Trading Psychology Tips | GBP/USD Swing Trade Update
In todays live forex trading video we covered an update on our remaining bonus position on our live forex swing trade GBP/USD we took last time. We already posted few forex trade videos on our live forex trade GBP/USD but in todays video we covered in depth our trading mindset, psychology and our thinking process behind having a successful long-term forex swing trade running. Staying in your forex trades (either swing, day trading or scalping positions) for a longer time is great way for practising your discipline and patience. Not every forex trade will run in your favour forever, but you have to take to take advantage of big market moves by staying in your forex trades and manage your trades smart, trailing your stop loss over major forex support and resistance zones and by observing forex price action and market behaviour. Being a forex swing trader is great way to learn the discipline and patience. Practice on each and every trade to become a better forex or futures trader. Practice makes perfect.
Learning to trade the markets is an investment in yourself. You can become successful forex trader if you practice your skills and mindset for a long time. Becoming a successful swing trader, day trader or scalping trader is possible if you have simple, powerful forex trading strategy, if you manage the risk and have right trading psychology.
Swing the forex market (or stock or futures market) take little bit less of time, but once you become great swing trader you will be able to pull pips, returns out of the market consistently.In this live forex swing trading video you will learn how to approach the markets on daily basis using the market structure, patterns, price action and behaviour.
In forex trading you will have winning and losing trades, but what is important is that your learn to accept your losing trades and focus on the next trade without getting emotionally attached to winning or losing trades. Your trading success as a forex swing trader or day trader is not measured by making one or few trades, but over your consistency on the long-term and trying to be best trader as possible in present moment.
Our live forex swing trading, scalping and day trading videos covers technical analysis, price action on forex pairs using the high-timeframes and market environement explaining why we took, and how we will manage our live forex trades.
Simple trading approach with powerful money management rules and simple trading rules combined with right trading mindset, psychology is the key to long-term success in trading forex. Risk management rules and correct trading psychology is our best trading edge, once we learnt to read the price action and market behaviour.
Our top-down appraoch and forex trades videos are done on multiple time frames as Weekly, Daily, 4 Hourly charts. We post forex swing trades and day trade videos every week.
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We wish YOU a lot of health and success in new trading week!
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