People say trading forex is dangerous, i tell them investing in anything you don’t have adequate knowledge of, is deadly.
Guys if you ca
- Market structure
- Order Block and Order Flow
- Imbalance(market inefficiency)
- Liquidity pool.
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Looks like you have done some good trading there. How long have you been trading for? I like it when we share our trades, always worth sharing some that don’t go to plan too. It’s difficult for new traders to accept losses otherwise.
There is no information about order flow if you trade CFDs with a broker since you deal with dealers which quote bid ask prices to you. If you want to dig into order flow strategies you should use futures instead.
It’s not about the real order flow, but about the supply and demand you can see on the charts from wicks, institutional candles, volume and such
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Ya its good to share lose too but sincerely i haven’t recorded loses for a while now, at most, break even
These are my recent trade, its just that i’m not allowed to upload more photos
Well, consistency is good, but the main thing in my opinion is discipline and ability to perceive new information. Of course, some traders don’t even know about these things, because they got used to trade based on their feelings and sometimes on the results of technical analysis. However, if you won’t comply with discipline, then you won’t be able to think about methods which can possibly help you to gain profit from trading activity. All traders are dreaming about one thing. This thing is money and it’s obvious. Thus we shouldn’t think that it’s easy to make money, because it’s not easy at all.
Even I believe that a well-built trading plan is a must. It helps you with proper decision-making and you don’t have to take trials every time with your money. Just analyse the market once and see what is possible and incorporate that into your trading strategy.
There are so many opportunities to explore markets now that I don’t see it as a significant problem at all.
Yes, it does require money. Yes, it can be emotionally challenging. But it provides an active or passive income that is definitely worth pursuing.
Working in the market requires knowledge, concentration and money.
Do you want quick profits without effort?
Stop living the dream.
It’s just not possible.
All investments have a degree of risk. As in any other business. Don’t take this as a reason for not doing it. Approach everything wisely and you will be fine.
Well said! Be it forex or any other type of investment, risk and reward walk hand in hand. That’s why it is important to come up with realistic plans.
Do what you are doing. You are using the right stuff 
The constant/repetitive behaviour of an individual to a set of trading principals is referred to as consistency in trading. This adherence allows the trader to avoid ‘over-trading’ while yet managing risk appropriately. Following a trading plan is one of the many aspects of consistent trading.
Consistency keeps a trader moving forward despite failures. Consistent hard work and trying again and again will make you learn new strategies and manage risks.
A good trading plan and consistency are the two most important aspects of forex trading. Many traders focus on the technical aspects of trading, but if you don’t have a plan or aren’t consistent, you’re likely to be unsuccessful.
Consistency is what differs professional traders from inexperienced ones.