How To Get Out of A Loosing Streak As A Trader (Who Is Beginning To Trade)

How to get out of a loosing streak as Trader who is beginning to trade

This is what happens to most traders on a losing trade.

You enter a trade and it goes against you.

Normally your general tolerance for a trade is about -20 pips, after which you consider the loss to be too much and the trade a probable fail.

Initially it goes to -8 pips… then -15… then -28…

Your brain and ego seek escape, avoidance and denial start to make their way into your system.… you say to yourself….

“it will turn around any time soon” … -33… “I am sure it will soon turn.”

This my friend is gambling…

Then it becomes real, and you do not WANT to realize the huge loss.

You stretch the denial and you find yourself in the hoping and wishing mode… entirely disconnected from reality.

#Crypto has made more millionaires in 1 year than college degrees have in 15 years.

Invest while the market is crashing,

Before this #Bitcoin  bull run starts.

Those who follow me now have a second chance to get rich…..by avoiding gambling with your money.

Don’t regret it….
https://www.binance.com/en/activity/referral-entry/CPA?fromActivityPage=true&ref=CPA_00R9LJ2LDW

STOP.

It’s about time we revolutionize trading in a professional civilized manner where we only talk charts and not lifestyle showbiz.

Do Not Try 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 That Till This Very Moment.

Once You Are In, You Are All 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 Forex.

Introducing Exness Team Pro

A group of highly skilled traders ready to share with you their personal experiences, unique insights and proven strategies; all here at Exness.

They inspire and guide traders by empowering local communities in the dynamic world of trading.

Exness Team Pro is committed both to educating aspiring traders and inspiring professional traders with new ideas and strategies.

Get to know them, learn from their journeys and use it to hone your skills even further!

Welcome to the big leagues.

Learn more here:

#ExnessTeamPro

#Welcometothebigleagues

https://one.exness-track.com/a/c_7hfrg0krwc

Guys let’s stop greed and grow our accounts.

It’s gonna take you time but just grow that account.

Make Forex or crypto your hustle, make it your career and plan to expand it.

Investments are a necessity , making them early is important.

But what’s better is having a company that guarantees minimum risk of losing.

And then you have this platform that helps beginners

XM Capital

For forex trading at

https://clicks.pipaffiliates.com/c?c=676250&l=en&p=0

Most of you loose terribly because you trade to gamble.

As a gambler you have a 50/50 chance of winning or loosing.

Well, forex is not football that can slide .

There are rules, there are winning rules which are determined by demand and supply.

It’s not a competition but the above determinants must be satisfied.

The more knowledge you gather about them the higher your percentage of success in trading.

If you remove demand from the market then there is no supply, the opposite is true.

They work hand in hand your work is to know when there is demand or supply in the market understand their levels and volume change.

So if you find yourself loosing and you did not understand why, then know you are gambling or you missed something in your analysis.

News can cause unexpected liquidity in the market, but big participants also can create liquidity to trap the small participants like ‘us’ traders and later the markets proceeds to follow it’s own law of demand and supply.

Be smart when you trading.

Make sure all your senses present.

There is a wonderful trading week ahead of you all.

Intelligent people learn from their own mistakes ,wise people learn from other peoples mistakes.

Learn and read from the experience of others.

It should not take years to learn the game.

And if you are still having problems, use AI software to help you.

𝐓𝐡𝐞 𝐛𝐞𝐬𝐭 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐁𝐞𝐠𝐢𝐧𝐧𝐞𝐫𝐬 & 𝐄𝐱𝐩𝐞𝐫𝐭 𝐓𝐫𝐚𝐝𝐞𝐫𝐬!

It can do everything crucial for you as a forex and crypto trader, that’s finding best times to place orders, close trades and test strategies to ensure successful trades.


𝑪𝒐𝒓𝒆 𝑩𝒆𝒏𝒆𝒇𝒊𝒕𝒔:

1- The Forexcopier Robot searches for profitable trading opportunities round-the-clock, 5 days a week.

Therefore, unless you disable it, you will never miss a profitable trade opportunity.

2-In contrast to us, this Forexcopier Robot does not exhibit emotional instability and will only function in an environment that is completely calculating.

3. It automatically analyzes the market data.

For inquiries get in touch

https://forexcopier.com/afs/idevaffiliate.php?id=1010

#forex #forexrobot #forexsoftware #forextrader #forextradingsoftware #forexlife

Let’s face the facts.

In forex and crypto trading, there is nothing greater than having a proper risk management and trading psychology…

Without any doubts those of you who are or have traded demo accounts will definitely agree with me, or won’t you?

Look at this:

You successfully traded demo accounts because your trading psychology was on point (you traded/trading having no fear) because is simply not your real money but a demo.

Case closed, or is it?

In this case, if both your trading psychology and risk management are not in order while trading a REAL ACCOUNT you’re already facing 90% chance of failing or losing in your trading.

Or don’t you believe me?

See how many trading strategies that you know so far.

I can help you with trading psychology but first of all you need to help out yourselves by doing the following to maximize your brain power and build stable, focused trading psychology.

1. Understand that trading is risky and you can lose money anytime.

2. Only deposit money that you can afford to lose.

3. Always think positive about your trading career.

4. Meditate on your goals.

5. Focus on making/profiting more pips, and don’t focus too much on making more dollars.

6. Never open or add another position on the same pair if you still having the running trade on that particular pair.

7. Place a trade and close your platform, come back after 4 hours to monitor, because watching running trades will make your trading career short and kill your mindset.

8. Be thankful..

9. Don’t keep all your profits online.

Don’t trust exchanges with all your money.

Make it yours with a hardware wallet!

🌐 Open source security

🔒 Privacy enhanced

🪙 1000+ supported assets

Protect yourself from hacks

Free shipping worldwide

Spread the word and don’t forget to use your link!

https://shop.ledger.com/?r=506dcecb6d51

Now looking at Risk management.

1. Open less than 3 trades at a time trade one pair..

2. Never ever add trade in a pair having running position/trade.

3. Before placing an order, always ask yourself why you have to buy or Sell.

4.Take your time to analyze that’s how you take sniper entries..

5. Risk Only 2 USD stop loss for a 10$ account using lot size of 0.01…

SIMPLE TRADING STRATEGIES FOR BEGINNERS

BEFORE YOU TRADE

1.LOOK AT THE TREND

2.IF BULLISH

3.IF THE PRICE IS AT THE RESISTANCE LEVEL

4.IF YES DO A A SELL

No One Becomes A Successful Trader Without Making A Mistake Once in a while.

But you can snap out of a loosing streak by concentrating on advice given above.