@Brinceofcrypto@_T_flow_ You’re at 4.6% DD don’t force a comeback. Trade smaller, stick to A+ setups only and protect the account. Missing a trade is better than losing the account.
We will be having our psychology session with a very important figure in the FX space @AartTheTrader
and the session is sponsored by
@headway_world
There will be giveaways for active participants
To join us
https://t.co/U7nmCEJ9NS
There’s no stop loss too far for price to reach.
I hope you know that ?
I’ve seen traders with extremely wide stop losses get stopped out far more consistently than traders whose stop losses are placed at proper invalidation levels.
One thing I’ve learned on my journey to profitability is this:
If your trade idea aligns with the market’s intentions, you’ll have little to no fear about where your stop loss is placed.
Why?
Because the market has no reason to revisit the highs or lows that invalidate your setup.
A stop loss isn’t there to “give price room.”
It’s there to tell you when you’re wrong.
Check all my trades for proof.
I don’t think I need to educate you further.
GM & I’m wishing you a profitable week ahead💜
Losses are part of trading, However, continuing to repeat the same mistakes and expecting different results is not a strategy.
If something isn’t working, adapt, refine, and improve, Stop trying to replicate failure.
Most of your trading psychology issues are simply the result of consistent losses and unnecessary Pressure.
And consistent losses usually come from one thing: a lack of skill or a gap in knowledge🥂
If you’re losing 8 - 9 trades out of every 10, forget about psychology for a moment and go back to the drawing board.
➡️ Learn how to analyze properly
➡️ Refine your edge
➡️ study what works and repeat
➡️ Remove what doesn’t
A trader with no technical edge will eventually blow an account even with perfect risk management.
Your psychology improves when your competence improves.
GM, future billionaires
ForeverINprofit🥂