₦airaland Forum

XaToXi:
It's very obvious who the novices are between the people trading with what they can afford to lose Vs the people putting their whole portfolios at risk.

When you move away from Forex and MT5 platforms, you will understand better, else you are gonna learn the hard way.

Abeg free me, it's too early in the year for unproductive arguments.

So everybody must trade like you to be seen as gurus? Jokers.

Prophetkelly:
There is no super star in trading. Do yours that is giving you profit and let others practice their system.

Once someone didn't agree to una pattern, they have become novince. Weldon Elon musk!

XaToXi:
We all have different systems of trading and you cannot say his system is wrong without understanding why he trades that way .

To each his own.

sweetveek:
terminated and liquidated, thats too risky na. Do you actually trade with this method?

XaToXi:
Not true. Not always true.

Depends on the effective leverage you are using. If you survive the dip, you can calculate your MDD and revise your effective leverage for your next trades. If you didn't survive the dip you can calculate the MDD of the coins you traded and adjust your effective leverage accordingly.




Not true. Have you experienced SL hunting?

If you have $100 in your portfolio and decide that you want to lose only $5 (5%), you can set your SL at 5%. I on the other hand can use $5 as margin at 20x leverage (5% drop to liquidation) to trade.

After 5% drop, I get liquidated and lose just $5. You on the other hand can lose more than $5 or your whole portfolio due to slippage, exchange freeze or liquidation wicks.

What's better than SL? Stop Profit. It's a positive stop loss that is placed in the green zone so that once you are in money, you can always leave with some change even if market reverses. That's what I use.

sweetveek:
what if my s.l is my liquidation price?
How can one place stop lose at entry, I don't understand that sentence self, can you explain with an example?

sweetveek:
still trying to understand where I'm wrong in this your writeup , i didn't make mention of any stop loss here, so that's for you to decide but my calculations on leverage and liquidation is actually right sha

XaToXi:
You say he's wrong because you assume that everyone trades with SL. Not everyone likes trading with SL because they can be easily hunted.

If you have $10 and use it to open a $50 position, your effective leverage is 5x and you will be liquidated after a 20% drop, even if you configured a leverage of 10x or 100x on the exchange. Your effective leverage is what really matters. Your effective leverage is determined by your position size and that is why correct position sizing is more important than setting/configuring leverage on exchanges. This becomes clearly evident if you are trading in isolated margin mode. In cross margin mode, you will need to use your position size to calculate your effective leverage which will then determine your liquidation price.

Some people use their liquidation prices as their stop losses, so he is not exactly wrong. He just has a different trading approach from yours.

sweetveek:
understanding isn't that difficult, to know your liquidation price from your leverage, divide 1 by the leverage and multiply by 100 e.g if you're using 5x leverage,1/5=0.2*100=20. when your coin dumps by 20% from your entry price, you get liquidated.

I suppose you understand how the margin works too, thats the amount you need to open a position

geedot:
This particular leverage calculation is the only concept I'm still yet to fully grasp on crypto till now even after watching different videos on YouTube about it. Haven't found a fully explicit one on it yet.

I trade a very short time frame, majorly the 30/15mins timeframes, so I believe leverage should be adjusted according to your stoploss, just like position sizing kinda thing.
So leverage used doesn't really matter as long as one already had a predetermined total loss amount/exit price before entry.

Prince3:
Lol, sincerely. I would have said you are right cause nothing good comes out from an online sheme with 100% payback. But make I no lie I heard ur July and refuse to join but my colleague in the office withdraw 4m + in my very before this December na so me self rush and bought 500dollar for 861k. Not yet withdraw anyway. Hoping to withdraw by January 23 or there about.
But I believe nothing stranger fit tell anybody to believe this ponzi scheme as I might want to call it.
But try make register and withdraw your capital once due, that's the only way out of this. Period.
Call or email me for further explanation

Christomes2003:
CBEX can not be more transparent as Qubitscube that defrauded millions of people their hard earned money, I lost over 2m naira I invested.

Please guys be careful, they re all the same Ponzi scheme

SINisSIN:
Were you constructive when you called Ilegendd a liar? Atleast that was the genesis of my response to you.

Or the word "liar" is a constructive word?

Imagine? Dishing out what you can't take. Hypocrite!

SINisSIN:
Abunu...is this a private thread?

anytime Una see em post, e dey give you erection. Werey you go soon bleed to death.

SINisSIN:
Ode. Anything you bring public here is a business of every readers. If you don't want others to put mouth, you message privately. Oniranu

atom080:
Try and distract or discourage him and see how I'll fraustrate your effort..

Try and derail the thread and I'll tag the admin to all those derailing and forex investment shits youve posted on this platform via your original Alexas account

SINisSIN:
The hate here is quite evident.

Madam, what proven and tested approaches with solid conceptual backing have you shared here to guide novices?

You can’t confidently dismiss unproven methods without offering tested and reliable alternatives for comparison. If you can't do this, people will only take you as a lousy mad hungry frustrated dog.

Between, I know you're a man with fallen smelling balls using F.

Shame on you! You don't even have liver to face your fellow man.

iLegendd:
Ignoring attackers or people who always want to correct you, yet won't do it has power, but the reason I don't want to use it on most of you here is because your attacks will be dialogues in my books.

So, you're my co-author. I have done it before and I'll do it again. One of my books is 80% written by Nairalanders. Oyibo dey buy am like water. Abuse upon abuse. Whatever I do is always wrong. Theirs is the best, yet they won't share or teach it.

What I post, I do, but I no longer feel the need to prove anything even at gunpoint.

I use futures as bait most times, not as a profit maker. But luckily, I end up in profit when the bait fails. Look at those trades below, did you see any stoploss? They are baits.

I'm 80% sure Wif will go to $1.2, which is my bait in another crash next year, but if it refuses, who wins? Same for ICP and a bunch of great coins I'm into.

It's so sad you people don't want anyone to post or share. Don't worry, in the next cycle, I won't be here, so allow me enjoy it while it lasts. Though, in my absence, my intellectual properties will represent me. In your absence, nothing will represent you on this thread. When you're gone, you're gone. Una go read Think and Grow Rich, but una go focus on Think and Fight Dirty.

Think about your future, mama. Don't let that name go in vain. I know you're a man, impersonating a woman. I'm not gay, stop being obsessed with me. It's irritating.

Let me put you on a video call to prove yourself.

iLegendd:
I'm sorry.

Don't let the government know. They paid me to teach newbies and everything I post must appeal to noobs because 100% of everyone here or guest readers are novices. In my contract, posting an advanced strategy was a no-no.

Forgive me for deviating from my clause. I can't be paid that much and not obey rules.

It's not everything I post you insert yourself.

Diddy being your musical mentor doesn't mean you must knack both genders. A Muslim living in your house isn't obligated to follow you to your house.

Motive? Of course. Every sensible person has at least 2 motives in whatever they do—just that some people are sinister with their motives. In my case:

1. To make an impact
2. Write the best crypto book series in the world that'll benefit both newbies and ADVANCED traders the same way our dating books are helping lots of people around the world. 90% of our buyers are not Nigerians or Africans. The same thing will still happen with this crypto series.


By the way, what I posted is for the advanced traders and it's one of the strategies that helps you build patience and not panic when price goes below where you bought because you have a top-down buying approach.

Anyway, I'm sorry and please, don't tell the government know before they cancel my 17 billion Dollar contract.

Alexas58:
Nice one

Ojemedad:
Guy just rest, rest

iLegendd:
When I used to show evidence at success, it was called "bragging." I stopped, it's now "dragging."

Just remember, your life is for rent. You have 50-70 years left. Whether evidence or not, just be happy and honest in what you do and try NOT to leave the bull run with less than you came with. If you must leave with less, make sure you leave with lots of experiences.


All the best.

doyin01:
The fact remains that he made a free call concerning crv , some people benefited from it ..so why exactly are you jealous and angry ??

I thought you are supposed to be happy that people benefited from it , why are you pained ?

crazymommy:
What do one wants to learn from a fool at 40 like you.

doyin01:
Which sensible calls have you made ?? If e easy , run am

crazymommy:
Rest in Jesus name

doyin01:
Who cares about their evidence!!!!! Just make the right calls and let the people benefit from the calls , who cares whether the person himself traded the calls he dropped or not..as long as there are some people who benefited from the calls , then the purpose of the call is achieved..

But at least some users here benefited from their calls , so now keep quiet jealous mumu

Superpack589:
Evidence. It silences doubt and puts naysayers to shame.

May God continue to bless GRACEGLORY with wisdom and success in whatever he puts his hand.

Sarahray:
Guys I did a p2p transaction with someone on Bybit since in the morning,he’s claiming he sent the money but I’m yet to receive it,I appealed and sent my proof,he did too and even sent his proof to me as well on WhatsApp.He said bank transactions has been like that for some days nw.Truthfully someone else sent money to me since on Friday but I’m yet to receive it so I don’t knw if this other guy is saying the truth of actually sending the money to me since dis morning.Pls who is experiencing any issues with their bank of sending and receive money.