₦airaland Forum

I didn't even bother reading what he said, but I'm 100% sure it's fear. Tinubu's final hope is INEC chairman, Wike and his gang of judges.

I'm not supporting any group because they're all the same.

When we enter new price discovery, I'll not go against the trend. There is a guy ETH will liquidate his millions at $2,830, but currently at $2,634.

jayce232:
You are an asset to this thread!
But unfortunately the kind of information u share here many would never appreciate it until later years. Continue doing your thing, some of us really appreciate the knowledge u & gracéglory share on this thread. You guys are selfless.

It's all good. #Onelove.

Market makers and institutions hate retails that use volume to monitor them.

Look at how low weekly and monthly volumes are compared to the past.

Bearish divergence, but that doesn't mean a new ATH may not happen. Even if it happens, it won't hold for long before it falls.

GovernmentAgent:
Your god fired the first shot, I merely responded in kind

Nobody is anybody's God.

Yes, with two lines like this, I'll read and reply.

Have you drank beer today?
Why do you sleep here? An industry you don't like.

Robnectar:
When did u become d mouth piece of the people


So is ilege.ndd u are hating today

The guy has more than 50 accounts. After making a comment, he uses all his accounts to like his post to give the impression people agree with what he said. There is one above he gave himself 28 likes in 3 minutes. I just start to dey laugh.

I didn't read his reply, anyway. The fact he reads mine is more than enough for me.

I didn't watch this video, but I like the title.

If an old man like this understands your pension is gone and AI + Crypto has taken over, I wonder why a young guy on this thread usually promotes working in a brewery company and when you retire, you get your pension (Naira that must've lost more value by then) and finally live like a billionaire.

Stuck in old ways. Investing in agriculture is way better than doing what will lead you to pension.

From GPT.

The power of trading less is one of the most echoed themes among the best traders in history. It centers around selectivity, patience, and discipline—waiting for the highest probability setups and avoiding overtrading. Here's a powerful distilled tip from the best trading books and minds who lived by this principle:

🔥 “The money is made by sitting, not trading.” — Jesse Livermore

(From Reminiscences of a Stock Operator by Edwin Lefèvre)

Best Tip: The big money isn’t in the buying or selling, but in the waiting.

Livermore emphasized that most traders fail not because they don’t know when to enter, but because they lack the patience to wait—both before entering (for the perfect setup) and after entering (to let a trade mature).
He traded less but with conviction. He waited days, even weeks, for a setup he had complete confidence in. Then he acted decisively.

Bonus Nuggets from Other Greats:

Mark Minervini (Trade Like a Stock Market Wizard):

“Trade less, but trade better setups. Focus on A+ trades with proper risk-reward.”

William Eckhardt (Turtle Trader co-creator):

“The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street.”

Jack Schwager (Market Wizards series):

Many of the best traders interviewed said they only take a few high-conviction trades a year, but they’re selective and size up properly.

Peter Brandt (Diary of a Professional Commodity Trader):

“You don’t need to be in the market all the time. You need to be in when the odds are stacked in your favor.”


⚔️ Ultimate Tip:

Only take the trade that screams at you.
If you’re unsure, it’s a no. If you hesitate, it’s not time.
Think like a sniper, not a machine gunner.

LincolnOnyeabor:
On the average, how long does a swing trade last for you sir??

Not all trades are swings, but the lowest is swing.

1. Investment
2. Position
3. Swing
4. Gamble

An investment is always 2 years an half and that is buying in November, December, January of bear market (just like 2022). Always a No-DJ setup when BTC was at 15.6k.

Position is mostly 2 months and half to 6-9 months, depending on the season. Mostly an A or A+ setup. (Just like when BTC dumped to 49k or 74k this year.

Swing is 2 weeks and half or 2 months and half. Mostly a B or B+ setup, which we did last week when BTC fell to 98k.

Gamble is 2 days and half and you're out. Why? It's mostly a C+, C or D+ setup. It's more like buying high and selling higher, but e fit purge you. It's only No-DJ, A+, and A that doesn't purge.

Though, A+ and A can purge if black swan happens just like in 2020, but it rarely does.

I have given you an overdose of what you asked.

9japride:
[color=#006600][/color]

Oh, I meant what's the Ema length (ie 50, 100, 200 etc) and the time frame (ie 1hr, 1 day, 1week etc) or do you use a specific indicator as shown on the chart? In order to achieve the A or A+ set-up

If you want your screen to look like mine, no problem. The only issues is, I no longer like sharing such info because last time I did, someone used an indicator I recommended and instead of thank you, he came back to talk about how it doesn't work, blah blah blah.

Something I already told him I use it only on BTC high timeframe, but he used it on other coins low time frame and came back the cry. That incident got on my nerves, hence I no longer feel comfortable sharing what I use.

Promise me not to be like that guy.

Below is the indicator and my settings.
I changed only one thing and that is 89 to 135.

Also, in style section, I deselected 3 things, the Heiken Ashi candle and the two below it.

I only use it on 1 week TF. With this, you no longer need to add another 50 SMA.

Still works on 1 day TF (change 135 to 123), but 1 wk is my go-to.

10billionDollar:
This will further skyrocket the cost of living in rural and urban areas.
For instance since there's a ban on sachet water, low income earners will be forced to pay more to buy bigger plastic bottle water

I want the cost to things to be high and the environment clean and safe than the way it's in India where the cost of things are cheap, but environment dirty.

I want bags, no matter how small it is, to cost 2k and above so that we'll be forced to reuse and not dispose them easily like sachet water.

Poor people that love having too many children will begin to rethink their lives and know that 4 children is enough.

People will walk around with their expensive refillable bottle water and won't dispose it easy. Indirectly, it'll benefit the environment and our health.

Have you ever walked on the street and see money littered around and no one is picking them like in Venezuela? No.

Then, why do Nigeria litter dirt everywhere and always throwing things out of the windows of their vehicles?

Those bags should to be durable and expensive to the point big men can't dispose theirs let alone poor men.

I pray Lagos pulls through this, but I know they won't — it's initial gragra based on Nigerian standard.

Talking about low income earners, go and check how many children or side chicks most of them have and you'll know they don't pity themselves in the first place. Some of them are even training women in school.

9japride:
[color=#006600][/color]

Oh, I meant what's the Ema length (ie 50, 100, 200 etc) and the time frame (ie 1hr, 1 day, 1week etc) or do you use a specific indicator as shown on the chart? In order to achieve the A or A+ set-up

Rain sweet rain. Going back to sleep.

It's 50 SMA, 1 week timeframe.

9japride:
[color=#006600][/color]

Hi, please what's the period number you used for the EMA and the time period?
This set good,

Rephrase your question and be more specific as if I'm a 7 year old.

LincolnOnyeabor:
Slowly transitioning to swing trading even in Forex.

Most especially on Deriv.

Swings on Deriv, once you get the structure and liquidity right, na smooth sailing.

Well Deriv can be wiiillld shaaa

You'll only understand the power of swing after you've been burnt by manipulation of day-trading. Also, scalping and day-trading teach you how to be impatient.

I have been there. There is money in it when you get it right, but what about how it's indirectly teaching us impatience? This is one thing people don't realise about scalping.

Big money loves patient people while small money loves impatient people. I guess that's why Buffett is the greatest investor.

I like your gradual switch.

They don't always buy A or A+ setup in red, but love to buy B setup in green.

BTC is easy if you use only 1 week TF for your swing trade entry and stay patient until things materialize, but no, a Nigerian doesn't have that patience.

We and Indians are the most impatient people in the world and one day, we'll wake and realize 99% of our citizens are in abject poverty because of lack of patience. Please, don't be among them. Learn the Art of Patience.

I'm among the few people in crypto with peace of mind. I have unfollowed all crypto YouTube channels except Ben Cowen and Steven. I don't keep up with any macro reports anymore except ending of QT, which Ben will update me and even if he doesn't, the chart doesn't lie — it'll reflect.

If you're a beginner, don't follow this minimalist route yet, you need to be drowned first in your first 2-5 years with information overload, then finally crawl out of it to have peace of mind.

You'll thank me later.

List of people who are allowed to do whatever they want and go scot-free

1. Isreal — America will support them
2. Fulani — the government of Nigeria will support them
3. Wizkid, Beyonce, and Taylor Swift — Their fans will support it
4. Nigerian pastors, the one with private jets.
5. Trump
6. Boko Haram
7. America, China, and Russia
8. Kpaing anyone in the name that they blasphemed Mohammed without evidence.


These are the only sets people who can do whatever they want and go scot-free.

Having strict rules and a boring strategy is all you need to make it in crypto. My 108.2k short position is in good profit, but I can't sell. Why? Against my rule. I'd rather lose the money and my capital than to go against my rules ever again.

Keeping my rule is my most important win, not the money, which I consider a bonus or even vanity (if I want to sound religious) in the end.

crossbreedwears:
You need to do research about the money before coming to rank here. The money is not only for CcTV

I like the rank of commander in chief.

Will you make it possible for me?

Oil money.

So, this is what the military will do to us if we give them power again? And I was hoping for an Ibrahim Traore-like type of move.

Not just that, they'll still remove freedom of speech and people like VDM won't be able to talk about the ills of the society.

This is a military man and look at what he's doing.

With this, let's stick with democracy and the small freedom of speech we have.

Below is a B+ setup. One is long lived (two months and half) and the other is short lived (2 weeks and half).

Will the one we're currently facing now be long or short lived? It's quite easy to know if you study history of the cryptoverse.

There is nothing new in crypto. It's just a repetition of the past with some new twists.

If you know your woman's mother's character, you've known 80% of hers and if you know her besties character, you'll know the remaining 20%.

This is just crypto for you. You'll only understand it when you master the art of being calm in chaos.

They'll succeed as long as their leader is a Fulani. The government will supply them with all they need — guaranteed!

We'll look into the setups in future posts.

I'm not a fan of B or B+ Setups. My main setups are A, A+ and No-DJ.

I still trade B+, B, C+, C and even D+ and D setup.

Knowing the setup you're entering will give you a DIFFERENT level of confidence.

Bear market is actually a black swan, but in prolonged slow motion.

Those of you using iLegend's method, are you making money?

What a tricky question so that when people say yes, they'll go further and ask for evidence.

The aim is not for them to know if the method works or not, but to know if you're rich so that they'll start their DM begging or other forms of fraud against you. Why are Nigerians this smart, but in a negative way.

No one cares about you! They just want to know what you have and find a way to take their share of it. Period!

That call I made when BTC fell to 98k is a B setup and it has pumped to 108k and that is 10k increase.

If a B setup can go 10k up, then imagine what a B+, A, A+, and No-DJ setup will give you.

Now, the question is, how do I know the type of setup I'm trading?

Typing...

What type of trade did you take? 97% of people in crypto can't answer this question correctly.

The market doesn't just test your soul and your strategy. It tests your nervous system to see your heart rate.

You can control this heartbeat attack by knowing the type of trade you took and the SETUP.

I wouldn't mind sharing mine, but most won't understand, so I have to hold back.

harry2sexy:
Your sacrifice for us all will be greatly rewarded🤣🤣 cos if BTC goes to 148k, the world will not see your sacrifice but we will

This one wey I enter na better money o! Abeg, make him no go there o! Even if it goes there, I won't die sha. Life goes on. 😂

I'm tempted to include Thursday in my No Trade Days. I haven't opened any of my trading apps since today, being Thursday except Tradingview. My short position at 108k is still open and to be liquidated at 148k.

I don't even know the current price of BTC as at today. I'm detached to an extent since I turned off price and some early alerts. I only have 5%, 7% 10%, 15% and 20% alerts on.

If the market doesn't move at least 5% in a day, I wouldn't know.

papyjaypaul:
Thank you for these wise words Jamanze. It's not everything you bring to the market square. Even if he's looking for content, it's an empty content and I would not do business with this kind of basket mouth.

This post of his is the main reason I'll do business with him. Trust has been expressed, openly.

It's like saying, "Since VDM loves to talk and address things openly, he'll be a bad politician. He's going to expose corruption."

This is just a sign that you love corruption or handling corruption offline.

Evil people fear publicity, but sincere hearts fear not.

Starting from today, 99% of his clients will be people with good source of income. The fraudsters will run and that's good.

harry2sexy:
I disagree with this. Reason been every serious trader should have a percentage target set already as soon as they go long/short.

If you have to wait for certain days, you become too emotional and will want to find a better spike or better profit.

The market is dynamic, yes, there are patterns that guide us as traders but in trading today, everyone is trading against robot that are carrying out split second buy/sell orders, so waiting for specific times to hit the sell button is not advisable

If you're a trader (day-trader), your disagreement is valid, but if you're not, you need to reconsider.

Since this year, my post has only swing traders and above in mind — people who can hold for a minimum of 2 days.

If you're into day-trading, this guy's method would be better. Look at how I have forgotten his moniker. The guy that uses volume data. His posts are usually great for scalpers and day-traders.

For me, I can't remember when last I checked the 12 hours timeframe let alone 4 hours—they now irritate me. I'm more on long term trades and that's why my systems are built on waiting for good entries.

I was watching a video on YouTube, the title attracted me and the moment he started mentioning 4 hours and 15 minutes timeframe, I closed it because I know it's not my style. Used to be, but not anymore.

So, for a scalper, you're right.

I mostly listen to other people's trading psychology stories and I noticed we, humans, are all the the same.

Last night, while listening to one on YouTube, a section of the video caught my attention the most because it's 100% the same mindset the wall of Jericho and China was built.

I had to translate that part to text as a reminder to myself. It's just so powerful and relatable to me. It's the best way to trade and NOTHING more.

Read the text on the 4 images below and thank me later.

I'll be adding Wednesday to the days I'll not touch my trading app.

Now, the restriction starts from 3AM on Saturday and stops at 3AM on Monday. Then another lock is the entirety of Wednesday.

So, Saturday, Sunday and Wednesday, no trade for me. Even if BTC pumps of dumps 10% in those days, I'll just fold my hands and watch with zero interest even if I have a liquidation at stake.

But, if it's 20-30+% move in a single day (black swan or parabolic pump), then the rule is void on that particular day.

In this game, if you don't have days you avoid the market TOTALLY, no matter what, you'll never have full emotional control.

Inactive: Sat, Sun, Wed.
Active: Mon, Tue, Thu, Fri.