
There Whatisforexrebaterebate.com">forexrebatenetwork a reality like this in the forex market: 95% of traders in the forex market do not have the ability to make consistent profits, What is forex rebate even many of us have blown at least 3 accounts so far ...... If you are the following two states: 1, after the order has been sitting in front of the computer, watching the K-line jump or in the next two hours has been browsing the foreign exchange financial news, in addition to these, do not want to do anything 2, addicted to the 5-minute cashback forex, constantly focus on the price of each fluctuation then it is time to change yourself, from now on, will be your limited trading efforts to focus on the bestforexrebate chart trading 5 minutes or 15 minutes Charts (lower time frames) with stray signals and false signals are simply not worth the risk of spending your time or money I believe that daily chart trading can be your holy grail in the market You only need to make one big winning trade per month to become a successful forex trader If you look at your trading account history now, you will see that most of the money lost, was because you traded too often, and you traded too often because you Overly focused on analyzing the market, forex news variables and shorter time frames (I consider any chart below 1 hour to be a lower time frame) Please see below the daily chart table for the gold spot market from February 16, another obvious pinbar strategy, it is clear that this trade is in line with the existing uptrend and is forming near two support areas… the key is& hellip; if you wait patiently for a month to win a winning trade of this magnitude, your performance will be very good my main trading philosophy is to trade forex like a sniper, and this is a good example: several advantages of daily chart trading: the daily chart table is much clearer as I mentioned before, the lower time horizon is full of random market noise and false signals, you only need to focus on the daily chart Focusing on the daily chart also gives you a clearer picture of the overall market situation and will naturally improve your ability to understand near and long term market movements The daily chart can help you establish more effective and accurate market trends Understanding the overall daily trend of the market is very important for trading daily charts as well as 4 hour or 1 hour charts I do trade 4 hour and 1 hour time frames, but It is critical to first master daily chart sheet trading so you can understand the potential market sentiment higher risk reward While the amount of risk per trade is a personal decision depending on your personal financial situation, trading daily charts allows you to risk more than trading shorter time periods Note: I am not saying you should take more risk for each trade, but rather to say that when You obviously risk more money on one trade when you trade 3 times a month (or about 3 months) compared to making 30 trades a month When you trade like a sniper, you inherently make fewer trades than when you trade like a machine gunner, so this allows you to trade more lots at a time However, keep in mind that this is obviously only possible if you can maintain enough discipline so that in the event of a loss One thing I have always believed is that success in forex trading is largely dependent on the quality of the trades you make, not the quantity of trades you make By simply reducing the frequency of your trades, you will simultaneously increase your chances of long-term success You need to understand and accept the fact that making 2 or 3 quality trades per month will make you more successful than Making 20 or 30 emotionally driven impulse trades per month… no matter how good you think these trades are remember that the tortoise wins the legendary race because it is slow and steady, not fast and full of emotion like the hare…