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No more losses, {{Name}}!
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Today, we want to chat about something that every trader encounters at some point
how to
deal with losses. Losses can feel like a rollercoaster of emotions, but
they nothing
more than a natural part of trading and great learning opportunities.
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In this email, we'll explore a helpful strategy how to prevent.
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“Trend is your friend” is one of the main trading rules. It’s true! It’s safe
and calm
to follow the trend movement. One of the variants is to trade inside the
channel, using
the rebounding big candles to open the positions.
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NZD/USD (H4)
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If you are an experienced trader, you may trade bullish and bearish movements even
inside a bullish channel. Opening a position after a rebound and closing it near the
opposite level. You should be more careful with the opposite movements because if the
price rebounds before reaching the take profit, it will not return, and the losses will
only increase.
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Nevertheless, the trend has its end, and you have to decide to close the trend position
after the channel breakout, even if it is followed by a loss. The good news about this
is that usually, the breakouts are robust, and there is a possibility to open a position
in the breakout direction that may bring a good profit.
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Want to learn more how follow the trend movement to avoid potential losses?
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Subscribe to one of the courses on
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And get access to watch daily live trading sessions
with TOP traders👇
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Academy.pro offers high-quality, comprehensive resources: video lessons, live trading
sessions and more to seize profitable opportunities in different financial markets.
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