UNIJOS MTL COMMUNITY

I
@ireoluwa001 - 7 hours ago

Key numbers to check:

- Win Rate : % of trades that were profitable

- Profit Factor : Total profit ÷ Total loss. >1.5 is solid

- Max Drawdown : Biggest drop from peak. Can you handle it mentally?

- Avg Win vs Avg Loss : Are your winners bigger than losers?

Important note:

Past results don't guarantee future results. Markets change.

After backtesting, traders do forward testing = paper trade it live for 1-2 months.

In one sentence:

Backtesting answers: "If I used this strategy for the last 500 trades, would I be profitable?"

I
@ireoluwa001 - 7 hours ago

Pisces ♓️

S
@sportfx001 - 7 hours ago

Common "BUY" signals:

1. With the Trend : Price is making higher highs + higher lows. Buy on pullbacks to support

2. Breakouts: Price breaks above resistance with high volume → buy the breakout

3. Reversal: Price hits major support + shows bullish candle pattern → buy the bounce

4. Indicators: 50MA crosses above 200MA, RSI comes out of oversold, MACD crosses up

S
@sportfx001 - 7 hours ago

Am I right ?

B
@biggest01 - 7 hours ago
Quoted - pisces03

1.What should you look for before entering a trade?

2.When should you buy or sell?

3.What is a trading strategy?

4.What is backtesting?

5.What should you look for before entering a trade?

1. What should you look for before entering a trade?

Think of it like a pilot’s pre-flight checklist. If one thing is missing, you don’t take off ✈️

Here’s the 5 things pros check every time:

1. The Setup: Do you have a real reason?

Don’t trade on vibes. You need confluence 2-3 things lining up.

Examples:

- Technical: Price at support/resistance, breakout, trendline touch, MA cross

- Fundamental: News, earnings, Fed announcement

- Rule: If you can’t explain "why" in 1 sentence, skip it

2. Market Context & Trend

- Higher timeframe: Is 4H/1D trending up, down, or sideways? Trade with that trend

- Volatility : Is the market too wild? Big news in 15min? Wait.

- Liquidity : Can you get in and out easily without big slippage?

3. Risk to Reward

Decide this BEFORE you enter:

- Stop Loss : Where are you wrong? This is your "uncle point"

- Take Profit : Where are you right?

- R:R Ratio : Aim for minimum 1:2. Risk ₦1,000 to make ₦2,000. If R:R is 1:0.5, don’t take it

4. Risk Management

- Position Size : Only risk 1-2% of your account per trade

Ex: ₦200,000 account = max ₦2,000 - ₦4,000 risk

- Max trades per day: Prevents overtrading

- No all-in: Never risk money you can’t afford to lose

5. Your Mindset

- Revenge trading? After a loss? → Don’t trade

- FOMO? Chasing a pump? → Don’t trade

- Tired/stressed? → Don’t trade

B
@biggest01 - 7 hours ago

Omo Shey I never too explain ?

B
@biggest01 - 7 hours ago

Coach wavey, com and see. Am I right ?

B
@biggyjnr001 - 7 hours ago
Quoted - pisces03

1.What should you look for before entering a trade?

2.When should you buy or sell?

3.What is a trading strategy?

4.What is backtesting?

5.What should you look for before entering a trade?

5. What should you look for before entering a trade?

This is your "don't blow up the account" checklist. Pros run through this before every single trade.

The 5-Point Pre-Trade Checklist:

1. The Setup

Do you have a real reason to trade, not just FOMO?

Look for confluence: 2-3 things agreeing.

Ex: Price at support + Bullish candle + Trend is up = better than just 1 signal

2. Trend & Market Context

- Higher timeframe : Is 1H/4H/1D trending up, down, or sideways? Trade with it

- News/Events : Anything major in the next 30min? CPI, earnings, Fed news can wreck a trade

- Volatility : Is price moving too fast and choppy? Sometimes best trade = no trade

3. Risk vs Reward Math

Set this BEFORE you click buy/sell:

- Stop Loss : Where is your trade idea invalid?

- Take Profit: Where will you take money off?

- R:R: Aim for 1:2 minimum. Risk $100 to potentially make $200. Bad R:R = skip

4. Risk Management

- Position size : Risk only 1-2% of your account per trade

Ex: $1,000 account → max $10-$20 risk per trade

- Daily loss limit: Hit -3% today? Stop trading

5. Your Psychology

- Am I revenge trading after a loss?

- Am I tired, distracted, or emotional?

- Can I walk away if this trade loses?

B
@biggyjnr001 - 7 hours ago

Good evening 🌇

B
@biggyjnr001 - 7 hours ago

Where nitenz de? Come see epistle wey I just release o

J
@josssyfx - 6 hours ago

Evening guys

J
@josssyfx - 6 hours ago

How’s the trading life going ?

J
@josssyfx - 6 hours ago

I love trading

I
@ireoluwafx - 6 hours ago

Coach wavey let’s go trade 😂

I
@ireoluwafx - 6 hours ago

Hi everyone 🏆

I
@ireoluwafx - 6 hours ago

Trading 💴

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