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$409k Challenge Part 2 137 replies

A challenge to those who say Demos suck. 35 replies

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$409k Challenge

  • #301
  • Mar 23, 2020 8:18am Mar 23, 2020 8:18am
Quoting BlackNapkins
{quote} Ohhh yeah ... I burned my 500% ...
Oh dear - Don't worry that situation is depressingly familiar to most of us. It really does come down to resisting that almost irresistible urge to overtrade. A good idea if one can't is to switch to demo trading after one has closed off a reasonable winner. Come back tomorrow after you've recharged your batteries!
  • #302
  • Mar 23, 2020 8:22am Mar 23, 2020 8:22am
Quoting Mtinifx
{quote} Oh dear - Don't worry that situation is depressingly familiar to most of us. It really does come down to resisting that almost irresistible urge to overtrade. A good idea if one can't is to switch to demo trading after one has closed off a reasonable winner. Come back tomorrow after you've recharged your batteries!
will do, for sure ...
  • #303
  • Mar 23, 2020 12:57pm Mar 23, 2020 12:57pm
All right I'm back lets do this!

I'm trying to connect my new TE, but having some issues, already sent a message to FF.
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Truth is like poetry. And most people f*cking hate poetry.
  • #304
  • Mar 23, 2020 1:17pm Mar 23, 2020 1:17pm
Quoting mrdfx
All right I'm back lets do this! I'm trying to connect my new TE, but having some issues, already sent a message to FF. {image}
I cant connect mine either so have to be someting and i use IC markets
Insanityoing same ting over expecting different results..Einstein
  • #305
  • Edited 2:34pm Mar 23, 2020 1:36pm | Edited 2:34pm
Quoting Mtinifx
{quote} Oh dear - Don't worry that situation is depressingly familiar to most of us. It really does come down to resisting that almost irresistible urge to overtrade. A good idea if one can't is to switch to demo trading after one has closed off a reasonable winner. Come back tomorrow after you've recharged your batteries!
I meant mental batteries of course!
  • #306
  • Mar 24, 2020 2:23am Mar 24, 2020 2:23am
New challenge ...
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  • #307
  • Mar 24, 2020 4:55am Mar 24, 2020 4:55am
Nice!
I wanted to get going this morning but I'm holding my horses. Something weird going on with the spreads!!
  • #308
  • Mar 24, 2020 5:49am Mar 24, 2020 5:49am
Quoting Mtinifx
Nice! I wanted to get going this morning but I'm holding my horses. Something weird going on with the spreads!!
I noticed 1299 points on gold ... it shocked me as this widening happened two times in ONE minute candle!!! Saw it with my own eyes
Anyway I get my daily target during Asian session ...
  • #309
  • Mar 24, 2020 7:30am Mar 24, 2020 7:30am
Crazy shit going on with gold right now. how can I be -48 pips when i should be in profit?

I'm actually +12 pips, but in loss?
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Truth is like poetry. And most people f*cking hate poetry.
  • #310
  • Mar 24, 2020 7:35am Mar 24, 2020 7:35am
Quoting mrdfx
Crazy shit going on with gold right now. how can I be -48 pips when i should be in profit? I'm actually +12 pips, but in loss? {image}
80 pips spread mark up on gold, crazy man no way, guess I'm sitting out till my broker comes right.
Truth is like poetry. And most people f*cking hate poetry.
  • #311
  • Mar 24, 2020 7:59am Mar 24, 2020 7:59am
Quoting mrdfx
{quote} 80 pips spread mark up on gold, crazy man no way, guess I'm sitting out till my broker comes right.
I saw 5,000 spread on the morning, gold is crazy, possible 1700 shortly be careful with sells, gap from futures needed to be filled
  • #312
  • Mar 24, 2020 9:34am Mar 24, 2020 9:34am
Gold is not tradeable at the moment. I presume that the problem is volume? Light trading in the instrument due to so few big boy traders working right now.

GU, GJ, EU, etc., not too bad. I think I'll give it a go from tomorrow but only trade two or three pairs
  • #313
  • Mar 24, 2020 9:38am Mar 24, 2020 9:38am
Gold still 20 (200 points) pip spread on my platform. That's CRAZY
  • #314
  • Mar 24, 2020 9:59am Mar 24, 2020 9:59am
gone fishing......
Trade fearless not careless...
  • #315
  • Mar 24, 2020 10:00am Mar 24, 2020 10:00am
Quoting Mtinifx
Gold still 20 (200 points) pip spread on my platform. That's CRAZY
I started yesterday with a 200 dollar account and aiming for 5% a day and have made target,but i might take a trade ore two in U.S session because i am scalping Renkos with 3 indis for confirmation for tops and bottoms and sometimes pullbacks in trend;but i mostly trade EUR/NZD and GBP/JPY and.Last two days spreads have been 3-6 pips on EUR/NZD so its to much,but moves fast theese days and i like that in and out of trades within 3-8 minutes (my awerage time in trade is 5 minutes)So i will update here now and then even i dont need to challenge,just curius if i can keep at 5% a day over longer time i havent traded renkos for long,but found a very good divergence indis that confirmes when a box is closed in other direction and have so far overall winrate of 81% so it seems good as long as i can follow my rules and not use to much leverage...Good luck to everyone here trying..I cant attach a TE so i use My fxbook.
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Insanityoing same ting over expecting different results..Einstein
  • #316
  • Mar 24, 2020 12:26pm Mar 24, 2020 12:26pm
I've received quite a few PM's from some of you, don't worry I've seen them and will reply as soon as I can get a moment to dedicate a proper reply.

Juggling being a full time trader and a stay at home dad to a 4 month old baby has its challenges lol. :-)
Truth is like poetry. And most people f*cking hate poetry.
  • #317
  • Mar 25, 2020 9:11am Mar 25, 2020 9:11am
Done for the day,but my pipcount is negative because i had to awerage in on two trades because it broke first Ress/Supp and i aweraged in on the next Supp/ress that i knew where stronger.....I use the Paradox H1 and H2 for seeing supports and ressistence together with my renkos and divergences as trading charts so when i get signal on Renko i switch to paradox(h2 are the best of the two) to see how far to support/ress and how strong it is there are many different indis on the paradox template with difference in strenght...Romar being the ultimate one...My rules are to just do singles and that is what i am most comfort doing,but if it goes against me and supp/ress is near bye i awerage in at that point....My maximum drawdown is at 16% so i where never more down that if i close ore hit stoploss at that point i would still be at around BE. For singles i use 20 pips SL on GJ and 30 on EN because of the lower of pipvalue on EN....I am only trading thoose two pairs now atleast with market being like it is...Watching EU ore UJ is like watching paint dry.My second Support held on both trades and i got out way to early on them,but got my 5% and i am a scalper so fine with me...I also had some singles with 0.01 lots for abaut 1% i had one ore two losses also...I am not to highjack your tread MRDFX ,but i think if i am to update now and then here i add a little pressure to my self to take trades everyday if conditions met

Happy trading everyone
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Insanityoing same ting over expecting different results..Einstein
  • #318
  • Mar 25, 2020 3:18pm Mar 25, 2020 3:18pm
Quoting FXsniper111
Done for the day,but my pipcount is negative because i had to awerage in on two trades because it broke first Ress/Supp and i aweraged in on the next Supp/ress that i knew where stronger.....I use the Paradox H1 and H2 for seeing supports and ressistence together with my renkos and divergences as trading charts so when i get signal on Renko i switch to paradox(h2 are the best of the two) to see how far to support/ress and how strong it is there are many different indis on the paradox template with difference in strenght...Romar being the ultimate...
That's a solid return - well done indeed
  • #319
  • Mar 26, 2020 6:55am Mar 26, 2020 6:55am
Did anyone else get this huge 1000 pip spike?
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Truth is like poetry. And most people f*cking hate poetry.
  • #320
  • Mar 26, 2020 7:07am Mar 26, 2020 7:07am
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Tickmill ...

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LMAX
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