For example, right now i’m scalping on my contest account using tick chart and 4hourly pivot levels. Price is bouncing off USDCAD’s bunch of MAs, i’m expecting price to reach 1.31301 (4hourly R1 level), my stoploss will be at 4hourly pivot level.
Another reason why i choose to continue trading is because the Dukascopy contestant simply are outrageous, they are still trading even now, and gaining Pnl of like 40%. I don’t want to get a placing that is too low. It just hurts my pride too much. I’m aiming for 20% gain on my Pnl % and i’m really going to call it quits. There really are many aggressive consistently profitable trader out there. Like Komias, fx211pips, forexbugiy. I often see these guys/girls in the top 20 in the trading contest. It is not a myth that there are profitable traders, consistently profitable traders are real. Just follow Mannx , Tradeviper and Dennis’s thread. Sometime they will input their opinion on certain trades and they are definitely accurate most times. I will take reference and may choose to follow their direction. Many of them just choose to lay low profile. Why? Because they are already successful, they don’t have to prove anything to anybody. Previously, there was also Adnan who post his trades in the open, and now we a true contrarian rrram² who is also a profitable trader. Profitable traders are real.
For me, i’m still an evolving profitable trader with some personality issues that need to be sorted out.
I’m bad man when it comes to contest.
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♂
