I would take a month out of the 3 months mentorship I would give you to teach you -how to lose.
Losing as part of trading is not emphasized that much and inexperienced traders tend to avoid anything leading to loss and hence make a lot of mistakes in their trading.
Sometimes you need to take that small loss to make this big profit.
#btmm #fxng
Nice setup on gold
Missed the first bounce on the 15 EMA.
Waited for a possible bounce on the 200 EMA or the middle of the Asian range but that didn’t happen.
#btmm#xauusd $xauusd
The USDJPY sell I took was a nice setup but market took us out.
Then went on to give a peak reset but then there’s been market manipulation on it….
Remember this the crosses of the EMAs are reaction to market price and movement.
If we had not experienced a spike in price on the Asian session of Tuesday market might likely give us a level 2 cross and in line with what you know about btmm might risk everything and sell then market does it’s thing leading to your account blowing.
Well I recovered from swinging gold.
#btmm $xauusd $usdjpy
Sometimes you gotta think about it this way;
If you didn’t take that loss….you won’t take this profit.
If you didn’t trust that trade that ended up in loss to take its course and let the stoploss hit, how would you trust the next trade that might end up in profit to run without closing it.
Cut your losers and let your winners run.
#BTMM $btc $xauusd #forextrading