rainlover:
if GU is hard try XAU or BTC you'll thank GU later

Those ones are monsters 😂😂...

Us30 and USTECH follow

karkinase:
GU is a bastard pair.. 3pips up 10pips down. then if u exit ur position voom

G.u na for people wey chop belle ful....e don send me go village twice

samfelly:


Abeg, show me a screenshot of your past trades. I wan see something. And click on 2 trades to reveal the durations. T for thanks

Nairaland no dey gree me post pictures I no know wetin. Dey happen

Jameselias:

On average what's your RR

1:2.6


0.5% to get 1.37%

OfficialP:

. Thanks for the update. I dey +2.5%. 0.5% risk per trade

for the first time, I can now say. I know what am. Doing, I know what am looking for in a chart. Everything is clear like day,

May we all pass

True talk bro....
I did 2% already..
Risking 0.5% per trade...

I tried to post charts this morning...
Nairaland banned my other account....

The gu bear move Is scary but I'm still with the bulls...
Hopefully fomc do the needful

The first matrix link....

https://trader.ftmo.com/metrix?share=92aee8e3623c&lang=en

so I,ve been struggling with trading...
So I created this thread just to make my trading as real as possible....
Make the demo account feel like a live account...
And trade like a like account.....

My goals are simple hit 2.5% profit weekly and consistently for the next 10 weeks....

Starting today.....

Trading style...

Two trades per day....

1 London session.
1 new York session.....

Only enter a start after 8am for London session...
And 2pm for new York session....

R.R 1:1.6

Risking 0.5% percent per trade and profit 0.83%

So today I didn't follow my rules thou I got the profit target, that's the reason for creating this thread.....

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Yes oh

Guys this coin be pumping soon

Gwan2:


Pulisic, Kovacic?.......Anyway, na win we want ..

We Won

Team news

Chelsea: : Mendy, Azpilicueta, Silva,
Rudiger, James, Jorginho, Kante, Chilwell,
Mount, Havertz, Werner.

paulolee:

lolz...u won twice bt small Leicester take cup from u n Aston villa disgrace u jus last week if nt for totenham wey help u..
no wahala....till evening we go see who laff last

Man City no loose against Brighton before there last game against Everton?...

paulolee:
.
emery was in charge of arsenal n Chelsea were better than arsenal...pep is in charge of city n city are better than Chelsea too

Na you make city to better pass Chelsea...
No be this same city don collect am. Twice in a space of two weeks for Chelsea hand?

Small something

boom99:

I demo traded this for one month na. I made 40,000dollars extra.

Demo trading big account size and trading big live account is two different things bro....

Imagine trading 100k account and you're in loss of 5000 dollars already...

That's just 5 percent oh...
But you and I know how big 5000dollars is how are you going to react....

Same thing when you are loosing 5 percent of 100 dollars account, which is just 5 dollars....

Which will have more phycologicall effect on you bro

infofirst:
Life itself is gambling. No one can guarantee what will happen in the next second. So everything in it is also gambling. Acquiring education and or knowledge about life gives you advantage and increases your chances of success.

What I wanted to say....
Most people misuse the word gambling...
They don't atually know the meaning of gambling....
If you check dictionary Gambling means taking uncalculated risk....
Doing something without proper knowledge that's gambling....
Life its self is a risk....
No body can predict the future but we can determine the future with our present action....
Forex isn't gambling if you have proper knowledge of how the system works....

ILovebigyansh:


Yeah i'm aware.
I was here up to when pipsbasketing was running the contest of some sort.
Never said a word only observed.

One thing is certain next contest they will still complain...
Consistency isn't a small feet...
Wether you're gambling or trading responsibly....
Anyone that is consistent is a good trader no matter his style of trading....
It doesn't matter if people see it a gambling or not...

I believe GU....
Is going to break that 1.42000 resistance level next month...

GabsonFX:
Even 2% per week, this will force everyone to trade and not try to hit jackpots in 3days and run.

Or make plus or minus 3% weekly.

Sure I can remember vividly well that was the reason why they changed the contest to two weeks...
Theyoungmaster was the one that led that campaign....
Two weeks to me is better it makes everyone active....
For me any rules, I'm gamed...
As long as it's gonna help me to sharpen my skills...
I no fear...

GabsonFX:
You can choose any of these:
1. Make at least 3% weekly for 4weeks
OR
2. Make at least +/- 5% weekly for 4weeks.

With this, no one will be looking to sky rocket an account in order to stop trading for the rest of the month. This will also force everyone to trade diligently and continously......Just a suggestion, you have the final say boss. Plus with this, we can be sure to see consistency.

Seconded but 3 percent Sha high oh

ILovebigyansh:
I'm simply saying we should have a rule not subject to change for a fixed period of time.

A rule that allows fair trading ground for all players.

I think having the contest for a month is also a good idea. But i feel 2 weeks seems more flexible.

this contest shouldn't be about becoming top 3 or cash prizes, but developing a system, psychology & risk appetite that works.

@infofirst If you looking for profitable traders for a sponsorship use their overall m/m gain (you have the data from march).

Formally the contest used to last for a month but they complained about it and it was changed to two weeks

infofirst:
$100,000 Live trading account. I am 99.9% sure that only 5% of traders across the globe can manage such account balance successfully for one month.

@wiconse @donvic4u @don_sheddy
What says you to this?

True talk....
Honestly managing larger fund is more difficult than managing small funds.....

infofirst:


Someone can decide to but then there is the restriction of max of 0.05lots for everybody. So its left for you to used up all 0.05lots or not. As a matter of fact, those that scalp open more trades than those after pips. So if you are good in either. You end up with brilliant result.

This one makes sense....
Minus me oh...
I'm sure theyoungmaster takes more trade than I do...

Theyoungmaster:


A good trader focuses on both. They are complementary. No need for the split. The contest is all about making good traders out of all contestants. You need to be good at risk management and pips making to be considered a good trader.


I come in peace.

Risk management is everything...
If you can't manage your risk then I don't know....
Risk management isn't all about using small lot size like I said it varies....
Risk management means knowing when to enter the market and when to jump out....
How much loss you're will to absorb....
One can make a million pips and still blow his account...
While some one else can make just 10 pips and still be profitable....
It varies....
Some people have the patient to see out a trade till the last minute, while some don't have that patience ....
It varies that's why we have scalpers, swing trader's, day trader's....
That's why we also have different tf to accommodate everyone...
At the end of the day no matter your style of trading...
If you're good you will always be profitable...

ItzProspero:



Supported.

Some focus on pips, some on risk.

Let the rules accommodate all pls

Exactly my point

infofirst:
@Donsheddyguru
I am afraid the rule can not cover every one. I can only try and adjust to ensure we are close to best practices.
As much as only pips does not count. You still have to learn to make the pips. If you target 10pips to make 5%. Thats still going to lead to over trading. No room to allow your trades to breath as well and all that. Its better you learn to trade to make atleast 50-100pips per trade.

Like I said...
Using pips alone to judge won't stop over trading....
Someone can decide to use 0.01 lots size and at the same time open too many positions....
Thereby risking too much too

infofirst:


Except we kind of restrict brokers. Icmarkets am pretty sure will not allow one to trade indices 11lots with $1k balance.

This one will make sense too...

Some one like me I don't target number of pips...
I work with percentage profit....
Helps me not to over trade....