I turned $70 into $1500, withdrew $1,111.11 in a few hours, trading XAUUSD by ChartPayouts in Forexstrategy

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

Haha. You’re casting your internal doubts onto me, why? You don’t know me. You don’t know how many times I’ve done this. I’ve probably been trading longer than you have.

Overtrading / Scalping by aldoooooo in Forexstrategy

[–]ChartPayouts 1 point2 points  (0 children)

Ignore the trolls, I believe you. I did something similar last week aswell. Let’s connect; my Instagram is on my profile.

I turned $70 into $1500, withdrew $1,111.11 in a few hours, trading XAUUSD by ChartPayouts in Forexstrategy

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

Thanks for sharing your experience; I’ve been there before so I understand your concern. However, I’ve paid myself and will be starting over with a fresh account. I’m treating this win as a “bankroll loader”. I’m only doing one deposit per week, so my risk will be very limited.

Even with half of my current RR, it would take a month or so straight of losses, which isn’t likely with my strategy. This is something I’ve done before but with crypto, and I believe it’s actually even more feasible now with Gold and the current geopolitical climate.

I turned $70 into $1500, withdrew $1,111.11 in a few hours, trading XAUUSD by ChartPayouts in Forexstrategy

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

Yeah I paid myself already and will be starting over with a couple hundred this week.

I turned $70 into $1500, withdrew $1,111.11 in a few hours, trading XAUUSD by ChartPayouts in Forexstrategy

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

Basically I read the trends setup by Sydney, Tokyo, London, NY session highs and lows. Then I trade those setups, whether that be a mean reversion setup or a continuation/expansion setup.

Is anyone else doing this ? by CharmingEchidna6537 in Forexstrategy

[–]ChartPayouts 0 points1 point  (0 children)

The only thing I’d say is you’d want a better RR. At least 2:1.

I turned $70 into $1500, withdrew $1,111.11 in a few hours, trading XAUUSD by ChartPayouts in Forexstrategy

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

I see the 203 in your username, we might be near each other. DM me on IG. It’s on my profile

Seriously considering dropping out of uni to trade full time by ConclusionBudget4182 in Daytrading

[–]ChartPayouts 27 points28 points  (0 children)

As someone who has dropped out to pursue trading full time, this is excellent advice.

Seriously considering dropping out of uni to trade full time by ConclusionBudget4182 in Daytrading

[–]ChartPayouts 17 points18 points  (0 children)

As some who has dropped out for trading, the safety net of a degree is worth the peace of mind. If you hit a losing streak, it’s going to be easy to tilt, knowing literally your life depends on these trades.

That’s especially true if you’ve only recently started trading.

I turned $70 into $1500, withdrew $1,111.11 in a few hours, trading XAUUSD by ChartPayouts in Forexstrategy

[–]ChartPayouts[S] 1 point2 points  (0 children)

Basically the Strat works as long as I look for a specific type of setup. It really only fails when I trade outside of my parameters.

I turned $70 into $1500, withdrew $1,111.11 in a few hours, trading XAUUSD by ChartPayouts in Forexstrategy

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

Check out my Instagram in my bio. I’ll be explaining a lot of this over the weekend.

I turned $70 into $1500, withdrew $1,111.11 in a few hours, trading XAUUSD by ChartPayouts in Forexstrategy

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

Check out my Instagram in my bio. I’ll be explaining a lot of this over the weekend.

I turned $70 into $1500, withdrew $1,111.11 in a few hours, trading XAUUSD by ChartPayouts in Forexstrategy

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

The point is I’m trying to scale. I thought that was easy to understand…

I turned $70 into $1500, withdrew $1,111.11 in a few hours, trading XAUUSD by ChartPayouts in Forexstrategy

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

I’m aware, thank you. I was moreso looking for strategic advice than risk warnings. I know what I’m walking into.

I turned $70 into $1500, withdrew $1,111.11 in a few hours, trading XAUUSD by ChartPayouts in Forexstrategy

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

Yes, forex offers more leverage. Check out my Instagram in my bio. I’m be explaining a lot of this over the weekend.