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
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Video illustration of how to do it.... It's abit fast forwarded 👍it's that simple