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9 ways to become PROFITABLE as a Forex Trader.

Like always there are various ways and means you can become proactive and successful in the financial market, below are my  unique ways to be profitable and staying Profitable 📈 : 1. Take advantage of special offers and opportunities. 2. Analyze and analyze. 3. Get clear and concise information about trends. whether technical or fundamental analysis. 4. Get feedback from fellow traders by joining communities. 5. Get involved in social media and share your insights and ideas in various forums. 6. Get involved with other traders, this helps you to become better.  7. Always get quality education on a continously level. Never stop learning or becoming Better. 8. Get involved with industry-specific programs. 9. Get involved with a large-scale Forex market.

10 things you should never do as a FOREX TRADER

During my starting point as a FOREX TRADER 7years ago, there are certain things that needed to be put into consideration. Things I wished I knew NOW!  Below are my 10 things you should never do as a FOREX TRADER:  1. Excessive risk taking 2. Not investing in the future( LONG TERM) 3. Trading without proper knowledge and understanding. 4. Not having enough experience. 5. Not enough knowledge to understand how the financial market works.  6. Having too much knowledge and not enough experience. like I said in my last video,knowledge is extremely important and we cannot over emphasise it.  7. Investing for the long term only to find that the investment is not worth the paper it was printed on. 8. Investing in stocks that are not likely to have any value in the future. 9. Investing in securities that you aren't sure of their value.  10. if you don't the proper education, you would be running around in cycles. 

10 THINGS TO DO AS AN AMATUER FOREX TRADER!'

There are so many things an amateur trader needs to know before going into the financial market as a BUSINESS! Just like every other business it needs TIME, DEDICATION & LEARNING! So many to mention, but let me just list a few:   1.  be Patient. 2. Learn about trading. 3. Invest in bonds. 4. follow the trend. 5. Trade on the phone/Tablet/laptop. 6. Learn about Forex 7. Invest in courses. 8. Learn about business 9. Invest in mentors. 10. Trade other financial instruments. These are the few out of thousands out there.!

FOREX 101

  If you want to succeed in trading stop jumping/hopping from one trading strategy to the other, if you continue this way, your actions become inconsistent which will result to More losses in Trading". To be consistent in trading, you need to STICK to one trading strategy, Master it & the become an Authority in it". BECAUSE, Most people don't get rich because: 1: They believe they got to get lucky, or 2: They don't believe they can Both are wrong. (FOREX trading isn't about Luck but your Risk and Money Management) Too much useless information leads to frustration and wasted time. Too little information causes confusion, leading to poor decisions. So, before anything, kindly follow those who are Succeeding and living the lifestyle from this field.

moving average EXPLAINEED!

 what is moving AVERAGE? MOVING AVERAGE:  The moving average is a statistic that shows how often the price of a security changes between the high and low points in its price history. The statistic shows how much of the security's price range is below the average price and how much is above the average. It is a tool that investors use to measure the progress of an market. 5 THINGS YOU SHOULD KNOW AS AN7 AMATEUR FOREX TRADER  1. Research the financial market. 2. Invest in your own financial future. 3. Learn about financial planning and investing. 4. Find a financial support network. 5. Invest in your business.

5 COMMON MISTAKES BY AMATEUR TRADERS!

 There are a number of things that amateur Forex traders should avoid, including making common mistakes that would be made by more experienced traders. See in this business certain mistakes are done at various levels, so it is wise to take caution and safeguard your trading account, 1. Not reading the trade 2. Not following the trade 3. Not staying organized 4. Not taking risks 5. Not learning how to trade

WANT TO BE A SUCESSFUL TRADER? READ THIS 5 STEPS NOW!

 The best way to stay successful as a forex trader depends on your individual goals and preferences. However, some tips on how to stay successful as a forex trader include: 1. Stay organized. Make sure you are keeping up with the latest trends and developments in your industry, and stay up-to-date on your own personal trading strategies. 2. Be proactive. Be proactive and make your own trade strategy, and you'll be able to stay in the market long-term. 3. stay up to date with the latest analytics and financial news. 4. understanding the different types of trading and understand the latest trends.  5. don't over trade!  don't trade what you can't afford to lose

MACD INDICATOR EXPLAINED!

 Often times traders are saddled with the responsibility of  looking for the right tools or indicators to use in the market.  As someone who uses a couple herself to get confirmations before entering any trades. Now lets talk about the MACD. The MACD is a tool that can be used to measure the health of a market. It can be used to show you the current market state in terms of levels, symbols, and candles. It can also help you to understand how much market activity is going on. The MACD tool provides a way to track the performance of different market scenarios. It can track the market conditions, the financial risks, and the market trends. The MACD tool can help you to identify the various market conditions, financial risks, and trend. The tool can also help you to understand how different market scenarios might affect each of these factors. To use the MACD (MOVING AVERAGES CONVIGENCE DIVERGENCE) function, you need to set the range to something within the current trend. For ...

HOW THE SILICON VALLEY BANK AFFECTS THE FINANCIAL MARKET

The silicon Valley Bank is affecting the Forex trading because it is the birthplace of the computer programming language C++.  C++ is a powerful programming language that is used in the modern world of technology.  It is also being used to develop the new market of mobile app development. The things happening in silicon Valley Bank affecting the forex market are the increasing number of FX traders, and the increasing competition among FX providers.  This is why the FX market is still safe for investors, despite recent trends that are looking for FX-focused companies to be more risky and offer more returns.

5 ways to become a successful trader

If you want to be a successful trader read this: The best way to become a successful forex trader may vary depending on your personal skills and experience. However, some tips on how to become a successful forex trader may include: 1. Get involved with an industry-based forum or online community. 2. Be comfortable working with different Forex software programs and platforms. master one and expand on it.  3. Be comfortable working with a fast-paced market analysis position. avoid doing too much. Choose one analysis 👌 4. Be prepared to learn new Forex skills. 5. Be comfortable working in a fast moving environment. 

Forex trading is an important tool for making money.

Forex trading is an important tool for making money.  You can use it to make money on the stock market, make money on the real estate market, make money on the energy market, and more.  However, knowing how to use forex trading is key to success. If you don't know how to trade forex, you're not going to make money.  There are a lot of information out there about forex trading, but this Forex Trading Tips will help you understand it and make money with it. for newbies: There are a few things to keep in mind when trading Forex.   1. First, do your research.  2. Get involved in the market and see what other traders are doing. Be aware, too, of the risks involved in trading Forex. 3. Be sure to have a solid understanding of what you're buying and selling. 4. Get your hands on some real-world assets. This means buying stocks, selling stocks, or taking advantage of market trends.  5. Be patient.  The process of trading Forex can be relatively quick, but it c...

Bar Chart Explained!

What is a BAR CHART??? so many theories about it and sometimes these meaning are confusing, I am going to break it down into the simplest form (that's exactly what I'm known for, taking the hardest of terms and breaking them into simplest form) Opening prices are set by amateurs, whose orders accumulate overnight and hit the market in the morning.  Closing prices are largely set by market professionals who trade throughout the day. You can see a reflection of their conflict in how often opening and closing prices occur at the opposite ends of price bars. The high of each bar marks the maximum power of bulls during that bar.  The low of each bar marks the maximum power of bears during that bar. Slippage tends to be less when you enter or exit positions during short bars!

To be successful than Most trader, read these 3 trading goals!

  Every trader has that one thing they always want more than anything else which is :  MAKING MONEY!  I mean who wouldn't?  The main reason of going into any business is for the main essence of making money! so yes, you cant fault any trader for wanting it for themselves, but with that mentality comes many downfall! There are steps to take before MAKING MONEY in any business. The major thing is like every other business is the PROCESS!!!  There are processes/hierarchy to everything in life and this would not be exempted! I shall share with  you the processes I wished I knew when I started the FINANCIAL MARKET BUSINESS 5years ago! Here are mine top 3 goals to follow accordingly: 1.Develop a money management plan: Your first goal must be long-term survival. 2. Cultivate a steady growth of your Capital. With a solid trading plan and a proper risk management in place it can be ACHIEVED, without you over trading or under tradin...

IF YOU WANT TO BE 5YEARS AHEAD OF MOST TRADERS, READ THIS:

 I remembered in my early years as a TRADER, Things was not as it is NOW! we were part of the people that kept struggling and struggling till i found the cheat code: 1. Forex trading is a business treat it as SUCH! 2. there is not magic formular. 3. PRICE ACTION IS KING 4. Stop wasting Money on so called GURUS! 5. The brokers are not your  FRIEND! 6. STOP LOSS, RISK MANAGEMENT AND MONEY MAMAGEMENT IS UNDER-RATED! 7. You will keep losing money if you treat FOREX as a get rich quick  scheme... 8. KNOW thy LEVERAGE, SLIPPAGE AND COMMISION 9. 3 things to do in the market: when to sell, when to buy and when to not do anything at all! 10.TREND IS YOUR FRIEND

ICHIMOKU CLOUD EXPLAINED!

 As a trader you would always lose money when you constantly trade against the big guns, MVPs, hedge Funds etc. You need to learn when and how to exit the market, often times a lot of retail/amateur traders gets excited with winning trades that they forget it doesn't rain always! Thats why I recommend the ICHIMOKU CLOUD! I'm sure you have heard or seen it all the time, but do you actually know how to use it or what it is used for?  let me break for you. The ICHIMOKU CLOUD helps you to identify when the HEDGE FUNDS, BROKERS and the BANKS are in the market! It helps to safeguard your money. Especially when traders get carried away, forgetting that it doesn't always rain profit in the market, there are times it becomes dry and harmattan! I mean, it's a win and loss business like every other business out there. All you need to do, is use appropriate risk management and money management! like I always tell my students and mentees, there 3 things you can do in the market: 1. ...

FOREX TECHNICAL ANALYSIS REVEALED!

 Several traders have argued against what they thought was the “negative thinking.”  of Losers Anonymous.  A retired woman from Texas, a highly successful trader, described her approach. She is very religious, prays every morning, and then drives to an office where she actively trades. Whenever the market starts moving against her, she cuts her losses very fast because it would not, please the Lord for her to lose His money.  I thought that our methods were similar. The goal is to cut losses due to some objective, external rule.   Trading within a businessman’s risk is like living without alcohol. A trader has to   admit that he is a loser, just as a drunk has to admit that he is an alcoholic. Then he   can begin his journey to recovery!   This is why every morning before trading I suggest saying: “Good morning, My   name is so-and-so, and I am a loser. I have it in me to do make serious progress to my account.”  This is l...

BEHAVIORAL PATTERN!

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The goal of a serious technical analyst is to discover the balance of power between bulls and bears and bet on the winning group.  If bulls are much stronger, you should buy and hold. If bears are much stronger, you should sell and sell short.  If both camps are about equal in strength, a wise trader stands aside. Do you ever stop to wonder where your expected profits will come from? Is there money in the markets because of higher company earnings, or lower interest rates, or a good soybean crop?  The only reason there is money in the markets is that other traders  put it there.  The money you want to make belongs to other people who have no intention of giving it to you. Trading means trying to take money from other people, while they are trying to take yours—that’s why it is such a hard business.  Winning is especially difficult because brokers and floor traders take money from winners and losers alike.

TRADING GOALS AND ITS IMPORTANCE!

A trading goal not written down is still only a thought. ACTION SPEAKS VOLUME ! Do you think writing down your Trading goals is essential to achieving them? I do. Because I have used it and know what it feels not to have a TRADING GOAL & how it works. I don't remember how it started, but it's something I do recommend for everyone. Here’s 5 reasons why: 1) It forces you to clarify what you want. knowing what currency to trade, and what Appropriate time to enter. 2) It will motivate you to take action at the right time. you know TIMING is KEY 🔑 when trading. Having trading goals set is great, but taking action is the only way to achieve them. 3) It provides a filter for other opportunities. Set time for other things as well. The more successful you become, the more opportunities will present themselves.( READ AGAIN SLOWLY) 4) It will help you overcome resistance, OVER TRADING or under TRADING. Every time you strive to achieve a goal you’ll also encounter resistance. Focusing...