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- 5NITRO+ Instructions – Trading 1
"We rate the shares with a 'buy' recommendation and share price target [65p currently], which has scope to move higher should the group secure major nuclear new build contracts," says Cummins.
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Like static, computer-based indicators that are added to your chart, dynamic human-based indicators are not correct 655% of the time. Remember, we deal in Logic and Probabilities. We only need to be correct the majority of the time.
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Instead of the majority of our time being focused on entering and completely exiting positions all throughout the day, we can instead redirect that time and energy into adjusting take profits. If we feel a trend is losing some momentum or fear it is not light retracement, we can simply move some take profits closer instead of completely exiting a position prematurely out of fear or because our trading day is approaching the end.
5NITRO+ Instructions – Trading 1
Kano — The late military Head of State, Gen. Sani Abacha, did not loot the national treasury contrary to the general impression, two military former heads of state have said.
Actively managing positions by moving some take profits further away during moves can also lower spread costs. The action of moving a take profit further away can be equivalent to having more open lots, or adding more lots. If price action is beginning to show signs of real strength [or weakness] with good tick volume, you can move some of your take profits further away instead of letting them get taken out early.
You are unique. Your trading style and methods are very special and very unique. No one knows this better than you. No one knows the quirks and idiosyncrasies of your trading methods better than you.
An investment in any Metatrader Indicator or EA will absolutely never replace the years of daily screen time required to develop the needed long term habits + knowledge.
Many new users really want for 5N+ to be the only tool they 8767 ll ever need. They really want to make the GLOBAL% output the only source of information they need or use. They really want to build some sort of repeatable technical system around it. They really want to make an EA of it. They really, really want this to be 8766 complete 8767 . Sure would be easier right?
In addition, the number of different pairs a user trades along with other factors and user information we are not privy to makes it completely impossible to try and provide concrete trading rules that are supposed to be followed and apply to all users. The mere attempt to do so implies that it is actually possible to rely solely on software to trade successfully regardless of experience, sessions traded, symbols traded, effect of economic reports or news events, .