Never stop trading , you don't know how quickly your life can change .
If you're still getting it wrong and the journey is difficult, take a break , find out if it's the strategy or the psychology and work on it . You'll thank Yourself .
These are only weekly overall outlooks. More pairs will be covered in the private channel. Do not fully rely on these analysis. They might be changed during the market hour without any prior notice. We always flow with the market. Both short & long outlook and signals on multiple (forex pairs, indicies, cryptos) will be shared in the private group everyday with entry, stoploss and target. Trade with your own risk.
Читать полностью…And again,don't expect you’d be winning in a steady progression just like the old days. Believe me, it’s not that blissful as it was preached but yeah. There’s more to learn in this space. Not a day job!
Читать полностью…When you venture back a bit, you'll see the entire picture all the more plainly and comprehend the reason why you're helping yourself out by having some time off. It’s easy to get swallowed up by anxiety, it can be tough on nervous and might end up getting you drained.
Читать полностью…I get it. Most of you want signals or mentorship. But even with the right tools one can be lost without the correct head space. Your greatest muscle is your brain and you biggest strength is your inner peace. Channeling this will bring new levels in trading.
Читать полностью…Your trading will change for the better when you actually accept and internalise that you cannot control or know the outcome on any given trade you are simply applying your edge and playing a game of probability and risk to reward
Читать полностью…I am sending you 1π! Pi is a new digital currency developed by Stanford PhDs, with over 47 million members worldwide. To claim your Pi, follow this link https://minepi.com/Deexclsv1992 and use my username (Deexclsv1992) as your invitation code.
Читать полностью…NAS SELL SHARED ON THE SUBSCRIPTIONS SIDE 🤑🤑💸💸the entries are really something to be admired though
Читать полностью…Those who know what we’re capable of doing knows exactly what this means,after two years of not being fully active we back now
Читать полностью…Trading will milk you dry until you accept & change your own bad habits… Every job you can be someone else and get away with it. Not this one. This one you gotta face yourself. It’s not cliche it’s true
Читать полностью…Trading full time again,text on the pinned WhatsApp number if need of assistance ☝️😇
Читать полностью…Now that you are back to trade, you will get in stream again and you might even trade better than anyone might have expected. But you should treat loss as an opportunity to learn.
Читать полностью…Why not go off for sometimes to re-organize, remember that when you have purposefully or unexpectedly had a break from trading , you will most likely need some ideal opportunity to correct to your former approaches to getting things done.
Читать полностью…THE LESS I TRADE, THE MORE I MAKE
This sentence might not make sense to you, but someday you’ll realize ‘Not Trading is also Trading’
At the point when your cash is on the line, unexpectedly you're checking the costs more than you check SM, it might be overwhelming.
Never allow a trade to drain your mental capital. If price action does not support your trade. Do one of the following:
1. Take partials.
2. Breakeven
3. Close full trade.
Never allow a trade to drain your mental capital. If price action does not support your trade. Do one of the following:
1. Take partials.
2. Breakeven
3. Close full trade.
Humility, statistical significance, and greed: How forex rewards effort but punishes arrogance.
One of the most important factors for newer traders is the ability to realise that 100 or 200 trades is, statistically, insignificant. You’ll often see someone on the sub saying something like “I’ve had 60 trades with a 77% win-rate! I’ve nailed this game!”. This usually leads to sarcastic replies, an argument, and then a month later the OP will post something like “My system fell apart! What’s going wrong?!”
In other words, hubris gets the better of most new traders and they don’t listen to the warnings about greed, arrogance, and risk exposure.
For the first year of your trading life it’s best to bank as many small profits as possible while paying close attention to your losses in particular. A win rarely teaches you anything because you’re far less motivated to analyse *why* you won. Whereas you’ll dwell on a loss for hours if not days. So you might as well journal it properly and figure out what you did wrong.
If you believe you’ve found a profitable way to trade make sure you know precisely why it works, instead of having a general idea: what you trade, the relationship between volatility and your stops, the pairs you do best on/worst on, why those winning pairs work for you...etc. I could easily tell you what percentage of my trades are shorts, on what pairs, what time of day, and the average lot size- I’ve been keeping spreadsheets on all my trades for years. I know my stats by heart and it’s given me a clear picture of what I’m best at and which areas I’m less capable in. If you don’t already do this then eventually you’re going to have problems by default.
Due to the efficiency of the forex market there’s a certainty that any strategy which relies on purely technical gaps in the market will come to an end- banks pay algo programmers a fortune to find those gaps and close them. So strategies that work in one year might not work in another.
If, however, your profitability is based on a strong ability to simply follow the market and react to the dynamics in a timely fashion then you stand a higher chance of maintaining your forex career. You’ll probably end up in the 20% who consistently profit in forex.
Avoid greed, journal losses carefully, cut losing trades, don’t be afraid to stay out if necessary.
You can achieve a remarkable ROI in forex simply by banking lots of very small wins; there’s no need to “gamble the farm” at all.
Hope that helps.