ILovebigyansh:


I use a systemic style of risk management no emotions attached.

I lose, I move on.

And 3% isn't much, because its just $30. If my mental stop loss is 55 pips then 30÷550 to get my lot size.

but i take profit as the trades progress if you do the maths you'll realize that as you take profit your risk per trade reduces.

ILovebigyansh:


Wow, Thank you.

What can I say, the Nigerian in me is fighting so hard to say "my brother, na God o"

But hey, we learn everyday.

Over the years, I have learnt to keep trading as simple as possible.

I wouldn't say i have transformed but slowly improving.

I ran a quick look at my fellow traders in the contest & i realize so many people use a lot of their margin hence any major move against their position they can't withstand.

I feel we should all pay attention to both fundamentals + technicals so as to know when to enter or exit a trade.

I'm not perfect, I'm still learning too.

For the 20k.

I recommend you give 5k each to

1. @kaesyrn that guy does good analysis, although when he got Disqualified i went thru his profile and hoped he continued trading because thats how you Develop reslience whether in good or bad you just have to keep going.

2. @netvaluefx, at least he also has been consitent.

3. @satine I don't know her but since you started the contest in march, i see she's been doing a good Job.

You can send the last as 1k airtime to 5 people of your choosing.

Thank you @infofirst for doing a great job so far, more wins to you.

And to everyone out there grinding no worry everything go choke soon.

Great, if the system allows it and if possible, you could also set a maximum daily loss of 5%.

These 5% and 10%, will help to screen out those gambling with the contest. I've said this before, if you show me a 100% profit made in a month, I will run away from you, far away.

GabsonFX:
Good job boss infofirst, I was just about writing that you should make the DD 10%.......

GabsonFX:
Great, if the system allows it and if possible, you could also set a maximum daily loss of 5%.

These 5% and 10%, will help to screen out those gambling with the contest. I've said this before, if you show me a 100% profit made in a month, I will run away from you, far away.

GabsonFX:
Great, if the system allows it and if possible, you could also set a maximum daily loss of 5%.

These 5% and 10%, will help to screen out those gambling with the contest. I've said this before, if you show me a 100% profit made in a month, I will run away from you, far away.

infofirst:

I understand boss Mi. You did very good But sometimes there is always a benchmark I used to come up with my decision. There is always a next time.

GabsonFX:
Great, if the system allows it and if possible, you could also set a maximum daily loss of 5%.

These 5% and 10%, will help to screen out those gambling with the contest. I've said this before, if you show me a 100% profit made in a month, I will run away from you, far away.

infofirst:


The Sunday was a mistake and the rule also says organizer can choose to close the contest earlier boss mi

Donvic4u:


Pls Still kinda confused boss, risking 3% does it matter the dollar equivalent? Two losses that's 6% if I'm correct right?

U lose u move on, I'll practice to be like you

infofirst:
[b]What a contest this time? Obviously getting better. And I guess some body somewhere is challenged and learning and improving. There might be reward attached to it and that is to reward those getting it right and motivate those still struggling. Personally, I have been challenged and I have come to learn much more since the contest started. Kudos to every one participating or following.
At the end of the contest and after verification,
@Gasive 1st ------29.5% $75 ($75*#480)
@Qpetz 2nd ------21.396% $50 ($50*#480)
@Benqozenero ----21.382% $25 ($25*#480) Congratulations

The Most Valuable player and or trader goes to @Jbinary AKA @ilovebigyansh. Surprisingly, this boss stated sometimes that he is not in the contest for the money and I was wowed by his performance because I am clearly convinced by that statement with the results.. Excellent strategy + fantabulous risk management + Decent Psychology = Rewarding Performance. As a result, I will be giving him #20,000 for that and now he has a choice to either accept the reward or nominate four people here that he will want that I give #5k to each or he just let go of the price.

@jospidos was disqualified at the last minute simply because he failed to send in his login details, despite the warnings, despite the reminders and I personally sent him emails but still no response. I hope he is safe as well. Best wishes. The rules are as important as the results. The fact that most of us do not have rules or keep to our trading rules explains the reason for the struggle in trading and outside of trading.


Next contest link is out with updated rules, Kindly read first before joining the contest.

@ilovebigyansh.
I will appreciate if you can answer this even thou you have answered it in the past. In your six years of trading struggling and last two years been profitable, what did you learn along the way? what brought about the transformation in your trading results? What will be your advice for that you six years ago? What do you think is responsible for 90% of traders failure? What do you think that I need to be a profitable trader? I want to grow and be better than the type of trader you are today.

@aluspeciality, @itsprospero and now @jbinary have been exceptionally exceptional.

@satine@donsheddy@amolak @wavesandgold@youthatididnotmention

@charly20 and @copyjoe are worthy of mention too. They are struggling but highly sincere and determine. Do not relent boss mi. You will get it right eventually like @gabsonfx @shevychen2 @currentprice @natrutalk @redsox11 @meshpips and like me your fellow struggler too @infofirst.


2k Recharge card for @amolak @oobash@netvaluefx@itsprospero@haryodehji for making 5-9th spots.

Thank you all and let the weekend exchange of ideas begin.


Next contest link
https://www.fxblue.com/competitions/ViewCompetition.aspx?id=1316&rx=1620990740562

[/b]

ILovebigyansh:


Yes

3% to get at least 10%.

The drawdown limit was 15%.

Which means i have to lose 4 trades consecutively to fall below par.

But with that risk management i could lose 3 trades and win just 1 and still be profitable.

ekesoft:


Nice one boss ..

Personally have been having a massive growth in trading, since the beginning of this year . FTA 21 has been a massive success .. thanks a lot

infofirst:
[b]What a contest this time? Obviously getting better. And I guess some body somewhere is challenged and learning and improving. There might be reward attached to it and that is to reward those getting it right and motivate those still struggling. Personally, I have been challenged and I have come to learn much more since the contest started. Kudos to every one participating or following.
At the end of the contest and after verification,
@Gasive 1st ------29.5% $75 ($75*#480)
@Qpetz 2nd ------21.396% $50 ($50*#480)
@Benqozenero ----21.382% $25 ($25*#480) Congratulations

The Most Valuable player and or trader goes to @Jbinary AKA @ilovebigyansh. Surprisingly, this boss stated sometimes that he is not in the contest for the money and I was wowed by his performance because I am clearly convinced by that statement with the results.. Excellent strategy + fantabulous risk management + Decent Psychology = Rewarding Performance. As a result, I will be giving him #20,000 for that and now he has a choice to either accept the reward or nominate four people here that he will want that I give #5k to each or he just let go of the price.

@jospidos was disqualified at the last minute simply because he failed to send in his login details, despite the warnings, despite the reminders and I personally sent him emails but still no response. I hope he is safe as well. Best wishes. The rules are as important as the results. The fact that most of us do not have rules or keep to our trading rules explains the reason for the struggle in trading and outside of trading.


Next contest link is out with updated rules, Kindly read first before joining the contest.

@ilovebigyansh.
I will appreciate if you can answer this even thou you have answered it in the past. In your six years of trading struggling and last two years been profitable, what did you learn along the way? what brought about the transformation in your trading results? What will be your advice for that you six years ago? What do you think is responsible for 90% of traders failure? What do you think that I need to be a profitable trader? I want to grow and be better than the type of trader you are today.

@aluspeciality, @itsprospero and now @jbinary have been exceptionally exceptional.

@satine@donsheddy@amolak @wavesandgold@youthatididnotmention

@charly20 and @copyjoe are worthy of mention too. They are struggling but highly sincere and determine. Do not relent boss mi. You will get it right eventually like @gabsonfx @shevychen2 @currentprice @natrutalk @redsox11 @meshpips and like me your fellow struggler too @infofirst.


2k Recharge card for @amolak @oobash@netvaluefx@itsprospero@haryodehji for making 5-9th spots.

Thank you all and let the weekend exchange of ideas begin.


Next contest link
https://www.fxblue.com/competitions/ViewCompetition.aspx?id=1316&rx=1620990740562

[/b]

CopyJoe:
I like the part of the rules that says no use of pin to secure trades.

To everyone that didn't use pin in the last competition, I say a big thank you.

infofirst:
[b]What a contest this time? Obviously getting better. And I guess some body somewhere is challenged and learning and improving. There might be reward attached to it and that is to reward those getting it right and motivate those still struggling. Personally, I have been challenged and I have come to learn much more since the contest started. Kudos to every one participating or following.
At the end of the contest and after verification,
@Gasive 1st ------29.5% $75 ($75*#480)
@Qpetz 2nd ------21.396% $50 ($50*#480)
@Benqozenero ----21.382% $25 ($25*#480) Congratulations

The Most Valuable player and or trader goes to @Jbinary AKA @ilovebigyansh. Surprisingly, this boss stated sometimes that he is not in the contest for the money and I was wowed by his performance because I am clearly convinced by that statement with the results.. Excellent strategy + fantabulous risk management + Decent Psychology = Rewarding Performance. As a result, I will be giving him #20,000 for that and now he has a choice to either accept the reward or nominate four people here that he will want that I give #5k to each or he just let go of the price.

@jospidos was disqualified at the last minute simply because he failed to send in his login details, despite the warnings, despite the reminders and I personally sent him emails but still no response. I hope he is safe as well. Best wishes. The rules are as important as the results. The fact that most of us do not have rules or keep to our trading rules explains the reason for the struggle in trading and outside of trading.


Next contest link is out with updated rules, Kindly read first before joining the contest.

@ilovebigyansh.
I will appreciate if you can answer this even thou you have answered it in the past. In your six years of trading struggling and last two years been profitable, what did you learn along the way? what brought about the transformation in your trading results? What will be your advice for that you six years ago? What do you think is responsible for 90% of traders failure? What do you think that I need to be a profitable trader? I want to grow and be better than the type of trader you are today.

@aluspeciality, @itsprospero and now @jbinary have been exceptionally exceptional.

@satine@donsheddy@amolak @wavesandgold@youthatididnotmention

@charly20 and @copyjoe are worthy of mention too. They are struggling but highly sincere and determine. Do not relent boss mi. You will get it right eventually like @gabsonfx @shevychen2 @currentprice @natrutalk @redsox11 @meshpips and like me your fellow struggler too @infofirst.


2k Recharge card for @amolak @oobash@netvaluefx@itsprospero@haryodehji for making 5-9th spots.

Thank you all and let the weekend exchange of ideas begin.


Next contest link
https://www.fxblue.com/competitions/ViewCompetition.aspx?id=1316&rx=1620990740562

[/b]

cybertron88:

Great job. I took part in d last two but was too busy didn't take enough trade. Can I still use dat same demo ACC by resetting the octafx demo ACC to $1k balance or must I open a fresh acc?

obiskidguru:

Good day boss. Please are new members also eligible for the contest?

situations:
.. 5-10 persons can merge together and pool $1000 $500 least task yourselves make risk free money

cybertron88:

Great job. I took part in d last two but was too busy didn't take enough trade. Can I still use dat same demo ACC by resetting the octafx demo ACC to $1k balance or must I open a fresh acc?

infofirst:

Yes but ensure you start to b active nd follow the rules.

Incips:
Forex is a good option to make good money. We must know what is a forex and how to trade ?