12ema's Posts
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hugelyendowed:He did not buy it, he leased it. Cars like that are leased in the west and europe. You lease until a new version comes out and lease again. cheaper than paying outright for a new car. |
He did not buy it, he leased it. Cars like that are leased in the west. You lease until a new version comes out and lease again. cheaper that paying outright for a car. |
emmatok:Lol. .. . . ![]() |
ROSSIKE:There you go again with the insults. Things are not that bad na. why the misplaced aggression. It'll get better i promise. |
ROSSIKE:Haba why the aggression na? but he does look like thug, light skinned or not. Just so you know insults are sign of poor argumentative skills, low self esteem and poor communication skills. |
LRNZH:Thanks. I got that wrong. But give an instance in Nigeria. Coup doesn't count. I'm waiting. |
It would have been better if they had said "we are prepared to defend Nigeria's democracy and your collective freedom". |
Is it just me; doesn't he look like a thug? |
I really don't understand why everyone is fussing over this election. It is a given that Jonathan will win. Think about it; when has an incumbent not re-elected? Even in America incumbents always win. And why is it that it is either Buhari or Atiku that are always the rival opponents to an incumbent? It is a conspiracy i tell you. They are playing with you all. Buhari knows he will lose. I seriously believe it is and has always been a ploy by the politicos to paint a picture of some sort of fair election when we all Know Nigeria has a one party system. |
dytbabe:Yesterday i felt so homesick. I know how fun xmas can be in Naija. The food, people around you, music, setting of bangers (fireworks) etc. In the States and Europe xmas sucks. Everywhere is always like a ghost town. No fun. BUT, that being said, after seeing these picture you posted, i quickly snap back to reality and pinch myself to remind me of why i got the hell out of Nigeria. Holy crap!! I can't remember the last time i saw filth like that. The things we take for granted. Thanks for the pictures and keeping me focused. Jesus!! |
Truth be told; in a time of war, any soldier who disobeys a direct order is put to death. Not just in Nigeria, everywhere. It is not new. The logic is if they get away with it, others will do same. If others do same who will fight for you? You can't pick and choose which orders to follow. As long as the order is direct, ethical and moral then it is a lawful order. And in this case it is. |
There are some seriously woowoo people on this red carpet. |
cramjones:With what? military dictator tactics? You can't censor the press nor start arresting people randomly. I think it is better he does not become president if this is the plan. It is better to teach your children the right way and don't patronize them. If you don't patronize celebrities they die out. Simple as that. |
Cul4real:Check out the video. I think he's using the same system i use. fast forward to 4:46, and you will notice he lost almost 10 trades in a row for a total of $4500. But in trades 436 and 437 he bounced back with 350 pips and 150 respectively. With two trades, he made up for ten losses. Think about that. https://www.youtube.com/watch?v=Ib0rsJ6Rr98 |
Cul4real:I never project a TP. Price lets me know what it wants to give me and i take it without complaints. I risk only 5% of my account as exposure. I always project my SL though. SL projection is more important that TP projection. The name of the game is survival. Survive and you will grow. The only way to Survive is to to risk a small percentage per trade and having patience. |
Cul4real:Not advisable. Expectant TP should always be more than SL using no more that 5% of account. At least 2:1 |
EmmanuelD1st:It's all in page 220. Goodluck. |
See why trend trading makes sense. I am just waiting for the problem days to come. 4 home runs in a row is rare. One after every five losses, yes, but not back to back. The beauty is you do not have to stay glued to your screen, no need for excessive calculations, just point and shoot and just check it once a day too. Perfect for working dads like me. ![]() https://www.youtube.com/watch?v=U0k0wrKuDGU
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omejeo:Glad to help, but, as you are winning now; please be prepared for the storm when it comes. If you can weather the storm you will always be a winner. Never be too happy when price is going your way. Trading is a long term thing. That is the only way to keep your emotions in check. |
For newbies; Hypothetical Account balance: $1000.00 Win %: 30% Worst Case scenario. Risk Per Trade: 5% Average pip stop loss: 80 TRADES; Loss/win; Dollar Equivallant 1 Lose; $50 2 Lose; $47 3 Lose; $45 4 Lose; $42 5 Lose; $40 6 Win; $125 7 Win; $200 8 Win; $180 9 Lose; $64 10 Lose; $60 Loss Total $348 Win Total $505 From the scenario we lost more than we won but still made a small profit. I am being very very conservative. The dollar wins would ordinarily be more like 3 to 600 dollars for wins in a trend following system, but this is a worse case scenario. If you notice, when we started winning, our dollar amount for stop loss went up to $64. (The stop loss is still 80 pips though). This is due to the percentage risk per trade which is 5% of our account. But when we lost, the dollar amount reduced to $60. In effect, when we win we bet more and when we lose we bet less but keep our risk percentage constant. With this there is no way you will blow your account. Imagine trading like this non stop for 4 years, you will be a millionaire in no time. |
A smart trader never calculates how much he might make on a trade; he thinks first of how much he might lose. Profit potential is secondary, lose mitigation is primary. |
omejeo:I am going to respond the same way my mentor responded to me when i asked him first time. I will push you in the right direction. Google 1hr vegas tunnel trading. The settings for the ema's are there. I don't tunnel trade though. Then, when you get the settings, google "turtle rules". It is a breakdown of an experiment by Richard Dennis and Bill Eckhardt. Richard and Bill are very very very successful traders and in the 80's one made a bet with the other that trading cannot be taught; you either had the genes for it or you don't. It is said that the movie trading places by Eddie murphy was based on this experiment. They put up an ad in the papers and interviewed hundreds of people and eventually settled for 14 people to train. They called the would-be traders the "original turtles". After 2 weeks of training, they armed them with 1 million each and let them loose on the market. They used a simple 20 and 55 day trend following strategy created by a friend of theirs, Richard Donchian. They turned the 1 million each to a combined 117 million dollars in 4 years. Of course not all the 14 traders completed the programme. Even with a winning strategy, some got fired because they refused to follow the rules and where losing money. They claimed that Bill and Richard did not show them the complete system, which of course they did; Donchian trading has about a 70% losing streak than winners but the winners envelope the losers once you catch a trend. Read the pdf, it will most likely change your outlook on trading. After the experiment Bill and Richard concluded that even if you gave most traders a map of how to trade 95 percent would still not follow it, refering to the one's that got fired. Only 5 percent will ever make it as traders. |
Ed Seykota held a seminar once. All the who's who of trading booked a seat for the event. They all wanted to hear what this legend whom many considered one of the greatest trader of his time had to say. At the seminar numerous questions were thrown at him. People wanted to know what his opinion on oil, gold, wheat, silver, and many other commodities was and where he thought their prices would be in the future. One participant asked him what he thought of gold and his answer was "hmmm, it's very beautiful and shinny". They were all confused. Another asked him his opinion on wheat and he replied that he didn't know much about it but he was sure it was a major ingredient in bread. The participants were beginning to get frustrated and angry because it seemed that the seminar was a waste of time. unknown to them Ed was teaching them a very valuable lesson in trading. Midway into the Seminar he broke it down for them. He said he didn't care what instrument he was trading. He didn't care about the news relating to the instrument. He didn't even care about where price was going or when it was going there. All he cared about was the current price on his chart and how he would follow it and jump on a trend. Needless to say many did not get the message. I don't know about you, but i'd take the advise of a guy who turned 5k into fifty million in twelve years. |
For newbies. This thread is too painful to watch/follow. Price should never be forecasted; we are slaves to it's whims. When you follow it with good money management, a solid long term view sprinkled with an overabundance of patience you will be a millionaire in no time. Attached is snippet of how to follow price using simple 'ole moving averages. It's not fun or sexy; in fact it can be quite frustrating sometimes but you will save yourself a lot of headache and numerous blown accounts. We'd all like to claim "the first trader to crack the forex code" but the sad truth is it cannot be cracked. I see myself as a s.tupid trader. Price will say "hey s.tupid, follow me" and i go "yes sir". Lo and behold before we even move a little; it tells me again "you know what s.tupid? i change my mind, i wanna go this way now" and i still say "yes sir" till it gets to it's destination and gives me what i need. Enjoy. ![]()
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It's the united states of America's fault. They are the reason everything is so bad in Nigeria ![]() |
It's the U.S. fault. |
FOR THE NEWBIES. Trading is not that complicated but we make it complicated. Believing you can make millions in a short space of time is a recipe for disaster. Also, the need to try and prove that you know price or you have somehow figured out the market will only put you in a world of hurt. A lot of traders don't just understand that simply following price will make you rich in the long run. A simple strategy of a 50 and 100 simple moving average cross over, using no more that 5 percent of your capital, will make you unbelievable profits if done consistently over a long period of time. Act like you are a slave and price is the master. If it says it's going up you follow it up; if it says it's going down, you follow it down. It it says "you know what? i'm going to range around for one week and not go anywhere, you range with it until it decides to go wherever it want's to go. I have this buddy trader who is in a league of his own. He trend trades. One time he did like 10 trades with multiple contracts and all where losses. Each loss was about $1300. Guess what, eventually he hit a "HOME RUN". (google home run in trend trading to know what it means). The home run covered his losses and then some. One good trend will pay for all your losses. I will leave you with a song by Ed Seykota, one of the greatest trend traders of all time. I hope you understand the message. https://www.youtube.com/watch?v=LiE1VgWdcQM |
A lot of Soldiers in the US military hate Obama, who is the commander in chief. They believe he has destroyed the military institution. They normally term the military under him as "obama's military" and not the "US military". But, that being said. . .ain't nobody can make US soldiers do what the Nigerian soldiers did. Nigeria has deep freaking problems and they are blaming someone else for it. |
PassingShot:I was only trying to point out "post etique". you don't have to bold and enlarge your comments. It's amazing that i have to explain this. |
dabossman:you and i know that it is not isolated to that stadium alone. I want you to go out this morning and tell me the streets are not littered. Did apc hold an event on the streets too? |

