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"Trading is not a business of predicting, it is a business that involves hypothesizing and risk management"
It is common practice among retail traders to use needlessly wide stop loss due to fear of taking a loss and preserving their win/loss ratio. This fear is commonly caused by lack of knowledge and due to insufficient research and back testing. They don't understand that losses happen and they are part of this business and that there is no place for fear, if you want to be a successful trad… Блог Сообщества Dukascopy
EUR/AUR-Trade & Long Term Wiew
- In this blog i would like to explain my EUR/AUD trade idea ,how i got it and what is my wiew on long term for this pair.The trade idea come to me as i was conducting my daily analysis . O spotted an great opportunity in what looks like an inverted head & shoulder pattern.It is quite far from the regular look of the pattern but still in my eyes is very viable.
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