- KSignals Master Trend Trading System
- The Best Indicator Combinations in Forex Trading | Winners
- Forex: Should You Be Trading Trend Or Range? - Investopedia
- FX Trading Revolution | Your Free Independent Forex Source
just woke up here and this is the first thing I read. what a great boost to my day granted its friday..but some excellent points for a lifetime in trading
KSignals Master Trend Trading System
8) MAKE SURE YOU CAN SLEEP AT NIGHT, because if you are having trouble sleeping due to your trading, it means you’ve risked too much. Don’t take a position size that you know is too big, because then you almost certainly will be too emotionally involved with the trade which will result you in not sleeping and becoming even more emotional. Not to mention, your frazzled and obnoxious existence from risking too much will probably make your wife or roommates want to kill you or send you to the loony bin.
The Best Indicator Combinations in Forex Trading | Winners
• Aim for a target before you place the trade – Yes, that’s correct you should already have a target in mind before you enter a trade, and it’s best to pre-define your exit before you enter. Exiting is not an exact science, and there are times when deviating from your initial exit plan makes sense, but you should always decide before you enter a trade what your ideal exit strategy is and then try to stick to that plan as much as possible. Don’t change your exit strategy once your trade is live just because you “think” the trade is going to charge on in your favor forever, only change it if you have a very obvious price action-based reason to do so.
Forex: Should You Be Trading Trend Or Range? - Investopedia
Nial, Your ability to get to the 8775 meat 8776 of the subject makes me a subscriber and a believer in your course.
I especially love # 6 and # 9. Your comments avoids the fluff and tells us what we need to hear to be successful AND profitable traders.
Many Thanks, PawPawRu.
LIVE IN THE MOMENT, LIVE IN THE TRUTH, BE TRUE TO YOURSELF AND YOUR LOVED ONES.
FX Trading Revolution | Your Free Independent Forex Source
8) MAKE A DIARY OF YOUR TRADES to keep a written on-going track record of your progress. I cannot tell you guys with enough emphasis how important your trading journal track-record is, except to say that if you don’t keep a trading journal or at least regularly analyze your trading history and equity curve, you are extremely unlikely to ever make consistent money in the markets.
For example, say you choose to learn the pin bar setup first, the best way to learn this setup is to trade it from key levels within the structure of a trending market, do that first, and make sure you are consistently profitable for 8 months or more trading only that strategy before moving on.
Hi Nial thank you. you are my trading mentor. Thank you so much for all efforts in teaching truth about good solid trading.
I notice there are replies from the women traders. I 8767 d be concerned Nial why do you only attract the men ha ha!!
The Best Part Was buy freedom from your job lol
I 8767 ve been trading Forex for 7 years now I FOUND MY SELF :) in your amazing article