₦airaland Forum

charly20:
My guiding principle for success

Boss, what book is this?

GU and EU buy setup. I'm in EU but GU might be till Monday before I spot an entry.

I'm supposed to wait for EU to retrace off the M15 zone, but I entered earlier... I guess my psychology is still wobbly.

GU my entry will be on the break of the counter trendline unless I see some other reason beforehand

Feshizzy:
Abi make i open challenge?

Open oo chief

charly20:
My guiding principle for success

Bruh, please what's the name of this book?

I'm buying BTC...
I just dey try Trae am for the first time Biko, never traded it before so I don't know if it respects TA that well

sats:
Go live
Place only one trade with 0.01 lot with 30 - 50 pips sl to manage your emotion
Go up from there as you get better
Demo will not help you handle your emotion during trading

Thanks for the tip boss

VlamesIffect:
Yes sir. Total gambling.... I tell them forex is bet9ja that went to private school...i just look at all of them wasting their time here....na them go lose las las my boss.

guyy, your sarcasm no be here oo

realone12:
chill! calm down!! take a deep breath!!! don't try to gain back your losses!!!! take a break!!!!! then return to the market only When you see a clear opportunity that aligned with your strategy!!!!!!

Yes boss... Dorime!!

Piptocoin:
[color=indigo]First, I commend your honesty. It shows you are transparent. Then again, experience in trading has taught me less is more. This is a demo account, right? Would you be trading multiple instruments on a live account or on a prop firm account? You get my drift?[/color]

Yes chief, it's a demo. I'm considering opening a live acc with FBS so I decided to try their demo with their spreads and excecution speeds so that I experience firsthand.

But it doesn't absolve me of my losses.

VlamesIffect:
Good for u....

No worry na part of the process my boss....

Bro no worry, na because say na demo I dey looseguard. I don already get my strategy down but anytime I try to tweak it to increase my edge, I get burnt. I no go dey tweak strategy for live acc na

kozmicity:
Buying gold.

Omo, the amount of trades wey I don take between yesterday and today eh... Na 2 weeks worth

Fear don dey catch me

Every trade I took yesterday ended in a loss
EU
GU
GJ
GA
EJ
GOLD

Buying gold.

Omo, the amount of trades wey I don take between yesterday and today eh... Na 2 weeks worth

Fear don dey catch me

EJ buy limit
GU buy... I missed my entry by 40 pips, man has to sleep abeg.
Buying UJ too, missed earlier entry too

EJ buy limit order got ignored.
UJ hit SL.

GJ...

I have a buy setup with a falling wedge on the EU H1 that I'll post later on.
GU is creating an pattern which might turn out to be an inverse head and shoulders pattern for a buy on the M15. I'll post that chart too alongside the EU later on

Omo today's movement eh... I wan go sleep on my profits till like Thursday
Na demo account oo. I'm trying the FBS broker before thinking bout going live.

kozmicity:
UJ... As soon as market opens, I'm going to close my sell position. I think if it buys, I'll be looking at 135.100

But since I'm undecided... I'll be sitting on my hands

MODIFIED

Missed UJ buy

Did eggzactly whot I said it would

Meanwhile gold might retrace to 1860... I might miss the move but since it has bullish pressure my main bias is upwards

UJ... As soon as market opens, I'm going to close my sell position. I think if it buys, I'll be looking at 135.100

But since I'm undecided... I'll be sitting on my hands

MODIFIED

Missed UJ buy

VlamesIffect:
I only used webmoney for usd transaction & when i wanted to pay for stuffs from china ..i no sabi how their crypto platform work.... although i think if you have a formal passport with them you shouldn't have issues.... I never use bitpay before. I tried opening account but their platform just dey complicated....

Thanks chief

kozmicity:
Good morning folks, between webmoney, bitpay, neteller, sticpay and astropay.

Which one is the best for crypto deposit

Anyone please?

dotunibrahim7:
Yes. you boss

Boss... I greet you sir, how was Saturday night out?

Good morning folks, between webmoney, bitpay, neteller, sticpay and astropay.

Which one is the best for crypto deposit

kozmicity:
Sell
Modified
GU hit SL, but I got a reentry as I believe it's still bearish. GA hit TP too finally.

I also entered an EJ sell

Both finally hit TP yesterday.

Looking at my performance this week eh, I hope it gets better. I already hit the daily DD on Tuesday, I miscalculated by $80.

dotunibrahim7:
Kozmicity I greet you boss

Looks around

Boss are you talking to me?

Piptocoin:
[color=indigo]The truth of the market, when a person finally grasps it, is quite shocking...lol. In the end, trading is a very personal journey of development. Sidenote: I don't believe in youtube school of trading. I am all for pdfs, forums, hours of research, practice practice practice, execute, learn, execute. The experience is tremendous.[/color]

I said YouTube to encompass them all oo chief... The kind research wey I do eh, e be like say I wan write scientific report

The YouTube videos were for things like understanding leverage, videos on candlestick patterns, calculation of pips on xxxUSD, pip calculations on xxxJPY, Basis for strategy and trading plan creation...e.t.c.

As for the backtesting and foretesting eh

rainlover:
it's EXNESS standard demo account. Account. The spread on other pairs are normal ,except XAUUSD and BTCUUSD.

Sorry then... Can't help you there bro

VlamesIffect:
same here. Na lexus be my own with custom plate EURUSD..... honestly those calculations of how profits upon profits go accumulate in 6 months...till today my remaining $100 still dey iqoptions hand after i dun blow am from $650...i no verify before i deposit Noob mistake.....i leave that $100 as my tithe to remember where i start from.....

I no dey make that mistake oo... Verification first. I really cashout for binomo Sha. It was when I discovered forex I started losing in options. It reached a point I couldn't make a single dollar again... Prior to that I had like 3 months of steady cashout

VlamesIffect:
Comrade wey dun trade 1 min chart for 90% profit

I actually thought I'd buy a porshe in 3 months... Move my family abroad after 1 year. SMH

Dreams truly are for the ignorant

rainlover:
Why is the XAUUSD Spread this high?

I think because it's a micro account... Try opening a cent demo account and place trades. It could be that the spread is 2 or 20 but looks multiplied just like the way your deposit was multiplied.

rainlover:
It's normal sha. Nobody likes to lose money. They want to make money with losing a dime. After they must have blown multiple accounts, their brains will reset we have all had our own fair share of the cake

Not me o. My first blown account came two days after coming across fx trading. I opened my cent account with fxtm, deposited 2k. I didn't know anything about lot sizing and leverage. I think the lot size was 10.00 since I was demo trading on the normal 5mil account mt4 go give you.

Long story short, I got a margin call immediately I opened the trade using that 10.00 lot size . It was that loss that made me do my research and discover risk management. Did the whole babypips thing after that, I didn't finish tho...

VlamesIffect:
Indicators keh? i dun stop using indicators from my binary options days...pure P A. the issue was i was trading reversals instead of following the trend. & If my SL never hit i no go leave the trade...i gaz learn about mental stop loss & hard stop loss..+partial profits..

Aje... So, no be only me start from binary options. A real comrade