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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 21 (328500 Views)
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Re: Forex Trade Alerts: Season 21 by Tony142: 6:00pm On Oct 15, 2021 |
abham: Lol, I speak in parables, what I really mean is that, there are alot of people who think that Forex is a scam, if u tell them u are a trader they will just call u a gambler, so instead of been discouraged by their words just use it to double your lot size(motivation to succeed) 2 Likes |
Re: Forex Trade Alerts: Season 21 by Tony142: 6:01pm On Oct 15, 2021 |
Forexislife: A strategy that have an edge should not be afraid of a losing streak, why?...because in the long run your edge will play out |
Re: Forex Trade Alerts: Season 21 by Tony142: 6:04pm On Oct 15, 2021 |
Forexislife: If u have an edge there is nothing to be afraid of, because your edge will play out in the long run |
Re: Forex Trade Alerts: Season 21 by Tony142: 6:06pm On Oct 15, 2021 |
"Trading is the only examination in the world were there is no invigilator but yet you can never do exam malpractice" - Tony142 4 Likes |
Re: Forex Trade Alerts: Season 21 by ogashman(m): 6:08pm On Oct 15, 2021 |
Tony142: Comrade rest na |
Re: Forex Trade Alerts: Season 21 by Tony142: 6:12pm On Oct 15, 2021 |
ogashman: Lol, it is true na, or can u do exam malpractice in trading? The market itself is the invigilator |
Re: Forex Trade Alerts: Season 21 by ogashman(m): 6:14pm On Oct 15, 2021 |
Tony142: U can do o. When u subscribe to a signal group or u have a mentor giving u trade calls...that one no be better examination malpractice? |
Re: Forex Trade Alerts: Season 21 by Tony142: 6:16pm On Oct 15, 2021 |
ogashman: Lol |
Re: Forex Trade Alerts: Season 21 by charly20(m): 7:08pm On Oct 15, 2021 |
The way jpy pairs were doing this week eh, you go know say na heavy dumping dey follow am for back. 'Twas tempting to FOMO considering the fact that I'm trading a jpy pair in Mr. Gabson's prop firm trials. All of them this week 3 Likes
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Re: Forex Trade Alerts: Season 21 by femora007(m): 7:24pm On Oct 15, 2021 |
Tony142:Abitrage trading is mal- what? Why does brokers disallow it? |
Re: Forex Trade Alerts: Season 21 by Tony142: 8:25pm On Oct 15, 2021 |
femora007: U can trade arbitrage manually, except with an EA, but one mistake can wipe u out |
Re: Forex Trade Alerts: Season 21 by mrikay: 9:18pm On Oct 15, 2021 |
Edd1e: Hello bro... Please check out these brokers for newbies. https://onyeinfo.com/best-forex-brokers-for-beginners/ |
Re: Forex Trade Alerts: Season 21 by Edd1e(m): 7:26am On Oct 16, 2021 |
mrikay: The brokers seems good but complicated and not Nigerian friendly Broker... The blog is targeted at Nigerian i think, then it's better to go for brokers that allows easy deposit and withdrawals for Nigerians. |
Re: Forex Trade Alerts: Season 21 by successsam121: 8:04am On Oct 16, 2021 |
mrikay: If you are a Nigerian, based in Nigeria, I would recommend Hotforex for any naija trader that want a hassle-free trading in terms of easy registration, fast and easy deposit/withdrawal, excellent trading platform, highly competitive tight spreads and proactive customer care services. Being in a relationship since 2013 and still standing...... I know what am saying. Abi wetin I know sef? Still a humble learner 4 Likes |
Re: Forex Trade Alerts: Season 21 by Elliotwaveforec: 11:20am On Oct 16, 2021 |
Supply zone coinciding with the MA, will the MA be respected? 2 Likes
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Re: Forex Trade Alerts: Season 21 by mrikay: 1:00pm On Oct 16, 2021 |
Edd1e: yes , you are probably right sir. However we just highlighted their benefits, especially for newbies, rather than most other brokers that wait for you to blow your account and then call you to deposit more money. |
Re: Forex Trade Alerts: Season 21 by SpaceX: 3:19pm On Oct 16, 2021 |
Y'all i'm sorry for the other time, I thought I have seen a good strategy but forex do shave my dada. Honestly, I'm f*ucked. 2 Likes |
Re: Forex Trade Alerts: Season 21 by Thunday1005(m): 3:33pm On Oct 16, 2021 |
Feshizzy:At the bolded, can you explain better? Thought hedging is basically done to protect a trade. |
Re: Forex Trade Alerts: Season 21 by NaGraceFx: 4:08pm On Oct 16, 2021 |
4 Likes
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Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 4:12pm On Oct 16, 2021 |
Thunday1005: I'm following my system, I guess i pretty much explained it in my post |
Re: Forex Trade Alerts: Season 21 by princedaniels: 4:50pm On Oct 16, 2021 |
GabsonFX:Good day sir, I'm not exactly clear on the opportunity here, but if it's a chance to get a prop firm trading account. I'm all in. I've been trading forex since last year June, and I'm looking for opportunities to grow. Please I'd like to participate in whatever way. Really in a tight spot with my finances right now. Thanks |
Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 4:54pm On Oct 16, 2021 |
princedaniels: First rule is still learn to read, You don't jump on the last page and expect handouts |
Re: Forex Trade Alerts: Season 21 by femora007(m): 5:00pm On Oct 16, 2021 |
Tony142:not true, it's high frequency trading and trades are closed in seconds |
Re: Forex Trade Alerts: Season 21 by Tony142: 5:06pm On Oct 16, 2021 |
SpaceX: The stage you are right now is what I called "The fake reality stage" it is a stage were you will be having winning trades back to back and you will be like "wow, after all this years I finally figure out Forex" but unkown to you you were just been lucky for some few months, so u mistake this luck for skill, No, it is not skill but luck, then all of a sudden your so called solid strategy started lossing back to back and you will be like "wait o, what is happen to this my strategy" it have been winning well for the past 5 months , so why is it losing, and b4 u know it you have blow your account again and the strategy that use to look good to you is now useless in your eyes, and this will now bring you back to "The Harsh Reality Stage" this stages mostly come with frustration and depression In my trading journal, I invented 3 practical ways on how to handle the "fake reality stage" like a pro without getting frustrated and getting back on track, but I am not in the mood to write too much now #Good luck 1 Like |
Re: Forex Trade Alerts: Season 21 by Feshizzy(m): 6:08pm On Oct 16, 2021 |
Tony142: And no live account yet. All talks and no go. 3 Likes |
Re: Forex Trade Alerts: Season 21 by charly20(m): 6:10pm On Oct 16, 2021 |
charly20: That was the case. We may be going to 1.14 people! 2 Likes |
Re: Forex Trade Alerts: Season 21 by Forexislife: 6:29pm On Oct 16, 2021 |
Lol I had countless sleepless nights, yet I am still shaky in this forex game. Maintaining my live account over the months with growth has never been an easy task. At the end of the day, bad days will come, good days come but money management is the key to this game. Once greed sets in, you lose your mind. One thing that has helped me cope is thinking of my wins or losses in percentage rather than money. Sometimes I can get like 5% in a week or 15% which could be as little as 70$, last weekI got a -2.7%. With this mentality, consistency over time is the goal. There's a whole lot this journey will teach a trader. For new traders or demo traders, this market will give you 1000 reasons to fail or quit. You only have to find one reason to not quit and keep improving. It's a hard journey. 6 Likes 1 Share |
Re: Forex Trade Alerts: Season 21 by Tony142: 6:30pm On Oct 16, 2021 |
Re: Forex Trade Alerts: Season 21 by princedaniels: 7:49pm On Oct 16, 2021 |
Feshizzy: That's why I'm asking for instructions. I have tried to go through the posts, but I haven't seen clear guidelines for how things work here. Please point me in the right direction. |
Re: Forex Trade Alerts: Season 21 by Nobody: 10:34pm On Oct 16, 2021 |
KingPipmarshall: For the early stages of a business, investors and entrepreneurs often discuss a model of financial projection known as “hockey stick revenue growth” (see Figure 1.1 below). Any new business or venture usually struggles to be profitable for a while before it takes off and becomes very profitable. Many businesses never take off and simply die, but that should be no surprise for both the investors and entrepreneurs because that is the risk of doing business. The hockey stick model is with us in a variety of aspects of life. For example, many people choose to take loans and use credit for their studies and degrees with the hope of paying the debt off later when they graduate, and most, of course, do. If you look at day trading as a business, and I hope you do, you should also expect to see a hockey stick type model. For sure, you will struggle at the beginning and lose some of your capital. It’s almost guaranteed because the learning curve for day trading is steep. But in time you will experience more and more good days, and your results will become more and more consistent. The key is to stay in the game. Day trading is a marathon, not a sprint. 2 Likes
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Re: Forex Trade Alerts: Season 21 by Nobody: 10:39pm On Oct 16, 2021 |
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Re: Forex Trade Alerts: Season 21 by Nobody: 10:51pm On Oct 16, 2021 |
In trading, learning is a continuous journey. Traders must love their business, but they also must be objective. As an employee, you can go on doing something you dislike just for the sake of the salary that pays the bills. As an entrepreneur trader, you will need to love your trading business. But you mustn’t fall into the trap of thinking and acting like an employee in your own company, working in rather than on the business, being a technician rather than the person who steers it forward. You do not trade for someone else. You are the business.
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