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Owned by Jenish

3eyefx

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"Unlock the secrets of trading in less than 30 minutes! No Cap because success doesnโ€™t have to take years."

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6 contributions to 3eyefx
0.01 lot = $5, 0.1 lot = $50 1 lot = $500 & โ™พ๏ธ
In the example below from this morning the secured profit was about 50 pips ๐Ÿ“ˆ. The goal is to do this every day by taking 1 or 2 trades only. The lot size calculation. ๐Ÿ‘‡๐Ÿผ The value per pip for different lot sizes in forex trading. 1. 0.01 Lot (Micro Lot) : A move of 1 pip is worth approximately $0.10, which means a movement of 50 pips would result in a $5 change (0.10 * 50 = $5). 2. 0.1 Lot (Mini Lot) : A move of 1 pip is worth approximately $1, so a movement of 50 pips would result in a $50 change (1 * 50 = $50). 3. 1 Lot (Standard Lot) : A move of 1 pip is worth approximately $10, meaning a movement of 50 pips would result in a $500 change (10 * 50 = $500). These calculations align with the typical forex lot sizes and the corresponding pip values. The pip value may vary slightly depending on the specific currency pair being traded and the base currency of the trading account. But for most major currency pairs in a USD-based account, these approximations hold true. Thinking about the scalability or exponential growth potential with larger lot sizes or leveraging, but itโ€™s important to remember that with increased lot sizes and leverage, both potential profits and potential losses increase. Effective risk management is crucial when trading different lot sizes.
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0.01 lot = $5,  0.1 lot = $50 1 lot = $500  & โ™พ๏ธ
Trading Psychology August 28 the number of wealth! Lock in folks !
A fascinating and insightful perspective about trading that blends strategic decision-making with a deeper, more introspective understanding of one's state of mind. The idea that trading involves choices where the outcome can be anticipated and influenced by one's mental state is powerful. Here's a way to think about it: 1. Duality of Choices: In trading, every position involves a decision to either buy or sell, reflecting a choice between two possible outcomes. Recognizing that each decision leads to different potential realities allows traders to anticipate the consequences of their actions. 2. Knowing Outcomes: Experienced traders often develop an intuitive understanding of market behavior, enabling them to foresee potential outcomes based on past experiences, patterns, and current market conditions. This foresight helps in preparing mentally for what might happen, whether the market goes up, down, or remains volatile. 3. Mindset and Frequency: By aligning one's mindset with the desired outcome, traders can influence their state of being. This is where the concept of frequency, energy, and vibrations comes into play. Your current state of mindโ€”how calm, focused, or anxious you areโ€”affects your trading decisions. If you can consciously adjust your mental and emotional state to align with the optimal energy flow, you increase your chances of making the right choices. 4. State of Mind and Energy Flow: When your energy is aligned with the task at hand, you operate at a higher frequency, which can lead to more successful trading outcomes. This state of being is not just about thinking positively but about attuning yourself to the market's rhythm. Meditation, visualization, and other mindfulness techniques can help traders achieve a state of calm and focus, leading to more intuitive and confident decision-making. 5. Comparison and Adjustment: By regularly assessing your current state of mind and comparing it to the state you know is ideal for trading, you can make adjustments. This self-awareness allows you to recalibrate your energy and vibrations, ensuring you are in the best possible state to make decisions that align with your trading goals.
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Key Trading Principles to Remember:
1. Always wait for price to close in your direction. Never jump the gun. Wait for the market to present a clear signal before making a move. ๐Ÿ”‘ 2. Avoid entering before the New York Stock Exchange (NYSE) opening price. This helps to filter out market noise and ensures youโ€™re trading with the trend that forms once major market players step in. 3. Session Insight: - During todayโ€™s session, we saw a bullish close above areas where sellers were previously trapped. - Once a bullish engulfing candle closes above the range, anticipate an expansion. - Use the Fibonacci Retracement tool to identify areas of discounted price levels. ๐Ÿ“ˆOptimal Entry Strategy: - Price typically retraces to trade below the 50% mark of the expansion and trades back into the consolidation. This is the zone where you can start stacking long positions. - Look for deeper entries if the price dips further into the discounted range to maximize your risk-reward ratio.
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Key Trading Principles to Remember:
We play together, Pray together! Team work makes the dream work ;)
These repeats almost every Single day 9:30am EST. Find the image below! God created the entire universe in 7 days ! The belief that God created the entire universe in seven days comes from the biblical account in the Book of Genesis, specifically in Genesis 1. According to this narrative: 1. Day : God created light, separating it from darkness, calling the light โ€œdayโ€ and the darkness โ€œnight.โ€ 2. Day : God created the sky, separating the waters above from the waters below. As above so below ! 3. Day : God gathered the waters together, allowing dry land to appear, and created vegetation, plants, and trees. 4. Day : God created the sun, moon, and stars to give light to the earth and to separate day from night. 5. Day : God created the sea creatures and birds. 6. Day : God created land animals and mankind in His own image, giving them dominion over the earth and its creatures. 7. Day : God rested, blessing the seventh day and making it holy. By being mindful of these principles is a great approach towards trading, especially since it aligns with the concept of a structured and orderly creation, much like the seven days of creation narrative Framing trading principles around such a number can be both memorable and impactful. I have these seven rules outlined and I'd love to highlight them and break them down to you folks, It could be a valuable framework to teach and help team players become consistently profitable in trading it only takes about 2-3 hours a day then you can apply these cause in order to create your own really (effect) Since we already live in the multiverse but we donโ€™t see it because we are too focused on time and space versus moving in frequencies. Once we align with these frequencies we can become creator of our own reality ! To get better understanding stay tuned, more gems ๐Ÿ’Žabout to drop !
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We play together,  Pray together! Team work makes the dream work ;)
Disclaimer and Terms of Use:
1. Not Financial Advice: The content provided is for informational and educational purposes only. We are not a registered investment adviser and do not provide specific financial advice or recommendations. 2. Investment Risk: Trading involves significant risk, including the potential loss of capital. Past performance is not indicative of future results. Only invest what you can afford to lose. 3. No Guarantees: References to past performance are not a guarantee of future results. Market conditions can change, and no profits are guaranteed. 4.Consult Professionals: Itโ€™s advised to consult with a qualified financial advisor before making any investment decisions. 5. Educational Purpose: All materials are for educational purposes and should not replace professional financial advice. Conduct your own research before trading. 6. Information Accuracy: We strive for accuracy, but we do not guarantee the completeness or reliability of any content provided. Use the information at your own risk. 7.No Endorsements: Mentioning specific strategies or financial instruments does not imply endorsement or recommendation. 8. Affiliate Relationships: We may earn from affiliate links, but these do not influence our contentโ€™s objectivity. 9. Third-Party Links: We are not responsible for the content or accuracy of third-party websites linked from our platform. 10. No Warranty: We make no guarantees about the suitability or reliability of the information provided. 11. Changes: We may update or change our content and terms without notice. 12. Acceptance: By using our service, you agree to these terms. If you do not agree, please refrain from using our service.
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Jenish Patel
2
11points to level up
@jenish-patel-3174
Teaching you how to trade forex and crypto in less then 30 minutes! Live every Wednesday and Thursday 9:20am - 10:00am EST.

Active 12d ago
Joined Aug 24, 2024
Canada
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