₦airaland Forum

Donsheddy:
Initial 10k account is now above BE currently 0.78% in profit....

While 6k account is currently 3% in profit

Slow steady win the race.

infofirst:
Patience pays.. This was the plans but a promo showed up and $5k is now $10k.

@mystiquefia, @tradinggiant @sampz..hurry before it is over.

@maventrading is having a promo for $10k at just $50 with promo code MFL

More blessings big boss. Jazaks

GabsonFX2:
Gold outlook for Swing Traders ONLY: Confirmed in the ranging band.

I have stayed aside since last week and today again, waiting for that push, until then, I keep waiting......For now, still staying aside.

600 - 750pips in view.

You're welcome back big boss.

Motivation

yetown:
UPDATE…

EIGHT ( MONTHS ROAD MAP TO CONSUMMATETRADER $200k FUNDED ACCOUNT

*Phase 1: Buy $5,000 account for $49
Date: 10th April, 2023
Status: Done✅

*Phase 2: Pass verification phase for $5,000
Duration: 2 months max
Date Completed: 56days (01/05/2023 - 26/06/2023)
Status: Done✅

*Phase 3: Make and withdraw over 20% of $5,000($1000)
Duration: 1 month
Propose Timeline: 27/06/2023 - 27/07/2023
Status: Done ✅

*Phase 4: Buy $50,000 for $269.10
Date: 27/07/2023
Status: Done ✅

*Phase 5: Pass verification phase for $50,000
Duration: 1months max
Propose Date Completed: 28/07/2023 - 31/08/2023
Status: In progress…

*Phase 6: Make and withdraw over 12% of $50,000($6,000)
Duration: 1 month
Propose Timeline: Pending…04/09/2023 - 29/09/2023
Status: Pending...

*Phase 7: Buy $200,000 account for $979
Propose Date: Pending…02/10/2023
Status: Pending…

*Phase 8: Pass verification phase for $200,000
Duration: 1months max
Propose Date Completed: Pending… 02/10/2023 -
Status: Pending...

*Phase 9: Aim for 10% of $200,000 per month

Make I keep this template. Luv it. Thanks

infofirst:
Both trading strategy and trading psychology are important aspect of successful trading. Both forex trading strategy and trading psychology are critical to successful trading. A well-defined trading strategy provides a roadmap for making informed decisions, while a strong trading psychology ensures that traders can stick to their plan and manage emotions effectively. Traders should focus on developing both areas simultaneously, as they work hand in hand to achieve consistent and profitable results in the forex market.
Trading psychology covers more % than strategy but that does not make psychology more important than strategy. Trading psychology alone is not enough so also is strategy. So if each can not stand alone to guarantee success. It then means that both are important. There is no psychology without strategy and risk management. And there is no strategy without risk management and psychology

Need to safe this for future reference. Thanks, this summarize the whole thing.

And I believe the more "conscious" experience you have either thru backtesting or forward testing (thru demo or live or prop challenges) the more you refine both especially Trading Psychology, the better you become each passing days having more confidence in your strategy.

It may be onerous journey but it worth all the effort because, the reward is FANTABULOUS!

Happy weekend @all

dmahn:
Nope.. You failed to make it in the business and that's why you stopped, and then you start to look for excuses to backup ur failure.

Working in the bank..... Haram
Working with breweries... Haram
Working with credit union...Haram
Music.... Haram
Movies... Haram
Photographer.... Haram

Islam isn't a wicked religion and you guys should stop sending people out of Islam by condemning almost every....

Eating of pig is Haram in Islam too but Allah said if you get to an environment where what they only eat to survive is Pig, You don't have a choice but to eat it at the moment for your survival

Before any work comes the intention, and you will be rewarded based on your intention.

Our intention here in this business is survival in as much as what we do in the business doesn't harm anyone... Allah is the most forgiven. Allahu Alam

Asalam aleikun

You've sum it up bro. I hardly listen to most of those claims again. I just do my thorough research on any contemporary issue and I choose the best out of my knowledge.

The new things in vogue is bidiah....they will just be throwing unnecessary fatwa here and there without understanding divine wisdom in many legislation to formulate correct qiyas. Just like the example you gave and even coming up of Islamic account/swap free some will still be casting aspersion on fx.

I had similar experience, a friend who after being hit hard by fx came to same conclusion the last time we met. I just laugh and excuse him.

infofirst:
Who is in this group?
If he can, mehn, how much more small fish like us. Learn frm others

Wow! Some even believe that this guy cannot loss al all. His winning is just too exceptional.

This show that we lite traders shouldn't feel bad much when we loss either challenge or funded account but rather learn from it and aim higher.

I am been following him on his new 365 days training on YouTube started a day before yesterday. This is another worthy lesson from one of elite trader.

Mean reversion strategy is NOT worth it. Most money is lost going against trend.

Donsheddy:
Day 1

Time for serious business, we keep grinding....
Gbpusd sold this morning.....


Entry 1.30812
Sl 1.31272
Tp 1.29872

Rr 1:2

Pls this not a trade advice, but just to optimize your trading entry point because I see that more often than you always got the direction but the at times is too early.

Pls on a demo account try after you're about to place your trade take a look at stoch (12,5,5) and make sure that at least 30m preferably h1 chart is at overbought or oversold position before going long or short respectively. By so doing it will further improve your timing and entry accuracy. I think it further improve your strategy going forward.

Again wishing you very BEST.

Donsheddy:
So i dey happy like this, i got a 200k challenge with fundednext, courtesy a good sammeritan......

The deal is to split profit with this individual whenever i pass the challenge.....

So i will take a break from my current 10k account and also the giveaway account i won and focus on this one...
Giveaway account is currently 0.2% in profit.....

I will still post my trades here as usual...
Posting my update here don really really help me curtail over trading and gambling habit ive been struggling with.....

Thou battling D.D but 4 weeks and still 0.9% in DD is a huge progress based on past ways.....

I will focus on hitting 100 pips every week...

Wow! Wishing you all the best my bro. You will scale thru God willing. I am really happy to see this. Slow and steady win the race.

All the BEST.

richgen:
The adrenaline in me is always pumping every time I trade because I daytrade
the indices: Nasdaq and Dow. The rush of emotions is always there.

Like today, the ugly monster of greed crawled out which I refused to send away
and I lost all my profits for the month and lost the comp account. I was already done
with trading today o after my partials of profit was taken and the trade closed in profit.

But what later went wrong?

I didn't close the trading account app like I always do, I glanced at the chart one more time
feeling good with myself and I saw another opportunity to make more which is not
necessary according to my trading rules but I ignored and went bunker by entering
with higher lot in multiple positions and within a twinkle of an eye huge drawdown
appeared and the account is gone even with my stops in place.

Just when you think you're in charge of your emotions, you slip up slightly and you get
screwed.

Conquering self is the biggest and hardest work we must do in order to really fly high
in this industry.

Do I feel bad? Yes, but just to scold myself for slipping and that was it.

I'll go again and again and again and again until I get on top of my game.

I hope this helps some of us here.

Haba...Sorry for the loss.

If there is anything i have learnt from Limitless Nouman so far is his ability to WAIT for the right setups. Hit market hard and escape into thin air till another weeks or month lol.

We just need to choose our battle/trades wisely and go for the kill when it happens. But adrenaline no gree allow person lol

infofirst:
I agree with your style to trade the challenge account the way you will trade the funded. And with unlimited time limit. There is no excuse to rush it. But the andrelanine mehn. I don't know how that thing dey happen. It is in all of us

Man is made of haste(impatient)...Q21:37

Is every human natural and innate disposition, which we just have to bring under control.

Mystiquefia:
A time is coming where Prop firms will be giving evaluation challenges for free Like MTN were practically Hawking Sim Cards for free on our streets to outdo other network providers.

We just need a Mark zuckerberg to spoil the market for the others.

Lol is moving there gradually. All these giveaways is prelude to that.

I was thinking one time that with all these giveaways, what would be become of these coys but sincere not many people are passing those challenge giveaways especially due to time constraints. Even veteran hedge fund managers dare not achieve that target in a month.

TFT don reposition themselves better as regards unlimited time too. Applicable to all their challenge now. Wow!

FEAR of losing customers is the beginning of WISDOM. That reminds me of MTN sim card and per billing stuff. Glo shattered everything and MTN quickly readjust sharp sharp. Look at MFF now they no want lose customers

infofirst:
Die keh.. They will adapt asap. What are you talking about... The industry standard is no time limit. Unestablished or upcoming firm will struggle. Be careful before you join any prop firm that just launch after today o

Wow! It can only become better by the days. This is good news for genuine traders out there. No more excuses.

We fasten our belts and do the needful going forward. I see more traders getting funded soon God willing.

Emmizay12:
MFF has been left behind

adapt or die!!

Once there customers base start to deplete and no more revenue from failed challenge, my guy will fall in line sharp sharp.

I love this competition is really helping us traders by focusing more on our strategy dev/implementation without worrying much on time pressure and unnecessarily forcing trades.

Exciting days ahead.... FTMO finally announced the UNLIMITED TIME challenge. No more pressure guys.

kendoschurrle:
Phase 9
I never see reason to move to phase 10 unless props begin fail. Make I dey save first

FTMO wan join no limit after dem don form no shaking tire

i don keep their money down and I dey wait MFF too

FTMO has join the NO TIME LIMIT prop firm? Any official statement to that?

infofirst:
Which stage are you in prop firm journey?
Phase1: Struggling to get a challenge account
Phase 2 : Got a challenge account
Phase 3: Trying to pass a challenge account
Phase 4: Funded but not yet pay out
Phase 5 : Funded and blew the funded acct
Phase 6: Funded and withdraw
Phase 7: Funded, withdraw and blew the funded account
Phase 8: Funded, withdraw, and withdraw and scale up
Phase 9: Acquiring multiple challenge accounts and funded and withdrawals.
Phase 10: Loading personal accounts with profits from prop firm.

Wow nice steps. I dey 3 , blew phase II account twice back to back.

I hope to reach 6 on or before December inshallah Allah.

Donsheddy:
Trade Closed Manually With 36 pips profit. Recovery Mood from yesterday mess trying to be flexible, gu already almost 100 pips move on the bull side today so it's better i play safe... Something I've refused to do ever since and have paid dearly for it

Experience is the BEST teacher. I love how you incorporate this sort flexibility into your strategy. There is no absolute full proof strategy but we can always refine our edge for better, even JM Simon does this

Market is extremely dynamic and we must try to adapt and readjust ourself to its tune.

Wish you all best bro.

infofirst:
Prop firm is FUCKING life-changing (especially for undercapitalized traders who think they can flip 10$ to 1 billion, to build real trading habits, skills). Period. No DEBATEABLE. Whatever nonsense you saw on anywhere on this planet, it's BS perspective or they never been through hells.

You gotta focus on your trading skill, that's it. All the drama is nonsense, prop firm takes a lot of risk on whatever book they're using, A book B book facebook fuckerybook, anybook, the risk is bigger than you thought.

Final message: Focus on your trading skillset, it's all that matters. Prop can come and go, but your skillset, won't ever leave you.

A new week is coming, let's get it.
Love & Gratitude
Imperfect Trader

EOD thanks big boss.

realone12:
finally TFT has just given me the 25k account.. I can't express how Happy I am.. may we all members of this thread get funded and succeed this Year..

Ameen.... Congratulations!!!.

Abeg trade cautiously that 1 step trailing stop is a deadly trap o.

Stay blessed

zedegit:
What of MFF and Maven?

MFF no news restrictions also but not sure of Maven but they're also very flexible as well. So I doubt if there is such restrictions.

As regards your initial observation almost all the prop firms are guilty of that on the 1 step challenge as alot of people have pointed out.
The near culprit on this on 2 steps challenge is MFF not MFFX because of their equity based on roll over.

Assuming you have floating profit of 5k during roll over with your balance still at 100k. If you lose that floating profit after the roll over your account is automatically gone due to violation of daily DD whereas for mffx you will have to lose 10k before violating daily DD. Also if you have like $110k as balance in mffx your daily DD will be 6k (5% of $110k) unlike FTMO or mff that is static (5% of initial balance of 100k)

karkinase:
That MYfundedfx just came to scam ppl with no time limit. Me no too like them from day 1 . The next better one after MFF and Ftmo is ThefundedTrader

You're mixing it up. The bro is talking about TFT not Myfundedfx. And myfundedfx remaining the best in their rules flexibility except max DD at 8%, every other thing the beat FTMO,mff and TFT hands down.

Again, myfundedfx is more transparent than other prop firms, given out details statistics about their traders even than mff that started. They made video detailing prop firm operations. I don't know how you arrive at 'scam' label for myfundedfx

karkinase:
Na nonsense .. that’s why MFF and Ftmo will still be true go to prop for people..

FTMO also have same rule on news.

samfelly:
Lol, no bi new thing naw .

Limitless_Noman too dey enter drawdown. He only better pass me, cos he scaled out of his drawdown. I go soon become pro

Lol...I don follow you chop dq also. Its part of training which I am quite enjoying every bit of lessons received from it albeit painfully.

You're right Limitless-Nouman nearly violate daily DD yesterday when it's trade entry drop like 10pips on 40 standard lot before going up and hitting is tp making 10k in the process.

I like the guy gut and his approach to the market. I have been following him since big boss inforfirst made mentioned of him. It real SNIPER trader I ever see.

samfelly:
I can't download from pdfdrives again. And this, z-libray, seized by the-powers-that-be.

Abeg, who know where else I can download books (pdf and epub formats) for free?

Check library genesis.... libgen.rs

Donsheddy:
DAY 4....

Still on gu wahala usd and eurgbp no just wan align....
This week don show me shege......


Still bought gu today....

En 1.27552
Sl 1.27092
Tp 1.28492

Rrr1-2

Don't fret, a time is coming you will do GU wotowoto back to back. Just be focus and dont get emotional with it, you will eventually make it to profit target.

It's no easy but persistent and consistent pays at the long run.

Stay blessed!

Donsheddy:
Yeah bye

Lol... You put him where he belongs, scammers everywhere.

If he holds the magic wand to pass prop firm challenge, he wouldn't be disturbing you in your space for a cheap fee for his service. And the worst still, he's showing two trades as trading history as an evidence.

Please focus on your project and don't ever bother replying such people again. Don't let them derail your exciting thread. We dey gbadun you.

greatcheer:
God be praised.I Thank you all especially @Sam for creating this thread.
20percent reached

Congratulations our amiable madam/lady forex.

Donsheddy:

THIS MATTER NO EASY... I FEEL ITS TIME TO TAKE THIS TO ANOTHER LEVEL ALL THANKS TO ONE OF OUR BOSSES HERE THAT HAVE BEEN SUPPORTING ME AND HELPING ME WITH MY TRADING JOURNEY AND GROWTH...


Report after 5 Weeks...
Week 1 - 2.1% profit
Week 2 - 1.8% profit
Week 3 - 0.88% loss
Week 4 - 0.72 profit
Week 5 - 1.67 profit...

Total - 5.38%

Now ive gotten some level trust in the way i trade....
I noticed my biggest problem was over trading and not sticking to rules.....
Thats why i started this journal here that way i won't deviate.....
And have accurate record since i know the world and my bosses are following me up.......


Next Week i wil start my journey with myfundedfx.....
I will post screenshot of my starting balancing and closing balance everyday...
This will help me to remain decipline....


I will reduce my risk per trade...

I will be using 0.04 lots instead of 0.1...
Which means i will start by risking 0.19% per trade .....

Since the account is unlimited...
Im not rushing against time....

Any day i reach 2% i increase my lot size to 0.06...

Journey starts on Monday

Best of luck bro!