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Remember that losing is as much a part of trading as winning. But if you are haunted by a series of losses, then you should ask yourself some important questions:
⠀
💣 Do you make classic mistakes?
⠀
It is no secret that 90% of traders don't survive in the first months of trading. And many of them are sure that they will definitely not make typical mistakes. But this isn't so! Analyze your trading and see if you are a victim of a classic mistake.
⠀
💣 Is there a trading system?
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How do you choose your deals? Do you trade the first currency pair that catches your eye? Do you choose the most colorful indicator and buy / sell by its signals?
⠀
Work without vehicle = poke a finger at the sky. A trading system helps to become consistently profitable. If you don't know how to create it, start with a simple definition of the input and output parameters.
⠀
💣 Use risk management?
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Does your average position size fit the acceptable risk? What daily loss can you sustain with leverage and margin levels? Do you track your expected trading time?
⠀
Forex trading is a number game, and those who know how to calculate odds will survive the longest.
⠀
💣 Do you have a trade journal?
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Keeping your trading in mind will help you avoid old mistakes, improve your current situation and focus on future plans.
⠀
💣 What questions are you asking yourself when you are not getting profit?
⠀
| 2 | بدون متن... | 1 |
| 3 | Today Economic Calendar GMT | 1 |
| 4 | بدون متن... | 1 |
| 5 | بدون متن... | 1 |
| 6 | Learn what are Non-farm Payrolls | 1 |
| 7 | https://www.youtube.com/watch?v=nQWrK2IGqE0 | 1 |
| 8 | Non-Farm Employment Change is the actual change in the number of employed people in USA, during the previous month, including the governmental employments, but excluding the farming industry. That is why it is a strong and important news and it shows a very strong impact on the currency market.
”Non-Farm Employment Change” is important for Forex traders, because it makes the market move, and so, Forex traders can take the advantage of the movements to make some money.
Employment is a very important factor reflecting the situation of the economy of a country.
When the number of employed people in a country goes up, it means the economy and industries are doing good and people get hired by the government
and private companies. It means the economy will grow and the country will have a good future. Therefore, people of such a country, as well as the people of the other countries will show more tendency to invest in the country, because they believe their investments will be ended to profit.
To invest in this country, they will have to buy the currency of the country against the other currencies, and so, the value of the currency of the country will go up, because any commodity which is bought more against the other commodities will become more expensive.
When the number of employed people in a country goes down, people of that country and also the other countries will show less tendency to invest in the country, and those who have already invested will get out of the markets. For example, if they have bought properties in that country, they will think that as the economy of the country is not doing good anymore, the price of their properties will go down and they will lose money.
Therefore, they will sell their properties and take their money out of that country. Many of them will sell the money against the other currencies because they want to invest their money in the other countries that are doing good. Selling a commodity against the other commodities will cause the price of that commodity to go down. Therefore, if the employment of a country goes down, usually the value of its currency will go down too. | 1 |
| 9 | بدون متن... | 1 |
| 10 | Today Economic Calendar GMT
High volatility expected on CAD and USD pairs
Medium volatility expected on EUR pairs | 1 |
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| 14 | ✔️ USDCAD VIP Signal Today Hit TP3💥💥🎯➕215 PIPS 💵🔥 😎😎 close half order and move SL to break-even if u r conservative trader or u have small account 👌 | 1 |
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| 17 | Today Economic Calendar GMT
High volatility expected on EUR and USD pairs
Medium volatility expected on GBP and CAD pairs | 1 |
| 18 | ✔️ EURUSD VIP Signal Today Hit TP4💥💥🎯➕275 PIPS 💵🔥 😎😎 | 1 |
| 19 | ✔️ EURUSD VIP Signal Today Hit TP4💥💥🎯➕275 PIPS 💵🔥 😎😎 | 1 |
| 20 | ✔️ GBPUSD VIP Signal Today Hit TP3💥💥🎯➕215 PIPS 💵🔥 😎😎 | 1 |
