I only trade daily chart, look same to me.

Final closing for fishing Wednesday. Liquidate all positions. Done for the week.

nice...normally which sessions you're most active scalping?

Session? Malaysia time 10AM->4AM, sweet spot milking hours for me.

thanks for sharing. wow long hours...you're really dedicated & hardworking

yeah was referring to asean/europe/us sessions...their normal stock market trading hours...so you work across all three sessions!

Yeah, now head banging late sleep. But done for the week.

Mid Feb 2020 salary. Leaving base capital in account. No more milking Cash Cow this week, resume next week.

Hi i just started forex trading, specifically XAUUSD 2 weeks ago. first week went well, managed to get usd3k profit.

unfortunately this week all my profit and deposit blown away.

any advice for me if i want to start copy trade?

xau is not forex...

learn risk management lah... specifically risk reward ratio vs win rate and risk amount per trade to determine lot/position size

say if your risk amount per trade 3%, you can lose 33 time straight before blowing up.

This post has been edited by dwRK: Feb 20 2020, 09:25 PM

Learn

1a) Money management, 2% per trade is high enough if you think 2% is too small probably your capital is too small.

1b) Psychology, staring at your chart all days and revenge trading can't make your capital double or triple.

3) Find any technique and time-frame that suite your time.

Commonly newbie straight learn no. 3

If your question is for "copy trade" I assume you are looking for MAM or PAMM or even Etoro.
In that case before you copy any trader's trade always make sure

1) Understand what risks the trader is taking by looking at the maximum drawdown.
Make sure your risk appetite is able to handle the draw downs.

2) Don't look for systems with crazy gains, seek for stability above market returns.

3) Look for the period the system is up for, prioritize systems with more than 1 year of track record.

All the best

Should have not traded today. But conditions are too good and favorable towards pattern what I’m very very familiar with. Small fishing today. Jigging technique, throw bait - fish on and pull out.



This post has been edited by hft: Feb 20 2020, 11:39 PM

This is normal. Trader gain some, then go bigger risk. Then blown everything. The first phase of profit is motivation to go bigger risks. End up loosing even initial capital.

Better safe than sorry, mid Feb 2020 milking Cash Cow bonus.

Catch of the day, more sardines.

I hope no one MC trade XAUUSD today

Gold really lubuk la to those keep buying

Forex trading is it considered legal nowadays?

gold tp done. look for high risk counter-trend setup next week... hehe

money changer == exchange, with front-desk/market-maker
bank/fca == exchange, with front-desk

rakyat can buy & sell with these ppl

so...imho... legal lor

This post has been edited by dwRK: Feb 22 2020, 08:00 AM