₦airaland Forum

oohrhiifx:
Thank you for your response.

Now in reply to what you wrote here. Stop loss is the singular and most important tool in the financial market trading, Yes Your Stop loss POINT note the bolded may not be guaranteed when gaps occur in markets and that's beacause when gaps occurs price points are skipped which may include your specified point, but you can be rest assured that the position will be closed immediately at the next available price point. So please correct the above sentence STOP loss is a guaranty tool to help you protect your portfolio. A non guaranty of your specified point during gaps which are rare is different from non functionality of a tool.

As regards your explanation regarding contemporary trading, and you having some institutional traders as friends, I would kindly suggest you speak with them again and get your facts right, No trader.. I repeat no professional trader would expose his portfolio and invest in an instrument on a particular position without taking into considerations the risks involved, your no stop loss advocacy actually proves how non challant you are regarding portfolios. How can you expose a portfolio into the market without proper risk management strategy in place. I see that you referred to your friends managing a million dollars without using stop loss, but hedging the trades, do you also consider how much they trade with per transaction, do you consider the percentage exposure it is to the total account? Ever heard of what is called JENSEN INDEX , TREYNOR INDEX, VALUE RISK MODEL, or MPT? All these are approaches that are being used in measuring the performance of a portfolio and they all include putting the risk management approach as the most important factor, It's risk to reward ratio and how well the portfolio manager has performed. I will suggest you talk to them again bro. Here you are having a 200$ account hoping to get it to 1 million according to you and without stop loss or any risk management strategy in place. What happens if the market goes against you suddenly? What if the same Gap you spoke about happens, and the trade goes against you say 100 pips can you explain how you intend to manage that? You would hedge the trade, with how much ? The same lot size?What if it just keeps going? Remember this is FX not equity or bonds, the price might not come back to your entry point in the next 3 years or more, What about your broker leverage? Margin call point, Unless you are trading with the DD brokers that offers unreasonable leverages which would help you ruin your account anyway, no NDD STP/ECN brokerage company would ever offer you more than 1:500 and even at that, you cannot survive the market without risk management strategy.NO one can and NO portfolio can, even martingale trading strategy which involves unlimited account balance cannot survive it. Google these thins bro.

You said STOP LOSS is a scam by brokers, hearing this singular sentence from you shows how not so experienced you are in the financial markets( no insult intended), you possibly belong to the class of those that believe that their stop loss points is a target for their brokers or the market. If truly bro you understand that stop loss point are comprehensive analytical points which is supposed to render your current trading perspective null when it hits then you would understand how important STOP LOSS is in financial trading success. It is the only tool that helps you to manage and control your risk and losses in these highly volatile, highly leveraged financial market. No one should invest without putting risk into considerations.

As I said I wish you all the best In Your quest, but I am very sure , this thread would be inactive in a matter of weeks, a month max. But then I hope you prove me wrong.

Just in case you're wondering who I am you can check my profile on forexfactory , including an 8 month live account result with live streaming. http://www.forexfactory.com/oohrhiifx#acct.12. Cos every body calls themselves professional traders these days. Quoting years out of nothing.

Best Regards.

Thank you for your criticism.

Professional trading is a relative term and it all depends on what methodology brings in the bucks. I am here to prove a point and the early angst from your response is unwarranted. If you're a pro, I do not disagree; you can open a thread and lets follow you with meaningful arguments.


I gain nothing by claiming I have hedge fund managers who are my good friends. I've worked and shared ideas with many of them. They do not use Stop Loss. Please WATCH the said video I uploaded. I can send you more videos of traders with millions of $$. They do not use Stop Loss.


It is important to note that the Stop Loss function is a primary tool in retail forex broker platforms. With larger volumes on Prime brokers, a stop order is strictly an equal volume in the opposite direction. Let me stop here before we delve into the realm of FIFO.


I looked up your Forexfactory link and discovered you joined in February 2016 with a leverage of 500:1. I really do not know of any professional that trades with such a high leverage. You may have your methods but as long as you stand out, I wish you well.


You can continue to follow my posts and trades. Just maybe a new concept of trading which defies your principles will amaze you. There are many ways to trade forex but Money Management and results are what matters.


I implore you read thoroughly before making arguments. The Live account displayed here has been battered by a follower and I have painstakingly deposited $196 to prove a point. Its up to me to make the $1 million feat possible. If you can't achieve such a feat, others can!


I wish you a prosperous trading week. I'm willing to see snapshots of your account on my thread as we progress.


Best regards.



#FX CRAFT

oohrhiifx:
Hi bro,

I must commend your determination, and pray that you would achieve your aim, of course as a professional trader too I know anything is possible in the financial market however your dream has 1 very important flaw and that is the none application of Stop loss points in your trades, this exposes your portfolio to absolute risk of loss.

As I said earlier, I hopefully pray you succeed In Your quest.

Thank you for your response.

Stop losses are never guaranteed in any financial markets especially when 'gaps' occur. I am happy that you're a professional trader and you'll agree with me that the 'Stop Loss' function is a tool with which most retail brokers exploit their clients.


In contemporary trading, big time traders do not depend on Stops. i have big hedge fund traders as friends and none make use of the Stop Loss function. No trader with an account over $1 million would risk a particular amount of pips. What they do is hedge the trades or exit positions to curtail losses.

I have been profitable over the years with my strategy and I'm an advocate of trading without Stops and Take Profit. Trade with the trend only and exit when reversals are formed.


If you have further concerns, I shall be willing to throw more light on the subject. A happy trading week to you. I have also decided to attach the link to a professional trader I know personally who organised a class on Forex Trading. Hope the video helps.


Thank you.




https://www.youtube.com/watch?v=6tBJ6-zsb9s

powerfulsettingz:
I can't even comprehend this

Thank you for replying. If you are confused with any of my posts, please kindly indicate your area of difficulty and i'll do my best to explain in detail.




#FXCRAFT

NOTE : I have rebranded to FXCRAFT as a team. Our services are no longer free. Please bear with me as we have other professionals in the team to ensure our clients maximize their success.




WHO I AM : A Forex trader who trades the Forex market for a living with over 8 years experience.



WHAT I DO : Trade the Forex market on intra-day basis sharing trade thoughts, execution and analysis (technical and fundamental) with the
sole aim of achieving success.


ACCOUNT DETAILS : The Master account which will be displayed has already suffered huge losses in the past and was traded by one of my
followers. I shall convince followers that anything is possible when you have focus, determination and finesse. In that
regard, I have deposited a small capital to achieve that aim.
(This is just a display account and one of the accounts I trade)


HOW POSTS WILL BE ORGANISED : Every Instant Live trade will be available on Whatsapp only!
At the end of every trading day, I shall post all trades with explanations if necessary.
At the end of every week/month, a snapshot of my stats will be available on this forum.


IS IT FREE : This service is totally free! For traders who have a dearth of investment confidence and newbies who still find it daunting, this is
the right thread for you.



HOW CAN I GET THE LIVE TRADES : Whatsapp only! Join my group, FX CRAFT on +2348157946628.
(Please only meaningful posts are allowed on that forum as well as this thread)



TRADE DESCRIPTION : Essentially, I employ both Technical and Fundamental indicators. I trade without Take Profit or Stop Loss and
NEVER against the trend. I do not scalp the markets!




WHO CAN BENEFIT : Both new traders and professional traders.


WHAT IS YOUR MISSION : 1. To convert $196 to $1 million with public witnesses
2. To convince my followers that financial freedom is possible through Forex trading.


WHAT IS YOUR VISION : To become the largest hedge fund investment hub in the world in 15 years.


MOTTO : Yes we can!




WHAT ARE YOUR CONTACTS : 1. Whatsapp : +2348157946628 (recommended)

2. Twitter : @FXCRAFTservice




NB : I shall be launching a separate group into trading Stocks, Futures, Commodities and Equities. If you're a trader in any of these instruments, stay tuned!


UPDATE
The following monikers have been approved for this thread; @baylord77, @suzyFXCRAFT, @FXCRAFT

Nigeria is becoming more of an impasse. Why parade a Yahoo boy when there are Fulani herdsmen wrecking havoc everywhere?

Terrible president who wasn't ready for governance in the first place.







#diehardPDP

I'm waiitng for Bubu to make comments about this. This will surely take forever I guess.

Good one but we do not need a flawed personality like yours at the helm of affairs.

3 months as discussed. Nothing more!






#diehardPDP

Buhari is a scam!

He irritates me!







#diehardPDP

K

Buhari is a scam!

He irritates me!







#diehardPDP

so i've been killing myself in the name of forming 'Americana'.

bizz:
Hi sorry for the delay
I have been very busy
Here is your video
https://www.youtube.com/watch?v=Ia5nKA5B_5Y
if you need anything else,feel free to inbox me anytime
thanks
Dr Igho

Hi
I love your work
I will like you to create 20 videos for my company.
lets talk via inbox
thanks
P

magicfingers009:
RUBBISH!
1) She cliamed to be 17 in 2008 and claims to b 26 now. The maths doesn't add up.
2) she agreed to flirting with his friends to make him jealous since he sleeps with everything in a skirt.
3) Why start d drama rejoicing over the dead of Prince Audu when in all the episodes released, the prince knee nothing about the ordeal
4) thru out her Facebook convo with her lover, she never gave an inkling to having a rape ordeal.
5) going thru that fb chat, u wud agree she was in that relationship all by herself as the guy wasn't romantically attached to her.
6) in the fb chat, she even had a thing with a girl. That sugabelly had her hands in many cookies.
Sugabelly personality precedes her. Shes popular known on twitter for her infamous lies.

May we not be at the mercies of an obsessed woman.

You have not made a valid point. This is not how to win cases and your emotions surmount your judgement owing to your moral beliefs.

Please be thorough in your analysis and you'll agree that Barcanista is yet to disprove the rape allegation.

I'm sure more emails will surface in due time.

If Barcanista is reading this, you made logical arguments but not good enough to quash the rape allegation.

You succeeded in proving a relationship gone sour but the crux of the matter is rape which anyone is yet to prove.

Frankly speaking, after reading her tales, I can confidently put it as mere conjectures that won't stand before a competent court. We need more information like documented medical history after the incident, colleagues from her former workplace and close confidants who may have been aware of her ordeals.

Let me put it to you that if she can prove the motive behind her rape, Mustapha is finished and partly, you've done that. Jealousy is enough motive to gang rape especially when the same individuals she flirted with were involved.

Again, you failed to factor in her age. If she can prove these events occurred below 18 years, then whatever pleasure she felt would have been fantasy come true at that age. It's almost always the norm with wild teenagers.

She claimed she received a 'legal threat' from Mustapha way back. That is enough to indict Mustapha if she can provide proof. Why would anyone go that far? He was defensive and surely trying hard to conceal something.

The last straw to break the camel's back would be more indicting evidence especially messages and witnesses which I believe she should have shored up by now because people of that calibre when accused, fight dirty.

By and large, the whole story is still sketchy but tilting against Mustapha. No one is interested in the 'bleeps' or the relationship for that matter. What makes a case here is the rape allegation and her age. It doesn't matter if she slept with his friends at will while they were dating but taking turns on her without her consent and coating it with threats only brings one conclusion, he's guilty.

Its spelt as 'Junketeer' not 'Junketer'. SaharaReporters take note!

Oga, the money big o! Make i look again, over N370mil for just helicopters. God help us. If this man's debunking story were true, i'd suggest he sues EFCC for furnishing the public with false information.

APC and propaganda are like bread and butter.




#diehard PDP

paramakina202:
PDP remains the only national party and still the best.

I agree absolutely.



#diehard PDP

elshanAutos:
I'm not guilty of any of these, and have only gotten one buyer via nairaland in the past month, Whereas Olx has smiled me to the bank (as Olanshi said ) more in recent times. Why is that so?
Dollz does have a valid point still..
But as Calculus said, most cars get sold via referrals (friends,family,customers,mechanics, etc)

Yes you are. I have followed most cars you post here and they are way too expensive and always above the 'average market price'.

Same goes with another dealer called Chibecan. For all our sakes, the economy is not in good shape. Always remember that you cannot make a killing with one deal. Be considerate and sales will come your way.

Corolla 2003 is fuel economical and durable. Takes you anywhere and maintenance cost is low.

Its obvious Nairalanders want that Revlution's thread opened for more bashing of Inspiredautos. I think the thread has already been flagged and unsuspecting buyers can make sense of that. I wonder what Inspired does with the proceeds of his deals that he can't refund N2.7 mil to Revlution.




#diehardPDP



.

sainty2k3:
Yes , it is very possible. The risk of male to female transmission is 0.07 to 0.08% per unprotected vag.in.a intercouse.although this also depends on the ,man's viral load and drug complaint if he's on drug. The risk is Much lower in kissing, and higher if there is cut from infected sharp object.
But the risk is still there and there is no wisdom in taken chances, discordant couple should use condom always

Please verify before posting things with authority. The chances through cuts are lower because the virus dies almost instantly once exposed. This is because it cannot withstand room temperature and air too. Even with sharps, few cases have been recorded. An ideal survival environment is the vagina.

Chances are higher for infected syringes as the virus is kept alive my the moist remnants in the syringe which is fluid.


http://helpline.aidsvancouver.org/question/high-risk-kinfe-cut-pep






#diehardPDP



.

This is ludicrous. It is preposterous to usurp the position when the real officers have been complaining about living standards. How he survived without government salary amazes me. Was he just there for the stipends from buses? What was his motive? Its surely not actualizing a dream.




#diehardPDP



.

This world is a wicked place. Inhumanity is becoming the norm.





#diehardPDP

There is God. This is just proof. Such miracles can't happen in Nigeria when you have a Daura President @ d helm of affairs who doesn't think that roads should be built after all, he may have failed phyaics and health education if his result were found.






#diehardPDP

I. Get a Random Blood Sugar done.

Stop any antifungal cream you're applying and do the following;

Wash the affected area clean and dry it. Apply Cream Nixoderm 3x daily for 1 month.

Hit me your results when they are ready.




#diehardPDP

Is this plan still working. Antone still browsing with it?




#diehardPDP

cramjones:
Only in Nigeria will a murderer for power be celebrated! Adorable my foot. Time will tell how long you will last in this position. The blood of those precious lives you took are still crying and must find justice.

-CramJones

Close that your mouth my friend. Tell that to Buhari who instigated the killings of Corps members in 2011. Do you have evidence in the first place? And you're Cram what again?





#diehardPDP

Hi Neupert.

Do you have the charger and 12 cell battery for Dell XPS 14? May I know how long the 12 cell battery can last?

Is your battery directly from Dell?

Do you offer 'Pay On Delivery' to Enugu?

Thank you.

A president who concefed defeat wa would not be greedy to claim the BOT chairman because he knows the implication to the party's future. With the other relevant positions being occupied by the Southerners, we need a Northern BOT chairman. GEJ, I confide in your leadership. Carry go!



#diehardPDP