Kaesyrn:
Limit your size in any position so that fear does not become the prevailing instinct guiding your judgment. ~ Joe Vidich

This in itself is the number one reason for massive failure in the trading industry.
90% of traders fail because they get emotionally compromised.

The best trading strategy in the world won’t do you any good if you allow emotions to trump logic.

And what is the number one reason traders surrender to emotions?

The fear of losing money, of course.

But that fear only becomes debilitating when you allow the potential loss to exceed your comfort level.

So with this in mind, the best way to mitigate against this fear and allow logic to prevail is to reduce your position size until you’re 100% comfortable with the loss. If that means risking as little as half a percent of your account balance per trade, so be it.

Culled from DailyPA

Feshizzy:

who dey trade news no dey look D1 na H1 their view ends.
because all the gragra no dey shake for D1
and again most news effect doesn't reach 4 hours,
it always within 1 hour most cases

Well, dat gragra, my broda, is the beginning of wisdom for small account traders like me o

Feshizzy:
Learn from Loses and take time in testing your plans,
test, refine, test, refine till you are comfortable enough again.

Winning is addictive so as losing.

GabsonFX:
All the trades analyzed here since last Thursday, here is the result (on my prop firm client's account), this can motivate you.....So see attached.

Off-trading for the next 2weeks....

charly20:
Lol... Bigger institutional traders wan kill small scale institutional traders with big scale manipulation

Awon manipulators buruku

charly20:
EU is closing on a bad sentiment and I would be closing my position. Usdchf on the other hand, has a structure I do no want to see( making intra day break of structure) so I would also be closing with 90+ pips (my cut being 60 pips which is BE in it's sense)

Tomorrow, I'll look again. Maybe CAD and GBP news would bring the other ladies to the party.

(See attached)

Modified;
The purple line is a double bottom and the white arrow shows a break of intra day previous high. On the daily, we have a healthy bullish candle.

CopyJoe:
After that huge fall today, I need to study the market and know how it reacts.

GabsonFX:

https://www.myfxbook.com/portfolio/gabsonfx-axi1/8738535

https://www.myfxbook.com/portfolio/gabsonfx-axi2/8738496

samfelly:


Boss, Error 404 when I tried to open those two url

Thanks sir.

Just continue to diligently trade the $200 demo account; I'm hoping to create a club of 3-5 serious people trading live soon and hope to add you if the outcome of your $200 is satisfactory in 2months time.

In the club, I plan to fund these people with prop firms and guide each other on establishing with them and maintaining it OR we all join a broker, while I fund their live accounts with set strict rules (propfirms-like), where we can compound gains and profits generated can be used to benefit ourselves in some major areas of our lives.....Cubana-like style

CopyJoe:
God bless you at GabsonFX.

Forever grateful. You are a rare being.

I am happy you came back after that saga.

If not for you and @ boss Infofirst,

Na scammers for full this place.

Someone like me won't have learned much.

GabsonFX:
Thanks sir.

Just continue to diligently trade the $200 demo account; I'm hoping to create a club of 3-5 serious people trading live soon and hope to add you if the outcome of your $200 is satisfactory in 2months time.

In the club, I plan to fund these people with prop firms and guide each other on establishing with them and maintaining it OR we all join a broker, while I fund their live accounts and profits generated can be used to benefit ourselves in some major areas of our lives.....Cubana-like style

dennison4luv:
Honestly ,I don't like trading demo account, I like going straight to live account where I will fill the heat of forex trade. When i am trading demo account I don't take it serious, sometimes I don't even open the chat, I do forget that I opened at position when
I am trading demo account. The tension, heart beat , the anxiety, the emotions and seriousness that goes with live account is not same with demo account.
As a beginner don't tell yourself that you will cut your yout trade when is going against you,,,please and please always put your stoploss as you place a trade..,, the thinking that a negative trade will bounce back to profit will make you to blow your account. Don't worry when stoploss close your trade and that same pair bounce back to profit immediately.
When you are on profit your village people will be whispering to your ears to increase your lot size, don't try it just continue with your 0.01

GabsonFX:
Thanks sir.

Just continue to diligently trade the $200 demo account; I'm hoping to create a club of 3-5 serious people trading live soon and hope to add you if the outcome of your $200 is satisfactory in 2months time.

In the club, I plan to fund these people with prop firms and guide each other on establishing with them and maintaining it OR we all join a broker, while I fund their live accounts with set strict rules (propfirms-like), where we can compound gains and profits generated can be used to benefit ourselves in some major areas of our lives.....Cubana-like style

dennison4luv:
Honestly, I don't like trading demo account, I like going straight to live account where I will fill the heat of forex trade. When i am trading demo account I don't take it serious, sometimes I don't even open the chat, I do forget that I opened at position when
I am trading demo account. The tension, heart beat , the anxiety, the emotions and seriousness that goes with live account is not same with demo account.
As a beginner don't tell yourself that you will cut your yout trade when is going against you,,,please and please always put your stoploss as you place a trade..,, the thinking that a negative trade will bounce back to profit will make you to blow your account. Don't worry when stoploss close your trade and that same pair bounce back to profit immediately.
When you are on profit your village people will be whispering to your ears to increase your lot size, don't try it just continue with your 0.01

GabsonFX:
Thanks sir.

Just continue to diligently trade the $200 demo account; I'm hoping to create a club of 3-5 serious people trading live soon and hope to add you if the outcome of your $200 is satisfactory in 2months time.

In the club, I plan to fund these people with prop firms and guide each other on establishing with them and maintaining it OR we all join a broker, while I fund their live accounts with set strict rules (propfirms-like), where we can compound gains and profits generated can be used to benefit ourselves in some major areas of our lives.....Cubana-like style

GabsonFX:
Thanks sir.

Just continue to diligently trade the $200 demo account; I'm hoping to create a club of 3-5 serious people trading live soon and hope to add you if the outcome of your $200 is satisfactory in 2months time.

In the club, I plan to fund these people with prop firms and guide each other on establishing with them and maintaining it OR we all join a broker, while I fund their live accounts with set strict rules (propfirms-like), where we can compound gains and profits generated can be used to benefit ourselves in some major areas of our lives.....Cubana-like style

CopyJoe:
It's time to go to sleep.

GU 1.3737
SL 1.3758

GabsonFX:
It was made public for a while, check now; I will put it back in private in 1hr time.

Oh, I don sleep go since. Just woke up now and reload and saw ur reply.

No qualms, boss, if I don't see it, but as long as I can hear the Loud Bang of Success inside them (d 2 url), I am satisfied

GabsonFX:
Thanks sir.

Just continue to diligently trade the $200 demo account; I'm hoping to create a club of 3-5 serious people trading live soon and hope to add you if the outcome of your $200 is satisfactory in 2months time.

In the club, I plan to fund these people with prop firms and guide each other on establishing with them and maintaining it OR we all join a broker, while I fund their live accounts with set strict rules (propfirms-like), where we can compound gains and profits generated can be used to benefit ourselves in some major areas of our lives.....Cubana-like style

Wow! This is just another on its league. No ones' else (Infofirst be excused) can compare with dis ur dream. In short, the Federal Republic of Naija will not be sleeping fine anymore if they hear it.

FGN hearing you want to lift 3-5 pipo out of 'CONTROLLED POVERTY' and in turn the 3-5 will repay the good favour by treading in ur path, will lost all its peace of mind o

A big THANK YOU to this dream. May Jah almighty bring it to light.

samfelly:


Wow! This is just another on its league. No ones' else (Infofirst be excused) can compare with dis ur dream. In short, the Federal Republic of Naija will not be sleeping fine anymore if they hear it.

FGN hearing you want to lift 3-5 pipo out of 'CONTROLLED POVERTY' and in turn the 3-5 will repay the good favour by treading in ur path, will lost all its peace of mind o

A big THANK YOU to this dream. May Jah almighty bring it to light.

infofirst:
I was going tru the table and good job from the top 6 .
So I decided to reward them with #1k recharge card.
@jerry1 @emekuscana1 @depressed @affiliatelord12 @osinaamaka@obiskidguru120 Kindly reach out to me to put some recharge card to boost morale.

I want to encourage those that thinks they will come top by end of contest to ensure they contribute in the thread o. So they are not denied reward on non participating basis.

CopyJoe:
It's time to go to sleep.

GU 1.3737
SL 1.3758

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