{"id":218727,"date":"2023-05-17T12:31:59","date_gmt":"2023-05-17T11:31:59","guid":{"rendered":"https:\/\/www.forexmentorpro.com\/blog\/?p=218727"},"modified":"2023-05-27T12:24:09","modified_gmt":"2023-05-27T11:24:09","slug":"managing-winning-forex-trades-550-pips","status":"publish","type":"post","link":"https:\/\/www.forexmentorpro.com\/blog\/managing-winning-forex-trades-550-pips\/","title":{"rendered":"Managing Forex Winning Trades- 550 pips"},"content":{"rendered":"<p>The trade setups I shared with you in last week&#8217;s live training session are now collectively 550+ pips in profit. I have made a number of follow-up videos you can find here in my blog, showing how I have been managing them.<\/p>\n<p>Last night I recorded a video showing how I was scaling out (taking some profits) on some and moving stops on others. As we know fear &amp; greed are big emotions when it comes to trading. My fear\/concern now is that these 4 trades don&#8217;t suddenly flip around and take me out. My greed is that they could go a lot further.<\/p>\n<h3>Managing Forex Winning trades<\/h3>\n<p>I often &#8220;scale out&#8221; of trades. It&#8217;s good for banking at least some profits from a trade. It&#8217;s also great for my psychology. For me and most folks, there is nothing more depressing than seeing a big winning trade suddenly turn around and close the trade.<\/p>\n<p><strong>At this moment in time I have made my 5% months target from less than 5 trades again<\/strong>. Remember, profitable trading is NOT how many trades you take, nor even your win ratio. Its how MUCH you make that counts.<\/p>\n<p>I have posted this video on Youtube to help spread the word about FMP. Please do me a favour and watch it there (just click on the Youtube link bottom left) then press like, share and subscribe.<\/p>\n<p>You can also see our previous post on how I got these entries and talked about what we need to each and every week. I also shared a software that can help you manage your trades for you.<\/p>\n<p>So all you need to do is find good entries and leave the rest to the software.<\/p>\n<h3>Managing Forex winning trades<\/h3>\n<p><a href=\"https:\/\/www.forexmentorpro.com\/blog\/focus-on-the-entries-you-are-60-there\/\" target=\"_blank\" rel=\"noopener\">Focus On the Entries &amp; You Are 60% There<\/a><\/p>\n<p>Link to the software<\/p>\n<p><a href=\"https:\/\/www.forexmentorpro.com\/blog\/improve-your-results-by-semi-automating-your-trades\/\" target=\"_blank\" rel=\"noopener\">Improve Your Results by Semi-Automating Your Trades?<\/a><\/p>\n<h2><a href=\"https:\/\/www.forexmentorpro.com\/blog\/free-forex-training-course\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"size-full wp-image-4732 aligncenter\" src=\"https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2017\/08\/650x60-100-Free-training-course-4.jpg\" alt=\"\" width=\"650\" height=\"60\" title=\"\" srcset=\"https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2017\/08\/650x60-100-Free-training-course-4.jpg 650w, https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2017\/08\/650x60-100-Free-training-course-4-300x28.jpg 300w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/><\/a><\/h2>\n<p><iframe title=\"550pips profit - how to manage your winning forex trade\" width=\"1080\" height=\"608\" src=\"https:\/\/www.youtube.com\/embed\/w8TWSEPWsBM?feature=oembed&#038;enablejsapi=1&#038;origin=https:\/\/www.forexmentorpro.com\"  allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<p>Kind regards,<\/p>\n<p>Marc<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The trade setups I shared with you in last week&#8217;s live training session are now collectively 550+ pips in profit. I have made a number of follow-up videos you can find here in my blog, showing how I have been managing them. Last night I recorded a video showing how I was scaling out (taking [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":216685,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","rank_math_lock_modified_date":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-218727","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex-analysis"],"_links":{"self":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/218727"}],"collection":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/comments?post=218727"}],"version-history":[{"count":4,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/218727\/revisions"}],"predecessor-version":[{"id":218743,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/218727\/revisions\/218743"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media\/216685"}],"wp:attachment":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media?parent=218727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/categories?post=218727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/tags?post=218727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}