Education › Re: A Massive Asteroid Got Extremely Close To Earth And Scientists Didn't Know Until by kumulus(m): 3:39am On Jul 31, 2019 |
Simplecity: why are they den called intercontinental not outerspace ballistic missile....yall think a missile can just fly from earth to space ...when it takes a rocket three burst to overcome earths gravitational pull and break out of its atmosphere...na wa oo..do some research man....have you ever heard of man lauching a missile into outer space?? Missile?? Not rocket You might need to read the comment you quoted again sir, except of course you're refusing to see it. Good luck!! |
Education › Re: A Massive Asteroid Got Extremely Close To Earth And Scientists Didn't Know Until by kumulus(m): 4:42pm On Jul 30, 2019 |
Odogu9195: H Lol again you just explained what Elon Musk said about humans Living in a Stimulation. For the sake of argument let’s say you are right using “Moore’s law”, maybe in the distance future, we humans evolved to a point where we could be able to stimulate virtual reality if we are no longer able to evolve, which by the way it’s possible considering how fast we are with technology, take for instance around 40years ago we played pong, decades later we have VR. We humans are on track to be a type 1 civilization within the next 100years. Now let’s talk about how feasible what you saying is, do you actually know the computing power required to actually stimulate human reality down to the molecular level?? I personally think consciousness is simply a natural information processing and not on the computational theory of the mind. Again bro it’s not NASA fear mongering! It’s facts VR had always been since the days of the first men lol....sooner or later humanity will realize it's been panning backwards all along. It's a journey and we are almost there. -Lloyd |
Education › Re: A Massive Asteroid Got Extremely Close To Earth And Scientists Didn't Know Until by kumulus(m): 4:39pm On Jul 30, 2019 |
VRDroid: Not just one designer. There are many designers at the larger consciousness system and we are just individuated units or nodes of consciousness on specific spectrum of Earth's band of frequencies.
It is a computed Hologram wirh entire back up team and servers powering the system.
NASA may just be pushing their fear based propaganda.
There is automated intelligenceas will inidividuated team maintaining all created worlds. We are not a mistake of happenstance. Everything is crafted based on laws. The higher laws overcomes the lower laws. •Planes of Existence/Manifestation -Lloyd |
Education › Re: A Massive Asteroid Got Extremely Close To Earth And Scientists Didn't Know Until by kumulus(m): 4:38pm On Jul 30, 2019 |
Simplecity: bruh...."intercontinental" those missiles do not reach space Someone already mentioned there are longer range missiles with heavier payloads on the space stations....you think he joked?? |
Education › Re: A Massive Asteroid Got Extremely Close To Earth And Scientists Didn't Know Until by kumulus(m): 4:33pm On Jul 30, 2019 |
Odogu9195: I agree with you on the institutionalize part, that ideology that says don’t ask questions just believ and have faith is something I no fit understand. Every religion that matures must start questioning itself, it is in questioning ourself see begin to grow. In our infancy when we where young we believed everything l, and we get older we question everything. It’s just how it is That's not very accurately put sir, in infancy we asked questions...we were explorers in a new environment and we questioned EVERYTHING, we got shut up by the authoritative elements of the social structure ( Elders, parents, religion, law...). The system was designed to bring us under control at all cost, what we need is go back to the ways of our infancy (curiosity). Even Jesus said, except a man be born again (i.e become like a child) he CANNOT and/or WILL NOT see the kingdom of God!. ***Shït I typed this listening to Warfare by Damian Marley and Nas (I love this duo always) .........."we keep on walking on the road to Zion,.........Jah will be waiting there" -Lloyd |
Education › Re: A Massive Asteroid Got Extremely Close To Earth And Scientists Didn't Know Until by kumulus(m): 4:27pm On Jul 30, 2019 |
VRDroid: There is a limit to what the brain can do on a low vibration and limited attention bandwidth. Elon will help us out with Neuralace, so we could put a chip on our brain and have access to greater knowledge of the mechanics of the universe so we can harness the intelligence we need to watch out and move to other planets and Galaxies. @bolded is a fact, that's why we were cultured right from birth or maybe earlier to grow our brains by using it for everything. Scientist lie when they say they don't know why Einstein used a very limited amount of his brain ( they even came up with the interconnectedness of brain cells lol, of course it is but how did it become like that??!). It was apparent he wasn't using his brain for most activities, maybe the petty ones... |
Education › Re: A Massive Asteroid Got Extremely Close To Earth And Scientists Didn't Know Until by kumulus(m): 4:17pm On Jul 30, 2019 |
Odogu9195: I think religion teaches people to stop questioning, just like Galileo said the purpose of science is to determine how the heavens go, while the purpose of religion is to determine how to go to heaven. I need to ask questions, it has to make sense otherwise I would question it. We where able to evolve out of our own curiosity. I have never had any problems reconciling science and faith.. and I stil dont Science and faith goes very well together, the problem is when it becomes institutionalized. Take a look at all institutionalize entities around you, and you'll find they're all nothing but lies. Genesis 3 fully details what the problem of humanity is, the fall. It was simply put to us that 'man became like Us'....ever asked why pastors and g.o's don't thrash out these topics with their congregation; either they know not (like the scribes Jesus asked wether they also knew not the sayings of the book) or they do but chose to have their members veiled (those who aren't interested in going in and are standing in the way of those who would love to be in). The revolution is here, all of them go hear am!! -Lloyd |
Education › Re: My Younger Sister Is Too Dull. by kumulus(m): 1:42pm On Jul 30, 2019 |
PORP: Go with her to see a counsellor. Psychologist |
Health › Re: Youths Finding Succour In Drugs: The Puzzle Continues by kumulus(m): 12:59pm On Jul 30, 2019 |
TheWrita: Nothing puzzling about that. Drugs=escapism. That's the term for what's happening
When your life is nothing to write home about and there is no hope for the future..while the world around you (whereas this is the the misconception) is messed up,drugs become the perfect escape,albeit temporary. They're not escaping from the world, they're running from their 'self' in its many manifestations. As within, so without! - Trismegistus |
Education › Re: A Massive Asteroid Got Extremely Close To Earth And Scientists Didn't Know Until by kumulus(m): 9:39am On Jul 30, 2019 |
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Education › Re: A Massive Asteroid Got Extremely Close To Earth And Scientists Didn't Know Until by kumulus(m): 9:37am On Jul 30, 2019 |
Odogu9195: You just literally explained what we call the “Fibonacci sequence”. But someone else might look at the universe in a different way. We have folks who believed in the beginning god created the heavens and earth, and earth was dark and he created light. Which by the way we know for a fact that’s not true. The sun and the earth formed around the same time our solor system formed. Also we have folks who talk about the “Drake Equation”,that been said, I do agree with you there is a designer out there. Because when u really look at How earth is compared to other rock planets or exo-planets you begin to wonder The designer lives in YOU, find this truth and the strength to accept it and ye shall be indeed free. - Lloyd The Bible is a codec of some sort, information compressed into symbolisms for the adepts to decipher but studentship comes first. We are masters raised to believe we aren't, now we have to learn mastery over again...shame!! |
Career › Re: Man Who Fetches Sand For A Living In Enugu (Photos) by kumulus(m): 9:23am On Jul 30, 2019 |
Aderewah: Lol. More muscle than sense. In Asia or Europe, atleast one mechanical engineer would have thought of a mechanism to extract the sand without unnecessary stress and risk to life. ....and they were complaining on one thread about why Dangote didn't contract a project to Nigerian engineers lol.... |
Business › Re: World's Largest Atmospheric Tower For Dangote Refinery Sets Sail From China (PIC by kumulus(m): 9:10am On Jul 30, 2019 |
BigBashiru: The Nigerian engineers are more interested in "making money" and being "big boys" than excellence! Way beyond their hunger for funds sef, this is a project that requires precision....who would leave hundreds of millions of dollars in the hands of people who couldn't plan and commandeer an electoral process in 4years lol. Moreover, the few qualified ones who studied in Nigeria didn't wait in Nigeria, they moved. No disrespect, but most Nigerian graduates are schooled and not educated. There's a difference! Only a handful are worthy graduates.... -Lloyd |
Business › Re: World's Largest Atmospheric Tower For Dangote Refinery Sets Sail From China (PIC by kumulus(m): 9:04am On Jul 30, 2019 |
Once facilities starts full operations, Lagos is about to get a major boost in all sectors. Nigeria is finally getting off the hook, I understand it's some people's headache that it's always Dangote everywhere....you too dream your dreams, he's only birthing the images he's been painting in his studio...the world is your gallery man, I'm proud to be a fellow painter!
- Lloyd |
Education › Re: Please Help!!!!!!what Can My Younger Brother Study With This Result (pic) by kumulus(m): 3:03pm On Jul 29, 2019 |
What are his true passions  ! Let him follow his truths. He alone knows the colors that paints his picture in his head!!! |
Investment › Re: Binary, Forex & Crypto Trader Needed Urgently by kumulus(m): 8:32pm On Jul 28, 2019 |
solablings: Best reply I'm getting in all that has been dropped.
How can I contact you pls My contact details are in the signature. |
Politics › Re: The Shocking History Of Nigeria We Were Never Told by kumulus(m): 9:00pm On Jul 27, 2019 |
Identity issues.....the very thing the bible preached in Gen. 3; "....and man became like US.."
Understand this and you'll have your eye opened!
-Lloyd |
Jobs/Vacancies › Re: Any Business Idea I Can Start With 500k? by kumulus(m): 12:14pm On Jul 27, 2019*. Modified: 10:47pm On Jul 12, 2021 |
ekineme: OP do a careful analysis of your strength and weakness, what motivates you. You need to do what makes you happy and also gives you your daily bread, that way you can be able to withstand the difficult days. Having said I will drop my little ideas here, Hope you will find it useful: Start a mini Factory: 1. Chalk production and refill ink production, both will cost you less than 100k for the local machine and less than 200k if you are going for the foreign ones. 2. Nylon( Santana) production, the machine is BTW 35-70k for manual and 150 -350k for automatic. 3. Sub distributor of toiletries ( you can buy d material n since the machines are above your budget for now) It will b produced n packaged with your branded coy name ( this will cost you from 200k-300k depending on volume n target market n your choice of toiletries ur going into. 4. Start a Telecom Business. Recharge card printing and sell to dealers( Ensure you buy Pin from genuine and registered dealers alone,The dealer must send the IT staff to install n configure d necessary softwares before you make payment.) (*A registered network dealer must b able to login into d network portal*) This will cost you from 25k - to any amt you can afford 5.Set up a Vehicle Tracking and solar Energy consultancy Firm( you don't need to have the technical know-how, u just enter into contract with as many firm as you can, then once you secure a contract you sub contract it out.
This is a public forum I can't drop my contact for further assistance but should you need any further clarification you can Email me on emetechintegratedservice@gmail.com
Be your Brothers keeper, and Together we shall make Nigeria a better place. I was going to say he should follow his passion, something that gives him the drive naturally because times will come when he'll need only that and ideas won't be enough.... You may get all the inspiration from without, the motivation that drives a dream comes from within. - Lloyd |
Business › Re: Investing 200k In Forex, Advice Needed by kumulus(m): 11:50pm On Jul 26, 2019 |
Kenni700: FOREX EXPO SEASON 1
I hope this particular post too long. If you are a trader here, please try to connect to this post. My intentions has never been to put fear in any trader or investor but I get pissed off when people make forex seem like it is a very easy or seaemless venture, hence my critism.
I have had the opportunity of trading with great forex traders who have made millions in the market but just one or two insignificant errors in the game(even though they are highly experienced) had sent them into major debts, health issues and other ill related stuff. I too with have lost over 7 million naira when the naira was N160 to a dollar. I had had unbearable experiences, I have been arrested for trading for people and blowing the account severally even after making alot of profit. Investors dont smile when it comes to money matter at all. I have learnt hard.
But you see,when you talk to forex traders, they feel deny some truths about the game which am going to reveal here. I dont know if this post will be enough to high light all but lets start from somewhere.
For the records, I use Alpari as my platform.
POINT 1. To be a successful forex trader, you must trade forex as a part time business and not as a full time business. Reason being that the emotions involved in the game when you see your account in high deficit can be very worrisome. Worrisome in the sense that you tell yourself its either I just cut my loss @ 200 usd deficit than be hope the market trend will revert. In hoping it will revert so you can clear out your deficit, your loss or debt may get to 350 usd. Meanwhile your account is a 2,000usd account. One mind tells you...hmmm I would rather wait for 3days so that this my 350usd will clear out since the market is going against me because I cannot come and be explaining to investors wey no get joy. Another thought will be that if you terminate your -350usd trade that has been in a selling position since last 3 days, you can enter a buy position which will begin to make some profit. My people now if you minus 350usd from your capital of 2000usd, how much is remaining? 1,650usd. Problem no.1 The market news and current happening on the trading platform can sometimes be far apart. Far apart in the sense that US or Uk can release a news that forcast has told you will bite hard on the economy which may not reflect in the trading platform at all. Or may reflect hours later while you have quickly entered a position hoping the news will go in your direction. There are times it will really go in your direction and there are times it will not go. There are times also when such news will have no impact on the trading platform where as you have prepared your mind to use that news to rack in some bucks.
Remember our new trading balance is 1,650 usd. You closed that position that gave you -350usd because it has been selling USD/GBP in the last 3days. Now you have entered a new trade of buying which is now giving you some profit. You trade for maybe another 2 days and you recover like 200usd out of 350usd. So in a week, you have lost 350usd in a trade position of 3days and recovered 200usd in a trade position of 2days,making it 5days of trade,one week. Now from 2,000usd to 1,850usd capital.Thank God for the market that week. I hope i will totally recover that week and then make some extras the next week. So you see that those idiots that tell you "make 40% returns a week bla bla bla,I will teach you how" are actually demonic and vampires in nature?
Take note-[/b]Loss is inevitable in forex trading. Its a must have losses. Sorry but that is the truth.The best we can do is to reduce or minimize it. And to reduce your loss or risk means to also reduce your profit. To increase your risk means to increase your risk.
Whats my point from Point 1? a. If you seat in front of the pc from morning to night trading,chances are that you will cut alot of your trade at the slightest negative position. If you try to edge, it has an advantage and a disadvantage depending on the lot size you are trading with. You will want to enter every trade that looks promising which will commit you and blunders may set in. b. Making 10% a week is possible but can kill you fast. Since it a 50/50. Investors dont want to hear stories of "na im...na im.."
[b]POINT 2. All the successful trader I have ever met and seen make little profits from forex trade and they are usually very very satisfied with it. But we Africans especially Nigerians want to get rich on time with forex. This makes you take stunts that will eventually also help you change your phone number because that stunt will purge you. Aim at little profits if you must trade forex. Thats why i said in POINT 1 that you must trade forex as a part time business. Forex is not the business you will use to buy a car or build a house this year pls! It doesn't work with forex. If you can settle this within you, it will change your game plan for life and also enhance your forex trading performance.
Forex trading sometimes doesn't follow any rule that you already know. That is why they will always tell you that past success strategies or market analysis doesnt guarantee the future. It can be very very stubborn and at the same time very loving. Its a 50/50 game.
POINT 3. Small lot size and multiple pair trades. Forex is not a respecter of Donald Trump or Theresa May, it respects nothing and nobody. No matter how tempted you are to recover your losses or make profit, if you use a lot size more than your leverage,AREA F will be waiting for you if you are using investors money. Forex na small gains o.
Also if you must trade 2 different pairs at the same time,biko for the sake of this post use very small lot sizes. Note- Your emotions and skill will always betray you in forex trading. Even experience may not work at some time but a proven and tested strategy will do more for you.
POINT 4. What strategy do you use.
I place just one trade or maximum two trades in a whole month. Thats my secret of being in the business for over one decade. I have two major businesses (Production and Consultancy). I only send my forex trades on monthly errands. Am so busy with production business that I sometime almost forget to place a trade in a month. Not like 95% of traders do by trading everyday.
When you talk about trading everyday depends on your personality....are you going to spend ur life on d PC or internet everyday? Will you marry online,have kids online and eat online?I know say na you wan trade pass but you can't be trading Monday to Sunday. You won't last that way oo!
I also have my tested strategy I use for such one or two trades in a month. Pls dont ask me for it. If your strategy hasn't been tested to work for years even though not 100% accurate, then dont put all your hopes in one business alone pls which is forex.
I hope this post isnt too long and boring. I hope this post has been useful?
There are several other things I didnt add to this post. I hope I find the place and line to add them again. You can ask your questions and I will try my best in my own way to do justice to it.
Thank you for your time.
*That you started trading last month and making daily profits doesnt make you a successful forex trader. I have studied some volatile pairs using 1hour,4hour,1 week and 1 month candle for like 3 years both with current platform happenings online and offline. I know what am talking about my brother.
I no longer enjoy trading for people. I stopped that some 6 years ago.I have had 90% successes in my forex trades. I have traded an account below 2,000USD. My maximum traded accout was 15,000 USD.
Am not the "best" but am not small in fx trades.I didnt start it 7yrs ago so it will pay you to listen to me except you are very very stubborn....lol Sir I was expecting you'd dropped a chart by now as requested in my previous response, and season two of your epistle really shouldn't take so long to produce. While we wait for those, I'd show you the difference between yourself and I. Which is why I'm able to trade profitably everyday if I choose to and you only trade once in a month and HOPE your drawdowns don't sink your accounts... You need to get off the retail mindset to be at the banks level in trading sir!!! I hope you've had a great day btw...
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Celebrities › Re: Jennifer Lopez 50th Birthday In Miami, ₦43million Porsche Gift (Photos) by kumulus(m): 6:26pm On Jul 26, 2019 |
Theboss100: Can U Nw See Ur Life Outside The Pot Nw? U Made A Comment And Be Denying Upandan. I Wanted To Flog U, But Lemme Pity U. Goan Sin No More. Maybe Ure Still Removing The Log Of Wood In Ur Eye Ah ehbon!!?! You see, in life, you either grow up or you grow old. I still don't see where in my posts I'd preached the Bible to you except of course some words hit a sore spot. Go back to the posts you'd quoted and read them slowly, of fast if you would. Just get the message in them. O ti tan!! |
Celebrities › Re: Jennifer Lopez 50th Birthday In Miami, ₦43million Porsche Gift (Photos) by kumulus(m): 2:27pm On Jul 26, 2019 |
Theboss100: After Telling Me U Av A Big Log U Want To Remove 4rm Ur Eyes So U Could See Properly To Read The Bible To Me. Now, Ure Running Away. U Must Preach O, We Die Here. BTW Those GOs Are Fake Like Buhari Intergrity. Pls Preach Ur Preach. I Dey Wait Where in that post have I read bible to you  ! Bros!!!! You sure say wetin dey your eyes no big pass Nigeria so??! Ogbeni!!!! |
Celebrities › Re: Jennifer Lopez 50th Birthday In Miami, ₦43million Porsche Gift (Photos) by kumulus(m): 1:49pm On Jul 26, 2019 |
Theboss100: Hahahahahaha Very Funny. Hope It Won't Take U Long To Remove It. Abeg I Need Ur Preaching. All the one your daddy GOs and bishops preach no do you...na my own go con do??! There's no truth there is that already isn't in you...look within! |
Celebrities › Re: Jennifer Lopez 50th Birthday In Miami, ₦43million Porsche Gift (Photos) by kumulus(m): 1:32pm On Jul 26, 2019 |
Ugosample: I can't even move freely like that
a nobody like me o
talkless of those who claim to have money and are well known 
that is why convoy boku 4 road
And policemen are now the personal security of the so called "elite class" God help us to help Nigeria |
Celebrities › Re: Jennifer Lopez 50th Birthday In Miami, ₦43million Porsche Gift (Photos) by kumulus(m): 1:24pm On Jul 26, 2019 |
Ugosample: yea true
Naija tall fences every where and that general feeling of insecurity Even when there's nothing to secure lmao....na we!!! |
Celebrities › Re: Jennifer Lopez 50th Birthday In Miami, ₦43million Porsche Gift (Photos) by kumulus(m): 1:23pm On Jul 26, 2019 |
Theboss100: He Is Right. It Deos Not Have To Do With Poverty. Life, Wealth Etc Without Christ Is Vain. Thats What He Meant. And It's Vanity ....and this people don't know Christ  !! Nigerians and oversabi sha....I coulda preached to you but I need to first remove the log in my eyes. Wait make I finish...... |
Celebrities › Re: Jennifer Lopez 50th Birthday In Miami, ₦43million Porsche Gift (Photos) by kumulus(m): 1:17pm On Jul 26, 2019 |
Shibaraba: Fat Joe my man that year Happy to see you again Money good iswearugud
Porsche Lord porsche
Dear lord forget my sins Abeg make you bless me. I Don tire to dey buy catfish peopersoup for my wife as birthday gift. With 3500 Mr biggs cake. Me sef wan turn up. Bless me tremendously. Na the same head we get God. Them no be cyborg.
One thing I love na their dressing. Looks simple but super expensive. My sweet country this kind party if you no dey front seat you no go see anything. Geles wey be like skyscrapers go Don block you from seeing anything. Proverbs 28:13 ....but first, you should know what sin truly are.....because the same things you consider sinning, these guys have done, are doing and will keep doing but their blessings can't seem to stop coming. Peace to you brother, the good Lord make your desires come alive! Amen |
Crime › Re: Gagiyouwe ThankGod 'Tuesday Cruise' Jailed Over Yahoo Yahoo (Photo) by kumulus(m): 11:10am On Jul 26, 2019 |
ZitNg: “If your country is governed by the most stupid people, it is vital for you to continue going up personally while your nation and your country is going down because your country will inevitably collapse and it will be in need of people like you, people who managed to improve themselves while everything else was falling and deteriorating!” ― Mehmet Murat ildan
This guy is just a clear description of a failed nation. That's a beautiful quote....full of wisdom •••Contact me via links in siggy to learn technical and fundamental analysis of the financial market. Mentorship comes with an opportunity to earn while you learn.- Lloyd |
Business › Re: Football (+/Other Sports) Betting Season 13 by kumulus(m): 10:50am On Jul 26, 2019 |
smat101: I am sure you're just one naïve small boy...I am not interested in your trading skills... (I didn't ask you if you were sir) make all the money for yourself then build a house... (the least of it all) I might be interested then (most likely would be late, I'll leave you with an image from one of my mentors...it details that last response( Have a good day sir!
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Business › Re: Investing 200k In Forex, Advice Needed by kumulus(m): 9:03am On Jul 26, 2019 |
captainking: I am not on telegram bro. Alright send me a private message on here but you'd need to get telegram later on sir. |
Business › Re: Investing 200k In Forex, Advice Needed by kumulus(m): 9:02am On Jul 26, 2019 |
captainking: i know a lot of close friends who became multi millionaire through forex.. I also invest in some forex companies duly registered with SEC.. And insured to the tune of 5billion annually.. So am not scared of investing in forex.. And have been reaping it bountifully since last year.. I have different investments in forex.. And willing to do more.. Am already reaping jt as an investor... Trust me.. Some forex gurus make a lot from it.. This is where knowledge gives the edge, rather than tell people not to invest why not inform them they can put their funds in the hands of insured coys....you stand to gain a lot if you trade yourself, much more than being an investor on the sidelines. People have learned this game and have come to a level where they trade just like the banks, the only reason they're not as rich as the bank is because they don't have the capital the bank has. Well you sir, sure know how it feels when that internet money hits your banks accounts lol...... Someone on this forum even said forex is my own kind of yahoo yahoo and it's too stressful. Man, how's looking at a chart for a few minutes, spot my setups, enter my orders (call those set and forget lol) and do other things...only to come back to a fatter balance and rising equity curve (or worst case scenario, the minimal loss I was willing to take in case price didn't go exactly my way...). If you're still hoping price comes back to your direction, sorry! There's no hoping with the forex market...and I should say this; forex skill is 10% analysis and 90% psychology. In other words, you have to FIRST get your mindset right before you start trading (this part is the pitfall of most traders)... ••Join the right team that teaches value, loads of marketers are out there just looking to get that residual off you...dm me let's get you going on the right track. @captainking sir please contact me via any of the links in my signature so we can have a proper conversation. Good morning! |
Business › Re: Investing 200k In Forex, Advice Needed by kumulus(m): 8:45am On Jul 26, 2019 |
Kenni700: FOREX EXPO SEASON 1
I hope this particular post too long. If you are a trader here, please try to connect to this post. My intentions has never been to put fear in any trader or investor but I get pissed off when people make forex seem like it is a very easy or seaemless venture, hence my critism.
I have had the opportunity of trading with great forex traders who have made millions in the market but just one or two insignificant errors in the game(even though they are highly experienced) had sent them into major debts, health issues and other ill related stuff. I too with have lost over 7 million naira when the naira was N160 to a dollar. I had had unbearable experiences, I have been arrested for trading for people and blowing the account severally even after making alot of profit. Investors dont smile when it comes to money matter at all. I have learnt hard.
But you see,when you talk to forex traders, they feel deny some truths about the game which am going to reveal here. I dont know if this post will be enough to high light all but lets start from somewhere.
For the records, I use Alpari as my platform.
POINT 1. To be a successful forex trader, you must trade forex as a part time business and not as a full time business. Reason being that the emotions involved in the game when you see your account in high deficit can be very worrisome. Worrisome in the sense that you tell yourself its either I just cut my loss @ 200 usd deficit than be hope the market trend will revert. In hoping it will revert so you can clear out your deficit, your loss or debt may get to 350 usd. Meanwhile your account is a 2,000usd account. One mind tells you...hmmm I would rather wait for 3days so that this my 350usd will clear out since the market is going against me because I cannot come and be explaining to investors wey no get joy. Another thought will be that if you terminate your -350usd trade that has been in a selling position since last 3 days, you can enter a buy position which will begin to make some profit. My people now if you minus 350usd from your capital of 2000usd, how much is remaining? 1,650usd. Problem no.1 The market news and current happening on the trading platform can sometimes be far apart. Far apart in the sense that US or Uk can release a news that forcast has told you will bite hard on the economy which may not reflect in the trading platform at all. Or may reflect hours later while you have quickly entered a position hoping the news will go in your direction. There are times it will really go in your direction and there are times it will not go. There are times also when such news will have no impact on the trading platform where as you have prepared your mind to use that news to rack in some bucks.
Remember our new trading balance is 1,650 usd. You closed that position that gave you -350usd because it has been selling USD/GBP in the last 3days. Now you have entered a new trade of buying which is now giving you some profit. You trade for maybe another 2 days and you recover like 200usd out of 350usd. So in a week, you have lost 350usd in a trade position of 3days and recovered 200usd in a trade position of 2days,making it 5days of trade,one week. Now from 2,000usd to 1,850usd capital.Thank God for the market that week. I hope i will totally recover that week and then make some extras the next week. So you see that those idiots that tell you "make 40% returns a week bla bla bla,I will teach you how" are actually demonic and vampires in nature?
Take note-[/b]Loss is inevitable in forex trading. Its a must have losses. Sorry but that is the truth.The best we can do is to reduce or minimize it. And to reduce your loss or risk means to also reduce your profit. To increase your risk means to increase your risk.
Whats my point from Point 1? a. If you seat in front of the pc from morning to night trading,chances are that you will cut alot of your trade at the slightest negative position. If you try to edge, it has an advantage and a disadvantage depending on the lot size you are trading with. You will want to enter every trade that looks promising which will commit you and blunders may set in. b. Making 10% a week is possible but can kill you fast. Since it a 50/50. Investors dont want to hear stories of "na im...na im.."
[b]POINT 2. All the successful trader I have ever met and seen make little profits from forex trade and they are usually very very satisfied with it. But we Africans especially Nigerians want to get rich on time with forex. This makes you take stunts that will eventually also help you change your phone number because that stunt will purge you. Aim at little profits if you must trade forex. Thats why i said in POINT 1 that you must trade forex as a part time business. Forex is not the business you will use to buy a car or build a house this year pls! It doesn't work with forex. If you can settle this within you, it will change your game plan for life and also enhance your forex trading performance.
Forex trading sometimes doesn't follow any rule that you already know. That is why they will always tell you that past success strategies or market analysis doesnt guarantee the future. It can be very very stubborn and at the same time very loving. Its a 50/50 game.
POINT 3. Small lot size and multiple pair trades. Forex is not a respecter of Donald Trump or Theresa May, it respects nothing and nobody. No matter how tempted you are to recover your losses or make profit, if you use a lot size more than your leverage,AREA F will be waiting for you if you are using investors money. Forex na small gains o.
Also if you must trade 2 different pairs at the same time,biko for the sake of this post use very small lot sizes. Note- Your emotions and skill will always betray you in forex trading. Even experience may not work at some time but a proven and tested strategy will do more for you.
POINT 4. What strategy do you use.
I place just one trade or maximum two trades in a whole month. Thats my secret of being in the business for over one decade. I have two major businesses (Production and Consultancy). I only send my forex trades on monthly errands. Am so busy with production business that I sometime almost forget to place a trade in a month. Not like 95% of traders do by trading everyday.
When you talk about trading everyday depends on your personality....are you going to spend ur life on d PC or internet everyday? Will you marry online,have kids online and eat online?I know say na you wan trade pass but you can't be trading Monday to Sunday. You won't last that way oo!
I also have my tested strategy I use for such one or two trades in a month. Pls dont ask me for it. If your strategy hasn't been tested to work for years even though not 100% accurate, then dont put all your hopes in one business alone pls which is forex.
I hope this post isnt too long and boring. I hope this post has been useful?
There are several other things I didnt add to this post. I hope I find the place and line to add them again. You can ask your questions and I will try my best in my own way to do justice to it.
Thank you for your time.
*That you started trading last month and making daily profits doesnt make you a successful forex trader. I have studied some volatile pairs using 1hour,4hour,1 week and 1 month candle for like 3 years both with current platform happenings online and offline. I know what am talking about my brother.
I no longer enjoy trading for people. I stopped that some 6 years ago.I have had 90% successes in my forex trades. I have traded an account below 2,000USD. My maximum traded accout was 15,000 USD.
Am not the "best" but am not small in fx trades.I didnt start it 7yrs ago so it will pay you to listen to me except you are very very stubborn....lol You've traded for over a decade and you still can't keep you emotions in check? You only trade a pair in a month and you don't know what risk management and invalidation points are?? No stop losses?? (That apparently shows your trade level sir, no disrespects), You hold your trade for a month or thereabouts, sir, how many pips do you catch in that one month??! (Are you a swing trader or a position trader?)... Sir it's not too late to learn the game the right way, apparently you're simply retail trading. One of the rules of the game is patience, that chart in front of you has all the information you need if only you can understand what it says. I don't have to be on my PC as a full time trader every hour of the day, I haven't even been on my PC for weeks now...all my analysis and trading, even meetings are done off my phone(this is 2019 sir). Do you know what sniper entries are and how to catch them....see sir where I'm coming from we don't talk much, if my team where in here rn all they'd say to you is; DROP A CHART! No one said forex is easy but I'll say it anywhere...it's simple!!! Get with the right team and you'll get the good stuff!! I roll with the real Gs in this game, these are guys who literally are able to catch EVERY impulse and retracement in the market. They'd markup the future move of any pair for you so accurately. Sir abeg drop a chart, I'm tired of all this talks biko |
Business › Re: Investing 200k In Forex, Advice Needed by kumulus(m): 8:25am On Jul 26, 2019 |
captainking: Sure... Why not That's great man, send me a message on telegram @lloyd_fx let's talk |