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As the original poster stated, his losses came from "not knowing where the markets are going".
In the beginning, we don't SEE where they are going, and that is the problem. So we go in all sorts of directions.
Later, with a solid system, we see where things are headed, so we are ONE STEP AHEAD.
Take the time to learn how the markets work. Then, your trading will become profitable. Be patient and do your homework.
Happy trading,
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