$50 demo account on Exness.

Next month.

Then I go live by February or January.

$50,000 or $50 doesn't matter much.

What matters most is mastery. That I have learnt.

Elliotwaveforec:
It seems some people aren't happy with those posting alerts here; what's the main essence of this thread in this first place? Is it to just talk talk and talk?

If you post alert, they say you want to impress FTA, let everybody stop posting alert then and let's begin the talk.

Kudos to those posting alert like Gabsonfx, saintfacukty, copyjose, charly20; I've learnt a lot from you all and I'm still learning; afterall, learning continues as long as we exist.

What positive impact do the weekly progress updates of trading have on this thread without posting charts for people to learn one or two things?

You don't post signals neither do you post charts but you stalk those who do, why? Not everyone that posts charts and gives signals wants to defraud, you should have this at the back of your mind.

Post signals and charts, if you can't, don't stop others.

I'll start again next month.

It's helped my forex journey.

My activeness on this group amongst other things has helped me.

I no dey give up.

Forexislife:
Lol, this stage is very hard to pass I will be honest. My advise is come back to live as soon as possible and fight this emotional battle. Every live trader must bypass this to progress.

The journey is a long one.

Sooner than I thought. I'll be back.

Forexislife:
Don't stop looking at the charts ok. Goodluck man.

Yes, boss.

GabsonFX:
I don't do pending order

Understood.

Your SL takes care of the business.

GabsonFX:
I don't do all these sell or buy limit, sell or buy stop

Market execution?

GabsonFX:
If Gold tests that area after it broke out, I will long it for 200pips SL and 800pips TP, if it fails to test it but continues to fly up - I will let it pass and check again next week.......what I set is a buy limit just in case it happens when I'm asleep, I don't do limit order.

You don't do limit order

I don't understand this.

GabsonFX:
You still got plenty of time, it's not a race; my best advice is to have a solid job you do outside forex while you line your path in forex....Look at 5years down the road and you can re-evaluate where you belong.

Thank you, boss.

GabsonFX:
Wow! you all my bosses are amazing with the congratulatory messages, thanks for the positiveness - I do appreciate.

You see, I actually reduced my trade analysis posting and show more real-life results cos I see that too many traders here are fake....thanks to feshizzy who is a strong advocate of being real, clamoring on traders here to show explorer! explorer!! explorer!!! - trade history! trade history!! trade history!!!....this is because he has seen it all, we have seen it all, in fact, just last year, one terrible boy here on FTA thought he could scam me by providing me with someone else's trading results but failed, think about it, this same guy was here for 2years ish calling trade calls and everyone was amazed by what they saw. If he had made profits from the trades he called here since that time, why would he not be bold enough to provide me with his personal trading result but provided someone else's.

This year makes it 16years that I have been trading forex and joined FTA NL in 2015.

I'm always an advocate of being real, and I keep asking: for how long do we keep deceiving ourselves without proof to show for the business; I have mentioned this before, whenever anyone post analysis here, I take time to see my chart and virtually mark what the person expects and sometimes I monitor the entry, SL and TP. Unfortunately, I have so many times seen traders here kept mute when it went opposite or hit SL but eager to update when it goes their direction. Another fake pattern I notice is that they do analysis on like 5 pairs, post them, then return here to update only the ones that go their ways but keep mute on the others that go opposite. Of course, I see everything going on, members here that don't follow all the pairs called may not notice what is missing but get carried away by what they see updated.

I always give kudos and respect to those that strictly indicate, loud and clear that this account is DEMO, with that honesty, I have many times felt I should fund them to go live; however, I get pulled back by the question: can he show to me that he can handle live account yet. My advice to these sets of people is to keep grinding - they will eventually get there if they keep learning and don't quit.

If you keep faking it, thinking you are deceiving FTA members, can you continue faking it and keep deceiving us for 5years? a time will come where you will look back to the 5years you have spent faking it and deceiving yourself and realize you have wasted your life for good 5years here.

Above all, be real, don't fake it, keep learning, and stay positive and we shall get to the fx promised land

16 years

I am yet to clock a year of active learning and trading.

It means I still have time.

CopyJoe:
I withdrew the remaining $10.06 yesterday. Expecting it in my account today.

Forex is a journey for me.

I'll be less active here for a while. It's not been easy combining work with forex trading as a beginner.

I'll be back stronger.

I'll save up to go back live. No shaking

To my fellow. Newbie.

The difference between live and demo from my personal experience is this,

One loss on live account can throw you off balance. You will want to get it back immediately.

Greed is more real on live than demo.

And I found out that no two currencies are the same. The price action for each pair is very unique.

I'll add more later.

I withdrew the remaining $10.06 yesterday. Expecting it in my account today.

Forex is a journey for me.

I'll be less active here for a while. It's not been easy combining work with forex trading as a beginner.

I'll be back stronger.

I'll save up to go back live. No shaking

I am going back to demo.

I practiced some of the things I have been learning on my live account and got burnt.

ogashman:


Yea...my psychology has been clean due the fact that I only trade one pair and open just one trade at a time. It has really kept me clear headed.

Then the challenge is that on a good day I trade multi pairs where my strategy pops up and also open 2-3 trades a day, but now I trade only one pair and max of one open trade..so I'm still trying to adapt.

My mistake is not knowing when to take profit and leave so I can reenter another time. I knew how many times a particular trade gave me 40 pips and still reversed to entry.....this has happened about 3 times.

If I had been taking the 40pips and reentrying again whenever price gets my entry, my account would have been close to the target.


I believe the next two weeks would be eventful as guys would be slugging it out. Every participant still has a chance of winning the challenge... I'm never giving up.

This dealt with me. Not taking profit.

It affected me.

GabsonFX:
On my recently funded US$100,000 FTMO account, I just achieved a profit of US$11,382.65 today.....I have stopped trading for this month, waiting to process withdrawal on the 20th of October.

Congratulations boss

Sl got hit but I reentered.

CopyJoe:
GU

GU

AU, GU, and GJ

Buy to sell opportunities this week.

A closer look at candlesticks formation on H4 and D1 as from tonight.

Special interest on GJ. It's business both up and down in the next few weeks.

I have a special interest on how GU D1 closes tomorrow.

AU - I still have a bearish bias at least for this week.

I will resume trading on my live account this week.

I have already lost 70 pips on the account.

Seconded

Piptocoin:
every time, someone comes along with a whatsapp suggestion. while not bad on its own but come to think of it, if this thread was on whatsapp would new members have found it? Next season, it should be in bold that no whatsapp or telegram suggestion is welcome in the thread.

Two more weeks. I want to have fun.

The first or second position is my target.

I am going back to my first love after this competition.

GJ and GU.

On my live account.

Forexislife:
confidence ke,

This is the first time I'm doing this oh. But looking at previous NFP, that's how gold moves so I thought about taking advantage.

I'm not talking about NFP.

Trading gold in general.

GabsonFX:
You know what I see in your trading outcomes: I see you are more matured and more disciplined, I see you are taking your time with the market and that you are strict with what you are doing.

Kudos

Thank you, boss.

You contributed a great deal to my journey so far.

I know say one day I go be like you.

Forexislife:
I didn't enter minutes before news. I put pending orders 40 pips away, both buy and sell orders. SL was 50 pips on both. Not easy but it worked.

I was only affirming what GabsonFX said.

You know I don't hide how much I love your confidence when it comes to Gold.

I know one day I'll be as confident as you @Forexislife

Let me continue to learn from my bosses.

Selah.

Previous double top.

Result.

Some double tops and bottoms will hold but in the future,

Price will come back and smash it.

It may take years.

GabsonFX:
I don't trade like this boss, if I will already be in a position and NFP meets it there, so be it... I don't trade because of NFP, I'm a born swing trader.

Sweet.

If I am not in a position too before the news, I dare not enter minutes before or during the news release.

Double top.

To my fellow newbie.

What you see in most forex textbooks is basic knowledge. To understand all jargons.

Real-life application is different.

I understood market structure better this week.

Because of that I'll further reduce the number of trades per week.

Less is more. And there are too much noise in the market.

I am still a learner and only sharing what I know.

I am in no way a guru and also still a demo trader.

So, you can understand how easy it's to talk as a demo trader.

Forexislife:
Well, in the past I have tried to do that but news can't be predicted with the chart in my opinion. Maybe you see what we dont see. You can share your knowledge oh I don't mind. Thanks man

TREND, Market structure (100% interested in high and lows) and order block.

And whenever you see double top or double bottom, it's a trap.

Price will come back and smash it with full force.

Na the work of the big banks.

Most times when price wants to change direction from an uptrend to a downtrend and vice versa,

Banks create double top or double bottom in the direction its wants to go,

Go the opposite direction and then reverse back to where the top or bottom is and smash it.

It's not always smooth. You must be able to spot it with good chart time.

I'm glad I made mistakes this week.

I learn more from my mistakes.

saintfaculty:
lookout for price action patterns to join the buy on EURGBP... price is in a buy area now

Your charts and that of GabsonFX has taken me to a whole new level.

Forexislife:
you get mind. Trading before NFP

Study the charts before the news, there's always a clue.

News respects structure.

NFP doing me good at the moment.

But let's wait and see how this ends.

Solution

VlamesIffect:


Boss... maybe being a swing trader is what suites your busy schedule....i used to like to trade intra day... looking at 15mins candlestick jump up & down..but it was stressful chai... it's not easy o... especially when i was trading binary options 1 min for 90% return.... The mental effect is horrible....abeg now i prefer swing trade... because i csn relax & do analysis...set my s.l & allow room for market to move...