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Trading Insights

Picking Tops and Bottoms: Is It for You?

The promising reward-to-risk ratios of picking tops and bottoms can be tempting for traders, especially when the setup is supported by major technical levels. But with more and more traders getting their accounts blown up by trying this strategy, is it really worth pursuing?

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Give yourself an even greater challenge than the one you are trying to master and you will develop the powers necessary to overcome the original difficulty.William J. Bennett