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Do you use Daily or Weekly Max Loss?

de forex_trader_476239 Apr 25, 2021 at 05:34

thanks but how do you do that? mentally are you able to control yourself and stay within defined limits ?I am coming from trading stock market, and for stocks the broker i use they have daily max loss limit i can set at the broker level so it helps, if i were to use mental stops or daily defined limits i cannot follow that, i have very hard time st...

16 Replies 1,305 Vistas

Último mensaje de learning2tradefx Jul 22 at 13:51

Gold forecast for today: XAUUSD analysis

de takeprofx Jul 22 at 12:41

The short-term trend for gold is changing to upward. Yesterday, the key resistance of the short-term downward trend of 3372-3360 was broken. If the price consolidates above this level today, then starting tomorrow, it will be possible to consider purchases with a target in the upper target zone of 3495-3473.If quotes fall sharply and the US trading...

0 Replies 82 Vistas

Último mensaje de takeprofx Jul 22 at 12:41

Gold Forecast for today: XAUUSD analysis

de takeprofx Jul 22 at 05:16

Gold price is testing key resistance of the short-term downtrend 3372 - 3360. Last week this price area was held by sellers. As a result, quotes declined and reached the first selling target around 3310.The price did not reach the second target and is back to resistance (B) 3372 - 3360. If this resistance is broken upwards, the trend will change to...

0 Replies 77 Vistas

Último mensaje de takeprofx Jul 22 at 05:16

Prop Firms for Futures

de InvestNSpikes Mar 25, 2023 at 03:04

Mine is hola prime, they have low cost evaluations,1 hr payouts, price reports and coaching.

3 Replies 672 Vistas

Último mensaje de maiducvinh Jul 22 at 03:49

JENGA EFFECT.

de TheCompany Jul 20 at 06:30

It only takes one day when you let your guard down to destroy days of hard work and waste all your efforts. As a trader don't allow anything to derail you from following your rules. If you head to this WARNING you will benefit.

0 Replies 78 Vistas

Último mensaje de TheCompany Jul 20 at 06:30

Gold forecast for today: XAUUSD analysis

de takeprofx Jul 20 at 05:19

A short-term downtrend remains in place for gold. Yesterday the first selling target from resistance 3372 - 3360, i.e. 3310 level, was reached. Today the price is again trying to grow. However, as long as the quotes are below resistance (B) 3372 - 3360, the downtrend persists. The second selling target is the June low near 3248. To buy and change t...

0 Replies 83 Vistas

Último mensaje de takeprofx Jul 20 at 05:19

signals of intrading gold

de vimalpkumar2009 Jul 19 at 16:28

Hello all, How can i get signals of xauusd with sl and tp intraday basis as my working hours dont allow me to look at charts have a holiday on fridays only and i am not good in intraday trading. i can do only swings i want to start intaday also .

0 Replies 87 Vistas

Último mensaje de vimalpkumar2009 Jul 19 at 16:28

Gold Forecast for Today: XAUUSD Analysis

de takeprofx Jul 17 at 05:20

The gold price is declining within a short-term downtrend and is approaching the first selling target near the 3310 level. Once this target is reached, the rest of the sales can be transferred to breakeven and held until the second target in the area of the June 3248 low. If the price consolidates below, the decline could continue to the lower Targ...

0 Replies 76 Vistas

Último mensaje de takeprofx Jul 17 at 05:20

How to NEVER fail Prop Trading challenges

de PinkuBD Nov 11, 2022 at 09:13

Firstly you have to understand that you can’t control the market but you can control how you trade. - Most impotantly know the rules like the back of your hand- Trade With Risk in Mind First, Profits Second- Don’t Rush It- Treat the Challenge Like a Real AccountProp firms are also coaching these days, some good ones are Topstep, FTMO, H...

6 Replies 2,747 Vistas

Último mensaje de Pho54 Jul 16 at 10:54

Gold Forecast for Today: XAUUSD Analysis

de takeprofx Jul 16 at 04:58

Yesterday gold buyers once again tested the border of the short-term downtrend 3372 - 3360. From this zone it is favorable to consider new sales with the first target at 3310 and the second target near the June low of 3248. If the price consolidates further below, the decline may continue to the Target Zone 3226 - 3203.If resistance (B) 3372 - 3360...

0 Replies 77 Vistas

Último mensaje de takeprofx Jul 16 at 04:58

What Is a Prop Trading and How to Become One of the Funded Trader

de BDSilentKiller Jun 26, 2023 at 04:44

Prop trading is when you trade using a firm’s money instead of your own. The idea is pretty simple if you make a profit, you get to keep a percentage, and if you lose, the firm takes the hit, not you.To get access to that funding, most firms make you go through a challenge first. It’s basically a test to show you can trade consistently ...

8 Replies 918 Vistas

Último mensaje de nedarklight Jul 15 at 11:10

Gold Forecast for Today: XAUUSD Analysis

de takeprofx Jul 14 at 10:53

After reaching the first selling target from resistance (B) 3372 - 3360, gold is correcting upwards again and testing the trend boundary 3372 - 3360. If this zone is held by the sellers, we can consider selling again with the first target at 3310. The second selling target will be the June low at 3248.If the resistance (B) is broken upward, the sho...

0 Replies 81 Vistas

Último mensaje de takeprofx Jul 14 at 10:53

MENTALITY

de TheCompany Jul 11 at 18:03

If ANYONE tries to convince you that you cannot do it, call them a LIAR because that is what they are. You do not need anyone apart form YOU to believe in you. You can do it too.

0 Replies 155 Vistas

Último mensaje de TheCompany Jul 11 at 18:03

Malaysian SnR Entry conditions EUR/USD

de FX_Twin Dec 16, 2024 at 22:59

I find MSnr on EURUSD kind of annoying even though they are generally consistent. The PA on Gold seems more fitting for the MSnr in my opinion. I'll kick in GBPJPY as well.

1 Replies 363 Vistas

Último mensaje de chicken_brains Jul 09 at 23:36

Who are the most reliable forex brokers for traders based in South Africa?

de thomassmith0 Jun 30 at 07:34

As a pro trader hosting 5+ MT4 instances, BeeksFX from HFM has been reliable—even under heavy strategy load. Their free trial sealed it for me; it’s rare to see stable uptime and responsiveness at that price

5 Replies 174 Vistas

Último mensaje de ortellius Jul 04 at 08:41

MASTERY

de TheCompany Jul 02 at 06:57

If you think in statistics your emotions will turn to intelligence. As long as you understand your edge, your win rate then you will understand that you don't need to win every trade.

0 Replies 74 Vistas

Último mensaje de TheCompany Jul 02 at 06:57

Follow your Rules.

de TheCompany Jun 09 at 04:37

Discipline turns hope into consistency. Following your rules is what truly sets successful traders apart from the rest.

2 Replies 134 Vistas

Último mensaje de thomassmith0 Jun 30 at 04:48

I'm interested in getting a Forex investor

de Joeboy69 Jun 29 at 11:53

Good day, ladies and gentlemen.My name is Joe, and I’m a dedicated day trader with a strong focus on Smart Money Concepts (SMC) — one of the most precise and institutional trading approaches in the forex market today.I’ve been actively trading for the past 2 to 3 years, and over that time, I’ve developed and refined a profit...

0 Replies 78 Vistas

Último mensaje de Joeboy69 Jun 29 at 11:53

Gold Forecast for Today: XAUUSD Analysis

de takeprofx Jun 27 at 09:38

Gold is declining within a short-term downtrend. The main downside target is the lower target zone 3226 - 3203. It is favorable to consider new sales on the correction from strong resistance levels. Strong resistance levels are: resistance (A) 3371 - 3364 and resistance (B) 3413 - 3401.Market participants need to break 3413 upwards to buy and chang...

0 Replies 202 Vistas

Último mensaje de takeprofx Jun 27 at 09:38

Gold Forecast for Today: XAUUSD Analysis

de takeprofx Jun 26 at 11:23

Gold maintains a short-term downtrend. At the moment, an upward correction is developing. If the resistance (A) 3377 - 3370 is reached within the correction, new sales of the instrument with the main target at the low of June 24 can be considered from it.If resistance (A) is broken upward during trading, the correction will continue to resistance (...

0 Replies 96 Vistas

Último mensaje de takeprofx Jun 26 at 11:23

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