One of the best ways to maximize profits is to look for a Low Risk Trade.
But what is a Low Risk Trade?
First, the bad news.
It’s not a trade setup that you learn and apply straight away.
Of course, you need a good trade setup, but then you need to learn how to trade safely.
Essentially, you need to learn how to reduce risk in trading.
Now, the good news!
In the live trade on TradingView that we discuss below, you can learn how to turn almost any trade into a Low Risk Trade.
Remember: it comes down to trade setup plus trade management.
The price action and our trading indicators are indicating that we have a low risk trade.
Additionally, we decide to trade it on the conservative side because further analysis suggests that a major resistance might prevent a bigger target.