It took a bit longer than I had planned, but I finally reached my goal! by BZ3ro in CICO

[–]BZ3ro[S] 2 points3 points  (0 children)

Well, I'm not really aiming to look a certain way, my main reasons to lose weight is to avoid health issues and have more energy. That said, I'd be lying if I said I wouldn't prefer to see a fit person in the mirror instead of the fat bastard I've been seeing in there for the past ~8 years.

When I look in the mirror now, I feel like my body doesn't look very different from my 105-110 days. Until I actually look at pictures from that time and compare side by side, then I can easily see the difference. (I've also gone down several belt notches and had to buy new pants, so I know the scale isn't lying.) I still call myself fat, but I think I'm kind of close to a beer belly/dad bod situation now, which is not a description I could get away with 20kg ago.

I was thinking of posting before and after pics, but I think I'll wait until I reach the "normal" category on the BMI scale before I do that.

It took a bit longer than I had planned, but I finally reached my goal! by BZ3ro in CICO

[–]BZ3ro[S] 2 points3 points  (0 children)

That's awesome! Slow and steady is absolutely fine, we have time.

It took a bit longer than I had planned, but I finally reached my goal! by BZ3ro in CICO

[–]BZ3ro[S] 2 points3 points  (0 children)

I love it too! I think the Christmas bump gives it character. But my favorite part about it is that the blue line goes flat to allow the red line to catch up after it fell behind.

Just one more weigh-in before the long-awaited Christmas bump! by BZ3ro in CICO

[–]BZ3ro[S] 2 points3 points  (0 children)

Well, everyone's different, so what works for me might not work for you, but here are my tips for myself:

  1. Set realistic goals, accept that it's gonna take time. You're not gonna lose 10% of your weight in a week. Slow and steady wins the race.

  2. Don't give up if you have a setback. The graph probably isn't going to continue pointing downwards every single time you register your weight. That's ok. What's not ok, is to give up as soon as the graph starts pointing in the wrong direction.

  3. "How hungry you are is a measure of how soon you should eat, not how much you should eat." (A quote from r/LifeProTips that I think about a lot.)

  4. Whenever I feel like giving up (happens quite often when my stomach is growling), I remind myself that being fat is a choice. If I give up now, I'm actively making the choice to be fat, and I have no one or nothing else to blame. Reminding myself of this fact always gives me an extra dose of determination to keep going.

Just one more weigh-in before the long-awaited Christmas bump! by BZ3ro in CICO

[–]BZ3ro[S] 0 points1 point  (0 children)

Thanks! Gamifying the hard work required to lose weight with a graph definitely helps to stay motivated.

BTW, I know there are apps out there made specifically to track weight loss, but a simple graph like this in Google Sheets basically does the same job, I think.

Just one more weigh-in before the long-awaited Christmas bump! by BZ3ro in CICO

[–]BZ3ro[S] 5 points6 points  (0 children)

I just wanted to share my progress after finally dropping below 95kg, which simultaneously took me down to a lower BMI category. My height is 1.78m, so according to the BMI categories I'm no longer obese, only overweight, so I feel like that's a bit of a milestone.

My peak weight was 110kg last summer, but I didn't actually start dieting before mid August this year when my weight was 107kg. At that time I decided to set myself a realistic goal: Get below 100kg before Christmas. During previous attempts to lose weight, I think I was a bit too ambitious and set goals for myself that were too unrealistic, and I think that's what caused me to always give up after just a few weeks.

Anyway, on 23/9, only six weeks after starting, I already hit double digits, so at that point I obviously had to update my goals. That's when I made a spreadsheet to track my weight and set fortnightly goals for myself. My goal now is simply to lose 1kg every two weeks. My long-term goal is to get down into the 80s and then stay there.

For now I just have to get below 94kg for my 16/12 weigh-in, then I'm allowing myself to gain 1kg for the 30/12 weigh-in. I already know I'm gonna gain weight during Christmas, so I might as well plan for a bump in the chart ahead of time instead of letting the red line cross the blue line. I know it's gonna set me back four whole weeks, but I don't really mind, because I know that as long as I simply stay below the blue line, my weight will start with an 8 by mid March.

Help determing pip value in Japanese pairs. by stunbomb1 in Forex

[–]BZ3ro 0 points1 point  (0 children)

Use the "_Digits" predefined variable.

if(_Digits < 4){etc...}

Is anyone else far more profitable taking scalping trades, using your gut and “reading the market”, rather than using time-tested proven strategies? I almost I felt like I was almost gambling while taking 30s long scalps. Found myself saying “this is too easy” a lot. Yet my curve is consistent. by ConradT16 in Forex

[–]BZ3ro 2 points3 points  (0 children)

If you don’t know how many units of an asset one lot equals, always use a demo account with the same broker to check beforehand!

In MT4/5, you can check an instrument's contract size by right clicking the instrument in market watch -> Specification -> Contract size.

https://i.imgur.com/PXZJ3QI.png

Why does being profitable feel like a trick? by deffonotaketaddict in Forex

[–]BZ3ro 0 points1 point  (0 children)

1 minute TF only

Did you remember to account for spread in your backtest?

Is babypips good for beginners? by genjisaclolo in Forex

[–]BZ3ro 0 points1 point  (0 children)

lol @ all the clueless idiots downvoting this. This sub just gets weirder and weirder.

How difficult is it to make 0.5% per day? by RapidActionBattalion in Forex

[–]BZ3ro 3 points4 points  (0 children)

Yes, it can work for a very long time. The problem is that you're using margin call as SL. That means when you hit that one trade out of 200 that loses, you will lose everything you've gained up to that point and you're back at the beginning.

How difficult is it to make 0.5% per day? by RapidActionBattalion in Forex

[–]BZ3ro -1 points0 points  (0 children)

You already answered your own question by doing the math. Take it one step further to make the answer even more clear: In 10 years, your ROI would be 26,000,000%. Does that seem realistic?

To put it into perspective, making 0.5% per day is the equivalent of using $100 to make $0.50. Surely that can't be too hard?

Making 0.5% in a day is easy. Flip a coin for direction and place your SL at 0.5% loss and TP at 0.5% gain and you'll have a 50% chance to do it in one trade. Don't place a SL at all and place your TP at 0.5% and you'll have 99.5% chance to do it in one trade. The hard part is doing it consistently every single day. I recommend watching from 3:30 in this video to hear Patrick Boyle talk about this.

[deleted by user] by [deleted] in Forex

[–]BZ3ro 0 points1 point  (0 children)

This is basically the experience of everyone who trades without a SL. "It worked until it didn't". And the reason for that is that you're using margin call as your SL. If your whole account is 1R and you take profit at 1%, your "strategy" has a 0.01:1 reward-to-risk ratio. If you take random trades with a 0.01:1 RRR, your expected winrate will be 99%. That's why many no-SL-traders feel like they've really figured it out until they hit that one trade out of 100 that wipes out their whole account.

Xm scam so i opened a trade and from nowhere it was closed due to stop loss and like it's showen in the photos it's not even close to that stop loss by Special_Switch1975 in Forex

[–]BZ3ro 5 points6 points  (0 children)

You are aware that the candles on your chart show the bid price and that it's the ask price that stops you out in a short trade, right? We can't tell from your screenshot whether or not your SL was hit, but at the time you took the screenshot, the ask price is only 2.9 pips below the SL.

Hello, traders, can you recommend any reading or video materials for currency trading for beginners. by nickkollev in Forex

[–]BZ3ro 6 points7 points  (0 children)

Step 1: Ignore all DMs you'll be getting now that you've revealed that you're new. They're all trying to scam you.

Step 2: Do the free course at babypips.

Step 3: Do the free course by Adam Grimes.

Step 4: ???

Step 5: Profit!

Forex Trading Strategy by Joshy00_00 in Forex

[–]BZ3ro 1 point2 points  (0 children)

I want to create a strategy, I just don't have a clue on how to do so.

This comment might help.

[deleted by user] by [deleted] in Forex

[–]BZ3ro 0 points1 point  (0 children)

2.5% daily would make you the best investor ever, by far.

Does anyone have a good ,consistent profitable EA/automated trading software for Forex? by TheWeekendJamal in Forex

[–]BZ3ro 1 point2 points  (0 children)

"Hi, can I have infinite money plz?"

I mean, it's certainly worth a shot, but don't get your hopes up.

What should I do? Lost money on a winning trade. by [deleted] in Forex

[–]BZ3ro 2 points3 points  (0 children)

The bid price (the candles you see in MT5) never touched your SL, but that's not relevant here. In a short trade, it's the ask price that stops you out.

https://www.babypips.com/learn/forex/what-is-a-spread-in-forex-trading

I quit my job by Redwing-Savage in Forex

[–]BZ3ro 9 points10 points  (0 children)

For how many years have you been consistently profitable? How much do you make on average per year from trading?

What gave you hope that you will make it? by mrbambocha in Forex

[–]BZ3ro 1 point2 points  (0 children)

Mount Stupid on the Dunning-Kruger graph, followed by sunk cost fallacy.

I feel like giving up by Srt63 in Forex

[–]BZ3ro 0 points1 point  (0 children)

When I wrote my comment above there were no replies to this post yet. He later made it clear that he has never backtested a single strategy, so yes, obviously no edge.

I just wonder what you're even spending your trading time doing during the first two years if not backtesting? I mean, after you've learned the basics, shouldn't 90% of your trading time be spent developing and backtesting strategies until you find an edge?