May we all received the courage to hold our trade!
Because it’s very rewarding!
Very soon, I’ll be counted among the 5% but bruh, the journey is not easy at all. The emotional part of Forex trading is often times neglected and it is the most important aspect of forex trading.
I was spending 18 hours on the chart daily for over a period of one year with plenty of eye drops
YouTubers keep dishing out gabs because they want more subscribers, likes and increased viewing.
The honest truth is- No successful forex trader will post more than 1 video in a year! What are you teaching ?
Time is very important in forex trading.
Back test your strategy with reference to time, if possible, use a stop watch! Price regains its momentum with time. Momentum is the motion of an object, measured as a product of mass and it’s velocity. Velocity is the rate of change of displacement with time d/t. When price is taking too long its often times doing that to regain momentum and change to the opposite direction.. Price actions only take place during consolidation and this is when traders are able to read the market and most Traders hate consolidation phase
If you must use any indicator, learn how to use the moving averages, all indicators are derived from the moving averages but they only tell you something is likely to happen but only confirm its occurrence by using price action i.e candlesticks.
Good Luck!
Because it’s very rewarding!
Very soon, I’ll be counted among the 5% but bruh, the journey is not easy at all. The emotional part of Forex trading is often times neglected and it is the most important aspect of forex trading.
I was spending 18 hours on the chart daily for over a period of one year with plenty of eye drops
YouTubers keep dishing out gabs because they want more subscribers, likes and increased viewing.
The honest truth is- No successful forex trader will post more than 1 video in a year! What are you teaching ?
Time is very important in forex trading.
Back test your strategy with reference to time, if possible, use a stop watch! Price regains its momentum with time. Momentum is the motion of an object, measured as a product of mass and it’s velocity. Velocity is the rate of change of displacement with time d/t. When price is taking too long its often times doing that to regain momentum and change to the opposite direction.. Price actions only take place during consolidation and this is when traders are able to read the market and most Traders hate consolidation phase
If you must use any indicator, learn how to use the moving averages, all indicators are derived from the moving averages but they only tell you something is likely to happen but only confirm its occurrence by using price action i.e candlesticks.
Good Luck!
My telegram: https://t.me/avidforex
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