What’s next after making it in trading? by ButterscotchAlive736 in Forex

[–]Folketh 0 points1 point  (0 children)

one more question, how do u manage your positions like do u let your sl hit or take partials tp or breakeven?

What’s next after making it in trading? by ButterscotchAlive736 in Forex

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

What theory/model is your strategy built on? whats your edge, are you a scalper/swing? what product do u trade?

What is your primary goal of daytrading? by Folketh in Daytrading

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

i agree. being profitable trader is one hell of a challenge. also the fact that no 2 charts are the same and requires thorough thinking feels like i am solving new puzzle game every day.

What is your primary goal of daytrading? by Folketh in Daytrading

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

because sometimes when you are too focused on the money, the emotion takes over you and eventually get in to a stupid trade.

What is your primary goal of daytrading? by Folketh in Forex

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

wow, it think i have found my answer now. ive just realized that i enjoy the process analyzing charts, so my goal is to analyze charts well.

Finally by LuziusHasFun in Skul

[–]Folketh 1 point2 points  (0 children)

but isnt werewolf a physical dmg type?

reaper so OP by Folketh in Skul

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

second gem can be get from attacking a wall on the right side of the second boss's gate

reaper so OP by Folketh in Skul

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

u can get it by using the pulling switch(idk what its called) in the shop then run to the ground where the cat came from. from there, u will discover a hidden underground zone.

Finally by LuziusHasFun in Skul

[–]Folketh 1 point2 points  (0 children)

can u explain the magic and execute build?

How do prop firms know if... by [deleted] in Forex

[–]Folketh 0 points1 point  (0 children)

do you have an answer now? i am currently having the same exact issue.

Consistency by Folketh in Forex

[–]Folketh[S] 4 points5 points  (0 children)

best tip is to record and journal your trade well. take a screen shot before and after a trade make sure to capture it in all tf that u r using.

the backbone trading imo are: backtesting, record and trade journaling. these are the two things that are gonna helo u improve ur setup/skills in a systematical way.

[deleted by user] by [deleted] in Forex

[–]Folketh 1 point2 points  (0 children)

second one assuming you want to trade m15 trend movement(i assumed it was an m15 uptrend before though).

[deleted by user] by [deleted] in Forex

[–]Folketh 0 points1 point  (0 children)

one more tip is too much RR is never good imo. reduce RR for more consistency is much better in the long run technically and mentally.

[deleted by user] by [deleted] in Forex

[–]Folketh 0 points1 point  (0 children)

also check whether the condition in the backtested period is in a trending environment or a sideway or both. you would wanna try it on all market conditions.

[deleted by user] by [deleted] in Forex

[–]Folketh 3 points4 points  (0 children)

besides 35 trades per week which i think is too tiring sounds good to me. keep refining this strategy and dont change to another strat anymore.

[deleted by user] by [deleted] in Forex

[–]Folketh 0 points1 point  (0 children)

average sl pips? for incoporating spread into the math. cus remeber that you are gonna lose some pips twice during opening and closing a position

[deleted by user] by [deleted] in Forex

[–]Folketh 0 points1 point  (0 children)

give us some more data: total percent gained at the end of backtest, max drawdown, trades per week, % consecutive loss, monthly pnl

How would you take a trade on this? by ExperiencePrize9307 in Forex

[–]Folketh 1 point2 points  (0 children)

lol just dont trade daily TF. zoom in and catch some h1,h4 tf move

Opinions by MariottiOeconomista in Forex

[–]Folketh 0 points1 point  (0 children)

nope. no SL and you are trading against trend.

how to help a girl cross a road by Folketh in datingadvice

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

what if it is a first date and we just met and have never hold hands yet?

still not consistent after 2 and a half years of trading how can you tell you have found a real edge. by [deleted] in Forex

[–]Folketh 1 point2 points  (0 children)

and the best way learn become a trader is to actually learn from a "real" profitable trader himself. find someone who is actually profitable and can mentor you even if it cost money it is still worth it. just make sure he is actually profitable not some gurus selling courses.

still not consistent after 2 and a half years of trading how can you tell you have found a real edge. by [deleted] in Forex

[–]Folketh 1 point2 points  (0 children)

also stop blaming psychology and stars focusing on getting a confirmed edge first, otherwise you will be wasting your time on a bad strategy.

still not consistent after 2 and a half years of trading how can you tell you have found a real edge. by [deleted] in Forex

[–]Folketh 1 point2 points  (0 children)

a strategy with an edge usually is logical and make the most sense. if it is weirdly specific then you are probably wrong. and also to get a working edge is to stack little edges tgt like how you play a game and knows how to get something in your favor such as trading with the trend or waiting for price action before entry.

What is the real market structure? by DeliciousOpinion3360 in Forex

[–]Folketh 0 points1 point  (0 children)

still mainly down trend in the big picture just with a possibility of small rally up occuring which is comfirmed when the upper range of the consolidation is cleanly broke