Dominion GOC
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Dominion GOC
TRADE ACTIVE
NAS100 Running 100pips
10 Bad Habits Of Unprofitable Traders


1 They trade too much. The edge that small traders have over institutions, is that they can pick trades carefully and only trade the best trends and entries. The less they trade, the more money they make, because being picky gives traders an edge.
2 Unprofitable traders tend to be trend fighters, always wanting to try to call tops and bottoms. They eventually will be right, but their account will likely be too small by then to really profit from the reversal. Money is made by going with the flow of the river, not paddling upstream against it.
3 Taking small profits quickly and letting losing trades run in the hopes of a bounce back, is a sure path to failure. Profitable traders understand their risk/reward ratio; big wins and small losses. Being quick to take profits while allowing losses to grow, is a sure way to blow up your trading account.
4 Wanting to be right more than wanting to make money will be a very expensive lesson. A trader who doesn’t  want to take losses will most certainly balk at reversing his position because it signifies personal failure. A profitable trader is not afraid to get on the right side of the market to start making money.
5 Unprofitable traders trade too big, and risk too much to make too little. The biggest key to profitability is to avoid big losses. Your wins can be as big as you like, but the losses must be limited.
6 Unprofitable traders watch CNBC for trading ideas.
7 Unprofitable traders want stock picks, while profitable traders want to develop trading plans and systems.
8 Unprofitable traders think trading is about being right. Profitable traders know that profitability is about admitting you are wrong quickly, and being right as long as possible.
9 Unprofitable traders don’t do their homework because they think there is a quick and easy route to trading success.
10 Unprofitable traders #1 question is how much they can make if they are right, while the profitable traders #1 concern is how much they can lose if wrong.
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Great times with our political candidates electioneering. Always a pleasure my brother ❤️
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Quality over Quantity
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Dominion GOC pinned «Welcome to the DominionFX and Dominion GOC (Group of Companies) Where losing stops and winning starts! Join the top 1% of the Top 1%. Choose from: 1. Day Trade 2. Swing Trade 3. Indices 4. Gold 5. Cryptocurrencies 🚀 Welcome to the family of profitable…»
Forwarded from DominionFX VIP
This week I will be separating signals into different channels. Each speciality always ends up profitable at the end of each week.

Channel 1: NAS -US30 ONLY
Channel 2: GOLD ONLY
Channel 3: Currencies Day Trade
Channel 4: SWING Trades
Channel 5: OIL Only

You can choose which instruments and signals suite your trade style and personality.
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Forwarded from DominionFX VIP
25-30 May

SELL GBPUSD -40 ⛔️
BUY NAS +180 pips
SELL EURNZD +30
SELL EURJPY +35
SELL GBPJPY -33⛔️
SELL EURNZD +30
SELL GBPAUD -40 ⛔️
SELL GBPJPY +180
BUY GOLD +40
BUY GBPUSD BE
SELL NAS +120
SELL GOLD BE
SELL GBPJPY +65
SELL USDJPY +45
BUY GOLD +160
SELL NAS + 80
EURNZD -40 ⛔️
GBPUSD -40 (News stopped us out)⛔️
BUY US30 +100
SELL GOLD -80-10⛔️ (News trade caught us out) It went far into profit after this)
BUY US30 +500pips


GREEN PIPS 1560
RED PIPS 283 ⛔️

78% win rate is still good
Not the easiest week last week.

News caught us in last few trades in Friday, happens.

This week we have NFP and lots of news release daily. Keep consistent risk and trade every trade and you will come out profitable. There will always be more trades
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Forwarded from DominionFX VIP
SWING Group has been added as well. 1 SL and 1TP for SWING which maintains RR. Set and forget trades for those with that personality. We average about 5000 pips a month with our swing trades.
Lots action so far in the currency, Indices and Gold group this week with no losses 🔥
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There are two types of traders.

1 Those who makes a sh*t ton of money.
2 Those who…don’t (obviously).

Well, then, what’s the difference between these two?

The answer might surprise you.

It's not all about technical analysis or chasing hot tips.

According to Mark Douglas's book "Trading in the Zone,"
(considered one of the best books on trading)...

The key to success lies within yourself.

Not in any tip, strategy, or tactic.

It’s inside you.

Here are 4 lessons I am taking away after reading his book multiple times:

1. Mindset Matters Most

Forget fancy indicators and market predictions.

Your beliefs about the market heavily influence your trading decisions.

Are you constantly worried about losses?

Do you chase quick wins?

These emotions can lead to impulsive trades and costly mistakes.

"Trading in the Zone" emphasizes developing a winning mindset focused on discipline.

2. Embrace the Unknown

The market is unpredictable. (No sh*t Sherlock, right?)

So, trying to pinpoint every future move is a losing battle.

Successful traders accept this uncertainty and focus on managing risk instead.

This means having clear stop-loss orders and a plan for different market scenarios.

3. Consistency is Your Compass

Long-term success doesn't come from chasing every hot tip.

It requires following a well-defined trading plan with discipline.

Develop a strategy that aligns with your risk tolerance and stick to it, even when emotions run high.

4. Thrive in Uncertainty, Not Despite It

The market's unpredictability isn't your enemy; it's your opportunity.

Your edge comes from managing this uncertainty.

This involves mastering risk management, maintaining emotional control, and adapting your strategy to changing market conditions.

As I’ve said, Mark Douglas goes beyond technical analysis.

His philosophy is about developing the psychological foundation for successful trading.
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How we trade BTC on the weekends ✌🏻
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All negative emotions experienced when trading stems from fear

Your impatience to pass challenges fast stems from a fear of failure

Your greed to shoot for big payouts stems from a fear of not being able to achieve a second payout

Your overtrading stems from a fear of missing out on opportunities

Fear is the root cause of all our psychological barriers on the charts

To remove fear, we must first develop self awareness

To develop self awareness, we must first do the necessary inner work

Journal your emotions as well as your trades

Practice mindfulness through meditation and breathwork etc

Becoming a successful trader isn’t just about mastering a strategy

You need to literally transform into an entirely different person

You need to re-program your mind and re-build your belief system

Yes it takes time but it’s the only way to achieve long lasting success

There are no shortcuts

Remove fear and watch the magic happen
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