So I’ve been trading forex for around 1 month now and here is my list of things I’ve come to learn I was doing wrong.
1. Trading to high of a volume.
2. Being too hesitant when trading.
3. Looking at too small of a time frame.
4. Don’t chase the market/profit/pips.
5. Don’t put all volumes in one trade.
6. Not using Stop Loss. (Stop loss rules ADR 10-15% Scalping. 25-30% Day)
7. Entering trades when not at best price.
8. Don’t follow advice from TradingView chat unless there is a chart.
9. Too close of a SL.
10. Not doing chart analysis.
11. Wrong time frames. (Correct = H1 for chart analysis and M15 for entry)
12. Use the quick buy/sell little as possible.
13. Expecting too much of the market.
14. If it doesn’t meet my rules don’t take it
Trading Forex is actually a difficult process. It’s not as easy as just buying high & selling low or other way around. Anyone can hit a buy/sell button but not everyone is willing to put in the time to look at the charts and do analysis of the charts. it’s 99% looking at charts and 1% making a trade.
As you may of seen over the last couple of days. Some things have been changing around these parts of the intenret. That’s due to me wanting a new look for the website. THe design may change over the next couple of days. I’m using wordpress so if you have any ideas of suggestions for a look for the website please comment below 🙂
So i’ve been without a mac for around 2 years now. I’ve still got my Mac Mini from 2009. But with age becauses slowness. I did have a SSD in there and it was working. But had to take the SSD out to use on a computer repair job. I’ve finally got another Mac Mini from Late 2012.
THere are the specs above if you would like to know. My aim for this machine is to use it as a production machine. From blog posts to software/game creation and all matter of other things. I’m no doubt going to be using my Windows machine more as a gaming machine now and my mac a prodticity machine. And no doubt just jump between the two. The currrent set up is my 3 monitors are still on my windows machine and then my mac mini is on my right screen. Just changed the input on the right monitor and bam back at using the 3 screen for my windows PC.
So as some of you may know. I’ve run my websites from my Mac Mini from home for I’d say for the last 6+ months. I’ve decided to retire it and move back to using name.com for hosting my websites. Due to the safety net that it provides. Less chance of data loss. I’ve learned a lot doing it. Like security and the general means that comes with hosting websites on your own. I’ve been using MAMP Pro so I’ve not learned about apache host files etc. But know doubt I will be as soon I’m going to be getting my old data centre server that I have up and running and use it as a play around server and buy a domain for that server and use it for that.
The NAS that I have too is going to be retired too. I’m moving away from PLEX and just going to use Amazon Prime video and Netflix since I’ve got them anyways. I might as well just use them.
If you have any suggests or recommendations on what i should use on my main server please comment below.
I must say what a year 2016 has been for me. I’ve gone from having nothing to having it all to then losing it. To only just getting over it all and picking myself back up. So much has happened to me it’s unreal. Not going to lie it’s not been my best year by far. But I’m for sure it can only get better from here.
The lessons I’ve learned have been big lessons. From starting my own business to losing it all and having to start from scratch once again. But that’s part and parcel of being an entrepreneur. I’m sure I’ll no doubt fail more times from now. But it only takes that one to make it to success. I just hope I can keep my attitude the way it seems to be lately. Positive.
I’ve been reading through my Facebook Memories of this time last year (When I had the shop) and honestly I do miss it. But failure isn’t going to stop me climbing back up and reaching out for it again.
From what I’ve learned there is such a thing as moving too fast in the business world and that’s what I did and it well bit me in the arse and boy have I learned from it. Climbing the ladder too fast can mean you get there faster but you will no doubt slip up more often than taking your time. That’s what I’ve found. I’ve learned when to give it your all and when to just take your time.
I might never be rich. But i know i won’t quit/give up or stop till I’m successful in my own right.
What is OBINX?
Obinx allows you to stream to Twitch via our server using OBS. Rather than having to use OBS to Twitch. This enables you to use your present laptop/desktop computer rather than having to upgrade thus saving you lots of time and money. The team at Obinx consists of gamers who love to stream. We are dedicated to making streaming easier and more enjoyable.
Right, you may not have heard of Obinx. What Obinx is as it is explained above is a way of being able to stream to twitch (soon YouTube as well) with your current hardware. I’ve done some tests with it and I must say it’s amazing and actually does what it says on the tin. I wasn’t able to stream Battlefield 1 using OBS at all but since using Obinx I’m able to do so without any system upgrades needed at all. I’ll post a video here so you can see Obinx in action.
When I was streaming I didn’t notice any problems with the stream at all. I’m just so happy I’m able to stream now where as before I couldn’t. If you want to read more about Obinx visit there website over at Obinx.com. If you have any questions or want to know more they have a support website/forum over at Obinx.com/Support.
Right that’s me out for this blog post. Hope to see you in the next one.