₦airaland Forum

Donsheddy:
Im with the bears today on gbpusd...

This will determine if we ending the Week in profit...

Entry 1.25186
Stop loss 1.25416
Takes profit 1.24333


Rrr 1:3.6

Donsheddy:
Riding gu bears...

Entry 1.25900
Sl 1.26130
Tp 1.25000

samfelly:
Wisdom is profitable nah

Donsheddy:
Another day for emotional wahala...
Gu no wan show me love this week

All yesterdays trade was stoploss upon stoploss..

I don pitch my tent with bulls today....

At 1.26190
Stops 1.25962
Tp 1.27050


Rrrr 1:3.6

realone12:
you get mind dey sell USD for this CPI? bros don't do that.

Donsheddy:
Because of cpi ive moved my s.l to below yesterday low...

Stoploss now at 1.25720

Reducing my rrr to 1:2

Donsheddy:
Another day for emotional wahala...
Gu no wan show me love this week

All yesterdays trade was stoploss upon stoploss..

I don pitch my tent with bulls today....

At 1.26190
Stops 1.25962
Tp 1.27050


Rrrr 1:3.6

karkinase:
Funny enuf GU go sell crazily today.. leave GU o. Na weyrey pair

Donsheddy:
Another day for emotional wahala...
Gu no wan show me love this week

All yesterdays trade was stoploss upon stoploss..

I don pitch my tent with bulls today....

At 1.26190
Stops 1.25962
Tp 1.27050


Rrrr 1:3.6

Donsheddy:
New Day New Trade

Im bullish with gbpusd today...

I went in at 1.26137
Stops at 1.25907
Takes profit 1.26995

RISK to reward 1:3.6

dmahn:
Nice one chief.. I'm glad to see this. If the H4 candle closes just like you've uploaded, your TP will surely hit. I will join you on the trade once I see a retracement.. Ur TP my TP

Donsheddy:
Recovery trade...
Sorry i couldn't post this earlier...
It was a pending order and ive been pretty occupied...
Trade wil be closed in the next two hours thu...

Enter 1.26327
Stops 1.26557
Takes 1.25770

Rrr 1:2

Donsheddy:
Stop loss hit...

Donsheddy:
NEW WEEK.
FIRST TRADE..

BULLISH WITH GU TODAY.
JOINED AT 1.26529
STOPS 1.26300
TAKES 1.27390

RRRR 1:3.6

samfelly:
Boss, these records are very fine since u are doing dem manually. Just want to ask, do you have myfxbook and fxblue tied to the account. I wan see if everything tallies with your manual recordings, u know

charly20:
It is like I've always stated, I'm trying to make a career of this stuff. There will be mistakes, there will be lessons. The bulk of the work is in acknowledging when there's a compromise and to resolve to not repeat such for a second time, talk more of a third time.

It's not easy work, I swear. You have to operate on a very rational level, the kind seen in robots. But it is almost impossible as we are inherently emotional beings and emotions as I know them are chaotic.

The thought of losing money especially if you have a limited sum does a number on the mind of many traders. Traders who are already rich see the PnL as just numbers. Traders who are yet to reach that pinnacle of financial strength see even -$1 as the end of their account.

Who wants to grow knows what to do to grow.

Donsheddy:
What im looking at today... Bought gu

samfelly:
the one and only Galleryeasy , abeg, no spoil show for us o. We don accept the 2% DDD. Na duration of the competition we dey try wan agree on now; 14 days prop firm standard or 30 days broker otherwise standard

infofirst:
Best is one year for swing traders

pipfisher:
2% drawdown is no long risk management. Even for a 10million dollar account, no one will force a professional trader into such corners.

realone12:
14 days is ok bro. why make things complicated. wether 2 weeks or 4 weeks, good traders will always find their way to stand out among the rest

samfelly:
Come to think of it, why boss PrinceofWallstr wants the 2% DD is because 2% of 50k is 1k, which is not bad.

Oya nah, 2% DD stays.

But the question now is, are we using prop firm free trials account for the competition or we are using none prop firm (random broker), which have no drawdown parameters drawn into the accounts?

Remember, fxblue no get Daily Draw in their settings.

Modified: I think we can use that Max drawdown (cash) to work for the 2% daily drawdown

HumbleTrader:
So way tin go happen to those of us wet no dey trade news.

infofirst:
Maybe na 2 ppl go make it wit 2% DD