What I Do After I Lose A TradeI noticed I’m still in AUDNZD, which is in good profit. Price made a new high, and my first action was to move the trade to break even. At the same time, I noticed I lost a trade on NZDCHF which I set a pending order for this morning.
What I did next was a reaction to the loss. I immediately sought a trade on a currency pair that was not on my list.
Once I did that, I heard a voice saying, STOP DOING THAT!
This is a repeated action I do when I lose a trade. Instead of feeling the loss, I try to medicate it by looking for something else to do.
As soon as I realized this, I wrote that down as a limiting belief and then wrote down what I believe about the market.
Limiting Belief: Losing a trade makes me feel like I need to look for a trade on another pair to make my money back.
Action to take: take a slight loss. It’s better than letting a losing trade run.
Belief: Small losses tell you the price has reversed and to be patient to wait for the following setup on the same currency pair.
Belief: The market changes. I have to adapt quickly because the price movement will change, which means every trade is unique.
Belief: Make trading a fun puzzle to figure out. It will become overwhelming if I work on too many puzzles simultaneously.
What I noticed last was how I felt. Usually, I feel a tight pinch in my chest before I get on my charts. Its anxiety. I didn’t feel it this morning. I felt relaxed.
After dealing with years of anxiety I can feel it decreasing the more I write out my thoughts and beliefs and see how they are what I trade.
Experiencing today's lose I had no feeling just a reaction I will work hard to not do again.
What reactions do you have when you lose a trade. What are thoughts and feelings? If negative what can you now begin doing that will help you adapt to price movement with a clear mind and well thought out actions?
If you found value in this shared moment of my trading journey please like this post and comment. You're not alone in this trading world. Let's talk it out.
Belief
TOXIC TRADERS ☠️📌 Both optimism and pessimism is the worst thing to happen to a trader.
⚠️ Please do not believe in a chart or have a faith for that...
📍 Being realistic and trade based on reasonable facts is the best way of trading. Always make decision based on facts and DO NOT TRUST YOUR HEART NOT EVEN ONCE.
⚠️ Set your risk by considering your character; are you willing enough to take risks as dangerous as completely losing all your money?
⚠️ As I wanna mention it again: NEVER BELIEVE IN CHART. Just see it as a potential oppurtunity.
📍 Trading is a game of numbers, mathemtics, algorithms, cycles, supply and demand, economics, etc. One of the most strict majors in the human history.
⚠️ Do not include your emotions and or you belief or faith in this game.
This is not a financial advice, I just am willing to share my own experiece with you guys
With y'all a very happy and profitable lifestyle
#bitcoin And public belief In this chart, I drew the public beliefs of people in different places
They never predicted correctly
If today they believe that Bitcoin is worth $ 24,000, I will buy it here and move against popular belief.
Please support me with likes and comments
Send this chart to your loved ones
Take care of your capital
Correction Imminent - 1 Hour Interval - EURUSDHello Successful Traders,
The currency paid (EURUSD) has been over-extended for approximately ( 2- 3 hours), considering this ideology... an imminent correction may take place within the next few hours to then potentially trend upward yet again. (Await Confirmation Prior to Market Entry).
Be Diligent and Stick To Your Trading Plan***
Not Investment Advice. For Educational and Analytical Purposes Only.
-LionGate
Potential Correction - Daily Interval - EURJPYHello Successful Traders,
The prevalent push towards the upside (bullish) has begun to manifest intriguing (potential trend transfer) analytics for the days (and weeks) to come.
Be Conscientious and Stick To Your Trading Plan***
Not Investment Advice. For Analytical and Educational Purposes Only.
- LionGate
Potential Temporary Reversal - 1 Hr Interval - AUDUSDHello Successful traders,
Considering the prevalent uptick in PA (Price Action) within the 1 hour interval (and in-ward), a probable correction may be imminent.
Be Conscientious and Stick To Your Trading Plan***
Not Investment Advice. For Educational and Analytical Purposes Only.
-LionGate
Temporary Bearish Momentum - 1 Hr Interval - EURUSDHello Successful Traders,
Considering the current uproar in PA (Price Action), an imminent correction may take place within the next few hours.
Be Conscientious and Stick To Your Trading Plan***
Not Investment Advice. For Analytical and Educational Purposes Only
-LionGate
Potential Breakout Opportunity - 4hr - AUDUSDHello Everyone,
The currency (AUDUSD) has been on a negative (bearish) trend for quite a time length. A transfer in trend (direction) is imminent soon. (or a correction within a few days times). Further analysis and patience is necessary before entering a position. (Wait for confirmation or infiltrated S/R Levels)
Resistance Level 3 - (0.72940 - 0.72965) 25 pip interval
Resistance Level 2 - (0.72070 - 0.072100) 30 pip interval
Resistance Level 1 - (0.71690 - 0.71715) 25 pip interval
Blue Horizontal Line (KPZ) - (0.71150 - 0.71175) 25 pip interval
Support Level 1 - (0.70520 - 0.70550) 30 pip interval
Support Level 2 - (0.70015 - 0.70040 25 pip interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)***
-LionGate
Bullish Position - Retracement ImminentSince the appearant oscillation of the stock has begun to arise, there is great opportunity for the momentum of the stock to make a significant reverse into the bullish vicinity.
Not Investment Advice. For Educational and Analysis Purposes Only. (Be Diligenet and Stick To Your Trading Plan).
-LionGate
Consolidation Taking Place - 30min - LINUFHello Everyone,
The stock (LINUF) has begun to consolidate at PA (Price Action) levels (0.037020 - 0.012578), which can be quite a discrepancy in value. There does not appear to be any (solidified) S/R levels that can implicate a viable position at this moment in time (IMO). Further analysis and patience is ideal within any trading strategy.
Resistance Level 3 - (0.131140 - 0.121170) .000030 cent interval
Resistance Level 2 - (0.099750 - 0.099790) 0.000040 cent interval
Resistance Level 1 - (0.039650 - 0.039680) 0.000030 cent intveral
Blue Horizon Line (KPZ) - (0.023985 - 0.023105) 0.000020 cent interval
Support Level 1 - (0.009920 -0.009950) 0.000030 cent interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Itinerary)***
-LionGate
Current Consolidation - Daily Interval - ONTXHello Everyone,
The stock (ONTX) began price consolidation after a tremendous push north (Bullish). As of currently PA is immensely volatile and I advise caution when longing or shorting this stock.
Resistance Level 3 - (11.15 - 11.35) 20 cent interval
Resistance Level 2 - (5.90 - 6.15) 25 cent interval
Resistance Level 1 - (4.70 - 495) 25 cent interval
Blue Horizontal Line (KPZ) - (3.35 - 3.65) 30 cent interval
Support Level 1 - (1.55 - 1.80) 25 cent interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)***
-LionGate
Potential Correction - 4hr Interval - ADXSHello Everyone,
The stock (ADXS) has none-the-less presented an immense amount of volatility within the last few days (2). The overall trend of the stock, however, is pulling downwards (Bearish) towards territory that hasn’t been contest since (2009).
Resistance Level 2 - (14.70 - 15.00) 30 cent interval
Resistance Level 1 - (10.75 - 11.00) 25 cent interval
Blue Horizontal Line - (8.00 - 8.30 ) 30 cent interval
Support Level 1 - (2.55 - 2.80) 25 cent interval
Furthermore, this is highly sporadic stock and should be handled with immense caution. (Wait for PA confirmation prior to entering a position)
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Principles)***
-LionGate
Position Developing - 45min Interval - CELHello Everyone,
The stock (CEL) has appearing to garner a modest amount of upward momentum. In the very least, PA is either attempting to consolidate at current price levels or formulate a breakout position. (Let Market Action Take Place and Then Form Your Decision).
Resistance Level 1 - (7.45 - 7.75) 30 cent interval
Blue Horizontal Line - (4.25 - 4. 55) 30 cent interval
Support Level 1 - (5.30 - 5.55) 25 cent interval
Support Level 2 - (3.40 - 3.70) 25 cent interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Itinerary)***
-LionGate
Reversal Impending - 4hr Interval -VUZIHello Everyone,
The stock (VUZI) appears to have endured a significant amount of sellers over consuming buyers (bearish market). In this regard, an immediate (or within the next formation) reversal may be in order to either consolidate at current PA (Price Action) level or breakout to lower lows (or higher highs). Further is always necessary prior to trading transfers
Resistance Level 3 - (7.15 - 7.45) 30 cent interval
Resistance Level 2 - (5.25 - 5.65) 40 cent interval
Resistance Level 1 - (3.70 - 4.10) 30 cent interval
Blue Horizontal Line - (3.15 - 3.35) 20 cent interval
Support Level 1 - (2.45 - 2.75) 30 cent interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)***
-LionGate
Reversal Imminent - 45min Interval - EURUSDHello Everyone,
The currency pair (EURUSD) has been on a (bearish) trend since (March 20th -21st). Considering the present PA at Support Level 1, there is a plausible opportunity to believe that the pair will be in an uptrend (or consolidation) within the next few days. Wait for further price confirmation. The PA has broken numerous consolidation levels to further progress downwards (March 25th -26th, March 28th - April 1st).
Resistance Level 1 - (1.13915 - 1.13945) 30 pip interval
Support Level 1 - (1.11890 - 1.11920) 30 pip interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Diligent and Stick To Your Trading Plan)***
-LionGate
Long Position Plausibility - ADMPConsidering the current oversold quanitifcation in-regards to the RSI, there is a strong possibility that there is bullish momentum forming.
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Conscientious and Stick To Your Plan).
-LionGate
Position Formation - 1hr interval - EURJPYHello Everyone,
Bullish Formation - (125.00-125.50) 50 pip interval
Bearish Formation - (123.625-123.675) 50 pip interval
Consolidation Current Price - (124.300-124.400) 100 pip interval
RSI - indicating a strong consolidation currently being manifested within the last (5-6 Days)
Overall, be diligent of the current momentum shift and fundamental releases soon taking place this (later) week.
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Principles)***
-LionGate
Position Solifiying Within Future Months - GF1!Considering the inclinated amount of oscillation over the last few months, there is implication to acknowledge the viability of generating sparatic movement towards either a bearish trend or bullish direction. (Patience is Key) Entry Point at Either 162.025 or 128.450.
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Itinerary).
-LionGate
Gold bull run next 24 hours!!SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1-2 Days
Actions on -
A – Activating Event
Commodity is creating a higher support line. Gold will move towards the 1236 level over the next 24 hours.
B – Beliefs
Gold will make a strong move within the next 24 hours and head in the direction of the 1236 level.
OANDA:XAUUSD 0.11%
Follow your Trading plan, Remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
Thank you for your support :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
GBP/CHF Short sell ....SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
GBP/CHF Short Sell continue...
Chart Time frame - 4 Hourly
Timeframe - 1-2 weeks
Actions on -
A – Activating Event
Entered short position on the 8th Nov. Below you will see trade management details
B – Beliefs
Continuing on with trade however moving stop loss closer
FX:GBPCHF
Trade Management
Entered @ 1.3154
Stop Loss @ 1.3195 ( Stop loss change to 1.31)
Target 1 1.277
Happy trading