K_Omotayo

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Active for: 3.2y
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Reason for most of your stop loss is either because of where price is coming from, where price needs to get to or just liquidation.
Mastering psychology of price helps you understand this and position better to avoid unnecessary sl.
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This new month stop repeating the same things that have proven not to work.
Go back to the drawing board, review, and creating an improvement plan for the month.
Happy Sunday💙
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Withdraw $3k from the profits you made last month and buy something nice for yourself. 😉
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That concept you’re complaining about works, you just don’t know how to make it work for you.
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So did you get at least 1% better in July or you can explain?
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So did you get at least 1% better in August or you can explain?
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Consistent profit is the goal.
Thank you July, best trading month so far this year.
Cheers to a more profitable August 🥂
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Profitable entry >>> perfect entry
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I mastered psychology of price and a lot of trading opinions I used to believe no longer resonate with me.
#PsychologyOfPrice
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Repeating what doesn’t work and expecting the result of what works is the beginning of madness.
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You can learn invalidation from your sl.
Your trading will be much better if you pay attention to invalidations.
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Trading is sweet when you actually know what works and consistently milk it.
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The goal is to make consistent profits, which requires:
Consistently executing what works
Consistent review
Consistent improvement
Consistent patience
Consistent discipline …
the moment you stop doing what works you stop getting the results of what works.
You simply can’t afford to be inconsistent.
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Trading is sweet when you actually knows what works and consistently milk it.
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The problem is not forex, the problem is what you know about forex. 🌝
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Same setup
Different convictions
Different trade management
Different results
Your confidence makes the difference and confidence doesn’t come cheap. It’s built trade by trade, from studying to gathering data.
You have to put in the work to build the confidence you need to make the profit you want.
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You can be right and still blow your account.
You’re in good profits and you watch your trade reverse to sl, because you’re convinced price is bullish/bearish, you remove your sl or add more positions… next “gone too soon”
Master psychology of price and you’ll be able to avoid this.
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That shortcut to profitability you’re looking for will first cut your account short, then cut your confidence short and if you’re not strong enough it might cut your life short before it ever cuts your journey to profitability short.
Find your edge, focus on the process.
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It’s one thing to make profits. It’s a different ball game to CONSISTENTLY make profits.
Becoming consistently profitable is the goal.
GM 💙
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There’s this peace of mind that comes with being able to analyze, trade and withdraw without needing external help. Pure bliss
Every trader deserves to experience this.
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