![Why combining these three key concepts stops crippling trading account erosion [Video]](https://i.headtopics.com/images/2024/6/7/fxstreetnews/why-combining-these-three-key-concepts-stops-cripp-why-combining-these-three-key-concepts-stops-cripp-38443D779343DEA728E48E5D92624EC8.webp)
Unlike riding a bike, game planning is a skill that continues to improve through guidance and feedback.
Picture a trader at work: What comes to mind? Someone entering and exiting trades. Right? Keep reading to uncover why this common perception often leads to crippling account erosion and, more importantly, how to transform it into a strategy that works to your advantage. One The easiest aspect of trading is buying and selling. See the short trading in the chart below? This trading sequence occurred on Thursday. The timing of buys and sells is an automatic response. Let me explain.
Make sense? Your job as a trader is to identify which move matches your game plan versus which is the equivalent of the wrong train going to the wrong destination via the incorrect route. Like the train station has signs to guide you, the market also provides signs, which I refer to as multiple points of evidence. By following multiple points of evidence, you can identify the precise moment to action your game plan.
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