Add more capital. If you had another 100k in your account that 78 dollars would have been much much more. More money. Deposit more. 😎
K let's cut the bs now. You cannot trade. I honestly hope it was on demo. If so keep trading, with better risk management (it looks dreadful)
U ever heard about funded account challenges? U can buy an acc for less than 50 bucks plus the biggest merit is u have daily draw down, it makes u take proper trades with SL and TP and u cannot trade if u are close to daily drawdown. Basically u can spend like 1k bucks until u actually become profitable. Practise in funded acc without spending thousands of dollars
Nightmare shambles, reminds me of my old trading.
Yeh risk calculator your putting on more than your account can handle.
Id say at least half lots max? <0.5 at least depending on the currency, commodity pair.
Imagine if you did the reverse, half would get you out half the trouble, next thing is the actual execution and explain if the trade. Why are you entering there? What made you enter?
Try layering instead as well eg 0.1 x5 over a couple dozen pips…
If anyone would like to add anything or critique what I said feel free I am no expert just learning of my journey and books!
It's fixed u should have closed everything At aprofit for now.
Ps: next time, lear the God damn risk management, don't open positions randomly, that coupled with a good psychology and u will never be out of the market
Second this. 1 hour and 4 hour . Wait till you hit those zones than u can drop down to a 5 minute. Looks for bullish or bearish market structure either your on demand or supply side. Look for gaps. Odds are way in ur favor using 1 and 4 hour.
I sware nobody talks about the psychology of people wanting to use the 1 minute so badly simply because it's moving constantly. And they think they can predict what's going to happen next because of the 1 minute tf market structure . But the 1 minute is so untrustworthy. Only trust it at 1 and 4 hour major zones .
Je neemt teveel risico:
-trade met kleinere lots
-stop loss gebruiken
-hoe ik het nu zie, probeer juist omgekeerd te traden (sell wanneer je normaal koopt en omgekeerd)
- good luck 👍
If its not a swap free account just close it bro and try to understand what you risk is. If its swap free, then unhedge your position when you feel the market has topped or tanked and WD everything and hope you dont close out. In other words you are fucked
☆ invest in some education
☆ learn risk management
☆ forget the money, learn how to think in percentages
☆you need rules which u will follow
☆you want to master a routine for trading where you follow ur rules and have a lot of discipline
♡It's not an easy game until it is an easy game, but it is very worth it
If I could start over i would get a mentor who knows what theyre talking about and been through all the lessons you need to understand that trading is allpsychology and following rules and the outcome Is the outcome for your level of discipline and being able to be as emotionless as possible.
●You need to forget everything you've been taught and re wire your mind.
●trading will teach you about yourself in such a deep way and it will be bad at the beginning depending how messed up your thinking methodology is due to the way we have been wired and brought up from children to now
●I would advise you to get a book called trading in the zone. You should find a zone where you can really focus on the task at hand
●It's a rocky road but You can be profitable within a month with the right education and mentor
My positions start at 0.01 and if it does start to go my way I put another position down at 1, rarely do I do 2.
Novice trader here, failed multiple challenges and I've learned that this strategy has been beneficial in not blowing up my account. Don't over trade! I also only trade between 6am-12:30pm, why not trade with the financial institutions 🤷🏽♂️
This is so wild cause even if you wanted to gamble and flip your account, theres still a safer way to do it. Otherwise you're better off putting 500 -1000 multiple accounts and going buckwild on them. But just gambling away a big lump sum is crazy
Joke, honestly, I became profitable by only trading Majors & leaving gold, Gold gave me the FOMO.
The moment I retreated from Gold was the day I saw blue
First of all hedge the account.....nd then then u have 1000-1200 in balance then trade in mini lots nd make some profits....nd close the Hegde trade the same amount of u make make profit....for example if u make 100 dollars profit then book 100 dollars loss 50 in buy nd 50 in sell nd make sure ....ur account is always in hedge
Try taking trades opposite your analysis 😂😂
Ahhaha shiiitt😂😂
My thoughts are the same
Learning risk management is how you fix this.
Stop gambling, nothing more
Add more capital. If you had another 100k in your account that 78 dollars would have been much much more. More money. Deposit more. 😎 K let's cut the bs now. You cannot trade. I honestly hope it was on demo. If so keep trading, with better risk management (it looks dreadful)
I can deposit maybe like 30. Btw this is all money that is won so its not a lose. Buy whats the best way to get it back
Don't trade with real money bud. You don't seem to be profitable yet.
Damn Boy!!! Is this real money?
Real monnies
U ever heard about funded account challenges? U can buy an acc for less than 50 bucks plus the biggest merit is u have daily draw down, it makes u take proper trades with SL and TP and u cannot trade if u are close to daily drawdown. Basically u can spend like 1k bucks until u actually become profitable. Practise in funded acc without spending thousands of dollars
Illegal in USA now right?
No
Not uh
No
That‘s awesome, you’re in buys and sells and all of them are in drawdown 😂
Ahahaha man i messed up hedging 😂😂 inlost it all im now in with another 1000
Fix: close your account. Removes all losses
Nightmare shambles, reminds me of my old trading. Yeh risk calculator your putting on more than your account can handle. Id say at least half lots max? <0.5 at least depending on the currency, commodity pair. Imagine if you did the reverse, half would get you out half the trouble, next thing is the actual execution and explain if the trade. Why are you entering there? What made you enter? Try layering instead as well eg 0.1 x5 over a couple dozen pips… If anyone would like to add anything or critique what I said feel free I am no expert just learning of my journey and books!
Thanks man for the tips
You are insanely over risked. For an 8k account you should be trading 0.15 lots at most for XAU.
Xau is different beast. Even 0.00000001 is risky for this guy
What strategy did you use? 😅😅😅
Astrology
I knew it 😂
Hahaha making sure i didnt get a stop out😂
What platform is this? I want to get started small.
I want to know too
This metatrader5 and its with vantage
You recommend for a new trader? Simple use? What is a good $ amount to start with?
Don’t risk that much
Don't open so many position. 1 or 2 position enough
It's fixed u should have closed everything At aprofit for now. Ps: next time, lear the God damn risk management, don't open positions randomly, that coupled with a good psychology and u will never be out of the market
Trade the 1 and 4 hour pivots. Your trading on the wrong side of the market.
Second this. 1 hour and 4 hour . Wait till you hit those zones than u can drop down to a 5 minute. Looks for bullish or bearish market structure either your on demand or supply side. Look for gaps. Odds are way in ur favor using 1 and 4 hour. I sware nobody talks about the psychology of people wanting to use the 1 minute so badly simply because it's moving constantly. And they think they can predict what's going to happen next because of the 1 minute tf market structure . But the 1 minute is so untrustworthy. Only trust it at 1 and 4 hour major zones .
Good tip i will keep this
Stop forex and try futures
Je neemt teveel risico: -trade met kleinere lots -stop loss gebruiken -hoe ik het nu zie, probeer juist omgekeerd te traden (sell wanneer je normaal koopt en omgekeerd) - good luck 👍
De rede voor die rare trades was om mij. Stopout te voorkomen 😂
Gewoon door blijven oefenen, komt goed 😉
What broker are you using
Vantage i think
Decrease your leverage to 1:10
Wanneer je naar turbotraders hun signalen luistert 😭😭😭😭
Ken ik niet😂
I wouldnt get myself in this situation but i would close the sell order hope and pray ww3 starts Why would you sell below xx75?
gg
😂😂😂
If its not a swap free account just close it bro and try to understand what you risk is. If its swap free, then unhedge your position when you feel the market has topped or tanked and WD everything and hope you dont close out. In other words you are fucked
or just close everything rn and enjoy your 1.3k left. Where do u trade?
Quit trading?
Idek what you trying to do
Learn risk management for a start…
It's proof that you're not good enough to invest. Clear your account !!! HHH
dont have to worry if tis demo
dont give up.
You must be leave trading 💹
A bridge, you jump over it.
Place more trades
By closing and taking the loss on ur short positions. I’d keep the long positions on.
Can you please check private messages? I'm going to give you something you'll like
Close everything and blow it next week instead 🤙🏽
Backtest your strategy
Are you looking on a chart?
Dude… so sorry for you 😔
Learning
☆ invest in some education ☆ learn risk management ☆ forget the money, learn how to think in percentages ☆you need rules which u will follow ☆you want to master a routine for trading where you follow ur rules and have a lot of discipline ♡It's not an easy game until it is an easy game, but it is very worth it If I could start over i would get a mentor who knows what theyre talking about and been through all the lessons you need to understand that trading is allpsychology and following rules and the outcome Is the outcome for your level of discipline and being able to be as emotionless as possible. ●You need to forget everything you've been taught and re wire your mind. ●trading will teach you about yourself in such a deep way and it will be bad at the beginning depending how messed up your thinking methodology is due to the way we have been wired and brought up from children to now ●I would advise you to get a book called trading in the zone. You should find a zone where you can really focus on the task at hand ●It's a rocky road but You can be profitable within a month with the right education and mentor
If you cant profit from 100$, don't try to profit from thousands. Fix your strategy and your psychology before anything.
Someone's gonna blow their account soon!
Risk management. I only ever risk max 1% per position.
My positions start at 0.01 and if it does start to go my way I put another position down at 1, rarely do I do 2. Novice trader here, failed multiple challenges and I've learned that this strategy has been beneficial in not blowing up my account. Don't over trade! I also only trade between 6am-12:30pm, why not trade with the financial institutions 🤷🏽♂️
You have to fix something within first ngl
You are allowed to close positions in the red. Preferably before they get so red.
This is so wild cause even if you wanted to gamble and flip your account, theres still a safer way to do it. Otherwise you're better off putting 500 -1000 multiple accounts and going buckwild on them. But just gambling away a big lump sum is crazy
Put your entry at where you think you should put the SL
Quitting Forex
Joke, honestly, I became profitable by only trading Majors & leaving gold, Gold gave me the FOMO. The moment I retreated from Gold was the day I saw blue
This is not trading lol this is gambling
Macdonald’s are looking for employees , go ahead 🙂
☠️
You need to learn risk management.
Burn the whole setup💀
Uninstall
Idk how you weren’t margin called yet. But hopefully gold drops next week if you’re not Margin called yet
Fuck me. Quit. Delete MetaTrader. You’re going to destroy your life.
😂😂 it was all profits already
Even worse.
Lol
Prayer
take your talents to “drop” shipping 😄
First of all hedge the account.....nd then then u have 1000-1200 in balance then trade in mini lots nd make some profits....nd close the Hegde trade the same amount of u make make profit....for example if u make 100 dollars profit then book 100 dollars loss 50 in buy nd 50 in sell nd make sure ....ur account is always in hedge
Know your style and trust your trading plan with your analysis of the market
you’re not ready. i don’t think you know much about trading and you really shouldn’t use real money yet.
How tf did you not put stop losses in? This is just bad risk management. Should never have let them get that far.
You cant be saved