₦airaland Forum

meshpips:
@pipmarshall kindly attempt this one.
Any other person wey think say I waste my over 15 years of trading this market, please come and make an open show of yourself.
@jammer777 attempt this too.
Let's see how many people can do this real time.

You suppose add charts. But I will be on a sell trade with stops at 1.1900.


Experience won't matter if you cannot cut your loss as a trader.

bigbasho:
what makes you think someone does not know what will play out tomorrow on the chart?

Because its a game of chance. You find clues as a trader for a high probability trade. Doesn't mean the trade will move in the direction you predicted. Also the market obeys the law of supply and demand.

Jameselias:
Consider the fact that all the markets where moving exactly at the same time

It can only be electronically done

Not with money think about it

Maybe you mean Ecn broker or electronic money

kozmicity:
I hope you no enter oo

E sell hit my imaginary sl. I learn from the trade also. Trend was down

kozmicity:

You're in a good mood today. But I'm not seeing any reason to buy yet.

Okay. Enjoy your trade. Na why I share Stoploss level.

kozmicity:

You're in a good mood today

Lol. I dey bored as I no get money for my trading account. God go provide big account soon for Me.

kozmicity:
I forgot to post this 🤣

I'd sell from the fist OB

Don't forget to sell. This market looks bullish frm 162.500. Sl 162.300.

Not a financial advice

samfelly:
I know say na virtual games. What I am simply saying - in support of Jameselias deduction - is that the Real Forex markets are all nothing but electronics programs

Are you saying AI?
Electronic programs are new to me. Send link make I read up

Kaesyrn:
So guys i've got an idea i wanna present to y'all...

Can we have an alternate Forex "PRICE" alert thread ?

where the current quote price of the more traded pairs such as EURUSD, GBPUSD, USDCAD, XAUUSD, USOIL etc.

can be posted in hourly succession and one can get a quick glance of price without checking mt4/5 whilst here on NL

This would be carried on with inputs from y'all by the way as i cant guarantee i would be able to do it alone if not i definitely would....

input your feedback on what you think guys

Forexfactory scanner will help with that. No stress yourself

dmahn:
I will kee person oo ... Leave me alone na.. At least you are happy I took a loss now .. Olotẹ burúkú.. I will bounce back

You get Discipline to cut your loss and its a good thing on the long term.

I no dey happy abt ur loss, me sef dey chop loss too but normal thing for our business.
One love.❤️ don't revenge trade o

nzechu:
I do demo for practice purpose, I do live also. So?

Okay. What you believe doesn't work on demo and live. Read more on baby pips. Na retail trader we be bro. https://www.babypips.com/learn/forex/market-players

EXLOVER:
Thanks for the reply, can i fund it with my verve card?

You can make a transfer to their bank account then they convert to dollars for you

nzechu:
am I the only one who doesn't believe in people moving market, it sounds somehow to me. I feel the market is a representation of cause and effects. you raise rates, speculators and traders rush in droves to take advantage, the resultant effect expresses it self as market movements and so on and so on

If what you believe is true, why do you trade demo and not live account? It sounds somehow to me.

Have balls to put on risks then you can fully understand what moves the market. You won't find answers because nobody knows. The market will have reacted before the news reaches the public notice.

What matters to us as traders is to focus on what the market is doing currently (Now). Then make our decisions and put risks into it.

If you get ur emotions into the game, you won't have time to believe something else that's strange from the basics on baby pips on how the market moves. Up down and sideways.

EXLOVER:
Someone should please recommend a good broker

Fxtm

MktOpportunist:
House pls, I need to know if MyForexFund is legitimate

I've nit been hearing people talk about them here

They are legit. Many if us neva reach the promise land of withdrawals na why we no too dey yarn am for here. Those wey dey chop am and clean mouth dey here lowkey

ayesco202:
The big players are really manipulating the market lately.

The big players move the market because they have deep pockets. Every trader should know that. Smart traders follow them where they are going. No one knows what will happen tomorrow. Stop calling liquidity/ volatility, manipulation. Unless na wetin you go dey see for your charts be that newbie.

You cannot have money up to the Bank of America and other big banks

Jameselias:
It's a testament to the fact that this markets are not moved by buyer's or seller's but rather it is electronically Driven

This is funny af 😂
Don't give urself headaches abeg.

dmahn:
I was brutally burnt today . The news that I was expecting as a saviour as always failed me today. I didn't trade Save .... Tommorow we go again ó jàre. Powel na idiot

I laugh 😂
When you go show us withdrawal frm gold.
Respect ur elders

I go dey win by default o
And I no want any trouble o
Omo mind as you dey talk o
I no fit take your insult o

Haters go hate, na their job.
I go dey win myself dey go because the last ingredient is Discipline unless market will serve you breakfast.

Pipcenturion have you lost yourself here? You wouldn't dare on forexfactory.

Person wey still dey trade demo wan teach live trader how to trade. I'm without any doubt o.

If I tell you to call me BOSS, make you shout am. E no easy to dey teach fx. Because the market is always changing. Money is to be made by trading no other way to survive. I put my life into this job.

I still have one mission before leaving FTA for good. Getting a prop firm account. Till then. Enjoy
Da yan mo, know person

greatcheer:
Thanks pips abeg no laff me am still a new bie of some sorts.
you said mff coinbase?.
thats mff or coinbase right?
if I get you correctly I'll open an account with paxful then transfer the funds via p2p to mff?

Yes. Mff will provide their crypto wallet on their website when you want to checkout your payment.

P2p is where you purchase crypto with naira. Crypto vendors are there to use. Get the crypto and complete the transaction

Jalive:
Prop firm is definitely one of the best aside that there are still many other ways to make money from forex. A few of them don't even require that you trade

The foundation is trading so learn to trade. But then you can also be open to other money making avenues

Please share, the only way I know is by placing trades then you become the trader.

greatcheer:
According to what I read they said you can't send money through an exchange, if I send from binance to mff it will go tru,

I have made payments before. Use p2p pay naira then you get btc. Simple then you proceed to forward the funds to mff coinbase. This is the easiest part. You making me laugh o

greatcheer:
Am trying to open an mff account, I only have a debit card its not going tru, also the second option is to use coinbase also its not going, please what form of payment did u use

Don't use the debit card. Crypto is banned in Nigeria.

Find crypto exchanges p2p you like, binance and paxful. I recommend paxful.
Complete the payments.

I'm surprised you said coinbase ain't working. Because that's where the money is going to. How did you go about coinbase?

rainlover:
go and buy bread

Tired of bread. I want benz

Bigboy benz

Jalive:
But there are other ways to make money from forex especially when you have small account to trade

Nothing like the prop firms.
Raja banks said a minimum of 5k usd in your account before you can live off trading.

I'm still new in the industry but from my experience big accounts gives big gains. 5% of 5k= 250usd they pay out 200 plus, × 700 exchange rates= 140k naira from 40k 50usd investment. Three withdrawals and I'm happy I hope soon.

That's the way to go. But you see those rules, you must be obident with them. To cut the long story short, small accounts will get you bread only. Big account and you can buy the bakery.

I neva comot 🇳🇬 nigeria. If I dey Canada 🇨🇦 5ousd is gas fees I think.

dmahn:
I cautioned you on this pair with your $10 balance, you no gree I was dragged here for saying even if na $2 you can make daily with this balance its still fyn, they give you confidence that there is no limit to how much you can make in a day with $10 balance and the next trade was blue for you, you get overconfidence dey add to losing position with just $10 .... Sorry about the loss dou.. Come back stronger and avoid Gold if you ll be funding with anything less than $100...You guys can drag me again now

You never posted when i made withdrawals. You kept mute. You for acknowledge say i proved you wrong. Now here you are when I took a L and it's a normal thing in trading. I didn't even expect the trade,I had already called it a week already but it came and i had to take it. My choice.

I don seek and find and I'm still in the business of trading. Pips got my bills covered.
Good for me.

HumbleTrader:
4.70 + 3.78 + 3.13 = $11.61 if it had work out, what happens to never risk beyond 10 percent of the account.

Na my greediness kill me. Or 10usd is small for 3 entries. But some experience were gained while it lasted.

I don get the confidence to take propfirms. Na the next challenge I dey plan achieve success with because their withdrawals will get me more than bread.

PIPSMARSHALL:
I cannot believe that I made the 3rd withdrawal frm d 10usd making my business profitable. Na hunger cause this discipline. Its going to get bigger soon
Thank God its Friday.
Dangote still dey find money

E don cast last last na everybody go chop breakfast.

Account blown.
Fx sweet sha

PIPSMARSHALL:
2nd withdrawal. Omo I almost blew that 10usd. Now I'm at breakeven.

Make I go buy bread again.
Na big account I dey pray for like dis

I cannot believe that I made the 3rd withdrawal frm d 10usd making my business profitable. Na hunger cause this discipline. Its going to get bigger soon
Thank God its Friday.
Dangote still dey find money

PIPSMARSHALL:
This is not demo trading

2nd withdrawal. Omo I almost blew that 10usd. Now I'm at breakeven.

Make I go buy bread again.
Na big account I dey pray for like dis

seunmsg:
Congratulations to Bola Ahmed Tinubu, the official president elect of the Federal Republic of Nigeria.

Congratulations Mr President

PIPSMARSHALL:
It makes profits faster also.
Like in few hours I made 6usd. I don't plan to withdraw my it, but will initiate it now. Then buy bread like humble trader adviced.

This is not demo trading