Know when NOT to Trade | Quick Trading Tips

Knowing when NOT to trade and engage in the market is just as important as knowing when to strike. Achieving this balance is one of the hardest challenges for traders.

So, it's very important to set limits to your daily trading and also make sure to execute on setups that only fulfill your trading plan. Be clear on what you look for, know how much you risk per trade and how much you are willing to lose per day and per week. Then - just stick to that!

I wish you happy and profitable trading!

Iliya Sivkov
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DISCLAIMER:
This video expresses my personal opinion only. Trading the financial markets involves risk and is not suitable for all investors. Before deciding to invest in foreign exchange or another financial market, you should carefully consider your investment objectives, level of experience and risk appetite. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action, and any trades you decide to place are your own.
#forex #forextrading #shorts #forextips

[olabomiolaleye]

Thanks for this information Illiya.
I've been in this mood since Saturday.
Feels like I've lost my mojo.
Probably need some break off the chart

[telandrach]

I know these, but need them visible to keep me in check when on the charts!

[contfanatictrader]

Great insights bro! I have these in my trading plan, also like to listen to mark douglas trading in the zone he helps me a lot to refocus and mindset! Happy trading week. 👌🏻

[adewaleadebayo]

This was me in the beginning😂. Losses taught me discipline.

[qamarzia]

This is actually trading hack which should we strongly follow... thanks Iliya

[saheedbello]

All of them is me, mostly is me not following my rules and it has made me blow up a lot of account😢😢😢