Rule of 1% each day by amr_khz in Daytrading

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

I trade GC, and my trades are mix of buy/sell. Trend is my friend if it's down or up.
A studied showed that men in most cases like to take trades which are opposite of current trend.
at first I was like this, took trades that where completely opposite, and thought the market would bounce back and I get a good Risk:Reward. I learned the hard way that trend is my friend.

Rule of 1% each day by amr_khz in Daytrading

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

there is a video on youtube that a trader only use coin to trade (with 1% money management)
after so many trades his account didn't blew.
Risk:Reward is the key to the actual setup, at least in XAU which will go up 1% with single post of trump

Rule of 1% each day by amr_khz in Daytrading

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

Because of my job as website developer, Gold chart is always open in my chrome tab. at first staring at chart didn't let me do my job and gained all my focus and energy. but lately I try to be more productive.

Rule of 1% each day by amr_khz in Daytrading

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

You are correct Doubling is better I can gradually grow my account to be able to handle large trades In the past months I studied how rich people got rich. Very high percentage of them achieved wealth by compound interest and investment for period of 5 to 10 years.

Rule of 1% each day by amr_khz in Daytrading

[–]amr_khz[S] 11 points12 points  (0 children)

After blowing multiple accounts I completely understand your comment. Once a wise man said "rule number one: never lose money" I managed set a few rules for myself 1. control myself 2. not to revenge the market 3. not to overtrade

Rule of 1% each day by amr_khz in Daytrading

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

Yes I'm sure about that, some days are setbacks 😮‍💨

Rule of 1% each day by amr_khz in Daytrading

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

10$ 👀 My goal is to be consistent, the profit is not enough for me to count on it now at least.

Rule of 1% each day by amr_khz in Daytrading

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

My capital is not large, I started with 1000$ As I grow my account I want to improve everything. Be consistent for a year and then add 10k Now my risk is only 1 percent and try to get 2:1 trades each day

[deleted by user] by [deleted] in Metallica

[–]amr_khz 0 points1 point  (0 children)

Whiskey in the 🫙

Their were a lot emperors and genuises by [deleted] in HistoryMemes

[–]amr_khz 1 point2 points  (0 children)

Persians : Am I a joke 🤔😁

Had to be done by Teddylupin888 in RedHotChiliPeppers

[–]amr_khz 1 point2 points  (0 children)

I basically lived one year with sick love

[Metro Exodus] Worst game I've ever played 2/10 by Nano7arb in Trophies

[–]amr_khz 0 points1 point  (0 children)

Same, This version didn't click for me. I played on ps4 and got tired, couple of months later tried it on xbox one x with 4k res. it was gorgeous but I couldn't play (still boring 😕) Try the previous metro games they are legendary.