Stats: 3,186,774 members, 7,930,648 topics. Date: Sunday, 25 August 2024 at 01:06 AM |
Nairaland Forum / EASYLIFE4US's Profile / EASYLIFE4US's Posts
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Petah:Even if you dey disciplined like 💯, the market go still mess you up. Discipline go jus reduce the fatality by 50% but the other 50% is more than enough to make you loose your shirt 2 Likes |
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Ibrahimlagosian:Na people wey dey set big stoploss dem dey target so. Even gbpjpy just spike for no reason today |
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Some traders go dey yarn sh**t sey nobody fit control fx, wetin those pins Dey do for 1min chart ooo Dem even get mind doam 3 times abeg make those criminals fear God ooo
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Who notice sey mt4 just dey disconnect anyhow today on many brokers platforms |
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samfelly:I don look 4 d source tire but na from qoura forum I see am 1 Like |
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In Forex, for every 75 pips profit, what should my stop loss be? I don’t use Stop Loss in my trades - haven’t used them since 2009 when I realized that there was stop loss hunting going on. What I did was study my charts and try and place my trades in places where the market will move in my favor after a small drawdown. I spent most of my time studying the candlesticks. It was the best investment i have ever made. They do tell you a lot about what is going on in the market and what to expect later. But when I started trading , i used to place 30 pip stops and it gets hit everytime. Sometimes it gets hit, then the market continues to the direction that I thought it would go. That used to annoy me alot. The market fluctuates and I see that most traders place their trades right in the middle of the trend. It is not because they wanted to , it is because that is what technical indicators do. Technical indicators are lagging indicators, by the time they indicate to you that it is time to place your trade, it is already too late…and it puts you right in the middle of uncertainity ( the middle of the trend) where the market tends to whipsaw alot and cut alot of traders out. Therefore, no matter how much stop loss you place, you will still lose because you are right in the middle of the action. If you place your trades somewhere close to the top of a downtrend or somewhere close to the bottom of an uptrend, you will be safe from all those whipsaws. While other traders are on red alert and running around like a headless chicken trying to figure out why they have been cut off, you will just be riding the waves until the trend dies. But, if you still want to place a stoploss after all that i have said - place a 200 pip stop. That is the only way you can make it out of there. The advise above is from a trader that is consistent and profitable.🙏 8 Likes 2 Shares |
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Heyyyyyyy |
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I'll try and start showing my entries which is still work in progress join at your own risk. I'm looking at buying the pullback to 1.75250 Please note: Incase price breaks above 1.76540, I'll wait for an impulse move and buy at pullback to 1.76540 or 1.76325. Notice that price is accumulating at 1.76000 so we wait.
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Ok I'm almost done sorting out my entry strategies long, medium and short term. With a perfect entry strategy your exit strategy will be easier. 2 Likes |
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infofirst:I plan poorly because I lack adequate power supply as I use my laptop to trade, my area transformer oil don short because them don work and before and my dear fuel na black gold where I Dey stay 2 Likes |
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All of Una no get work. So at 2:30 am na im Una dey yab unasef like market women wey dey sell ugu for nite market, Una sure sey Una be traders. Abeg make all of Una park well 1 Like |
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samfelly:Done |
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infofirst:Even with lagging indicators this simple technique works but to be on the safe side use non repainting indicators. |
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samfelly:Ok |
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samfelly:So how I wan take enter back |
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samfelly:No nah, na 0.1 lot I open today with the new mt4 |
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samfelly: I have been disqualified because I opened a new mt4 from darwinex as the old one didn't connect |
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What if I told you that Forex is not as simple and easy as it seems but with enough focus, yes the key word is focus, you can make it in FX. Let me share an open secret that you see everytime but you don't know it's a secret because it is open and right before your very eyes, the charts,is the open secret, now the key to unlocking this open secret is total focus, this technique is very simple but the most difficult to achieve because it has to do with your mind. I'm sure you have heard about doing enough chart time, well what they didn't add to it is 'focus', simply focusing completely on the chart and preventing your mind from wandering about and thinking about other things for 5 minutes every day will greatly improve your mindset to FX, it works no matter the strategy you use whether naked trading, price action, ICT, whether you use a bunch of lagging indicators on your chart etc. It works like a charm but it takes time to achieve, at first you won't see anything but give it time and gradually you will start seeing behind the candlesticks that are meant to make your mind restless, start this technique from the 1 minute chart and move up slowly. Don't doubt this just try it. 3 Likes |
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I don show oooo oya who wan collect |
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@gabsonfx2, go remove that fx for your name if not you be suspect and warn that your boy meshpip abi na basketpip to keep him stupid opinions to himself or him go collect plenty vawulence wotowoto.TGIF 3 Likes 2 Shares |
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GabsonFX2:Newbies wey get akpiri_ogonogo if Una like make Una no go do screen time for like six months before Una start reason this kind money making machine wey na only 1% of traders get. No go backdoor dey look for short cut. Oya let the vawulence commence. 1 Like |
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infofirst:Silent vawulence😁 I don read tire sotey I confuse plus shock absorber dey melt. Weekend is here let the vawulence commence proper... |
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jboixxx:Do you have silicone case for redmi note 9t |
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Make this man no pour sand for our garri 6 Likes 2 Shares |
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DigitalyYours:Correct👍 |
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FOMC don force me to adjust my entry strategy 1 Like 1 Share |
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Once a trader starts to see, you can't unsee. Sell LH buy HL. 2 Likes |
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DigitalyYours:This is not possible on a mobile phone 1 Like |
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FOMC is today by 7pm, USD is weak across board, so selling it is very attractive |
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peteregwu:Bro, you see this chart wey you post don give me hope sey it's possible to make it in Forex, after I settle down study the chart, I com see why you trade am, omooo 3 gbosa for the man wey sabi, no mind bad belle people wey no dey appreciate a generous heart like yours and dat of infofirst and others wey dey shine the way for many to follow 4 Likes |
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300k |
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Please where can I get redmi note 9t case |
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