100 Pips A Day Free Download Awesome Forex Trading

Started from the bottom and I finally made it! My tips for new traders starting.

A little background, 23 year old dude from Singapore with IT background (Ethical hacker), friend introduced me to Forex which he eventually quit but I didn't. I love challenges and now I plan on taking up Forex trading as a career apart from my passive income jobs.
When I first started trading, I was frustrated! I had so many unanswered questions, why do I keep getting stopped out? Why are my profits so low? Why was my trades always going opposite only once I opened. Is my broker trading against me? So I paused and walked away from the charts for a few weeks, in that break I took it upon myself to understand more about Forex before opening the charts again and here is what I learned. Mind you, I did not buy any course or Indicators! All I did was read articles on the internet, watch a ton of YouTube videos and tried almost all indicators .

Here we go, my tips. These are based on my views
  1. UNDERSTAND BANKS AND BIG FINANCIALS INSTITUTIONS MOVES THE MARKET - No retail traders will be able to move the market like how the Big Banks move the market. You need to understand how banks move smart money and dumb money.(Will explain more later in the post)
  2. STOP SEARCHING FOR THE HOLY GRAIL - No indicators is going to tell you where is the best entry or best exit. They often lag and are behind time so by the time you enter a trade, the trend has already moved a certain percentage causing you to lose precious pips that you could have gotten as profits. Instead look at the charts to search for "low risk, high probability trades" (Will explain more later in the post)
  3. LOOK OUT FOR NEWS (fundamentals) - Big impact news move the markets with big moves, don't get stopped out because you entered at the wrong time without knowing that there is a high impact news in a few minutes/hours. It might hurt your account badly even through you have a stop-loss. Understand the nature of the news and how it will impact the currency.
  4. DO NOT CHASE PROFITS - Chasing profits will be the number one reason you blow your account because no amount of money will satisfy you, you will always want more. Trust me, I've been there and done that . Instead start looking at percentage earned and loss, because in Forex you need money to make money. Lets say you have a target of 5% a month, with a $1000 account that is only $50 and doesn't seem significant but do that with a $100,000 account and you will get $5000 every month. I think you will get it by now. You can't just open a $1000 account and expect to be a millionaire in 1 month. Greed will take over you and you will blow every account you open.
  5. DO NOT OVER LEVERAGE YOU ACCOUNT - By over leveraging you will be able to open larger lot sizes and you will feel good that you can use less money to earn more profit! Then you will start trading, say you profited your first trade and you feel good about yourself. Profited your second trade and feel even better. So you go bigger in the third trade, and guess what? You lost this trade. And this one loss is enough to wipe out your whole $1000 account.
  6. MORE TRADES DOES NOT GIVE YOU MORE PROFITS - As a trader you should understand not every trade will turn out positive, there will always be negative trades. And at times you can have more negative trade than positive but still end up with profits at the end of the week? This is where quality over quantity trades comes in play. Lets say for example you had 4 losing trades and 2 winning trades, your losing trades are 2% each and your winning trades are 8% each, add them up and you will still have 8% profit. This is also a very important part called risk management. YOU MUST UNDERSTAND RISK MANAGEMENT ELSE YOU WILL ALWAYS FAIL IN FOREX.
  7. NEVER CHASE THE MARKET - Markets move 24/7 from Monday 5 AM to Saturday 5 AM (Singapore time, GMT+8). There will be plenty of opportunity to enter the market. You don't always need to have an open position during this time to feel like a trader. Smart traders look for the best opportunity to enter the market at certain levels. Missed an opportunity, don't worry! There will always be another opportunity, trust me! By chasing the market and always trying to open a position, it will only cause you to blow out your account faster.
  8. PATIENCE PATIENCE PATIENCE - I can't place more emphasis on this point. Once you have analysed the market and placed your trade, be patient and let the market work for you. By you sitting at the screen 24/7, the trade is not going to go by your way magically. Remember Bulls will Profit, Bears will profit, only Pigs will get slaughtered! Don't let greed eat you alive.

Now lets talk about the "low risk, high probability" trades and how I trade. Trading is easy, if you take some time to understand it.

How I trade? That's a simple question. I use supply and demand together with fundamentals. I keep my charts clean off indicators. I know I know as soon as I say supply and demand, some of you are going to be like supply and demand doesn't exist in the currency market. But I hope you understand this are my views.
Supply and Demand
Supply and demand levels are zones that tend to be tested again and again till its broken creating another level for supply and demand. You are basically trading against the trend and I know people will be scared and think I'm dumb for saying. But once I learned this theory and started practicing it, I kicked myself in the bum for being so dumb all this while. This zones are also known for when banks throw large amount of money into the market. Bank traders do not have their screen cluttered with tons of indicators like retail trades who is just in search for the holy grail. They practice supply and demand. Let me put it in a easier context, It is basically buying a currency at wholesale and selling it at a retail price. People always practice this everyday in life like buying more of a certain item just because it is on discount at a supermarket but I don't understand why they neglect it when it comes to Forex. It is no different here in the markets. I am not going to say no more, as I want you to google more about it and understand it yourself, that is the best way you will learn better. Watch YouTube videos, read articles, see how bankers trade, understand why they place the trade.
Also understand that there is no supply and demand in lower time frame like M1 or M5, its just noise. For myself, I use H1/H4/D1.
I make 100-200 pips per week and that is enough for me currently, Remember don't be greedy.
However when there is news events, supply and demand may be ignored due to the nature of how fundamentals affect the market differently. Understand the difference and with that I have came to the end.
Remember to treat yourself once in awhile when you do good each month, You will enjoy trading better. Let me tell you the best part about trading, is that you can work from anywhere in the world, be your own boss and never be pressured by anyone.
If you have made it this far, I thank you for taking your time to read this thread. This may be your first step to success.

HAVE A GREAT WEEKEND AND HAPPY TRADING

submitted by Rishanan to Forex [link] [comments]

How to Trade With the Momentum Indicator Best Forex ... Best Scalping forex Strategy: 100 pips profit per day by ... 100+ Pips Everyday for Free ✔ The ATR Indicator Is The Single Best Indicator Forex ... ★Best Forex Indicator 100+ Pips Everyday - Better than ... Forex (Non repaint) indicator 2019 best forex trading indicator every trade 30 PIPS profit ( FREE ) +100 PIPS a Day BEST FOREX Strategy (LIVE TRADING MENTOR ... ◄ Best Trend Indicator: 100+ Pips ► 100 Pips Profit 90%+ Win Forex Indicators and Strategy  TaniForex Tutorial In Hindi Urdu ★ Awesome free indicator! Get 100 pips daily! ★

As i argue together with you, if you happen to might create 100 Pips some sort of Day, choosing some sort of “”billionaire”” with 3-4 months. Which includes a 100: 1 use and then a $1000 bank account. You may increase ones bank account just about every Day. Offered 3-4 months, you’ve got at the least sixty dealing Days. To make sure you can have $1000*2^60 when 3-4 months. This is a ... Author Forex Trader Posted on July 23, 2016 July 15, 2016 Categories best forex reviews, forex analyses, forex bonus, forex business, forex daily, forex day trading, forex forums, forex gain, forex guide Tags 3 best range forex indicator in sure fire, best entry indicator forex, best forex indicator 1, best forex indicator 1 - signals does not repaint, best forex indicator 100+ pips everyday ... I think The OZ Robot better than Forex 100 Pips A Day System. First time, I used Forex 100 Pips A Day System. Forex 100 Pips A Day System seems to be very critical & many times give fake signals to me. Read Also: How to make 100 pips per day. This best thing about this system is the backup strategy. Even if the traders lose all the 7 trades in 1 week they will still remain at least in the breakeven position at the end of the month if they will follow next trick. Professional traders set a pending Sell stop or Buy Stop order , 100 pips below the 61.8% retracement level in any single pair so ... 100 pips daily scalper indicator free download, 100 pips daily scalper indicator download, 100 pips forex gainer indicator, 100 pips forex gainer indicator free download, 100 pips fx gainer indicator ex4, 100 pips fx gainer indicator free download, 100 pips momentum indicator, 100pips momentum indicator, 100pipsfxgainer indicator mq4, 14 day ... 100 Pips Domination System – Best Free Forex Trading System Dear fellow Forex trader! Start eliminating the stress and emotional factors of Forex trading by obtaining the help of Forex Trading Systems or one of the […] Most Popular forex indicator There are most of the best indicators in the present side of the forex world. Everyone is using the indicator from it’s own interest so that he / she can get the best rank in the forex trading. Some of them want to get the exceed side of the forex trading. There are many other ways to get enrich with the perfect beauty of the trade but some of them always used ...

[index] [12506] [5105] [14681] [4226] [2255] [11729] [23879] [17557] [16910] [15346]

How to Trade With the Momentum Indicator Best Forex ...

This is the best forex scalping strategy i ever use. scalping forex trading is good for short trade. Parabolic Sar Indicator forex trading strategies is the ... How to Trade With the Momentum Indicator Best Forex Trading Strategy So how do we see a trend? What Is A Stop-Loss In Forex Trading? And How Do You Set It? h... ForexGumpUltra The best forex indicator in 2018! The best indicator for scalping! - Duration: 2:06. Андрей Козак 29,720 views Discover the best forex indicator for your trading strategy so you can improve your winning rate and profit Forex Indicator profit with in Forex.The One Indicator That Will Make You a Master at ... ★★★ http://www.FOREXTRENDINDICATORS.com ★★★ - Download this Indicator 100% FREE How to trade Foreign Currencies using Fibonacci Retracements and Fibonacci ... ★Best Forex Indicator 100+ Pips Everyday - Better than Fibonacci Forex Trading - Duration: 1:26. FreeTrendIndicators 118,759 views. 1:26 Best Trend Indicator: 100+ Pips - Duration: ... ★Best Forex Indicator 100+ Pips Everyday - Better than Fibonacci Forex Trading - Duration: 1:26. FreeTrendIndicators 118,534 views. 1:26. Language: English Location: United States ... Join & Copy My Trades Everyday For Life with LIFETIME ACCESS 💰Income-Mentor-Box Academy (Signup) https://www.incomementorbox.com/welcome-page/ 👉Income M... Very profitable and amazing Foreign exchange MT4 Trading platform indicators. 2nd part in this tutorial D1 time frame 100 pips confirm profit secret trick. all information about Best Forex trading ... I have tested thousands. The ATR indicator won. The Average True Range Indicator, or the ATR Indicator for short, if used the right way, is something every F...

http://arab-binary-option.ubacinunwa.tk