Karleb:


Next time just take the screen shots rather than snapping with your phone.

Windows key + print screen key will do that. That is if you are on windows.

blackman007:
Three important components of trading

* Risk/money management
* Psychology
* Strategy

A lot of traders focus so much on strategy, and not paying enough attention to psychology and risk/ money management forgetting that in a situation where your strategy and psychology fails, risk management is the only thing that can rescue you and give you an opportunity to trade another day....this is my opinion and I stand to be corrected.....

Mrbillionaire:
buy GU 2924 SL 2670 TP 3900

Buy AU 7157 SL 7000 TP 7470

Buy NU 6626 SL 6500 TP 6970

Sell USCAD 3306 SL 3440 TP 2620

Buy gold 1900 SL 1840 TP 2150

djwalata:
Time to go long

djwalata:

We r also improving at where to hide SL.
HAPPY PIPS to us all.

yungchop:
High guys.. Can I use my national ID slip to verify Hotforex account!?

djwalata:

We r also improving at where to hide SL.
HAPPY PIPS to us all.

peteregwu:


Yes!

yungchop:

I have two different addresses on my NIn and on my bank statement. Which address am I going to fill? My account manager is one hell of a snub

Shevychen2:


This is a fantastic question. In simple and clear terms, if you still feel the need to keep learning and tweaking your strategy, you are still a learner, pun intended (even if you're no longer blowing accounts).

Every successful trader will tell you that trading is boring. Why? They only repeat specific steps day in day out, year to year. Get a strategy, backtest it for 5-10 years, if it delivers good results (this is relative, but for people like us anything above 60% per year on average), forward test with real money for 2-3 years. That gives you over a decade of various market cycles. Any system that passes the test is good.

Don't forget to make a note of how different risk profiles affect the strategy. A strategy that will give you 350% a year but can go in 50-70% drawdown is useless. You will most likely crash that account when the drawdown hits. Reducing the risk to allow for a max 20-30% drawdown and making 100% per year on the other hand is a good way to ensure longevity. Some people with big capital (7 digits) will further reduce the risk to allow a max 10% drawdown and maybe 30-50% return per year. This explains why one trader can blow their account in one month while another trader using the same strategy keeps making money for decades non stop.

Make a note of the steps in the system and your ideal risk profile, then keep repeating it forever.

If you want to keep reading all the hipster forex strategies and techniques on the Internet in the name of gaining more knowledge, you're wasting your time. The teachers of the bulk of the so called knowledge don't have an account with a one year track record that hasn't blown up. Find what works, shut out everything else.

My answer goes against the grain of what the average person believes, but normal human psychology is why forex is hard for 99% of people anyway. Forex is different from other life scenarios where more learning improves expertise. In forex, more learning often means analysis paralysis or uncertainty in your mind.

If you haven't perfected a strategy, however, keep learning and keep looking for your own system.

Mrbillionaire:
I wish I could be withdrawing 7K everyday like Ive been doing for the past 3 days, with N24K capital.

I hope it's safe to ride this down

Theyoungmaster:
GU has printed a rising wedge. Let's watch for the massive drop.

Waiting for more confirmation.


Break-Retest-Entry

donchyky:

Bro can I send you an email? Please help newbies like us

ZedFX:
Good evening bosses in the house
I have a little issue.
I am planning signing up for a prop firm.
now the purpose of online threads like this is to learn from experience.
so I, therefore, beg any experienced fellow in the field of prop trading to enlighten me.
@pipsbasketings @infofirst @teemy @sycheven @meshpips @many others

Pipsbasketings:
Your answer is right here: 20mins long - he broke down the top 7 best trading prop firms, cons, pros, lot ratio, etc.
After you identify your best choice, visit their sites to know more about them.

Wishing you success in your prop career direction

https://www.youtube.com/watch?v=26Ioo1irvCI&t=183s

ZedFX:


thanks sir

more experience still welcomed

Pipsbasketings:
Another withdrawal completed today
5th and Final withdrawal of the month processed, wire transfer - usually gets credited in 2-3days, surprisingly.

#FXisreal #FXissweet #FXProfits CC: @Seun

Pipsbasketings:
Another withdrawal completed today
5th and Final withdrawal of the month processed, wire transfer - usually gets credited in 2-3days, surprisingly.

@Gasive - The GIF-master of FTA-NL, I've really missed those your GIFs, give me one for this - expecting......

#FXisreal #FXissweet #FXProfits CC: @Seun

Pipsbasketings:
Another withdrawal completed today
5th and Final withdrawal of the month processed, wire transfer - usually gets credited in 2-3days, surprisingly.

@Gasive - The GIF-master of FTA-NL, I've really missed those your GIFs, give me one for this - expecting......

#FXisreal #FXissweet #FXProfits CC: @Seun

Pipsbasketings:
Another withdrawal completed today
5th and Final withdrawal of the month processed, wire transfer - usually gets credited in 2-3days, surprisingly.

@Gasive - The GIF-master of FTA-NL, I've really missed those your GIFs, give me one for this - expecting......

#FXisreal #FXissweet #FXProfits CC: @Seun

Pipsbasketings:
Another withdrawal completed today
5th and Final withdrawal of the month processed, wire transfer - usually gets credited in 2-3days, surprisingly.

@Gasive - The GIF-master of FTA-NL, I've really missed those your GIFs, give me one for this - expecting......

#FXisreal #FXissweet #FXProfits CC: @Seun

blackman007:


Hope I can get to this level someday...

Theyoungmaster:
GU has printed a rising wedge. Let's watch for the massive drop.

Waiting for more confirmation.


Break-Retest-Entry

ProsperoTrading:


If you need Perfect Money, BTC and other cryptocurrencies, talk to me