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Drawdown

EUR.JPY (S) - Thursday, 14 February 2019 / -0.5%Thursday, 14 February 2019 EUR.JPY (S) -0.5% A textbook trade opportunity that provided 7 positive confluence factors, in addition to a healthy 2.5:1 reward comparative to risk.\u2028\u2028 Drawdown as a financial trader is inevitable, it requires immense amounts of strategically designed mental strength to trust your strategy.\u2028 How you deal with these emotional demons moving forward will determine your future success. #Transparency
by UnknownUnicorn180388
3
Forex Trading Admin BoardSELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Forex Trading Admin Board Over the past 18 years of trading the markets I have always had an admin white board next to my main desktop computer. This has kept me disciplined and methodical in my trading approach. I am very regimented and disciplined and I try as hard possible to limit the amount of errors in my trading. Below is a list of some of the elements that i have on my white board to prepare my self before, during and after trading the markets; 1. Economic Calendar events for the trading day (time, Asset and Importance of the news event) 2. Notes for the day ( What to improve on, how am i feeling,Goals for the day/week/mont, Mission statement, Date.....) 3. Monthly drawdown SOP 4. Risk per trade 5. Risk per capital 6. Individual checklist 7. Orders ( currently in or maybe coming up in the near future) 8. Watch-list ( any assets that may have a potential - Inline with my strategy) 9. and lots more.... I have an extensive amount of information on this board. Listed above is just a quick taste of what it in-tales. Please let me know if you any questions Happy Trading :)
TVC:GOLDEducation
by SMPTrader
POWRBTC huge gains require great consolidationPower Ledger broke out today and brought huge gains. Price reached 0.00005786 level. A retracement and consolidation is coming which is normal after breaking through several resistance levels. The candlesticks and Bollinger Bands are showing signals of a coming retrace which are confirmed by Ichimoku clouds. We expect the 0.0000340 - 0.0000360 range to work as a new support, consolidation and bounce level. This is drawdown game strategy. Wait till the price hit the support then open long position. Targets will be presented in the Premium channel later
Short
by Skyrexio
4