Wednesday, September 15, 2021

Christian forex trading

Christian forex trading


christian forex trading

13/06/ · Christian Forex Trader United States First and foremost I am a Christian, undeservedly saved and loved by my Lord and Savior Jesus Christ. I am the husband of an amazing wife and the father of four young blessings. I have been trading forex for four years. I've grown a lot through trading and hope to share some lessons with others, and learn Estimated Reading Time: 4 mins Forex Trading Signals - Intelligent Forex Trading May - Present 7 years 5 months I currently offer my services to beginner traders looking to make some real profit without having to trade by Title: Forex manager 05/04/ · Can Christian Trade FOREX! Considering the similarity some have tagged to Forex trading i.e: Gambling, is it ethical for Christians to trade Forex without spinning the verses of the bible? These may be an opportunity to educate others that want to know more. Many thanks



Christian Forex Trader – whoever can be trusted with little…



So yesterday I finished up a four day FX training seminar with a bunch of secondary students at my school. This is what I kept coming back to:. This is where the bulk of material on the internet is aimed… am I cynical if I point out that most of it is put up by broking firms who want you to favour a quick in-quick-out strategy so they can make their money off your spreads….


I was showing students how to look for long term trends over the last 18 months, then to examine the hourly charts and sometimes the 5 minute charts to look for a good, clean opening. Always good to clear the spread quite quickly. The most important thing was finding a trending market, and setting a stop loss at a technical level.


This made many of them smile. I spent some time showing them some materials by Denise Shull author of Market Mindgames. The take-homes were:, christian forex trading. a Be aware of your FOMO level fear of missing out is the most powerful human motivator, she says.


Firstly, why share my strategy? The platform I use is CMC Markets. I have spent some time with IC Markets and IG Markets, but CMC Markets suits me because it allows me to trade very small amounts, and gives access to a wide range of world markets.


As a teenager, I became very good at the game Connect Four. Two players stack counters into a grid, and you have to get four counters in a row—horizontal, christian forex trading, vertical or diagonal.


I was very good at this game because I could see potential patterns and setups many many moves ahead. For me, technical trading feels the same part as playing Connect Four. with a nice, tidy trend developing, christian forex trading. There is always tomorrow. I always have a MA on my charts, and I guess I glance at the RSI, christian forex trading, but mainly I look at the price action. Then I set my lot size, with my eye on my potential loss.


About a quarter of the time, the spread gets gobbled up quite quickly, and I pat myself on the back. I check on my positions once every few hours. The next checkpoint is when I can move my stop-loss to my opening price. At this point, the price has to be far enough christian forex trading the christian forex trading so that it will not be triggered by short-term noise.


I feel very good about doing this, but my biggest worry is christian forex trading the stop-loss too soon. Then I move my stop-loss to a small profit, christian forex trading. This post was about when trades are successful.


There will be another post explaining more about how I deal with those horrible red numbers. Why am I bothering to put all this effort into an account that can barely pay for a meal at a restaurant? Because the account size is irrelevant; what matters is skill development, christian forex trading.


I learn more from my mistakes than from my successes. Last christian forex trading I made a mistake.


I took a short position on my favourite pair, christian forex trading, and set the position to close automatically. I went to bed, expecting it to happen. When I woke in the morning and checked the position, it had not closed, and was near the same legal as it had been when I went to bed. But… the pair HAD dropped during the night, and had reversed only a pip or two north of where I had set my position to close out.


I gave myself a good mental kick in the backside. I should have chosen a more conservative close-out position. Instead, I had to waste two trading days. Take the profit, even if it is small, instead of waiting for it to explode. Mistakes, losses and screw-ups are like bananas.


Mistakes have COST. A smart person is going to count the cost of the mistake and recognise its value…, christian forex trading. The most important things in my life are things that have COST me. These are the things that I VALUE. For example, I christian forex trading that I VALUE my marriage, because there have been hard patches where I could have thrown in the towel.


Instead, I paid in blood, sweat and tears. I know that I VALUE my health, because when I go for my morning run, it regularly hurts like hell. There is a COST to the things I value. Likewise, when I make a trading mistake, I may have lost financially, but I have gained in wisdom and insight. I learned my lesson. This week I traded conservatively in a nearly flat market, and passed my weekly goal early Thursday morning.


I have a strong Christian heritage. I studied Theology and graduated with Distinction. But regular church pastoral ministry was not what God directed me to do.


Basically, I spent a good period of time getting shaped and taught by the Holy Spirit. Many years, we had no idea where we would be the next year.


It was really, christian forex trading, really hard! During the hard years, I found myself drawn to success literature, such as The Seven Habits of Highly Effective PeopleHow to Win Friends and Influence People, Think and Grow Rich. As a Christian, there were some concepts in these books that I disagreed with vehemently, christian forex trading there were other ideas that inspired and challenged me.


I went back to basics and studied what the Bible says about money and wealth. Something about the story of Joseph, in particular, resounded with me. Here was a guy who was given a dream by God long before he had the skills to carry it out!


My mind is the type that enjoys puzzles and patterns. I found I could see potential traps and patterns many many moves ahead. I also enjoyed a puzzle called Pythagoras, where seven geometric shapes had to be arranged to make various silhouettes. I thought long and hard about the Parable of the Talents and my natural abilities.


If only I developed the gift christian forex trading God had given me, my mind I could christian forex trading bless those people, christian forex trading, and help them carry out their vision. So, in January I opened myself a demo account. I remember the excitement of placing my first trade, clearing the spread, and watching the numbers climb into profit! I have a Year 7 student who is brilliant at Maths.


Earlier this year, with parental christian forex trading, I opened a demo CFD account for her, and showed her how to place a trade and a working order. Close them out! I encouraged her to continue practicing, christian forex trading.


She shrugged. I know her parents from Church, and have the utmost respect for them. Since FX trading is a zero-sum game, their point is difficult to argue with. So what is a Christian doing, trading FX? For some people, FX trading is flat out disobedience against the Spirit. Yet not for all! The Israelites were to just walk in and assume possession. God told them that he would send hornets to empty the land of its inhabitants. This is not the only time when God used a nation who despised Him to build wealth for His own people.


Exodus Jesus expected Christians to be the best stewards of their money possible, and in some cases, this involved high-yield investing. There is a Biblical precedent that the way God gives good gifts to his christian forex trading is to take them from those who are disobedient. In practice this holds true today: Analyse many modern-day stories where God has provided material blessing, and it often comes from people whose lives have fallen apart. Christian forex trading Can a Christian trade Forex and still be obedient to Jesus?


Skip to content So yesterday I finished up a four day FX training seminar with a bunch of secondary students at my school, christian forex trading. We also looked a little at portfolio diversification, and in dipping into uncorrelated markets. The take-homes were: a Be aware of your FOMO level fear of missing out is the most powerful human motivator, christian forex trading, she says b Be aware of your FOBW level fear of being wrong… second most powerful human motivator c Never press the buttons when tired, stressed or angry.


Then I close my computer. I believe it is the disciplines of patience and shrewdness that will produce the greatest gains. Seeing the value in mistake and loss is highly important.


A smart person is going to count the cost of the mistake and recognise its value… The most important things christian forex trading my life are things that have COST me. My reasons for trading FX are doubtless similar to yours. That was the plan! What to do now?




Biblical Prophetic Forex Strategy - True Prophetic Forex Traders

, time: 14:15





Can a Christian trade Forex


christian forex trading

About me. I am in my late thirties, married, with 4 kids. I am a very curious person, and I enjoy learning new things. I play drums, bass and guitar, have written a couple of books, renovated a couple of houses, and have not vomited since early Christmas morning, I hold a Theology degree and a Teaching degree and work at a regional school Estimated Reading Time: 40 secs Can a Christian T rade Forex? Someone argued that in Forex trading, While Forex trading is a zero sum game where the total gains must equal all the losses, it is also subjective because there are instances where a trader's gain need not arise from the loss of another trader 05/04/ · Forex is for all. of course it is ethical for a christian to trade forex. where trading becomes a major issue in a christian's life is when trading becomes an idol and stumbling block. I want to learn this thing too o, I wonder why I still don't have an idea of what it really is. HELP abeg Someone,Anyone

No comments:

Post a Comment