Jesse Gemi

Many people often think that to invest effectively, one must constantly keep an eye on the market, but in reality, it doesn't have to be that way. The market sometimes requires waiting; there aren't always clear opportunities to place trades. What's important is to be patient and wait for the right conditions to appear. Forcing oneself to trade continuously not only causes fatigue but also negatively impacts health and life. Instead of chasing the quantity of trades, focus on the quality of each trade.

#tradingtips

Don't just think about making money,
think about trading well.
The most important thing about trading well,
is following what you have planned.

#tradingtips

The feeling of "freedom" in investing arises when you are confident in your decisions, not influenced by outside opinions. Many investors often get lost by advice from forums or communities, causing them to forget that they can build their own strategy.

Take time to think for yourself, review personal plans without seeking validation from others. When you no longer pay attention to external judgments, you will truly feel the "freedom" in trading.

It is important not to let society dictate what you should do. Stay committed to your personal goals. Once you overcome the fear of solitude and start to enjoy it, you will find your own path in investing, freedom, and stability.

#forex #trading #tradingtips

In life and the trading journey, everything is up to ourselves.
Karma is not a story of luck or circumstances,
but the result of our decisions and actions.
When trading, don't blame the market or the platform for killing your trades.
You are the one who decides to buy or sell a currency pair or any trading pair.
If you enter the market with a subjective mindset,
without any specific plan,
or unrealistic expectations that this trade will win,
then you are only harming yourself.
Prepare thoroughly, understand the rules of the game,
and assess your trading abilities before putting in your money.

#tradingtips

The market is created by the buying and selling behavior of each individual
Buying and selling behavior is formed by the trading psychology of each person
Trading psychology is created by 2 main emotions: greed and fear of each of us
Greed and fear are inherent in every human being
And human nature never changes, so the market tends to repeat similar patterns
Therefore, rely on your own psychology and market psychology to avoid overly bought or sold areas of the market when participating in trading.

#trading

"Failure is a very effective educational lesson for traders. You learn very little from victories; it is the losses that teach you lessons you may remember for a lifetime. And as long as you do not make the same mistake twice, you will always have the opportunity to improve."

- Jesse Livemore -

Ralph Waldo Emerson once said that in life, you get what you give. If you want to have more, you must contribute more in both quality and quantity. This is also true in financial trading. Many people only look at the profits of others without seeing what they have invested: time, effort, learning, and capital. Before wishing for success, ask yourself if you are ready to pay a high enough price? Success has no shortcuts; it is the result of hard work and investment. When you have developed enough in knowledge and finance, the results will come to you.

#trading #forex

Why Haven't You Escaped the Losing Phase?

1. Main Reasons
We often find ourselves losing the profits we have just made in trades. Why does this happen and how can we fix it? Below are some reasons and ways you can take action to build a successful trading method.

2. Irrationality in Trading
Irrational Decisions: In stressful trading situations, we are prone to making irrational decisions. When the market moves contrary to our expectations, many traders tend to jump back into trading immediately to try to recover losses.
Pain from Losing Money: When we lose money, the emotional pain is often stronger than the joy of making a profit. This leads us to be more inclined to "hold onto losses" rather than "hold onto profits."
Pressure from Losing Money: People often feel more disappointed when trades fail, which might be due to trading with money they are afraid to lose or the desperation of not having profits yet. The pain of losing money drives us to seek ways to "make up for it," a flawed perspective since there is no way to compensate for losses.

#tradingtips

THE POWER OF THE FINANCIAL MARKET
This market, frankly speaking, is not suitable for everyone... When you win, somewhere out there, someone else is losing.
This trading profession is highly personal, as each person's nature will distort the reality of the market in their own way. Specifically, each individual with different levels of greed, hatred, and delusion will encounter different obstacles, frequently making various trading mistakes, and may succeed or fail; results may come early or late...
Facing a constantly fluctuating market, prices rise or fall due to supply and demand, yet people hope it goes according to their wishes and get attached to it. If it aligns with their wishes, they are happy; if not, they are sad, with many crying and some laughing.
Even when earning the same profit, people can still feel differently; for example, someone using account 100$ will feel happy earning 10$ , while someone else may feel uncomfortable if they are trading an account of $1,000.
Clearly, the feelings of happiness or sadness here depend on each of our attitudes, as different likes, dislikes, and expectations conflict with the actual results.
We rarely see that the troubles in trading are actually troubles coming from within ourselves, while the market is merely an external condition affecting us.
The ego only differs on the surface; when going deep inside, everything is exactly the same.
The market never forgives anyone who does not know what they are doing.

#tradingtips

All inquiries about material things and conveniences in this life stem from the greed of human beings, and desire is like drinking saltwater; the more you drink, the thirstier you become. The more you wish for something, the more likely you are to suffer.
Wishing is when you hope for things that have not yet arrived, that do not exist, that are not enough. Living in that mindset makes it difficult to feel complete joy in the present, with what you already have. Regrets about the past and waiting for the future are the main causes of inner suffering in each person. Meanwhile, only the present is real.
Thus, the only way to make us feel happy is to be content with what we have and to replace joy derived from ownership with joy that comes from a spiritual perspective.

#tradingtips

TIMING IN TRADING

The market often spends 80% of the time in a choppy state (no clear trend), making trading difficult and risky. If you enter a trade at this time, you may get stuck and lose your advantage, rendering all initial predictions inaccurate.

In trading, there are two factors you need to pay attention to:
1/ The main trend of the market: "Trend is your friend" you have probably heard this quite a lot already.
2/ Timing: This is the more important factor, because entering a trade at the right time can help you make a profit even if you are wrong about the trend.
Good timing helps you avoid losses even if the trend does not go as you predicted.
On the contrary, if the timing is wrong, it can cause you to be eliminated from the market before the price moves in the direction you analyzed.
So how do you find the timing in the market?
You may not know, but we can choose the trading time frame, specifically in the forex market.
It is the overlapping time between trading sessions.
Why? Because it is based on the liquidity of the market.
The liquidity of the market will be at its highest when many people are participating in trading.
The overlapping times between trading sessions will have higher volumes than each individual session, leading to larger fluctuations of currency pairs during the forex market session. This is why scalpers take advantage of trading during session overlaps.
A trading session with high trading volume will have better market liquidity, which means trading costs (spread) will also be lower.
And our orders WILL HAVE A HIGHER PROBABILITY OF ALIGNING WITH THE MARKET PRICE MOVEMENT TIMING.

#tradingtip

The timeless psychological dilemma of a Trader: “Holding on to losses, taking profits too early”
Most Traders always think “take profits early when the trade is in profit” and “do not want to cut losses when the trade is in the red.” This is human instinct. Traders often try to avoid losses by holding onto losing trades, hoping the price will turn back. Conversely, they take profits early because they fear an unexpected price reversal.
Both of these actions lead to inaccurate decisions. If you hold onto losing trades for too long, you may lose even more, potentially blowing your account. Meanwhile, small profits are not enough to offset large losses.
Forex is a ruthless market. If you are not strong enough in terms of experience and psychology, you will soon be eliminated from the game. Winners always know how to manage capital and risk, understand that cutting losses is necessary, and that no system wins 100% of the time.
When a currency pair is sustainably rising but suddenly retraces, many buyers will take profits to “play it safe.” However, winners will reassess the market and if they see the retracement is temporary, they will continue to hold the position.
The main reason for taking profits too early is that Traders look at the charts too much, easily becoming confused and anxious. They cut trades to feel more comfortable psychologically. But this can lead to the habit of taking profits too early, and in the long run, the account will decline.
Managing emotions is not just about avoiding entering trades when at a loss, but it is a continuous journey. It includes knowing when to stop, when to hold, when to let go, and when to grasp.

#TradingTips

Just keep sowing seeds, planting trees, watering, ... while nurturing and learning planting techniques to ensure that the trees die less, grow quickly & yield high. One day when you are old & tired sitting under a tree, it could very well be the tree that you planted and cared for long ago. You deserve to enjoy the sweet fruits & cool shade.
In the first 5-7 years of your career, you should focus on planting. Young people nowadays have many who want to harvest but do not want to plant. Just think about it, do you want to harvest fruits without planting trees, investing time & effort to nurture them? Wouldn't that mean you have to steal? And even if you steal, you would still feel uneasy; having a lot of money would not bring you glory.
So do everything in accordance with nature, do not cunningly take shortcuts; sometimes the price you have to pay will be extremely high. Whatever it is, your capacity should determine what you can enjoy, that's the most fulfilling. Not having money is already suffering and shameful, but having a lot of money without knowledge is even more shameful.

#tradingtips

Trading is not a quick way to get rich.
In reality, 95% of people participating in the market fail. The reasons for failure are many, but the deepest cause is a lack of perseverance and not waiting for the right moment for oneself.
Most people enter the market with the desire to make quick money; this mindset causes them to lose money and get eliminated from the market after a few months or years of trading.
If you are not truly passionate, do not enjoy exploring the market, are not willing to invest time, and accept the initial "tuition" to hone trading skills and accumulate experience, it is best to stop early. Because when the goal is just to make quick money without passion, trading is not suitable for you. Trading requires patience, discipline, and a spirit of continuous learning; if you lack these qualities, success in the market is nearly impossible.

#tradingtips

Why do many people lose when trading Forex even with only buy or sell orders?
The main reason lies not in the trading system or trading plan, but in discipline. A good trading system or a reasonable plan becomes meaningless without discipline in execution.
The less discipline, the more emotions will influence your trading decisions. This leads to a loss of control, trading deviating from the original plan, and gradually draining the account until there is nothing left.
This is like a gambler sitting at a betting table. Initially, he has a consecutive winning streak, and his wallet visibly grows. But then, after a few losing rounds, he decides to bet all the money he has won. In the end, he leaves the table with an empty wallet.
In Forex trading, the top priority is not how much profit you can make, but to PROTECT WHAT YOU HAVE. When you run out of money, every opportunity becomes meaningless.

#tradingtips

No matter the market, there will always be ruthless crashes. Each crash is a cleansing wave, eliminating those who lack the courage to fight. Those who borrow and raise capital in hopes of a quick turnaround ultimately only face failure, then quietly leave the market.
Only those who are tough and can withstand pressure survive through the turbulent waves and gradually become true players. Every time the market goes through a 'bloodbath', it comes out stronger, preparing for a larger cycle. Whether it’s stocks, real estate, or cryptocurrencies, despite numerous bloodshed, indicators continue to rise over the years. The market grows stronger after each cleansing wave, and that is how it develops.

#tradingtips

In investing, everyone aims for profit. Especially newcomers, who always focus on how to "double or triple" their capital. They lack sufficient experience, have not tasted enough failures from the market, so they often overlook what is called risk in trading.
But for those who have gone through many ups and downs, who have been hit hard by the market multiple times, their mindset is completely different. For them, capital preservation is the vital principle. Because they understand one simple thing: as long as there is money in the account, tomorrow the market will always offer us a chance to start over. When the money runs out, it's game over.

#tradingtips

Character and Mind

Character is what is inside the seed
Mind is what is inside each trader
As the character is, so is the result
As the mind is, so is the insight
Good character, kind character leads to healthy growth of plants
A joyful, peaceful mind allows the trader to make profits.
Therefore, the trading journey is a journey where you must turn back inside yourself, because the mind is where everything begins, the source of all things.
You should start observing your mind, see how your mind behaves before entering an order, while the order runs, and after the order ends. Observe how it jumps around, quietly watching how your mind has different states and behaviors, for example, whether you feel happy or relaxed when entering an order, whether you feel calm or not. If you enter an H1 or H4 order but check the chart every 5 minutes and continue analyzing, if the order is losing, you hope to break even and DCA more, remove the stop-loss, or worse, borrow money to hold onto losses day after day. If the order is winning, you are worried, afraid the price will return to the entry point and lose money, so you cannot hold onto profits as initially expected.
So for those who are trading and still experiencing losses or just starting, please stop, do not search for the Holy Grail anymore. The Holy Grail is not far away; it lies within you. Therefore, the first step for you is to turn back inside yourself to fix your inner character, and from that character, you will naturally transform to trade better and be happier, then profits will come to you.
As for how to fix "character" and adjust "mind", we will discuss that in another article.

#tradingtips

When you rush to click Buy/Sell without carefully checking the setup, it's not the market forcing you – it's you pushing yourself into risk. Afraid of "missing the opportunity," thinking "it's fine, just go in!" – but afterwards, what's waiting for you is "getting burned." Then after "getting burned" you look back at the chart, only to see you missed 1-2 factors for entering the trade, or even that there are no factors that match the trading system / trading plan you initially set.
This is the psychological trap that the market sets. It stimulates greed, preys on fear, and forces you to act on emotions instead of reason. And trust me, market makers, bookmakers... they understand this psychology better than you understand yourself. That's how they make money / exploit – from the emotional mistakes of retail traders.
Trading is not an emotional game.
If you want to survive? Follow the rules.
Thoroughly check the setup, wait for the right signal, then enter the trade.
Not meeting the conditions? Stay out, preserve your capital.
Discipline is what helps you survive long-term in the market,
not a few impulsive FOMO moves.

#tradingtips

Trading is essentially a profession just like any other job. It requires time, discipline, and continuous practice over several years to master trading skills, and it's only okay to make a decent living; it also depends on your financial position, family circumstances,.... So saying you can become wealthy in a few months or in the first year or two is unrealistic. You might be thinking to yourself, 'I'm different from everyone else, I will be the "special one", I can do it.'
The market says: Dive in here, come eat me :)))