forex trading strategy podcast[HTML1] Another Great Scalping Day!

Today, Chief Trader Armando Martinez executes three consecutive position on EURUSD- These entries although supported by past support and resistance levels all ended up hitting their stop loss levels and resulted in three consecutive losing trades yet netted only a loss of 11 points. Armando explains his Forex scalping strategy to limit these losses by placing close stops, additionally he follows the 3 strike rule which is in place to give the trader time to reflect on market conditions. This secret to Forex success limits losses while maximizing profits- remember lose small, win big.

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FxST Scalpers Daily Recap:

Highlights of the Top 2 Learning Moments

  • Learning Moment # 1: Chief Trader Armando Martinez executes three consecutive position on EURUSD- These entries although supported by past support and resistance levels all ended up hitting their stop loss levels and resulted in three consecutive losing trades yet netted only a loss of 11 points. Armando explains his Forex scalping strategy to limit these losses by placing close stops, additionally he follows the 3 strike rule which is in place to give the trader time to reflect on market conditions. This secret to Forex success limits losses while maximizing profits- remember lose small, win big. Armando adds further insight into these trades later in the session. Learn to master this lose small win big philosophy in our online training room.

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