Welcoem to posts!!
in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
Trading can be the hardest way to make the easiest money.
In profit be careful of greed and in loss watch out for striking fears.
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MT5 and MT4 is back on apple play store 😂😂😂.
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if you notice that a trade set-up is almost messing with your mind and you are almost breaking or had broken your risk management rules embrace a loss or go for break-even. Walk away from your trading station and call it a day.
Wait for a new day, when the blessing of a clear mind is by your side.
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Trading has only one Law Keep it Simple...
There are times the market presents two profitable biases (one with an immediate term and the other one with a short-term move), like buying and selling.
I just pick one of the biases, trade it and forget about the other one.
I don't try to buy and If TP was hit, I plug into the sell program. If you're guilty of this start working on your mind because it's the gamblers' mindset rooted in greed. In the long run, you'll discover that this approach wrecks your trading profit.
Think Long term when trying to trade and not short-term.
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I took a zone-to-zone trade today. But the price hit my TP and still went further. I did not reenter and I didn't regret it. Before I take any trade, I always factor in my risk and reward. Profitable trading runs on statistical probability.
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In forex trading your profit from one trade means nothing. But how far the profit was preserved with the base capital in the long run.
Excellent Risk Management and Sound Trading Psychology is all you need to trade in the long term.
Your strength in technical analysis is at best a reflection of your type of person. But the market will always want to hack your psychology or mess up your risk.
Trading for a Living is a business and not a skill that should be treated with less care.
More Pips!
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At one point or another, we pay tuition to learn to trade. Either to an experienced mentor or to the market. But in the end, your experience should be tailored to refine your edge.
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Trading is not a get-rich-quick scheme. Successful trading is not hinged on how good you are at technical analysis.
Successful trading is hinged on Risk management and Sound Trading Psychology. Without these two you're a gambler who is yet to bleed in the market.
Think about it.
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The feeling of ease, when you have an open position regardless of it outcome is a proof of matured trading Psychology.
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This video will train your eyes to capture the moves for real !!!
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—🏠Sovereign Trade Hub LTD🏠 (formerly Fx-Hub)
—linktr.ee/fxhub
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Dedicated to simplifying Trading in practice and profits.
No hype or deceits. We have a strong appetite for risk management.
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