P/L Porn Happy meal trader

86 Upvotes

A few days back someone called me a happy meal trader and I’d like to say I think I really am
Luckily for me this happy meal trader makes profit

31 comments

r/Forex • u/TowelGlad4337 • 17h ago

Psychology Any help

20 Upvotes

50 comments

r/Forex • u/HourPositive3077 • 18h ago

Prop Firms Funding Pips changed news to red folder (restricted) on the same day. I suggest to stay away.

6 Upvotes

When I saw this couple hours ago I thought I made mistake but I knew something wasn't right. Decided to go through one star rating on trustpilot with "news" as key word and saw they did this to others.

Today they marked Governor Bailey speech as red in their calendar (btw I can't even see this on forex factory at all).

I heard of many shady stuff but this is wild.

Of course I breached the account🙃

Im surprised they have such high ratings. Idk about other accounts but I believe Zero Instant was created to fail you from the very beginning.

8 comments

r/Forex • u/jimdesu • 4h ago

Risk Management OANDA risk option math

2 Upvotes

Hey y'all! Veteran trader but new to OANDA (I'm back in Forex after a long absence). I took the position opening option with a set stop and a 3K amount at risk (seems neat -- VT Trader never had anything like that), and OANDA opened the position at 23,879 units (USD). I opened my position at 157.857 with a deep stop at 137.150. Doing the math, if (137.150/157.857)*x = 3000, I would have expected the position to be sized at (157.857/137.150)*3000 = 3452. Instead I see 23,879. Can any help my obviously flawed math skills here? I don't see how this gives me a 23K position size. What's the right way to do the math for this kind of position?

11 comments

r/Forex • u/ProcedureDeep7013 • 19h ago

Psychology Stop changing your rules after one bad trade

2 Upvotes

One loss can make a perfectly reasonable rule feel broken. Before changing anything, check whether the trade actually followed your plan. If it did, the loss may just be part of the strategy. If it didn’t, fix the execution instead of rewriting the setup. I find it more useful to review several similar trades together and look for a repeated problem before making a change. Otherwise, you can keep adjusting your rules around every recent result until there’s no consistent strategy left to test. How many trades do you review before deciding a rule needs to change?

7 comments

r/Forex • u/Vernomelon • 4h ago

Charts and Setups I sold

1 Upvotes

sold gbpusd. days to wait

1 comment

r/Forex • u/Embarrassed-Hunt-168 • 14h ago

Strategy Development What’s the longest time you e held onto a trade for?

1 Upvotes

Well long story short is that I made a bet, the market doesn’t seem to be heading in that direction but the trade hasn’t hit any SL yet. Then rn I’m just waiting until the market goes up again. It’s been a couple of weeks now and wanted to know how long anyone else has held onto a position?

16 comments

r/Forex • u/finance_student • 4h ago

START HERE Are you new here? Want to know where to start? Don't post until you read this!

0 Upvotes

Hello and welcome to The r/Forex Trading Community!

Please do not post a new thread until you have read through our WIKI/FAQ. It is highly likely that your questions are already answered there — our full knowledge base lives on Volatility.RED, and almost everything below links straight into it.

All members are expected to follow our sidebar rules. Some rules have a zero tolerance policy, so be sure to read through them to avoid being perma-banned without the ability to appeal. (Mobile users, click the info tab at the top of our subreddit to view the sidebar rules.)

Brand new to trading? Our Essential Forex Trading Guide covers the 6 core elements every trader needs — fundamentals, sentiment, technicals, price action, risk management, and psychology. Read it before posting.

Don't forget to join us in our live trading chatroom!

Finally, the most commonly posted questions by new members are already answered in full on Volatility.RED — please check these before starting a thread:

What is a good broker to use?

We have detailed, regularly updated broker info on our new trader resource wiki, Volatility.RED, with dedicated pages for every major region:

🇺🇸 USA — Vetted brokers + CFTC/NFA regulation info here
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What is the best prop / scouting firm for forex? We maintain a full, up-to-date writeup on forex prop / scouting firms over on our resource wiki.

What just happened in the markets? — You must follow an economic calendar if you're a currency trader. This will explain many events and snap market moves. You can find links to resources and calendars here. — Again, questions of this nature will be removed.

If you have any questions regarding our policies, rules, etc.. please message the mods.

Be friendly and professional toward each other and enjoy your stay! :)

1 comment

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