Hi @Panda_Forex, I don’t have any ideas on what you should avoid, just because the strategy I use, I trade any possibility I see, I trade with the trend or against it and I trade during news events, I scalp Gold and take longer trades at times, I lock or use martingale to recover the losses etc… You probably read everywhere the opposite - follow the trend, don’t use martingale, locks and avoid news I guess the only thing to avoid in whatever trading is your emotions, don’t let them take over you and never set a specific target for a week or a month etc…
Thank you for your feedback @JannaFX!
I agree with you, we should not set the target for a week or a month since it’s easy make us stressful to archive it.
Martingale betting system insane , Fibonacci ie
1,1,2,3,5,8 abit more plausible especially if you incorporate a break in the sequence and start again
That’s amazing. At this rate, in 12 years you could have $16,000,000,000.
Hello everyone! November closed with $8000+ profit! And my last week profit was
$1400+ already!
Happy Trading!
Great job @JannaFX!
$8,000+ for a month is very good income. You inspire me to keep striving every day.
Holy crap this is amazing. You never withdrew anything at all?
Also can you tell us more about your “recovery system”?
That’s really impressive! Yeah, that’s the power of reading trading chart! Thanks for sharing!
Impressive stats for sure. Have you traded pretty much same system the last 3 years?
I had withdrawn $60K a while ago. Recovery system is easy - after the SL hit, I open an opposite trade with a bigger lot, to cover the loss and make a profit, so basically its martingale… That’s why I start with a small lot size and keep a reasonable account size.
You are welcome! And thank you!
Yes, just changing the distances for pending orders and SL, TP.
Hello my friends! I continue with my results this week - 5th -10th December 2022 trading Gold. I have one trade is still floating, which is in recovery mode.
Happy Trading everyone!
Hello my friends! My results this week 12th - 16th December 2022! I have 2 still in recovery.
Next 2 - 3 weeks might be very slow because of Holiday season! I will continue to look for some trades but we could face few recoveries, the better time to start a new trading season is usually from mid January - February.
Happy Trading everyone!
[Edited for a Forums Violation]
Hello my friends! Happy New Year 2023! My trading season started a bit earlier this year and it’s already brought me some profit – slightly over $1000! Below you can see some of my trades - pending orders before the move and the result after. I continue to trade Gold with the same strategy which I explained before.
In December 2022 I made slightly over $8000! And below you can see my trading results month by month in 2022!
Happy Trading everyone!
So inspirational. Thank you.
Meanwhile I can’t even afford to buy this pair lol. ONE DAY! I’m so happy for you and I hope you continue updating this journal!!! Can’t wait for you to hit $100k!