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Tips So That We Don't See The Candle After The Entry in Forex Education_67f83ac065b44

Tips So That We Don't See The Candle After The Entry

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Deplu

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A few tips from me so that all of you, especially myself, do not always pay attention to the candle after making an entry :

  • Do Not Trade on Small Time Frames (M15, M5 and M1) or Do Not Scalp.
    For beginners, you should never do scalping, because scalping itself moves up and down the candles quickly, requires experience, high flying hours and is already proficient in analysis.
  • We Recommend That You Enter on The H1 and H4 Time Frames (intraday)
    Now if this one, it can give us a lot of time not to always see the candle, because with the entry on TF h1 it takes 1 hour for 1 candlestick to close
  • Do Analysis Before Entry
    If we are going to make an entry, we must analyze it first, so after entry we don't worry about going in the wrong direction because we have already analyzed it
  • Put a Stop Loss (SL)
    If you have entered, don't forget to put Sl so that we don't want to always see the candlestick every time, because we have limited losses if the market moves not in the direction we expect.
  • Find Another Job.
    If you have entered, immediately look for other activities, don't hold the cellphone or sit in front of the PC to observe the movement of the candlesticks. If we always look at the chart after entry, we can be carried away by emotions, dissolve in the ups and downs of the candlesticks so that we become unsure of our analysis and rush to cut losses and rush to cut profits.



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#1 - September 12, 2022, 02:12:40 PM

Dana D

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That's right, we should use the Set and Forget method in trading, so that our emotions can be more easily controlled
#2 - September 14, 2022, 10:18:20 AM

fadillaangga233

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Of course, the method is very easy, namely by opening a position and then closing the chart after that, do daily activities
#3 - October 26, 2022, 09:23:03 PM

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#4 - Today at 04:08:41 AM

Prudential

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This is so that we can more easily control our emotions
#4 - November 05, 2022, 04:53:36 AM

Deborah

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I think this way can reduce our emotions in trading





#5 - November 05, 2022, 07:05:55 AM

Indika

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This is to be able to keep us on our plan from the start
#6 - November 15, 2022, 07:42:25 AM

Timah Panas

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If we do this, our emotions will be easier for us to control
#7 - November 17, 2022, 04:58:05 AM

fadillaangga233

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actually we can do this trick by using an EA or making our trading system an EA, but if we are unable to do that we can use pending orders to help
#8 - December 06, 2022, 01:33:38 PM

Kardel Sharpeye

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Develop a solid trading plan and stick to it.
Manage your risk by setting stop-loss orders.
Practice discipline and patience when making trades.
Keep your emotions in check and avoid impulsive decisions.
Continuously educate yourself on the markets and strategies.
Use technical analysis to identify trends and entry/exit points.
Avoid overtrading and limit your exposure to the market.
Maintain a trading journal to analyze and learn from your trades.
Surround yourself with a supportive trading community.
Stay up-to-date on global news and events that could impact the markets.
#9 - March 02, 2023, 12:36:12 PM
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