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Trading is a Simple Process.

Profitable trading is a very simple process:

Identify market direction
Identify key price action decision points
Determine where to enter trade(s)
Identify potential profit objective before trade entry
Set initial stop-loss protection to mitigate risk
Manage open trade between entry and reaching profit objective

That’s it… those few steps above constitute what professional traders do. Everything else and anything else is unnecessary for success.

(From the website: coiledmarkets.com)

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