₦airaland Forum

FreshGuy2:
this sl is quite ridiculous man

PIPSMARSHALL:
U opened 10 positions on one trade. Omo, i think say na only me dey battle this overtrading.

Market go explain give us soonest.

Ibrahimlagosian:
If that'so,you might need a retweak in your strategy bro.you need to learn to how to catch many pips from a trade.trust me,most stress come from making many trades,if you're trading only gbpusd,why not learn to catch long term movement?,the market (GU)have been selling since last 5-6 weeks continuosly.why not learn to catch much rather than targeting peanuts?
It's also obvious that your trades are always closed before hitting Tp or Sl,that's why your wins are always small and inconsistent..

Donsheddy:
Riding Gu bulls now

Entry 22160
Sl 21830
Tp 22550

Donsheddy:
Riding Gu bulls now

Entry 22160
Sl 21830
Tp 22550

kingar:
This entry is fine but I suggest it’s too late. I like your calculating formula in the business, we can be team. Chat me on More wins and bigger lots aheads

Donsheddy:
Week 1 Of 12

Gbpusd sold
Entry 21910
Tp 21550
Sl 22260

You can monitor my test here, call me out when i break the rules... im doing this to force the discipline, one single trade at a time

Login: 2102639687
Read-only password: 17FLP87
Server: Ftmo-demo

kingar:
I will suggest you use a tighter stoploss. 45pip sl is too much for a day trader. Consider this

1. Patiently wait for the trade to get to your demand or supply zone.
2. Wait for confirmation b4 taking the trade. Doing this will cut low the sl pips and greater chance of quality trade. And your tp will hit early enough

Donsheddy:
Week 1 Of 12

Gbpusd sold
Entry 21910
Tp 21550
Sl 22260


You can monitor my test here, call me out when i break the rules... im doing this to force the discipline, one single trade at a time

Login: 2102639687
Read-only password: 17FLP87
Server: Ftmo-demo

PraiseGod4u:
Are u trading challenge accounts alongside this?

rhynoemmie:
Part 2

the structure

Let's say since June, people who have hit 10% on TFT competition account and were awarded prop accts should be at least 5. That's at $250 A month. Calculating from June till September and that gets you a whopping 1k. And we don't really have a lot to show for it. I'm not saying that the traders are the problem, i'm just thinking that if we tackle this from another perspective, we could make really significant headway.I'm thinking this is what meshpips was trying to tell us sometime back but i guess the message didn't come across well.

Now we can all say based on how active most of us have been here that when it comes to analysis, guys like charly20, Abhams, kozmicity, davigle,fxcandles, nzechu and lanshile

Under risk management, we have dmahns, donsheddy, charly20,

And then traders, officialP, realone12, greatcheers, pipsmarshall elliotwaveforec

By traders, I mean people who have conquered the fear of putting on trades and waiting till those trades hit tp

If there's a way we can each apply these strengths under one name, I think we would most definitely make progress. This way the work load is shared and everybody has something to learn from each other on a fundamental basis. This project is one that would benefit the whole group, both intellectually and cash wise.

Part 3

planning

Back to the money, I think it's safe to say that at least, 60-70% of traders on fta reside in/near Lagos. Now if that same 1k could be spent in another way. Ie a flat is rented at maybe 250-300, for a year. If we don't feel safe with this deal, it could be cut down for 6 months. And then the rest of the money is channeled into getting maybe 3 × 50k prop accts and these accounts are given to people who we can all say are good traders. Acting on trade ideas that are generated from the analyst and have already been decided on by the group (samfelly). With position sizing restrictions alreasy laid out with entry and exit plans already in place.

If we could tackle it from this angle, people will have to see it differently because what you're doing now is in line with your core strength and the pressure that comes with trading could be somewhat alleviated.

Example, an analyst who's scared of putting on his trades or a great trader who closes his trades too early won't have a choice to exhibit these characters again cos the choice is no longer in his hands again.

This could prove to be a reliable solution to the problem of moving everybody here forward and resources will be put to better use. It's a solution where everyone comes out on top long term.

Ibrahimlagosian:
Donsheddy,what's happening?is everything alright?.you have to continue placing your trade calls bro.

infofirst:
You get mind o. Which shop did you sell? Which inspirational speaker push you to do that?
That's purposeful mehn. You definitely will overcome provided you do not give up. You are deliberate about improving too.
You have to let greed go. If you do not. It takes one day and ten years efforts will go in the bin.

infofirst:
Lack of trading strategy/plan/system
Poor risk management/Greediness
Impatience
Indiscipline

Which one is stopping you from profiting in the forex market? And what are you doing to overcome it?

Impatience has been hitting me lately.
And dragging me back and forth.

I kept going through short tweets on trading psychology to overcome the impatience of late.

Donsheddy:
Sold gu now


Ent 20780
Sl 21240
Tp 20080