Pictopip

 I joined fxbook.

 I got a job this month of July. 

Fun and excitement is the first thing anyone experiences when they make their first win except when they lose they let the emotion hang over their heads eventually bringing them down and throwing in the towel. You will always see this disclaimer in any trading broker: "x"% of retail investors lose their money when trading. Its simple. They naturally chase the non-existing unicorn and Lamborghini with not being disciplined, patient and risk-averse. The market was designed for people to lose however there is away if you hone your skills you can get better, just don't give up.  

I remarkably finished my 50th trade as of June, 2020. The journey has not been easy. Whoever said that trading was easy, they weren't wrong - consistency is key. If you came to see how much I made, then you my friend are on the wrong spectrum of thinking. I will instead reveal my %% only if you hover at the percentage symbol. Out of the 50 trades, 39 were wins and 11 loses. I would pat myself on the back since I've taken months to come up with a suitable strategy. Some trades were down precise, others sheer market luck and the rest well, you win some, you lose some. I'm happy with the pips gained. The bottom line to this experience: try focusing your energy on creating a proper strategy on entry + exit and you will reap your rewards eventually.

What is trend trading? Trend trading also known as trend following is a trading strategy which assumes that a security is likely to continue to move in the same direction as it is currently trending. The concept is based on predictability by analyzing the latest price fluctuations and historical trends, a trader can predict the future price patterns to try to capture gains through taking positions along a cycle of expected price movements. This strategy heavily relies on using technical analysis and its components, such as technical indicators and oscillators , chart patterns and trendlines to identify the direction of market momentum. Simply put, trend trading revolves around a trader making purchasing and selling decisions based on trends.  How does trend trading work? Trend trading is simply an approach in which a trader identifies that a trend is in place, enters the market in the direction of the trend and holds the position until the trend reverses. It is done by finding lo...