Steadypips

Chartered Accountant & CFD Forex Trader. My posts are not investment advice. DYOR

[Steadypips @steadypips1]

Closed this trade at week close

[Steadypips @steadypips1]

Join me in buying EURCAD if it's on your watch list

[Steadypips @steadypips1]

@CRTwithSaint You kept repeating same mistakes

[Steadypips @steadypips1]

@_nazatrades Yes, they don't come up often and if it's based on candle stick patterns, it might stop showing up after awhile

[Steadypips @steadypips1]

It's not about a trade away from profitability, it's about discovering a system that works. Until that profitable system is developed, one would keep moving in cycles.

[Damian @Damianfx089]

After my viral post, a trader sent me a DM. Which i thought would be important to get you guys opinion and advice for him cause I didn’t know what to tell him😔😔💔
He said: "I have lost 83 accounts."
At first, I thought that was the sad part.
It wasn't.
Then he said:
I have spent 5 years trying to make Forex work.
Still wasn't the sad part.
He told me about the challenges he passed.
The funded accounts he lost.
The times he thought he was finally about to change his life.
Then he said something that made me put my phone down.
"My younger brother finished school, got a job, got engaged, and is planning his future. I spent those same 5 years staring at charts." That hit me hard.
Because the money wasn't what was hurting him.
It was the feeling that life was moving forward for everyone except him.
Then he asked me a question.
A question I think every struggling trader has asked themselves at least once.
What if I'm one trade away from success?
And what if that's exactly what I've been telling myself for the last 5 years?
I didn't know how to answer.
Because some losses aren't measured in dollars.
They're measured in time.

[Steadypips @steadypips1]

@Damianfx089 It's not about a trade away from profitability, it's about discovering a system that works. Until that profitable system is developed, one would keep moving in cycles.

[Steadypips @steadypips1]

@meeky_fx I trade alone

[Steadypips @steadypips1]

@sowore @MTNNG I support your view, however it would have been better if you give specific examples of countries with cheap unlimited data

[Steadypips @steadypips1]

@AshE_Nuel The daughter is senseless

[Steadypips @steadypips1]

@meeky_fx A profitable strategy

[Steadypips @steadypips1]

@TheH0n3stTrader The big question now is, how do you determine the support and resistance levels

[Steadypips @steadypips1]

@rugal_fx Forex trading is actually my retirement plan

[Steadypips @steadypips1]

@TradersConf I was in my 30s when I started trading

[Steadypips @steadypips1]

@rugal_fx The system must have more than 50% success rate if RR is 1:1

[Steadypips @steadypips1]

@TheH0n3stTrader @godwinaidesigns Low drawdown of what %?

[Steadypips @steadypips1]

Developing such rules is where the work is

[Olu of Trades 📈 @oluoftrades]

If you can take 20 straight trades without breaking any of your rules, it’ll change your entire life

[Steadypips @steadypips1]

@jamaal_trades @DONJAZZY I guess he still trades

[Steadypips @steadypips1]

@tradewithola Never experienced such and I don't pray to experience it

[Steadypips @steadypips1]

@Thetradingdiva1 It's not everyone that trades gold

[Steadypips @steadypips1]

@oluoftrades Developing such rules is where the work is

[Steadypips @steadypips1]

@victorogedeode Having a mechanical trading system would solve all. All traders experience all at some point in their trading journey

[Steadypips @steadypips1]

Having a mechanical trading system would solve all. All traders experience all at some point in their trading journey

[victor @victorogedeode]

Which of them do you think is the hardest to stop

Greed?
Over trading?
Over risking?
Fear of missing out FOMO?