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How I would study the 2022 ICT Mentorship Part 3
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How I would study the 2022 ICT Mentorship Part 4
HOLYGRAIL.
Trading is not a get-rich-quick scheme.
It's a logical fallacy. It is untrue.
It's a bad way of thinking.
It's a load of nonsense.
Work on your Emotional Balance, Patience, and Psychological Stability.
Keep your cool and don't chase Price.
Finally, Sound Risk Management is what allows it all to happen.
You will save a lot of time and money if you manage your risk, and you will be unconcerned about what the Market does to you.
The industry guideline is to risk 2% of your capital per trade. I utilize 1% for each trade position.
But, because you want to show your friends that you're the finest in town with your Rolex watch(es) and fleet of cars, you go home broke.
Be prudent.
Stick to the guidelines.
Human psychology is a food source for the market. You will worry less and build patiently over time after you have the correct Risk Management in place.
With a risk of 1-2 percent of your cash, 25 pips per week guarantees 3-6 percent in a month. That's a good place to start.
With a capital of $1,000, you will be a millionaire in USD in ten years.
Take advantage of such discipline. Greed should be avoided.
There is no other way to put it.
Adieu.
Credit: Joe
Trading is not a get-rich-quick scheme.
It's a logical fallacy. It is untrue.
It's a bad way of thinking.
It's a load of nonsense.
Work on your Emotional Balance, Patience, and Psychological Stability.
Keep your cool and don't chase Price.
Finally, Sound Risk Management is what allows it all to happen.
You will save a lot of time and money if you manage your risk, and you will be unconcerned about what the Market does to you.
The industry guideline is to risk 2% of your capital per trade. I utilize 1% for each trade position.
But, because you want to show your friends that you're the finest in town with your Rolex watch(es) and fleet of cars, you go home broke.
Be prudent.
Stick to the guidelines.
Human psychology is a food source for the market. You will worry less and build patiently over time after you have the correct Risk Management in place.
With a risk of 1-2 percent of your cash, 25 pips per week guarantees 3-6 percent in a month. That's a good place to start.
With a capital of $1,000, you will be a millionaire in USD in ten years.
Take advantage of such discipline. Greed should be avoided.
There is no other way to put it.
Adieu.
Credit: Joe
Crypto. Stocks.
A lot of suicidal news all around the timeline..
SAD.
---
These things repeat themselves over again. Apparently, we humans pay less attention to the lessons in the market place.
A lot of suicidal news all around the timeline..
SAD.
---
These things repeat themselves over again. Apparently, we humans pay less attention to the lessons in the market place.
Millionaire in Ten Years ?
If you were to make less than 25 pips per week risking no more than 2% per trade, you would more than double your equity every year.
This comes to a lowly 6% return a month.
Starting with just $1,000 in 10 years you would have made a million dollars using this same approach.
This is a good illustration of how little you really need to earn to build a fortune in Forex.
If you were to make less than 25 pips per week risking no more than 2% per trade, you would more than double your equity every year.
This comes to a lowly 6% return a month.
Starting with just $1,000 in 10 years you would have made a million dollars using this same approach.
This is a good illustration of how little you really need to earn to build a fortune in Forex.