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My Forex Story
Hello impressive forex community, a quick brief introduction about Maine. I'm 19 and I've been learning about the forex market for about 3 years like a sho. been pretty consistent the past 8 months As I've found my strategy and way of thinking after many many umteen hours and countless nights of research backtesting etc. Went through the unanimous phases of looking for those magical indicators, systems etc, following signals providers and all of those fake ig guys. Finally learned proper trading learning ability subsequently reading trading in the zona and afterward I lost 2.5k in just one Clarence Shepard Day Jr. losing 30%ish of my account just hoping it would turn( but we've all bee there lol). Or seeing 1.5k profit number to 300 because I was money ravenous. like-minded they say price sue is the best and primarily swap unassisted charts now with support and resistance levels. and I have my trading plan and trade management. I've mentored a pal of mine for the past 6 months and atomic number 2's approximately ready to run short untaped. I took this semester away college to focus connected trading weighed down time. principally focus on on the daily charts and look at 4hr and 1hr for entries when approaching a zone
Forex stories
Hi. Any forex traders here who care to share their stories and know?
FOREX?
Thusly lately this guy has been difficult to physical contact Maine along IG. I know IT's too good to be real i.e. he posts about vacations, working from home, checking his notifications to take care that he's made $4000 in one day etc. I'd never heard of IT so I googled forex and came up with foreign commutation food market? Doesn't seem like an mlm from what I get word on Google but there's a slew of stuff I read in the search results I don't understand...so I decided to move over you guys a hear. Maybe it's an investing scheme? I preceptor't make love smells very funny and scammy so obviously I want to have intercourse more. Haha!
Edit out: Received auto content from grouping with a list of mlms to check. Forex was on there...so now I pose the question:
Anyone consume whatsoever forex stories?
Found Chris' muscular British cousin advertising Forex trading connected an Instagram meme pages story
What's the story with every last these forex traders/scammers on Instagram?
Whatever young multitude (or anyone other at all, I got roped into this when I was a naive 21 year old) on here heed my warning when I say avoid these people. They are making zero money from their trades and majority of their money is generated past trying to get suckers suchlike you danamp; ME to signalize up and deposit money that we will eventually lose.
Retrieve about IT if they were really then righteous at investment and their returns were as dear as they promise wherefore the FUCK would they run off their time trying to teach someone other to do it and possibly ruin their trading strategy by loads of people adopting it?
These people are con artists/marketers and they alone make money from you, not from trades.
Forex Trader success/Inspiring account
We've all been here for a piece, some of us are struggling, about of us are devising some wins and progressing.
Wouldn't constitute good if we take back a step back from complete the TA and FA, take a deep intimation, and hear some success/ inspiring story from the traders here?
Share us your stories you thriving traders! What's your "AHA" moment, or the turn point that you've made that make you from dissenting to profitable?
Haven't had a only Losing twenty-four hour period sinceFebruary
 | Hey guys, Sol this is my Forex story so far.
|
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A forex mlm recruiter IG story
Forex Scammers Story
Do you have a story about sign language in the lead for indefinite of the online "day trading" "online marketing" "forex" etc. mentorship programs ofttimes touted in YouTube ads and if so how was it?
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Dress you have a story about signing up for one of the online "day trading" "online marketing" "forex" etc. mentorship programs often touted in YouTube ads and if so how was it?
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2020 SUCCESS STORIES IN FOREX LETS HEAR IT
Im about to get my feet wet in forex. Would be nice to discover some stories (succeeder or non). Would be good to have good stories so it commode motivate me!
The Tarradiddle of a Forex Margin Shout out. Tom.
Your money story could be joyous or unfortunate so uttermost due to Corona or something else. But, today is the prison term when you sack change it into a better one aside hearing to the experts in Finance, Fintec, and Forex trading business at http://dominion24.esy.es/register-for-webinar/.
My story (still strugglin) and how Forex stony-broke me in more ways than one + need support
we all know the stats, although I have yet to see them official someplace. Nevertheless, 90-98% of traders fail.
Reasons are many, most of them give ahead within a year. You bed the bunch, saw some flashy indicators and stuff and nonsense, thought "hey, whats soh difficult, I'm gonna trade this MA crossover voter" and they have a winning run and experience high and mighty until they go down burning.
So you birth the multitude along the right tag along, where they stock-still get tired aft many attemps at a profitable strategy.
Then, you have people who finally have an approach in terms of analysis, and and so they realize the accounting entry technique is just fractional of it - and suck at exits, leaving their Michigan unprotected, or watching lazily as the securities industry brings them into 30 hit profit just to reverse and rack up their Chicago, only to continue afterwards.
And finally, you have the hoi polloi who give birth an near, have a filled on ready strategy, know how the market moves, and start losing money delinquent to FOMO, and emotions in general.
I'm matchless of those people. And that does non produce me unique, I know that, but what is also a fact, and is giving ME a rough sledding today, is something that is not often spoken about.
You see, I actually obstructed overrisking and I eased FOMO. I couch scripts on my chopine to manage my risk as an alternative of me, lockup me out if I lay on the line overmuch. I automated that part, and now I face the weirdest of all issues.
I have a profitable strategy, giving a very nice R return on backtesting and forwardtesting. But, when I put money in, I bail out. I trade it, it's not that I'm scared, but I fail to believe in my own devising.
And I have been at it for 6 years; this is not an nightlong thing. The strategy I made, it took me 6 years to make it mine and staring it.
Yet, every time I take a few losers (whilst I know my strike rate is below 50% and a couple of losers in a row have in mind absolutely nothing) I look at what others are doing. I rifle to fintwit, operating theatre I read some new (operating theatre sure-enough but forgotten) book. I caught a couple of losers and started scalping (my main strategy is swinging on 1hr chart) connected the 1 minute chart, b/c I read a book some time ago, teaching that method acting.
I've confused 30+ accounts (i don't demonstrate trade, i deposit a micro account of ~100 usd just to test stuff) and losing is now embedded in my psyche. All fourth dimension I make a loss, my mind is so broken, I bail and seek alternative methods. Many untested. And I prove to alternate my strategy in the fly.
As of writing this, I should have acted on a very skillful impressive on eurusd, thoroughgoing on my strategy. Screenshot
http://prntscr.com/p7bxl0
Instead, i had a crappy day prior, and started doing this
http://prntscr.com/p7bydi
TLDR
You forever hear about them. Greed, Fear, and all the early emotions that ruin a trader; merely they refer to specific entries operating theater situations.
What do you do, when you fundament no longer faith your judgement? When you lost all faith in your own doing, feeling everyone other is better than you, difficult to emulate separate people's work... Even if you don't even have full access to that? When you are so rugged, you assume't trust yourself, even with few dollars? When you feel for you'll ne'er crawl out?
How do you go out of the abyss?
Question for those with "average" success stories trading forex
Those who are consistently fashioning decent profit ($200 to $500 aroun return a month). 1. How much money did you initially begin away with? 2. How did you learn to be profitable? 3. Best course, Bible YouTube videos operating theater anything to learn how to be profitable with forex?
That Meter I Gained 337.59% In One Week - Storytime
Just a quick story connected my biggest pull in in unrivalled calendar week, which I'll more than likely ne'er do once more because my risk tolerance is non as high-level anymore.
But before: I highly discourage anyone particularly the newbies on here to risk as much or trade in the following mode.
IT was late May and I was popping off from paper trading, I moldiness've hit 20+ take profits with nary losses. I was thriving a demo that I started with $70 two weeks anterior and I was already at like-minded $623 lmao, in only two weeks??? So of course I thought I was a god.
I saw much better trades coming up and distinct IT was clock to settle in the grocery store with some real money. I had $75 from freelancing, I got $60 as a covid grant from the governance and my mom gave me some other $60 to trade in in the casino (Forex Securities industry). So it was time.
I got into trades Sunday night (May 31) as soon atomic number 3 the marketplace opened and they were already doing well the succeeding morning. Here's a screenshot I conveyed showing murder my gross trading prowess and the positions I had opened: https://imgur.com/a/GFrcLEu
I stayed patient and took my setups equitable as I would in demo, and fast forward: https://imgur.com/a/5JwIDl3
I got way too overwhelmed and closed some shortly after, and ended the week with no losses, 1155.5 pips, 9 trades completed and net $651.41. I thought I was the best trader ever so but luckily I withdrew one-half of it and took my steady, unavoidable losings after :)
Here's each the trades I had successful (I didn't know about myfxbook but I had listed entirely my trades in a nice little excel sheet to help Pine Tree State with risk of infection and I nevertheless do - I'm presently making it into a nice little software program): https://imgur.com/a/RNtt5wz
The statistics from surpass: https://imgur.com/a/8gQlFBU
Strategies: Breakouts, Swings (S/R) and Trends.
Lay on the line Margin: I was literally risking some 25% of my account along trades and whenever the trade took off, I considered it 0% risk so I could Ra-enter more so I didn't have to time lag until close.
Why I probably will ne'er advance this much in a week again:
- Risking 25% on a trade is downright awful unless your account is extremely lowly.
- Deeming a trade 0% danger is ne'er true unless you have your sl in profit (most times I didn't).
- I'm okay with non gaining quickly, now I'm vindicatory approximately protective my capital letter.
What I learnt:
I did take some good trades so there's not much I could've learnt, the weeks after though did Thatch me:
- Not to put on the line that much on trades
- Exit for laggard and steady gains
- Stay out of the market as a lot as possible.
TLDR: I went from $193.48 - $846.64 in one hebdomad by taking big dick risks and then lost half of it later, lol.
Where's the pick for "pls stop spamming ig stories with Forex stuff"?
The comedy how I confounded all my money in two hours
I'm trading for 11 months with pretty advantageous success.
I ne'er listed metals and forex before, just stocks. Today when gold started to consolidate at the last hour, I definite to scalp short it with a large add up, so I opened 100 lots. I haven't realised, in forex 100 (lots) doesn't mean "100 pcs", because I in use to stocks and I went full retard without knowledge.
Seconds subsequent, I realised information technology means 10 million dollars (1 lot = 100.000, and I had 500x leverage).
It touched up a bit and immediately I was down £4000. I afraid every bit fuck and rather than closing the positioning quickly I hoped maybe I could close break even.
The market closed, and I waited for the Asian session. The gold popped like never before, and I lost each my life savings (£55000) in to a lesser extent than two hours. (including the 1-hour break between sessions).
If I count that I lost all my earnings as well, I lost about £85000.
Here is the margin call
https://imgur.com/a/XY5m4ZA
https://imgur.com/a/VSgmCSs
https://imgur.com/pRWl5g9
IC Markets closed my billet partly in every 1-2 minutes until I shut IT myself at £35.
You know the rest of the story. I'm depressed, crying and shouting with myself.
Yes, I know I was stupid, thanks. I just wanted to share this with you.
Edit: WOW THANK YOU, GUYS! I oasis't expected this, merely you supporte me.
Many of you asked the same questions, I answer it here:
- I sleep in Europe, and we usually trade CFD's, not futures.
- Currency in GBP.
- As you rear end see, this account ready-made on IC Markets. They not retributive allowing you a 500x leverage, it's the default on.
- You can ask me why I went against the market. Because aureate is way oversold? Because I expected institutions would sell their shares before gold is hitting £2000, leaving retails hanging there. Also, as I said, I wanted to scalp, non riding the chromatic each the way down. If I had a loss of £100, I would close the position immediately. But when I saw the £4000, my gist is stopped, and my brain just freezes.
- I went for a avenge trade with my last £2k, and I don't have to say what happened. I uninstalled the app, and I give up trading for a while.
- Once more, in the past times months, I was cagy, I lost a world-shattering add together in March, but I managed to retrieve. Made conformable gains, always with SL. This is just an example of how easy is to fuck up everything you did.
- I didn't seed here for just about shiny member medals. I can't tell about my losses to anyone who I sleep with in real life. I would make a slang of myself.
- Anyone who assaultive me that it is a short-change. Well, think what you want. I feel terrible and the last matter is to answer all the messages expression "You fucking karma whore". I Don River't give a shit about karma.
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antiMLM | Image | "Friend from high schooling posted this on his level afterwards citizenry were calling him out nigh Forex referrals"
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Dr Mangudya said the auction system was transparent. "For one to evoke that the forex auction process is not transparent is lip service and such people should not be taken seriously," atomic number 2 same. Successful Forex traders know that trying besides hard is a sign that something isn't right. This is different from studying solid. As a sunrise trader to Forex, studying the commercialize is highly recommended. For instance, you can't pass too much time erudition the INS and outs of the various currentness pairs, or how to draw key levels. The harder you stress ... Stories; Benefits of Forex Trading. By. inventiva-September 25, 2022. 0. 0. Share. Facebook. Twitter. Pinterest. WhatsApp. Linkedin. ReddIt. Telegram. Forex Trading, other than called unnaturalized exchange, FX or money exchanging, is a decentralized worldwide commercialise where all the human beings's monetary standards exchange. The forex market is the biggest ... Successful Forex Traders Stories Bill Lipschutz. Whilst all of the traders discussed in this post are now widely famous and well known, information technology is Bill Lipschutz that has mayhap the best story. Today he manages a massively successful Forex trading fast, but the beginnings were far from where helium would wind up. Forex refers to foreign exchange, a global market for the exchange of national currencies with matchless another. There are more Forex stories, simply becoming incomparable overnight is a ensue of someone who had a plan, a mentor, a strategy, and who knew what he was acquiring into.
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FOREX IS NOT WHAT YOU Remember - MY STORY - YouTube
Today I am going to reveal the the true about forex trading. When I first got started trading forex I was real excited to con how to trade forex. I cognize lots ... *Watch in HD* Hey Aesthetical! (acceptive Maine ↓) Help me reach 1,000 ... Subscribe and Share : ♡People tell me every last the meter that its non that umteen women in the marke... *Watch in HD* Hey Beautiful! (outdoors ME ↓) Help me reach 2,000 ... Subscribe and Dea : ♡ CAN YOU EVEN BELIEVE I Craved TO QUIT FOREX Always!? LEARN TO TRADE / INVEST : https://goo.gl/NAWDXP : https://goo.gl/vn72ax Wear't forget to subscribe the like danamp; leave a comment Social medias Facebook https://gunk.g... Want to watch more Forex Trader Motivation videos? https://guck.gl/ijjXCZ In this Forex trader motivation TV, you'll be earreach advice from traders who f...
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option trading strategies with examples
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