 Hey, hey, hey, what's happening Forex traders welcome back to another segment of trader talk I think this should be volume six. I can't believe it's been six weeks already since we started this Our weekly meetup, you know where we get to discuss the forex charts and all that so guys here I am back again just need to make sure this is recording properly. Okay, that's fine here I am back again on Tuesday. So guys today, we're going to be discussing A couple of my favorite pairs, but before I even get into the forex chart something very profound happened I think over the weekend I only got to find out on Monday that one of the trades that we had called And that I had actually gone ahead to buy had gone against us And I think at the moment we're probably Just I think we've either hit stop loss or the market is just around our stop loss region So guys in this video. Okay, rather in this aspect of trader talk, I want you guys to see That even the very best traders actually get stopped out And what I want you guys to take from this is a message a lesson that regardless of whatever happens There's always going to be so many more trading opportunities And I want you guys to watch and learn how to react whenever it is you encounter losses. Okay My strike rate is usually 90% whereby I'm right now out of 10 times So for somebody for most of you guys who are watching this who are your trading journeys Not exactly, you know, you haven't been in the market for as long as I have you guys Probably have a strike a strike rate, which is significantly less whereby You're winning maybe six out of 10 or five out of 10 So today what I actually obviously we're going to get into some charts But I want you guys to see how you should react How you should react because the truth is You're definitely going to encounter losses. It's part of the game is this is a business. Okay Okay at the end of the day before X market is all about probabilities We want to we are straight as use technical analysis to analyze whatever the market is doing To ensure that we have analyzed the market enough To have the probabilities in our favor And that's exactly when we go ahead and invest our money and hopefully the market plays out So it's all a game of probabilities All we're trying to do here is we're trying to stack up the odds in our favor and in the event In the event whereby the market doesn't exactly go in our favor A lot of people now this is usually where the where the issue lies A lot of people tend to fret tend to panic tend to revenge trade and all that And yes, that was mean like my first two and a half years of trading But after spending almost 10 years, I was actually doing the math. This is 2021 So I kick I started this market 2011. So this year I'm going to have spent 10 years in the market. So I'm like I should have learned quite a lot of shit in this market, right? And one of the things I've actually learned the market has like the market will humble you Right. So one of the things I've actually learned is how to handle situations where but where whereby the market doesn't exactly go in your favor how to relax how to become You know, so that's exactly what I'm going to be discussing today And obviously I have to highlight that aspect of things because we have trades that have gone on to make us a lot of money For instance, the AUD USD has gone on to hit his target However, I want to stress on the euro because for me to come on here every week I need to be as transparent as possible. Okay, I'm not one of those forex traders I tell you that everything is rosy when everything's not rosy. It's good for us to Celebrate our wins like the AUD USD But it's also very important for us to come and look at our losses for instance like a euro dollar Like what exactly happened? How do we overcome? You know our losses? How do we position ourselves for the next battle? So those are the kind of things I'm going to be discussing today guys I'm thinking is there anything I'm forgetting. Yeah, that's pretty much it So guys jump into my screen Let's obviously tackle let's obviously see The trades that played out very well for us How much we made on that and then we'll go over to the euro which didn't do exactly well for us And then we're going to also try and spot some more training opportunities So that we can try as much as possible to recover some of that 3% that we lost on the euro dollars. All right guys without any further ado Let's jump into my screen and yes for those of you guys who want the forex mastery course The link is going to be down in the comment section below and sure to grab it. Like I say guys It's one of the best courses out there Yes, you're going to encounter losses However, your losses are always going to be very minimal if you listen to everything that I say on the program So guys if you think you're going to be a forex trader who doesn't encounter losses Jokes on you. All right guys. So let's hop into my screen. Let's check out some Yeah, let's let's go into the euro. Let's see what this motherfucker did to us, right? All right guys. I'll see you guys on my screen. Let's go. All right guys So welcome inside my screen today finally got my webcam So now you guys can see me a little bit more Not like you really want to see my face probably get tired of seeing my face all the damn time But guys what we have in front of us right about now is the AUD USD wait Let me just get a bit comfortable actually I got a pillow behind me because I'm becoming an old man and My back's starting to ache me man anyway, so AUD USD was a trade that we placed around the 8th of February It's taking us a whole last month for the market to actually hit our overall target So I want to say special shout out to you AUD USD for giving us some love and making this trade a very stress-free trade If you check the previous volumes of trader talk, you see exactly what we got in store about here And yes, AUD USD has absolutely rallied all the way to the upside I took out this percentage of my trade at 100 retracement And yes, the market has gone on to hit our overall target. So yes guys The top down analysis approach does work and it works really really well My risk to reward on this trade was absolutely amazing I think my entries were here that I think my entries were here and my stop losses came somewhere around here And I wrote this market all the way from here all the way to the upside so If I do a rough calculation on on the risk to reward on this trade You miss where is that long position calculator? I found it So if I do a risk to reward so my stop losses guys go back and check the previous videos I explain everything here So the risk to reward on this trade was about a five to one Which is pretty decent to me right a five to one on this I was able to bank a significant amount of pips probably about 300 pips on this move right about here from the comfort of not doing much All we needed to do was anticipate to move from the higher time frame All the way to the lower time frame and then AUD USD has absolutely smashed it Although I did close out the percentage of my trade somewhere about here You know, but that that that it's been absolutely fantastic. So I want to first of all highlight my wins You have to first of all highlight your wins and be grateful that the market even gave you any money at all because guys The market doesn't owe you shit doesn't owe you anything right as it as an FX trader whatever it is you can take You whatever it is you get you have to take and this is the mentality I've had over the years And this is the mentality that has worked for me, you know pretty well So there you go guys. AUD USD in a nutshell has been absolutely fantastic. Now the question is where do we go from here? Now coming over to a weekly time frame, I'm just going to quickly delete this this market has come into You know, major resistance. I'm just going to expand my screen fully so that we can have a look Right, this market has come into Major resistance at the blue bar Now knowing the market very well and you know 0.8 The reason part of the reason why the market actually turned around here is I keep Forex mastery students, you know that AUD USD always respects round numbers, okay AUD USD always what always respects round numbers Hence why the market has come in here in conflict with our major level, which is obviously here The market has come in here and that's absolutely, you know The thing is there's a lot of tp around here a lot of take profit So all the institutional boys saw this level. They had their take profit levels around this region and lower Guys, this is just a testimony to tell you that these levels do work Look at how we respected this level and then the market has absolutely turned around So what are we going to do from here? Now, that's a very very very valid question. So for AUD USD, I have been able to eat I've been able to eat So I'm not I'm not a greedy person. I'm not going to keep trying to look for trading opportunities on AUD USD At this point once and whenever it is we approach a major level like so I always like to give the market some time To breathe to play around this level so that it can give us his next line of action Okay, are we going to stay here? Are we going to collapse lower? Are we going to break higher now? When I looked at this market earlier on the monthly time frame, it looked like So if I just quickly go over to the monthly time frame quickly So it looked like a potential Pull back into, you know, this monthly level around here So at this point is it's 50 50. Okay. We cannot really say that's why I said I need to give AUD USD some time to breathe if we break above you already know next level target is going to be this black line And then if we break here, we come here. However, if we stall I'm not going to be placing any more trades because we are at major this is a major this is a In a deciding point in the market So if we break lower from here and I start to see a bearish engulfing Monthly candle, I will be looking for selling opportunities to the downside for a potential test of a right shoulder Or if we break above and close above guys, I will be you know me straight up pull back trades for our time frame execution Bye. Bye. Bye. So we have taken our profit. We've taken we've made some money up until this point It is time for us to what allow AUD USD give us its next line of what action it needs to tell us I mean to tell me it needs to come and knock on my door and be like Your dapsy wake the fuck up. It's time to go. Okay, but for now, you know, it's giving me what it needs to give me So this is AUD us in a nutshell. I'm not going to be doing anything At least for the next three to four weeks on this pair. Now. Let's quickly switch over once again Thank you AUD USD. Thank you for the profits you've given to us. Thank you and stay blessed now. Let's head over to the elephant in the room, which is EURUSD, which I had called I think two weeks ago So I'd called the euro upside Everything looks pretty good to me on the euro You know, everything looks pretty good to me. Okay, so let's quickly let's remind ourselves So you see as traders whenever it is the market doesn't go in your favor You always have to come and remind yourself Why are you going to the trading in the first place? Just come because as a forex mastery student, especially For you guys, I know why I keep highlighting this to you guys because whenever it is you get into a losing trade You know, your mind starts to play tricks on you. Maybe I was wrong. Maybe strategy doesn't work And when you get into this cycle, this is exactly when you when you get into the cycle of for this Exactly when you start to look for other trading strategies that You know that most likely not going to You know caught it for you that I'm most likely not going to help you And you're not going to this cycle of jumping from strategies to now is the time to stick with what you're already working with What has worked for you? You just made a lot of money on AUD USD We had a couple of trades that were placed earlier on the year that were absolutely Absolutely bangers. We had a couple of you know, I think gmp us. They are giving us some pimps Stopped us off a break even bank something on that gold made us some pimps top. So we've we're in the green. We're in the positive. Okay And this is just March we still have Nine more months In the trading year for us to make a lot more money, right? So whatever it is that happens during your trading just look at it as a hiccup, right come back and try and Talk to yourself because I'm not always going to be here to talk to you guys I'm not going to be here every time begging you and telling you it's always going to be okay Take it easy this and I started to see a lot of traders on the telegram group kind of like want to Analyze multiple other pairs to look for multiple other opportunities Now i'm not trying to dictate to you guys what you should trade and what you should not trade But my point is that is a very common trait Whereby the trade you place doesn't work out due to xyz reasons and then you start looking for other opportunities on other pairs Now for me like I said, I'm not going to tell you guys what to do, but I'll tell you what I do I stick to the majors usd usd base pairs even within the majors I like to stick to the euro usd the gbp euro usd gbp usd AUD usd see these three pairs and gold These these four pairs and sometimes am I flat with euro jpy a little bit hardly Okay, so you see this usd base pairs are very easy to predict I'm not going to say because the usd base pairs are not cooperating which they actually are I'm not going to say because the euro isn't giving me what I want. I'm going to go jump into gbp chf or chf jpy now Okay, that is a compulsive behavior. Okay a compulsive attitude to wanting to always trade. Okay, and If you ask me like that's not the best approach if the market takes from you Okay Like revenge trading is only going to make things worse Okay, so rule number one try and like map out a couple of pairs that you like If you like the exotic pairs feel free if you like the jp or some people love gbp jpy Some people like the pound base pairs. I know a guy gbp jpy gbp AUD He loves them and then he does gbp usd as well I like the us dollar base pairs because there's more liquidity in the pairs You have to understand that the us dollar is the global currency Okay, everything flows through the us dollar and for the fact that everything flows through through the us dollar I like to You know It means there's more volume is a lot easier to predict Everybody's trading and if everybody's trading it That means you have to understand that the market moves based on mass human psychology. Okay Everybody's looking at it if everybody can identify a common resistance That means it's going to hold if everybody can identify a common support level It means it's going to what is going to hold. So this is the ideology As to why I traded usd base pairs and if the pairs I'm trading are not cooperating What do I do? I close my laptop and I go and spend time with my family and I go and run my other businesses There's no point trying to extract what is not going to be extracted If not the market will extract from your bank account. Okay back to what I was saying So Let's look at the euro dollar, right? Um, just to quickly reinforce the analysis that we did triple bottom We had a spike to the upside. This is an impulse leg We have pulled back and we're expecting this market to come and give us at least a double top Now the reason why I'm still adamant about the euro dollar being bullish is this I know for free That if the market has gone into put if the market has gone into putting the high It's an impulse leg and we have retraced back If this market is tired Of heading higher it will at least come and put in what they call a double top The market doesn't doesn't just go halfway and turn around At least from experience. Okay, so These factors and these clues and these characteristics. I'm counting on these are the characteristics I'm counting on so whenever it is I have my training hunch or I'm doing my analysis You know, I have a set of rules that guide me It might not work a hundred percent of the time, but trust me 95 percent of the time it sees me through Okay, it clears out the confusion. I have that, you know, straight path to success. Okay So because these rules have helped me in the past, they're most likely going to see me through the future Okay, so I will keep holding on to them and I'll keep hounding them If this market has come to put in an impulse leg This is an impulse leg to the upside. We have pulled back for a higher low. This low is higher than this one. So The characteristics of an uptrend state that we must at least come in to put an equal high Okay, if not a higher high for this uptrend to continue So even if we don't come in to put in a higher high and this market wants to indeed reverse We must at least come in to put equal highs for a double top before we start to roll over and so far This market has come shy of the double top region. Okay He hasn't done that. He hasn't gotten here yet So I still believe that there's room to the upside There might be a couple of hiccups as to why we haven't gotten there yet, which we obviously have to find out why So now we scale lower to maybe a weekly time frame. Let's see what exactly is happening on weekly time frame Okay Now. Oh my goodness. Don't freeze on me. Please. It's the wrong time to freedom freeze on me. Good Now looking at the weekly time frame, I can see that I can see that we have a pattern here. It pushed to the upside consolidation for for a long period of time some serious several weeks and we've pushed higher and then a consolidation So this consolidation is quite identical to this one. Okay, and I believe that The market is still somewhat consolidating for its leg to the upside. Is it ready to go higher? Well If we check on the daily time frame judging from The trend that we try to place the market has told me that you know this So the truth is we this black line and this is what I always say If I see any reason Any level whereby I feel we might have an issue in the future I always come and highlight it with a black line This black line has saved me a lot of money But in this case, it didn't save me any money because what has happened is I entered this market somewhere around here We were pretty much 50 50 percent through to our first levels target, which was here Okay, we came shy of here. And then what happened the market absolutely collapsed all the way to the downside And not not only only has it English language Give me a sec. Let me drink water. Good Now I'm going to take this very slowly Not only have we collapsed lower we have my stop losses were right beneath here So as you can see we have been I have been stopped out from this trade And that's cool guy. That's the minus three percent loss So if I balance out what I made on AUD USD and what I've lost on euro euro dollar This this stop loss is pretty much in consequential to me. Okay. I hate the home run at at a 3 percent risk I was able to return about Because I closed out 50 percent of my position. I was able to return about 13.2 percent return on my AUD USD trade So if I deduct that from this loss, I'm still up 10 percent from these two trades, which is Guys, trust me. That's very fine by me. Like I have no qualms or no issues about that because What the market gives me I'm going to take I'm grateful Like you have to understand that in a year like my target is just to make 60 percent and I'm good If the market gives me more I'm blessed. I'm fine So judging from the gbp USD trade. I'm the gold trade If I add 10 percent now I'm probably up maybe 15 to 16 percent for the year so far guys. This is just March. Like I know like I have nine more months of trading to come. I'm definitely going to hit my 60 percent target for the year and much much more because trust me once the dollar starts to trend properly The mula is going to start flowing. So what we're doing now is whatever the market gives us We take we put it in our pocket. We chill, okay We chill and it's very important for me to come and highlight this euro dollar trade To us because you know, there's no point of me coming to pretend as if everything's okay when we clearly just got stopped out Okay, and guys don't panic. Don't stress. Don't don't even do don't worry yourselves. Close your laptop So let's look at what the euro is doing at the moment. Let's try and understand what happened Okay, we drew our trend. Everything was fine. The truth is everything is fine Everything is freaking fine. If I draw my Fibonacci levels, everything is fine. Okay I'm still very adamant about this market heading to the upside. Can it head lower? Of course you can head lower I'm not the market. Okay. I'm not the market. However The market is still giving me signs like yo, listen dabs I have it hasn't done anything for me to Change my bias thoughts yet. Maybe if we come and break below this yellow bar I might be expecting a roll over to the downside, but for now, none of that has happened. So Um, I have no reason to change my bias. Now. Let's actually look at what actually transpired We fired all the way to the upside And then the market has come back down here on the weekly timeframe We have come back and closed back down below here now knowing the euro dollar very well the euro dollar Is the kind of pair that doesn't really like to give up that easily Okay, it won't just give up that easily. He knows he wants to come here But it's not he usually likes to come and do what they call shake out stop losses Shake out traders who don't have proper stop lot stop loss placements He has done that to me in the past So this is why I always try and give it a wide stop loss But in this case my stop loss being here the market still came to it and that's absolutely fine If indeed we wanted to be as conservative as possible Our stop loss ideally should have come below swing lows about here But then our risk to reward won't be that great So as I know right shoulder is fine for me and it has come to paint yourself That's absolutely fine. The question now is what do we do next? We do nothing We do what we do nothing this market needs to tell me where the hell he wants to go to because you've eaten my 3% I'm not crying. Oh, I'm not gonna cry about this. Well, you've taken my 3% And I'm not planning on you taking some more money from me. So I'm gonna have to chill I'm gonna wait for you to dictate to me. What is and I'm not going to start looking for other pairs to trade as well I'm going to wait for this guy to come to me. I have attempted you Attempted you. I attempted you the first time you made me some pips Okay, and then you came to stop me out for break even I have attempted you again the second time this time around You did not even allow my trade to get to my first level target So that I could at least move stop losses to break even you have come to stop me out So mr. Euro I get the message you are not ready and indeed you are not ready So I'm not going to force you to do what you don't want to do But I know I know for when it is you already you will come and knock on my door and be like daffy It is time to go and obviously I'll come and update you guys on that So guys for now what I usually like to do when the market isn't exactly cooperating and trust me as I can see this Is is looking to me That this market has come to do a stop launch run and wants to close out guys If this market comes to close above here Chances are that this this this this bullish momentum It still has a skin in the game. So what is going to happen is if we close above here I'm just going to monitor this level about here. Just area just to see what happens Maybe we might want to head higher and then I'll come and reevaluate to look for a bullish You know opportunity to the upside However, if that doesn't happen I'm going to have to leave it alone. So that's just the I'm not going to revenge trade. Please. Please traders for it, especially my students Please. Please. Please. You cannot take the course spend 99 bucks and still be revenge trading. Please Leave it alone. If it's not cooperating what leave close your laptop and go and spend time with your with your family Now, let's head over to jbp usd to see what that bad boy is doing Now jbp usd is another trade is another pair of ours that has gone to what hit our overall target We call this level beginning of the year when the market was still trading here Just goes to show you that our levels are spot on. It's a magnet check volume two or volume one I call this level although we were unable to find any potential by opportunity to carry this trade all the way to the upside However, the market has gone on to magnet to our level Now, what is this market going to do next? It's very possible that we might roll over back into this base level about here for the fact that we've come into major Resistance about here. I don't know what this market wants to do next It probably wants to come down here and consolidate it might want to come for a bigger picture retracement I'm not sure yet. I'm just going to quickly draw my a longer trend line just to see Where this market might want to retrace into Don't forget always draw it at the weeks of the candle feel free to come and draw an inner one So that you don't get the message wrong. Okay right about so Clean easy and nice. So a potential pull back into this level for further upside is on the cards However, the gbp us is just hanging around here at the moment Maybe if I come to a four-hour time frame, they might be a support that I'm not seeing moment At the moment at the moment at the moment Um, so yeah, maybe this is the reason why we're actually holding on here for dear life Let me just anticipate this Cool. So gbp us is looking at this at the moment. Um Is this setup is not exactly the clearest setup So I'm gonna I'm gonna stand aside on this. I know you guys will like this guy likes to stand aside. They'll see every treat As the truth is I do treat but my capital is more precious to me than than trading Okay, my capital is more precious to me than trading. I'm more of I'm more of I like to I like I like to make money in this market and I like the surest bets Like I said, we have to stack the odds in our favor If you are an aggressive trader you might push this to the upside Feel free to do that But this setup is not the kind of setup that I like to trade is not I'm not seeing all the things that I like to see on this especially for the fact that we have just come into Major resistance at the moment Maybe in my early days, this would have been a trader that I would have placed. Well, okay guys, you know what's gonna happen The probabilities of this working out is probably 40 60 40 percent possible 60 percent not possible. So if you're willing to carry on If you're willing to stake your money on those kind of odds, feel free to click a buy on this But I don't really like the odds on that. So so that doesn't feel as if I'm not giving you guys a trading opportunity So if You know the 40 percent of the upside 60 percent it might not work out We might want to pull back a bit lower, you know before we head higher and all that so GP us think can head higher 40 percent of a heading higher Especially for the fact that we've come here and guys if I check very carefully on my weekly timeframe You know from this weekly timeframe Uh, give me a sec daily You know these sorry about that these These red candles that have come off this level Um, signifies to me that this market probably wants to come down a little lower It for potential consolidation around here. So if you are a more aggressive trader feel free to buy But I will not be buying this market now. Let's go over to something that I feel We can potentially trade in the meantime Which is gold. So for those of you guys who know, um Our story behind gold on this Trader talk tuesday, right? We tried to short gold. Remember I know I've been calling gold shot from somewhere around here Overall targets are going to be here Our our overall bias has played out pretty nicely. However, gold made it almost impossible for us to Hold on to a sell trade. Why? Because for every time we try to sell there was a snapback There was a snapback. There was this until finally he came to break and guys should be told I don't have the emotional patience for this kind of BS. This is just the truth Like I like smooth sailing markets I didn't have the emotional patience for this and for the fact that we were trading around and in guys It's okay not to have emotional paid Threshold for shit like this if you don't have it leave it alone And once the market was, you know stressing about, you know, he didn't know whether he wanted to go higher I was just like, you know, I'm just gonna leave this guy when it's ready He's gonna tell me what he wants to do anyways long story short But I always knew, you know, like I kept on saying 90 percent to the downside 10 percent to the upside. I always knew this market was going to come here However, it just hadn't given me, you know, guys, I like it Like for instance, look at this guys. Look, let's just look at this You can see that we have cleared every obstacle. First of all, we're no longer battling this major level We have cleared this hundred percent of treatment and we have also cleared a black line So guys as you can see if I zoom here, you can see that from here to here if I look left, there's no stress There's no issue There's no issue No issue This guy has no issue It's literally hanging inside of here between here and here. No man's land. No issue. Like there's no Should I not this like it's it's clear to the downside these kind of opportunities. I like to take advantage of Because nine out of ten times it will work out in my favor Okay, I like to take the clearest trade possible clear clear has to be very clear So that in the event that it doesn't work out, I know that I have done my part Maybe the market just wasn't ready to do what he wanted to do Okay, but nine out of ten times the clearest and most straightforward trades Will will yield you the the money that you're looking for and these are the kind of These are the kind of rules that a lot of traders Claim that they want to stick to you but don't end up sticking to it So let's see how we can take advantage of a falling gold if indeed he wants to happen So ideally I'll be looking for a little something like this. I need to see a bounce off of this region to the downside Okay, a spike here the spike clear out here For our bear bearish engulfing candle. I'm going to show this market all the way down inside here. So I'm going to wait for this if we jump above here and start heading to the upside. I'm not interested We need to come here Stay below because we are capped. This is called in trading. This is called a capsule In trading what this is called a capsule. So what is a capsule? A capsule is whereby the market is falling and comes And starts trading in between two previous ranges. This was a range So the capsule the top of this capsule is here The bottom of the the bottom of the capsule is here Usually the market will come inside of the capsule Test the top of the capsule and then come and drop back down to the base of the capsule It has happened and he happens it happened previously. I've traded it I've made a lot of money from it. It is a proven fact in the market. So those rules I shall use those rules to guide me. Okay moving forward So we have to trade the capsule. Okay, we need to come back into the top of this capsule You know, maybe stop launch run somewhere around here. Let me even see if Fibonacci might want to play out Give me a second swing low to swing high So, you know, maybe a 50 fib somewhere around here will be nice for me Like I'm not even in a hurry guys. I'm after once I'm done with this trader talk Tuesday Guys, I'm gonna go chill man. I'm gonna go have something nice for dinner. I'm gonna chill I'm gonna open up my you know have meetings with my team my e-com store. I'm speak to my mom You know, just chill man A lot of the market do what it has to do spend time with my family watch on some Netflix, you know Speak to my girl. You get what I'm saying You know, so while this market does what it has to do and maybe Friday Monday next week, I'll come and revisit because it's gonna take some time to get here come back and revisit it Are you ready to go? Are you ready to go when it's ready to go? Then I should start clicking some buttons. So in the meantime AUD USD, thank you euro FU, but it's okay. I still love you euro Um, thank you for you've given us some pips before in the past I cannot hate on you. You've been absolutely fantastic Um, so I'm gonna wait for you to tell me what you want to do the GBP USD We have a potential long setup But like I said, 40% of the upside is a probability probably even 30 I'm not really happy with that setup, but gold is looking like a bit like this. Okay Just lift off to the upside gold and then probably come and melt all the way to the downside at the bottom of this capsule. So guys There you go another version of trader talk. You see how I come all the Forex mastery students all the things that I've taught you guys on the course You see how I come and implement them in real life real time Because the market is dynamic is every change in like today looks like so, you know You have to be able to be flexible use those principles and use these principles as well to guide you Stay disciplined stay focused and I'm happy that we've actually hit a stop loss straight So that you can see how a professional trader handles a losing trade It's not a big deal. It doesn't mean that you're worthless. It doesn't mean that you're stupid You are still a very intelligent trader. Okay. Take it from me So guys, I'm going to take you guys to my other screen. I have a little message for you guys before I go All right guys, let's go. All right guys. So there you have it another very fantastic episode of trader talk I think like I said today like I said earlier today is version 6 volume 6 has been six weeks so far We've made a couple of profitable trades and I think we've only encountered one loss so far Which in my own opinion is pretty good. So guys, this is exactly how I this this is exactly how I process When the market doesn't go in my favor It doesn't necessarily mean that your analysis was wrong or anything sometimes the market just doesn't cooperate guys Whenever it is your encounter losses, that is not the time to start jumping from strategy to strategy Forex mastery students, you have the best approach or you need to do take a fucking chill pill relax Okay, and you leave to fight another day You live to fight another day. You have to stick by the rules These rules will guide you through thick and thin. Okay in good times and in bad times in good times everybody's smiling Everybody's happy. Yeah. Yeah. Yeah, or everybody's dropping a lot of comments like yes. Yes But in bad times, I don't know how many comments this video is going to get But you know, that's exactly how it goes So guys the most important lesson that I want you guys to take out from today is how to handle yourself How to comport yourself because at the end of the day, I'm not going to be there to stop you from trading I'm not going to be there to beg you after this lost. Don't trade take Take this as gospel Okay, whenever it is you have a losing trade. There's no need to revenge trade. There's no need to try and fight back There's no need to try and get angry. Just leave the market alone and come back Maybe a week maybe two weeks later. Maybe three weeks later Like for instance, I'm not going to touch the market for maybe Just because I have to keep doing this weekly segments Usually when the market doesn't go in my favor probably close my laptop for about two to three weeks Just to allow the market to balance out and stuff like that. So guys there you go Once again, if you want to grab the forex mastery course, it will teach you how to do all of this How to handle your freaking self in situations like this and most importantly how to make the best trading decisions possible Once again, don't forget to smash the subscribe button and drop me a comment if you found this video helpful All right guys, take it easy. Stay safe and stay blessed. Love you guys and peace