Captain_Walker

Patience, discipline and a bit of judgement

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FX:NZDCAD   New Zealand Dollar/Canadian Dollar
One of the big issues for many traders is simply patience.

In this video I'm showing how one set up could have taken 63 days to deliver around 500 points. What's the rush? Let the charts work for you.

Patience and discipline takes time to develop, of course. Do the time. Take the time. Let time work for you.

Sometimes a bit of judgement is required. But whatever we do, minimising loss is the big issue.

Taking an affordable chance (or loss) is sometimes necessary - as in this game there is no certainty. My own methods therefore do not rely on 'confirmations'.

Importantly in this 6H chart, one need not check the trade more than once or twice per week.

FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
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