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www.knightsofgold.co.uk
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www.knightsofgold.co.uk
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Emotional Control:
Managing emotions is crucial for success in trading. Nearly 90% of a trader's success hinges on keeping emotions in check during market volatility.
Risk Management:
A well-defined risk management plan is essential. Traders need to determine how much risk they're willing to take for a certain profit.
Strategy Consistency:
Sticking to a strategy is important. Constantly changing strategies can lead to confusion and losses.
Entry and Exit Points:
Predefining entry and exit points before initiating trades can help reduce emotional decision-making.
Research:
Analyzing historical data, technical indicators, and market conditions is vital for making informed trading decisions.
Discipline:
Successful trading relies on sticking to a trading plan and maintaining discipline, regardless of market emotions.
Managing emotions is crucial for success in trading. Nearly 90% of a trader's success hinges on keeping emotions in check during market volatility.
Risk Management:
A well-defined risk management plan is essential. Traders need to determine how much risk they're willing to take for a certain profit.
Strategy Consistency:
Sticking to a strategy is important. Constantly changing strategies can lead to confusion and losses.
Entry and Exit Points:
Predefining entry and exit points before initiating trades can help reduce emotional decision-making.
Research:
Analyzing historical data, technical indicators, and market conditions is vital for making informed trading decisions.
Discipline:
Successful trading relies on sticking to a trading plan and maintaining discipline, regardless of market emotions.
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There are 6 categories above, out of that Discipline, Risk management, and emotional control are the only things that I have no control over. I can teach and show you the strategy, I can do the research, and the Red boxes (which are my levels on an indicator) can show you entry and exit points. The rest is up to you, work on the things I can't teach you and the things I can teach and show you will become apparent
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We may get bounces but we're not relying on this completing that move at the moment. We're happy with the short and want to see how the lower levels react
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Knights of Gold (Gold/FOREX Analysis/Trade ideas)
Photo
Just to be clear, this move was enough for us for today. If they take it up we're happy to let it go
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Otherwise we will wait lower
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Please support us and the free channel by hitting the like/boost π button π on our Tradingview ideas.
Join us here: π
www.knightsofgold.co.uk
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www.knightsofgold.co.uk
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β€16
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
https://www.tradingview.com/chart/XAUUSD/Jv6IFwBU-THE-KOG-REPORT-Update/
That's us done for the week here team. Those long, protect and manage, our target level is completed here. π
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You can already see what we share for free on this channel just on Gold alone. Its more accurate and detailed than many paid groups on TradingView and Telegram, imagine what we do in Camelot across all the other Pairs!
We take you Level to Level, point to point, up and down hitting targets with illustrated movement. Detailed analysis, detailed daily reviews with key levels and KOG Reports that have reputation in this industry. Excalibur (our Algo) guides us as well as our EA and red box trading strategy.
Please do us a favour, follow us on our social media channels and please hit the boost button on the Tradingview ideas.
KOG
We take you Level to Level, point to point, up and down hitting targets with illustrated movement. Detailed analysis, detailed daily reviews with key levels and KOG Reports that have reputation in this industry. Excalibur (our Algo) guides us as well as our EA and red box trading strategy.
Please do us a favour, follow us on our social media channels and please hit the boost button on the Tradingview ideas.
KOG
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