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Turtle trader is the true story of 23 novice trader becoming literal overnight millionaires this story is absolute proof anyone can learn to invest and make big money

The Turtle traders were group of 23 people trained by Famous traders Richard Dennis and William Echhaidt in 1983 to prove that anyone can learn to trade successfully.

The turtle traders were a group of novice who were trained by Richard Dennis in the early 1980s with his partner Williams Eckhardt.

What i learnt from the experiment was that disciplined adherence to well designed trading system could outperform emotional decision making.

On today's class I learned about market analysis abd under market analysis I learned that the two types of market analysis which are

Fundamental analysis and technical analysis

Under fundamental analysis it has to do with news and events of what's happening In different countries

Such as conflicts, unemployment, inflations and interest rates

All this can affect trading positively or negatively depending on what's happening

Then on technical analysis it has do with candles

Which we have ‎Bearish and engulfing  the red is taller than the green you sell

‎

‎Bulish engulfing the green is taller than the red you buy

I learnt how to mark out the Asian session

Sir I trade on Bitcoin this evening after observing the trade and I discovered bullish I buy

Nice one, basically the bullish engulfing pattern is a buy signal

I have blown my account again 😭 😭 😭 😭

Just be taking one trade per day

I take a look at this trade this morning

I wanted to transfer $2 to my C trader but

I mistaken transfer it to my pro trader and I use it to trade on EURUSD from where I buy to this point the profit is just $2

Why is it like this

EUR/USD does not have the same pip value as BTC/USD which you traded before. EUR/USD pip value is lower than that of bitcoin, thats why. When trading EUR/USD with a small lot size like 0.01, don't expect too much volatility or profit at once.

I took the same EUR/USD buy trade as you did this morning, my lot size was bigger that's why I made a bigger profit.

Never Take A Loss You Cannot Recover From

We must learn to accept small losses early before they grow big. Never take a loss you know you cannot recover from on a normal trading day. Always trade a lot size that is commensurate to your account balance.

We must also learn not to over-trade, only trade for one hour and then stop, if you make a profit within that time, fine. If you make a loss, accept it and don't fight the market. It never ends well, even for the experts.

Bearish Engulfing pattern on GOLD

These are the trade I look today the big mistake I make on this trade was that I didn't set my stop loss 😞 😞 that's where the loss come out from, but my happiness is that with the small $5 I had in my account has make $22 profit for me am super excited about this I really appreciate my mentor mr Okoi ofem and the organization that organized this trading opportunities for the African people

God bless you all

Nice one! see you tomorrow at the seminar!

Wow , that's good 😊 👍

I was able to make profit on buying eurusd today after a long wait

Nice work

I also bought EUR/USD towards the end of the Asian session and held till the London FIX