Forex Trading Kings

  My first year trading fulltime I made $75k.  Fast forward 5 years I’m on pace to make over $1,000,000 this year.  Heres how I did it:  1. Process > Profits Becoming a process-oriented trader greatly benefited my long-term success. I concentrated on identifying good setups and practicing discipline. The profits followed naturally.  2. Dont be greedy To become a consistent trader, I ad to get comfortable with taking profits. Many individuals let their trades turn negative due to greed, always desiring more.  3. Cut your losses. If a trade moves against me, I stick to my plan and cut it, then patiently wait for the next favorable opportunity. I learned the hard way that holding onto losing positions and averaging down led to significant losses early on.  4. Simplicity is key For me, a basic trading plan based on supply and demand has consistently outperformed complex ones relying on multiple indicators and entry systems.  5. Size up slowly As soon as I achieve consistent profits with

  90% of traders can't trade 1 single setup. 7 steps to become a very dangerous trader: 1. Focus on 1 setup - You don't need to catch every market movement, you just need to become great on 1 setup - From now on, your setup = your edge "I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times." - Bruce Lee 2. Save 3-4 examples of your edge - Print some copies next to your PC - Take notes with instructions and details - You will need them to remind yourself the best execution 3. Trade - Follow your edge - Never break your rules - Record at least 10-20 trades Start. Build data. Gain experience . 4. Your trades vs your edge - Compare every trade with your edge - Take notes on mistakes and missed details - Trading mistakes are the best teachers to become a better trader 5. Repeat trades - Trade - Win / Lose - Learn from your mistakes - Repeat A trader who is addicted to repetition is a disciplined trader. 6. Build

 How To Change Your Trading In Just 6 Months : 1. Create the strategy 4 hours per day: - 2 hours of studying price action - 1 hour of backtesting your system - 1 hour of improving your edge Be consistent. Practicing 1 hour per day is much better than practicing 5 hours once a week. 2. Cut the crap - Remove useless indicators, lines and everything that confuse your mind - Focus only on 1 system and/or 1-2 setups Becoming a master of 1 setup is 10x better than being an average trader of 10 setups. 3. Risk management as #1 priority - #1 goal is to survive. If you can survive you can gain skills and experience - Plan your risk per trade, WR and RRR A trader with an average system but great risk management will destroy a trader with the best system but no risk management. 4. Be a trading sniper, not a machine gunner - New traders fail because they think more trades = more gain - Spot most liquid areas, don't fight against the trend, avoid choppy price Let other traders be the the infa

                     7 HACKS TO BOOST YOUR TRADING  If you do it right, trading is the most rewarding business in the world. But most traders don't know how to win consistently for 3+ years. 7 hacks to improve 10x your trading: 1. Focus on risk, not money Most traders focus 100% on money, take big risks, blow big accounts - Focus on risk per trade, WR and RRR to improve your execution - Money is just the tool to get more money 2. More trades =\= More gain - Many traders think you'll have more opportunities if you take more trades - The truth is that you don't need to catch every market movement - Patience for the best opportunities is the best trading skill Wait for liquidity areas. Focus 100%. Win. 3. Plans, systems, rules Become a master of your weapons: - Plan like a genius - Execute systems like a robot - Follow rules like a soldier In trading there are no crystal balls, magic tools and lucky breaks. 4. Focus on the long term, not the short term - You won't be a s

                       Support and Resistance is, in my style of  Trading one of the most important factors. There are hundreds of different types of support or resistance in technical  trading and if you took into account every signal one your charts would be so complicated and messy that you’d more than likely  Keep it simple. Choose a style and stick to it. In my  trading I look at different types of support and resistance with varying levels of importance and I’d use them for different purposes. That being said I use each type of support and resistance in the same way every single time, applying mechanical rules to my trading so my probability edge can be played out over time. The opposite of that would be using a hunch or a feeling to make  trading decisions which is asking for trouble. As your emotions and moods fluctuate your hunches and feeling therefore change, which means you have no way of measuring your edge and expectancy. With no measured expectancy you have no way of