I was blessed to be shown a better way of tradng by a good friend of mine and also added my own edge to this system which is hedging. The strategy doesn't matter...what matters is your strategy align with your risk management and trade management.
backtest with your rules in mind make it fun, don't ignore your emotions and actually play out trades..see why you lost and why you won. This will help in the long run AND don't forget to Forward test as well
Mistakes When Backtesting (Advice from pips of persia) Looking only for where would I have entered It’s not about WHERE you would have entered it’s about understanding market behavior Ignoring losing scenarios When you consistently do this you’re not use to seeing losses on live accounts. You are only use to seeing scenarios that play out while backtesting These...
In this video we dive deeper into how to train your eyes to be patient and look for key signals of where price will go. The market always leaves clues and it's up to you to determine how to piece the puzzle. The goal is to have an idea of where price may go and to also work on your strike rate -I also covered different trade options you could have gotten into as...
analysing where price may potentially go for the upcoming week. nothing is promised in this market however we must make it make sense
make forex fun man. this can potentially help with your market analysis...study what happened during the week..see where you could have gotten in..use the replay function
going with the trend will safe you a lot of struggle and confusion, but the most important thing is to trade from the correct trend so that you're minimizing your risk and taking high quality trades
follow structure and you will improve your trading immensely
trading doessn't have to be this super scary thing that we are afraid of. create rules and stick with those and you can make money
I have to give credit to one of the trading goats, pipsofperia. I learned this technique from just watching a simple youtube video on market structure. Go check his page out on youtube and re-watch it. When you understand structure it will help your market execution and trading The link to where I learned this strategy: youtu.be
analyzing the market with understanding of where Liquidity is