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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 23 (528662 Views)
Forex Trade Alerts: Season 22 / Forex Trade Alerts: Season 21 / Forex Trade Alerts: Season 20 (2) (3) (4)
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Re: Forex Trade Alerts: Season 23 by HumbleTrader: 9:07am On Apr 06, 2023 |
karkinase:I'm not falling for the bait, argue with yourself. |
Re: Forex Trade Alerts: Season 23 by Nobody: 9:19am On Apr 06, 2023 |
HumbleTrader:My man |
Re: Forex Trade Alerts: Season 23 by Kaybee7000(m): 9:59am On Apr 06, 2023 |
saintelvnn: I love the guy,if u guyz like gather and face him,u all go still collect I love him |
Re: Forex Trade Alerts: Season 23 by Nobody: 10:18am On Apr 06, 2023 |
Kaybee7000: I swear my guy no send 1 Like |
Re: Forex Trade Alerts: Season 23 by Dathypebruv(m): 10:22am On Apr 06, 2023 |
you made 10 pips and yet boastin of 1:6 rrr Lmao, dfkm |
Re: Forex Trade Alerts: Season 23 by highcurrent: 10:27am On Apr 06, 2023 |
Reading is one thing, Understanding is another... 4 Likes |
Re: Forex Trade Alerts: Season 23 by yetown(m): 10:51am On Apr 06, 2023 |
@HUMBLETRADER try and be calming down. Go back and relearn. Risk to reward adjusted along side with your stop loss and risk percentage will help you in the long run. 1 Like
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Re: Forex Trade Alerts: Season 23 by HumbleTrader: 11:29am On Apr 06, 2023 |
Moving on Cad_Jpy.
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Re: Forex Trade Alerts: Season 23 by HumbleTrader: 12:02pm On Apr 06, 2023 |
saintelvnn:Na so we see am, one can't stop and throw stone to every dog that backs at him. |
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 12:03pm On Apr 06, 2023 |
yetown:If I ask you for your trading history, we'll not see you again. 1 Like |
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 12:09pm On Apr 06, 2023 |
Dathypebruv:Are you trying to shame a trader for making 10 pips profit. 1 Like |
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 12:09pm On Apr 06, 2023 |
Elliotwaveforec:Could it be that or you stop loss was too tight. |
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 12:12pm On Apr 06, 2023 |
Eru_Usd It get to a stage when making profit is not a problem, but when one attempt bigger profit that when things become too risky. 1 Like
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Re: Forex Trade Alerts: Season 23 by samfelly: 3:10pm On Apr 06, 2023 |
ReneAsia: Point of correction, pls, Eightcap is broker and not a Prop firm that organizes contest to award winners a trading challenge account |
Re: Forex Trade Alerts: Season 23 by samfelly: 3:12pm On Apr 06, 2023 |
ReneAsia: Oh, really? Drop the link let me confirm this |
Re: Forex Trade Alerts: Season 23 by dmahn(m): 3:12pm On Apr 06, 2023 |
Sometimes I talk to myself, "Bas you can't make it in Trading by checking your chart from time to time when on a trade" . It's very hard discipline but it ll go a long way in letting your profits run. 1 Like |
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 3:17pm On Apr 06, 2023 |
Another EU
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Re: Forex Trade Alerts: Season 23 by samfelly: 3:21pm On Apr 06, 2023 |
FXcandles: That bolded, I wish to see the reference, please. Kindly add it, boss. Thank you |
Re: Forex Trade Alerts: Season 23 by samfelly: 3:45pm On Apr 06, 2023 |
HumbleTrader: no mind them. See me now, I dey ignore all wetin you don write since. But, I beg you, still take corrections, small |
Re: Forex Trade Alerts: Season 23 by Crumbian: 4:05pm On Apr 06, 2023 |
HumbleTrader: Is this a parody account? |
Re: Forex Trade Alerts: Season 23 by Donsheddy: 4:08pm On Apr 06, 2023 |
Donsheddy: Stop loss hit today.... We go again tomorrow |
Re: Forex Trade Alerts: Season 23 by samfelly: 4:18pm On Apr 06, 2023 |
HumbleTrader: I am humbled by your 2 Likes
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Re: Forex Trade Alerts: Season 23 by vichaz10(m): 5:06pm On Apr 06, 2023 |
karkinase: Pls I'll appreciate if I can get the book from you... memma6837@gmail.com
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Re: Forex Trade Alerts: Season 23 by gigfx: 5:56pm On Apr 06, 2023 |
EurJpy long
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Re: Forex Trade Alerts: Season 23 by dmahn(m): 6:02pm On Apr 06, 2023 |
dmahn: I was adding to loosing buying positions while others were selling heavily. This is the reward of trusting yourself more than anyone else 2 Likes
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Re: Forex Trade Alerts: Season 23 by HumbleTrader: 6:19pm On Apr 06, 2023 |
dmahn:That's not how it works. The moment you were seeing buy, I saw there was still enough sell power, I sold Eru_Usd today and I profited, still today, I'm currently buying Eru_Usd and still profiting. What this means is that you entered the trade too early, you may want to change or solidify your strategy. Currently buying Eru_Usd 1 Like
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Re: Forex Trade Alerts: Season 23 by meshpips(m): 6:24pm On Apr 06, 2023 |
CONCERNING RISK TO REWARD AND WIN RATE It is important for us to know that both parts are important. I perfectly understand @humbletrader's perspective. I will explain. When you start using a particular strategy, you need to take maybe 100 trades because just one or two trades cannot really give you the true performance of the strategy. Having taken those 100 trades, check the EXPECTANCY of the system over those 100 trades or use the PROFIT FACTOR. Or simply check your AVERAGE PROFIT as compared to your AVERAGE LOSS. If you have a win rate that is greater than 50%, you can use 1:1 risk to reward and still come out profitable. If your win rate is less than 50% then your reward needs to be higher than your risk per trade. Let's take cognizance of the fact that a strategy might not always produce a 1:4 risk to reward. Sometimes it could be less. In this regard, knowing your WIN RATE (and the average profit/love) will let you know the smallest possible risk to reward you can use in order to end with profit. It is very possible to also optimize the system in a bid to reducing the risk per trade and in essence, the reward achieved. Smaller stop loss values have a higher tendency of being hit but will allow you take far larger sized trades and make more when they work. Professionally, it is advocated that 1.5 ATR of your entry tf be used as your stop loss. Both parties have been right, the back and forth bashing wasn't really necessary. Let's just learn to see things from another person's perspective. Peace out! 3 Likes |
Re: Forex Trade Alerts: Season 23 by dmahn(m): 6:27pm On Apr 06, 2023 |
HumbleTrader: K |
Re: Forex Trade Alerts: Season 23 by PrinceofWallstr(m): 6:32pm On Apr 06, 2023 |
Us30 won't send me back to street, was up on 3k yesterday, it drop to -2k today, now is heading back to 4k, let's see how the game plays.. @Humble trader pls listen to them, guess you have not been hurt? Yhu can't compare RR to Winrate .✌️
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Re: Forex Trade Alerts: Season 23 by HumbleTrader: 6:39pm On Apr 06, 2023 |
PrinceofWallstr:I'm not the one to be mentioned, I clearly said win rate isn't useless, it is what determines a traders rrr. By the way you tp is too risky, the next area of resistance may not be that high, a safer position will be 33658.30 I don't want to even mention how tight your stop loss is, you almost got hunted out. |
Re: Forex Trade Alerts: Season 23 by Nobody: 6:46pm On Apr 06, 2023 |
HumbleTrader:Raw You dey give me joy I swear |
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