Aremolekunowo:
I have checked out all your pages from 1 to 10 . And I saw a lot of improvements, but the only thing I see lacking here is your emotions need proper control. Number 2 you need to work more on your entries confirmations, dear brother if you are getting your entries confirmation right you will be more profitable
I recommend CCI confirmation. commodity channel index. You can watch YouTube videos on cci .or search for Tonye George of eqmarketsglobal video on how to use cci for confirmation entries . After watching I can now give u more inputs on the settings on your mt4 or 5 .
May the blue 💙 pips rains on us this year.

I just check it out bro.it based on indicator and I don't use indicator.i use pure price action with naked chart.i know my problem and I have been fixing it.i change strategy almost every week or month and main caused by media like twitter which I have log out since last week.when I see people posting huge profits with particular strategy.i try to learn it but I have stick to market structure which work for me this week.i just realised noting work in this market exept risk management and risk to reward work.thanks one again for your time.

abham:
Nice work Randy, driving to improve every week.

Thanks for the cheers up always bro

randy01:


Thanks for the cheers up always bro

Hello bro, what risk - reward ratio are you using?

Emmanuelofph:


Hello bro, what risk - reward ratio are you using?

1:3 most times

I set this order since yesterday.

randy01:
I set this order since yesterday.

SL hit

I have gone through this thread to read in-between lines about your fx journey and I will tell you that you did the best. I mean the very best!. There is a lot of improvement from you and I must say never ever give up!. What strategy works for those in Twitter you acknowledged might not work for you. So stick to your pure price action, risk management minus emotions you gonna hit the circle dart !🎯 Keep up the good work randy!!

Huracan:
I have gone through this thread to read in-between lines about your fx journey and I will tell you that you did the best. I mean the very best!. There is a lot of improvement from you and I must say never ever give up!. What strategy works for those in Twitter you acknowledged might not work for you. So stick to your pure price action, risk management minus emotions you gonna hit the circle dart !🎯 Keep up the good work randy!!

Blessed up bro.thank a lot for this word of encouragement

Good work Op.

One thing I’ve learnt about trading small account is the law of accumulation. Don’t always wait for price to hit your tp cuz most times it won’t. These guys know where we place our tp and sl, so they tend to manipulate price a lot around those zones.

For small account, if you see money, take money. Whether is 1:1, 1:2,1:3, 1:4 just take money and accumulate as much as possible

Mikocake:
Good work Op.

One thing I’ve learnt about trading small account is the law of accumulation. Don’t always wait for price to hit your tp cuz most times it won’t. These guys know where we place our tp and sl, so they tend to manipulate price a lot around those zones.

For small account, if you see money, take money. Whether is 1:1, 1:2,1:3, 1:4 just take money and accumulate as much as possible

If I trade this way.my one win may never cover my two loss.sometimes you may be making win but 1 loss will swallow every win.if a trade is not giving me guarantee of 1:3.i don't need to trade.i saw 1:2 trade yesterday and it goes well but I did not take it.i don't need much trading just few.

Thanks for the input

IAmHim1:
randy

why do you think the market reverses direction sometimes

ie from buying to selling. whats that trigger

Market move around seeking liquidity before movement to original direction.which is why every TF from D1 to H1 tell you different story.we may be having an uptrend on D1 but when pull back happen.it will be completely downtrend on h1.while you are shorting continuously.you may forget we are in uptrend and your shorting on lower TF was just pullback.while waiting for tp to hit.market that has given better profit will reverse and stop you out for loss cuz pullback on higher TF is done now H1 is ready to move in original direction which is uptrend.

That's one of major reason.

IAmHim1:
randy

why do you think the market reverses direction sometimes

ie from buying to selling. whats that trigger

Image example of what am talking about.on November 7 audjpy was going uptrend but have pullback for three days.check H1 TF on second image.it was completely downtrend but notice how market shift back to uptrend aggressively cuz that's original direction.i hope I answered you well

IAmHim1:
lolx.

rayner teo isnt a real deal

check out inner circle trader on youtube first
start with month 1

any question you have, ill be here

Here's one of thing I don't like bro.you don't talk about others because what they are teaching is not working for you and moreover not everyone can understand ICT.you may use a whole one week to watch ICT videos from 2022 mentorship with 45 videos that has 20mins to 1 hr duration to latest silver bullet.watching those videos is not for newbies cuz you only need to pick little things and how will newbies understand valid and invalid fvg,order block,pd array, mitigation block e.t.c newbies don't need complicated material to start with.just support and resistance is what they need to understand how market move.if there's no demand and there is nothing to supply and vice versa.

Please I don't need any complicated material for anybody starting.

This image is from blueprint.
You don't need much to become profitable.just one strategy is all you need.take ten trade with your strategy first on demo for you to know how many trade you can win out of ten.when you see how many you win try another ten trade again for the second time. once you win same trade out of ten trade again.that is your strategy now you make plans about your personal risk to reward and risk per trade(risk management) to work with your strategy.no perfect strategy anywhere.everyone loss and learn to slow down when you are scaling up.time will come when you already have enough to afford different firm account.that time you can start risking big.cuz you know you can purchase another account or fund your trading account.those that usually flip $5 to $100 will not show you how many account time it failed.sometimes it may be number five attempt that will work but they will only show that number fifth attempt that works.trading start from your mind before you go on a chart

randy01:

I just check it out bro.it based on indicator and I don't use indicator.i use pure price action with naked chart.i know my problem and I have been fixing it.i change strategy almost every week or month and main caused by media like twitter which I have log out since last week.when I see people posting huge profits with particular strategy.i try to learn it but I have stick to market structure which work for me this week.i just realised noting work in this market exept risk management and risk to reward work.thanks one again for your time.

Your last statement says it all!

gbestovo:


Your last statement says it all!

Reality every struggling trader need to accept to become profitable.no magic strategy anywhere.Just manage the one you got.

Decide to sit back and trade today but no setup on my indice instruments.finger crossed

Been Infront of chart since Wednesday but nothing make sense on my watchlist.just pot go crypto world.took 2 loss earlier but am back up

First trade for today closed at Breakeven.

Current running trade on op.finger crossed

randy01:
Current running trade on op.finger crossed

SL hit

randy01:

I just check it out bro.it based on indicator and I don't use indicator.i use pure price action with naked chart.i know my problem and I have been fixing it.i change strategy almost every week or month and main caused by media like twitter which I have log out since last week.when I see people posting huge profits with particular strategy.i try to learn it but I have stick to market structure which work for me this week.i just realised noting work in this market exept risk management and risk to reward work.thanks one again for your time.

Number 1 culprit. Sometimes, I wish I could silence those guys...I only follow those who are right 8 out of 10. Although X will bring these nuisances to your newsfeed. The noise there....eeeehhhh.....

twosquare:
Number 1 culprit. Sometimes, I wish I could silence those guys...I only follow those who are right 8 out of 10. Although X will bring these nuisances to your newsfeed. The noise there....eeeehhhh.....

Except you logout twitter will keep bringing this guy's to your newsfeed.

randy01:

Except you logout twitter will keep bringing this guy's to your newsfeed.

Almost 2 years ago now I jammed one of those acclaimed guru with interesting results nice profits. He claimed to have been trading forex since 2006 we got talking and became somehow close he begging me to give him my account to trade and share profits together I foolishly agreed gave him my hfm live accout 250usd. This guy blew the account in just 9 days, he apologise and blame news and Asian usa conflicts.
He encouraged me and guides me to open synthetic account with deriv he said he is an expert in that one and news does not affect it went through the process open the account I was making little little profits he ask to run the Account so we can make big money I also gave him and he blew the synthetic in just 6 days, this mam opened over 20 positions on different volatility and jump.
Another silly mistakes I made in this journey was following and paying for signals especially all this Asians posing big profits online not knowing they are all fake profits simulations I may still list there names here so that anyone will not fall prey like me.
There is a particular popular one that use to make big noise on all social media space I paid 230usd they claim to have at least 90% winning rate they ended up blowing my account with there signals. One acclaim gold master guru o paid 70pm also successfully blow my account with his gold signals
Now this is my chosen ways of Trading now.
1. Risk management 35 pips max sl on trades
2 . Cutloss at the change of trend from my direction
3. Rrr 1:2:3
4.Risk per trade 0.15 to 0.55% max
5. Profits trailing on a good trending market .
With these one is becoming better day by day. Pls new traders stay from online signals groups they will damage your account and your emotions.except u are in a good trading community where ideas and trades are shared together stay away from all these people expecially the Asians pakistan and Indians signals group.

How una dey get mind pay for signals?

My thought always is if the guy is so profitable, he wouldn't need to sell anything

He would only need to compound his acct over few months and become a billionaire

If you can turn $100 to $1000 easily, what stops you from making $1m in a week?

Yet, na signal you wan sell to me for $100 lifetime. The math isn't mathing.