PRICE ACTION TRADERS INSTITUTE Kim Krompass from Kim Krompass on Vimeo.
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PRICE ACTION TRADERS INSTITUTE Kim Krompass from Kim Krompass on Vimeo.
Join us today at the Price Action Traders Institute and get 10% off your 1st Month
Use coupon code: FOREXVIDEO
https://priceactiontradersinstitute.com/register/pati-full-membership/
Price Action Traders Institute: Kim Krompass from Kim Krompass on Vimeo.
Join us today at the Price Action Traders Institute and get 10% off your 1st Month
Use coupon code: FOREXVIDEO
https://priceactiontradersinstitute.com/register/pati-full-membership/
Are You Feeling Discouraged?
It is easy for traders to get discouraged when the markets have little to absolutely no follow through like they have had in recent weeks.
We can find ourselves questioning what we are doing and wonder how much longer we can maintain a positive attitude when we are losing money.
Losing Small Prepares You to Win
No one likes to lose money. None of us do. I certainly don’t. However, after 16 years of trading I have accepted that losing is sometimes winning and I am a much happier trader because of it.
Do You Keep a Trade Journal? Here’s a Good Reason to …
One of the best things I do to keep my disappointment from getting too big when I am losing money is to put it in perspective. I look back in my trade journal for a big fat reality check.
That is exactly what I did this past weekend. I looked back…the months of January, February, March and April all showed the great trading sessions we had and all of the opportunities there were to make money.
I smiled and was instantly reminded about just how good it has been.
This too shall pass…nothing in life stays inert for very long, even the markets.
News: We have launched our redesigned website with an all new Traders Training Series inside a brand new Members area.
We invite you to Join our Membership of successful forex traders and see for yourself how you can immediately learn to trade more consistently and become profitable.
During our NY Trade Planning Session for forex Members this morning, we identified 2 possible entries on the #GBPUSD and the #GBPJPY that were there for traders who were willing to risk 10 and 12 pips respectively.
Turns out the 10 pip risk on the #GBPUSD and the 12 pip risk on the #GBPJPY was definitely worth the potential reward for traders who got positioned in the trades.
Here is a screenshot of the 2 types of entries we talked about on the #GBPUSD in the planning session for a 10 pip risk
Here is a screenshot of the 2 types of entries we talked about on the #GBPJPY in the planning session for a 12 pip risk
Click here now and watch the 8 min video I recorded during the NY Session to see exactly how I traded the big GBP moves.