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Forex Trade Alerts: Season 20 - Business (555) - Nairaland

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Daily Forex Trade Journal 2020. / Forex Trade Alerts: Season 19 / Forex Trade Alerts: Season 18 (2) (3) (4)

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Re: Forex Trade Alerts: Season 20 by elantraceey(f): 1:56pm On Oct 18
forendals:

why is it a downtrend, seeing that price just had equal up and down swings.
assuming it is a downtrend as you say, do you discount corrections?
knowing that certain corrections can be very profitable.

I don't trade corrections, feels too risky for my young heart. When I notice a change in trend, I just wait for it to break structure or my next S/R and retest before going in.
Re: Forex Trade Alerts: Season 20 by IMAliyu(m): 2:23pm On Oct 18
teemy:

Also possibly unintended. Sometimes, people get so carried away by past results and in the haste to raise funds make extreme promises to hook in investors.

Once the time limit gets close and there are no results, they 'reesi' with more than reasonable lot sizes and when the eyes clears, it is already too late and the catch me if you can chase begins. He should have come out clean at the first signs of trouble.

It probably 'twisted' in his hands.
Well it can happen.

There is a degree of self discipline needed, that I'm having to learn the hard way (Although no serious money is on the line)

Which is to not get desperate to win back loses. If you loose a few and you've hit your maximum lose tolerance. Just step away and find a way to clear your mind and come back the next day and start a fresh. If not you will likely just blow your account then and there.

2 Likes

Re: Forex Trade Alerts: Season 20 by highcurrent: 3:12pm On Oct 18
IMAliyu:

30% consistent monthly ROI. Lol.

The investor should had known it was a scam.
sometimes greed and over confidence tends to fail traders.

just like one of my guy, who was making his trading plan and he said he was going to make 25% of his capital in one week, and 100% of trading equity in one month.

I told him to just try and be profitable and manage risk, before market humble him

1 Like

Re: Forex Trade Alerts: Season 20 by teemy(m): 3:41pm On Oct 18
highcurrent:
sometimes greed and over confidence tends to fail traders.

just like one of my guy, who was making his trading plan and he said he was going to make 25% of his capital in one week, and 100% of trading equity in one month.

I told him to just try and be profitable and manage risk, before market humble him

You gave him the right advice. He needs to perform his magic on a demo account for several months before he repeats that statement with confidence.

1 Like

Re: Forex Trade Alerts: Season 20 by hidhrhis(m): 3:51pm On Oct 18
30 percent monthly ROI is possible on a monthly basis
is just that this investors collect money from a lot of people in which makes it extremely difficult to give everyone their returns but if it is ur personal account it is very possible
tell me i have 100 dollars account what will make me not to be making 30 dollar on a monthly basis

2 Likes

Re: Forex Trade Alerts: Season 20 by idomalord: 4:39pm On Oct 18
hidhrhis:
30 percent monthly ROI is possible on a monthly basis
is just that this investors collect money from a lot of people in which makes it extremely difficult to give everyone their returns but if it is ur personal account it is very possible
tell me i have 100 dollars account what will make me not to be making 30 dollar on a monthly basis



You can even make more than that 30% sef
Re: Forex Trade Alerts: Season 20 by hidhrhis(m): 5:15pm On Oct 18
idomalord:




You can even make more than that 30% sef
sure now
Re: Forex Trade Alerts: Season 20 by teemy(m): 6:02pm On Oct 18
hidhrhis:

sure now

If not for pressure like power, internet and funding, most Nigerian traders can make 30% returns conveniently. It is when the pressure comes that they start seeing double and misbehaving.

1 Like

Re: Forex Trade Alerts: Season 20 by forendals(m): 6:50pm On Oct 18
highcurrent:
currently on front page

https://www.nairaland.com/6188883/efcc-nabs-forex-trader-failing
this things which the elders had forewarn.
like protesters will say "who are you?"
if after all the hype that a certain sect are smart money, the still make noise when the hit anything above 50% a year
all this people!!!
Re: Forex Trade Alerts: Season 20 by highcurrent: 7:11pm On Oct 18
teemy:


If not for pressure like power, internet and funding, most Nigerian traders can make 30% returns conveniently. It is when the pressure comes that they start seeing double and misbehaving.
man, you just said the truth.

sometimes unstable power makes one Misses nice trades and setups

1 Like

Re: Forex Trade Alerts: Season 20 by highcurrent: 7:12pm On Oct 18
forendals:

this things which the elders had forewarn.
like protesters will say "who are you?"
if after all the hype that a certain sect are smart money, the still make noise when the hit anything above 50% a year
all this people!!!
lol.smart money guys
Re: Forex Trade Alerts: Season 20 by naturalflow: 7:32pm On Oct 18
highcurrent:
lol.smart money guys
are you related to current price?
Re: Forex Trade Alerts: Season 20 by Pipsbasketings(m): 9:17pm On Oct 18
In Risk/Money Management, you don't specify a fixed monthly %ROI because you do not determine how much or how well price trends or ranges.

I will be candid with you that the true successful traders are comfortable with a monthly 0-6% ROI on average; don't be greedy, market remains forever at least for now. Understand this and note the word average, it means since you cannot determine the specific amount per month, it varies; in some months you could have no return at all (i.e 0% ROI), while some you can have losses, sometimes consecutive, depending on your trading style. The big deal is sometimes you could earn 18% ROI in a single month or two or three consecutive months.

My question is: since you cannot determine how much and how well price trends or ranges, can your account survive two months consecutive losses; in other words, will you still have the opportunity to trade after you experience two consecutive monthly losses? It happens, don't let us deny it. Ask yourself, if just immediately I open a live account luck is against me and experience a 2-month consecutive loss, will I still remain in the game? This is where a good knowledge of Risk/Money Management is important.

See what they are saying on foreign forums as well (pix attached)

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Re: Forex Trade Alerts: Season 20 by Pipsbasketings(m): 9:26pm On Oct 18
I have so so much to hint you guys on Risk/Money Management. Until you get that right, your success on fx is not guaranteed.
Re: Forex Trade Alerts: Season 20 by Pipsbasketings(m): 9:45pm On Oct 18
Risk/Money Management Watch

Watchout guys, if you see anyone that displaces monthly 30% ROI, ask him to provide you the ROI for the previous month OR wait another month and ask him to show you the current state of his account.

They are noise makers, that is gambling, luck found them only in the month they got 30% ROI - they are no where to be found, it is either a demo account or they open real account, get lucky, showcase their ROI, get unlucky the following month and blow account, keep mute, run from fx for another 1year, find free money, open real account again, get lucky or unlucky blow account and run again.

If you know anyone that claims he earns constant monthly 30% ROI, show me and I will gift you some $

3 Likes

Re: Forex Trade Alerts: Season 20 by highcurrent: 9:46pm On Oct 18
naturalflow:
are you related to current price?
No
Re: Forex Trade Alerts: Season 20 by Pipsbasketings(m): 10:03pm On Oct 18
Here is what real/live trader said:

1 Like

Re: Forex Trade Alerts: Season 20 by Thunday1005(m): 11:16pm On Oct 18
meshpips:


No, I execute my trades manually.
really, how are you able to do it? showing entry n exit of previous trade
Re: Forex Trade Alerts: Season 20 by teemy(m): 12:18am On Oct 19
Pipsbasketings:
...

If you know anyone that claims he earns constant monthly 30% ROI, show me and I will gift you some $

There exist. By the end of the year, I hope to show you something both alarming and encouraging.

Ideally, I shouldn't have said that on the open forum as there are lots your statement above will do a whole lot of good, it would also be balanced to add that the strategy that gave the performance I mentioned earlier took over 3years of market monitoring before the eureka moment came up. Further months of testing before I could say, well done.

Personally, I would say I have a huge appetite. But also true that it took a lot of account burning, hibernating and repeating and not everyone can afford that. Worse if they attempt doing so with other people's money.

Money management using compounding can help achieve a lot.

1 Like

Re: Forex Trade Alerts: Season 20 by Pipsbasketings(m): 12:26am On Oct 19
Great, I love to see that by the end of the year - pls pin this so you don't forget.

Don't forget: the claim is constant 30% ROI on monthly basis, that means you will show me a 12-month or even 6-month statement that successfully obtains 30% ROI on each month.

If you can show me, I will verify and gift you some good $ - I promise


teemy:


There exist. By the end of the year, I hope to show you something both alarming and encouraging.

Ideally, I shouldn't have said that on the open forum as there are lots your statement above will do a whole lot of good, it would also be balanced to add that the strategy that gave the performance I mentioned earlier took over 3years of market monitoring before the eureka moment came up. Further months of testing before I could say, well done.

Personally, I would say I have a huge appetite. But also true that it took a lot of account burning, hibernating and repeating and not everyone can afford that. Worse doing so with other people's money.

Money management using compounding can help achieve a lot.
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 12:50am On Oct 19
USDCAD buy limit with 20/30pips SL
Gold Sell limit.
Another wonderful trading week to us all.

Re: Forex Trade Alerts: Season 20 by meshpips(m): 2:04am On Oct 19
Thunday1005:
really, how are you able to do it? showing entry n exit of previous trade

Click on the order ID from your trade history and drag it unto the chart. It will show your entry and exit.
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 2:15am On Oct 19
Buying Gold 1897 sl 30pips tp 80pips
Re: Forex Trade Alerts: Season 20 by saxy4c(m): 2:41am On Oct 19
Gold almost 50pips up. Secure trade.
saxy4c:
Buying Gold 1897 sl 30pips tp 80pips

Re: Forex Trade Alerts: Season 20 by WallStreetfx(m): 5:11am On Oct 19
USDCHf long won't be a good idea

Re: Forex Trade Alerts: Season 20 by teemy(m): 6:26am On Oct 19
Pipsbasketings:
Great, I love to see that by the end of the year - pls pin this so you don't forget.

Don't forget: the claim is constant 30% ROI on monthly basis, that means you will show me a 12-month or even 6-month statement that successfully obtains 30% ROI on each month.

If you can show me, I will verify and gift you some good $ - I promise



grin thanks for the offer but I doubt the money will be necessary when you see the results.

About a decade ago, I said here that 5% daily was easy for me. What I was looking for was 30% daily and compounding. Which means my target is 19000% monthly.

I just funded the high risk account for the project over the weekend with $50. It is either I make it or fail and whatever the case will come forward with my result.

For unreversible evidence, this is the account number and statement as at today before placing the first trade today.

1 Like

Re: Forex Trade Alerts: Season 20 by teemy(m): 6:27am On Oct 19
My last live test was last month which as you can see ended up as a burnt offering but this allowed me see what was missing in the recipe. Now, I have everything. Ready to start.

Will post the account weekly while the amount is still safe to and by the end of the year will send it privately to only Pipsbasketings.

Edited* Take note first trades tickets and timestamp

Re: Forex Trade Alerts: Season 20 by teemy(m): 6:35am On Oct 19
For me, there is a reason I say Nigerian traders are probably the best in the world. Everyone just needs to find his/her own comfort zone and stick with it.

1 Like

Re: Forex Trade Alerts: Season 20 by Durentt(m): 7:20am On Oct 19
2000yearsago:

Please sir,
Assist me with the e book by forwarding it to mussmussy2@gmail.com. Thank you.
hello I saw you sent me a message but i cant access my email. Can you please post it here?
Re: Forex Trade Alerts: Season 20 by Tony142: 7:57am On Oct 19
teemy:
For me, there is a reason I say Nigerian traders are probably the best in the world. Everyone just needs to find his/her own comfort zone and stick with it.



Lie, south Africa and Singapore are the best
Re: Forex Trade Alerts: Season 20 by forendals(m): 8:04am On Oct 19
Tony142:




Lie, south Africa and Singapore are the best
All these forex street stuffs
Re: Forex Trade Alerts: Season 20 by forendals(m): 8:05am On Oct 19
Tony142:




Lie, south Africa and Singapore are the best
If I ask more prove or show me your facts, you no go gree

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