Why you have to work extra hard as a beginner in Crypto and Forex Trading

Why you have to work extra hard as a beginner in Crypto and Forex Trading Markets

Put in the work…. it’s not an option.

Study hard and gather experience.

Trade often, honing your skills.

For success is the goal you seek.

When real traders discuss their vacations,
and the things they do for their loved ones,
you won’t gaze at them like yesterday’s bread

But stand tall,as an accomplished trader.

So study diligently, immerse yourself into the craft.

Trade frequently, sharpen your acumen,
Gain experience, and a wealth of knowledge.

And make withdrawals, reaping the rewards.

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For when the time comes to enjoy life’s pleasures,
you’ll have earned the fruits of your labor.

No longer a bystander, but a peer,
among the traders, respected and revered.

So brethren, let this be your motivation…
To work hard and strive for greatness.

And when the discussions turn to vacations,
You’ll be among those who inspire and impress.

Study hard, trade often, gather experience,
make withdrawals and savor the success,
so that when you’re among your fellow traders,
you’ll be admired for your dedication and progress.

Small account demands more psychological fitness than a big account..

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Small accounts needs not just risk management skills but perfection on Risk management skills.

Small accounts will test your knowledge and experience more than a big account.

Small accounts will test your ability to be patient.

Small accounts can’t be traded by just anyone but a big account can be traded by almost anyone who has a little information about trading.

As the C.E.O of your forex or crypto business,

It’s also a must for you to keep a list of your goals

And NEVER ever lie to yourself.

If you think you are not progressing, you should always be honest with yourself.

You should have written goals of where you want your business to be in 6 months or 1 year from now.

Eg. I will demo for 5 months on the trial account before I take the challenge with a real one.

-I will save x amount of money to use while I do the challenge.

-If the challenge fails, I will do this and this.

-From these trials I have learnt this and that.

Don’t just go in trying to flip accounts without a solid plan which will keep you afloat even when turmoil knocks on your door.

Remember accountability pushes a warrior forward.

If you are not taking any step. Then plan on how you will start making steps.

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Otherwise you are just doing nonsense if you are not 100% in the game.

Do Not Try Crypto or Forex If You Are Not Willing To Sacrifice Everything.
Don’t Try It If You Are Not Willing To Experience Sleepless Nights.

If You Are Not Willing To Be A Victim Of Depression. If You Are Not Willing To Be Single Because This Thing Is Like A Vampire.

It Will Suck Your Feelings Out Of You.

When I Had A Chance To Buy Clothes, I Funded My Account.

When I Had A Chance To Buy Accessories, I Funded The Account.

When I Had A Chance To Buy Grocery, I Funded The Account.

When I Had A Chance To Pay Off Some Debts, I Funded My Account.

And It Didn’t End Well.

This Thing It Got Me Blacklisted And Nobody Knew Till This Very Moment.

Once You Are In, You Are In.

There’s No Going Back.

And It Is The Very Same Thing That Had My Back When I Was Down And Out.

I Literally Sold My Soul For Crypto and Forex🧎🏽‍♂️📈📉

KNOW WHAT YOU ARE DOING 🎯

And if you don’t, you can always get AI to work for you.

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What is a PIP and how do we know when to say this is 1pip, 10pips or 100pips?

A pip is the smallest number that moves in a currency pair that we are interested in trading.

For every non JPY( Japanese yen) value. It’s always in a two decimal place of .01

While that of non JPY value is usually in a four decimal place of.0001

So how do we know when to say a pip is 1, or 10, or 100.

Let’s assume we have a non JPY value at 1.0786

What we are interested in is .0786

Starting with the last digit 6

6 becomes 1

8 becomes 10s

7 becomes 100s

So anytime 6 moves +1 it means that’s 1pip

Whenever 8 moves +1 that is 10pips

Anytime 7 moves +1 that is 100pips

So let’s say 6 moves to 9 that is 3pips

If 8 moves to 9 that is 10pips

And if 7 moves to 8 that is 100pips

But for JPY
Let’s assume we have JPY value of 132.62

We will be focusing on 2.62

Where the last 2 is the 1

And 6 is the 10

While the 2 before the decimal point becomes the 100

So anytime the 2 before the decimal point moves +1 that is 100pips

Anytime the 6 moves +1 that is 10pips

Anytime the last 2 moves +1 that is 1pip

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It’s about time we revolutionize trading in a professional civilized manner where we only talk charts and not lifestyle showbiz.
We want to build a strong community where even a newbie can generate profits through pips.

“You get rich by taking a big risk with small money”💰.

You stay rich by taking small risks, with big money(📈💰)

We work smart not hard(🧠💵)