nikosk0's Posts | Myfxbook

Do you know you could recover your losses in Fx by being just patient? in General Mar 05, 2024 at 17:52

you'll exhaust yourself if you dont sleep. been there done that.for years now i been using the weekly and daily to find setups and 4hr or 1hr for entries.i just check every few hours to either enter or exit. and i am always offline 2hrs before NY close and untill london open.2-5 trades a month is all i get but its more than enough to make money

How much gain is realistic ? in General Oct 31, 2023 at 07:45

i have a monthly goal for my self. its easier to manage and less pressure to perform. i ussually achieve my goal within the first 1-2 weeks of the month but i dont trade much. 5-10 trades per month.if you want to win, be patient and zoom out your charts, if you have a daily goal, make it 10 pips a day not %if you have a monthly goal, set something low 10-15% you will see how easy it is to make it. a succesfull company makes 20% per year, so dont look at 10-15% per month as low, dont be gready and be patient.you will waste your time and money trying to go big instead se a 2 or 3 year target ins...

Regulated broker vs. Unregulated broker in New Traders Mar 02, 2021 at 14:25

i;ve been with regulated brokers (not if the first class) they are kidna good. just switched my accounts to saxo and oanda.nothign beats them, they are more expensice based on comitions ans spread but dont care.customers service, suppport, security, are top notch.+ a ton of extra features that no one esle has.

Fundamental and technical in General Jan 28, 2021 at 13:30

dont even care about fundamentals. tech only for mei dont even watch if news are about to be released

Importance of Stop Loss in General Oct 03, 2020 at 18:01

i do reversals only and pullbacks. i never trade with the trend.so i spot exhaustion points.i accept the trade goig against me, then i make a second entry a bit bigger than the previous one. the second entry is rarelly wrong, my stop losses, both of them are just above or below the second entry.i only trade london session and when the market spikes up i try to sell it.if it goes down i buy it.no break outs no trend continuation for me.there is always a stop at the first entry but its far and away, it never gets hit. its only there to prevent an account blow from banks intervining with the mark...

Is Martingale the real and the only holy grail? in General Aug 07, 2020 at 09:42

hi i'll try to help you by telling you what i do.i mainly trade eu usdchf and gbp usd15m tf full zoomed out.this is my eu trades i would take or have taken.trade only intraday the london session and nothing more than thateuhttp://prntscr.com/tvlzszguhttp://prntscr.com/tvm1kjuchfhttp://prntscr.com/tvm2h8uchf is the most consistent of them all.i use sma's just to define the trend and trade against the trend if i see accumulation at extended places or with the trend at previous break of structure that act as accumulation areas50sma160 ema336 sma768 smause 1.5rr and set stop loss at least ...

How to Successful Forex Trading Mindset? in New Traders Jul 30, 2020 at 12:41

the problem is that its easy to gain 10x in a matter of mitues and loose it all in seconds. that easy money mindset is what destroyes allsteady and slow is the keypersonally i either take 1% swing trades or a lot of scalps per day (10-15) at 0.1%. i loose about 20% of my trades, i get break even about 30% of the time i win about 50% of the time of at least 1.5r

Anthony Wins in Trading Systems Jun 16, 2020 at 18:53

for all the doubt out there, this account seems legitand 10% a month with discipline and manual trading is a piece of cake.keep up anthony(no i dont know antony i use my own stategy and mainly management and no i dont share or sell or let other people copy me, took me enough time - effort and money to achieve what i have achieved)good luck to everyone

TO GAIN at least 5-10% a month, every month. IS THIS POSSIBLE? in New Traders May 14, 2020 at 15:13

or how much time and effort you put on to this to develop a quality system on your own.

scalping is risky ? in General May 13, 2020 at 15:31

it is risky because you have to make faster thinking and better emotion controlother than that every timeframe should be traded the same way(oh and yeah be ware of spikes during scalping)

20 trades to become millionare - is it possible? in New Traders May 13, 2020 at 15:29

one day i was trying to blow the demo, i had 10k in it.i made it to 190k with 5 trades within 1 houri was just trading to the direction i would normally trade but with the max possible available lotsnone of the trades went against me even for a pipbut this is the exception to the rulei suppose it can happen but it is just luck in the end

TO GAIN at least 5-10% a month, every month. IS THIS POSSIBLE? in New Traders May 13, 2020 at 15:27

yes it is

Which indicator you use most for your trading? in New Traders May 13, 2020 at 14:50

macd lags a tonwhen i used indicators i used 1hr timframe stocastic for signal and daily stocastic for direction (or haos visual averages they are kinda the same)or daily averages ztma for direction and 1hr haos for signal.price action works better though. u dont have any lag but it is hard to master, u learn something new every day or should i say every time u look at a chart.the only thing that indicators helped me was to translate price action. other than that they work in some enviroments they dont work in other enviromentspa+proper management and most important of all psychology are the ...

Show your profitable account here. in General May 12, 2020 at 20:54

trying to blow it or what?http://prntscr.com/sflknkhere is mine btw i am traindg for the past 7 months i;ve been proftable the last 2 monthsi just started this account to keep track cause the old one when i started was blown and the stats were horrible and unrealistic of my current performancehttps://www.myfxbook.com/members/nikosk0/nas/5598234

7 Benefits of using stoplosses in General May 12, 2020 at 06:11

i was saying that i had a 4hr timeframe short on nzdusdif that thing would break up there is no way it would return to my entry in less than 10 years. (look at the monthly chart)so the use of stop loss for me is essential.

7 Benefits of using stoplosses in General May 11, 2020 at 15:02

that's advice for people to loose so the few ones can win. a stop loss invalidates the idea, means you're wrong. on to the next onei am currently short on NU, if this thing breaks out how much time will it take for it to come back to my entry?http://prntscr.com/serhdhI'll tell youhttp://prntscr.com/serhnoa decade if i am lucky

Money Management in General May 11, 2020 at 09:04

psycology is more important than money management.i do win and i win big. i dont accept mediocre winnings. but i want to win more since i know it can be done.i am trying something new on demo. i will try it for a few months and see if it can outperform my live account. now it is the 2nd week of testing and the demo is +30% of my live.the difficult part on demo is the psycology cause the risk is big (10% per trade trading). 2-3 trades per week, perfect setups only, nothing less than thatif it works out i will put a small ammount of money like 5k and test it live. for now i can not do it live, i...

7 Benefits of using stoplosses in General May 11, 2020 at 08:52

i'd say using a proper stop loss has all these benefits.on the timeframe you are trading the stop loss much be set at a point that makes your idea invalid.my idea gets invalidaded ussualy the the previus swing high or low is taken out.stop losses are the single most important thing any trader should have in his strategy.i once lost 10% on a signle trade because i was moving my stop loss all the time saying the trade will come to my favour untill i eventually decided i didnt want to loose more luckily for me cause the trade never reversed.i should also mention that this has happened after ...

5% Day - Goal in Trading Systems May 09, 2020 at 17:53

not at all interested, was just thinking u were an amateur who wanted opinions i do prety well on my own http://prntscr.com/sdso39

EUR/USD in Experienced Traders May 09, 2020 at 12:19

i am gonna dd a 4th 1% posiiton on monday open based on 15m chart. trade is already locked +6.5% in profit. so either make that profit % go throught the roof or down to +4%this is how i make money at least. pick the 1st entry, lock it and build it up. i try to find 1 trade per week like this and i am good.i try to do this on 3-4 trades every week, i only need one to work.this week my pick was on eurusdthis is my view on it on the dailyhttp://prntscr.com/sdo650and this on 15mhttp://prntscr.com/sdo96arealistic tp at 1.0975

EURUSD	1.03732	GBPUSD	1.25787	AUDUSD	0.6204
USDJPY	150.505	USDCAD	1.44707	USDCHF	0.90292

Posts by nikosk0