2pep:
Since the beginning of this month I've been trading myself not the market (I admit that ) and I've found myself struggling in deep drawdown. But I'm not giving up yet.

Fxwarrior:
Gold Alert

Buy gold at 1977
Stoploss 1967

Target 2007

Fxwarrior:


Execute

kozmicity:


Supremefx I really don't know about darwinex or if the profit split is around that 15%. It's miles above what I can afford so I don't even look that way.


GA buy limit.

Geovanni412:


Do you have a fixed weekly and monthly drawdown limit for your personal acct?

Try setting that for a personal acct...and record your stats each week

If you hit the limit, take a break of like 3 days


Also, follow what @Gabsonfx2 said, sometimes, it is better to have wide stop loss and allow the market run in your favour.

@fxwarrior also made a good post that it is better to focus on one direction.

The most dangerous thing is to be shorting in a range bound market or a market that will soon enter into a range. ... unless you are a scalper, stop taking shorts every time you see reversal signals on 1h chart and even on 4h chart if market has not broken key areas.

If market does not look like Nzdchf chart om 4h from 11/10/2023 till 20/10/2023, focus on buying below base or taking shorts after a key level is swept off.

I believe that if I have lost 500 trades, at least 300 have come from the errors I pointed out above.

realone12:
the way I quickly Rush to announce my success, let me use the same energy to announce my failure.

you can be the most talented trader on earth, but if you are greedy and not discipline, you are as good as a newbie. a Man who cannot say something and stick to his word is not ready to face life.

ladies and gentlemen, meet Realone, the most greedy and indisciplined trader in history of forex trading.. I resolved not to trade again after hitting 65%, but on waking up todays, I opened my chat and saw an almost perfect set up. I quickly made a calculation in my head that even do I lose 4% today I will still end up winning a cash price and a challenge account. that why not take the risk.. I ended up risking 4% of 165000 which is 6600. I thought even if I lose the trade I will end up at around 161k which is still a good position. but what o failed to understand is the DD calculation is based on the initial balance of the 100k, so the 65k profit I earned doesn't account.. that's how I ended up 6600 thinking it's 4% not knowing that everything is being calculated in respect to the initial balance, so that makes the 6600 risked above the 5000 daily DD.. after some few hours I placed the trade, decided to check the trade and I found out that I have breached the daily DD.. just like that.. all the hope all the dream everything was gone. I can only blame myself.. I doubt if I will ever be able to attain this fit coz this trauma Will remain on me for a very long time..

brothers, I present myself for your brutal insults and scolding.. I am my own biggest obstacles

peteregwu:
On AUDCAD, I have anticipation on a drop from 0.87423 down to 0.85268. The chart is a bit rough for me and I see this as a risky trade. 😁

Fxwarrior:
Gold Alert

Buy gold at 1977
Stoploss 1967

Target 2007

realone12:
the way I quickly Rush to announce my success, let me use the same energy to announce my failure.

you can be the most talented trader on earth, but if you are greedy and not discipline, you are as good as a newbie. a Man who cannot say something and stick to his word is not ready to face life.

ladies and gentlemen, meet Realone, the most greedy and indisciplined trader in history of forex trading.. I resolved not to trade again after hitting 65%, but on waking up todays, I opened my chat and saw an almost perfect set up. I quickly made a calculation in my head that even do I lose 4% today I will still end up winning a cash price and a challenge account. that why not take the risk.. I ended up risking 4% of 165000 which is 6600. I thought even if I lose the trade I will end up at around 161k which is still a good position. but what o failed to understand is the DD calculation is based on the initial balance of the 100k, so the 65k profit I earned doesn't account.. that's how I ended up 6600 thinking it's 4% not knowing that everything is being calculated in respect to the initial balance, so that makes the 6600 risked above the 5000 daily DD.. after some few hours I placed the trade, decided to check the trade and I found out that I have breached the daily DD.. just like that.. all the hope all the dream everything was gone. I can only blame myself.. I doubt if I will ever be able to attain this fit coz this trauma Will remain on me for a very long time..

brothers, I present myself for your brutal insults and scolding.. I am my own biggest obstacles

LincolnOnyeabor:


Gold way dey sell.


Me don close my buys ooo, Presently on sell. TP at 1960.

peteregwu:
On GBPUSD, here is what I am still anticipating, a move towards 1.2500 #gbpusd

LincolnOnyeabor:


Gold way dey sell.


Me don close my buys ooo, Presently on sell. TP at 1960.

Petah:
@samfelly and bosses in the house, good morning. I noticed my darwinex account wasn't updating on the competition list, so I checked it on the FXblue. And this is what it is showing me. I have tried re-entering the investor's password over and over again but the attempt keeps failing. What do I do ooo

LincolnOnyeabor:


TP hit.


One has to learn to be very fluid and flexibke in this Space.

I was Bullish on EU and Gold earlier today but aftery EU trade hit SL, I had to take a step back and look at things wholly again.

We keep learning anyways.

Still very much a newbie sirs.

samfelly:


Sorry, send me the login details (Investor's)

Rickk:
Hello everyone.

I'm new here, but I've been going through the threads for a while now.

I noticed people mentioning free challenges to get a funded account or to get some amount of money to start trading if you're among the top traders.

Please I'll like to get details on how to join in on the challenges.

Thanks.

Petah:
sent sir. Thanks.

You only sent the password, no account number, sir