samfelly:


If them list 20 powers that be on fta thread, I no go emerge. Just stick around, long enough, you'll soon know them. I am just a floor guy (@ d bottom).

I get many strategies o, since them say market get many behaviours, I get am plenty strategies. But the one I dey use most of the time have BB and MAs smeared all over it (Brightfuture48 go know wetin I dey yarn here, cos na him hand I first see am before I go dig more about it). Anyways, to make this work, I guess any one interested would need to spell their stratege out, first, right?

lol,
that sounds like BBMA
It is possible to get a hint of how someone trades from charts they post here.
Most strategies are intertwined, what kozmicity trades is the Reentry on BBMA or the V/A on BTMM, etc he just trades it all and without indicators.

I trade similar patterns too.
Ironically the most efficient way for rapid growth in this industry is to corroborate ideas, but it looks like I am getting way ahead of myself.

Let's continue the old ways.

kozmicity, samfelly and the powers that be in this thread;

We can achieve higher success in this place by forming pods of individuals with similar strategy.
Hold each other accountable, daily report cards, share trade ideas, etc.

Two good heads are better than one...how about 10 good heads??

One of the biggest account killer: Those setups that look like your A+ setups.

Run away from them. If not, they will kill you. 🤣😂

kozmicity:


The bolded is my main motivation. I was at 6% two weeks ago and then I started taking the wrong trades. I may have 4 setups on my other account, but the one I decide to place on the darwinex account is the one that would hit SL🤣

I no fit vex. I know I'd pass it sha... I've come to far to allow it shake me to my core. I'd just adapt. One thing many people dont talk about because it's frowned upon is "gut feeling."


But technically it's not gut feeling because it's accumulated from patterns you've seen form over years of looking at the chart. Your confluences may be screaming at you to enter a trade, but your instinct just say to hold on an you wonder why. You just need to be careful so you realize when it's fear of losing that's keeping you out of the market.

Muscle memory. This is the ultimate bus stop; where you intuitively trade.
This is why profitable trading can't be taught. It is built overtime.

The key components to profitable trading is rarely talked about on social media.

kozmicity:


And I'm nowhere near where I want to be so it should tell them how hard it's going to be. One is putting full effort and he's quite close to me in ability, another one's effort is half hearted. The rest...😁 No worry, my next year motivation go loud.


Imagine passing infofirst's challenge and getting live funded with FTMO. Make 5% of a 10k account. That's roughly 500k for a student like me who's been surviving on about 30k monthly.

I envy you bro.
Give it everything. You've got nothing to lose but too much upside.

With the way this country is going, anyone not earning in foreign currency will suffer more on the long run.

kozmicity:


I actually don't 🤣

It's one of the remnants of when I used to combine price action and indicators to trade. I removed it once but I couldn't tolerate how my chart became so large. I jejely put am back because I wasn't used to seeing the chary like that.

It's basically the same reason why I do my analysis on MT4. I'm not comfortable using MT5.

🤣🤣😂

If you ever completely get rid of it, seeing a chart with it will be surprising.

VeeVeeMyLuv:

It was bearish na, not only this pair, the other 3 pairs too.

Bullish or bearish is relative on what TF you are looking at.
Meanwhile when someone takes an L in this business, just encourage them and move on (except where you are asked for input directly).

The business is already hard enough for you to make the person feel more like an idi0t.
We all take our L's from time to time.

Hope you don't take it personal. No pun intended.

nzechu:
nice one. I sha took time trade, I was supposed to add that particular one, completely forgot or will I say I was lackadaisical about it. I am making progress cos I am learning a concept on my own,and I am becoming better at identifying the concept in its different forms.

Seeing the move before it happens even if I didn't trade it, is progress for.me. the trade I didn't take was also on competition demo if I had taken the trade wud hv boosted my ranking on the competition.

💯✔

wuyexzy01:

Na true you talk brother.... but some one like me na coconut head I get wey no dey follow any rule.

Not only you, we are all guilty of it.

But we have to help ourselves in following our rules or else emotion will destroy us in live market.

Feshizzy:


Then you clearly don't even grab the concept of backtesting.

Backtesting is to test the profitability of a strategy, the frequency of trade, period of trade, expected ROI, refining TP/SL, confidence of trade, experience of trade, shorten learning time on trade, expected and accepting trade loss.

Even after all of this
You would still trade like a c*nt.
it's on FT were you train discipline, you don't learn that in BT,
You also train patience on FT, and increase trade confidence.

I can simulate 3 years worth of data on BT in a week,
If you do that in FT, you won't even do 3 months on FT before throwing away the strategy.

Anyways, do what works best for you.

Regards.

Backtesting only shows if a strategy has potential for profitability or not.
Whether you as the trader can harness that profit will be determined when your emotion reacts with live market.

I am not saying backtesting is unimportant. I am saying the real work starts in forward testing, journaling and review.

wuyexzy01:

Boss is your S.L tight. I just added to my position. Very RISKY though cos of news at the corner.

There is no such thing as that. Each trade should be based on your rules.
Which should be a logical place/structure.
If your system gives you a trade with 5pips SL, don't change that to 20pips just because you feel it is tight. And vice versa.

kozmicity:
Nearly missed this. I just spotted it this morning and I got in. Thankfully price hasn't moved far away from my optimal entry area.

Koz,
why do you use the rsi on your chart?

kozmicity:



Funny enough, after backtesting for about two weeks I realized that your strategy only fully forms when forward testing. I've told my friends that you don't need to create a strategy before you start trading. Instead choose one out of the myriad of strategies out there, trade demo with it, notice it's limitations, tweak it (with respect to risk to reward ratio, frequency of trades, number of pairs, timeframe.e.t.c...) until it becomes what you want, repeat over and over again.


But then again😁 they haven't said it but I know they're waiting for me o become profitable first then I show them the way. 🤣 Honestly I can't blame them, but I've also told them that when I start making money from forex, I no go teach anything again.

It's only fair💯

You don't even need to, they can't catch up with you.
Even if you teach them, they will still need to go through the go-through by themselves.

Englishisamust:

Defending winger!!!

🤣😂

Englishisamust:


Person wey won leave man u!!!

No elite coach will agree to work with such personnel unless a desperate one.

Englishisamust:


Yeah you are right, not arguing about that.
But if you watch Sancho pattern of play with antony. You will know the one that can become a beast if he can put 100% work rate!!!... As in antony is too limited he can use that is right leg, one way player.... Sancho can play free role with is pattern of play, dem no born antony well!!!

Antony is forcing it shows you someone that is limited but trying to make it work.
Sancho has the gift but has given up putting in the work.
This is the reason I like Messi, irrespective of the gift he is putting in the work.

Gift without putting in the work is useless.

afrodoc2:


They are both bad I agree but if you check their stats you might be surprised. Plus there is no evidence in heaven or on earth that Poco Lee can be a prolific goal scorer or creator.

Only one edge Antony has over Sancho; he can defend to save his life.
Sancho can't defend

TradingGod:


1% per month means you have to spend 15 months in evaluation stage before you get fully funded

🤣😂

Emmizay12:


Your problem is fear of losing,
Your journey to profitability is still far, no offense

You have to graduate from being afraid of losses to being angry with losses, to being mentally defeated by losses, you will surrender to losses and then finally you will learn that losses is the key to profitability.

How do I know ? Because the only 100% gaurantee I can give you in this business is that you will lose

All of this comes with absolute dedication and passion to learning forex

This is less talked about in trading. You always hear you need to backtest your strategy for x amount of time, but no matter how long you backtest and collect stats, you will still trade like a c*nt when you forward test.

Your real edge is developed during forward testing.
Journal, review and try not to repeat each mistake.
There is nothing wrong with you in this phase.

And please don't strategy hop in this stage, if not you will continue in this endless loop.

nzechu:
its just forgetfulness sir. U know I would HV been thanking my God if d trade didn't play. It is wat it is sha. We making progress though, even though little by little

If you are marking up charts and not executing, you are moving backwards.
Wins and loses are randomly distributed, which means if the ones you don't execute ends up being your profitable setups, chances are the ones you execute will be the losing trades.

Taking only losing trades will affect your confidence, which means you will not take subsequent trade that will end up being a winner...it's an endless loop.

Instead, reduce your risk and execute all your A+ setups.

.

chrisley024:
which yeye shots on target. The team has played better and created clear cut chances, ofcourse compared to our previous performances

Yea, they've been decent. But conversion is the problem.

nitrogen:


Are you serious right now? Nawa o.

300%

nitrogen:
Not looking like we will score a goal in this game. God abeg o!

Tell Garnacho that one.

I still prefer Rashford's stupidity to Garnacho's best form.

kozmicity:


We actually did. I was surprised and hoping that they could do it for 60 minutes at least. When I saw that after the red card they equalized before halftime... I just stopped watching.

Maybe there is hope

Eph12,
I heard we played good football before the red card, how true?

cc; kozmicity

Expert17:


We didn't even create any goal scoring chance. Lmao

That's serious

eph12,
Rashford and Bruno were benched yesterday.

I didn't watch the match though, how was our performance?

eph12:

I agree with you. I'll take a very clear and positive style of play over anything we achieved or think we achieved last season. ETH has his chance to build a team for the future and he is making a mess of it. There was no pressure to win any trophy last season, and even this season

Tag odizeey and 1001 other fans we don't know of, including the owners. 🏃‍♂️🏃‍♂️🏃‍♂️
when Ralf said new players needed, he was sacked!

So I believe there is pressure somewhere.

eph12:

It went as expected. Nothing shocked me. I used to be very critical of some of the players but the person in charge of player selection, tactics, game play, substitution etc is the manager. As far as I'm concerned he's not doing enough and we will continue to struggle for a while.

I'm more concerned about how we play against average or below average teams for now. Until we're able to play convincingly better against those ones before we can talk about Man City

Good stuff.

eph12, what's your review of 1st half?

- I was impressed ETH was able to tie Pep down.
We didn't play much but the boys were in the game...the problem started with the unlucky penalty plus Amrabat's yellow card.
That was the end of the game.

I for ask you too TrebleChamp but you take Ronaldo matter to serious this days, lol
Relax and enjoy the game bro.
Most of us are like ETH in real life. Clueless on how to improve where we are struggling.