NewStats: 3,261,421 , 8,173,942 topics. Date: Thursday, 29 May 2025 at 08:19 AM 1x596l6z3e3g |
Forex Trade Alerts / Discussions: Season 24 (356519 Views)
DXYY: 8:39am On Apr 11, 2024 |
Davigle: The problem is not about losing s , as i myself have lost mine since, the question is has the improved your trading in anyway, and if yes is the answer I say congratulations, cos the truth is, in this Journey we will have to lose more for us to be better, losing s responsibly and improving is paramount though , so do not overwork yourself what's gone is gone , thank GOD you were able to identify what you are doing wrong now the challenge is how to fight it. 4 Likes |
samfelly: 8:47am On Apr 11, 2024 |
raphemmanuel: Sincerely, it needs to be studied. But, him 16 plus years in the game no be joke! |
Lanshile(m): 8:55am On Apr 11, 2024 |
Davigle there is no one way in trading fx Even if all the gurus in here drop a word of advice you will still make the same mistake again if u don't do ur homewrk You've highlighted ur problem and u have the solution I no know what to tell u oo cos fx is now synonymous to death cos we don't know who is next to lose his We will continue pushing ni brother we go kukuma come out victorious one day 3 Likes 1 Share |
nzechu(m): 9:00am On Apr 11, 2024 |
nzechu:261% landmark. 423% in view. though a difficult trade
|
samfelly: 9:08am On Apr 11, 2024 |
Davigle: No reason am too much, chief. that my Plan C (quote below)? Yes, that , I don lost am. Geovanni412 and @everyone, take note, pls According to DXYY, let the lost improve your learning curves. We all know our problems, but our problem no know us. So, lets introduce ourselve to our problem and let it also get scared 😱, knowing us (walai, I no even know where this quote come from ![]() #Sheruba problem e samfelly: 3 Likes |
peteregwu(m): 9:17am On Apr 11, 2024 |
Davigle: Sorry for the you lost. Sometines we just tend to learn the hard. That greed of a thing is so deep in most of us traders. It happened to me too in my last prop , I was so sure of that trades and I did tatata like jeff before you know it, I just hit max draw down, that was all. But to be frank with you, I have decided never to try that nonsese again. It is not how quick you make it, it is how long you intend to last in the market and be successful. I have stopped adding too many positions in my trade that's beyong my . Anytime I am placing a trade I add my positions once and for all and allow it to run without adding more positions. You see that rush for huge amount of payout, I don stop am. 3 Likes |
rhynoemmie(m): 9:38am On Apr 11, 2024 |
Davigle: Sorry about this bro. It can only be a loss if you don't learn anything from it. For a solution, go live. Even if it's cent acct. Fund it and fail more. One thing will stick by the end of this experiment. And it will be something that came to you on your own pace cos at the end of everything, it all boils down to you and your trading system. Fta no go dy dere. My own 2cents |
GabsonFX2: 9:41am On Apr 11, 2024 |
Gold Swing Short The swing short I have waited for is here: wait for the close of the currently forming H4 candle. Short her, SL = 2352. TP = Open (D1 is not ready to swing short, therefore, I may get out in less than 3days ish) but who knows, this H4 may force D1 to yield, then I will plan to leave the trade till next week Friday 1 Like |
GabsonFX2: 9:42am On Apr 11, 2024 |
Bolded - great solution for Davigle rhynoemmie: 1 Like |
rhynoemmie(m): 9:44am On Apr 11, 2024 |
Maybe or maybe not Let's see
|
Geovanni412(m): 10:06am On Apr 11, 2024 |
Davigle: rhynoemmie: Follow the advise by rhynoemmie, but I'll suggest you trade sth different. Try synthetics or some weird fx pairs like Hk50 for example. You'll notice that most of your strategies will fail there, this will give you the freedom to discard what is not working and focus on what is working. Secondly, for the issue of acct management... You said sth about pyramiding and how it blew your acct Your desperation is because you don't know money management. If you knew mm, you would be calm because there is a clear plan to exit drawdown and even if you fail, you'd know that you tried your best in that situation. If you need more details, tag me on telegram in the grp or personally, and I 'll expand more on this . Nairaland too dey ban person for sending YouTube links. |
G30fx: 10:47am On Apr 11, 2024 |
US30 am expecting buying but i am waiting for confirmation first
|
rhynoemmie(m): 10:53am On Apr 11, 2024 |
nzechu(m): 10:58am On Apr 11, 2024 |
nzechu:423% journey just resumed, I hope it's sustained
|
randomShek: 11:00am On Apr 11, 2024 |
Davigle:I suggest you use FundedNext Free Trial s moving forward instead of demo or diving into live trading. That way you’re still conditioning your system for a challenge. What has worked for me so far is actively practicing discipline (the hardest part of this game). Everyone keeps saying “psychology is bad” but it’s really discipline - entries, exits, breaking even, staying out of low quality setups. Let’s call this trade management. ———————- Journaling also helped me. You can find templates online. Journaling is boring, i don’t like it. Yet, the black magic in religiously keeping a journal is that it would force you to focus on trading less. Imagine repeat same thing over and over again 5 times at the end of the day - then you start postponing and before you know you stop altogether. Now you have no data to work with so you can spot areas of weakness. For a start, review your forexfactory explorer data, maybe a session isn’t for your style or trading pair isn’t your thing or your RR is optimal at 1:2 and not 1:3. Another thing that helped me is keeping a random journal on telegram. I created a group and just send messages to myself there of my thoughts during trades, my emotions too. Literally anything you’re going through, note it down so you can go back to it - you’ll see the root of your problem and how it has branched out into other bad habits you’ve built up. ——————————- Planning my RR before taking the first trade on any challenge was also another factor for me. I figured that I’m a fan of taking too long to challenges. I found my sweet spot to be 0.5% until I’m 1% up then I stick to 1% risk. If I’m in drawdown, I still stick to 0.5%. To help with still sticking to the daily drawdown rules, it’s a max of 2 losing trades a day (for a total of 3). I know this but is it hard to stick to? Discipline is very hard but I have seen that it has drastically helped reduced breaching of the trials. ————————— If you’ve gotten so far and you’re still breaching your trials then it could be your very foundation of trading itself - you don’t have an optimal working system or an edge. Note that I didn’t say it doesn’t work. For this one, I decided to go the lazy way of sticking to the one setup I could understand out of the many SMC models. That’s the only pattern I trade. Doing that I was able to narrow it down that if I still took a loss, it largely because - I was trading against the trend - my setup wasn’t complete but I entered any way - wrong lot size ————— Writing this feels like I’m talking to myself lol. I didn’t plan typing out this long but it was a familiar pain. I might have missed some things but that’s all I can think of now rn. THE THREE MUSKETEERS Trade management - Risk management- Optimal trading system. Source: I’ve failed about 6 trials so far since I started in February I think but I’ve also being able to 4. A lot of mistakes, unlearning and relearning were made in the beginning but now, failing any challenge is 1000% indiscipline on my part. Trials are still demo s so I took the step and got on a real challenge again. See you at the top Davigle 🥂 3 Likes |
VeeVeeMyLuv(m): 11:04am On Apr 11, 2024 |
Trade management - Risk management- Optimal trading system. 👍💯 Optimal trading condition too |
peteregwu(m): 11:29am On Apr 11, 2024 |
On USDHUF, I am looking to short down to 366.291 🤣
|
F1re(m): 12:08pm On Apr 11, 2024 |
Bull's ride done, bears are you ready?
1 Like |
G30fx: 12:51pm On Apr 11, 2024 |
US30 buying not confirmed yet still waiting
|
G30fx: 12:54pm On Apr 11, 2024 |
US30 am inn for buying let's see how it goes
|
Donsheddy: 1:01pm On Apr 11, 2024 |
This forest no easy
1 Like |
rhynoemmie(m): 1:08pm On Apr 11, 2024 |
Ahead of ppi Now, we wait
|
rhynoemmie(m): 1:09pm On Apr 11, 2024 |
Donsheddy: Wetin u see boss🤣🤣 |
Donsheddy: 1:11pm On Apr 11, 2024 |
Sell gold Entry 2336 Sl 2342 Tp 2330 Rre 1:1 |
Donsheddy: 1:16pm On Apr 11, 2024 |
Gold seems like a very very easy pair to trade 🤔🤔
1 Like |
Donsheddy: 1:16pm On Apr 11, 2024 |
rhynoemmie: I just recall all my experience on this biz over the years 😭😭 |
G30fx: 1:17pm On Apr 11, 2024 |
US30 50 pips am out Now waiting for heavy weights buying |
Donsheddy: 1:17pm On Apr 11, 2024 |
Gu sell order Entry 25300 Sl 25600 Tp 25000 Rrr 1:1 |
rhynoemmie(m): 1:19pm On Apr 11, 2024 |
rhynoemmie(m): 1:20pm On Apr 11, 2024 |
F1re(m): 1:24pm On Apr 11, 2024 |
Gold bears are riding...
|
Donsheddy: 1:26pm On Apr 11, 2024 |
Little suggestions.... If previous daily candle closed bullish... Only search for bullish signal the next day... If it's bearish candle only search for bearish signal... You might be lucky to escape somany false moves... I might be wrong thou... Just a little observation... Especially on gold 🤔 4 Likes 1 Share |