I was doing a little research on risk to reward and I just found out that the lower ur risk to reward, the higher ur win rate, a 90% win rate is possible if you are risking $9 to make $1, go and backtest this for yourself, the trade above is a $5 to $1 inverse risk to reward trade, entry based of the moving average and bullish engulfing
XAU/USD (GOLD) IS AT 2759 NOW AS AT 2:20PM NIGERAIN TIME THIS MONDAY 27TH JANUAARY 2025, THERE WAS AN LONG MOVE IN THE EARILIER PERIOD TODAY BUT MARKET IS RETRACING FOR A SELL AND SO I HAVE ENTERED A SELL POSITION. PRICE WILL GET TO 2754.

THAT IS MY POSITION AND SO I EXPECT A SELL CONTINUATION ON THIS 15′ CHART OG GOLD.
Final Decision on the Winner of Round 2 – 13.01-20.01 2025.
Idris Sagamu – 2882.59 $ Profit
Edikan Matthew- 2.537.57 $
This was a tight race after all 😀
I would like to Congratulate Idris first, and to remind everyone not to start trading before the Starting Date of the Challenge next time.
Round 3 starts at 27th January
I wanted to bring up a concern regarding the trading competition. As you know, I’ve shared all my trades openly in this group, aligning with the purpose of sharing knowledge and insights to benefit everyone.
However, I noticed that Idris has reportedly made $3,500 without posting the majority of his trades (over 70%) in the group. This lack of transparency raises questions about fairness in the competition.
Since the group’s objective is to collectively learn and profit from shared experiences, it seems counterintuitive to allow private trading without disclosure.
I hope the administrators can address this issue to ensure the competition remains fair and transparent for all participants.
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