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Let's all have a blue pipful month the BFA WAY!! 💙💙🛫🛫

Bank your profits here💰

USDCAD textbook move, inverse h&s. Use proper risk management

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Benjamin Forex Academy.

How some weeks look in trading.

It’ll definitely be a while before South Africans can properly distinguish between trading and gambling on the market.

Making profits in the short term is different than managing profitability over time, and you can’t achieve profitability over time by bending your trading rules for any reason such as feeling lucky and therefore increasing your lot size.

Ask yourself, realistically, am I using the lot size? Am I willing to risk this much to possibly make this much? With the risk I’m applying on my account, could I take a series of losing trades at any given point? Is this money I’m depending on?

1. Using the right lot size is one of the crucial parts of your trading. For instance, for a $1000 account, lot size 0.03 would allow you to expose around 3% of your balance on most currency pair trades you open (this may differ on indices, metals, crypto, etc.

2. Being realistic with yourself is important. The moment you enter a trade, you’re exposing yourself at risk, you just have to decide how much. While profiting in a short space of time is possible, but real trading is being profitable over time, like any other business. Losses and wins will be randomly distributed.

3. You can have a series of losses at any time, just like you can have a series of wins at any time. If your strategy works, and you know what you’re doing, and you’re in the right head-space, numbers will balance over time.

4. Trading with money you’re depending on can affect your trading decisions. Trading with money you’re depending on can sometimes make you feel like losing days/weeks/months don’t/shouldn’t exist and you’d start falling into over-trading, even when markets clearly aren’t allowing.

Is it a bad week? Go out, relax and try again next week. Remember: numbers will balance!

Is it a good week? Congratulations, keep on keeping on🙏🏼🎉🥳

Contact us @BenjaminForexAcademy and let us know how your week went. We’d love to know!

Have a great weekend!
The BFA team💙

The CADJPY broke the 105.831 and possibly going for the 107.543 level. Ready for buys

Use proper risk management

GBPNZD continuation setup. Use proper risk management

This is a 320 pip move

55 pips up💰

Drag stop losses at least 20 pips above entry and let it run✅

This one has been moving quite slowly but we’re still at it📌

Let's go!!🔥

Please share your results to @benjaminforexacademy

On the move🚀🚀

CADJPY approaching TP✅

Hello winners!

We hope you’re eating too🍽 please continue sharing your results to @benjaminforexacademy💙

TP smashed✅💰

It’s a great week in the signal group! 342 pips closed while the GBPCHF is currently running on 100.

Let us take care of the analysis and entries while you learn from us and focusing on bettering yourself in the financial markets. Ask our team about how our Blue Membership (R500/ $27 community fee p/m) can help you.

Contact us:
Telephone: 0343122276
WhatsApp: 0631025977
Email: info@benjaminforexacademy.co.za

Drag stop losses higher to secure profit