Okay, fellow TradingViewers, it’s time we tackle a topic that may make you a bit uncomfortable. But, rest assured — it’s for your own good! Today, we explore the realm of emotional resilience and, more precisely, how to bounce back from losses. Losses are inevitable. Ask anyone — even the big dogs in the industry have gone through painful losses (as you’ll see...
Stop loss order is the order that automatically closes your trade once it reaches a specified price target. Learn all about it here. Table of Contents: 🔹What Is a Stop Loss Order? 🔹Why Stop Loss Orders Matter? 🔹Setting Stop Loss Levels 🔹Types of Stop Loss Orders 🔹Adjusting Your Stop Loss Orders 🔹Summary In trading, reducing risks is oftentimes all that matters...
The most important problems leading to losses in the market and how to deal with them "I suffered a series of severe losses, and to this day I still can't recover from it." - this is how an investor friend described the more difficult period he was going through. Life events made him more stressed than usual and on top of that, a series of losses happened to...
Hello guys, in this video, I reveal the secret strategy I use for trading which helps me not to blow any account in forex trading. If you enjoy this video, give it a boost, drop a comment and follow me here on tradingview.
📊Trading is an art and science all at once, requiring various skill sets and tools to be successful. While a keen eye for market trends, quick decision-making abilities and financial literacy are essential in trading, it's the three body parts that are often overlooked but play a significant role in the process- the brain, the heart and the gut. 🧠The Brain:...
I want you to stop thinking of trading losses as losses. It’s having an effect on you emotionally and is stopping your full potential of growth. Financial trading, like any other business or aspect of life, involves costs. That’s just life. In business, there are costs associated with equipment, rent, salaries, taxes, and legal fees. In our personal lives,...
📊Trading is an art and science all at once, requiring various skill sets and tools to be successful. While a keen eye for market trends, quick decision-making abilities and financial literacy are essential in trading, it's the three body parts that are often overlooked but play a significant role in the process- the brain, the heart and the gut. 🧠The Brain:...
I hope you already know that losing trades are inevitable in trading. No matter how professional a trader is, mistakes are made. It's part of the game, and the possibility of making mistakes should simply be factored into your trading strategy. But what really matters for success in the market is how you handle the fact of incurring losses. Today, I've compiled a...
💱Today, we're talking about the exciting world of technical analysis, specifically the golden cross and death cross patterns. 💱So, what exactly are these patterns? Well, let me break it down for you. The golden cross pattern is a bullish signal in which a shorter-term moving average rises above a longer-term moving average. On the other hand, the death cross is...
*️⃣There are several reasons why losses are part of the game: 1️⃣Emotion: Traders, just like all human being, are prone to emotional bias, which can lead to impulsive decision making and ultimately to losses. 2️⃣Probability: Even with the best trading strategy, there will be losing trades. It's important to remember that not all trades will be successful,...
☑️A trader with a plan is someone who has a well-defined trading strategy that outlines their entry and exit points, risk management approach, and overall trading philosophy. ☑️They have a clear understanding of the markets they are trading and make decisions based on objective analysis and research. They are disciplined and stick to their trading plan, even...
Losses are nothing! Come on. Don't you pay for food, electricity, taxes. Don't you run your company with expenses and costs? Don't you spend every now and then on a vacation, time away and even unpaid leave? This is life and it should be NO different with trading. Trading losses are nothing but costs that come with achieving future success. But......
😱 There were a few people there talking about their losses, that they had no idea what to do and I wrote this to them: It's mostly the fault of mainstream media + youtubers + twitterers etc. It's really easy to communicate the simplest approach that everyone understands and subscribes too. Note that if everyone is on the same side... Usually most people are...
Hey traders, Ever wondered how some of the professional traders can lose tens of thousands of dollars and still not be phased? Well, today I am going to chat about how and why they have the ability to remain consistent and trust the process, and how you can do the same. Enjoy!
Humans are not psychologically good traders by nature ! Have you ever wondered, why trading with real money is overwhelming for you?! The reason should be sought in the psychological aspect of the case. If you lose amount money in the market, you must gain several times ,so the feeling of happiness overcomes the pain of your initial loss! although all traders,...
It’s an unavoidable reality that your forex trading success or failure will largely depend on your mindset. In other words, if your Forex trading psychology is not right, you aren’t going to make any money! Unfortunately, most traders ignore this important fact or are unaware of how critical having the proper mindset is to Forex trading success. If you do not...
Hey Guys! When a trader takes a loss, it can be quite hard. It can strip you of your motivation to trade. Or perhaps even sway your quality of life. But that doesn't have to be the case. Do you ever wonder why experienced traders don't have a fit after a loss, whilst beginner traders can go into a chatic godzilla-like tantrum? No, it's not because they're...
Hey Traders, How many times in your trading career have you had a set up that you are so confident in and is so clean that you just enter it without checking for confirmations? How many times have you seen price retract into a demand or supply area with so much force that you simply think it cannot go wrong? This trade setup right here is a prime example of why...