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Forex Trade Alerts: Season 21 - Business (428) - Nairaland

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Re: Forex Trade Alerts: Season 21 by haryodehjia(m): 9:26pm On Dec 21, 2021
smiley
zonall:


...on course bro... wink

...may the blue pips be with you... cool
Re: Forex Trade Alerts: Season 21 by Nobody: 9:28pm On Dec 21, 2021
It's amazing how the markets can play on one's psychology

A strategy that does well, then all of a sudden starts to get the losses. Then your resilience comes in, you relax apply stricter Sharpie ratio go through the losing phase like a champ. Later on you bounce back but due to the uncertainty nature of the markets there's this doubt in your mind if this "once profitable" strategy is still worth sticking with.

Would it be better if every strategy had a half-life? Say you plan to use trend following for 3 months & then you change to something else for the next 3 months & going on. I'm having this feeling profitability might be more if we traded specific strategies over a specific period of time.

Risk management & Patience

Risk management, or hurdle rate as my people in the hedge funds call it is the holy grail, basically the risk management used on a big account cannot be ideal for a small account. But the risk used on a small account can be adjusted to suit a big account. All things being equal.

Patience is one virtue that requires patience to learn. Sometimes it can be hard to hold losses & also to hold profit. I guess both patience & Risk management is how we deal with the uncertainties in this financial space.

Bull markets come & go, Bear Markets come & go, but the steady players make it through both.

At the end, Trading or investing is a very long marathon.

As we close for the financial year Dec y/y , I wish everyone more wins. See as volatility Just drop this year end sef.

8 Likes

Re: Forex Trade Alerts: Season 21 by clems88(m): 10:34pm On Dec 21, 2021
Owain:

What broker did you use pls?
hotforex
Re: Forex Trade Alerts: Season 21 by Gasive: 10:50pm On Dec 21, 2021
ILovebigyansh:
It's amazing how the markets can play on one's psychology

A strategy that does well, then all of a sudden starts to get the losses. Then your resilience comes in, you relax apply stricter Sharpie ratio go through the losing phase like a champ. Later on you bounce back but due to the uncertainty nature of the markets there's this doubt in your mind if this "once profitable" strategy is still worth sticking with.

Would it be better if every strategy had a half-life? Say you plan to use trend following for 3 months & then you change to something else for the next 3 months & going on. I'm having this feeling profitability might be more if we traded specific strategies over a specific period of time.

Risk management & Patience

Risk management, or hurdle rate as my people in the hedge funds call it is the holy grail, basically the risk management used on a big account cannot be ideal for a small account. But the risk used on a small account can be adjusted to suit a big account. All things being equal.

Patience is one virtue that requires patience to learn. Sometimes it can be hard to hold losses & also to hold profit. I guess both patience & Risk management is how we deal with the uncertainties in this financial space.

Bull markets come & go, Bear Markets come & go, but the steady players make it through both.

At the end, Trading or investing is a very long marathon.

As we close for the financial year Dec y/y , I wish everyone more wins. See as volatility Just drop this year end sef.

Nice piece Boss!!
Welcome back.

1 Like 2 Shares

Re: Forex Trade Alerts: Season 21 by MONEY247: 11:00pm On Dec 21, 2021
To say the truth, psychology is everything in this market....
Re: Forex Trade Alerts: Season 21 by CopyJoe: 11:14pm On Dec 21, 2021
Thank you Gabsonfx and Infofirst.

You bosses made my year.

I am grateful.

3 Likes

Re: Forex Trade Alerts: Season 21 by Owain: 5:28am On Dec 22, 2021
clems88:
hotforex
Aiit. Thanks
Re: Forex Trade Alerts: Season 21 by sampz: 6:33am On Dec 22, 2021
ILovebigyansh:
It's amazing how the markets can play on one's psychology

A strategy that does well, then all of a sudden starts to get the losses. Then your resilience comes in, you relax apply stricter Sharpie ratio go through the losing phase like a champ. Later on you bounce back but due to the uncertainty nature of the markets there's this doubt in your mind if this "once profitable" strategy is still worth sticking with.

Would it be better if every strategy had a half-life? Say you plan to use trend following for 3 months & then you change to something else for the next 3 months & going on. I'm having this feeling profitability might be more if we traded specific strategies over a specific period of time.

Risk management & Patience

Risk management, or hurdle rate as my people in the hedge funds call it is the holy grail, basically the risk management used on a big account cannot be ideal for a small account. But the risk used on a small account can be adjusted to suit a big account. All things being equal.

Patience is one virtue that requires patience to learn. Sometimes it can be hard to hold losses & also to hold profit. I guess both patience & Risk management is how we deal with the uncertainties in this financial space.

Bull markets come & go, Bear Markets come & go, but the steady players make it through both.

At the end, Trading or investing is a very long marathon.

As we close for the financial year Dec y/y , I wish everyone more wins. See as volatility Just drop this year end sef.
well said!
Re: Forex Trade Alerts: Season 21 by Jameselias: 8:37am On Dec 22, 2021
Gasive:


Lolx...
Just be yourself bro. kiss kiss



no, I want to be like you , and I must be like you as regard earning 1.5 millar and above every day self.
Re: Forex Trade Alerts: Season 21 by boom99(m): 9:26am On Dec 22, 2021
Bosses here gasive GabsonFX etal, are there people that dont Make losses in FX? Can one master FX in such a way losses are 0%?
Re: Forex Trade Alerts: Season 21 by Xeedee: 9:48am On Dec 22, 2021
Anyone selling a fully verified Binance account shud let me know. Or if u can open one and verify for me, I will be paying for it. Quote me with your number if u are dealing.
Re: Forex Trade Alerts: Season 21 by Saskay44: 9:52am On Dec 22, 2021
Xeedee:
Anyone selling a fully verified Binance account shud let me know. Or if u can open one and verify for me, I will be paying for it. Quote me with your number if u are dealing.
Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 9:56am On Dec 22, 2021
boom99:
Bosses here gasive GabsonFX etal, are there people that dont Make losses in FX? Can one master FX in such a way losses are 0%?


Lol
Someone pls answer this o
Re: Forex Trade Alerts: Season 21 by haryodehjia(m): 10:04am On Dec 22, 2021
boom99:
Bosses here gasive GabsonFX etal, are there people that dont Make losses in FX? Can one master FX in such a way losses are 0%?
Swing traders will fall into this category

2 Likes

Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 10:44am On Dec 22, 2021
haryodehjia:

Swing traders will fall into this category

Lol
NOBODY
I REPEAT NOBODY
LOSSES ARE INEVITABLE (Like Thanos) grin
Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 10:50am On Dec 22, 2021
Donvic4u:


Lol
NOBODY
I REPEAT NOBODY
LOSSES ARE INEVITABLE (Like Thanos) grin

It's a newbie question,
It is expected,
The way the market get up and down, na so profit and losses sef dey.
The question doesn't even need to be answered.
Let the asker find out themselves.
Afterall na same market everybody dey
Re: Forex Trade Alerts: Season 21 by Elliotwaveforec: 10:56am On Dec 22, 2021
boom99:
Bosses here gasive GabsonFX etal, are there people that dont Make losses in FX? Can one master FX in such a way losses are 0%?
It's possible with 1-minute TF scalper like you; 3-5 pips profit consistently makes an ocean.
Re: Forex Trade Alerts: Season 21 by boom99(m): 11:00am On Dec 22, 2021
Elliotwaveforec:

It's possible with 1-minute TF scalper like you; 3-5 pips profit consistently makes an ocean.


Lol. Okooo
Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 11:08am On Dec 22, 2021
Elliotwaveforec:

It's possible with 1-minute TF scalper like you; 3-5 pips profit consistently makes an ocean.

Why are you deceiving him...

This is not true pls...

Losses are part of every business

3 Likes

Re: Forex Trade Alerts: Season 21 by boom99(m): 11:13am On Dec 22, 2021
Donvic4u:


Why are you deceiving him...

This is not true pls...

Losses are part of every business


So there is no way one can master forex and make consistent profit without loss because one guy I know at one time made consistent profit without loss I. 105 trades with $250 in each trade
Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 11:15am On Dec 22, 2021
boom99:



So there is no way one can master forex and make consistent profit without loss?


No it's impossible to win Everytime
Re: Forex Trade Alerts: Season 21 by boom99(m): 11:25am On Dec 22, 2021
Donvic4u:



No it's impossible to win Everytime




Ok
Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 11:41am On Dec 22, 2021
Elliotwaveforec:

It's possible with 1-minute TF scalper like you; 3-5 pips profit consistently makes an ocean.

Why you no do am?
Isn't that what everyone hope for? cheesy cheesy
Awon Motivational speaker
Re: Forex Trade Alerts: Season 21 by charly20(m): 11:45am On Dec 22, 2021
I think if you go into any business not bearing in mind of having losses, one small loss will be enough to break you.

I go gist una wetin happen to my last week's 400 pips later cheesy. It was funny and silly at the same time grin

1 Like

Re: Forex Trade Alerts: Season 21 by saintfaculty(m): 12:11pm On Dec 22, 2021
GU done

1 Like

Re: Forex Trade Alerts: Season 21 by boom99(m): 12:25pm On Dec 22, 2021
AUDCAD sell. 10pips
Re: Forex Trade Alerts: Season 21 by Elliotwaveforec: 12:59pm On Dec 22, 2021
Feshizzy:


Why you no do am?
Isn't that what everyone hope for? cheesy cheesy
Awon Motivational speaker
Because I don't know how to.

For your life, don't quote me again; I don't talk to mannerless people like you.

1 Like

Re: Forex Trade Alerts: Season 21 by boom99(m): 1:10pm On Dec 22, 2021
boom99:
AUDCAD sell. 10pips

Did 5pips before retracing
Re: Forex Trade Alerts: Season 21 by obajoey(m): 1:32pm On Dec 22, 2021
Looking to sell gold @1796
Re: Forex Trade Alerts: Season 21 by saintfaculty(m): 1:40pm On Dec 22, 2021
Will secure some profit now on USDJPY

2 Likes

Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 1:59pm On Dec 22, 2021
decided to raise my funded account to 10% so that I can qualify for account scaling next month hopefully.


Mt4 account deleted, no more temptation to trade..

Donee trading now... grin grin wink


9 Likes 1 Share

Re: Forex Trade Alerts: Season 21 by Gasive: 2:04pm On Dec 22, 2021
Donvic4u:
decided to raise my funded account to 10% so that I can qualify for account scaling next month hopefully.


Mt4 account deleted, no more temptation to trade..

Donee trading now... grin grin wink



Congrats Chief!!
You're doing great.
May the pips remain loyal to you!

4 Likes

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