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Thread: 66467533-Team 8(B)- Anything Suits Me.

  1. #41 You can automatically minimize the read posts in your account in the 'Forum Settings'
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    Kanta is a splendid one to behold Kanta is a splendid one to behold Kanta is a splendid one to behold Kanta is a splendid one to behold Kanta is a splendid one to behold Kanta is a splendid one to behold Kanta is a splendid one to behold Kanta's Avatar
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    Hey bro how about your equity?

    Your 55th order is buy but tp is less than current price but how bro?

    I think nzd will eat my account.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  2. #42 You can automatically minimize the read posts in your account in the 'Forum Settings'
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    My 55th order:

    Order No: 835521362
    Order Type: BUY
    Symbol: USDCAD
    Open price: 1.0713
    TP: 1.0693
    SL:NA
    Volume: 1000
    Hey bro how about your equity?

    Your 55th order is buy but tp is less than current price but how bro?

    I think nzd will eat my account.
    You are right I made mistake when I posted. Actually Open price will be 1.6093 and Take profit is 1.0713. It is really a mistake. Mean while I have closed the trade no. 55 in different parts to reduce the high risk of account blow. As my equity was gone down below 8000$ today with this high lot trade. Here are the details of close trades.

    Closed 500 lot with 467.64$ loss
    Closed 250 lot with 233.82$ loss
    Closed 250 lot with 467.68$ loss

    ---------- Post added at 02:47 PM ---------- Previous post was at 02:38 PM ----------

    When I was closing my USDCAD trade, a trade was opened by mistake I then and there closed it with loss. Here are the details of that trade.

    My 56th order:

    Order No: 835549059
    Order Type: BUY
    Symbol: USDCAD
    Open price: 1.695
    TP: NA
    SL:NA
    Volume: 150

    Immediately closed the trade with loss of 420.88

    ---------- Post added at 02:58 PM ---------- Previous post was at 02:47 PM ----------

    After important news release for GBPUSD, I opened few trades with GBPUSD. Here are the details of those trades:

    My 57th order:

    Order No: 835550307
    Order Type: Sell
    Symbol: GBPUSD
    Open price: 1.7034
    TP: NA
    SL:NA
    Volume: 200

    Reason for Open: Wanted to get some pips from the fluctuation of price movement immediately after news release.

    Result of Trade: Closed the trade manually with 600$ profit.

    ---------- Post added at 03:13 PM ---------- Previous post was at 02:58 PM ----------

    Then I again opened few GBPUSD trades to get some benefit of news release. Here are the details of those trades.

    My 58th, 59th, and 60th orders:

    Order No: 835550210, 835550499 and 835550699
    Order Type: Sell
    Symbol: GBPUSD
    Open price: 1.7025, 1.7032 and 1.7035
    TP: 1.7000
    SL:1.7056
    Volume: 200, 200 and 100

    Reason for Open: News trade. Waiting for getting benefit of bad news.

    Money Management: SL for these trades are set at such level that maximum loss from these trades can be 31%, 24% and 12% respectively in terms of present equity. TP are set for exit with profit. I might close the trade manually to book small profit from each trade and stay safe.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  3. The Following User Says Thank You to nkhan2810 For This Useful Post:

    مناڈکیت (27-06-2014)

  4. #43 You can automatically minimize the read posts in your account in the 'Forum Settings'
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    Brother you are going so well, I think you should close your positions as your equity is now more than Kanta. Just look at the others balance and be very very much careful as market can reverse anytime and you may go into loss too.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  5. The Following User Says Thank You to NomanKhalid For This Useful Post:

    nkhan2810 (27-06-2014)

  6. #44 You can automatically minimize the read posts in your account in the 'Forum Settings'
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    bro, you are doing very well in these contest. and as a well wisher, i would like to congratulate you for your excellent trading. and trading with cool head. and my advise for you just don't take any trade. and your thread is well organized. and the final result will be prepared by voting . BTW i like your IBM trading, just need some information from you . is there any commission charged? or just only the spread

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  7. #45 You can automatically minimize the read posts in your account in the 'Forum Settings'
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    Quote Originally Posted by NomanKhalid     
    Brother you are going so well, I think you should close your positions as your equity is now more than Kanta. Just look at the others balance and be very very much careful as market can reverse anytime and you may go into loss too.
    Thanks a lot for your suggestion. And keeping uncertainties of market I closed big lot trades and now trading with very small lot. I think Kanta is little bit unlucky today. His NZDUSD has gone wrong and now USDCAD is giving trouble. If it goes high then certainly he will be on the first place again.

    ---------- Post added at 08:10 PM ---------- Previous post was at 08:06 PM ----------

    bro, you are doing very well in these contest. and as a well wisher, i would like to congratulate you for your excellent trading. and trading with cool head. and my advise for you just don't take any trade. and your thread is well organized. and the final result will be prepared by voting . BTW i like your IBM trading, just need some information from you . is there any commission charged? or just only the spread
    Well bro thanks for your comment and suggestion. I also like trading trading IBM as it has no commission the only spread value of 4 pip is charge when you open a trade. Like if I open 1 lot then 4$ will be charged. That's all.

    ---------- Post added at 08:18 PM ---------- Previous post was at 08:10 PM ----------

    I manually closed GBPUSD order with some profit. I decided to close these trade to book some profit and stay safe as long as possible in the contest.
    Trade No. 58 was closed manually with 800$ profit.
    Trade No. 59 was closed manually with 2200$ profit.
    Trade No. 60 was closed manually with 1400$ profit.

    ---------- Post added at 08:52 PM ---------- Previous post was at 08:18 PM ----------

    I opened a trades of IBM. Here are the details of the trades.

    My 61th order:

    Order No: 835561497
    Order Type: Sell
    Symbol: IBM
    Open price: 180.29
    TP:
    SL:180.49
    Volume: 1

    Reason for Open: Want to make some profit from fluctuation or swinging nature of price movement.

    Outcome: Closed the trade manually with 6$ profit.

    ---------- Post added at 09:01 PM ---------- Previous post was at 08:52 PM ----------

    Just before the news released I place three pending orders. Here are the details of the trades.

    Pending 1:

    Order No: 835561719
    Order Type: Sell Stop
    Symbol: GBPUSD
    Open price: 1.7010
    TP: 1.7000
    SL:1.7030
    Volume: 10

    Pending 2:

    Order No: 835561745
    Order Type: Sell Stop
    Symbol: IBM
    Open price:180.60
    TP: 180.40
    SL: NA
    Volume: 1

    Pending 3:

    Order No: 835561807
    Order Type: Buy Stop
    Symbol: GBPUSD
    Open price: 1.7020
    TP: 1.7030
    SL:1.7000
    Volume: 10

    Important news shows significant impact instantly lets see what happens.

    ---------- Post added at 09:04 PM ---------- Previous post was at 09:01 PM ----------

    Pending 1 and 3 did not trigger instantly. So closed or cancelled those manually. However pending order 2 was triggered as sell price. Here are the details and outcome of the trade.

    Trade No. 62

    Order No: 835561745
    Order Type: Sell
    Symbol: IBM
    Open price:180.60
    TP: 180.40
    SL: NA
    Volume: 1

    Outcome: Price hit the TP and got 20$ profit.

    ---------- Post added at 09:24 PM ---------- Previous post was at 09:04 PM ----------

    Later I opened 4 IMB sell orders all different volume at different price. Here TP are set to 180.52 and SL are not set. As overall lot size is very small and I am on screen I can close the trade manually if I sense I have gone wrong. Here are the details of those thades.

    My 62th, 63th, 64th and 65th orders:

    Order No: 835563785, 35564052, 835564215 and 835564758
    Order Type: Sell
    Symbol: IBM
    Open price: 180.78, 180.95, 181.22 and 181.72
    TP: 180.52
    SL:NA
    Volume: 1, 1, 3 and 5.

    Reason for Open: Want to make some profit from fluctuation or swinging nature of price movement.
    Exits: I might close the trade before hitting TP.
    Money Management: Here I had not set SL. But as the volume is small if some bad situation arise I can close the trades manually.

    ---------- Post added at 10:16 PM ---------- Previous post was at 09:24 PM ----------

    I have opened a new trade of IBM. Here are the details of the trade.

    My 66th order:

    Order No: 835567883
    Order Type: Sell
    Symbol: IBM
    Open price: 181.93
    TP: NA
    SL:NA
    Volume: 15

    Reason for Open: As I can sense the price of this CFD might retrace. So I took a chance to make some small profit by scalping.

    Money Management: Here I had not set SL. But as the volume is small if some bad situation arise I can close the trades manually.

    ---------- Post added at 10:18 PM ---------- Previous post was at 10:16 PM ----------

    Closed trade 66 with small profit of 135$.

    ---------- Post added at 10:29 PM ---------- Previous post was at 10:18 PM ----------

    I have place SL for order no. 62, 63, 64 and 65 to 182.33 value. I placed the SL to avoid any uncomfortable situation.

    ---------- Post added at 10:39 PM ---------- Previous post was at 10:29 PM ----------

    Meanwhile I opened another IBM sell trade. Here are the details of the trade.

    My 67th order:

    Order No: 825568197
    Order Type: Sell
    Symbol: IBM
    Open price: 182.00
    TP:181.66
    SL:182.33
    Volume: 15

    Reason for Open: As I can sense the price of this CFD might retrace. So I took a chance to make some small profit by scalping.

    Money Management: Here the maximum exposure to the trade is about 500$ which is relatively small amount compared to my equity.

    ---------- Post added at 11:05 PM ---------- Previous post was at 10:39 PM ----------

    Trade no. 62, 63, 64, 65 and 67 was hit to SL and loss are 155$, 138$, 333$, 305$ and 495$ respectively.

    ---------- Post added at 11:11 PM ---------- Previous post was at 11:05 PM ----------

    My last trade probably in the contest. Here are the details of the trade.

    My 68th order:

    Order No: 835569040
    Order Type: Sell
    Symbol: IBM
    Open price: 182.25
    TP:181.95
    SL:NA
    Volume: 1

    Reason for Open: I wanted to make small profit. That is why I opened a trade to catch fluctuation.

    Money Management: Here the maximum exposure to the trade is not set. As I opened very small lot it would not affect my equity very much.

    ---------- Post added at 11:12 PM ---------- Previous post was at 11:11 PM ----------

    I closed the trade manually with 9$ loss.

    ---------- Post added 06-28-2014 at 01:07 AM ---------- Previous post was 06-27-2014 at 11:12 PM ----------

    And that's the end of trading for the contest. Thank you very much for your patience to go through my contest thread.
    Last edited by nkhan2810; 27-06-2014 at 06:56 PM.


  8. #46 You can automatically minimize the read posts in your account in the 'Forum Settings'
    I just can't quit pips!
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    congrat bro you have performed wonderfully well. you are indeed a good trader

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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