🌍 How many professional trading managers have fallen victim to gold's "bullish breakout" toward historic highs, confidently placing buy orders before the price plummeted, triggering stop-loss orders the next moment!
📌 How many technical analysts have trusted the "head and shoulders" pattern and declared a trend reversal, only to be surprised by the price breaking all its rules and continuing its upward climb!
📌 On CFD and MetaTrader platforms, where trades are executed not in the real market but within the platform itself, the maker becomes both the opponent and the arbiter.
📌 The price doesn't necessarily reflect the global market, but rather what the market maker wants the trader to see. A slight price difference or a split-second delay in execution can mean the difference between a sure profit and an inevitable loss.
⏪ Survival begins with awareness; Realize that what you see on the screen isn't necessarily what's happening in the real market. Don't place all your trust in a technical signal that isn't confirmed by fundamental data or real liquidity movement.
⏪ Avoid trading during major news events, when the microchips are intensifying and the screaming of oscillating candles is louder. Plan wisely, and don't leave your stop-loss exposed like an unshielded chest.