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Forex Trade Alerts / Discussions: Season 25 - Business (70) - Nairaland 1r7136

Forex Trade Alerts / Discussions: Season 25 (65616 Views)

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BTroMax(m): 7:18am On May 28
Maroka5:
Good morning πŸŒ„

Yeah πŸ‘. Big trade profit is rare. But small trades with frequent profits in accumulation is the real deal.

I learned this the hard way.

Yesterday I was expecting a long bullish continuation on the 4hr TF (on xauusd) and left my trade in profit hoping to reap some $500 Today. But I woke up this morning to see that my SL πŸ›‘ has been hit.😭😭😭

If I had scalped, those little profit would have been added to my equity by now.

Gold thought me a huge lesson πŸ™„πŸ’―
___
Abeg make I soak small "G4" tey cool my brain 😴🧠πŸ”₯

(U can me anyway)
..

4 Likes

Maroka5(m): 7:56am On May 28
BTroMax:


Yeah πŸ‘. Big trade profit is rare. But small trades with frequent profits in accumulation is the real deal.

I learned this the hard way.

Yesterday I was expecting a long bullish continuation on the 4hr TF (on xauusd) and left my trade in profit hoping to reap some $500 Today. But I woke up this morning to see that my SL πŸ›‘ has been hit.😭😭😭

If I had scalped, those little profit would have been added to my equity by now.

Gold thought me a huge lesson πŸ™„πŸ’―
___
Abeg make I soak small "G4" tey cool my brain 😴🧠πŸ”₯

(U can me anyway)
..

Ah, this one is nor be small soak o.. na HUGE soak be this o! πŸ˜€

I learnt the hard way too on Monday. I had a M1 order block mapped out and took a sniper trade on Monday. My entry was really close to Monday's low.. I thought that would be the low for the week. I have a rule to scale out after reaching a level, but I was confident we going reach for the moon from here onwards.. I was up during Asian session on Tuesday, something said scale out now (after that push during Asian early hours), I rebuked the thought of scaling out and went to bed. You can image how I felt when I woke up.

We have to be disciplined and learn to take the crumbs off the big pie.

2 Likes

Pipsmarshall1: 8:10am On May 28
I'm HIM of gold trading.

Gold was just violent yesterday. Trade closed

2 Likes 1 Share

OfficialP: 9:32am On May 28
BTroMax:


Yeah πŸ‘. Big trade profit is rare. But small trades with frequent profits in accumulation is the real deal.

I learned this the hard way.

Yesterday I was expecting a long bullish continuation on the 4hr TF (on xauusd) and left my trade in profit hoping to reap some $500 Today. But I woke up this morning to see that my SL πŸ›‘ has been hit.😭😭😭

If I had scalped, those little profit would have been added to my equity by now.

Gold thought me a huge lesson πŸ™„πŸ’―
___
Abeg make I soak small "G4" tey cool my brain 😴🧠πŸ”₯

(U can me anyway)
..

But it's those big profit trades that makes the difference at the end of the day. Right or wrong?

2 Likes

seeteazain(m): 11:02am On May 28
Pipsmarshall1:
I'm HIM of gold trading.

Gold was just violent yesterday. Trade closed

Agba trader

3 Likes

Pipsmarshall1: 11:12am On May 28
seeteazain:


Agba trader

My oga, i still get alot to learn
CeeJeckydivah: 11:43am On May 28
Good outlook today
Lanshile(m): 1:41pm On May 28
Lanshile:
Sell: Nzdchf: entry 0.49468
SL:60 pips
Tp: open

Price has shown that there is high tendency that the bullish run will continue
Closing nzdchf

Lanshile(m): 2:08pm On May 28
I had a buy on euraud from the point of 1.74667 but opt to close it and look for a sell on nzdchf with the believe that selling is always faster than buy. I was wrong, euraud moved faster than the Nzdchf trade.

LincolnOnyeabor: 3:37pm On May 28
Omo! TheProp got blown today.

Been so down since morning jhare.

4 Likes

bignero: 3:41pm On May 28
seniors in the house please how do i calculate pips in us oil?

abeg help a confused newbie
bignero: 4:07pm On May 28
LincolnOnyeabor:
Omo! TheProp got blown today.

Been so down since morning jhare.

boss, no vex...God go help replace that acct..

how do i calculate pips size in us oil, eg i wish to risk 20 usd of an acct size of 4700? thanks in advance

3 Likes

Donsheddy: 4:10pm On May 28
What I'm seeing

4 Likes 2 Shares

LincolnOnyeabor: 4:12pm On May 28
bignero:


boss, no vex...God go help replace that acct..

how do i calculate pips size in us oil, eg i wish to risk 20 usd of an acct size of 4700? thanks in advance
Na Prop??

What I use is that Mt5 tool oo.

It helps me to check how much it is I'm risking per trade.
russy1: 4:24pm On May 28
Donsheddy:
What I'm seeing
You see well shocked shocked shocked

2 Likes

BTroMax(m): 5:20pm On May 28
LincolnOnyeabor:
Omo! TheProp got blown today.

Been so down since morning jhare.

Bossmi take heart ❀️

Don't Let This Setback Define You.

It's completely normal to feel down after blowing a prop , especially when you've put so much into it.

Take some time to acknowledge those feelings, but don't let them consume you.

Every successful trader has faced setbacks, and this is just a part of the journey.

What to Do Next

* Analyze and Learn: When you're ready, go back through your trades. What went wrong? Was it your strategy, risk management, or emotions? Use this as a learning opportunity to identify areas for improvement.

* Recharge and Refocus: Step away from the charts for a bit. Do something you enjoy, spend time with loved ones, or just relax. Come back to trading with a fresh perspective.

* Refine Your Plan: Based on your analysis, adjust your trading plan. Strengthen your risk management rules, refine your entry and exit criteria, and work on your trading psychology.

* Stay Persistent: The trading world is tough, but persistence is key. This isn't the end of your trading career; it's a valuable lesson that will make you a stronger, more disciplined trader in the long run.

Keep Your Head Up

why you started trading in the first place. Your ion and dedication will get you through this. You've got this, and you'll come back stronger!

5 Likes

Ebus03(m): 5:42pm On May 28
LincolnOnyeabor:
Omo! TheProp got blown today.

Been so down since morning jhare.

I have just 35 dollars before my fundednext 5k blows. if the trades i am holding on euro and usoil hit my stop sad

1 Like

Donsheddy: 6:10pm On May 28
LincolnOnyeabor:
Omo! TheProp got blown today.

Been so down since morning jhare.

We've all been there... My bro no reason am... Absorb the pain, channel the pain into the right direction, the direction or gaining more knowledge and figuring out what you did wrong and how to correct it...
Thats what i always do when i lose an ..
And it has helped me to keep getting better and better And it has opened my eyes to alot of in the market

3 Likes

DXYY: 6:23pm On May 28
LincolnOnyeabor:
Omo! TheProp got blown today.

Been so down since morning jhare.

Sorry boss, I also lost my funded not long am yet to go over the trauma it caused me but what can we do, it will be fine

2 Likes

Maroka5(m): 6:29pm On May 28
We keep pushing, we keep evolving. Never giving up.

Maroka5(m): 6:35pm On May 28
LincolnOnyeabor:
Omo! TheProp got blown today.

Been so down since morning jhare.

Take time to reflect, learn, and grow. This happens to the best of us. It's all a work in progress and part of the process, but we must learn from our failures, strive to improve, and work to avoid repeating those mistakes.

1 Like

Petah(m): 6:39pm On May 28
LincolnOnyeabor:
Omo! TheProp got blown today.

Been so down since morning jhare.

It is a stepping stone to the next level. It can be painful. It is only through pain and screen time we get better. I know you will do far better even to payout in the next one.

2 Likes

blackman007: 6:53pm On May 28
Maroka5:
Good morning πŸŒ„
blackman007: 6:59pm On May 28
JasonNOTStatham:
Giveaway for traders 🎁🎁🎁
$50 from Fundednext
You have to sign up with FN broker, do KYC and receive the bonus.


If we directly without the link, can we still get the bonus??
blackman007: 7:06pm On May 28
Fxwarrior:
I can't access FundedNext site easily. What could be the problem?


I have noticed this since last week
blackman007: 7:15pm On May 28
Alexas58:

May the gods of forex trading be with you..

Reserve like two years to cry first!
And don’t fund or put any money into prop firms

Don’t buy any !


If you listen to what I’m talking you. You’ll know why many traders after knowing the game don’t have funds any more

Dedicate 2 years to learning before buying a prop firm or funding

FTMO
FundedNext
Deriv offer free demo s on prop firms

Choose 5k or 10k when you are using the demo

Gracias!






Any newbie who has ears let them hear the words from the gods
LincolnOnyeabor: 7:47pm On May 28
Thanks very much my bosses.

Thanks so so very much for the Conmraderie sirs.
Appreciate it.

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