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12 Months Forex Challenge. - Investment (6) - Nairaland

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Real Forex Challenge Day 4 / Real Forex Challenge / I Will Trade Your $1000 To $5000 Within 12 Months In Forex (2) (3) (4)

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Re: 12 Months Forex Challenge. by ILovebigyansh(m): 10:26am On Apr 20
Kaybee7000:
Omo these people dey try o,d pressure on the guy self no b here ,u just dey pressurize the guy up and down ,leave him and let him b na ,moreover it is his money

I mean...

It's his money, we were supposed to just sit at the sidelines and watch.
Re: 12 Months Forex Challenge. by felixzo1(m): 10:51am On Apr 20
unrealistic profit expectations are ones of the reasons most traders fail, this somehow related to poor funding,50% profit from a $2000 account a year is just $1000 most will view this as small, a 50% profit from a $20000 account is $10000(with same efforts, time and energy). my take is, if you can grow you account only by50% over a period of 4 years, you can call yourself a very successful trader. maximum drawdown should not be more than 10% and risk exposure less than 2.5%.with that statistics a lot of people will trust their funds in your care

3 Likes

Re: 12 Months Forex Challenge. by ILovebigyansh(m): 11:45am On Apr 20
felixzo1:
unrealistic profit expectations are ones of the reasons most traders fail, this somehow related to poor funding,50% profit from a $2000 account a year is just $1000 most will view this as small, a 50% profit from a $20000 account is $10000(with same efforts, time and energy). my take is, if you can grow you account only by50% over a period of 4 years, you can call yourself a very successful trader. maximum drawdown should not be more than 10% and risk exposure less than 2.5%.with that statistics a lot of people will trust their funds in your care

Trust me a 400%+ roi in 5 mins in this same forex is very possible.

It all depends on your risk appetite.

Before Covid, this week & next would have been some major economic data releases. (Since COVID, news hasn't been as volatile as it used to you can attest to that as a technical trader)

I would have done a video live making 400%+ ROI in 5mins on such data releases.

Go look at traders like FBK and refwayne check their news trading videos.

Just because you can't make such returns doesn't mean people haven't.

That is the difference between fundamental traders and Technical traders.

O.P said he can achieve the feat on technicals is why i followed this thread. When technical traders trade 1 lot size, fundamentals trade 10 , 100, (I have seen ref wayne trade 1000 lot).

If he didn't achieve it at least i am expecting him to show that one can also be consistently profitable with technicals

2 Likes

Re: 12 Months Forex Challenge. by ILovebigyansh(m): 11:59am On Apr 20
felixzo1:
unrealistic profit expectations are ones of the reasons most traders fail, this somehow related to poor funding,50% profit from a $2000 account a year is just $1000 most will view this as small, a 50% profit from a $20000 account is $10000(with same efforts, time and energy). my take is, if you can grow you account only by50% over a period of 4 years, you can call yourself a very successful trader. maximum drawdown should not be more than 10% and risk exposure less than 2.5%.with that statistics a lot of people will trust their funds in your care

Moreover as a fund manager one should be trading/investing in stocks, derivatives, commodities on an exchange not on a CFD broker, because on an exchange or DMA broker there's no leverage, you hold instrument at their net or market value unlike on CFDs where there is no market value attached you simply trading for price differences.
Re: 12 Months Forex Challenge. by felixzo1(m): 12:05pm On Apr 20
ILovebigyansh:


Trust me a 400%+ roi in 5 mins in this same forex is very possible.

It all depends on your risk appetite.

Before Covid, this week & next would have been some major economic data releases. (Since COVID, news hasn't been as volatile as it used to you can attest to that as a technical trader)

I would have done a video live making 400%+ ROI in 5mins on such data releases.

Go look at traders like FBK and refwayne check their news trading videos.

Just because you can't make such returns doesn't mean people haven't.

That is the difference between fundamental traders and Technical traders.

O.P said he can achieve the feat on technicals is why i followed this thread. When technical traders trade 1 lot size fundamentals trade 10 , 100.

If he didn't achieve it at least i am expecting him to show that one can also be consistently profitable with technicals






i don't, doubt people can achieve 2000% returns a year. but that is not realistic target, the aim of every trader is to be consistently profitable, year in year out, with minimum drawdowns and minimum risk. this is what trading is about. if anyone chooses to gamble with his funds, it does not consign me. I have seen people loss $2000 in 5 mins trading news
Re: 12 Months Forex Challenge. by Nobody: 1:07pm On Apr 20
Re: 12 Months Forex Challenge. by ILovebigyansh(m): 1:57pm On Apr 20
felixzo1:
i don't, doubt people can achieve 2000% returns a year. but that is not realistic target, the aim of every trader is to be consistently profitable, year in year out, with minimum drawdowns and minimum risk. this is what trading is about. if anyone chooses to gamble with his funds, it does not consign me. I have seen people loss $2000 in 5 mins trading news

Like i said google FBK or ref wayne & watch their news trading videos.

Yes people lose because they don't have the knowledge. But people who know what they are doing, do it well

I',m simply saying don't limit what anyone can achieve to what you personally can't achieve, there are levels to this.

3 Likes

Re: 12 Months Forex Challenge. by ILovebigyansh(m): 2:03pm On Apr 20
Show me a technical trader that has made a million dollar in a day but i'll show you fundamental traders that have made millions in a day.

Even george soros the richest forex trader made a billion dollars in a day shorting the pounds based on fundamentals.

There are levels to this.
Re: 12 Months Forex Challenge. by Kaybee7000(m): 2:24pm On Apr 20
Wahala
Re: 12 Months Forex Challenge. by ILovebigyansh(m): 3:01pm On Apr 20
Se dem dun put pressure on O.P wetin we wan do again.
grin
Re: 12 Months Forex Challenge. by Nobody: 3:08pm On Apr 20
Re: 12 Months Forex Challenge. by Kaybee7000(m): 3:45pm On Apr 20
Aluspecialty:
grin

Meanwhile, he puts himself in pressure if he knows little about the business but boasts of making 29% monthly to turn $20 to $400 in a year of which he is on the losing side even 3days to month end.

Chai....o wrong nah

Let him humble himself, I will teach his generation for free on how to trade properly.




Anywhere I see this face ,na to pick race remain for m
Re: 12 Months Forex Challenge. by Nobody: 4:08pm On Apr 20
Re: 12 Months Forex Challenge. by Nobody: 6:16am On Apr 22
Re: 12 Months Forex Challenge. by felixzo1(m): 6:20am On Apr 22
Aluspecialty:
Netvaluefx,

I need to remind you of your 29% monthly boasts, you have just 2days remaining in the month of trading this challenge, where is our 29% and why did you finally privatize the explorer, I thought you promised to have it here for all to see.

Are you still in this challenge to make a 20X profit in a year, i.e turning $20 to $400, on this your cent account?

grin
him don run. to make mouth too much no good.

2 Likes

Re: 12 Months Forex Challenge. by NetValueFX: 8:24am On Apr 22
felixzo1:
its not possible , he will be over leveraging and risking too much if he tries to achieve that. best hedge funds managers achieve only 30 to 50% returns a year.
12months will say bro. Let's wait.
Re: 12 Months Forex Challenge. by NetValueFX: 8:28am On Apr 22
felixzo1:
him don run. to make mouth too much no good.
Another negative energy. I will complete my challenge. It will remain private until I see who to grant access with no negative energy.
Re: 12 Months Forex Challenge. by Nobody: 8:37am On Apr 22
Re: 12 Months Forex Challenge. by Kaybee7000(m): 7:49pm On Apr 22
Aluspecialty:
What is your excuse for this disqualification in the challenge, at least, you are not able to privatize it.

Tell us! Otondo



Lolz
Re: 12 Months Forex Challenge. by felixzo1(m): 12:23pm On Apr 26
pride comes before a fall
Re: 12 Months Forex Challenge. by ILovebigyansh(m): 11:44am On Apr 27
O.P how's it going.

I see you doing well in the FTA forex stuff.

Even if you didn't meet 29%, hope you bounced back.

How's the target for next month.
Re: 12 Months Forex Challenge. by NetValueFX: 12:00pm On Apr 27
ILovebigyansh:
O.P how's it going.

I see you doing well in the FTA forex stuff.

Even if you didn't meet 29%, hope you bounced back.

How's the target for next month.
I doing okay. My equity is still below 29% profit however my booked profit is at 50%. I am confident I will meet up. Though I split the profit at 29% per month doesn't mean I expect myself to make that every month. Sometimes if might take 6week for me to make 40%. Which practically means I am still on target.
Re: 12 Months Forex Challenge. by felixzo1(m): 12:04pm On Apr 27
NetValueFX:

I doing okay. My equity is still below 29% profit however my booked profit is at 50%. I am confident I will meet up. Though I split the profit at 29% per month doesn't mean I expect myself to make that every month. Sometimes if might take 6week for me to make 40%. Which practically means I am still on target.
talk is cheap and free

3 Likes

Re: 12 Months Forex Challenge. by Nobody: 4:57pm On Apr 27
Re: 12 Months Forex Challenge. by NetValueFX: 5:18pm On Apr 27
25th
Re: 12 Months Forex Challenge. by ILovebigyansh(m): 5:46pm On Apr 27
NetValueFX:
25th

Why don't you open it to the public now that it's a month already then lock it back when you start trading for next month.
Re: 12 Months Forex Challenge. by Nobody: 5:54pm On Apr 27
Re: 12 Months Forex Challenge. by felixzo1(m): 5:55pm On Apr 27
ILovebigyansh:


Why don't you open it to the public now that it's a month already then lock it back when you start trading for next month.

shame will not allow him.
Re: 12 Months Forex Challenge. by Donvic4u(m): 6:14pm On Apr 27
felixzo1:
shame will not allow him.


Talk iss very cheap..

Hide your face in shame NetvalueFx

It's ur boy boy Abambam I'm waiting for..

He said you are big, pls show your "bigness"
Swallow your shame and unlock your explorer

NetvalueFx
Abambam

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