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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): 3:01pm On May 07, 2023
charly20:
Matter of observation, I see a short setup inside where I've been aiming for price to prepare a buy setup still.

Low probability trades, both buy and sell.

Cc. dmahn
Yes boss. I see that too.. That's why an instant buy isn't advisable. The 50ema has acted as a resistant twice and it may push the price back. But I don't expect it to push price to a new lower low. I will gladly take the loss if that happens

Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 2:31pm On May 07, 2023
Tradinggiant:
this is where you make mistakes..
Why not keep the same decipline? Na you go first shout psychology tomorrow.. U no no say all na psychology training?
🤣🤣🤣. Na village people. I go soon overcome them. Thanks boss
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 2:13pm On May 07, 2023
infofirst:
The Sl is so huge but buy is a better trade. little pullback and buy.
Thanks boss.. I'm only agressive with my demo account 😂, na there I dey form boss. God knows I won't buy until 73500 with my live account.
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 1:23pm On May 07, 2023
charly20:
Oya sermon don finish. Make una drop analysis make we see.

I have nothing yet for oil nor GU. I just siddon dey look.
Spotbrent(brent crude) Conservatively buy limit @ 73500. Aggressively should incase of no retest, I will instant buy at market price with a very tiny lots size, when price get to the limit order I tripple my lot size. Tp 1 is 78.000 and open
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 5:26am On May 06, 2023
meshpips:
Hello everyone, it is weekend again.

Time to go synthethic.

Here's a buy set up for swift 100

Can anybody give me 2 reasons why it is bad to buy from the green line?
The down trendline hasn't been broken, and price is still forming a lower low, once the trendline is broken and a new higher high is formed. I ll be buying on a retest coming down to the broken TL sir...

Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 1:58pm On May 05, 2023
Before and After... What a good way to end the week. TP Open

Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 8:58am On May 05, 2023
PIPSMARSHALL:
That is when the trader doesn't know how to add to winning trades. Adding to positions helps increase returns on a trade. Adding to losing trades is just gambling.

Drawdown is a more important factor than the number of position you might have on a trade. If a trader can manage em well, it's good.
No sir! Adding to losing position isn't gambling. I've seen Professionals add to loosing positions in as much as price is still in the zone. Adding to losing position with proper risk management is the key. It's take a lot of confidence in your strategy to do that cool
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m):
Mystiquefia:
Yes this is a welcome idea too.. seeing that the rewards will be plenty, it should run for a whole month. Na there we go take know real traders wey fit stand the test of time and not gamblers.
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 3:40am On May 05, 2023
PrinceofWallstr:
2% is enough for u to smash the competition bro, risking big a recipe for disaster. Im an aggressive trader like you, in all honesty swing traders are the winners in this industry, my 200k aggressive account is not making any progress but you see my swing account, I have already made 8% from it this month, a month before Easter I made 15% from swing.
No shaking boss. The 2% is for everyone so why I even dey complain grin
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 10:00pm On May 04, 2023
PrinceofWallstr:
So we actually have bright minds here? I'm so impressed.

Lets fix date guys, I will not be in Nigeria from nextweek, it might affect my activities here. So like I said any day after 16 is cool for me cuz I will be online by then.

Have seen lots of complaints about the prize sharing, I think I need to readjust , no more Data subscriptions.

Ist position= $25k
2nd position =2* 10k
3rd position $10k
4th position $10k.
5th position $ 5k
Organizer 10k MTN data plan
All accounts ( Mff evaluation challenge account)

I will reach out to you Samfelly, please drop your email, I lost access to my Nairaland email.

Please let everyone participate and showcase their skills , let the lotsize cap not affect swing traders, I don't know if is it's possible to modify the daily drawdown to be 2%?
God bless you sir. 2% DDD na Die o cheesy. 5% Abeg grin
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 3:17pm On May 04, 2023
TradingMaestro:
Myfundedfx 8% total loss is too small

Consumate traders gives 12% and 60 days to make 8%.

If you cant make 8% for phase 1 in 60 days then no time limit wont make a difference
100%. Which investor go put that amount of $ on top of a trader that fails to yield the least profit with that large amount of time. The more reason why I'm very skeptical about the No time limit Firm.... Make we reason am too if na we be investor. You give $50,000 to a trader and he hasn't made little or any significant profit for good 2 months. I reason well with prop firm rules with time limit, me sef no go give my money to person wey no fit yield 8% in a month when I have someone that will do 10% and even more in lesser days cool
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 2:32pm On May 04, 2023
meshpips:
You can be what you wanna be.

You can achieve all your dreams if you only believe.

God nor go shame you.

Your blessing go loud, e go worry the neighbours.
Amen! Amen!! Amen!!!. Wish you the same boss
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 11:44am On May 04, 2023
meshpips:
Because your moniker start with letter "grin" abi?

I see you o! Well done.
Yes boss grin grin. 10k challenge na for small boys na. It's either 25k and above or nothing grin. My dream dey very fat and robust gan. Na to trade $1m account one day by God's grace cool
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 9:46am On May 04, 2023
D and D and D and D
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 7:01am On May 04, 2023
samfelly:
If by chance you're asked to pick one, which will it be, boss?

A. $10k trial account: 0.1 maximum lot size with 3 opened positions

B. $10k trial account: 0.2 maximum lot size with 2 opened positions.

C. $25k trial account: 0.1 maximum lot size with 5 opened positions

D. $50k trial account: 0.5 maximum lot size with 2 opened positions.

Well, we go dey follow up on whoever wins each prizes. Dem go give fta members investor's password. Dem no go trade as dem like o grin grin grin
D and D and D
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 5:51pm On May 03, 2023
Wahalur!!! grin grin All the big men are fully in. Make the best trader win abeg grin No shaking cool.
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 9:17am On May 03, 2023
Abeg wait oo.. Shey people like Infofirst, Galleryeasy, Animashaun, meshpip, Elliotwaveforec and Co.. go follow us do this competition thing grin grin. It's not fair oo grin. Game don over b4 he even start be that grin grin grin..... Say no to market makers grin grin
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 9:14am On May 03, 2023
Galleryeasy:
Nice one ,they way everybody dey short yen pairs mk it no revise oo grin. I'm ok for the week, wanted to hold till 300 pips drop but mk I take 150 comot.
Market maker grin.. I have a sell limit order at the opening of that long bearish engulfing candle. Doesnt look like the market will come to my entry grin. The guy no wan retest at all grin
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 8:36pm On May 02, 2023
infofirst:
This is fine and because $50k evaluation is involved. $50k trial with 0.5lot at 2 max open position is my suggestion.
2nded cool 5% Daily DD 10% overall
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 11:44am On May 02, 2023
samfelly:
We thank God for yesterday, we thank God for today.

We thank God for the dead, we thank God for the living.

We thank God for the fuulish (unfortunate) ones, we also thank God for the wise ones.

We thank God for the stingy ones, and as well thanking Him for the generous ones. (overlook dis one grin. Na joke)

In short, we thank God for everything; be it good or bad.


Una good money o. In two weeks time, we'll be having a contest. I don't know if the sponsor have any sets of rules in mind, but in the absence of any from him, I want everyone to pour in their suggestions - I'll hate to monopolized it with own rules, alone, just because I am handed the reins.
Nice one boss. I'm sure contest like this might have happened on this thread before. Although I've never experienced one before, so the rule that worked then might still be valid.

My suggestion is to use the rules that guides the Prop firm account( Mff) that each winner will be getting. We may now add exceptions to make it more linient.

Its just a suggestion. Pls no one should drag me.. HumbleTrader mind your business Abeg grin
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 10:21am On May 02, 2023
Elliotwaveforec:
Wow! Lucky me, so fast.
No be luck boss. You've once paid the price for it grin
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 10:19am On May 02, 2023
RKTexpert:
Prop trading puts one under the mercy of the provider...just going thru their T&Cs now, menh I m feeling discouraged alrdy...fees non-refundable?..."do this and don't do that!" is just too mentally exhausting...one more tin, how good is HFmarket, I'm thinking of using them to trade a personal acct.
grin Nothing good comes easy boss. Go for the ones that ll refund your fee, follow their rules.. Those rules are there to help traders and deal with gamblers. Go for it.. Its worth it.... HFM is highly reputable. cool
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 9:00am On May 01, 2023
PrinceofWallstr:
Hey Traders , as I promised to show some love to the community, I wanted to surprise some set of traders but some reached out that I should hold a competition. I should have done this on Easter like I promised but I was grieved, I lost ma pretty daughter. May God grant her enternal rest.. I choose Samfelly as the organizer, the name of the competition will be " For the love of Karien"...
First position- $50k mff evaluation challenge and 5k MTN sub.



2nd place - $10k Mff evaluation challenge with 10k MTN sub.

3rd place -5k MFF ...

Samfelly I will reach out to you by second week of May.
Sorry about the loss. Accept my condolences
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 2:06pm On Apr 30, 2023
charly20:
What do you see?

#Usoil
The gap has been filled and probably the bulls might resume duty.

On my H4 Tf, I found a tripple bottom that it's neckline have been violated. I ll be looking to buy if price reverses back to the neckline.

Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 8:04pm On Apr 28, 2023
samfelly:
Interestingly, boss Dmahn don fulfilled that promise o. Although, me don help out and 'wented' my way, since a month ago cheesy. Thank you, chief. I appreciate
See humility! Na you be the real boss. Thanks chief cool
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 11:17am On Apr 28, 2023
Guys!! Usdcad is ready for an instant buy at market price 1.36511... Conservatively buy limit at 136200...Tp open... SL based on how much you can afford to loose. I will be adding to loosing position till 1.36000 cool
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 10:52am On Apr 28, 2023
HumbleTrader:
I'm glad the trade failed, you will have learned a bad habit, gambling.
If you talk this thing that day walahi den go no go fit seperate our fight for this thread grin.. I go just dey feel like make I commot you teeth sharp sharp grin. But you are right. I'm glad the loss came, it opened my eye to better ways of trading.
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 10:48am On Apr 28, 2023
infofirst:
Nice one for not giving up. Yeee risk is important like...You dey try o with such balance and using it to trade metals
Thanks boss. I too love that thing grin. It's the only instrument that I've noticed that every resistant/support matters. My BO/RE strategy works very fine on the instrument.
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 7:02am On Apr 28, 2023
Donsheddy:
Im. Back again with my wahala....
Final trade for the week to make...

I don sell gu today..
Since gu don dey do us up and down...

So I don take position for 1.24825
My stops dey for 1.25054
And my take profit dey for 1.23870

Normally the risk to reward na 1 to 4
We dey the same page, although I've been holding the sell since yesterday morning

Business › Re: Forex Trade Alerts: Season 23 by dmahn(m):
dmahn:
Its a bad morning here and its just 8:00am, I was selling heavily on gold short time breakout while having so much confidence by adding to the loosing position, Its like the market came for me very early this morning and i didnt expect the massive buy volatility since there was no news.

Well grin. I Ended up with a big $150 loss in just 10 mins. I was using my 0.05 as usuall and Overconfidence got me into a very bad risk management and im learning the true consequencies of my selfish decision now grin. Its painfull but ..........................We go again

Risk Management is Key. The third time i will be learning in a very bad way. O dun mi gan grin

Im saving this here for future reference grin
REVENGE TRADING

Make I complete the story for una so that the newbies can learn and the pros can smile a bit, it might have happened to them b4 grin.

On that day I was very sad and depressed, $150 loss in less than 1hr, No!!, I can't take this grin, I need at least $100 back orelse my trading confidence is gone and it's a bye to fx. I started planning on revenge trading that very day and Gold gave another opportunity grin, Yes this is it, I smiled. I enter position with big lot again, I was having just $170 left, stop loss 50, TP 120. I off my laptop and ran out of the room so that the trade go run. Came back 3 hrs later, as I on data like this cheesy, na SL mail I first see from pepperstone. Shey na TP mail be this Abi na my eye Dey pain me, ọmọ na better 50usd loss on that very day o grin...I couldn't come up here to write about it coz it ll be so embarrassing and I know some will spank me grin grin

I screenshot am, put am for my wallpaper and save am for my drive as worst day ever.

I can't say more. I was really humbled. Using it as wallpaper keeps telling me "Risk Management is key" anytime I plan to enter a trade. I've not had a single day $10 stop loss on that account till date. I'm back to $180 coz I didn't give up cool

Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 4:42pm On Apr 27, 2023
meshpips:
Now LIVE funded with consummate traders.

God's name be praised!
Congratulations chief.. More win
Business › Re: Forex Trade Alerts: Season 23 by dmahn(m): 11:26am On Apr 27, 2023
dmahn:
Good morning fam. This is the last trading week for the month of april. Lets be extremely careful as the result of this week will determine your end month results.

GU: Looking to short if the tiny rising Tl is Broken, Retested and Rejected. Tp 1 is 124209 and Open
Yeah, its been broken, retested and Rejected cool nicely. Congratulations if you took the call grin

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