And willing to let go of that losing positions. It requires a concrete rules for when to close a specific trades e.g a % drawdown from your entry point / when a technical indicator reaches a certain value.

Common new trader mistakes - Aiming on Home-Run trades (massive profit on every trades) - FOMO blindly executing trades based on every Hot trading tips they come across - Getting overly attached to your trade Good trader needs to realize that not every trade will be profitable

Unprofitable traders: - Don't have a system. - Don't know if their system has an edge. - Don't understand risk to reward. - Have no plan or rules. - They believe that all their problems are emotional but don’t have a model.

A trader who can wait for the best opportunity is a patient trader. No patience, no trading success.

Learn to journey through the peaks and valleys of the market. Patience Discipline Process Make these your entire world.

Some say gaining confidence from winning is important, but that's wrong. If you gain confidence from winning, you'll lose it when you lose. Don't let your confidence depend on winning or losing. Trading means winning doesn't always equal a good trade. Good night😴

However, following Monday’s high at 1.07761, the fiber sharply reversed downwards (see the arrow), indicating the activity of supply forces. So, what do you think? Will EUR/USD return back to the Monday high area, or will it continue its downward trend? #EURUSD

The fiber (EUR/USD) responded with a substantial increase today due to exit polls showing that Marine Le Pen’s far-right party, the National Rally (RN), won the first round of parliamentary elections in France on Sunday.

Discipline beats talent when talent lacks discipline. Dreams die at the hands of excuses, not obstacles. Master your habits, master your future. Discipline is the bridge between goals and achievement. Fuel your dreams with relentless discipline, not just resources.

Today was an eye opener … visited a lot of older people in big circles they all talked and I noticed one key mistake most of em did in life … always plan your moves honestly and realistically .. realize the possible negative sides. That’s all I can say .. most people move too short minded and pay the price for it in a few years

Anybody watching the "Ninja" Last April, 2months ago, BoJ intervened in the yen market. Now, USDJPY(Ninja) exchange rate has returned to the previous level before the interventions. The price is currently reaching the upper area of the channel. Will BoJ make intervention soon?

A trading system isn't everything. Planning improves your execution. Risk management protects your money. Emotional control improves your performance. Experience compounds your trading success.

Of course traders start philosophically posting life wisdom after a year or two in the game. It’s right about the time when you start to realize that your trading mistakes are usually reflections of your flaws as a person. Greedy, hot-headed, or impatient as a person? Good chance it shows up in your trading as well. I love seeing it cause it’s the transformative period in a trader’s journey. Some people never conquer those demons, some do. That last mile is the loneliest.

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Last couple months trading isnt great for me.Its fine to take a step back and re evaluate how you do things. Will be back

Every trading loss is an opportunity to become a better trader.

Consistency is the greatest skill a trader can possess. No strategy or system will succeed without consistency. Mindset, discipline, and patience all exist for the sake of consistency. Ultimately, all knowledge, experience, and skills lead to consistency. Goodnight😴

trades) visit our website @ beetradefx.com. #beetradeea #revolutionaryEA

to avoid losing more. Using good tools or programs can help you keep an eye on the market. This way, you can take breaks, relax, and come back ready to trade better. To know more details about us and our expert advisor (an excellent tool to monitor and help you score more winning

Trading can be tough. You need to watch the market all the time and know when important news or speeches happen. Even if you plan your trades well, unexpected news can mess them up. If your plans don’t work, you have to decide fast whether to stop your trade or change your plan