The B-journey is another term I use for “the beginning of your journey”
Knowing how to read price behaviour removes the ambiguity of whether your indicator or system that you are using is good or not.
Only you can make the indicator you’re using work by only one thing.Simply put in the chartwork yourself.Nothing ever works if you don’t.
Do not sell lows and buy highs.Many traders tend to do this without even noticing and its caused by the fear of taking a trade and what we call FOMO(Fear Of Missing Out).Sometimes when you see a trade trigger, you wait a little while to see if the price is indeed going in your direction before taking the trade because you’re either not certain of your trade,you don’t trust your analysis or you are safeguarding your precious money.Don’t do that.
You either trade or you don’t.
Mentors can teach people how to trade but no one can teach you self control of your own emotions.Only you have to learn how to control that.YOU.
As I once written in one of my blogs,when you ought to take a trade there must be a list of questions that you have to answer before taking a trade.This now adds to drafting your own trading plan.
A trading Plan isn’t something you copy from someone and paste it.
It’s not a template but I’ll tell you what it really is.A trading plan is drafted in the process of figuring what type of trader you are by practically trading.It’s basically trial and error because you will see that before you actually learn what type of trader you are,there will be constant blowing of accounts and making losses and sometimes making income here and there but it’s noticing the amount of losses as opposed to wins each year that will tell you that no man…this isn’t my category.That’s actually how you find out on which category you fall in in this industry.
Now don’t get me wrong.There are traders out there that sync in with the type they have settled for on their first try and this is because those people actually landed on the mark of their industrial self or they can just adapt like that.It’s possible.
In conclusion I just wanna say to you guys its not about the destination in this industry.It’s about the journey so embrace your losses as much as you do with your wins, for your losses actually teach a lesson.
My recommendations:
To open a forex brokerage account; I recommend RCG Markets for various trading instruments to choose from: Currency pairs, Shares, Metals, Energy Carriers, Indices.
This broker also has flexible leverage depending on your trading trajectory.
To open an account: https://portal.rcgmarkets.com/register?ibid=852167
Before concluding; I’d like to also tell you some great news. There is a challenge happening at AUDACITY CAPITAL for forex traders worldwide. AUDACITY CAPITAL is funding forex traders who show potential in forex trading through their programme called the Ability Challenge.
Click the link below to register for the challenge and please; do come back and comment in this blog on your experience of the challenge.
https://ability.capital?ref=motlotlgimoerane
You already know what to do; please show me some love. Like and comment in the comment section.
This is from me to you and everyone else
Peace.
EverythingTrading 