Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,175,864 members, 7,895,744 topics. Date: Saturday, 20 July 2024 at 04:51 PM

Eaglefx's Posts

Nairaland Forum / Eaglefx's Profile / Eaglefx's Posts

(1) (2) (of 2 pages)

Business / Re: Trading In The Right Way |learning |earning |trading |acts Of The Market| by eaglefx(m): 5:43pm On Jun 13, 2022
I CHOOSE SUSTAINABILITY

You see the root of every plants are different , at different levels , some even at their ripeful age they can be easily uprooted and then removed entirely from the floor without much stress.
example the corn we eat

while we have the Palm kernel tree , the root can never be easily uprooted and it takes time, heavy resources and man power to pull down just one palm kernel tree

Two men can take a day to cut down two plots filled CORN

but those men wont take A day to pull down ONE PALM KERNEL TREE.

In life the ROOT MATTERS A LOT

A deep root doesnt come with LESSER TIME but a LOT OF TIME

A shallow root doesn't necesarily take TIME


The corn can be planted and uprooted within 6months and the palm kernel will still be in the growing stage

some kernels takes 15years to become fruitful and withon the space of 15years the corn will have been harvested on different occassions

But the beauty of the palm kernel is this

once it got to its ripe stage

EVERYTHING ABOUT IT IS USEFUL and it LAST a whole lot of TIME..

My grandmom still harvest from the PALM KERNEL my great grand father planted .


everything takes time

You just have to PATIENTLY WAIIT AND PLAN WHILE GRINDING


To Your Success

Victor Obiaeli

Business / Re: Trading In The Right Way |learning |earning |trading |acts Of The Market| by eaglefx(m): 5:43pm On Jun 13, 2022
"In trading, you have to be defensive and aggressive at the same time. If you are not aggressive, you are not going to make money, and if you are not defensive, you are not going to keep the money."

-Ray Dalio.
Business / Re: Trading In The Right Way |learning |earning |trading |acts Of The Market| by eaglefx(m): 12:24pm On May 20, 2022
Diary of trader
The emotions and psychology behind a loss and profit



Market is in a key level area and we have a good consolidation at that levels we might see price push up from this region besides we already have a break in the market structure from the lower timeframe.

I can enter this trade right now and then fix my stop loss at the next market structure level where I believe the market wont get to my losses will be 30 pips and then I am selling the high.

I took the trade and the market retraced to back to the market structure level (note my stop loss happens to be below it ) I became calm all of a sudden when was able to spot a particular bar formation and then once again I assumed that the market structure level will hold and then took my entries this time two positions and I became relaxed

just then I remembered my principles that states
PREDICTIVE VS REACTIVE

so i reflected upon my positions again and made the firm resolve to come out based on my positions have been solely on ASSUMPTIONS by me and not REACTION from the market

The immediately I came out from two position with losses leaving behind my initial position with stop loss.

And after my reflection I realized my technical mistake and then I joined the trade to the sell side but this time , although the technical analysis was correct but the entry was still based on assumptions and then I came out from the trade with losses

by then my losses already accumulated even though they are little


price then hot my initial buy stop loss and then i was out but my sell bias was confirmed so i took my first REACTIVE entry and the market went my way in luckily I was able to enter with a large risk that gave me profits at not just break even but with a little +% rise .



KEYPOINTS
1) Trades taken based on assumptions all failed me (because i used the discretionary approach )

2) The only Reactive entry gave me my profit for the day (entry taken based on my rules )


3) Every key level in the chart is a level area , only when the market reacts to it and by changing direction confirmed it as a KEY LEVEL AREA


4) i assumed my account is wide enough to take the first trade because i wanted to take a trade , never minding that i was gambling (we need differentiate the emotions of when we gamble and when we trade)

5) my gamble is enough to carry the trade (which was a gamble ) we sometimes allow our gambling trades to run with the excuse of our account is big enough to handle the loss

6) market consolidation in addition to different price action pattern doesn't necessary means the end of a trend until THE END IS CONFIRMED

7) Always remember the trading rules and always wait for MARKET REACTION AND CONFIRMATION

BE A RULES BASED PRICE REACTION TRADER


Guys this is my diary for two , what do you think ? have you experienced anything as this like this before
tell us in the comment section below


Have a blissful weekend


VICTOR OBIAELI


visit my channel for for the weekend
www.youtube.com/forexmahadum

Business / Re: Forex Trade Alerts: Season 22 by eaglefx(m): 3:17pm On May 19, 2022
OBSTACLES WE HAVE TO OVERCOME AS TRADERS

Trading can be so funny at all times and the journey to becoming consistent in profit is a difficult path that most traders are still looking forward to, some are not interested in the consistency in the long run but are happy with the little losses and profits they make at all most times ,some are just interested in making the big lot size trade and coming out with withdrawals but those who enjoy the beauty of the market are those who consistently make profit yearly.

They don't mark their progress by the month but by yearly and funny how it used to be little compare to the BIG target we retail traders have.

Here are three obstacles traders need to overcome in other to be consistent year in year out

1) PREDICTIVE AND REACTIVE

Our ability to focus on price will not only make us better but it will make us become more of a reactor to market price.
we ought to be predictive during our analysis but when it comes to active trading we need to be more REACTIVE, many traders find it very difficult to switch from predictive to reactive and then they cloud their trading entries with the PREDICTIVE MINDSET and continue holding the trade filled with a drum full of ASSUMPTIONS .

But when we go in with price using the REACTIVE method we tend to follow the market and then flow with the market tune.


we need as traders to stay clear of the predictive aspect during trading and become a reactive trader


2) MECHANIZED /DISCRETIONARY
Mechanized is a system where we follow laid down rules and principles in trying to trade the market , following strictly the rules and regulations irrespective of the market movement.


DISCRETIONARY is a system whereby we are free to deviate from our trading system. this type kills trader faster especially the newbies. (In my own opinion)

trading success are made base on following a laid down rules and principles to trading at all conditions


The ability for a trader to become stick to his rules is a good discipline that can only give birth to constant practice, as traders we should overcome this habits of trading with no laid down principles and become a rule based trader .




3)SURRENDER

it's funny how the word surrender is the third and the last

Well, you see just like religion we claim most time to submit to our GOD but our actions aren't convincing enough that we have fully surrendered

the same thing it is for the market

we are suppose to submit all this three important things at the moment we open up our laptop to trade

1) Emotions
2) Psychology about the market
3) Knowledge about the market

this three are the destroyer of most traders account and until we accept the truth that what we know about the market , our psychology about the market is just mere opinions until the market prove us right and until we surrender our emotions away from trading
we will still find it very difficult to win in the market.

3 Likes

Business / Re: Trading In The Right Way |learning |earning |trading |acts Of The Market| by eaglefx(m): 3:00pm On May 19, 2022
OBSTACLES WE HAVE TO OVERCOME AS TRADERS

Trading can be so funny at all times and the journey to becoming consistent in profit is a difficult path that most traders are still looking forward to, some are not interested in the consistency in the long run but are happy with the little losses and profits they make at all most times ,some are just interested in making the big lot size trade and coming out with withdrawals but those who enjoy the beauty of the market are those who consistently make profit yearly.

They don't mark their progress by the month but by yearly and funny how it used to be little compare to the BIG target we retail traders have.

Here are three obstacles traders need to overcome in other to be consistent year in year out

1) PREDICTIVE AND REACTIVE

Our ability to focus on price will not only make us better but it will make us become more of a reactor to market price.
we ought to be predictive during our analysis but when it comes to active trading we need to be more REACTIVE, many traders find it very difficult to switch from predictive to reactive and then they cloud their trading entries with the PREDICTIVE MINDSET and continue holding the trade filled with a drum full of ASSUMPTIONS .

But when we go in with price using the REACTIVE method we tend to follow the market and then flow with the market tune.


we need as traders to stay clear of the predictive aspect during trading and become a reactive trader


2) MECHANIZED /DISCRETIONARY
Mechanized is a system where we follow laid down rules and principles in trying to trade the market , following strictly the rules and regulations irrespective of the market movement.


DISCRETIONARY is a system whereby we are free to deviate from our trading system. this type kills trader faster especially the newbies. (In my own opinion)

trading success are made base on following a laid down rules and principles to trading at all conditions


The ability for a trader to become stick to his rules is a good discipline that can only give birth to constant practice, as traders we should overcome this habits of trading with no laid down principles and become a rule based trader .




3)SURRENDER

it's funny how the word surrender is the third and the last

Well, you see just like religion we claim most time to submit to our GOD but our actions aren't convincing enough that we have fully surrendered

the same thing it is for the market

we are suppose to submit all this three important things at the moment we open up our laptop to trade

1) Emotions
2) Psychology about the market
3) Knowledge about the market

this three are the destroyer of most traders account and until we accept the truth that what we know about the market , our psychology about the market is just mere opinions until the market prove us right and until we surrender our emotions away from trading
we will still find it very difficult to win in the market.




Till I write you again tomorrow


Victor Obiaeli



www.youtube.com/forexmahadum
Business / Re: Trading In The Right Way |learning |earning |trading |acts Of The Market| by eaglefx(m): 8:10pm On May 18, 2022
USDCAD ROADMAPS
Wyckoff |Volume

we've seen price completes the wyckoff cycle for the sellers to take charge of the trend for a Bearish phase with the main timeframe as the key level area .
we look for price to get to the 1.24890 Region for the sellers but we might have the bearish phase overcome by the BUYERS with reactions from the 1.3050-1.3090 a key decision where we might see price become decisive for a bull run continuation or a bearish take over .


we already have the low of the week formed at the WAVE 5 level to complete the wave 1 of the drop that started last week and we need to see price terminate at the 1.29-1.30 region for the corrective wave 2

SO we keep our hands tight as we watch price gets to that region and TRADE BASE on the REACTION of market around that region.

Advice
i don't based my entries based on the predictive (analysis) but based my entries on market reactions around my key zone ( Reactive approach ) .


Forexmahadum


You can subscribe to my youtube channel to learn more
while i keep updating this thread

www.youtube.com/forexmahadum

Business / Re: Trading In The Right Way |learning |earning |trading |acts Of The Market| by eaglefx(m): 7:22pm On May 18, 2022
What I would have done if am to start trading over again { PART 2 }
Yesterday I wrote about what I would do during my learning stage ,
Today, I will be writing about what I would do while trading as a demo trader or live trader .
Where we get things wrong while growing is here in the Trading aspect , if only I was told this in my early stage.
We tend to focus more on the technical aspect while trading and omit the other important aspect which is the self awareness that combines our response to emotions ,risk management and psychological. And we remain in this RAT hole till we come to realized it
. so its better you save the stress of BEING STUCKED here and follow this due process.
"In learning we listen to the market but in trading we listen to ourselves more"
So here are the Top Five points you need to watch out for while trading
1) keep a trading journal
2) Work with one trading system
3) Focus on one timeframe sequence
4) Pay more attention to self awareness which includes
I) Trade management
II) Risk management
III) Psychological and emotional management
5) Pay attention to you entry and your exit (ALWAYS HAVE A EXIT PLAN BEFORE ENTERING )
Input this practice into your trading and see changes
Till I write you again
Victor Obiaeli
Business / Re: Trading In The Right Way |learning |earning |trading |acts Of The Market| by eaglefx(m): 8:41pm On May 12, 2022
Take this two case study
Study 1
A blind man will always be slow and , and he wont rush is way to his destination, but instead he will quietly with his walking aid locate his destination, he wont bother about the time to get there because is only interest is to get to his destination.
Study 2
A man who is not blind will always have the choice to follow the way of the blind man with the same pace or move with his own pace ,but he will most times choose to move at his own pace by adding SPEED, he will be instead bother about the time and not the destination, because he already knows where he is headed .
In the first scenario the destination is important and not the speed
In the second scenario the SPEED and TIME is important and not the destination
The two brings me to my main point for today's talk
WHAT I WOULD DO IF AM TO START LEARNING TRADING OVER AGAIN
Spending 10 years learning this craft all by myself, as being a whole lot of hell for me but at the end of it all the light was surely at the tunnel.
So here are my insights on how to start over again
1) GET A MENTOR
You wont know the value of a mentor until you get to mentor someone, of recent I visited one of my mentor and we discussed a whole lot just about me, my business and the way forward.
The way we feel after praying to God is the same way you feel after speaking to a mentor
So back to the point
while starting up there was no one there for me , I have to learn the hard way with the market and then with someone there to answer my questions( Oluranti S. Owolewa) , he was enough for me ,while I continued learning my way.
The downside to learning on my own was , i learnt every information both the Vague one, the useless one and the the useful ones.
But I realized that the more I gather information the more confused I become.
Now this is where the role of a mentor comes into play
they are there the guardian angel sent to you to show you the RIGHT PART throughout the process and just like our case study , they know the destination and they are the only one to give you the speed you need with confidence.
2) Stick TO ONE TRADING STRATEGY
I wasted a whole lot of my time here, due to I was so focused on making returns and any strategy that isn't working well for me i change them ASAP , I remember staring with RSI- ICHIMOKU-HARMONIC PATTERNS- ELLIOT WAVES and then it keeps going till got the message.
At that time I only needed someone to tell me the best way is to trade like the institution and then I wont have spent years Into irrelevant things.
so sticking to one system , of course institutional way of trading is the best.
3) BACKTEST
This is very important
The best gift a trader can give to himself is to back-test at all times the trading system, I remember those days I used to do my back-test every night whether with my phone or my laptop and at the end of it all it paid off . As a newbie trader you want to make back-test your best PRACTICE
4) DON'T FOLLOW ANYBODY SIGNALS (This is personal )
In my journey as a trader I have only followed just two traders signals and in three occasions.
here is what I belief and it hasn't change
I) I believe that I needed to learn how to catch the fish , and not to receive the fish
II) The signals made me lazy .
But here is what I did with the signals , each time I received any of it , I look up to my chart trying to get the reasons why they are either buying or selling
So here are my top 4 I would do if am to start over again in my trading learning phase.
Tomorrow I will talk about during trading period .

Business / Trading In The Right Way |learning |earning |trading |acts Of The Market| by eaglefx(m): 8:40pm On May 12, 2022
Good evening to you all .....

Writing this here to help us all grow in forex and to also share my experience so far in the forex market .

I won't ask for your money at all to trade

I won't provide signals

Just me writing to my younger self as regard forex trading

feel free to contribute and participate

Business / Re: Fxmahadum Blog (forex The Right Way , Knowledge First ) by eaglefx(m): 5:38am On Apr 08, 2021
Good morning to you all ,
HOW TO CARVE OUT YOUR TYPE OF TRADING .
So guys, the last two months have been positive so far for me , because i was able to overcome the habits of overtrading, Getting into a trade very early, jumping into many trades implusively
BUT BEFORE then i love to swing positions going into months holding for 2-3months and at the same time coming out with little or not much pips ,why because most times i came out with frustrations from the market retracement . well al this where in the past but this actually gave me the moral needed to start looking deeper into the Retracement story , and i finally got an answer.
But one dangerous thing i was fond of here was this . i see the market as an avenue of making perfect predictions maybe because i was so engrossed with learning that i forgot the goal was to make money and not to PREDICT EXACT MARKET TURNING POINTS.
The truth of the matter is this a trader who make an average of 100pips monthly scalping and always successful in hos consistency is far better off than a trader who can predict the market turning point and still come out of the trading month a looser .
at this junction ,it became clear to me that making moeny from the market is a different thing and becoming a good analyst is another.
traders in our world today are divided into three.
WE HAVE THE GOOD ANALYST BUT BAD TRADER
THE GOOD TRADER BUT BAD ANALYST
THE GOOD TRADER AND GOOD ANALYST.
lets be careful of where we channel our trading goal to . so in spotting this revelation i decided to focus more on becoming a better Trader but the question i ask myself is this ?
IS MY CURRENT KNOWLEDGE OKAY TO PROPEL METO WHERE I WANT TO BE ?
The answer right there was No ,so i took it upon myself to learn the market without thinking of the money.
THE TRUTH IS THE MARKET WILL ALWAYS BE THERE FOR THEY THAT CHOOSE TO UNDERSTAND BEFORE RISKING.
The moment i understand this the day i developed the mindset of learning, and as i learn i also do well to LIVE DEMO with little amount and i kept on loosing not because i dont know but i was fighting with the psychology of being a good analyst and a trader.
most of my trades tends to go into profit before going into loss, i took note of that and i worked on my exit strategy . till i got to a breakeven in my trading experience
BREAKEVEN IS THAT LEVEL YOU GET TO THAT YOU ARE SURE OF NOT LOSSING AN ACCOUNT. YOU KNOW WHY YOU LOST A PARTICULAR TRADE , YOU ARE FOLLOWING A PARTICUALAR STYLE DELIGENTLY AND YOU BECOME AWARE OF YOUR MONEY MANAGEMENT AND PSYCHOLOGICAL TRAIT.
TO CUT THE LONG STORY SHORT .
I BECAME A STUDENT TO THE MARKET FINE TUNING MY TRADING PERSONALITY (NOT SYSTEM/STRATEGY) FROM THE DIRECTIVES OF THE MARKET THROUGH MY LOOSING TRADES.
I DID A RUN OF 6MONTHS OF CONSISTENT PROFIT AND I REALIZED WHY
I NEVER TRADE AGAINST THE TREND
I POSSESSED IMPROVE KNOWLEDGE
I CONTROLLED MY RISK MANAGEMENT
I CHOOSE TO WAIT FOR THE RIGHT SETUPS .
THEN I BECAME FULFILLED BUT STILL I DONT GET THE RETRACEMENT STORY SO WHAT I DID WAS TO KEEP ON LEARNING ABOUT THE RETRACEMENT UNTIL I GOT IT RIGHT ..
BUT THEN
I REALIZED THAT MONDAY ALWAYS HAPPEN TO BE MY BAD DAYS
FOCUSING ON THE MAJORS ALONE CAN GIVE YOU MORE PROFIT UNLIKE WHEN YOU ARE EVERYWHERE
THE MARKET BECOMES VOLATILE ON TUESDAY AND WEDNESDAY
WHEN THE MAJORS HIT THREE DAYS IN A PARTICULAR MOVEMENT THEY TEND TO REVERSE IN THE LAST TWO DAYS OF THE WEEK
MONDAY IS FOR MANIPULATION ,TUESDAY/WEDNESDAY IS LIKE THE LONDON SESSION , THURSDAY FRIDAY ARE NEW YORK SESSION BASE ON THE WEEKLY CYCLE ..
I LEARNT THIS AND FOLLOW THEM ADDING THEM TO MY PERSONALTIY
BUT IF I WOULD SAY WHAT HAVE HELPED ME THE MOST IS THE FACT THAT I HAVE A GOOD ENTRY METHOD STYLE USING VOLUME , WHICH ENABLE USE ONE BAR AS MY STOP LOSS ON ANY ENTRY TIMEFRAME AND HELPED IN REDUCING MY NUMBER OF TRADES.
THE NOTES HERE ARE PERSONAL NOTE AND FINDINGS FROM MY EXPERIENCE . SO PLEASE ENSURE YOU ASK IF YOU ARE NOT CLEAR OR BACKTEST ..
AS A TRADER ALLOW THE MARKET TO FINE TUNE YOUR PERSONALITY AND DONT JUST JUMP INTO CONCLUDING YOU ARE THIS WHEN THE MARKET HASN'T DECIDE
HAVE YOU JOINED THE FOREX MAHADUM PROGRAM YET ?
IF NOT WHAT ARE YOU WAITING FOR
GRAB THIS OFFER NOW
IT CAN ONLY HAPPEN ONCE
OBIAELI CHUKWUDUMEBI VICTOR
FOREXMAHADUM

1 Like

Business / Re: Fxmahadum Blog (forex The Right Way , Knowledge First ) by eaglefx(m): 7:45am On Apr 07, 2021
MY LESSONS AFTER TRADING AND LOOSING SO MANY ACCCOUNTS TO RETRACEMENT TRADING
It has been hell to trade and loose to the market but in my journey it has been so much of a teaching.. i always act impulsively base on any new research made base on the retracement strategy .. it took me no long time to be able to understand the way the market moves in trend. so i decided to earn about the rretracement of the market and what causes it reversal , the journey was so rough for many accounts as been blown up to 25% at once in trying to learn how to trade this style of the market. the main fact that glued me into trading this market was the fact that i could predict the exact spor where the market will get to and turn around to continue the trend . and then i was so captivated by my shallow mind that PREDICTING THE TURNING point of the market became my best REWARD. I was still fresh as an elliot waves trader and i so the joy of predicting the exact spot for market turnover and the exact direction of the CHF SAGA of 2015. i saw trading a game of prediction and i strived to become better at the analysis aspect.
With the little knowledge i heard wi was able to understand the trend and then i move into the Retracement . my first try it took me days and months of reserach until i finally understand how price reverse and retraced and for four years from 2016 . i became a student to the market studying the retracement. The good thing about this was the fact that i could tell when the market will reverse and where it will reverse to.
But i never pay atention to other details. my win rate with the strategy was very poor and i lost a lot of opportunity to that because so many acount was BLOWN (25% drawdown)while learning to trade i have this RULE each time i loose 25% of an account i take time of the market and make my research and corrections to know what i was doing wrong, and it has helped me a lot ..
i dont want to bother you with the long talk so fast forward to THIS YEAR ..
i continue to be a student of the amrket and i later realised after POLISHING AND RE POLISHING my retracement strategy. i was able to understand this few points.
the best way to trade the retracement is to stay CLEAR out of it or YOU HEDGE it with the TREND trade being the one with highest risk and reward.
also the best TREATMENT to a retracement trade is TIME and money management.
the higher the main timeframe the longer the days of the retracement
As times passes on the Target of the retracement is reduced
the only reason we have retracement is to frustrate the trend
and lastly it is best to trade only the trend than trade a retracement except of you know how to hedge
FOLLOW WHO KNOW ROAD
FOREXMAHADUM
There is a reason its called Mahadum
Knowledge First
Good morning to you all...
Drinks coffee and Relax
VICTOR OBIAELI
Business / Re: Fxmahadum Blog (forex The Right Way , Knowledge First ) by eaglefx(m): 6:21am On Apr 07, 2021
THE FACT THAT YOU KNOW THE MARKET IS GOING TO A DEFINED DIRECTION DOESN'T MEAN YOU SHOULD ENTER THE MARKET FROM ANYWHERE
I always encounter this issue for many times while trading and still encounter a lot even yesterday , i know where the market is heading to but my ENTRY STYLE wasn't clear, so all i did was just watch the market moved without me while i cried a lot in my heart (lolz).
but thats a good way to overcome overtrading , i tried to console myself for missing out on those trades . but the real truth is , IT WAS MISSED.
so the best advice is this ..
THE MARKET WON'T RUN AWAY .. IT WILL ALWAYS BE THERE SO WAIT FOR YOUR TURN .
IF YOU MISS IT ..WAIT FOR THE NEXT

https://www.youtube.com/watch?v=taruwvaJO0Y
OBIAELI VICTOR CHUKWUDUMEBI
Business / Re: Fxmahadum Blog (forex The Right Way , Knowledge First ) by eaglefx(m): 7:53am On Apr 06, 2021
THE MARKET MOMENTUM
Happy Easter to us all ...
Today we will be discussing fully well about how the smart money change their hands from bullish to bearish formation or bearish to bullish formation at a key level area.
in our bachelor of forex program 1.0 This where i carefully explained How and why the wicks of the candle are very much important and lastly while the BODY of the candle are very much important to knowing how the SMART MONEY change hands when doing their change over ..
So click on the LINK below to find out how The smart money ..CHANGE THE MOMENTUM OF THE GAME AT ALL TIMES

https://www.youtube.com/watch?v=taruwvaJO0Y
ENSURE TO LIKE AND SUBSC
Phones / Re: NIMC Mobile App: You Can Verify Your NIN On The NIMC Mobile ID-App by eaglefx(m): 2:19pm On Jan 06, 2021
please what about me that i cant find my slip and the number i used in registering as been lost what will i have to do

thanks

1 Like

Business / Re: Fxmahadum Blog (forex The Right Way , Knowledge First ) by eaglefx(m): 6:33am On Dec 25, 2020
Never stop trading on ur demo account �
Don’t place ur SL too close ,give the market a swing�
Take little profits �
Stick to lower lot size�
Don’t place an order without analysing �
Apply what u understand and master the most�
Do not undermine your knowledge �
✅✅Start filling ur trading history with the blue colour✅✅


MERRY CHRISTMAS TO YOU ALL

Business / Re: Fxmahadum Blog (forex The Right Way , Knowledge First ) by eaglefx(m): 6:32am On Dec 25, 2020
criuze:
am following

i want to statrt semo trading with tdi very soon

Demo tradiing with TDI is a good one but i will advise you take your time in mastering the system very well .
\Thanks for following

1 Like

Business / Fxmahadum Blog (forex The Right Way , Knowledge First ) by eaglefx(m): 8:13pm On Dec 22, 2020
Please am not a perfect writer ,but am trying my best to be ,if you come across any blunder be free to criticize me with your corrections.

I opened this topic to discuss generally about forex trading and i will be discussing primarily about the technical know how, where to get good resources, forex trading as a business, FOREX SCAM SCHEMEs that should be avoided. and my forex trading journal.

if you will be looking for analysis you can join me ever sunday night i will be posting them but if you are looking for signals and screenshots on how much i make in other to stir your mindset to see forex as a get rich scheme .am sorry you will be disappointed.

i wont be saying much about myself
just know am Obiaeli victor chukwudumebi

what i wont do
i wont be asking you for any money of any sort to trade for you
sell you signals thats not me


what i will do
i will be sharing daily contents on ideas on what i feel about the market
teachings on how i trade the market



if you want to connect with me feel free to send me a text message on
email; vobiaeli@gmail.com
whats app : +2348145525713

Business / Re: Forex Trade Alerts: Season 18 by eaglefx(m): 3:31am On Nov 29, 2018
can i use my nimc to verify my netteller please anyone with an idea or who have done it before should help me with answers
THANKS
GOD BLESS YOU

1 Like

Business / Re: Forex Trade Alerts: Season 18 by eaglefx(m): 3:04am On Nov 29, 2018
crazy news got stopped out on breakeven and taking little pips home ..
next pair on my radar willl keep watching
God bless us all
Business / Re: Learn To Trade Forex (veofunds Trading Academy) by eaglefx(m): 10:40am On Nov 28, 2018
Added to gold sell again

Business / Re: Learn To Trade Forex (veofunds Trading Academy) by eaglefx(m): 10:28am On Nov 28, 2018
Earlier trade calls on Tuesday...

Business / Re: Forex Trade Alerts: Season 18 by eaglefx(m): 9:36am On Nov 28, 2018
eaglefx:
USD strength for the week ..
GOD HELP US


If you took any of this trade adjust to break-even or lock in some pips... God is faithful

1 Like

Business / Re: Forex Trade Alerts: Season 18 by eaglefx(m): 4:59am On Nov 27, 2018
USD strength for the week ..
GOD HELP US

1 Like

Business / Re: Learn To Trade Forex (veofunds Trading Academy) by eaglefx(m): 9:58am On Nov 30, 2017
eaglefx:
*FOR LAGOS RESIDENT ONLY*

In my consulting and learning, classed with trades and newbie traders, I was fortunate enough to be involved in so many trading communities filled with professionals, bank traders, and retail traders at different points along the learning and experience pathway, and I have come to understand how trading works *TECHNICALY* (TECHNICAL ANALAYSIS).

Growing up and learning the ART of trading all by myself with the aid of the Internet was stressful and too many sacrifice were involved in my learning process which was very slow paced. This led me to open up a trading class for newbies and those intending to learn how to trade the Forex Market.

The class will help you as a newbie learn much concerning the forex market and boost your learning curve with guidance and mentorship from experienced traders in the field of trading.

The class will come in three stages:

The three stages passed through in the class follow a continuum, and they are the core pillars of trading which most newbies miss out on until late.

What to learn at each stage?

STAGE 1
Developing required basic skills, knowledge and understanding.
Practical demonstrations.
learning and developing key actions and disciplines
Stage 1 entails learning the required basic skills which include technical analysis and its core components, how to Analyse the market and trade effectively .

STAGE 2
Trading small size live markets.
Developing a unique trading style and system.
Cultivating high winning mentality.
Controlling development on skills, knowledge and understanding.
Building up a trading style.
At this stage (Stage 2), the traders takes lives trading and feels the emotions attached to the market, while cultivating their trading style and plan.

STAGE 3
Psychology and self-discipline.

BENEFITS OF THE WHOLE PACKAGE:
You get to learn from the mistakes of the mentor.
Reduce cash in losses to the marker.
Learn from good traders, to gain more knowledge and understanding of how trading works.
Learn to recognize core market pattern.
Your learning becomes fast paced, thereby optimising your learning curve.

WHY AM I DOING THIS?
Am doing this to make an impact on lives of many newbie traders getting it wrong in the ART of trading. Most things to succeed in the market are already on YOUTUBE and various forex websites, but what the class will help you to do, is to shape you and help channel your struggles into things that counts in learning how to trade the forex market.

HOW MUCH DOES THIS COST
N 5,000 (YES!!!, increadibly just 5,000 NAIRA)

For 6 MONTHS, Every SATURDAY.
Come and learn how to trade the financial market.

For one on one class, for consultation, for more enquiries
contact on what's app
09055758839

FOR WHAT'S APP





CLASSES ARE GOING ON
Business / Learn To Trade Forex (veofunds Trading Academy) by eaglefx(m): 6:45am On Nov 08, 2017
*FOR LAGOS RESIDENT ONLY*

In my consulting and learning, classed with trades and newbie traders, I was fortunate enough to be involved in so many trading communities filled with professionals, bank traders, and retail traders at different points along the learning and experience pathway, and I have come to understand how trading works *TECHNICALY* (TECHNICAL ANALAYSIS).

Growing up and learning the ART of trading all by myself with the aid of the Internet was stressful and too many sacrifice were involved in my learning process which was very slow paced. This led me to open up a trading class for newbies and those intending to learn how to trade the Forex Market.

The class will help you as a newbie learn much concerning the forex market and boost your learning curve with guidance and mentorship from experienced traders in the field of trading.

The class will come in three stages:

The three stages passed through in the class follow a continuum, and they are the core pillars of trading which most newbies miss out on until late.

What to learn at each stage?

STAGE 1
Developing required basic skills, knowledge and understanding.
Practical demonstrations.
learning and developing key actions and disciplines
Stage 1 entails learning the required basic skills which include technical analysis and its core components, how to Analyse the market and trade effectively .

STAGE 2
Trading small size live markets.
Developing a unique trading style and system.
Cultivating high winning mentality.
Controlling development on skills, knowledge and understanding.
Building up a trading style.
At this stage (Stage 2), the traders takes lives trading and feels the emotions attached to the market, while cultivating their trading style and plan.

STAGE 3
Psychology and self-discipline.

BENEFITS OF THE WHOLE PACKAGE:
You get to learn from the mistakes of the mentor.
Reduce cash in losses to the marker.
Learn from good traders, to gain more knowledge and understanding of how trading works.
Learn to recognize core market pattern.
Your learning becomes fast paced, thereby optimising your learning curve.

WHY AM I DOING THIS?
Am doing this to make an impact on lives of many newbie traders getting it wrong in the ART of trading. Most things to succeed in the market are already on YOUTUBE and various forex websites, but what the class will help you to do, is to shape you and help channel your struggles into things that counts in learning how to trade the forex market.

HOW MUCH DOES THIS COST
N 5,000 (YES!!!, increadibly just 5,000 NAIRA)

For 6 MONTHS, Every SATURDAY.
Come and learn how to trade the financial market.

For one on one class, for consultation, for more enquiries
contact on what's app
09055758839

FOR WHAT'S APP

1 Like

Education / Re: Complains On The Admission Process Of LASU For 2017/2018 by eaglefx(m): 9:30pm On Oct 19, 2017
if you all are complaining what will you have to say concerning those with the issue of SECOND CHOICE .I choose lasu for second choice and I even have a slim HOPE .you guys have all registered but me no way.

God have mercy
Politics / Re: Army To Stage Operation Python Dance 2 In South East by eaglefx(m): 6:47am On Sep 17, 2017
Cyynthia:
No be only python dance, involve cobra and anaconda dance join.
Very senseless and stupid govt shooting themselves on the leg since time immemorial.

Who doesn't know that all these Python and cockroach dance are because of Ipob activities in Ibo land ?

I foresee mass boycott of Nov election which Nnamdi KANU is really praying for. Nigeria government should send more troops to Ibo land because that's what Igbos are praying for too. Only intelligent people will understand where I am heading to.
Nnamdi Kanu indeed is a great strategist that's why Nig govt has been falling into his trap since 2015.
Nigeria is fighting a lost battle.

is the death of its members part of the plan ?
Romance / Re: I Am 30yrs, Earn 35k A Month And Will Marry A Student In A Months Time. by eaglefx(m): 3:37am On Sep 08, 2017
donpata:
I was moved to write this epistle cos of the fp topic of marrying someone who earns 35k yesterday. I have seen such questions on NL but I normally ignore them. Someone even asked if a lady can marry someone who earns 100k embarassed. I normally laugh at the comments and move on. I laughed at the sheer ignorance of many commenters, and the foolish statements many made. I decided to assume that 70% of the people who commented are either undergraduates still studying who have a big Disney picture of the sweet employment awaiting them or some who have not really known what is out there in the world. The remaining 20% earn well probably and so feel life should be like that for everyone. The remaining 10% commenters are those who really see life as it is in reality – DIFFERENT STROKES FOR DIFFERENT FOLKS. Now am gonna be objective and subjective at the same time. And let me warn you – IT’S LONG tongue

Me? 30yrs, had my BSc in the north but did my MSc at UI. Hoping to register for Phd by next year.
My fiancée? 24ys old and currently awaiting 300 lv registration. Will be done by 2019.

Fact: without any serious research, I think I am save to say that at least 50% of families (basically father and mother) in Nigeria earn a combined income of less than 40k in a month.
Fact: The federal govt claims it has about 100k civil servants. Add paramilitary and military with about 500k personnel and public office holders, I think 800k people in active service on FG’s payroll is a fair judgment. For the sake of argument, let’s assume fg has another 800k retired personnel on pension. That’s like 1.6 million people. Nigeria has a population of 180million people. The WB estimate Nigeria has a workforce of about 60 million in 2016. If we delete the 1.6million on FGs payroll, we still have about 58.4million people left. Obviously, the remaining are left for the State and Local govt as well as private sector to employ. How many are employed?
Lagos state claims it has about 100,000 workers in its payroll. Let me be liberal enough to use it as a benchmark for all Nigerian states and fct. 100k by 37 = 3.7million employees.
Obviously, we still have over 50million people to employ. How many will the Real private sector pick? Yeah those that will pay a graduate from 60k above – how many can they pick? Now many will have to be entrepreneurs, “self-employed” people, petty traders, artisans etc. How much can they really earn monthly?

Fact: 80% of state and LGA workers between level 1 and 10 earn less than 50k in a month. Apart from states like Lagos, Rivers, Akwa Ibom and a few others, most states, especially in the North, pay quite low. On level 8, with Kad Govt, I earn 35-37k. It fluctuates monthly. Note that there are married people with at least 3 children that are on lev 1 - 6. Do the maths.

Wedding:
Many asked how one will pay bride price. Well, I have crossed that bridge. I know my status so before I even got a lady, I started buying some stuff like wrappers to keep. More so, my savings, family and friends rally round me and that was solved. Only a foolish lady will think of bride price as an issue here. Except if her family is poor, why should they demand too much?. 2 of my sisters that married had their bride price pegged at 5k each. The total money paid on the first was 25k and 50k for the 2nd. Mind you, they are currently running their masters programme so they ain’t illiterates. Let me stop here.

So the Wedding? How will I handle it? SIMPLE: I AM CUTTING MY COAT ACCORDING TO MY POCKET

Box: I went to the market and saw boxes of 100-200k. I was showed a set of 5 for 30k as well. I opted for a set of 5 at 60k. That’s my own level too. Mind you there were people picking that of 30k too. Different strokes for Different folks.

RECEPTION VENUE: Church Premises. My church got a lot of space so why should I spend 200-500k (that I don’t even have) renting a hall for a 2hr event? A guy who got married last month in my Church did not do reception at all. Again, Different strokes for Different folks.

Wedding Cards: Saw a nice foreign one. They said it will cost me 30k per 100. I needed 500. I was showed another that will cost 5k per 100. I Finally opted for the one of 10k per 100. Even got a 5k discount.

My suit? I opted for a 16k suit and my best man decided to pay for it.

My shoes? I got really nice shoes but coz it’s my day, I opted for new ones. I picked up a very nice one for 2k. It aint top notch quality but it should take me through the day. It can actually pass for a ck or d&g when viewed from a distance.

My Chairs and Canopies? My organizers are 20. Lol grin. They have paid 80% of the money.

Cake? My aunt who has a HND in catering bla bla and has been in it for almost 15yrs running has taken that as her contribution.

DJ and Camera man? My men in suit, (5 in number) have paid for that service. tongue

MC? A friend is good at it. That is his contribution.

Wedding Gown: My cake designer linked me to a lady who rents out. She thus charged us 10k for a nice wedding gown. I deposited 5k. Will pay 5k after the event.
Need I continue? I don’t think so.

The main thing – The marriage life
Yeah I know you are saying all I have said na wash. You are waiting for how reality will hit me after the marriage cos that’s the main deal. You gonna say you await my regret thread after some few months. Sorry, your expectation will be cut short.

Fees:
Now, my to-be wife will be registering for a new session by December. Her fees is just arnd 30k so I kept that amount and I have promised myself not to touch it until its time. I don’t even need to touch it. Everything appears almost set and done.

Clothing: I filled my wife’s box to the “brim” with both native and English wears. coolSo for now, cloths aint really an issue.

Accommodation: Here in KD, a 1 bedroom mini flat cost between 80-150k depending on the location. Am not talking of a 2 room flat cos, truly, I don’t need it now. But I am not even thinking of taking the mini flat either. A room and parlor (real face me I face u) cost between 18k-45k depending on the location. There are better ones; mostly new houses that cost 40-60k. I’ve gotten a very nice one for 55k. Just 2 tenants in the house and the other guy is single so we just gonna be sharing the toilet with him. It’s not that I can’t afford it but wisdom must direct me. I got 2plots of land already so I don’t even intend staying in that house beyond a year or 2.

My building: I already have 2 plots of land. I’ve struck an agreement with some guys who will supply me mud blocks at N20 each. At my estimate of 3000 blocks, that’s 60k grin. Havent paid but after my wedding, I will do it jejely. My plan is to rush the building and roof it b4 the rains come next year. I paid some guys in my area 7k so by next week, they are gonna go there and dig the foundation of a 2bedroom flat for me. Not that I am building now but I have to dig during the rainy season cos the land gets hard during the dry season. My intention is to use just ¼ of the land for that so that when I am blessed wella, I will use the remaining ¾ of the land to build my pent house. Need I tell you that by estimates, I need 6 bundles of those “aluminum” sheets to roof it? I bought 3 last year when it was 16k. I could not add cos it went up to 30k. I heard it’s 20k now but I can’t buy the remaining 3 now cos of my wedding preps. Will do that after my wedding when I have relaxed a bit.

Feeding?
A 50kg bag of rice takes me over 5 months now that I am alone. I believe in varieties so I got different things stocked in my room. Adding one or two extra plate should not make life difficult. I planted maize on my 2 plots. Once harvested, I won’t need to buy semovita all the time. If you have been to the north, you will know that with my harvest, Tuwo is served. Need I continue? I don’t think so. Let me not bore you further.

My support to extended Families
Someone asked in that thread that how do one take care of his families and inlaws. Well, my family aint rich but they can cater for themselves. My dad and mum earn and have only one child left in the university. Moreover, they are sensible enough to know that they should not expect from me. Rather, what is sensible is for them to support me if need be tongue. My fiancées’ parents aint rich either. But I know they aint so poor to demand me to take care of their own responsibility when they know I have their daughter to cater for. Of coz, once in a while, I will do what I can for our families.

Children
Just a child and I will pause until she is done with school. I know it’s gonna come with challenges but I don’t think you expect me to plan out every day of my life and budget for same here. I know that I will cross the bridge when I get there.

Other wants
I am a gadget freak. Before my wedding preps, I buy things impulsively. Now I know I have to control that. I know what lies ahead of me. That’s why I didn’t go for an iphone but went for a hot note. When the hot note packed up, I didn’t kill myself for a Samsung s7 even though I love it. I went for my sweet Ulefone Tiger @ 31k. When I went for a tab, I didn’t go for an ipad; not even a tecno pad. I went for imose xii tongue. Instead of ps3 console, I download games to my laptop and play them. That serves me.

I CAN TRULY GO ON AND ON BUT CALLING SOMEONE A FOOL AS MANY DID ON THAT THREAD YESTERDAY IS QUITE ILLOGICAL. My dad married at 24. My mum was 19 then. Both are now degree holders. Things have changed and that’s why I am marrying at 30. I don’t want to clock 50 and yet taking my first child to write Common Entrance. If you like say I am rushing.
Firstly, I love my fiancée die. 2ndly, I am a Christian and my bodily desires are building up strongly. Marriage is the way out. 3rdly, I love kids. Since they are an inheritance, I can’t wait to have one as God wills. Lastly, I wanna retire in peace. Not old man using my pension to train undergraduates and Jambites.
Finally, I am not complacent with where I am. I have handled a few millions before but this is where I am now. I wanna go for my phd and I hope to reestablish myself in business. But I can’t again let my social life suffer cos of where I am today. I have a job now; low paying as it is, I know if well managed, I will make it out. Even if I remain in the employ of the State Govt, I cant earn 35k forever. I am young and will keep moving on.

DISCLAIMER: grin This is not meant to force anyone to get married when he is not ready - Not at all. I just want some people to know that there are different strokes for different folks. There are too many factors that determine happiness and success in life and marriage. Your salary is just one. YOU CANT CALL ME A FOOL FOR MY DECISION. I HAVE CAREFULLY WEIGHED MY CIRCUMSTANCE AND PROSPECTS AND I FEEL I AM READY TO TAKE THE LEAP. I KNOW IT WONT BE A WALK IN THE PARK; BUT IT WONT BE TOO DIFFICULT EITHER.
FOR THE “FOOLS AT 40” WAITING FOR THEIR MILLIONS TO BUILD UP BEFORE SETTLING DOWN, TILL UNA COME.
FORGIVE ME FOR THE LONG EPISTLE.
HAD TO TAKE MY TIME SO THAT SOME PEOPLE WILL APPRECIATE THAT NO TWO PEOPLE HAVE SAME CIRCUMSTANCES AND SITUATIONS.

I PROMISE TO RAISE ANOTHER THREAD ANNUALLY TO TELL YOU HOW FAR WE HAVE GONE. wink



I ought to have added to the likes but My God it's too much ..
you know why because this is the best o have come across this year on nairaland
Am 21yr and seeing this am inspired
A well planned life
One thing about planning is this when you plan you know where you are headed .
Boss
your Plan will surely go well by God grace Amen

1 Like

Religion / Re: Nathaniel Bassey's 30-Day Hallelujah Challenge: Olowogbogboro Thread by eaglefx(m): 1:27am On Jun 16, 2017
chenor:
Good morning. Please which site can I access to download naija praise and worship songs.. Or who can send me the songs through whatsapp.. Thanks



GO THROUGH BUSYSINGING.COM

OYA just google any chritian song /mp3
eg victory by eben mp3

you will see list of site

1 Like

Religion / Re: Nathaniel Bassey's 30-Day Hallelujah Challenge: Olowogbogboro Thread by eaglefx(m): 1:16am On Jun 16, 2017
STILL ROCKING VICTORY BY EBEN
I FEEL LIFTED
A LOVELY EXPERIENCE TOMORROW WILL FOLLOW UP ON INSTAGRAM



AIYE EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE HE HAS GIVEN ME VICTORY
HALLLLE HALLE HALLE HALLLE HALLLLE HALLLLE HALLLE HALLLE HALLLE

1 Like 1 Share

Business / Re: Learn How To Offer Graphics Design On Fiverr - Without Being A Photoshop/ai Pro by eaglefx(m): 2:49am On Feb 07, 2017
hello boss bestspoke stumbled upon this thread today and am done with all ...pls can you help me wuth the link to download the videos for they are not showing up in the website you posted .if anyone can help re upload or with a a valid link also thanks and i already make a notepad of the vital information will upload once i get the link to update it ..thanks
Business / Re: Academic Writing- A Goldmine On Fiverr: Learn How I Made Over $3,000 In 5 Months by eaglefx(m): 7:56am On Feb 04, 2017
op nice job you are doing ..please can you suggest a gig title for a newbie and how do one get a $90, $100 order when they are new. how did they go about it ...

(1) (2) (of 2 pages)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 160
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.