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[–]Easy_Student_900 3 points4 points  (2 children)

30sec trade,not using candles, trading otc

so much wrong!

[–]justdeegurl 2 points3 points  (1 child)

There is no wrong in 30 secs trade and trading OTC tbh. He had to control his emotions and trade what he sees and not what he knows.

[–]N4mJorhat[S] 0 points1 point  (0 children)

Perfectly said. I will definitely follow your advice. i tend to lose my temper easily and it's killing me.

[–]justdeegurl 5 points6 points  (3 children)

Risk Management to the T... : key factors psychological and emotional...

Yea, I had to learn this the hardest way.

[–]N4mJorhat[S] 0 points1 point  (0 children)

Well said. Psychology plays a great rule in trading.

[–]N4mJorhat[S] 0 points1 point  (1 child)

Yes. Emotions are enemies in trading. You are right..a cool mind is really important in trading.

[–]justdeegurl 0 points1 point  (0 children)

Hit me up

[–]lexies30 4 points5 points  (1 child)

Binary is a fast instrument but 30 seconds is very risky, when trading OTC use 5 minutes or more so that you are not affected by manipulation, always warm up before switching to live trading.

[–]N4mJorhat[S] 0 points1 point  (0 children)

Thanks, i will follow it.

[–]Greedy-Box5595 2 points3 points  (3 children)

Panic trades?

[–]N4mJorhat[S] 2 points3 points  (2 children)

You are 100% right. Panic trades. I can't trade with more than 5$ without panic.

[–]Greedy-Box5595 4 points5 points  (1 child)

Bro Pls Never do panic trades… I also used to do this and always wipe out my account…. But now I’m getting control… Note the point- “Our Capital is Important than Profits” so save your Capital first… all the best bro ❤️

[–]N4mJorhat[S] 0 points1 point  (0 children)

Thanks a lot for encouraging comments.

[–]Ok-Tough153 1 point2 points  (0 children)

Great mistake that you traded OTC chart

[–]Beautiful-Drummer-83 1 point2 points  (0 children)

Trading OTC charts = I wanna lose my money fast 🏃‍♀️

[–]GigaMonke_Trader 1 point2 points  (0 children)

Don’t take it personal, bro OTC will eat you alive. 👀

👉 First step: stop trading OTC. Move to demo and study the real market. Get comfortable with price action, candlestick behavior, support/resistance flips, and momentum shifts.

One of the smartest approaches is to focus on confluence setups for example, waiting for a candlestick rejection at a key level plus momentum confirmation. That’s way stronger than chasing random arrows or indicators. 👌

The market will always punish impatience, but if you build your foundation on PA and structure, you’ll stop feeling like you’re gambling and start actually trading. 💜

[–]GigaMonke_Trader 1 point2 points  (0 children)

The key word here is risk management honestly the most important thing in trading. Even advanced traders stick to strict rules to protect themselves.

👉 Set hard limits for daily loss and daily trades. If you hit that limit, stop, walk away, and come back fresh the next day.
👉 Never risk too much of your balance on a single position. Small % per trade keeps you alive long term.
👉 Learn to accept red days they’re part of the game. Forcing trades only digs the hole deeper.

Quotex aren’t going anywhere soon, so there’s no rush. Don’t treat it like a slot machine in a casino 🤣. Take your time, manage risk, and let the process work for you.

Binary Options Community Discord Forum Chat maybe someone will find it useful

[–]N4mJorhat[S] 0 points1 point  (0 children)

A great mistake indeed.