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Forex Trade Alerts: Season 23 - Business (989) - Nairaland

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Re: Forex Trade Alerts: Season 23 by Donsheddy: 8:48am On Dec 09, 2023
samfelly:


Don, sorry, my oga. I was terribly stressed out, yesterday. I just woke up now and saw that I typed nonsense sef cheesy grin. Abeg, I don correct am.

And, thanks for not quoting the email, as well. You are indeed A Don. More wins, top G

Ive sent it boss

1 Like

Re: Forex Trade Alerts: Season 23 by samfelly: 9:08am On Dec 09, 2023
dmahn:


Just knowing ones risk appetite is the way I guess, you might be comfortable risking 1% of your account on a single trade.. Someone like me hates to see that I have risked more than 0.50%. It makes me so uncomfortable that I can decide to close at 700 when the SL is 1000, and market might decide to fly to TP without reaching the SL....

I started having problem with my Situp challenge since the day I vex go do wetin them samfelly and Co dey do πŸ˜…πŸ˜….. I open 0.20 lots on UsOil on mobile, just small 5 mins candle 1% down already, I open laptop check how much I've risked, 7% if SL picked.. So I had no choice than to close prematurely 😁..

Summary : Use lots size according to your risk appetite

My oga, the experience you don gather for this market, so far, go save you, tomorrow. Keep taking proper noting of them. Cheers

1 Like

Re: Forex Trade Alerts: Season 23 by samfelly: 9:19am On Dec 09, 2023
greatcheer:
After 12months of Forex trading, going forward am sticking to this

$100,000 = 5lots
$ 10,000 = 1 lot
$ 1000 = 0.2 lot
$ 500 = 0.1 lot
$ 100 = 0.02 lot

proper lot sizing
I have realised that this market was built in such a way that if ur greedy , u will still lose ur profits back into the market.
hope this helps some1

exceptions to this is if u have a very good A+ setup entry

cheesy Greatcheer, this your lot sizes na for the top 10 professionals o. Anyways, check out my own (image). I drew this plan using the lot size model in the 10k account Infofirst made for us in the Sit Up challenge

3 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by Supremefx(m): 10:05am On Dec 09, 2023
samfelly:


cheesy Greatcheer, this your lot sizes na for the top 10 professionals o. Anyways, check out my own (image). I drew this plan using the lot size model in the 10k account Infofirst made for us in the Sit Up challenge


Wouldn’t it be better to just know the amount you want to risk, and your stoploss price level

And calculate your lotsize from there.??


https://www.youtube.com/watch?v=QqAIHIvpNrg?si=xFRq7p5IVCQma94e

1 Like

Re: Forex Trade Alerts: Season 23 by Gasive: 10:06am On Dec 09, 2023
samfelly:


cheesy Greatcheer, this your lot sizes na for the top 10 professionals o. Anyways, check out my own (image). I drew this plan using the lot size model in the 10k account Infofirst made for us in the Sit Up challenge

This is exactly what I've decided to be using, and I still halve it further when trading indices and gold. It gives enough peace of mind and steady growth. I will recommend it to everyone.

I must commend Boss Infofirst for opening my eyes to slow but steady growth.

3 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by Ballzproblem2: 10:54am On Dec 09, 2023
Emmizay12:


Lol normally, wherever any of the best brokers with excellent services dey, we can never find you there.
I use FBS.


ciaoπŸ‘
Re: Forex Trade Alerts: Season 23 by samfelly: 11:02am On Dec 09, 2023
Supremefx:



Wouldn’t it be better to just know the amount you want to risk, and your stoploss price level

And calculate your lotsize from there.??


https://www.youtube.com/watch?v=QqAIHIvpNrg?si=xFRq7p5IVCQma94e

Before I go reply this, I'll have watch the video, first. Can't do that now cos I am on the road, already. Network would fluctuate like civil servants salary and the streaming will be intermittent

1 Like

Re: Forex Trade Alerts: Season 23 by karkinase(m): 11:34am On Dec 09, 2023
Heyyo guys.. hope everybody dey fine. Omo I say make I hibernate for a while concentrate on work activities. Hopefully next year we go hard again. I miss Una cool

6 Likes

Re: Forex Trade Alerts: Season 23 by MrDoGood(m): 12:06pm On Dec 09, 2023
GabsonFX2:
Nov 29 to Dec 15 Trading Cycle - Attached

Next withdrawal: Dec 15.

35 trades, 91.43% win rate === means, 32 wins, 3 losses

I have passed all the scale-up requirements on this account, thus I should be getting a 40% scale-up in January

Thanks for the update. I didn't make a bad choice then. Getting the fundednext account next week. I was skeptical, but I'm okay now because of you post

1 Like

Re: Forex Trade Alerts: Season 23 by realone12(m): 2:01pm On Dec 09, 2023
karkinase:
Heyyo guys.. hope everybody dey fine. Omo I say make I hibernate for a while concentrate on work activities. Hopefully next year we go hard again. I miss Una cool
karkinase the Great ICT student.. you absence was felt.. welcome back bro
Re: Forex Trade Alerts: Season 23 by Ibrahimlagosian(m): 2:39pm On Dec 09, 2023
Chai,my $25k account is still bleeding.lost an extra 1% after the 6% person lost.Guess I have began a new losing streak since after my friend took me back to square 1. grin
Took the first trade last week Wednesday and the second on Thursday.But Sha we can't control the market and we have to let it play out as it wish.
Nwadaka,I call upon you to update me please embarassed on how you were able to pull yourself out of the 6% drawdown you had on that your account.Your boy need guidance.

1 Like

Re: Forex Trade Alerts: Season 23 by Gasive: 2:46pm On Dec 09, 2023
Ibrahimlagosian:
Chai,my $25k account is still bleeding.lost an extra 1% after the 6% person lost.Guess I have began a new losing streak since after my friend took me back to square 1. grin
Took the first trade last week Wednesday and the second on Thursday.But Sha we can't control the market and we have to let it play out as it wish.
Nwadaka,I call upon you to update me please embarassed on how you were able to pull yourself out of the 6% drawdown you had on that your account.Your boy need guidance.

We have a resident doctor whose specialty is rescuing accounts in ICU, maybe you should reach out to him before it's too late.

2 Likes

Re: Forex Trade Alerts: Season 23 by MrDoGood(m): 3:14pm On Dec 09, 2023
Ibrahimlagosian:
Chai,my $25k account is still bleeding.lost an extra 1% after the 6% person lost.Guess I have began a new losing streak since after my friend took me back to square 1. grin
Took the first trade last week Wednesday and the second on Thursday.But Sha we can't control the market and we have to let it play out as it wish.
Nwadaka,I call upon you to update me please embarassed on how you were able to pull yourself out of the 6% drawdown you had on that your account.Your boy need guidance.

If your account is 25k, you've lost less than 1k which is less than 1 percent na.

Or maybe I don't understand you
Re: Forex Trade Alerts: Season 23 by Davigle(m): 4:07pm On Dec 09, 2023
GabsonFX2:
Gold

Gold up or down this coming week, I will not be trading gold (long or short) throughout next week.

Focusing only on USOil and US30 from Monday, I don't expect to trade on Monday, so looking at Tuesday to analyze.

Great to have you back boss, and as always you just confirmed my bias on both oil and US30, looking forward to short oil and long us30.

Gold did me dirty last week but I am learning everyday.

1 Like

Re: Forex Trade Alerts: Season 23 by Davigle(m): 4:11pm On Dec 09, 2023
karkinase:
Heyyo guys.. hope everybody dey fine. Omo I say make I hibernate for a while concentrate on work activities. Hopefully next year we go hard again. I miss Una cool

yeeeeeeeee, one of the elders is back πŸ€©πŸ„

1 Like

Re: Forex Trade Alerts: Season 23 by Davigle(m): 4:12pm On Dec 09, 2023
Gasive:


We have a resident doctor whose specialty is rescuing accounts in ICU, maybe you should reach out to him before it's too late.

sheeeesh shesh shish, comrade low your voice abeg no talk... ahh ahn, you want make wildfire start for here ni... 🀫
Re: Forex Trade Alerts: Season 23 by Ibrahimlagosian(m): 4:15pm On Dec 09, 2023
And who's that please, connect me to him ASAP cheesy
Gasive:


We have a resident doctor whose specialty is rescuing accounts in ICU, maybe you should reach out to him before it's too late.
Re: Forex Trade Alerts: Season 23 by Ibrahimlagosian(m): 4:16pm On Dec 09, 2023
That was because I was in profits before losing all and even some of the initial equity.
MrDoGood:


If your account is 25k, you've lost less than 1k which is less than 1 percent na.

Or maybe I don't understand you
Re: Forex Trade Alerts: Season 23 by Thunday1005(m): 4:17pm On Dec 09, 2023
MrDoGood:


If your account is 25k, you've lost less than 1k which is less than 1 percent na.

Or maybe I don't understand you
That 3.2%

1% is $250
Re: Forex Trade Alerts: Season 23 by Gasive: 4:28pm On Dec 09, 2023
Davigle:


sheeeesh shesh shish, comrade low your voice abeg no talk... ahh ahn, you want make wildfire start for here ni... 🀫

grin grin grin
Re: Forex Trade Alerts: Season 23 by Ibrahimlagosian(m): 4:28pm On Dec 09, 2023
Guy,are you a prop trader?,Is 3.2% a difficult drawdown to get out of?,how normal or frequent do prop traders hit 3.2% drawdown and above.I'm just curious because I'm feeling demoralized by the drawdown and seems to lose hope.
Thunday1005:

That 3.2%

1% is $250
Re: Forex Trade Alerts: Season 23 by Gasive: 4:31pm On Dec 09, 2023
Ibrahimlagosian:
And who's that please, connect me to him ASAP cheesy
πŸ‘€πŸ‘€
Re: Forex Trade Alerts: Season 23 by haryodehjia(m): 4:57pm On Dec 09, 2023
Donsheddy:

πŸ‘€πŸ‘€

Boss how far with phase 2? Have you received the login details for phase 2 for ACG?
Re: Forex Trade Alerts: Season 23 by Donsheddy: 5:06pm On Dec 09, 2023
haryodehjia:


Boss how far with phase 2? Have you received the login details for phase 2 for ACG?

Will complete the minimum trading days on Monday
Re: Forex Trade Alerts: Season 23 by Davigle(m): 5:19pm On Dec 09, 2023
Last week was superbly rough for me. I had a loosing streak all through the week except for Thursday. I was so fixated on my bias or where I wanted to see price go and this made me to lose sight on what was happening on the charts at the moment all because I ignored one simple fact. What was that fact, none other than market structure. I was so pissed with myself when I found my error, after the damage had been done. I felt that it was something that was pretty obvious but I wasn't seeing it because I was too married to my bias. As an ICT student, I trade off institutional reference points (I know it sounds cliche but it's similar to s&r or demand & supply but different) but I one thing I have realize in the markets is that for any concept to work it must have confluence of other factors before which puts the probability in it's favor. Overall I have been really bearish on the dollar and bullish on all asset paired against the dollar, but market structure on the lower timeframe hadn't align with the higher timeframe, the 4h and the 1h chart were in a bullish market structure all through the week on the dollar until Thursday where price made a market structure shift or choch as SMC traders call it. The big lesson I took away is that irrespective of what concepts one trades, never ignore market structure, and understand HTF and LTF market structure really well because that will help you to identify where price is or what market trend or profile price is in... I hope this helps some one here too. Cheers to everyone

5 Likes

Re: Forex Trade Alerts: Season 23 by Davigle(m): 5:26pm On Dec 09, 2023
Alright folks, here's my roadmap map for the week ahead and also as a bonus to any newbie here struggling with technical analysis you can make a request here on the forum and I will analyse any pair of your choice that you ask of me. I'm no expert nor a professional but I am willing to help a fellow noob.
Among the charts below, Aussie has my attention at the moment because the current price action looks optimal
Cc: abham, rhynoemmie, kozmicity, samfelly and et all

3 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by Davigle(m): 5:27pm On Dec 09, 2023
Major stock indices

Re: Forex Trade Alerts: Season 23 by Davigle(m): 5:28pm On Dec 09, 2023
Oil

Re: Forex Trade Alerts: Season 23 by Gasive: 5:28pm On Dec 09, 2023
Davigle:
Alright folks, here's my roadmap map for the week ahead and also as a bonus to any newbie here struggling with technical analysis you can make a request here on the forum and I will analyse any pair of your choice that you ask of me. I'm no expert nor a professional but I am willing to help a fellow noob.
Among the charts below, Aussie has my attention at the moment because the current price action looks optimal
Cc: abham, rhynoemmie, kozmicity, samfelly and et all

What are you seeing on gbpchf?
Re: Forex Trade Alerts: Season 23 by greatcheer(f): 5:29pm On Dec 09, 2023
samfelly:


cheesy Greatcheer, this your lot sizes na for the top 10 professionals o. Anyways, check out my own (image). I drew this plan using the lot size model in the 10k account Infofirst made for us in the Sit Up challenge

thanks o
I don screebgrab am for my next prop acct.
Re: Forex Trade Alerts: Season 23 by Ibrahimlagosian(m): 5:38pm On Dec 09, 2023
Nice one bro,I suggest you stick to simple price action on the daily and weekly time frame.
Davigle:
Alright folks, here's my roadmap map for the week ahead and also as a bonus to any newbie here struggling with technical analysis you can make a request here on the forum and I will analyse any pair of your choice that you ask of me. I'm no expert nor a professional but I am willing to help a fellow noob.
Among the charts below, Aussie has my attention at the moment because the current price action looks optimal
Cc: abham, rhynoemmie, kozmicity, samfelly and et all

1 Like

Re: Forex Trade Alerts: Season 23 by abham: 6:12pm On Dec 09, 2023
Great Analysis Davigle, the daily DR may likely see price drop lower taking this week's low on AU.

Davigle:
Alright folks, here's my roadmap map for the week ahead and also as a bonus to any newbie here struggling with technical analysis you can make a request here on the forum and I will analyse any pair of your choice that you ask of me. I'm no expert nor a professional but I am willing to help a fellow noob.
Among the charts below, Aussie has my attention at the moment because the current price action looks optimal
Cc: abham, rhynoemmie, kozmicity, samfelly and et all

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