Kaybee7000:





Lolz u got my point comrade!!! People just dey cool cos of the Bleep up from the contest.This is contest and shows ur strength and weakness ,never and ever doubt urself but rather put more strength, we shall get there soon inshallah



To me,I have learnt a lot with diff comp have been participating!!!

Kaybee7000:





Lolz u got my point comrade!!! People just dey cool cos of the Bleep up from the contest.This is contest and shows ur strength and weakness ,never and ever doubt urself but rather put more strength, we shall get there soon inshallah



To me,I have learnt a lot with diff comp have been participating!!!

Dfxmoney:
RISKING 1% ON THIS

saintfaculty:
If I spot a double bottom pattern on 15mins within d box, I will sell this asset to the blue area.

Gozzylala:



Bro, the other trade you risked 2%, you're risking 1% on this, you don't want to keep going in that direction because it's a sure way to hell

Dfxmoney:
RISKING 1% ON THIS

exmaysn12000:


True talk. I assume someone of his username, (d FX money) should know better.

Gozzylala:



Bro, the other trade you risked 2%, you're risking 1% on this, you don't want to keep going in that direction because it's a sure way to hell

exmaysn12000:
My personal opinion

@infofirst
Is it possible you use similar trading objectives @gabsonfx used during his competition? Limitations to only Forex pairs, lot size cap similar to TCF on different pairs.

I believe it takes consistency to squeeze out 5% with those parameters, what we have presently doesn't reflect any consistency at all. It is a game of luck.

Feshizzy:


Na only this nonsense you sabi post,
You are just bitter and beefing others are doing well, now you are trying to put in limiters to favour you.

Feshizzy:




Someone is busy trading, these busy bodies are busy judging.

Please if you don't have something else to say just Shut up,
He did not put his trade out here to be insulted.
Not even from the likes like you too, when the only thing you do is talk.


You guys would complain that we refuse to share our trade entries and when we do, na careless backlash dey follow am


If you know better, you should post your trade analysis like he has done, to show him what he might have missed.

Not this nonsense both of you are doing.


Bro, I've always noticed how you respond insultingly to people's statements, but I won't go that low with you. If you understand consistency and risk management, you'll see no harm in my response to him.
Now that you have poured out your anger, are you satisfied, are you happy now? Hope you're calm now brother?

Feshizzy:


Please ignore those careless niggas and continue to trade your trade,
You are doing well.

boom99:
Looks like EURGBP ready for a sell

infofirst:
Kindly stop looking at who is leading and his or her trading attributes. Pick only the lessons from his trading results. I have stated repeatedly that aside from the first position. I can choose to do otherwise. The otherwise is responsible and yet effective trading outcomes getting rewarded. Folks left their trading open so we can learn from it and not bitterly criticize their trades

Thou this might be a competition but the truth is to pass the first phase of the prop firm especially when trading 100k and higher, you must take some heavy risk.
If the number one is over trading? show us your own under trading and your results.
Some of us complaining now are only unlucky and got disqualified because we over trade as well. Let the person enjoy his over trading, time will tell if he is good or simply gambling

Eurgbp is never going to help you to pass prop firm except you take high lots sizes which is risk on her own too.


Lets love and respect one another.
Can number one kindly share some tips with us on how he spot his trades entries and exits?

boom99:



This pair not my friend

infofirst:
Kindly stop looking at who is leading and his or her trading attributes. Pick only the lessons from his trading results. I have stated repeatedly that aside from the first position. I can choose to do otherwise. The otherwise is responsible and yet effective trading outcomes getting rewarded. Folks left their trading open so we can learn from it and not bitterly criticize their trades

Thou this might be a competition but the truth is to pass the first phase of the prop firm especially when trading 100k and higher, you must take some heavy risk.
If the number one is over trading? show us your own under trading and your results.
Some of us complaining now are only unlucky and got disqualified because we over trade as well. Let the person enjoy his over trading, time will tell if he is good or simply gambling

Eurgbp is never going to help you to pass prop firm except you take high lots sizes which is risk on her own too.


Lets love and respect one another.
Can number one kindly share some tips with us on how he spot his trades entries and exits?

karkinase:
In this business no size fits it all.. but following the bandwagon is how u lose ur money quick or won’t make any money at all.. Risk 2% Risk 1% only is just bullcrap. Define ur own risk management style that allows you to survive in the market multiple times. I might see a very clean setup and decide to risk 5% depending If I still meet my daily dollar requirement.

VlamesIffect:

A very clean setup doesn't mean you can't lose boss man. Would you rather lose the 5% at once or trade 5 clean setup with 1% risk each......
Just like we have defensive driving. Me i apply defensive trading...
Moreover as you said there's no general rules to follow. You do what is best for you....

Elliotwaveforec:

I'm in

ILovebigyansh:


As usual. Very few people are profitable. The rest lose.

The stats from all these trading contest shows that the profitable traders in the long run are the BROKERS especially dealing desk / market maker brokers.

Imagine taking the opposite sides of all the accounts lost compared to the winners. Good money.

While some people na risk management kill them.

On a Good day due to the intraday stop loss or drawdown of 5%. Person no suppose dey risk pass 0.5% on a trade which is $50 on a trade which is also dependent on the win rate of the strategy.

But i saw people say they use five 0.1 lots at once gbam.

Some people it's greed Trading very volatile instruments with tight spreads. Crypto, gold, indices. Silver is worse na demon from hell.

I remember a contest last year someone was doing amazingly well scalping for over 2 weeks profitable wins. DAX 30 in just 1 trade gone bad messed up his equity (balance + profits).

Well, hopefully all of us will get better as the financial year goes on.

Gozzylala:
Five fundamental rules of trading
1. Anything can happen in the market. Nothing is certain, it takes one trader to negate the outcome of your analysis.
2. Each moment in the market is unique. This is because there are different participants with different opinions of the market each day
3. There is a random distribution of wins and losses. You never the sequence that your wins and losses will come.
4. You don't need to know the outcome of the next trade to make money in the market.
5. Your edge is just an indication of a higher probability of one thing happening over another.
I got this from Trading in the zone by mark Douglas.
If you know and accept these rules, it'll help with your trading mindset and risk management.
I think a trader should be consistent in his approach to the market to stay long in this business. Consistency includes staying consistent in his method of analysing the markets, selecting his levels and pois, how to break even, how to take profit, how to partial, what to risk per trade, how to scale in and out, time-frames for analysis and execution etc
Essentially doing the same thing over and over again. If no trade outcome is certain regardless of how beautiful the setup is, why will I increase my risk?
Btw, how I go take post charts here, don't know how to go about it, anyone help?