I have been getting some requests from you guys to share my trading results, so here are my results over the past month. I'm not the person to aim for 200% gain per month. I aim for 10-20% per month. So for this month I have reached my goal, which makes me proud. And if you disagree, then that's fine.
And yes, the last few days I have lost most of my trades. It happens. If you're not ready to lose, you're not ready to trade.
I started with 500 dollars
I opened an operation on nzdjpy at 80,771 which was negative at 400 dollars
I quit closing the mt4 and left it,
I opened it again it was at 82,349
With a lot of 4.61 and leverage of 500 I won 6366.00 dollars
Incredible is not it?
Right after following some people in the tradingview who has little error.
I lost everything by buying lots of 5.0
I put in another 1000 dollars
I lost again
I decided that I would not follow anyone else.
I started to train
Read about risk management
Now I buy lots of 0.10
I'm earning something around 3% a day
I'm sad but happy
Happy because I'm getting better every day.
And the secret here is not to hit
Is managing how much you lose when you miss
I hope you understood
I used the translator because I speak very little English.
11021992
⋅
@gotchgo, I'm glad you're doing alright. And yes, money management is the most important thing in trading. The strategy may be near perfect, but if your money management is bad, you are likely to still lose money after a while.
Good luck to you in the future!
NewsFilters
⋅
If you have a loosing streak, people naturally loose confidence, even a special person can. what I actually do is trade less than 0.10 and build up my confidence once that happens to me :)
Today, I lost a good opportunity to earn 145 pips :S
11021992
⋅
@NewsFilters, Yeah, I feel ya. I know that I will make money in the long run, just sometimes lose a few in a row. All part of the game.
menyuken
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Pretty good result, cheers!
11021992
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@menyuken, Win rate was pretty poor, but with good R:RR and money management anything is possible :)
MrDinasty
⋅
amazing, thanks for sharing ideas and keep up the good work
I opened an operation on nzdjpy at 80,771 which was negative at 400 dollars
I quit closing the mt4 and left it,
I opened it again it was at 82,349
With a lot of 4.61 and leverage of 500 I won 6366.00 dollars
Incredible is not it?
Right after following some people in the tradingview who has little error.
I lost everything by buying lots of 5.0
I put in another 1000 dollars
I lost again
I decided that I would not follow anyone else.
I started to train
Read about risk management
Now I buy lots of 0.10
I'm earning something around 3% a day
I'm sad but happy
Happy because I'm getting better every day.
And the secret here is not to hit
Is managing how much you lose when you miss
I hope you understood
I used the translator because I speak very little English.