₦airaland Forum

Poorly informed youth minister, please tell us the minimum wage abroad as well.

Dannyset:


You will see tears on this thread when it gets to the front page.

A lot of people want miracles and magic to happen within 2 years of this government despite how the country has been brought to its knees for years.

This government will get it right and turn things around for good.

Tears is allowed though.

What tears? Typical APC strategy to seek praises for the slight repair of something they absolutely destroyed when they met it in good working condition, or, at worst, was in better state of affairs when they met it. Keep deluding yourselves. Every slight ₦5 strengthening of the naira you begin singing the praises of Tinubu and mocking his critics, but refuse to admit he made the naira so weak that ₦50 and ₦100 have lost their purchasing power, and you are here celebrating a ₦5 gain but keep mute when it makes hundreds of naira loss. Typical delusion at its peak.

Belated but happy birthday, Infofirst. Wishing you glorious days ahead.

blackman007:
Omo this is a PHD level kind of theorem, I like this response and the way you breaks down everything for my little brain to assimilate, indeed there are men of depth on this forum, thanks so much sir, I really appreciate your input, I’m very sure curious and knowledge seeking traders can gain one or two things from this insight…

No sweat, bro. Always learning from each other.

blackman007:
Between leverage 1:100 and leverage 1:30, which one is better, I wanted to buy FTMO those are the two leverage they offer, someone should please shed more light on this topic

It is all about exposure to risk. Leverage 1:100 will require less margin (amount of money) to open a position but that means the capability to open multiple positions at once exposing you to greater risk. With 1:30, you will be required to deposit higher amount of money to open a position. This will make it very difficult to open multiple positions to reduce your risk of exposure to losses. Why do you think the U.S made leverage 1:50 compulsory for US brokers? It is to reduce risk of losses.

For example, you may have $100 in your account and still be able to open a position with leverage 1:100, but with leverage 1:30 the platform may tell you insufficient funds to execute a trade (just an illustration, not exact figures).

APC mindless supporters will be cheering this meatless report like hyenas. The strategy of the APC led government is to destroy the existing profitable infrastructure, worsen those that need improvement, blame the previous administrations for their cluelessness, make pretentious and half-witted attempts at restoring the economy they destroyed without remorse, praise themselves for the audio improvement they have achieved knowing they will be applauded by their thinkless, mindless supporters with Reno being the chief mindless supporter.

No judgment here. Rebuild your life with the bricks of integrity and honour. Future is still bright. And future scholarship holders or international travelers take note.

Of course, the Northern elders and elites have been deaf since the massacre of Benue people began. The evil Tinubu government as well. Let the case be reversed and see Arewa, Northerners and this bigoted and prejudiced government swing into full action as they spare no resources in fishing out the culprits.

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.