₦airaland Forum

This make me remember when I use to look for holy grail strategy without loss.it took me a while to realise it doesn't exist. that same strategy that bring that loss on Monday is the same strategy that brought back the loss and double of the loss.

Yesterday is not funny but the loss as being recovered.

GabsonFX2:
I don't know your trading style
I don't know your trading strategy, but
I know your risk/money management just from seeing this; it's not good.
I know your trading psychology just from seeing this; it's not good

This is just a competition account which am trying to use it to get a 6k account reward with funded next and it end in 30 days.
On my normal $10 account.i don't open more than one position with O.1 which help me to lose $2 when am wrong.i make $5 or more when am right.you can scroll up for evidence.i can't do this on personal account.am not a risk taker which is affecting me.if am a risk taker.i would have gone far.

But thanks for stopping by and the advice.

Cost of doing business

Busy week ahead.lead me God

randy01:
This guy range throughout yesterday giving me profit and loss but I hold on to it.fundednext competition account is still running while TFT competition account throw long wick from nowhere to stop me out.that wick happen only on their platform not even on tradingview or any other broker

And this trade later reversed and hit my stop loss then reverse in my direction but no shaking.there is plan for it next week.wish I got time since the beginning of the month.i would have advanced on my competition account.i started last week wednesday.the plan is to ensure I enter within 600 position next week.maybe I may be among 50 lucky winner of 6k account

randy01:
Early morning slap

This guy range throughout yesterday giving me profit and loss but I hold on to it.fundednext competition account is still running while TFT competition account throw long wick from nowhere to stop me out.that wick happen only on their platform not even on tradingview or any other broker

I deposited via crypto and withdraw option was only in crypto.so I withdraw from deriv to binance and I just sell P2P to my account this morning.

Promise myself to withdraw something this week no matter how small.let me make myself happy

Would have trade with riskier and crazy Lot sizes today but market is ranging.bAnks are on holiday no liquidity to move market.i would like to take this advantage.

Today is ranging day.

Early morning slap

LincolnOnyeabor:
Las las, trading with a Phone is a BIG HANDICAP!

Learning the hard way now. Na just videos and learnings I go dey do now until I get a Laptop.

Abeg, anyone has a Second Hand Laptop He can give away or say give for a little fee??

Please come to my rescue I would truly appreciate it.

You never know how to trade.thats why cuz you can trade with anything as long as you are good trader.i will admit laptop/big screen make things easier but not having those is not excuse for trader failure performance.my laptop develop hard-disk problem since two months and I been trading with my phone without issue.use what you have bro.

Cadjpy is moving nicely from my post view hours ago.

randy01:
Been holding to us30 since yesterday.it got to profit and loss.it was $1359 profit 1hr ago but seems it want to range and I got no time for ranging marketso I close it here.let see what cadjpy got for us.

Us30 is bastard see movement

Been holding to us30 since yesterday.it got to profit and loss.it was $1359 profit 1hr ago but seems it want to range and I got no time for ranging marketso I close it here.let see what cadjpy got for us.

I said it here yesterday.profit will choke if gold make this move.profit taken already and I still have trade running.

Oil is not risky.imagine gold moving this much.profit will full ground

abham:
You can actually use the 0.01 on assets that have a minimum of let’s say 0.3 for example.
The lot size you will use will be 0.31, then when you go to close the trade, close 0.3 and you will be left with 0.01.

In the photo attached, boom 500 minimum lot is 0.2 but I opened a sell 0.21. Where the blue cursor is with 0.21, clean the 0.2 and you will be left with 0.01.

Respect bro.wish I knew this earlier.i open this thread for more knowledge like this.i would try this when am ready to trade volatility again.
I would focus on Forex for now.special thanks bro

Audusd does same on competition account as well but it already brought back my money with little profit.i discovered having more fund is secret to this business cuz immediately it hit my stop and reverse I open the short again cuz I get more fund if it hit stop again and I trust my strategy.
I must get pro firm account before this year end. that's the goal

Audusd pick my stop loss and reverse immediately to my anticipate direction.well usdcad is fighting my battle

T

Time to focus on getting pro firm account.

This is trading.there will always be a loss but the loss most not be much than profit.volatility will wait for now cuz it leaves no room for mistake at all.it ready to wipe out traders at anytime mistake happen but Forex will leave you with something after mistake/stop loss happen.

Same problem continue today.took my stop loss and moving in my direction.i have deposit my last $10.if I lose it I will stop trading synthetic trading and focus solely on Forex.

My long on gold is moving well

efe21:
It's normal, but shouldn't be frequent. Hope you are not counter trend trading? Secondly hope you are not trading too close to the swing levels, because if you are, then it is natural for price to retest its recently breakout swing level inorder to gather more momentum for the potential impulsive movement it's about to. So if your entry and SL is too tight, price will definitely take it out as liquidity pull/grab and move away almost immediately to your anticipated direction.

Try to work on your emotions in relation to SL placing, and try to always place your SL in the previous swing level before the current one where price is reacting which resulted in giving your entry point.

All the best Brother.... Best of luck.... Cheers 🍷.

Thanks bro
One love

Am getting frustrated on deriv since 3days now.my trade will take me out then continue in my direction

Cation:
okay

People are misunderstanding what I mean by deposit on deriv.i mean you can deposit any amount on deriv and start your Forex journey.it is not most for everyone to trade synthetic indices volatility.it is for risk takers.to deposit on standard account on fxtm you need at least Minimum of $80 but you can deposit any amount and start trading Forex on deriv.

Cation:
Do you think the FXTM micro (cent) account is a good start considering the spread?

Yes it's good for beginners more than demo but if get experience just deposit on deriv and start

Today is not bad.it end in Breakeven
No profit and no loss

Geovanni412:
I be like say u don overchop for this ya acct...make i send aza

Pls don't trade step index on that acct again...it's very expensive to trade it on a small acct unless your stop loss is ultra tight.

Any other indices other than that and volatility indices with high minimum lot will be ok for a small acct

Anyways,

Chief, how are you getting deriv to show on your tradingview for your analysis?

I removed step index from my watchlist yesterday yesterday.my trade on step index yesterday was not a loss but little retrace took me out before the actual move start.see my entry at that centre purple mark and how it really went up.

About the analysis I can't use mt5 as I said before.go to this link tradingview.deriv.com/deriv then you pick deriv when you go to search menu.it will bring every instruments on deriv then you pick the one to analyse.when you finish analysis click on save at circle I mark up there.put name you want to save it with.when ever you want to access your analysis just open the link and go to save all your analysis will be there

Good morning
Today start with $3 loss.lets see how today goes