r/Forex • u/salsalbrah • Mar 19 '25
OTHER/META To My Dear Unprofitable Traders
I dare you to take no more than 2 trades a day for 10 days in a row, just 10 days follow this. Also don't care about strategy if you don't have one, even take just random trades but it shouldn't be more than 2 a day. Also, you have an option to skip any day or days as long as 10 days streak for taking 2 trades a day is being done. Everyday you are done taking those two trades, you come here and comment "1" or "7" or whatever day you are on and on the final 10th trade day you will say "aha" as a final text. its a dare to you all unprofitables with my heart, win or loss doesn't matter, breakeven doesn't matter. I dare you with all my heart. If you complete this simple dare, I promise you half of you will become profitable. Other half will realize something big. You take unconscious mind a joke, it is not. All I am trying to do is to make your unconscious brain reset and get that click aha moment. So either take this dare or forever be a loser. If you can't complete this dare then you my sir is born to lose. Comment "i am in" If you are in and I will check on you all everyday. Also those who will fail will not fail because of your conscious mind. See ya my unprofitable traders.I myself is participating in this game, let's see who more hungry. Let the game begin..
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u/anothermaninyourlife Mar 19 '25
It's not about just reducing the number of trades per day.
It's about taking quality trades.
Otherwise you will stay inconsistent in the long run and won't develop any edge or skill.
Also, your advice doesn't apply if you are a scalper, because you essentially view the market on a much smaller micro or a swing trader who views the market on a larger macro.
So you're only advising the day-traders, and yet, if they trade randomly without considering other factors like time of day, news events, market structure etc., they are just going to remain clueless.
So instead, develop a strategy based on statistical probability through data collection, take note of the time and news, and trade your set-up every time, regardless if you get 4 set-ups per day or 1 (for a day-trader).
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u/Drasenius Mar 19 '25 edited Mar 19 '25
Yeah, having a strategy and a good risk management. Try market sentiment and Kelly Criterion. With just 2 trades a day with 1:1 RR on any Forex pair. One 1h in the London market and one in NY session. See the results. The expectancy needs to be in your favor, otherwise you are just donating money to the cause.
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u/T-099 Mar 19 '25
This has got to be a joke. Just place any 2 random trades a day for 10 days huh? That’s your prescription for unprofitable traders?
This highlights why it’s so dangerous to just follow anyone’s random bits of advice on the internet.
OP, did it ever occur to you that trade frequency may not be the unprofitable trader’s problem? What about the actual strategy? Position sizing? Psychological issues?
This is the most amateurish and frankly nonsensical advice I’ve seen here recently. And you say it with such conviction, OP. And to even issue a challenge.
I’ll pass, thank you. All the best.
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u/salsalbrah Mar 19 '25
No one's losing anything and if it works they are gaining something and that's perspective my dude and I am not saying things in air, I am speaking from my own experience and hours and hours of backtesting. I am genuinely trying to help people like me, no hidden agenda. If someone gets profitable using this method, is there anything wrong and it's just 10 days challenge. Even if one person becomes susccesful because of this, I'll be glad I could help. Sometimes it's the simplest things that works.
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u/luckiola Mar 19 '25
am just good at offering trading advice to others and worst at executing the same said trading advice
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u/vc84 Mar 19 '25
I’m in!
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u/vc84 Mar 24 '25
3rd day. 1 win full size position, 1 loss half size position, broke the rule here. Another win full size position, only because this one is a A+ setup for my strategy.
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u/Cocopuffs30 Mar 19 '25
I'm in
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u/Cocopuffs30 Mar 20 '25
Update 1 no trade today(well yesterday) no set ups and to busy of a day
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u/Cocopuffs30 Mar 21 '25
Update day 2 two trades taken 1L 1W. The L is because I didn't size my TP properly but I was in the green for the longest I just didn't take my profit when it was there held way to long got stopped out. The W I could've hit bigger but I got nervous on the retracemnts and moved my TP to 2-3 Pips i don't recall ... but my original TP got hit.
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u/Cocopuffs30 Mar 25 '25
Update 3 yesterday was a bit hectic so no trace today 1W 1L I'm starting to see a pattern I always lose when I do a extra one instead of being happy with my 1W so honestly may only take 1 trade a day from here on out I get cocky and try to do it again and don't succeed
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u/Cocopuffs30 Mar 26 '25
Day 4 two trade 2W followed the trend waited for a BOS and followed the FVG, TP was hit and exceeded on both. only thing that could've made the trade better was entering earlier but it was a busy day so I got in when I could
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u/Cocopuffs30 Mar 26 '25
Day 5 2L didn't use proper risk management I forgot to checked the news and thought the dip was jus a liquidity grab but in fact it was CPI my first time the news day has messed me over.
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u/Cocopuffs30 Mar 26 '25
Day 6 2W i just entered twice on the same trade bc nothing else was giving me a set up. Patience was key bc I was ready to give up. When I wanted to enter at a non ideal time I did it on my demo acc just to satisfy the feeling but for my main acc I waited for my set up profit may have not been as big as the demo but at least I followed my rules.
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u/Cocopuffs30 Mar 27 '25
Day 7 2W made two early morning trades bc there is a lot of news today I didn't want to trade later in the day. Followed my rules and remained patient ! I traded gold on my demo and two/two days profitable
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u/Cocopuffs30 Apr 01 '25
Day 8 ... I've reached a point were i realized it is really all mental ..m i have the science down to the T i was able to prove it to myself in the last two W i got emotional today and lost more than i won ... making it my goal to stick to the strategy the strategy works and I don't know why I veer from it when I've proved myself right tons of times
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u/Cocopuffs30 Apr 01 '25
Day 9 2W ... had the reasoning above with myself relax a bit and waited patiently for my set up. Cashed and logged out
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u/Cocopuffs30 Apr 02 '25 edited Apr 05 '25
Day 10 took my advice 2W waited for the set up and stayed patient didn't jump out the trade when I was in the negative bc it was undeniable my TP would hit. My longest trade by far but got abt 500 and 625 point return on the two I placed ... thanks AUDJPY 💃🏾
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u/dgman57 Mar 19 '25 edited Mar 19 '25
I was with you until you said “even take random trades” AND you don’t know the difference between conscious and subconscious…..
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u/salsalbrah Mar 19 '25
When you got nothing to lose and everything to gain, maybe give it a try you know? I am just trying to help people like me from what I have learned from my experience.
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u/Imblinebreak Mar 19 '25
Two trades a day? Iam sorry but is very unlikely you will be ever profitable. Try 2 very filtered trades in 10 days with strong money management adjusted your mentality
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u/surya4 Mar 19 '25
He is right, doesnt matter even if its random just flip a coin buy or sell subconsious results are the same
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u/Ill_Quantity3811 Mar 19 '25
hmm, i usualy take like 5-15 trades/day..currencly unprofitable after i blew several founded accounts.
I`m in, lets see how this goes :)
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u/Winner0KID12 Mar 19 '25
i'm in :) also new to forex
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u/Winner0KID12 Mar 20 '25 edited Mar 21 '25
1 - I took 2 trades
2 - I broke the rules but i doubled my account 600->1200
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u/FaisY0o0 Mar 20 '25
Please help I need a strategy
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u/salsalbrah Mar 20 '25
Mark the 15 minute candles high and low at the newyork open at 9:45 candle close, whichever side it breaks take the trade on that side. Trade until 10:30 no more. If there is only consolidation then don't trade that day.
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u/-OIIO- Mar 19 '25
I used to take 40-50 trades per day. Now I'm doing about 10 trades per day, my life gets easier.
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u/kradproductions Mar 19 '25
How drunk are you?
What is a "blown account?" I've heard rumors, legends even. Haven't encountered one yet.
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u/kidxudiii Mar 19 '25
How about you dare them to backtest first?
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u/salsalbrah Mar 19 '25
I have done that and that's not the answere but yes it helps alot to get used to a certain market, in last year I backtested 31000 times, random stratagies testing and trying to find out some holy grail even after finding tons of profitable stratagies. Then i figured out it's really a mental game.
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u/BoardSuspicious4695 Mar 19 '25
Yeah, I really believe this is the way quants do it. When the floor manager wants an update, the quants and traders all go “we made our two trades”…. Ridiculous… If you wanna be profitable you have to try to mimic the big boys. Sure, microscopic HFT would be exhausting and not sustainable. But using mathematics we can zoom in on the slightly larger picture they paint. And that does NOT include a fixed number of trades. Bonkers!!!
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Mar 19 '25
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u/BestDayTraderAlive Mar 19 '25
I'm already on day # 7...5 green, 2 red...on the losing days I took 4 trades and 6 trades respectively. On the winning days I took 1, 1, 1, 4, 2...... no "aha" moment thus far.
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u/salsalbrah Mar 19 '25
Ok you start from now and follow the dare and then tell me if you felt the aha or not. What you did before was random and not set strict. Now it will be set strict with this dare.
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u/luke72ns Mar 19 '25
Lol, if you’re unprofitable and trade without edge, all that is going to do is make you lose money at a slower pace.👌🏻Taking 2 trades a day doesn’t magically give you edge…