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Forex Trade Alerts / Discussions: Season 24 - Business (218) - Nairaland 13126o

Forex Trade Alerts / Discussions: Season 24 (358039 Views)

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dmahn(m): 6:30am On Apr 20, 2024
samfelly:

All these ideal and max lot size no really go well with me sha ooq grin.. 0.01 on a 1k challenge and 0.06 on a 10k challenge is just too low, .. I understand slow and steady wins the race but if it's too slow it gets tiring and embarrassing. I will still go with 0.10 on a 10k as ideal and as grows, the lot size should grow accordingly.

3 Likes

Donsheddy: 6:39am On Apr 20, 2024
Una good morning
dmahn(m): 6:40am On Apr 20, 2024
nzechu:

Disregard this, already been invalidated long time ago

Now a new outlook.

Buying till 423%
Finding entry is the problem

Not a trade advise, just a learning journal

I will take a fib retracement and mark from the high to the low of the recent bullish weekly candle. I will be buying from the golden ratio ratracement and SL slightly below the low, Tp1 at the high and open... If SL hit, I ll the sellers again agressively

Why is no one challenging me anytime I say I will do the opposite of what I was doing if SL hit.. Isn't that revenge trading grin?
randy01(m): 6:56am On Apr 20, 2024
samfelly:
You can not have a fixed lot size per trade or per .trade is different from each other.you can only have a fixed amount/% per trade.some trade required wide stop loss while some required tight stop loss.imagine using 0.2 on 10k with wide stop loss on gold.

Just calculate the pip in your stop loss and the lot size you want to use.you will see amount you will lose should the trade hit SL.

I can using 0.5 or 0.8 Lot size on 5k while still risking 0.5 -1% of my .do you think those who use 20 lot size are gambling.they are not expecially if you trade on lower tf like m15.just have a fixed percentage of your per trade then do calculation with pip in your SL and the lot size you intend to use.it show you potentially loss.

Do you need image explanation?

4 Likes

nzechu(m): 7:58am On Apr 20, 2024
dmahn:


I will take a fib retracement and mark from the high to the low of the recent bullish weekly candle. I will be buying from the golden ratio ratracement and SL slightly below the low, Tp1 at the high and open... If SL hit, I ll the sellers again agressively

Why is no one challenging me anytime I say I will do the opposite of what I was doing if SL hit.. Isn't that revenge trading grin?
I don't understand u. Bro
nzechu(m): 8:53am On Apr 20, 2024
To buy or to sell gold%

I will be looking to sell till 685%.

Geovanni412(m): 9:47am On Apr 20, 2024
dmahn:


I will take a fib retracement and mark from the high to the low of the recent bullish weekly candle. I will be buying from the golden ratio ratracement and SL slightly below the low, Tp1 at the high and open... If SL hit, I ll the sellers again agressively

Why is no one challenging me anytime I say I will do the opposite of what I was doing if SL hit.. Isn't that revenge trading grin?

The best teacher is the market

Keep doing whatever is working

2 Likes

samfelly: 4:28pm On Apr 20, 2024
randy01:

You can not have a fixed lot size per trade or per .trade is different from each other.you can only have a fixed amount/% per trade.some trade required wide stop loss while some required tight stop loss.imagine using 0.2 on 10k with wide stop loss on gold.

Just calculate the pip in your stop loss and the lot size you want to use.you will see amount you will lose should the trade hit SL.

I can using 0.5 or 0.8 Lot size on 5k while still risking 0.5 -1% of my .do you think those who use 20 lot size are gambling.they are not expecially if you trade on lower tf like m15.just have a fixed percentage of your per trade then do calculation with pip in your SL and the lot size you intend to use.it show you potentially loss.

Do you need image explanation?

Abeg, add pictorial explanations. Thanks
samfelly: 4:31pm On Apr 20, 2024
dmahn:


All these ideal and max lot size no really go well with me sha ooq grin.. 0.01 on a 1k challenge and 0.06 on a 10k challenge is just too low, .. I understand slow and steady wins the race but if it's too slow it gets tiring and embarrassing. I will still go with 0.10 on a 10k as ideal and as grows, the lot size should grow accordingly.

I am as confused, right now, as the first day I took a trade in the market cheesy
peteregwu(m): 6:45pm On Apr 20, 2024
On BTCUSD, I am going short with small position

kellybently(m): 6:51pm On Apr 20, 2024
peteregwu:
On BTCUSD, I am going short with small position

BTC halving don start oo. I hear say value 'll increase
rhynoemmie(m): 8:00pm On Apr 20, 2024
Dcurrency:
Nostro 5k gotten

Is it the giveaway or did you purchase yours?
Geovanni412(m): 8:10pm On Apr 20, 2024
kellybently:


BTC halving don start oo. I hear say value 'll increase

If you believe so, act on it

He is acting on his own belief

Market go answer one prayer

1 Like

realone12(m): 10:31pm On Apr 20, 2024
samfelly:


I am as confused, right now, as the first day I took a trade in the market cheesy
don't even think of changing your strategy coz it is still working. you only need to learn when to stay out of the market.. bad market condition is a respecter of no strategy. just take a look at what Gold and us30 have being doing this past week.. it's very easy to lose your trying to trade that market condition..

the problem with us traders is that we are always focus on entries and backtesting strategies while we completely ignore learning "How to spot and stay out of bad market condition until the tides goes down"

I think this is the biggest difference between we and profitable trader like Gabsonfx2

6 Likes 1 Share

samfelly: 12:11am On Apr 21, 2024
realone12:
don't even think of changing your strategy coz it is still working. you only need to learn when to stay out of the market.. bad market condition is a respecter of no strategy. just take a look at what Gold and us30 have being doing this past week.. it's very easy to lose your trying to trade that market condition..

the problem with us traders is that we are always focus on entries and backtesting strategies while we completely ignore learning "How to spot and stay out of bad market condition until the tides goes down"

I think this is the biggest difference between we and profitable trader like Gabsonfx2

Duly noted, boss.

Often forget that No Trading Is Still A Trade. Boss Gabson don demonstrates it numerous time, but no, na me trade 🙈
samfelly: 12:39am On Apr 21, 2024
rhynoemmie:


Is it the giveaway or did you purchase yours?

It's the giveaway. In 2 days time, they'll officially launch for traders to purchase challenges. If anything, that their 10k (3 phases) for $29 na good deal. In short, all their 3 phases s na best deal.

Tradinggod n Gasive, I sight you guys 😁. Especially Gasive, been a while, boss

4 Likes 1 Share

Lost2Void(m): 12:57am On Apr 21, 2024
Pls are there any free backtesting software available?
Geovanni412(m): 6:00am On Apr 21, 2024
realone12:
don't even think of changing your strategy coz it is still working. you only need to learn when to stay out of the market.. bad market condition is a respecter of no strategy. just take a look at what Gold and us30 have being doing this past week.. it's very easy to lose your trying to trade that market condition..

the problem with us traders is that we are always focus on entries and backtesting strategies while we completely ignore learning "How to spot and stay out of bad market condition until the tides goes down"

I think this is the biggest difference between we and profitable trader like Gabsonfx2

Bad market condition is this,

Market in downtrend and hits low of previous month and ranges for six days

Trying to sell in a haste at key level within that range doesn't end well.

Example of this is Eurgbp chart since January this year on 4h chart

2 Likes

TradingGod: 7:03am On Apr 21, 2024
samfelly:


It's the giveaway. In 2 days time, they'll officially launch for traders to purchase challenges. If anything, that their 10k (3 phases) for $29 na good deal. In short, all their 3 phases s na best deal.

it's been a while Boss! cheesy
How have you been?

2 Likes

realone12(m): 7:18am On Apr 21, 2024
Geovanni412:


Bad market condition is this,

Market in downtrend and hits low of previous month and ranges for six days

Trying to sell in a haste at key level within that range doesn't end well.

Example of this is Eurgbp chart since January this year on 4h chart

yes I saw it.. that pair na compete werey this year. except if you are a very good scalper

1 Like

peteregwu(m): 4:18pm On Apr 21, 2024
On VOLATILITY 25 INDEX. I will be looking to get long if I could get a retracement down to the 2161.973 level and my target would be 2250.067. 😊

samfelly: 10:24pm On Apr 21, 2024
I am going on a journey. I'll be back.

Who dey there? Abeg, help me press play on Gone Till November by Wyclef Jean. And put it on repeat

1 Like

Donsheddy: 11:00pm On Apr 21, 2024
Headache
Geovanni412(m): 1:38am On Apr 22, 2024
samfelly:

Boss, wetin happen...

No run like dat nah.
FXcandles(m): 2:49am On Apr 22, 2024
US crude is still trading at around 81 levels despite increasing tensions in the Middle East. It seems that the situation in the Middle East has not yet caused oil prices to soar as many analysts predicted. Oil prices were volatile when Iran attacked Israel, but it was only a temporary fluctuation and oil entered the consolidation zone. On the other hand, OPEC+ returning supply of 2 million bpd could affect oil prices.

2pep(m): 7:14am On Apr 22, 2024
Wishing all a profitable week ahead.

1 Like 1 Share

Donsheddy: 7:48am On Apr 22, 2024
Little scalping on gold this morning....

1 Like

infofirst(m): 10:45am On Apr 22, 2024
Danator:
Infofirst. I don call you again oh. Wetin dey sup?

Doing very well. Thank you.
How about you?
infofirst(m): 10:48am On Apr 22, 2024
PriceActionZ:
too much silence this week especially today. Hope everyone is fine and not in a drawdown? sad

oga gabsonFX02 hope you are fine? infofirst...long long time. currentprice... every other friends that went to ghost mode.
👌

realone12:
yea. saw your mention too when I came online.. it feels good knowing you are fine and to have you back here bro..


now where is Charly??
boss infofirst, you don dey scares fa

Thank you boss mi.
Too much in my hand. Should be less by first week next month by God grace.

1 Like

samfelly: 10:51am On Apr 22, 2024
Geovanni412:


Boss, wetin happen...

No run like dat nah.


Where I know where I wan run go? I dey here with una - we plaster here 😁
infofirst(m): 10:52am On Apr 22, 2024
zedegit:
Baba samfelly when oga infofirst go do challenge?

Abeg tell me.

At the right time I will. But it will be posted in FTA Telegram group.

5 Likes

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