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$10 account challenge all the way up to $100,000 by Forexer

  • #81
  • Jun 17, 2022 12:16pm Jun 17, 2022 12:16pm
Dear traders

I haven't engaged actively in the market as the liquidity is not high enough to risk for big profits like yesterday.

Anyway just 1.1% daily return is made out of scalping GBPJPY and GBPAUD today.

This week 98% profit have been secured and booked in all time high weekly return.


Until next trading week i wish you have nice weekend.

Thanks .
I always knew that someday I would make it big
  • #82
  • Jun 20, 2022 11:10am Jun 20, 2022 11:10am
Dear traders,

My challenge account today got stuck in a total illiquid market due to US banks holiday so liquidity indicators dropped sharply affecting my trades and losses occured.

0.2% losses today .


Lesson learned:

Don't trade in illiquidity market conditions it will be a real hurdle to make money trading in such conditions.

Wish you happy trading

Thanks.
I always knew that someday I would make it big
  • #83
  • Jun 21, 2022 10:49am Jun 21, 2022 10:49am
Dear traders,

Today my challenge account got a nice loss of 19% daily loss as my buying positions of GBPUSD didn't work out and momentum failed to proceed as a result the trade turned around against me and i was forced to offload my grid positions to minimize risk and i ended up taking a massive 19% daily loss.

Unlucky me today , i will try to do my best next time.

There is a new lesson to be learned every day.

Trade well .

Thanks
I always knew that someday I would make it big
  • #84
  • Jun 22, 2022 9:03am Jun 22, 2022 9:03am
Dear traders,

Multiple sterling pound semi grid buy orders have already been executed at a very important demand levels .

An update in few minutes

Thanks
I always knew that someday I would make it big
  • #85
  • Jun 22, 2022 1:26pm Jun 22, 2022 1:26pm
Dear traders,

All GBPUSD trades were closed in a profits of 32% daily return.

Liquidity was at the highest level ever ,and a strong buy signals triggered by TA forced me to go long immediately.

I made my day.

Thanks
I always knew that someday I would make it big
  • #86
  • Jun 22, 2022 8:52pm Jun 22, 2022 8:52pm
You are doing a great job coming back from the small draw down again and again. Cheers have a good week.
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return: 35.8%
  • #87
  • Jun 23, 2022 1:55am Jun 23, 2022 1:55am
Quoting FXSayWhat
You are doing a great job coming back from the small draw down again and again. Cheers have a good week.

FxSay, Good to see you again bro, I really appreciate your encouraging words .

Yes I often managed to get back from deep drawdown but i have to admit I'm trading way too aggressive and i was about to get margin call in many trading situations .

I say it again and over again , it doesn't matter if you are an aggressive or conservative trader bear in mind that risk management is the determining factor for traders to survive this frantic market in the long run.


I'm always looking forward to hearing from you my friend.

Thanks
I always knew that someday I would make it big
  • #88
  • Jun 23, 2022 4:50pm Jun 23, 2022 4:50pm
Quoting forexer
{quote} FxSay, Good to see you again bro, I really appreciate your encouraging words . Yes I often managed to get back from deep drawdown but i have to admit I'm trading way too aggressive and i was about to get margin call in many trading situations . I say it again and over again , it doesn't matter if you are an aggressive or conservative trader bear in mind that risk management is the determining factor for traders to survive this frantic market in the long run. I'm always looking forward to hearing from you my friend. Thanks
The second you put this title up there you made a big step forward. The greater reward comes with greater risk. It's an act of balance. Don't let the expectation from you and others cloud your judgment. You got this brother.
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
100 Hits 0 Miss All Time Return: 35.8%
  • #89
  • Jun 25, 2022 11:22pm Jun 25, 2022 11:22pm
Good luck!
You can reach me on Telegram @ KramerFx
  • #90
  • Edited Jun 28, 2022 5:45am Jun 27, 2022 11:57am | Edited Jun 28, 2022 5:45am
Quoting FXSayWhat
{quote} The second you put this title up there you made a big step forward. The greater reward comes with greater risk. It's an act of balance. Don't let the expectation from you and others cloud your judgment. You got this brother.

Yeah ,you're totally right ,there is no free lunch ,every high return comes with high risk ,no shortcut to be a profitable trader ,you have to choose between two things Higher return with higher risk OR lower return with low risk .

There is no place for fearful inexperienced and emotionally weak traders ,this market needs someone with gut ,it takes courage and good money management to be a profitable trader.

Thanks for your comment my friend

Wish you good luck.
I always knew that someday I would make it big
  • #91
  • Jun 27, 2022 12:01pm Jun 27, 2022 12:01pm
Quoting KramerFx
Good luck!
Hi ,KramerFx,

Thanks for your kind words ,i wish you have good time following my journey .

Good luck to you too bro.

Thanks
I always knew that someday I would make it big
  • #92
  • Jun 27, 2022 12:02pm Jun 27, 2022 12:02pm
Hello traders,

A multiple grid positions have been opened buying EURUSD.

An update in few minutes.

Thanks
I always knew that someday I would make it big
  • #93
  • Jun 27, 2022 1:59pm Jun 27, 2022 1:59pm
Quoting forexer
Hello traders, A multiple grid positions have been opened buying EURUSD. An update in few minutes. Thanks

All Buy EURUSD positions are closed successfully


Thanks
I always knew that someday I would make it big
  • #94
  • Jun 28, 2022 11:23am Jun 28, 2022 11:23am
Hello traders,

Today Only 0.6% return is achieved it's a little but better than losing .

Liquidity didn't help me out to push up my buying positions as volumes and liquidity dried up.

I'm out of the market waiting on the sidelines as market sentiment remains neutral.

Wish you happy trading.

Thanks
I always knew that someday I would make it big
  • #95
  • Jun 29, 2022 5:12am Jun 29, 2022 5:12am
Dear traders,

Grid positions have been executed to buy USDJPY as momentum building and liquidity analysis shows that liquidity is in higher level than yesterday.

USDJPY buy positions in play.

An update in few minutes.

Thanks.
I always knew that someday I would make it big
  • #96
  • Jun 30, 2022 2:00am Jun 30, 2022 2:00am
Dear traders,

All USDJPY long positions were closed in a massive loss of 7% few hours ago.

It was a bad call yesterday but this is the way markets work and we have to respect the market and take the loss whenever needed

Happy trading

Thanks
I always knew that someday I would make it big
  • #97
  • Jul 1, 2022 4:32am Jul 1, 2022 4:32am
Hello traders,

Multiple Smart Grid GBPJPY selling positions have just been executed manually mixed with Hybrid Algo tactics to manage risk effectively as the system spotted a golden opportunity to go short the most dangerous currency pair GBPJPY this morning.

GBP shorts still in play waiting to see what's going to be happening in the next few hours.

Wish me good luck.

An update in few hours.

Thanks
I always knew that someday I would make it big
  • #98
  • Jul 1, 2022 9:04am Jul 1, 2022 9:04am
Quoting forexer
Hello traders, Multiple Smart Grid GBPJPY selling positions have just been executed manually mixed with Hybrid Algo tactics to manage risk effectively as the system spotted a golden opportunity to go short the most dangerous currency pair GBPJPY this morning. GBP shorts still in play waiting to see what's going to be happening in the next few hours. Wish me good luck. An update in few hours. Thanks
Hi,
Important updates

All grid short GBPJPY positions have been closed successfully in 24.5% daily gains.

It was a profitable and interesting day as liquidity got intensified at its highest level ever triggered by fundamentals.


Lesson learned:

keep yourself in check and disciplined all the time only trade the high volumes times ,and keep away from thin volumes markets conditions.

Thanks.
I always knew that someday I would make it big
  • #99
  • Jul 1, 2022 10:19am Jul 1, 2022 10:19am
Great job on selling the GBPJPY at the top of the retracement today! Though I do want to ask - How do you mentally get around this idea knowing that GBPJPY went down to 161.6? As in, you could've made so much more but yet scalped a small part of the market. Did you consider re-entering the markets again, or you chose not to overtrade?

Keep it up!
  • #100
  • Edited Jul 3, 2022 4:06am Jul 2, 2022 12:41pm | Edited Jul 3, 2022 4:06am
Quoting Strykes
Great job on selling the GBPJPY at the top of the retracement today! Though I do want to ask - How do you mentally get around this idea knowing that GBPJPY went down to 161.6? As in, you could've made so much more but yet scalped a small part of the market. Did you consider re-entering the markets again, or you chose not to overtrade? Keep it up!

Hi Strykes,

Happy to see you here again .

You've raised a good question and thank you for asking me such question as I'd better to elaborate on this a little bit so my answer could be helpful for all traders following my thread.

Yes, it was really amazing to watch the beast GBPJPY plunged all the way down to 161.60 strong support level , it's amazing to imagine that if you had sold the pair from the very beginning of selloffs move to target the 161.60, you would've made a fortune but I'm sorry to say it's impossible to get everything in real life ,and the forex market is no difference, you have to accept what's the market is willing to give you ,the market has its own way to punish the greedy one who doesn't respect what the market gives.

So I could've continued to ride the move down and not closing it early but that is not a disciplined trading ,that will be an emotional trading and emotions don't make money in the markets.

I know it's a psychologically hard to exit your position too early accepting a little money only to watch your trade gone this far to make such a massive downward move ,and beating yourself up for getting out too early of such lucrative trade.

The keyword of success in forex market is discipline if you have real discipline that means you have unchangeable daily , weekly, and monthly P/L targets .

Like a bricklayer showing up at the same time every day laying the bricks the same way ,one after another and never change the rules.

Trade like a lion emotion free and don't get affected by fear and greed .

And don't forget little profits every day adding up in the long run pushing it to the limits.

High discipline and patience pay off in the end .

Thanks
I always knew that someday I would make it big
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