Update on NZDUSD the truth of FOREX

I keep it short and simple to understand how to lose but winning. Firstly in this scenario that this is a good trade even I lose the trade, where most of the beginner's trader that have no experience in the trading world would understand. 1 of the reason is that I trade with reasons which are the price hit the resistance level at 0.62840 and target to short because of the historical point of the resistance trendline that how the price reacts to it. After that, one to note is that the risk to reward ratio how small is my stop loss and how big is my take profit make the trade super powerful in a long term journey of trading. Hope you learn something. THE REALITY! Welcome to the trading world, all the best to you guys.

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Priority:
1. Stop loss must smaller than your take profit.
2. Must at least 2 reasons why you enter the trade.
3. Trade and Forget.
Psychology:
1. Not all setup is valid, its fact.
2. Trading is predicting the market.
3. The only way to win in Forex is by controlling your lot size and your risk to reward ratio.
4. Sometimes when the price hit your stop loss but you still follow your SYSTEM, its still a good trade. READ IT AGAIN!
Money Management:
1. Lot size:
Acc 100 USD : 0.01 lot
Acc 1000 USD : 0.1 lot
Acc 10,000 USD : 1.0 lot
Acc 100,000 USD : 10.0 lot
Acc 1,000,000 USD : 100.0 lot
2. Risk of an account max is 1%-3% from the capital in your current running trades.