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I'm a noob and need advice on managing a losing trade 28 replies

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I let a Pro Noob trade my account

  • #21
  • Sep 14, 2018 1:14pm Sep 14, 2018 1:14pm
Quoting magne999
But you had a good week where not nessesery too loose thoose 70 bucks should have called it when you had thoose good selltrades earlier today....But done is done next week we start fresh... {image}
I'm looking forward to it. Those meme are way to funny. I hope you never meme me when i margin call.
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #22
  • Sep 15, 2018 2:48pm Sep 15, 2018 2:48pm
Attached Image (click to enlarge)
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Equity curve for week 1. Should I repeat during week 2 then I shall share an EA with you guys.
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #23
  • Sep 16, 2018 11:01am Sep 16, 2018 11:01am
Hoping for no gap or a small gap up for EUat market open. I wohld like to short the hourly low and earn a quick 7 pips.
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #24
  • Sep 16, 2018 5:36pm Sep 16, 2018 5:36pm
I have decided to withdraw half of last week's profit. Within 48 hours it shall post to my account.
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #25
  • Sep 17, 2018 7:18am Sep 17, 2018 7:18am
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Above is a picture of the entry and exit of the last recommendation. It makes me rather upset to have left money on the table but i heard someone say that as long as your target is hit, whatever happens after that should be ignored as it isnt a part of your setup. so with that said, I am not as sad as i would normally be.
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #26
  • Sep 17, 2018 8:03am Sep 17, 2018 8:03am
Very good trading you put the high lots only on your wins this week so far...Keep a very tight sl on the high lots trades ore else you give back money real fast...Not more than 1-2 pips against you before you bail the trade...Just my opinion but its up too you...
Attached Image
You win some you loose some do both with peace of mind
  • #27
  • Sep 17, 2018 9:22am Sep 17, 2018 9:22am
Quoting magne999
Very good trading you put the high lots only on your wins this week so far...Keep a very tight sl on the high lots trades ore else you give back money real fast...Not more than 1-2 pips against you before you bail the trade...Just my opinion but its up too you... {image}
Thanks Weezy F Baby! Sadly, my system already has preset sl, so if I earned 5 pips then the sl would be 2x and never more than that. The R:R isnt great for those hit lots but as long as they never hit tp then the R:R isn't even a factor.
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #28
  • Sep 17, 2018 9:27am Sep 17, 2018 9:27am
If you are using mt4 i have a tradingpanel i can post if you like and you can put in 1.5 ore 2 pips sl and lotsize and TP and open and close trades with one button...
You win some you loose some do both with peace of mind
  • #29
  • Sep 17, 2018 9:30am Sep 17, 2018 9:30am
Extract the zipfile into the mql4 expertsfolder and put the mql and ex4 file in experts folder also....Restart and good too goo...Works like a EA...
Attached File(s)
File Type: zip TradePanel.zip   484 KB | 233 downloads
File Type: ex4 TradePanel.ex4   692 KB | 215 downloads
File Type: mq4 TradePanel.mq4   212 KB | 257 downloads
You win some you loose some do both with peace of mind
  • #30
  • Sep 17, 2018 9:31am Sep 17, 2018 9:31am
Looks like this...I am addicted too it cant understand how i could trade without it...
Attached Image
You win some you loose some do both with peace of mind
  • #31
  • Sep 17, 2018 9:54am Sep 17, 2018 9:54am
Quoting magne999
Extract the zipfile into the mql4 expertsfolder and put the mql and ex4 file in experts folder also....Restart and good too goo...Works like a EA... {file} {file} {file}
Thank you kindly. Once i gethome iwill fire it up. I wikk report back shortly.
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #32
  • Sep 17, 2018 11:42am Sep 17, 2018 11:42am
I Oddreality. What strategy do you use for your trading? ty
  • #33
  • Sep 17, 2018 12:12pm Sep 17, 2018 12:12pm
Quoting emicovi
I Oddreality. What strategy do you use for your trading? ty
Please give me 3 hours to get home, and then I shall explain a bit.
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #34
  • Sep 18, 2018 4:52am Sep 18, 2018 4:52am
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My setup says GbpUsd drops to the red line before moving up to red. Red is my sl and green is my tp. Good luck to we
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #35
  • Sep 19, 2018 6:22am Sep 19, 2018 6:22am
Good morning everyone. System told me EU would be a massive scalping sell, but it did n't tell me it would drop that much.
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1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #36
  • Sep 19, 2018 9:12am Sep 19, 2018 9:12am
This is the way to do it man win thoose with big lots and a few pips and practice on the small lot trades.....Did you try out the tradingpanel???
You win some you loose some do both with peace of mind
  • #37
  • Sep 19, 2018 9:52am Sep 19, 2018 9:52am
Quoting magne999
This is the way to do it man win thoose with big lots and a few pips and practice on the small lot trades.....Did you try out the tradingpanel???
Hello my friend. I have downloaded it but have not actually used it. I will report back once I do.
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #38
  • Sep 19, 2018 10:08am Sep 19, 2018 10:08am
Yeah you really should on scalping its a must for quick executions...
You win some you loose some do both with peace of mind
  • #39
  • Sep 19, 2018 2:38pm Sep 19, 2018 2:38pm
LOL i saw the last 4 lot trade you took soon after you closed it went another 6 pips ore soo down,but you got a nice profit soo be happy with the trade anyway...
You win some you loose some do both with peace of mind
  • #40
  • Sep 19, 2018 5:57pm Sep 19, 2018 5:57pm
Quoting magne999
LOL i saw the last 4 lot trade you took soon after you closed it went another 6 pips ore soo down,but you got a nice profit soo be happy with the trade anyway...
Don't remind me... It dropped more like 25 pips. Yet, i am now hapoy just hitting the tp and not being emotionally attached to a position becausw of trail stopping or hedging. Foor me, the best thing to do is look at the screen only when i get an alert. I would like to have 4k at end of week so i could withdeaw 2k. We will have a good old party in the dorm.
1% a day keeps the 9 to 5 away. Even with 500usd account!
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