₦airaland Forum

TradingGod:
when you risk 50% of capital, you are treating trading like a gambling

If you risk only 1% of capital, you are taking trading as a business

The Holy Grail

Jameselias:
I would prefer 14 trade with 2R

If you promise yourself to close losing trade at 1R, you're good

infofirst:
Thats the recipe

Only if one can see a 26R on one trade. ​8%/0.3%= 26
Or 26 trades with 1R setup
OR 14 trades with 2R setup
Or 8 trades with 3R setup.

Everything na discipline.

BinaryRocks:
I just lost my mff 5k prop firm to daily draw down

Me too, but it's the contest account.
it takes discipline to win in the markets. If you can control yourself and preserve mental energy you are good to apply any trading strategy and risks management.

This market doesn't owe anyone anything. Just know how to play.

Lanshile:
Can I send cash to someone to help me get an mff account
I'm having issues verifying binance

I used paxful but used etherum payment option because of gas fees

I desperately need to get funded

God help me this year with a successful trading career.

share, if you have a good strategy

Happy New Year

puskin:
Exactly

Do the right thing by closing this thread

Congratulations, you made it to the last trading day of the year 2022.

Charly20, drop link to fta 2023, see you there.

Congratulations again.

As we wrap up 2022 and look forward to 2023, let's keep our eye on the prize, our risk management front and center, and never give up.

samfelly:
What to do, chief, as market dey mess with ma psychology, I just go full margin o

Nice contest....kudos

samfelly:
If all of una see say I suddenly gap everyone in the contest, make una no worry, I dey test the new shoes I just bought

Nice shoes

Elliotwaveforec:
A really serious Forex trader does it for a living, no divided attention. We have just few here on this thread. The majority here are quick to demoralise the few ones aiming to be professional traders.

If you have been hit hard, don't use your failure to kill people's morale; just quit and face your 9-5 jobs only and leave us alone with little we make that comes with freedom.

The freedom that trading gives is being your own boss. You can decide to go on a vacation after making a killing in the markets.Trading is a job for traders tho, 9am -5pm (London session - Newyork session). Mon-Fri. (Market is active).

Are you a finanacial market speculator? Yes.

Market no send my papa, I gotta continue doing the right thing mindset. Only if they get to know how easy it is to follow the process of becoming the trader you want to be.

"If you're going to become a stock trader, you will be trading for years, maybe even decades. If you regard each trade as just one out of a million over time, it becomes much easier to take a small loss and move on to the next trade."

Trust the Process.

IyaTola:
Nothing is Permanent In This World

I visited my 120-year-old grandmother and gave her some money when I was leaving and she told me she doesn't need money again.

That she can no longer buy or sell at her age, so I should give the money to the younger ones who need it.

I also have a former governor friend whom I worked with as a greenhorn PA. He was governor from 1999-2007.
Not too long ago, I saw him.

After check-in, he was left seated by the corner of the Murtala Mohammed international airport awaiting his flight.

No one even recognized him again, not even passengers from the State where he was governor, and as I walked up to him and greeted him, then asked if he wanted any assistance, he stretched forth his trembling hands to hold me and simply said,

"Thank you for even recognizing me again. I just want your attention briefly my daughter . Sit down let me ask you something.

How is your Governor doing?"

I also have a retired Major General friend whom I served as a golf caddy at the NDA golf course in Kurmi Mashi, Kaduna.
He was so rich he built a beautiful house he was so proud of.

I visited him too not long ago and wanted us to climb to our favorite spot on his balcony upstairs.

He stared at me with a broad smile and said, "IT, I can't remember the year I went up there. It is lizards and cobwebs and the likes that live there now.

Even the kids, when they come, they don't enjoy my company in the house any more than a few hours and they are gone.

I don't have the limbs to climb up there again and the cost of cleaning keeps getting higher."

I have seen a lot more things.
How yesterday became the day before, how today became yesterday, and how tomorrow became today.

How the past became history, how the present became the past, and how the future became the present.
Nothing ever remains where it is.

Your strength, your muscles, your beauty, your wealth, your guts, your worth, your courage, your talent, your YOU, will progressively diminish until it returns to its source.

The richest man in the world in the 1960s will not be on the payroll of the richest man in the world today!

Even the strongest lion in the jungle will someday become weak, and frail and be eaten by the same predators it once terrorized.

Keep that in mind always and know that no matter how appealing and tempting that thing may seem, our interest in it will diminish with time.

Our strength to consume or own it will vanish with time until everything is surely taken away from us or we are surely taken away from everything!

"Nothing is permanent in this world".

Wishing you very Reflective Times.

FOOD FOR THOUGHT!!!

GOD is the Greatest.

infofirst:
@pipsmarshall..no kill me wit laughter nah.
Fx no b anybody mate....

True. Its a sweet game I guess. Hahaha

dauntless15:
Yes I won't just start it, I am going to pay for mentorship, but thanks for replying, I learnt alot from your reply and I hope I just get it right, when I am done learning I'll do some real world test of what I learnt and if it's not viable or fruitful I'll just quit before I loose too much, thanks again.

Contact me after the contest or follow the 5yr routine.

Danator:
Maybe. But the Kingpipmarshall I know would have made a proud exhibition of it here.

It wasn't easy... dem humble my ego. Had issues with handling boredom which resulted in over trading. Went on break and will be placing my first trade tomorrow.

Xoxo.

samfelly:
I am more than happy to announce that another sponsor has contacted me and made his interest to sponsor one slot (winner) in the contest. Which now bring us to four (4) slots (winners). And, as usual, he wishes to remain anonymous. We are sincerely grateful to all our sponsors, so far, and we pray they be blessed beyond measures. Amin!

And I also pray for more sponsor to tag along. I wish to have about 10 winners emerge from this contest and bag the $49 Myforexfunds account and make something out of it. And in turn bless the FTA house come Season 23. Ise!

Using this contest to warm up against 2023, I hope to grab a prize from the organisers. Thank you to the sponsors for giving an opportunity to serious FTA traders.

It's been one hell of a year since russia invaded Ukraine in February.