Art Of Trading Refined Pdf __link__ - The
The financial markets are dynamic, with new trading opportunities and risks emerging regularly. A refined trader understands the importance of continuous learning, staying updated with financial news, and evolving their trading strategies as necessary.
| Crude Behavior | Refined Replacement | |----------------|----------------------| | Moving stops further away | Accepting the predefined loss as cost of business | | Averaging down on losers | Adding only to winners (pyramiding within risk parameters) | | Overtrading after a loss | Taking a mandatory break (e.g., 30 minutes or until next session) | | Predicting tops/bottoms | Trading breakouts or reversals with confirmation | the art of trading refined pdf