Gathagu trader's profile

For the last few years of my trading, i have realized that the two most important things to substantiate , and what many traders have a lot of trouble accepting, is…
1. You are NEVER going to get EVERY pip out of a trade. Meaning, you aren’t going to squeeze every last pip of profit from a trade. So, aim to take ‘chunks’ of profit, not the whole thing, because that is being greedy. Remember the old saying; “Bulls make money, bears make money, but pigs get slaughtered”

2. You are going to have to take losses sometimes, that’s just part of the game. Many traders, especially beginners, get caught up in a game of trying to ‘avoid’ losses. They do this until they blow out their accounts enough times to eventually realize they are going to have to accept losses are part of the trading game and develop a plan to deal with them properly.

Usually I transform my life as a trader by finding higher-probability trade entries based on price action trading signals from confluent levels in the market.