Today we are taking a look at the two best and two worst performances by our traders for the past week.
Both two top performers had 46 successful deals out of 84, resulting in a profit of $15,499 and $15,495 each.
The worst performer had 28 unsuccessful deals out of 33, resulting with a loss of $14,693, while the second-worst performer in 6 unsuccessful deals out of 8, lost $10,284.
Trading involves high levels of risk and results are different from day to day. It has endless possibilities and knowledge is a determining factor in your success. It is important for every trader to be in full control over their accounts, by developing their own strategy and by taking into account all factors that might determine an instrument’s price movements.
Enter the lab and find out how you can become a successful trader. #traderXlab#enterthelab
BDswiss partnered up with Eccentric Forex presents our first live FREE webinar on the 21st of September 2019 at 12pm.
Our webinar will include an introduction to Forex as well as BDswiss and Eccentric Forex as entities as well as cover elements of how the market works and lastly Alex Duedari, a seasoned pro trader with decades of experience in CFD / Forex trading and awarded by Barclay Hedge & Investors Choice Award, will give webinar participants an overview the latest market trends, share his personal methodologies and give his unique insights on possible upcoming market opportunities.
All you have to do to qualify for this webinar is join the link provided in my bio or here: [https://chat.whatsapp.com/Eg13JP4hIN2HXMzcu8IKWF] and follow the instructions on the group description.
Additional perks to joining the webinar will be standing a chance to receive free services from Eccentric Forex such as full courses as well as signals.
Share with as many friends and family members possible as this could be your chance to gain access to financial empowerment.
While mastering the market, master your mind! Understand how often you want to trade, your trading style, and how often you’re going to pay yourself! Psychological aspect of trading is just as important as the technical and fundamental aspect💪🏽💯💰🚀📊📈📉 #fxgenius#profitseekers#fxeducation#rollwiththewinners
It looks like I may have been a bit too keen to raise stops on my #GBPCHF position today.
I stuck to my plan and lost 0.3R on the trade, which now looks like it's heading in the direction I expected.
For every trade that goes like this, there are probably 3 that don't and go on to be larger losses.
Overall, I will keep sticking to the plan and will have no regrets about maintaining discipline.
Swipe to the left to the the results!! 🔥Are you struggling with your trading journey? YES 😭 BUT what the solution?? Guys it all takes patience, consistency, and learning.
You need to learn from people who have been in this journey and who is good at it like a beast!! Since we love to help others people! We got you covered 🙌 all you need is education.
DM us and we will give you the best course that affordable and fit your style.
August has been a grind in terms of trading. 2 big wins today has made a huge difference to the month. We have had to persevere and ride out some choppy conditions.
Ultimately patience and belief in the process has paid off.
Trading GBP has been a challenge and this was not a straight forward position.
It's possible that the rhetoric could be turning bullish regarding Brexit and this could have a hugely positive impact on Sterling in the short term.
We try to not to jump in and out of trades too frequently. When we have conviction it's important to do whatever you can to see it through.
Sometimes you will hold positions longer than you want to and the result will be underwhelming. But, it's those trades you hold on to that go on to produce returns that are 2,3,4 or 5 times your initial risk that will make all the difference to your bottom line.
Stay disciplined, resist the urge to over trade and follow your convictions to the end.
Winners of over 2R have been few and far between this month. We hit target on #EURCHF this morning, but that was the first 2R+ trade since our #NZDJPY winner of 3R on the 1st August.
August is always a grind and price action has been choppy.
Despite a lack of trades going to hit target we are still ahead for the month and hoping to improve this in the coming days.
No made up returns, just honest and realistic trading.
My favourite trades from August so far. All four trades were beautiful bear flag plays and as far as structure goes very similar.
Can you pick out the similarities?
1) Bearish flag, and continuation pattern on the daily.
2) Break out of the trendline
3) 4 hour timeframe formation of a lower high or pullback near my entry for a good R:R (remember we put our stops above the last lower high for shorts, or below the last higher low for longs)
4) Most importantly a proper retest below the last higher low.
5) Final take profit at the lows of the flag or where the last counter trend began.
Tomorrow (Aug 16) is the LAST DAY to try our #TradingRoom for free. We have made optimizations and updates in preparation for our launch. The portal is now more user friendly on mobile devices for both Android and Apple OS. -
CADJPY, H&S pattern and retest of the trend line before a drop of 240 pips🔥
4 258 August, 2019
Sekali2 kita belanja sikit la entry cun melecun. Dalam trading forex, istilah pucuk & akar selalu berlegar2 dalam kalangan trader. Semua mencari kawasan yang terbaik untuk “entry” dalam sesuatu pair. Perlu ada ilmu dalam dunia forex ni. #gkfxprimemalaysia menyediakan kelas2 untuk anda belajar tentang forex. Boleh DM atau whatsapp saya kalau tuan/puan berminat. When you know better, you will trade better. Cheers😎👌👍 #forex#forexeducation#fxeducation#gkfxprimemalaysia#gkfxprime#brokerku
4 66 August, 2019
It may not be what you want to hear, but it's true.
If you want to make money from markets you must work hard and educate yourself. @letsjusttrade_fx have 2 experts that have been around the block a few times and can guide you in the right direction.
Switch off from all the noise and be wary of those offering 'easy money'. Register with us to get educational material and quality, risk managed signals.
Swing trading strategy is one of the most popular trading strategies used by the professional trader in the financial industry. Many large institutions and bank trade in the direction of the prevailing trend using the swing trading system for the long term.
Exactly a year ago, I sat and thought to myself I have no direction in life and I do not know which turn to take because I had just finished my first year at the University of Pretoria with really good grades but deregistered as I did not feel like that was the path for me , even though I did not know what path I should take which put a lot of pressure on me and caused my mental health to deteriorate. I then registered to study through UNISA and started to take Forex really seriously, I blew a lot of accounts, more than R50 000 if I'm calculating correctly, however, I did not give up. I went into a corner to perfect my craft and came back consistently profitable. Taught a few friends, and once I saw their success, they encouraged me to start my own business, the idea of helping others through Forex education was sparked and the registration of @eccentricforex came about. In the space of less than a year our company has acquired a client base of over 200 individuals, those who did not give up are now profitable traders whose results I constantly share because they are a true representation of my hard work as well as theirs. I would like to extend my gratitude to everyone that supports my company whether it's by signing up for our services or just promoting it by word of mouth because you believe in our vision. We had 25 individual's lives be touched in 2018 with free courses and lifetime mentorship. Trust me 2019 is going to be a year where we impact more lives, because giving back is one of our core values. Here's to a successful 2019 🔥👑. #forexlessons#forextrading#forextrader#forex#forexlifestyle#forexsignals#forexstrategy#pipsfordays#pips#westaywinning#winningteam#changinglives#financialfreedom#financialempowerment#fx#fxmarket#sniperentries#eccentricforex#thewinningteam#madibas#2019#forex#fx#education#fxeducation#durban#capetown#johannesburg