EASYLIFE4US:

Nope trading only chart pattern is not an edge, it's part of an edge, abstract chart patterns, price and timing are components of a strategy with an edge, why is it that retail traders don't want to believe that the Forex market is heavily biased against us, if we can believe that and strategize accordingly, that mindset is an edge.

Ibrahimlagosian:
Lost both of my TFT and fundednext competition account today ,we go next month

TradingGod:


Your strategy is your edge, the plan or setup that gives you a higher win rate against the market is your edge

You will lose from time to time that is normal but because your strategy win rate is higher than it lose rate, the law of Average will play itself out by favouring you in the long run. This is why risking small portion is very important

PIPSMARSHALL:
The END
Phase 2. Max drawdown. Almost passed, Not happy but i'm back to the trenches. I wish but it is what it is.
I blame myself because I didn't follow my rules squarly, I also blame eight cap broker for their nonsense candles. It's no excuse but when a trade gets stopped and moves in ur direction in more than 10 trades, its the broker and not the trader. Who blames d broker more than the losing trader? Profitable traders who know that the brokers are after their earned dollars. Or na me no dey set stoploss right. Anyhow sha. Maybe I lack patience

I no sabi wetin dey rush me sha, I'm cool now tho.
I'm a RICH trader and not a broke trader anymore.
I have the skill, but it takes time to conquer greediness. Na my greed crash this challenge amd previous challenge.
I have conquered greed, just that I didn't obey my lotsize rules and positions on this one.

I lacked patience, maybe because I got frustrated by the broker but I suppose maintain my cool since I know the brokers are after my money. Soon, man will get these pay checks steadily.

Unto the next
As you were.

realone12:
finally lost my 25k account this morning too.. it was a very rough ride.but I'm glad because alot of lesson has been learnt...we move

peteregwu:


Thanks for all the forex courses.

Piro, can you be kind enof to forward them to me. I'll really appreciate

infofirst:
@realone12 @Pipsmarshal.

I loved the fact that you both accepted responsibility for the loss of the accts.
And that you do not lose to DD is indeed an improvement.
Kindly try and come back with a long term plan. No rush to pass acct in one day. No time limit accounts are supposed to be a blessing.
Every challenge account is now supposed to be treated as a funded acct that you only need to make 13% or 15% before you can get payout.

@kaybee @pristinee @mystiquefia
Treat your competition accts with all your heart.
The market is brutal. It does not care.

2% on a $10k monthly is roughly #180k in our nigeria of today.
Imagine 2% on a $100k.
Etc.
I know it is not easy but it will be harder if we keep breaking the rules.

Limit your currency pairs.
The stress of trading one pair alone is not easy much more many.
If you want to trade more, trade related pairs like usd pairs. Jpy pairs. Euro pairs. Etc. Less is a strength in this market.

Ibrahimlagosian:
Lost both of my TFT and fundednext competition account today ,we go next month

peteregwu:


Thanks for all the forex courses.

Ibrahimlagosian:
Lost both of my TFT and fundednext competition account today ,we go next month

Donsheddy:
This one everybody dey buy gu and sell usd🙆‍♂️🙆‍♂️🙆‍♂️...
Wetin Dem dey see wey i never see ...
Mk una pity me kwanu

GabsonFX2:
Gold update!

If you have followed how I have stayed aside on Gold for days/weeks now, and I mentioned that those good days will come.

The good days are now, started today. gold is now both out of range and increased volatility.......as of now, I'm on 90pips

Enjoy the gold ride.

zonall:


...it should be a short dip, just to fill imbalances. Except the structure in M5 changes, the bullish rally from 1924-1926 to 1954 is still valid. Afterwards, the H4 dip can begin to even 1774.

Good morning bro.

zonall:


1919 is before 1910, so yes, that is a possibility. 🥂

Jameselias:
Me, i know, i will make it, one day, but the patience to wait for those days is the problem,

The need to escape scorching poverty is the reason for the impatience

GabsonFX2:
Till it hits take profit, 600pips away (see chart) or I close manually when it has exhausted. This trade may last another 4 or 5days or more, depending on price action at every day candle close.

GabsonFX2:
Till it hits take profit, 600pips away (see chart) or I close manually when it has exhausted. This trade may last another 4 or 5days or more, depending on price action at every day candle close.

SL adjusted just a little bit, risk reduced.

infofirst:


Guess what the person that experience this is suffering from out of strategy? Risk? psychology?

richgen:


My friend long time.

Trading is very hard!

Please don't trade from the place of NEED!

It leads to a lot of irrational decisions trying to focus on money.

I'm learning to trade to get better and not after the money per se even
though I need the money.

Now this one thing I know is if I'm getting better and consistent with my trading
and I experience a drawdown temporarily, I'm confident I'll claw my
way back up.

My focus now is ME getting better with my trading craft and the rewards
will flow in steadily.

I empathize with everyone that lost their accounts. Do not give up!

Donsheddy:
This one everybody dey buy gu and sell usd🙆‍♂️🙆‍♂️🙆‍♂️...
Wetin Dem dey see wey i never see ...
Mk una pity me kwanu

GabsonFX2:
Till it hits take profit, 600pips away (see chart) or I close manually when it has exhausted. This trade may last another 4 or 5days or more, depending on price action at every day candle close.

SL adjusted just a little bit, risk reduced.

infofirst:
@realone12 @Pipsmarshal.

I loved the fact that you both accepted responsibility for the loss of the accts.
And that you do not lose to DD is indeed an improvement.
Kindly try and come back with a long term plan. No rush to pass acct in one day. No time limit accounts are supposed to be a blessing.
Every challenge account is now supposed to be treated as a funded acct that you only need to make 13% or 15% before you can get payout.

@kaybee @pristinee @mystiquefia
Treat your competition accts with all your heart.
The market is brutal. It does not care.

2% on a $10k monthly is roughly #180k in our nigeria of today.
Imagine 2% on a $100k.
Etc.
I know it is not easy it will be harder if we keep breaking the rules.

Limit your currency pairs.
The stress of trading one pair alone is not easy much more many.
If you want to trade more, trade related pairs like usd pairs. Jpy pairs. Euro pairs. Etc. Less is a strength in this market.

EASYLIFE4US:

Nawaoo, so how dem dey take, take out retail orders to fill in their large orders, wetin com full where high liquidity dem dey.

infofirst:
@realone12 @Pipsmarshal.

I loved the fact that you both accepted responsibility for the loss of the accts.
And that you do not lose to DD is indeed an improvement.
Kindly try and come back with a long term plan. No rush to pass acct in one day. No time limit accounts are supposed to be a blessing.
Every challenge account is now supposed to be treated as a funded acct that you only need to make 13% or 15% before you can get payout.

@kaybee @pristinee @mystiquefia
Treat your competition accts with all your heart.
The market is brutal. It does not care.

2% on a $10k monthly is roughly #180k in our nigeria of today.
Imagine 2% on a $100k.
Etc.
I know it is not easy but it will be harder if we keep breaking the rules.

Limit your currency pairs.
The stress of trading one pair alone is not easy much more many.
If you want to trade more, trade related pairs like usd pairs. Jpy pairs. Euro pairs. Etc. Less is a strength in this market.