Davigle:


eku mrkt ooo, how wuna dey my FTA family.

with my humble experience if I were to give an advice, I would say that you should make those mistakes till you get tired of making those mistakes, because by then your brain would begin to avoid making those mistakes, this is just my humble take on the issue of indiscipline, as it is what I've noticed in my own journey. I tend to be a super impulsive trader, as I always jump into a trade at every market turn or signal that I think I'm seeing, I hate missing trades, it eats me up, but recently I just got super tired of making all those stupidily silly mistakes and I'm back to the lesson that boss infofirst has always preached on here. lately I'm not so eager to jump into a trade, I don't even mind missing the trade entirely, but b4 I enter a trade I have to be very sure that the trades meet all my criteria, and whenever I missed a trade that I've been waiting for, I always tell myself no problem, I'll just wait for the next bus (trade) and hope on it. I listen to the recent episode of words of rizdorm podcast here's the link if you wish to watch it to

https ://video.genyt .net/S6ehzf5SJO0

and during the interview, she stated that she got tired of making stupid mistakes and decided to stop making them, although it didn't happen over night. this is something I totally relate with and just my humble take on the issue of indiscipline... cheers folks

Nwadaka:
You just made my day, you can never be entirely disciplined. That's why we are humans. I'm still battling with the demon to a point that I go dey curse my self. Now I do it 1+1 =2, if the algebraic sum is not complete I'm not going in.

samfelly:
True confession: I LACK DISCIPLINE!

Succhrisfx:

Send an email to succhrisfx@gmail.com

Succhrisfx:
Selling gold
2426 sl:2436
Tp: 2336

BeginnerTrader:
Like I said earlier on Gold, today likely be indecisive. Tomorrow will confirm whether buyer on seller will take incharge. But good trade will come from Wednesday when the trend will be established. I can have a quick scalp tomorrow depending on early momentum.

LincolnOnyeabor:


Care to share what some of those things are sir
I'm focusing only on Gold henceforth hence I need to understand her ways.

The Pump last night nearly tore my Cent Account to shreds.

Make una epp me oooo.

F1re:
LDN🎯

Jameselias:
choose deel

F1re:


Lol, I think the profits overshadow the hard work, I was up at night today, the whole bearish move happened in front of me, I was looking for a solid retracement but it never happened, I even chop losses😂

F1re:
Done for the day🦅🎯

F1re:


Nothing special bro, go through my posts I've shared how I trade sometimes back, but here are some pointers that might help.

I mostly trade London open and do the opposite in New York.

A lot of times when it buys in London - it sells in NY and vice versa, I take advantage of that, it's evident in my trades.

I get signals mainly through market structure HH and HL, LL and LH, I used RSI for a while and stopped, it didn't work for me.

Then probably the last which might sound crazy lol, brokers hate me for knowing it because I take their money every day 😂

I don't have a bias, I don't come to the market with any sort of direction or thoughts, It's clean slate everyday, I don't look at any higher time frames at all, I only trade on the 15 minute and monitor moves on the 1 minute, I learnt this from Tom Hougaard.

I hope you you find this helpful.

F1re:
Bears running pips🚀

F1re:
Final exit 🚀🚀🦅

JasonNOTStatham:
Make dem det real oo

klinksd:
AUDUSD
Sell Limit

E: 0.6621
S: 0.6632
T: 0.6467
RR: 1:14

...always account for the volatility of spreads.
...may the blue pips be with us. 🥂

@Rickk
@thegoodnews
@wuyexzy01 et al {and others}.

...better food don land ooh...

klinksd:


Lol...thanks Chief.

...it follows good risk management nah, so it cannot be weird...but, I get your point bro.

Actually, it is a style that I developed for instilling my discipline in trading and reducing the volume of my losses. In retrospect, I observed that whenever my entry was right, it was usually within price lines I call traction levels. So I started minimising my SL strictly around those levels with spreads added for any entry. That way, if two traction levels are consecutively lost, it becomes unlikely that my analysis was right and I exit from any further entry for that trade.

Also, like you noticed, rarely do I take trades that have an RR of less than 1:4; that way, one winning trade after 2 or 3 losses can bring me to breakeven and preserve my live accounts.

My strategy is just with the Bollinger Bands {default settings} in mostly M15. I locate a point where the Upper and Lower BB visually acquaint each other with a {right trend} candle body course across one of both; then I track historically leftwards to pick their three traction levels {three BB levels} and place entries one after the other for only two levels, that's all.

The simpler your strategy, the better for your profitability in the long run; but you must always be patient to follow your strategy strictly.

May the blue pips always be with you. 🥂

klinksd:


Closed in nice profits, 6 pips shy of the TP for an RR of 1:7 with a haul of 114 pips, recovering the earlier loss.

Now waiting for the sell limit to be triggered.

🥂

GabsonFX2:
$50K Loyalty Account - Phase 1 Passed on day 1 - Attached

Extra $431 made on top profit target.

Win rate = 78.57%

14 trades

kozmicity:
Still nothing

Tinyemeka:


Thanks chief. Na Godwin. And a combination of luck.

I tend to always favour trend reversals so was on the lookout for when the ascending price was going to reverse. E shock me when the price blasted past 2075 and climbed to 2145. Decided to trade the retracement (best to enter early) and hope it will pull back to the 2000 I had in mind. We thank God.

I'm still learning my brother and like I said earlier, I combine Bollinger bands with RSI, A/D, starting from 1 month timeframe (to check for major support/resistance zones), then work my way down the timeframes to H1. I do that for all the major (and some minor) pairs until I see those that look ripe for reversal. Also check for any relevant news that may affect the pair I'm looking at.

Tinyemeka:


Did anyone sell on Gold since morning?
I still left the 2 trades open, no TP yet. One mind is telling me to let it ride all the way to 2000 psychological support zone. Another mind is telling me to close at 2010 which sits right on top of the SMA 10 line on the D1 chart and bottom line of the Bollinger channel on H4 chart. Major support.

In addition, Commitment of Traders report for Friday last week showed majority of traders betting long on gold, so there will be a reversal of this downtrend as soon as RSI enters oversold territory. For now D1 chart is showing RSI at 51.8.

I'm sorry I can't say where to enter any trade for now, if you hadn't sold when it was around 2100 early this morning. Situation is quite volatile, with a lot of conflicting news reports. The only safe place I'm seeing a short term buy, is around 1990, which might also change as time goes on.

Geovanni412:

Thanks boss.. This info would be used judiciously.

Sign up for fundednext acct and join their challenge from there,,,

It is even a good idea to start with the competition acct if you ask me

If nothing else, you will learn the meaning of key terms related to risk mgmt by force

parcydrix:


Idiot because of you I wasted my mb dey find the well rounded nyash 😁