๐ฏ Analysing
To trade like a profesional first of all you have to learn technical/fundamental techinques to trade the market without them you have zero chance to succed in the markets.
Learn - candlestick patterns, simple patterns, fibonaci, market structure, trendline, imbalance, orderblock, volume profile etc
๐ฏ Risk Management
To survive in this game you need a very strict risk management, you will pass hard times and your account will survive.
Risk Management rules should include :
Risk per trade
Session Risk
Daily Drawdown Limit
Weekly Drawdown Limit
Monthly Drawdown Limit
You have to know your numbers, start small then grow.
๐ฏ Entries
Develop a rule based entry strategy always and every time, for example you will short a certain asset only if price is in a bearish market structure and its rejecting a fibonacci key area, you have to build your own system and develop confidence.
Was this information valuable ?
To trade like a profesional first of all you have to learn technical/fundamental techinques to trade the market without them you have zero chance to succed in the markets.
Learn - candlestick patterns, simple patterns, fibonaci, market structure, trendline, imbalance, orderblock, volume profile etc
๐ฏ Risk Management
To survive in this game you need a very strict risk management, you will pass hard times and your account will survive.
Risk Management rules should include :
Risk per trade
Session Risk
Daily Drawdown Limit
Weekly Drawdown Limit
Monthly Drawdown Limit
You have to know your numbers, start small then grow.
๐ฏ Entries
Develop a rule based entry strategy always and every time, for example you will short a certain asset only if price is in a bearish market structure and its rejecting a fibonacci key area, you have to build your own system and develop confidence.
Was this information valuable ?