Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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A new trader often thinks:
"How much can I make?"
An experienced trader thinks:
"How much can I lose if I'm wrong?"
That difference in thinking can completely change your trading.
You're paying £££'s for basic education, get the complete playbook here
"How much can I make?"
An experienced trader thinks:
"How much can I lose if I'm wrong?"
That difference in thinking can completely change your trading.
You're paying £££'s for basic education, get the complete playbook here
Tradewithkog
Knights of Gold | Forex Education
The exact framework that took traders from confused to confident and funded. Expert guidance, daily plans, and proven strategies.
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Evening Thought:
At the moment there is so much crap on social media its almost concerning. Some are shouting 3-5yrs experience and then fooling traders into paying for signals. The legends of this game took more time than that to become profitable traders, and we think this 25yr old with 3yrs in the game has all the answers. All I'm saying is, think, think before you start following some of this circus that they've created.
Much of trading is about mindset and psychology, then discipline, money management and patience etc. That's 70-80% of your game. When focus shifts to just targets, mindset is adjusted, almost like tunnel vision, you're seeing one thing ahead and ignoring your peripheral vision. Nothing wrong with asking how to trade towards a target, but asking how to trade the target is what the question most are after. That can only be answered by you! How much chart time are you putting in, are you identifying the key levels, the trends, the ranges. Where is the target? At resistance, support, top or bottom of the trend?
If a 30pip drawdown makes you stress and put's your account under pressure, sorry, give up on this dream! Certain things I'm not going to sugar coat. The game is hard team, social media has made you think you can give up your 9-5 and become rich with your £100 accounts.
Don't be that trader, that's 95% of them out there holding on to someone who will give them the secret recipe, the signals that will retire their parents and buy them a house while they spend their days driving up to the marina in their Lamborghini for the afternoon yacht party.
Learn how to trade! How do we know it works, because we've created traders through this process, we're not herding sheep. It works because I've seen people leave this server as successful traders. It works because we have full time traders who are also sharing their knowledge and trade ideas and are here to be part of a community. Put in the work, start with your discipline and your ability to read what the market is telling you.
At the moment there is so much crap on social media its almost concerning. Some are shouting 3-5yrs experience and then fooling traders into paying for signals. The legends of this game took more time than that to become profitable traders, and we think this 25yr old with 3yrs in the game has all the answers. All I'm saying is, think, think before you start following some of this circus that they've created.
Much of trading is about mindset and psychology, then discipline, money management and patience etc. That's 70-80% of your game. When focus shifts to just targets, mindset is adjusted, almost like tunnel vision, you're seeing one thing ahead and ignoring your peripheral vision. Nothing wrong with asking how to trade towards a target, but asking how to trade the target is what the question most are after. That can only be answered by you! How much chart time are you putting in, are you identifying the key levels, the trends, the ranges. Where is the target? At resistance, support, top or bottom of the trend?
If a 30pip drawdown makes you stress and put's your account under pressure, sorry, give up on this dream! Certain things I'm not going to sugar coat. The game is hard team, social media has made you think you can give up your 9-5 and become rich with your £100 accounts.
Don't be that trader, that's 95% of them out there holding on to someone who will give them the secret recipe, the signals that will retire their parents and buy them a house while they spend their days driving up to the marina in their Lamborghini for the afternoon yacht party.
Learn how to trade! How do we know it works, because we've created traders through this process, we're not herding sheep. It works because I've seen people leave this server as successful traders. It works because we have full time traders who are also sharing their knowledge and trade ideas and are here to be part of a community. Put in the work, start with your discipline and your ability to read what the market is telling you.
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Last day of the month, and tomorrow is the first day of a new month so we're taking it easy. It's a time when data can be played with as institutions will be closing off positions for the month and what they don't finish today they'll do tomorrow. We had that trade from yesterday where I said I'll leave a runner with open TP, it's still going so not much to report on.
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