FXholic SHOW is about the journey to Success through FOREX Trading! Daily Episodes will explore the tremendous power of Daily little disciplines like going for no more than 5pips trading FOREX. Tips on setting our Trading Plan and using Technical Analysis tools to identify our Entries and Exits along with step by step tutorials on Trade and Risk Management including SL placement and trailing, Stay IN criteria, position sizing, TP estimating and more.
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Episode #8 : Start from the end
FXholic's Philosophy is based on your Trading Plan. Your Trading Plan stands on the principle of Learning and Earning as you go. Trading Plan's explosive results are generated by the tremendous power of Geometric Progression. Geometric Progression -the compound effect that turns a penny into millions- comes in play when you set up your DAILY Trading Routine based on the 7 Steps Checklist which is comprised of Risk and Trade Management Rules that help you transform possibilities into certainties. Magic kicks in, when going for a handful of DAILY PIPS and keeping them, becomes second nature to you. It is extremely simple to do and because it is also extremely simple not to do, this is why the vast majority of traders are getting slaughtered in the Markets.We design our Trading Plan using FXHOLIC's Equation and that's what we'll talk about on the next Episode.
8 Jun 2015