NetValueFX:

Explain what you mean by hold profit for 2 months.

I do not know how to trade and keep profits boss...like say for instance boss...i trade in a month and i make 11-13% because i do not use all those big lots size... Sometimes i just scalp... sometimes i i allow some trades to run... But all in one month 11% +..the following month i can lose that profit that i hustle to gather doing the same strategy in just the first trade & it is so frustrating....

pickatyoubackup:


Thanks man. It's risky though, just like they way I am still holding and believing that eurusd is a sell.
I have learned patience is the key to trading.

Exactly.

I learned that from demo. I want to replicate that in my live account.

I think for me .......it's to scalp...... this week...
My first time for having a winning streak....

VlamesIffect:


I do not know how to trade and keep profits boss...like say for instance boss...i trade in a month and i make 11-13% because i do not use all those big lots size... Sometimes i just scalp... sometimes i i allow some trades to run... But all in one month 11% +..the following month i can lose that profit that i hustle to gather doing the same strategy in just the first trade & it is so frustrating....

Just my 2cent.

Do you have a trading journal?

I write stuff down.

I want to know why I lost a trade.

How do I keep most of my floating Profit? I hate losing back pips to the market.

And so many other questions.

With that, you'll be able to find solutions to the questions.

If you are making 11-13% using your strategy,

Them you are doing well. Maybe you become too excited and want to make even more and go overboard with it.

MONEY247:
I think for me .......it's to scalp...... this week...
My first time for having a winning streak....

Please, I would like to know this.

As a scalper, how many pips on the average do you use as sl?

In my future trades, whenever I see the two previous daily candles close like that of EU, I'll avoid taking trade till there's a clear direction.

CopyJoe:


Just my 2cent.

Do you have a trading journal?

I write stuff down.

I want to know why I lost a trade.

How do I keep most of my floating Profit? I hate losing back pips to the market.

And so many other questions.

With that, you'll be able to find solutions to the questions.

If you are making 11-13% using your strategy,

Them you are doing well. Maybe you become too excited and want to make even more and go overboard with it.

Boss it's very very frustrating....30 days of hustlinh to make profit and first trade of new month... everything fiam gone!!.... I'll try to do what you said abt d journal boss.. thanks....

VlamesIffect:


Boss it's very very frustrating....30 days of hustlinh to make profit and first trade of new month... everything fiam gone!!.... I'll try to do what you said abt d journal boss.. thanks....

I never reach boss level.

I still dey learn.

The day you see me trade gold and become very profitable, I go believe say I don dey sabi small small.

MONEY247:
I think for me .......it's to scalp...... this week...
My first time for having a winning streak....

Wow nice one boss...you scalp indicators like stochastic or you dey use price action boss?

CopyJoe:


I never reach boss level.

I still dey learn.

The day you see me trade gold and become very profitable, I go believe say I don dey sabi small small.

No worry....one day na one day boss man.

VlamesIffect:


Boss it's very very frustrating....30 days of hustlinh to make profit and first trade of new month... everything fiam gone!!.... I'll try to do what you said abt d journal boss.. thanks....

One of the things I learned from demo trading was not to try to recover losses very fast.

That's, take a break after a losing trade. Relax and know why you lost the trade.

That way, you'll save the pips you could have lost back as a revenge trade.

And most times, after taking a break, I come back to make even more.

Whenever I trade immediately after losing because I want to quickly recover my losses, I experienced more losses.

I lost 40 pips today. I am not even moved.

I know I need just one good trade to recover.

And since I don't doubt my strategy and I have made good pips with it in the past, I believe I'll make even more.

VlamesIffect:


No worry....one day na one day boss man.

I believe so too.

VlamesIffect:


Wow nice one boss...you scalp indicators like stochastic or you dey use price action boss?

I use an indicator based strategy....( It's kinda price action in a sense)....

@GabsonFX

Boss, I sent you a mail. Kindly respond.

CopyJoe:


Please, I would like to know this.

As a scalper, how many pips on the average do you use as sl?

This one I just entered.....I don't usually calculate the pips ...like that as long as it is under the swing low or swing high.....


It's a NGN Account...for now...I also trade dollars account like that...

MONEY247:


This one I just entered.....I don't usually calculate the pips ...like that as long as it is under the swing low or swing high.....


It's a NGN Account...for now...I also trade dollars account like that...

Okay boss.

jsheng:

Game on

GU still bearish in my view.

Buy to sell

BogusMini:
SELL NZDCAD 0.9018, SL 0.9066, TP 0.8910


Good luck.

70 pips, still on the move.

VlamesIffect:


I do not know how to trade and keep profits boss...like say for instance boss...i trade in a month and i make 11-13% because i do not use all those big lots size... Sometimes i just scalp... sometimes i i allow some trades to run... But all in one month 11% +..the following month i can lose that profit that i hustle to gather doing the same strategy in just the first trade & it is so frustrating....

What's your average number of floating trades by mid week? Secondly, do you trade with stop loss?

BogusMini:
SELL GBPCAD 1.7481, SL 1.7605 TP 1.7355

BUY AUDNZD 1.0334, SL 1.0265 TP 1.0425

Good luck

GBPCAD with 80 pips while AUDNZD is still stalling around the entry.

I hope we hit TP on the trio...

ItzProspero:


GU still bearish in my view.

Buy to sell

If my system says buy... I buy and make money
If it says sell.. I sell and make money
Which ever ways... I must make money

NetValueFX:


What's your average number of floating trades by mid week? Secondly, do you trade with stop loss?

No stop loss boss...i can open up to 10 trades mixture of buy and sell in one week.

VlamesIffect:


No stop loss boss...i can open up to 10 trades mixture of buy and sell in one week.

Wow!!!

How do you people do this?

No stop loss and 10 trades

I never get the mental capacity to do am.

GabsonFX:
From his 1st post, I could smell hate disguising as love and humility. His idea was to camouflage it as 90% love, 10% hate in a reverse order.

Just by not saying much, see how I purposefully activated his real or actual person, his actual 90% hate, 10% love emanated. Just compare his two posts and see how transiently his real person was displayed.

He claims he uses MT4 mobile app but ignorantly asserted that, that's not a problem, I could explain and teach him; but the problem was his affirmation. I could smell something fishy when he rhetorically asked: "And you woke up your wifey with that?"

We know them, I will soon help him with more pictures that will make him to do more of overthinking...

I will also provide him with answer but only if he is a true learner.

We are here to motivate, respect, teach, learn, unlearn, relearn and show love ---- don't come here hating, you will not win.

Many respect to you.

beejaay:


Nigerians and ass licking.. There is nothing wrong in what he asked.. Every forex thread world over work to unravel mystery even from top traders.. Anyone can lie and anyone can have an hidden agenda(sometimes its not even monetary but otherwise).. The guy never abused or insult but ask question, and he was even humble enough to call himself a learner so why the unnecessary ass locking.. The guy has the right to ask and the other guy have the right to not answer, it's never a must.. Make we chill abeg

Pls sir go and look up the word ass licking, so you can apply it properly when the appropriate circumstance arise. I've no case with anyone and I don't intend too. Like i stated earlier let's apply moderation to all thing.
I know what I read and I know how it sounded. I

samfelly:


Kindly send me a mail. I don't know how to avoid being ban by bot. If I reply u here, bot will ban me for spamming

Pls can you drop your mail, I tried send you one from here, i guess it's not going

CopyJoe:


One of the things I learned from demo trading was not to try to recover losses very fast.

That's, take a break after a losing trade. Relax and know why you lost the trade.

That way, you'll save the pips you could have lost back as a revenge trade.

And most times, after taking a break, I come back to make even more.

Whenever I trade immediately after losing because I want to quickly recover my losses, I experienced more losses.

I lost 40 pips today. I am not even moved.

I know I need just one good trade to recover.

And since I don't doubt my strategy and I have made good pips with it in the past, I believe I'll make even more.

hard luck, it is part of the business
Great men always say failure/loss is part and an ingredient for growth and success.

Today is FOMC minutes & US rate decision that is why it is ranging

MONEY247:


This one I just entered.....I don't usually calculate the pips ...like that as long as it is under the swing low or swing high.....


It's a NGN Account...for now...I also trade dollars account like that...

Update in this trade..... remember it's a short one...and I use an indicator based strategy....

CopyJoe:


Wow!!!

How do you people do this?

No stop loss and 10 trades

I never get the mental capacity to do am.

Not all the time boss..like today when red news go dey i use s.l...lets say like 50 % of the time

VlamesIffect:


Not all the time boss..like today when red news go dey i use s.l...lets say like 50 % of the time

Okay.

VlamesIffect:


No stop loss boss...i can open up to 10 trades mixture of buy and sell in one week.

Ok. Draw your SR lines on major reversal points. Allow your trades to run until at least one of your trades hits its own S/R depending on what's obtainable. When one hits, close all positive trades and let the reds run if the day is not Friday. Look for new opportunities, while letting the red run. However, on Friday if your floating trades after closing previous ones is positive close all trades and wait for a new week. Otherwise, let it run until another trade hits its S/R and you close all positive trades.
That's how I take profit. I don't like too much brain work when trading.

Is this mitigation blocks and breaks strategy?

jsheng:

If my system says buy... I buy and make money
If it says sell.. I sell and make money
Which ever ways... I must make money