Hi all, @FollowMyForex here with a new trade signal that just triggered.
After patiently waiting for almost exactly a month, we have a new trade setup. That's right, our last trade was exactly 1 month ago! How many people can say that they have the patience and trust in their system to sit out a month of no trades before waiting for the perfect next setup?! We don't say this to brag, but to emphasize how important it is to be aligned with your system and remove any and all emotion from trading.
During this month there were thousands of people who lost entire accounts. More people who ended negative, and maybe a few who ended slightly positive. But do you want mediocre results like that just to trade more often? We've long since made that choice - no! We'd rather sit on our hand and wait for an A+ setup rather than take mediocre trades that just end up eating into our year's a profits. We still have all the profits we had a month ago and that is vital to remember!
Having waited this long is another thing I love about our trend following system... if the markets aren't trending, we don't get false signals!
A lot of pairs are starting to set up right now so it looks like there will be more action in the weeks ahead.
Safe trading!
After patiently waiting for almost exactly a month, we have a new trade setup. That's right, our last trade was exactly 1 month ago! How many people can say that they have the patience and trust in their system to sit out a month of no trades before waiting for the perfect next setup?! We don't say this to brag, but to emphasize how important it is to be aligned with your system and remove any and all emotion from trading.
During this month there were thousands of people who lost entire accounts. More people who ended negative, and maybe a few who ended slightly positive. But do you want mediocre results like that just to trade more often? We've long since made that choice - no! We'd rather sit on our hand and wait for an A+ setup rather than take mediocre trades that just end up eating into our year's a profits. We still have all the profits we had a month ago and that is vital to remember!
Having waited this long is another thing I love about our trend following system... if the markets aren't trending, we don't get false signals!
A lot of pairs are starting to set up right now so it looks like there will be more action in the weeks ahead.
Safe trading!
Trade closed: target reached:
First target reached just a few hours later. Position now at break-even, riding out the rest for the big reward.
Trade closed: stop reached:
The last position was stopped out so we end this trade at breakeven. Great! Capital has been preserved and we're ready for the next one.
