The 3 most important things you need from Forex indicators as a trader
This is the article about the top 3 things you need from Forex indicators as a trader I want to give people as much as I can in their search for some great indicators that they can put into their trading system because I was like I’m going to go in Don’t do it, do that, just do the right thing, We get it, every trader wants to do it, I’m about to go, don’t do it, just don’t do it, I know it, I get it, trust me, I get it There will always be another opportunity to trade Forex.
The 3 most important things you need from Forex indicators as a trader
I wanted to give you as much as I could first before we moved on to something else and I feel like, I did that but I backed away from trading psychology for that very reason because I didn’t want to open a whole other door before I gave people enough to work with.
Firstly if it makes sense to those of you, there’s more time to read meaningless Forex articles, I’ve given you enough to go out and find the perfect indicators for your trading system.
A risk and money management strategy that you can put into Forex
Now I have shown you that there is the number one indicator on the planet in Forex trading and you should know how to use it, then I have also shown you that there are 12 indicators that everyone uses that you should not use to make sure you avoid them at all costs.
Let’s talk about it four um I think we four are very deep so the negative emotions are emotional which allows the negative emotions to override the logic, okay, and the last time I traded this pair, it burned me so I don’t want to trade this pair again.
Negative feelings do not necessarily mean a lack of confidence in Forex
Emotions are negative doesn’t necessarily mean confidence because we need emotions but we don’t want to play into negative emotions, so uh having a routine, and that’s the importance of having a ritual that comes every day according to certain guidelines like in our workouts.
We’re going to 21 ads before you start training even in points plus points and also in our ultimate forex training, Forex Freedom quickly as well, so that you have these mental strategies to control yourself before you start your trading day okay, check in with yourself emotionally and say wait what Which is happening.
Ensure that you are prepared to perform well in Forex
I want to make sure that I’m prepared to perform and do what I need to do in this market right, so two three four emotional being the emotional deficiency in us, we’ll say lack of knowledge or lack of information a lot of times, let’s just say you watched a video on YouTube and they were talking About Forex currency pairs. Then I said, Okay, Ezdihar. They said: Forex currency pairs. All I’m about to do is search for Forex currency pairs.
Forex trading speed slows down well because there are levels to it just because you understand how to recognize a forex trading pattern now, what you do when you trade it, how you trade it, what is the position size, how much capital you allocate now that if you trade it, what is the plan Your actual trading.
The danger of lack of knowledge for a Forex trader
It’s just a lack of knowledge on the other side we got one piece that’s no different from sports, so I love basketball I just got to know basketball and I’m very excited, will I take it? You can take a snapshot but it’s also the basics, so if you want to develop some kind of consistent profitability, you learn the blueprint.
I think we got about five and then we’ll do another article to complete the remaining five just to give you reasons why when I was going through my journal I wasn’t profitable or it took longer than I think it should take uh to get to a profitable point uh just based on these things.
Can I modify Forex trades and learn ways to fix them?
It’s very simple, right, the answer is the problem, and the question is the answer. Instead, lack of knowledge means let me invest in my education, let me read books, let me take courses, and let me connect with reputable trading mentors.
I don’t just connect with the 20-year-old who drives a Lamborghini because I know mentally, let’s be real, let’s stop playing these games and grow up, let’s stop playing these games and thinking this guy is going to teach me everything I know because he drives a car.
Use distinction and definition in Forex trades
Let’s stop this like literally listen to what they’re saying use discernment and you’ll know what most of these mentors do and no shadow I mean most of them and that’s one of the independence and that’s one of the reasons why some of my students or clients have a different journey with profitability because they rely so heavily on the idea of trading a person Others want confirmation they want to know what you are trading.
What do you think about this that’s okay at first but as you progress in the community a lot of what I know from what I’ve seen from some of the traders I have different paths to teach so some of those mentors may have come through MLM I’ve never been involved in MLM, So I don’t know what it’s like to have a bunch of people around me trying to figure out how to trade.
Summary
At the same time at the time I didn’t have that experience, that was a lot of courage, no glory, you know what I mean like it’s in the dark in Forex trading now, I have trading partners over the years that we’ve shared information but it wasn’t the less, the main purpose of Forex trading is for the trader to be independent.