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9/30 Trading Challenge for Success
Daksh Trader's 30-Day Trading Challenge | DAY 9 ??
Hey everyone! Welcome back to Day 9 of my 30-Day Trading Challenge. Today's been a roller coaster of emotions and market movements, but that's what makes this challenge so thrilling! Dive in to see the ups, downs, strategies, and insights as I navigate today's trading landscape.
Daily insights into my trading strategies and decision-making processes
Real-time reactions to market changes
Honest reflections on wins, losses, and lessons learned
...
https://www.youtube.com/watch?v=-nVLkkEzvCU
Hey everyone! Welcome back to Day 9 of my 30-Day Trading Challenge. Today's been a roller coaster of emotions and market movements, but that's what makes this challenge so thrilling! Dive in to see the ups, downs, strategies, and insights as I navigate today's trading landscape.
Daily insights into my trading strategies and decision-making processes
Real-time reactions to market changes
Honest reflections on wins, losses, and lessons learned
...
https://www.youtube.com/watch?v=-nVLkkEzvCU
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WHAT
what-is-lot-size-in-forex-trading-mt4
What is Lot size in forex and what is the meaning of lot size.
Also, what is lot size in mt4 and mt5 (meta trader 4)
Lot Size Explained - https://forexmonopoly.com/what-is-lot-size-calculate-lot-size-in-forex/
00:00 - Introduction
01:30 - What is Lot Size in Forex
02:04 - Types of Lot Sizes
02:14 - What is a Standard Lot Size in Forex
02:45 - What is a Mini Lot Size in Forex
03:22 - What is a Micro Lot Size in Forex
03:55 - What is a Nano Lot Size in Forex
If you want to know what is a standard lot size in forex, the correct meaning of lot size in forex trading then you are at the right place, today I am going to share my all idea and know and give you a brief intro on lot size in forex. And also share types of lot sizes in forex trading like what is a standard lot size in forex, what is a mini lot size in forex, What is a Micro Lot Size in Forex, What is a Nano Lot Size in Forex.
What is the lot size?
In the forex market, Lot is the unit in which a trader buys or sells currency.
There are different lot sizes and each lot size has a certain value assigned to it.
For example, if you have to buy 10000 units of any currency, you use the lot size of 0.10, And based on this you have profit and losses.
Different types of lot sizes
1. Standard Lot
2. Micro Lot
3. Mini Lot
4. Nano lot
What is a Lot size, Lot size in forex trading
Lot size forex, lot size explained forex, forex lot size explained, lot sizes in forex, forex lot,
the lot size for beginners
what is lot size in forex?
In the same way, when you buy or sell anything in the forex market you do that in the unit called a lot.
When you first get into forex without any prior knowledge about forex trading you must have come across the word lot. And must have kept yourself wondering about what it actually means.
In this article, I will provide you with all the information you need about lot size.
Learn advance trading strategies - https://forexmonopoly.com
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15/30
15-30-day-15-trading-challenge-halfway
Hey trading enthusiasts! We've officially hit the halfway point in our Trading Challenge. Day 15 serves as a testament to our dedication, resilience, and thirst for knowledge. Today, I'll break down not just the day's activities but also offer a holistic view of our journey so far. From triumphant trades to the steepest learning curves, this challenge has been nothing short of transformative. If you've been trading alongside me or merely observing from the sidelines, there's a lesson in every candlestick. Please support the series by hitting the like button, subscribing, and turning on those notifications. Share your Day 15 revelations in the comments, and let's fortify our strategies as we forge ahead! Here's to another 15 days of growth and discovery! ??
#TradingChallenge #Day15 #HalfwayReflections
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HOW T
how-to-create-a-template-in-mt4-mt5-and
How to create a template in mt4/mt5 and How to use templates in meta trader.
Many traders prefer to use different trading strategies while trading and different strategies may require different indicators. But when we try to use different strategies with different indicators on the same chart, the chart gets messy and, we are not able to read the chart clearly.
If you are searching the various way to create a template in mt4mt5 then today I will clear all your doubts about the best way to use template in metatrader or a way to create a template in metatrader4 and metatrader5. And whatever I am going to share with you all is the easy way to use template in MetaTrader.
00:00 - Introduction
00:31 - What are templates in metatrader MT4 MT5
01:02 - How to create a template in metatrader MT4 MT5
01:45 - How to save a template in metatrader MT4 MT5
02:50 - How to use template and How to change templates in metatrader MT4 MT5
Luckily, the MetaTrader platform allows us to create different templates according to our needs and, we can easily shift from one template to another without hassle.
These templates let us save the indicators and tools required for a particular strategy and we can load them and apply them to our chart whenever we need them.
In this video, I will tell you how to create a template and how to use them. But, before that, if you are a beginner forex trader and want to master the MetaTrader platform, I have a playlist for you I will add the link down in the description you can check it out after this video.
Now, to make you understand how to create a template and most importantly how to use a template.
Let us suppose I trade with two different strategies, one for scalping and another one for day trading. Let's first make a template for scalping strategy.
I use Bollinger bands and rsi for scalping so, I will just add Bollinger band first and then I will add rsi. TAKE A PAUSE HERE So here you go.
Now to save this template right-click on the chart go to templates and click on save the template. Name the template and click on save. Now for day trading, I don't use any indicator so, I will remove the indicators. Take a pause .... And then right-click go to templates, save templates, name it and click on save.
So this is how to save a template in MetaTrader MT4 MT5. Now you have both of your templates ready.
We are done with setting the templates, now the question is why do we need them and how to use them. Let us suppose I am a day trader but I also love to do scalping.
If someday I do not have enough setups lined up or if there are not enough opportunities in day trading and I wish to shift to scalping, all I have to do is go to templates and select the scalping template which we saved earlier and done.
We can now do scalping with
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TREND
trendline-hacks-2-trendline-hacks-that
2 trendline hack technique used in technical analysis to identify potential support and resistance levels. It involves connecting a series of highs or lows on a chart with a straight line, known as a trendline.
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Cryptos Monopoly - https://cryptosmonopoly.com/
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TOP 5
top-5-reasons-why-most-traders-fail
Thousands of traders come into the market every year and a majority of them quit within the first year itself. But why do they quit? Is trading difficult? Or is it that they’re doing something wrong that led
them to failure?
Hi, I’m Daksh from Forex Monopoly and in this video I’m going to talk about some reasons or Top 5 Reasons Why Most Traders Fail.
Stick around till the end as I’m not just going to tell you the problems but I’ll also give you the solutions to it. So that you don’t make those mistakes and get left behind.
Before we get started, if you're new to this channel then make sure you subscribe, so that you don't miss out on any new videos.
00:00 - Introduction to 5 reasons most traders fail
00:34 - Reason No. 01
01:12 - Reason No. 02
01:53 - Reason No. 03
02:35 - Reason No. 04
03:21 - Reason No. 05
04:09 - Conclusion
Visit Our Websites
Forex Monopoly - https://forexmonopoly.com
Cryptos Monopoly - https://cryptosmonopoly.com/
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TradingView - https://in.tradingview.com/u/Drdrey/
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DAY 3
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WHAT
what-are-indicators-in-forex-trading
What are indicators in forex trading and Indicators for beginners in forex trading?
I am going to tell you detail information on types of indicators
00:00 - Introduction
00:30 - What is an Indicator in Forex
01:00 - Types of Indicators
In this video, we have explained everything you need to know about forex indicators.
Indicators are used by forex traders and they are mostly used to predict the price of the future. Indicators. Helps traders to do that.
If you want to know more about what are the best indicators for forex trading or types of indicators in forex or what are forex indicators
#forexindicator #forex #forexmonopoly
Advance Trading Strategies - https://forexmonopoly.com
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IS IT
is-it-all-about-win-rate-and-risk-to
In this video, you will get to know is it all about win rate and risk to reward ratio. Risk to reward ratio is an amount you earn for the risk you take in the trade.
Win rate is the number of trades you win out of the total number of trades you take. I'm also going to talk about Expectancy rate and how to calculate it.
Visit Our Websites
Forex Monopoly - https://forexmonopoly.com
Cryptos Monopoly - https://cryptosmonopoly.com/
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TradingView - https://in.tradingview.com/u/Drdrey/
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LONG
long-and-short-position-in-forex-trading
Long position and short position in forex trading. Long position vs short position for forex traders.
In this video, I will tell you what is LONG AND SHORT POSITION IN FOREX
WE OPEN A TRADE IN FOREX MARKET BASED ON OUT PREDICTION.
THAT IS WE OPEN A BUY TRADE IF WE think that the price is going to move up and we open a sell trade if we think that the price is going to move up.
When we open a buy trade it is called a long position and when we open a sell trade it is called a short position. So this is small and short info on long position and short position explained
00:00 - Introduction
00:15 - What is a Long Position
00:23 - What is a Short Position
00:40 - Why People use Long and Short
#forex #forextrading #forexmonopoly
When we buy we call it a Long Position and when we sell then we call it a short position
Advance Trading Strategies - https://forexmonopoly.com
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Instagram - https://www.instagram.com/forexmonopoly/
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