Usually i trade gold and wtioil,
For forex EU,GU,EJ and GJ
Recently i tried trading daily candle but watching all pair,
Not doing so well ,so back to old H1 and H4 candle
It’s been going well for me😁. I think it’s the best method I can adapt to, cos when I tried to get up to 10% a month I ended up blowing my account😔
Yep, I just forget it. It’s easy to move on quickly and not overtrade when you are patiently waiting for a trade. If I only aim 1:1 then I only need one good trade to cancel it out. Theres no pressure on my mind.
Actually, I’m still on the learning process so if I’m losing money at least is on a demo account!!!
Oh. Now I get it! Sorry about that. Huhu. I kinda overcomplicated your response in my mind which made it confusing for me. Huhu.
Ooh. There have been much movement with EURUSD recently huh. Were you able to get in on that?
Yaaay! That’s great. Good for you! Sometimes, the more we want to achieve, the more we have to risk. So I guess it’s better to be consistent than to risk and lose it all. Haha.
Aww. I aspire to be this kind of chill. Haha. I used to always pressure myself to get into trades, just because I don’t feel any “progress” if I don’t have any open trades. Haha. I’d like to think I know better now. Haha. But still hope to get to this level! Has it ever happened that you did not take any trade for a whole month?
SAME HERE! Hahaha. Omg. I’m still trying to condition myself with the idea of losing real money. Good luck to you btw!
Good luck to us all!
Sometimes December doesn’t have enough trades because half of the month is a holiday. But it’s ok as long as your expenses are low.
Ah. Yeah. Makes sense. Idk if you’ve seen this thread I made before about how some people say August is a dead month for trading. Many people here have shared their August trades and basially disproved that. But have you ever experienced something like that for the month of August?
Yes my trade depends on my risk apetite as long with my remaining margin.
In my opinion most of the summer is a dead period for trading but August and the beginning of September are the worst.
Oh yeah. That makes sense. Thank youuu.
Based on your experience? Why do you say so? I feel like other people feel the same way. Haha. But then again, I feel like the strategy has a lot to do with the number of trades you could open at any given month.
It’s entirely based on my experience, which means it’s a very subjective opinion. Others may disagree.
There have been exceptions, but I feel like during that period the pairs I trade tend to do little else but consolidate.
It totally depends on your desire I normally do not make monthly targets . My routine is to work with daily or weekly targets. it is easy to evaluate my performance with them. Then I am able to change my strategy quickly not wait for a month to see what I gain or loose. Simply decide to chose best way toget my targets.
My new goals are to make a profit that justifies sleeping as bad as I’ve been =(
I feel you. It’s the rainy season here in the Philippines and it feels sooo good to just sleep in. But of course, this week, I’ll try to make up for all my sleep in profits! Wish me luck!
The beginner's guide to FX trading