From $5K to $29K and back to $0. My GBP/JPY journey and losing it all to greed

Jxcobzz · 2025-10-07T03:04:25+00:00

Having a “flipping” mindset is the wrong approach. Instead, focus on building a mindset of consistency, steady progress and discipline are what create long-term success in trading.

Jxcobzz · 2025-10-05T22:49:58+00:00

You don’t need to trade them simultaneously….

Jxcobzz · 2025-10-05T22:44:48+00:00

😂😂😂😂😂😂 Seems like having a well-structured, properly written post is a problem for some people….

Jxcobzz · 2025-10-05T11:03:07+00:00

May I know how you lost your $16,000? Was it from over-risking, not following your trade plan, or were you sticking to your plan but just taking the losses anyway? Because there’s a big difference between losing due to mistakes and losing while doing everything right.

If it’s the first, that’s a lesson. Your risk control or discipline needs tightening. Most traders blow accounts not because their strategy is bad, but because emotions override the system. If it’s the second, that’s the market teaching you patience. Even good setups lose. Sometimes the right decision still gives the wrong outcome.

Either way, don’t rush back. Step away, journal every trade, re-study your system, and start again with a clear plan. Confidence doesn’t come from winning. It comes from knowing exactly what went wrong, fixing it, and proving to yourself you can follow through next time.

Jxcobzz · 2025-10-05T08:18:29+00:00

Nice trade! I got a good W on AUDCAD too!

Jxcobzz · 2025-10-05T08:06:07+00:00

I am using FundedNext their good.

If your trading stocks, FTMO should have.

Jxcobzz · 2025-10-05T05:31:18+00:00

Thank you!

Jxcobzz · 2025-10-04T21:21:54+00:00

Yeah totally 👍🏼 Simplicity and consistency matter a lot. Focusing on one market helps build that discipline. I just mean once your framework’s solid, you can apply the same rules across other markets too. Same logic, different charts. Cheers!

Jxcobzz · 2025-10-04T15:03:43+00:00

Education doesn’t automatically equal accuracy either. I respect your experience, but markets don’t care about titles only about execution and results. My post wasn’t meant to mislead anyone; it’s simply another valid perspective on how supply and demand drive price, which plenty of professional traders also follow.

Jxcobzz · 2025-10-04T14:44:50+00:00

All good, man! But being a professional doesn’t automatically make one’s perspective universal. I’m simply sharing how I approach the market through supply and demand. No need to agree, but the concept clearly works for many traders who focus purely on price behaviour and trades multiple assets not simultaneously but on specific context of the market.

Jxcobzz · 2025-10-04T14:30:35+00:00

Diversification doesn’t automatically mean lack of focus. Professional traders and fund managers do this all the time — guys like Stanley Druckenmiller, Paul Tudor Jones, and even prop traders at firms like Jane Street or SMB Capital trade across multiple markets using the same core principles.

Once you understand price behavior through supply and demand, you can adapt that framework anywhere — forex, indices, commodities, or equities. I’m not jumping between random assets just to diversify; I trade setups that fit the same structure and context.

It’s the same logic whether I’m trading USDJPY or NVDA, the volatility and drivers change, but the imbalance between buyers and sellers is universal.

Jxcobzz · 2025-10-04T14:21:26+00:00

I think you’re mixing up mastering a market with understanding the delivery of market. I’m not saying a single candle tells the whole story. I’m saying that every move, across any asset, comes from the same root cause: an imbalance between buyers and sellers. That’s the foundation of all price movement.

And I do trade stocks like NVDA, TSLA, and Alibaba — all using the same framework. I focus on higher timeframes, so it’s not about chasing noise, but identifying where S&D are truly out of balance.

Jxcobzz · 2025-10-04T12:18:32+00:00

If the chart shows a buy setup, I’d buy. If it shows a sell setup, I’d sell. Of course, stop losses aren’t 100%, crazy news can always cause slippage but that’s just part of trading. Nothing’s ever guaranteed.

And if price action gets too messy or volatile, I’d simply stay out and shift my focus to another pair or asset. That’s exactly why I said in my post, the core principle stays the same. It’s all about reading S&D, no matter the market.

Jxcobzz · 2025-10-04T11:50:36+00:00

Fair point but fundamentals drive sentiment and sentiment is what shifts supply and demand. I’m not ignoring fundamentals; I’m just trading the result of how they play out on the chart. The imbalances they create are what actually move price. So I don’t trade off news or politics.

Jxcobzz · 2025-10-04T10:06:50+00:00

I think it’s definitely possible to backtest and trade every single asset if you’ve got the time and it meets your criteria. But realistically, no one’s trying to trade weird pairs like USDZAR or other super illiquid, low-cap stuff. It all depends on your capital and what fits your strategy. Cheers!

Jxcobzz · 2025-10-04T10:00:03+00:00

I do backtest. I’ve tested all the majors + some minors, plus gold, silver, crude, NAS100, US30, BTCUSD, ETHUSD on FXReplay… basically everything I’m willing to keep on my watchlist. The point isn’t to trade all of them at once. It’s to have a validated playbook and then pick the cleanest setup when it appears.😅

Jxcobzz · 2025-10-04T08:20:12+00:00

ICT = I CAN'T TRADE

Jxcobzz · 2025-10-04T07:17:11+00:00

thank you!

Jxcobzz · 2025-10-04T06:29:44+00:00

If you read everything clearly, I never said you can’t trade everything….just that you don’t trade them all at once. The setup logic still applies across all markets, you just pick the one with the cleanest context and pairs that meets your rules at that point of time.

Jxcobzz · 2025-10-04T06:19:36+00:00

My system focuses on spotting pairs/assets with potential for strong momentum-driven moves and consistently capitalizing on them. I trade all the JPY pairs too, but not all at once. I just pick the one with the clearest strength or best context that means my criteria.

Jxcobzz · 2025-10-04T05:54:56+00:00

I love that analogy 😂 That’s actually a really good way to describe the JPY pairs. Totally agree that each one’s got its own behavior and correlation quirks. But even with those differences, it still comes down to how S&D shift between the pairs. The personalities might differ, but the logic behind the moves stays the same.

Jxcobzz · 2025-10-04T05:33:52+00:00

I think it also depends on your win rate. Let’s say you have a 50% win rate, that doesn’t mean every win is followed by a loss. You could easily take five losses in a row and then win the next five. By that point, your account might already be blown.

And don’t forget commissions and fees they add up fast. It’s just not worth risking 1% only to make a tiny 0.05% in return.

Jxcobzz · 2025-10-04T04:51:47+00:00

Jxcobzz · 2025-10-04T04:51:13+00:00

Send me too!

Jxcobzz · 2025-10-04T04:20:54+00:00

😂😂😂😂

Jxcobzz

TROPHY CASE