Donsheddy's Posts
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garfield1:Are you sure he will win s.w massively.... Massively means at least 80% to 70% of vote cast..... Apc needs to defeat atiku properly in the north to become president... He can't lose the north and become president because he's losing the south for sure.... And he has two strong heads to contend with kwankwanso and atiku.... So far so good... The election favours atiku very well... And seconded by obi that's if he can pull a magic from the s.w and n.c Tinubu winning s.w massively means winning Lagos massively Cus that's the heart of s.w votes followed by osun. Which is in the hand of pdp now |
garfield1:If he doesn't win the north where will he will.... For sure he won't win the south..... How can you become president without winning any of the both region |
Let me drop something today....
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London trade
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New York trade
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London trade....
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Stoploss was picked Resold risking 40 bucks on this one
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Donsheddy:Today's trade.... Moved yesterdays s l to entry.... Then opened another position for today with it's s.l... So still risking 35 bucks Stop loss extended a bit to 1.11200
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Micholo5:I didn't pay for it my self.... A friend In the USA made the payment for me.... You can try crypto... Card is limited to 20dollars |
Another position opened
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First trade for the week
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The lost of my phase 2 really hurt me but we ain't giving up..... So I've decided to change some stuff in the way I trade.... I've increased my R.R to 1:3 With 35 pips I'm aiming for 105 pips In a trade.... I'm straight today to see what my progress will be.... During the challenge I noticed I was still battling with over trading and going against some of the rules like scalping and the rest.... Not an easy ride so far but we will try to be better.... So I will try to work on that now.... And learn how to accept losses.... My saddest reality.... |
Micholo5:Thanks.... Dxy was one of the reasons I lost my account...... Just got to know about it... And I tried to use it to validate my g.u... But was lead wrongly |
Newyork
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Back to the drawing board.... Was a horrible day for me yesterday... But we move.... Will have to make some adjustments.... And stuff..... Increased s.l and increase t.p Need to really curtail the habit of opening more than one trade.... Made me lose an account again..... Monday practice trade.... London T.p hit
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I lost my phase 2 |
Donsheddy:I think this here played out... E.U, DXY and G.U |
Make I go face my demo account no time |
I remember when I dey struggle to pass ftmo free trail... Anyone I open na straight to loss... But I no give up I kept on improving..... Before you know I pass three trails in a row.... I remember when I dey struggle to pass phase 1 for challenge... As I start the challenge na straight to D.D till I blow up account..... I remember when I dey risk 1% per trade... Thinking say that's the only way I can pass.... Each loss came with a lesson and I kept on improving my risk management..... To an extent I'm so addicted to charts that can go an hour without looking at it just to understand what's happening there..... There's no holy grail... Self improvement is all there is.... After several losses..... Today I can say Im better than I was yesterday.... From 1% risk per trade to 0.5% to 0.33% to 0.2% to 0.18% per trade.... And funny enough I make more profit now I'm using lower risk than when my risk was high..... Today I don break the jinx of falling phase 1 and I'm now at phase 2..... Im not there yet but I dey work on myself to get better... Took me 35 days to pass phase 1.... So my brother forex isn't gambling.... If you check the meaning of gambling.... Gambling means taking uncalculated risk.. You don't consider losses on profit... In every business in life there is loss and there's profit..... If you venture into any business without proper knowledge then you're gambling and you're bound to fail.. It's that simple No business in this life can Give you a guarantee profit of 1% every month but no we want to make 20% In a day in fx... And then you say fx is scam..... My brother the take you realize that fx is a career and you treat it as one then you're on the path of success.... I no get trading history but I dey do my thing jeje small time I go smile..... Earning 1000 dollars monthly in this country is alot of money.... How many good paying job earn that much.... To get a job that pays that much you suppose know say your leg long.... Not to talk of your years of experience in that field.... Shekina |
Obnoxious2001:[/quote]Lol weve all been there .... Last last everybody go chop breakfast |
GRIMMJOE:At this point I give up.... Cus you ain't informed..... Once you're good in trading you will be successful no two ways about it |
GRIMMJOE:But there are millionaires.... And there are those that earn a living from it... Steady income..... Imagine having an equity of 300k from prop Firm.... And making 1% profit every month... That's 3k dollars.... Easy ride but no... We want to make 50% in a month ��� That's the problem |
GRIMMJOE:For this Nigeria? Why won't 90% of forex traders fail .... Do you know the dedication and years of study it will take you to become a doctor...... How much money you will spend on books and research etc What's the statistics of those that tried or applied to study medicine but didn't make it.... You practice on demo 6months... You get live account and expect to become a billionaire...... |
Last last.... Spiritual or not..... Everything is clear on the chart.... Most times we just refused to see it.... Or we see it and choose to ignore it.... We try to force our trade on the market.... Market go do wetin e wan do.... For example me.... Yesterday I see say g.u must reach 1.14 or 1.143 den drop... But stubborn me... I woke up this morning saw some bears sign and rushed In to sell... Instead of waiting for i know will happen.... Last last market do his wish first before selling..... This afternoon I Marked 1.13400 and 1.13500 as a place to buy.... Cus I know for sure buying.... I couldn't wait for it I bought very early.... Last last market jejely do him stuff got to that level before buying...... Only risk management can save us.... Imagine me going full margin... Na cry I for dey cry dey scream.... Market na scam blah blah blah.... Mhen we just need take our time study this Market and take am as full time job... There's no easy route to success |
My scalping continued in n.y.... Closing the day with 0.62% The kind of start I hoped for..... Hopefully tomorrow will be better
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Rough Day.... This is how I'm ending London Session... Scalped all through.... Had to reduce my lots size cus of market liquidity and how fast moves happens....
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London Trade
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Selling g.u now is at owners risk I think... It depends on the t.f you're looking at.... The best g.u can do for bears 1.122 or 1.123 Best place to look out for good sell... Is 1.15 or 1.16.... Last week Close is very strong for bulls.... E.U is trying to find it's way to 0.9 or 1.0 Just my simple opinion might be wrong..... Dx.y has its eyes on 110 |
karkinase:G.u is on his way to 1.16 at least 1 1.15 |
Market Movement In G.u is still very much the same as last week crazy..... 30 pips in one minute..... My strategy can't survive here.... Better to stay off than give everything back to the market...... I'm contemplating on trading E.U but I need to understand the market structure..... Watching to see what happens before n.y Else will take a break till tomorrow |
Starting phase 2 today... Weekly Target 1.2% |
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