Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#801,861
Jan 11, 2024 7:06am Jan 11, 2024 7:06am

BeeTogether
Joined Oct 2020 | Status: Trader | 14,014 Posts | Online Now

A big rejection of 12770!

Insane in the Brain..

#801,862
Jan 11, 2024 7:07am Jan 11, 2024 7:07am

Ehminiz
Joined Apr 2020 | Status: Trader | 645 Posts

Quoting Ehminiz

Disliked

{image}

Ignored

OUT of my short

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#Stay blue. /swinger/scalper/

#801,863
Jan 11, 2024 7:08am Jan 11, 2024 7:08am

mallee
Joined Jun 2013 | Status: Trader | 1,732 Posts

Quoting _BBKing_

Disliked

{quote} I see no difference in being a funded profifable trader, or being a own funds profitable trader. The only difference Is about having or not own funds.

Ignored

Yes, both are trying to make a quid. Not sure why a prop trader is inherently evil. Maybe I'm missing something.

#801,864
Jan 11, 2024 7:15am Jan 11, 2024 7:15am

Iansco
| Joined Jun 2008 | Status: let the profits run | 201 Posts

Quoting eyefeelsix

Disliked

{quote} I have got a better price buy on the orderblock zone, so i have to close one of them, CPI ahead is not a toy {image}

Ignored

My exact setup

Personal Journal...https://www.forexfactory.com/thread/1260265-the-journal

#801,865
Jan 11, 2024 7:21am Jan 11, 2024 7:21am

sharingan9
Joined Mar 2015 | Status: Trader | 1,439 Posts

Quoting 7154Superman

Disliked

{quote} I get that, yet responsibility goes both ways. If you are going to predict price direction and basically "guarantee" that you are right and everybody else is wrong, then you are also responsible for misleading rookies who don't have the know-how to prevent losing with good money management. Because no one is ever right all the time, and rookies don't know better. I am no longer a rookie. But I used to be, and did lose $$ because of such calls. I felt misled. And I also took responsibility for choosing to be led by someone I didn't know....

Ignored

Fair enough. You make good points. I think it would behoove FF to put a general disclaimer on the site nice and large so everyone can see that reads "All trade recommendations made in posts are not signals but personal speculative posts that still may lose no matter how confident they seem. Use with your own discretion." lol. I wish you continued green pips my friend

#801,866
Jan 11, 2024 7:27am Jan 11, 2024 7:27am

_BBKing_
Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts

Quoting mallee

Disliked

{quote} Yes, both are trying to make a quid. Not sure why a prop trader is inherently evil. Maybe I'm missing something.

Ignored

Problem is that people are considering prop firms standard rules as a way to make people fail and get them money.
Truth is different!
Being profitable trading with prop firms, does not only implicates one is able to click the buy/sell buttons and open a chart on a computer. It requires to always avoid overleverage and some other rules. Maybe most in the forum are able to trade in extraoverleverage without ever being hit.
Or maybe most are trading minimicrolots with multi weeks drawdown of 5 to 10$ drawdowns off a 500$ account ending the year with a 100$ profits.

I don't know, really.

What i know is simple: not everyone as a free 100k $ to trade off.
and prop firms give these people the opportunity. Of course, with rules!

90% of traders use TA, indicators and prediction