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Daily Trading Ideas

  • #51,561
  • Mar 24, 2020 2:03am Mar 24, 2020 2:03am
spreads are big
market perhaps more unpredictable than usual due to every country being in a bad situation; one announcement from any PM or bank etc and vroom! price spike.
could be a good time for only for some
  • #51,562
  • Mar 24, 2020 2:05am Mar 24, 2020 2:05am
Quoting xnaro
We discussed this like 2 weeks ago or something, everyone has their point of view, in this case, about demo acc. I like demo cuz its a good way to test a strat LIVE, but its not a good thing for the mentality part. But i knew what is correct or not, i doubled my demo acc in 2 weeks. I know what is right or wrong to do with BBMA, i just... idk man. I really dont know how i am going to go about this one.
i only talk from my experience mate..
also trading without stop loss,not good idea at current market condition..
always came with big move..
so if we against them..easy eat by those sharks...
careful before is better then sorry after
no need to regret..
always stay calm and accept our weakness..
improve them..
just for a cup of coffee...
  • #51,563
  • Edited 2:20am Mar 24, 2020 2:10am | Edited 2:20am
Quoting xnaro
We discussed this like 2 weeks ago or something, everyone has their point of view, in this case, about demo acc. I like demo cuz its a good way to test a strat LIVE, but its not a good thing for the mentality part. But i knew what is correct or not, i doubled my demo acc in 2 weeks. I know what is right or wrong to do with BBMA, i just... idk man. I really dont know how i am going to go about this one.
its normal to bust accounts mate.. pretty sure even akim busted many accounts before reaching his level today.. maybe what you can do is starting on small accounts like $100 instead of $1000 euros. build your mentality first.. its okay if you bust account but know where you gone wrong so your 2nd account wont face the same mistake. stay safe mate.

think about it this way xnaro.. $1000 account if you divide it up into $100 accounts, you have 10 tries.. goodluck
  • #51,564
  • Mar 24, 2020 2:11am Mar 24, 2020 2:11am
Quoting satheesh
still the spread is not normal, 100 to 150 pips
This times, we have to be selective on pairs and brokers in order to avoid unpredictability and wide spreads respectively.
#eaglesEye#
  • #51,565
  • Mar 24, 2020 2:12am Mar 24, 2020 2:12am
Quoting tenpix
spreads are big market perhaps more unpredictable than usual due to every country being in a bad situation; one announcement from any PM or bank etc and vroom! price spike. could be a good time for only for some
sidelines for me
  • #51,566
  • Mar 24, 2020 2:13am Mar 24, 2020 2:13am
Quoting tenpix
{quote} sidelines for me
i’m still frontline
just for a cup of coffee...
  • #51,567
  • Mar 24, 2020 2:17am Mar 24, 2020 2:17am
Quoting akim0895
{quote} i’m still frontline
the fearless soldier!
  • #51,568
  • Mar 24, 2020 2:21am Mar 24, 2020 2:21am
Quoting Junnn
{quote} its normal to bust accounts mate.. pretty sure even akim busted many accounts before reaching his level today.. maybe what you can do is starting on small accounts like $100 instead of $1000 euros. build your mentality first.. its okay if you bust account but know where you gone wrong so your 2nd account wont face the same mistake. stay safe mate. think about it this way xnaro.. $1000 account if you divide it up into $100 accounts, you have 10 tries.. goodluck
not ever yet..
still kept my 100% record mate..
just for a cup of coffee...
  • #51,569
  • Mar 24, 2020 2:27am Mar 24, 2020 2:27am
Quoting akim0895
{quote} not ever yet.. still kept my 100% record mate..
not even your first account? thats impressive.. your mentor is really good then
  • #51,570
  • Mar 24, 2020 2:28am Mar 24, 2020 2:28am
i want to enter gold but that 20 pips spread...
  • #51,571
  • Mar 24, 2020 2:29am Mar 24, 2020 2:29am
At h4 butt setup after 2 hours. Hope for the good.
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  • #51,572
  • Mar 24, 2020 2:40am Mar 24, 2020 2:40am
Quoting Junnn
{quote} not even your first account? thats impressive.. your mentor is really good then
at early he trades my account
at same time i’m trades too but only limit $5 for a day loss..
just for a cup of coffee...
  • #51,573
  • Mar 24, 2020 2:42am Mar 24, 2020 2:42am
Quoting Zubair06
At h4 butt setup after 2 hours. Hope for the good. {image}
still my bear in control..
later dunno
just for a cup of coffee...
  • #51,574
  • Mar 24, 2020 2:46am Mar 24, 2020 2:46am
Quoting xnaro
I hope you all had a great day yesterday, i blew my first real acc w/ bbma on gold. I did somethin that i have been doing in the demo, it is something i did multiple times a day everyday and it always worked out just fine, in fact, always gave me the biggest returns but it wasnt correct, it is not a correct thing to do according to the BBMA strat. I became aware of it this weekend before i got the real acc, i even told my friend about it and said i woul never do it on the real acc not bcs the money was real now but because it just wasnt correct....
Maybe try to reduce trading size and limit the loss, if you don't put stop loss it means your stop loss is margin call,
some of us maybe don't put SL but say will cut loss when we see it's not working,
but many times its hard to cut the loss manually, maybe for very experienced traders can do that,
if your tp is let say 7% and your sl is margin call, then the Risk Reward is not acceptable,
in calm market or small range pairs maybe it's hard to get MC,
but sometimes market go against us and never comeback to entry price, especially in current days volatility really danger,
this is speaking from my own experience and I had already experienced many times MC,
for years I keep repeating mistakes like this, so hopefully share a bit can be useful for other traders and remind myself,
hopefully you dont get many times MC and learn the lesson already..
live your life heartfully..
  • #51,575
  • Mar 24, 2020 2:47am Mar 24, 2020 2:47am
Quoting akim0895
{quote} still my bear in control.. later dunno
i want to enter but 20 pips spread damn...
  • #51,576
  • Mar 24, 2020 2:54am Mar 24, 2020 2:54am
Quoting xnaro
I hope you all had a great day yesterday, i blew my first real acc .
trade with demo account, only to an extend
everyday trading on a demo account is useless.
because whatever trade you put, still your heart says " it is a demo account"
so you have no that " feeling of loss ", " feeling of anxiety" with you
best thing is to do after having several demo sessions, go for bonus accounts
there are several brokers, who gives bonus accounts.
so you can live trade and learn in those accounts.

managing risk is everything in Forex.
for an example : after you decide your risk % from your capital, don't take all the risk on ONE TRADE
at least divide that risk % in to multiple pairs
maximum 3 trades. These 3 trades should cover the maximum risk you are going to give
  • #51,577
  • Mar 24, 2020 3:02am Mar 24, 2020 3:02am
Demo not really good because you will not learn how to put stop loss or you are stress free from demo trade.
Important thing in forex, I think is learn how to bear the emotion when holding trade or loss.
This can’t learn from demo.
PA Return This Week: 2.7%
  • #51,578
  • Mar 24, 2020 3:10am Mar 24, 2020 3:10am
HUGE MANIPULATION going on in GOLD from last 1-2 hours
SOME MAY GET MONEY, SOME WILL LOST MONEY!!
  • #51,579
  • Mar 24, 2020 3:25am Mar 24, 2020 3:25am
Quoting akim0895
cash n collects.. +100/110/120/130 pips each leave higher position in play for fun ️ {image} {image}
AKIM something that is kinda messing me up is this. How tha fuck on earth you manage (you and Comar) to get perfect entrys, like i dont get it. What made you specificly enter only at that price point on GOLD, what was the trigger for the entry, i honestly dont understand. For example i spend hours looking through Comar's prints, i go back on the chart, i do all that work to try and figure out why the entry is specificly there and i spend hours to get to the same conclusion over and over again: WTF!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Plus, he's chart is so confusing, it's insane, but i still try
  • #51,580
  • Mar 24, 2020 3:33am Mar 24, 2020 3:33am
Quoting xnaro
{quote} AKIM something that is kinda messing me up is this. How tha fuck on earth you manage (you and Comar) to get perfect entrys, like i dont get it. What made you specificly enter only at that price point on GOLD, what was the trigger for the entry, i honestly dont understand. For example i spend hours looking through Comar's prints, i go back on the chart, i do all that work to try and figure out why the entry is specificly there and i spend hours to get to the same conclusion over and over again: WTF!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Plus,...
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