dowjones:



Avoid accounts with a drawdown less than 50%. in layman terms, drawdown is the reduction of an account's balance after a series of losses. In other words, 50% was the lowest the account's equity dropped to in its lifetime.

9japrof:
following, wamiikechukwu ma boss I can see you, your boy dey loyal to your interim government...

wamiikechukwu:


@bolded, you mean that investors should look at an account with draw down higher than 50% (i believe that's a mistake from your sentence structure)


about the risk part, am guilty and am sure 80% of retail forex traders are too.

i once use a leverage of 1:1000 and lot of 0.75. i tot i was invincible till the market humble me.... so. an back to 1:400 lot size of 0.01, i think i will increase to 1:500.

what's your take on Tickmill

xdos:
Hello Dow... there was an Alpari advert on tv and that caught my interest. But from your post, it sounds like it isnt safe using Alpari. They called me and made promises. Said even if I dont have time, they got professionals who could handle it for me.

Please throw more light. I am interested in FOREX.

dowjones:


Since Alpari declared bankruptcy and the FCA UK took over, Alpari has been blacklisted.

Although they still fraudulently claim they are FCA regulated. thats a lie from hell (Red Flag #1)

Here's an annoucement from FCA declaring Alpari bankrupt https://www.fca.org.uk/news/statements/news-customers-alpari-uk-limited

Now you see why the regulator is the most important thing. FCA made sure most of Alpari's 100,000+ clients got their money back and they are still paying. Imagine if this happened in cyprus?

Alpari is more or less a technology provider (like blackberry). Any office you see Alpari claiming as a "branch" is just an independent business man using their brand name.

Russia, Ukraine, Belarus, Kazakhstan, Uzbekistan, Moldova, Georgia, Mauritus, Belize, St Vincent and the great NIGERIA

Look at the 11 countries Alpari is operating from? Does this raise raise a red flag already ?

Now, to make it worse, All these countries do not operate with supervision from Alpari. They run independently. If you think i'm playing, go to the Alpari global website and act like you have a complaint about withdrawal. They will tell you point blank you should sort it out with the Nigerian office.

Now imagine Nigerians with your money with no regulation to put them on check.

I have a couple of things to say about the Nigerian office. but to avoid a long post. i will stop here

DO NOT USE ALPARI.or use them with chicken change.

wamiikechukwu:
i once used alpari, b4 i left them they were using the 4 digit and my mentor told me that any broker that uses 4 digit now is a scam broker.

plus they gave me headache.

Donharrie:
@OP

you have good write ups and info but shading another's name with the aim of sharing an info is very unwise and made me loose interest in all your good normal articles we can find anywhere.

You called sandile shezi an idiot, when did earning commissions become an offence?

Please wise up and let us know your motive for all this randomised normal articles you picked up on net.

You deserved to be permanently banned for shading others unjustly.

xdos:
Kindly explain what 4 digit is

xdos:
Kindly explain what 4 digit is

dowjones:


If you are offended get off my thread. do i strike you as someone who aims to please anyone.

Sandile claims he made his millions TRADING FOREX and DROPPING OUT OF SCHOOL AND USING HIS SCHOOL FEES AS CAPITAL.

then further makes people believe they can learn forex by mild training.

This is a case of false advertisement. this is the reason many people have been burnt. because they have been promised heaven on earth. I used sandile because i have strong affiliations to south africa and he can be easily watched on youtube.

i am summarizing my knowledge, if i should list the scammers you might blow up then.

his wealth is only mythical. his claim to be the youngest millionaire in south africa is laughable knowing the european families that control the mines in that region. But he has made the average university student think they can strike gold and drop out to trade forex.

I LIVE ON FOREX TRADING. yet i have refused everyone who has messaged me for lessons because i know the sacrifice involved in learning FX the right way.

and if i find out you are a marketer selling his FX goods with deceit . i will shade you too

My father lost over 40 million naira on the Nigeria stock market because radio gurus were telling him to buy and never when to sell. those quacks have sold their magazines and earned their commissions but do they know the larger effect of the deceit they're spreading? this is what sandile is doing. You can never drag someone into FX trading if you really know what it entails!

*** I just checked your profile and noticed you are an internet marketer just like your friend Sandile. Forex trading is a blood sport. if you will go to the internet to market an art as dangerous as this. you should at least come out clean. at least for the sake of Jesus, your savior.

gmaribel:


God bless you

Lots of scams about Forex out there and many people who don't know fall into their traps.

You can't learn how to trade profitably just by attending a weekend seminar.

You can't profit from forex trade if you are using a shady broker. (You can recognize them by their juicy leverages 1:1000 constant adverts online and how they are regulated )

If you are not patient and disciplined to follow fixed rules Forex trade is not for you.

Learn with a demo account and master your strategies before going live.

Thanks op

dowjones:
Forex trading is a blood sport. if you will go to the internet to market an art as dangerous as this. you should at least come out clean. at least for the sake of Jesus, your savior.

Fxmanager:


Our brother tell them. Tell them they need a Never say die attitude, a heart of steel, ask them if they can follow one part for close to a decade without success. Can they risk a broken relationship, marriage and family. Can they risk being neglected by friends and family members, because they success is yet to come after so many years. Tell them to follow the post below and invest in SEASONED TRADERS to absorb the shock that will occur while on their success pursuit on forex.

https://www.nairaland.com/3901897/currency-trading-journal-target-avg

wamiikechukwu:


so ur using this opportunity to advertise urself abi

dowjones:


I need at least $50,000 to begin trading.

eric4real:
what matters is not the amount you start with but your consistency in the forex market