DELSU MTL COMMUNITY

Also took a trade on NZDCHF and I just entered EA this morning

I think is this a counter trade right?... cus it is against the biase.

Quick question as a trader do you trade all pairs or you just pick few pairs that interest you and work on them and also how do you pick pairs you will trade for the day or pairs you will probably want to trade in the long run as a trader.

Because I've noticed that most profitable traders don't trade plenty pairs they just have 3 or 4 pairs they focus their attention on.

To me a profitable trader is one that has a positive result of winning with proper good risk management

It all boils down to if the person is doing the right thing and getting the right knowledge

It's not always about not giving up, you might be consistent doing the wrong thing and probably end up unprofitable

But if a trader is getting the right knowledge and skills and doesn't give up in the long run he is definitely going to be profitable accompanied by the Grace of God.

Quick question as a trader do you trade all pairs or you just pick few pairs that interest you and work on them and also how do you pick pairs you will trade for the day or pairs you will probably want to trade in the long run as a trader.

Because I've noticed that most profitable traders don't trade plenty pairs they just have 3 or 4 pairs they focus their attention on.

What am seeing on Gbpusd is a strong mitigation block, base on the pd-array Idea, I will prioritise the block first , price is currently trading at that mitigation block, I will wait for a good reaction to sell downwards

I think is this a counter trade right?... cus it is against the biase.

This gold is really after my life

A profitable trader is one that takes more profit from the market and withdraw them to his bank account over time than making more deposit from his bank to the market.

It's beyond having wins or losses on the chart or trades. Are you withdrawing your profits and using it for something meaningful in your life, if not, you're not yet a profitable no matter the amount of Analysis that you get right on the chart.
You can have beautiful setups more than the charts below, and still not make profits from the setups.

I get what u mean my guy and it's all fine and good. You're talking about reinvesting some or maybe all of ur profits back into the market while also maintaining profitability in the long run.

Personally tho, I feel it's the same thing as steadily building ur account and only withdrawing a small percentage out of it in a way that your equity doesn't keep on dropping but increases in the long run, that's what I do

A profitable trader is one that takes more profit from the market and withdraw them to his bank account over time than making more deposit from his bank to the market.

It's beyond having wins or losses on the chart or trades. Are you withdrawing your profits and using it for something meaningful in your life, if not, you're not yet a profitable no matter the amount of Analysis that you get right on the chart.
You can have beautiful setups more than the charts below, and still not make profits from the setups.

A profitable trader is one that takes more profit from the market and withdraw them to his bank account over time than making more deposit from his bank to the market.

It's beyond having wins or losses on the chart or trades. Are you withdrawing your profits and using it for something meaningful in your life, if not, you're not yet a profitable no matter the amount of Analysis that you get right on the chart.
You can have beautiful setups more than the charts below, and still not make profits from the setups.

When starting out as a trader, expose yourself to different asset classes to enhance your learning and understanding of market structures. Then along the line, you can start focusing more on one or two pairs. Just like you try multiple courses in your year 1, then from year 2 or 3 you start offering the real departmental courses. Treat your trading journey that way.

EURUSD and GBPUSD may be moving the same direction and having similar structures, like on the charts below. But what is driving them can be different. Ability to understand that why will help you know when to strike on GBPUSD and EURUSD or when to strike both at the same time as a trader.

Yes that's true, you can't really focus on everything at once

So in order to know which pairs are tradable for a week or for a day depending on what you want, you'll need to do a topdown analysis at the beginning of the week or prior to the beginning of the next trading day

And that's why we have our topdown analysis every Sunday on Googlemeet

A profitable trader is one that takes more profit from the market and withdraw them to his bank account over time than making more deposit from his bank to the market.

It's beyond having wins or losses on the chart or trades. Are you withdrawing your profits and using it for something meaningful in your life, if not, you're not yet a profitable no matter the amount of Analysis that you get right on the chart.
You can have beautiful setups more than the charts below, and still not make profits from the setups.

Just avoid gold for now brooo😂

Seems like the DTL was valid afterall