The easiest Forex trading strategy to be profitable is through structure transformation

You can get to know yourself and through it, you can also see existing patterns in the market itself. Over time, with the recording of transactions and transactions and many images of them, you can take into account what things might be starting to be repeated in front of you. Through it, you can develop it. You can also through it reflect on your successes. I mean, this is an important part. Very much, I am currently going through a somewhat difficult period in trading, since I came out of a month of loss, and this month I am still a little poor in the market, so my confidence begins to shake a little at certain periods, and this happens to the best traders. Things that can help you a lot to regain your confidence.

The easiest Forex trading strategy to be profitable is through structure transformation

It is that you can go back and see your old operations and take into consideration what time you were doing well, what you were doing, and your successes make you feel at one stage that no, I am good, I am, but it may be in a temporary stage. The situation is not going well with me. This makes a big difference for advanced traders, especially if you are. You have a while left to win.

Even then, it is possible that when you lose for a short period, take into consideration that you are still earning and how you have built your capital, so do not live with even the loss and focus on the broader picture. An example of what we see is that if you have accumulations of many transactions, you can build your confidence to a very large extent by You remain certain in every situation and in every rule you follow, why you are following it.

How do I become profitable in Forex trading?

You know that this rule is correct, based on data and experiences that you have made a lot of, but you don’t move on, but that’s it, you know that every step is a deliberate step, and finally, it teaches you how you can plan your future in this trading, because in very many cases, someone can come and tell me, for example, and I will thank you if I enter into… I have been trading for two years. I can earn as much as I can. You can answer this question in a very large way. It is a practical record.

With time, you can see your performance, how you develop, factor in the numbers you can achieve and the profits you can achieve, the average profits you can achieve, and through them you can know. Well, if I started dealing with larger trading numbers, then I would be able to know how many numbers I can achieve because there are very many differences between each trader. What is the use of what we can say under a certain time frame?

Follow the flow of Forex deals

You will know how much you can verify from the record of your operations through which you will be able to see the projection and predictions of where you might be heading. Okay, let us now move to the second step, which is that we begin to design the record that we will work on, and how we can begin to work on it. I will start with it. Design I provided with the book.

For those who want to get the design without coming with the book, we will be able to take the design without. I intended it to be very simple so that after that we could develop it. You understand how you can develop your record. If you want to design your record on your own, we will take this as a starting point and develop it now. one.

Create a daily log of Forex trades

First of all, let us get to know the parts of it, i.e. the record is supposed to be made up of. The first part is the details of the process itself. Every process has details that do not change. The entry point is the stock itself. The ticker is simple. The stock is the same. The entry point is from you. The entry price. The exit price. The trade direction. The direction. You and take it for profit The horoscope is long or short, and the number of shares you bought are all just details that you can take away from the subsequent transaction.

You start evaluating your strategy, which means that after you finish the process, you can write through it: Why did you enter this deal and why did you exit it? All of this is very important. This part is me and we delve deeper into it. Your plan. Basically, where was your risk point? Where was your goal? Are you there? If you stick to your plan until the end, you may have succeeded, and we will understand this situation more and how we can benefit from it.

Your commitment to your Forex trading plan

In cases where you may have made a plan but not committed to it, there are times when you still want to evaluate the plan alone without evaluating only the performance or your implementation. The implementation may be good or it may be bad. You may not have committed to the plan.

Your plan was the right one. We are trying to separate this part so that when you know how to analyze your data, you can evaluate your implementation on its own, and your plan also on its own. The emotional state and your mental state are the same. You were afraid. You felt overwhelmed. You were worried. The market situation itself. The market condition gives you the impression of the process that you did if it was in the same place. Strong market or weak market.

Modifying the steps for executing Forex trades

You can return to your account the operations that you attributed to your surroundings from the point of view of you and those around you from the market. Is this a strong market? Is this a weak market? It makes a huge difference for us so that we can then identify patterns that have a relationship with how you can adapt to the market and the seasons that the market goes through in the end. Partial.

Of course, the result of the process is the same, which is the profit or loss that you see without the commission. We always try to put in our data record and remove the commission from it. You can put the commission alone and calculate it later, but any performance evaluation must not include the commission, because the commission will always go against you. In operations.

Summary

You want to judge it regardless of the commission. The commission is a cost, but it is paid, of course, if we want to judge correctly whether we gain or lose from the operation, how much money will we be able to receive in our hands? We must reduce the commission, of course, but what we can remove is the commission from it so that we can calculate the R Factor. What is this is, how much have we won in terms of money? I mean, in the language of traders, you will always find us talking about people who have hidden where, where, or lost someone, like that, because I don’t have a claim if I gain or lose money. How much money will I still have a claim if I win?