Hello friend welcome to the #Traderlifestyle I hope you will be found and love to read my blog in the last blog I had talked about the  How Discipline Makes me a successful trader  if you don't read must read so in this blog, I will talk about the trading mindset and how it affects your trading performance. so  there are two types of trading mindset  process-driven trading mindset outcome-driven trading mindset 1.process driven trading mindset - the process-driven trading mindset is the mindset where you trade on the basis of your trading plan, and follow your trading structure, so forecasting, ASR backtesting, and journaling. a process-driven mindset is the best trading mindset which makes you a professional successful trader. when you follow the process-driven mindset you recognize your skill, your level of consistency, and you better handle your trade. when you follow a process-driven trading mindset you focus on compounding your knowledge rat...

Hello friends  welcome to the #Traderlifestyle I hope you are fine and also had read my last blog about  why The Following Principals Are Important In Trading  to thank you for sharing this blog with all your trading community and I am dam sure that you get tons of value from this blog which will improve your trading. so guys in this blog I share you all my trade of this first week of April, and also share you my one mistake which gave me a very good learning lesson and also fees me a lot more. so let's start the learning point for you in this trade is the risk-reward ratio as I told you lots of time trading is all about the risk-reward ratio if you have disciplined risk-reward ratio  your position will be profitable at the end of the month I want to show you my march month p\l statement in which my position was profitable one due to discipline risk-reward   you can see that I have  had  taken only 18 trade-in march a...

Hello friends welcome to the #Traderlifestyle I hope you will be fine and had read my last blog about  Why Exit Is More Important Then Entry In Trading , thank you for giving good support and appreciate me to write more about trading psychology, in this blog I will talk about me following principal which plays a very important role in trading and how to learn there these principals from my trading experience, also talk about how their principal makes me consistently profitable forex traders 1.process over outcome this is the first principal which makes me an unstoppable, limitless trader and gives me motivation because the road to becoming a successful trades faces lots of difficulties but when you overcome these difficulties and maintain your consistency and this maintenance of your consistency make you a consistent trader, I know consistency takes time to come to inhabit but when ones it comes inhabit it can make you a legend. 2. Trust t he process thi...

Hello friends welcome to the #Traderlifestyle  I hope you will be fine and also had read my last blog about  Why The Forex Is Best For Trading (advantages of Forex market) , thank you for everyone who read this and there is one more good news I have which I tell you at the end of this blog. so enjoy reading this blog  in this blog, I will talk about why exit is more important than an entry in trading  IN trading lots of time you realize your mistake that your entry is good but because of the wrong exit target you suffer losses in your trades, I want to share with you my last mistake of the wrong exit In which I get the stop-loss this is the my last trade in which I get the stop-loss because I don't exit at the right time, I this trade I was getting a 75% target but I dont cut because I was committed to taking the full target. let's talk something about the importance of right exit the exit is more bearing on whether the trade ends in profit, or in the lo...

Hello friends welcome to the #Traderlfestyle  I hope you will be fine and thanks for sharing my last blog about  The strategy of investing in the beaten-down market . if you don't read that blog must-read. so guys in this blog I will talk all about the forex trading what is forex How the currencies are trading The market player in the forex market and lots more advantages of the forex market. WHAT IS FOREX - The foreign exchange market is a global decentralized or over-the-counter market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.  The foreign exchange market, which is usually known as "forex" or "FX," is the largest financial   market in the world. Compared to the measly $74 billion a day volume of the NewYork Stock Exchange, the foreign exchange market looks absolutely ginormous with its $...

 Hello, friends welcome to the #Traderlifestyle I hope you are very well and you also had read my last blog about  why it is important to know the psychology behind the trade  if you are the trader to know the psychology behind the trade taken is very important because when you know the reason behind the trade taken gave you confidence about your trade, so must read that blog if you don't read. so friends in this blog I will talk about the strategy of investing in the beaten-down market, what is the important thing which you have to remember before investing, what is the appropriate filter of stock selection. Penny stocks, also known as micro-cap stocks, nano-cap stocks, small-cap stocks, or OTC stocks, are common shares of small public companies that initially trade at low prices per share. the reason behind does not invest in penny stock is lack of liquidity.most of the time we buy a penny stock and because of lack of liquidity, we are unable to exit in the...