fundedtradingclub

#1. Source for profitable traders, Tips from funded trader. 👇Become a funded trader

[fundedtradingclub @fundedtradingCB]

Do not focus on how much you can make
Focus on how to lose less!

Protect your capotal!

[fundedtradingclub @fundedtradingCB]

Losses are inevitable!
They are part of trading

Think in probabilities!

[fundedtradingclub @fundedtradingCB]

Don’t go against the market
go with it!

Be sync it!

[fundedtradingclub @fundedtradingCB]

Trade what you see
no what you think

Be objective

[fundedtradingclub @fundedtradingCB]

@MuchecheTrevor @SharamaGautam 👋

[fundedtradingclub @fundedtradingCB]

First, you need to experience the real market.

Even if I'm telling you dealing with emotions is very important but you won't be able to understand it if you're not trading a real account.

[fundedtradingclub @fundedtradingCB]

3. Write it down what makes your trading bad

Overtrading, Overleveraging, Getting out too early...etc

[fundedtradingclub @fundedtradingCB]

1. Don't get out of the trade without reasons (More than 3)

most people get out of the trade because of the emotions

2. If you are a beginner don't add position

It can end with a massive loss if you're adding positions in the wrong place

[fundedtradingclub @fundedtradingCB]

Emotion management

Now, this is the toughest one...it's easy to say but hard to do. Just stick to the plan and that's it.

[fundedtradingclub @fundedtradingCB]

Something like if I’m too emotional then don’t trade that day, lose 3 trades in a row then stop trading.

If you’re trading in Newyork session, a lot of impact news comes out at that time. So be aware of it

[fundedtradingclub @fundedtradingCB]

In every trade, you need to know why you're entering that trade. Unless you're trading based on your gut feeling like a gambler, hoping you're right.

Also you need golden rules to avoid stupid trades and big drawdowns

[fundedtradingclub @fundedtradingCB]

Based in your knowledge you’re making a plan contains entry, exit, stop loss, trailing stop, adding position…etc

ex) When the price forms triangle and break previous LH or HL then enter the trade. SL will be previous LL or HH, don’t use trailing stop

Like this☝️

[fundedtradingclub @fundedtradingCB]

Trade management

This is needed for not doing dumb shit like getting in and out trades, overtrading stuffs.

Trade management is based on market analysis. If you’re a technical analysis you know the chart patters and price action.

[fundedtradingclub @fundedtradingCB]

RRR 2:1

Risk/ Lose / Win

1. 0.5% / -0.5% / +1%
2. 0.75% / -1.25% / +1%
3. 1.35% / -3.1% / +0.95

You risk more after losing trade

*this money management is just an example. You need to make your own based on your win rate, RRR

[fundedtradingclub @fundedtradingCB]

So you could put another 0.5% on the table and would make a gain of 0.5%

if you win the second trade, or you can risk more than that on the second setup, like 0.75% or 1%, to make a bigger gain on the second chance

[fundedtradingclub @fundedtradingCB]

Money management

Money management is needed when you lose trades.

Let’s say you risk 0.5% to make a profit of 1% in your first position; if you lose the trade, then lose 0.5%.

So for the next trade, you want to make more than 0.5% to get rid of the previous loss.

[fundedtradingclub @fundedtradingCB]

2. Position size (risk per trade)

Position size is your trading volume per each trade. A lot of trading gurus says not to risk more than 3% in a single trade.

But it depends on how much you want to risk.

It can be 5% or 0.5%.

[fundedtradingclub @fundedtradingCB]

Risk management

There’s 2 type of risk in trading

1. Market session (Liquidity)

In forex there’s 4 session you can trade
(Sydney, Tokyo, London, Newyork)
depends on what you’re trading.

Remind that certain currency pairs are volatile in that session.

[fundedtradingclub @fundedtradingCB]

There’s 4 managements plan you need to MAKE before trading

1. Risk management
2. Money management
3. Trade management
4. Emotion management

[fundedtradingclub @fundedtradingCB]

It’s a guideline by you for you

To not be panic on any situation and
doing things that already set for