In this video, we're diving deep into the art of successful intraday forex trading, focusing on a critical aspect β how to stop losing trades. Join me as I walk you through a trade taken live on GBPUSD, breaking down my step-by-step intraday forex strategy.
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- TIMESTAMPS -
0:00 Intro
0:56 Personal updates
1:36 Prop trading account mt5
2:06 What is a prop firm
2:33 The 5%ers account explained
2:58 Prop firm trading account risk strategy
3:43 Live trade recap- Why I took the trade
4:57 Intraday trading strategies technical analysis
5:28 Calculating trade plan
6:15 Adding IPL trading indicator
6:45 Setting my trade order, stop loss and take profit
7:31 Analysing the live trade momentum- Adding to my position
8:16 Trailing my stop loss and reviewing the live trade
9:40 Trade result
10:00 How I managed my losing trade
10:49 Conclusion
I started day trading stocks with Warrior Trading in July 2018.
Since then, my trading journey has led me to day trading Forex where I continue to develop as a profitable Forex trader.
In this video I share how to stop losing trades by taking you through my intraday forex trading strategy step by step and how I managed to exit a losing trade.
Firstly we look at intraday forex trading strategies, then I take you through my process of risk management.
This video is great if you want to learn more about how to stop losing trades, how to manage risk whilst day trading forex and how to protect your trading account capital.
I hope you enjoy!
- OTHER TRADING VIDEOS -
π My Forex Trading Recap Videos (PLAYLIST)- https://bit.ly/33fLRFF
π New Trading Setup! Tri-Screen Monitor For Laptop - https://youtu.be/sXZXQqnmOFg
π 10 Trading Tips for Beginner traders https://youtu.be/2v4ViCDoymY
π Tradingview tutorial for beginners https://youtu.be/Ojl3c6yABEE
π Magic Keys On Screen Digital Review - https://youtu.be/fK2LkPtWjRk
π 6 Best Platforms to Trade FOREX - https://youtu.be/-gaqa6qWuNs
π How to Start as a Forex Trader https://youtu.be/PT-4COPbpqU
π FTMO Vs My Forex Funds - https://youtu.be/3iL_fB1li5g
π BEST Backtesting Software for Trading FOREX - https://youtu.be/-Ad0khUE40I
π The 5ers HONEST REVIEW - https://youtu.be/PvbwaxcjLbY
You will like this video if you are interested in:
- forex trading for beginners UK
- day trading for beginners UK
- Forex price action strategies
- intraday forex trading strategies
- intraday forex trading for beginners
- intraday forex strategy
- intraday forex trading strategies for beginners
- risk management trading forex
- risk management strategy in trading
- how to stop losing trades
- how to exit a losing trade
- how to deal with losing trades
- how to manage losing trades
- intraday trading for beginners 2024
- day trading for beginners 2024
If you enjoyed this video, please LIKE and SUBSCRIBE for more videos! βοΈ
Thanks!
Emily
- Mindfully Trading -
// DISCLAIMER
This video is for entertainment and educational purposes only. I am not a financial advisor and I am not telling you where or when to take a trade. I express my personal opinion only. Trading financial markets involves risk. I am not responsible for any losses incurred due to your trading. I do not recommend any specific trade or action, and any trades you decide to take are your own
#forextrader #intrdaytradingtipsforbeginners #daytradingforbeginners #forextradingstrategies
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