[Question] I want to be able to make a living from the market for life and never lose. How can I achieve that? [Answer]
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A Simple Method to Judge Trends and Ranges with Support/Resistance
【Questioner】
In the market, from now on, to make a living for life
I want to avoid losing for life
How can I achieve that?
【Answer】
If you want to achieve that
for the first year
not on a profit base, but on a loss-avoidance base
please ensure you are on a loss-avoidance base
In short
for one year, do not lose at all
and protect your capital without getting losses at all costs
Then you will understand most of the flaws of the market
Even if you understand it in words
it means you have not fully grasped it
Just like sports and athletes
Ultimately, experience rules
Therefore, for the first year, please switch to a protective approach
If you can deeply understand the goodness and badness of the market from there
then from there, base your trading on profits
That will craft a trading strategy that avoids losing for life
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