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Another Great Scalping Day!

Today Chief Trader Armando Martinez talks about the current market conditions and the lack of liquidity during today’s New York session. Knowing when to trade is normally is just as important to understand. If you were a passive trader, we all sat on the sidelines, which can be a little boring sometimes. However, Forex Trading is a business, follow your rules and stay out of the market if know opportunities present themselves.

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FxST Scalpers Daily Recap:

Highlights of the Top 2 Learning Moments

  • Learning Moment # 1: Chief Trader Armando Martinez executes an aggressive Long position on GBP/USD using an advanced Power V Trade ™ – Resulting -7 Pips. If you watched the session, GBP/USD fell much further after he exited his position. Not every trade you execute is going to be a winner, you must accept that. After you accept losing, begin by tightening your stops on more aggressive trades, along with trading smaller positions. Cut your losses and let your winner run!Video Time line (0:00 -1:01)
  • Learning Moment # 2: Chief Trader Armando Martinez talks about the current market conditions and the lack of liquidity during today’s New York session. Knowing when to trade is normally is just as important to understand. If you were a passive trader, we all sat on the sidelines, which can be a little boring sometimes. However, Forex Trading is a business, follow your rules and stay out of the market if know opportunities present themselves. Video Time line (1:02 -3:02)

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