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MyLive Trading

Logo of telegram channel mylivetrading — MyLive Trading M
Logo of telegram channel mylivetrading — MyLive Trading
Channel address: @mylivetrading
Categories: Business , Investments
Language: English
Subscribers: 20.23K
Description from channel

All the trading strategies and complete knowledge of Forex, Fixed Time Trading and Binary Trading.
http://www.livetradingvip.com/
Any questions text me @SK_Traders
Note: We don't manage account of others

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The latest Messages 4

2022-09-30 10:49:32
First session we hit the risky market and booked good profit..

Be Ready for big profits in next session

Join VIP

Guys, please don't text me unnecessary, please give me some time to reply your messages

For urgent only text me :
@SK_Traders
2.4K views07:49
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2022-09-29 18:46:59
1.1K views15:46
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2022-09-29 18:44:38 Why is money management important?

Money management is important because it will give you a strict path to follow in order to reach your goals as a trader. If you are too aggressive as a trader, then you will make a lot when you are right but you run the risk of catastrophic loss. If you are too conservative, then you won’t cover the costs of trading or achieve your goals.

The goal as an independent trader should be to make as much money as possible while making sure you don’t blow out your account.
1.1K views15:44
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2022-09-29 18:44:28 What is Money Management?

Money management is a strategy for increasing or decreasing the position size to limit risk while achieving the greatest growth possible from a trading account.

There are good and bad ways of implementing money management, and the right way focuses on both the risk and reward factors on your account. It allows you to leverage the account while balancing risk.

Money management can be used when trading any market as it is focused on one thing alone, and that is account performance.
1.0K views15:44
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2022-09-29 18:44:17 What is the Mindset of a Trader?

Being a trader is not just about formulating better strategies and performing more extensive analysis, but is also about developing a winning mindset. According to many studies of traders, what separates a winning trader from a losing one:

It’s NOT that winning traders formulate better trading strategies
It’s NOT that winning traders are smarter
It’s NOT that winning traders do better market analysis

What separates a winning trader from a losing trader is their psychological mindset.
971 views15:44
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2022-09-29 18:43:49 To become a professional trader, you must learn trading basics and advanced basics. Once these are mastered, you can learn proven strategies and gain experience in implementing them.

One of the most efficient methods for learning to trade is learning market and trading basics.

This first level of knowledge is required before more advanced trading information can be successfully implemented.

The basics include all of the factual information about trading
What markets to trade
Risk management
How much capital is required to trade efficiently
Research and Analysis
Adapting Your Market Analysis to Changing Market Conditions
Discipline and Patience
Record Keeping

Keeping a trading journal and regularly reading back through it provides one of the quickest and easiest ways to identify both what you’re doing right and what you’re doing wrong.
1.0K viewsedited  15:43
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2022-09-28 19:50:58
late night session we hit the risky market and booked huge profit..

Be Ready for big profits in next session

Join VIP

Guys, please don't text me unnecessary, please give me some time to reply your messages

For urgent only text me :
@SK_Traders
2.1K viewsedited  16:50
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2022-09-28 19:50:58
1.9K views16:50
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2022-09-28 12:37:59
2.1K views09:37
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2022-09-28 12:35:25
First session we hit the market and booked huge profit..

Be Ready for big profits in next session

Join VIP

Guys, please don't text me unnecessary, please give me some time to reply your messages

For urgent only text me :
@SK_Traders
2.0K viewsedited  09:35
Open / Comment