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  • abhilasha

    •

    3 months

    i got into trading 6 months ago back in august, fast forward to now and.. i think i'm profitable at this point?

    i'm not completely sure, but i think i'm profitable the reason why i say this is because i think i've been getting better at predicting where the market will move to next ever since i learned wkyckoff methodology and have studied it, i've been trading eur/usd i make all my trades based on wkyckoff principles, and since i've started doing this, i've been pretty accurate on almost all of my predictions the times that my predictions are wrong, i'm able to adjust to the new information, get out of the trade, and trade in the opposite direction what's more is that i think i'm starting to figure out at what points i should place trades, so that if they do turn bad in the near moment, i'm not put at too bad of a disadvantage i also fixed up my risk management and stop loss placement, which has been a big problem i use a very wide stop with a negative risk to reward ratio this allows me to pretty much win nearly every trade that i put on the amount of profit per win is low though, about 0.15-0.40% of profit per trade simply making 5-10 of these trades in a week though is enough to get me to 1% for the week my target is 5% profit per month. at that level, i could pretty much just coast just keep increasing my trading balance and coasting as i make a 5% return a month it seems strange to think that i've "solved" trading in 6 months and that i may actually be profitable at this point but who knows, will just continue doing what i'm doing and see if things hold up
    4

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