All of you who still trading gbp are madlads.

Win big or bust lol.

just woke up. Glad I missed all the drama.

Now is time to trade for real lol.

Looking for a chance to long eurusd and gbpusd. Right now all the retailers probably bought in at the high.

I'd say let price drop a little first then I'll buy.

This post has been edited by Emily Ratajkowski: Dec 13 2019, 07:38 AM

don't gamble lol. Cannot make it in the long run one. not worth the sleep time

It's almost time to buy eurusd. Question is do it now or monday.

I'm starting my grid to buy. Will keep adding until 1.1100. An hourly close below that means long is invalid.

some interesting random things for your amusement:
This year, top performing fund made 69% return.
Lowest performing fund made -33%.

Didn't mention. I guess I could calculate it but I'm too lazy lol.

Top 20 funds averaging about 35%.
Bottom 20 funds averaging about -15%

This year you made anything more than 28% you're considered in top 20 fund manager.
If you lose more than 7%, you're in the bottom 20.

This post has been edited by Emily Ratajkowski: Dec 17 2019, 07:43 PM

Fed throwing in the kitchen sink today. They announce will start buying junk corporate bonds.

Just saying... Try not to be long usd from now on. Unless you want to go against the fed.

It is eur that's strengthening.

For the most accurate answer, plz go call your bank's remittance officer.

I know for a fact if the company is blacklisted in bnm's database, no matter what they won't let you transfer money with that source. If you transfer using other source like bigpay etc, you cannot receive back to our banking system.

But for example if you say you trade with oanda, tdameritrade, interactive broker, no problem.

You must always remember, forex is an inseparable part of the finance system. There cannot be such thing as forex is illegal. Otherwise your banking and financial system will not work. But because of ignorant people, who can't even differentiate what is a pyramid scheme vs real forex trading, bnm has decided to simply blanket ban all "forex" trading.

Trade with a reputable broker. Even if it is more difficult to open an account, or the fees are more expensive, it is ok. Best of all is to trade those multi instrument brokers like tdameritrade and interactive brokers.

Don't diss on other people's bowl of rice. Just because forex doesn't work out for you dones't mean it is true for other people.

I've traded bonds equity commodity options and forex. I just happen to like forex more than the other instruments. Doesn't mean I solely trade forex only as well.

And obviously there are some who do make a living trading forex. Like me for example. Although I can't say it's purely forex only.

Long story short, there is nothing wrong trading forex. All the issues with withdrawal and banking is caused by bnm who's trying to protect uninformed public. But I dislike it because the longer the public is uninformed, the longer the stigma on forex trading.

What is it you would like to know?

your question is too broad. I cannot answer that properly without typing an essay.
Plz narrow down.

A half assed answer:
You need consistency. And sufficient funds.
If your funds are too small, then it becomes hard to make a decent amount. If your trading strategy is buy and hold for 1 year, you also won't make it - unless you start with 100k usd. Then maybe at the end of the year if you make 20% profit, you can still cover your year expenses.

You must make enough on a consistent enough basis to justify trading full time.

You aren't wrong. You need to work towards consistency. Not necessarily every month consistent. But at least every quarter consistent.

What strategy are you trading currently? Indicator based trend following?

If you're trading based off s/r how are you having trouble with stoploss?

Just put your stop slightly further than the s/r

All I can say at this point is good luck.

Bonus advice for you. Hopefully it helps:
1)Buy at support, sell at resistance is a universal rule that works all the time, every time. It is forever true and will never change no matter how much time passes.
2)Your edge only tells you what direction you should be trading in - either buy, sell or do nothing. It has no relation to the above advice.

Example:
If your strategy tells you to sell, but you're about sell into support, don't do it because of rule (1). You should still look for a chance to sell. Just don't sell into support.

Hope that will enlighten you. This took me almost 10 years to figure out.

can. Demo and live also can.
https://www.ea-coder.com/mt4-investor-password/

Conlan7firm is martingale one.

The account all always look like that. Forever. A king money. But then suddenly 1 big loss wipe all whole year of profit.

What is your advantage of this fibo musang? Does it follow good trading basics?

So it seems like you are 1 step away from being a complete trader.

The problem you have is your exit. This is very much a psychology problem (usually).

Sometimes you tell yourself you have to follow your strategy with discipline. And then you're rewarded when you hit 2.618. But then sometimes you follow with discipline and lose money because it miss your target by 20 pips then reverse all the way.

This is my own personal experience:
-The market constantly changes from trending to ranging. Your strategy usually is designed to capture one of this market conditions. When your strategy suits the market condition, stay disciplined and ride it out. When the strategy doesn't really suit the market condition, be more flexible with your decision.
-Read the book "trading in the zone" by mark douglas. It will most likely give you the answer you seek.

I think you're almost there. I know coz I also had the same problem. But this problem will take a while to solve. There are a lot of things you need to settle once and for all. Psychology issues are not easy to solve.

And if you're unlucky like me you may end up discovering that your strategy is actually not good. And then you have to start all over again. But hopefully that's not the case. Otherwise your journey will still go on.