₦airaland Forum

Make una ignore the dude,
He just want activity,
He doesn't even trade,
Just come here to make noise, i dey suspect one particular moniker,
But make we just dey observe

Abeg make una ignore tha troll,
Let's not engage his boredom abeg,
When he talk finish, he go go as usual,
He don see small data,
Where men dey talk, even ekuke sef wan feel among.

infofirst:
Thank you for the observations. The contest is not like any regular contest. If we are trying to learn from it, making it private will defeat the aim. We see differently thou but I do not see any correlation between making it public or private and the contestants performance.
I asked some questions just before the contests starts, if you go through some of those responses and the trading habits, you will see most are not trading what they called their strategy. One can conclude that most are not having any trading strategy in the first place. The activities here are supposed to be a kind of journal for us. Every one can not participate in the contest but we should not deny them the chances of learning from traders behaviors and some investors interested in partnership will be denied too.

And when you look further, one can tell most are not having any risk management plan.
And if you have no trading strategy, no risk management, you can not have the right trading psychology.
Strategy + risk = psychology + consistency

If senior man don talk,
Then no problem,

But make spectators try learn one or two too,
No be for dem to look for fault and shade someone in the name of cruise.
Make dem take am easy, fx ba psychology game, make dem no throw some participant off balance.

Abeg make una rest for the competition analysis,
Let the competitors have breathing space,
Everyone has a commentary now,
Abeg next competition,
Honorable Organiser, please make the competition private, make this competitors fit concentrate wella,
All these side talks don dey too much,

Atleast the ones allowed to even speak on it should be the ones active it.

Please make the future ones private and result published after it ended,
Anyone interested should partake in the competition not in running live commentary,
E don do abeg

Tony142:
Alright boss, as for the 0.4-0.5 pips you said, I will check to confirm if it is true


Lol, u said 1 - 3 pips is sign of no strategy? Hahahaha, sir, 1 pips profit on a 100 lot size can feed you for 3 months

Baba been no see the person he quote for this message,
Anytime i remember this,
I go just burst into laughter

DannyFX2638:
Everybody just day drop quote.. when our oga tony go come drop him own .. all of una go attack am

It's actually not only about dropping quotes,
Na for am to show doings,
You can't be dropping off quote and not be trading,
That one na error

dennison4luv:
Fact....
Comrade where is Tony, we have not seen him in this group, please try and reach him for me, I need his mentorship. I just need to be targeting 3-5 pips with 200lot size

That comrade don cast
He messed up in many ways,
But na still our comrade,
Maybe he has gone to learn the trade the right way

All the people wein we dey tell dem to read for babypips,
Dem no gree graduate?
Dem dey wait make we show dem buy and sell signal before dem take am serious?

Trust me if you want to stay long time in this business, babypips is the best start,
If you do shortcut you will just waste your time.

Imagine going to school for like 6 years, doing NYSC 1 and collecting like 150k salary,

But you don't want to spend minimum of 1 year self training, in a market that can potentially make you a millionaire?

No, you just want to learn everything rush rush in 3 days and be cashing out 100usd monthly

Body go tell una wein like shortcut.
Make una dey wait make one scammer hustle una in the name of mentorship

zedegit:
Thanks. Can I be a millionaire trading it within a year?

Yes, if you are already a billionaire

Fxwarrior:
Brokers lose when you win? Like seriously. Is it brokers that pay you from their money?

They simply connect you and make money from the spread. Some offer instant funding options with charges added. Others offer exclusive services, that's how they make money.

It's not like MMM.

Just free the wannbe, his ignorance is as clear as day,
It's pointless even engaging him sef,

MONEY247:
Hello.... House..
Anyone with suggestions...on a Nigerian broker..
With NGN account and... instant withdrawal....and tight spread

Alpari Nigeria don tire me......

Thanks

F.b.s, exn.ess, forexchief, hotf.orex

samfelly:
Boss, for real, 5 Prop Firm accounts? Damn, market really use u settle scores o. Abeg, take heart. This line of profession no be for the faint hearted ooo

It was a bit of a learning curve for me sha,
I finally understood why people complain for MFF not good for swings.,
It messed up 3 of the accounts,
The other 2 was just unnecessary aggressive and threw my principle out the window.
I know better now sha,
I'm just glad it happened now on this smaller accounts not when i don grow account reach somewhere.

I'm even happy it happened now sef.
Now i get to go to the drawing board with more set rules in terms of risk for long term

Yamiriflathead:
You've been on nairaland since 2016 and you couldn't spell "thread" correctly until I came over and taught you how to in 2022, and you call me ignorant.
Who knows, maybe I could be the one to save you from your monumental prop fund account loses and embarrassment.
Stay humble and sit down my guy

Is this meant to offend me or what?
You must have mistook here for a gambling trend,
Like just look at you, have you even saved yourself?
You literally took being a nuisance as a full time job,
Like Morning till night you are on a roll,
Just flex the little time you have on this trend,
Till they chase you away as usual

Englishisamust:
To get a 10k propfirm account is 84 dollars or 150 dollars, calculate it. Beside that anybody fit lose for this market. Professional Forex traders are all loser before they became a profitable trader

No need explaining bro,
Let him enjoy his ignorance in peace
I don dey report him post,
Make we send am back to his usual thread,

Yamiriflathead:
Chisos na real money u lose like this abi na demo account?
I'm beginning to wonder why proprietary firms take delight in losing their funds to traders when dey can as well lose it to bombers.
I mean everyone, even the economy feels the cash effect of bombers compared to fx traders.
As the money enta ur account, why u nor use small buy plot of land for village first?

Your mate are being useful to the society,
You come online to be useless, just as you are useless offline.
Atleast if you can't be useful to the society, be useful to yourself the least,
All this your careless talk, make you package am for your usual trend.
All these your jump jump you think you are invisible, you think you
you get men wein posses we hold your back,
Till you jump enter where dem no go fit see you.

If you wan play, go playground, here no be creche,
Aboy, use your head

Mirallas:
��, Yeah, I have listen to many interviews and also read few books. Besides the way hedge fund and investment bank trading works usually involves both technical and fundamental analysis, so they at least don't trade one pair, many of them don't even trade one asset class

Ok, do you have same portfolio to hold trades for months?
If you want to compare then compare completely

You can't have 10k account and hedge funds in the same sentence

Yamiriflathead:
Na small challenge na, I go chest am 2 seconds on to say me be chairman

This is not the trend for mouth action,
You will do well focusing on your calling rather than disturbing here,
Abi na ban dem ban you for the other trend wein make you carry the voltage enter here.

Tony142

You cannot be silent oo,
After all the mouth action,
You don run again, as usual
Come show doings.......

DannyFX2638:
let the sleeping dog lie bro

But he is not actually a sleeping dog,
When he is asked to show proof of his talks,
He goes silent for weeks,
Only to come back and repeat same cycle,

This your talk no follow

Where's Tony142,
The pseudo trader

If you can't analyse the market for us, that is fine,but at least let's see your work done over the past 3 months that you have been making mouth.
It's already March.
Show doings else keep your motivation to yourself bad household.

Tony142:
Alright boss, as for the 0.4-0.5 pips you said, I will check to confirm if it is true


Lol, u said 1 - 3 pips is sign of no strategy? Hahahaha, sir, 1 pips profit on a 100 lot size can feed you for 3 months

Same pip and lot size would also make you homeless

Englishisamust:
1-3 pips for scalping, may be he trade Asian session because votality is very low during Asian sessio but if you are trading London and newyork session banging 3pips and 1 pip thats a ticking time bomboo.

I dey tell u bro. May be this guy have not test them before. Have scalp EU many times on ftmo. It is okay

Tony doesn't know what he is saying,
Prop don't even encourage swing sef,
He clearly just fooling around.

Na how you go know say the guy no dey trade at all

Tony142:
There is nothing hard about prop firm trading, the reason I do not like prop firm is because their spread is too big for me, I am a scalper who trades on the 1 minutes timeframe and aim for 1 - 3 pips per trades, now imagine if their spread is like 3 pips, what will now be my profit?



Prop firm is good for swing, and positional traders not scalpers (especially the ones who uses the 1 minutes TF)

You dey lie fire
Prop and ECN Account is same,
Zero spread with little commission,
You would know if you actually traded one in the past,
There's nothing like high spread in a prop firm bro,

karkinase:
Tony142, I challenge you to take part in this next competition and put ur so good skills to test. Time to do the talk cos u beginning to constitute a nuisance on this thread.

I don tell una tey tey say guy mata na dead
Bros just dey use us dey keep body and soul

dennison4luv:
Honestly the market is really crazy this days, from February-- march i have lost 3 prop firm funds account

You are not alone bro,
Last week and this week have been the challenging week for since i went live,
The war really pushed me to the limits,

My account took a whooping 60%DD, at that point i was just waiting for the margin to call in and whip the account,
Last week and this week, i lost my entire prop accounts like 5 of them.

It's a bitter experience but it's worth it,
Now, i have better replanning for my props, so i don't loose them in the future,

Well it's part of the price we pay for greatness, I'm just glad I didn't learn this better lesson with a super high account. Omo, e for too choke

Goodybankz38:
See trader laa abeg who tell you say market they close by 6pm everyday ..... You sure say you know anything about trading or you are just here to catch fun

First off
The effect of what you are saying has already happened,
Thus your analysis is quite outdated,
Secondly, its even too late to make sense of what you just shared, because major forex hours is closing.

All you have said, anyone opening charts can already see this,
Thus your analysis is not a forecast like the Gabsonfx explains fundamentals.
Your analysis is just telling us what we have seen.

Goodybankz38:
Eur is the strongest currency and JPY is the weakest currency for the day ... Trade well guys

At 6pm when market don close,
Medicine after death,
Abi you be glo user?

Gozzylala:
Leaving money on the table is another challenge traders face. Man I've been leaving so much money on the table lately and it hurts. @englishisamust did you get in the EU longs today? Took profit too early and it's painful.

My guy i see that long too on EU,
I took it,
E get where d werey reach e begin shake leg,
For that kein 3am,
I closed trade, work up for work e pull back small, i was proud of my exit, only to come back and see say men market don travel to were i initially predicted,

That's the issue i face wan i reduce time frame and forget to look into the pick picture.
But nothing spoil,
Slow and steady wins the race.

Englishisamust:
Fehizzy finally make me believe someone can be making money every month in this Forex market. If you know what u are doing. Imagine you have a 200k funded account you are making half of that percent make per month. Na millionaire you be be dat

Thanks mate,
But i go reduce risk oo,
See my DD, more than 50%, i know i once said i can take 70% DD
But omo through our last week before i closed the trade,
I just dey panic, come dey do excessive backtesting and looking for similar patterns on how it played,
Omo my house come be like say i dey solve homicide case.

The moment is saw green pips,
Omo i close the trade, go outside drink beta beer

This their yeye war be wan spoil something

Tony142:
So u are even still blowing a demo accounts and u want to argue with me that is trading a live account, chaii, ona Don see me finish for this thread

At least we see his demo and owned up to his mistakes and learnt,

You with your virtual live account, how far?
You are just trying to sell us dream, but no one is buying
Oga show doings, no dey talk plenty

haryodehjia:
Feshizzy and Tony142.. The heat is gearing up gradually by the way Tony142 you didn't come back to give an update of the funding boss infofirst gave to you last year mind you I'm not attacking you pls(it has been on my mind to always ask)

Haaa!
You won't hear from him till next 3 months be that,
Not like I'm shading him, but i like it when someone walk the talk, even if you fail or lose, you will be better than those who didn't attempt at all.
For him, he just talks and talks and no show for it.

Not really the kind of inspiration we need here,
The way Gabonfx dey show is winnings na the the best fx trade alert and motivation be that,
No be to siddon with keyboard Morning till night, no single trace of trading in him. Just vibes

realone12:
Oga you talk Too Much.. we are all humble learners here.. no come dey form boss here..
I have been in Forex business for so long. and I have come across people like you often. calm down with this gra gra.

That guy is too scared to go back to trading
The loan he collect with that him mouth, he never pay finish.
Any time he is asked to prove his theories, he comes up with one silly excuse or the other.

With his level if talks, if he truly trades, he would have Atleast shown us his achievements.

But NO, Bros like to feel high in his talks but zero practical trading.

He is one if those so called gurus that can talk Morning till night and motivate you.
But he would never motivate his own self back to trading.

He reads no doubt,
So he is educated in forex but lacks single experience in it.