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sushitrading · 4 years
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Learning practical trading with the demo account my workplace gave me. The first image was where I started, the account had US$50,000 in virtual (basically fake) currency. I was apprehensive on my first day and quite worried I would be bad at it so I only made US$236
The next day I was told by my supervisor that there was a colleague of mine who made over US$9,000 a day. My competitive side came out and I started grinding. All of a sudden I was making US$10,930 on my second day. I continued thus trend, sometimes making US$5,000 and other times making up to US$25,000 (I forgot to take a screenshot of that day's profits).
I wanted to prove I was good at trading but learnt that this didn't prove I was good, it proved I was reckless. I knew I needed to do better, learn how to continue making profits but also learning how to manage and mitigate losses so when I one day find my own client I will be able to teach them these methods too.
I've learnt from this experience that although the chase for profit is exhilarating and rewarding, it is a double edged sword that could easily tip the other way. I'm interested to see where my future in trading goes and hopefully I can help others #currency #trading #success #future #learning #motivation #growth #coaching #experience #forex
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sushitrading · 4 years
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This, in my opinion, breeds consistency. Consistency is key when you're doing something as volatile as Forex trading because without consistency the stress would get to me. I don't know about the veterans in trading but for me, this trading business is stressful already as it is. Having rules that I follow, makes things so much more comfortable and far less anxiety inducing.
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sushitrading · 4 years
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My first week (10 days) of trading. Trying out some theories and some techniques my boss showed me. I know this is "too much growth" as some people have made clear to me. I made some risky trades that were approximately 10-15 units per trade; one of which I forgot about for the whole day and ended up closing at 03:00am #adhd I learnt from this to take notes on when I opened the trade (time) and at what position it was at when I opened the trade (e.g. the first image has the number highlighted in a turquoise colour). Then setting a reminder to check the trade after 30 mins or so would also be good. Maybe an hour if I'm feeling confident. Want to try doing this in a more sustainable and "safe" method. Getting better every day. #forex #forexindonesia #forextrader #forextrading #forexsignals #forexlife #forexeducation #forexprofit #learn #learning #expatlife #expatjakarta #expatliving #grind #hustle #coach #account (at Jakarta, Indonesia) https://www.instagram.com/p/CMtEGHYl8QK/?igshid=14kayjt39ebzr
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