ing is a competitive endeavour. So you only succeed in trading by beating the competition. And you can't do that if you join them. Make sense? How do you do that? One way is to focus on a single instrument. Even though you might feel the need to scan the market far and wide for opportunities - it's the wrong approach and here's why: Looking at many markets is surface-deep. Agree? You're only identifying the same opportunities as the crowd.
To better understand the benefits of mature-age trading skills and the concept of trading playing fields - check out this real-life trading case study in the following video: Where you can trade versus when you trade Understanding where you can and can't open a trade is crucial, and trading playing fields help with that. However, they won't guide you on when it's the right time to enter. Equally challenging is timing your entry. Agree? You try to use tight risk management .
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