₦airaland Forum

Immunity1:
Its very glaring that jonathan is a founder of this militant.

you can't be far from the truth.

sweetmaris:
See wetin frustration dey cause...

Simple question you cannot answer
Why did you delete your posts?
You are in Canada, how come you want to distribute cement inside Nigeria?

Until you answer these questions you are a certified SCAMMER and a frustrated trader who blew his account and is passing his frustration on other people

Your case is jus pathetic
And make sure you see a psychiatrist, becos I can see traces of insanity in you

Don't bother to quote me becos I won't reply you

i hear say Dangote get Cement plant in canada that idiot(zicn abi weti he call himself) go dey supply from canada to lagos

Zionplace:
To all that have quoted me: keep confusing your career and alongside hold innocent traders along to your downfall, who your alert don epp here. have you even helped yourself. what is your monthly income or profit on fx. continue to deceive your inner man.

Forex is sweet, i still trade it, that I fund it again and again is not your business but your sickness. So far I keep having the money to do it, keep ranting your ass out. most of you guys here need to open your eyes.

Many of you that quoted me know how you gather your capital in bits and at the end, what does the capital amount to (grow and learn). If you continue like this, can you feed yourself not to talk about your family if any, now or in the future.

Try quote me again and realise the time I have for you
Mind you, I still trade fx and make cool profit, but not what I can boast of because with huge capital, you still have to earn in bits that at the end you may have a cumulative sum of the loss and profits.

Surely Surely you are confused! you need help(you may need a clinical psychologist)

[quote author=Zionplace post=45443896]Seun, ban this forex promotion on Nairaland. Frankly speaking, I have been doing fx since 2009
. Too many noise here but nothing to show for it. I have posted many times about not making it a business I can live on, though I find it easy to fund my account with foreign currency cos that is what I earn from my major work.
. Price movement is harmonic, it can be termed a chaotic pattern (Engineering term) which explains forex is all about what goes round comes round. It has its ways of getting the profit and your capital back from you which leaves you to either get frustrated or fund more.
. There are 3 definite general views of price movement for a particular or specific time frame: upward, sideways and downward. A trader is left to ONLY one of them as he/she cannot be in two positions same time. This gets the trader exposed to 1 out of 3 chances of winning (probability is 1/3) or outcome is 33.33%. Fine I believe he can move to lower timeframe to trade the sideways trend that occurs on higher time frame, but again on the lower time frame will be exposed to the same 1 out of 3 chances of winning.
. Seun, majority of the people here are immature and I have reported many of them to you which you might have seen.

Your frustration in this venture is quite understandable but i think calling people here immature is confirmation that you are great ignoramus.

Question:What would be the most important advice you could give to the layman? Answer: One of the allures of this business is that sometimes the greatest ignoramus can do very well. That is unfortunate because it creates the impression that you don't necessarily need any professionalism to do well, and that is a great trap. So the major advice I would give anybody is: Recognize that this is a very competitive business, and that when you decide to buy or sell a stock, you are competing with people who have devoted a good portion of their lives to this same endeavor. In many instances, these professionals are on the opposite side of your trades and, on balance, they are going

to beat you.


Question by :Jack Swagger
Answer by:Michael Steinhardt-The Concept of Variant Perception

JAkpayen:
Right from inception Seun hates forex traders. I remember when this thread started, he and his army close the thread severally until I think Kashif had to put up a case before him to allow this stand.

***Tyrant "landlord" has finally given us quit notice to move out***

i don't have any business here if not this tread

Seun:
Dear Nairalanders,

We are thinking of completely banning the promotion of forex trading and sports betting on Nairaland.

Forex day-trading and sports betting are fundamentally fraudulent because they're promoted as a quick way of making money whereas due to mathematical facts, the only people who make money are the middlemen and marketers. The "investors" almost always lose their money.

In our experience, it's not enough to warn Nairaland members about the dangers of forex day-trading and sports betting. The promise of quick profit is just too strong for thousands of vulnerable Nairaland members to resist. The only way to protect them is complete censorship.

We believe that the complete ban of such content will make Nairaland a better platform for discussing legitimate entrepreneurship and finance.

What do you think? Please click 'like' if you like the idea; thanks.

Seun Thank you for your concern on the plight of some people on forex and sport gambling,but for some of us here, personally i think i will not have any biz here out those too areas, And if you insist you want to protect some adultkids you might consider going to every brothel in nigeria to prevent prostitution. Either way if fools are not in the market bad wares won't be sold. some people will lose money anyway.

EFCC should have pick this guy up to explain his part in either arms deal or oil subsidy scandal, i bet he must have partook in one of those.

Truth234:
It's actually major, China (second largest market) and U.K markets are closed for bank holiday. Japan will be closed Tuesday-Thursday, Europe Thursday.

For 'forex' Uk and the US are the first and second in terms of largeness.

Feshizzy:
*sigh* you again?
Always looking for dirts on me,
Just leave sentiments aside and concentrate on trading.
I have nothing to say to you buddy.

Actually, it is a local holiday so technically speaking its a normal monday.

pls house it's been long i heard from iherebe hope all is well, i know him to be very consistent here.

prettyboey:
NZDUSD is about to fall, don't miss it

i think the opposite movement will be correct, starting from around 5pm today

Manutd19:
Waxing strong?
Anyone can be lucky with few trades. You can teach a 5 years old fx and makes a killing in his first few trades. The holy grail in this business is how you manage money which is a skill Mr Ogboraph lacks. Moreover you don't get cocky after some few winners, its a recipe for disaster.

i think and hope you been paid by your debtor friend.