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Smart Forex Learning
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Learn how to successfully trade forex, develop trading strategies and more!
Learn how to successfully trade forex, develop trading strategies and more!

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These were my trades of the past week:
EURCAD 1H long breakout: +2R
USDJPY 4H short: +1.15R

Total +3.15R profit ๐Ÿ’ฐ๐ŸŽฏ
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I love getting up at 6 am on a Saturday, working on my trading for a couple of hours and be done at 1 pm. That's when my weekend really begins ๐Ÿ˜Ž๐Ÿฅƒ

Trade Advisor students can find the forex outlook and setup watchlist for next week here: https://buff.ly/2QNgHxV
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Having realistic trading expectations is such an underrated quality as a trader. Given the wrong expectations, you will risk too much, ignore your rules and trade impulsively. Instead, let go of the pressure of those expectations and you'll likely do the right thing.
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If you had a good week, you can either say "the market rewarded me" or you can study what it was exactly that made you profit this week.

If you had a bad week, you can either say "it's a bad market" or you can figure out what you could have done to get a different result.
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If you blend the right mindset and realistic expectations with a persistent drive to make it, good things will happen.
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I see so many traders talking about โ€œcatching that move in GBPโ€ but the fact that the market moves is not a reason to be in a trade. If that trade is not exploiting your edge, simply stay out and observe.
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Interesting top structure on $USDJPY 4H. There is momentum to push down but bulls pushed the price back up, for now. Temporary pause or time to short? ๐Ÿ˜Š #forex #trading
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Tip: expand your mind on things other than trading. Talk to smart people. Read non-trading books. Listen to podcasts. Paint. Play an instrument. Learn another language. Visit places you've never been.

That surge in creativity might actually help your trading in unexpected ways.
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Allowing yourself to be vulnerable is very underrated. Doing so opens you up to a more flexible mindset. It allows you to change your opinion about things, to learn from others and to be ok with being wrong.

It's simply a prerequisite of your growth as a trader.
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Confidence comes from a place of detached curiosity. You essentially observe what the market is telling you, without the need to participate.

This frees up your mind to only take action if you see exactly what you want to see.
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