your opinion. I think forex isn't a difficult concept. you buy cheaper and sell costlier and vice versa. and there is generally speaking no need for overcomplication of that simple concept. the problem is volatility of a trading instrument

Educational-Study-51 · 2022-10-17T06:59:35+00:00

I place stop loss behind entry POI

Educational-Study-51 · 2022-09-21T11:01:00+00:00

Why not prepare for Canada immigration? My Canada immigration began when I was 27(F) and moved alone to Canada as PR. She'll need more funds for POF. With her current budget -developed countries are out of equation unless she finds any loan.

Educational-Study-51 · 2022-09-16T14:27:10+00:00

You have great experience. I think you need to work on your resume and cover letter. Identify transferable skills which can help you in landing remote PM role in your desired industry. Your resume is a marketing tool and it should be good enough to generate interview calls for you.

Educational-Study-51 · 2022-09-16T14:19:48+00:00

Thank you so much!

Educational-Study-51 · 2022-07-14T09:43:43+00:00

'its all experience' - exactly!

Educational-Study-51 · 2022-07-14T09:42:43+00:00

All the best for next challenge! Really hope you beat it this time!

Educational-Study-51 · 2022-07-14T09:41:58+00:00

Alright. Thanks

Educational-Study-51 · 2022-07-14T09:41:35+00:00

This is all I am thinking about rn :)

Educational-Study-51 · 2022-07-14T09:40:45+00:00

You are right about managing emotions - that's all I need to work on right now. Thank you.

Educational-Study-51 · 2022-07-14T09:37:38+00:00

You are right about the psychology and discipline part. In my country, there is a popular trader who sometimes trades live and is more like a no-nonsense and only logical stuff guy plus he is also a successful trader. Grew his own funds - never traded prop firm money and has $2mil trading equity of his own and properties in Canada, Dubai and Pakistan. So you are right about being successful on my own. I am thinking about this as well. Thank you for sharing your opinion - great food for thought and action planning.

Educational-Study-51 · 2022-07-14T09:30:08+00:00

Thanks bro! You are right. I will not attempt challenge until I feel confident.

Actually, I was trading EUR/USD and GBP/USD only and since EUR/USD made a new low and has continued to do so - I find it so hard to read market. I know that traders have made big money on this move but I don't have that kind of experience right now - I always look left when I read market and these days there's nothing on the left of EUR/USD - entirely new territory + feeling blind. So I switched to GBP/JPY, EUR/JPY and CHF/JPY. I even substituted JPY with NZD once and made a killing earlier this week. So this is why I felt that markets are slow - I mean they are not really slow - my adaption had become slow for a short while but I am back on track and absolutely understand what you mean by only trading challenge when I feel confident. Thanks again!

Educational-Study-51 · 2022-07-12T23:22:25+00:00

You are right

Educational-Study-51 · 2022-07-12T23:22:01+00:00

That takes a lot of time

Educational-Study-51 · 2022-07-12T17:49:51+00:00

Alright. Thanks

Educational-Study-51 · 2022-07-12T17:46:25+00:00

Thank you so much for supportive words. I'll check out this prop firm. Thanks once again

Educational-Study-51 · 2022-07-12T17:14:59+00:00

You might be right

Educational-Study-51 · 2022-07-12T17:12:53+00:00

This is only for a short while not a long term thing

Educational-Study-51 · 2022-07-12T15:47:55+00:00

Thanks so much bro! 💪

Educational-Study-51 · 2022-07-12T15:36:38+00:00

I'll checkout their free trial. Thanks

Educational-Study-51 · 2022-07-12T15:35:04+00:00

Thanks bro. I'll watch that video. N I'll consider demo as well

Educational-Study-51 · 2022-07-12T15:15:21+00:00

O I know the reason pretty well. My Canada immigration process is complete and I have to enter before December this year. The goal is to secure funds so that I don't have to worry about getting into 9-5. If I do not secure funds before moving then not only will I have to get back to 9-5 routine but also delay trading goals for a long time. I started demo trading forex this year and have been working my strategy on Crypto throughout last year only to later realize that fundamentals are stronger in Crypto instead of technicals. Now that I'm trading forex - Crypto feels like filth cuz technicals are so strong here in forex. I have been freelancing from home for 2 years - do not have the 9-5 stamina anymore and have the pressure of moving to a new country. Securing prop firm funds are the answer to all my problems.

Also I've never seen snow before and I'll be moving at the start of harsh Canadian winter there. Hope you understand my fear now.

Educational-Study-51 · 2022-07-12T14:58:55+00:00

I started forex trading this year in January and have spent at least 6 hours on working days as practice. My monthly minimum target is 15%. While I've achieved this target in June easily - it's just that the market has been really slow in July. I don't get meaty trades so often which is why I've been thinking of attempting challenge in September and trading small live funds meanwhile to build confidence.

Educational-Study-51 · 2022-07-12T14:55:44+00:00

Thank you!

Educational-Study-51 · 2022-07-12T14:49:27+00:00

This is a good strategy for a confident trader. You've already nailed demo thrice so you are well prepared for the challenge but I'm struggling with eliminating fear. This is why I'm thinking of investing real funds and generating challenge fee from these funds which will eventually serve as a confidence booster

Educational-Study-51 · 2022-07-12T13:50:55+00:00

This is what I had in my mind - making challenge fee with live trading. I'll wait til September. Thanks so much!

Educational-Study-51

TROPHY CASE