Let's also be aware that we can change our results by changing the way we think,, this is basically psychology of trading.You have probably heard it but have not CONSIDERED it.
Mark douglas the author of trading in the zone would say lets take some time of TECHNICAL ANALYSIS and shift to some MENTAL ANALYSIS
In this video we go over the 3 types of forex trades, the bad, the good and the great!
These tips are short and direct, but hopefully they are a wake up call to help you to start focusing on the good and great trades by being patient and disciplied!
I also go over our XAUUSD long trade!
Happy trading all <3
Hey all!
Busy days for us so we couldn't be too active with the videos we release to tradingview! But here is a little glimpse into what we are preparing to release later this week, which would be a "how to" guide on creating consistency in trading!
Good luck and see you all soon!
How do you planing your day?
If you look like Jack you should think about time management!
Benefits of Time Management
The ability to manage your time effectively is important. Good time management leads to improved efficiency and productivity, less stress, and more success in life. Here are some benefits of managing time effectively:
1. Stress relief
Making...
Welcome friends!💋 What's more important to you: Discipline or Motivation?
Today we'll talk about it.😊
There are two main ways to force yourself to do something:
⚡ the first, most popular, is try to motivate yourself;
⚡ the second, less popular, is to develop self - discipline.
What's the difference?🧐
Motivation is based on the erroneous...
Here is an essence of good trade management and mindset that I accumulated over several years.
I hope it will be useful for the 'less experienced'.
Please always use sound money and risk management in all your trades.
Good luck!!
We all know discipline is important for trading, but how important? So far, I’ve not yet met one profitable trader who lacks discipline. In fact, with proper discipline, a 30% win rate is enough to be successful in any market!
We all come to trading for freedom, financial freedom, free of work, trade whenever and wherever we want to... Now, everyone told you that you must be disciplined in order to be profitable from trading. Can you do it?
Instead of discipline, you should be responsible... Yes, Responsibilities will change your trading. You are responsible for protecting your...
This is my trading plan for February 2019.
Will be working this plan for the rest of the year, and review December 31 2019.
This is based on:
- 2 years of crypto trading
- realisation that I suck at daytrading
- suspicion I could be good at macro swing trading
- recent education on Babypips and other trusted sources
The focus of the year is on:
- learning
-...
Traders layering into TRY potentially got burnt last week as the Turkish Central Bank intervened to halt the local currency's worrying devaluation by raising interest rates by a whopping 3%
Whilst i tend to let the majority of fundamental data pass me by , it often pays to atleast maintain a health awareness of key macro factors that might have a direct impact...
Whilst I am on a roll, I'm pushing out loads of questions and thoughts that have occupied me for the last two years. All this is well ' Beyond Technical Analysis '!
In too many trading/training videos out there, I've heard the words 'discipline' and 'self-discipline'. These are so commonly used words that many take their meaning for granted, or as something very...
In the most recent BTCUSD dip I made a series of mistakes that put me in a slightly nervous position overall, but still generally favorable.
Over a series of trades I managed to find myself in a position with an average buy price of $7486.13. Trading profitably on the dips I reduced this average buy price to $7348.21.
Throughout this series of trades I had...
Many a trader will have made their best analysis based on information at the time and then taken an entry position, only to find that the market does something unexpected. Price may move violently in the wrong direction i.e. not the favoured direction and comes close to a stop loss or actually stopping out the position for a loss. Now with hindsight a trader feels...
Hello there, everyday i look in the chat and i see people making trades based on fomo, chasing price and news and i wanted to bring to life a few steps that i have in place before making a trade. I hope this is helpful! best of luck!
Here is a great example on why it's so important to stick to your plan and follow your rules 100%!
GBPAUD 60min Bear TCT: Notes are on the chart
Would you have been disciplined enough to watch the market get 99.9% to Target #1 and sit through a 150 Pip Reversal and losing half of your profits? Then watch the market come down and Double Bottom just ahead of...
