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    Page 118 of 334 FirstFirst ... 113 116 117 118 119 120 123 ... LastLast
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    Thread: Interlock's trading journal

    1. #1171
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      Quote Originally Posted by bigani View Post
      You are definitely spot on about the money management part,no matter how good your trading system is without proper money management there is no way you will go far in this market,the mistake a lot of traders make in this market is simply because they have a working system that produces pips consistently they then increases their lot sizes which is a big error.
      I believe that this is wrong in many other cases which an account survives. I personally see a very good progress to my trading account, because I have accept that I must raise my lot after a number of trades, or face less profit, instead of bigger. Also by risking some more money for your trades makes your more responsible and flexible in the market.


    2. The following 5 users say Thank You to FlyingShark for this useful post.

      Honey Bee (03-12-2018), Interlock (03-12-2018), kazol76 (03-13-2018), maxiipus (03-13-2018), zeeshaa (03-12-2018)

    3. #1172
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      well, we can not underestimate the importance of a good money management when it comes to trading the currencies market. the lower the risk taken the better for the trader, his level of knowledge, skills and experience not withstanding.


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    5. #1173
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      Quote Originally Posted by Interlock View Post
      First trade of this week
      Currency- EUR/USD
      Lot- $0.10
      Entry point- 1.2327
      TP- 1.2390
      SL- 1.2295 ( Must needed things for me)

      RSI and zigzag both show strong upward movement at D1 time frame. That's why i have placed this order. Both SL and TP has included.

      Let's see how this trade treats me.
      Good analysis about EU its monthly candle will shoe strong bullish and it will touch this week 1.2400 level i also have this opinion but what the market actual do we have no idea, hope this trade will give you a good profit nice chart helpful for all of us.


    6. The following 9 users say Thank You to Honey Bee for this useful post.

      FlyingShark (03-12-2018), Interlock (03-13-2018), kazol76 (03-13-2018), Leonvic90 (03-12-2018), loveyo (03-12-2018), maxiipus (03-13-2018), Neriah (03-13-2018), simisola (03-13-2018), Unregistered (1)

    7. #1174
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      Quote Originally Posted by Interlock View Post
      First trade of this week
      Currency- EUR/USD
      Lot- $0.10
      Entry point- 1.2327
      TP- 1.2390
      SL- 1.2295 ( Must needed things for me)

      RSI and zigzag both show strong upward movement at D1 time frame. That's why i have placed this order. Both SL and TP has included.

      Let's see how this trade treats me.
      We are very happy dear Interlock brother to update your proper market analysis and valuable trading Journal for us because it's very helpful for us and hope always update your valuable trading Journal and hope you earn more profit from InstaForex broker. Wish you best of luck brother. Thank you.


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    9. #1175
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      I think that eur usd is bullish and the trade that interlock has entered is a good one, I see the pair heading towards 1.2393 that may sound weird but definitely the week is still very fresh and we might see price making a good retracement before going toward this target, I am happy for our dear friend because he has learned a lot of things concerning money management, I am glad that he used stop loss, now I believe he has matured and that is a very wonderful news. That is how it a Forex Trader is ideally suppose to behave. I want to say a very big congratulations to him for taking the bold step.


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    11. #1176
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      Quote Originally Posted by loveyo View Post
      We are very happy dear Interlock brother to update your proper market analysis and valuable trading Journal for us because it's very helpful for us and hope always update your valuable trading Journal and hope you earn more profit from InstaForex broker. Wish you best of luck brother. Thank you.
      the SL is hitted due to trade wihout patience we should wait for good entry point we know that the last week eurusd had not a clear trend and just down up and up down but today it has test the 1.2290 support and rebound and hit the 1.2240 so you should buy from the 1.2300 as well as sl 1.2260 but it is the part of trade hope for best for next best of luck


    12. The following 4 users say Thank You to NumanHaider for this useful post.

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    13. #1177
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      the stop loss is very important and forex traders should learn to use it. it helps protect the funds when the market is bent on eating into the trader's funds. its use with good money management will help the forex trader greatly.


    14. The following 2 users say Thank You to flexilot8 for this useful post.

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    15. #1178
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      Quote Originally Posted by NumanHaider View Post
      the SL is hitted due to trade wihout patience we should wait for good entry point we know that the last week eurusd had not a clear trend and just down up and up down but today it has test the 1.2290 support and rebound and hit the 1.2240 so you should buy from the 1.2300 as well as sl 1.2260 but it is the part of trade hope for best for next best of luck
      stop loss make our trading account save, we must using money management. To start any business you must learn and understand the steps of the business you must can't start trading because you are interested to trade or just because forex trading is profitable before you should start to trade forex you should practice and understand about the business well before trading. We are not develop our desire until we generate the interest about particular thing so if we want to learn well in this trading then we need to have make mind for trade and get self motivation it is very important for trade and then we open our mind to have learning and we build desire for learning as well .


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    17. #1179
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      Quote Originally Posted by NumanHaider View Post
      the SL is hitted due to trade wihout patience we should wait for good entry point we know that the last week eurusd had not a clear trend and just down up and up down but today it has test the 1.2290 support and rebound and hit the 1.2240 so you should buy from the 1.2300 as well as sl 1.2260 but it is the part of trade hope for best for next best of luck
      i think that stoploss being hit is something normal, because as a trader what we really can do is just analyse the market and opening a position based on our analysis and try to control our risk by managing our lot size usage. as long as we are using good money management i think we will be able to control our risk really well


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    19. #1180
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      I have some running trades right now. I managed 19$ profit yesterday. I could withdraw that amount but i wanna increase that withdraw amount. Let's see what will happen with these two running trades.

      Happy trading mates.
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    20. The following 7 users say Thank You to Interlock for this useful post.

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