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Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)
210: 21-Yr-Old Now Manages Millions After FTMO Success
Jan 18, 2023
37:33
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Quick takeaways
- Collecting and analyzing years of data on currency pairs is crucial for building a solid trading model and gaining an edge in trading.
- Understanding market structure and focusing on mastering it can significantly impact trading success for novice and intermediate traders.
Deep dives
Data collection is key to successful trading
One of the most important aspects for traders is to take data collection seriously. It is crucial to go through years of data on various currency pairs to understand their tendencies and patterns. This provides an edge in trading and helps in building a solid trading model. Once you have collected enough data, you can consider pursuing funded accounts such as FTMO. However, it is recommended to maintain a stable income source while transitioning to full-time trading.
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