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TRADERS! One step is a step forwardHello traders, Are you feeling stuck in your trading journey? Are you constantly asking yourself "WHICH WAY AM I MOVING?" Let me tell you something: as long as you are taking one step at a time, you are moving forward. It's easy to get caught up in the day-to-day ups and downs of the financial markets. We can get so focused on the short-term fluctuations that we lose sight of the bigger picture. But here's the thing: those short-term fluctuations are just noise. They may affect your account balance in the short-term, but they don't define your long-term success as a trader. So how do you stay focused on the long-term and keep moving forward? Here are a few tips: Set clear goals for yourself. hat do you want to achieve as a trader? Do you want to be consistently profitable? Do you want to learn a particular trading strategy? Whatever your goals may be, make sure they are specific, measurable, and achievable. Keep a trading journal. Writing down your trades, your thought process, and what you learned can help you reflect on your progress and identify areas for improvement. Seek out education and mentorship. There is always more to learn in trading, and having a mentor or joining a trading community can help you gain new perspectives and stay motivated. Remember that trading is a journey, not a destination. It's easy to get caught up in the thrill of making a big trade or hitting a home run. But the most successful traders are the ones who are in it for the long haul. They are the ones who are consistently learning, adapting, and improving. So don't get discouraged if you have a few losing trades or if you feel like you're not making as much progress as you'd like. Keep taking one step at a time, and you will get there. Trade well, live free. Timon MATI Trader Feel free to support me and follow my socials below...
JSE:J200Education
by Timonrosso
Journal Entry 1, July 18, 2022. My FX Journey Journal Entry 1: July 18, 2022 Price opened and dipped down but not taking out Asian lows. Price rallies to the upside drawing towards Daily -OB. I reluctantly was impatient and didn't wait for the set up to happen. Price gets to the Mean Threshold of the Daily -OB right after the London Killzone @ 6:15am NY time, then drops 55pips into a 4hr FVG, in the middle of the NY killzone @ 8:15am NYtime. Price rallies to the upside for 81 pips. Profit taking for the sell was at the open of the 4hr FVG, and for the Buy, at the Daily Rejection Block. I lost out on roughly 130+ pips for the simple fact I was impatient and not watching the charts correctly. This was a simple Daily to 4hr P/D array... That I truly missed out on. Take aways, be patient recognize the setup is not a setup until it sets up. Don't force anything, only wait for the highest probability setup that you see clearly.
by chaarate
Trader comfort zone journey 🥴➡️😊Let's end the week on a thoughtful note. On the chart is a visual I see the other day that I feel relates to trading massively. It's called the comfort zone map. This can be applied to many situations in a person's life as a generic visual map. But I really do think it represents the journey every trader must take in order to become successful. COMFORT ZONE It's where we all start any journey Sat in the comfort zone not wanting to leave as we dont want to fail or get hurt. Some will stay in this zone forever but will never progress. If you are on TradingView looking at this idea then chances are leaving this zone is already being explored. We all like this zone put you have to take the leap of faith in order to progress. As traders we all have to leave our comfort zone in order to start our trading journey. FEAR ZONE This is the worse zone for any human on any sort of journey but more so for traders. Things are really uncomfortable in this zone and pain will be felt. Mistakes will made, as traders money well be lost but key bit is learn from those mistakes. Plenty of people will turn their backs at this point and jump back into the comfort zone. Those who carry on trying to achieve will have other people questioning what are they doing. Don't let opinions sway you and find a way to find your feet in this zone. You will lack knowledge, You will lack skills at the start but traction comes with hard work and persistence. LEARNING ZONE The traction gained and hurdles overcome in the fear zone leads you to this zone. Once in this zone it's now all in the eye of the beholder. This is now the new comfort zone but don't drop the ball you can end up dropping back in this zone. Now's the time in this zone to really kick on but it can take time. You are now laying the foundations of an exciting future. Take the base knowledge gained and gain even more in this zone. Problems are no longer holding you back as you are able to overcome. You enjoy the challenges and tackle them head on while still learning. Putting the time in here takes you to the next step but also stands you in good stead for rest of lives hurdles. GROWTH ZONE This where the fruits of your labour are felt but not just in trading profits. Mindset and contentment are on point. Due to the above continued learning never stops. Objectives are now smashed. Purpose and fresh identic is now found within yourself. Continued Personal growth as well as financial growth is now a element of life. In this zone the end game is infinite but shouldn't be taken for granted. Hard work has got you here but don't get complacent. Treat everyday as an opportunity to fulfil your life even more in many ways not just money. You earnt the right to be in this zone so enjoy. But be grateful in this zone and take nothing for granted. Stay level headed and with the right mindset this becomes your new comfort zone to enjoy forever. Enjoy the weekend folks and see you next week 👍 Darren✌️
Editors' picks
Education
by pow_removetheguesswork
52
How to continue in trading during uncertainty timeHello traders: Recently I received many messages from traders about taking many losses during this uncertain time. What's going on globally right now may have a different impact on all the different markets. Many have told me of your frustration, stress, and negative emotion on losing money and continue to feel defeated. Today I will explain a few things that you can implement into your current trading plan, approach and perspective during this period of time. First, you must acknowledge risk management. Too many traders ignore this key important aspect of trading. Especially during this time where the market can be volatile and irregular. It's in your best interest to understand how to manage your risk. You should have a plan that lists out how your approach would be. For example for my risk management right now: -1% per trade of account capital. -No more than 1 trade on the same currency, unless the first trade is secure in profit. -No more than 2 trades open during a day, max drawdown 2% per day -10-15 trades per month -3 trades maximum per week -Minimum 3:1 RR allow before entry -Will Take profit on average when in profit 3:1 RR. Second, learn to control your mindset and emotions. More often when traders approach me these days, they are telling me they are taking too many trades, chasing profits and revenge trading their losses. All these arise from the mistakes of FOMO, get rich quick mindset, enter multiple trades. IF a trader can truly understand the fact that the market will always be there tomorrow, next week, next month..etc, then it's an easier thing to deal with on a psychological level. You will no longer stress about trying to enter too many trades, worry that the market may not be available tomorrow. Third, less social media exposure. In today’s world, unfortunately in trading, most of the things you see on social media are fabricated and fake. Their sole purpose is to sell you a dream, lifestyle, and easy money concept. ITs always during this uncertain time, you will see more and more of these “gurus” who will show you how much $ they made during this time. Now, I am not saying all are fake or scam, I am sure small # of them are doing well. But, most of the things you will see in your social media feed, are likely to be photoshopped, faked, fabricated to make you believe whatever you are doing is wrong, and you tend to “compare” your result with these people. This ended up becoming very negative and stressful to continue. ITs important to understand trading is one of the toughest professions out there. IT requires so much emotion control, clear mindset, and proper psychology on a regular basis. If you are struggling, it's usually not to do with your trading strategy, but rather your approach, perspective, and perception. So, eliminate as many unrealistic things you might see, and focus on yourself and your journey. Any questions, comments or feedback welcome to let me know. Thank you
Education
by jojofang0901
38
Is Trading “Gambling” or “Risky” ? Explained in business terms.Hi everyone: The question that most people will ask is whether trading is the same as “gambling”. Throughout the 9 years of my trading journey, this has always been brought up and asked about many times. Of course anyone is entitled to think based on their perspective and view, so I am not here to argue or convince them otherwise. Rather, I am here to share some key aspects of what I learned in trading for the last 9 years, as well as years in the business world to discuss the difference between “Gambling” and “Risky” in trading and in business. Most people who have never traded in their lives, but have heard about trading, usually assume trading is some sort of get rich quick scheme. They often assume it's a type of “gamble”. Since most people around them probably lost money in trading. It's not surprising as the statistics don't lie, 90-95% retail traders lose money in trading and quit eventually. But what most people don't know is “why” and “how” they lose money in trading. It's usually a combination of poor mindset and emotion. No systematic plan, no risk management, get rich quick thinking, revenge/over trading, fear of missing out, and alot more psychological issues. They did not put in the time and effort to succeed. Which then resulted in traders losing money and quitting. Eventually making up excuses of why they fail in trading, and blame the market, the broker, the strategy. All these no doubt also resulted in what normal people will say trading is a “gamble.” On the other hand, is trading “risky” ? Trading is just like any other businesses out there, that will be risky due to unforeseen circumstances. Businesses face external factors that they can not control, just like in trading. Businesses have internal expenses, overhead costs, labour, loans, C.O.G.S…etc as well as many competitions within their respected industry. It requires hard work and determination to succeed. Even for larger businesses that are where they are today, they were all risky when they started. Was Amazon Risky ? Was Tesla Risky ? Was Facebook Risky ? Absolutely. But that did not stop their owners from putting in maximum effort and time to make it work. Trading is no different, you are the owner, director and the CEO of your trading account. So, don't confuse and get “gamble” and “risk” mixed up. It's up to us individually to acknowledge and understand the difference between the two. The truth is, successful traders understand the difference between “gamble” and “risk”. To remove the “gambling” aspect from trading, is to have a well written trading plan, proper risk management, right trading psychology, positive mindset and control emotion. Whatever strategy you decide to implement is not really the cause of your success or failure, but rather those I mentioned above. This way, you remove almost all the “gambling” aspect away from trading, and it is now “risky” but bearable for you to handle. Will trading always be “risky” ? Sure, it is a business and anything can happen unexpectedly and out of nowhere. But successful traders understand the importance of treating trading like a business, so contingency plan, back up plan, trading plan, management plan, and much more should be carefully thought out so you will know what to do when you are hit with sudden surprises like in a business operation. The worst thing we can do is to not be part of any “risk”. If we are so relaxed, laid back, and have no stress to motivate us to move forward, then we stay within our “comfort” zone. We become so glued to our 9-5 job which we then think it's safe. But, we will forever be in a rat race against many others who are better than us in credentials that will land that higher position/salary that we want. “So to me, without taking a “risk” in life is the biggest “gamble” that you can do in life.” Welcome to let me know and share with everyone what you think about this topic :) Thank you Jojo
BITSTAMP:BTCUSDEducation
by jojofang0901
41
Treat trading like a business or you might not succeedHello everyone: Today I will go over 6 main points on why you should treat trading like a business in order to succeed in this industry. 1. Business will have busy seasons and slow seasons. But overhead expenses will remain the same. So not every month can be profitable, same with trading. -Some months you can have more wins, some months you will have more losses. It's what you do on average for the whole quarter/year. 2. Record your win/lose trades like any businesses that has bookkeeping to record their revenue and expenses -This is for you to keep track of your progress, results and find areas to improve. You must record your profits/losses so you can identify your result. Refusing to do so is like a business that does not record their expenses and wondering why they spend so much $ 3. In trading, YOU are the Owner/Director/CEO. If you are not putting in the time and effort like a top executive of a business, then it's unlikely you will succeed. -Top executives don't just work 8 hours a day, 5 days a week. They put in way more hours than that to keep the business running, operational, and profitable. 4. No business starts out as profitable, they are likely to be in the “red” until years later when they can recover the losses and then some. -Most businesses start up with debts, borrow money and loans. Don't expect to pay off all those in one year. In trading you will likely incur losses in the beginning of your trading journey. Understand its a process all must go through in order to come up to the top. 5. Each and every year, businesses review their entire operation. Identify the mistakes they make, find solutions to their problems, create plans, visions and goals. -Identify your mistakes by journaling your trades. Find areas to improve, whether that is your entry, SL/TP, Risk management, trading psychology, mindset/emotion. Acknowledge your mistakes, drop your ego, work on overcoming your mistakes. 6. 90% of small businesses fail within 3 years, acknowledge the odds are not in your favour, but continue to put in time and effort. NEVER GIVE UP -90-95% traders fail in time. You don't often hear about the traders who lose, but you often hear about the social media “guru” and scammers doing so well. Trading is not a get rich quick scheme, nor is it easy. You have to continue to put in time and effort to succeed. IT doesn't come instant, and those who can not commit to such, will not be able to continue trading consistently and sustainably. Most important is, if you fail, get right back up. NEVER GIVE UP in trading, and NEVER GIVE UP in life. Any questions, comments and feedback welcome to let me know. If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :) Jojo
Editors' picks
OANDA:XAUUSDEducation
by jojofang0901
309
5 Key Advices To Share With Trader Who Is Struggling In TradingHello everyone: Lately many of you have messaged me about getting FOMO and entering trades without confirmations. In addition you can't seem to “not” enter trades when the market hasn't shaped up to your strategy and entry criteria. I am hoping in today’s educational video it can help some of you guys to get back on track. I want to share 5 main pieces of advice that can help out traders who are currently struggling. These are experiences and lessons that I accumulate throughout the 8 years of trading and in hope to help some of you who are struggling in your current journey of trading. 1. Do “NOT” think about get rich quick in trading -Trading is a marathon, not a sprint -90-95% traders fail due to a combination of: Greed, FOMO, mindset/emotion, risk management, trading psychology. -Trading is not a get rich quick scheme, but it can produce consistent, sustainable passive income if you can put in the time and effort -Most try to jump to the result right away, without going through the journey, that is not how life works. 2. No trading strategies, style, method can give you 100% strike rate -Trading is probability, not right or wrong. -Understand you can have the best strategy in the world, and still not be profitable. - Technical, Fundamental, Algo, EA...etc can all not work. This is why risk management is important to not over risk, over trade, over leverage your trading account 3. Backtest and journal -Backtest your strategy so your brain acknowledges and recognizes it over and over again. -Slowly build up confidence in your strategy and method. IT will come to you like second nature -Journal all your wins and losses so you can review them. Work on them, accept your mistakes to grow and improve. 4. Control your EGO -Human beings have ego to prove others are wrong and they are right -We refuse to admit we made the error/mistakes, and blame others/external as the cause. -Acknowledge that in trading, stop blaming the market, the broker, the mentor, the strategy...etc. -Don't take things personally and be offended by it. 5. Never Give Up -I blew several accounts in the beginning of trading career, gave up and quit trading multiple times -I always ended up coming back to trading. After taking time off. Whether that is weeks or months in the beginning journey. -No one is born into a trader, just like no one is born into a doctor, lawyer. -If trading was that easy, then everyone would be rich. -Success is measure by how many times you get back up when you failed I hope these pointers can help you guys to get more focus and get back on track in trading. Any questions, comments or feedback welcome to let me know, thank you Jojo Below I will share others educational videos that have direct relations to the topics above: Trading Psychology: How to deal & manage losses/consecutive losses in trading ? Trading Psychology: Revenge Trading Trading Psychology: Fear Of Missing Out Trading Psychology: Over Leveraged Trading Trading Psychology: Is there Stop Loss Hunting in Trading ? How to deal with it ? Prevent Blowing an account by backtesting: Risk Management 101
BITSTAMP:BTCUSDEducation
by jojofang0901
43
My Journey of TradingThese thoughts come in my mind recently. And I think I want to share with anyone who interested in. I already trade for about 2 years now, and I found that this world of trading is a very unique world. In order to survive, I think I need to be happy. But when I walk in this journey, I found many things that change my mind. I think to be happy in this stuff, I must have a goal. And I must try to stick to that goal. For now, I set my goal to make money and to be happy. Believe it or not, sometimes during my journey, I fall to several things that distract me from my goal (without I realize it). Now what I found comfortable enough to hold on to, are stuffs that I write in the last box. I have sometimes "envying" friends that succeed in scalping. And trying to become scalper, damages my life. I can't concentrate to my main job, I have no willingness to spend time properly with my family. I found no happiness at all. Well, trading is like looking for a spouse. Find anything that suits you best. What's best for other people, may not be the best for you.
OANDA:XAUUSDEducation
by arifkus
2
SEC impactAs we are aware over 90% of XRP holdings are done individuals outside of the US. However, we need to understand that this does not mean the US can reach international Laws when it comes to anything involving big money. I have two personal opinions and comment below on what you think. I believe that when Feb 22 hits XRP will be back at the 0.45-0.50 maybe even 0.60 based on the previous structure that we broke back there that started on the 24th of Nov and Wicked out at 0.78. What i expect that from Feb 22nd XRP will wick out at around 0.70 and touch the 0.25-30 before we fly again over 1.00. Now my other personal opinion is simply that the price of XRP remain at the 0.25-0.30 and as a result of the Lawsuit if it may be deemed not a security, bring us directly to the 1.00 price range without the chance to see 0.25.30 again. Now I believe this to be my personal opinion but if you think about it the Forex market is already a 4-5Trillion dollar market and that's per day. I believe the crypto market capitalization will reach 100 trillion dollars by 2025 if not 2030. This is simply something i see based on where the world is headed in terms of currency and the use of currency globally. Comment down what you think as I personally believe that XRPA itself will one day reach that MKT CAP of 1 trillion dollars. In Crypto, you never say never.
BITSTAMP:XRPUSDLong
by jeansipeninvestments
My introduction to you: ETH and BlockchainGreetings Traders, My name is Jeedo Jeansipen I am not yet a professional. I trade stocks, forex and Crypto currency. My work field is Contracts Law looking to further my education in Corporate Law and of Real Estate. this is my first ever post so please feel free to give me so feedback as we all here to learn. Now looking at the chart that I am currently showing you, ETH is setting up for a big move enacting a bullish trend touching back on previous broken structure. Now I believe that ETH is on it's way to the 600-700 USD trading range by beginning of February or much sooner. Personally as traders, I believe we need to understand the platforms behind these cryptocurrencies, advantages and disadvantages regarding the use of the currency in the global market. These currencies do have the ability to allow developing countries reach developed status and under developed countries undergo development at a much faster pace because of crypto currency. In conclusion, it is not just about money, it is about the power of connectivity and the potential held in these coins. Please feel free to start a conversation or offer your feedback regarding what you would like to see and furthermore. thank you for taking the time of reading my introduction to what hopefully will change your and your financial situation. We are all here to learn and learn is what we shall do. Jeedo Jeansipen
KRAKEN:ETHUSDLong
by jeansipeninvestments
My journey in trading, experiences, ups and downs. Hello everyone: In this video (all talking in this one) I am gonna talk about my trading journey and experiences. All the ups and downs that I have been through in hope to give new and experienced traders a honest raw example of a trader’s journey. Of course everyone learns and absorbs information differently, and I am sure there are people out there who didn't have to go through the way I did, but I thought sharing my journey would help some of us who are still struggling to find consistency in trading. So, a little bit about my trading journey: Beginning Stage -Not profitable the first 2+ years, gone through the roller coaster ride of a trader’s journey -Start with S.R and indicators. Does work and makes profit, but doesn't suit my personality. -Was not consistent, some weeks in profit, some months in losses -Made all the mistakes, wanted to give up and quit many times. -Had negative trading emotions, mindset, and no idea on trading psychology -Not following the trading plan, no risk management -Over trading, over risking, revenge trading -Emotional when I miss out potential runs of the market -Blame the market on my losses Turning Stage: -Did not give up -Admit all my mistakes, work on them, change them. -Truthy admit you are in control of your trading account, not the market, strategies, mentors or other external factors -Put in the time and effort, understand that this is something it can be your career for the next 30 years, what is it to you to put in a few years of hard work ? Acknowledge the market will evolve and change, and we need to adapt as a trader -Understand trading is a probability game, not right or wrong. I can be wrong, and won't affect my emotions. -Want to be the "house" rather than a "player" in a casino setting, -Learn about price action and structures. -Have no problem missing trades and profits, understand the abundance of opportunities in trading -Follow my trading plans, make goals, back testing, forecasting, journaling -Acknowledge my expectations in trading, 3:1 RR, 15-20 trades, 1% risk per trade, 35-40% strike rate (higher strike rate requires less R:R). Looking for consistent growth of accounts and capital -Understand once you are consistent, there will be more opportunities and investors who are willing to let you trade -Continue to have a humble attitude in trading and market -Continue to learn and grow So I hope I answer most of the questions that you have asked, but if you have additional questions on my journey and anything else, let me know below. :) Thank you
Education
by jojofang0901
14
My $1k to $100k Challenge Journey - Day 17 Trade #26 - FUELHello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by the end of the year by day trading altcoins. I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile. The first week, I made a few mistakes that cost me. Being greedy never pays off. Last 13 completed trades: 9 wins 5 loss After 16 days and 24 completed trades: Wins: 14 Loss: 10 Balance: 0.1847 B USD: $ 1498 *Some trades may be pending and not yet included in my stats There are too many trades to list. All my trades and stats for this challenge can be found in the link on my profile if you want to follow. CAUTION: This challenge represents a small portion of my overall portfolio. To maximize the potential of reaching my 100k challenge goal quickly with just 1k, I am using most of my challenge bankroll per trade trying to build up my bankroll for the challenge. If you are following me, I do not recommend this strategy, but instead you should limit your trades to max 3-5% of your portfolio per trade. Please trade smart. Alright, here we go with Day 17 trade #26 I invested 0.0846 B into FUEL. I bought 22265 for an average cost of @ 378 satoshi Sell target is: 397 for 5.03% profit Stop loss: 361 In case you are wondering why my buy price sometimes doesn't match the current price on the chart when I make a new post, this is because I post my coin selection to my Discord group first and then make a new trade idea here which takes about 30 minutes to complete this all. I am 100% transparent. I show screenshots of my buy price and amount on my Discord group. This has been a fun experiment and I enjoy sharing my journey. Your comments, agrees and disagrees are always welcome and appreciated. Thanks for stopping by and have a great day!
FLong
by redking75
8
Trade 13: Short AUDCHFRisk of capital : 2% Action: Sell at 0.7374 T1: 0.7323 ---- T2: 0.7268 ------ S.L: 0.7412 For more details about the trade and all Stats since start of journey (May 11) goo.gl Disclaimer: This is my trading experience, it is not an invite or recommendation to trade. Remember -Never risk more than 2% of your balance on a single trade. And If you are a beginner 1%. -A Single or few trades result is not important. Whats important is the net return at the end of the month, quarter and year. Best Technician Trade closed manually: closed manually at 1.6896
Short
by Technician
30
Trade 11: Long NZDCAD Action: Buy limit at 0.9660 T1: 0.9749 ------ S.L: 0.9615 If we reach above 0.9710 before triggering entry the trade will be cancelled. Unless I stat otherwise in updates. This Trade will have Risk of capital of 2% For more details about the trade and all Stats since start of journey (May 11) goo.gl Disclaimer: This is my trading experience, it is not an invite or recommendation to trade. Remember -Never risk more than 2% of your balance on a single trade. And If you are a beginner 1%. -A Single or few trades result is not important. Whats important is the net return at the end of the month, quarter and year. Best Technician
Long
by Technician
57
Trade 8: Short USDNOK Action: Sell Limit at 8.477 T1: 8.407 T2: 8.308 S.L: 8.516 This Trade will have Risk of capital of 2% For more details about the trade and all Stats since start of journey (May 11) goo.gl Disclaimer: This is my trading experience, it is not an invite or recommendation to trade. Remember -Never risk more than 2% of your balance on a single trade. And If you are a beginner 1%. -A Single or few trades result is not important. Whats important is the net return at the end of the month, quarter and year. Best Technician
Short
by Technician
19
Trade 7: Long EURNZD Reasoning Bullish breakout above falling wedge Breakout in the direction of the main daily trend Bullish engulfing candle on the daily chart Stochastic near oversold on the daily Trade Levels Entry: Buy at 1.5850 - Target 1: 1.5993 - Target 2: 1.6150 SL: 1.5778- Avg. RR = 3 This Trade will have Risk of capital of 1.5% Stats before this trade Number of trades: 6 Winning Trades : 2 Losing Trades: 3 Breakeven= 1 Net return: +1.6 Remember -Never risk more than 2% of your balance on a single trade. And If you are a beginner 1%. -A Single or few trades result is not important. Whats important is the net return at the end of the month, quarter and year. Best Technician
Long
by Technician
37
Trade 6: Short term simple Long Reasoning Strong short term uptrend Pullback to rising trend line Hammer candle at trend line Earlier breakout above 200-days and 50-days simple moving averages Trade Levels Entry: Buy limit at 0.8680 - Target: 0.8743 - SL: 0.8649 - RR: 2 All my trades will have Risk of capital per trade of 2% Stats before this trade Number of trades: 5 Winning Trades : 1 Losing Trades: 3 Still active: 1 Net return: -2.4% Remember -Never risk more than 2% of your balance on a single trade. And If you are a beginner 1%. -A Single or few trades result is not important. Whats important is the net return at the end of the month, quarter and year. Best Technician
Long
by Technician
10
Trade 5: Long USDCHF at Potential SupportReasoning: The price at potential support: Long term rising trend line 78.6 Fibonacci retracement for major bullish wave 1.618 Fibonacci extension for latest bullish wave RSI Oversold and showing divergence Long legged doj candle Trade Levels: Entry: Buy limit at 0.9705 - T1: 0.9813 - T2: 0.9950 - SL: 0.9640 - Average RR: 2.71 All my trades will have Risk of capital per trade of 2% Stats before this trade: Number of trades: 4 Winning Trades : 1 Losing Trades: 2 Still active: 1 Net return: -0.4% Remember -Never risk more than 2-3% of your balance on a single trade. And If you are a beginner 1%. -A Single or few trades result is not important. Whats important is the net return at the end of the month, quarter and year. Best Technician
Long
by Technician
36