today s live trade lets see how i do
gbp/usd
Good morning.
As expected, the markets are calm this Monday morning. Don’t feel pressured to jump into trades just for the sake of trading. If a trade doesn’t stand out, it’s often better to sit on the sidelines. Professional traders know that carefully selecting trades is far more profitable than chasing every market move.
Keep in mind that only about 20% of the time do markets move strongly enough to generate solid profits. With that in mind, the trade I’ve chosen today is not a high-confidence setup, so I’m keeping my risk small—just 1% of my capital. This is the essence of good money management: knowing when to step in, when to hold back, and how much to risk.
For more tips and insights, visit my website
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