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Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)
216: Real Life Sacrifices to Make Up To $3000 A Day Trading Forex w/ Marcellino Fx
Mar 1, 2023
41:50
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Quick takeaways
- Understanding market structure is crucial for successful trading as it helps traders align their trades with the direction of the market's momentum.
- Learning to read price charts and understand support and resistance levels is essential in developing a profitable price action trading strategy.
Deep dives
Importance of Structure in Trading
One of the key points emphasized in the podcast is the importance of structure in trading. The speaker explains that understanding market structure, such as higher highs and higher lows or lower highs and lower lows, is crucial for successful trading. By identifying proper structure, traders can align their trades with the direction of the market's momentum, increasing the probability of making successful trades.
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