The reason for your unprofitability usually comes from your ignorance to some of the most basic laws of trading.
Ask yourself these simple questions.
- Do you apply proper risk management on your trades?
- How profitable would you have been if you simply waited until all your trade confirmation criteria are fulfilled before you execute your trades?
- How profitable would you have been if you only traded in line with the trend?
- How profitable would you have been if you traded 1-3 assets?
- How profitable would you have been if you hold your trades until full TP?
After providing honest answers to these questions, would you have been more profitable if you abided to these simple trading laws?
The problem isn't always from your strategy.
Reading 10 pages per day is 3,650 pages a year.
Running 6 miles per day is 2,190 miles a year.
Becoming 1% better per day is 37x better a year.
Making $100 per day is $36,500 a year.
Stop underestimating the power of small habits.
THANK YOU 10,000 FOLLOWERS โค๏ธ๐ฅ
If this tweet gets 500 retweets, I will drop a thread on a very profitable "liquidity based" trading strategy.
Premium Information ๐ฏ
I want to make a thread on High Precision Orderblock Entries.
My only problem is that this information is just too precious to share with the public ๐
If this tweet gets 100 RTs, I will drop the bombshell. ๐ฅ
This Mini Thread is a response to 3 messages I got from 3 persons
As to which is the best prop to trade withโฆ
In this thread I wonโt be saying one is better than the other
I would just be pointing out similarities and differences
Do well to bookmark this as โฆ
Trading Psychology 101 #FXTradersDigest
Itโs either one of two things;
1. The market patiently waits for you to rush in and get eaten.
2. Or, You patiently wait for the market to serve itself to you to eat.
Itโs a jungle my friend, you either eat or get eaten.
RT if you understand.
The market is about HIGER HIGH, HIGHER LOW + LOWER HIGH, LOWER LOW Then RANGE.
When you understand this. just focus on your ENTRIES & EXIT levels.
Then give deep concentration to PSYCHOLOGY & RISK MANAGEMENT
forget the plenty grammar and stop giving yourself ANALYSIS PARALYSIS.