Why Beginners In Forex and Crypto Trading Markets Should Stick To Their Strategy

Why Beginners in Crypto and Forex Trading should stick to their strategies.

Many traders are getting it wrong daily because of one mistake, which is changing of their original strategies often.

You start with strategy ABC today make some profit with this strategy and it hits stop loss 2-3 consecutive times, then you end up changing it.

Wrong move.

You’ll see traders watching series upon series of YouTube videos to pick a strategy to learn, which in the end they never stick to.

IF YOU ARE THIS KIND OF TRADER; PLEASE STOP!

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The question now is, What should I do since the strategy is giving me losses?

YOU NEED MODIFICATIONS!

Check why you lost, if need be check out some other strong confirmation that will make it hard to lose using your present strategy.

You might want to see price breaking a major structure and retesting to fvg or order block before taking the trade.

You might also want to see liquidity swept before entry.

The problem might be in entry or exit.

For exit you may wait until the structure breaks higher low or lower high(depends on the trend) before closing trade.

There are series of confirmation you’ll want to consider.

Don’t dump your strategies because a trade hit SL.

Remember there’s no way to avert losses in the market but there are many ways to maximize profits.

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I know that some strategies are wack, especially when you need mixed indicators and mixed confirmation of indicator touches, so if you are in these shoes; try to understand market structure.

You’ll have no need to run after strategies.

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When someone drops a screenshot of 2000% gain or profit and you start calculating how much your $10 would have turned, you will be the next victim to be rugpulled !!

This is a hard truth most people will not tell you.

One of the strategy of these bad guys sharing screenshot is to get you emotional….

….Make you feel stupid for not joining the call

…make you feel you’ve missed out.

What are they doing with that??

They are preparing your mind for the next rugpull they are bringing your way.

Once they get you emotional, you then decide you will never miss their next call.

And when the next call is released, your emotions, your greed is fully activated and you want to cash out big without knowing it’s a trap.

I’ve always said this, never feel you’ve missed out.

No, you didn’t miss out on anything, there are hundreds of new opportunities in Forex and Crypto.

Maybe the popular saying that opportunity comes but once Is what is really messing up people’s mind.

Not in Forex and Crypto, opportunity comes continuously so long you’re still here and you don’t run away.

The purpose of this post is to help you keep your emotions in check.

Be logical with your investment decisions and not emotional, else you’d be preyed on.

You’ve not missed out.

Stop calculating how much you could have made with $10 if you’ve taken a call whenever you see a screenshot.

Some more unsolicitated advise….

𝟑 𝐩𝐨𝐬𝐬𝐢𝐛𝐥𝐞 𝐰𝐚𝐲𝐬 𝐭𝐨 𝐟𝐢𝐧𝐝 𝐚 𝐡𝐢𝐠𝐡 𝐩𝐫𝐨𝐛𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐨𝐫𝐝𝐞𝐫 𝐛𝐥𝐨𝐜𝐤 (𝐎𝐁)

1- The OB has to sweep a liquidity (usually for entry: buy or sell).

2- The OB has to be below or above a liquidity pool ( usually for target ).

3- The OB has to be responsible for a huge pump or dump creating a Fair Value Gap (FVG).

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For now you won’t understand the journey.

You don’t understand the process.

Trust the process.

One day they will fill your inbox calling you boss, leader etc asking to be plugged with forex or crypto lessons.

Now they don’t take you serious, they call you a broke forex or crypto trader.

Keep going.

The charts will change your life soon.

Like I always say, you are one candlestick away from your dream life.

Keep trading.

And when you do make the money.

Remember not to keep all of it in the markets.

And if you need a little help along the way, use AI software to make sure you make some money.

𝐓𝐡𝐞 𝐛𝐞𝐬𝐭 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐁𝐞𝐠𝐢𝐧𝐧𝐞𝐫𝐬 & 𝐄𝐱𝐩𝐞𝐫𝐭 𝐓𝐫𝐚𝐝𝐞𝐫𝐬!

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𝑪𝒐𝒓𝒆 𝑩𝒆𝒏𝒆𝒇𝒊𝒕𝒔:

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