ernesco0816517:
This guys trading competition account,them dey use bot?? It's barely 3days, someone is already on 60% profit.omo man is tired 😩😩

dmahn:
And I failed to maintain good discipline again. I fulfilled the first promise to mysef by not opening Mt5 till last month ends. Yesterday I made a promise of keeping the trade till after NFP or CPI but I failed just because I saw +$17 and I'm afraid of returning that to the market that has already gave me almost -$100 .. I closed this manually this morning just because of a strong divergence on H1 RSI which might actually be significant or not....First time of leaving a trade for more than a week, the next one will be better ...

I will try again ...

Jameselias:
i have removed it already I'm done with it

samfelly:


Why do you want to run away from your fear 😀. Embrace it

Eagba:

Oga them

Emmizay12:


Sometimes we think we have done so much yet see no profits in our trading journey until we see the results of others and begin to wonder

Y'all underestimate the amount of passion, effort and energy needed to become profitable

You've given it your All,,, But sorry bro, your All is not yet good enough

LincolnOnyeabor:


This is just 2-sided.

Trading Competitions are just one kind.

Anybody that trades a real Account the way Competition accounts are traded will Crash ooo.

Hence this comment is demeaning.

Emmizay12:


Sometimes we think we have done so much yet see no profits in our trading journey until we see the results of others and begin to wonder

Y'all underestimate the amount of passion, effort and energy needed to become profitable

You've given it your All,,, But sorry bro, your All is not yet good enough

GabsonFX2:
US30 Last Friday's Analysis

I stayed on the side since Monday, but no clear swing entry was found, gold, silver, and US30. On the very last day of the week (Friday), I opened US30's weekly chart and found out I could apply my 2nd strategy which almost 90% of the time usually yields an accuracy (win rate) as high as 90% but wow US30 really really surprisingly closed as is on the weekly - very uncommon.

Uploaded is what I saw and could have yielded, if it did, then I might have seen thousands of pips.
My first strategy is a full swing trading which usually yields about a 70% win rate
My second is taking a pullback of a swing trading/trade swinging that is about 90% already completed with a win rate of about 90%.

Last Friday, I saw that US30 on the weekly was already zeroing out the first strategy that would have started on 24th of September, 6weeks after yielded about 1,700 pips. Last Friday, just one day, those 6weeks were almost zeroed out. Here is where my 2nd strategy would normally make good pips for me.

Surprisingly, the hard labour of a swing trader on the weekly who would have been on this swing for 6 weeks with already bagged 1,700 pips would have been zeroed out last Friday - almost impossible. US30 did it.

But anyways, it is what it is. I will take back that -ve in folds. I will return to the side, ONLY to execute my 1st strategy which would take another 3 to 4days to come up.

I checked gold and silver again, and hey, nothing is happening, no entry for another few more days.

I will not force any move, I will keep waiting until they come to me.

Gasive:


Quite insightful, thanks for sharing.
It can be very painful waiting for days to take a trade only to lose it, but I trust you to recover. It will just take some time.

I hope you won't mind to share with us how you know when to stay out of trading, cos the market ranges for sometime when you do?

VeeVeeMyLuv:

That's just the summary of Forex.

For example, on GBPUSD, the 6 daily candles preceding yesterday's (Friday) candle were nothing but sufferhead days. Those days are what brings depression. In such days, a trader begins to question his/her choice of career, question their abilities.

Ibrahimlagosian:
Took a trade on Tesla when i spotted an asymetrical triangle formed earlier.
Now,i'm waiting for a retest to add to my position.Currently running at 380+ pips

Davigle:
I was studying my previous week markups on gold and I really realize again the importance of the higher timeframes. I really should pay more attention to the higher timeframe...

#MMBM (market maker buy model)
CC: Samfelly

LincolnOnyeabor:
Abeg sirs, How does one take Partial Profits in Trading??

Is it by moving Stoploss or what Biko??

I researched but I need the answers of real traders abeg.


Thanks everyone including my able Lecturer Prof Geovanni

GabsonFX2:
Silver - 18 days on the side so far.

Nothing is happening on silver, I have waited since the 16th of October. I will keep waiting through the next week. Same as gold.

LincolnOnyeabor:
Abeg sirs, How does one take Partial Profits in Trading??

Is it by moving Stoploss or what Biko??

I researched but I need the answers of real traders abeg.


Thanks everyone including my able Lecturer Prof Geovanni

kozmicity:



By moving SL and closing some lot sizes. For example, you open a trade of 0.1 lot size, you can decide to close some percentage of it say 0.05 lot. This leaves you with a running position of 0.05. And profit of 0.05 taken.

smilinguy:
Something to think about