samfelly:

nzechu:

Disregard this, already been invalidated long time ago

Now a new outlook.

Buying till 423%
Finding entry is the problem

Not a trade advise, just a learning journal

samfelly:

dmahn:


I will take a fib retracement and mark from the high to the low of the recent bullish weekly candle. I will be buying from the golden ratio ratracement and SL slightly below the low, Tp1 at the high and open... If SL hit, I ll join the sellers again agressively

Why is no one challenging me anytime I say I will do the opposite of what I was doing if SL hit.. Isn't that revenge trading ?

dmahn:


I will take a fib retracement and mark from the high to the low of the recent bullish weekly candle. I will be buying from the golden ratio ratracement and SL slightly below the low, Tp1 at the high and open... If SL hit, I ll join the sellers again agressively

Why is no one challenging me anytime I say I will do the opposite of what I was doing if SL hit.. Isn't that revenge trading ?

randy01:

You can not have a fixed lot size per trade or per account.trade is different from each other.you can only have a fixed amount/% per trade.some trade required wide stop loss while some required tight stop loss.imagine using 0.2 on 10k account with wide stop loss on gold.

Just calculate the pip in your stop loss and the lot size you want to use.you will see amount you will lose should the trade hit SL.

I can using 0.5 or 0.8 Lot size on 5k account while still risking 0.5 -1% of my account.do you think those who use 20 lot size are gambling.they are not expecially if you trade on lower tf like m15.just have a fixed percentage of your account per trade then do calculation with pip in your SL and the lot size you intend to use.it show you potentially loss.

Do you need image explanation?

dmahn:


All these ideal and max lot size no really go well with me sha ooq .. 0.01 on a 1k challenge and 0.06 on a 10k challenge is just too low, .. I understand slow and steady wins the race but if it's too slow it gets tiring and embarrassing. I will still go with 0.10 on a 10k as ideal and as account grows, the lot size should grow accordingly.

peteregwu:
On BTCUSD, I am going short with small position

Dcurrency:
Nostro 5k gotten

kellybently:


BTC halving don start oo. I hear say value 'll increase

samfelly:


I am as confused, right now, as the first day I took a trade in the market

realone12:
don't even think of changing your strategy coz it is still working. you only need to learn when to stay out of the market.. bad market condition is a respecter of no strategy. just take a look at what Gold and us30 have being doing this past week.. it's very easy to lose your account trying to trade that market condition..

the problem with us traders is that we are always focus on entries and backtesting strategies while we completely ignore learning "How to spot and stay out of bad market condition until the tides goes down"

I think this is the biggest difference between we and profitable trader like Gabsonfx2

Now, dem (accounts) never leave me naa! 🤐🤕

rhynoemmie:


Is it the giveaway or did you purchase yours?

Tradinggod n Gasive, I sight you guys 😁. Especially Gasive, been a while, boss

realone12:
don't even think of changing your strategy coz it is still working. you only need to learn when to stay out of the market.. bad market condition is a respecter of no strategy. just take a look at what Gold and us30 have being doing this past week.. it's very easy to lose your account trying to trade that market condition..

the problem with us traders is that we are always focus on entries and backtesting strategies while we completely ignore learning "How to spot and stay out of bad market condition until the tides goes down"

I think this is the biggest difference between we and profitable trader like Gabsonfx2

samfelly:


It's the giveaway. In 2 days time, they'll officially launch for traders to purchase challenges. If anything, that their 10k account (3 phases) for $29 na good deal. In short, all their 3 phases accounts na best deal.

Geovanni412:


Bad market condition is this,

Market in downtrend and hits low of previous month and ranges for six days

Trying to sell in a haste at key level within that range doesn't end well.

Example of this is Eurgbp chart since January this year on 4h chart

I am going on a journey. I'll be back.

Who dey there? Abeg, help me press play on Gone Till November by Wyclef Jean. And put it on repeat

samfelly:

Danator:
Infofirst. I don call you again oh. Wetin dey sup?

PriceActionZ:
too much silence this week especially today. Hope everyone is fine and not in a drawdown?

oga gabsonFX02 hope you are fine? infofirst...long long time. currentprice... every other friends that went to ghost mode.

realone12:
yea. saw your mention too when I came online.. it feels good knowing you are fine and to have you back here bro..


now where is Charly??
boss infofirst, you don dey scares fa

Geovanni412:


Boss, wetin happen...

No run like dat nah.

zedegit:
Baba samfelly when oga infofirst go do challenge?

Abeg tell me.