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Forex Trade Alerts: Season 19 - Business (71) - Nairaland

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Re: Forex Trade Alerts: Season 19 by pinbar(m): 2:41pm On Mar 15
i advice you avoid going long on GBP pairs, massive fall coming
Re: Forex Trade Alerts: Season 19 by seyiade26: 2:42pm On Mar 15
So one complains about some shady action by my broker and the next thing is ban for a week. It is well.

Anyways I am not trading again this week as we had enough for 1 week. GBP refusing to go down meaningfully all week and coupled with much indiscipline and half-developed skill in entry and exit, I was staring another losing week in the face today.

Just had to enter gambling mode to get around 10pct for week (it was a lot more yesterday before the crazy GJ and GU losses today). It's not really gambling as it was justified trade. Just about twice the usual size. In all we thank God for the week. Learnt big lessons for future. The key thing to learn is to wait. Let the trade chase you and not the other way around. If you are not getting enough trades for your enthusiasm with a system then learn more systems to create more triggers.

Cheers...

1 Like

Re: Forex Trade Alerts: Season 19 by infofirst(m): 2:45pm On Mar 15
^
Boss, GBP did meaningful drops. Try and pay more attention to the charts. That way you are able to know where to enter and exit.

2 Likes

Re: Forex Trade Alerts: Season 19 by Benqozenero(m): 2:56pm On Mar 15
infofirst:

How did it go this week bro?


And?

And?

@infofirst, #my$100demo update

Re: Forex Trade Alerts: Season 19 by seyiade26: 3:17pm On Mar 15
infofirst:
^
Boss, GBP did meaningful drops. Try and pay more attention to the charts. That way you are able to know where to enter and exit.

Boss I think you are right. Maybe my comment was maybe impulsive. I entered gbpchf at the top Tuesday or Wednesday when it dropped massively but I totally missing out on the drop because I set breakeven too quickly when it was ranging after the first drop at the start of the day. The brief rally just took me out before the eventual big move down. Great inefficiency there.

Also today I was a part of the first big drop in the morning. By the end account was at around 20-30% increase for week and I did get out near the bottom before the rally again. After that I kept re-entering at meaningless points expecting the drop to resume quickly (terrible judgement entirely removed from my methods). That's where I screwed up not just today but many times this week. The 'gamble' itself that was one of the final trades today was GJ sell.

There were many other inefficiencies this week; like reversals at points where I knew price could reverse on me, but just hoped it would pass and reach my tp. Price ends up reversing there. Other times the exact opposite happens. I do use split trades but there are so many levels so this area can never be an exact science.

Bottom line is entry is not my problem, since I have done my homework there grin. I just need to improve discipline and trade management...

Finally my system finally started picking up gbp pairs en-mass around mid-week when most of the big dips had happened. I am continuously tweaking stuff because of the way I trade. Lines or parameters can be changed and the results can be slightly or very different.

I am still expecting, specifically GU, GJ and gbpchf to drop some real distance soon and was hoping to get in yesterday or today. As it is I may still get in today if...
Re: Forex Trade Alerts: Season 19 by infofirst(m): 4:13pm On Mar 15
@Seyiade26.
Good trade and self appraisal from you. Kindly ensure you remain positive. Do not give up on the battle. I will advice you get trading books on psychology, money management etc. You will get there eventually.

1 Like

Re: Forex Trade Alerts: Season 19 by Tunderr(f): 4:28pm On Mar 15
For this week and this month so far. Don't hold yourself back. People are killing it, get educated.
It's not so difficult.

2 Likes

Re: Forex Trade Alerts: Season 19 by infofirst(m): 4:46pm On Mar 15
Benqozenero:


@infofirst, #my$100demo update
I can only see today's trade. None before today for the week?
Re: Forex Trade Alerts: Season 19 by infofirst(m): 4:48pm On Mar 15
Benqozenero:


@infofirst, #my$100demo update
I can only see today's trade. None before today for the week
Re: Forex Trade Alerts: Season 19 by Benqozenero(m): 5:05pm On Mar 15
infofirst:

I can only see today's trade. None before today for the week?


The AudCad was taken on Wednesday but closed today.
2 UsdCad position was taken on Thursday but one close today while the other is still running.

Re: Forex Trade Alerts: Season 19 by AwesomeDuru(m): 5:07pm On Mar 15
Benqozenero:


@infofirst, #my$100demo update
Bro be truthful to yourself. You started this account today. There's no shame in admitting defeat if you have blown the first one. You can always rise and try again.
Re: Forex Trade Alerts: Season 19 by redsox11: 5:09pm On Mar 15
AwesomeDuru:
Bro be truthful to yourself. You started this account today. There's no shame in admitting defeat if you have blown the first one. You can always rise and try again.
You ppl will not kee me here grin grin

3 Likes

Re: Forex Trade Alerts: Season 19 by Benqozenero(m): 5:16pm On Mar 15
AwesomeDuru:
Bro be truthful to yourself. You started this account today. There's no shame in admitting defeat if you have blown the first one. You can always rise and try again.

I don't know why Nigerians thinks because majority of them are criminals, every other person is.

I know you over trade because of boredom, but we are not all like you.

Do your basic check and calculation of the update I posted last week Friday with what I posted today so you can be civil most especially when responding to me.

1 Like

Re: Forex Trade Alerts: Season 19 by AwesomeDuru(m): 5:26pm On Mar 15
Boss Infofirst, please I will suggest you still allow those of them participating in the contest to be allowed to create new demo accounts and continue trading without being kicked out of the contest whenever they blow any of the accounts they created. That other first guy (can't remember his username) was honest enough and admitted he blew his, I suggest he be recalled back to the contest since the goal is to show improvements in their trades over a period of 3 months max before you can then judge and reward the ones satisfactory enough to you.

Just my humble suggestion Sir. You're still my oga. One does not give his boss orders wink

1 Like

Re: Forex Trade Alerts: Season 19 by Benqozenero(m): 5:26pm On Mar 15
@infofirst, I think you should request for my login details, if you are still indoubt for confirmation.

1 Like

Re: Forex Trade Alerts: Season 19 by redsox11: 5:27pm On Mar 15
seyiade26:


Boss I think you are right. Maybe my comment was maybe impulsive. I entered gbpchf at the top Tuesday or Wednesday when it dropped massively but I totally missing out on the drop because I set breakeven too quickly when it was ranging after the first drop at the start of the day. The brief rally just took me out before the eventual big move down. Great inefficiency there.

Also today I was a part of the first big drop in the morning. By the end account was at around 20-30% increase for week and I did get out near the bottom before the rally again. After that I kept re-entering at meaningless points expecting the drop to resume quickly (terrible judgement entirely removed from my methods). That's where I screwed up not just today but many times this week. The 'gamble' itself that was one of the final trades today was GJ sell.

There were many other inefficiencies this week; like reversals at points where I knew price could reverse on me, but just hoped it would [/b]pass and reach my tp. Price ends up reversing there. Other times the exact opposite happens. I do use split trades but there are so many levels so this area can never be an exact science.

Bottom line is entry is not my problem, since I have done my homework there grin. I just [b]need to improve discipline and trade management
...

Finally my system finally started picking up gbp pairs en-mass around mid-week when most of the big dips had happened. I am continuously tweaking stuff because of the way I trade. Lines or parameters can be changed and the results can be slightly or very different.

I am still expecting, specifically GU, GJ and gbpchf to drop some real distance soon and was hoping to get in yesterday or today. As it is I may still get in today if...

Now that you identify some of your weakness , it's time to work on it.

My week was very very simple, I didn't chase any market at all. They all came to me, no anxiousness whatsoever. Missed some GBP because I was waiting for them to rise a little more before selling them. They fell before reaching my area to enter sell. I could care less, I'm not chasing nada .

4 Likes

Re: Forex Trade Alerts: Season 19 by Benqozenero(m): 5:28pm On Mar 15
AwesomeDuru:
I tire for bros. I have been following his screenshots. The last one he posted then too was newly created undecided

Boss Infofirst, please I will suggest you still allow those of them participating in the contest to be allowed to create new demo accounts and continue trading without being kicked out of the contest whenever they blow any of the accounts they created. That other first guy (can't remember his username) was honest enough and admitted he blew his, I suggest he be recalled back to the contest since the goal is to show improvements in their trades over a period of 3 months max before you can then judge and reward the ones satisfactory enough to you.

Just my humble suggestion Sir. You're still my oga. One does not give his boss orders wink

with all your knowledge, permit me to say you are a disgrace.
Re: Forex Trade Alerts: Season 19 by infofirst(m): 5:32pm On Mar 15
Chill guys.
@awesomeduru. Don't judge a book by the cover.
@Benqozenero. Apologies. I only asked for the rest of the week because all you posted showed today date and two of the trades did not even pick and the other two were with less than ten pips.

@awesomeduruduru@benqozenero, See and act as if you did not see, hear and act like you did not hear increases one in wisdom
Re: Forex Trade Alerts: Season 19 by AK284(m): 5:33pm On Mar 15
Tunderr:
For this week and this month so far. Don't hold yourself back. People are killing it, get educated.
It's not so difficult.






I dey suspect you, you dey sure say you no be naijababe?
Re: Forex Trade Alerts: Season 19 by infofirst(m): 5:35pm On Mar 15
Benqozenero:
@infofirst, I think you should request for my login details, if you are still indoubt for confirmation.
I am not asking for other days because I do not believe you. I was only asking so I can see the improvement as those I saw were not sufficient. And you did not include any note under it to suggest the trades were before today but only close today
Re: Forex Trade Alerts: Season 19 by AK284(m): 5:36pm On Mar 15
AK284:
Alert: sell Nzd/USD @ current price
Stop loss:0.68600



Trade in small profit, carrying over to nextweek

1 Like

Re: Forex Trade Alerts: Season 19 by AwesomeDuru(m): 5:36pm On Mar 15
Benqozenero:


I don't know why Nigerians thinks because majority of them are criminals, every other person is.

I know you over trade because of boredom, but we are not all like you.

Do your basic check and calculation of the update I posted last week Friday with what I posted today so you can be civil most especially when responding to me.
Hello there to you too smiley
Yes, I am a Nigerian and no, I am not in any way a criminal wink

Yes, I overtrade embarassed don't blame me too much, I can't yet keep my twitchy itchy fingers in check, but I must get there. It's good to know you take way less trades than I do, keep it up bro, you're doing great.

We are no enemies, the market however is the common enemy we have. Let's kick it's butt not ours. My comment was merely an innocent oversight, nothing more.

Hope we are good smiley

1 Like

Re: Forex Trade Alerts: Season 19 by infofirst(m): 5:40pm On Mar 15
AwesomeDuru:
Boss Infofirst, please I will suggest you still allow those of them participating in the contest to be allowed to create new demo accounts and continue trading without being kicked out of the contest whenever they blow any of the accounts they created. That other first guy (can't remember his username) was honest enough and admitted he blew his, I suggest he be recalled back to the contest since the goal is to show improvements in their trades over a period of 3 months max before you can then judge and reward the ones satisfactory enough to you.

Just my humble suggestion Sir. You're still my oga. One does not give his boss orders wink

Good idea but the only challenge is time. Someone that probably blew in month two and started in month three and did good. There will be need for another two months and it will have mean everything extended till five months.
Re: Forex Trade Alerts: Season 19 by Benqozenero(m): 5:40pm On Mar 15
infofirst:
Chill guys.
@awesomeduru. Don't judge a book by the cover.
@Benqozenero. Apologies. I only asked for the rest of the week because all you posted showed today date and two of the trades did not even pick and the other two were with less than ten pips.

@awesomeduruduru@benqozenero, See and act as if you did not see, hear and act like you did not hear increases one in wisdom

Alright Boss, I have quietly followed this @awesomeduru guy, he is not a bad trader himself but he's just too forward/quick with everything in life. if he can be a little conservative with himself, the sky would be his starting point.
Re: Forex Trade Alerts: Season 19 by infofirst(m): 5:51pm On Mar 15
Benqozenero:


Alright Boss, I have quietly followed this @awesomeduru guy, he is not a bad trader himself but he's just too forward/quick with everything in life. if he can be a little conservative with himself, the sky would be his starting point.

Smile. Both of you are having so much andrelaline ni.
Youth things. But chill. I remembered someone here wrote I should keep quiet simply because I wrote that I do not use stop loss. Did I react? Yes but I reacted with calm words.

Some of what makes senses to us now will later turn to be senseless and vice versa. So why the fuse. Let's learn to tolerate others. Give people 1001 reasons before you attack them.

3 Likes

Re: Forex Trade Alerts: Season 19 by AwesomeDuru(m): 5:56pm On Mar 15
Benqozenero:


Alright Boss
I have quietly followed this @awesomeduru guy, he is not a bad trader himself
Awww. Thanks for this smiley

but he's just too forward/quick with everything in life.
With everything in life? cheesy You haven't even met me in real life. I'm a great cook too cool

only if he can be a little conservative with himself, the sky would be his starting point.
I will try boss embarassed
Re: Forex Trade Alerts: Season 19 by infofirst(m): 5:58pm On Mar 15
God bless you both. One love.
One soldier koboko each for both of Una. And 1000 naira recharge card too for resolving all the buroro amicably.

1 Like

Re: Forex Trade Alerts: Season 19 by AwesomeDuru(m): 6:06pm On Mar 15
infofirst:


Smile. Both of you are having so much andrelaline ni.
Youth things. But chill. I remembered someone here wrote I should keep quiet simply because I wrote that I do not use stop loss. Did I react? Yes but I reacted with calm words.

Some of what makes senses to us now will later turn to be senseless and vice versa. So why the fuse. Let's learn to tolerate others. Give people 1001 reasons before you attack them.
Somebody on this thread said this to you? Where was I please? I would have gladly done him in for you.
infofirst:
God bless you both. One love.
One soldier koboko each for both of Una. And 1000 naira recharge card too for resolving all the buroro amicably.
One gains nothing from enmity really embarassed

You have my number already na. Do the needful now or I will come give you headache on WhatsApp grin
Re: Forex Trade Alerts: Season 19 by Benqozenero(m): 6:21pm On Mar 15
infofirst:
God bless you both. One love.
One soldier koboko each for both of Una. And 1000 naira recharge card too for resolving all the buroro amicably.

Thanks Boss @infofirst

I received the Recharge Card. I am so so thankful. Ja Bless.
Re: Forex Trade Alerts: Season 19 by seyiade26: 6:24pm On Mar 15
redsox11:


Now that you identify some of your weakness , it's time to work on it.

My week was very very simple, I didn't chase any market at all. They all came to me, no anxiousness whatsoever. Missed some GBP because I was waiting for them to rise a little more before selling them. They fell before reaching my area to enter sell. I could care less, I'm not chasing nada .



Always on point my boss. More power...

Indeed yesterday I made enough profit by mid-asian session to close shop for the day (almost night-owling grin. But I regretted closing the trades before tp (previous bad reversals were hunting).

Woke up to find price went beyond most of my tps and regretted the lost potential profit. So what I did (since I just had to trade and no new setups were forming) was trade against my system (based on the premise I knew I was likely to lose if I tried entering in the same direction).

As you might expect it was just back and forth with no real gain or loss... I just have to chill...
Re: Forex Trade Alerts: Season 19 by GladmanGoddey: 6:32pm On Mar 15
infofirst:


Good idea but the only challenge is time. Someone that probably blew in month two and started in month three and did good. There will be need for another two months and it will have mean everything extended till five months.
Had a rough trading week cry

Re: Forex Trade Alerts: Season 19 by seyiade26: 6:44pm On Mar 15
AwesomeDuru:
Somebody on this thread said this to you? Where was I please? I would have gladly done him in for you. One gains nothing from enmity really embarassed

You have my number already na. Do the needful now or I will come give you headache on WhatsApp grin

You did probably worse to AK284 the other day and here you are grin. He made a very respectful and harmless suggestion and you just went rampant. You almost had a good point. But even then there is a way to put it...

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