As a trader, I have had my fair share of ups and downs. The thrill of a winning trade is something that keeps me going. However, over the years, I have learned that holding onto a winning trade can be just as challenging as entering one. In this article, I will share my experience and tips on how to hold onto winning trades. Strong Reason to Exit Firstly, one of the most important things to consider when holding onto a winning trade is having a strong reason to exit the trade. Before entering a trade, I make sure to have a clear exit strategy in place, and I stick to it. I consider the market ..read more

As a forex trader, I’ve experienced the ebb and flow of the market. It’s a dynamic industry where traders come and go. I’ve seen my fair share of traders who jump in, only to realize it’s not for them and quickly jump back out. Trading is Hard Work Trading in the forex market is hard work. It requires dedication, persistence, and a strong work ethic. I’ve had to put in countless hours of research and analysis to understand the market’s complexities. It can be daunting at times, but I’ve found that the harder I work, the more successful I become. Giving Up is Easy There have been times when I ..read more

It’s been a long journey for me in the trading world, but I am proud to say that I have never stopped trading for the last 7 years. However, it wasn’t an easy journey. For the most part, I was a break-even trader and I had to deal with a lot of frustration and disappointments. But I never lost patience because I knew that success would come someday, and I just needed time. Being a slow learner, I knew that I had no alternative to success other than to keep learning and practicing. I realized that if I was aware of my “downs,” then the “ups” would take care of themselves. I learned that if I co ..read more

Trading can be an exciting and challenging endeavor, but even the most experienced traders face difficulties. Here are the top 4 things most traders find difficult: Working a trade while it pulls back Trying to determine when to move their stop Wanting to max out when the market conditions tell them not to Thinking everyday & every trade should be a winner Working a Trade While it Pulls Back One of the most difficult aspects of trading is managing a trade that is in a temporary pullback. When the market moves against your position, it can be tempting to make impulsive decisions or to aba ..read more

Discover the ins and outs of Forex trade, including what it is, how it works, and how to get started. Read our comprehensive guide now Forex trade, also known as foreign exchange trading, is a rapidly growing market that offers endless opportunities for traders looking to make a profit. In this comprehensive guide, we’ll cover everything you need to know about Forex trade, including what it is, how it works, and how to get started. About forex tradeWhat is Forex Trade and How Does it Work? Forex trade involves buying and selling currencies with the goal of making a profit from changes in excha ..read more

As someone who has been trading for a while, I can attest to the fact that it can be an emotional rollercoaster. The thrill of potentially making big profits can be enticing, but it can also cloud your judgement. I’ve learned that being a successful trader is not about being in the market at all times, but knowing when and why to exit. I used to be guilty of making decisions based on my emotions. Fear of missing out and the desire to recoup losses often led me to impulse trade. But I soon realized that this approach was not sustainable and often resulted in bigger losses. Now, I have the disc ..read more

As a trader, one of the biggest challenges I face is allowing the market to affect my mindset and emotions. I have learned that keeping a clear perspective on my trading is essential to success in the markets. When my emotions take over, it can lead to impulsive decisions and a lack of discipline in sticking to my trading plan. mindset recovery To stay on track, I make sure to periodically review my trading results and identify where I excelled or suffered. This helps me understand what worked well for me and what didn’t, and make adjustments accordingly. One key aspect that I consider is how ..read more

I cannot believe that this is my first blog post of the year. I really should have continued to share my experience. I did not document that does not mean I stopped my journey to be financially free . I shall be counting money like this soon Photo by Karolina Grabowska from Pexels Talking about freedom, I think nowadays it is even easier to make big money than before . You don’t even need your own investment to risk. We have so many prop firms offering us so many opportunities. Granted these are not easy to win but at least the opportunity is there. I myself am in the middle of a challenge no ..read more

Like any one else, 2020 has been the worse year of my life. I have lost my father just 2 months ago. He was the biggest supporter of my trading business. He did not understand what i was doing but had some knowledge how the currency exchange works. Every week he would call me from home and ask in details how it was going. That simple call often time used to work as tonic for my psychology . I never gave up even though it was taking a quite a long time. Photo by Serkan Göktay from Pexels it’s been over 2 months, i haven’t had anyone asked how i’m doing in my Trading. I miss that ..read more

For last two months, i have been struggling in the market. I feel i’m not on the correct state of mind. Market is doing great and it’s thing. Lot of volatility , very ideal to make ton of Pips. But an invisible force is dragging me down , not quite sure what it is. Perhaps it is the lock-down , the pandemic , things around me shuttering which is affecting my mind. I’m little worried about my parents back home in Bangladesh. Covid situation is pretty bad there. Due to their age, they are vulnerable to disease. Worse part, i won’t be able to fly if anything happens. Then comes my day job. I’m ..read more