Latest posts
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Using Fibonacci Levels as Trading Compass
Hey there, fellow trader! Let me share with you a trick I’ve learned that helps me stay steady amidst the ups and downs of the market: Fibonacci retracement levels. They might sound fancy, but they’re actually pretty simple and super useful. Okay, imagine you’re watching a stock climb higher and higher. It’s like riding a Read more
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Why XAUUSD (Gold) Can Be an Account Killer
Let me explain something important: if you want to succeed in trading, you need to treat it like a serious business, not like a game of chance. It’s crucial to have a plan, understand how markets work, what affects them, and keep up with the latest news. That’s why I avoid trading gold or any Read more
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The Power Trio: Accumulation, Manipulation, and Distribution
Hey everyone in the trading community! Today, I want to stress the significance of understanding a few key concepts that are crucial for navigating the markets effectively. Seriously, without grasping these, you might feel a bit lost. Let me break it down for you: knowing about accumulation, manipulation, and distribution is super important when you’re Read more
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How Long Should You Hold a Trade?
Let’s dive into a super important topic: how long to hold onto a trade. Now, if you’re just stepping into the thrilling world of forex, brace yourself for a wild ride of ups, downs, and more twists than a mystery novel. Let me share a little something that’s worked wonders for me. When I first Read more
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Emotions and the Power of Journaling
Alright, fellow traders, gather ’round and let me share some truths about forex. If I can succeed, so can you. I’m no stranger to hard work, I’m relentless in pursuing my goals, no matter the obstacles. Dedication? You better believe it’s a cornerstone of my approach. But let’s not sugarcoat it – I’ve got my Read more
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FOMO: The Trader’s Nemesis and How to Defeat It
Let’s have a heart-to-heart about something that’s probably crossed all our minds: FOMO, or the fear of missing out. It’s that nagging feeling when you see others making trades and you worry you’re missing out on the next big opportunity. For me, FOMO was more than just a hurdle – it was a full-on obstacle Read more
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