When do you recognize a profitable position in Forex trades?
Where you can know exactly when you recognize the situation to say it is Forex trading again. We are all human. You will inevitably make a mistake in Forex and you will inevitably make the emotional mistakes that humans do. This is just our nature. You will never be emotional. You are an emotional creature. But what you can do is control the situations that You become more emotional versus less emotional and that is the main focus. Your main focus is not to become unemotional in Forex.
When do you recognize a profitable position in Forex trades?
The focus should be on putting yourself in situations where you won’t be emotional because you have the confidence in knowing what you’re doing and that’s the difference, so when it comes to taking profits early, it’s not that you take profits early, it’s that you take profits because you know they will be given and when you enter a trade With the confidence of knowing that it will not only be granted you are more accepting of risk.
You’re less emotional You’re less anxious You know exactly what the outcome should be and you accept both sides Before you go in You say hey I have confidence that the market is going here I’m putting this much risk If I lose I don’t care Because I’ve managed my risk I know exactly what Is this and if that happened, I didn’t care anymore because I simply knew that this was my exact plan going into it and I took what was given to me because I had confidence in doing so.
Jump to the top of the charts in Forex trading
This is the end of the story you jump to the top of the charts and go live your life problems arise when you start over-analyzing and wanting more Greed is the hunger that keeps driving and every other aspect of your life is noticed too when you start over-analyzing problems or… You begin to over-analyze situations.
Notice that more anxiety more emotions less things start to go your way because you are fighting the way of life you are fighting the way of the market when you simply give and take exactly what is given and what is not it is simply what is in front of your face and what you know is when you get out of that You pay more, you speed up the process, and you accelerate that feeling of finally becoming profitable.
What happens when you are more focused on success at Forex?
When you rush whatever that dream is to the side inside you know inside your head whatever it is whatever your motivation is to become successful the more it takes over when you start making irrational decisions and everything starts to fall apart when you are more focused on success than just doing what you should You won’t be successful and get along with everything in life when you simply learn to submit.
Taking what the market gives you in anything in life and you simply step up and be an observer of life and be an observer of the market, it comes to you, it’s given a little bit of lip service there um the previous trade you took was a little bit of a scalp, not the best trade it was a win but again so If it’s a win, we have to say okay what was a good trade was a bad trade.
Creating a Forex trade at highs in the charts
I honestly wouldn’t say either I would say it was a good trade more than it was a bad trade now we ended up creating a forex trade at these highs at this point I knew I wanted to see this become the inner turtle fits two patterns in itself and the way I say With it is if we had to go down the thing that I was watching is number one I had confidence that we were going here not here.
So notice that I took this shot targeting this low no why because I had no idea if the market wanted to go that low because only this insider forex trading could give me enough confidence to say we’re going here we did I don’t have forex trading here.
Working against Forex withdrawal liquidity
Why would I expect this to be taken even if I expect to trade forex in the larger time frame I play against the drawdown liquidity I play in the middle you know consolidate the middle time frame range there is no point I should do that I know and I have confidence that we will go to this Internal low, that’s simply what I take. I took a short scalp as soon as I saw the S&T contract we were continuing to generate buy side.
I knew it would most likely take until that inside low was at least taken so I took a small scalp that was shorted and took it from the inside bottom again. We ended up continuing to fall and I didn’t look at this and say I should have held it.
You should know that I should have kept my short stance because that’s what a lot of you guys do you become overly analytical on whatever the outcome is instead of whatever actual decision you made in the first place why do you base whether your decision is right or wrong on the outcome.
Summary
You have to base it on what you know you should Be forex trading it doesn’t matter if I end up stopping this I end up getting beaten up or we end up getting dumped to forex trading Narnia It doesn’t matter because I did exactly what I knew and planned To do if you plan to trade for a long time Trading is about longevity, it is not about making money today, it is not about making money tomorrow from Forex.
