₦airaland Forum

haryodehjia:
As a trader, if you learn to sit on your hands 50 percent of the time, you will make a lot of money.

This is the bane of many traders. They haven't learnt "how to not trade" when there isn't anything interesting in the market place. Common, you don't force a setup, or try to always get in on a trade.

Emotional mastery is one key thing you want to learn as a trader. It preserves your Mental Capital, and preserve your book balance in your broker. It saves you stress and loss of money.

This is one fact you may never get to hear from your "wannabe" Instagram or YouTube "rich" traders, but hear me now,

Trading is the most difficult way to make "easy" money.

The sooner you know that, the earlier you start being diligent with your studies, to develop yourself all round, from your Skills (10%), to your Money Management (30%), to your Psychology (60%) which accounts for a Successful trading career.

Trading is plain stack, difficult. And it takes a lot of Mental Resilience to be able to scale through till you get to profitability. And the timing is different for everyone. So don't compare yourself with anyone. It leads to a dead end.

That said, don't beat yourself when you have losses. Have a long term goal in your trading career. Something like this, "I will keep working on myself for 2-3yrs till I ever think of quiting."

If folks go to school for a 4yrs course, some 5yrs, to get certified in a field, why can't you embrace such discipline too? When you discover you don't have such long term vision and discipline, just know that you're a greedy fellow, and you won't last in this field, no matter how much you make now.

What you see on IG, YouTube, isn't real. No, it isn't. Don't be fooled! They want you to believe they are trading..the truth is, they are not! They (most of them) live off your mentorship payment. Quite clear to discern.

To the simple at heart, you will run with this, and make amends.

Remember,
Trading is the most difficult way to make "easy" money.

I leave this here for now.

Stay wise.

As copied

Golden words

...

kimozaman2020:
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peteregwu:
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peteregwu:
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Donsheddy:
Asin eh... post prove here, simple, scammers everywhere

No mind am.

.

Who is using icmarket here? What's the easiest way to withdraw? And deposit...Or which broker will you people suggest. Most importantly broker that offer instant withdrawal or almost instantly

Wishing you all a pipful week ahead, plan your trades and trade your plan.

Justed:
Who is using icmarket here? What's the easiest way to withdraw? And deposit...Or which broker will you people suggest. Most importantly broker that offer instant withdrawal or almost instantly

Hantec Globals and 7bforex, though 7b is a naira account broker.

We should all know this

Quote of the week

Don't confuse a losing trade with a bad trade—they are not necessarily the same thing. Losing trades can be good trades, and, similarly, winning trades can be bad trades.

This is what I am looking to trade this week.

Eurusd sell @1.18345 TP 1.17188 (pips) SL 60pips

Gbpusd sell @1.38211 tp 1.36794 SL 60pips

Audusd sell @ 0.76661 TP 0.75695
Sl 60pips

Usdcad buy @1.25280 tp 1.26285
Sl 55pips

UsdJpy buy @109.369 tp 112.00
Sl 50pips

harizonal123:
Quote of the week

Don't confuse a losing trade with a bad trade—they are not necessarily the same thing. Losing trades can be good trades, and, similarly, winning trades can be bad trades.

Makes a lot of sense, so what do you consider a bad or good trade sir??

EUCAD long activated

there is a sure tip for 1|4|2021 100pips trade 50|50 deal if you got your live forex account ready contact email

situations:
there is a sure tip for 1|4|2021 100pips trade 50|50 deal if you got your live forex account ready contact email

Dey deceive yaself u hear

Only mumu go fall for this ur mumu advert

Gbpcad

The thread is awfully and unusually quiet

blackman007:
The thread is awfully and unusually quiet

One of the ways to know that traders are having difficult time and managing their downside

blackman007:
The thread is awfully and unusually quiet

The market is dull today.

My MT4 and trading view is not working on my mobile. Any body experiencing same issue?

Abambam:
Gbpcad

Dance 'arounding'

peteregwu:
This is what I am looking to trade this week.

Eurusd sell @1.18345 TP 1.17188 (pips) SL 60pips

Gbpusd sell @1.38211 tp 1.36794 SL 60pips

Audusd sell @ 0.76661 TP 0.75695
Sl 60pips

Usdcad buy @1.25280 tp 1.26285
Sl 55pips

UsdJpy buy @109.369 tp 112.00
Sl 50pips

Only Gbpusd activated and 40pips in profit moving Sl to entry. I also entered long UsdJpy targeting 11200

Practice make perfect...
All my post playing out fine

icmarkets no longer has 1:25 leverage, fxtm spread is high, abeg any other better Brooker?

Donsheddy:
icmarkets no longer has 1:25 leverage, fxtm spread is high, abeg any other better Brooker?

Fxpro

haryodehjia:
Practice make perfect...
All my post playing out fine

Good

Hello folks, i spotted divergence in GBPJPY and GBPNZD 1H respectively. selling the pairs would be ideal.

May the pips be with you.