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Forex Trade Alerts: Season 21 - Business (125) - Nairaland

Nairaland ForumNairaland GeneralBusinessForex Trade Alerts: Season 21 (416146 Views)

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Re: Forex Trade Alerts: Season 21 by charly20(m): 12:58pm On May 23, 2021
boom99:
Nice one infofirst. This was my first competition ever and I am learning alot. Thanks for the opportunity
This competition has reeaally shaped me even though I'm as new as they come. You'll enjoy it, you'll see.
Re: Forex Trade Alerts: Season 21 by boom99(m): 2:03pm On May 23, 2021
charly20:
This competition has reeaally shaped me even though I'm as new as they come. You'll enjoy it, you'll see.
Thanks you
Re: Forex Trade Alerts: Season 21 by klinksd: 2:09pm On May 23, 2021
Elliotwaveforec:
Which one be werey? you dey talk like tout
Lol... grin...I am not one sha, no offence taken ...humour is good once in a while, loosen up bro... cheesy
Re: Forex Trade Alerts: Season 21 by Nobody: 3:42pm On May 23, 2021
klinksd:
Exactly...even if there is a manipulation by the market makers as there usually is, there will be a technical heads-up on the chart, you just need to know what to look for and find.
Right, right and right.
Re: Forex Trade Alerts: Season 21 by Nobody: 4:28pm On May 23, 2021
XAUTrader4L:
The same week we had a daily close above TL is the same week we have a weekly close above the TL and resistance zone. All bullish signs, though now there are daily candles with small bodies so I expect a bit of retracement then I will be more comfortable. Also sentiment is saying retail traders keep adding sells so it's a good thing for the bulls.
That trendline retest though.

Re: Forex Trade Alerts: Season 21 by Nobody:
...
Re: Forex Trade Alerts: Season 21 by Nobody: 5:09pm On May 23, 2021
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Re: Forex Trade Alerts: Season 21 by Nobody: 5:43pm On May 23, 2021
klinksd:
@infofirst is really trying hard to make us gentle, optimal, less risk-taking, profitably sustainable traders, but, some of us no dey hear word oooh...werey like coconut shell, waiting for the next gbas gbos for pips/profit... grin grin
It's natural to want to win. This contest looks at closing balance that's why there are certain risk. If the winner was to be chosen based on pips harvested no body will trade more than 0.01 lots size.
Re: Forex Trade Alerts: Season 21 by infofirst(m): 6:22pm On May 23, 2021
NetValueFX:
It's natural to want to win. This contest looks at closing balance that's why there are certain risk. If the winner was to be chosen based on pips harvested no body will trade more than 0.01 lots size.
I wished its actually possible to have a system that can help with the ranking based on pips.

ILovebigyansh:
It's interesting smiley
What you did was just pure evil though.
You increased leverage & reduced DD.
grin grin grin grin This week contest attest to the fact that most of the contestants are not trading with a good trading plan and risk management yet.
Re: Forex Trade Alerts: Season 21 by haryodehjia(m): 8:47pm On May 23, 2021
infofirst:
I wished its actually possible to have a system that can help with the ranking based on pips.


grin grin grin grin This week contest attest to the fact that most of the contestants are not trading with a good trading plan and risk management yet.
Boss, not the way u see it sir grin
Re: Forex Trade Alerts: Season 21 by bigbasho: 9:38pm On May 23, 2021
infofirst:
I wished its actually possible to have a system that can help with the ranking based on pips.

Reducing the leverage can control this.


grin grin grin grin This week contest attest to the fact that most of the contestants are not trading with a good trading plan and risk management yet.

Yes! That is why you will someone coming down from 10%+ve to -ve. Like gabson suggestted in one of his post. Bring the leverage down 1;10 and that is the only way you can get what you want.
Re: Forex Trade Alerts: Season 21 by infofirst(m): 11:06pm On May 23, 2021
[quote author=bigbasho post=101997454][/quote]Even at 1:1000. You must maintain your discipline. But is too small for $1000 in a contest.
Re: Forex Trade Alerts: Season 21 by BrightFuture48: 8:38am On May 24, 2021
infofirst:
I wished its actually possible to have a system that can help with the ranking based on pips.


grin grin grin grin This week contest attest to the fact that most of the contestants are not trading with a good trading plan and risk management yet.
You're right. The aim of many is to catch up with first guy @mayork2n hence jettisoning risk management rules and going all out.

It is well!
Re: Forex Trade Alerts: Season 21 by Tony142: 9:28am On May 24, 2021
Pls those of you that trade forex on laptop, how is your data usage like? Like how much data do your laptop consume per 1hr?
Re: Forex Trade Alerts: Season 21 by Elliotwaveforec: 9:29am On May 24, 2021
The US30 that hit DD. It will hit 34450

Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 11:08am On May 24, 2021
Tony142:
Pls those of you that trade forex on laptop, how is your data usage like? Like how much data do your laptop consume per 1hr?
Mt4 consumes far less than tradingview..

Depends on the number of pairs u open
Re: Forex Trade Alerts: Season 21 by Tony142: 11:39am On May 24, 2021
Donvic4u:
Mt4 consumes far less than tradingview..

Depends on the number of pairs u open
I only trade 3 pairs called BEG (Bitcoin, EUR/USD & Gold), but I do not trade the 3 pairs at once o, I only trade them one at a time , but I notice my laptop eat too much data, even food when I no fit eat finish, my laptop dey chop am in 30mins angry


I subscribe for 750mb this morning then login into mt4, guess what? As I close my eyes open am I no see mb again, the lappy don eat the data finish, wash hand, clean mouth angry


Like how much data do your laptop consume per hr?
Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 12:35pm On May 24, 2021
Tony142:
I only trade 3 pairs called BEG (Bitcoin, EUR/USD & Gold), but I do not trade the 3 pairs at once o, I only trade them one at a time , but I notice my laptop eat too much data, even food when I no fit eat finish, my laptop dey chop am in 30mins angry


I subscribe for 750mb this morning then login into mt4, guess what? As I close my eyes open am I no see mb again, the lappy don eat the data finish, wash hand, clean mouth angry


Like how much data do your laptop consume per hr?
Not even upto 20mb with over 15 pairs opened per hour.. trading view takes more though....

750mb? Look into ur system, mt4 is not d cause I can boldly say that
Re: Forex Trade Alerts: Season 21 by CopyJoe: 12:43pm On May 24, 2021
Donvic4u:
Not even upto 20mb with over 15 pairs opened per hour.. trading view takes more though....

750mb? Look into ur system, mt4 is not d cause I can boldly say that
I agree with you. Mt4 is not the cause. I leave my data on sometimes without worries.
Re: Forex Trade Alerts: Season 21 by Tony142: 1:12pm On May 24, 2021
Donvic4u:
Not even upto 20mb with over 15 pairs opened per hour.. trading view takes more though....

750mb? Look into ur system, mt4 is not d cause I can boldly say that
OK sir
Re: Forex Trade Alerts: Season 21 by TheYoda: 1:59pm On May 24, 2021
Sharing ideas, problem solving , and proffering solution. Good job guys.

This is what here should be about.
Re: Forex Trade Alerts: Season 21 by Nobody: 2:46pm On May 24, 2021
Tony142:
I only trade 3 pairs called BEG (Bitcoin, EUR/USD & Gold), but I do not trade the 3 pairs at once o, I only trade them one at a time , but I notice my laptop eat too much data, even food when I no fit eat finish, my laptop dey chop am in 30mins angry


I subscribe for 750mb this morning then login into mt4, guess what? As I close my eyes open am I no see mb again, the lappy don eat the data finish, wash hand, clean mouth angry


Like how much data do your laptop consume per hr?
If your windows update is on, it will drink your data.
Re: Forex Trade Alerts: Season 21 by Nobody: 2:58pm On May 24, 2021
infofirst:
I wished its actually possible to have a system that can help with the ranking based on pips.
The only alternative to that would be adjusting the rules to include a fixed lot size or a maximum lot size. Since the aim of the contest is to practice safe trading I guess a fixed lot size might solve that problem.
Re: Forex Trade Alerts: Season 21 by Tony142: 3:06pm On May 24, 2021
XAUTrader4L:
If your windows update is on, it will drink your data.
How can I off it?
Re: Forex Trade Alerts: Season 21 by belovez(m): 3:36pm On May 24, 2021
NetValueFX:
The only alternative to that would be adjusting the rules to include a fixed lot size or a maximum lot size. Since the aim of the contest is to practice safe trading I guess a fixed lot size might solve that problem.
I think, Maximum Daily loss is better, just like FTMO challenge this will balance technical and risk management.
Re: Forex Trade Alerts: Season 21 by boom99(m): 3:59pm On May 24, 2021
belovez:
I think, Maximum Daily loss is better, just like FTMO challenge this will balance technical and risk management.
I second you sir.
Re: Forex Trade Alerts: Season 21 by Richjke(m): 4:09pm On May 24, 2021
Hi everyone, the Newbies in Forex Trading could find this little learning material useful. Pick it here if interested. Good Luck!
Re: Forex Trade Alerts: Season 21 by Elliotwaveforec: 4:34pm On May 24, 2021
To hit

Re: Forex Trade Alerts: Season 21 by Donsheddyguru: 5:04pm On May 24, 2021
Ayam not understanding again oh...
E be like say everybody go find there way to UStec and us30 oh....
How come qpetz was able to use 11lots, that's approximately 1lot on currency pairs to trade...
Nna I no do again....
Wetin dey occur
Re: Forex Trade Alerts: Season 21 by infofirst(m): 5:08pm On May 24, 2021
Donsheddyguru:
Ayam not understanding again oh...
E be like say everybody go find there way to UStec and us30 oh....
How come qpetz was able to use 11lots, that's approximately 1lot on currency pairs to trade...
Nna I no do again....
Wetin dey occur
Ustec looks so pretty good to trade technically.

@mayork2n...permission to trade ustec too sir and your blessings join am.
Re: Forex Trade Alerts: Season 21 by Donsheddyguru: 5:21pm On May 24, 2021
infofirst:
Ustec looks so pretty good to trade technically.

@mayork2n...permission to trade ustec too sir and your blessings join am.
Asin eh... Right now I'm trying to understand how they calculate there profit....
It's quite different from Currency pairs

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