₦airaland Forum

Thunday1005:
At the bolded, can you explain better?
Thought hedging is basically done to protect a trade.

I'm following my system,
I guess i pretty much explained it in my post

speed99:
Okay, I have opened my small Account Sha.
Someone talked about hedging... it can be a little bit crazy in a trending market, like gbpjpy currently. You can try and master is slower moving pairs, but not gold. Again, have a plan, learn price action , support and resistance. Stick to pays that you can "feel" their movements.
I am a pivot trader. For my style, any trade after 11 AM na almost certainly disastrous.
Na picking up I dey, cos I have not traded in years. Very open to criticism.
Good Morning

Don't dwell too much on hedging,
For me i only hedge when my setup create the opportunity, i don't actually hedge to protect trade, just basically following my setup.
So on trendy market if i don't see an opposite setup i don't hedge it.

Elliotwaveforec:
It seems some people aren't happy with those posting alerts here; what's the main essence of this thread in this first place? Is it to just talk talk and talk?

If you post alert, they say you want to impress FTA, let everybody stop posting alert then and let's begin the talk.

Kudos to those posting alert like Gabsonfx, saintfacukty, copyjose, charly20; I've learnt a lot from you all and I'm still learning; afterall, learning continues as long as we exist.

What positive impact do the weekly progress updates of trading have on this thread without posting charts for people to learn one or two things?

You don't post signals neither do you post charts but you stalk those who do, why? Not everyone that posts charts and gives signals wants to defraud, you should have this at the back of your mind.

Post signals and charts, if you can't, don't stop others.

I don't think i have in any way stop anyone from posting alert.

MrEmir:
I'm in no place to criticize your trades( this is because we're all learning). But did you actually hedge gold?
Once you start hegding that's gambling.
But I like your spirit, and I think you would have performed better if the money you use to trade wasn't meant for the trip. When you expect so much from a trade you pschology starts doubting your strategy.
Above all I beg you in the name of whatever you believe in , abeg start to dey use stop loss.

Like you said , this forex we go surely make am. May the universe replenish you sir

Lol at the bolded,
I believe you speak from your limited experience,
Try research on "hedge fund" and come back with more knowledge.
Anyway, hedging is not simple

dennison4luv:
My second live account burnt to ashes today and the first is still in danger. The live account has been in danger since last week, on Monday i took my flight ticket money $380 and split it, to my two live account hoping to pull out the money by next week, i believe the trade will bounce back after breaking the lower low of this year. On Tuesday the market was still digging deep, i edged the pairs on Tuesday afternoon, from Tuesday evening to Wednesday the pairs was pulling back, i closed the edging pairs with hope the market will bounce back, i lost $98. From Wednesday evening to Thursdays morning the pairs will move front and come, just like a trending market. I left it to do other things, as I came back this evening I find my account no more. My travel to Senegal and Gambia has been postpone to 2 or 3 weeks till I get money for flight ticket or the worst I use land.
I just learnt to never be angry with stoploss. I stopped using stoploss when it always cuts me off before going to my position..
I have not been sad since this eveing, I just branch to take some liquor so I can sleep very well.
This forex trade we must make am, naa only time e go take

What affected you was psychology,
Please when you put money in fx, always, i mean always think long term
If you can't leave the money in your fx for at least 6 months then don't bother trading with it

CopyJoe:
I am going back to demo.

I practiced some of the things I have been learning on my live account and got burnt.

To thine own self be true
You have done well,
The market will keep testing you through all elements fire, water, earth, air.
Do not relent, learn from your looses always backtest your plan

GabsonFX:
Wow! you all my bosses are amazing with the congratulatory messages, thanks for the positiveness - I do appreciate.

You see, I actually reduced my trade analysis posting and show more real-life results cos I see that too many traders here are fake....thanks to feshizzy who is a strong advocate of being real, clamoring on traders here to show explorer! explorer!! explorer!!! - trade history! trade history!! trade history!!!....this is because he has seen it all, we have seen it all, in fact, just last year, one terrible boy here on FTA thought he could scam me by providing me with someone else's trading results but failed, think about it, this same guy was here for 2years ish calling trade calls and everyone was amazed by what they saw. If he had made profits from the trades he called here since that time, why would he not be bold enough to provide me with his personal trading result but provided someone else's.

This year makes it 16years that I have been trading forex and joined FTA NL in 2015.

I'm always an advocate of being real, and I keep asking: for how long do we keep deceiving ourselves without proof to show for the business; I have mentioned this before, whenever anyone post analysis here, I take time to see my chart and virtually mark what the person expects and sometimes I monitor the entry, SL and TP. Unfortunately, I have so many times seen traders here kept mute when it went opposite or hit SL but eager to update when it goes their direction. Another fake pattern I notice is that they do analysis on like 5 pairs, post them, then return here to update only the ones that go their ways but keep mute on the others that go opposite. Of course, I see everything going on, members here that don't follow all the pairs called may not notice what is missing but get carried away by what they see updated.

I always give kudos and respect to those that strictly indicate, loud and clear that this account is DEMO, with that honesty, I have many times felt I should fund them to go live; however, I get pulled back by the question: can he show to me that he can handle live account yet. My advice to these sets of people is to keep grinding - they will eventually get there if they keep learning and don't quit.

If you keep faking it, thinking you are deceiving FTA members, can you continue faking it and keep deceiving us for 5years? a time will come where you will look back to the 5years you have spent faking it and deceiving yourself and realize you have wasted your life for good 5years here.

Above all, be real, don't fake it, keep learning, and stay positive and we shall get to the fx promised land

You have spoken well brother,
It's been a wonderful journey.
And in all, we need to always remain true to ourselves.
After faking for 5 years to impress FTA and all for nothing
Indeed i noticed you stopped posting alerts, it's a good way to go, there is time for everything,
Time to quietly rake profits and time to share ideas as well.
Forex is a psychology journey.
These i have come to realise overtime.

Elliotwaveforec:
Please, can you show us the trades (pairs) that gave you the result?

Lol, wettin you wan use am do?
You want to go back in time and take same trade
??

GabsonFX:
On my recently funded US$100,000 FTMO account, I just achieved a profit of US$11,382.65 today.....I have stopped trading for this month, waiting to process withdrawal on the 20th of October.

Modified: This profit was made just in 7days cos I started trading the account on the 6th of October.

Added to this will be the challenge fee (US$740) which I paid, it will be refunded to me.........total expected withdrawal is US$12,122.65.

Na this kein update dey sweet my belle,
You are doing well bro,
More wins for you.
Abeg no loose focus ooo,
Stay sharp always and stay winning.


Other traders make this be your motivation,
Find a system that works for you, practice till you can't miss it. There's enough opportunity in the market for solid traders

EU mata just taya me,
Go up e no go, go down e no go.
For 2 weeks now I'm still in trade
Omo this na real test of patience
Trust your strategy and hold on it.

Listen to "the gambler" by kenny rogers

Forexislife:

I dey like make person finish wettin he start,
No mata the challenge.
It's good to always update a post.

Forexislife:
Hey bro. how do you get this summary? I would love to see mine like this so I can have an idea of such growth or decline easily.

Thanks.

Myfxbook, you can Google it
Or click my signature to see how it looks

saintfaculty:
Looking at $1500 this week... God help us

How far?

pakirisuitesphc:
OK, no need guys if majority disagree with whatapp group.

Start your tread and create WhatsApp group.

charly20:
That may have been creative to you but it was very dirty to me.


Unfortunately.

I don't remember our post was meant to entertain anyone?
It was informative, information is not always appeasing..

charly20:
Sometimes it's embarrassing to see adults act like that

That is why respect has no age.

Silence doesn't Equate to wisdom nor maturity.
Maturity is knowing when to talk and when to listen.

No be everything we go dey keep quiet about,
Na why we still dey like this for this country.

In the name of forming adults, we just dey monkey dey do.

Tony142:
U will just faint, I do not want to be the reason why someone fainted

If you have this ideology,
It means you are very poor.
Super poor and nothing to show for.
Only liars make up this level of dumb excuses.
You started trading last year, and you believe someone like you looking for free no deposit account would even make me blink?
My dear, just rest. The deeper you go, the more clear it is you are truly a fraud in the making.

Have a nice day

Tony142:
If I show u my trade history, u will go into depression, why?...because you will feel Intimidated and probably think u still have a lot to learn

Please show sir..... Live account sir

Tony142:
You do not even know how to read people, u need to take a psychology course from me, now grab your pen and paper let start some lectures

I dey call you out as scam, you still wan hustle me again
You wan run scam inside casted scam.
E choke

I believe you are part of the members who did the FTMO challenge,
You should be cashing out soon i hope your trades is as good as your mouth

Tony142:
Tell me the net worth of your family, I want to buy it

Am i meant to be offended by this?
You are not even bright enough to insult me.
On a contrary, i find this rather amusing.
For someone always looking for freebies, you have a really large mouth.

Tony142:
If I really want to scam someone, trust me I will not scam you, why?...because if I collect the remaining 5$ when u lose remain for Forex, u fit go commit suicide

Do ftmo challenge, you no gree.
People are busy making money, you are making quotes
Who you dey try impress?
No single trading chart from you.
No single analysis,
Just vibes and quote.
You will be out there looking for easy and free money,
You are posting number in every thread on anything free,
You want to use this noble community to grow your mentorship platform in guise of FTA.
What you don't know is you are being observed a long time ago before now.
I always knew your end game.
That your message have been in draft, waiting for the perfect moment to execute it.
I guess it didn't go as plan again, hun?

Tony142:
God is partial o, where ona dey get all this sense from? This life no really balance, I wish that fool attacking me can have 1% of your sense the world would have been a better place

You being attacked?
You are the one doing literally all the causing,
Please go back to your fantasy wealth
I'm done with you for now,
Go and relax in your pseudo jacuzzi
And reminisce a better way to hustle the thread.
This method don cast a long time ago

Like your post stated, you started trading last year,
I have been around the block long enough to understand a scam pattern.
My dear, better luck next time.
Just pray I'm offline

Tony142:
If my aims was to scam people I would not have been here, because 98% of the people here are demo traders who are broke, so which money will I scam from them?


I would have been in YouTube or forexfactory instead, if scamming was really my aim, but, No, it was not the aim

See as you shade the full community, for someone whose only trade record is on a 100usd demo account that later blew in less than 2 weeks. You get mind ooo.
So why you come dey create WhatsApp group for the demo community?

As your money no reach those places, you gas start from somewhere

Forexfactory would have buried you a long time ago.

Tony142:
Hope u are with your paper and pen? Because your mentor (me) still have a lot to teach his boy(you)

Go back to demo where you belong..

Tony142:
Your eyes do not need to see your ears for u to believe you have ears

A popular phase used by conmen.
Time to walk the talk,
They start generating excuses.
Please go back to your boom and crash and let real and aspiring traders benefit here.

You have served your purpose as a scapegoat for intending scammers

Tony142:
Hahaha, your net worth is what I risk per trade in forex

Abi na, show doings...
Dreaming cost nothing...

Tony142:
I know why u are attacking since, the last motivational post u posted about back testing a strategy for 10yrs, I went against your point with some strong reasons, so you get angry and decide to wait till when I will post so that u can fire back



I saw all your games even b4 it started

I asked you to proof your theory with a trade explorer then since you decider to counter mine which is fine.
We are here to learn.
But it's best you show your theories in your practices the same way i have.
My trade explorer is there,
But when i ask of yours, you vanished.
Like how is that even an issue,
Show your theories in your account and let others have a better understanding of it.

Tony142:
Those who know who they are, do not have time to proof themselves to others , it is those who are seeking for attention that like to impress others



Even Jesus said that "blessed are those who do not see(there was not proof) but believe"

So why you dey create WhatsApp group?
Helllooo.. Who you wan impress?

Tony142:
I should drop my pride?...a man without pride is useless, why?...because pride comes from knowing that u have something or u are a somebody, so if u say I have pride that means I am something or I have a value, pride is not bad but too much of it is bad, but a man like u without pride is useless, why?...because poverty have make u to be humble even when u are not naturally humble , to make it worst, Forex have taken the little money left with you



Your humility is caused by poverty , so it is fakee

Have you seen my trade explorer?
Dude what are you sipping on?
You sound like your are copying and pasting from a notepad

Traders dey post doings,
You dey find free no deposit funds.
See ehen, just rest...

Create and thread and post your WhatsApp link.
You dey form you don't show off your trade and all, so what exactly is the purpose of the WhatsApp group?
You cheap as..s fraud.
You can't even be creative about it.

Tony142:
Someone more advance than you have tried wearing this shoe u are planning to wear, but they could not, so let me just be using one hands to be catchy cruise with you, while I use the other hand to be checking my winning trades that are running , like I said earlier I can buy your family



Because of the presence of trending market, ranging market and choppy market, 99% of traders now think that the market changes, if u are one of those who think the market changes then I can assure u that u are far below my level in trading



The market do not change, it is constant

I really hope for your sake, you actually become a better trader as you solely claim.
Drop your pride, there's alot to learn.
As it stands now you no get shishi


You can't just wake up in the evening out of hunger and write a full blown speech to create a WhatsApp Version of FTA, for someone who doesn't have proof or records to be trader. Like na so the hunger bad reach?

If e choke like that, open a thread and post your WhatsApp link far away from FTA.
So that when dem wan drag your fraudulent a...ss it won't soil the efforts of others here.

Tony142:
Dangote can afford to buy 10 million naira drink to wash his legs daily, but guess what? He will not do it, why?...because that is wastage of money, I am afford 750mb daily do not mean I should be wasting money



If u have money without money management skill u will still return back to been broke, so what I was doing was to apply a money management skill

Yeah, i already figured you will come up with a shi..tty excuse as usual.
If 750MB can really return you to being broke, then just rest.

Using dangote as a reference as actually a very poor sport, giving to recent event around him.
Clearly you don't know or associate with wealthy men to understand how things works.

They all have their vanity they spend money on, from overpriced paintings to gambling

My dear, just rest. This topic is above you. You dey form cliche since.

So you claim big man that can afford to buy someone's family but struggling on how 750MB finished under one hour

Tony142:
I can buy your family

Someone that wants to feed people's family dey cry over 750MB

You are not a clown, you are the circus


See ehen, I'm the wrong person you want to engage in such conversation