ou may encounter many defeats, but you must not be defeated. In fact, it may be necessary to encounter the defeated, so you can know who you are, what you can rise from, how you can still come out of it
Currently, based on the H1, I'm waiting for a pullback to the 194.400-700 area to take a short sell to the 193.500 area. Then, I'll wait for confirmation to see if we continue with the bull trend or have a B.O.S. If it holds and respects structure, it's safe to buy back to that 194.4-700 area. I drew somewhat my projection for the upcoming moves. Any feedback and...
Exploring the GBP/JPY pair, a popular currency combination known for its volatility and responsiveness to global economic events. This pair typically reflects broader economic trends between the UK and Japan, influenced by factors like interest rate changes, geopolitical developments, and economic data releases. I analyze GBP/JPY through a blend of technical and...
It’s not whether you’re right or wrong that’s important, it’s how much money you make when you’re right and how much you lose when you’re wrong.
The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading… I know this will sound like a cliche, but the single most important reason that people lose money in the financial markets is that they don’t cut their losses short.
Stay away from those people who try to disparage your ambitions. Small minds will always do that, but great minds will give you a feeling that you can become great too.
Stay away from those people who try to disparage your ambitions. Small minds will always do that, but great minds will give you a feeling that you can become great too
What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.
while I can’t guarantee your success as a trader, I can guarantee that if you study and apply the mini-lessons below you will be in a much better position to succeed.
Investors are in the market to make money, not to prove or disprove academic discussions. Follow what works for you, and let others follow what works for them
The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading… I know this will sound like a cliché, but the single most important reason that people lose money in the financial markets is that they don’t cut their losses short. :)
It's not always easy to do what's not popular, but that's where you make your money. Buy stocks that look bad to less careful investors and hang on until their real value is recognized. Dont b a fool follow ur own idea;)
The actual process of trading, however, should be effortless. My attitude is that I always want to be better prepared than someone I'm competing against. The way I prepare myself is by doing my work each night. Do more of what work and less of what doesn't!!
In this business, if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.
A peak performance trader is totally committed to being the best and doing whatever it takes to be the best. He feels totally responsible for whatever happens and thus can learn from mistakes. These people typically have a working business plan for trading because they treat trading as a business.