Experts' answers Question In the last month I made 24 entries into the market, the monthly result is a 2% capital gain and 70% of the positions were not losing, that is, they were on the plus or zero. Nevertheless, it worries me that I earned little, I feel like standing still. Several times I had such a case: I have SL equal to 20 pips, the market went 20...
hi, just wanted to share a couple of thought on management, mainly for new members. in my eyes, there are two categories of management: simple (fixed RR) and more complex (variations of trailing). Both have positive and negative sides. In my eyes, as a very very subjective opinion, simple fixed RR system will be better for most people. Or ok, I'll not speak for...
----- 🙏 In an era where financial landscapes evolve rapidly, venturing into the dynamic domain of foreign exchange (Forex) trading need not be an intricate odyssey. This novella of wisdom unveils the rudiments, steering you through the intricate labyrinth of setting up your financial fortress, handpicking the tools of the trade, deciphering the enigmatic...
I sorted out the principles of this long BTC trading strategy. This is a trading system with a high winning rate that I often use. It is very simple and practical. I will share it with you now, hoping to help you. As we all know, the risk of futures trading is very high. If you are a novice, then you are prone to failure. Liquidation and asset zeroing are common...
TL;DR Total Profit of approximately $900 (around +9%) for the 2nd week of August 2023. Total 9 trades, 8 wins & 1 loss. 1-hour Timeframe, Oanda, XAUUSD(Gold), $10,000 Capital, $200/ 2% per trade. Mechanical Consistency Trading Strategy; Purely rule-based strategy, zero guesswork, zero analysis. Disclaimer: I am not a financial advisor. The content for this...
What is your strategy? If asked, could you explain it to one of your friends or family members? More importantly, does it make sense? Is it clear? Teaching or Sharing your thoughts & methods leads to a deeper understanding of the content. If nothing else, speak aloud and hear your reasoning out of your own mouth before taking a trade. My current strategy is to...
The topic of trading edge in the market is highly underrated, in my opinion. That’s why today I propose to discuss it, and I hope it can help you to shift your perspective on this matter. So let’s think about this together. What parts does your trading edge consist of? 🟩 THE BIG FILTER For me, the first part of any trading edge is its filter. So your trading...
A common mistake that traders make after learning any kind of trading setup is jumping into backtesting using a replay tool, or even live trading. However, if you think about it, trading is very much about pattern recognition. And when you force yourself into live trading without a proper understanding of what your patterns look like, most likely you’ll need much...
Hey Traders! Happy Sunday! In this video, which ends a little earlier as I didn't know videos have a limit, we go over a few key points, starting from the PIK trading strategy which you guys will hear about much more over the next few days, mindset, motivation and guidance is covered too! When it comes to the PIK trading strategy, we go over the indicators that...
The educational videos we release help traders develop specific trading skills. In todays video we speak about multiple time frame analysis and just how important it is. In this example we are using xauusd and mapping out key trading levels, chart patterns such as the reversed head and shoulders and the 5m rounding bottom We hope you learn something valuable...
Hey all! In this video we go over the best types of trades you can take and explain why when technical analysis is connected to momentum and/or fundamental analysis you can make big returns relatively easy... Easy meaning you follow your process/system not dive deep into FOMO land! If you like the video give us a like and/or comment! Related to this video is...
Becoming a trader is not a journey for the faint of heart. Becoming a successful trader is ultimately an act of determination . Not unlike the titular character of the John Wick trilogy (Quadrology? Pentology?), we traders have to be "a man of focus, commitment, sheer will." (and I'm certainly not being sexist... this goes for you female traders as well!) We...
In this video I'm going over a way to start building an investment or trading strategy. Why is a strategy important? A strategy is a plan for survival in this financial world. With me (and some* others), you'll learn that such a plan is crucial for the success of the portfolio because the main focus is TIMING. More questions arise from that but it's best to focus...
Happy Monday Traders! In this video we go over exactly what you need to do daily to become a forex trading champion! In short, to achieve success in forex day trading all you need to do is do what airplane pilots do... follow a check list, apply your process and have a destination! See attached other valuable videos we have released that can help make you a...
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
This is an idea about having a good thought process. The image of a sniper is often used. In the cover of the idea (screenshot at the end in case it does not display correctly) I put a few examples. I have not seen this on the internet and being shown by course providers, and how could they know, the internet is full of get rich quick with 5 minutes a day feel...
Your beliefs shape the way you live life. Change your beliefs, change your life.
Many new traders do not have trust in their strategy. This could be due to a number of reasons, lets delve deeper.