Beginner traders indeed have plenty of fears before starting trading. However, overcoming our fears is a great chance to grow and become confident in what you’re doing.💪🏼
Most of people are afraid because they don’t know what will be and what to expect. However, the more you learn about trading, the more you read articles and educate yourself, the surer you become in your actions.
2️⃣The fear of being wrong ➡️There is no correlation of being right and profitable
In trading, being right and gaining profit are not the same things. Don’t be afraid to make a mistake. Instead, try to make a profit from it. When you see that the price goes not the way you’ve predicted, just try to find another approach to benefit from the market’s movements.
In trading, being right and gaining profit are not the same things. Don’t be afraid to make a mistake. Instead, try to make a profit from it. When you see that the price goes not the way you’ve predicted, just try to find another approach to benefit from the market’s movements.
3️⃣The fear of missing the right moment ➡️Place stop orders
Are you afraid of missing possible moves in the market? First, don't be afraid, they will always be. Secondly, use buy stop and sell stop orders so that the trade is opened automatically as soon as the price reaches the desired level.
Are you afraid of missing possible moves in the market? First, don't be afraid, they will always be. Secondly, use buy stop and sell stop orders so that the trade is opened automatically as soon as the price reaches the desired level.
4️⃣The fear of losses ➡️ Trade with money you can afford to lose
Trading is risky, that’s true. That’s why it’s important to trade only with money you can afford to lose. The sum should be comfortable to you whether it will be $1, $50, or $1000.
Trading is risky, that’s true. That’s why it’s important to trade only with money you can afford to lose. The sum should be comfortable to you whether it will be $1, $50, or $1000.
5️⃣Fear of giving back profit ➡️Have a target profit at the reasonable distance
Not everyone has time to monitor the price chart every second. To avoid missing the right moment, set Take Profit order for every trade. It will help you to close the order automatically, preventing you from potential giving back. Remember to set Take Profit reasonably, according to your strategy.
Not everyone has time to monitor the price chart every second. To avoid missing the right moment, set Take Profit order for every trade. It will help you to close the order automatically, preventing you from potential giving back. Remember to set Take Profit reasonably, according to your strategy.
Be ready, market is open ! ⏱
Let’s go for a week full of +Pips ✅
Hoping for another great week of trading!!
For more info on our services, message admin📩
Let’s go for a week full of +Pips ✅
Hoping for another great week of trading!!
For more info on our services, message admin📩
We are starting our day by the name of Almighty Allah. May Allah bless us to kill the market every day.. And able us to give you everyone best works
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I REALLY DONT WANT ANY OF YOU MISS MY TRADE CALL.
I REALLY DONT WANT ANY OF YOU MISS MY TRADE CALL.
GOLD BUY NOW @ 1722 - @ 1720
TP 1: 1724
TP 2: 1726
TP 3: HOLD
SL 1717
Use Proper Money Management. Past Profits do not predict future earnings. Consistency is 🔑
TP 1: 1724
TP 2: 1726
TP 3: HOLD
SL 1717
Use Proper Money Management. Past Profits do not predict future earnings. Consistency is 🔑
XAUUSD BUY NOW @ 1732 - 1729
SL : 1727
TP1 : 1734
TP2 : 1737
TP3 : 1740
SL : 1727
TP1 : 1734
TP2 : 1737
TP3 : 1740