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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

  • #141
  • Sep 30, 2018 9:32am Sep 30, 2018 9:32am
Hello guys, I would like to simply state that I am 100% better after 3.5 days in the hospital. This week there is 0 excuses to repeat the equity curve which we saw last week. I also muted magnee999 with his pessimistic outlook of my system without evening knowing what it actually is.

Quoting Aar
Initial adjustment is an inbuilt function of Forexfactory Trading Explorer. When it doesnt receive sufficient data from broker, it uses a custom deposit to counteract that missing part in order to keep the calculation correct. You can reset it by reconnecting your TE. Go to the TE settings & use a custom date under full brokerage history say calculate from 10th September & apply it. Let the TE complete aggregation of data. Once complete again go to settings & use Full brokerage history & apply. You are fine now the Initial adjustment will be gone....
Hello sir. I have used the custom start date to represent the time i got back home. It would be clear to see that the equity curve has returned to the smooth steady increase as it was before last Sunday's vomit fest.
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #142
  • Sep 30, 2018 3:49pm Sep 30, 2018 3:49pm
Right before market close i got a signal to sell UsdCad with the massive lot size. You can see from the picture below that I took the sell (the top two orders)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2018-09-30-15-43-22.png Size: 282 KB


The price rallyed towards the tp of 1.2901 right before close which is why i closed it and then opened a .01 order to remind me to watch out for the 1.2901 tp and look at what usdcad decided to do right before market opens.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2018-09-30-15-39-57.png Size: 256 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2018-09-30-15-43-04.png Size: 298 KB


Had i held that 2.22 order into the market open I would of easily recovered the entire loss of last week. Atleast, i will earn a nice 1% on this market gap down. I feel so good this week knowing the market carried over a signal and it worked out perfectlywhich means we are working perfectly.
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #143
  • Sep 30, 2018 8:48pm Sep 30, 2018 8:48pm
We are about 3 pips away from this weeks firstbigorder. Stand by for entry, tp and sl.
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #144
  • Sep 30, 2018 9:12pm Sep 30, 2018 9:12pm
Quoting OddReality
We are about 3 pips away from this weeks firstbigorder. Stand by for entry, tp and sl.
Here was the first big order, which i pulled at the last moment being it was the first of the week. Simply per fect. Would have been great to have stuck with it but theweek is young.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2018-09-30-21-10-40.png Size: 210 KB
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #145
  • Oct 1, 2018 12:26am Oct 1, 2018 12:26am
Big order for Usdcad
buying here at 1.2844
Sl 1.2835 touch
tp 1.28492

expected to reach 15% profit with 99.99% certainty. Let us see if we can get this first big trade.
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #146
  • Oct 1, 2018 1:25am Oct 1, 2018 1:25am
Nice to see you are back. Hopefully you'll reach your quest, no pressures! USDCAD will definitely retrace but your stops are tight! You know your system best. More green to you!
  • #147
  • Oct 3, 2018 4:01pm Oct 3, 2018 4:01pm
Quoting babakeni
Nice to see you are back. Hopefully you'll reach your quest, no pressures! USDCAD will definitely retrace but your stops are tight! You know your system best. More green to you!
Almost 4 days andithasyet to recover. That is why i father trade the way i do as i do t haveto wait daysto find out if my calculation was correct. Also, theaccount has reached her high with2trading days left. It would be great to hit 1k before market close.
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #148
  • Oct 3, 2018 4:06pm Oct 3, 2018 4:06pm
Still waiting for you to explain the strategy..
  • #149
  • Oct 3, 2018 4:10pm Oct 3, 2018 4:10pm
Quoting emicovi
Still waiting for you to explain the strategy..
Sorry for keeping ypu waiting. Hopefully you can wait some more because i dont think i should share unless i get back to account high for the last 60 days.
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #150
  • Oct 3, 2018 4:17pm Oct 3, 2018 4:17pm
I think you can share it now and maybe we can share ideas on the strategy?
  • #151
  • Oct 3, 2018 4:21pm Oct 3, 2018 4:21pm
Quoting emicovi
I think you can share it now and maybe we can share ideas on the strategy?
Me focusing on the opinion of someone whom isnt aware of even the fibnumbers i use should take my brain power. They say the brain uses 25% of the energy the body uses.
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #152
  • Oct 4, 2018 4:33pm Oct 4, 2018 4:33pm
Your trades are looking more like a crap shoot than a plan..... your trading against the trend most of the time.
I was hoping you actually had a plan but it really doesn't appear that way now.
  • #153
  • Oct 4, 2018 4:36pm Oct 4, 2018 4:36pm
Quoting emicovi
Still waiting for you to explain the strategy..
I really don't think there is a strategy...... just wild assed guesses and over leveraging trying to recoup losses.
  • #154
  • Oct 4, 2018 10:33pm Oct 4, 2018 10:33pm
The pressure of the public and recovery of an account is tough with the goal having been substantial growth over a short period. You can always reset and go back to finding that moment you were winning. Don't worry how people look at you! Your objectives should be not to lose your invested capital and to grow it. . It is still possible to grow the account.
  • #155
  • Oct 15, 2018 1:09am Oct 15, 2018 1:09am
Hello guys.. After having lost my mind 2 weeks ago, i got a friend 's father to deposit and last week resulted in 81% profit and a huge gap down for GU as the setup told me to take a sell into market close resulted in a massive profit. Should things go well this week,i shall begin posting again along with that updated version of the EA.

https://youtu.be/FV7clQosPkE

Quoting tradestar1
{quote} I really don't think there is a strategy...... just wild assed guesses and over leveraging trying to recoup losses.
I am glad you feel that way, as your feeling has no baring on my results.
1% a day keeps the 9 to 5 away. Even with 500usd account!
  • #156
  • Last Post: Oct 15, 2018 1:30am Oct 15, 2018 1:30am
That gap resulted into nice profits. Now you should pay yourself back and trade the profits! Just hoping the journey will last and the lessons of the past learnt/updated. All the best.
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