Have you often trapped by FKLI or FCPO and lose money? Often you identified what you thought a potential trend continuous , you executed a trade and only to found out that the market went against you. It is very frustrating, isn't it?

Yes, I understand your pain. I too, used to getting trap by FKLI & FCPO when I was just started my trading journey.

And I thankful for those painful experiences or mistakes because now I learned how to avoid those traps.

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Types of traders who get trapped in FKLI & FCPO

Here are two types of traders who will easily getting trap (I used to be one of them):

1. Impatience traders and never wait for a candle fully formed.
2. Traders who chasing a old/long trend and they get in very late.

When traders who unable to manage their emotions, they easily got into the trap themselves, executed their trades, they are handed their money to the professional traders. It's sad story but is true.

"If you can't handle your emotions, Don't trade"

USUAL FKLI & FCPO MARKET TRAPS

The only way to avoid market traps is to become the smart trader (Professional Trader). Be constantly looking out for the signs of bull and bear traps because they can be a very good trading opportunities.

Here are example of traps:

1. The GAP trap

Gap ups or gap downs are very common phenomenons FKLI and FCPO. Some gap are legit, while some are just a fake momentum to trap you. Traders can go to our Intensive TFM Futures Program to learn advance techniques to identify fake/legit momentum.

[caption id="attachment_6957" align="aligncenter" width="1024"] As you can see FKLI Gap up and give fake momentum to catch those impatience and greed traders[/caption]

  2. Pinbar

Pinbar is another extremely obvious and common trap in FKLI & FCPO. Designed by the smart monies to catch those impatience and greed traders. Greed is a powerful emotions that can lead many traders do not wait for a candle fully formed and then they jump in a trade too early. Click here to have more explanation about Pinbar.

 3. Engulfing pattern

Engulfing patterns are candlesticks patterns that show weak /exhausted of the trend. Newbie traders will be easily getting catch at this situation. Click here have more explanation about Engulfing pattern.

Maybe some of you have same experience as me, gotten trapped and lose money in FKLI & FCPO. That is totally OK. But with the new knowledge that we learned here today, we should able to analyze the markets more clearly and avoid those traps. Don't make the same mistakes again.

If you want to learn more advance techniques to improve your skill on analyze FKLI & FCPO, Feel free to check out our Intensive TFM Futures Program! 

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