Donsheddy's Posts
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HumbleTrader:Wahala for hu no be profitable trader oh 😂😂😂😂 |
BrightFuture48:Very difficult... But like my boss will say... Thats why I want to instill that discipline into my system... Chasing the market up and down... Doing same thing over and over again hasnt given any result so i say make i change... I have to accept that losses is part of the game.... Any profit wey never hit tp no be me get.... And then ive come to understand that market doesn't move in a straight line.... It goes up come back down to breathe and continue the move up.... All im seeking is to be profitable at the end of every week... No matter how small... Even if i end the week in losss it shouldbt massive |
infofirst:Morning boss... Happy to have you here 🙏 |
BrightFuture48:No exact reason... I just noticed the moves where done... Like day 5. I closed Early cus it weekend and the market wont do much from that time... Day 4 i been dey watch match I forget say i get running trade 😂 |
End Of Week 1 Result 5 trades this week. Day 1 - 56 pips profit Day 2 - 33 pips profit Day 3 - Minus 16 pips loss Day 4 - 77 pips profit Day 5- 63 pips profit Total profits 56 + 33 + 77 + 66 = 226 pips profit Total loss = -16 pips Closing profit = 229 - 16 = 210 pips profit Risking 0.46 % per trade with 0.1 lots... Profit for the week = 2.10% Max. Profit attained this week. = 2.10% Max loss in a row = - 0.16% D. D from initial starting balance = -0.35% |
i learnt alot this week... So i made so few changes to my risk management now using a wider sl of about 46 pips and it looked very promising .... I will be drop two analysis... One for when i was using closer sl and when i used wider sl 6 trades this week. Day 1 - 2 trade. 10pips profit and 23.5 pips loss Day 2 - 1 trade 23.5pips loss Day 3 - 1 trade -16 pips loss Day 4 - 1 trade 77 pips profit Day 5- 1 trade 63 pips profit Total profits 77 + 63 = 140 pips Total loss 16 +23.5 +23.5 = 63pips Closing profit = 140 pips - 63pips = 77 pips... Risking 0.35% per trade with 0.15 lots... Profit for the week = 1.10% Max. Profit attained this week. = 1.10% This is the result when i used wider stoploss https://www.nairaland.com/7689508/prop-firm-strategy-testing-ground This is the link where i was testing the wider stoploss before implementing it here.... 5 trades this week. Day 1 - 56 pips profit Day 2 - 33 pips profit Day 3 - Minus 16 pips loss Day 4 - 77 pips profit Day 5- 63 pips profit Total profits 56 + 33 + 77 + 63 = 226 pips profit Total loss = -16 pips Closing profit = 226 - 16 = 210 pips profit Risking 0.46 % per trade with 0.1 lots... Profit for the week = 2.10% Max. Profit attained this week. = 2.10% Max loss in a row = - 0.16% D. D from initial starting balance = -0.35% I will start working with the wider sl seems a bit stress-free and easy... Cus ones i take a trade its either stop loss or take profit that way i wont miss out on good trade... I can only close manually at the end of the day weather in loss or profit.... |
Donsheddy:Day 5 Trade Closed Manually With 63 pips profit 0.63% $63 profit |
Donsheddy:Trade Closed Manually With 63 pips profit |
dmahn:Congratulations |
karkinase:Yeah... Im still riding thou... Will close out manually onces its 8pm |
karkinase:E be like say bulls never finish work... Red new in the next 20mins make we see wetin dem go do |
karkinase:I dey see am so... Bulls no fit even hold them off... I still dey watch them sha |
HumbleTrader:Comedian E no get any time wey i claim say i be pro.. I dey learn every day... E no get wetin i sabi.... So rest.... Even ftmo free trail i no sure say you go fit pass am self... If you fit... Create one drop the matrix link lets follow it up... Post analysis mba... Only to insult and curse people naim you Sabi.... Any where you see my post abeg if you no get any reasonable input or knowledge to share with me just avoid am ..... I doubt say you go even fit get any reasonable input to share self..... You sabi make millions of profit na him you never dey top thefundedtrader and Myfundedfx competition abi that one pass you too.... The greatest trader of our time 😂😂😂 |
HumbleTrader:Still letting you know that theres nothing special in all those screenshoted profit you show here... This is 50% profit done in a day so. Try dey rest Third image trade Still running...
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HumbleTrader:Just so you know theres nothing unique with you're doing scalping and showing half baked profit .. This is demo account i start started this morning.... Men dey think of how to crack prop firm you dey here wan attack me
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HumbleTrader:Comedian.... Any day you start to post analysis and not those cropped 10 pips profit then you fit follow me talk.... For now just dey one side |
karkinase:Yeah i feel they might just dance around... Cus if h4 closes bullish... The next h4 will do bullish dance too... And the day is as good as over... And no serious news until 4 pm.. |
karkinase:Na Just My small observations... I might be wrong sha... Market go still do wetin dey him mind... At the end of the day... For me its either my stoploss is picked or my takeprofit is picked |
karkinase:Okay boss... Why im careful with the bears today is 1. today is the last day of the week market might want to cool off in order to be able to refire next week. 2. Main level i watched out for this morning wasn't pick by bears 1.23900 instead market was printing lower highs at lower tf.. 3. Yeah my moving average on daily tf has indicated sign of bears but it hasn't crossed which means bears never get full authority yet 4. Dxy broke a key level downward today and with all the noise it hasn't tested that level yet... 5. The only stubborn boy now is eurgbp which close bullish yesterday, thats why i said im not too comfortable with the bulls yet but with the massive buy on eurgbp it hasn't reflected on gbpusd, so im still careful with bears so i wont be caught in retracement... 6. Eurgbp h4 is heading to level where i feel it will bounce and drop.. 7. For now i will wait for all h4 to close before I know my fate.. |
karkinase:Na why stop loss dey dere na... I don define my risk incase of massive drop.... I dey use one eye dey look bears sha... But wetin eurgbp and usd dey show me... Never make me trust the bears yet... Maybe na next week we go continue.... And werkly tf gbpusd just bounced off my moving average.. |
karkinase:I dey see am so but time will tell... I just fell the market was just dance around today without making any serious move... I might be wrong Sha... But its either tp or sl |
VeeVeeMyLuv:Hahahahaha Its just to make my chart look beautiful 😂 |
HumbleTrader:How do you know that i dont follow moving average.... Moving average isnt just about buying when it crosses upward and selling when it crosses downward.... Moving average also helps to pick out key levels and gaps that needs to be filled... |
DAY 5. Bought Gbpusd. Entry 1.24050 Stoploss 1.23590 Take profit 1.24980 Rr 1:2 [color=#990000][/color]
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LAST TRADE FOR THE WEEK...... CHILLING WITH GBPUSD BULLS TODAY I'M NOT TOO COMFORTABLE WITH IT BUT NA WETIN MY ANALYSIS AND STRATEGY TELL ME TO DO TODAY.... JOINED AT 1.24050 MY SL AT 1.23590 TP AT 1.24980 RRR 1:2
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Donsheddy:Day 4 Trade Closed Manually with 77 pips profit... $77 0.77% profit |
Donsheddy:TRADE CLOSED MANUALLY WITH 77 PIPS PROFIT |
samfelly:Otilo 😂 |
samfelly:Run oh 😂😂😂 |
DAY 4 Sold gbpusd today at... Entry 1.24753 Stoploss 1.25213 T.p 1.23800 Rrr 1:2
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Im Still with the bears today.... .... I sold gu at 1.24753 Stoploss at 1.25213 And take profit at 1.23800 Rrrrrr 1:2
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[quote author=Donsheddy post=123182737][/quote]DAY 3 DONE TRADE WAS CLOSED MANUALLY WITH MINUS 15 PIPS LOSS.... -0.15% |
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