GabsonFX:
My US$100K FTMO Account: Sharing the good and bad news all join - Let's learn some lessons.

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See what US$8K + became today.........Today is another day of profit share..........I will tell my story.

Last week, I achieved a profit of $US8K and decided to stop trading, so I brought my profit split date forward from 31st Nov to 4th November. 2days after, I saw a sure trade and entered, gbam, it went opposite, I fought back, changed my profit split back to normal 31st of November, then I regained some of the loss, at US$7K - I requested my date brought forward again to 4th of November (this was 3rd time). Then I saw sure trade, I entered, went opposite down to $3K - then I was ready to fight back, I requested the 4th time to change my date back to 31st but the system did not allow me; stated that maximum change is 3 - wow... na so battle begin oooo, I pleaded to ftmo support to do this as one time and last time, they said NO that it is in our agreement........chai, na so battle start oooo that I must bring up my profit in the remaining 2days to 4th of November.

Na so I entered M15 to scalp and intraday ooo, chai, see gold ranged throughout after that surge......profit became $400, chai, I fought and raised it to $878 profit, ftmo will close this account by today's close and share my 80% profit - then they give me another fresh $100K account tomorrow.

LESSONS HERE:
1. Read the agreement line by line, know the details - now I learnt on the job and from experience that maximum profit split is 3
2. When you make a suitable % profit, stop and start over on the new account given, only you can define what is suitable.
3. Stick to your gun: in this case, ftmo's profit split maximum change rule caused me to go to M15,,, CHAI
4. Protect your account at all cost: This is what has kept me going with them - it gives you another opportunity for another day - if I had lost this account, I'm game over with them........now see, though I gave huge money back to the market - I am still in the game, I will be getting another fresh $100K account after this profit is shared today/tomorrow..........PROTECT YOUR ACCOUNT AT ALL COST.

This message is just to show the house that I'm not here flaunting only the good parts of my trading career, I also have the bad side but I don't let them get in me.

Shalom

GabsonFX:
I still smiled as I made my profit split this morning even though it dropped from $8K profit to $878 cos I'm sure of a continuous partnership with FTMO, fresh account will land today after they send my 80% share.

Think about it, $878 profit is not bad o, at all at all na hin bad; it was just a 2-week trade. In fact, this withdrawn profit go fit take care of the ongoing FTA $50K challenge ending in 2weeks OR it takes care of the credit I promised the 1st 3 winners. I go still get change sef.

Fibonacci88, how is your verification going: this message may be for you, you feel better if you lost a challenge than when you win a challenge and lost the verification, in other words: it's more painful to lost a verification after a challenge is won than to lost a challenge. Now that you have won a challenge, make sure you protect your account at all cost: meaning, if your account is say $10K, 5% daily DD, if you lost just $500, you lost the account despite still having 9.5K left - it becomes useless.

Protect that account.How:
Put SL at all time, alternatively, stay glued to your device to watch when it almost hits the %DD.
Prior to entering a trade, measure your SL gap coupled with the daily %DD and use it to determine your lot size....then set your SL.

I hope to hear good news from you: like you have been funded.

GabsonFX:
I still smiled as I made my profit split this morning even though it dropped from $8K profit to $878 cos I'm sure of a continuous partnership with FTMO, fresh account will land today after they send my 80% share.

Think about it, $878 profit is not bad o, at all at all na hin bad; it was just a 2-week trade. In fact, this withdrawn profit go fit take care of the ongoing FTA $50K challenge ending in 2weeks OR it takes care of the credit I promised the 1st 3 winners. I go still get change sef.

Fibonacci88, how is your verification going: this message may be for you, you feel better if you lost a challenge than when you win a challenge and lost the verification, in other words: it's more painful to lost a verification after a challenge is won than to lost a challenge. Now that you have won a challenge, make sure you protect your account at all cost: meaning, if your account is say $10K, 5% daily DD, if you lost just $500, you lost the account despite still having 9.5K left - it becomes useless.

Protect that account.How:
Put SL at all time, alternatively, stay glued to your device to watch when it almost hits the %DD.
Prior to entering a trade, measure your SL gap coupled with the daily %DD and use it to determine your lot size....then set your SL.

I hope to hear good news from you: like you have been funded.

Donsheddy:


Boss
Please I made a mistake while trading...
I was experiencing network issues...
I wanted to place a trade in another account I didn't know I was still logged into my contest account and I opened a position mistakenly..
But I closed the position immediately thats the 1.50

KingPipmarshall:



GU update.

Rule1: Wait till the daily close before initiating a bias/trade

Broke rule one. Now I'm battling the regret emotion. Well it is what it is....

I'm waiting for the price to reject 1.38500 before selling.

KingPipmarshall:



I disappointed myself. Didn't follow my plan.

Donsheddy:


Boss
Please I made a mistake while trading...
I was experiencing network issues...
I wanted to place a trade in another account I didn't know I was still logged into my contest account and I opened a position mistakenly..
But I closed the position immediately thats the 1.50

GabsonFX:
That's good, you should be fine......go ahead

Donsheddy:


Okay boss.
Thanks

Succhris:

Be calming down na. Why are you moving with speed.

Fxwarrior:
Gold trade

Sellstop at 1785

Succhris:

Be calming down na. Why are you moving with speed.

Na this kain student, Succhris go dey cover book for exam; you no read for exam con plan to sit beside am - you don jonz be dat

Donsheddy:


Boss man...
Why person no dey fit see your trades naw

GabsonFX:
Na this kain student, Succhris go dey cover book for exam; you no read for exam con plan to sit beside am - you don jonz be dat

Donsheddy:


Boss man...
Why person no dey fit see your trades naw

Fxwarrior:
Possible gold trade for tomorrow

I may expect gold to reach 1786/88, then I should position a buystop at 1790 and possible Target at 1810 with stoploss at 1785

200 pips TP

Donsheddy:


Ah I'm not moving with any speed oh...
Na your back I dey boss....
No reason am oh...
Na initial gra gra

GabsonFX:
Na this kain student, Succhris go dey cover book for exam; you no read for exam con plan to sit beside am - you don jonz be dat

Succhris:


Initial gra gra on top 3%?
Na wetin go make me follow your trades I wan dey do now

Succhris:

I don't have a running trade. The market is looking decoupled.
Abeg boss Gabsonfx, no put mouth for this matter

Fxwarrior:
I am speechless.

Patience and discipline are 2 qualities I need so much. Learning how to sit on my hands.

shacore1010:
Good morning guys, please I NEED SOMEONE WHO CAN TEACH ME PLEASE. I HAVE REGISTRED WITH XM.COM AND FBS.COM AND I SERIOUSLY NEED TO LEARN THIS TRADE SO AS TO START EARNING EXTRA INCOME. I nor greedy even if na 100usd i make a month am ok.

cheehummer:
Please, how to calculate lot size for gold

Succhris:

I don't have a running trade. The market is looking decoupled.
Abeg boss Gabsonfx, no put mouth for this matter

charly20:
Closed my gold order before she went crazy.
Apparently, I ignored some bullish signs but all the same I'm glad I listened to my analysis.

We are officially long on gold. Last week's high has been taken.