CopyJoe:


Check the data. You can make some deductions without being wrong.

Compare it with the number of days the competition has been live.

What data's did you put into consideration before making such claims....
Is it the profit made so far, or the lot size use in trading or the draw downs

Aluspecialty:
I will say it is not enough to say people are gambling, gurus in this business can take 4 solid trades and still fail them all, you won't say they gambled right? especially when you are aware of their capacity.

Don't assume, let's all focus on the task not trying to fish what others may be doing, it could be their innocent way of trading not gambling,,,,,in essence, don't rubbish someone else's game or downplay them.

Okay boss.

Aluspecialty:
Was just curious as to how would one know without actually being there with the person taking the trading, i think you guessed.

The contest is a learning curve for some of us. Not just about the money. This is my first time using 1:25 and my first time using H1.

CopyJoe:
I can see some people are gambling in this competition/contest.

Now I see why most people fail in this business.

Some are just after the prize and nothing else.

Remember, it's about mastery and having to be financially free for life.

Selah.

You are right. But remain focus. Two things are at stake. The prize and the ultimate prize. Keep your responsible trading up.

@Aluspeciality
The DD justifies his assertion. Its day Two and with a leverage of 1:25, any one with DD more than 10% as at today is gambling. Thats taking high risk so as to top the table. And when they lose, they go down the ladder.
Those that truly trades do not experience margin call or high DD. Its very simple.
I have gambled in the past too but we need to work to let go of it and build gradually by trading instead of gambling.

infofirst:


You are right. But remain focus. Two things are at stake. The prize and the ultimate prize. Keep your responsible trading up.

@Aluspeciality
The DD justifies his assertion. Its day Two and with a leverage of 1:25, any one with DD more than 10% as at today is gambling. Thats taking high risk so as to top the table. And when they lose, they go down the ladder.
Those that truly trades do not experience margin call or high DD. Its very simple.
I have gambled in the past too but we need to work to let go of it and build gradually by trading instead of gambling.

Thank you, boss.

@Aluspeciality

That's what I was trying to say. No intention to rubbish someone else's effort. I wouldn't do that.

The bitter truth of the matter is that one needs to open some dangerous positions when opportunity presents itself for u to win this competition. Making 5% a day is either you r overtrading or using very big lot size

charly20:
My thoughts on EU for next week.

No trade if point of entry is broken

Well played

harizonal123:
The bitter truth of the matter is that one needs to open some dangerous positions when opportunity presents itself for u to win this competition. Making 5% a day is either you r overtrading or using very big lot size

I said this before during pipbasketing contest,
As far as it's a competition and highest equity takes the prize.. risk management is very difficult IF you want to win,

Fxwarrior:
Potential trade?

Sellstop @ 1740
Stoploss @ 1746
Target 1705

Stoploss adjusted to 1740

No risk trade. Let's see how it pans out.

Buy gold 1740
Target 1755

Donvic4u:


I said this before during pipbasketing contest,
As far as it's a competition and highest equity takes the prize.. risk management is very difficult IF you want to win,

harizonal123:
The bitter truth of the matter is that one needs to open some dangerous positions when opportunity presents itself for u to win this competition. Making 5% a day is either you r overtrading or using very big lot size

With due respect and as in most other contests, its true but if you have been following the trend in our own contest, it is not. I have not been over trading to be in the top since. 5% is just $50 which you can make trading 0.05 lot of gu at 100pips.

I have only been trading gu and egbp and no more than 0.05 lots.

Trade responsibly and you will make it. Study the performance and you will see it. I do not need to see what other contestants are trading for me to know their trading behavior. Just with the table, I can tell.
I might be wrong.

Aluspecialty:
Thanks for finally relying on @infofirst's analysis.

The truth is I knew what you were referring to but needed your analogy, I needed you to defend the assertion, but you couldn't. On the other hand, you don't see what they trade, the lot they use, the number of trades they have entered to have the DD, which made me believe that you only guessed.

For example, what if they used the appropriate lot size for excellent money management, but had lost 10trades in a row in the contest to have the DD we see, would we say that they have bad money management?

Finally, I know you for real brother, I know you very well, you do not have intention to rubbish anyone's effort, I only generalized and not directed to you; you have always been my personal person. Love you bro. Stay blessed.

Nice one. One love.

If you want to make it in this trading world in the long term. You have to be calm. Aggressive trading will only hurt you. This market does not care about you and your analysis especially when it's wrong analysis. You must be calm to truly understand how prices move. Be a friend to the chart. Learn to understand how prices move. Every movement of prices in all pairs are the same. You are never going to truly understand it if you are trading 25 pairs at once. I can boldly say without exaggeration that I can trade any pair now but I do not simply because of time. If I were to be a full time trader, I will.
Start with calm mind, take any USD pair, trade it successfully and after you are good at it, use same understanding to trade any of the other majors and If you so much love your outcome, trade minors and exotic and non currency pairs. The losses is what make most of us to doubt many things
I do not understand also why someone with account balance of $100 will be trading highly volatile pair like GBPAUD and the likes and you complained that the fx is not real. Or a beginner trading gbpnzd.

Above all sha, lets keep taking affirmative steps towards our forex and outside forex life ambition.

Done pontificating

All the best to us all.

infofirst:




With due respect and as in most other contests, its true but if you have been following the trend in our own contest, it is not. I have not been over trading to be in the top since. 5% is just $50 which you can make trading 0.05 lot of gu at 100pips.

I have only been trading gu and egbp and no more than 0.05 lots.

Trade responsibly and you will make it. Study the performance and you will see it. I do not need to see what other contestants are trading for me to know their trading behavior. Just with the table, I can tell.
I might be wrong.

That's why I said IF you want to win...

I know it's very possible

What is this obsession with WINNING?

I mean it doesn't automatically make you the best trader. The luckiest, yes but the best, probably not

Na only week 1 be dis, how long we last is what I'm interested in

charly20:
What is this obsession with WINNING?

I mean it doesn't automatically make you the best trader. The luckiest, yes but the best, probably not

Na only week 1 be dis, how long we last is what I'm interested in

That's d Koko.

But the enticement of winning is still there...

Donvic4u:



That's d Koko.

But the enticement of winning is still there...

I mean nobody likes being a loser but like I said one time if I end up being top 3, double celebration... Otherwise staying green in the contest till the end is my goal no matter the position.

I want to grow that's all!

Aluspecialty:
Thanks for finally relying on @infofirst's analysis.

The truth is I knew what you were referring to but needed your analogy, I needed you to defend the assertion, but you couldn't. On the other hand, you don't see what they trade, the lot they use, the number of trades they have entered to have the DD, which made me believe that you only guessed.

For example, what if they used the appropriate lot size for excellent money management, but had lost 10trades in a row in the contest to have the DD we see, would we say that they have bad money management?

Finally, I know you for real brother, I know you very well, you do not have intention to rubbish anyone's effort, I only generalized and not directed to you; you have always been my personal person. Love you bro. Stay blessed.

Thank you, boss.

Respect.

infofirst:




With due respect and as in most other contests, its true but if you have been following the trend in our own contest, it is not. I have not been over trading to be in the top since. 5% is just $50 which you can make trading 0.05 lot of gu at 100pips.

I have only been trading gu and egbp and no more than 0.05 lots.

Trade responsibly and you will make it. Study the performance and you will see it. I do not need to see what other contestants are trading for me to know their trading behavior. Just with the table, I can tell.
I might be wrong.

Yes.

The data says it all.

Somehow I'm hoping that news will favour XAUUSD fall.

I need at least 400 a pips this week.


A buy may give me 200 pips thereabout.
Key region to watch break of 1745 or break of 1730.

News favours gold fall.

Bulls are resisting.

Market is not favourable.

harizonal123:
Most difficult month so far this year

well done bro. how many percent do you risk per trade if I may ask?

good statements there. i am one of the best with my winning streak. no lost in my calendar and this statement portray my trading rules. check my trading history attached to this quote.

infofirst:
If you want to make it in this trading world in the long term. You have to be calm. Aggressive trading will only hurt you. This market does not care about you and your analysis especially when it's wrong analysis. You must be calm to truly understand how prices move. Be a friend to the chart. Learn to understand how prices move. Every movement of prices in all pairs are the same. You are never going to truly understand it if you are trading 25 pairs at once. I can boldly say without exaggeration that I can trade any pair now but I do not simply because of time. If I were to be a full time trader, I will.
Start with calm mind, take any USD pair, trade it successfully and after you are good at it, use same understanding to trade any of the other majors and If you so much love your outcome, trade minors and exotic and non currency pairs. The losses is what make most of us to doubt many things
I do not understand also why someone with account balance of $100 will be trading highly volatile pair like GBPAUD and the likes and you complained that the fx is not real. Or a beginner trading gbpnzd.

Above all sha, lets keep taking affirmative steps towards our forex and outside forex life ambition.

Done pontificating

All the best to us all.

Ok, I can post now.

Buy Gbpcad.

Buy Gbpjpy please trade this carefully it seems that jpy strength is too much

XAUUSD buystop @ 1745
Stoploss 1735

Target 1755 or 1770
Depending on risk appetite or market reaction.

Make Una rate my performance, na cent account o.

Fxwarrior:
XAUUSD buystop @ 1745
Stoploss 1735

Target 1755 or 1770
Depending on risk appetite or market reaction.

Remember.

Fxwarrior:
XAUUSD buystop @ 1745
Stoploss 1735

Target 1755 or 1770
Depending on risk appetite or market reaction.

Remember