Forex Trading Tutorial
In this video, I’m talking about the last trade that I took on Gold this week. The trade gave me a 1,3% return with a maximum risk of around 0.5%. That’s a pretty great risk-reward ratio. Altogether I’m up more than 8% for this week with a risk of 2.5%. I only took 3 trades this week, and all of them have been winning trades. As traders, we make money when we wait, not when we trade! We have to wait for the best setups, and we have to wait for the trade to develop. Some beginners make the mistake and try to trade everything because they think that they are making money when they are trading, but it’s not like that! We have to wait. Patience is key, and Money Management of course! If you are not patient enough, you are probably not able to make money. This game is about patience, discipline, and money management. If you lack one of these, You have no chance in this industry. When you need some help, let me know!
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