Don't be afraid to get it wrong! What most traders do:
Over think
Hesitate
Regret
Plan your trade, you're hardly ever going to get the exact level at the exact time with pin point entries.
Plan, then execute, don't be a afraid, have the confidence to test the levels by reducing your risk, lots sizes are important. You can increase the SL by decreasing the lots size. A great saying "your entry should be someone else's stop loss"
Focus on the process, not the money! You'll make far greater progress. We all get it wrong, but when you learn to manage trades its very hard to blow an account. Trust me on this, it's just practice and consistency with extreme discipline
KOG
Over think
Hesitate
Regret
Plan your trade, you're hardly ever going to get the exact level at the exact time with pin point entries.
Plan, then execute, don't be a afraid, have the confidence to test the levels by reducing your risk, lots sizes are important. You can increase the SL by decreasing the lots size. A great saying "your entry should be someone else's stop loss"
Focus on the process, not the money! You'll make far greater progress. We all get it wrong, but when you learn to manage trades its very hard to blow an account. Trust me on this, it's just practice and consistency with extreme discipline
KOG
Levels are levels:
Really home in on this please. Price is always a tug of war between buyers and sellers. They're all looking at the same thing, it hasn't changed for decades, levels! This is where your mind set comes in as well as your money, risk and trade management. "Before you become a trader, become a manager of risk". When we say "nothing wrong with testing the levels" it's because at most key levels you will get a reaction in price. These reactions will give you a return if you get the entry and the exit right...We're showing you the levels and we're giving you the analysis, we're telling as much as we can about what the price is going to do, you just need to adjust your mindset, remove your fear, control your lots sizes and make sure you have a risk model in place.
Really home in on this please. Price is always a tug of war between buyers and sellers. They're all looking at the same thing, it hasn't changed for decades, levels! This is where your mind set comes in as well as your money, risk and trade management. "Before you become a trader, become a manager of risk". When we say "nothing wrong with testing the levels" it's because at most key levels you will get a reaction in price. These reactions will give you a return if you get the entry and the exit right...We're showing you the levels and we're giving you the analysis, we're telling as much as we can about what the price is going to do, you just need to adjust your mindset, remove your fear, control your lots sizes and make sure you have a risk model in place.
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
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90-95 was expected, level to level scalps only for the longs for today
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We appreciated all your likes, follows and comments. Give us a follow, share the group and keep up to date with KOG.
https://t.me/KnightsofGold
Find us on:
Website: Join us here π
www.knightsofgold.co.uk
There is an option to contact us on the the website if you have any queries
Email:
contactknightsofgold@gmail.com
https://www.instagram.com/knights_of_gold/
https://twitter.com/KnightsOfGold2
https://hmarkets.com/live-account-pre-registration/?refid=11771&cmp=8d3x4m1u&ent=hm
We appreciated all your likes, follows and comments. Give us a follow, share the group and keep up to date with KOG.
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
We trade level to level. Follow at your own risk. Always use a sensible stop loss. Strictly for educational purposes, not trading advice. We are showing you what we analyse and how we trade the markets.
Would like to see this attempt a little higher, so either take it or manage your trades