Donsheddy:
Some guys here post trades only when they close the trade...
They wont post immediately they take the trade. ...
They only post cropped profit.....
It won't help. Aspiring traders...
And that's not the aim of this thread...


Im MRSHEDDY . I LOVE VAWULENCE...

We have seen it here countless times, i dont know why people keep deceiving themselves. They do not post their analysis or alert but only when the trade favor them. If e no favor them, person no go hear pim from them. That is why on this thread, i only take people who post their analysis or trade calls beforehand serious. We are all here to learn even if your analysis goes against you.

Would this month's NFP numbers translate to the Euro being more expensive than the USD or will the USD become cheaper in the weeks to come...only time will tell...

Meanwhile, in a few hours or even better, in the new week...

EURUSD {M1} BUY LIMIT
En: 1.0865
SL: 1.0860
Tp: 1.0932

...may the blue pips continually be with us. Do have a lovely weekend traders...🥂

$ETHUSDT SHORT

XAUTrader4L2:



We have seen it here countless times, i dont know why people keep deceiving themselves. They do not post their analysis or alert but only when the trade favor them. If e no favor them, person no go hear pim from them. That is why on this thread, i only take people who post their analysis or trade calls beforehand serious. We are all here to learn even if your analysis goes against you.

Very obnoxious lots.

kozmicity:

Good evening boss,
I was looking for a way to reach out to you privately. The break of structure and chance of character strategy you use. I wanna learn from you boss.

Good evening sir, how are you doing? I'm just seeing this now. I'm in no way a boss, and the blind can't lead the blind. But what I can do is direct you to where I learnt and maybe you can pick up pointers from there.

Check zm capitals on Instagram and go through his posts, you'd start to find a pattern for entries both aggressive and confirmation types. He also has a YouTube channel with the same name, so you could also chech that out.

I am in no way a boss, we are all learning. Do have a great night sir, thank you

Thanks a whole lot. Checked him out today. He literally helped me understand the missing piece. Thanks once again.

Na person wey never get pass 10 pips u dey follow tell make he post chart, Abi make he post M1 chart

please o someone should enlighten me
XAUUSD has not moved the whole of today,, I planned shorting during nfp

Dathypebruv:
Na person wey never get pass 10 pips u dey follow tell make he post chart, Abi make he post M1 chart

Comrade please 😭😭😭

Dathypebruv:
Na person wey never get pass 10 pips u dey follow tell make he post chart, Abi make he post M1 chart

Lol reduce the mic😂

Emmizay12:
please o someone should enlighten me

XAUUSD has not moved the whole of today,,
I planned shorting during nfp

Today na Holiday...
Dem say make you rest small...
You don too make money

Day 3 : Growing a cent account

14% In profit
11 Total Trade
10 Successful Trade
1 Unsuccessful Trade

frostguy:



i have a real trading history more than 6 months lets hook up .kindly Send me your email address so we talk. Thanks

okay, can you share myfxbook, and we go on from there

QQS rating of traders
QUALITY OF TRADES PLACED

QUANTITY OF TRADES PLACED

STABILITY (CONSISTENCY) OF TRADES PLACED

karkinase:
this boy @humble trader no wan learn.. win rate is nevr important .. what matters is your risk to reward.

Both are important . Because a 30% win rate with a 1:5 risk to reward ratio simply takes you nowhere.

30% win rate: You lose 7 of every 10 trades and win 3 keeping a 5RR. That’s 15% up
Losing 7 trades - 7% negative.
Month end , net profit is 8%.

This is holding constant, the fact that the 7 losses do not affect psychology because the sequence in which the 7 losers will come can be random. What if it’s in 7 straight losing trades ? A streak ?
It automatically takes away the confidence to even execute the other 3 winning trades and that’s bad too.

Summary: Both of them play important roles.

This a twitter space recording held on 7th of April ,
The guest Is @segbuyotaejiro,

A hedge fund manager from Delta state handling millions of dollars and bringing in millions of dollars as profits,

Not only that he teaches us Forex business


Believe me your mind is gonna blow


Remove space in .com

https://twitter.co m/i/spaces/1dRKZMeXNVbxB

I make the most profits when I trade against his opinion too

kendoschurrle:


congrats

once that person quote am disagree i know say na sure trade

Lillyagu90:
I make the most profits when I trade against his opinion too

That’s still on you …..

Tiwasvibe:


Both are important . Because a 30% win rate with a 1:5 risk to reward ratio simply takes you nowhere.

30% win rate: You lose 7 of every 10 trades and win 3 keeping a 5RR. That’s 15% up
Losing 7 trades - 7% negative.
Month end , net profit is 8%.

This is holding constant, the fact that the 7 losses do not affect psychology because the sequence in which the 7 losers will come can be random. What if it’s in 7 straight losing trades ? A streak ?
It automatically takes away the confidence to even execute the other 3 winning trades and that’s bad too.

Summary: Both of them play important roles.

Bro, let me help us see this 30% win rate with risk to reward of 1:5

Let's assume I risk $100 per trade

Out of 10 trades, let's assume he lost seven (7) times

That will be 7 * $100 = $700 loss

For the win, he makes FIVE (5) times what he risks per trade, meaning whenever he wins, he will get $500

so when he wins 3 out of 10 times, he will have 3 * $500 = $1,500 profit

Let's subtract the loss of $700 from his profit of $1,500

The trader will still have $800 profit!!!

This is the power of drilling down into the micro-structure before executing your trades.

The stop loss will b by far smaller but the rewards will be very great whenever the trade works.

I think the greater challenge is whether the trader has the discipline to hold the trade until it hits the 5R target.

Many guys are making huge killings in this market by doing this simple thing.

EASYLIFE4US:

My fellow trader, what he did with the stop loss is what is called,"break even". One can break even with just enough pips to cover commission and swaps if he hold the trade beyond at least a day. Please google the term, "break even" and you'll get better explanation than what I've given here my dear friend, shalom.

More like Trailing Stop.

Lillyagu90:
I make the most profits when I trade against his opinion too

I hope you traded again the GBPUSD call too?

Murenren like you!

Dathypebruv:
What Donsheddy did/used was a trailing stoploss or modified stoploss which is used to secure a trade already in profits

it is quite different from the traditional stoploss

you cant be right and everyone else wrong


Cc.


@Humbletrader

Correct, just saw this.

meshpips:


Bro, let me help us see this 30% win rate with risk to reward of 1:5

Let's assume I risk $100 per trade

Out of 10 trades, let's assume he lost seven (7) times

That will be 7 * $100 = $700 loss

For the win, he makes FIVE (5) times what he risks per trade, meaning whenever he wins, he will get $500

so when he wins 3 out of 10 times, he will have 3 * $500 = $1,500 profit

Let's subtract the loss of $700 from his profit of $1,500

The trader will still have $800 profit!!!

This is the power of drilling down into the micro-structure before executing your trades.

The stop loss will b by far smaller but the rewards will be very great whenever the trade works.

I think the greater challenge is whether the trader has the discipline to hold the trade until it hits the 5R target.

Many guys are making huge killings in this market by doing this simple thing.

But this analysis just lacks nuance. These losses do something to one’s psychology. What’s the probability that he would be able to look at the trades objectively having been on a losing streak? If psychology is battered, the chances he would revenge-trade also increase, chances he might not hold for TP also increases, especially when one of the three trades probably ends up in break-even.

Bottom line is, 30% is poor, it would mess up a Traders psyche

Tiwasvibe:



But this analysis just lacks nuance. These losses do something to one’s psychology. What’s the probability that he would be able to look at the trades objectively having been on a losing streak? If psychology is battered, the chances he would revenge-trade also increase, chances he might not hold for TP also increases, especially when one of the three trades probably ends up in break-even.

Bottom line is, 30% is poor, it would mess up a Traders psyche

Traders are just stubborn.

You openly displayed your deficiency in maths and stats.

I have tried to correct you with love and care yet you open your "olodo" mouth and still come back to me to say "yen-yen-yen"

What level of arrogance is this with traders? It is already established that the trader has a win rate of 3 out of 10 trades. Now you are bringing up excuses to say "what if"

See, you had better keep your ego in one corner, open your ears wide and listen up when you are being corrected.

I have zero tolerance for arrogance IF you are ignorant. If you know say you wan follow me argue or drag anything, better be sure that you know exactly what you are talking about.

Instead of you to humbly come here and say "thanks" you still dey follow me argue. What insolence!!!

Even a 20% win rate and a 1:5 risk to reward will still keep you profitable. If your computational ability is lacking, do not come drag crap with me.

Please let's embrace humility as traders. I will chastise you if you want to prove stubborn and when I do it to you, I ain't gonna be nice and gentle. The markets taught me in the most brutal of ways. Na so gan-gan I go use take correct you.

How person wey nor fit do small mathematical computation still dey do dry yanga?

Nansense!


NOTE: It is Saturday. Na so so trouble I dey find online as my getaway from the charts.

Be good guys!

Tiwasvibe:



But this analysis just lacks nuance. These losses do something to one’s psychology. What’s the probability that he would be able to look at the trades objectively having been on a losing streak? If psychology is battered,

1. the chances he would revenge-trade also increase, chances he might not hold for TP also increases,

2. especially when one of the three trades probably ends up in break-even.

Bottom line is, 30% is poor, it would mess up a Traders psyche

You're using the "what if" to suit your argument, since you're using "what if" it'll be fair to level the playground.......

1. In a losing streak, Out of the 7 losing trades, chances of him not waiting for the trade to hit stop loss also increases, he might just decide to close at 1:2 or 1:1........or he might even break even.....

2. see how you decided to add the break even to the winning trade, are you trying to tell me that there'll be no break even out of the 7 other trades, because you clearly didn't add it, you only added the Break even to 3 potential winning trade to further suit your narrative.



what if---out of the seven trade, all don't end in losses, if you target 1:5, and your trade is running at 1:3, you didn't break even, then the trade comes back to take you out at a loss, will you blame your RR or yourself for refusing to break even

This 1:5 RR we're using is just an example, don't forget that there are traders out there who even target between 1:10 to 1:20 or probably more......even 2 wins and one break even won't even make them less profitable.

Please answer this question honestly

* between being a trader who has a 50 %win rate on a 1:1 and a trader who has 30% win rate on a 1:5, which are you likely to choose?

Volatility 75 (demo)

A spike upward in eurusd closing price might suggest a possible gap at market open

meshpips:


Bro, let me help us see this 30% win rate with risk to reward of 1:5

Let's assume I risk $100 per trade

Out of 10 trades, let's assume he lost seven (7) times

That will be 7 * $100 = $700 loss

For the win, he makes FIVE (5) times what he risks per trade, meaning whenever he wins, he will get $500

so when he wins 3 out of 10 times, he will have 3 * $500 = $1,500 profit

Let's subtract the loss of $700 from his profit of $1,500

The trader will still have $800 profit!!!

This is the power of drilling down into the micro-structure before executing your trades.

The stop loss will b by far smaller but the rewards will be very great whenever the trade works.

I think the greater challenge is whether the trader has the discipline to hold the trade until it hits the 5R target.

Many guys are making huge killings in this market by doing this simple thing.

Your strategy doesn’t even need to be compleX. This is a foundation of my trading strategy… but my confluences are different I talked about this in my free courses,

Click on the link in bio to access it …

Tiwasvibe:



But this analysis just lacks nuance. These losses do something to one’s psychology. What’s the probability that he would be able to look at the trades objectively having been on a losing streak? If psychology is battered, the chances he would revenge-trade also increase, chances he might not hold for TP also increases, especially when one of the three trades probably ends up in break-even.

Bottom line is, 30% is poor, it would mess up a Traders psyche

Funny enough it isn’t, in this craft you have to be intentional. Why do you see it as a normal thing to slack, because such behaviors ain’t a characteristic of a pro trader … day there they give your mind the believe that that’s space for it to break your rules and that’s spells doom to any strategy regardless of its RRR peace and light 💡 ✌️

Good morning fam

If the confidence you've got in trading is based on one sure and very consistent signal provider, you will loose whatever you've made with them for months in just one day of their failure..

Why?

Overconfidence. It will push you into a terrible risk management.

Risk Management is the Holy Grail.

Good day

To each, his own.

I just checked you out to see your history and for you to go so low as to respond to a message that did not mention you or put you in quote tells a lot about the kind of individual you are.
Little wonder you seem to be going from pillar to post with your losing opinions for so many years now and not seem to be making profits in this forex thing. So long master vape.

meshpips:


I hope you traded again the GBPUSD call too?

Murenren like you!

Tiwasvibe:



But this analysis just lacks nuance. These losses do something to one’s psychology. What’s the probability that he would be able to look at the trades objectively having been on a losing streak? If psychology is battered, the chances he would revenge-trade also increase, chances he might not hold for TP also increases, especially when one of the three trades probably ends up in break-even.

Bottom line is, 30% is poor, it would mess up a Traders psyche

If the trader cannot properly pinpoint or identify the reason for the loosing streak, I suggest that he/she should take a break and read more books.