Blog Details

24 March, 2021

Framework for beginners

Fundamental 40%

Economic calendar

Create your own idea of up or down

Update idea based on new news

Market sentiment 25%

Financial intuitional vs retail traders

Why 90% of retail traders lose money

Price action 10%

Candles

Technical analysis 25%

Best entry and exit

Market Structure, support and resistance on key levels of 1D and 4H charts

Golden Rules

1% per 50 pips
Risk to reward of 2:1
Not more than 10 trades a week
No more than 4 trades running at the same time
Focus on quality and not quantity
Do not re-enter on losing trade
Do not add position on a losing trade
If you lose 2 consecutive trades on a live account, you must switch to a demo account and win 2 consecutive trades to be allowed back to go to your live account