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  • Greed in trading is something every trader experiences sooner or later because it is in our nature to be emotionally driven and it is no easy task to overcome it🙌🏼⁣
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Here are some of the major greeds in trading with solutions to help you trade‼️⁣
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1.Risking more than you can handle⁣
Many new traders have no reasonable risk management and often take trades based on the concept of “I can make this much $$ if I use this huge lot size” This often leads to blown accounts because they ALWAYS use too big of a lot size that the account simply can not support⁣
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2.Holding onto a losing position🚨⁣
Every trader takes a loss, it’s part of trading but minimizing those losses are also part of trading and it is a skill that needs to be performed correctly if you want to see any long term profitability. Using a stop loss is a must but also putting your ego aside, accepting your trade is wrong and moving on to the next one is something every trader needs to get comfortable with. ⁣
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3.Treating Forex like a get rich scheme🤬⁣
Forex needs to be taken seriously and treated like a business for anyone to be successful. This means you respect the market, yourself and your account. Set rules, follow them, devise a business strategy to take down the market! ⁣
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4.Having unrealistic expectations😱⁣
So many traders will learn about trading and study for a month or so and decide “im a professional, I can get rich in a few months or a year” this couldn’t be further from the truth. Learning to trade and master your emotions takes time and it can not be achieved in a matter of months🎯⁣
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5.Trading prematurely❌⁣
Give yourself time to learn the markets properly, find a mentor or community and practice!! Make sure you’re actually a good trader before you start throwing real money around “hoping” you’ll make a good return. ⁣
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Interested Forex Training📍🤔⁣⁣⁣
Go to Forexleagueco.com [Link in Bio]⁣⁣⁣
👉🏼@nickdarcfx 👈🏼⁣
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#forex #trader #daytrading #forexnews #forextips #forexleague #tradingforex #forexlife #forextrader #forexeducation #learntotrade #forexsignalservice #eurusd #greed #usdjpy #tradingtips
  • Greed in trading is something every trader experiences sooner or later because it is in our nature to be emotionally driven and it is no easy task to overcome it🙌🏼⁣
    •⁣
    •⁣
    Here are some of the major greeds in trading with solutions to help you trade‼️⁣
    •⁣
    •⁣
    1.Risking more than you can handle⁣
    Many new traders have no reasonable risk management and often take trades based on the concept of “I can make this much $$ if I use this huge lot size” This often leads to blown accounts because they ALWAYS use too big of a lot size that the account simply can not support⁣
    •⁣
    •⁣
    2.Holding onto a losing position🚨⁣
    Every trader takes a loss, it’s part of trading but minimizing those losses are also part of trading and it is a skill that needs to be performed correctly if you want to see any long term profitability. Using a stop loss is a must but also putting your ego aside, accepting your trade is wrong and moving on to the next one is something every trader needs to get comfortable with. ⁣
    •⁣
    •⁣
    3.Treating Forex like a get rich scheme🤬⁣
    Forex needs to be taken seriously and treated like a business for anyone to be successful. This means you respect the market, yourself and your account. Set rules, follow them, devise a business strategy to take down the market! ⁣
    •⁣
    •⁣
    4.Having unrealistic expectations😱⁣
    So many traders will learn about trading and study for a month or so and decide “im a professional, I can get rich in a few months or a year” this couldn’t be further from the truth. Learning to trade and master your emotions takes time and it can not be achieved in a matter of months🎯⁣
    •⁣
    •⁣
    5.Trading prematurely❌⁣
    Give yourself time to learn the markets properly, find a mentor or community and practice!! Make sure you’re actually a good trader before you start throwing real money around “hoping” you’ll make a good return. ⁣
    •⁣
    •⁣
    Interested Forex Training📍🤔⁣⁣⁣
    Go to Forexleagueco.com [Link in Bio]⁣⁣⁣
    👉🏼@nickdarcfx 👈🏼⁣
    •⁣
    •⁣
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    #forex #trader #daytrading #forexnews #forextips #forexleague #tradingforex #forexlife #forextrader #forexeducation #learntotrade #forexsignalservice #eurusd #greed #usdjpy #tradingtips
  • 564 116 12 hours ago
  • Do you use signals?
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Ok so let me be clear.. I am NOT against signals. Not at all! What I am against is the idea that you can blindly take them and be successful. Sorry not sorry 🤷🏻‍♀️
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Even the BEST retail trader can’t win em all. If you’re going to take 50% of their trades without analysis, the outcome likely won’t be pretty. .
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This is why I always give setups with analysis to my students. There’s no point in me throwing out numbers! You need to understand why the trades are being executed in order to learn and grow 🙌🏼
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Again, NOT saying all signal services are “bad”. But try and use signals as an additional confirmation to your own analysis, instead of relying on them to “get rich quick” ⭐️ .
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If you want to know more about my daily setup service pm me!
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Do you agree?
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Follow @forextips101 for more ❗️❗️❗️
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#forexsignals #forexsignalservice #forextrading #forexmarket #forextrade #forexmoney #forexeducation #currencytrading #daytrading #tradingforex #eurusd
  • Do you use signals?
    .
    .
    Ok so let me be clear.. I am NOT against signals. Not at all! What I am against is the idea that you can blindly take them and be successful. Sorry not sorry 🤷🏻‍♀️
    .
    .
    .
    Even the BEST retail trader can’t win em all. If you’re going to take 50% of their trades without analysis, the outcome likely won’t be pretty. .
    .
    .
    This is why I always give setups with analysis to my students. There’s no point in me throwing out numbers! You need to understand why the trades are being executed in order to learn and grow 🙌🏼
    .
    .
    .
    Again, NOT saying all signal services are “bad”. But try and use signals as an additional confirmation to your own analysis, instead of relying on them to “get rich quick” ⭐️ .
    .
    .
    If you want to know more about my daily setup service pm me!
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    Do you agree?
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    Follow @forextips101 for more ❗️❗️❗️
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    #forexsignals #forexsignalservice #forextrading #forexmarket #forextrade #forexmoney #forexeducation #currencytrading #daytrading #tradingforex #eurusd
  • 942 62 14 hours ago
  • Do you look at overall structure? How often?
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I make it a part of my daily plan to observe market structure on the higher time frame and ensure it isn’t broken ☝🏼
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I like to use the daily time frame when I’m looking at major trends. I will also glance at the 4 hour time frame as well. I want to see that my trend is still being respected 🤷🏻‍♀️
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There is definitely more to market structure than trend lines! We also have to consider our support and resistance areas as well. Some people get REALLY detailed when it comes to analyzing structure.. I’ll be honest, I keep it simple 💡 .
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Who wants a video on this?
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Follow @forextips101 for more ❗️❗️❗️
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#forex #forexnews #forexchart #forexprofits #forexanalysis #daytrading #daytrader #currencytrading #forexlife #forexmarket #forexsignalservice #forexcourse
  • Do you look at overall structure? How often?
    .
    .
    I make it a part of my daily plan to observe market structure on the higher time frame and ensure it isn’t broken ☝🏼
    .
    .
    .
    I like to use the daily time frame when I’m looking at major trends. I will also glance at the 4 hour time frame as well. I want to see that my trend is still being respected 🤷🏻‍♀️
    .
    .
    There is definitely more to market structure than trend lines! We also have to consider our support and resistance areas as well. Some people get REALLY detailed when it comes to analyzing structure.. I’ll be honest, I keep it simple 💡 .
    .
    .
    Who wants a video on this?
    .
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    Follow @forextips101 for more ❗️❗️❗️
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    #forex #forexnews #forexchart #forexprofits #forexanalysis #daytrading #daytrader #currencytrading #forexlife #forexmarket #forexsignalservice #forexcourse
  • 1,041 114 6 December, 2019
  • What other market conditions do you avoid?! I’ll repost some answers in my stories 😊
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These apply most to novice traders. Some more experienced traders may feel comfortable trading within these conditions and to each their own really (I avoid them myself)
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STEEP unhealthy trends are normally caused by major news release. Why should we avoid them? Because a strong pullback is inevitable and we have no way of knowing when it will happen 🤷🏻‍♀️
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Consolidating periods really don’t give us great opportunities. Price can be quite unpredictable as it dances between support and resistance and it really isn’t favourable to enter until a breakout of these areas 🙌🏼
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Last, trends with LOW momentum. These trends do not give us nice pullbacks and it can be hard to identify an entry point. Low volatility can mean low risk/reward, and really doesn’t give us great opportunities. .
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Let me know your thoughts! .
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Follow @forextips101 for more ❗️❗️❗️
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#forex #forextrading #forexsignalservice #forextips #forexnews #forexlife #forexlifestyle #daytrader #daytrading #currencytrading #tradingforex
  • What other market conditions do you avoid?! I’ll repost some answers in my stories 😊
    .
    .
    These apply most to novice traders. Some more experienced traders may feel comfortable trading within these conditions and to each their own really (I avoid them myself)
    .
    .
    STEEP unhealthy trends are normally caused by major news release. Why should we avoid them? Because a strong pullback is inevitable and we have no way of knowing when it will happen 🤷🏻‍♀️
    .
    .
    .
    Consolidating periods really don’t give us great opportunities. Price can be quite unpredictable as it dances between support and resistance and it really isn’t favourable to enter until a breakout of these areas 🙌🏼
    .
    .
    .
    Last, trends with LOW momentum. These trends do not give us nice pullbacks and it can be hard to identify an entry point. Low volatility can mean low risk/reward, and really doesn’t give us great opportunities. .
    .
    .
    Let me know your thoughts! .
    .
    .
    Follow @forextips101 for more ❗️❗️❗️
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    #forex #forextrading #forexsignalservice #forextips #forexnews #forexlife #forexlifestyle #daytrader #daytrading #currencytrading #tradingforex
  • 1,987 315 3 December, 2019
  • Comment anything below if you want a video on this! 😊
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First of all, how do we identify an inside bar? Well put simply, it’s a smaller candle that does not break above or below the previous candles range!
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How do we incorporate these into our trading plan? Few important things to note 👇🏼
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We never want to implement this strategy within a ranging period. You will have very poor results attempting this. You want to have a STRONG trend in order to use this strategy and be successful ⭐️ .
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This strategy works great on indices, bitcoin, GJ, and basically any other pairs that tend to experience big “break outs” and strong trends!
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It really looks simple (and there’s nothing complex to it) BUT we always want to look at market structure & price action before entering any trade ✌️
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Have you used this strategy?
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Follow @forextips101 for more ❗️❗️
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#forex #forextrader #forextrading #forexlife #forexprofits #forexmarkets #forexclass #forextips #forexsignalservice #daytrader #eurusd #xauusd
  • Comment anything below if you want a video on this! 😊
    .
    .
    First of all, how do we identify an inside bar? Well put simply, it’s a smaller candle that does not break above or below the previous candles range!
    .
    .
    How do we incorporate these into our trading plan? Few important things to note 👇🏼
    .
    .
    .
    We never want to implement this strategy within a ranging period. You will have very poor results attempting this. You want to have a STRONG trend in order to use this strategy and be successful ⭐️ .
    .
    This strategy works great on indices, bitcoin, GJ, and basically any other pairs that tend to experience big “break outs” and strong trends!
    .
    .
    .
    It really looks simple (and there’s nothing complex to it) BUT we always want to look at market structure & price action before entering any trade ✌️
    .
    .
    .
    Have you used this strategy?
    .
    .
    .
    Follow @forextips101 for more ❗️❗️
    .
    .
    .
    .
    .
    .
    .
    #forex #forextrader #forextrading #forexlife #forexprofits #forexmarkets #forexclass #forextips #forexsignalservice #daytrader #eurusd #xauusd
  • 1,520 267 2 December, 2019
  • HUGE PRIZE GIVEAWAY we are going to give 5 of our amazing followers £50 cash (Paypal or bank transfer)
Winners all be tagged on Sunday before 22.00 GMT. To enter the competition
 1- like this post
2- tag 5 people @ names in 1 comment below 
AND THATS IT 
You can enter as many times as you wish by simply tagging 5 different @ names in each separate comment. What are you waiting for ??_______________________________________________ 
TO CELEBRATE HITTING 100,000 FOLLOWERS
#competition #free #giveaway #money #prize #comment #quick
  • HUGE PRIZE GIVEAWAY we are going to give 5 of our amazing followers £50 cash (Paypal or bank transfer)
    Winners all be tagged on Sunday before 22.00 GMT. To enter the competition
    1- like this post
    2- tag 5 people @ names in 1 comment below
    AND THATS IT
    You can enter as many times as you wish by simply tagging 5 different @ names in each separate comment. What are you waiting for ??_______________________________________________
    TO CELEBRATE HITTING 100,000 FOLLOWERS
    #competition #free #giveaway #money #prize #comment #quick
  • 1,066 614 28 November, 2019

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  • It's that day of the year again😅
  • It's that day of the year again😅
  • 33 1 1 hour ago