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Defending FOREX Trading. A Golden Goose With A Bad Name. - Business (3) - Nairaland

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Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by redsox11: 3:20pm On Jul 30, 2017
dowjones:


Since Alpari declared bankruptcy on january 20, 2015 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 and tech. (server, price feed, Liquidity. etc)

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.



I was trading with Alpari UK then. Was given 2 options, have my money transfer to my bank account or send it to ETX Forex Broker which bought some part of Alpari UK. I've since stopped doing business with ETX though.

Keep up the good work.

Cheers.
Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by Fxmanager(m): 4:41pm On Jul 30, 2017
dowjones:
FXmanager

I have ignored your promotions on this thread because your trading style and result has some potential. But you are going about this the wrong way and it is already derailing this thread.

This thread was meant for educating people. Your promotions on every thread is quite selfish and a bit too agressive.

Get a live account and trade on it for 3 months and put it on myfxbook's autotrade and you will never need money again.

Please don't promote anything on this thread again. Thanks

Okay. Thank you for the compliment.
Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by BioTeck: 5:41pm On Jul 30, 2017
dowjones:
I get emotional when i see people Tag FOREX trading as a fraud or scam

These same people who willingly participate in ponzi schemes, people who save their money in banks only for banks to trade their money on the same scam market and give them peanuts in return.

Even the management of this forum has banned it. (To protect people from scams, maybe). Because of the bad reputation it has built.

But do you know people call the stock market a scam too. Do you know people even call some real estate deals scams?

Why? Because they failed in the venture.

I will use this thread to debunk the "mystery" of forex trading.

I will educate any who wants to be educated.

I will show you real traders, verified real accounts and I will approach them to participate in this thread. (At least 50 traders).

I will expose the politics of the markets. The scammer of the business (brokers, marketers, teachers) and how they work hand in hand. When you know them you'll laugh anytime you spot them.

I am typing this in anger and resolve. The problem of this business is the real people in it don't have time or make effort to defend the business because it takes them out of their comfort zone.

But this has to stop

To the moderators. I know you guys will be trigger happy to ban me. Consider my age on this forum. Consider my topics, consider my posts.

I have never sold any ebook or tutorial on this topic or even promoted it in anyway.

And to prove I'm not playing games. I will give you access to my live account and any other info you want.(The moderators only)

Whatever i do here is for educational purposes. I will tag a number of relevant names I feel can be of help to this thread because I cannot do this on my own.

Any promotional post should be banned.

You will never see FOREX trading the same when I start.

If this thread is not banned or blocked. I will go on.

Cheers

The Mods:
Puskin
FOD
Naijacutee
Dominique
seun


Please add information about BinaryOptions Trading too if you don't mind. I belive it'd also help considerable numbers of binary traders. Thanks.
Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by Nobody: 12:20pm On Jul 31, 2017
Ok
Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by BioTeck: 1:41pm On Jul 31, 2017
mikeoh:

My brother I will advise you to use your money to open a provision, foodstuff shop or anything you can see with ur eyes.
Many have gone through this path... Most forex trading and got their finger burnt.
Show me a forex trader who who made a living entirely from the trade?
Pls listen to advice

I'm yet to see a business venture that is free of risk...haven't you heard of fire accident destroying shops? The issue is the will to achieve. Once you are resolute, fx trading is a good business.
Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by dowjones(m): 6:30pm On Jul 31, 2017
BioTeck:


Please add information about BinaryOptions Trading too if you don't mind. I belive it'd also help considerable numbers of binary traders. Thanks.

I don't know enough about binary options to talk about it.
Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by rozayx5(m): 6:49pm On Jul 31, 2017
mikeoh:

My brother I will advise you to use your money to open a provision, foodstuff shop or anything you can see with ur eyes.
Many have gone through this path... Most forex trading and got their finger burnt.
Show me a forex trader who who made a living entirely from the trade?
Pls listen to advice

I live off trading


But truth is that I have paid the price over the years learning wise cool

Aside that trading is not for every one

I don't advise people to trade cause the learning curve is expensive
Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by dowjones(m): 7:13pm On Jul 31, 2017
rozayx5:


I live off trading


But truth is that I have paid the price over the years learning wise cool

Aside that trading is not for every one

I don't advise people to trade cause the learning curve is expensive

Please don't reply him, he is trying to derail the thread.

I will soon be done with this thread so people like him can have a filled day here and go back to selling provisions and foodstuff

2 Likes

Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by rozayx5(m): 7:16pm On Jul 31, 2017
dowjones:


Please don't reply him, he is trying to derail the thread.

I will soon be done with this thread so people like him can have a filled day here and go back to selling provisions and foodstuff


grin grin grin
Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by Nobody: 7:47pm On Jul 31, 2017
BioTeck:


I'm yet to see a business venture that is free of risk...haven't you heard of fire accident destroying shops? The issue is the will to achieve. Once you are resolute, fx trading is a good business.
I have been on nairaland for almost 10yrs
Pls enter any of the fx or binary trading
I will mark ur username in the next 2yrs give me a review of ur trade tnx

1 Like

Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by Nobody: 7:53pm On Jul 31, 2017
dowjones:


Please don't reply him, he is trying to derail the thread.

I will soon be done with this thread so people like him can have a filled day here and go back to selling provisions and foodstuff


My mentor today he is busy carrying wood for a fee at a timber market here,
This is someone who made money in trading and training back then. There was a time he grew an account from 500 to 9000 used only to crash it. The recent one I know was 500 to 5000 usd.
Today no wife, no job, nothing to show for all the struggles..
I might sound foolish to u
Pls stay away from forex.
Nairabet is better than it
Pool is better than it
Infact casino is better than it..
Yes that's how bad it is..
Seun too has got his fingers burnt making him to ban it here.

2 Likes 1 Share

Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by trafftrade(m): 7:54pm On Jul 31, 2017
Am giving out over 40 premium courses on forex trade for a token to anyone who message me using my signature below
Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by Nobody: 8:28pm On Jul 31, 2017
dowjones:


Please don't reply him, he is trying to derail the thread.

I will soon be done with this thread so people like him can have a filled day here and go back to selling provisions and foodstuff

grin grin grin
Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by Nobody: 8:28pm On Jul 31, 2017
dowjones:


Please don't reply him, he is trying to derail the thread.

I will soon be done with this thread so people like him can have a filled day here and go back to selling provisions and foodstuff

grin grin grin
Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by Nobody: 8:29pm On Jul 31, 2017
trafftrade:
Am giving out over 40 premium courses on forex trade for a token to anyone who message me using my signature below

fx marketer spotted ......
Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by Nobody: 8:34pm On Jul 31, 2017
mikeoh:



My mentor today he is busy carrying wood for a fee at a timber market here,
This is someone who made money in trading and training back then. There was a time he grew an account from 500 to 9000 used only to crash it. The recent one I know was 500 to 5000 usd.
Today no wife, no job, nothing to show for all the struggles..
I might sound foolish to u
Pls stay away from forex.
Nairabet is better than it
Pool is better than it
Infact casino is better than it..
Yes that's how bad it is..
Seun too has got his fingers burnt making him to ban it here.


really is that so...

if your mentor's life is like this so, then i wonder how ur life will be.

have your mentor settle his village people.

am just saying grin

3 Likes

Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by dowjones(m): 9:05pm On Jul 31, 2017
trafftrade:
Am giving out over 40 premium courses on forex trade for a token to anyone who message me using my signature below

Stop promoting your junk on this thread
Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by dowjones(m): 9:08pm On Jul 31, 2017
.
Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by dowjones(m): 9:31pm On Jul 31, 2017
Just this afternoon i posted a request on forexfactory.com for an edit to an indicator i use and within minutes a coder edited it. FREE CODING SERVICE!

Now, if coding can be free, how much more tutorials ?

Today alone i downloaded about 5 interviews of traders , just for my viewing pleasure https://www.youtube.com/channel/UCdnzT5Tl6pAkATOiDsPhqcg FREE INSPIRATION

there are millions of forex resources on the net and traders willing to help you the best way they can. for free!

I just signed up to a free VPS service from amazon aws.amazon.com for one year of elastic cloud service !! FREE VPS FOR MY EXPERTS

please. whatever you need is sitting somewhere waiting for your curiousity to push you to it.

you need to hang out with the right crowd to get to the summit of your chosen field

Don't let intellectually lazy and mediocre minded people tell you rubbish.

Go to the forex trading alerts thread and see if you wouldnt catch one or two consistent traders there.

Do not buy any forex material its all free stuff recycled from the internet.

3 Likes

Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by olalol(m): 1:21am On Aug 01, 2017
what about FXPRO BROKER
Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by dowjones(m): 4:43am On Aug 01, 2017
olalol:
what about FXPRO BROKER

FX pro is ok
Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by amolak: 3:36pm On Aug 01, 2017
mikeoh:



My mentor today he is busy carrying wood for a fee at a timber market here,
This is someone who made money in trading and training back then. There was a time he grew an account from 500 to 9000 used only to crash it. The recent one I know was 500 to 5000 usd.
Today no wife, no job, nothing to show for all the struggles..
I might sound foolish to u
Pls stay away from forex.
Nairabet is better than it
Pool is better than it
Infact casino is better than it..
Yes that's how bad it is..
Seun too has got his fingers burnt making him to ban it here.

See MUMU ( sorry I just have to call you mumu) your mentor is a pure gambler. You can't rush forex to make it big because when it rushes you back you will have yourself to blame. You have been on Nairaland for 10 years does not mean you are well exposed, stop bragging you are just a local champion. Pls search further you will see how genuine traders are making it in this business not the type of gamblers like you and your mentor

2 Likes 1 Share

Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by BioTeck: 11:14am On Aug 02, 2017
amolak:
See MUMU ( sorry I just have to call you mumu) your mentor is a pure gambler. You can't rush forex to make it big because when it rushes you back you will have yourself to blame. You have been on Nairaland for 10 years does not mean you are well exposed, stop bragging you are just a local champion. Pls search further you will see how genuine traders are making it in this business not the type of gamblers like you and your mentor

The best response for that guy is to ignore him. You can see from his posts that he's totally ignorant of what trading entails and what you can get from it but the worst part is that he's not willing to see any positive thing about trading.

I do not like bragging but let me just say it here that forex is the best business in the world. It's the best thing that has ever happen to me.

6 Likes

Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by Dollabiz: 12:02pm On Aug 02, 2017
O
Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by FENZY24(m): 3:03pm On Aug 02, 2017
Inwa told crypto trading and forex trading are different.. Op do u knw about crypto trading?
Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by dowjones(m): 3:05pm On Aug 02, 2017
I have delayed this write up because I am finding challenges in compressing the information.

there are several ways money to make money in this multi trillion dollar industry.

I will categorize them in 2 groups, both highly lucrative if you know what you're doing.

Forex Trading & Forex Business

The Forex Business
This is making money from the industry without actaully trading. You don't require any trading skills to make money, However you need other relevant skills, e.g, Marketing, coding, public speaking etc.

I will sub categorize real quick but will not elaborate:

Publishing:
Blogs/ Forums/ websites, Ebooks and Videos (the goal here is to publish content in form of tutorials, insights and research while earning affiliate income)

Consulting:
Coding services, Brokerage setup, B2B marketing (Offering a range of specialized services to brokers, Hedge funds etc. usually on contract basis)

Blue chip:
Brokerage ownership (white labels, Introducing brokers, regional partnerships). Involves more capital and effort, for the big ballers

Merchandising:
Selling of Forex related materials; Experts, VPS, indicators etc.

I will not elaborate on the above mentioned areas but they are very lucrative and involve less risk, skill and commitment as required by trading. (This is where most of the Gurus and teachers fit in)

the attached image explains the mindset of a Forex marketer. (or any businessman)

Here is why some people are focused on selling expert after expert and ebook after ebook. And will not put one cent in trading.

The next post Focuses on Making money from “FOREX TRADING”

1 Like 1 Share

Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by dowjones(m): 3:06pm On Aug 02, 2017
FENZY24:
Inwa told crypto trading and forex trading are different.. Op do u knw about crypto trading?

I don't know much about cryptocurrencies. This thread is strictly for currency trading
Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by ThundrCork(m): 5:10pm On Aug 09, 2017
i need a reliable ECN broker that would accept naira mastercard from Nigeria. suggestions will be helpful thanks
Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by dowjones(m): 6:44pm On Aug 09, 2017
ThundrCork:
i need a reliable ECN broker that would accept naira mastercard from Nigeria. suggestions will be helpful thanks

You might be limited if you want to deal with a naira Mastercard / visa

I like to think most brokers accept even though I've never used.

I can suggest my Darwinex or Exness ECN (specifically Exness E.C.N)

Someone else might suggest better
Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by sammy13: 7:01pm On Aug 09, 2017
please what broker would you recommend to trade $1000 skrill
Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by Nobody: 7:15pm On Aug 09, 2017
dowjones:

You might be limited if you want to deal with a naira Mastercard / visa
I like to think most brokers accept even though I've never used.
I can suggest my Darwinex or Exness ECN (specifically Exness E.C.N)
Someone else might suggest better
better use skrill.
Re: Defending FOREX Trading. A Golden Goose With A Bad Name. by GlitzG: 9:30pm On Aug 09, 2017
sammy13:
please what broker would you recommend to trade $1000 skrill

Do you have for sale?. If you do, I can buy all. We cal also make use of escrow service here. Call/Whatsapp 09067694647

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