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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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I'm newReviewing Your Trading Plan: Take a comprehensive look at the trading plan you've developed throughout the bootcamp, ensuring it covers all essential aspects, including goals, risk management, and trade execution.
Strategy Optimization: Evaluate your trading strategy and identify areas for improvement or optimization based on your experience and feedback received during the bootcamp.
Refining Entry and Exit Rules: Fine-tune your entry and exit criteria to ensure they are clear, objective, and aligned with your trading goals and risk tolerance.
Trade Management Guidelines: Establish robust trade management guidelines, including rules for adjusting stop-loss and take-profit levels, scaling in or out of positions, and managing multiple trades simultaneously.
Backtesting and Simulation: Utilize backtesting and simulation tools to validate the effectiveness of your trading strategy and gain confidence in its performance under various market conditions.
Documentation and Implementation Plan: Document your finalized trading strategy in detail, including specific rules and procedures, and create an implementation plan for putting it into practice.
Interactive Workshop: Engage in interactive discussions and exercises to refine and finalize your trading strategy with guidance from our expert traders.
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I'm new