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Dmahn's Posts

Nairaland Forum › Dmahn's Profile › Dmahn's Posts

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Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 10:27pm On Dec 04, 2023
samfelly:
I just hope peeps no go dey confused.

Yes, a minimum of 0.1 is allowed. Boss finally adjusted it to 0.2 maximum lot size, but 1 position. to make many happy

And If you now prefer 0.1 lot size at 2 positions, fine.
Minimum of 0.1

Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 10:08pm On Dec 04, 2023
Samsung004:
Mr man. The grand rule says 0.2 max. My max opened position at a time is 2.

You can check it out by yourself ask for the investor password. Aside from the ones i called out here.

I usually open 0.10 or 0.05 then follow it up with the remaining balance.

Show me where i opened more than 2 position at a time mr man.

Please post with evidence. Other than ones i called out here. Please post
Chief why 0.05 in the first place?
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 10:05pm On Dec 04, 2023
Donsheddy:
Allot of users in that top 10 violated the rules...
Which was stated clearly....

Maximum position of 2
Maximum lot of 0.1.

If you decide to use 0.01 lot
Your position shouldn't be more than two at a time....
And info gave a reason for that rule which is to easily review the accounts...

I just went through Samsung guys account and he had alot of trade and flauted the lot size rule by using different different lot size and having more than two positions.....

Note ignorance is never an excuse
Nice observation chief... They will say its hatred, but is it really hatred? No it isnt! . No hates at all

The rules were clearly stated...0.10 minimum lots size and maximum 2 positions on any pair.. I asked if I could use 0.05 and the response was a No..

But now some people are smarter than the rule, using 0.05, 0.03 to open first position and using the rest to add to losing position

No disrespect to the real Gs that got to the top without panelbeating the rules 💪

But it doesn't make any sense to see some people bending the rules to win and some got disqualified already because they don't want to bend the rules... Everyone is smart enough to open 0.03 lots size at keep adding to losing position until it turns to blue cool
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 9:13pm On Dec 04, 2023
wuyexzy01:
Brother I think it's in a strong sell mode for now o
Hmn hmn.. I think the sell is a trap ó jàre... This is what I see b4 any sell should happen.. Let's wait and see sha cool

Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 7:19pm On Dec 04, 2023
Bought GBPcad again cry
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 6:31pm On Dec 04, 2023
dmahn:
Lets try this on GBPCAD

An agressive trader will instant buy at market opening as market might forget to come for retest. Instant buy will give a -ve RR so i wont advice it but we might miss out if the market didnt do retest , Conservatively if the market should do a retest, we will have a better RR and we can buy agressively. The blue Trendline is coming from the daily TF which gives us extra confluence
Gbpcad created a false move and I was trapped with a false buy breakout making me buy above my initial entry price.. SL hit... Now price has come to the initial entry plan, I will try another buy again. Todays close will determine if I ll buy or not

Art, Graphics & Video › Re: A Complete Guide Cartooning Using Photoshop by dmahn(op): 7:48pm On Dec 03, 2023
dmahn:
I am dmahn, An expert in cartooning of Images using Adobe Photoshop. I will like to assist anyone interested in learning cartooning and other aspect of photoshop like Editing, Removing of background using the pen Tool and other background removal tools. You can chat me up on 08163283854 personally If interested in the complete Video that will change your work Experience and you start earning on as a freelancer online or offline. The videos are not heavy at all. Once you have 200 mb you will download the Tutorials sucessfully. I can install the software for free if you are based in Ibadan, Oyo state....Chat me Up if interested
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 3:44pm On Dec 03, 2023
On Usdjpy, I will be watching price action as dey make the retest movement for an agressive sell. NFA

Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 3:21pm On Dec 03, 2023
Lets try this on GBPCAD

An agressive trader will instant buy at market opening as market might forget to come for retest. Instant buy will give a -ve RR so i wont advice it but we might miss out if the market didnt do retest , Conservatively if the market should do a retest, we will have a better RR and we can buy agressively. The blue Trendline is coming from the daily TF which gives us extra confluence

Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 10:12am On Dec 03, 2023
DXYY:
I still believe we might see further down side before the upside, will reanalyse at Market open today but currently am favoring a move to the downside.
Yeah.. Looks good for a sell. A consolidation has just broken downward, a retest should come and push price down again... However I'm more interested in seeing the retest fails. Price is currently testing a weekly uptrend line.. Fingers crossed sha

Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 9:31am On Dec 03, 2023
Davigle:
Oil, I am bullish on it but I would wait and see how Monday plays out, Monday's price action may confirm my bullish bias may confirm
A break above 77100 will make me long agressively and hold till 100 cool
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 12:48pm On Dec 02, 2023
kozmicity:
After tasting 7% in floating profits this week, just a few pips for Nasdaq to hit my TP, it reversed. I was able to spot the reversal not that late and close with just over 200 USD. My account was 4%+ and I decided to buy Nasdaq when it got to a zone, was going well... Then news happened 😁

Took my SL and put me at 2%+. I saw some other setups and on Nasdaq and set my limits, but because of PTSD I wasn't trading seriously since it was yesterday (Friday). I then deleted the limits because I had too many setups, I decided to stop trading Nasdaq and any other fast pair... Take it slow and just see the weekend without any major changes again. Plus I can only open two trades at a time.

GJ hit SL, EJ hit SL, UJ hit SL. XAUUSD in deep profits, XAGUSD hit TP, US100 hit TP, US 30 hit TP, GA in deep profits. (You can guess the ones I didn't trade on the competition account 😂😂)

No allow my laughter fool you, I am emotionally destabilized. I'll use this weekend to shore up and go again. Less than a month to the end of the sit up challenge and I'm barely 1% up.
You don't need to be chief .. Losses are part of the game. Go only for your A+ and low risk setup, Dec is enough to do 8%... Thank God you still dey positive, some of us here are just finding way to return the organisers capital and maybe if lucky end up with something 😂..
Romance › Re: What Is One Thing You Regret Doing This Year? by dmahn(m): 7:03am On Dec 02, 2023
Jennyclay:
I regretted worrying so much about finding a right partner this year. Nigerian men don’t worth the stress Abeg undecided. They are all the same abeg undecided

There is a lot to the world and life besides finding a partner. Life is not about finding your partner. It’s about finding yourself!
With all the rubbish wey u carry put for profile, you are not the right partner for any man here in Nigeria. Unapologetic feminist grin

Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 9:48pm On Dec 01, 2023
depato88:
Chai Gold at 2074
It didn't only fly, it left behind an opportunity for those who missed today's trade for re-entry. That guy dey go 2100. cool
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 6:36pm On Dec 01, 2023
Just when I tot I ended the week in a loss... Nzdusd TP hit ❤️

Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 10:42am On Dec 01, 2023
Shey I no sabi find setup again ni àbí na setup scarce 😅.. Only one trade setup for the whole week... The setup was even a trap.. Thank God for SL that tells me that I'm wrong and made me change my bias instantly... Some people will say its revenge trading, Is it really revenge trading? cool

Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 11:39pm On Nov 30, 2023
wuyexzy01:
Oga dmahn... who born me wey I no go use S.L. tho sometime na mental S.L. see dis one wey show S.L.
Nice one cheif..But sometimes your mental stop loss could be hit and you may decide to stay in as you believe it is only temporary drawdown. However, the price can keep moving against you untill margin calls making you loose more than you planned. No one is hunting your SL if placed rightly after confirmation...

Start using the real one sire... ITS VERY OK TO BE TAKEN OUT...
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 1:27pm On Nov 29, 2023
wuyexzy01:
Oga kozmicity see wetin eur/aud and gbp/aud dey do. I woke up to a big red this morning. I just jejely close ahm. Na half a milli dem carry for dis dry season wey dey blow for this naija.
Chief why don't you use SL? .. I've observed many of your charts, I've never seen your SL price on any.
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 5:16am On Nov 29, 2023
I nono if this screenshot clear or he no clear 😂... Na me be my enemy no be the market. Closed this trade prematurely b4 SL does.. Checking my chart history now, I found out price reverse almost immediately I stopped mysef out and has now hit both TP grin. I have done this twice on oil that was supposed to give me a huge +% on my Situp challenge.. Once I get this psychology right lasan💪

Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 8:48pm On Nov 28, 2023
samfelly:
You try joor. Close am before market go use your heart play Ludo grin
I don close am oo 😅... 10 mins after TP go Hit grin... Who cares.. I've done more than 1:2 already
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 8:00pm On Nov 28, 2023
I hate to see that I check the chart when TP almost hit 😂😂.. He suppose don hit b4 I check am.. Me I don close ó jàre grin

Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 5:49pm On Nov 28, 2023
Fxwarrior:
Sure. I just passed my FTMO phase 1 $10 000 won in sit-up competition courtesy of infofirst.

I exited at 2026, price dropped to around 2024. I noticed strength and re-entered at 2027 exited at 2036 thus achieving 10 % within 2 weeks trading only gold.

Be happy for me. Negative energy please stay away.
Classic 👌.. Nice one cheif
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 5:16pm On Nov 28, 2023
haryodehjia:
Cadjpy is still bearish.. I will consider buy at 107.500 but overall I'm bearish till price get to 104.300
Nice 👌The moment I was stopped out, I accepted that I was wrong. The bears are stronger so I joined them...I have secured this with breakeven and will be leaving it till Friday.. If price comes back to breakeven, I will look to short again

Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 4:21am On Nov 28, 2023
dmahn:
Cadjpy looks like its gonna be a promising buy. I will be waiting for a strong sell zone that turned into a failed zone for an entry. It's a trend following trade so I will go in with a decent lot size.. cool
This trade has failed.. Unto the next
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 9:39pm On Nov 27, 2023
obilokechukwu:
us30 will buy this week, see my signal below
Na 30 mins chart you dey use determine wetin us30 go do for the week grin grin... My Oga show me way o grin
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 9:06pm On Nov 26, 2023
Cadjpy looks like its gonna be a promising buy. I will be waiting for a strong sell zone that turned into a failed zone for an entry. It's a trend following trade so I will go in with a decent lot size.. cool

Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 8:52pm On Nov 26, 2023
The inverted hammer on Gold daily followed by a strong bullish candle signals the strength of buyers. I expect price to do a massive rally from there or reverse a little bit to the bottom of the bullish candlestick that follows the HM and reject to the upside from there, that buttom will be exactly at the third touch of the H4 trendline and I will be looking for buying opportunities from there...

Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 6:35pm On Nov 26, 2023
Fxwarrior:
The trick to passing prop firm account besides experience is starting well with good risk management.

Never risk more than 0.5% on your first trade. Accumulate some profits and use your own profits as a boost to garner more profits.

Treat the company's money as sacred.

Let your first trade be a winner, don't go hard with big lotsize. If you do and it ends in loss. You'll waste good time trying to dig yourself out instead of reaching target.

The disadvantage of first trade ending in loss is psychological as loss begets more loss and some try to increase lotsize which begets more loss until the dreaded message drops into inbox.

NB: The 0.5% should equate to 100 pips stop loss. No room for scalping. Target mostly high probability trades that can generate 100 - 600 pips and you'll be fine.
Choose your instrument(pairs) carefully. If possible trade only 1 or 2 pairs. Less is more because the more the number of pairs you choose, the higher the chances of losing money.

Some people may disagree with me and choose argument but this is my personal viewpoint.
Very very true at the bolded. The first 3 trade here got me into 1.5% DD, I tried to get them back but increased to 2%, then 3%...The job I've been doing for the past 6 months is to get out of the DD. Using 0.10 to make a loss and trying to use 0.02 to get out of it is psychologically stressful. Spending more time on getting out of DD instead of working towards the target.... The first trade win is very very crucial... Look for a very low risk and A+ setup. The moment you are up 1%, risking 0.5 to make the next 1 or 2% will be so easy
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 7:57pm On Nov 24, 2023
dmahn:
I swear down.. EU buy was very close to hitting TP 1, I close chart only to come back and see everything back to red.. I didn't risk much here so I'm not setting any useless Breakeven.. TP or SL must hit undecided
Cc samfelly... TP hit finally.. Its been long I allowed TP to hit 😂... The profit isn't the joy but I waited till it hit👍

Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 11:58am On Nov 24, 2023
samfelly:
Mr. Market would barter your emotions till you're begging it to let you breathe small. No wonder good traders seat out some market cycle. Very annoying
I swear down.. EU buy was very close to hitting TP 1, I close chart only to come back and see everything back to red.. I didn't risk much here so I'm not setting any useless Breakeven.. TP or SL must hit undecided
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 11:28am On Nov 24, 2023
ernesco0816517:
Boss I don exited oo.
We ll fight another day my Oga 😂..
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 11:11am On Nov 24, 2023
ernesco0816517:
Boss I think the bull wants to outsmart the bear, oo
Boss I've been stopped out at BE since Wednesday that I've been on sell... From $40 to zero.. I hate trading on Fridays for a lot of reasons... Price action doesn't price action at all cry

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