VlamesIffect:
I never still understand how Scalpers dey deal with loss.... because their risk rewrd no just gel to me.....
Any strategy wey i come across...i dey ask wetin be ENTRY. WETIN BE EXIT...how much risk rewrd se na 1:1 or 1:3.
Scalpers get everything but their risk reward na 1:0.5 some even less.....

(mimicking Okon) Reave it, we rove it like that!

Feshizzy:
I'm still in this EU buy
Let's see how it plays out this week or next week.

Remember always test your strategy brutally for at least 10 years if you want to be a serious trader.

The business is already full of mediocre in form of traders don't be one of them.

If you want to make serious money, you have to take the business serious.

Always be willing to try something new till you find one that you can stick your balls to it.

Trading journey is a very rough and brutal road. That's why you see the so called mentors can't post their trade journal or explorer.

In the eyes of the market everyone is equal, rich, poor, tall, short, male, female etc.

Buy or sell both trader is right in all boils down to patience and discipline

Patience to know when to enter or hold on to a trade.
And discipline to accept what the market gives you. You

Omo I dey drop motivational quote ooo
Tony142 dey learn work for where i dey so

Note: this is not a trade call.

Abambam:
1st month positive but didn't hit target.
free 2nd month was offered. I blew it.

$300 gone. Going for 2/3 weeks sabbatical.

Like Arnold I'll be back.

The bright side, I can afford to loss that fund, but definitely NOT happy to.
The forex side that doesn't get publish enough.

Abambam:
1st month positive but didn't hit target.
free 2nd month was offered. I blew it.

$300 gone. Going for 2/3 weeks sabbatical.

Like Arnold I'll be back.

The bright side, I can afford to loss that fund, but definitely NOT happy to.
The forex side that doesn't get publish enough.

samfelly:


(mimicking Okon) Reave it, we rove it like that!

Abambam:
1st month positive but didn't hit target.
free 2nd month was offered. I blew it.

$300 gone. Going for 2/3 weeks sabbatical.

Like Arnold I'll be back.

The bright side, I can afford to loss that fund, but definitely NOT happy to.
The forex side that doesn't get publish enough.

jsheng:

Binary option trade still dey exist?
Abeg give me the link if u have any

Abambam:
1st month positive but didn't hit target.
free 2nd month was offered. I blew it.

$300 gone. Going for 2/3 weeks sabbatical.

Like Arnold I'll be back.

The bright side, I can afford to loss that fund, but definitely NOT happy to.
The forex side that doesn't get publish enough.

Forexislife:
Come to think of it, why will someone who is not yet consistent in forex be applying for a prop firm? I still don't get the idea.

Firstly, forex is a game of psychology, if you have not mastered yourself properly and be consistent with your own little capital, I see no need reason for you to be going for the challenge especially for those who don't have much to spare. It can be psychologically damaging if you lose out.

I have not even considered such cos I am not in such mental state yet.

Anyways, goodluck to those who do. May the pips be with you.

Piptocoin:


You are right. Very right. However, that is the most basic of conditions for venturing into prop firm challenges. There are skilled forex traders that find it difficult to scale through the challenges. I read on forexfactory where, according to person, ftmo said that only 8% of those who take the challenges make it to the funding stage. That says a lot especially with so-called experts parading no-loss systems on youtube or forex forums. It takes planning, discipline, and an edge to survive the pit of prop firm challenges. This is why I said a system should be able to lock-in pips to stand a chance of meeting its daily, or weekly, or monthly target.

Forexislife:
Come to think of it, why will someone who is not yet consistent in forex be applying for a prop firm? I still don't get the idea.

Firstly, forex is a game of psychology, if you have not mastered yourself properly and be consistent with your own little capital, I see no need reason for you to be going for the challenge especially for those who don't have much to spare. It can be psychologically damaging if you lose out.

I have not even considered such cos I am not in such mental state yet.

Anyways, goodluck to those who do. May the pips be with you.

samfelly:


Boss, ur balls big ooo

saintfaculty:
Dollar index on the rise

Forexislife:
that itself is too much pressure. Almost two months ago, I took a big loss and that affected my psychology, I didn't even know how to spot a pin bar again i had to step back from the charts for almost 2 weeks.

Now imagine if one has a periodic target, how do you deal with the fact that you might not be mentally ready to take a trade for a week. That is disaster. Only experienced traders can scale through when the big fund is deposited. Those of us who are not experienced stand no chance.

niyeee:


How can I reach you. I sent a request through nairaland but seems you didn't receive it

Tony142:
Good day everyone, in order to make communication and learning of this Forex trading more easier, I decided to create the WhatsApp version of this thread on WhatsApp, I titled it "Nairaland Forex Traders"


This thread will still remain here, but the 2nd version of it will be on WhatsApp, Only traders from this thread will be allowed to join the WhatsApp version of it


There are 2 ways to join, which are


1. Click on this link below
https:///DuPkW5EH2KfI2TrMv63k34 that is the link to join the WhatsApp group, so click it and join directly, if u tried the link and it did not work, then copy the link and go to Google and search for it, Google will automatically show you a way to join the group directly



2. The 2nd way to join it is to message me on WhatsApp, my WhatsApp number is: 09031740226 , just message me on WhatsApp and say "I want to join the Nairaland Forex Traders WhatsApp Group Chat" then I will automatically know that u are from Nairaland and i will add you to the group immediately


Pls, for those who will want to mention me,before you mention me, pls delete my WhatsApp number 1st, I do not want my phone number to be on Nairaland, I will personally delete it after 3 days, but if u want to mention this my post, pls delete it before you mention me, hope u understand?....Good


Only active members of this thread will be allowed to join, u can follow any of the 2 method above to join the 2nd version of this thread on WhatsApp

Feshizzy:


What do we want to be typing on WhatsApp that we can't do here or is doing here already?

Do this solely at your own peril and not under the guise of FTA.

FTA NL doesn't have any other platform..

You are clearly beginning to display fraud tendency at this point.

Feshizzy:


What do we want to be typing on WhatsApp that we can't do here or is doing here already?

Do this solely at your own peril and not under the guise of FTA.

FTA NL doesn't have any other platform..

You are clearly beginning to display fraud tendency at this point.

Tony142:



fraud?...do I asked any body for money?

Feshizzy:


Trust me you don't want to start that topic

Feshizzy:


What do we want to be typing on WhatsApp that we can't do here or is doing here already?

Do this solely at your own peril and not under the guise of FTA.

FTA NL doesn't have any other platform..

You are clearly beginning to display fraud tendency at this point.