Or in other words how to fuck your life starting with forex

Thinking every trade is going to look like this

Joining on the first broker that entices you

Not watching news and spread
Also not setting any hard stop

Over trading

Not backtesting and having a plan

I’m staying in, it’s definitely going to turn around on the next candle…

Chickenspicy wrote: Fri Oct 13, 2023 5:27 am Thinking every trade is going to look like this

Instead use the lower timeframe to validate and manage entries
Losses significantly smaller
no stop loss or take profit is need in this method
a hard stop would be smart but usually 1hr + is fine

1 indicator i highly recommend to any starters is pivots because
price only has a certain time and distance it can make
and this allows s/d to be more easily identified

revenge trading