₦airaland Forum

Congratulations to everyone who participated as well,
Omo e no easy,
Who no go, no know.

Una try,

williamishere:
Thank you so much boss for giving us such a wonderful opportunity to learn and improve our trading skills.

I really appreciate the good work you have been doing. The contest really helped me to improve on money management and patience. And to all the bosses here making FTA such a wonderful family I greet you all.

Congratulations to you mate!
A well deserved Win!
You won fair and square

Mayork2:
the way people dey on top the matter no be small thing if no be for price na ftmo for sure pass

If MFF don't change for the better,
Especially their support team,
That would be the end of them,
You can ask one exact question to 5 support and they will all give you different answers,

KingPipmarshall:
I didn't get it. Pipmarshall2021@gmai. Text me

Sent

amolak:
This Olympic Nigerians dey chop beating like popcorn

You got mail bro

..

Piptocoin:
[color=indigo]Especially this one they just ported to a new server. A guy on FF said he had more than $9000 floating profits from the mff $100,000 account when the platform suddenly froze and was unresponsive. He complained and a fresh $100,000 account was given to him. The problem now is that he asked that the floating profits be credited to his account to which they refused. He is still on the matter. Eventually, they will solve the server issues but I don't know about that of this dude who adversely affected by it.[/color]

E touch everybody from old server,
Instead of them to work more on the issue,
Dem dey go open tiktok

As in ehen, those cartel boys mata get as e b

saintfaculty:
I dey Bro, been busy and waiting for my MFF free retest... Finally got it today

MFF wahala no be here ooo,
Those guys mata get as e b

KingPipmarshall:
GOD me sef wan dey funded this year o

No fear, i believe in you,
Your face show, your show sef shine.

Dotinacircle:
Congratulations boss. Do giveaway naa if na 5 people to mention u they get 20k each He go dey okay. Make we self tap inside Ur grace

Abeg try rest,
We don't encourage this kind of behaviour here,
Weather you mean am or na cruise,
Make you perish that idea.

Some members here no dey gree share their winnings because of this kind of messages.

It's actually not cool tbh,

amolak:
I thank you Lord for the blessings you have bestowed on my life. You have provided me with more than I could ever have imagined. You have surrounded me with people who always look out for me.

Also, to our great man, honourable INFOFIRST from the depth of my heart, I thank God for using you to touch my life, may you forever remain in God’s blessings, and may you continue to be a light in people's lives. Thanks a million, you have done nobly.

To all my well wishers. Thanks so much, I really appreciate your well wishes ...

Congratulations Bro,
More wins for you

Piptocoin:
[color=indigo]I don't know why Feshizzy is the object of attack for his trading tips but I think it is obvious he is spot-on. Any newbie or oldie can adapt one or two things from his trading tips and improve their skills quite considerably. I appreciate his inputs to the thread.

@bigbasho, correct me if I'm wrong but I think you are hinting at something taught by CaptainJack....the levels, the maps...once you see it you can never unsee it slogan....[/color]

Thanks Bro,
At this point, their banter is just stall and childish.
You will think with the attacks that they are actually doing better.

Kaesyrn:
God bless you more chief, you opened my eyes to what I’ve been staring at for a long time but only now can I see it clearly thanks to you…

Same as Gabsonfx, Samfelly, Piptocoin, Feshizzy, ILoveBigYansh et all

Bless up bro,

Jameselias:
Feshizzy always talking absolute crab and rubbish

12:19pm

Jameselias:
my Brothers
D1 timeframe is bae it gives you text book
like price action display

12:23pm


Na ment abi malaria?

Tony142:
Wow, u are so wise, this is the best rubbish I have seen so far this year, do not impose your opinion to others as facts, this is just an opinion not facts, do what works for u and stop saying what works for u as a fact.


If the price on the lower TF round 3pm is 1.2545 the price at the 4hr timeframe around 3pm will also be 1.2545


So, There is no difference between lower TF and higher timeframe

Abi
I'm sure you are the right person to know this,
I guess you are speaking from experience as well?

From personal experience,
If you want to stay long in this business,
It's has to be H1 TF and higher,
Yes you can go below,
But just make sure you share same sentiment and direction with higher TF,
The issue isn't even the TF but the psychology part.

Imagine watching the market candle by candle? Damn! That's too much work and you will be forced to take entry,

As pro traders,
Max hours you spend on charts should be 2 hours,
Let me break it down a little,
If you trade 1H,
You just need to check chart at every candle close,
That would b 24 candles, to study pattern on each candle close shouldn't exceed 5 minutes
So 24x5 = 120min = 2 hours
For H4 handle its divided by 4 that's 30 minutes in a day.

But you have to be experience to understand this part sha.

That way you have enough time for distraction,

If you enter a trade and you dey panic, it's just clear sign you shouldn't be in that trade. Probably too much risk or low probability setup.

Either way best of luck

SAVAGEBETS:
Lol it's funny cos I don't know what your intentions are referencing my handle tho. I haven't said anything negative here about Prop, I simply shared the business model for those in the dark about what Prop trading is incase newbies think prop trading is a shortcut to trading success of any kind, the allure of being handed a huge account to trade forgetting the costs.

What's that got to do with my handle? Why so sensitive?

Coming from someone who always give sure odds,
What an irony

Permit me for being very skeptical,
You first message here is that which you posted,
I have many questions, but i would just shake the feelings off

Well, probably you might invite us to betting next, you know, sure odds stuff

Let me just use MFF
Is a sample of power of prop firm,
I am not their promoter as it stands i dey one leg in one leg out till they fix their issue,
So how can you be a millionaire with 50k naira within 2 years?

Well, you have to be a very very skilled and profitable trader for this to work. Like very skilled, super skilled.

So with 50k or less you buy evaluation 10k usd of 85usd
The pass metric would be 5% weekly,
So in 3 weeks you should have passed phase 1 and 2 or at most a month.
And then on your live you set 2% monthly.

Now the journey.

January
Bought 10k with 84usd

February
Received 10k live account

March
First payout + refund = 200usd + 84usd = 284$
Buy 20k with 139$ - 284 = 145$
Initial capital recovered.

April
10k payout 200$
20k live received

May
10k payout 200$
20k first payout and refund 400$ + 139$ = 539$$
Total profit brought down 200 + 200 + 539 = 939$
Buy 200k acc with 979$
Merge 10k+20k acc = 30k

June
30k payout = 600$
200k live received

July
30k payout = 600$
200k first payout + refund = 4,000$ + 979 = 4,979
Total profit brought down 600 + 600 + 4,979 = 6,179
Buy 200k, buy 100k, 50k, buy 20k = 1,916
MFF total allocation maxed out

August
30k payout = 600
200k payout = 4,000
200k, 100k, 50k, 20k live account received

September
30k payout = 600
200k payout = 4,000
200k, 100k 50k, 20k first payout + refund = 7,400 +1,916 = 8,316
Total profit = 18,516
Send to private trading account

October
30k payout = 600
200k payout = 4,000
200k, 100k, 50k, 20k payout = 7,400
Merge 30k,100k,50,20k = 200k

November
200k payout = 4,000 x 3 = 12,000$

From October, an estimate of 12k monthly has been achieved!
In a year that's 12k x 12 = 144,000$ profit est 82 million naira.

Without calculating profit from your personal account.

That's just by keeping consistent with 2% on a live account with a starting less than 50,000 naira account.

This is a really really rough estimate,
But it is achievable.


So don't be disturbed if you don't win a contest,
You can achieve more by using it as a platform to develop yourself.

The sky is your limit.

Kaybee7000:
Omoh!!! this one torches my heart o

Someone whose name na savage bet message touch your heart? Smh.

Off course if you have done research on prop, this is not new news at all,
95% of trader fail fx, that's the statistics and that's why prop with good intent can hardly close,
Because there would be enough losers to balance the equation.
And your live account is still demo, till dey a confident enough to copy your trades to their live account,
You can have a 10k and be consistent for 6 months, they will instantly copy your next months trades to their live of about 500k or so, depending on the metrix of the best trader.
That way they profit from winners as well as losers.

This information is not new for anyone who is serious about prop.

We even had this same discussion last year sef.

This issue of new comers,
I don't really see it as a big deal,
So long they play by the rules.

Weather they can meet the target in a day or not,
That's left to them,
The market is open to everybody,
What is required is consistency,

The contest should inspire you to become a better trader and not envious of the next man,

I keep saying it,
If you can be consistent in a 10k prop account,
Forget it, as long the prop firm don't close, and you keep investing,
You should be a millionaire in 9 figures in the course of 2 years

It's not a must you must win a contest,
Just be true to yourself and you will really see how inspiring to be in the mist of your fellow trader,

Because trading can be really boring at times, because everything is just repetition.

Englishisamust:
If you are doubting check this man on ftmo leaderboard. He is a retailer like you. If you earn this in one month. You will buy a house and car in Nigeria. If you think Forex trading is for hedge funds or institution. Some of them are down -4% this year go check Google.

Don't engage him please,
Let him believe what he wants to believe
If he believe in what he says then what is he looking for here?

boom99:
I no fit meet upooo. Yesterday I was 9th position but I woke up today say I done dey 12th. Eeh better make I use larger lotsize make my account grow abeg. The rule no too favour me. Make I dey my corner build the account on my own abeg.

Either you win the contest or not,
Just make sure your account is positive in the end of the day, it will help you psychologically.

I closed mine in 8%, I'm at peace with myself.
With that, i know there's room for improvement rather than ending with negative. IMHO

For pro traders only!

This is for funding prop firm accounts,
If you have money for 20k account,
Don't buy, unless you can be funding it as soon as it blows to avoid panic trading and fear,
Instead, buy a 10k account, keep the balance for back up,
When you pass the 10k challenge,
Reduce your risk to standard, don't ever be in a rush,
Play it cool, just 3% a month can help you buy the next account or live comfortably.
Once you don balance wella,
The you can buy a 20k account from profit from your 10k,
Like so, within a reasonable time and risk management,
You could max out any prop firm account,
Like ftmo is 400k,mff is 600k
Let's say you max out on ftmo, 2% of 400k is 8,000usd,
That's enough to live a fine life.

But to reach there, you have to know what you are doing, and after getting there you have to learn to keep a straight head to remain at that status.

Happy Pipping,
Keep it simple

Edit: this is the model i am currently working on

So how do some of these guys create fake signal?
They would have like 6 fresh account,
Like this my EU Buy trade,
They would open the first buy trade,
If it fails, they leave it and open to the next account same buy,
Till they get it right,
Then they let the trade run,
And screenshot it and send,
Put their IG abi telegram watermark there
Business don open be that


Edit : so instead of using 0.1 lot that gave me 93usd
Dem go use 10 lot to give 9,300 that's 93% of account
With hashtag "one sure trade a day is all you need"

Englishisamust:
Which software do you use? Forex tester or metatrader. If you have the one that allow mutiple time frame analysis can you help me with it

Personal i am too lazy abi busy to try out too much software,
What i use for data is quant tester,
Then for backtest entry is fxblue simulator
And its all free,
Just Google it,
It's not easy to setup, but when you do,
You get the hang of it,
Download data from 2003 to 2020 is like 4gb on quant,
But when you export to mt4 its like 200gb
So try get space for lappy wella.

This will give you like 99% test quality,

But there are software you could use on trial that allows multiple timeframes as well as multiple pairs at the same time during back testing,
So you just see live simulation like say you dey the market but on fast forward,

KingPipmarshall:
See signal

Hehehe,
If I show you where i bought ehen,
You go fear the signal, i bought at the lowest low,
Like na confirm signal oo,
But the price for that signal was too high

Feshizzy:
I personally loved and appreciated the contest,
Like it really opened my eyes to a newer opportunity,

I might have lost in the contest, but i gained something more valuable and it has inspired me alot,

Like I'm super fired up and motivated.

The trade that messed me up was not even the market,
It was my greed and lack of patient,

To my strategy,
I shouldn't be anywhere near that trade,
This i have openly said, even before i took the trade,

But the ones that are hating, have you learnt anything new apart from being super bitter at any given chance?

Like i was just ignoring the hate commentary since,
But i am just disappointed that ones hating ain't even doing better.


FYI this is still my contest account, and it's still linked to Fxblue,
Those hating, i need to see your accounts after the contest.

As badly shape as the account is, it's still way better than yours

From negative to positive,
I don finally close this trade,
Educational purpose over,
I lost the battle but won the war

GreatestManEver:
Dope one bro but this kind of thing ehn you don’t try it with AU
It may take like four months hopefully to return to your entry AUDUSD is wild mehn ,trends like a motherfucker that’s why I love it

Nah,
Na only EU i fit do this kein thing,
Like this is the only reason i trade EU only,
My recovery mode works very well with it,
I have done simulations for over 7 pairs with about 15 years worth of back test data in the course of 4 years,

Omo na only EU my mind day
Na only am pass my rigorous testing without blowing my accounts.
Na only EU show me love
I no fit even look another pair for eye sef.

Feshizzy:
I personally loved and appreciated the contest,
Like it really opened my eyes to a newer opportunity,

I might have lost in the contest, but i gained something more valuable and it has inspired me alot,

Like I'm super fired up and motivated.

The trade that messed me up was not even the market,
It was my greed and lack of patient,

To my strategy,
I shouldn't be anywhere near that trade,
This i have openly said, even before i took the trade,

But the ones that are hating, have you learnt anything new apart from being super bitter at any given chance?

Like i was just ignoring the hate commentary since,
But i am just disappointed that ones hating ain't even doing better.


FYI this is still my contest account, and it's still linked to Fxblue,
Those hating, i need to see your accounts after the contest.

As badly shape as the account is, it's still way better than yours

Remember this chart?
Well we are in the greens now

Arewa Boys don finally show love for EU

Recovery mode almost complete

Let me just make a very very darn revelation,

I once told someone i traded fx like 7 years ago
His reply was "na who don chop dey trade fx"
It didn't make sense until 2 years later that was 5 years ago,

Now let me break this down abit
If you don't have have a stable income or Atleast a decent or average living.
It would be difficult to really make it in fx.

I don't mean you must have a lavish lifestyle already,
I mean, a situation where you are no under pressure of money to eat, money for school, money for rent etc
If you have that issue it would be very hard to really make it in fx,

Looking at statistics on the backgrounds of those that really make it in fx the likes of people who are employed and are able to plan their life around their salaries.

I did a small research back then,
And i found out that a reasonable amount of people that make it in fx are mostly 1. retired people 2. Housewives 3. Gainfully Employed people

You hardly hear a rags to riches story in fx not that it is not happening but e hard.

In summary,
If you still be hand to mouth hustler, spend longer time in perfecting your demo trade,
Keep doing so till you are profitable and open a fresh demo account and trade it for one year,
It would help shape your psychology deeply.

No be say you demo trade for 2 weeks,
You see small money, next thing you wan open small 100 usd small make you use am try hand. Lol
You go fail.

Las las, forex na investment not gambling,
If you intend to stay long, you have to play your cards right.

samfelly:
I understand your point. Thank you for the input. But, I don't want to look at it in terms of percentage. If I were to bracket my profit in percentage, then I'll wait to fund my account with, say, $1,400 so that when I say #$14ADay, it will then seem as a reasonable goal to any person, cos that will be 1% of the said $1,400.

Well, $100 is the starting money and it is #JustThat$14ADay that I'll love to aim for each day, if God keeps us all alive.

Hope u understand and buy into my perspective, also? - even though it doesn't still sound okay

We Have reached this stage before,
Later you will start looking for 50 sure pips a day, the reduce it to 30,then 20 then 10 then 5 pips.


It's all part of the process,

Just set realistic goals and you wouldn't be under any pressure to meet up with daily da) targets,
Because when you miss your day target, the next day or time your psychology would involuntarily wantto meet up with missed targets,
Or when you loose a trade for the day, you try to meet up.

That's why the problem starts and builds till you fail,
Just set monthly targets in percentage and you will be fine.

Well. In the end,
Na you know wettin you dey see
If you can attain and sustain then go ahead,
Even if you fail, you learn something that books can't teach you and that's experience needed for growth