Hey guys , I’m going to give you the blueprint to getting positive forex results .
A lot of people think forex is a get rich quick deal but it isn’t , But you will be able to get the fastest results and make money by following these directions
1. So your new to forex and you find good material on a winning trading strategy to study , conflagrations on the start of the journey!
2 . You have to watch the forex course over and over and take notes on each video ! As doing so you should apply everything you learn to trading view! The more your on trading view marking up your charts the better you understand technical analysis and market movements!
3. You should be constantly demoing and paper trading to get the fill of being in trades and closing profits/losses
Yes I said loses every trader takes losses , but the objective is to have higher win rate than loses .
4. Being consistently profitable. Once you are seeing profits consistently on demo you should make a small investment and go live ! (REAL MONEY )
5. Staying learning and trading consistently,
And raising your lot sizes as you compound your account.
By doing this you’ll see a level up over time !
Remember it’s not over night it’s over time and you have to be consistent with your work !
How important is it to invest in your self ?
One should always invest in them selves
Rather it’s in
You should always stay investing in yourself working on bettering yourself each day,week,month,year
Make the best out of everything you have and improve !
How important is chart time ?
being on the charts and having hours of experience on the chart of very important and plays a big role in your trading
If your not putting in chart time ,back testing, demoing etc you’ll have troubles when trading live (real money )
Trading is like a sport
Chart time is like practice
If you miss practice on game day it will show !!
Now go get on the charts ‼️‼️
When you first start trading you should trade SMALL Don’t worry about the money /profits
You should be sticking to risk management 100% or demoing while learning the markets & gaining confidence.
Most new traders don’t make it far because they lose a lot of there money (not knowing what there doing ) and lose confidence and passion for trading over time .
But if you learn the markets first and and follow all rules YOU WILL SUCCEED!
If most traders would learn to sit on their hands 50% of the time they would make more money
When closing a trade a trader should only close in these 4 ways .
1 big profits
2 small profits
3 break even
4 small lose
By ending in one of these you can never go wrong when trading
As predicted in the previous post , bit doing takes a MAJOR push up . 💰💰💰💰💰