benpuzzy: I want you to write this down so you can see it every single day! It should be your mantra. Memorize it!
“The successful trader isn’t the trader who doesn’t lose, The successful is the trader who can successfully manage his losses”.

I was talking to a fellow trader yesterday, and we talked a lot about the emotional, trade, and risk management aspects of trading. What it all boils down to is how 90% of traders don’t get these aspects under their belt. They fight it to some degree. If it doesn’t have anything to do with the actual system, it’s not worth talking about. This is a costly point of view, it will make you unsuccessful as a trader. This is why 90% of traders fail.

The 10% that do manage to embrace it are the few that do succeed. YOU are going to be among the successful few!
It’s important to know that losing a trade is no reflection on you as a trader, it happens to ALL traders. It doesn’t mean you can’t trade and it doesn’t mean you failed.

It’s how you manage these losing trades that makes you a good or bad trader.
If you lose a trade due to not trading the system, you might be a poor trader.
If you lose a trade because you jumped the gun, you might be a poor trader.
If you move your stop loss and end up with a large loss, you might be a poor trader.
If you trade based on emotions, you might be a poor trader.

You are none of these. You manage your trades. You take your losses in stride. The system dictates your trade management and you follow it. Your losses are never large, never more than the allotted risk. You understand that losses happen and you don’t let it get you down, you keep trading.

Happy weekend pals and kindly help in reviewing the Performance of TOM29RELOADED

morenaira:

someone will agree with me this forex business not that easy, in-fact forex trading is easier to say blablabla than done, with a week to go Tom29 found it difficult to stay above 10% so far and to say this demo is a risk free, nothing to lose , no emotion set in and so on unlike real trading.
hmmmm as time begin to go against him he has started using big big lot. i know he will pull down this page soon http://www.forexfactory.com/tom29#36-list and come back here with his usual blablabla expert in scaping, 90% holy grail, trading only 1 pair, making 100% too easy, multi millionaire with 2 years compounding and cap it with Nepa problem. am waiting

welcome back to NL brother and sister

benpuzzy:

GJ is ripe for this journey, good morning house

sojmann:

Inbox me your megaprofit indicator

surveycash: Lagos Forex Training. Join us, especially the newbies.
https://www.facebook.com/events/826590427352662/827619570583081

onlineresource:

i think i saw u at gkfx the other day....
how u doing...?

natruetalk: out of my oyel buy too soon yesterday. when i suppose to leave it to hit my tp @ 102.95 set, anyway half bread is better than non

for oyel to continuing north, more pressure move need to pass thru this cycle FAT candle break zone. otherwise it is a retest of d zone whicch may send it down below d 101.7x support dt hold yesterday . which ever way i will follow d big boys when they resume until then i expect Azonto dance

still on my EN 400pips trade thinz until it breach my eyeing zone. patience is d deal here

naijababe: Very good week indeed despite my loss on oil and exiting my gold buy early. DJIA and Dax more than made up for the loss and miss. Have a good weekend y'all...........Holding that oil buy till next week

infofirst:

Stopped out at BE

morenaira: tom29reloaded

you try small. 36% in 4 week is not that bad

willscolf: closed EUR/CAD wit +85pips.eur/gbp stil dancing around BE.wil continue 2 trade seldom 2 keep my little knowledge of P.A in check until i c a reasonable amount 2 invest in dis forex biz 2 b able 2 make significant profit ....so help me GOD

benpuzzy:
Happy weekend pals and kindly help in reviewing the Performance of TOM29RELOADED

morenaira: tom29reloaded

you try small. 36% in 4 week is not that bad

tom29reloaded: ^^^
I made it clear in d first place dat I don't trade to win but to earn. making thousands of pips don't translate to a good trader. I trade to earn money and not pips OK.

if u know how much. I have sunk into dis demo u probably wouldn't have made dat hash remark. did u care to check d draw down. pls show us ur live trading history 4 d last one month Mr. Know It All ok

am happy u said i make money but some disappeared it is part of trading. it boils down to d fact dat i was dead serious about dis deal. u erred for saying i started with huge capital dat was clearly in d offer by mr Benpuzzy. examination is not a true measure of intelligent

tom29reloaded: ^^^
I made it clear in d first place dat I don't trade to win but to earn. making thousands of pips don't translate to a good trader. I trade to earn money and not pips OK...

naijababe:

So was I, no complaints. The journey continues next week

OliverPin: ^^ Firstly you know nothing about me so plz don't try to guess. Secondly, You made 36%(about $1100) with 114pips on a 3000$ demo acct(No real emotion involve ooo)..... Which means if you had lost 114pips(which is very possible) you would have lost to about $1900(if its real acct frustration will kill you) where is the money mgt there? You talk too much that's ur problem. You boasted about 100% like a sniper, one pair, scalping bla bla bla saying all sort of rubbish A month ago. Mr man YOU HAVE FAILED to reach target so go and rest one corner biko. Let people who can trade fill the thread with alerts... Scam.

tom29reloaded:
now i see u an enemy of progress. you even call me a scam. God knows i have never scam any man under d sun. ur analysis shows u are a complete dimwit in money management. my style of trading allows me to use some lot size dat fits into my stop loss. why are u so bitter. i repeat there was never a time my capital draw down by 10%. pls prove me wrong. go check today's trade and d last gold buy i could have doubled d account if i was a pip raker