Best Way To Trade Forex Profitably

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Best Way To Trade Forex Profitably

Best Way To Trade Forex Profitably

Trading defines my lifestyle and my profitable forex strategy makes my fortune. It is for this reason that I have invested many years of my life in learning how to trade. But that is nothing, in fact there is much more.

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I never stop learning and trading is the job that saved me from darkness. So, I have every reason in the world to never stop progressing and earning properly.

I still remember when I was a beginner. 10-30 points in profit as well as in loss caused me problems. There was still a long way to go, and I still knew nothing about trading. I studied so relentlessly and determinedly, to the point of exhaustion.

But things change and with time and dedication I built my future. As a direct result, they became a trading mentor for Profiting.Me students.

Like everyone else, I started shopping by looking for what was available online for free. But, of course, I realized that whatever is available is useful. This is because everything available to beginners only provides some details that are not related to real money making. They are nothing. They don’t show where the money is and they don’t explain how to get to that money.

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My awards are the result of many years of suffering, sacrifice and hard work. Every income I earn is pay for all those years of dedication.

Money comes and changes our minds. This is an important step. Stop focusing on useful thoughts, but look for money. Do it.

With practice and the right mindset, our efforts will create value. As we move forward, by repeating and repeating the right things, we will realize that we have consistently and consistently become profitable.

Best Way To Trade Forex Profitably

I trade penny stocks, forex, futures, stocks and ETFs. With the exception of Penny stocks, which I trade with a different approach, I am a supply and demand trader. But I am talking about my way of using supply and demand trading.

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My supply and demand trading is a profitable forex strategy that really brings me wealth. As a result, I’m here to explain how and why it works for me, and maybe for you.

For most people, trading is very subjective. Everyone trades as they wish. But only a few of them are really profitable, constantly and consistently. Instead, most of them are used for risky trades for a few pips of profit, taking a lot of risk. Maybe even without a special trading plan.

What most people actually forget is that every trade is a risk. Then it is best to make only those trades that can give a great reward with an acceptable risk.

I get a big prize and that’s my goal. I never risk a deal with another target. I NEVER risk a trade to get a few points of profit. If I close a trade with a profit of 10-50 points, it means that my trading plan has failed.

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Not all of my trades yield the expected reward. However, my account is growing. This is because some of the trades I risk operate on very large price swings. Something like a 5% or 10% price change.

The biggest growth in my account comes from just a few properly closed trades. Making money by trading supply and demand

Supply and demand trading shows where the best chances for a trend reversal are. This is the most profitable trading strategy. This gives the advantage of being able to skip anything that doesn’t offer good input.

Best Way To Trade Forex Profitably

This may seem controversial because very large price ranges (thousands of points) show trends. Then, the trends within them pay big rewards. But if the price range is relatively small, it only carries a big risk.

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Anyone can make money trading Forex and everyone bases their trades on what they see in the current market. No one is smarter than the market.

But without a clear understanding of Price Action the trader will fail. This is always the case, using any simple or complex Forex system.

If a trader is looking for a simple Forex system, he can have and use it. But he must understand that it requires dedication and hard work.

I use supply and demand trading in a very simple way. No difficulties. No shortcuts for usefulness, no metrics for usefulness. There is no difference in utility or other things that people tell you that you add for trading. All these things are rubbish.

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I throw out everything that makes me lose money and makes trading really boring. I base my trading on Price Action, then Trending and Unbalancing.

But don’t think that being able to recognize imbalances makes you profitable. Only promotional pricing can make you consistently and consistently profitable in the long run.

Price Action is everything. If you do it right, you’ll never have to worry about money again. NEVER AGAIN! Any trader who wants to be successful must have a good understanding of price action in order to study diligently. Full stop.

Best Way To Trade Forex Profitably

If you are not interested in Price Action, you can add whatever you want to the chart. But, unfortunately, you will systematically fail.

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Supply and demand trading is a great resource. It shows entry points with the lowest possible risk and is extremely accurate.

But keep in mind that the price exists because of the desire for an imbalance between supply and demand. So what determines the trend is the preponderance of supply and demand.

Buyers and sellers who can place large orders are especially market makers. Supply and demand trading shows where their orders are, and therefore where their money is.

Here I will show you some of my important trades and a brief description of them. As you can see, these are very profitable trades, especially since I don’t trade with a lot of leverage. These trades show you how to measure trader success. These are some very profitable trades because they show a specific trading plan. They keep increasing their account balance because they have great success.

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XAUUSD fell hard. First of all, I bought it in a dip with a perfect entry point. I waited 20 days for consolidation. Eventually the price came back and then reached my target. So this Buy trade gave me +5014 points of realized profit.

Later, the price ended up reversing the surge. The price reached my lowest order, but I missed placing the highest entry order. I sold and only had one store to sell. As a result, this sell trade brought me +9177 points of realized profit.

XPDUSD converged and then started price consolidation. I bought a bit high, not the best entry point. I waited patiently for a few days and eventually the buyers raised the price to my target. As a result, my Buy trade gave me +385 points of realized profit.

Best Way To Trade Forex Profitably

XAGUSD fell hard, as did gold. Then I bought on the dip with several stores. I closed the high with a small profit and ran the low for almost 20 days. Then, after price consolidation, new buyers pushed the price up to my target price. As a result, the Buy trade paid me +118 points of realized profit.

Only Take A Trade If It Passes This 5 Step Test

USDMXN was pulling back and I had an order ready to catch the end of the recovery. My entry point was perfect. The buyers were waiting for it, and then my Buy trade took advantage of it and went up significantly. As a result, my Buy trade gave me +7565 points of realized profit. Additionally, buyers continued to push the price higher, marking a new high in the trading scenario.

EURCAD has crashed and my buy order has been waiting there for days. Finally the price rallied, filling my order, but unfortunately I bought high. Then it wasn’t a perfect entry. So the trade followed my trading plan and a strong momentum pushed the price towards my target. As a result, my Buy trade gave me +458 points of realized profit.

Dedicated study and proper practice can put anyone in the right mindset in the long run. This is very important because it provides everything you need to properly manage your investments.

The two most important things for which the right mindset is fundamental are trade size and risk management. Then, to train the mind to manage risk and emotions, it is best to use a size plan.

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Trading is a discipline, apply some important rules from time to time. Discipline is what we get if we have a size plan and a growth plan.

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