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Stats: 2,567,910 members, 5,940,804 topics. Date: Sunday, 25 October 2020 at 11:03 PM
|Re: Forex Trade Alerts: Season 20 by elantraceey(f): 1:56pm On Oct 18|
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: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.
|Re: Forex Trade Alerts: Season 20 by highcurrent: 3:12pm On Oct 18|
IMAliyu: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
|Re: Forex Trade Alerts: Season 20 by teemy(m): 3:41pm On Oct 18|
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.
|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
|Re: Forex Trade Alerts: Season 20 by idomalord: 4:39pm On Oct 18|
You can even make more than that 30% sef
|Re: Forex Trade Alerts: Season 20 by hidhrhis(m): 5:15pm On Oct 18|
|Re: Forex Trade Alerts: Season 20 by teemy(m): 6:02pm On Oct 18|
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.
|Re: Forex Trade Alerts: Season 20 by forendals(m): 6:50pm On Oct 18|
highcurrent: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:man, you just said the truth.
sometimes unstable power makes one Misses nice trades and setups
|Re: Forex Trade Alerts: Season 20 by highcurrent: 7:12pm On Oct 18|
forendals:lol.smart money guys
|Re: Forex Trade Alerts: Season 20 by naturalflow: 7:32pm On Oct 18|
highcurrent: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 $
|Re: Forex Trade Alerts: Season 20 by highcurrent: 9:46pm On Oct 18|
|Re: Forex Trade Alerts: Season 20 by Pipsbasketings(m): 10:03pm On Oct 18|
Here is what real/live trader said:
|Re: Forex Trade Alerts: Season 20 by Thunday1005(m): 11:16pm On Oct 18|
meshpips: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|
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.
|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
|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|
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.
|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|
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.
|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.
|Re: Forex Trade Alerts: Season 20 by Durentt(m): 7:20am On Oct 19|
2000yearsago: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|
Lie, south Africa and Singapore are the best
|Re: Forex Trade Alerts: Season 20 by forendals(m): 8:04am On Oct 19|
Tony142:All these forex street stuffs
|Re: Forex Trade Alerts: Season 20 by forendals(m): 8:05am On Oct 19|
Tony142:If I ask more prove or show me your facts, you no go gree
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