4. What are some effective trading strategies for maximizing profits?
Proven trading strategies that can enhance profitability include trend following, breakout trading, and range trading. Trend following involves identifying and trading in the direction of the prevailing market trend. Breakout trading seeks to capitalize on price breakouts from defined support and resistance levels. Range trading involves trading within a defined price range, profiting from price fluctuations within that range.
5. How can I leverage trading tools to improve my performance?
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