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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 21 (325935 Views)
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Re: Forex Trade Alerts: Season 21 by blackman007: 8:09am On Mar 30, 2021 |
Donvic4u: You are so damn right boss, nothing is so secretive in forex, everything is laid out there on the internet if only you can do research and painstakingly put in the hard work...nothing is really new about forex....just find out what works for you... and as a matter of fact strategy is alittle part of the whole equation, trading physcology and money management are also few of the most important parts of trading that traders hardly talk about.....not just strategy... my opinion anyways... 2 Likes |
Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 8:15am On Mar 30, 2021 |
Abambam: blackman007: Horizontal support and resistance plus divergence |
Re: Forex Trade Alerts: Season 21 by Nobody: 8:20am On Mar 30, 2021 |
Donvic4u:Oga, trade your own make i trade my own. Like I said, I am not in the business of sharing strategy. If you like laugh in stochastic, I no send u. I am not selling anything here and will not sale anything here. When I am interested in selling, I will do it to few that can afford it. Your account balance multiplied by 10 can't afford my strategy. I already have plans and it does not involve selling of strategy or teaching of forex trading. If anybody wants to learn they should go online and learn. 3 Likes |
Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 8:31am On Mar 30, 2021 |
infofirst: Boss, with all due respect, I've mentally quit the competition since last week. I can't stress myself to compete with folks who are so complacent and haven't placed a single trade for 2 weeks. I wouldn't even join the contest for April. The contest is not helping me become a better trader. It's all about people rushing to place trades irresponsibly without giving a care about risk management . I'm guilty here as well. My suggestion; a weekly target should be given and people who don't meet the target gets kicked out. That way, everyone will be trading. PS. I'm focusing on the personal challenge I have with you. I've been running the account for 3 months now and I've not blown it. I'm having a little drawdown currently but my risk management has gotten better. I'll brief you more personally. Thanks for all you do for us upcoming traders. God bless you. |
Re: Forex Trade Alerts: Season 21 by Theyoungmaster(m): 8:35am On Mar 30, 2021 |
Donvic4u: Retweet! God bless you for this question. I've actually been itching to ask him since 2020 thread. He only comes, drops charts with trade positions and arrows and zooms off. In as much as nobody owes anybody a strategy. I just feel a little explanation into the mechanism guiding his trade calls wouldn't be bad at all. PS. I come in peace. |
Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 8:48am On Mar 30, 2021 |
NetValueFX: Horizontal support and resistance plus divergence |
Re: Forex Trade Alerts: Season 21 by Tony142: 9:18am On Mar 30, 2021 |
infofirst: pls how can I participate in the next contest? |
Re: Forex Trade Alerts: Season 21 by harizonal123(m): 9:30am On Mar 30, 2021 |
@infofirst thanks for all your effort we really appreciate I support the idea of weekly target. Maybe a minimum of 1% or 0.5% so that people won't go to sleep after making some lucky profit. If possible competitors must place trades at least two days in a week. 1 Like |
Re: Forex Trade Alerts: Season 21 by haryodehjia(m): 9:42am On Mar 30, 2021 |
starrypholey: How far have u gone in trading? |
Re: Forex Trade Alerts: Season 21 by Donsheddy: 9:45am On Mar 30, 2021 |
harizonal123: I thought not trading at all is also part of risk management, what if a person doesn't get a clear signal within the week, so the person must place a trade?.... |
Re: Forex Trade Alerts: Season 21 by haryodehjia(m): 9:46am On Mar 30, 2021 |
Common guys what's the need for this argument? If u believe in ur own strategy then I believe u can make it work for u.. Moreover no single indicator on forex that is not lagging.. Please work on ur self not minding the circumstances |
Re: Forex Trade Alerts: Season 21 by haryodehjia(m): 9:47am On Mar 30, 2021 |
Donsheddy: |
Re: Forex Trade Alerts: Season 21 by blackman007: 9:51am On Mar 30, 2021 |
Donsheddy: |
Re: Forex Trade Alerts: Season 21 by Nobody: 9:52am On Mar 30, 2021 |
Donvic4u:Russia corn ooo or Rush humble, I am not interested. Wetin N'golo be for Chelsea na wetin en be for Leicester. I only dropped an information that could help someone to look in the productive direction. And to cap it all, your account balance x 10 cannot afford my strategy... Hahaha, I laugh in harmonic pattern. 2 Likes |
Re: Forex Trade Alerts: Season 21 by amolak: 9:57am On Mar 30, 2021 |
Donsheddy:Exactly brother, if someone doesn't place a trade, he creates opportunity for you to over take him, for me I don't think that one is an issue. It is also part of risk management. |
Re: Forex Trade Alerts: Season 21 by harizonal123(m): 10:01am On Mar 30, 2021 |
Donsheddy: How about the idea of making some careless profit on the first day of trading and going to sleep for the rest of the month. Would u call that a trading contest? The truth of the matter is that this competition is purely for day traders. 2 Likes |
Re: Forex Trade Alerts: Season 21 by Ignatio(m): 10:12am On Mar 30, 2021 |
Donsheddy:What's the safest leverage to trade with? |
Re: Forex Trade Alerts: Season 21 by Donsheddy: 10:14am On Mar 30, 2021 |
harizonal123: every trader has a style that's perculiar to him.... some traders have a system that helps them rack up as much profit at the beginning of the month, while some traders gather profit little by little everyday.... it's left for you to close in the gap with your system.... someone that made a profit of 20 Percent within a week that's. more than enough for the month |
Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 10:16am On Mar 30, 2021 |
NetValueFX: Horizontal support and resistance plus divergence.. |
Re: Forex Trade Alerts: Season 21 by Tony142: 10:19am On Mar 30, 2021 |
infofirst: the rules says "maximum of 1:25 leverage and 1,000$" but I discover that most of the broker have minimum deposit of 3,000$ so in that case with should we do? |
Re: Forex Trade Alerts: Season 21 by Nobody: 10:19am On Mar 30, 2021 |
Donvic4u:Unfortunately your large has little or nothing to offer just yapping and seeking free strategy. 2 Likes |
Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 10:23am On Mar 30, 2021 |
NetValueFX: Horizontal support and resistance plus divergence |
Re: Forex Trade Alerts: Season 21 by Abambam: 10:25am On Mar 30, 2021 |
Theyoungmaster:Jumping on the bandwagon? You wanted to ask BUT didn't, so that's my fault? LOL . Have you shared yours? This TAKE TAKE TAKE mentality. Donvic4u:If I was going to ask someone to explain the way they trade, at least I won’t be asking with a tone as if I’m doing that system owner a favor by asking him or her. (I mean the way you asked NetValueFX ). I share trade calls, image, ideas and whatnot here. You have been here longer than I am but you rarely share anything. Some members here I would like to PM and pick there brains, especially top 1-4 at the just concluded competition but they all have the right not to share zilch with me. Beggars are not choosers meaning- to say that people who need something should be satisfied with what they get even if it is not exactly what they wanted. ======== You want something, start out by showing a good example. ========== Oh no this thread is so quiet, then start posting and sharing here (But no you sit on your hands and post nada or post once in 3weeks) ============= Be the change you want, dont be silly arrogant , thinking you are better than someone.
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Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 10:32am On Mar 30, 2021 |
Horizontal support and resistance plus divergence |
Re: Forex Trade Alerts: Season 21 by Abambam: 10:37am On Mar 30, 2021 |
infofirst:Great job Bro. I love the competition, not for the price but for the competition itself. Takes plenty of adjustment to the leverage. If I may suggest, the weekly pay to the top 3, shouldn't be carried over from previous week. I think it should be base solely on the said week highest % gains Say 1st week, SHOLA got his account to 40% . and that same week TONY got his to say 5%. (SHOLA wins the 1st week prize) Week 2... SHOLA didn't trade at all, remains at 40% but that same WEEK 2, TONY gains another 7 %, meaning he has 12% now. I suggest Tony's become the winner at that WEEK 2 because he actually does have the % gain for that week. This is competition, why be in competition and not place trade for 1/2 weeks. Doesn't make sense to me. That being said, you are the organizer and you have THE FINAL say. So just look at it as suggestion. 1 Like 1 Share |
Re: Forex Trade Alerts: Season 21 by infofirst(m): 10:37am On Mar 30, 2021 |
Hummm matter arising. The truth is, everyone can never be covered in a scenario. There will be an exemption and or loopholes. I can only adjust or cover the loopholes when they arises. And since we did the trials, I saw some of the loopholes and covered them. Now I see more been pointed out. @theyoungmaster Not trading is part of trading. I stated it that this contest is more about risk management and then profit. Its difficult to force people to take trades. And I remembered rewarding some folks for their brilliant risk management earlier. Its somehow for you to conclude that you will not partake in the next contest because you failed at making it after trying to over trade as well. How about I say that I will not continue with any personal dealings with you as well because of what you have written. We win some and we loss some. Do not find reasons to justify anything. You just rubbish some efforts man. @harizonal If we mandate weekly target, how will that be in line with your claims of been a long term trader? @all Two things were at stake which you could have taken advantage of, trade responsibly and get to manage account even if you did not meet top 3. Trade anyhow and make top 3 and get cash prizes. He no easy to cover everyone and their wishes. All those permutations and combinations of %returns takes time. Am giving prizes and I am still going to stress myself and spend time with calculations to pick weekly high and the likes. Make una pity me. I be orphan. 9 Likes |
Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 10:39am On Mar 30, 2021 |
Abambam: Horizontal support and resistance plus divergence |
Re: Forex Trade Alerts: Season 21 by Abambam: 10:45am On Mar 30, 2021 |
Donvic4u:Don't be silly idiot Donvic4u , arrogant dimwit. When I asked you to explain your system, your answer is I trade " Horizontal support and resistance with divergence. How come when NetvalueFX answered you the same way, you became rude and salty? You are just silly little boy that didn't get his chocolate then decide to throw tantrum like blockhead that you are Now go-on and rant Donvic4u the clown. No more replies to you but would be reading your tantrum with smiles. 2 Likes |
Re: Forex Trade Alerts: Season 21 by Shevychen2: 10:51am On Mar 30, 2021 |
@infofirst well done for the work you're doing. You're better than many of us tbh. However, I understand the points your participants have raised. There is a line between not trading because your strategy didn't give you entry signals and staying out of the market to protect profits luckily made in one day with high leverage. You also can't mandate people to take X number of trades as it won't suit some. This is why some platforms take an average of the number of trades opened in the last three months in computing their rankings for these competitions. Of course, you don't have the technology for that. My suggestion: split your prizes and run a weekly competition instead so that only people that have taken part in the market for the week can get prizes. Of course it's your money but it's a better way of judging to avoid rewarding people that are away on holidays. No offence intended. More importantly, I hope the participants are learning lessons. Forex is easy but succeeding in it over the long term is very hard. Over 30 accounts in the competition but just 7 in positive (could be even lower if some of them didn’t stop trading to protect profits). 4 Likes |
Re: Forex Trade Alerts: Season 21 by amolak: 10:57am On Mar 30, 2021 |
infofirst:Gbam! |
Re: Forex Trade Alerts: Season 21 by haryodehjia(m): 11:01am On Mar 30, 2021 |
infofirst: Na this orphan weak me pass 1 Like |
Re: Forex Trade Alerts: Season 21 by amolak: 11:02am On Mar 30, 2021 |
infofirst:Does Ea allow? |
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