A person always strives for an ideal, such is his nature. We build ideal pictures of our work, personal and family life, rest, earnings and we try to realize all this. We are upset if the ideal picture is far from reality. And then again we do not leave attempts to make our life ideal.
Many traders cherish the dream of carrying out their transactions perfectly. On the one hand, this ensures that you will be very careful and will strictly follow the algorithm of trading. On the other hand, you can hang in anticipation of such a transaction, all the time you have doubts – is it worth or not now to enter? But what if it is not ideal in fact? And can I do the perfect deal at all?
Each trader differently determines his ideal deal. For one, the ideal deal is when its technical part completely converges with other components. For another – it can be the maximum profit on the transaction. How many traders, how many transactions, so many opinions. But, nevertheless, ideal deals have common features and secrets of their achievement. To help traders, we provide the TOP 5 secrets of your ideal deal.
The Secret 1
The deal must be executed on a trend. A big mistake is to hope to beat the market and move against the trend. It’s like trying to go against a traffic on the main road in India with 14 lanes.
The Secret 2
Set the Stop Loss. Ideally, your stop should not exceed 0.2% of the entry point. Do not seek to specifically shorten or lengthen it. Look for such deals where the stop-loss will be minimal. Do not exceed your risks. The market will not go anywhere. But your deposit – yes.
The Secret 3
Power reserve by ATR. It should be in a ratio of 3 to 1 or 4 to 1, so we entered the deal. This is an indicator of your risk and profit in this transaction. Before entering the transaction, you should always know how much you are getting and what you are risking.
The Secret 4
The deal was made accurately by the algorithm. Precisely following the algorithm will provide you with a quick reaction to changing the trend, will show the entry and exit points, help you accurately “read” the schedule, save you from draining the deposit.
Secret 5
You are in Zen during the trade. After all, almost 90% of loss-making trades are made by traders precisely because of the psychological state during the trade, and not by ignorance of technical analysis. Even if you have an ideal trend and entry points, then because of emotional overload and fear, you can not just see it. Remember that when you trade, your task is to be in psychological and emotional equilibrium, even if you have a hurricane behind your back.
As you can see, all secrets are simple and understandable. Do you want to be successful in trading? Then concentrate on preserving capital and conducting well executed deals. You will see that the profit will not take long!
On the sweet
Here are some real examples of ideal trades from traders.
Example №1
Action XRS .
Promotion to heaven. A magnificent level of 131 dollars. Round figure. 220 dollars deal. Transaction on the trend. The market is in my direction. Short stop. Clear picture, power reserve. The potential was fulfilled, decided to withdraw, took profit +224.
Above nothing is allowed. We broke the level. We stopped. One, two, the minimum power reserve in the area of 31.60. Here it is the perfect deal.
Example number 2
FOREX Market. Japanese yen. The fastening is below. See the day is just very strong: one level, the second level, the third, a false breakdown, a second false breakdown, fastening below the level of 96.14. For Forex it’s just a great deal