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  • #67,141
  • Mar 6, 2025 7:13am Mar 6, 2025 7:13am
Quoting Skelebe
You can keep laughing all you want but know this very constant truth that forex trading is betting. Betting for your currency or asset to rise against the other. Now what is BETTING? It is not a noble venture and hell I can't even tell anyone I lost my freedom, time, money to forex trading. 99% of forex factory members aren't Christian or interacted with Almighty God at any time in their life and so why will you understand my submission? Anyone serious with his spiritual life and the love of knowing Christ will flee covetousness (GAMBLING). I'm...
I've been trading for over 10yrs, spending most of the time working a family business, reading, studying, spend time with friends and family. So I guess I'm a bad gambler too
  • #67,142
  • Edited 4:48pm Mar 6, 2025 7:15am | Edited 4:48pm
Short at 2905.5
Sl : 2935.50
Tp : Open
-----------------------
Sell limit at : 2915.50(filled)
Sl : 2935.50
Tp : open
----------------------
Sell limit at 2925.50
Sl : 2935.50
Tp : 2915.50
  • #67,143
  • Edited 7:41am Mar 6, 2025 7:16am | Edited 7:41am
Quoting MoneyorHappi
I would like to take this opportunity to receive some advice from experienced traders. I started with the forex market in October and managed to make a few hundred percent of my account, but in the last two weeks I went overboard and lost almost all my profit. Can you recommend some books that will change my perception?
wouldn't say I'm very 'experienced' since having traded only few years, but therefore at least more experienced than you my friend.

-> we all have done the same. Thereby, I'd like to ask you, how was your risk management when you made few hundred percent in a few months?
maybe you couple times even were ready to risk your whole account? since it wasn't enough money for you to care?
if you practice trading on a live account which isn't big enough to give you emotions, please remember risk management.
if you lose 10% from $100 account, you are mad but the $10 probably won't matter to you and you start to rage to win back.

I wouldn't recommend any technical book, (read them too), but my favourite trading (psychology) book I have read myself is 'Best loser wins' by Tom Hougaard.
-> you can also watch his lectures in youtube. but I recommend reading the book.
  • #67,144
  • Mar 6, 2025 7:32am Mar 6, 2025 7:32am
Quoting noobtrader8
{quote} wouldn't say I'm very 'experienced' since having traded only few years, but therefore at least more experienced than you my friend. -> we all have done the same. Thereby, I'd like to ask you, how was your risk management when you made few hundred percent in a few months? maybe you couple times even were ready to risk your whole account? since it wasn't enough money for you to care? if you practice trading on a live account which isn't big enough to give you emotions, please remember risk management. if you lose 10% from $100 account, you...
thanks for the book sir.
Hakuna Matata!
  • #67,145
  • Mar 6, 2025 8:07am Mar 6, 2025 8:07am
Quoting azhantahir
{quote} Nothing to lose and nothing to gain. Nothing can be done without confirmation. We are in the games of probabilities, not the games of certainties. Only you know yourself. Try to stay alive among 5% of the successful traders. Being humble and respectful. Consistency will come to you. IMO Is there any possibility of a breakout? Waiting is painful {image} {image}

Buy stop already running. But still in the middle of RED OCEAN. The probability is there. Just trade with honor.
Look right, we'll see the signs
  • #67,146
  • Mar 6, 2025 8:11am Mar 6, 2025 8:11am
Quoting noobtrader8
{quote} wouldn't say I'm very 'experienced' since having traded only few years, but therefore at least more experienced than you my friend. -> we all have done the same. Thereby, I'd like to ask you, how was your risk management when you made few hundred percent in a few months? maybe you couple times even were ready to risk your whole account? since it wasn't enough money for you to care? if you practice trading on a live account which isn't big enough to give you emotions, please remember risk management. if you lose 10% from $100 account, you...
I trade on a real account, my starting amount was $1000, I got to 6 and today I went back to 1000. I traded using resistance, support, candlestick formations and I used stochastic 20-80. When it comes to risk management, it was up to 2-10% but I admit that this week I was weak and I risked more (I wanted to get even.. ) Thanks for the book if anything I'm going back to work (unfortunately full-time ) regards
  • #67,147
  • Mar 6, 2025 8:14am Mar 6, 2025 8:14am
Sloppy bullish move. Sellers still cooking at the top.

Smells like fried chicken
  • #67,148
  • Mar 6, 2025 8:18am Mar 6, 2025 8:18am
continue on your way with a reliable strategy and psychology.
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Kafkas
Kafkas Return Today: na
  • #67,149
  • Mar 6, 2025 8:18am Mar 6, 2025 8:18am
Nothing new is happening find the long wicks, this is where the real tug of war is happening
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MY SITTING, NEVER MY THINKING!
  • #67,150
  • Mar 6, 2025 8:24am Mar 6, 2025 8:24am
XAUUSD(30mn)_20250306_151954
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  • #67,151
  • Mar 6, 2025 8:26am Mar 6, 2025 8:26am
Quoting blueRocket
XAUUSD(30mn)_20250306_151954 {image}

what are we looking at ? a cardiovascular diagram ?
MY SITTING, NEVER MY THINKING!
  • #67,152
  • Mar 6, 2025 8:28am Mar 6, 2025 8:28am
Quoting blueRocket
XAUUSD(30mn)_20250306_151954 {image}
Looking like an air traffic control holy smokes.
  • #67,153
  • Mar 6, 2025 8:30am Mar 6, 2025 8:30am
Quoting azhantahir
{quote} Buy stop already running. But still in the middle of RED OCEAN. The probability is there. Just trade with honor.
Price delivery. Equilibrium to Equilibrium. Targeting 2919, 2922, 2925, and above. Hopefully, another Old High. IMO
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Look right, we'll see the signs
  • #67,154
  • Mar 6, 2025 8:34am Mar 6, 2025 8:34am
Quoting blueRocket
XAUUSD(30mn)_20250306_151954 {image}
Same as my target, hopefully another breakout for a new high.
Look right, we'll see the signs
  • #67,155
  • Mar 6, 2025 8:35am Mar 6, 2025 8:35am
short 2913
vankiepsauff@gmail
  • #67,156
  • Mar 6, 2025 8:36am Mar 6, 2025 8:36am
Quoting merrygold
Nothing new is happening find the long wicks, this is where the real tug of war is happening {image}
Based on H4, prices need to break above 2922. If this happens, another probability for H4. IMO
Look right, we'll see the signs
  • #67,157
  • Mar 6, 2025 8:38am Mar 6, 2025 8:38am
Quoting vankiepsauff
short 2913
SL 2918, 15 lots
vankiepsauff@gmail
  • #67,158
  • Mar 6, 2025 8:44am Mar 6, 2025 8:44am
Quoting vankiepsauff
{quote} SL 2918, 15 lots
acceptable sell, strong major h1. In my opinion, prices bias toward buyers if refer to prices delivery (discount to premium) IMO
Look right, we'll see the signs
  • #67,159
  • Mar 6, 2025 8:45am Mar 6, 2025 8:45am
Quoting saal
There may be another opportunity soon Another trading signal for anyone still out gold buy limit 2895/85 sl 2883 tp1 2910 tp2 2920 tp3 2930 tp4 2940 tp5 2950
TP1 18$
Success is not final, failure is not fatal... - Winston Churchill
  • #67,160
  • Mar 6, 2025 8:45am Mar 6, 2025 8:45am
Buy tp2928 30 lot
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