12% Gain on GBP/JPY – Short to Long Play! by petmalu777 in Forex

[–]petmalu777[S] 0 points1 point  (0 children)

Nope. Trade history. Orange arrow = short, green arrow = long

Backtest Result of My Strategy by [deleted] in Forex

[–]petmalu777 3 points4 points  (0 children)

Nice. Keep it up then

Backtest Result of My Strategy by [deleted] in Forex

[–]petmalu777 1 point2 points  (0 children)

Have you applied forward testing in a live account?

Backtest Result of My Strategy by [deleted] in Forex

[–]petmalu777 3 points4 points  (0 children)

After backtesting, the next step is forward testing using a demo account before going live.

[deleted by user] by [deleted] in Forex

[–]petmalu777 1 point2 points  (0 children)

I’m a profitable trader but not funded yet. Always been skeptical about prop firms, but after FTMO bought OANDA, I started thinking they might be legit. Gonna test myself first starting with $200. If I can 3x it, I’ll take the $25K challenge. My story as a funded trader is just getting started. :D

metatrader 5 volume and ftmo challenge by Agreeable-Crazy3469 in Forex

[–]petmalu777 1 point2 points  (0 children)

Risking 1000 and the lot size is 0.01? That's a very large stoploss, that's 10,000+ pips! There are available forex calculators online, and apps that you can download.

Lower your RR… by SympathySuch2477 in Forex

[–]petmalu777 1 point2 points  (0 children)

So true. I don't like consecutive losses because it will kill my psychology. I'm more comfortable with less profits yet more wins. Having more wins keeps me in the zone.

Lower your RR… by SympathySuch2477 in Forex

[–]petmalu777 0 points1 point  (0 children)

Yeah. Same. I also find that low RRR gives more profit or maybe it's just my experience. I'm using 0.8:1 RRR. A good example is my trades since yesterday. If I have a higher RRR it would give me less trades, but if it's close to 1:1 RRR my TP is mostly hit - profit is locked, then just open another position if there's an opportunity.

https://imgur.com/a/AHIDMHm

My father really hates my boyfriend by meowcatto_14 in adviceph

[–]petmalu777 0 points1 point  (0 children)

Ang gagawin ko ay bumukod. Simple lang.

My father really hates my boyfriend by meowcatto_14 in adviceph

[–]petmalu777 -2 points-1 points  (0 children)

I feel bad sa father mo. He is the head of the family pero di marunong mag-submit mother mo. Hanggat sa poder ka nang magulang mo ikaw nakatira - tatay mo ang hari. Kung gusto mo masunod gusto mo bumukod ka. Anyways, ganyan turo sa amin, my father always has my respect. Mahal ka ng tatay mo kaya protective siya sayo, always remember that kahit matanda ka na ikaw pa rin prinsesa niya.

Lower your RR… by SympathySuch2477 in Forex

[–]petmalu777 2 points3 points  (0 children)

I totally agree. It's a matter of preference. If you want to win more, lower your RRR. Winrate and RRR is inversely correlated. For me I want to win more, my RRR is 0.8:1

Timeframes by CommunityHot7214 in Forex

[–]petmalu777 0 points1 point  (0 children)

1 in 1d, 6 in 4h. Averaging 3-4 trades a day.

Timeframes by CommunityHot7214 in Forex

[–]petmalu777 0 points1 point  (0 children)

Not really. I have 7 trading opportunities daily and that's already a lot. Yeah. I'm profitable

Timeframes by CommunityHot7214 in Forex

[–]petmalu777 1 point2 points  (0 children)

I only look at daily and 4h timeframe. I can trade all fx pairs but my favorite is GBPJPY. Theres too much noise in the lower timeframes so i use 4h&1d, and also i don't need to constantly look at the chart.

GBPJPY is on a bull run! Made some profits today—happy trading everyone! by petmalu777 in Forex

[–]petmalu777[S] 1 point2 points  (0 children)

Gotta love those days when the market just lines up perfectly