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{"id":18792,"date":"2021-11-19T11:57:08","date_gmt":"2021-11-19T11:57:08","guid":{"rendered":"https:\/\/iqtradingpro.com\/?p=18792"},"modified":"2021-11-19T11:57:08","modified_gmt":"2021-11-19T11:57:08","slug":"price-action-trader","status":"publish","type":"post","link":"https:\/\/iqtradingpro.com\/price-action-trader\/","title":{"rendered":"5 Steps to becoming a Price Action Trader \u2013 Part 5"},"content":{"rendered":"

To become an expert in any field, you need to put in time, effort, study and practice. If you want to become a professional trader with the Price Action in IQ Option, it also takes a lot of effort from yourself.<\/p>\n

However, the whole process of that practice can be summed up in 5 steps, which I will show you in this article.<\/p>\n

This article is like a preparatory step for trading planning. You must know what steps you will go through in the future and what each step must be done. From there, you can confidently use Price Action to trade in IQ Option.<\/p>\n

Register IQ Option and Get Free $10,000 Risk warning: Your capital might be at risk.<\/small><\/span><\/a><\/p>\n

Step 1: Learn to appreciate the beauty of Price Action<\/h2>\n

Many traders start learning Price Action with misconceptions and end up frustrated. Price Action is just a method, not the holy grail. It still has certain disadvantages that users need to be aware of, in order to limit and minimize risks. If you choose Price Action as a tool to make profits, you must appreciate its beauty besides those disadvantages.<\/p>\n

\"\"
Price Action is a simple beauty<\/figcaption><\/figure>\n

Price Action’s power comes from simplicity. A single focus on price gives us the information we need to make sound trading decisions.<\/p>\n

First, you must determine if you are suitable for Price Action or not.<\/p>\n