In this article, I want to show you exactly how I am planning to achieve more in 12 weeks than others achieve in 12 months.
First of all, I’m not saying that I’m an expert on goal setting, because I’m not. I’m just sharing the planning process that works for me, it might be completely different for you.
The Most Important Thing For Me In My Planning Process...
As with all great trades, we require a trading plan. This is a perfect example of how to analyse, execute and manage your trade. See linked chart for the initial trade idea.
See below for a step by step guide on how we entered this trade and what we looked for.
Goodluck and trade safe!
Remember guys a trader doesn’t predict the future, a trader reacts to the market following a strategy.
A winning strategy is to outline all the possibilities and have a plan for each of them!!! Always have a strategy and a plan before entering any position in the market!
A profitable trade that doesn’t follow your plan can’t be considered a good trade, by contrast...
☝🏻The basis of any action on the market is a well-designed trading plan (TP).
👉🏻The basic rule is never trade without a plan, and when you have done TP, never break it.
Work without a plan leads to randomness and spontaneity of actions subject to emotions.🙅🏻♀️
❗❗Before opening a position, you must determined :❗❗
📌position opening price
it is worth looking at the psychological problem that appears during this tough time and that´s:
"Trade what you see, not what you think"
Many traders forget about their trading plan and try to change the rules to adapt to the current situation.
The problem is, that nobody knows, what will happen tomorrow, in a week or month. Markets...
I am glad I (re-) found out retail traders have a losing edge, now I don't have to pretend I care about news / fundamentals moving the market like there is a secret :D
Only really important thing is getting the trend right and looking on the economic calendar at the days with a red circle next to them (unless you want a 3 ATR slippage).
Trading is cool (not...
Gold rebounce at my TL
it show hope of bullish still alive.
This only my idea . It is so Risk .
I am not recommend to trade.
I only use this for my trade plan.
This idea must prepare high drawdrown.
and everthing can occure in #NFP
PS: for whom ask me about direction in my opinion.
Creating your own Trading Strategy!!
Below is a quick run down of things to think about when creating your own trading strategy
1. How much time during the day do you have to devote to trading?
2. How much money do you need to live on...
The phenomenal Successful Trading Plan 103/04
3. Trade Preparation
By concentrating on getting ready, the exchanging plans for the higher time allotments, the cash administration will dependably keep the proportion altogether. Trade proportion is the quantity of pips one may make versus the quantity for which one has a...
Introduction to Trader Psychology
There is evidence of technical analysis dating back to the 17th century. The candlestick charts most of use everyday to trade were created in the 18th century by a Japanese rice trader. By this point one would think technical analysis should result in more profitable traders and lead atleast a quarter of price technicians to a...
I used to bitch, and moan about not having enough time to do certain things in my life. I might be a slow fucker at times, but finally, a while back, I figured it all out.
We all have the exact same amount of time. The people that succeed in life, the people that reach their dreams and goals,and the people that don't succeed.
Time might be the only thing in this...