PIRATES 4X TEAM FOREX SIGNALS

⚠️Instructions: how to use the signals: ❕The signals have all the values you need. I don't share takeprofits, but I don't forbid you to do so either. 🔸Buy/Long - entry point, at a specified price to open an order 🔸StopLoss - I do not allow trading without it! It is mandatory to use it! This will secure your trade in case the market turns against us! 🔸TakeProfit - the average potential of 2 to 1, to 5 to 1. ❕Risks: You don't need to ask me what lot you should use. You need to use risk to trade. All professional traders first of all calculate their daily, weekly and monthly risks, and then they start to build a trading strategy. Constructive daily risks: from 1% to 5% of your deposit. That is, if your deposit = 1000%, then you have the right to spend per day no more than 10-50$. From figure in 10-50$ you already start, how many transactions you can open. If you have an average of 2 deals per day, then you can divide your risk in half and get each deal a different risk for the day. As for the lot volume and lot price: this information should be checked with your broker. Because each broker sets his own lot price (especially for futures) ❗️Take Profit and Take Profit trading strategies. You can close half of an order or the whole order if: 🔸TakeProfit in the moment (your profit) is equal to a stop loss (risk 1 to 1) 🔸You have decided that enough is enough for you 🔸The price reached a strong level (for experienced traders) 📍If you close half of your order, you are still at breakeven, that is, if the price turns around and hits your stop-loss, then you will not lose anything in such a trade. 📍You can also move the stop loss to breakeven (to the entry point) only after you have closed half of the order. (In this case the chance is higher that the price will hit your stop-loss, but you will still be in profit (which you took with half of the order).

Five simple tips for becoming a successful trader 📊 Learn: Gain knowledge about financial markets and trading strategies through books, courses, and reliable sources. Manage Risk: Develop a risk management plan, including setting limits on losses and position sizes. Use stop-loss orders and maintain proper risk-reward ratios. Stay Disciplined: Stick to your trading plan and avoid impulsive decisions driven by emotions like fear or greed. Analyze and Adapt: Regularly analyze market conditions, chart patterns, and indicators to identify trading opportunities. Refine your strategy based on market changes and your own performance. Be Patient and Consistent: Stay patient and avoid chasing quick profits. Be consistent in executing your strategy and remain committed to your long-term goals. Remember, simplicity doesn't guarantee success in trading, but these basic principles can provide a solid foundation for your trading journey. 📩

Good Friday Holiday Focus: Education 🌟 Today, as we observe the Good Friday holiday, I'm dedicating my time to focus solely on education and knowledge sharing! 📚💡 Let's make the most of this day by delving deep into trading strategies, risk management techniques, and market analysis. Remember, continuous learning is the key to success in the trading world! 💪

Are you guys ready for the signal of the day?

GOOD MORNING TRADERS! 😎 Good morning champions of consistency! May your day unfold seamlessly, much like your unwavering dedication to excellence. 📊 📌DONT FORGET TO UNMUTED & PINNED MY CHANNEL

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