₦airaland Forum

My GN hit stoploss after I failed to set it to breakeven. Your entry strategy may make the pips but your exit strategy keeps it.

samfelly:
The boss don talk say no amount of, 'I use orunmila to beg you, sir,' go work o. Him don already stated that ONLY active members from this May till when him go announce the commencement of the competition go partake. Anyone that comes afterwards are Locked Out, while participants are Locked In.

Till next one . . .

That is true. He said that. All that remains then is the announcement. Good luck to everyone in advance.

CaptainJune:
I misread GN price action. It is bullish. I am waiting for a clear breakout to open a buy position.

It is good to stick to one's analysis, in this case, my earlier analysis. GBP is meant to be rising but I was seeing a persistent sell signal in GN. I re-entered with a sell position. In profit now. The GBP red folder news actually messed up my entry.

I misread GN price action. It is bullish. I am waiting for a clear breakout to open a buy position.

CaptainJune:
Like Nzechu, I am in a USDJPY sell. Entered on Tuesday. Just opened a GBPNZD sell. Hoping the red folder news of today will not mess up my GN sell.

GN trade hit my sl. Should have exited earlier but busy.

nzechu:
thank you

FundedNext, already has lotsize rule for their 100k competition, we can adopt it. There is no need to tailor it down to a 10k type of competition.

You can't HV more than 5 positions opened at same time.
You can't trade more than 3 lots on gold/induces and more than 5 lots on currencies.

We can adopt these rules.
With Thier dashboard you can read all the competitors trades. They only HV to register before the monthly competition

Actually, it says the competitors cannot open more than 5 positions of each asset at any time. This means a person can open 5 lots of EURUSD, 5 lots of NZDUSD, 5 lots of CADJPY, 5 lots of USDCAD, 3 lots of XAUUSD, 3 lots of XAGUSD. As long as the trades don't breach the daily or total drawdown those trades are within the rules. This will not work with the kind of money management rules that will give equal opportunity to every competitor.

Besides, many may miss the opportunity to register for a fundednext competition, and we know that on many occasions Infofirst allows late entry on very good reason which FN's competition does not allow.

These two reasons are the only things that make the FN competition entry unfit for the kind of flexibility and MM rules for which nairaland competition is known.

Like Nzechu, I am in a USDJPY sell. Entered on Tuesday. Just opened a GBPNZD sell. Hoping the red folder news of today will not mess up my GN sell.

Slimtuns:
It's Monday again, let's keep the spirit high 💫🏌️

Congrats. More wins, bro.

Alexas58:
This is painful in this business

Really painful and annoying. Audio breach of terms was an excuse to terminate his account.

Petah:
which will be cumbersome. Loom at the last hosted competition.

True, but options are not much. We have to use the one available even if not desired.

samfelly:
That means we go dey monitor every traders' trade, each day in order to filter out those who hit daily dd, if they didn't come forward to owe up

Lol. Being honest should be one way to reduce the stress of the host. I don't know much about how Darwinex operates but it is another good option of demo account for the competition.

samfelly:
That their trial account is only 14 days duration. We cannot do cut-and-join like 001 of FTA2025. Will be too cumbersome to say the least.

The one thing close to fxblue that I saw requires money to set it up. We can't afford to give them the monies chief Infofirst wan take support a cause. Lailai

Lol. That is true. May be we can open a demo account for the competition with $10,000 or $1,000 and link it to myfxbook. We can share the login details with the host of the competition so he can easily view the trade analytics. What do you think?

samfelly:
@EVERYONE, since the boss needs 200 pages before this competition can began, lets discuss.

If we are to run this competition, what do we use - in the absence of Fxblue Traders' Competition platform? Let ideas from everyone pour in, please.

CC: Infofirst

I think ftmo trial account should be okay. A suggestion.

Donsheddy:
Ajeh, even Fourth term self...

Seconded and thirded

infofirst:
Na why I hum o. When we reach 200 pages, we get a competition. 10k reward ftmo prop acct for 3 people. 10k funded next for 2 people by God grace. It might be more depending on the spirit and how every dey go by then. But that will be minimum reward. Only active member will participate.
No fake pages.
FTA na our origin. Telegram na back up.
One must not affect the other. We will continue to run both but FTA must not collapse as long as Nairaland still dey.

Wonderful packages for the lucky people (I hope I will be among). I think you are the head and shoulders of this thread. I loud it with you that FTA is our origin. Telegram is very important for those times when nairaland goes offline, but this is where our dear forex trades alerts was born. Boss, may your resources be replenished twice more than they are spent.

Donsheddy:
Ajeh... Telegram felt odd and strange... Like I left my home to settle in another mans kingdom

Well spoken by a true FTA permanent resident 👏🙂

russy1:
yes o, it will be 100pages soon

Very true but the FTA I know should be around or more than 300 pages by now. Even then, any increase in participation is welcome.

Good to see activity returning to my favourite thread on nairaland.

BTCproMax:
I can relate though... E no easy abeg 🤕

Oluwa no go shame us...I pray 🙏 we all make our family proud...

(This energy from money too get voltage ⚡)

😆😆

Slimtuns:
Woke up to this from maven....

Never stop and keep trying, God is in control 🦾

Alhamdulillah 🙏

Congrats, man. More on the way.

El-Rufai is not wasting any second to convince his newest sponsors he still wields relevance in politics.

Why was he silent during Buhari's maladministration grossly characterised by corruption and tribalism? If Tinubu had thrown him a juicy bone of ministerial appointment he would be rapping his praises like Busta Rhymes like he did Buhari when he was governor.

Tinubu's administration is so bad and stressful that babies and toddlers feel the impact. Second to none in the statistics of the worst performing administration in Nigeria after overtaking Buhari's eight years economic slide in less than three months of assuming office as president. A record holder and breaker for the most terrible government in the history of the nation. However, coming from El-Rufai, a religious bigot and one of the wheels behind Buhari's economic and democratic dictatorship, it sounds like bubbles made from a person drowning, clutching at a straw...any straw of relevance.

Talk about having a bad hair day in forex. Knowing the direction is not enough. You must be lucky that the market does not grab your stoploss before heading towards your direction. Twice now today on EU. Still in buy mode as buyers seem to maintain dominant momentum against the bears.

I disagree with @chartswithmax on twitter. Discipline is as important as an edge.

crazymommy:
He is a useless and irritating scammer

Why are you pointing fingers at anybody you think is the so-called deflover? Post proofs Alexas58 is the scammer rather than accusations. No right-thinking mod will take action against anyone based on mere accusation. If it happens you are mistaken on the identity of the scammer then an action needs to be taken against you for harassment.

Happy birthday to my favourite actor, Chiwetalu Agu. You blessed our screens with unarguable superb performance. May your days be long, crowned with fulfillment and joy. Age with grace, sir.

Alexas58:
Alexas58 contested and didn’t come out top 5…

He couldn’t compete with the top traders in the room

He gives regard and respect to those who are better than him, and wishes to learn one or two from the winners, who have exhibited extreme discipline and great trading skills
Note: alexas58 never disqualified from the competition, he played till final week


What a shame, he couldn’t come out top 5


Trade and think like a champion ✊

You place too much expectation on yourself. Thanks for hosting the competition and congratulations to the winners.

Acekidc4:
Na Tinubu dey there, e lo fokan ba le. Massive Success is coming, i can feel it.

Massive success onto generated revenue but massive failure onto per capita income and cost of living. Impoverishing the masses is what you call massive success.

The Nigerian justice, executive, and legislative entities have proven their deficiency of function over and over again. They are only good for the dustbin as waste products. 5000 murderers now walk free thanks to this inept and cluless government.

The op is a biased, tribe-hating warlord and champion. Any form of reasoning you exchange with him will simply amount to a colossal loss to the giver. None of his 39 topics condemned the corruption prevalent in the economy but he is here pissing all over Kemi Badenoch's comments as if she is any slightly bothered by the buzz of a fly thousands of kilometers and continents apart. Worse, the existence of Peter Obi vying for the seat of the presidency gives him sleepless, joyless nights. The need to speak against Peter Obi has stolen his purpose for living. If there is a cure for misplaced priorities the Op needs it asap.

Alexas58:
Check your details

Not logging in

Apologies about that. I have edited my details with a working password.

My fundednext details

Login: 78344105

Investor Password: mgjBD59##

Server: Fundednext–Server4

TradingGod:
Dear FTA family

I want to extend my sincerest apologies for my recent behavior, which was unacceptable and hurtful to many of you. I let my pride and ego get the better of me, and for that, I am truly sorry.🤦‍♂️

My actions were unacceptable and disrespectful, and I'm deeply sorry for any hurt, frustration, or disappointment I may have caused. I am deeply regretful. 🤧

I'm committed to self-reflection, growth, and making amends. I hope you all can forgive me and that we can move forward together. Please accept my deepest apology.🙇🏾‍♂️

Moving forward, I wish the participants and the organizers the very best for the upcoming competition. 👍

I am ever grateful for knowing you guys early in my forex journey and I pray that we all achieve great success, learn from our setbacks, and continue to support each other in every step of the way in 2025 and beyond 💜


Yours Truly ✍

Okay, but the question is why the apology to begin with?