FOREX LESSONS – I Sucked This Week Due To Self-Sabotage

Uploaded by Jesus Hopkins on March 22, 2020 at 4:27 pm

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Years ago I read a study that showed that the majority of traders win over 50% of time. However, as is commonly stated, over 90% of traders aren’t consistently profitable. So why is this?

Well, although traders don’t necessarily have a problem finding winning trades, the majority of traders do have major issues with 
Holding on to winners – Taking profits too early
Poor Risk Management – Poor position sizing or moving stops backward to avoid losses
Consistent Trade Execution – Revenge trading or missing trading opportunities. 
The GAME-CHANGING moment in my trading career occurred when I realized that I was making these same mistakes & MORE IMPORTANTLY decided to do something about it. 

Now despite being a consistently profitable trader for the past 10 years, I am still human & I still DO make mistakes. 

In today’s video I want to walk you through some of the mistakes that I made this week, show you how they affected my trading & hopefully provide you a lesson on why it’s so important that you dedicate just as much (if not more) energy on fixing this aspect of your trading as you do with finding a good trading strategy.

Your Trading Coach – Akil

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