he most important factor for a completed Forex trade is a mindset
The most important factor for a completed trade in Forex It’s the mentality, so the completed trade now has done it goes to 19 exactly, I’m pretty sure the spread and all it did says it went up so the trade is completed, so we’re out there and we don’t stay and say okay maybe that’s going to go up to 20 it was a binary trade We were in this trade from 20 seconds until June 6th.
The most important factor for a completed Forex trade is a mindset
Great Forex Trading sends you another clear candle and they do the same thing, so once you start to notice the rhythm on the second day, they may give you a little run for your money, and they may or may not do the second day.
They might go well maybe they’ll just go, and then on the third day they’ll test you, and on the fourth day, they’ll test you on the fifth day, wow, on the sixth day, get a little bit of Priya, you can breathe a little bit, you’ll be fine and then this day, you Like let’s go now.
Do all Forex trades happen this way?
This day you may have some people seeing that this is the strategy, also think about the psychological, uh, psychological drama that happens because some people could have arrived here and seen this market after going up in the market the number of days that the price went up, they understand On a smaller time frame.
They don’t pay attention to the fact that this market has been up continuously for about eight days, 10 days, so they want to get five points, and you might as well have been in the trade and then boom, I turned around the Forex market today on Forex trading very aggressively.
What is the fundamental purpose of trading this way?
I fell back in this way, oh my God, basically to where we were again the same thing, and one might say well what’s the point of trading this way right because if I could go in here, I took this bag here, I took that bag and you would, and you should, Because that’s the flexibility you have when you know how to explore.
The whole point is you can still scout and still do what you want but at the same time by having that big picture, I don’t know why my voice cracks when having that big picture at the end of understanding what’s going on will allow you to click on that big picture it takes more It is a measure that requires emotional flexibility and mental flexibility.
You must come up with a plan for binary trading in Forex
And it comes out to a plan once you have the plan, it’s like I’m going to let that happen, we’re not looking at portfolio prices fluctuating we’re strictly looking at this move, well, we’re strictly looking to see what’s going to happen, so thank you for watching this video has been designed to give you more knowledge on how to manage emotions on a bilateral level.
The binary trade that we had recently in May to June on the US dollar, and then also managing those conversations, what those conversations could look like on top of that, and the other thing is I shared with you my first trade, my first trade ever the story so even Next time make sure you are trading safe and pay attention where you need the right place in Forex.
Example of income levels involved in Forex
I mean I have clients of all kinds of income levels we’re not just talking about the mum who makes a thousand pounds a year with one Forex, we’re talking about the dad who makes £350 with Forex trading, so the different income areas are one of the same The areas we should all start with are the basics A lot of people are surprised when they see someone earning 350,000 or 500,000 tickets right and they assume that’s a lot of money.
The problem may be that earning that money doesn’t have the same weight as learning how to keep that money. Money and learning how to properly multiply it, so what I’m saying is that often before clients learn about ways we can help them, let’s just say we take this example of a client who makes 350,000 a year.
Splitting taxes in Forex trades
Okay now we’re talking about we’re not going to split the taxes Okay, so let’s not have to do that part so 350 a year just to go with me here which is about 30 a month but we’ll call it 29 Okay, so let’s just say this person brings in £29,000 a month now.
It’s one of the things we’re kindly taught in America to rely on a certain kind of debt cycle. Okay, so that’s £29,000 a month now you know he needs a Forex deal that maybe his car is let’s call it 1500 forex deal is 1500 now they have to pay a mortgage on the deal their mortgage is 5000 now we’re very quickly close to 10 here.
Summary
This is the price of the the forex trading boom and now they have to put what they have to do is what they have to do, they have to put their kids in school where their tuition is, keep in mind they have forex trading, their tuition is $11,000 per month per forex currency This is a large amount and we have already finished 10 thousand.
