Should close all the position at the end of a week / month.

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What is different with a professional scalping trader and the others trader?

It is about never hold the position over night. Especially the end of weeks or month.

Because if you are holding your position when you are trading at 1 minnutes chart like me,the breakout in the new week/month would have been happen and it will burn down all your account balance.

I never holding it overnight or weeks or months. I decided to cut loss or save my profit is better. Because at the end of the week, market is closed but you never known exactly what will happen on the Saturday or Sunday, when have an suprisingly big impact news, it will have a big gap may be over 100 pips in trading pair XAU/USD. That is enough to burn your account balance.

So stay safe, close all the position and enjoy the weekend.


 
Should close all the position at the end of a week / month.
 

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