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1) YOU MUST DEVELOP DISCIPLINE: The hardest rule to follow, yet the most important of all.
2) KNOW WHY YOU TRADE: We all trade for different reason as well as we all are in positions for different reasons.
Live daringly, boldly, fearlessly. Taste the relish to be found in competition - in having put forth the best within you.
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If you started trading #forex this year and haven’t given up yet nor blow out your whole account then you’re way ahead of the game!
Have a great week ahead traders!
Watch Aussie reverse from here lol. Reversal sponsored by liquidity hunter stop loss, you’re welcome!
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Going over the $AUDUSD trade: I have a long bias so what did I wait for? I waited for a break above Monday high which I got. 1st entry was at the Monday high, 2nd was a entered a market just below Monday range. 3rd was a limit order at 50% of Monday range.
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Fair enough, you win some you lose some.
Would it be a trade I take again? YES because it fitted my criteria and strategy.
What did I learn form this? That sometimes things just don’t go the way you want. Don’t change your strategy because it didn’t work once or twice.
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