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 easily‌‌

👉Make Each Day Count✅✅
👉VIP Premium Service ✅✅
👉Account Management✅✅
     For more info 👇
          @Karenwilsonfx

Today Economic Calendar GMT
High volatility expected on GBP pairs
Medium volatility expected on USD pairs

You might have experienced the markets going against your trade and then suddenly you’re praying to your trading gods that price would turn 🙏🏽
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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 you’ve “learned” from the last time you closed a losing trade and opt to “wait it out” until your account cries uncle.
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If the scenario above sounds familiar to you, don’t worry. The problem is much more common than you think...
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It also tells us one important thing:
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🗣Your risk exposure is bigger than your risk tolerance.
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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.
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The problem with this habit is that you could be unintentionally sabotaging your trade by exposing yourself to more risk than you can handle.
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There are dozens of factors affecting risk exposure, but let’s concentrate on three that we can easily control:
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🧨 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.
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If you trade big position sizes, then you’re more likely to worry about making a dent on your account than how you’re executing your trading plan.
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Your position size per trade should reflect your confidence, either in yourself or in your trade idea. Choose a size that’s big enough to matter, but small enough so that you won’t mind if it ends up as a loss.
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If you’re not too sure about your trade idea or if you’re already dealing with a lot of trading psychology issues, then it’s best to start small and work your way up.
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🧨 Holding period
A trader–let’s call him Jack–once told me that a long-term trade is just another term for a short-term trade that’s 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.
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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.
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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 you’ll subject your open position to more catalysts than you’ve prepared for, making you more vulnerable to making emotional decisions and classic trading mistakes.
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🧨 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.
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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.
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Remember that stop loss is your friend. It tells you when you’re wrong and, since you’ll be wrong often, it’s better that you get used to having a proverbial canary in a coal mine.

❇️ 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??

  ◀️ 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 ℹ️ 👇

@Karenwilsonfx

❌KILL THAT PROCRASTINATION❌

👉...I will
👉...Tomorrow
👉...Later
💭...Let me think about it
👉...I'll get back to you
🕠...I don't have time for now

Which of the above statements have kept you from starting and achieving your goals?
🌲Money is a seed. Don't eat all your seeds. plant some seeds and achieve greatness in your life financially

👉Make Each Day Count✅✅
👉VIP Premium Service ✅✅
👉Account Management✅✅

For more info 👇
https://t.me/KarenWilsonfx💡

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.‌‌

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

Today Economic Calendar GMT

Forex Signals wishing great profitable Week for all Traders
Good Luck ✌️

To successfully trade you actually need a good trading psychology and a good money management.

The sooner you know that the sooner you will stop the endless hunt for strategies and just develop what fits you from the knowledge you have or accumulated knowledge you have from other people's strategies and then make your own personalized trading plan so you can follow it without feelings. And over the time maybe improve it.

And you will start focusing on improving your Trading Psychology and Money management so you actually successfully grow accounts and not burn them by your own trading psychology mistakes and poor money management. since no strategy in the world no matter how good you think it is, as soon as a bad trading psychology is applied and bad money management is applied you wont successfully grow a trading account but just burn it eventually, sometimes many times. untill the market humbly reminds you that its a probabilistic environment and the market does not move because of your strategy. but some people think that the problem is their strategy or they did not understand the strategy well, it might be true but still after fixing your strategy mistakes make sure you fix your trading psychology mistakes and money management mistakes. Just as how you remind yourself of all the confluences a trade has according to the strategy you are using also remind yourself of trading psychology facts before taking the trade and use proper money management to protect your equity at all times.

I hope you start focusing on Successfully trading with any strategy you want, like, prefer, understand better, mix whatever you want and personalize it and make your own trading plan of it and follow it with good money management and good trading psychology ..