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My LiteForex Experience

  • #1
  • First Post: Edited Apr 2, 2024 2:31am Mar 21, 2024 5:44pm | Edited Apr 2, 2024 2:31am
Perfection is not attainable, but if we chase perfection, we can catch excellence.

This is more like my personal trading journal, my focus is on GOLD and my platform is LiteForex..

Please you are all welcome to make your input, observations, or share your personal trading experience etc on this thread..
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Okechukwu Jacob.C.
  • #2
  • Edited 6:25pm Mar 21, 2024 5:48pm | Edited 6:25pm
I started trading forex 2009 (15 years ago) I had so many ups and down, blowing different accounts, but I kept on keeping on and learning from each failed technique until some time last year when I eventually concluded on a particular trading pattern that is consistent over time and that's PA
Okechukwu Jacob.C.
  • #3
  • Mar 21, 2024 5:50pm Mar 21, 2024 5:50pm
I tried different pairs but finally settled for XAUUSD (GOLD) because of how volatile it is..
Okechukwu Jacob.C.
  • #4
  • Mar 21, 2024 5:52pm Mar 21, 2024 5:52pm
I have been with Liteforex now Litefinance from 2009 till now because it's different features like the Cent account, Social trading..etc
Okechukwu Jacob.C.
  • #5
  • Mar 21, 2024 6:49pm Mar 21, 2024 6:49pm
I will create a trade explorer showing my live trades with Liteforex over time, but for now let's cont.
Okechukwu Jacob.C.
  • #6
  • Mar 21, 2024 6:51pm Mar 21, 2024 6:51pm
I started the LiteForex Social Trading in Dec 2023 with just 10$
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Okechukwu Jacob.C.
  • #7
  • Edited 7:18pm Mar 21, 2024 7:01pm | Edited 7:18pm
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This is the journey so far in the last 4 months
Okechukwu Jacob.C.
  • #8
  • Mar 21, 2024 8:00pm Mar 21, 2024 8:00pm
I just spotted this scalp (XAUUSD) GOLD
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Okechukwu Jacob.C.
  • #9
  • Mar 21, 2024 11:57pm Mar 21, 2024 11:57pm
Quoting jacobokey12
I just spotted this scalp (XAUUSD) GOLD {image}
This is what I found few hours later
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Okechukwu Jacob.C.
  • #10
  • Mar 22, 2024 12:03am Mar 22, 2024 12:03am
Quoting jacobokey12
I just spotted this scalp (XAUUSD) GOLD {image}
This is the result..!!
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Okechukwu Jacob.C.
  • #11
  • Edited 12:33am Mar 22, 2024 12:08am | Edited 12:33am
Quoting jacobokey12
{quote} This is what I found few hours later {image}
You can as well view it this way (on my History)
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Okechukwu Jacob.C.
  • #12
  • Mar 22, 2024 1:12am Mar 22, 2024 1:12am
how is the Gold win correlated to the broker?

It's not like the broker helped you.
Looka to me that they have large leverage, allowing you to blow your small account faster than ever!

Of course great for Traders that like to gamble with small accounts (some may just call it addiction).
The subconscious mind is in control, not the conscious mind.
  • #13
  • Edited 4:55am Mar 22, 2024 1:36am | Edited 4:55am
Okechukwu Jacob.C.
  • #14
  • Mar 22, 2024 4:06am Mar 22, 2024 4:06am
I just spotted another a scalping here..
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Okechukwu Jacob.C.
  • #15
  • Mar 22, 2024 4:59am Mar 22, 2024 4:59am
Quoting UST
how is the Gold win correlated to the broker? It's not like the broker helped you. Looka to me that they have large leverage, allowing you to blow your small account faster than ever! Of course great for Traders that like to gamble with small accounts (some may just call it addiction).
Hi UST, I just edit my first post so it doesn't seem like I am advertising or selling any content for my broker (LiteForex).
Nevertheless, having stayed with a firm consistently for up to 15years without hidden tricks, it's only natural to acknowledge them wholly in my trading journey.

In addition, it's leverage gave me the opportunity to blow so many little account untill I grew and wouldn't blow any account again, but build accounts instead.
All of the above is the reason for this thread, so I can share my experience, please do well to share yours too so others could learn.

Thanks for dropping by pal..
Okechukwu Jacob.C.
  • #16
  • Mar 22, 2024 6:53am Mar 22, 2024 6:53am
Quoting jacobokey12
I just spotted another a scalping here.. {image}
Fed Chair Speaks in an 1hours time, you wish to reduce risk if you started trading from the top, or hold if your heart is tough enough..
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Okechukwu Jacob.C.
  • #17
  • Mar 22, 2024 9:01am Mar 22, 2024 9:01am
Today's trade was not mine, but no probs, better days ahead...
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Okechukwu Jacob.C.
  • #18
  • Mar 22, 2024 10:11pm Mar 22, 2024 10:11pm
Quoting jacobokey12
Today's trade was not mine, but no probs, better days ahead... {image}
Yeah, yesterday's trade was not completely bad though, I was able to recover back without a loss..
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Okechukwu Jacob.C.
  • #19
  • Mar 23, 2024 6:44am Mar 23, 2024 6:44am
Hope your weekend is going on well, would be posting some photo pics to keep the weekend going...
Okechukwu Jacob.C.
  • #20
  • Edited 12:51pm Mar 23, 2024 10:11am | Edited 12:51pm
It does not matter how slowly you go as long as you do not stop going.
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Okechukwu Jacob.C.
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