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Discipline

AUDJPY - Possible Opportunity? When people decide to learn how to trade, it’s usually because they have been fed this idea that trading will be the answer to all their financial troubles. Yet for me personally, that idea couldn't be further from the truth. Now I am not saying that trading cannot give you a better life or offer you more time to do the things you love, but rather that troubles, be it financial, personal, or even relational are an inevitable part of life and no amount of money can dispute that. The moment you are able to accept this reality, the easier your journey will become. Too many people look to trading as the answer to their troubles, yet if you, not careful trading can very easily contribute to your existing challenges. So for those of you looking to take trading up as a profession, remember, it’s not going to solve all of your problems, in the early parts of your journey you may experience levels of frustration that you never knew you could feel. You will be faced with decisions that may even drive you insane, "should I buy or should I sell? Maybe I should stay out; but what if I'm right? HAAAAAAAAA" But if you continue to commit, if you continue to persevere, the journey will get easier. You will feel happier, you will learn to accept that you don't have to have all the answers and that you don't have to be right to be successful. You just have to endure, persevere, and commit, and that will help you live a better, happier, and more fulfilled life. With all that being said over here we are looking at the AUDJPY for a potential short. As with many things in trading, there is no certainty, only probability, and based on my trading system I find that there is tremendous opportunity to short the AUDJPY. The reasons are as follows: 1. Price is on a key Area of Value (AOV) 2. Potential 2nd touch at the top of the daily ascending channel. 3. Intra-day triple top. 4. 1H ascending channel. These are the 4 key reasons that shaped my bias for this pair. However, I would like to ask that you share your thoughts, and please feel free to ask as many questions. For more information check out: www.wealthtip.co.za
by DeanMuller
A few words about time management How do you planing your day? If you look like Jack you should think about time management! Benefits of Time Management The ability to manage your time effectively is important. Good time management leads to improved efficiency and productivity, less stress, and more success in life. Here are some benefits of managing time effectively: 1. Stress relief Making and following a task schedule reduces anxiety. As you check off items on your “to-do” list, you can see that you are making tangible progress. This helps you avoid feeling stressed out with worry about whether you’re getting things done. 2. More time Good time management gives you extra time to spend in your daily life. People who can time-manage effectively enjoy having more time to spend on hobbies or other personal pursuits. 3. More opportunities Managing time well leads to more opportunities and less time wasted on trivial activities. Good time management skills are key qualities that employers look for. The ability to prioritize and schedule work is extremely desirable for any organization. 4. Ability to realize goals Individuals who practice good time management are able to better achieve goals and objectives, and do so in a shorter length of time. Thanks for your support! Take care of yourself!))
Education
by Yuriy_Bishko
8
💡 Discipline vs Motivation 💡Welcome friends!💋 What's more important to you: Discipline or Motivation? Today we'll talk about it.😊 There are two main ways to force yourself to do something: ⚡ the first, most popular, is try to motivate yourself; ⚡ the second, less popular, is to develop self - discipline. What's the difference?🧐 Motivation is based on the erroneous assumption, that a specific mental or emotional state is needed to complete a task. Discipline separates activity from moods and feelings and thus bypasses the problem. The consequences are staggering. Simply put, you don't have to wait until you'll in Olympic form to start training. No, you train to achieve this form!!!! Why discipline is more important than motivation ? IMHO🧐 Chasing motivation means, that we need to do only what we're in the mood for. The trick is to cut the connection between feelings and actions, to do right thing anyway. You will feel good and energetic afterwards. To achieve success with only motivation is the wrong way. You risk losing your enthusiasm very quickly. Since real life in the real world sometimes requires people to do things that can't always be done only with enthusiasm, sometimes willpower is needed. Motivatio n has a tiny shelf life and needs to be constantly updated. Motivation is not the best foundation for your normal daily activities, and it is unlikely to help you achieve long-term results. Discipline is a motor, that once started and constantly supplies energy to You. For consistent, long-term results, discipline trumps motivation. Discipline is when you do something even when you're not in your best condition. Discipline is more or less permanent, and motivation is fleeting. How to develop discipline? 🧐 You need to acquiring habits - starting with small, even micro ones, gaining momentum, using them to make further changes in daily life. THE MAIN ADVICE TO YOU: Even if it's difficult for you - fight!🔥 The hardest fight is the fight with yourself! But the victory would be so sweet💪🏻 Thanks for Your attention🙏🏻 Stay in touch🧡 Sincerely yours Rocket Bomb 🚀💣 My first two chapters of free manual . Links below👇🏻 ENGOY YOUR LEARNING 🚀💣
BITSTAMP:BTCUSDEducation
by RocketBomb
25
AUDJPY AnalysisHello traders! As the new trading week approaches soon, I wish you all a very pipful, and successful trading week ahead. Please follow trading plans, rules, manage risks and remain consistent. Outlook on AUDJPY for this week: the structural integrity of the asset's price action shows a failure to commit on the buyers. thus, I am expecting a sell-side imbalance seeking to absorb internal range liquidity. should this assumption be validated, i am expecting a manipulation to the upside before selling. If this is given, then I will be looking to short this asset from a lower time frame, with a manageable risk and a decent reward. I invite all to like, comment share concerns and opinions and follow Remember, trade safe, and trade based on rules not feelings. Regards.
Short
by Fx_Viking
Potential Trend Continuation - Daily Interval - USDJPYHello Success Traders, The currency pair (USDJPY) is manifesting the formation of a "cup and handle" formation. Considering the prevalent uproar (bullish) in PA (Price Action), a probable correction with the next few days, to then a significant spurge into bullish territory to re-contest previous relative highs. (Long Term Bullish, Relative Short). Be Diligent and Stick To Your Trading Plan*** Not Investment Advice. For Educational and Analytical Purposes Only. -LionGate
Long
by LionGate