Can you elaborate on your money management side if you don’t want to talk about the strategy? You have said that you have made 5% a day with the account as the SL. That means that each trade is risking 20 to make 1. This is of course if you are only ...

Gold Nugget For You!

image This is a trade I took on the USDJPY 1H chart. I looked for the 100 pip or so trending in one direction. This trade was trending down. As you can see price didn’t really retrace in that one move. It then consolidated in the last few candles ...

Slow Journey to Discipline

I thought I might explain my logic for my risk to reward ratio of 1: 0.3. I really haven't seen many people who trade with a negative ratio and some who adamantly say it’s a long term recipe for disaster. Trading with a negative risk to reward has ...

Slow Journey to Discipline

I actually trade with a negative risk to reward so I'm not knocking you. I just think your ratios are a little extreme. with your example how many of the 10,00 trades would hit a stop loss? because if it's 1- 5, ok then with consistent withdrawal ...

Follow the trend

Can you elaborate on the maths behind this? Like what is the actual risk. how much of your ~10K are you risking if the trade stays range bound and you keep adding sells and buys? you are essentially adding around 0.2 lots every time it changes ...

Follow the trend

This part is so often looked past. All the rest are solid points but I think this is a hidden gem. So many times people have pitched me an idea and It doesn't fit my way of trading, yet I've talked myself into the trade. It hurts so much harder when ...

What I learned after losing $300,000 trading forex

I have seen Simple Ton turn 2K into 100K. It's achievable but you take on huge risk and it will not go on forever. If you take withdrawals regularly then it can be profitable but the higher your account goes the harder mentality is to trade. I also ...

i doubled 5k to 10k in a days

Good job mrdfx, I love this thread! it reminds me of the rags to riches approach. Have you thought about taking withdrawals later on or is the idea to let it ride until your goal of 409K?

$409k Challenge

Good Luck wnabo, Your Trade Report says you have a win rate of 46%, yet you are in a 33% DD. What Risk to Reward are you using?

USDJPY Journal