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Nairaland Forum / Nairaland / General / Investment / What They Don't Tell You About Forex ! (50987 Views)
Make Money With Kdp ( What They Don't Tell You) / If You Know You Know, Don't Tell Anyone, Just 10 People Needed For This. / WAKANDA . NG IS SCAM. THEY DON'T PAY. (2) (3) (4)
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Re: What They Don't Tell You About Forex ! by LagbajaTheBEREAN: 1:34pm On Apr 17, 2021 |
frankson1:how about if I should send you an email? |
Re: What They Don't Tell You About Forex ! by Cnach: 1:38pm On Apr 17, 2021 |
elvhinzey:U have succeeded in saying nothing he is not right, no wahala..hit him with facts, examples and references. he said successful ones are less than 30%, what says thou about that? 2 Likes |
Re: What They Don't Tell You About Forex ! by PARADIZEPRIEST: 1:41pm On Apr 17, 2021 |
[quote author=africonn post=100869828] how much has he lost since he started and debts his owing? come out clean my friend? forex is for money you are prepared to lose in matter of fews hours or seconds sometimes in a volatile market. Forex is a purge game of signals ,it will purge you account because you dont know how and sways you just lik casino royale, you stake on heavy odds that entices you so easily and win small and lose big time. Forex trading my Naija ppl is not BDC wey mallam they buy and sell. MALLAM OWN BETA SEF PASS FOREX. Because naija currency is too weak to gamble on forex trading platforms driven by signals and analytics. Sey na that small salary and allowance you earn na em you wan take gamble for forex? Stay away, from syndicate seminars,unless ya papa na oil merchant, if you trade it is at your own risk. 1 Like |
Re: What They Don't Tell You About Forex ! by Available247: 1:43pm On Apr 17, 2021 |
Op is still far behind. He never meet boys who became rich with Forex trading |
Re: What They Don't Tell You About Forex ! by kumulus(m): 1:44pm On Apr 17, 2021 |
My advice to anyone thinking about taking up trading, please put good thoughts into it. When you finally decide to get started, be ready to pay the price...yes, there's always price to pay to grow. Be more than willing to submit to time, be curious and leave nothing to chance. It may take you months or years but you'll get there eventually. Yes, you'll burn accounts and if you're patient and not hurried you just might escape that. Take your losses as your tuition, don't be afraid to take a loss like you've always done. No thanks to the culture we have/had, remember how you panic during tests and exams in school because you feared you'd get the strokes for failing, recall the days when as a toddler you get scolded for trying to reach out to something new to you. These experiences and many like it has imprinted fear in most of us, you're not alone. You just have to work on your "self" and break free. This is one of the many benefits of trading for the determined one, you become more aware of your person and/or person's. Be ready to study and get used to the charts (best to do this when price isn't moving), it's called back-testing. Everything price will and can ever do in the future has been done in the past and my people before me would say; when you know where you are from, you sure will know where you're heading to. Take keen observation of the happenings around you and you'll see that traditional banking as you know it is about to become a thing of the past. You don't want to get left behind, this is the beginning of a new era....do something if not for you, at least for posterity. All the best. Lloyd 8 Likes |
Re: What They Don't Tell You About Forex ! by Nobody: 2:12pm On Apr 17, 2021 |
Someone said is gambling...So Banks gamble with our money, even the country we are living in has an exchange market 2 Likes |
Re: What They Don't Tell You About Forex ! by Fucktardgirl(f): 2:24pm On Apr 17, 2021 |
Bobxin: My friend was trading demo and made $2000 in just about a month but when he invested with real money, $150; two months in, he lost everything |
Re: What They Don't Tell You About Forex ! by Fucktardgirl(f): 2:36pm On Apr 17, 2021 |
ogwuche4u: You're mistaken. if Forex wants to hit you hard, you can't escape it, no matter the knowledge you have. My friend invested in a trade that went in one direction for a period of 4 years. When the chart was moving in that direction, he kept on saying that all signals were telling him that the chart would reverse and face the opposite direction but no, the chart kept on moving without looking back. My friend was busy using stop losses. That's how he cut all his money until his entire account became empty. $4600 that he made for nearly a year and eight months. He borrowed money to save the account but that didn't even help matters. The guy almost died of hypertension. Now if you tell him about Forex, the way he will attack you eh. He has learnt his lesson. Forex is one of the biggest scams of the millennium. 5 Likes 1 Share |
Re: What They Don't Tell You About Forex ! by felixzo1(m): 2:40pm On Apr 17, 2021 |
Fucktardgirl:this is really funny,I don't know if to call it ignorance or stupidity or both. he had poor knowledge of how the markets works.forex is a dangerous place for the ignorant. you can loss your whole life savings but forex is not a scam. |
Re: What They Don't Tell You About Forex ! by SEGLIZ: 2:40pm On Apr 17, 2021 |
BadRadio: I thought as much, you are making money, good rich and okay. yet you want to help an impoverished man, you are asking him to go break a vault just help him out of hunger. we are wicked in this country, that man with 40k or 120k won't disturb himself coming to them if he has that much. for there are things he would do with that amount that could grow his wealth in bits like you want to help him. my bro don't mind this people, I'm starving without money, you to show food source still you're telling me to bring an amount that will turn my life around without me looking for your food source. my bro you see how Nigerians are killing Nigerians. 2 Likes |
Re: What They Don't Tell You About Forex ! by Fucktardgirl(f): 2:43pm On Apr 17, 2021 |
felixzo1: It sounds funny but it is not funny. |
Re: What They Don't Tell You About Forex ! by book0113: 2:48pm On Apr 17, 2021 |
BadRadio: |
Re: What They Don't Tell You About Forex ! by elvhinzey(m): 2:50pm On Apr 17, 2021 |
Lekan239: I will take nothing personal. We learn, unlearn and relearn everyday. Everyone has been through a lot. Who Am I? Back to your question - it's never advisable " DO NOT test the depth of river with both feet" - Warren Buffet. Other sources of income include Amazon Kindle Publishing(i recommend this, strongly for you, bro), Agro-Allied Production, and Distribution of FOMG. Forex can be difficult without a proven mentor. I didn't exalt myself in Forex, here, and i will never do that. That is why i recommended my mentor, 'Olufukeji Ejimi Adegbeye' on Facebook. I rise via endorsements, favour and recommendations. I work in a trading room/floor. Cheers! 1 Like |
Re: What They Don't Tell You About Forex ! by felixzo1(m): 2:51pm On Apr 17, 2021 |
Fucktardgirl:I lost an account of a $1000 to forex in 2007, it was because I was poorly trained, lack money management and trading psychology.Entering a trade is easy, the art of trading in its self its a skill that takes time to master. |
Re: What They Don't Tell You About Forex ! by book0113: 2:53pm On Apr 17, 2021 |
Stop misleading people, am into Forex. And I can tell you that, if you know the intrigues and apply patience, you are better off [/quote] |
Re: What They Don't Tell You About Forex ! by ogwuche4u(m): 2:58pm On Apr 17, 2021 |
Fucktardgirl: From what you just said here, I can boldly say your friend never sought mentorship. He sees forex as bet naija. He didn't manage risk, he was predicting the market which is totally wrong. A good trader knows better to react to the market. The issues hindering the nigerian youths from tapping from this largest market is because they prefer to jump straight into charts instead of seeking proper knowledge first which leads to blowing of account and this has affected many of them thereby calling forex a scam. Even Jesus admonishes us to read. Seek knowledge first my brother. Master the skill and money will follow. And to those saying demo is different from real trading, it's because you lack discipline |
Re: What They Don't Tell You About Forex ! by felixzo1(m): 3:07pm On Apr 17, 2021 |
ogwuche4u:forex trading is just not about skills, heaving required skills and discipline is just half the work the other half which people ignore is the trading psychology (how you handle losses and wins , you money management and your patience). there are a lot of good trainers but bad traders |
Re: What They Don't Tell You About Forex ! by Fanuchi007: 3:08pm On Apr 17, 2021 |
forex is advance bet9ja. Go for long term investment on Monero cryptocurrency. it's d next big thing as d word tries to get more secretive. 1 Like |
Re: What They Don't Tell You About Forex ! by Samuell2019(m): 3:10pm On Apr 17, 2021 |
BioGreen: Care to share? Really want to learn |
Re: What They Don't Tell You About Forex ! by studentofTruth: 3:13pm On Apr 17, 2021 |
felixzo1: You sound experienced. Which broker do you use? 1 Like |
Re: What They Don't Tell You About Forex ! by ogwuche4u(m): 3:15pm On Apr 17, 2021 |
felixzo1: All you just said here were also stated in what I wrote earlier. Nigerian youths need to wake up. The market is rich for us all. Let's remove the ambiguity and see forex as easy as it is. 1 Like |
Re: What They Don't Tell You About Forex ! by felixzo1(m): 3:19pm On Apr 17, 2021 |
ogwuche4u:forex is not easy, the only easy thing is the process of entering a trade 1 Like |
Re: What They Don't Tell You About Forex ! by cornelin(m): 3:25pm On Apr 17, 2021 |
deflover: Boss, let me hit you up too. I've been demo trading for over 5 months now. I need an experienced hand. Thank you |
Re: What They Don't Tell You About Forex ! by frankson1(m): 3:33pm On Apr 17, 2021 |
Re: What They Don't Tell You About Forex ! by kenny160: 3:33pm On Apr 17, 2021 |
Hunmm forex forex |
Re: What They Don't Tell You About Forex ! by TheGift: 3:48pm On Apr 17, 2021 |
According to Investopedia: "Forex trading may make you rich if you are a hedge fund with deep pockets or an unusually skilled currency trader. But for the average retail trader, rather than being an easy road to riches, forex trading can be a rocky highway to enormous losses and potential penury." BadRadio: 4 Likes 1 Share |
Re: What They Don't Tell You About Forex ! by aronski(m): 3:50pm On Apr 17, 2021 |
deflover:Nice one boss, but na money ah need to start up like $100 or $200. I learned here from Tradera, they uploaded all their tutorials for free after they shutdown and it is very educative (ah download all the tutorial videos in HD quality, it cost me over 4.5gb but its worth it). www.youtube.com/channel/UCL6TOv4Uu6_S6SGdguUgJfQ 1 Like |
Re: What They Don't Tell You About Forex ! by Princeboca12(m): 4:00pm On Apr 17, 2021 |
BadRadio: Although you've made raised some valid points but I still beg to disagree with a few. My friend started forex trading in the year 2020(January). Today, boy has a beautiful house, a car. Sponsors his 5 siblings in the university. Man's just 22years. His advise was get the KNOWLEDGE and FOCUS. 1 Like |
Re: What They Don't Tell You About Forex ! by SavageResponse(m): 4:02pm On Apr 17, 2021 |
mular: From actual forex trading or from training fees and selling fake trading robots? 2 Likes |
Re: What They Don't Tell You About Forex ! by OLORIPAPA: 4:03pm On Apr 17, 2021 |
There is a way Forex is been traded and become profitable...The loss U make in Forex doesn't matter if U follow to the letter good money management,but greed won't let u. |
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