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 TRADING
PSYCHOLOGY
BE FULL-TIME TRADER
 TOPICS

• TRADING PLAN
• ENTRY ROUTINES
• RISK MANAGEMENT
• THE REALITY
 THE
PLAN
TRADING
HOW TO REALLY TRADE
99%
by NOT doing what the majority does
 DON’T
Enter a trade aimlessly because you fear missing out on a
good trade.
Exit a trade just because of negative spikes
Trade conflicting pairs that has negative correlation
 In a nutshell
Plan your trades and trade your plan.

1 Find the right currency pair

Low Volatility – USD/JPY & EUR JPY

High Volatility – XAU/USD , GBP/JPY &
USOIL
 ZOOM OUT
Always look at the bigger picture, don’t depend on smaller
timeframes when planning your trades.
ZOOM OUT
Longer timeframes allows technical
indicators to be more accurate, which
makes for better planning and defined
areas of value for entries and exits
 In a nutshell
Plan your trades and trade your plan.

2 Set your technical parameters

20 & 50 Moving Averages

Relative Strength Index
Support & Resistance
CONFLUENCE
A period when all your parameters are met
 In a nutshell
Plan your trades and trade your plan.

3 Find your area of value

Always set your entries and exits a

few pips away from support and
resistance
SELL
Entering a
trade
THE ROUTINE
Tradingview
Economic calendar
 Risk
THE MOST
MISUNDERSTOOD CONCEPT
IN TRADING
 LOSSES
Inevitable High probability

Managed
2%
THE

RULE
 THE2%RULE
ACCOUNT SIZE x 2% = RISK PER TRADE
* Only one trade is open

2,000 USD
X 0.02
40 USD
ATR
AVERAGE TRUE RANGE
ATR & THE2%RULE
2,000 USD
X 0.02 Move the decimal place once for
scalping and twice for swing
40 USD trading. SL will be ATR value *
1.5
/ ATR * 1.5
Real
talk