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78 | Thiru Nagappan - Fx trader with his own smart indicator

A TRADER'S LIFE

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How to Quantify Your Tops and Bottoms

The key to making money is first thing all traders must understand and what we teach all our clients is that you must always know quantitatively how much move is left upon point of entry. Of course, it's written in a lot of books that exits are actually the more important than entries. There are many a times when a trader enters a trade, he sees $2,000 of open profit on his trade, but he thinks it's going to go further. Now, this will help you towards achieving consistent performance and making a strategy more towards profitability.

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