Fx Vicar

Fx Vicar Full time forex/crypto trader & mentor

Mentorship available
No signals/investment.

17/09/2022

If the thing you wish to do is right, and you believe in it,
go ahead and do it!
Put your dream across, and never mind
what "they" say if you meet with temporary defeat

16/09/2022

Successful traders know that cutting your losses actively, before they get too large and
unmanageable, is the only way

15/09/2022

In this business, protecting yourself and acting in your own best interest is so much more
important than taking a chance. It’s not even close.
I can’t stress that enough.

15/09/2022

A sure sign that greed is influencing your trading decisions is when you do not
take profits, even though the price has already reached your take profit level.

Although you might be able to get a bigger winner every now and then, what
really happens is that you will constantly give back profits and cut your winners.
Over the long term this can even turn a good trading system into a losing one.

Always stick to the plan you made before you entered the trade. Don't listen to
the greedy voice in your head that pops up once you are in a trade

14/09/2022

If you notice that you constantly miss trades, although they meet all your entry
criteria, you should decrease your risk.

Eliminating the possibility to risk a
substantial amount of money will usually help decrease the impact of fear based trading errors.
After you have gained confidence and trust your trading
strategy you can slowly increase trade size until you find your threshold.

Printing out your trading rules and checking them off one by one can also help
with eliminating fear of entering trades

13/09/2022

Repeating what you did on the last profitable trade you had?

That's called consistency πŸ‘πŸ‘πŸ‘

13/09/2022

Consistency is really more important than perfection

Strive for that

11/09/2022

Some people are good in risk management but they sucks when it come to trade management

If you are good technical analyst, you can take good entries, you have knowledge of the markets but you don't know how to manage a trade there's a little chance that you'll be profitable because of your trade management.

Don't always rush to move your SL to BE once you're in profits
Learn how to move your SLs

Always move your SL to BE once price breaks a recent high/low
Always take partials on every major high/low.

Good luck as the market is about to open πŸ‘‹

Address

Festac
Lagos
102312

Telephone

+2347016773127

Website

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