Prettywoman: ....Na waoh,we refuse to be distracted

pip love-vendor:



I bet you he didn't get it. He's probably on youtube/google right now trying to find out if 2face was really a forex guru.

seunowokade: Forex is good and wonderful for those who are a real trader like me... see my own today's trade only. I make money every day with 10% or 0% lost always...

InvertedHammer:

You are wrong bro!
I started trading fx with $20k.
Game plan: My intention is 5 x 10K lots per trade.

The 5 LOTS are divided into 0.5LOT giving me 10 positions.
Once I enter a trade, eg. Buy position based on my 4H or 8H analysis. I set the remaining 9 positions at a preset prices. It has never failed me. Worst case scenario I will break even. Hold time is 2-3 days only.

Eg. E
Spot Buy 0.5L @ 1.3050

Orders:
Buy 0.5 @ 1.30
Buy 0.5 @ 1.295
Buy 0.5 @ 1.2900
.
.
That is 50 pips order difference. Normally flush out/slippage I noted had been 200 pips on 4H/8H charts.
My goal is to capture those slips.All my orders may not be triggered. But it doesn't matter. Am in.

Limits:
Close @ 50 pips up till the last position.

Possible profit: 500 pips. OK with me.

When I get burned out, I close my platform or use trailing point. On good days, I will just turn into a pip sniper.
$1 here, $5 there. It all adds up. I snipe with full 1LOT x 10k size. Usually I throw down 1 or 2 bottles of beer to keep
my nerve under check especially during European hours (when the most action happens).

Not bragging, but am doing just fine with about $500 or less per day.

Most importantly my available margin is more than enough than any draw down for the hold period for the
5LOTs I usually have open. I don't see myself as a trader. I see myself as a guy who is out to hustle the brokers, u know like throwing format at the brokers. With this mindset, I have been able to stay afloat.

Treat it as business and you will be fine. The problem some people have is that when they walk around their
neighbourhood and see a Bentley or Range Rover, they will run to their platform with all that emotions to
hammer. In that process, they will lose big time.

Good luck to you all!

I have been trading since 2008! forex is real. If greed is any body:s problem then face it.use pending orders with higher time frames.Forex for LIFE!

pip love-vendor:


All well and good.. . .but we don't need screenshots. Attach your account to a tracking service so we can see past performance/growth.

phoebewal: hobby is something you do as past time, so to start with, forex is not a hobby, but serious business. It is not 'child's play' neither should it be confused with gambling or 'get-rich-quick' scheme. the problem with us trading in Nigeria is that we are always in a hurry to hit it big. Like any other investment, fx needs time. that's why u look at your profit in terms of years, not days or weeks or even months.

javipee: i wish i knew how to trade forex.

meshpips: Hidden buying has been happening on AUDNZD since around London session. I expect the mark up within the next few days.

Reference: So, so funny responses to Seun's affront. Such pent up fury. Folks, the degree of emotions displayed here does not give me any confidence whatsoever that you guys are truly on top of your game. In this game, emotion and distraction are two parts of the high tower you must scale. Pity.

meshpips: 94.54 looks like a good level to sell WTI crude intra-day. SL above 94.80

meshpips: @ naijababe, I think the short will be fine until around London close tomorrow. Enjoy your evening.

naijababe: Bought gold again, holding my long on oil and sold EJ.

Charts in the following order EJ, Gold & Oil

InvertedHammer:

Out of curiosity, is there a reason why you are entering a position at the end of New York session esp. Gold and Oil?

Wouldn't it have been better to wait till around Europe opening so that the market will lead you?

Sessions in Asia are seldom conformers to technical analysis.

naijababe:

Bros, i am a technical trader, i trade what i see o.

InvertedHammer:

Ok. Just an opinion to help you maximize profit.

I am sorry. Seems you took it the wrong way.

babypipsy: Hi guys, I am quite surprised that these troop led by "Major General" Seun would march into the territory of a group of peaceful, analytical minds trying to make a living. It is very unfair to cause such distractions at this point in time.
Where were you 13 Seasons ago when this all started? Is it now you realised that "Forex is a dangerous hobby"? You don't have to enforce your opinion on people(especially adults).


Seun, I think they really deserve an apology from you.

Dear fx traders, you don't have to prove to anyone the reality of what you do, no one is compelled to get involved.

God bless us all.

Toks2008:

That is where you guys will continue to fool yourselves. Why get involved in what you can't prove its worth. Even GOD who created us in his image always proves himself over and over again that he is GOD. This type of comment goes a long way to vindicate Seun.

Seun, get this straight. Fx trading is profitable but many Nigerian fx traders are noise makers and babies enmeshed in Forex hype.99% of Nigerian traders will not agree that they fail over and over again in this business due to GREED AND INDISCIPLINE as a result of manually trading the crazy market yet they will never show the world that the business is indeed profitable.

Seun, you know me quite well that i have been in this for years and if all the traders in this forum don't see any reason to prove you wrong THEN I WILL. Its not easy to develop a profitable method for this business but i thank GOD i have and when i finally start my automated trading i promise to send you the link and i hope in 12 months from now, you will have the humility to come render apologies to every trader on this forum but before then,you owe nobody any apology.

End of story.

scopusng: A proof that some of us are doing very well in forex.My signatory below is also a proof. Doubters should shut up

InvertedHammer: GUARANTEE:

Anyone fretting about Seun's comment is currently losing money in the market.

I know the nature of the beast which is why his comment was mere entertainment for me. I don't think anyone banking their pips will be as concerned with Seun's opinion as our people here have demonstrated.

Finally, TO MAKE MONEY NO EASY! forex ko, rexfo ni!

scopusng: A proof that some of us are doing very well in forex.My signatory below is also a proof. Doubters should shut up