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Attachments: $99 to $100,000 is it possible?
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$99 to $100,000 is it possible?

Quoting PandaTradeFx
{quote} I don't use S/R, yes my potential RR is 1:2 but I always trying to get bigger RR. My leverge 1:500. I still risk 50% of my account you can see it in my last video, but I was risking less on GBP/USD just because of high impact news such as parliamentary elections in Britain. At this week I will risk 50%=) And yes, I have a fear of losing money
we all fear to lose money). The point is how to relate to a losing trade.
Wish you achieve your goals and profitable trading week)!
Like your wife says, hold the fucking position until I tell you I'm done.
Quoting vowan4ik
{quote} we all fear to lose money). The point is how to relate to a losing trade. Wish you achieve your goals and profitable trading week)!
Thanks, I hope that I could achieve target of 4.000$ this week, need to find an opportunity.
First profitable trade on this week, maybe I should hold it little bit longer, but according to my plan I was hoping for a drop of 1:1 risk reward ration in one day, it doesen't happened so the trade was closed with a good profit.

Current results:

Safe account: 484$
Trading account: 2.472$

Still thinking, was it emotional close of this trade or according to my rules, but I feel that attitude for trading is changing, and I don't feel myself worried.

Inserted Video
Quoting PandaTradeFx
First profitable trade on this week, maybe I should hold it little bit longer, but according to my plan I was hoping for a drop of 1:1 risk reward ration in one day, it doesen't happened so the trade was closed with a good profit. Current results: Safe account: 484$ Trading account: 2.472$ Still thinking, was it emotional close of this trade or according to my rules, but I feel that attitude for trading is changing, and I don't feel myself worried. https://youtu.be/Id7Is2NfkVY

But you was not able to risk 50 % to get 100 ?

Best regards
Quoting jgadefelth
{quote} But you was not able to risk 50 % to get 100 ? Best regards
I was risking 50% of my account according to my plan and decided to close this trade according to my plan of trading such a signal. It should make minimum 1:1 risk reward in a day, but it didn't, so I made a decision that something goes wrong and I need to close this trade.

For now, I see, that price reached my take-profit, such a fail.

Still in learning process. Nothing to do here.
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Quoting PandaTradeFx
{quote} I was risking 50% of my account according to my plan and decided to close this trade according to my plan of trading such a signal. It should make minimum 1:1 risk reward in a day, but it didn't, so I made a decision that something goes wrong and I need to close this trade. For now, I see, that price reached my take-profit, such a fail. Still in learning process. Nothing to do here. {image}
Ok still you make spme profit and maybe learn something, still good

Best regards
I have a devil on my shoulder that telling me to do a lot of wrong things.

Seems like I started to lose my emotional control, to many pending orders, two losing trades on EUR/USD with total loss of -290$
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Quoting PandaTradeFx
I have a devil on my shoulder that telling me to do a lot of wrong things. Seems like I started to lose my emotional control, to many pending orders, two losing trades on EUR/USD with total loss of -290$ {image}
Disregard the divil listen to the angel on the other shoulder instead

Best regards
Quoting jgadefelth
{quote} Disregard the divil listen to the angel on the other shoulder instead Best regards
I hope that my angel is a professional trader
Quoting PandaTradeFx
{quote} I hope that my angel is a professional trader
He is, he is the better you more reason less emorions wish you only the best.

Best regards
Quoting jgadefelth
{quote} He is, he is the better you more reason less emorions wish you only the best. Best regards
Thanks, I will make a review on this trades and pending orders today, just to explain my actions.
As I can see, I don't have emotional control over myself, so, I've lost almost evrything with revenge trades, trying to get more profit and etc. Soon will post a video.
Seems like I need to start everything from the beginning.
Quoting PandaTradeFx
As I can see, I don't have emotional control over myself
Reason for this is you are mixing up your self and emotions. If you make a separation here
you can observe your emotions, be aware of them and not surrender to them. If you move your attention elsewhere,
close the trading platform, go outside, listen music, the emotion will die down.
Just listening something (Mozart for example) for couple of minutes will helpful.

Do not say you lost everything .

SP
Quoting PandaTradeFx
As I can see, I don't have emotional control over myself, so, I've lost almost evrything with revenge trades, trying to get more profit and etc. Soon will post a video. Seems like I need to start everything from the beginning.
Do your analyse put your orders and close the platform go do whatever.
You goin to have urge to check the orders out, every time you have it, do 10 pushups, soon you will give up on checking in up, clean your house, play a video game see a movieetc.. and in the end of the day check it if its bad just take it and close again the platform tomorrow is another day
Quoting PandaTradeFx
As I can see, I don't have emotional control over myself, so, I've lost almost evrything with revenge trades, trying to get more profit and etc. Soon will post a video. Seems like I need to start everything from the beginning.


Am sorry to hear that, it seems to me you must work more with your emotions and then start the journey again

Best regards
Even if the win rate is 100%, we don't know our next trade will be in profit or loss, even all parameters agrees for a favorable ODD. Considering my next trade will be a loss then what statistics I have to make my account grow double? And next/final question is how many times I will be able to double it?

Unless the statistical solution is on paper - it is not going to work.
Quoting rekon67
Even if the win rate is 100%, we don't know our next trade will be in profit or loss, even all parameters agrees for a favorable ODD. Considering my next trade will be a loss then what statistics I have to make my account grow double? And next/final question is how many times I will be able to double it? Unless the statistical solution is on paper - it is not going to work.
Hi Bud, Long time No see...… hope you are well.
take Care and All The Best. Billy...
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
Quoting SuperPip
{quote} Reason for this is you are mixing up your self and emotions. If you make a separation here you can observe your emotions, be aware of them and not surrender to them. If you move your attention elsewhere, close the trading platform, go outside, listen music, the emotion will die down. Just listening something (Mozart for example) for couple of minutes will helpful. Do not say you lost everything . SP
Unless a person has a workable method and sticks to it, that person will lose.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
Total results for this week you can see in the video below, in one word - FAIL.

For now I have

Trading account: 174$
Safe account: 45$ (will transfer this amount to my trading account)

Also I had a positive trade on Friday, I will post it tomorrow.

Starting this challenge with 99$ I'am still in profit with a big bag of experience.

Inserted Video
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