Mql4metatraderautomationtutorial Trading Tutorial Automation

A few weeks ago I did a survey among the Golden Goose course members and I got lots of useful feedback. Some things have been mentioned very often, for example the term “Burned money”. Every trader has burned money in the past I guess. And there are a few things, one can not influence. For example the Euro crash or what central banks decide.   However there are also some awful trading traps that one can avoid easily, once you know them. These traps are the topic we are talking about now, because I think nobody needs to lose money because of them.   Trap 1: trading cost   Often underestimated trading costs are the one thing that can even mean creeping death for a working trading system in the long term.   I fell into this trap myself and have paid unessecary swap fees for a long time, because I thought that cost would be unavoidable.   But far from it, there are definitely good brokers that can exist without swap fees and do only charge for commissions instead. My current main broker d