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Trusttheprocess

#043 Trust The Process JP225USD Buy 1112SGT 04032025Made some adjustments. Instead of going for 1.5R SL to 1R TP, now I am going for 1.5R SL to 2R loss. Reason, I did an egg count and realised that more often than not, price that went in my favour in my opposite is true account overshot to 2R or more. So, I am leaving alot on the table. I am currently sitting on +1.5R profits(closed) over 20 trades in my opposite is true account. I am thinking to myself, if I were to take 2R instead of 1R, with my existing winrate of 8 losses and 12 wins 60%. I would have an additional 12R isn't it? I'm not sure, but I'm thinking that it should be as so. If my winrate is the same at 12 wins over 8 losses, cos I am just adding the additional R to my wins. Not sure. 1108SGT 04032025
OANDA:JP225USDLong
by goh8888lester
#040 Trust The Process SG30SGD Sell 1315SGT 28022025Selling. I randomly opened the 60SMA on my screen's indicator list because it said that the indicator needs updating. Yesterday night, I saw that price would go opposite to the 60SMA(when it's choppy. But I do not purposely try to make things work the same on every trade. I just see it, and take it.) Price is in an overall up trend. Price just rebounded from the overall up trend, and now is coming back down slightly. Idc. Don't think so much. You can't outrun them. The are the ones making the rules, and the ones shifting the goal post, and the ones dictating where the price would go to. How much over time to allocate to the match, etc. You can't win them. You can only join them. Not think that your ideas or setups or whatever would work or have to work. If you think that way you would put immense stress on yourself. Not worth it. 1320SGT 28022025 Of course though, if your ideas come out in the green in the long run, or short run, it does give a oh yeah feeling that feels good af. 1321SGT 28022025
OANDA:SG30SGDShort
by goh8888lester
#030 Trust The Process SG30SGD Sell 0359SGT 26022025Unable to take SG30SGD on Oanda demo account with the leverage at 20:1. Besides that, the position is 34 lots per position I think. No idea how they could it. I could be wrong. I am using 100k demo account. Maybe with that kind of leverage, i could only take trades on higher time frame with bigger SL. Besides, I am only risking 1% per trade on Oanda demo account. So, this is the limitation of Oanda demo account. No broker is perfect. They are after all business people who wants to earn your money. If you keep trading on demo account with reasonably sized leverage, and you keep losing on it, what are the odds that you would want to trade with their real money account? With the small leverage allowed, you get pissed off and start trading the real money account in order to trade with more leverage, and other reassons such as you being pissed that you are limited in the amount of trades you could take on their demo account, etc. Just my personal observation and thoughts. Traders don't trade rationally, and lose most of the time, and most traders lose money, and most traders hope their next trading strategy would work out. So, what are the odds that traders who are desperate to make money while making bad trading decisions would make good decisions to continue trading with demo account instead of trading with multiple demo accounts? I know cos I was once reckless like that. 0406SGT 26022025 Add : Price broke out of the major uptrend trend line, so, I am selling. Price has been making consistent lower low lower highs as seen in the current wave, so, I am selling with the trend. Key phrase, With the trend. 0407SGT 26022025
OANDA:SG30SGDShort
by goh8888lester
#039 Trust The Process 1206SGT 28022025Buying HK33HKD. Price on the higher time frame is on a strong uptrend, and I am buying at the support level of support on the 3 minutes time frame. This setup is spotted on the 3 MInutes Time Frame but tradingview require 15 Minutes Time Frame minimum to post ideas, so I zoomed out. 1208SGT 28022025 Add : Unable to do opposite is true on Oanda MT4 account. I think the leverage of 20:1 max is too small, the margin available doesn't allow the position to be opened. Too bad. 1216SGT 28022025
OANDA:HK33HKDLong
by goh8888lester
#015 Trust The Process SG30SGD Buy 1127SGT 24022025Buying at the rebound of the major trendline. Currently, my PNL is at -9.66R floating plus confirmed and exited orders. Let's go. Shall come back later. --- Consistency. What if I randomly took buy and sell positions? Would I still be able to be a consistent loser? While waiting for orders to come in at 1am just now(I work as a food delivery rider), I was thinking about my soccer betting stint. My father and I we were betting on our own accounts, and we both encountered similar situations. Using our own strategies, we both found short term consecutive successes which ended up being losers where we lost everything in our account. I even recorded the bets I took, and some key stats like odds, winrate between the home and away team, and both teams previous track records. Here's the key thing that I am thinking about that is related to my trading question above. Since soccer betting has different elements from trading. 1 - 3 way bets 2 - Unfavourable RRR Could I, find a way to balance the elements to be more like trading?(For another time, I think I know what I could do. But, we have to first figure out about how to be a consistent loser, first, while randomly taking buy and sell positions.) Assuming that trading is a 50 50 game(which my past 9 years plus of trading data suggests otherwise), then, if I were to take trades randomly, I would eventually reach 50 50 winrate, assuming I have taken into account the spread and commission. Currently, I am taking trades with good intentions. Good intentions means, taking trades in the direction of the trend, and if price is in a range, I take positions at key S&R levels where price previously turned at. What if I threw it all to the wind? Even winds have patterns. So, is it truly random? Are my buys and sells truly random? Or is it who I am that is causing a pattern to form, that helped me be consistently losing, regardless of the randomness I thought I am bringing to the table? Now, what If i remove myself and input a true random number generator? Too much thoughts. As of now, I know I am consistently losing. Now I learn to embrace it and use it in my favour in 2025. Navin from Urban Forex says, "Do you want to be right, or do you want to make money?" Currently, I am stuck at the level of having to mind-F myself into believing that my intentions are good and beneficial, in order for me to take the correct trades that would cause me to lose money consistently in the long run so that I could take the opposite is true trades on my money making accounts which I must not let my immune system know, exists because if my immune system knows the eyes exists aka the real money making account, then, I would begin to self sabotage. But, what if I let the immune system believe that the eyes has always been around(which is true) and that the immune system has gotten a concussion and forgotten past memories such as the eyes existing, which, I mean, would be me taking "random" trades since I would lose in the end, and then, taking the opposing positions on my real money making account? 1155SGT 24022025 Anyway, I am losing money now consistently, losing half the account already, now I am sitting on 50k capital or so, from my initial 100k capital. I risk 5k per trade, so, now my realised plus unrealised PNL sits at -10R, so all is good. Don't think of techniques, those are bullshit meant to trap you. And youtubers use those fanciful, beautiful, colourful techniques, asking you to balance on a tight rope while walking in the air between two cliffs which if you fall off from, would spell D_E_A_D. And guess what? Most people fall off that tight rope act. And most of them die. What you want to do is to prepare a parachute, which would catch you when you fall. And with this backup, you could be 放肆(fang4 si4), reckless, wanton, with, because you know you will fall, that's why you dare to do such ridiculous acts on the tight rope. If falling is your intention and you have to fall in order to escape, then, get yourself a parachute(real real money making account on the side. Eyes, without letting the immune system aka body know, exists.), and start behaving crazily, because falling is the only way for you to be successful and escape. 1204SGT 24022025
OANDA:SG30SGDLong
by goh8888lester
#018 Trust The Process GBPCAD Sell 1348SGT 24022025Selling. Price in a mid term up channel and price is at the top range of the channel, so I am selling, banking in to the selling pressure in the channel. I think I need to take a few more pairs. I took too little pairs last week because my account has depleted severely and I didn't think of making a new account. Now I done it, I need to pee, eat and continue taking more positions, so I could reach my 100 trades asap. 1350SGT 24022025 ASAP - XXX As Slow As Possible XXX
Short
by goh8888lester