šŸ“ŠInvest time on your knowledge,donā€™t pay others for being a profitable traderšŸ“Š

Iā€™ve seen a lot of people complains about losing money by following these groups of scammers on many platforms and social networks,who are promising high returns by paying them a certain amount of money.

Guys,stop doing so:invest time on your knowledge!!

The best way to be profitable 80% of the times as a trader is by investing time on your knowledge:

-learning how to read a Market Structure is the first biggest step to do,focusing on any timeframe from 15Min to 3Months

Also take advantages from Tradingview:create your own timeframes!

I personally use tf like 2D,2W,2M,4M to get more confluences on my analysis and that helps to clean some ā€œnoiseā€ created on certain periods of high volatility market.

I also use 3H,6H and 12H tf for get more confirmation when analyzing low timeframes and,as Iā€™ve said above,to clean up noise created during high volatility sessions.šŸ‘ØšŸ»ā€šŸ’»

-understand major patterns candle and their meaningšŸ“Š

-donā€™t get fooled by news: if you know how to read a market structure you donā€™t need other confirmation rather than your own confirmation!

Buy the rumor,sell the news šŸ“ˆšŸ“‰

-Learn to accept losses: as traders we canā€™t always be 100% accurate on our entries,whatever you are Long or Short.

Stop Loss is the best tool to always have in place on your trades,and it get hit itā€™s fine!!

Better 2-4% on your margin rather than 50-100% of it šŸŽÆšŸ’ø

-DONā€™T BE GREEDY:if you are a good analyst you can take advantages from any markets at any time without need to keep your positions opened for long periods!šŸ¤‘

Of course,if analysis&confluences are telling us about big uptrends or downtrends you can have positions open even for months,in the event of a bull or bear market for example..but donā€™t open massive positions straight away,instead add positions on the way up or down and then take some profits along the routešŸ’°

-Time and discipline will reward you: TRUST YOURSELF!! šŸ“ŠšŸ’ŖšŸ»šŸ“ˆ

Thank you for reading!

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