The Forex Boss

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The Forex Boss

Making money at the forex market can be so easy if you have the right signals. Make the right decision and subscribe to Boss Signal Service!

You always wanted to start trading but didn't have the know-how? Then this is the place to be for you! Here you get the necessary information you need for beeing successful at the forex market.

29/04/2020

❌ There is no comfort zone when you seek success!
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If you think it will happen without work, hustle and discomfort, you are totally wrong! Doesn’t work like that.
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You have to exit your comfort zone, get studying, backtesting, investing in yourself and doing everything towards becoming a better person.
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If we speak of trading, you really have to put in the work and I have said it many times! So think how you spend your time and how much of it is in your comfort zone - this will determine your success!
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Our services:
📈 Signals Premium Subscription - $199/mo
📚 Price Action Mastery - online course and mentorship

25/04/2020

🧘🏻‍♂️ It’s you versus your emotions.
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😠 Did you ever find yourself blaming the market for stealing your money or for not going in the direction you predicted? If yes, you’ve got a problem that has to be taken care of in order for you to become a proficient trader.
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⚖️ Keeping your emotions in check is the best thing you can do! The market is neutral. It doesn’t want to take from you or give to you. You take from the market or you give to it. As Warren Buffet says: “The market is a device for transfering money from the impatient to the patient”. That’s it!
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🤷🏻‍♂️ What can you do? Accept the possibility of a loss. Accept that the price may not move in your direction. Accept that you may be wrong. Trade from a neutral perspective and see your trading flourish!
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❓ How do you deal with your emotions?
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Our services:
📈 Signals Premium Subscription - $199/mo
📚 Price Action Mastery - online course and mentorship

21/04/2020

🧐 Do these points appeal to you?
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As much as these points can be a beautiful reality, it will take a lot of time to achieve success as a trader. There are many hurdles that you have to overcome! Nothing comes easily and for free!
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Trading can provide you with a lot of wonderful benefits. When you develop a systematic approach, your trading gets to a point when it’s automatic and it even feels “boring” at times. You spend 15 mins in the morning and that’s it! Then you have all the freedom to work on other hustles, investments and have fun!
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A good thing is that you become a portable ATM! The amounts that can be made are ridiculous and we'd say infinite. There are 7 Trillion $ being exhanged per day, so what is stopping you from taking some of that massive pie?
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❓What motivates you the most to trade?

20/04/2020

👊🏻 Ever felt like giving up?
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📖 Think of all the time you have spent learning and working on your craft. Are you quitting after all of this? Of course not! Quitting is not an option. You have to persist until you succeed. Your end goal should be the top, so keep climbing! Your story is still unfolding...
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❓How do you deal with discouraging moments?
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Our services:
📈 Signals Premium Subscription - $199/mo
📚 Price Action Mastery - online course and mentorship

18/04/2020

💰 Are you motivated by big gains?
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🛡 If yes, you might have trouble sooner or later. A key component for successful trading is that you MUST protect your capital. Protect it ferociously! Because it is what will keep you in the game, not the big rewards you are seeking.
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🚀 If you are able to switch your mindset to thinking in terms of account protection, rather than potential gains, your trading will skyrocket!
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📚 Losing less is a skill itself, equal to making money. There must be a balance between these 2 major skills, which is hard to achieve, but once you get it, nothing will stop you.
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❓Comment below if you agree with us!

17/04/2020

📈 Correlation is a crucial part of your trading arsenal!
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🚀 Making sure that the correlation of a pair you are about to trade has the odds in your favour can give a boost to your win rate! How do you check that?
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✅ Very simple. Just check the positively and negatively correlated pairs of the pair you are about to trade. If they move in their supposed direction, you have a green light!
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🚨 If two oppositely correlated pairs move in the same direction, this means something isn’t right. Better stay away, check fundamentals and other pairs that may give you a hint about what’s happening.
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❓ Are you using correlations? What are other positively correlated pairs you know?
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Our services:
📈 Signals Premium Subscription - $199/mo
📚 Price Action Mastery - online course and mentorship

13/04/2020

Trading is a solo game!
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🧘🏻‍♂️ It might be hard and disheartening, but that’s the truth. It’s you against the market and your biggest friend is yourself and your mentality!
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💪🏻 The journey is tough and at times you might want to give up, but it’s already too late. You are in this game for the long run and you will for sure come out as a person you never imagined you could be!
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🔥 Keep working on your craft! You won’t regret it!
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Our services:
📈 Signals Premium Subscription - $199/mo
📚 Price Action Mastery - online course and mentorship

11/04/2020

🤔 Are you fearful from losses?
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❗️ If you are, then you are in trouble! Fear of losing is one of the biggest struggles a trader will have to overcome. If before entering a trade you are fearful of the potential loss, your emotions will trigger a defensive mechanism. This mechanism wnats to make sure you are not losing. This leads to holding losing trades for too long until your brain realizes that the floating loss is becoming bigger with every pip and you can’t take it anymore and finish with a gigantic loss.
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⚖️ What could be done? Determine your risk per trade - in pips or dollar value. Put a Stop Loss level in place and accept the potential loss. That’s the hack! Over a sample size of 50 trades, you’ll be winner if you correctly use RRR!
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❓How do you deal with fear?

09/04/2020

🧘🏻‍♂️ It is absolutely normal to make mistakes!
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What matters though is that you don’t repeat the same mistake twice, as then it’s not a mistake, but a choice. There are numerous mistakes that we all go through when we are starting out with trading:
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1️⃣ Not writing down a trading plan. We all started with a random trade. But as you learn the ins and outs and all the basic stuff, you’ve got to become somewhat systematic. You can’t be profitable if you don’t know what you are looking for!
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2️⃣ Using big leverages. It doesn’t work guys! Your account will get blown with the slightest floating loss. If you follow strict risk management, you will NEVER need a leverage above 1:50.
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3️⃣ You can’t turn $100 into $10k with just a few high risk trades. DO NOT obtain the gambling mindset - trading is not a lottery!
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4️⃣ You are not supposed to trade every day. You should trade only when there is an opportunity, which can occur once in a week or even a month! Looking for trades everyday leads to overtrading, which is detrimental for your account.
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5️⃣ If you want to be successful in trading, equip yourself with patience and growth mindset. It won’t happen in a month. It’s hard to make it happen for a year as well, so don’t rush!
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❓ What mistakes are you making/used to make? Anything to add to the list?

07/04/2020

⏳ Time is ticking...
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📊 Becoming a Forex trader will take quite some time, so if you are still sitting and pondering whether you should start, just do it! There is never a “perfect” time to start an activity and if you think there is, then you are possibly going to come up with reasons not to start and postpone it constantly.
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✅ Now is the time to take action! Especially during the current situation, most of people have plenty of time on their hands. Use that time wisely. Learn something that will be beneficial for you in the future!
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❓ How do you spend time during quarantine?
👇🏻 Let us know in the comments below!

06/04/2020

🚫 Do not base your trading on beliefs!
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🔎 Base it on pure technical knowledge, while being detached from fear and greed - that’s when your trading performance will shift. Be in a constant conversation with the market and listen carefully. It will always tell you when to enter, exit or hold.
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🧘🏻‍♂️ Be objective. Be open-minded. Be neutral. Carefree and relaxed.
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The Forex Boss services:
📈 Signals Premium Subscription - $199/mo
📚 Price Action Mastery - online course and mentorship

05/04/2020

✏️ Being a day trader is hard. Here are some rules to help you out!
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☀️ Plan your trades from the morning and make sure to stick to your plan through the day. Don’t rush into last minute decisions. Usually this is a sign of FOMO and won’t turn out well!
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🚨 Manage your risk super strictly. Do not let emotions get over you! Carefully calculate your risk per position and make sure to use a Stop Loss!
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🙏🏻 Always feel satisfied with available profits, because the market can quickly take them away from you. If you achieve your daily target, close the trades and call it a day. Respect your losses as well. They will always happen and it’s a part of the process.
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The Forex Boss services:
📈 Signals Premium Subscription - $199/mo
📚 Price Action Mastery - online course and mentorship

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http://www.theforexboss.com/

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