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Trading Guide is a daytrading / scalping trading strategy for Gold / XAUUSD on the 5min timeframe.
It contains:
A mini-eBook in which the strategy is described (pdf)
5 videos with example setups and trades
A MS Excel Sheet with a backtest of 100 trades
According to the backtest the strategy has a winrate of 86%.
These guides aim to educate traders on various aspects of the trading process and help them make informed decisions.
A trading guide may cover a wide range of topics, including:
Market Analysis: It may provide guidance on how to interpret charts, indicators, economic data, and news events to identify potential trading opportunities.
Trading Strategies: Introducing different trading strategies or systems that traders can use to enter and exit trades.The guide may explain the principles, rules, and indicators involved in each strategy.
Risk Management: Emphasizing the importance of risk management in trading and providing techniques to manage and limit risk exposure.
Trading Psychology: Recognizing the psychological challenges that traders face and offering guidance on how to develop discipline, patience, and emotional control. It may address topics like managing greed and fear, maintaining a trading journal, and handling losses.
Trading Platforms and Tools: Providing information on trading platforms, charting software, and trading tools that can assist traders in their analysis and execution. It may offer recommendations and tips for using these tools effectively.
