Abas Forex

Crypto 💓

Back in Black

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We trade we withdraw 💓

[How to use trading indicators like a pro]

You don’t want to have multiple indicators from the same category because they are correlated and doesn’t provide any new information.

That’s like trying to get your wife pregnant in one month by “firing” incessantly. It doesn’t work.

And it’s the same for trading.

So, the rule of thumb is this:

Have only one indicator for each purpose.

I’ll explain…

If you want to trail your stop loss, you can use either the Moving Average or Chandelier Exit — but not both.

Or if you want to time your entry, you can use either the RSI indicator or Stochastic, but not two together because they have the same purpose.

Does it make sense?

It's easier to make $1k from your job than trading.

But it’s easier to make $1m from trading than your job.

That's the power of compounding.

Life on earth is like a holiday to a beautiful country.
One day, you will be back home.
While you are here in this foreign land,
1) Take your time to enjoy yourself
Enjoy the company you have, the food you eat, and the sights you see.
2) Don't treat it like a checklist
A holiday is not checking off all the places you went and how many photos you have taken. Instead, be in the moment, be present wherever you are, you can enjoy the moment
3) Treasure it and be contented with it
Know the holiday will end one day, and you are taking nothing back to your home. So enjoy each day to the max.

“The rich rule over the poor, and the borrower is a slave to the lender.”

There is a popular thinking, especially among property investors, that debt is wealth.

The more good debt you have, the more positive cash flow and capital gains.

This is the Babylonian system of slavery.
Enslaved people have to work to pay off their debt, but the debts never get paid off, even when they are old.

Have the wisdom to know when you are a slave to the system. Choose free over the mindless pursuit of more.

We teach what we know 💖💖

We buy
The market buy
We sell
The market sell

Some times little evidence count 💖