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Simple and profitable trading style

  • #4,621
  • Apr 6, 2020 10:07am Apr 6, 2020 10:07am
Quoting 9jatrader
There are too many gamblers in Forex than real traders
What I mean is that having many positions at a time spell doom in your trading account. When they go in your direction, you're are applauded as a great trader in all time. What happens when the positions reversed? You watch your account going down in flame right in your eyes.
Make all mistakes in demo and rain in pips in live account
  • #4,622
  • Apr 6, 2020 10:11am Apr 6, 2020 10:11am
The strategy of trading profitably is that stay with your smallest lot size when your account is at the struggling stage or at the beginning of your trading
Make all mistakes in demo and rain in pips in live account
  • #4,623
  • Edited 10:25am Apr 6, 2020 10:15am | Edited 10:25am
Successful trading is not magical. Greed is one of the things that kill our trading account. You want to jump at every good setup and take all.
Make all mistakes in demo and rain in pips in live account
  • #4,624
  • Apr 6, 2020 10:27am Apr 6, 2020 10:27am
How are you coping with lock down? We hope this is over soon
Make all mistakes in demo and rain in pips in live account
  • #4,625
  • Apr 7, 2020 11:20am Apr 7, 2020 11:20am
Quoting 9jatrader
Just caught CHFJPY and EURJPY long. I really enjoyed the downtrend of both. I have been waiting for the uptrend setup. I joined and wait to see how it goes
Taking shape now
Make all mistakes in demo and rain in pips in live account
  • #4,626
  • Apr 7, 2020 11:31am Apr 7, 2020 11:31am
What happens when you have series of winning positions. If you're not careful, overconfidence could set in. That is the reason some pile up trades upon trades until account dive. My mentor would say lack of confidence is better than overconfidence. Lack of confidence- your trading account is intact, whereas overconfidence makes one to takes weak and useless setups
Make all mistakes in demo and rain in pips in live account
  • #4,627
  • Apr 9, 2020 7:43am Apr 9, 2020 7:43am
Quoting 9jatrader
{quote} Already out and have been on downtrend and long on GBPCHF
Joined the EURGBP long and GBPCHF short again on 30mins. The signal so great for me
Make all mistakes in demo and rain in pips in live account
  • #4,628
  • Apr 9, 2020 7:44am Apr 9, 2020 7:44am
Quoting 9jatrader
EURGBP 654 pips up. No ending for now {image}
Hope it flies up like it was
Make all mistakes in demo and rain in pips in live account
  • #4,629
  • Apr 9, 2020 7:49am Apr 9, 2020 7:49am
Pushed the lot size a little bit
Make all mistakes in demo and rain in pips in live account
  • #4,630
  • Apr 9, 2020 12:08pm Apr 9, 2020 12:08pm
Quoting 9jatrader
{quote} Joined the EURGBP long and GBPCHF short again on 30mins. The signal so great for me
Working so well
Make all mistakes in demo and rain in pips in live account
  • #4,631
  • Apr 9, 2020 12:36pm Apr 9, 2020 12:36pm
The interesting and great thing about Forex trading is that whether economy of any country or world economy is crashing as it is right now because of corona pandemic market keeps moving. This business is worth investing a lot in
Make all mistakes in demo and rain in pips in live account
  • #4,632
  • Apr 9, 2020 12:38pm Apr 9, 2020 12:38pm
Quoting 9jatrader
The interesting and great thing about Forex trading is that whether economy of any country or world economy is crashing as it is right now because of corona pandemic market keeps moving. This business is worth investing a lot in
Worth investing in, in terms of time and money. Just my take
Make all mistakes in demo and rain in pips in live account
  • #4,633
  • Apr 9, 2020 12:41pm Apr 9, 2020 12:41pm
Jumped into EURCHF short on 1hr strong Bearish Engulfing Pattern
Make all mistakes in demo and rain in pips in live account
  • #4,634
  • Apr 11, 2020 8:51am Apr 11, 2020 8:51am
Quoting 9jatrader
{quote} Joined the EURGBP long and GBPCHF short again on 30mins. The signal so great for me
GBPCHF returned to the zone again and made another signal, though not as strong as the previous signal-which is Bearish Engulfing
Make all mistakes in demo and rain in pips in live account
  • #4,635
  • Apr 11, 2020 8:53am Apr 11, 2020 8:53am
Possibly to welcome who have not got into it
Make all mistakes in demo and rain in pips in live account
  • #4,636
  • Apr 11, 2020 9:00am Apr 11, 2020 9:00am
Sooner than later GBPCHF crashing and fall like rock, while EURGBP would fly like rocket
Make all mistakes in demo and rain in pips in live account
  • #4,637
  • Apr 11, 2020 9:02am Apr 11, 2020 9:02am
Am jut analyzing what I know and may not do what I do, except you understand the strategies I have been sharing in this thread and the other one on Stochastic
Make all mistakes in demo and rain in pips in live account
  • #4,638
  • Apr 15, 2020 9:22am Apr 15, 2020 9:22am
Strong Bullish Engulfing Pattern on both EURJPY and CHFJPY
Make all mistakes in demo and rain in pips in live account
  • #4,639
  • Apr 15, 2020 11:11am Apr 15, 2020 11:11am
Hi 9Jatrader,
I just came across this thread. Is the system still same as post 1? We look for weekly candle to close above/below middle line, then if daily closes above/below the upper/lower band then we open trade? Has system adjusted for lower time frames?
Thank u very much
  • #4,640
  • May 5, 2020 3:07pm May 5, 2020 3:07pm
Quoting r-ali
Hi 9Jatrader, I just came across this thread. Is the system still same as post 1? We look for weekly candle to close above/below middle line, then if daily closes above/below the upper/lower band then we open trade? Has system adjusted for lower time frames? Thank u very much
Yes
Make all mistakes in demo and rain in pips in live account
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