Wiz Fx
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ποΈ Motivation
What does Forex Trading mean?
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It's learning how to change your mindset, is the challenging aspect of becoming a great trader.
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Your trade and performance will be poorly evaluated, as a result, you won't have any concrete feedback to help you better if the information you record in your notebook is unclear.
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Carry on. Ignore the tears, sweat, and uncertainties. You are more capable than you realize.
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Throughout my financial career, I have continually witnessed examples of other people that I have known being ruined by a failure to respect risk. If you don't take a hard look at risk, it will take you."
Author of "The Rule"
Due to lack of patience, the majority of you exit winning trades to soon.
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How to manage your trading fear:edu
Avoid going all in
Control your risk.
Reduce the size of your position
Trade using a method that gives you an advantage.
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You can't wait for things to happen in life if you want to achieve anything.
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When trading, the "smart work" of picking the finest opportunity is reflected in the ex*****on.
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There are many benefits to using demo accounts.
Avoid taking advice from internet gurus who spread falsehoods.
Every prop firm puts you through a demo.
Every bank runs demo tests on new strategies.
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Treat trading like a business.
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No matter how successful you become, risk must always be respected.
Otherwise, you're only one trade away from losing everything.
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Obsess Improving your trading performance from the previous day..
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Probabilities are all that trading is.
Relax and let things take care of itself.
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"A clever person solves a problem; a wise person avoids it." - Albert Einstein
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As you develop your trading skills and turn into a fearless, successful trader, don't be frightened to disappear.
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Everyone Likes to hear that trading will offer you "the" lifestyle, but no one likes to hear that backtesting, journaling, or evaluating blunders are essential.
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Your First five trades will teach you more than the first five trading books you read ever could. Risk, ego, and must all be felt.
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Quit bouncing about.
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Trading Cannot solve your Financial Issues because you are the source of the problem
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The truth about trading
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Are you looking to improve your forex trading skills and increase your profits?
Join our community of experienced traders who share their knowledge and insights to help you succeed in the market.
Our signal channel offers daily signals, trade ideas, and access to exclusive resources and tools such as ebooks, video courses, and trading software.
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Trading is a way to get rich slowly
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How to Build a trading Plan
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profit 270pips done yesterday, Join our free telegram channel with the link in our bio.
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Most Forex Trader's are just greedy and that's why they can never grow trading forex. I recommend that as a forex trader always set your daily target. Set your target, be realistic. Means, the amount of target should be as appropriate the amount you deposited as capital.
FOR EXAMPLE:
You deposited $100usd. Set your daily target $10usd only. BE REALISTIC. Forex trading is HIGH RISKY. Don't be greedy by always thinking that you want to grow fast, then you only deposited $100usd and target $1,000usd a day. It is possible but very high risk.
So, you make your own target achievable but at the same time it's very worth for your investment.
STEP BY STEP THAT I CAN RECOMMEND
$100usd daily target is $10usd. Weekly target is $50usd - $100usd. So when you achieved your target for that day, stop your trade and enjoy your life. Spend your life with other things. Life is too short bro! Enjoy it to the fullest.
So be realistic, if you deposits $10,000usd, your daily target should be $100usd. Weekly target is $500usd.
Forex really does wins big and fast returns. But the risk is very high. There are rules to be successful in this Forex trading, manage the risk wisely.
GBPJPY - BUY 157.55
TP 157.75
TP 158.05
TP 158.55
SL 156.40.................................
β« INVEST WITH CONSCIENCE
β« Don't invest more than you can afford
β« This signal does not constitute an investment advice,
I am not responsible for money loss
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