I am trading fiat currencies for last four years. While I started getting in touch with trading industry I finnished high school and after high school I was continuing mechanical engineering university and got diploma.
My life changed when I realised engineering is not for me. I was wrong for 6 years learning engineering because I was listening my parents and friends what should I do. I was always embraced on how to make money without any boss who is paying me fixed, low salary for my hard work. Iâve seen myself in finance business, so I decided to learn how to trade forex.
On my trading journey i bought a several forex courses, signal services, looking on Youtube for best strategy, listen to some âforex gurusâ but there was no consistency and profitability which is crucial for long term success. After plenty of researches of losing and winning money I finally became stable and successful because of developing my own strategy.
I wish I knew all this secrets from first hand and I wish I knew a mentor, who really helped me with progress. If you are willing to succeed in trading then I am glad to help you and share my whole knowledge, strategy and mistakes which i did.
âTHE GOAL OF A SUCCESSFUL TRADER IS TO MAKE PERCENTAGES AND NOT PIPSâ
I absolutely agree with you. This is why I like to be a part of each begginers story. Iâm helping them with their progress through my academy. Because, most courses today, you can buy via internet and nobody can provide you longterm success (marketing promising words are not included here lol). Longterm success is what you can get from someone through process you are going through.
Most people give up because they are guessing and trying different ways. These days there has no one a time to give a damn explanation on what you did wrong, when you try something that was promised100% usefull. This is my answer on ââcomplaningââ to remember everyone who is reading my description and opinion.
Great point. I would certainly fully agree. But, there is a long road until you are able to reach a point where you can think only about percentages and not pips.
When I was trading pips, I wasnât able to achieve that good results. The problem here is that you have to stop looking at; how many pips are you able to make versus are you ready to risk 1% to your trade or even less because your price action tells you potencial buy/sell no matter if the currency will go up for 50 or 300 pips, you will risk same amount of money (for example 1%)
You can trade on higher timeframe, and you will make on slow pair few pips, but still 1%. And then you will make on the other currency pair double more pips and same 1% because your price action knowledge and risk management tells you exactly where do you have to set up your Stop Loss and target.
For example,: Fast moving currency pairs tells you to achieve 200 pips but your stop loss might me on H4 100 pips
Get it!?