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  • #49,741
  • Edited 9:08am Jul 4, 2025 8:56am | Edited 9:08am
Quoting Rmg
{quote} I will go back to drawing board and learn to take predermind losses like a boss. Nice chatting with you.
What i learnt over the years is... it is extremely impossible to change mindset of people in trading.

My friend here in Toronto... we talk a lot .. he tried to change my mindset. Not possible.

He looks for best accurate entry, which is very difficult to get... i try to change his mind. But not possible. lol

And one more thing... when you look at chart.. you will think that you got the best ever entry price to sell.

When i look at chart, i will find from chart that... that is not price to sell.. and not only that... the pair is not supposed to sold at all.

At the end people look at chart in different ways.

Some days you may be right, some days, i may be right.

At the end market is right and if i am able to capture 20 pips, i am the winner.

If some one looking for 70 pips target today, he is looser
Intraday only.
  • #49,742
  • Jul 4, 2025 9:36am Jul 4, 2025 9:36am
Quoting navk
{quote} Seriously telling here, if someone unable to capture 20 pips cleanly in a day ( thinking of stop loss ), he needs to go back to drawing board
It sounds kind of harsh but if you are not, I should say can't, if you can't make 10 to 20 pips per day as a trader where is the problem? The 10 to 20 pips are there every single day so not getting it is on the trader himself.

1. what direction is the Daily trend and are you certain or hoping? Visuals work, definitely draw a trend line or use a 21, 34, 55 ema. The picture is either clear or choppy...drop down in time for clarity
2. are you using predetermined areas of support/resistance? An easy way to do this is by using Weekly Pivot Points and then Daily Pivot Points, put both on a chart...use an app so you have to do it manually on your chart to really connect with price movement. You might use Fibonacci's but everybody uses different anchor points whereas Daily Pivots are not subjective.
3. look for obvious issues for the day like price divergence against you using your favorite indicator (I like TDI because it nails divergences), specific reversal candles (very, very important)
Everything easy was hard at first
  • #49,743
  • Jul 4, 2025 9:43am Jul 4, 2025 9:43am
Quoting Rmg
{quote} You haven't answer my question.
The answer is, there is no exit. The trade never goes against him. Gazillionaire in no time.
It's a 20 pip target with no stop loss. As you have stated, it will work UNTIL IT DOESN'T.
  • #49,744
  • Jul 4, 2025 9:49am Jul 4, 2025 9:49am
Quoting pipmaster77
{quote} The answer is, there is no exit. The trade never goes against him. Gazillionaire in no time. It's a 20 pip target with no stop loss. As you have stated, it will work UNTIL IT DOESN'T.
If you have traded gbp ( in a private acc ), it is worth discussing, otherwise not.
But..wait.
See my statements posted everyday
Intraday only.
  • #49,745
  • Jul 4, 2025 9:51am Jul 4, 2025 9:51am
Quoting ocd
{quote} It sounds kind of harsh but if you are not, I should say can't, if you can't make 10 to 20 pips per day as a trader where is the problem? The 10 to 20 pips are there every single day so not getting it is on the trader himself. 1. what direction is the Daily trend and are you certain or hoping? Visuals work, definitely draw a trend line or use a 21, 34, 55 ema. The picture is either clear or choppy...drop down in time for clarity 2. are you using predetermined areas of support/resistance? An easy way to do this is by using Weekly Pivot Points...
yes. Right. 20 pips available everyday.
Then why people making mess ? Ending up as looser ?
Intraday only.
  • #49,746
  • Jul 4, 2025 10:28am Jul 4, 2025 10:28am
Quoting pipmaster77
{quote} The answer is, there is no exit. The trade never goes against him. Gazillionaire in no time. It's a 20 pip target with no stop loss. As you have stated, it will work UNTIL IT DOESN'T.
20 pips profit or Margin call as far as I see.
on a postive roll...
  • #49,747
  • Jul 4, 2025 10:30am Jul 4, 2025 10:30am
Quoting ocd
{quote} It sounds kind of harsh but if you are not, I should say can't, if you can't make 10 to 20 pips per day as a trader where is the problem? The 10 to 20 pips are there every single day so not getting it is on the trader himself. 1. what direction is the Daily trend and are you certain or hoping? Visuals work, definitely draw a trend line or use a 21, 34, 55 ema. The picture is either clear or choppy...drop down in time for clarity 2. are you using predetermined areas of support/resistance? An easy way to do this is by using Weekly Pivot Points...
I read your post now only in detail.

You are almost there..looks to me, but not so accurate.

Just open up eyes on different variables for entry.

See for example.

Brampton to scarborough = Almost 50/60 kms
Brampton to Missisauga = Almost 20 kms
BramptonWalmart to Brampton Timhortans ( just saying ) = 5 kms

If you always want to goto scarborough from Bramption, everyday, either you will miss the bus or take you backwards.

You measure and take a bus so that the bus takes you from Brampton to Missisauga.

Hope it is clear what i wanted to say
Intraday only.
  • #49,748
  • Jul 4, 2025 10:34am Jul 4, 2025 10:34am
Quoting Rmg
{quote} 20 pips profit or Margin call as far as I see.
In 20 pips you are getting margin call, sorry...long way to go.
Intraday only.
  • #49,749
  • Jul 4, 2025 11:11am Jul 4, 2025 11:11am
Quoting navk
{quote} In 20 pips you are getting margin call, sorry...long way to go.
5 pips are my maximum stop size for Cable.
No hope trades.
on a postive roll...
  • #49,750
  • Jul 4, 2025 11:58am Jul 4, 2025 11:58am
Quoting Rmg
{quote} 5 pips are my maximum stop size for Cable. No hope trades.
All depends on lot size with respect to capital.

Fpr me, 500 capital 0 1 lot size.

I think i posted elsewhere.

5 pips stop will get hit in single spike up or down

5 pips stop is out of FEAR
Intraday only.
  • #49,751
  • Jul 4, 2025 12:19pm Jul 4, 2025 12:19pm
Quoting navk
{quote} All depends on lot size with respect to capital. Fpr me, 500 capital 0 1 lot size. I think i posted elsewhere. 5 pips stop will get hit in single spike up or down 5 pips stop is out of FEAR
I give up mate you won.
on a postive roll...
  • #49,752
  • Jul 4, 2025 2:11pm Jul 4, 2025 2:11pm
Just checking in to see how Navk's trading journal/strategy is going.

BTW, does anyone know if there's a thread on FF that discusses prop firms?
Pride always comes before destruction.... -Proverbs 16:18
  • #49,753
  • Jul 4, 2025 2:14pm Jul 4, 2025 2:14pm
Quoting Expo33
Just checking in to see how Navk's trading journal/strategy is going. BTW, does anyone know if there's a thread on FF that discusses prop firms?
HA
  • #49,754
  • Jul 4, 2025 2:16pm Jul 4, 2025 2:16pm
Despite my positive outcomes at 5ers, last week they applied account based slippage to my account on my most profitable symbol. It ate some of my alpha but i am still making money there. The proof is that they have the top of the book in their orderbook on metatrader, and I always trade less than that and I still got slipped to Kingdom come as Matt Leach terms it. Its new but my account still remains in good standing and I continue to get paid without any issue.
  • #49,755
  • Jul 4, 2025 2:34pm Jul 4, 2025 2:34pm
Quoting pipmaster77
{quote} The answer is, there is no exit. The trade never goes against him. Gazillionaire in no time. It's a 20 pip target with no stop loss. As you have stated, it will work UNTIL IT DOESN'T.
if after 15 years of trading experience , he puts 1K into his personal account to trade this magic system , then I believe he can call himself a Master , just like you …
  • #49,756
  • Jul 4, 2025 2:38pm Jul 4, 2025 2:38pm
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_3102.jpeg Size: 500 KB


https://x.com/baynkr/status/1938215242724475083

https://www.arb-tg.com/
  • #49,757
  • Jul 4, 2025 3:00pm Jul 4, 2025 3:00pm
Quoting Stoneyrocks
{image} https://x.com/baynkr/status/1938215242724475083 https://www.arb-tg.com/
https://www.ots-capital.com/

Why do the websites read the same. OTS is a known scam.

Never heard of arb, in google search it also looks strange, lots of directory submissions but nothing interesting like press releases or financial statements. One "venture" that hasn't been active since 2021 is the most prominent part of the search.

I see red flags.

Rival systems looks interesting but outdated though.
  • #49,758
  • Jul 4, 2025 3:37pm Jul 4, 2025 3:37pm
Quoting Takisd
{quote} https://www.ots-capital.com/ Why do the websites read the same. OTS is a known scam. Never heard of arb, in google search it also looks strange, lots of directory submissions but nothing interesting like press releases or financial statements. One "venture" that hasn't been active since 2021 is the most prominent part of the search. I see red flags. Rival systems looks interesting but outdated though.
never heard of arb-tg ….
  • #49,759
  • Jul 4, 2025 3:52pm Jul 4, 2025 3:52pm
Quoting Takisd
Despite my positive outcomes at 5ers, last week they applied account based slippage to my account on my most profitable symbol. It ate some of my alpha but i am still making money there. The proof is that they have the top of the book in their orderbook on metatrader, and I always trade less than that and I still got slipped to Kingdom come as Matt Leach terms it. Its new but my account still remains in good standing and I continue to get paid without any issue.
Maybe they A Booking you on that symbol because you profitable so the conditions are worse
  • #49,760
  • Jul 4, 2025 4:25pm Jul 4, 2025 4:25pm
Quoting Novazor
{quote} Maybe they A Booking you on that symbol because you profitable so the conditions are worse
Its possible, but the other symbols are not far off. I don't know if they do that or not, if they do thats nice.
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