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8 Lessons After 10,000 Hours Of Live Forex Trading (Beginner Trading Mistakes To Avoid)





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In this video I share my experience with live trading and reveal the most important lessons I’ve learned in the past 12 years, after …

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50 Comentários

  1. 1. Dont only focus on entry point. Focus on the whole strategy, TP, SL, etc

    2. Some indicators only works on a few markets conditions. MA only in trend, fails in consolidation. stoch or RSI are more effective in ranges, not in trend. momentum like MACD works best in trends, not in consolidations and pullbacks.

    3. If you prefer trading breakouts, combo price actions, trend lines, MA, SR. No need to add oscilators

    4. Always honor stop orders. Dont move it once you place them. Risk management is important.

    5. Stop overcomplicate your trading strategy. Keep your charts clean

    6. Stop watching your profit and loss during live trade. Keep your eyes off them, because they create psychological/emotional pain. Focus on making trade management and makin the right in-trade decisions

    7. trading success doesn't happend overnight. It's a high level skill takes years to develop. It takes roughly 10,000 hours to master a skill – Malcolm Gladwell

    8. Avoid rule breaking and repeating mistakes. Analyze the whole setup and avoid making the same mistakes

    9. You need mental toughness. Even though you feel dIscouraged, anxious, fearful when losing trades, do not make losing capital affect your judgement.

  2. Plz make a video on placing stop loss correctly. Market hits my stop loss and goes in my way. But when is give it enough room i get a bigger loss😅

  3. As of a week ago, my account increased 23% on profit and so far this past month I have been on a secondary level for nearly 53% after Starting with a capital of $3,000 trading forex with Feliciafx_trades on lnstagram. All I can say is I appreciate her effort because what she has done for me is beyond what I can express on note. I'm so happy I retired happy and stress free.

  4. 😆 yeah… That's me! You really nailed the noob errors. Thank you, I'm gonna turn my trading around.

  5. I really love your teaching style and explanations. They are so easy to follow and understand. Thank you for your guidance and willingness to share your knowledge!!

  6. I can't stop working with Sir Silverster Wilfred, he has been a blessing before and after the pandemic, yes indeed I trust his strategy.

  7. Stocks are good but I swapped and invested in forex and cryptocurrency I've been earning much from it 💵

  8. What system do you actually use? What algorithm? For example, candles, HA candles, moving avg, ema's, stoch, macd etc, if you dont mind sharing.

  9. My mindset with Forex is I don't take it serious enough! Tnx for sharing your years of experience-great tips.

  10. Secret mind .. reveal something from equity live derivative
    It's show
    OI, CHANGE IN OI, BID PRICE, NET CHANGE, VOLUME
    Nd also effect of economics event on intraday .. especially for bank nd finance

  11. How to manage risk: call your internet provider to put the service on pause till your trade hits either SL or TP.

  12. Thanks to those who referred Silvester to me, reached him last two weeks and I did invested, yes I got my profit, he is good in trading, and yes his responds to messages so swift, I reached him via his mail.

  13. Bitcoin trading right now will be at every wise individuals list💵. In 2years you'll be ecstatic with the decision you made today

  14. It also took me some years… I'm glad you finally learned form those mistake that yes, are sooo common and sometimes soo difficuly to get rid of. After big losses, you leave or you get tougher, more patient, more precise, more focused. After all, it's a great job and we love it. Cheers form Italy 👍

  15. Experience doesn't beat everything. There are people who have been trying to trade for decades and still fail miserably, while others are making 7 figures a couple of years in. There are a lot of PERSONAL factors. Someone who is more intelligent, disciplined and has a better skillset than you is likely to not need at all as much experience

  16. There's a lot of Forex channels out there but this, this channels is the most informative and educative I've ever watched.

  17. Forex trading seems to be really difficult, i have studied and made good analysis on the market, i've also used trading bots and yet i still make loses, it's really frustrating but i'm gonna keep my head up on it cos i see alot of people winning from the forex market.

  18. does anyone know what charting system and presentation system he is using? it is so nice that i want to use it in my uni presentation

  19. 🧡💛💚💙 Awesome videos. We love all teh short-term price action videos thankyou 🧡💛💚💙

  20. I've had my channel for awhile, recently started making videos again, I love trading, and I've just got to say you have a freakishly awesome channel! One of the few out there that actually give good advice.

  21. You provide some of the best trading content on the web. Newer traders have no idea how lucky they are.

  22. i see the coment sxn below…not worthy..but apprecieate you..always upload a video with uniqueness . always awaits you bro. do not ever demoralize with such comments..just think some people are awiting to kisten you….