NewStats: 3,262,241 , 8,176,571 topics. Date: Sunday, 01 June 2025 at 02:14 PM 63m6v

Good money and I hope you are enjoying the new week?

Yesterday we dropped Gold Signal on the free channel and made more than 200 pips. 🤑🤑

Good Money and happy weekend 💰🤑

Good money and happy New week 💰🤑

Good money and TGIF 💰

We milked the market this week

Good money and happy weekend, stay safe out there. 🤑🤑

We made almost 500 pips on Gold yesterday and also BTC is flying.....

Good money and happy New week to everyone, stay safe out there.

Great week and massive pips 🤑

you may be good,. but even the best traders still post their losses

Emmizay12:
you may be good,. but even the best traders still post their losses

Yes I do post my losses too if you check the free channel, but I make more wins than loses, last month we only had few loses and more wins.

Happy new month of April and happy weekend to everyone, may this month and this year favour all of us and may all our dreams comes to reality. 🤑🙏🏻

.

Good money and happy New week. 💰

Good money and TGIF 💰

Good money and happy New week 💰

Mirasteel:
Good money and happy New week 💰

One thing I hate about this forex thing is when you open 2 positions and hit a SL, it will wipe your entire profits.

phranco:

One thing I hate about this forex thing is when you open 2 positions and hit a SL, it will wipe your entire profits.

No sir, your can only be wiped out once you are greedy. if you practice proper risk management, your will be safe.

We caught 100 pips on Gold today and signal was sent to the free channel. 🤑🤑

Mirasteel:
No sir, your can only be wiped out once you are greedy. if you practice proper risk management, your will be safe.

Just look at this pics below, I get signals to trade from a quality signal group, at least they have 90% accuracy. As you can see, this is 5 signals, 2 positions of both TP1. I had some profits, but one SL wiped the entire profits that I had to start afresh. Imagine if it's 2 sl at same time what will happen. Although it's my demo . But I just gave you a proof. Note the SL is at 40 pips and TP 1 is between 21-25pips

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phranco:

. Note the SL is at 40 pips and TP 1 is between 21-25pips

When it comes to forex, take this two things important;
1.when you win, how much do you win, when you lose, how much do you lose.
2. When you are in a winning trade, what do you do?... When you are in a losing trade, what do you do?
These two questions will help in becoming profitable!!!

Now look at that screenshot, evaluate yourself; check your wins, check your losses.
Your one loss has already taken up like 3 wins...

You need to work on your risks to rewards (R:R)...

highcurrent:
When it comes to forex, take this two things important;
1.when you win, how much do you win, when you lose, how much do you lose.
2. When you are in a winning trade, what do you do?... When you are in a losing trade, what do you do?
These two questions will help in becoming profitable!!!

Now look at that screenshot, evaluate yourself; check your wins, check your losses.
Your one loss has already taken up like 3 wins...

You need to work on your risks to rewards (R:R)...

Bro how do I work on my R:R to ensure profitability in trading?

1. Do I need to ignore Tp1 and aim only Tp2 with 2 positions opened? So that even if I hit an SL, my profit will cover it. What if Tp2 fails after Tp1 hit, it will still take me back to SL.
2. Or do I need to reduce my SL from 40pips to 25-30pips? Is a SL of 40pips too high for a signal?

Pls I need you to guide me cos I'm loosing interest already in forex. Guide me to profitability pls

phranco:

Bro how do I work on my R:R to ensure profitability in trading?

1. Do I need to ignore Tp1 and aim only Tp2 with 2 positions opened? So that even if I hit an SL, my profit will cover it. What if Tp2 fails after Tp1 hit, it will still take me back to SL.
2. Or do I need to reduce my SL from 40pips to 25-30pips? Is a SL of 40pips too high for a signal?

If you are risking a SL of 25 pips, then your reward should always be higher than 25pips( preferably 50pips).

You need to keep working on yourself everyday to gain mastery.
You are the CEO of your , only you can manage it to the finest, not some signal group.

Spend time with your chart, visit forex forums, keep learning and relearning.

Practice proper risk management, you are still starting out, focus on using 0.01 lotsize for now until you are pro.

YOUR NEED AT LEAST 10,000HRS of screentime and practice....

Your SL needs to be reduced to Max 20-25SL your TP1 minimum should be 50. That's even if you are not shooting for TP2. You can't have an SL that can't be 2x of your TP.

The overall efforts that you should also work veery hard to be great at is, Your Wins to Loss ratio.

40/60 is great, but you could do better to av 70% winning ratio, having this will solidify your psychology in trading..

phranco:

Bro how do I work on my R:R to ensure profitability in trading?

1. Do I need to ignore Tp1 and aim only Tp2 with 2 positions opened? So that even if I hit an SL, my profit will cover it. What if Tp2 fails after Tp1 hit, it will still take me back to SL.
2. Or do I need to reduce my SL from 40pips to 25-30pips? Is a SL of 40pips too high for a signal?

Pls I need you to guide me cos I'm loosing interest already in forex. Guide me to profitability pls

mrionate:
Your SL needs to be reduced to Max 20-25SL your TP1 minimum should be 50. That's even if you are not shooting for TP2. You can't have an SL that can't be 2x of your TP.

The overall efforts that you should also work veery hard to be great at is, Your Wins to Loss ratio.

40/60 is great, but you could do better to av 70% winning ratio, having this will solidify your psychology in trading..

Thanks bro, I understand your input perfectly well. Now I want to ask, if I receive a signal @40pips SL and want to reduce it to 20-25pips like you said, how will I calculate it? This is an example:

GOLD SELL NOW IN ZONE 2003.50 - 2007.50 (SCALPING)

TP 1 : 2001.50
TP 2 : 1999.50
TP 3 : 1997.50

SL : 2011.50

Use Proper Money Management. Past Profits do not predict future earnings. Consistency is 🔑

This signal is at 40pips SL, how do I calculate and reduce it to 20-25 pips, thank you.

One issue that needs to be addressed is the fact that you are not the one taken the trades.

Assuming you are trading by yourself, then it's much easier to reduce your SL, which simply mean you would be eliminating trades that have larger SL or take trades that must be 2x 3x of your SL.

So the signal you are getting now, you can't be sure what the Trader saw before giving you 40SL hence if you reduce it to 20SL you might get taken out, and the Price ran towards TP.

(You might want to be a little late before taking the trades, and see how it behaves around the SL, if price trades down say, 20SL to the 40SL given, then you Take it, if 40pip SL that u got in the signal got taken out, then you know that you are only losing 20SL bcus u didn't take the trade from the given price.



Taken trades that will av smaller SL like 20 30pips means you need to categories your trades with some higher confluences that is given you like a 90% win ratio that you will win the trade.

Once you could find such trades then, you wouldn't be worried much about 40pip SL because you are guaranteed you could win 3 out 5 trades. And the 3 that you Won are 3x of your SL

phranco:

Thanks bro, I understand your input perfectly well. Now I want to ask, if I receive a signal @40pips SL and want to reduce it to 20-25pips like you said, how will I calculate it? This is an example:

GOLD SELL NOW IN ZONE 2003.50 - 2007.50 (SCALPING)

TP 1 : 2001.50
TP 2 : 1999.50
TP 3 : 1997.50

SL : 2011.50

Use Proper Money Management. Past Profits do not predict future earnings. Consistency is 🔑

This signal is at 40pips SL, how do I calculate and reduce it to 20-25 pips, thank you.

You don't have to kill yourself with the Math.

Once you took the trades.

Just drag the Entry Line that is showing on your M4/5 Drag it down if you are on a Buy, down will show SL on your left side of the Line, u will see as it's decrease and increase if you go up.



If it's a Sell trade, drag it up and u will sreer the same.

phranco:

Thanks bro, I understand your input perfectly well. Now I want to ask, if I receive a signal @40pips SL and want to reduce it to 20-25pips like you said, how will I calculate it? This is an example:

GOLD SELL NOW IN ZONE 2003.50 - 2007.50 (SCALPING)

TP 1 : 2001.50
TP 2 : 1999.50
TP 3 : 1997.50

SL : 2011.50

Use Proper Money Management. Past Profits do not predict future earnings. Consistency is 🔑

This signal is at 40pips SL, how do I calculate and reduce it to 20-25 pips, thank you.

phranco:

Thanks bro, I understand your input perfectly well. Now I want to ask, if I receive a signal @40pips SL and want to reduce it to 20-25pips like you said, how will I calculate it? This is an example:

GOLD SELL NOW IN ZONE 2003.50 - 2007.50 (SCALPING)

TP 1 : 2001.50
TP 2 : 1999.50
TP 3 : 1997.50

SL : 2011.50

Use Proper Money Management. Past Profits do not predict future earnings. Consistency is 🔑

This signal is at 40pips SL, how do I calculate and reduce it to 20-25 pips, thank you.

my brother, my advice to you is to forget about signals, delete everything you have concerning signals...

go to the charts, go on demo, trade, learn, unlearn, practice until you reach a level whereby the markets have thrown everything at you,,,. it has wrecked your , it has given you 10 losses back to back,, you set TP it will go halfway and reverse to hit your SL, you enter a trade and the next thing is SL

why are you doing this,, you are building immunity against your emotions which is working against you,,.

study market structure, study continuation and reversal patterns, study entry points and exits, together with trade management, learn how to trail stoploss

it may take you a year or two,,,. by the time you begin to cashout steady, you will forget all the pain you've gone through just to become profitable.

fortune favours the bold, no pain no gain,
peace

phranco:

Just look at this pics below, I get signals to trade from a quality signal group, at least they have 90% accuracy. As you can see, this is 5 signals, 2 positions of both TP1. I had some profits, but one SL wiped the entire profits that I had to start afresh. Imagine if it's 2 sl at same time what will happen. Although it's my demo . But I just gave you a proof. Note the SL is at 40 pips and TP 1 is between 21-25pips

Pls where do you get signals?

CoolKizzy:


Pls where do you get signals?

https:///SyntheticxOfficial

https:///DoctorPipsOfficial

These are two signal group I follow on telegram and they are good with 90% accuracy
. Although there are still bad days in the market.

phranco:


https:///SyntheticxOfficial

https:///DoctorPipsOfficial

These are two signal group I follow on telegram and they are good with 90% accuracy
. Although there are still bad days in the market.

Thanks a lot