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βοΈ GBPNZD VIP Signal Today Hit TP2π₯π₯π―β128 PIPS π΅π₯ ππ
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βοΈ GOLD Trail VIP Signal Today Hit TP1π₯π₯π―β60 PIPS π΅π₯ ππ
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My goal is not to harm you
And you do not fail
First of all, I don't have the ability to do this for myself
Second, losing and failing is the same issue of the path
Everyone experiences it, one for 1 year, one for a few years, it's different for everyone
But everyone experiences
If I'm writing about what I experienced, it's not because you won't experience it anymore
The reason is to know that you are not alone
You were not the only one in this situation
So that at least the mental pressure of the journey will be reduced for you
Don't be selfish and reject the sense of emptiness that comes to most of us more easilyββ
πMake Each Day Countβ β
πVIP Premium Service β β
πAccount Managementβ β
For more info π
@Karenwilsonfx
And you do not fail
First of all, I don't have the ability to do this for myself
Second, losing and failing is the same issue of the path
Everyone experiences it, one for 1 year, one for a few years, it's different for everyone
But everyone experiences
If I'm writing about what I experienced, it's not because you won't experience it anymore
The reason is to know that you are not alone
You were not the only one in this situation
So that at least the mental pressure of the journey will be reduced for you
Don't be selfish and reject the sense of emptiness that comes to most of us more easilyββ
πMake Each Day Countβ β
πVIP Premium Service β β
πAccount Managementβ β
For more info π
@Karenwilsonfx
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βοΈToday Profits of our Account Management Service
πClosed tradesπ
πForex Signals Team π
πClosed tradesπ
πForex Signals Team π
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You might have experienced the markets going against your trade and then suddenly youβre praying to your trading gods that price would turn ππ½
β
Then, when you (or your account) have reached your pain threshold, you either end up closing at the top or bottom or you decide that youβve βlearnedβ from the last time you closed a losing trade and opt to βwait it outβ until your account cries uncle.
β
If the scenario above sounds familiar to you, donβt worry. The problem is much more common than you think...
β
It also tells us one important thing:
β
π£Your risk exposure is bigger than your risk tolerance.
β
A lot of traders spend most of their time finding out what to trade and where to enter, but only give a passing thought to the amount that they risk and when and where to exit a trade.
β
The problem with this habit is that you could be unintentionally sabotaging your trade by exposing yourself to more risk than you can handle.
β
There are dozens of factors affecting risk exposure, but letβs concentrate on three that we can easily control:
β
𧨠Position size
Large position sizes lead to large volatility in your profit/loss statement. A single pip movement would mean more to a bigger position than a smaller one.
β
If you trade big position sizes, then youβre more likely to worry about making a dent on your account than how youβre executing your trading plan.
β
Your position size per trade should reflect your confidence, either in yourself or in your trade idea. Choose a size thatβs big enough to matter, but small enough so that you wonβt mind if it ends up as a loss.
β
If youβre not too sure about your trade idea or if youβre already dealing with a lot of trading psychology issues, then itβs best to start small and work your way up.
β
𧨠Holding period
A traderβletβs call him Jackβonce told me that a long-term trade is just another term for a short-term trade thatβs currently in the red. Not surprisingly, Jack is no longer trading. See, the longer you hold on to your trade, the more volatility it gets exposed to.
β
Remember that a longer holding period is equivalent to an increased position size, as it exposes a trade to a wider range of possible price movements.
β
Set a time limit for your trades and be firm with your schedule. When you hold on to a trade for longer than you initially planned, then youβll subject your open position to more catalysts than youβve prepared for, making you more vulnerable to making emotional decisions and classic trading mistakes.
β
𧨠Stop loss
Some traders make up for trading large position sizes by placing tight stops. Others tend to adjust their initial stops, use wide stops, or ignore the idea of stop losses altogether.
β
The first scenario exposes your account to death by a thousand cuts, while the second strategy makes your account vulnerable to a small number of trades that could wipe out your profits.
β
Remember that stop loss is your friend. It tells you when youβre wrong and, since youβll be wrong often, itβs better that you get used to having a proverbial canary in a coal mine.
β
Then, when you (or your account) have reached your pain threshold, you either end up closing at the top or bottom or you decide that youβve βlearnedβ from the last time you closed a losing trade and opt to βwait it outβ until your account cries uncle.
β
If the scenario above sounds familiar to you, donβt worry. The problem is much more common than you think...
β
It also tells us one important thing:
β
π£Your risk exposure is bigger than your risk tolerance.
β
A lot of traders spend most of their time finding out what to trade and where to enter, but only give a passing thought to the amount that they risk and when and where to exit a trade.
β
The problem with this habit is that you could be unintentionally sabotaging your trade by exposing yourself to more risk than you can handle.
β
There are dozens of factors affecting risk exposure, but letβs concentrate on three that we can easily control:
β
𧨠Position size
Large position sizes lead to large volatility in your profit/loss statement. A single pip movement would mean more to a bigger position than a smaller one.
β
If you trade big position sizes, then youβre more likely to worry about making a dent on your account than how youβre executing your trading plan.
β
Your position size per trade should reflect your confidence, either in yourself or in your trade idea. Choose a size thatβs big enough to matter, but small enough so that you wonβt mind if it ends up as a loss.
β
If youβre not too sure about your trade idea or if youβre already dealing with a lot of trading psychology issues, then itβs best to start small and work your way up.
β
𧨠Holding period
A traderβletβs call him Jackβonce told me that a long-term trade is just another term for a short-term trade thatβs currently in the red. Not surprisingly, Jack is no longer trading. See, the longer you hold on to your trade, the more volatility it gets exposed to.
β
Remember that a longer holding period is equivalent to an increased position size, as it exposes a trade to a wider range of possible price movements.
β
Set a time limit for your trades and be firm with your schedule. When you hold on to a trade for longer than you initially planned, then youβll subject your open position to more catalysts than youβve prepared for, making you more vulnerable to making emotional decisions and classic trading mistakes.
β
𧨠Stop loss
Some traders make up for trading large position sizes by placing tight stops. Others tend to adjust their initial stops, use wide stops, or ignore the idea of stop losses altogether.
β
The first scenario exposes your account to death by a thousand cuts, while the second strategy makes your account vulnerable to a small number of trades that could wipe out your profits.
β
Remember that stop loss is your friend. It tells you when youβre wrong and, since youβll be wrong often, itβs better that you get used to having a proverbial canary in a coal mine.
Forwarded from VIP premium
βοΈToday Profits of our Account Management Service
πClosed tradesπ
πForex Signals Team π
πClosed tradesπ
πForex Signals Team π
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βοΈ The distance between a profitable and a losing trader is as much as their expectations
That is, as much as the losing trader has unrealistic and unreasonable expectations, the profitable trader's effort and focus is to cope with and accept the facts.
Do you expect to profit every day?
How about every week?? How about every month??
Do you expect to be in shape every day and sweep the market so to speak??
Do you expect the market to be your favorite every day and give you an entry in the direction of your desired trend??
Or do you expect to have high win rate and high rewards together??
βοΈ Yes, now is the time for you to have a deep review of the expectations you have made for yourself in life and trading.. because the character of your habits and behaviors are reflected in the mirror of life and trading...
Contact admin for more information βΉοΈ π
@Karenwilsonfx
That is, as much as the losing trader has unrealistic and unreasonable expectations, the profitable trader's effort and focus is to cope with and accept the facts.
Do you expect to profit every day?
How about every week?? How about every month??
Do you expect to be in shape every day and sweep the market so to speak??
Do you expect the market to be your favorite every day and give you an entry in the direction of your desired trend??
Or do you expect to have high win rate and high rewards together??
βοΈ Yes, now is the time for you to have a deep review of the expectations you have made for yourself in life and trading.. because the character of your habits and behaviors are reflected in the mirror of life and trading...
Contact admin for more information βΉοΈ π
@Karenwilsonfx
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VIEW IN TELEGRAM
βKILL THAT PROCRASTINATIONβ
π...I will
π...Tomorrow
π...Later
π...Let me think about it
π...I'll get back to you
π ...I don't have time for now
Which of the above statements have kept you from starting and achieving your goals?
π²Money is a seed. Don't eat all your seeds. plant some seeds and achieve greatness in your life financially
πMake Each Day Countβ β
πVIP Premium Service β β
πAccount Managementβ β
For more info π
https://t.me/KarenWilsonfxπ‘
π...I will
π...Tomorrow
π...Later
π...Let me think about it
π...I'll get back to you
π ...I don't have time for now
Which of the above statements have kept you from starting and achieving your goals?
π²Money is a seed. Don't eat all your seeds. plant some seeds and achieve greatness in your life financially
πMake Each Day Countβ β
πVIP Premium Service β β
πAccount Managementβ β
For more info π
https://t.me/KarenWilsonfxπ‘
Forwarded from VIP premium
You are going to experience a day when, in the best possible case, you only question the strategy, and this doubt goes to questioning yourself, trading, etc.
It feels like a feeling of helplessness
What should I do wrong?
You feel you have to make a decision
Should I continue trading or not?
Is it my problem? Gore Baba Trid, we continue life with calm nerves
It's a heavy feeling, it might take you to the edge of mental collapse because you think you have to make a decision
You have to do something
Because you know there is a mistake somewhere in your card
To be honest, it is not the fault of the market, it is not the fault of the setup
It's your fault that you got stuck in this situation with a wrong action, which is not complying with capital management
You have to rest, don't worry for a while, until you are ready again
During this period, you should not delete the connection with the trade
Books, podcasts and ... helpers
All traders experience this
Some people give up and bear one of the biggest "ifs" of their lives.ββ
It feels like a feeling of helplessness
What should I do wrong?
You feel you have to make a decision
Should I continue trading or not?
Is it my problem? Gore Baba Trid, we continue life with calm nerves
It's a heavy feeling, it might take you to the edge of mental collapse because you think you have to make a decision
You have to do something
Because you know there is a mistake somewhere in your card
To be honest, it is not the fault of the market, it is not the fault of the setup
It's your fault that you got stuck in this situation with a wrong action, which is not complying with capital management
You have to rest, don't worry for a while, until you are ready again
During this period, you should not delete the connection with the trade
Books, podcasts and ... helpers
All traders experience this
Some people give up and bear one of the biggest "ifs" of their lives.ββ
Let's welcome all new members
Here you will find Account Management , Free VIP Signals , Educational materials for all trader levels, Fundamental Knowledge
Keep following to trade like the Bank
Good Luck
Here you will find Account Management , Free VIP Signals , Educational materials for all trader levels, Fundamental Knowledge
Keep following to trade like the Bank
Good Luck
Forex Signals wishing great profitable Week for all Traders
Good Luck βοΈ
Good Luck βοΈ
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https://www.fxstreet.com/news/forex-today-us-dollar-retreats-on-trumps-inauguration-day-202501200702
FXStreet
Forex Today: US Dollar retreats on Trump's Inauguration Day
Here is what you need to know on Monday, January 20: The US Dollar (USD) stays on the back foot to start the week as investors gear up for Donald Trump's second inauguration.