l i t t l e d e v i l's $50 to $13,000 Forex Challenge
- Thread starter godliness
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- challenge forex little devil money
This looked to be his last post.
Don't know if that was it or what. Seems like they get involved with some foolishness in TLR and get banned in the middle of something like this. People should just get banned from TLR if theres always complaining going on from there but whatever.
Anyways I been trying to recover my losses today. Was shorting the 4 major pairs against the US dollar. USD is strong right now since its a safe currency. Aussie and New Zealand dollars are weak and gonna get weaker since they commodity based currencies, Euro and GBP likely gonna go down also especially with the travel ban in place. What sucks is the stock market but its always bounced back after huge losses. Hasn't been this low since summer 17 and it nearly reached 30k after that before this recent drop. Lots of panic selling going on and lots of volatility. Lets see what the future holds but hopefully its not gonna be a cold summer and we can get back on track.
Thanks Breh. I don’t see why he should be banned over his opinion. I was curious to see how he was fairing in these market conditions.
It seems like things will get worse before they get better. I’ve taken a beating this week in stocks mostly because I made a risky calculated bet. No choice but to ride it out and take hold of opportunities with the rest of what I have left. Looks like things will be volatile for the foreseeable future.
I hope you made a killing, eur/usd is on a tear.
Still down a lot from all my deposits but less than a grand and can always recuperate some. Just gotta take it one day at a time.
GarryWithTwoRs
Banned
Just made it to high school on babypips. How's the forex market been lookin lately with this whole shytstorm goin on? I can still use the technical analysis tools I'm learnin now? I'm plannin on day tradin
Everything looking crazy. And you made it further than me cuz I think I was still in elementary school. Maybe thats why I lost initially.
GarryWithTwoRs
Banned
Everything looking crazy. And you made it further than me cuz I think I was still in elementary school. Maybe thats why I lost initially.
Damn my g how long you been in the forex market since you made the split from babypips?
I been doing both at the same time but it's been a bit since I went on baby pips. Maybe like two months. I go back here and there when I get a chance. But I've only been trading like less than a year and a half I'd say. I tried it a bit in and of 2017 and lost like forty bucks and then got back into it this past summer.
Patience is a virtue in life. Especially in this and thats what hurt me in the past but I been learning to overcome it. Last night my audusd short was having a balance of around -$12. Right now its at $15 and going hopefully. Putting a far enough stop loss and realizing that the asian trading session is usually weak, helped me get to this point. Been moving down my stop loss to make some profit if it goes back up. Likely delete my take profit and let it ride as low as possible.
I'm back up to above even ($250) after getting motivated by this thread to get back on the saddle. Hopefully I keep going and recover my losses from last year but I'm just tryna take it one trade at a time. Currently got a short on currencies against the USD and a long on USD/JPY.
Power of patience!
I threw in like $500 on Sunday before market open. Ended up losing some but didn't give up and made some trade changes but went back to my planned strategy. Yesterday I was hovering around $20 profit from all my trades, even last night. This morning I'm at about $270. Granted I still gotta make up for lost past investments but I ain't focusing on that cuz it'll come. I'm just tryna maximize my gains and keep raising up my stop loss to make some profit and not lose. My account at about $845 right now and I deposited total of $750 these last few weeks. One trade at a time and I'll be at 1k soon hopefully.
I threw in like $500 on Sunday before market open. Ended up losing some but didn't give up and made some trade changes but went back to my planned strategy. Yesterday I was hovering around $20 profit from all my trades, even last night. This morning I'm at about $270. Granted I still gotta make up for lost past investments but I ain't focusing on that cuz it'll come. I'm just tryna maximize my gains and keep raising up my stop loss to make some profit and not lose. My account at about $845 right now and I deposited total of $750 these last few weeks. One trade at a time and I'll be at 1k soon hopefully.
jilla82
Superstar
I wonder how many times he busted out his account before he hit on this
Wishing the situation will get better but loving this shyt. Yesterday I said I was at $845 and I went up another $100 or so bucks. Afternoon and mainly evening session killed me and I went back to like $750. But I stayed patient and waited until late at night to go back into some trades. Studied up and seems like pairs like nzd/usd seem to reverse around 1pm EST. I jumped into some late night trades before falling asleep since London starts at 3 am est. And that's when the action starts, from then until now about noon. Right now my account is at about 1150 with all trades open and in profit. I keep raising my stop loss as I see a trade go up so I'm making money if the currency goes up on value against the dollar. But usually like the Canadian one for example, will go back up. I got closed out of one trade with $100 profit. Few minutes later I opened another and was down around 10 or 12 bucks but it kept going up and now that trade has me up 55 bucks. I just set my limit at 44 bucks so if the Canadian dollar gains some value I will make profit and then likely just hold off on the afternoon and purchase again in the night. Gonna make sure I stay over 1k today and then slowly make the climb to 1500 one trade at a time. I know when the best time to trade is and I'm managing my trades better now. Know when to get in and out and be happy making even just $10 instead of risking too much and losing $20.
1200 now and that Canada trade is at $75. There's money to be made out there. What a time to be alive.
1200 now and that Canada trade is at $75. There's money to be made out there. What a time to be alive.
All trades closed out and I'm just above $1300. Gonna be patient for the rest of the afternoon and maybe jump in to some small trades when Australia opens and risk a bit so I won't have to keep checking it and stressing.
GarryWithTwoRs
Banned
What's your process/strategy bro? How much technical analysis do you use?