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Nairaland Forum / Nairaland / General / Business / Forex Trading - Season 14 (317779 Views)
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Re: Forex Trading - Season 14 by natruetalk: 11:25am On Aug 13, 2014 |
natruetalk: Gu is getting there 6670 zone to watch pa 4 buy |
Re: Forex Trading - Season 14 by honeric01(m): 11:27am On Aug 13, 2014 |
JAZES: its been a while i come here o.....I hail of una my ogas o Wonders! where have you been bro? |
Re: Forex Trading - Season 14 by beejaay: 11:27am On Aug 13, 2014 |
i just experienced a very disappointing trades in over a year and i cant just help but cry and share it here cos i dont wanna kill myself with thinking and affect my trading sense. i had several sell trades on GJ with stoploss at 172.63 which have now be stopped by just a pip or so cos of that crazy spike..how could i have lost and missed this great move to the downside?? i thought i have learnt how to manage and handle unecessary spikes of 1 or 2pips since last year, it seems i still have to observe more of this 2 Likes |
Re: Forex Trading - Season 14 by honeric01(m): 11:28am On Aug 13, 2014 |
natruetalk: I already have a small buy around 6700 and then add more at every "nice" dip. |
Re: Forex Trading - Season 14 by honeric01(m): 11:29am On Aug 13, 2014 |
beejaay: i just experienced a very disappointing trades in over a year and i cant just help but cry and share it here cos i dont wanna kill myself with thinking and affect my trading sense. Don't take this to heart from, stuff like this happen in the business, what if it had gone the other way if you didnt use SL? look at the brighter side of trade, pick new entries.. Shalom! |
Re: Forex Trading - Season 14 by Nobody: 11:31am On Aug 13, 2014 |
beejaay: i just experienced a very disappointing trades in over a year and i cant just help but cry and share it here cos i dont wanna kill myself with thinking and affect my trading sense. Pele o, me I dey thank God now for helping me see the fallacy of stops, I's much rather a trade hit me at BE than lose money now abeg 1 Like |
Re: Forex Trading - Season 14 by natruetalk: 11:33am On Aug 13, 2014 |
honeric01: pending order or what? cos the number yet to print on my chart i have 6715 as low here |
Re: Forex Trading - Season 14 by honeric01(m): 11:36am On Aug 13, 2014 |
natruetalk: I do pendings.. i don't execute trades at market price. |
Re: Forex Trading - Season 14 by beejaay: 11:39am On Aug 13, 2014 |
naijababe:not that i lose big on the trades, the cumulative of the stops is just a little over 70pips. the pain in the butt is the opportunity lost on the trades (over +300pips now) cos i have been eyeing this particular move of 61.8fib of the last down move since last week |
Re: Forex Trading - Season 14 by natruetalk: 11:40am On Aug 13, 2014 |
beejaay: i just experienced a very disappointing trades in over a year and i cant just help but cry and share it here cos i dont wanna kill myself with thinking and affect my trading sense. bj what is d high on ur chart i have 172.55 here and u have ur SL @ 172.62 u suppose to be fine with d trade naw |
Re: Forex Trading - Season 14 by beejaay: 11:41am On Aug 13, 2014 |
honeric01:yeah i know just that it can be hard to overcome immediately sometimes. lost is part of this game and i loss all the time but this particular loss ehn is nt about the money but the silliness of my stops thanks bro for the kind words |
Re: Forex Trading - Season 14 by beejaay: 11:44am On Aug 13, 2014 |
natruetalk:add spread of 7pips of GJ to that and u will get something above .60. also this is a spike and price will differ accross feeds ( this is expected when there are spikes) which i perfectly understand. i always build spread into my stops |
Re: Forex Trading - Season 14 by honeric01(m): 11:49am On Aug 13, 2014 |
beejaay: Tight stop i believe, if you know your capital and the lot size you use are both moderate and can sustain any hard spike, maybe you should try out imaginary stops like Naijababe, inforfirst, if not, just get better points for your SL. Its well my bro. |
Re: Forex Trading - Season 14 by natruetalk: 11:49am On Aug 13, 2014 |
beejaay: okay bro, sorry about dat it normal all happen to every 1 of us and thank 4 d post traders will learn from this |
Re: Forex Trading - Season 14 by beejaay: 12:15pm On Aug 13, 2014 |
honeric01:yeah those trade patterns you have figured out that tight stops work for. this particular pattern i traded work 90% of the time, i guess its the 10% that bite in the butt this time around thanks for your time |
Re: Forex Trading - Season 14 by beejaay: 12:18pm On Aug 13, 2014 |
natruetalk:thanks bro. i dont joke with brokers spread. i normally build X2 of the overnight spreads into my stops to allow movements for spikes like this, i really dont know what got into me this time around that i used X1 spread instead of X2, i guess its over confidence |
Re: Forex Trading - Season 14 by beejaay: 12:20pm On Aug 13, 2014 |
i thank you all for your kind words and am so sorry for disturbing you with my own palave back to my hibernating mode |
Re: Forex Trading - Season 14 by Birikiti: 1:24pm On Aug 13, 2014 |
Birikiti: Sold Gold for at 1310 TP is 1306 support. 40 pips should do me today and my SL is just above yesterday's high; though I didn't put it on the platform before someone comes to hunt my SL! 40 pips banked from the above alert. I don run comot. Remember "Slow and steady wins the forex race" See you next time. |
Re: Forex Trading - Season 14 by rozayx5(m): 1:24pm On Aug 13, 2014 |
naijababe: Please accept my condolence |
Re: Forex Trading - Season 14 by Nobody: 1:28pm On Aug 13, 2014 |
Birikiti: Lol, see as 1305 just refused to shake body. I have a feeling it will head for 132x before the end of the week |
Re: Forex Trading - Season 14 by Nobody: 1:41pm On Aug 13, 2014 |
By 5pm, I go sabi where my manna go fall from, and i am sure it will be pips rain |
Re: Forex Trading - Season 14 by fxbomovi: 1:44pm On Aug 13, 2014 |
Kirinwa: Blessed are the listeners and patient.For they shall smile soon. Kirinwa: I love your confidence but always remember that it's all a probability, no guarantee |
Re: Forex Trading - Season 14 by currentprice: 2:01pm On Aug 13, 2014 |
^^ |
Re: Forex Trading - Season 14 by hisableplc(m): 2:08pm On Aug 13, 2014 |
webmoney for sale call 07037825247 if you are interested |
Re: Forex Trading - Season 14 by Mayowaowo(m): 2:59pm On Aug 13, 2014 |
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Re: Forex Trading - Season 14 by Nobody: 3:11pm On Aug 13, 2014 |
pls were is EJ as at this moment |
Re: Forex Trading - Season 14 by mekuzoil(m): 3:14pm On Aug 13, 2014 |
aguiyi: pls were is EJ as at this moment 136.937 1 Like |
Re: Forex Trading - Season 14 by InvertedHammer: 3:34pm On Aug 13, 2014 |
/ [size=16pt]Just stopping by to check on you pipstars...I hope all of you are banking the money[/size]. \ |
Re: Forex Trading - Season 14 by fxbomovi: 4:32pm On Aug 13, 2014 |
anyone using XM card successfully? how long will I try take for the card to get to me and what are the fees? response will be appreciated |
Re: Forex Trading - Season 14 by docus: 4:35pm On Aug 13, 2014 |
eyes still on gold buy |
Re: Forex Trading - Season 14 by natruetalk: 4:47pm On Aug 13, 2014 |
docus: eyes still on gold buy gold still risk 4 BUY. shine ur eyes don't fall maga bro. anything can change in minute sha note: i have no position running on gold. just saying 1 Like |
Re: Forex Trading - Season 14 by Nobody: 4:59pm On Aug 13, 2014 |
natruetalk: +1 better opps elsewhere |
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