THERE ARE NO SUCH THING AS GUARANTEED SUCCESS BUT…

There is no single formula for success for trading in the financial markets. Think of the markets as being like the ocean and the trader as a surfer. Surfing requires talent, balance, patience, proper equipment and mindfulness of your surroundings. Would you go into water that had dangerous rip tides or was shark-infested? Hopefully not. Be well equipped.

ATTITUDE TOWARDS TRADING

The attitude to trading in the forex markets is no different. By blending good analysis with effective implementation, your success rate will improve dramatically and, like many skill sets, good trading comes from a combination of talent and hard work. Here are the four strategies to serve you well in all markets, but in this article we will focus on the forex markets. – by investopedia.

Patience

Once you know what to expect from your system, have the patience to wait for the price to reach the levels that your system indicates for either the point of entry or exit. If your system indicates an entry at a certain level but the market never reaches it, then move on to the next opportunity. There will always be another trade.

Discipline

Discipline is the ability to be patient – to sit on your hands until your system triggers an action point. Sometimes, the price action won’t reach your anticipated price point. At this time, you must have the discipline to believe in your system and not to second-guess it. Discipline is also the ability to pull the trigger when your system indicates to do so. This is especially true for stop losses.

Objectivity

Objectivity or “emotional detachment” also depends on the reliability of your system or methodology. If you have a system that provides entry and exit levels that you find reliable, you don’t need to become emotional or allow yourself to be influenced by the opinion of pundits. Your system should be reliable enough so that you can be confident in acting on its signals.

Realistic Expectations

Even though the market can sometimes make a much bigger move than you anticipate, being realistic means that you cannot expect to invest $250 in your trading account and make $1,000 each trade. Although there is no such thing as a “safe” trading timeframe, a short-term mindset may involve smaller risks if the trader exercises discipline in picking trades. This is also known as the tradeoff between risk and reward.

SAMPLE OF WHAT WE DO AND HOW WE DO IT

SEE THE CHART CAREFULLY; THERE ARE NUMBER OF THINGS TO THINK BEFORE YOU JUMP INTO A TRADE.

  • Indicators – showing overvalued and undervalued positions
  • MA – Moving averages – showing critical support and resistance
  • Fractals – assisting you in identifying good entries
  • Support & Resistance – assisting you in get the profits target correct and indicative

Well the above is just an example of what we do and how we do it; WE ARE ALWAYS ensuring traders are well trained and guided before jumping into currency trading…TODAY THE IBARRA FAMILY TOGETHER WITH FINWAZE have launched pioneer program on – How to trade like a Pro for Free!! * (Pay only for food and venue). Call Sharon-  09199104104 for more information – our next class is on – July 27, 28 & 29 2019. 

ENJOY YOUR JOURNEY AS A TRADER AND BELIEVE IN YOURSELF AND NOT LISTEN TO OTHERS AND GET CAUGHT IN SCAMS AND OTHER UNREALISTIC RETURNS!!

High Risk Investment Warning:

Please note that Forex and other leveraged trading involves significant risk of loss, It is not suitable for all traders and you should make sure you understand the risks involved, it is recommended that you seek an independent advice, if necessary.

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