hey wanna make bank in forex trading gotta have discipline patience and emotional control these skills are key to sticking to your trading plan keeping your cool during wild market swings and not letting your emotions drive your trading decisions to stay focused and disciplined in the face of market volatility try setting some clear goals and limits avoiding impulsive trades and keeping track of your progress in a trading jou
rnal and when things get too crazy don’t be afraid to take a break and come back with a fresh mindset so keep your head in the game stay chill and get ready to crush it in the forex markets!
I think (not letting your emotions drive your trading decisions) is the hardest part.
Although it’s hard (sometimes unbelievably hard) but yet, it’s still essential.
There might be some steps that help you stay focused and consistent in your trading.
I completely agree with you that forex trading is a mix of both winning and losing. It’s essential to understand that losses are a part of the trading process and that it’s natural to experience them but stay motivated is a bit hard.
For me it would be my equity curve. I view my equity curve the same way I view the market itself. The ideal condition being an up trend of course. Every time I lose trades, I look at the dip on my equity curve and be like, “Its just a retracement. Soon the up trend will resume.”
The whole of March, my equity curve was in a down trend and I was like " A reversal is coming soon". And it did at the beginning of April.
I just try to take it easy, ya know.
Thinking about transience of life, every little sh1t seems stupid
A good solution that I learned from others is to focus on the long term. This approach has worked for me.