₦airaland Forum

abham:
You can actually use the 0.01 on assets that have a minimum of let’s say 0.3 for example.
The lot size you will use will be 0.31, then when you go to close the trade, close 0.3 and you will be left with 0.01.

In the photo attached, boom 500 minimum lot is 0.2 but I opened a sell 0.21. Where the blue cursor is with 0.21, clean the 0.2 and you will be left with 0.01.

Thanks man. Needed this

Geovanni412:
Not so much....If ya stop loss is that 10 points or say 20 pts, you may lose less, it all depends on the fill

But to avoid stories that touch, look for sells on crash indices and buys on boom indices.

Yes. Realised I probably wouldn't have lost that much yesterday if I had used that 10 points you recommended yesterday.

Seems if your stop loss is too tight when the spike comes, deriv won't even bother to calculate your actual loss, they'll just take the margin. Smart guys

Hey guys, how about we keep the synthetic traders thread alive?


https://www.nairaland.com/6901075/synthetics-traders-thread

Geovanni412:
H1 ...you'd have to understand price action to make it work .

Some will be traps and you may not have any trade for hours

For crash 1000, nothing agst it just that all ya sweat can be wiped away with one loss unless ya trading is for crash on crash 1000 and so on.

I kind of discovered something, I may be wrong though.


Margin. If you take a trade on crash/boom and a spike went against you but you have a tight stop loss in place, deriv will just take the required margin from your account.

The margin on boom 1000 is $6+ for 0.2 lot, which is similar to my loss after that gigantic spike


Had $10 plus almost $2 profit in the account, left with $5.88 after the spike. I had a very tight stop in place.


The other boom/crash have margin of $3 and below. Just saying.

Geovanni412:
It works the same way as crash and boom...

The system is based on the concept in the video I sent earlier ...for dex, the strategy is to wait for market to make two consecutive bars in one direction then go to lower timeframe like 1min and 5min.

Of course, you will check higher tf to consider probability and targets and overall direction. Once everything aligns, you're good.

Enter it...use like 13 point stop.

You will have better risk to reward on it. If you get above 1:1.5 or 1:3 sef, take some profit and let the remainder ride to your target.

In the pic below, my total risk was $1..if you do the math.

Ofc, not all trades are these successful but the fact that such a risk reward exists makes it worth trying.

You can't get this on crash 1000 unless you are willing to have a stop loss of 2points and to bear the underlying risk of market shooting past your stop loss and whatever loss you may suffer.

The two consecutive bars are from which TF? H1?

See the box area in the picture. Are you talking about something similar?


And please can you explain the bolded a little more?

Geovanni412:
@Crumbian,

Here's what can happen if you reduce stop loss to 2 points on crash and boom and it goes against you

Risking $1 on demo acct, I hedged a position by going short and long.

See the result below...market overshot the stop loss by a far distance

This is why I said for risk:reward reasons...dex index is better unless you decide to focus only on catching the crash in crash index and get a system for doing that only.

Funny, cos this just happened.

VeeVeeMyLuv:
Boss if you stay on and keep to the High time frame, you will not feel the impact of all these news releases at all

What?

Geovanni412:
It can lead to that depending on your stop loss.

If your stop loss is less than 10 points, you are at risk of that happening to you.

I'd suggest you go with dex indices, and compare it with crash indices on demo

Take trades both ways and see how the market respects your stop loss on both then make a decision.

I don't really get that DEX. I tried that 10 point stop just now, selling boom index. Had a spike around $1.40 but I'm now back above entry.


Thanks for the info.

Geovanni412:
I'll refer you to the expert on this---follow the strategy in the video:


https://www.youtube.com/watch?v=O7F7Ywbzg3M&t=605s&ab_channel=kingsfx

crash and boom is not best for risk mgmt of 1%

if you want that, please trade dex down and dex up indices...you can get lot size of 0.01 on that.,,same strategy in video will work

Thanks for the video, I really appreciate it.


I'm actually okay with the $2 risk, I'm just wondering whether it's possible those spikes lead to a loss bigger than that if you're counter trading (buying crash, selling boom).

Sleekfingers:
But una were shouting, sack rohr......

Which one be "una were shouting" now?

Nigerians no get chill at all. Any small nonsense laidis super eagles don turn super chickens.

Ah shit, here we go again, the super pieces of shit.

Geovanni412:
I'd say fund the acct with $20...

You can later on top it up to $100 once you understand their movements.

If you know what you are doing, your stop loss on crash or boom will be 10 points maximum

Say crash 500, if entry is 4288, sl will be 4278 max...

If entry is 4288 and stop loss is 4278...with size of 0.20, then your risk is 10*0.20 = $2


Tbh, you could use 5 points and it will still work but 10 pts is wide enough. Just don't go below the 5min chart for analysis.

These indexes work in a similar way as normal charts. Trying to find high of day on both currencies and indexes like crash 500 is suicidal

Focus is on buy below base and taking sell moves only if there is a breakdown in structure at key zone

Bros no vex abeg, I get questions.


1. Do you counter trade Crash/Boom? Have you ever lost more than the $2 risk while doing so? I'm asking cos those spikes can be very large at times.


2. At the bolded, Can you explain more? Especially when you said "buy below base" and I'll like to know what constitutes a breakdown in structure on crash/boom indices.

Thought crumb hunting a.k.a bambialarism was banned on this thread.

Fonjewel0:
The storage is 12i8GB and that's, really cool.

Indeeeeeed

Kaesyrn:
This is it...

So, how is it compared to deriv synthetics?

That Kirin 655 though. Even Kirin 659 is outdated.

moneymagnet:
Jump50 Index; Anticipated move📉
Daily Tf👇👇👇

You got telegram group? Drop link abeg

E shock una, shockn't it?

I know say the fanbase of one club wey Man City thrash 3-0 for their home ground no go like this result.


I no go mention any club name oo, dem sabi themselves.

CHELSEA, CHELSEA, CHELSEEEEEAAAAA!


Are You Not Entertained?!

DestinedForGrea:
Foot app o.

Can I get this football live HD on playstore?

Please post a picture of the app.

Search for it on playstore. There are many apps with the same name and same logo. Check the name of the developers and download the one by "Magica soft".


Or check https://time4tv.stream

Man City suppose tear us correct beating but Chelsea this season dey play well against teams that plays with high line.


Na those bastard low-block teams be the real wahala.

Angelfrost:
Sigh... All these Apps wey go dey show you game at 22 minutes draw, whereas in reality, one team is already losing by 2 goals in second half.

Haha, the lag is usually about 3 minutes for SD stream on Football live HD app.

membranus:
Download FUTBOL App. It is the best for watching all round football.

How much data does it consume for HD quality?

DestinedForGrea:
Foot app o.
Can I get this football live HD on playstore?
Please post a picture of the app.

Yeah, It's on playstore.

I'm not with the phone currently, maybe when I get home.

DestinedForGrea:
Please does anyone know any working app I can use to watch this game? The one I have is nothing but a data-sucking football app.

Football live HD. SD streams on the app doesn't consume much data. 400+ mb for a full match.


What's the name of the data sucking app?

2023MiningApps:
What? you think say I dey whine abi? Dey play. Ticket ID: 721826

I no doubt your punting skills bros. Just that 2 cut of 16 kind of relates to something I posted earlier.

Magnoliaa:
You didn't read what I wrote?


Somebody has my sexcapades history in his hands and he wants to tell the whole world. So I came to hear it for myself as well.

Interesting...


What kind of sexcapades are we talking about here?

2023MiningApps:
We had 85% win rate yesterday as only 2 games lost out of 16 straight win games... So we go again today, 20 games 60 odds.. MY FROM ME TO YOU... CODE D3541F9

Magnoliaa:
My madness? I didn't know my fame has spread this far.

You definitely are ready for it then. Will you tell your favourite superstar to not come and perform a concert in your locality because 'you're not ready?' I doubt it.

You'd be the happiest and you would find every means to get money and time to attend it.

Wiseone28, how far?