₦airaland Forum

i wished it was my account that received this said amount in error.
ATM machine things

hello guys, i was wondering about this topic, as more and more Nigerians are getting online these days.
For me, once i open my browser to browse for the day, the first website i check is my gmail.com account, then followed by Nairaland.com

What about yours?

Afam4eva: I can imagine what this election will be like. Anambra most definitely has the most educated Nigerians. Imagine the competition.

1) Chukwuma Soludo

2) Dora Akunyili

3) Chris Ngige

4) Ifeanyi Uba

5) Uche Ekwunife

6) Anny Okonkwo

7) etc

You forgot to add Prince Nicholas Ukachukwu.
That man is my candidate anyday anytime

Sad but true. Think of any investment that you have ever made. Were you able to finish a job in one day? And if you were so lucky, how many times did you do it again? Undoubtedly, very few. That’s because the universal rule of speculation is the same as for growth.

We need time to increase profits.

Successful Forex traders know that a one-minute market can move forward a little, in 5 minutes it will move a bit further, and in 60 minutes still more, and who knows how far it will go in one day or in one week. Losing traders feel like trading only within short periods of time, which automatically narrows their potential profit.

By definition they intentionally limit their profits and go along with unlimited losses. No wonder that so many come up with poor results in short-term trading. They have locked themselves into a hopeless situation, thinking that it is possible to make money during the day just by catching market ups and downs. And this theory seems to be rational, because when you trade within one day and don’t ever leave positions open for a night, you simply don’t rely on news events and major changes, and therefore narrow your risks. And this is incorrect for two reasons.

First of all, your risk is under your control. The only control you have in that business is the control over stop loss points – the point where positions close. Yes, there is a probability that next morning the market will open with a gap exceeding your stop (slip over your stop) even though it is a very rare case, but even then you can limit your losses, having stop loss points and willing to close loss-making trades. Losers stick to losses but not winners.

As soon as you set positions with stop-loss points, you can lose a fixed amount of money. Without any reference to the time your position opens, since your stop-loss point limits your risk. Your risk is the same whether you buy at the all time high point of market or at the all time low point.

Refusing to set positions overnight limits the amount of time that brings investment growth. Sometimes, although the market may open against us, we are still in the right direction, as the market is to open in favor of us in most cases.

And what is more important, when you finish trading at the end of the day, or worse at some made-up moment, let’s say, 5 – or 10-minute intervals, you radically narrow your profit potential. Remember, a big difference between winners and losers was mentioned, and that losers stuck to their losses? Well another distinction is that winners hold their winning positions, while losers go off the market way too soon. As for losers, they don’t wait for winning positions: they are so happy to make any profit that they leave the market too soon (mostly during the day).

You’ll never make big money, until you learn how to stick to winning positions. And the longer you stick to them, the bigger your potential profit can be. When farmers sow fields, they don’t dig the plants up every few minutes to see how they are growing. They let those plants grow and sprout. Traders can learn from this natural process. Trader success is not any different from successful farming. To cultivate successful trading, traders need time as well.

Read more: http://www.forextrading23.com

9jadelta: america is not safe, my people should come back home

rip to the dead

come back home to where?
Borno or Yobe

Piphacker,
Like how many times do you recommend we trade a day using your indicators on any currency pair

This Abati guy grammar don dey plenty ooh.
Now in terms of who speaks grammar more,
its Obahiagbon vs Okotie vs Abati

Good work Jonathan,
We want more infrastructural developments.

The website has been offline since last friday with everyone hoping that it would restored later,
but i just checked the website now and saw that the American Government has fully taken over the homepage
with a bold statement that LR is now officially closed.
please check it now
www.libertyreserve.com

I have been using Piphacker wonderful indicators for some 3 weeks now and have experience a decent level of success with it.
IV Jempol, Damiani and Chaikin are good for beginners.
You need to obey the signals from these indys if you want to enjoy them.
Also ensure you use a tight stoploss. I normally use 35 pips stoploss.
I attached a section of my trading account history using these indicators solely for all to see, and appreciate the wonderful works of piphacker.

My broker is Instaforex

willscolf: my dear instaforex, being a newbie on bom, i've bin hearin dose terms (stop loss nd take profit),cud u pls xplain wot dey rili mean perhaps in a leyman understanding.2ndly r u tryin 2 say u use 3hrs duration on 30mTF per trade using dose indicators?pls mke me understand,thanks.

Now i see where you are coming from.
You are a betonmarket trader.
for BOM, you do not need stop loss,
anyway as a newbie, i would still advise to practise and fully understand the forex market very well.

As for the duration of trading, we in forex trading do not have a particular duration as to how long a trade would last, you might be trading on 30 minute time frame and your trade could last as short as 30 minutes or as long as 6 hours.

All these depend on when the market moves in your favour.

As for stop loss, you do not need stop loss or take profit for betonmarket
cheers!

SL is stop loss
i use a 35 pips stop loss
with a profit target of between 15 - 40 pips per trade
my average trade duration is around 3 hours

Also if you want to enjoy their services,
remember to always use a good SL and manage your risk very well.
These indy are the best have seen so far

willscolf: gud day evry1,to my oga piphacker,i jst started followin ur post wia u talk abt som indicators lyk iv jempol,diamani volatmeter suport nd resistence etc.i've actually dowloaded nd inserted dem in my mt4.bt my question is:cn i use dem on 1m,5m time frame? if yes wot duration do i use 4 dem respectively.or beta stil tel me d best time frame 2 use nd dia duration respectively.thank u.

they are all suited for any time frame,
it only depends on your trading strategy
personally i use them on 30M and experience success with it

The markets has been flat since monday, especially on gbpusd and eurusd.

1st to comment

My thoughts are with Pazo these trying moments

These boko haramites are like ants.
don't they get finished?

This Govonor is always fond of making speeches and delivering lectures.
What has he done in state for the benefit of the people.
Chief Servant indeed!

what is on ground to show for all the security vote and allocation he has been receiving.

jeco: Liberty Reserve website is shuttered, the owner of the site was allegedly arrested in Spain for money laundery, one would say that LR is gone! lets keep eye on them.

O Boy, na God save me that friday before LR shutdown,

I was about depositing $200 into my LR account just before the shutdown.

My money for enter voicemail.

Sorry to all those that presently have funds trapped in Liberty.
Hopefully things would be sorted out

Baby Boy: Goodluck
Baby Girl: Patience

i wished the pix didn't end

lovely couple

Dear Piphacker,

I have been using your wonderful indicators (Jempol, Diamani, Chiakina) for the past 2 weeks and i have netted around 197 pips with it.
I used it on 30 mins TF, 35 pips tight SL, trade mostly GBPUSD & EURUSD. Occasionally on USDCHF, AUDUSD, NZDUSD.

And it has been very successful.

Am planning on going live, but I would like your recommendation?
I want to know how long (months or years) you have been using these indicators & strategy with much success?

Thanks once again

They for wait nah!

Naija Army, abeg level them all.
Nonsense and idiot

If Obama and his wife Michelle does not visit Nigeria when they tour Africa,
then Jonathan and his wife, Patience should also not visit United States whenever the tour North America.

Chikena!

Dear Piphacker,

I need your sincere response on this question,
Is it advisable to also enter a trade whose trend has been running for a couple of days or hours or minutes,
and confirmation from all indicators Diamiani, IV Jempol, Chiakin volatmeter indicates entry?

or

Should one only enter a trade once a new trend has started based on immediate confirmation from these indicators?

My reason for these question is that my 35 pip stoploss get hit easily if i apply the first question, have had more winning trades ensured whenever am trading immediately on a new trend.

Pls reply.
Thanks

Smoke them out,
Hunt them down
and Level the place.

Up Nigeria Military

Level the place!!!

Pls house, i would like to know whether they have started selling the forms for masters application and when is the closing date?