₦airaland Forum

Zionplace:
keep ranting and looking for who you can help your inconvenience. Until seun bans forex promotion on nairaland, you would never know how many people he saved from scams of yours

Now you are making slanderous claims when evidence points directly to you.
Instead of defending yourself like a man, you are throwing BS around. You ain't a trader just a f*cking scam looking for recognition, for the recs, I don't intend looking into people's money because I'm making mine quite alright unlike a loser like you looking for investment for you to squander.
If you study my post very well, I have always kicked against promotions, if you want to help others, please do but if you are looking for side benefits it means you are a low life poor degenerated retard.
Your alert would be worth looking at, if you were a trader but you are not and I can't belt a dime on you or your signal.

Zionplace:
Tell me if I asked you for a prove.
have you checked gbpjpy, it is a buy on H1 and may last long hours

Will you refund those that have been scammed here via nairaland? seun should ban forex promotion on nairaland, except the he creates proper registration platform that allows nairalanders to register unanonymously. Where is ogboraph? there are lot more of you guys here.

Promotion should be banned, I have always agreed to this fact.
And guess what? It should start with you and your thread, you deleted all evidence to clear your tracks, you are a sore loser trying to cheat others, now is that fair?
You should be banned, you and ogbo is no different. Promotions would be banned quite alright but not forex itself.
I can't believe I have been wasting time with you, while you are have preplanned to rob people in broad daylight.

jorel1:
I am very sorry about what happened to you.. but please how much did you lose I can help may be others here can support me to help you as well, we will see how much we can gather for you..but please when we give you give the money ..dont use it to trade but to take care of your family...

I can understand because I have been in this your situation before not once not twice ....I remember once you mentioned that you were leaving forex for good that your trade was your last trade then you call it quits but I became surprised you continued to post alerts afterwards which meant you decided to give it another shot and I guess that didnt work out for you either judging from your present predicament ,
THis forex is full of vices such as pride nobody wants to admit he or she is losing money , you need to humble yourself and seek advice from few traders ....thats why i always tell people take forex as a hobby first and develop a passion for it before you consider seeing it as a business.... you saw it first as a business without treating it with care thus your downfall, its just like the way you want gain a girls attention , if you make it obvious to her that you are in love with her boobs and assss or hungry to fucck her without making any attempt to be a gentle man you would have less chance of getting her..

So let us know how much you lost please.,, I can support you with max $1200 (please post your account number so I can wire it) , others here how much can you contribute with me to help this dude?? drop your donation for Zionplace

I was stalling for this hommie to finally be awake.
That loser don't deserve one penny, he got served. Karma is a b*tch.
I agree with you completely.

Zionplace:
If you have asked me to order you to provide your account history, how does it help you not to talk of me. The only trader I would appreciate his account history just posted but then he should go to custom period and create that of six months ago. but then, who will it epp

No one here, will give you hope that forex is real. Because we ain't going to post any for your viewing pleasure or dance to your tone.
Reason is that you have no point to prove,
If don't take the market serious because you already have a better means of income, but just because you do doesn't mean you come here talking dust, just in the name to prove a point.
Go to your day job, let's return to ours and stop derailing our thread.

Regards,
EF

Zionplace:
Like I earlier said, I make profits and make losses, same as all traders, professionals included and still in the business. But I say, the monthly cumulative profit will tell if you can achieve your basic living expenses from it without any external or additional source of income. truth is hard to hear, I know you want to be lazy

Trading forex does not tag on lazy,
It's just your black mentality that refuse to the break the bonds of slavery.
I broke mine a long time ago.
In life there is basically to two choices, working smart or working hard. Either way you win, but should I tag you lazy because you refuse to distinguish yourself from the crowd or your fear to engage yourself intellectually?
Monthly profit is enough to pay up bill and still have fund for a lucrative lifestyle but only if you break those chains.
For the rec, I have been living on forex from January and I'm still waxing strong.
The problem with you is that, you got so many problems, forex can't solve any for you Atleast not at this time. If you start trading just to pay bills you will lose. Because there would be too much at stake and that enough clouds your judgement.
Don't come here judging people that they a lazy because they trade forex, so george soros, warren buffet, tim sykes and the rest are lazy people too. Darn it! Get your facts straight boy, and stop poaching the wrong side.

Regards,
EF

Zionplace:
To all that have quoted me: keep confusing your career and alongside hold innocent traders along to your downfall, who your alert don epp here. have you even helped yourself. what is your monthly income or profit on fx. continue to deceive your inner man.

Forex is sweet, i still trade it, that I fund it again and again is not your business but your sickness. So far I keep having the money to do it, keep ranting your ass out. most of you guys here need to open your eyes.

Many of you that quoted me know how you gather your capital in bits and at the end, what does the capital amount to (grow and learn). If you continue like this, can you feed yourself not to talk about your family if any, now or in the future.

Try quote me again and realise the time I have for you
Mind you, I still trade fx and make cool profit, but not what I can boast of because with huge capital, you still have to earn in bits that at the end you may have a cumulative sum of the loss and profits.

You are just a slowpunk reject,
If you are losing in forex back to back for more than 5 years, the grey matter in your head didn't tell you that you need to switch?
You come here ranting, that you speak the truth but the real sense is that you are just wanting acceptance on your losing career,
Your greed is what put you in a position of losing, more than 5 years I no joke, it means you probably have seen all market moves and price pattern and still yet you lose because you refuse to learn from you mistakes and keep making the same mistake all over again and again and again.
And you come here to brag about your constant funding of you account and throw slanders in this room at will.
No one is deceiving anybody here, forex comes with a risk and it's all written in the fine prints on any broker.
Stay away from forex and here in general.
Don't spread you negative energy here.
If you need weekly statement on how real traders make money I can get you my own and that of other good nigeria traders that a principled enough to be able to distinguish between losing and winning. Not that you deserve it, you are no longer a trader to reckon with, you are just someone holding on to the last lifeline and looking for a way out. With you level of experience, you still can't distinguish between right and wrong. Darn it, you are one of those punks that relay basically on fancy indicators and your root in forex wasn't well grounds as you choose not the discipline yourself first.
Just one piece of advise for you young lad.

"If you can't do the time
Don't do the crime"

Regards,
EF

If this thread ever closes, my account should be closed with it. Well unless someone could create a specially designed nigeria forex forum that is not telegram, then count me in.
Well Mr Seun if you ever plan to close this thread, please close down my account with it.

Regards,
EF

abbeyforex:
What an elder sees while sitting down can never be seen by a kid climbing the highest of the mountain. Meeting people like you makes FOREX Journey a very interesting one but please answer currentprice question above.

The elder is suffering from longsightedness,
The kid climbed the tree because he was knowledgeable enough.
I already replied currentprice and mind you I don't trade stocks.
If you brought an issue on stock I probably won't argue with you, because this I no stock trading thread.
Guess what i called mr a and mr b, they didn't close their trade now price is at N2.
Currentprice was indirectly asking you the question.
Try and mislead you way out of it again,
Cheers.

Little should I wonder, Alabajo. Strictly babypips trader ,no real market knowledge.[/quote]

abbeyforex:
This should be one of those that attended Forex class on a weekend . 10am-5pm on Saturday .

Atleast you acknowledge the fact that I'm knowledgeable and you are wrong.

abbeyforex:
I guess this hommie is a frustrated trader that just blew his account and that's why he is transferring the aggression to me. Laakuuli , rolling on the floor laughing. This laugh wan make me shit for body Oo°˚˚˚° .

No no no my friend.
False accusation/misconception is device used by con-artist.
I'm battering you for misleading the public and yet you are still doing it.
I know I it the nail on the head.
But no hard feelings just get your acts straight .
Not everyone here is that gullible.

Regards,
EF

abbeyforex:
Bravo @ Jorel1, u said it all. Lakuuli ! Laugh wan comot my teeth Oo°˚˚˚° . Lips sealed! Fingers crossed. O shey.

Abbeyforex ko, abi forex ni.
Sealed lips but you are still talking,
Fingers crossed but still typing.
While Mr AB dey buy Mr CD dey sell.
And you say it's not zero sum, meaning everybody wins.
Is that what you tell your investors?

currentprice:
in other markets like Nigeria stock exchange where there is no short selling if Mr C bought at N15 and price drops to N10 and Mr D bought at N10 and price drops to N5.

you said when Mr A and B was buying it means someone was selling,,,,, abeg who is selling here

_{^{until your tell me who day sell here, i will agree with the man above me}}

^{many traders bought OANDO at 300 naira, continuing buying as price fall oando is now 4 naira. abeg who dey sell,,,,, and SEUN should tell me different between forex trading and his favorite stock trading},,

,

Sir, u just give me clue. Hahaha.
http://www.investopedia.com/articles/stocks/10/when-to-sell-stocks.asp

abbeyforex:
Was their any physical thing someone was buying and someone selling ? The concept of Forex is very different from the traditional market buying and selling. If A bought at #10 and B is buying at #15,it doesn't mean A is selling for #15. This is price speculation. You can only buy and exiit your trade or sell and exit your trade,that's why its a two edged market. This is also the reason why you can come to the market today and choose to be a seller first. You are selling what you have not bought right? That you are exiting your trade doesn't mean you are selling . If A bought at #10 and sold again at #15,then it is 2 transactions each standing on their own.
You said when Mr A was buying someone was selling, you are wrong sir. We can all choose to be buying and that's when a currency price starts shooting up and its over-priced. This is what happened some years back that made GOLD to be overpriced cos many believe GOLD should always increase in value and they made it a safe-haven until the crash.

Anyway,I don't know if am talking to a real trader here cos you don't seem to understand Forex, so that I won't be talking amidst.

You can buy and at the same time sell,it doesn't mean that your sell trade has cancelled your buy trade,instead you are having 2 opened trades. This is not garri market where you buy and sell what you bought. In forex, you buy and exit or you sell and exit. Not buy and later sell like the traditional market. I seal my lips and crossed my fingers till you call me back to do otherwise with your comment.

You contradict yourself greatly,
You need to go back to forex 101 and I also advice you go to babypips and gain enlightenment and while you are at it, remove forex from your name.
What are the causes of pullbacks and retest?
Well those are trader taking opposite trades and position being closed.
Just because you add forex to your name don't make you a trader either.

abbeyforex:
Was their any physical thing someone was buying and someone selling ? The concept of Forex is very different from the traditional market buying and selling. If A bought at #10 and B is buying at #15,it doesn't mean A is selling for #15. This is price speculation. You can only buy and exiit your trade or sell and exit your trade,that's why its a two edged market. That you are exiting your trade doesn't mean you are selling . If A bought at #10 and sold again at #15,then it is 2 transactions each standing on their own.

You can buy and at the same time sell,it doesn't mean that your sell trade has cancelled your buy trade,instead you are having 2 opened trades. This is not garri market where you buy and sell what you bought. In forex, you buy and exit or you sell and exit. Not buy and later sell like the traditional market. I seal my lips and crossed my fingers till you call me back to do otherwise with your comment.

For someone with your claimed experiences surprises me greatly,
You have the entire concept of forex very wrongly, i mean VERY WRONGLY.
Firstly, if you don't buy to later sell and sell to later,then why on earth was it could foreign exchange the first place?
Please house what is the point exchanging then?

abbeyforex:
I am not here to argue ,I have said what I know about the market , 9 years is no joke. But before I seal my lip for your noise to be louder, does the profit made by Mr. A from the loss of Mr. C or D. That Mr C or D entered the market at the wrong time towards the wrong side doesn't mean their loss is what Mr. A made as profit. Lips Sealed and Fingers Crossed, I am a silent follower.

Being silent or not.
9 years would be child's play if you keep deceiving yourself.
Do you know the reason why price went from N5 to N15? Nah, I don't think so, you thought it's computer manipulating price. I'm sorry but how you began your trading career matters even more. Your totally ignored the cause and effect theory.
Price moving is actually traders taken decision.
A clearer definition is what happened yesterday here in USDCAD, while some sold, some bought. At the end of the day, what do you think will happen at the end?
Like I said get your facts straight, Mr A and B concept is very persuasive but it's bullsh*t.

Edd1e:
Sometimes I wonder the truth that lies behind this statements..

"95% of people lose in forex"
"Forex is a zero-sum game"

All general statements are false; think about it.

And to Mr Ogboraph, what he doesn't know is that... "A problem cannot be solved using the same level of thinking that created it. (In other words, if you screw it up, you can't fix it.)".......

I beg to differ.
As regarding Ogbo, I agree but that is not a solution.

abbeyforex:
Very wrong sir ! In Forex,its not necessary that someone must loose for another person to make profit . Nay ! The concept is very simple, Mr A bought at #10 and when price rose to #15 he decided to exit his trade. At that point in time of exit ,there are some new entrants that are ready and willing to buy at #15 for a future rise in price. If the new entrants Mr B bought at #15 for future price gain, Mr A that is exiting would have made profit for buying from #10. In a nutshell, someone don't necessarily have to loose for another person gain, though in most cases we have greater loosers than gainers and that is due to not being versatile in the real KNOWLEDGE and BEHAVIOUR of the market.

Get your fact straight, he is right, it's a zero sum game. If Mr C bought at N15 and price drops to N10 and Mr D bought at N10 and price drops to N5. What's your definition of the market then?
Mind you when Mr A and B was buying it means someone was selling.

Regards,
EF

jorel1:
He isnt running a business, its more of a help. this is easy to claim

Help under false pretence is punishable by law.
No matter how you shape it, he wasn't helping no body, darn it! How can you can that help. When they actually paying money for a service/product that wasn't rendered. There by making the plaintiff run unto unexpected lose through the the agony of an uncompleted transaction.
You might not know this or choose to ignore the fact that the people that gave him the money had intention of making use of it, not to invest it in ogbo, ogbo don't it to an investment without informing the plaintiff,
You do totally forgot that in the WhatsApp ogbo said a certain amount was available.
Though court matter should only be a last resort. Any jury would see ogbo guilty and he would be in for a big time.
Sir you might go on and on, I would still have a counter suit ready for him and the more he tries to deny the more trouble and money he is going to pay.
IMHO

Regards,
EF

Seun:
Forex is a zero sum game, which means that for someone to win, someone else must lose. Even if every "investor" is disciplined and "smart" and following the "best strategies", some people must lose money in order for others to win. Every win is at the expense of someone's loses. And that is before you consider the fees. When you consider the fees, it becomes clear that retail forex is a very dumb business to be in.



Real business is superior in many ways:
1) In real business, whether you succeed or fail, you're providing a useful service to society. In retail FOREX speculation, you're not.
2) If all people who go into a legitimate business are smart, it is possible for all of them to be successful. In FOREX, many people must lose.
3) In FOREX, the winners are the brokers or lucky. In business, the winners are usually those who provide the best value to society.

I feel bad about disrupting the forex communities on Nairaland, but we'll be better off when real business topics start dominating this section.

I understand you completely sir,
If forex would be taken down so also should stocks, bonds, options, futures, ETF, CFD's, mutual funds, hedge funds, metals, Indices the list goes on as far as online trading goes.
Reason is all are zero sum game and should be treated equally.
All comes with certain risks. All brokers has disclaimers on the risk of losing money.
Sir if traders can't read the fine prints no one is to be blamed.
Sir before you ban, state a forex broker that doesn't have a disclaimer?
Not everyone has a million naira to invest in businesses, if traders don't do their homework it's on them.
Investment is to be seen as a second source of income.

Regards,
EF

Seun:
Once we ban forex promotion on Nairaland, things like this will no longer happen. Speculative businesses like forex are very prone to fraud.

Ogbograph technically never advertise anything,
He just acted to be making money, and some people here went behind to make deals with him, without informing anybody here, that's why everyone is so pissed.
The truth is that it was carelessness on their part.
The only way is to have a mod that is very knowledgeable on how this forex really works and place a caution or awareness on any trader making unethical promotions, banning or deleting their post won't solve this, the awareness will.
Just my 2 cents though.

Regards,
EF

jorel1:
And where did the defendant advertise net-teller funds for sell?? on whatzapp or online forum?? arent there registered companies existing where you would have carried out the said transaction? the only evidence I see is a whats app chat showing your discussions in private and maybe a bank slip... all these still doesn't hold.
I am not trying to be on sidelines with Ogbo but I only present to you all possible scenarios how this will play out..
worst case scenario if he agrees that he received money from you for a transaction , the court would only give him a deadline to payback or finalize the deal since your transaction probably doesn't have a fixed timeline to accomplish the transaction thus deemed as a transaction still in progress.

The plaintiff will still be termed as making a mockery of the court because you acted on basis of your own stupidity..he isnt operating a registered bussiness in Nigeria so whatever you did you shoud know you acted at your own risk...

I say you I right my friend.
You just brought out evidence.
1. Firstly operating a transaction without a business name thereby invading taxes. It doesn't matter where he advertise, just that he advertise.
2. The WhatsApp conversation and Bank slip is all the evidence needed to start a case, mind you there would be more than one plaintiff.
3. The deadline and payback, you are wrong on this part, there is a deadline and a payback, seems you had ignored that.

I'm not a lawyer, but I watch the entire season on suits, and I know where there is standing legal case and its all admissible in court. That is why I said they should give him a deadline and blow whistle is his account. Trust me it would make case when he tried to run away.

Regards,
EF

Jorel before you come here and say something else.
While you are here saying it's impossible.

You should read this
https://en.m.wikipedia.org/wiki/Foreign_exchange_fraud

https://en.m.wikipedia.org/wiki/Retail_foreign_exchange_trading

If the matter looks unsolvable then write a petition to the EFCC as a [color=#000000]last resort[/color].

Inasmuch this saddens my heart greatly,
I did saw this coming and I tried warning y'all about ogbo, but I was resented and some called me new and ogbo a long term professional.
I might be new here but I'm not new to the forex business.
Before I partook forex a while ago. I examined the pros and cons of this trade, yes I did my research.
And I found ogbo scam pattern along the line, only if y'all had listen. The real problem was Tom, he was a drowning man and ogbo baited him believing to have thrown in a life line. Now that was were the pattern was completed.
Anyway the did has been done.
We came here to help each other and to improve ourselves but now most of the talks is on ogbo and that is very sad.
To me let's find the ogbo and get leverage on him. That's the only way out.
Ogbo believes no one here got nothing on him, but let's prove him wrong.
For the greater good of us all.
And the money he took, would be refunded.
But those that has been scammed by ogbo should all come out and create a thread on him, darn it! That is long over due. All details on him should be posted there too. I'm sure we would get him, even if he runaway. First y'all that has deposit money in account gaddamnit f**king blow a whistle on his account

Regards,
EF

jorel1:
Before you go calling the police on the fraudster as tagged, think twice if you really legally have a case , was there an invoice of business transaction?? if he intends to deny any transaction ever happened even if any ever happened he could just claim (in this context) plausible deniability claiming the money was only a gift. transferring money into ones account is not enough to persecute someone.If the case ends up in court , you all lose within the first hearing.

The best thing you do is just wait till he pays , or if he doesn't then just consider it a loss for your stupidity and naivety..

I'm banking on him to act like that under oath.
That would be Perjury
It's becomes a criminal offence.
18.         Any person who commits perjury is liable to imprisonment for Punishment fourteen years. of perjury.
 
Jorel sadly you are very wrong, as long he took the money under false pretence, he has a legal case. But I do advise it to be the last resort.
Even there's a law binding verbal agreement and handshake agreement. You speak like you have enlightenment in legal matters but you are totally wrong.
Ogbo has more than one person he scammed meaning he could be sued by them all.
Trust me this country is hard enough, and hearing of foreign exchange scam would trigger some unhappy people waiting to get this case, the problem now is those the ogbo has any reputation he wants to protect?

Edd1e:
So, NFP has little to no effect this month, trade going as planned..

NFP is too weak

mrikay:
what happens to usdjpy now?

Sorry I meant.
USD and CAD as an individual and a pair

Karlebolu:
Now!

Thanks mate.
1:30pm our local time.
High impact on USDCAD,

friendbee:
NFP........................................BLOWER..........OF..................FOREX................ACCOUNT.

DESTROYER...........................OF.........................CAPITAL.


SLAYER..........................OF......................................NEWBIES


DAZER...................................OF....................................THE.........................UNWISE.

Darn It! How did i miss today is NFP thanks for the heads up Friendbee,
when does it start?

jorel1:
of-course anything that is against me is always okay with you ..but its in a sell area actually but my hope and faith strategy tells me to hold on to the trade already in +255 pips...willing to give up all anyway if Iheanyiebenezes scheme takes me out .

You know very well that none of us control what happens in the market.
It's a war zone out there, we need to be one in here.
Anyway we are all entitled to an opinion and for the recs, I hold nothing against you my friend.

Regards,
EF

jorel1:
Apparently you are saying I would give back all my profits to you . My prayer is it continues going higher .

I'm with iheanyiebeneze on the SELL on USDCAD, he said that in good faith

Regards,
EF

jorel1:
Ooh you chose to focus on my idiomatic rhetorics ( especially the negative one ) rather than the true message. ....Well am still on a sell with this pair. Wish me luck...

Although some dude above says its professional to run from one pair to another after failing in one...while to some like me it is very unprofessional....
Probably you need to check your system for review because from your results since inception. you seem to fall within my merry go round or mirror maze hypothesis..

Dear Sir, this is not a race or competition,
Everyone has a trading style that suits mostly
Someone would later say I like to quote.
Well, people like this is why I quote.

Regards,
EF

PIPsharingan:
Lol... Jorel Jorel,

I have left that hunt for you to feed on, we all know that the rate of fire from your machine gun matches the speed at which you spew words from your mouth.

I am out of strength, and my slashing precision is weak,
a rest would do to replenish my skill, the hustle(forex) will not end after today, so why fall in love with just one fight(pair)?

Happy slashing

Wise Words from a Sensei,
You didn't disappoint me in anyway.
+1

Regards,
EF