It's live trades accordingly, want to become personal about it.Quote:
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It's live trades accordingly, want to become personal about it.Quote:
Originally Posted by ;
Virtually reaching 1000 percent but not quite.
Very bad, I have to say!Quote:
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Your USDCAD trade was a wonder. What system do you use or can it be a secret?
Regards
Jm
Just experience I guess. Failure is the best teacher.Quote:
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I believe the account speaks for itself and frankly that is just past greatness,such huge return in a brief period.
60k bagger coming up as yen futures are ripping now sending spot crosses lower. Should continue. Trade is on point and was.
Nicely done
why do brokers provide cent accounts? What is the point of this?
If I deposit $100, does it matter what it reveals in my equilibrium if I use exactly the exact same lot size?
https://www.nigeriaforextrading.com/...1137412930.jpg
why the traders give little kind of drogs at beginning? To fix the customers.Quote:
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With little cent accounts you'll be able to learn much about a broker, much much better then a demo account can perform, so cent account is best for broker and also for trader.
Its a deal for people that learn, examine brokers,dont have a lot of cash,.... Therefore a commercial help from the broker.
Whats the next move fam today that its 10/10 trade?
Hello jplazard. Made a usdcad trade. It is probably my last public trade here. In case usdjpy and usdcad trade reach the TP then I would surpass the goal of the thread.Quote:
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Boss, you know what you're doing. Seeing your journal gave me hope. Just a hint would be appreciated. Thank you Beforehand.Quote:
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Hey Supertrader9 before you depart would you do a video of a trade explaining your system? It would be very, very much appreciated.
Hey man, see the CAD exchange it still has a way to go. Look at /6C futures, its revealing CAD is going into almost no resistance. GL on the trade and keep beating.
Jibull: Thanks you for your kind words.
Forexholy: What I do could only be accomplished by someone with years of experience. I see the price and I attempt to make sense of it. What I could say is to concentrate on price and see if it is possible to produce a model from it. Concentrate on the majors.
Jplazard: The trade is connected. USDCAD went too far. Is it possible for it to hit sl? Yes, but among it's going to get to TP.
Hi Supertrader9, I haven't gone through the thread yet; however I like this update. Good spirit; and willing to adapt.Quote:
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leverage 1:1000?
Hi alphadude. Thanks for your kind words.Quote:
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entheos: 1:200 and 1:100.
Your own sl is too large (in pips) ! Good luck
Didn't see the way you did USD/CAD but the AUD/USD trade is really on point to brief. I simply shorted /6A stocks a couple of hours ago a bit over the .78 level. Even though AUD will be a standout following year with a rise in global interest rates at which commodity prices tend to follow suit (it turned into a commodity currency) its move up is over extended the previous five days. GL on the AUD brief as I'm on the Exact Same side with you
You have 400lot. Usdjpy,usdcad.Quote:
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If your acc. is 1:200,
margin is 200,000usd.
Its over your equilibrium.
since trade list is public, it is not hard enough to find out about these CAD trades.Quote:
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https://www.nigeriaforextrading.com/...w-methods.html
I guessed the CAD trade was about to go south as it broke major resistance on CAD futures to the upside. But hey, everyone has their own reasoning for entry/exit.
Equity. That is what you use to start transactions.Quote:
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So your broker will prevent you out by 10%, thats big broker risk within the weekend. Heavy to find that any broker is going to do this risk , I only did see that with imitation brokers.Quote:
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Compute it:
your 500:1 leverage (whats mad) is with 200 lots 40.000 usd as margin. So that your broker will get you a margin call by 4000 (in case your broker gets the 10 percent, but 10 percent is unbelievable low, the broker has big risks) and over the weekend the broker will have all the risk on his own website in order to lose extrem money? What a dumb broker is that? Are you sure its actual accounts, in demonion I can comprehend it, but in actual account the broker has to be mad and like to lose money with no advantage. Only a few pips move have extrem big value with 200 Lot.
For the rest: of course the margin will be computed from equity (what else????) , all will be computed from equity, equilibrium is useless in trading. But this ordinary fact will not help in your case until you are in win or possess calculated moneymanagement.
Edit:
now I rechecked on your broker website, now its very strange: the margin on your account is figured by :
Balance Max Leverage
$1 000 1:1000
$5 000 1:500
$20 000 1:200
$100 000 1:100
#8734; 1:33
so looks like you can only have this 1:33 or 1:100 leverage (but then you would have stop out flat triggered allready), or is the account a little cent account and this brokers calculates then the margin inside this cent account not as this equilibrium into account and recalculate it as real money balance (so splitted from 100)?
At least this is a extrem strange broker.
I really feel you. I came out of the same mentality. Trade aggressively. But at exactly the same time you haveta to know when to pull the plug. I would usually get out in 20-30% loss in worst case scenario. Managed to grow 30k to 200k with 50:1 leverage (with Oanda mind you). Then shit hits the fan..and I came back down. . https://www.nigeriaforextrading.com/...1525834443.png. But I managed to get 50k profit to show for it.Quote:
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I hope you get out of this soon. And like I said, these expansion % is only numbers flashing on screen unless you withdraw. Fantastic luck man
Thank you for your kind words.Quote:
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You must have at least a portfolio stop loss of 50 percent from equity. If that occurs; you want to cease trading which egy abd create a new one
This account demones that you are a excellent trader and you have ability to generate money from the market. so congratulations.
You simply lack self control and discipline so now you need to work on that part, if possible close trades and take money out of table and begin again using more subject again.
You might want to look at this wiki page: Gambler's fallacy. Https://en.wikipedia.org/wiki/Gambler's_fallacy
The gambler's fallacy, also known as the Monte Carlo fallacy or the fallacy of the maturity of chances, is that the mistaken belief that, if something happens more often than normal during a certain period of time, it will occur less often in the future, or that, if something happens less often than normal during some period of time, it will occur more often later (presumably as a way of balancing character). In situations where what is being detected is really random (i.e., https://en.wikipedia.org/wiki/Statistical_independence trials of a https://en.wikipedia.org/wiki/Random_process), this belief, though attractive to the human mind, is untrue. This https://en.wikipedia.org/wiki/Fallacy could appear in many practical circumstances, but is most strongly associated with https://en.wikipedia.org/wiki/Gambling, where such errors are typical among gamers.
It's funny the way the people is quick to judge someone else's issues forgetting that there is could be worst off.
Well this happens when you create your payments public,especially when you have something to establish which might just backfire.
I cant see that your purpose?Quote:
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Why in any situation you think the account reveals he is a excellent trader? You simply see most of the time losing transactions in this account (after account has been introduced). You cant judge transactions from background before account was introduced, this is impossible to judge because of easy to fake that wins. You have to learn the fundamentals or read the entire thread, its very important that you learn how to judge people and results right, having incorrect opinions about such things can kill a lot of your money in this organization. But is your decision.
I needed to check on my fav TE guy holey shit what happened? I took a hit on AUD myself but shut out. I really do agree its toppy here to get a little retrace. Hope you get back it but if you wanted to start running money like we PMd I would mind the drawdowns as that is scary . GL Man
Is this pair in selling LoLQuote:
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https://www.nigeriaforextrading.com/...1616962428.jpg
This is 100m sprint which has been walking round the entire world to be completed in a number of decades. Very different approach would be obtained.Quote:
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I believe AU will fall like a rock soon and he will hit his goal set within this thread name sooner or later.... Anyhow, even when he blows this account, it must be the money he can afford to lose, I am sure. He clearly explained why he does so publically within this thread. He knows what he's doing, don't worry.
why?Quote:
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Can you at least tell the people why you return to the conlusion?
Ofcourse he can afford to eliminate this money, looks to be an extrem small cent account (or perhaps demo account, I dont know that this broker), he's open many of the and presents some when has great wins previously.
But that he's knowing what he's doing you can see from what precisely? Near any trade after presenting was incorrect before now? You need to learn that you can only count rersults after presenting, before is uncountable. We really examine the exact same account?
I'm wondering about a couple of things about what you've presented here. First, you're clearly trading with higher leverage, right? And, in a previous post, I think you stated that you risk no greater than 2-4 percent (in Post 25 of the thread), which, if you're trading high leverage, is a fundamental necessity of trading (to trade with a stop). However, your open positions are way out of line with your stated rule. Why? In case you have a method, you have to have rules to trade by, and I'm wondering why you'd violate a principle? And what rules are you willing to violate? It seems to me that in the event that you don't follow your rules, then you don't actually have a egy.Quote:
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Second, I've been buying the A/$ for a week now (actually since mid-December), so I'm very happy that I've found the man on the opposite side of my trading. I understand why I'm buying the Aussie, but am curious as to why someone would be selling it now, besides a belief or trust that its going to fall like a stone, which seems like a lost notion for someone who risks money for a dwelling.
Well the runup actually complies with commodities which have been on a tear the previous month notably copper but it's literally had no pause and even though inflation percieves to have picked up, copper, steel and secondary metals should come down a bit this week (yet to be observed) in which AUD should retest lower. But yes, the general transaction is to be long until data PMIs etc reveal otherwise.
Yep, the market structure of this pair has been a screaming buy because mid-December, and while the bias stays up, there's room for caution in the coming week. But, there's also reason to think that there's more upside potential here, after a retrace or a pullback. Again, not sure why you would bet on a drop here (yet), and to top this off error, construct a buy position here with numerous trades. To you new traders on the market, not construct a position in an adverse trading situation, only in a positive situation.Quote:
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