dmahn:
STORY STORY O

I started my FX Live trading career on the 21st of june 2021 after one year of learning and just one month trading Demo. Profits were flowing in and it gave me the confidence that i have what it takes to suceed. I blew my first $200 live account in just 4 months. . Oh my broker(pepperstone) are after my stop losses , they always trade against me i claimed, Im done with them I said. So i switched to another reputable broker (octa fx), and to my surprise i blew up a $100 in just 10days . Omo all these brokers are the same o i said to myself, Im quitting fx.

I actually wanted to quit by my mind no gree comot , so i was still learning and doing demo, Fortunately for me i got another $150 logo job and i cashed out to fund my pepperstone account again. This is my last try i Said, If it didnt work now then im done patapata Glory be to God, the account lasted for about 4month and i was back to zero again. Finally I quit! Nothing works in Fx i said

Yeah I actually tot i quit, but my mind dey very stubborn, . So i resumed to trading demo after like 8 months of quitting . The quit don expire i think . So i opened a demo account of $200 as against the unrealistic $10000 i used to, accepted that its my fault and my losses has nothing to do with my broker. Learnt a breakout strategy and the $200 grew to $250. its the end of the year 2022. 2023 we go live again. May the lord be us

This is 2023, funded another $200. Jan was very tough. I went from profits to losses. one big win and then small losses will follow. The small small losses minus the wins accumulated to minus $30 on my account. The plan is to buy a prop account if the account gets to minus $50.

Summary Happy New Month and........................................................................... We go again

Geovanni412:


What matters is what works

It is frustrating to consistently get stop hunted

It kills people's confidence...better for them to switch to higher timeframes

And go down lower to smaller timeframes like 4h and 1h.

An example of how to approach swing trading:
- notice how long it took before the market went down by over 200 pips.
- having patience allowed the trader to avoid shorting into the pullback at the low.
- Even with a s/l of 1 ATR on daily chart, a trader with patience could make a full return on his amt invested after waiting 5 days to trade. If he waited till day 10, he made more than 2x his risk.

Animashaun2:


Bro, I am more impressed with all your inputs and revelations, here. There is really no better way to trade than to trade the higher timeframes. It's even now that I am seeing the beauty of it. It takes a lot of heavy patience to do htf and it is rewarding.

Animashaun2:


Bro, I am more impressed with all your inputs and revelations, here. There is really no better way to trade than to trade the higher timeframes. It's even now that I am seeing the beauty of it. It takes a lot of heavy patience to do htf and it is rewarding.

samfelly:


Boss, u go pay me for this font colour o

FxExpo:
Welcome back but have you taken time to note all the mistake you have that resulted in blowing of all those account? as for me all the account i ever blow i noted all of them.

Elliotwaveforec:

Lanshile, why the outburst?

dmahn:


Yes Chief

1. Met one guy named Kemzy Fx, He shows me screenshot of how much he makes daily, Unfortunately for me, the guy dey carry screenshot of another person demo account dey fool me. I was really fooled . He promises to be dropping 3 signals in a day and he will give me the signal for free for one week, if it works well, i ll pay him $100 for lifetime signal. His first 4 calls na SL na then body dey tell me say this guy na weere wey just blow account dey find who go give am $100 to enter market again. He gave me Nasdaq and gold signal, Me not knowing Mr Gold i went on to use 0.10 lot size on it. Once price is moving closer to his SL he will tell me to adjust the SL. My God ll not forgive Kemzy...The rest is an history o jare

2. Relying on Rsi overbought and oversold

3. Shifting Stop loss

4. Cutting short the good trades and allowing bad trades to do more

5. Fx is most dangerous endeavor on earth

Elliotwaveforec:
Sell EU 10922 SL 10932

Geovanni412:


Looks very good

I have the same direction in mind

Hopefully FOMC by 8pm doesn't affect your 10 pips stop loss

GRIMMJOE:
The stop loss is too tight.

Geovanni412:


That's his style

If it works... he'll get 10x his risk

GRIMMJOE:
FOMC stands for Federal Open Market Committee

Galleryeasy:
And I decided to challenge Fed tonight, opened 10 lots ,I have closed 2 and 8 still running till rollover.

EASYLIFE4US:
Finally cable delivers🧑‍🎄

PrinceofWallstr:
I sight you Kay, u still dey Durban?

Elliotwaveforec:
Sell EU 10922 SL 10932

karkinase:
Today we send all pairs back to where the fed met them.