Consistency is key to success in trading! To be consistent, stick to your plan, don't overreact to market swings, and stay disciplined.
Consistency will lead to better results in the long run.
Associated with Pips & Profits Forex Academy, we've finally launched the Pips & Profits Portfolio Management
And in this sub-business
@ReaganDisu
&
@KelvinCassie3
will be the Portfolio Managers
If you have a large capital and don't know where to put it, here's your best shot.
We've launched the Pips & Profits Forex Academy. And in this academy we guide you throughout your journey to the profitability realm.
Keep calm and stay high, let's start to use the Pips to make Profits
Link in bio if interested
Official account:
@_PipsAndProfits
Preparing for the new week:
- Have a trading plan and strategy.
- Understand the markets and assets you're trading.
- Have the right tools and resources.
- Practice trading and learn from your mistakes.
- Have the right mindset for trading.
Wish y'all a good trading week
The Signal Hub will be handled by
@ReaganDisu
and
@King_Domzy
And what are you expecting in the signal group?
👉🏽 HIGH Quality Signals per week
👉🏽 Free Risk Management Course(BONUS)
👉🏽 Free course on how to create a forex account(BONUS)
👉🏽Sign up under our broker(BONUS)
Things to note for the week
1. Start your week with a positive mindset
2. Don't trade what you think, trade what the market presents to you
3. The earlier you realise loss can occur in the market, the the better you become top notch in trading
Happy new week
Preparing for a new trading week
Review your plan, research the market, set goals. Be organized and prepared, but also flexible and adaptable to the ever-changing market conditions.
Remember, your mental and physical health are just as important as your trading strategies
"A limitless journey" is a phrase that suggests a journey or path that has no set boundaries or restrictions. It implies that the path to success, personal growth, or any endeavor is open-ended, without defined limits or constraints.
"A limitless journey" is a phrase that suggests a journey or path that has no set boundaries or restrictions. It implies that the path to success, personal growth, or any endeavor is open-ended, without defined limits or constraints.
Mental health is essential for traders. It leads to better decisions, reduced stress, improved resilience, more focus, and more motivation.
Overall, a healthy mindset is a must for success in the forex market.
Taking a break from forex trading is to set a time limit, plan and prepare, and unplug from the markets completely.
This will help you recharge and come back with a fresh perspective.
Proper risk management is a key for any FX trader.
It involves balancing risk and reward, setting stop-losses, and using sound money management principles. By implementing proper risk management, you can protect your capital and increase your chances of success.
Why you should trade with market structure
- Increased accuracy in predicting price movement
- Early identification of trend changes
- Better risk management
- More opportunities for high-quality trades
Only a few traders understand this. Now I want you to implement this in the coming weeks and surpass your limits
Thank you for 500 followers😊🫶🏽
Ensure you share to your fellow traders
This means that even if you have a win rate of 40% and you keep maintaining your risk properly, you're still going to end in profit
And if you notice, the 4th trade covered all of the losses of the 1st to 3rd trades
With just maintaining minimum of 1:3RR, so it could be more
PERSONAL MENTORSHIP GIVEAWAY!!!
5 slots for 5 lucky persons for a Personal mentorship in the Pips & Profits Forex Academy for 2 WEEKS
First of a kind 😇👋🏼
-How to Qualify
• Follow
@ReaganDisu
• Follow
@_PipsAndProfits
• Follow
@coachfrankegon
• Follow
@KelvinCassie3
•
Avoid common trading mistakes by having a trading plan!
Your trading plan should include your risk tolerance, profit goals, and entry and exit strategies. Don't trade without a plan!
Being dedicated to forex trading means being committed to the process and willing to put in the time and effort to succeed. It means being disciplined, focused, determined, and adaptable. With this level of dedication, success in forex trading is more likely.
You then take your 5th trade, hit SL.. Making total of $40 loss
And you take 6th trade and hit TP... Making total of $60 profit
When you calculate the PNLs, $60-$40 is $20
And that's already on the profit side if you know what I'm saying...
It encourages the idea that one can continually strive for improvement and progress without being constrained by specific boundaries, allowing for ongoing exploration and growth.
Pips & Profits Forex Academy is taking things to the NEXT LEVEL🔝
You don't want mentorship but want to be making money? No problem
We now have the Pips & Profits Signal Hub where you get high quality signals everyday
Now if you're interested send a DM
Let's say your minimum Risk to Reward(R:R) is 1:3
And you risk $10/trade to make $30
You lose 3 Trades in a row and you lose $30
Then you take a 4th trade and hit TP... Which means you've made at least $30 on this trade
And it has covered your losses
Good morning
There are some advantages of taking partials when trading.
- It can help you lock in some profits and reduce the overall risk.
- It allows you to remain in the trade with reduced risk, in case the market moves in your favor.
- It can help you manage your emotions.
Last trading weekend of the year
- This weekend is a great time to reflect on your trading journey.
- Learn from your past and look ahead to the future.
- Enjoy the holiday season and recharge.