Please I need someone to help me trade or invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating..
Don't let all that discourage you, don't give up. Trading takes years to master, even the pros learn everday. Never the less, if you lose money no matter which side you take, maybe you need to look at how you are managing active trades rather than how you are entering them, moving stops to BE may help. My advice, find a mentor . And also, try incorporating the use of oscillators or rsi into your strategy to make your entries better and prevent overtrading. And most importantly move to higher TFs(4h or 1D preferably), you'll thank me later .
You're right, I don't lose money every single trade, but my main problem is trying to let my runners run. Very rarely do I catch big moves . Instead they go a few pips in my direction, then go against me if when I try holding them. Also my entries could use a lot of improvement. A mentor would be amazing, but getting one is easier said than done. If it's not too much, does any come to mind?
Few months ago i was a newbie in crypto currency investment but now I have made alot through the help of Melissa you can also be part of the winning team by reaching out to her for guidance
Lots of good theory, well-presented. Another thing to consider is that the majority of trendline breaks don't reverse the market and are there to trap inexperienced traders. You can make this a little safer if you don't play the initial trendline break, but wait for it to pullback to the trendline and short there. But know that professional traders know that you're going to place your stop above the last swing high and they will run your stops there, getting you stopped out over and over again. Trendline breaks look great on paper and when back testing but are much more complicated to trade and fail quite often..
That’s why after the trendline breaks and pulls back you put a limit order below the first breakdown outside of the trendline essentially just catching the momentum in the market
You trade them with other confluences like support or resistance on a higher timeframe and chart pattern like double or triple top and sometimes morning star or bearish engulfing patterns, that’s from a bullish to bearish trend line breakout
*AS A FOREX AND CRYPTO TRADER, IT'S ALMOST INEVITABLE THAT YOU'RE GOING TO EXPERIENCE SOME UPS AND DOWNS ALONG THE WAY. ALERTNESS AND DECISIVENESS ARE BOTH FUNDAMENTAL INGREDIENTS IN THE RECIPE FOR A SUCCESSFUL FOREX AND CRYPTO TRADER.*
Most time having knowledge or insight about a particular activity can as well be a pleasing exercise.I can boldly say that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status
As a biginner who don't understand how Bitcoin trade really works and you really want to make profit from it. I will advise you to first start working with a professional broker
@@KOJOFOREXYou're really bringing a lot of limelight to forex traders. That's a lot of good to newbies and professionals. I'm a newbie. I hope you lessons help me succeed tremendously ☺️ in my forex trading pursuit. Thanks a lot.
Do you always start pulling your trendlines on the 4 hours why not the 1 hours 4 hours is gonna take very long to see results will this setup work on all the currencies?
ICT is the best and I learned a lot and now having my own channel to teach what I learned + what I could add to by studying the price action deeply based on the main ideas got from ICT... I have started posting daily videos to review how the price actually moves and when you really understand this then it will be easy to catch the perfect entries and to get profitable by time, appreciating Michael as he made a big change in the way I see the market now and hopefully I can convey this knowledge as best as I can to those who will watch my content, thanks again to Michael and ICT for all this great content which is motivating many traders like me to grow day by day
I also see when you pull the trendline on the 4 hours you don't come down to a lower timeframe like the 1hour,30min,15min,5min to get a better confirmation to enter&exit your trades,why?
It's like God is answering my prayers gradually, cos iv always want to learn n really understand the lines and when to either sell or buy and I've been checking out videos and books alot . Thank you Kojo. I know I'm gonna Meet u soon.
you no what you just simply the best I stop trading last 2 months but as I saw you notification on dropping a new video I do wach it and now am happy go go back to practice my teachers skills that is being impact to me . Thanks to you my role model and GOD BLESS OU SIR
Awesome video my Ghana brother. I watched your video where you talked about taking partials and closing half. Do you also use trailing stops after putting SL to breakeven? I really want to know how you manage your trade as a swing trader. Hope I’m not asking much questions. Thank you bro.
There are some one send number by reply me here as you and it's name Kojo forex with the profile picture is it you or not bro who dropped the whatsapp jumber