CRAZYPIPS Forex

Saved this article way back in 2017. Once in a while I go back to it.

If you ever lose your way and get totally frustrated and blow out your account. Simply go back to a demo trading account for a while and make note of how you feel and how you are trading, etc. That is how you should trade a real account!  IN CONCLUSION, one of the first things you need to learn as a trader is how to put the odds of success in your favor. In other words, you need a high-probability trading edge / strategy. But, remember, a trading edge / strategy is simply a higher probability of one thing happening over another, over a SERIES of trades.Like i said earlier, don`t let your focus be on the outcome of a single trade but let your focus be on the out come series of trade,this is where your balance sheet comes in. Those who did acounting in school would understand vividly what i meant.  Thanks

How to Be A Profitable Trader  1 Learn to Think in Probalities.  There is no guarantee that this trade will be the exact same result as the last one, even if they look the same. Rather, the method only tells us that IF we use it consistently, then over a series of trades, we should be profitable.   Learning to think in probabilities releases your expectations from trades because you are focused on the results of the overall series of trades, not on the result of any given trade.  2 Understanding Price Action   What is Price Action?  The typical retail trader doesn’t understand or doesn’t think about the fact that there are bigger traders who can move the market – so every price movement is something people believe about the future and those price movements are what I call price action.And this action leads to market parterns on the chart. Like Candle Formation, Uptrend, down trend, sideways market, Support and Resistance Zones e.t.c Whichis a problem to lots of traders and why?  The problem is, this  patterns repeat themselves on a random basis. Even though the criteria are correct (a trade pattern that looks good), we still cannot predict human behavior, an important point to remember. When you put on a trade, do you know who took the other side? There’s no way to know. So, when the pattern presents itself, we don’t have ANY idea about who is going to come into the market next to influence it. So there is no point in trying to ‘figure out’ if it will work or not for that trade. Essentially, once you place a trade, you need other people (traders) to want to buy or sell a market at a worse price than you did in order for you to become profitable on that trade. So, if you buy a market at 10 for example, someone else has to want to buy it at 11 or 12, in order to make you a winner. Since you have no idea if that will happen or not, you cannot possibly predict the outcome of any given trade. Remember, all trades are people-driven and influenced events, you are not in control. Your trading strategy is only putting the odds in your favor over a series of trades, not guarantying you will win every trade.  3,HAVE A FREE MIND  To execute trades without making mental errors you have to be free of thinking that “this trade will be a winner”. The typical trader expects “this trade” to be a winner, or why would they take it, right? But, you can’t think this way if you want to make consistent money. Once you start expecting each trade to win, you become emotionally attached to it, when as you should know by now, it is not any ONE trade that matters, but the overall series of trades and your ability to remain disciplined over that series that matters. 4,LEARN TO CHANGE THE WAY YOU THINK ABOUT THE MARKET AND THINK LIKE A PRO.  A pro trader doesn’t think to themselves “Will this trade work?” when a potential trade is present, because they understand the human component that makes it basically random (as discussed above). What he or she does think about is the risk; “How far am I willing to let this trade go against me before I see if other traders are going to come in and make me a winner?” In a winning trade – traders start focusing on the retracements and end up exiting at a low-profit point rather than seeing that it will go back up. Stop thinking about the outcome of the trade and instead think about risk and where you will exit, not about IF the trade will be profitable.  5 DEMO TRADE WITH EMOTION Have you been profitable on a demo account then immediately started losing money when you switched to a real account? If so, you are not alone, this happens to a lot of traders, it’s very common. Traders don’t really care if they are right or wrong on a demo account because they know they cannot lose or make money on any given trade. So, they naturally become focused on the things that matter; trading their method properly and slowly but surely building their trading account OVER TIME.

Us100 600pips in the bag, book partial to break even and make your entry your new SL for a risk free trade. 🔥🔥🔥💪💪

Last week result ( Nov 6 - Nov 10) Monday(6/Nov) Gbpusd buy -25pips❌ Us30 sell +470pips✅ Tuesday (7/Nov) Eurmxn sell +50pips ✅ Wednesday (8/Nov) USDMXN sell -78pips❌ Thursday (9/Nov) Eurusd buy still running Friday ( 10/Nov)  Xagusd  sell +75pips✅ Nasdaq buy  +200pips ✅ EURZAR sell still runing Gain +  795 Loss -   103 Total profit + 692pips 🔥✅

Last week result ( Nov 6 - Nov 10) Monday(6/Nov) Gbpusd buy -25pips❌ Us30 sell +470pips✅ Tuesday (7/Nov) Eurmxn sell +50pips ✅ Wednesday (8/Nov) USDMXN sell -78pips❌ Thursday (9/Nov) Eurusd buy still running Friday ( 10/Nov)  Xagusd sell +75pips✅ Nasdaq buy +200pips ✅ EURZAR sell still runing Gain + 795 Loss -   103 Total profit + 692pips 🔥✅

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EURMXN free signal runing 41pips, only VIP members gets the privilege to know when to keep holding or exit if Market directional bias has changed.

EURMXN sell 19.04568 SL 19.23922 TP 1 18.80000 TP 2 18.50000

Someone lost 80k usd today. Even though she is a good trader am not surprised about her lost. The last two days of Monthly candles are the worst days to trade when it comes to Forex. Including the first day of a new month candle. Forex business not for the faint hearted.

Someone lost 80k usd today. Even though she is a good trader am not surprised about her lost. The last two days of Monthly candles are the worst days to trade when it comes to Forex. Including the first day of a new month candle.

GBPDKK let's book full profit 20pips. 😊

Last week result ( Oct 23 - Oct 27) Monday(23/Oct) Gold buy -80pips❌ Nasadaq sell +600pips✅ Gero30 sell -648pips❌ Tuesday (24/Oct) Gero30 buy +700pips✅ Wednesday (25/Oct) Nzdjpy sell +30pips✅ GbpDkk sell running Thursday (26/Oct) Us30 sell +520pips✅ Uk100 sell +10pips✅  Friday ( 27/Oct )  Spx 100 sell -110pips❌ Gold sell +56pips ✅ Us30 sell +700pips✅ Gain + 2616 Loss -   838 Total profit  + 1778 pips 🔥✅

Last week result ( Oct 23 - Oct 27) Monday(23/Oct) Gold buy -80pips❌ Nasadaq sell +600pips✅ Gero30 sell -648pips❌ Tuesday (24/Oct) Gero30 buy +700pips✅ Wednesday (25/Oct) Nzdjpy sell +30pips✅ Gbpdkk sell running Thursday (26/Oct) Us30 sell +520pips✅ Uk100 sell +10pips✅  Friday ( 27/Oct )  Spx 100 sell -110pips❌ Gold sell +56pips ✅ Us30 sell +700pips✅ Gain + 2616 Loss -   838 Total profit  + 1778 pips 🔥✅

I realy want to see the end of this trade. Cant believe we have been holding this shit for two days 🤦‍♂😂

Join this live session if u can, or watch later.

Gero 30 runing 700 pips. Close partial to break even and make your entry your new SL for a risk free trade. You can also book full profit if u like.💪💪🔥🔥🔥🔥

Gero30  has no business selling, Ember months can be messy sometimes and affects all pairs, The ongoing war between Israel and Palestian is also another issue.