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Showing posts with the label Forex trading for beginners market sentiment trading Price Action trading Forex technical analysis

Why Market Sentiment Trading Fails (And What to Do Instead)

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Learn to Trade in 5 Days Why Market Sentiment Trading Fails (And What to Do Instead) Market sentiment trading sounds appealing—trade against the crowd and win big—but it’s a risky trap that rarely works. After seven years of trading and millions in profits, I’ve learned that Price Action Trading is the key to generating $1,000–$1,500 weekly in the $6.3 trillion Forex market. In this guide, I’ll explain why market sentiment trading fails, compare it to fundamental analysis, and show you how to trade profitably with Price Action, plus a real trade example to prove it. Get my 5-Day Trading Mini-Course 1. What is Market Sentiment Trading? Market sentiment trading involves trading against the majority of retail traders, assuming they’re wrong since most fail. Platforms claim to show where 99% of traders are positioned (e.g., buying), so you do the opposite (sell). Key Characteristics: Concept: If 99% of retail traders are buying, sell, as they’re likely to ...