You should practice

How should you break and get out of a cycle of failure?
You need to practice so much about a specific part to create a new habit. Many people think that trading is easy, so they are depositing their money into an account and wanting to make a lot of money by gambling. Don't do it.

Practicing does not just mean time. Take note and write for yourself what works and what it doesn't work. All people spend time and time, but 5 % fail.
You will be different and go beyond to make your own change. Work more scientific. Check each part of your transactions, identify its strengths, and write down how you could make that transaction better. Do this continuously. You who finally take the time, so work to work so much.
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Today Economic Calendar GMT
High volatility expected on USD pairs

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@KarenWilsonfx

The first table shows the calculation of the required collateral and deposit change for leverages with a classic lot of 100,000 USD.
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Suppose that we are ready to start trading with a deposit of 1000 USD, with an acceptable risk per trade of 1% to the balance and an acceptable position drawdown of 1% with maximum portfolio diversification 🙌🏽
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Now we will calculate the maximum size of positions that we can open and the risk per trade, subject to the above rules.
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In the table above, we see that with such risk management requirements, the optimal leverage on Forex is 100:1, since in this case we will be able to open 100 positions at once that meet our risk management rule, or several positions with a minimum risk.
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From this example, it is obvious that for trading with a lower leverage, you need to increase your deposit so that you can actively trade with the required level of diversification.
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You may say that this is a contradiction 😳 How does trading with a large leverage reduce risks? In fact, there is no contradiction. Liquidation risks do go down with higher leverage, provided that trading volumes remain the same.
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All the disadvantages high leverage we told of above relate to the psychology of a trader and violation of money management rules, which is why it is so important to work on your trading strategy and discipline in trading.
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Then the high leverage will not be a problem and will not lead to losing the deposit.

✔️ GBPNZD VIP Signal  Today Hit TP1💥💥🎯➕45 PIPS 💵🔥 😎😎                                                                                                                        close half order and move SL to break-even if u r conservative trader or u have small account 👌

Trust to "Capital Management". "
Fear losing capital "causes you to increase the risk after losses to make up for it. But be careful with proper management and a calculator, it is virtually difficult to fail. Let's again do a set of calculations. Assuming being A $ 500 account if you take a 2 % risks in each transaction to lose all your transactions. Eat the $ 590 deal, so don't make your stopp.

🥇 Forex Signals 🥇

📆 Signal Published ::::::: 27/1/2025

✅ Symbol ::::::: EURAUD

📈SELL AREA ➡️ 1.6726

💠 Take Profit 1 : 1.6690
💠 Take Profit 2 : 1.6635
💠 Take Profit 3 : 1.6555
💠 Take Profit 4 : 1.6475

✖️Stop Loss ➡️ 1.6786 (60 PIPS)
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🏆Forex Signals 🏆

EURAUD