NetValueFX:

That logic is quite poor because the contest is all about pips making and not account balance. Anyone with basic quantative reasoning would know that 5×0.01 will produce 5× more pips than 0.05.

Anyone with a functioning brain will know that the number of pips u make does not matter, what matter is the value of the pips



Some NFP trader that only trade the news once in a month can use 100 lot on 5 pips, but trust me that 5 pips can feed u for a whole year


So the number of pips does not matter, what matter is the value of the pip

Good point. But let's make our comment without insults

Depressed111:



Anyone with a functioning brain will know that the number of pips u make does not matter, what matter is the value of the pips



Some NFP trader that only trade the news once in a month can use 100 lot on 5 pips, but trust me that 5 pips can feed u for a whole year


So the number of pips does not matter, what matter is the value of the pip

0.01x5 and 0.05 are the same.

Different pips count, but the same worth or value.


I don't even understand why this should be an issue.

Let's not stress @ infofirst any further abegi

Akinnraland:
As anticipated, added another buy when price dipped.

Trade entry reason: daily seem like up trend, entry on a lower time frame in direction of higher time frame.

Yesterday same pattern but miss this because of sleep.

I believe this is very solid pattern but I'm not decided if 5-10 RR is the optimum target , yesterday only gave 4RR before it came back to hit my SL.

Enjoy.

Depressed111:



Anyone with a functioning brain will know that the number of pips u make does not matter, what matter is the value of the pips



Some NFP trader that only trade the news once in a month can use 100 lot on 5 pips, but trust me that 5 pips can feed u for a whole year


So the number of pips does not matter, what matter is the value of the pip

LOL... Oga rules are rules, cry from now till end of June, you will not change the rules. Logician.

Comprehension is hard for some people! Rules state: 0.01 lots per trade and a maximum of 0.05 lots

Same way some people read the bible, leave the beginning and take only the 2nd verse to heart!
Sigh

NetValueFX:

LOL... Oga rules are rules, cry from now till end of June, you will not change the rules. Logician.

Have u heard of constitution amendment? Even the Nigeria constitution can be amended by the house of representative or house of Assembly



Let me use the opportunity to teach u, atleast u will learn one thing from me today


Rules can be changed but law can not be changed


If u throw a stone up it will surely come down, why?...because if the "law of gravity" can u changed the law of gravity? No, why?...because law can not be changed, law is a fact, facts does not chabged


What about rules? Rules can be changed, even the Nigeria constitution can be change and amended, so for u saying even if I cry from now till June ending it will not changed the the rules, that means that u probably have a low reasoning skill



I hope u learned something from your uncle(me) today

Depressed111:




Have u heard of constitution amendment? Even the Nigeria constitution can be amended by the house of representative or house of Assembly



Let me use the opportunity to teach u, atleast u will learn one thing from me today


Rules can be changed but law can not be changed


If u throw a stone up it will surely come down, why?...because if the "law of gravity" can u changed the law of gravity? No, why?...because law can not be changed, law is a fact, facts does not chabged


What about rules? Rules can be changed, even the Nigeria constitution can be change and amended, so for u saying even if I cry from now till June ending it will not changed the the rules, that means that u probably have a low [b]reasoning skill[/b]9th



I hope u learned something from your uncle(me) today

The contest has started and the rules can't be changed. This is just like Fifa coming at the extra time in a game and say, "there is no more golden rule" perhaps after Kanu have used it to dislodge Brazil.

People should learn to adjust, that's the aim of this contest.

Please ability goes with reasoning. Skill goes with craft. I don't know who taught you English, but that person no try at all.

ItzProspero:
0.01x5 and 0.05 are the same.

Different pips count, but the same worth or value.


I don't even understand why this should be an issue.

Let's not stress @ infofirst any further abegi

Exactly, 0.01 lot on 5 different pairs is the same thing as 0.05 lot on one pair, it is only those that did not pass your mathematics class in school that will think they are not the same






So, let just wait for infofirst to come and make the finally conclusion, it seems he is not currently online

NetValueFX:




The contest has started and the rules can't be changed. This is just like Fifa coming at the extra time in a game and say, "there is no more golden rule" perhaps after Kanu have used it to dislodge Brazil.

People should learn to adjust, that's the aim of this contest.

It does not matter if they change it during this contest or not, what matter is that they can still changed it before the next contest start

Depressed111:




It does not matter if they change it during this contest or not, what matter is that they can still changed it before the next contest start

Based on your reasoning skill

NetValueFX:




The contest has started and the rules can't be changed. This is just like Fifa coming at the extra time in a game and say, "there is no more golden rule" perhaps after Kanu have used it to dislodge Brazil.

People should learn to adjust, that's the aim of this contest.

Please ability goes with reasoning. Skill goes with craft. I don't know who taught you English, but that person no try at all.

U are right, u do not know who taught me English, but I know the person who taught u English was me

NetValueFX:


Based on your reasoning skill

Hahahaha

Are we still on the matter?.

There are certain objectives I aimed to accomplish with the contest. The rules were set to help further makes the objectives achieveable. Hence the reason why I always emphasize reading the rules first and understanding it. Once you hit the rules, I or the system will hit you with disqualification.
I am highly interested in discipline traders with trading skills and less resources.

Thank you.


Attached pix is Wednesday motivation. End of month personal reward. If you can not follow rules, you can not accomplish such. I am trying small small too. You do not want me to invest in non potential right. I am still in basic two in school of forex. I hope to be a graduate one day.
Yes we all can do it.

You want to achieve this in a month without following rules.... Nah. Come on guys. Yes we can do it.

NetValueFX:


Wow... Why don't you do the experiment and come back and tell us your findings.
The draw down and profits will be the same.
However, the person will make 500pips where you make 100pips.

Leave am make he dey argue. He's mixing up pip value and pips count. Both trades will have the same total pips value in profit but the pip count will differ. The contest is about pip count. If we all trade the same 0.01 on a trade, the winner with the highest pip count will automatically also have the highest pips value return.


Basic logic.


@Donsheddy, wida you! I go soon tell wike to expel you from Ph.

Depressed111:




U are right, u do not know who taught me English, but I know the person who taught u English was me

Please sir English, based on who you be and your level of reasoning skill , what is the opposite of 0.05lot

One of Charles Dow theory is at constant play in all FTA threads and do you know what that is ?
"HISTORY REPEATS ITSELF"
FTA threads and fight be like 5&6 sha
@Gasive....sire, might I indulge thee to provide us with thy meme best fitted for this splendid event at the moment...
cheers

Davigle:
One of Charles Dow theory is at constant play in all FTA threads and do you know what that is ?
"HISTORY REPEATS ITSELF"
FTA threads and fight be like 5&6 sha
@Gasive....sire, might I indulge thee to provide us with thy meme best fitted for this splendid event at the moment...
cheers

Its normal whenever we have gatherings of people with different background. We only need to make it a healthy fight. Agree to disagree without insulting anyone.

I like this man@netvaluefx.. Oga the way you argue is always funny. Simple things dey always escalate where you dey

Theyoungmaster:


Leave am make he dey argue. He's mixing up pip value and pips count. Both trades will have the same total pips value in profit but the pip count will differ. The contest is about pip count. If we all trade the same 0.01 on a trade, the winner with the highest pip count will automatically also have the highest pips value return.


Basic logic.


@Donsheddy, wida you! I go soon tell wike to expel you from Ph.

Hahahaha
Abeg oh
No tell wike oh.....
Lol una don win....
No worry I go win the next dragging

charly20:
I like this man@netvaluefx.. Oga the way you argue is always funny. Simple things dey always escalate where you dey

I want my reasoning skill to get to the level of my English teacher @ Depressed111
So make una manage me as una see me

Donsheddy:



Hahahaha
Abeg oh
No tell wike oh.....
Lol una don win....
No worry I go win the next dragging

infofirst:
You want to achieve this in a month without following rules.... Nah. Come on guys. Yes we can do it.

We are doing it already

NetValueFX:


I want my reasoning skill to get to the level of my English teacher @ Depressed111
So make una manage me as una see me

It's even difficult to see how the matter reach to even enter debate sef... Chai

infofirst:


Its normal whenever we have gatherings of people with different background. We only need to make it a healthy fight. Agree to disagree without insulting anyone.

Is the contest really about pip count? Or the highest profit made within the rules?


If it's about pip count, then the person with the highest profit may not be the winner.

Pls kindly clarify. @theyoungmaster keep reiterating (pip-count)

charly20:


It's even difficult to see how the matter reach to even enter debate sef... Chai

It happens, someone times our mind is calculating another thing and our hand dey write another thing. That's what brought all that confusion.

Una don gang up against me pursue me abi

Theyoungmaster and netvaluefx

Donsheddy:
Una don gang up against me pursue me abi

Theyoungmaster and netvaluefx

Gross allegation.

NetValueFX:


Gross allegation.

Una don rig me out

NetValueFX:



Please sir English, based on who you be and your level of reasoning skill , what is the opposite of 0.05lot

- 0.05 lot