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While I’ve multiple styles, I would characterize myself primarily as a momentum trader that relies upon tape reading to identify favorable risk/reward situations enter in in the direction connected with trend.
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I am a day trader and hold my positions any place from a matter of moments to some hours. I’m primarily a scalper and am looking try advantage of short-term imbalances between supply and demand. I will holiday in a trade as long as I’m able to identify a supply/demand disproportion.
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When I first started trading. I, like everyone else, did not do well my initial years. I believed it was going in order to become easy. Possible just read a book or two, buy some secret indicator or strategy, and exactly like that, I would personally be a strong trader. Furthermore tried several advisory business. I still was not a successful trader. My problem was, I had no foundation of actual trading knowledge, we certainly to help understand the psychological part of trading.
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