Naked Forex: high-probability techniques for trading without indicators [PDF]

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PDF Title : Naked Forex
Total Page : 683 Pages
Author: Walter Peters
PDF Size : 6.5 MB
Language : English
Source : indianpdf
PDF Link : Available

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Naked Forex: high-probability techniques for trading without indicators

Decide which type of trader you are going to be. Either you will be a runner, or you will be a gunner. Stick to one exit philosophy. Decide what makes sense to you.

If you are a gunner do not get upset if the market runs for 500 pips after you exit the trade. If you are a runner do not get upset when you get stopped out after the market goes in the expected direction initially.

It is important to stay true to your trading beliefs. The best way to do this is to avoid re-trading the last trade. In fact, re-trading the last trade may send you into a cycle of doom—never a fun place for traders. In the next chapter, we examine this cycle in detail.

Naked Forex: high-probability techniques for trading without indicators PDF


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