₦airaland Forum

Alxmyr: Saharareporter! trust them to always join the story together.
Wait, they should have reported that she would later visit US where former first lady, Mariam Babangida died.
And have a stop over in Saudi Arabia where President Umar Yar'Adua would have died.

This same Saharareporters were the ones who gave us the truth about Patience's whereabout when she left last year. You didn't praise 'em...now that they hinted you again, u're lambasting 'em. Do you know that her trip would be on tax-payers money?

If that's all you can see on this issue, may God save you.


Frawzey

dayokanu: Is it possible to put all the parts of a Boeing 747 in a garage and a tornado ran through it and assembled a Boeing?

That's the chance of the big bang theory

Abi o. Big slam theory indeed.

One thing that I've come to realise in this world is that the truth is hard to find. When we read a book of history, biography and invention, how sure are we that the author said the whole truth? From the Big Slam (lie) theory to World War 1 & 2, even Achebe's There was a country - all these writers don't say the whole truth. Its good to read these books with an open mind. That's why there's fiction and textbooks .

Only the Bible stands the test of time! Still the most sold book in the world with the whole truth. That's the only book I don't read with an open mind - I believe it and its been working for me. I'd rather die believing that God made the heaven and the earth than calling myself an evolved being because one scientist who couldn't de-mystify death said so.


Frawzey

Crap! Crap!! Crap!!!

The greatest lies come from these scientists.

God knows the number of times they said the world would come to an end, yet they have died and the world still remains.

Lastweek they also said that a large mass was moving in the direction of the earth and that it would destroy the earth by 2036. Big lie!

If they wanna prove themselves, let 'em create phones, cars, jets, drugs out of nothing. I mean all they have made in this world was manufactured from what God deposited in the earth! Yet they would say "the dikes and molten magma brought themselves together to form blah blah blah" - confusing us with scientific terms.

Funny enough, they may come tomorrow to say "Hey we just discovered that all neanderthals evolved from West Africa, specifically Nigeria". Some goons will swallow it! Just like they said the world was once flat...and now its round. Shior!

Listen, my DNA doesn't contain any iota of neanderthals. Its 100% human. I didn't evolve from any anything. I was made by God. Only the offspring of evolution will believe these lies!

Neanderthals ko, New Zealand ni.


Frawzey

Wenger go be socialist like Francois. E dey use fans money to service the entire club. See him life. Shior.



Frawzey

Freiburger: Arsenal must now prove what they are made up of, one goal will do the fans some good.

Made up of what? This empty team? Tah! Only a penalty kick can save their ar.se. "WengerSell' disease has eaten deep into the team.


Frawzey

Kompany just acted like Gattuso. Deserves red!


Frawzey

No Kun Aguero and Yahya Toure, yet Le Ar.se is getting flogged like this!

Na wa o.



Frawzey

When you die, it will not be because you are sick, but because you were alive. - Seneca

Very deep! ! !



Frawzey

Lol

She Understands Don Ayox2003 Now


E N T E R

Nobody ever gets drowned in his own sweat - Ann Landers


Frawzey

Oh! Fellis Texts Every Nairalander.


T E X T S

Like owner; like coach.

From QPR to this. Atleast he should have shared the game 50/50. Ba would have played 2nd half.

I heard Pep's ready to work. Owner would prolly be racking his head by now.

Who cares? Let him ruin the team.



Frawzey

Do not be afraid of moving slowly but of standing still. - Chinese proverb



Frawzey

The ultimate reason for setting goals is to entice you to become the person it takes to achieve them. - Jim Rohn.


Frawzey

iventi: I have actually come across recordings of harcourt whyte's compositions. Presently have bout 3 on ma fone. Download frm tubidy.mobi. Jst type his name in d search box.

Got some couple of songs from tubidy.com

Kenyan Paul Simons isn't there. He's a great guy too.


Frawzey

It is not because things are difficult that we do not dare; it is because we do not dare that things are difficult. - Seneca


Frawzey

Tolo2: Thank you so much for all your responses guys. Really appreciate. This thread is really alive and informative.
Ok, let me give more brief on my investment. I joined binary options trading a couple of months back and on some days I win all my trades, some days I get 7 out of 10, some days I win 2 out of 5, and on some days, like yesterday, I lost all. But I am a newbie, not a pro.

With this trend, I was thinking if I could pour in say 5000$ from my investors's fund, I could make an average of 10% profit daily. But cos of my experience yesterday, and as a newbie. I needed you pro's opinion from experience, if one could actually sustain profit in this business. What happened yesterday really shook me. Have any one ever experienced that and what do u advise in such situations.

Thanks for your opinion. I'll go thru the material for newbies u just sent to someone and learn some more.

Tolo, the main aim for any trader is to manage risk. If you can take a calcutated risk and manage it, why not? BUT NOT with other people's fund. U might be jailed, u know? So please grow your account first! Then you may add 20% every quarter as time goes. Sit down and do the math yourself and u'd definitely know how to get things right.


Frawzey

Soul searching and being pro-active.

Soul searching requires taking sometime out to think, meditate and excogitate on ur abilities. Most times, it requires that u make a list of those things you have done in the past with ease and happiness, or things that gives you joy. In short, reach out to your inner being.

Being pro-active involves putting yourself to work. When there's an invitation to join a band, to write an article, to join an art club, to join a sport team, to care for babies and so forth, dont lay-back. Give them your best shot. From there, u'll begin to find meaning in those "little" things.


Frawzey

I missed the NFP once again due to other commitments.

Have a lovely weekend.


Frawzey

Exactly what Seth Godin was saying in his new book, The Icarus Deception.

God knows the number of first class grads out there, unemployed!


Frawzey

Gold and Dow closed with 50pips each minimum TP.


See ya tomorrow.

NB: For newbies who would like to learn some easy indicators this year, on ur MT4, click as follows. Indicator > Volume > On balance Volume. Then read up some materials online with google on "On Balance Volume indicator" (OBV) and how to use it with trendlines. Its very easy.


Frawzey

musiwa11: joeyfire , by now you dont goodluck tell lies. where are you from. the moon or china. he cant get 20% of the vote.. he will ring it . there is no election in nigeria..

Prof Musiwa. Hahahahaha .

I hope he doesn't ring it. Elections are not wedding ceremonies.


Frawzey

kenniojo: AY Hapi New Year...
Abeg i need to ask some questions pls, i will like to ve your email or phone... 07069136243

I just call u now, u no pick call...0806000xxxx.

Optimisticgondy baba, how body and how ado? Happy new year bro. Thanks for the prayers. Amen.


Frawzey

JAkpayen: PLEASE HOUSE WHAT DOES SSMA MEAN?

I don't get u. Is it the SSMA indicator like EMA?

If yes, SSMA is just a moving average indicator like the EMA, DMA. The popular ones are SSMA 20 & 40.


Frawzey

Oh. Minimum TP reached on Gold.

Let's see what Dow's got.



Frawzey

cap28: i said - can i have examples of other AFRICAN COUNTRIES WITH THE SAME COLONIAL EXPERIENCE AS NIGERIA THAT HAVE MOVED FORWARD not asian countries, america and europe have a different relationship with asia compared to the relationship they have with africa - asia was given vast financial and developmental assistance from america after the second world war in order to prevent communist china from gaining control over those areas, japan was rebuilt with US financial aid, indonesia is a puppet state of america and it operates one of the worlds worst human rights records, have you ever heard of a country called east timor ? it is very close to indonesia and under instructions from america was invaded and its people massacred as part of indonesia's bid to expand its territory.

Democratic systems in indonesia were dismantled and a US puppet by the name of suharto was placed in office in 1965 and during this period he was given a list by the united states govt of people that should be rounded up and executed - is this the country you are holding up as a good example for nigeria to follow? would you like to live in a country where your entire family could be rounded up and executed by govt secret services?

Africa was designated as a a supplier of cheap raw materials and that position has not changed - why did france invade ivory coast ? why was libya invaded by NATO despite being the only african country whose standard of living rivalled those of many european countries, how come libya is now in ruins despite having no foreign debt



https://www.youtube.com/watch?v=yRf5T0GiefY

Keep passing the buck! I don't have the time to tackle you now.


Frawzey

You've got 12 fresh months to make a difference once again, START!



Frawzey

Who doesn't borrow? My concern is that the money be spend judiciously and a plan must be drawn for its payment. Because if GEJ doesn't win the elections come 2015, with all these debts, the next president will definitely be financially incapacitated.



Frawzey

Happy New year to everyone - dagr8, Arbitrage, sunwalk, teeboy, ufotuko, kenniojo, Optimisticgondy, meritdee, eddyhaze, Isaactolu and all.

We hope more people will join the train and make more money this year.

Have a prosperous new year and I strongly suggest that we check the Forex thread also. It may help when making decisions for those trading currencies cos I sabi say random walk don dey sweet una. Una com bone currencies.


Frawzey

My broker opens 7:am

Looking to buy Gold and Dow with 50pip each for first minimum target.

For those who would be trading the currencies, I suggest they get the direction of the trend first before making a trading as this day might be the end/continuation of some major/intermediate trends. For instance, EURUSD, NZDUSD seems to have a very strong bullish continuation from last year.

There is enough money to be made for everyone today!


Frawzey

5 New year resolutions for traders:

It’s probably pretty safe to say that there is no such thing as the perfect trader. Whether you have been trading for a month or a decade, there likely are areas of your trading that you feel don’t measure up to the competition. But that doesn’t mean you should just give up. “Strong traders often have as many shortcomings as weak traders, but they focus on their strengths and work around their shortcomings,” says Jamie Oschefski, director U.S. sales at Cyborg Trading.

With the New Year around the corner, many people begin to think of ways they can improve themselves in the coming year. To that end, we talked with some industry experts to get their thoughts on possible New Year’s resolutions for traders. Here are five of their top answers.

1. I will understand what I am trading

By far the most common suggestion given by analysts was to educate yourself and know exactly what it is you are trading before you even consider putting on a position. Even within the same asset class, products can have dramatically different specifications. For example, wheat futures may have different contract specifications depending upon which exchange’s wheat product you are trading. As new products continue to be created, taking the time to understand the product becomes all the more important.

Not only do you need to understand the contract specifications of what you are trading, but also why you are taking the trade in the first place. J.J. Kinahan, chief derivatives strategist at TD Ameritrade, says retail customers particularly often struggle with this aspect. “It’s good advice, but unfortunately not always taken. Retail customers will go into the stock world and trade a stock because someone at a cocktail party talked about it,” he says.

Instead, traders should take the time to understand the product they want to trade and the strategy they wish to employ. Travis Rodock, senior futures analyst at efutures, says this is all part of doing your homework. “Education and preparation are two of the most important aspects in trading. [Because] markets always are evolving, it is important for traders to educate themselves constantly about the tools and strategies that are out there to help them take full advantage of trading opportunities,” he says.

2. I will have a plan before entering a trade

Finding a promising trade is only half the battle. Before putting on any sort of position, it’s important to develop a plan for entering and exiting the trade. Having a plan in place before taking a position can help reduce the bad decisions you might make when a trade doesn’t go your way. Without a plan in place, Kinahan says it can be tempting to think, “This time is different,” but he warns, “The only thing that will be different is how much money you will lose.”

For Rodock, defined entry and exit points are a must for any trade. “Before entering a trade, market participants should develop a short plan that includes not just the entry point, but also a protective stop-loss exit and a profit goal exit,” he says. “Without predetermined exit points, it can be difficult to evaluate whether or not a trading opportunity presents an acceptable risk-to-return ratio.”

The most successful traders are the ones that know how to handle losses, Oschefski says. “The difficulty is not finding trading patterns, it’s executing them properly 100% of the time. Let your winners run and cut your losers short,” he says. “A trader is much like a professional baseball player — you can be very successful if you are right one out of three times.”

3. I will have defined loss limits

Losses are a fact of trading. Unfortunately, those losses can come in a string for any number of reasons. Maybe the market just has been going against you, or maybe it is time to reevaluate your trading strategy. In any case, knowing when to step away from the trading desk sometimes can be the best thing for your trading account. Having defined daily, weekly and monthly loss limits can help to keep you trading for another day.

Rodock echoes this and says defined loss limits can keep you trading when others have been pushed out of the markets. “While it is imperative to determine the amount [you are] willing to risk on any given trade, many traders neglect to set daily, weekly and monthly drawdown levels. These longer-term risk levels can serve as excellent indicators that it is time to stop trading and reevaluate your trading system and plan,” he says.

This largely goes back to having a plan in place. By deciding before a situation presents itself what you are going to do, it can make it easier to do the right thing, even if you may not want to do it at the time. Remember, “this time is different” usually isn’t.

4. I will diversify my trading portfolio

Almost everyone knows they should trade a variety of products to diversify their portfolio, but defining “diversify” seems to be tricky for some people. At its simplest, diversification means trading two or more uncorrelated products so that if one does poorly, the others typically will excel.

Kinahan illustrates this saying, “If I trade Exxon, then trading BP is not diversifying; if I trade 10-year notes, then trading five-year notes is not diversifying. It’s really trading something that’s in a different sector.”

An important aspect of diversification to remember is that it is not something you can do one time for your portfolio and never worry about again. Events in the world affect markets differently, and there are times that correlations between markets can change. A number of examples of this can be found, and “Strange bedfellows” (below) shows one instance when gold and the U.S. dollar, which normally are correlated negatively, developed a positive correlation in 2010.



5. I will start by paper-trading.


No, it’s not the same as trading real money, but paper-trading exists for a reason. Whether you are just beginning to trade or you are an industry veteran who wants to test a new strategy, paper-trading lets you work out any kinks in your system before laying any money on the line.

Additionally, if you just switched platforms, Kinahan suggests paper-trading first if for no other reason than to learn the mechanics of the new platform. He lists a number of questions you should resolve while paper-trading before making an actual trade: “How do I place the trade on this platform? What am I looking at when I place this trade?”

Of course, Kinahan is realistic about what paper-trading can teach you, as well. “If you have success in paper-trading it does not mean you will have success in real life — they’re different because there’s no emotional component in paper-trading,” he says. Nonetheless, it serves a purpose.

Onward and upward

Every trader has something he or she can work on to improve. We presented just five possible resolutions for you as we head into 2013, but if you feel you have a good grip on each of these, that doesn’t mean there isn’t another area in which you could use improvement. Whatever your trading resolution, just don’t be part of the 30% of people who make a New Year’s resolution and break it within the first two weeks.

Culled from fxstreet.com

NB: Paper trading means Demo trading.

dagr8: Oga AY...I want to see more of u dis yr abeg...and also in BOM thread

Dose fundy tins and candles stick magic dey sweet mi....i learnt abt Hammer and Engulfing pattern 1st frm u...

Dagreat, all the oga oga na him dey chase me comot. Lol.

Really, Ayo is Ayo. Well, I'll be around this year by Gods grace.

By the way, I love your signature... And the previous one

Have a pocketful of sunshine!


Frawzey