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HumbleTrader's Posts

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BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 12:06am On Apr 07, 2023
Emmizay12:
grin

you no want hear word, but you want make people hear you,

you be the resident clown for FTA grin
Show me where I say you must listen to me, when no be me they fund una trading account. I don talk am before and go talk am again, wether you make profit or loss, e no affect me.

So I see no reason why you go dey insult another trader because their opinion different from your own, again, you too no dey fund their trading account. Make we behave like professionals.
BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 8:11pm On Apr 06, 2023
PrinceofWallstr:
I would have loved to engage you, but glancing through you statements show that you have zero or basic knowledge about trading. Wisdom is profitable bro. Do ur tin bro
I gave you constructive criticism, you respond back with insults, don't you ever mention me again.
BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 8:09pm On Apr 06, 2023
Dathypebruv:
No sir, but you are scalping which is an approved trading style


but my dear where swingers and intraday traders play, scalpers fear to tread grin
The aim of trading is to be profitable, every other thing is just noise.
BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 6:39pm On Apr 06, 2023
PrinceofWallstr:
Us30 won't send me back to street, was up on 3k yesterday, it drop to -2k today, now is heading back to 4k, let's see how the game plays.. @Humble trader pls listen to them, guess you have not been hurt? Yhu can't compare RR to Winrate .✌️
I'm not the one to be mentioned, I clearly said win rate isn't useless, it is what determines a traders rrr.

By the way you tp is too risky, the next area of resistance may not be that high, a safer position will be 33658.30

I don't want to even mention how tight your stop loss is, you almost got hunted out.
BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 6:19pm On Apr 06, 2023
dmahn:
I was adding to loosing buying positions while others were selling heavily. This is the reward of trusting yourself more than anyone else
That's not how it works.

The moment you were seeing buy, I saw there was still enough sell power, I sold Eru_Usd today and I profited, still today, I'm currently buying Eru_Usd and still profiting.

What this means is that you entered the trade too early, you may want to change or solidify your strategy.

Currently buying Eru_Usd

BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 3:17pm On Apr 06, 2023
Another EU

BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 12:12pm On Apr 06, 2023
Eru_Usd

It get to a stage when making profit is not a problem, but when one attempt bigger profit that when things become too risky.

BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 12:09pm On Apr 06, 2023
Elliotwaveforec:
Short EU 906 SL 912
SL hit!
Could it be that or you stop loss was too tight.
BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 12:09pm On Apr 06, 2023
Dathypebruv:
you made 10 pips and yet boastin of 1:6 rrr

Lmao, dfkm grin
Are you trying to shame a trader for making 10 pips profit.
BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 12:03pm On Apr 06, 2023
yetown:
@HUMBLETRADER try and be calming down. Go back and relearn. Risk to reward adjusted along side with your stop loss and risk percentage will help you in the long run.
If I ask you for your trading history, we'll not see you again.
BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 12:02pm On Apr 06, 2023
saintelvnn:
My man grin
Na so we see am, one can't stop and throw stone to every dog that backs at him.
BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 11:29am On Apr 06, 2023
Moving on Cad_Jpy.

BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 9:07am On Apr 06, 2023
karkinase:
this boy @humble trader no wan learn.. win rate is nevr important .. what matters is your risk to reward.
I'm not falling for the bait, argue with yourself.
BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 8:02am On Apr 06, 2023
A beautiful morning trade 1:6 rrr

BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 8:00am On Apr 06, 2023
saintelvnn:
You're making sense boss
But sometime try to understand others too..
It's all good.
BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 7:07am On Apr 06, 2023
Kaybee7000:
Stop this na,miole laja o
I thought he made a mistake, because all his other point are accurate, but instead of back tracking he's pushing the agenda that win rate is useless.

This is like telling traders that
- Forget about strategy, forget about technique.
- Take 10 trades senseless trade
- Use 1:10 as RRR
- All they need is 1 successful trade to cover all the 9 loss.

This is not true, forex is no respecter of luck, one need to know what they're doing, and how much they know is what determines their win rate.
BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 6:28am On Apr 06, 2023
MetroLane:
1. As long as I'm not trading 1:1, I don't need more winning trade to be profitable. I can have a 30% win rate on a 1:3 and still be profitable, check the image you uploaded.

2. Total nonsense, since when did win rate start determining the RR you'll trade?

3. So you mean if I take 5 trades with 1:3, and I lose 3 trades and won 2, I won't be profitable?


All these arguments coming from someone who doesn't know the difference between Entry stop loss and Trailing Stoploss..... You'll be ignored henceforth.
What determines your rrr is your win rate, simple.

A beginner trader with no experience has 0% percent win rate, they can even lose 100 entries, how do you think people blow their account. If beginners like that should use 1:2 or 1:10, they will still lose.

Every trader has a win rate, this is determine by how experience they are, and their trading strategy.

Win rate is not useless , I recommend you take your advice and ignore because you don't know what you're saying.
BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 1:53am On Apr 06, 2023
MetroLane:
This is where proper RR comes in play....

You take 10 trades with a RR 1:5...i.e Risking 5 pips to make 25 pips

You lose 7 trades, that's 7 x 5 pips sl = 35 pips loss

You win 3 trades, that's 3 x 25 pips TP = 75 pips gain

Overall 75pips - 35 pips= 40 pips...

At the end 10 trades, even with 7 loss you're still making extra 40 pips gain....

This is isn't Physics, stop making it look so hard.

You don't have to win every trade, infact you can't win every trade....Just make sure that when you lose you, lose small, and when you win you win big......

Win Rate doesn't really matter as long as your RR is top-notch...


And if as a trader you can't win at least 3 out of 10 trades, please just give up Forex, go and learn work.

Good evening.
Again, even a child knows to be profitable you must win more than you lose, you're not saying anything new.

And win rate matters, win rate is everything, a traders win rate is what determines what risk to reward ratio they will trade. The image below explains the rest.

BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 1:45am On Apr 06, 2023
MetroLane:
And those 7 trades will not all end in loss, some will be break even....which is even better for you.


You just decided to come after me and you totally ignored the whole message which is---- No matter the strategy you use, make sure you trade only high quality set ups and have a good RR ..... I'm not supposed to tell you these things, you should know them by now.
You've say nothing, everybody knows to be profitable you must win more than you lose.
BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 9:20pm On Apr 05, 2023
MetroLane:
Some strategies like SMC gives you the opportunity to use 2pips stop loss, so with little stop loss you have the opportunity to use big lot size.

To the best of my understanding, he's trying to say using little stop will allow you use bigger lot size, and if you are scared of using big lot size, then you're only wasting your time because you're not capitalizing on the advantage using a little SL brings...

E.g two traders both have 10k account....They decided to enter the same trade, one uses 5 pips sl, the other uses 10pips sl, if you calculate the position size with a position size calculator, the one with the little Stoploss have the opportunity of using a bigger lot size to maximize his return, and if he's using the same lotsize as the one with 10pips SL, he's likely shortchanging himself.

I'll drop a screenshot below.
But you're forgetting the tighter your stop loss, the higher chance of getting kicked out of the trade, or stop loss hunted.

And with multiple failed trade, the loss will eventually amount to the same 10 pips.
BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 8:30pm On Apr 05, 2023
Elliotwaveforec:
Ha! After 2 days.
What was the rrr for this trade.
BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 4:31pm On Apr 05, 2023
Donsheddy:
This one don blow account 😂😂😂
I've not blown my account, the profit I'm making doesn't amount to anything, so I need to dedicate more time trading.

My closed trade.

BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader:
EXLOVER:
[s] What do you want us to do? fry stew for you or do a sendforth party for you? [/s]
BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 3:45pm On Apr 05, 2023
I'm taking an indefinite break from Nairaland so I can focus on my trading.
BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 1:41pm On Apr 05, 2023
Another successful trade, although I'm taking more risk.

BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 1:23pm On Apr 05, 2023
Finally I've closed all my trade, I also captured ADP 1:15 pm news.

BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 11:25am On Apr 05, 2023
Kaybee7000:
Lolz boss
Boss u Bleep up big time
A good trader must be willing to learn, unlearn and relearn, I no wan talk too much today.
BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 11:09am On Apr 05, 2023
EMIOMOADEOYE:
Ẹ dey make money?
To make profit no be problem, na when person wan make big profit na there problem dey.
BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 11:05am On Apr 05, 2023
Gbp_Usd a quick scalp, I still have open trades.

BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 7:50am On Apr 05, 2023
Safe trading is boring, I have been holding on to a position for 2 days now.
BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 11:26pm On Apr 04, 2023
Day 1 and 2 : Growing a cent account.

Profit: ¢0.07
Balance: ¢1001.7

BusinessRe: Forex Trade Alerts: Season 23 by HumbleTrader: 9:57pm On Apr 04, 2023
PpTRans:
Y'all hv time to dey argue sha

It crystal clear d dude is jostling to be 🤡 with himself.

Who em epp!
Who are you referring to.

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