watchme's profile

Started trading in the year 2012. Lots of things happened since then. Lost lots and lots of money, and lost a lot more. And lose even more. True traders never gives up. We all took a beating but what matters is to pick ourselves up and come back much better.

Trader with a mental capacity to take on the market.

Myfxbook admin knows me as person with too much honesty, most of my posts needs to go through moderation. I feedback the good and also the bad about myfxbook. I keep pushing the limits of what are offered here.
Trading Style:
Fundamental & Technical

The use of fundamental insights & technical analysis. Trades are usually considered after the market has moved and setups has revealed itself.
Each trade entered has already fit the requirements of a high probability profitable trade. Each time a trade has been entered, it is monitored for pullback (drawdown). There is a specific special criteria for taking loss on a trade (unlike a hard stop loss). This means market is fluctuating and not ready to move in our direction. Mental resilience is also used to manage the trade, taking losses due to understanding and not giving up.
"Never Give Up or Give In To The Market"
Experience: 3-5 Years
Vouchers: 3
Registered: Mar 01 2013 at 01:10
Blocked Users: 4
Name Gain Drawdown Pips Trading Leverage Type
Contest - watchme 184.79% 33.81% 467.1 Manual 1:400 Demo
Contest - watchme 26.23% 47.65% 1145.4 Manual 1:200 Real
Real Live Account with 1% Profit 1.09% 11.14% -514.5 Manual 1:500 Real
Live Account Recovered $4200 From $1700 to $5900 0.16% 69.27% -2116.0 Manual 1:400 Real
watchme's Feed
The recent myfxbook contest:No offense black well, this happens in myfxbook contest all the time. So many many bugs and problems. I'm quite surprise that myfxbook has not made a checklist of the 2.5 million problems that has arise in previous contests and go thru one by one with the new broker to allow its traders a PEACEFUL trading contest.

Sometimes it's the broker problem, sometimes it's myfxbook. Hopefully this gets figured out soon.

P. S: This is one example why myfxbook like to moderate my comments, i tell the truth and they shy from it.
Apr 30 2017 at 22:03
OutsideTheBoxHK I like honesty and transparency too.
Aug 06 2017 at 11:05

It's something like as soon as you as convinced that price is going up, it proved that you are wrong and moved much more lower than it went up... Sometimes i wonder how can not all fail at this craziness.. :)
Feb 11 2017 at 12:29
it is best to stay out of pure speculation, only enter when you have already done calculation on your calculated risk, and even before that highly probable scenario on where price might be headed next...
Feb 09 2017 at 14:58
No matter how many haters u get, remember you don't owe anyone anything. How ugly it gets, people are all adults and have their own thoughts & personalities. They should have done their own due diligence. There are just some people in this world sent down on this green earth with a sole purpose of:
1) Wasting other people's time.
2) Getting on other people's nerves/emotions.
​​​​​​​3) Both. 
Feb 05 2017 at 10:57
I do not trust these words: "Your account was successfully processed", cos usually even after those words, my account still have not been updated, I have resorted to clicking the "connect" button until i see this: "The account is successfully connected. Please wait until the next update of the account (occurs every 5 minutes)", then i am certain that my account has been updated!
Jan 28 2017 at 18:11
"Your account was successfully processed." These are the words I get when I click connect in my settings but my account is still not updated. I hope myfxbook team will look into it and fix the bug... :(
Jan 11 2017 at 23:41
Jan 11 2017 at 14:44
Fundamentally,  there would be tonnes of reason. For most,  if not all actions we do there is surely justifiable reason behind it.

Fundamental can weigh in on all occasions. But it becomes a problem when obvious fundamental info goes against what price does. This will lead to stubborn-ly holding to trades. I would always say if the price would eventually go in your direction and is currently going against you, why can't you take the loss now and enter at this current better price? 

If you do that again and again, you will realize slowly that you are wrong. And they say, it's alright to be wrong. My bias is closely linked to the closing price. The whole candle is a fundamental playing field, price can jump, hop, sprint and fly. But at the end of the day, it has to come home to rest. 

​​​​​​​What you see on the charts are technical. And sometimes I can see, setups for the big moves, they too might be wrong, I can be wrong and charts can be wrong. As long as I can be profitably wrong. It's all good. 
Nov 07 2016 at 07:58
Always good to be out of the market when things get a little crazy. Minimizing your time in the market is always good. Just like opening your mouth always exposes your intellect for everyone to see and to be judged. Keeping your mouth shut gets people thinking how much this person actually knows...
Nov 03 2016 at 19:24
In profit? get out! Dont wait till you prove urself and everyone that you are right.. You will eventually be wrong.. :)
Nov 02 2016 at 01:40
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