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Jenny Wasamu

@maasai_princess Last seen: 1 day ago Trading for 1 year now and loving it!!
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Welcome to the community
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For me I dont like to categorize indicators into leading/lagging. An indicator is just someone putting his thoughts into a formula. The best indicators for me are the ones that just show me a line which i use as support and resistance. I dont like indicators that give me a number such as Fibonnaci, RSi etc.
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I call it "empty nesting" sitting and watching over a trade that is dying
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I agree we women are more patient with lower levels of testosterone
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Any day I wake up feeling very confident, that is always the day I lose money and revenge trading shows its face
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CMC Markets is a good broker but they don't support Nigerian bank payment method
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But dont you think trading live may kill his confidence? Ignorance is bliss LOL
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Can I trade it with $10?
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But why is EUR/USD behaving like this lately? It hardly trends in one direction again
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Why should he stop? It depends on the instrument he is trading, major fx pairs require as little as $1 margin to open a trade with 1:1000 leverage brokers.
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I like this thread because it encourages us to be realistic. Beginners should learn to start small, trade just for your basic necessities, then after a couple of years you can upgrade.
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Ego will make you refuse to close a losing trade cos it will mean you accepting defeat, you will then end up taking a huge loss. I watched a YT video of traders taking losses and I noticed they were live streaming and because they didnt want their followers to see them take a small loss, they refused to close losing trades and ended up taking bigger losses reaching $500k
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Can you guys explain how this thing is traded so others can learn?
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This website already has an economic calendar, no need to screenshot one from forex factory
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Good but I wont have the time to do all these calculations
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@yokoyi your chart color choices are beautiful, especially the sky blue and yellow combo
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Prop firms rely on losing traders to come back and buy a challenge, very soon people are going to figure out that its a glorified ponzi scheme and prop firms will die a natural death.
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A journal doesn't necessarily have to be written words, it can be images of charts
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Because the price is going down here and you said we should buy, so what if this is actually the start of a down trend ? If we buy the price might keep going down
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but what if you buy and then the price keeps going down? I am referring to your image with the black background where you said uptrend- buy at higher low
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