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  • Post #659,021
  • Quote
  • May 14, 2022 8:16am May 14, 2022 8:16am
  •  donfriday
  • Joined Jan 2009 | Status: WHO AM I €&$ ? | 6,643 Posts
I am still expecting some range to happen .....after a volatility price needs to cool off then change direction or go in direction of the major trend.
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  • Post #659,022
  • Quote
  • May 14, 2022 8:27am May 14, 2022 8:27am
  •  donfriday
  • Joined Jan 2009 | Status: WHO AM I €&$ ? | 6,643 Posts
Quoting Moty
Disliked
Yesterday I got proof that I do not need to have 1000 dollars in the account to reach my goals that it is a profit of 50-100 dollars per day, the only thing that can happen is that I will lose 1000 dollars, because with low leverage i can close a loss because the loss is only only 20-30 dollars, And not $ 100-200 and i say to myself i will stay because I'm already in big loss. In general the original plan is to start from $ 250 in the account and every $ 100 profit withdraw them and start over, and yesterday I started with $ 200, then I went up...
Ignored


if try such deposit and withdraw in my country i will lose more


if i withdraw i pay bank charges and also exchange rate is bad as my bank dont like to give out dollars
if i deposit i will buy dollar at higher rate everytime and also pay a transaction fee both with visa card or swift bank transfer.
if i withdraw often i am reducing my margin to take higher risk, For example if u trade 1 standard lot then the margin reduce and I wont be able to continue opening a higher positions.

my goal is to be able to open 10lots 1 day so assume i am doing 1 mini lot then i want to have a goal of 1 standard lot, do i need to withdraw often? no i dont all i need is money management or u can open a vault with ur broker then u can keep the money there if u run out of margin then u can transfer from the vault to trading account....fxpro have vault but IG dont but you can transfer between mt4 account and other to save urself from loosing all account balance
 
1
  • Post #659,023
  • Quote
  • May 14, 2022 8:40am May 14, 2022 8:40am
  •  ScalaFX
  • Joined May 2021 | Status: T and CT Trader | 1,419 Posts | Invisible
Quoting donfriday
Disliked
{quote} if try such deposit and withdraw in my country i will lose more if i withdraw i pay bank charges and also exchange rate is bad as my bank dont like to give out dollars if i deposit i will buy dollar at higher rate everytime and also pay a transaction fee both with visa card or swift bank transfer. if i withdraw often i am reducing my margin to take higher risk, For example if u trade 1 standard lot then the margin reduce and I wont be able to continue opening a higher positions. my goal is to be able to open 10lots 1 day so assume i am doing...
Ignored
Im with PxPro with 8 years aleeady and I dont wonna change that, solid broker and the vault is Perfect stuff, when you want more money on the account simply transfer and youve got it, also when you want withdraw no problem 1 day waiting, cheers!
 
1
  • Post #659,024
  • Quote
  • May 14, 2022 8:52am May 14, 2022 8:52am
  •  ScalaFX
  • Joined May 2021 | Status: T and CT Trader | 1,419 Posts | Invisible
Oil Perfect setup from daily, sell at open 108 TP 100, 800 pips for good week start I think
 
 
  • Post #659,025
  • Quote
  • May 14, 2022 9:28am May 14, 2022 9:28am
  •  Whale
  • Joined Jun 2013 | Status: Eyes on the prize | 6,501 Posts
Quoting Moty
Disliked
Yesterday I got proof that I do not need to have 1000 dollars in the account to reach my goals that it is a profit of 50-100 dollars per day, the only thing that can happen is that I will lose 1000 dollars, because with low leverage i can close a loss because the loss is only only 20-30 dollars, And not $ 100-200 and i say to myself i will stay because I'm already in big loss. In general the original plan is to start from $ 250 in the account and every $ 100 profit withdraw them and start over, and yesterday I started with $ 200, then I went up...
Ignored
You are only mark the winning.
What about the losing side?
From what i see every time that the market run for 100+ pips you are lost.
if it range below 100 you are still find yourself underwater of 50 pips, in fact you mention it all the time.. floating loss and then profit.

so yes, i agree, you do not need 1000$ to make 50-100$
maybe you need more than that.
and this is alright, the trader that you are trying to be has not yet been born.
not because you are not good, who am i to criticize?!
the history shows that its impossible!
all the biggest rules of trading written after those lads trying to trade like you do.

really hope you will succeed no matter what you will try.
i just dont believe that you can, that way.
sorry.
You can only lean on those things which provide resistance
 
4
  • Post #659,026
  • Quote
  • May 14, 2022 9:34am May 14, 2022 9:34am
  •  BigNumbers
  • Joined Jul 2021 | Status: AGAINST ALL ODDS | 828 Posts | Online Now
BTCUSD SHORT
SL 29327
TP1 28328
TP2 ?

lets get busy with this

I’m Blessed. Thank you Jesus!
If it was easy... Everyone would do it!
 
2
  • Post #659,027
  • Quote
  • May 14, 2022 9:48am May 14, 2022 9:48am
  •  Moty
  • Joined Dec 2017 | Status: Member | 18,325 Posts
Quoting donfriday
Disliked
{quote} if try such deposit and withdraw in my country i will lose more if i withdraw i pay bank charges and also exchange rate is bad as my bank dont like to give out dollars if i deposit i will buy dollar at higher rate everytime and also pay a transaction fee both with visa card or swift bank transfer. if i withdraw often i am reducing my margin to take higher risk, For example if u trade 1 standard lot then the margin reduce and I wont be able to continue opening a higher positions. my goal is to be able to open 10lots 1 day so assume i am doing...
Ignored
i am lucky that in my country and with my broker i deposit and withdraw in the currency of my country
i see the amount in my account in dollars , but it equal to what i deposite or withdraw with out the commission of the bank
this is because my broker is international but have a branch in my country so he can conducted in front of me with a bank account of my country
 
 
  • Post #659,028
  • Quote
  • May 14, 2022 9:51am May 14, 2022 9:51am
  •  Moty
  • Joined Dec 2017 | Status: Member | 18,325 Posts
Quoting Whale
Disliked
{quote} You are only mark the winning. What about the losing side? From what i see every time that the market run for 100+ pips you are lost. if it range below 100 you are still find yourself underwater of 50 pips, in fact you mention it all the time.. floating loss and then profit. so yes, i agree, you do not need 1000$ to make 50-100$ maybe you need more than that. and this is alright, the trader that you are trying to be has not yet been born. not because you are not good, who am i to criticize?! the history shows that its impossible! all the...
Ignored
It should be noted that twice yesterday I stumbled upon 2 losing positions of $ 10-20 and closed them manually, my dream is that I will put a stop loss once and let it close on its own.
You realize I could lose once and a half a whole $ 250 bill and still be at the moment.
Yesterday's successful trades can be any day
 
2
  • Post #659,029
  • Quote
  • May 14, 2022 10:08am May 14, 2022 10:08am
  •  nAVIN2007
  • Joined Dec 2007 | Status: mac daddy junior :) | 21,203 Posts
Quoting Nd10
Disliked
{quote} Hi Nav, You see. You made this post on 16th March. So it's almost 2 months done. Maybe we shall soon smile. Brought you here since you could not remember.{image}
Ignored
think the price has fallen by 500 pips since, gonna take longer..I feel
 
2
  • Post #659,030
  • Quote
  • May 14, 2022 10:11am May 14, 2022 10:11am
  •  Traderview
  • Joined Sep 2017 | Status: Member | 3,281 Posts
Quoting Traderview
Disliked
{quote} Update: {image} {image}
Ignored
Update:
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  • Post #659,031
  • Quote
  • May 14, 2022 10:43am May 14, 2022 10:43am
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 2,754 Posts
Price of Gbpusd is retracing, however trend remains down. Whale gives levels to look out for for next week. Good luck
 
 
  • Post #659,032
  • Quote
  • May 14, 2022 11:06am May 14, 2022 11:06am
  •  Moty
  • Joined Dec 2017 | Status: Member | 18,325 Posts
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  • Post #659,033
  • Quote
  • Edited at 11:29am May 14, 2022 11:11am | Edited at 11:29am
  •  Whale
  • Joined Jun 2013 | Status: Eyes on the prize | 6,501 Posts
Quoting Moty
Disliked
{quote} It should be noted that twice yesterday I stumbled upon 2 losing positions of $ 10-20 and closed them manually, my dream is that I will put a stop loss once and let it close on its own. You realize I could lose once and a half a whole $ 250 bill and still be at the moment. Yesterday's successful trades can be any day
Ignored
You are right,
but you know how difficult is it to do what you are aiming for.
i am not trying to tell you to do things differently, i know you are intelligent to figure out things.

in my opinion, after more of a decade of trading that i seek after maximize profits only, i realize that the real deal about trading is to minimize risk.
For me is the only way to surviving this war.
Technically, what is the main problem?you are full margin lets say 0.2 , and after 20-30 pips, you are down 50-60$
If you will close it/SL than next position will be 0.14
and so on.. so to bring back the account to BE its harder mission.
IMO if you will hold 1000$ account and you will handle it in the mindset of 250$ account : max 0.2 total position the odds to survive are higher by 400%
think about it.

Most of the time you are left to yourself one shot, one trade. It impossible to be so accurate with only one shot, even the best sniper in the world miss.
Think about NBA player, you are hooping 50
points for the game, but you
missed the last shot on the buzzer, lost.
50 point are good for stats, but your are without the money.
You can only lean on those things which provide resistance
 
4
  • Post #659,034
  • Quote
  • May 14, 2022 11:33am May 14, 2022 11:33am
  •  RaHaG0D
  • | Joined Nov 2021 | Status: I'm colorful and happy | 79 Posts
Maybe!!!
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I pray for the rain of gold from the sky for you and me
 
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  • Post #659,035
  • Quote
  • Edited at 11:49am May 14, 2022 11:36am | Edited at 11:49am
  •  tiborf71
  • Joined Apr 2011 | Status: rookie | 3,005 Posts
Quoting Whale
Disliked
{quote} You are right, but you know how difficult is it to do what you are aiming for. i am not trying to tell you to do things differently, i know you are intelligent to figure out things. in my opinion, after more of a decade of trading that i seek after maximize profits only, i realize that the real deal about trading is to minimize risk. For me is the only way to surviving this war. Technically, what is the main problem?you are full margin lets say 0.2 , and after 20-30 pips, you are down 50-60$ If you will close it/SL than next position will...
Ignored
so I think if there is no good strategy then there is no point in trading.
good RR.
good DD.

the martingale can help, of course, only cleverly.
 
1
  • Post #659,036
  • Quote
  • May 14, 2022 12:26pm May 14, 2022 12:26pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 18,325 Posts
Quoting Whale
Disliked
{quote} You are right, but you know how difficult is it to do what you are aiming for. i am not trying to tell you to do things differently, i know you are intelligent to figure out things. in my opinion, after more of a decade of trading that i seek after maximize profits only, i realize that the real deal about trading is to minimize risk. For me is the only way to surviving this war. Technically, what is the main problem?you are full margin lets say 0.2 , and after 20-30 pips, you are down 50-60$ If you will close it/SL than next position will...
Ignored
i based those trades on close above or below the bands or the pivot line with 1 to 1.5 w/l ratio
stop loss is placed in the opposite side of the bands
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  • Post #659,037
  • Quote
  • May 14, 2022 12:28pm May 14, 2022 12:28pm
  •  kourosh1347
  • | Joined Nov 2009 | Status: Member | 118 Posts
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  • Post #659,038
  • Quote
  • May 14, 2022 12:36pm May 14, 2022 12:36pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 18,325 Posts
Quoting Moty
Disliked
{quote} i based those trades on close above or below the bands or the pivot line with 1 to 1.5 w/l ratio stop loss is placed in the opposite side of the bands {image}
Ignored
or you can trade the m1 chart with a lot of patient
you will get a lot of little and little loss and also be , but you will catch 3 or 4 big that will make you a lot of pips
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  • Post #659,039
  • Quote
  • May 14, 2022 12:40pm May 14, 2022 12:40pm
  •  Wilczur
  • Joined Jan 2020 | Status: Ordinary Dog | 149 Posts
We are going to 1.24 level next week?
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Real 2 All Time Return: 423.0%
 
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  • Post #659,040
  • Quote
  • May 14, 2022 12:49pm May 14, 2022 12:49pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 18,325 Posts
Quoting Whale
Disliked
{quote} You are right, but you know how difficult is it to do what you are aiming for. i am not IMO if you will hold 1000$ account and you will handle it in the mindset of 250$ account : max 0.2 total position the odds to survive are higher by 400% think about it.
Ignored
i try that my friend , many times , but i also got in with the all lot , crazy i know
what is the problem with 250 $ in the account ? i have doubled a and tripled it and more of that , 3 times recently .
on Friday i lost what left from my 870 $ that i earned the all week
deposite 287 $ lost then also and deposite 287 $ and from there i came down to 200 $ and from there is history
gain of 428 $ to a total equity of 628 $ that covered the 2 deposites and i have 54 $ more
i can deposite and trade it very fast , 30-60 mins from the actual deposite
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