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Forex Trade Alerts: Season 23 - Business (251) - Nairaland

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Re: Forex Trade Alerts: Season 23 by Donsheddy: 7:42pm On May 19, 2023
i learnt alot this week...
So i made so few changes to my risk management now using a wider sl of about 46 pips and it looked very promising ....
I will be drop two analysis...
One for when i was using closer sl and when i used wider sl

6 trades this week.

Day 1 - 2 trade. 10pips profit and 23.5 pips loss

Day 2 - 1 trade 23.5pips loss

Day 3 - 1 trade -16 pips loss

Day 4 - 1 trade 77 pips profit

Day 5- 1 trade 63 pips profit

Total profits 77 + 63 = 140 pips

Total loss 16 +23.5 +23.5 = 63pips

Closing profit = 140 pips - 63pips = 77 pips...

Risking 0.35% per trade with 0.15 lots...

Profit for the week = 1.10%

Max. Profit attained this week. = 1.10%




This is the result when i used wider stoploss
https://www.nairaland.com/7689508/prop-firm-strategy-testing-ground
This is the link where i was testing the wider stoploss before implementing it here....

5 trades this week.

Day 1 - 56 pips profit

Day 2 - 33 pips profit

Day 3 - Minus 16 pips loss

Day 4 - 77 pips profit

Day 5- 63 pips profit

Total profits 56 + 33 + 77 + 63 = 226 pips profit

Total loss = -16 pips

Closing profit = 226 - 16 = 210 pips profit

Risking 0.46 % per trade with 0.1 lots...

Profit for the week = 2.10%

Max. Profit attained this week. = 2.10%

Max loss in a row = - 0.16%

D. D from initial starting balance = -0.35%



I will start working with the wider sl seems a bit stress-free and easy...
Cus ones i take a trade its either stop loss or take profit that way i wont miss out on good trade...
I can only close manually at the end of the day weather in loss or profit....
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 7:45pm On May 19, 2023
realone12:
Gold has been moving swiftly up and down for some days now..you mean off all this up and down moves, non of your trade has hit stop loss yet?
I have a 100% winning strategy, it doesn't matter what gold do, I'll still make profit.
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 7:46pm On May 19, 2023
lot size closed

Re: Forex Trade Alerts: Season 23 by HumbleTrader: 7:49pm On May 19, 2023
For those of you still in doubt, here's my current account balance after taking those small profit.

Re: Forex Trade Alerts: Season 23 by HumbleTrader: 7:56pm On May 19, 2023
Another one

Big lot size, closed.

Re: Forex Trade Alerts: Season 23 by iichidodo: 7:58pm On May 19, 2023
HumbleTrader:
As you can see my account is fine, it has increased slightly to 110% in profit.
Yeah, yeah...We have been there...done that. We know how this goes. So forgive us, if we're not moved the slightest because there's no such thing as a 100% strategy even the A.I at Goldman Sachs built by mathematicians and scientists from MIT to trade FX do fall short now and then....not to talk of your show offs...please.

5 Likes

Re: Forex Trade Alerts: Season 23 by HumbleTrader: 8:03pm On May 19, 2023
iichidodo:
Yeah, yeah...We have been there...done that. We know how this goes. So forgive us, if we're not moved the slightest because there's no such thing as a 100% strategy even the A.I at Goldman Sachs built by mathematicians and scientists from MIT to trade FX do fall short now and then....not to talk of your show offs...please.
I was on my own minding my business before I was called out, I came, I brought proof, but ended up being called a show off.

It is well.

3 Likes

Re: Forex Trade Alerts: Season 23 by Emmizay12(m): 8:06pm On May 19, 2023
HumbleTrader:
Another one

Big lot size, closed.


share your investor password let us have a good look at your 100% winning strategy

i want to learn from how you execute your trades

2 Likes

Re: Forex Trade Alerts: Season 23 by HumbleTrader: 8:11pm On May 19, 2023
🙄 I'm not doing anything special.
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 8:14pm On May 19, 2023
Another one, those in doubt can always ask for proof.

Re: Forex Trade Alerts: Season 23 by iichidodo: 8:19pm On May 19, 2023
HumbleTrader:
I was on my own minding my business before I was called out, I came, I brought proof, but ended up being called a show off.

It is well.
Try to make calls with analysis...Show workings...Make one or two inputs that can be of help to people out there... Instead, what you're doing could be called scam...You make two trades simultaneously, one goes red, the other goes blue....You post the blue ones here without any precalls of how it came about...Then you wait for the red ones maybe in another decade to turn blue and then boom..you run over here to showoff..It's no wonder, you call yourself swing trader. Right now, I am very sure there are big red liabilities on that gold in your account that you are hoping it will miraculously turn blue...you better close them down because gold is not coming down for the foreseeable future....sope otilo..

9 Likes

Re: Forex Trade Alerts: Season 23 by HumbleTrader: 8:30pm On May 19, 2023
iichidodo:
Try to make calls with analysis...Show workings...Make one or two inputs that can be of help to people out there... Instead, what you're doing could be called scam...You make two trades simultaneously, one goes red, the other goes blue....You post the blue ones here without any precalls of how it came about...Then you wait for the red ones maybe in another decade to turn blue and then boom..you run over here to showoff..It's no wonder, you call yourself swing trader. Right now, I am very sure there are big red liabilities on that gold in your account that you are hoping it will miraculously turn blue...you better close them down because gold is not coming down for the foreseeable future....sope otilo..
You better respect yourself, I'm simply trading and posting my profit, I didn't ask you or anyone for anything, you better watch your mouth.
Re: Forex Trade Alerts: Season 23 by Tradinggiant: 8:33pm On May 19, 2023
iichidodo:
Try to make calls with analysis...Show workings...Make one or two inputs that can be of help to people out there... Instead, what you're doing could be called scam...You make two trades simultaneously, one goes red, the other goes blue....You post the blue ones here without any precalls of how it came about...Then you wait for the red ones maybe in another decade to turn blue and then boom..you run over here to showoff..It's no wonder, you call yourself swing trader. Right now, I am very sure there are big red liabilities on that gold in your account that you are hoping it will miraculously turn blue...you better close them down because gold is not coming down for the foreseeable future....sope otilo..
boss free that Guy, the guy na nuisance.
Person way ask for 15% daily drawdown for competition .
Don't worry, @Humbletrader , We will give only you 50% daily drawdown while the rest of us trade 2% daily drawdown.

3 Likes

Re: Forex Trade Alerts: Season 23 by Tradinggiant: 8:34pm On May 19, 2023
HumbleTrader:
You better respect yourself, I'm simply trading and posting my profit, I didn't ask you or anyone for anything, you better watch your mouth.
what is the house doing with your profit How can it be of help to the house ?
Just answer me with no hard feeling.





Weekend done start like this.

2 Likes

Re: Forex Trade Alerts: Season 23 by iichidodo: 8:42pm On May 19, 2023
Tradinggiant:
boss free that Guy, the guy na nuisance.
Person way ask for 15% daily drawdown for competition .
Don't worry @Humbletrader , We will give only you 50% daily drawdown while the rest of us trade 2% daily drawdown.
15 what?! This vindcates our theory on his scams..15% so that the big reds can miraculously turn blue. And I am sure he also asked for time, like two months for the competition?

1 Like

Re: Forex Trade Alerts: Season 23 by iichidodo: 8:45pm On May 19, 2023
HumbleTrader:
You better respect yourself, I'm simply trading and posting my profit, I didn't ask you or anyone for anything, you better watch your mouth.
Sope Otilo ...
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 8:49pm On May 19, 2023
iichidodo:
15 what?! This vindcates our theory on his scams..15% so that the big reds can miraculously turn blue. And I am sure he also asked for time, like two months for the competition?
You are are pig, did I scam you, what is wrong with you, did I ask you for anything, I know you before.

- Repest yourself, respect yourself and for your life, don't ever quote my comment, stupíd fool.
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 8:52pm On May 19, 2023
Nigerians hate to see another person progress.

Here's another profit, if it pains you go and hug transformer.

1 Like

Re: Forex Trade Alerts: Season 23 by Tradinggiant: 8:52pm On May 19, 2023
iichidodo:
15 what?! This vindcates our theory on his scams..15% so that the big reds can miraculously turn blue. And I am sure he also asked for time, like two months for the competition?
lol.. boss I don't think it's scam. The guy day ignorant. Humbletrader is enjoying his beginners phase .

He doesn't know much about trading. person way say " Breakeven" will hit SL. U no suppose follow am argue

17 Likes

Re: Forex Trade Alerts: Season 23 by Tradinggiant: 8:53pm On May 19, 2023
HumbleTrader:
Nigerians hate to see another person progress.

Here's another profit, if it pains you go and hug transformer.
NICE one boss . Drop signal for boys make we follow u chop small abeg.

U sef u no like make we follow u progress?

3 Likes

Re: Forex Trade Alerts: Season 23 by charly20(m): 9:34pm On May 19, 2023
HumbleTrader:
Nigerians hate to see another person progress.

Here's another profit, if it pains you go and hug transformer.


B00m99 was not this uncouth. Why did you change?
Re: Forex Trade Alerts: Season 23 by phemite194(m): 10:01pm On May 19, 2023
phemite194:


Wait for that pullback before entering, if it doesnt happen, would update on a new entry

Almost there, just little more patience....

Re: Forex Trade Alerts: Season 23 by HumbleTrader: 10:35pm On May 19, 2023
charly20:



B00m99 was not this uncouth. Why did you change?
For the past three month I've been active on this thread, trading and updating my progress, one ediot from nowhere will just come from nowhere and call me his father's name, when I track him and sue him for defamation of character he will understand how ambitious I can be.

For the past few months, I've been working hard, sleeping for 2 hours and trading for 22 hours everyday non stop, even on weekends I trade synthetic, and boom, I became profitable. I've worked too hard for someone to think I got lucky, devalue my effort or worst call me his father's name.

So don't ask me why I am uncouth, you didn't come out to challenge his stupidity when he said that nonsense, but by defending myself I've become uncouth.

Don't worry, I'll soon leave this stupíd thread.
Re: Forex Trade Alerts: Season 23 by realone12(m): 10:48pm On May 19, 2023
HumbleTrader:
I have a 100% winning strategy, it doesn't matter what gold do, I'll still make profit.
I laugh

1 Like

Re: Forex Trade Alerts: Season 23 by Kaybee7000(m): 10:53pm On May 19, 2023
Tradinggiant:
lol.. boss I don't think it's scam. The guy day ignorant. Humbletrader is enjoying his beginners phase .

He doesn't know much about trading. person way say " Breakeven" will hit SL. U no suppose follow am argue




Infact this his reply still shocking m till now despite the fact that his first claim here was to manage people acct but doesn't know what breakheaven means,the shock is shocking shockingly😂😂😂😂

5 Likes

Re: Forex Trade Alerts: Season 23 by Kaybee7000(m): 10:54pm On May 19, 2023
HumbleTrader:
For the past three month I've been active on this thread, trading and updating my progress, one ediot from nowhere will just come from nowhere and call me his father's name, when I track him and sue him for defamation of character he will understand how ambitious I can be.

For the past few months, I've been working hard, sleeping for 2 hours and trading for 22 hours everyday non stop, even on weekends I trade synthetic, and boom, I became profitable. I've worked too hard for someone to think I got lucky, devalue my effort or worst call me his father's name.

So don't ask me why I am uncouth, you didn't come out to challenge his stupidity when he said that nonsense, but by defending myself I've become uncouth.

Don't worry, I'll soon leave this stupíd thread.




Pls don't ,u can do that after comp,I wan learn from ur 100% winning strategy sir

4 Likes

Re: Forex Trade Alerts: Season 23 by HumbleTrader: 11:19pm On May 19, 2023
Kaybee7000:





Infact this his reply still shocking m till now despite the fact that his first claim here was to manage people acct but doesn't know what breakheaven means,the shock is shocking shockingly😂😂😂😂
I wanted to trade for others because I didn't have money to trade, but no one was interested, so I did labourer work (packing chicken shít) which from the proceeding I funded my cent account.

Since funding my account I've never requested to trade for anyone, so what exactly is shocking here?

2 Likes

Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 11:40pm On May 19, 2023
rainlover:
40-50 pips SL wow! That's a lot. How many RR do u target?
50pips SL is a lot? Funny!
What would you say about 268 pips then?
Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 12:05am On May 20, 2023
HumbleTrader:
I wanted to trade for others because I didn't have money to trade, but no one was interested, so I did labourer work (packing chicken shít) which from the proceeding I funded my cent account.

Since funding my account I've never requested to trade for anyone, so what exactly is shocking here?
Dear HumbleTrader,
You know what would put an end to your fellow traders seeing you as a fraud? Its either of two things;

1. Post your trade setups and analysis before the trades go into profits or loss (oh sorry, that's not in your journal) or better still..

2. Drop your trading account number, broker server and investor password, so anyone doubting you could simply plug in the details and see for his/herself what you do; seeing is believing you know.

Do this (the number 2 option ooh) and no pesin wey go get mind call you scam again, in fact we fit even begin rush to give you our accounts make you trade for us, we lick your shoes join till dem shine pass our faces.

6 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 12:16am On May 20, 2023
Donsheddy:


Na why stop loss dey dere na...
I don define my risk incase of massive drop....
I dey use one eye dey look bears sha...
But wetin eurgbp and usd dey show me...
Never make me trust the bears yet...
Maybe na next week we go continue....
And werkly tf gbpusd just bounced off my moving average..
I'm holding a short on that pair since the major resistance level 0.8730, I'm gunning for the minor daily swing low at 0.8660.
Re: Forex Trade Alerts: Season 23 by EmmanuelVi(m): 12:44am On May 20, 2023
dmahn:
Thanks all...@ all the bosses in the house Pls I need help. I opened my first ever live trade June 2021 cry. I'm still a newbie in this business and I believe there is a whole lot to learn. Pls what strategy do you use to identify false breakout. I use volume but sometimes it fails. Infact most of my losses are due to false breakout.. Have I been using volume in a wrong way? ... Why will price breaks out of a range with a mighty volume and it tends to be a false break when trading the retest... Pls help me cry cry

Thanks
First, can you read price action, do you understand it? If you do, then simply wait for the retest after the breakout, then a confirmation (by price action) before you finally go in and also double check to ensure the consolidation is clearly stated by price action.

2 Likes

Re: Forex Trade Alerts: Season 23 by rainlover(m): 3:51am On May 20, 2023
EmmanuelVi:

50pips SL is a lot? Funny!
What would you say about 268 pips then?
well, it depends on the timeframe and instrument. XAU and B.TC might require wider SL to accommodate volatility

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