Forwarded from My trading journal📉📈 (Xoli)
Your habits and what you choose not to change will always be the wall standing between you and your success
Consistency is key in trading
Learn from your mistakes
Learn from your greed
Learn from your mindset and change it for the better 👌
Consistency is key in trading
Learn from your mistakes
Learn from your greed
Learn from your mindset and change it for the better 👌
Forwarded from My trading journal📉📈 (Xoli)
Profesional traders only place trades that meet their rules and trading plan
Thats Discipline & Patiency
Thats Discipline & Patiency
Forwarded from My trading journal📉📈 (Xoli)
The life changing decision you have to make should be uncomfortable that's were change begins ☝️
Forwarded from My trading journal📉📈 (Xoli)
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🔥🔥🔥🔥🔥🔥As I tried to close market was already spiking so I let it run😂😂
Forwarded from My trading journal📉📈 (Xoli)
Gold and audusd with positive stop loss as I leave my phone to charge ☝️it comes back I'm protected
Forwarded from My trading journal📉📈 (Xoli)
A bad day that ended well.... 🙏All because of patience
After a BULLISH⬆️ break wait for it to go down a bit than place your sell limit orders on that level as many as you want....
This applies to BEARISH⬇️ breaks aswell vice verser
Than put a TAKE PROFIT💸 where it turns as stipulated on the chart
Thats the strategy to grow your account with minimal risk
This requires you to be on the screen for a long time to catch the breaks
☝🏾!!! If you not sure you can wait for my signal
Not all breaks should be taken this is to avoid being caught in multiple breaks....
A technical analysis is still required on higher time frames for better safer enteries. 😉
This applies to BEARISH⬇️ breaks aswell vice verser
Than put a TAKE PROFIT💸 where it turns as stipulated on the chart
Thats the strategy to grow your account with minimal risk
This requires you to be on the screen for a long time to catch the breaks
☝🏾!!! If you not sure you can wait for my signal
Not all breaks should be taken this is to avoid being caught in multiple breaks....
A technical analysis is still required on higher time frames for better safer enteries. 😉
Forwarded from My trading journal📉📈 (Xoli)
Simple way to manage risk and grow your account within a month you will have close to 400$ in your account from a 5$ account
Realistic daily target trading range break only
20$ a day 7 times a week equals to 140$ weekly
140 weekly times 4weeks equals to 560$ a month Im saying 400$ monthly because I'm expecting some losses and not being consistent aswell let's be realistic.....
In Rands You'll be making
+ - R2300 a week
+ - R7600 a month
Now let's say you do not withdraw for that month and you have 500$ to trade with
This means increased lot size and more profits to be made but must still have a daily target
Second month daily target 40$ a day
Let's calculate
40x7=280$ weekly
280x4=1120$ monthly
Now in Rands
Weekly is +-R4700
Monthly is +-R1900
THATS A FUCKEN SALARY WORKING FROM HOME
#NB:Calculations are not precise as to factoring loses and inconsistency with your trading
Let's be realistic☝️won't be a millionaire over night
Realistic daily target trading range break only
20$ a day 7 times a week equals to 140$ weekly
140 weekly times 4weeks equals to 560$ a month Im saying 400$ monthly because I'm expecting some losses and not being consistent aswell let's be realistic.....
In Rands You'll be making
+ - R2300 a week
+ - R7600 a month
Now let's say you do not withdraw for that month and you have 500$ to trade with
This means increased lot size and more profits to be made but must still have a daily target
Second month daily target 40$ a day
Let's calculate
40x7=280$ weekly
280x4=1120$ monthly
Now in Rands
Weekly is +-R4700
Monthly is +-R1900
THATS A FUCKEN SALARY WORKING FROM HOME
#NB:Calculations are not precise as to factoring loses and inconsistency with your trading
Let's be realistic☝️won't be a millionaire over night