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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

  • #41
  • Sep 19, 2018 6:47pm Sep 19, 2018 6:47pm
Quoting OddReality
{quote} Please give me 3 hours to get home, and then I shall explain a bit.

I’m still waiting if you can explain your strategy
  • #42
  • Sep 19, 2018 8:51pm Sep 19, 2018 8:51pm
You had a good run now my friend soo you will get hit and doo mistakes and the profit can goo away as fast as ligthening.....So when trading big lots keep a super tight stoploss because you only need 4-5 pips on thoose.....As you can see on thoose other trades when you probebly went for more pips you lost a lot of pips you are very negative with pips and that is not a very good sign trading manual.....Just saying my friend be careful...and keep it green...
You win some you loose some do both with peace of mind
  • #43
  • Edited 4:26am Sep 20, 2018 3:32am | Edited 4:26am
Quoting magne999
You had a good run now my friend soo you will get hit and doo mistakes and the profit can goo away as fast as ligthening.....So when trading big lots keep a super tight stoploss because you only need 4-5 pips on thoose.....As you can see on thoose other trades when you probebly went for more pips you lost a lot of pips you are very negative with pips and that is not a very good sign trading manual.....Just saying my friend be careful...and keep it green...
All of the negative pips comes on the first order, which is always less than .21 lots. I don't think anyone would have an issue losing 50 pips on.21 orders why gainning 25 pips on 6.00 lot size orders.
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #44
  • Sep 20, 2018 7:37am Sep 20, 2018 7:37am
Quoting OddReality
{quote} All of the negative pips comes on the first order, which is always less than .21 lots. I don't think anyone would have an issue losing 50 pips on.21 orders why gainning 25 pips on 6.00 lot size orders.
You can change name on explorer from1% a day too 10% a day...lol....You are doing very well my friend i went live again also but i am only up 4.2% today are going too do some second session trades also later but finnished first session...If you want too try a broker with much lower commision spread PM me its not allowed promoting in the forum....
You win some you loose some do both with peace of mind
  • #45
  • Sep 20, 2018 8:03am Sep 20, 2018 8:03am
I'm currently looking into a 2.5% risk per pip on EU
1.17780 entry
1.17841 tp
Sl will be posted once entry is confirmed.
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #46
  • Sep 20, 2018 8:47am Sep 20, 2018 8:47am
Quoting OddReality
I'm currently looking into a 2.5% risk per pip on EU 1.17780 entry 1.17841 tp Sl will be posted once entry is confirmed.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2018-09-20-08-41-47.png Size: 292 KB


Trades like thisiswhy i believei haves something special. Price came less than 1 pip from long entry and then reversed for that massi e drop you see. That is why i always enter on candle close and never use pending orders.
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #47
  • Sep 20, 2018 9:14am Sep 20, 2018 9:14am
Quoting OddReality
{quote} {image} Trades like thisiswhy i believei haves something special. Price came less than 1 pip from long entry and then reversed for that massi e drop you see. That is why i always enter on candle close and never use pending orders.
Vey nice trade indeed...I think you missed a litlle on the lotsize on that trade too what you said in pos before...LOL
Attached Image
You win some you loose some do both with peace of mind
  • #48
  • Sep 20, 2018 9:59am Sep 20, 2018 9:59am
Current price of Eu 1.17485

Going for 1% profit on the sell.
Tp
1.17384
Sl
1.17634 close at or above

If sl is hit then i will close small sell and open buy for 2.1% risk per pip!
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #49
  • Sep 20, 2018 11:09am Sep 20, 2018 11:09am
Quoting OddReality
Current price of Eu 1.17485 Going for 1% profit on the sell. Tp 1.17384 Sl 1.17634 close at or above If sl is hit then i will close small sell and open buy for 2.1% risk per pip!
I have taken profit on this order. Before tp has hit. So the 1% hit once more and i can reenter sell at better price as the buy is still valid.
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #50
  • Sep 20, 2018 1:39pm Sep 20, 2018 1:39pm
About to fire big lot to buy side for eu. Will confirm.
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #51
  • Sep 20, 2018 1:40pm Sep 20, 2018 1:40pm
Why did you take thoose euro trades both short and longtermtrend are bullish...
You win some you loose some do both with peace of mind
  • #52
  • Sep 20, 2018 1:41pm Sep 20, 2018 1:41pm
Quoting OddReality
About to fire big lot to buy side for eu. Will confirm.
Tp 1.17795
Sl. 1.17604

Risking over 2% per pip!
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #53
  • Sep 20, 2018 1:42pm Sep 20, 2018 1:42pm
Mayby a little late i dont know but we have tre bullsih canldes pushing the bollinger bands on 1 minute....Bounsed nicely of the 10 ema too the upside...
You win some you loose some do both with peace of mind
  • #54
  • Sep 20, 2018 1:49pm Sep 20, 2018 1:49pm
even we have a small dip the shorterm trend is still bullish and the euro is stronger than the dollar at the moment soo its not over yet...
You win some you loose some do both with peace of mind
  • #55
  • Sep 20, 2018 1:49pm Sep 20, 2018 1:49pm
there we goo......SHIIIT
You win some you loose some do both with peace of mind
  • #56
  • Sep 20, 2018 1:56pm Sep 20, 2018 1:56pm
Thats better i would take profit at 1-3 pips on this one...If i where you as i am not....Totally up too you...
You win some you loose some do both with peace of mind
  • #57
  • Sep 20, 2018 2:08pm Sep 20, 2018 2:08pm
Quoting magne999
Thats better i would take profit at 1-3 pips on this one...If i where you as i am not....Totally up too you...
It will be my 10% profit which will show a nice up tick in equity curve. I hope it is a long candld up so i can trail stop.
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #58
  • Sep 20, 2018 2:11pm Sep 20, 2018 2:11pm
you are at ress get out...ohh you are trailing then its good but have stopped at this line 2 times now..
You win some you loose some do both with peace of mind
  • #59
  • Sep 20, 2018 2:21pm Sep 20, 2018 2:21pm
10% obtained with those sister orders.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2018-09-20-14-18-53.png Size: 295 KB
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #60
  • Sep 20, 2018 2:25pm Sep 20, 2018 2:25pm
Quoting OddReality
10% obtained with those sister orders. {image}
7 lots with out a tight stop you are crazy....LOL....very nicely done....Now we call it a day going in too some time a day its better too stay out...Some crazy moves coming up in not soo long...Usually atleast...
You win some you loose some do both with peace of mind
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