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  • 40 Results (1 Thread , 39 Replies )
  • BlaBlaFx replied Jan 19, 2023

    How are you managing your trades? Moving stop loss to some level or closing partials? With EURCAD, why you decided to close that trade? In post #2 you said that you will specialize in just four pairs for the next few years - EURUSD, GBPUSD, USDJPY ...

    Journal of a Maturing Trader
  • BlaBlaFx replied Jan 7, 2023

    How long have you been trading? What was your trading results for the last 6 months? % gain, win rate, number of trades?

    Journal of a Maturing Trader
  • BlaBlaFx replied Jan 6, 2023

    Hello Mr. Singh. Could you please describe your strategy in simple words, so we all have a better understanding of what you are doing. It would be better if you link your account to Trade explorer or some other tracking service. This will be much ...

    Journal of a Maturing Trader
  • BlaBlaFx replied Jan 5, 2023

    Hello, All the numbers are displayed in your account currency. So this swap in GBP. The swap is different for all the currency pairs. You can find the information about the current swap in you MT4 terminal. In Market Watch window right click on the ...

    Swap rate question
  • BlaBlaFx replied Dec 22, 2022

    You are a Junior member right now. It looks like you should post more messages to become a Member, then you will be able to start a new thread.

    For Beginners
  • BlaBlaFx replied Dec 22, 2022

    That's true. Unfortunately. It doesn't matter where you are. Account currency matters. But the scheme is the same. The only difference between USD and GBP in your account will be the numbers you see. It should not bother you, your broker is doing ...

    For Beginners
  • BlaBlaFx replied Dec 22, 2022

    I guess that this question is moved to Rookie Talk because it's actually a Rookie question. Why are you even thinking about percentage gains? With leverage accounts it makes no sense. What do you mean saying 10% per day? If you have 20 trading days, ...

    10% per day
  • BlaBlaFx replied Dec 21, 2022

    The reason you are losing money is because you are selling GBP for USD. When you press a sell button, you exchange 1000 GBP for 1214.20 USD. Now you have 1214.20 USD. The Rate changes to 1.2146, so GBP cost more now, that's why you are losing money. ...

    For Beginners
  • BlaBlaFx replied Dec 21, 2022

    Hello, You are wrong here. GBP/USD means how many US Dollars are needed to buy a British Pound. So when you press a buy button you are buying 1000 pounds(GBP) when the exchange rate is 1.2142, you need 1000x1.2142=1214.20 USD. Now you have 1000 GBP. ...

    For Beginners
  • BlaBlaFx replied Dec 21, 2022

    Hello, Unfortunately that how it usually goes. Making some progress and then in one day all this progress disappear. I don't know your strategy, but looking at the trades history I think that on December 19 you were making some bad decisions. The ...

    My Journal as a Professional Trader
  • BlaBlaFx replied Dec 21, 2022

    If you are reading this STOP TRADING!

    My Journal as a Professional Trader
  • BlaBlaFx replied Dec 4, 2022

    Hello. I don't trade with tradingview, but it looks like you are just using a "Short Position" tool. It doesn't open any trades and just lets you estimate how an order will go if you go short. You can read more about it here. - look at your balance, ...

    Help Reading a Short Position Result
  • BlaBlaFx replied Nov 18, 2022

    Here is a quick update. So he is making a 5k account challenge and shows his trades history. If you don't want to read the first long post, then let's analyze this short period of trading from 26.09.2022 till 11.11.2022. Long story short. This is a ...

    Analyzing youtube forex millionaire trading
  • BlaBlaFx replied Nov 16, 2022

    That's a great explanation. We can see that in the forex market anyone can use any strategy. But you must understand what you are doing. I understand hedge, but not so good to use it in trading. So I use a different strategy. Let your money printing ...

    Do you use stoploss?
  • BlaBlaFx replied Nov 16, 2022

    1. Using a stoploss If applied correctly, stoploss means that you know what you are doing. It allows you to trade bigger position size. If you are using stoploss and following you strategy and know exactly what you are doing, then after a few months ...

    Do you use stoploss?
  • BlaBlaFx replied Sep 22, 2022

    Yes, but can you actually recognize it on the chart? I don't really like to use past charts, but that what helped me a lot. Let's say you take a trade. Why? Can you say exactly why you took that trade? It shouldn't be like "I think it is a support ...

    Losing hope that profitable trading can be achieved
  • BlaBlaFx replied Sep 21, 2022

    Agree. At the end it all comes down to you. You must do the work. Of course you can watch some videos on YouTube, but not for a long time. If you are following someone for a long time than you just don't want to do the work yourself. At some point ...

    Losing hope that profitable trading can be achieved
  • BlaBlaFx replied Sep 21, 2022

    You are talking like all these analytics I'm not talking about what would be in future. Let's start with something not very difficult. Right now, on this chart, do you see something where you would take a trade for some reasons? A place where you ...

    Losing hope that profitable trading can be achieved
  • BlaBlaFx replied Sep 21, 2022

    If you are talking about an automated strategies (trading robots etc.) then I have almost nothing to say about it. I tried to automate my trading but after some time I realized that it will not work for me. I could make a trading robot that would ...

    Losing hope that profitable trading can be achieved
  • BlaBlaFx replied Sep 20, 2022

    1. No verified trades record (what he shows can be easily manipulated) 2. Only 1 month of trades record 3. 100% win rate which is nearly impossible You should ask yourself why he is only showing 1 month of trading? Why wouldn't he register his ...

    Analyzing youtube forex millionaire trading
  • Posts by Member Search: 'BlaBlaFx'
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