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Forex Trade Alerts: Season 21 - Business (437) - Nairaland

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Re: Forex Trade Alerts: Season 21 by dennison4luv: 2:18pm On Dec 28, 2021
samfelly:
I wish to give up forex trading, but I do not really want to give up embarassed

Forex is so easy and yet so hard.

2022 don come and I no know if I go smile or still lament, like dis, in its end (by December)?

One thing is certain; if I will be lamenting (to everyone here) or if I will be smiling (to the banks), is in ma hands

#EnoughisEnough


Please how do i register account in MyFXbook?
Re: Forex Trade Alerts: Season 21 by Piptocoin: 2:20pm On Dec 28, 2021
Samfelly...the difference between quitters and winners is choice. You are making progress even if you think you aren't.

5 Likes 2 Shares

Re: Forex Trade Alerts: Season 21 by CopyJoe: 3:19pm On Dec 28, 2021
samfelly:
I wish to give up forex trading, but I do not really want to give up embarassed

Forex is so easy and yet so hard.

2022 don come and I no know if I go smile or still lament, like dis, in its end (by December)?

One thing is certain; if I will be lamenting (to everyone here) or if I will be smiling (to the banks), is in ma hands

#EnoughisEnough

We are in this together bro.

I almost blew my small accounts some weeks back. Withdrew the rest and went back to the drawing board.

I'll be going live again soon.

That's why forex is one of the hardest ways of making money.

It takes a lot of stuff to get to that level of consistency.

Never give up.

Don't be in a hurry to go back live.

Take your time.
Re: Forex Trade Alerts: Season 21 by femora007(m): 3:27pm On Dec 28, 2021
samfelly:
I wish to give up forex trading, but I do not really want to give up embarassed

Forex is so easy and yet so hard.

2022 don come and I no know if I go smile or still lament, like dis, in its end (by December)?

One thing is certain; if I will be lamenting (to everyone here) or if I will be smiling (to the banks), is in ma hands

#EnoughisEnough
At a point in time I almost did too. But I got the ginger to continue on this same thread through one of those competitions organized long ago. But today, my trading has really improved compare to what it was before, though I'm not there yet but I'm not where I used to be.
During the weekend when the market is quite, study your chart, the same TF you normally take trades from. Outline the mistakes made. Compare and contrast on the chart those set-up that meet your trading conditions that end in profit and those that end in loss, this will help to filter out some trades in the future

2 Likes 2 Shares

Re: Forex Trade Alerts: Season 21 by klinksd: 3:56pm On Dec 28, 2021
samfelly:
I wish to give up forex trading, but I do not really want to give up embarassed

Forex is so easy and yet so hard.

2022 don come and I no know if I go smile or still lament, like dis, in its end (by December)?

One thing is certain; if I will be lamenting (to everyone here) or if I will be smiling (to the banks), is in ma hands

#EnoughisEnough

...hang in there bro...there will be challenges, but, it is part of the process.

- Review the reasons why you took those trades.
- Continue managing risks optimally.
- Take only trades that have multiple confluences.
- Don't give up, you are almost there...don't believe me, believe us, we cannot all be saying the same thing and be wrong.

....cheers.

4 Likes 1 Share

Re: Forex Trade Alerts: Season 21 by charly20(m): 8:33pm On Dec 28, 2021
samfelly:
I wish to give up forex trading, but I do not really want to give up embarassed

Forex is so easy and yet so hard.

2022 don come and I no know if I go smile or still lament, like dis, in its end (by December)?

One thing is certain; if I will be lamenting (to everyone here) or if I will be smiling (to the banks), is in ma hands

#EnoughisEnough


Lol, Mr. Sam.
I think this is part of it. If no trader experiences this part of the journey, I think he needs to "hundredth check" (I know the expression doesn't exist but you get the point grin) what he's actually doing.

Who ever said the journey was a smooth one anyway? grin
To agree to do this, I believe every trader must have signed that he's sacrificing his emotional wellbeing for the blue pips.

I'll see you around next year, Mr. Sam cheesy
Happy holidays!

3 Likes

Re: Forex Trade Alerts: Season 21 by Jameselias: 10:05pm On Dec 28, 2021
So l can never trade forex in my life

Re: Forex Trade Alerts: Season 21 by Gasive: 10:10pm On Dec 28, 2021
Jameselias:
So l can never trade forex in my life

Uninstall the mt4 and download again.
Happy pipping. kiss
Re: Forex Trade Alerts: Season 21 by haryodehjia(m): 10:17pm On Dec 28, 2021
Jameselias:


What other thing did you press to place this order mt4 tells me error
Sorry about that boss.. why not try mt5 ? I don't like Mt4
Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 10:39pm On Dec 28, 2021
Jameselias:
So l can never trade forex in my life

Na people around you go show you way,
This thing isn't that difficult

You might even be trading a pair not supported by you broker,
Maybe you should be trading with the onew with suffix
Re: Forex Trade Alerts: Season 21 by abham: 1:46am On Dec 29, 2021
Contact your broker via live chat
Jameselias:
So l can never trade forex in my life
Re: Forex Trade Alerts: Season 21 by Piptocoin: 3:30am On Dec 29, 2021
Jameselias:
So l can never trade forex in my life

have you tried uninstalling and re-installing?
Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 4:15am On Dec 29, 2021
Forex trading comes with lots of sacrifices,
I have been up all night for most nights,
Looking for setups and always validating my entries,
The result looks beautiful, but omo the process is not for the weak.

Always backtest your strategy over and over again, till it becomes your second nature.
Don't concentrate on winning trades during test instead work more on minimising drawdowns because there will be DDs.


And again, backtest your strategy till it drills into your psychology, make the market no go surprise you and humble you.

Remember, the goal is always to keep what you make.

Happy piping, i still dey the market so cheesy

5 Likes 1 Share

Re: Forex Trade Alerts: Season 21 by obajoey(m): 6:22am On Dec 29, 2021
haryodehjia:
Gold is doing the needful and I'm caught out here with losses.. After today's close I'm going to close all my positions

Ftmo trial challenge(10k)

I think passing this challenge has to do more with risk exposure..

Opening multiple positions at a time is something that will not go well with prop firm trading when market move against those positions cos daily drawdown would be hit easily.

This is something I am trying to improve upon too.
It has always been the issue with me.
Re: Forex Trade Alerts: Season 21 by OriginalSatine: 6:28am On Dec 29, 2021
JAkpayen:


Sometimes, you won't know how close you are to success, especially when you work very hard, see no result and think to give up at last

This picture mostly reminds me NOT TO GIVE UP if I really have passion on the thing I am doing right now. Just believe in yourself. If you want it bad enough you will push through and come out the other side a better person as long as you don’t give up.

While this is so encouraging, it has led alot to being suicidal. Unfortunately.
Re: Forex Trade Alerts: Season 21 by Riverrun: 6:35am On Dec 29, 2021
samfelly:
I wish to give up forex trading, but I do not really want to give up embarassed

Forex is so easy and yet so hard.

2022 don come and I no know if I go smile or still lament, like dis, in its end (by December)?

One thing is certain; if I will be lamenting (to everyone here) or if I will be smiling (to the banks), is in ma hands

#EnoughisEnough

But Sammy what happened? Did you actually change your several months winning trading plan or you were looking for Christmas money?
Re: Forex Trade Alerts: Season 21 by samfelly: 7:53am On Dec 29, 2021
MONEY247:
Lol...
You are doing well...

Feshizzy:
Learn from your mistakes and move on

Donvic4u:
No better way to put it than this...

Samfelly learn and keep on learning

JAkpayen:
Sometimes, you won't know how close you are to success, especially when you work very hard, see no result and think to give up at last

. . .

dennison4luv:
My guy see quitters to don't win and winners don't quit. Just try and recall all your mistakes and try to work on dem. First is your risk management and your psychology.

. . .

Piptocoin:
Samfelly...the difference between quitters and winners is choice. You are making progress even if you think you aren't.

CopyJoe:
We are in this together bro.

I almost blew my small accounts some weeks back. Withdrew the rest and went back to the drawing board.

. . .

femora007:
At a point in time I almost did too. But I got the ginger to continue on this same thread through one of those competitions organized long ago. . . .

klinksd:
...hang in there bro...there will be challenges, but, it is part of the process.

. . .

charly20:
Lol, Mr. Sam.
I think this is part of it. If no trader experiences this part of the journey, I think he needs to "hundredth check" (I know the expression doesn't exist but you get the point grin) what he's actually doing.

. . .

Thank you, guys. I sincerely appreciate all the pointers and the heartfelt reassurances. I now know what I don't have to do.

#EnoughisEnough #Year2022MustCount

3 Likes

Re: Forex Trade Alerts: Season 21 by abham: 8:11am On Dec 29, 2021

https://www.youtube.com/watch?v=hIeUYjSXyjw

For those that wants to connect their mt4 to my_fxbook.
Re: Forex Trade Alerts: Season 21 by samfelly: 8:17am On Dec 29, 2021
Riverrun:

But Sammy what happened? Did you actually change your several months winning trading plan or you were looking for Christmas money?

There is no one winning trade plan that will go straightforward at all times because, the up and down of the market will see to that. I forgot to take that into consideration and was always taking my trades as a one-way street kind of thing. And I suffered it. Coupled with Money/Risk Management.
Re: Forex Trade Alerts: Season 21 by Piptocoin: 8:29am On Dec 29, 2021
OriginalSatine:


While this is so encouraging, it has led alot to being suicidal. Unfortunately.

very true. [url]confessionsofatrader.com[/url] tells the same story.

2 Likes

Re: Forex Trade Alerts: Season 21 by Englishisamust: 8:33am On Dec 29, 2021
samfelly:


There is no one winning trade plan that will go straightforward at all times because, the up and down of the market will see to that. I forgot to take that into consideration and was always taking my trades as a one-way street kind of thing. And I suffered it. Coupled with Money/Risk Management.

Please can I ask how many loosing streak you had before you arrive at -70%?
That means if you are risking 3 percent on every trade that means you will need to have 23 losses on a row before you end up at -70% which I think it is not possible. I think you are not taking risk management into consideration which I myself, I'm still working on. It easy to be greedy in this Forex market if you don't know how to control your emotions .
Nevertheless, never give up, endeveour to realize your mistake and correct it. We are all gonna make it in 2022.

2 Likes

Re: Forex Trade Alerts: Season 21 by Piptocoin: 8:40am On Dec 29, 2021
samfelly:


There is no one winning trade plan that will go straightforward at all times because, the up and down of the market will see to that. I forgot to take that into consideration and was always taking my trades as a one-way street kind of thing. And I suffered it. Coupled with Money/Risk Management.

I don't know about others but what you said here is one of the greatest psychological truisms as regards forex. The takeaway here is knowing that no strategy will always fetch the trader pips no matter how good it is therefore the trader has to be disciplined to take only trades that meet his/her criteria/conditions, refuse to take trades on impulse and resist the temptation of FOMO while sticking to sound money management.

3 Likes

Re: Forex Trade Alerts: Season 21 by haryodehjia(m): 8:48am On Dec 29, 2021
obajoey:


I think passing this challenge has to do more with risk exposure..

Opening multiple positions at a time is something that will not go well with prop firm trading when market move against those positions cos daily drawdown would be hit easily.

This is something I am trying to improve upon too.
It has always been the issue with me.
Hoping to improve as well
Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 8:49am On Dec 29, 2021
Riverrun:


But Sammy what happened? Did you actually change your several months winning trading plan or you were looking for Christmas money?

Hehehe grin grin grin
Finally, someone said it,
Re: Forex Trade Alerts: Season 21 by Englishisamust: 8:56am On Dec 29, 2021
Riverrun:


But Sammy what happened? Did you actually change your several months winning trading plan or you were looking for Christmas money?

Christmas money dey sweet Shaa.
Re: Forex Trade Alerts: Season 21 by Jameselias: 9:03am On Dec 29, 2021
Gasive:


Uninstall the mt4 and download again.
Happy pipping. kiss

I have done this several time still the same
Re: Forex Trade Alerts: Season 21 by Jameselias: 9:05am On Dec 29, 2021
Piptocoin:


have you tried uninstalling and re-installing?

Yes
Re: Forex Trade Alerts: Season 21 by Jameselias: 9:06am On Dec 29, 2021
haryodehjia:

Sorry about that boss.. why not try mt5 ? I don't like Mt4

May be I will try the Mt5
Re: Forex Trade Alerts: Season 21 by Jameselias: 9:12am On Dec 29, 2021
Feshizzy:


Na people around you go show you way,
This thing isn't that difficult

You might even be trading a pair not supported by you broker,
Maybe you should be trading with the onew with suffix

Finding people that trade forex offline is difficult

No I'm trading the normal major pairs

It won't allow me connect a broker after filling everything

And to avoid difficulty I decided to trade with mt4 demo
Re: Forex Trade Alerts: Season 21 by Jameselias: 9:18am On Dec 29, 2021
abham:
Contact your broker via live chat

It won't allow me connect a broker

So l decided to trade with the demo account they give
Re: Forex Trade Alerts: Season 21 by abham: 9:57am On Dec 29, 2021
Did you open the demo account directly on the my4 app or you opened it with a broker like exness, fbs or Octafx. These are the brokers I meant and you can contact their customer service on their website live chat.
Jameselias:


It won't allow me connect a broker

So l decided to trade with the demo account they give
Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 9:59am On Dec 29, 2021
A good way to end the year trade,
Una go say na sniper entry, but I'm just following my trading plan.
Hopefully the market no reverse

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