It makes great that my education is paving way for REAL right away. There has not been a losing trade so far but this does not mean i should take things for granted and you rightly know. Nonetheless, it is very much possible to have it this way thus keep following and you will learn a lot a promise . See screen shot below for result so far REALLY EXCITED ...............................
As you can see in the up image this is interesting but should be taken seriously because trading is not easy a business but calls for great attention seriousness this is still demo as I will be switching to REAL , I will still keep updating you as well . Till next post, let me leave you with these great insight again
the traits of successful traders
1. CONFIDENCE - really know what you are doing only then can you be confident and stand the test of time .
2. FOCUS - only look for that which is your style , stop jumping from one style to another. There is a trading style for U, stand by it until successful.
3.PATIENCE - always wait for your signal, remember , remember , remember and remember NO SIGNAL , NO TRADE , inscribe this in the tablet of your heart NO SIGNAL, NO TRADE.
Before Going LIVE - Today's Result
After real education, you too can make consistent trades and % in the market if you really know what you are doing , show below I am encouraged but not excited because this is not LIVE account though......
that is it for now
that is it for now
5 Rules to Profit Constantly
Now, I know you have heard this a hundred times... 95% off ALL
traders lose their hard earned money! Why is that?
Two main reasons…
REASON #1: Not everyone can be a trader (lawyer, doctor, etc.)
REASON #2: 95% of those who have learned and manage
to survive will eventually fail to perform on one of the following:
1. Risk & Money Management - set definite risk parameters!
Too many traders do not apply money management
techniques. Money management is imperative and should
be written into any plan. Before you enter into a trade, determine
how much of a loss you are willing to accept.
2. Diversification – rather than expose your entire trading
account to a position in one currency pair, take smaller positions
in several currencies. Concentrate and focus on a few selected
pairs and completely master them, this is what the pros do!
3. Over-trading – over-trading is dangerous, and often stems from
lack of planning. Many people are surprised to learn that some
of the most successful traders actually trade relatively infrequently.
4. Don't allow your position to control you - remain in control
of the situation and yourself. It is a mistake to find yourself
in a position lager than you can reasonably handle. When
this occurs you will find that it clouds the situation and affects
your judgment.
5. Taking small profits and letting losses run – many traders break
a cardinal rule: "Cut losses short. Let profits run." The basic
failing of most traders is that they put a limit on their profits and
fail to limit their losses.
It sounds simple, but it takes discipline to trade correctly
and over a long period of time it is hard to control emotions
and stick to defined plan, whether you’re losing or winning.
Successful Trades Coming UP
I think after many failing trades I came up with a strategy so simple that I am using to make a killing gradually and I think if i continue with it this way I can build up a career with it. See below today's trades
You will see there is no losing trade at all but many things went into it before getting there lol.In my next post will try detailing that need to go now really tired after a stressful day thanks .
Till next time let me help you with this banner below
HOW TO MAKE PROFITS CONSISTENTLY TRADING
See the result of POOR MONEY MANAGEMENT
Please abide with whatever rules you are trading with otherwise you will burn your finger in no time.
1. If there is no signal from your chart , don't trade
2. Always ensure a proper money management
3. Always be focus and patient for your trade to arrive
4. Don't over trade after seeing series of winners
5. Practice the more and get educated to join the winning traders
see below the result of poor money management despite a great strategy in place
I started today with this
my balance in demo account today but see with poor money management , what i ended with ........
1. If there is no signal from your chart , don't trade
2. Always ensure a proper money management
3. Always be focus and patient for your trade to arrive
4. Don't over trade after seeing series of winners
5. Practice the more and get educated to join the winning traders
see below the result of poor money management despite a great strategy in place
I started today with this
my balance in demo account today but see with poor money management , what i ended with ........
there is a lot to trading than just placing trades thus equip yourself first
see U
CANDLESTICK PATTERNS - If You Want To Join The Winning FEW In The Market ....
If indeed you know you must take your trading career to the next level, candlestick trading is the way to go. I have burnt my account several times. I have been frustrated several times not until i realized that the ultimate to trading success in the market is candlesticks my trading never see the order of the day. I am still demo trading but gaining lots more with my lesson that I know once i start with live accounts there will surely be improvement within short a time. If truly you know you want to really join the few elite traders that consistently take their share in the market, then you really must learn about simple candlestick patterns like
engulfing pattern
doji
pin bar
and many more. I will post my trading updates here in order to convince the doubting Thomas that you really don't need all the indicators that are being marketed all over the web. Start equipping yourself about trading education as real potentials are always available in the market.
Till then, always remain
the market ever student......
engulfing pattern
doji
pin bar
and many more. I will post my trading updates here in order to convince the doubting Thomas that you really don't need all the indicators that are being marketed all over the web. Start equipping yourself about trading education as real potentials are always available in the market.
Till then, always remain
the market ever student......
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