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Forex Trade Alerts: Season 22 - Business (70) - Nairaland

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Re: Forex Trade Alerts: Season 22 by Dfxmoney(m): 9:33pm On Jan 30, 2022
Apt.
Tianamen1:


compound interest formula

A= p(R+100)^nt
where A equals final amount= 2.5 million
p = initial deposit ($100)
r= rate 5% = .05 +100= 1.05
n=number of times compounding (52 weeks in a year)
t= years (4)

use excel to confirm this.

The problem with this is that you cannot withdraw any money for the whole 4 years. also making 5% a week consistently on one strategy is also impossible.

Basically, your goal of $14 on $100 is equal to 14% per day (impossible). Even if you set out to make a modest 5% per week, which would make you a millionaire in 4 years, you probably will still not be able to achieve it.
Re: Forex Trade Alerts: Season 22 by Dfxmoney(m): 9:36pm On Jan 30, 2022
1000 ways to blow an account
Sus4:
Good evening everyone , i am not too good in trading. Gurus in the house Please I need your advice , someone is encouraging me to buy a robot (trading software) from him , pls is it safe and sustainable? Thanks the prompt response

2 Likes

Re: Forex Trade Alerts: Season 22 by Dfxmoney(m): 9:38pm On Jan 30, 2022
well said
Piptocoin:


Wow. If the person was making money with the EA (robot) would the person want to give it out? You have met a seller, not a trader. If the person says the robot makes money for him or her consistently then you have met a fraudster. Don't buy any robot. Robots (Expert Advisors) will make you lose more money than you make it.

3 Likes

Re: Forex Trade Alerts: Season 22 by Donsheddy: 9:39pm On Jan 30, 2022
Sus4:
Good evening everyone , i am not too good in trading. Gurus in the house Please I need your advice , someone is encouraging me to buy a robot (trading software) from him , pls is it safe and sustainable? Thanks the prompt response

bring that money make we use chop bolle abeg

5 Likes

Re: Forex Trade Alerts: Season 22 by MONEY247: 10:09pm On Jan 30, 2022
As market Neva open bayi.....
Make I go chuk eye for ..... movie jawe...

Wolf of wall street....


Wishing all a blessed trading week.....

2 Likes

Re: Forex Trade Alerts: Season 22 by Nobody: 10:41pm On Jan 30, 2022
TRADING HINT ON US30 FOR MONDAY & TUESDAY

Swing traders: Ignore trading US30 for now: Monday and Tuesday at least.

Reason: Correction taking place, this could result in a ranging market and spikes even

6 Likes

Re: Forex Trade Alerts: Season 22 by CopyJoe: 10:49pm On Jan 30, 2022
Feshizzy:
Let me just make a very very darn revelation,

I once told someone i traded fx like 7 years ago
His reply was "na who don chop dey trade fx"
It didn't make sense until 2 years later that was 5 years ago,

Now let me break this down abit
If you don't have have a stable income or Atleast a decent or average living.
It would be difficult to really make it in fx.

I don't mean you must have a lavish lifestyle already,
I mean, a situation where you are no under pressure of money to eat, money for school, money for rent etc
If you have that issue it would be very hard to really make it in fx,

Looking at statistics on the backgrounds of those that really make it in fx the likes of people who are employed and are able to plan their life around their salaries.

I did a small research back then,
And i found out that a reasonable amount of people that make it in fx are mostly 1. retired people 2. Housewives 3. Gainfully Employed people

You hardly hear a rags to riches story in fx not that it is not happening but e hard.

In summary,
If you still be hand to mouth hustler, spend longer time in perfecting your demo trade,
Keep doing so till you are profitable and open a fresh demo account and trade it for one year,
It would help shape your psychology deeply.

No be say you demo trade for 2 weeks,
You see small money, next thing you wan open small 100 usd small make you use am try hand. Lol
You go fail.

Las las, forex na investment not gambling,
If you intend to stay long, you have to play your cards right.

Please, if you are a newbie, keep this revelation to heart.

It will help you to succeed in the long term.

Selah.

For those that will want to say they know one person that started with $1,

I no follow you argue. There are outliers in any field.

But when you take the overall stats, you go no wetin dey surp.

5 Likes 1 Share

Re: Forex Trade Alerts: Season 22 by CopyJoe: 10:55pm On Jan 30, 2022
In other news, you have to pay the price before you can enjoy the reward.

Our mentality about the FX market is what has led many people to failure.

You have to understand the market and have a edge. A solid edge. Then you can turn whatever amount to thousands or millions over time.

But the knowledge is key.

Psychology, Risk Management, and Strategy.

It takes time. That's what we are not told.

6 Likes 1 Share

Re: Forex Trade Alerts: Season 22 by Nobody: 11:03pm On Jan 30, 2022

15 Likes 1 Share

Re: Forex Trade Alerts: Season 22 by CopyJoe: 11:06pm On Jan 30, 2022
GabsonFX:
I'm getting very crazy with FX, I know......I want to reduce my craziness

118 trades in just 4 days, craze of highest order
cry

Wow! This is crazy.

I have never seen anything like this before.

Crazy.

See lots
Re: Forex Trade Alerts: Season 22 by charly20(m): 11:33pm On Jan 30, 2022
GabsonFX:
I'm getting very crazy with FX, I know......I want to reduce my craziness

118 trades in just 4 days, craze of highest order
cry


I'm only thinking how those lot sizes produced such little rewards or I'm missing something

3 Likes

Re: Forex Trade Alerts: Season 22 by CopyJoe: 11:34pm On Jan 30, 2022
charly20:



I'm only thinking how those lot sizes produced such little rewards or I'm missing something


USOIL

The lotsize calculation is different from that of currency pairs.
Re: Forex Trade Alerts: Season 22 by charly20(m): 11:38pm On Jan 30, 2022
CopyJoe:


USOIL

The lotsize calculation is different from that of currency pairs.


Aha... That one, I thought so. I checked through currency pairs and I couldn't find any results that made sense.

I for say grin
Re: Forex Trade Alerts: Season 22 by Piptocoin: 11:41pm On Jan 30, 2022
Qoyman:




How did you know robot wilt make you lose more money,i guess from the internet.

Does it take a scientist to know that a robot built to execute commands under one or two market conditions will fail in an ever-dynamic market environment?

5 Likes 2 Shares

Re: Forex Trade Alerts: Season 22 by CopyJoe: 11:44pm On Jan 30, 2022
charly20:



Aha... That one, I thought so. I checked through currency pairs and I couldn't find any results that made sense.

I for say grin

That's what I think.

Gabsonfx can help clarify.
Re: Forex Trade Alerts: Season 22 by Dfxmoney(m): 12:00am On Jan 31, 2022
Most traders think trading is fighting against the market.

It actually is fighting against your own emotions 90% of the time.

11 Likes 3 Shares

Re: Forex Trade Alerts: Season 22 by Nobody: 12:25am On Jan 31, 2022
You're right

CopyJoe:


That's what I think.

Gabsonfx can help clarify.
Re: Forex Trade Alerts: Season 22 by Nobody: 12:27am On Jan 31, 2022

2 Likes

Re: Forex Trade Alerts: Season 22 by caporia: 12:54am On Jan 31, 2022
have successfully unlocked the new forexlify BTMM robot updated version 1.03

License key is: 1234567890

Enjoy for both live and demo trading. Download the attached EA for both mt4 and mt5 brokers.

Download at forexlify.com/downloads
Re: Forex Trade Alerts: Season 22 by Kaesyrn(m): 1:11am On Jan 31, 2022
CopyJoe:


USOIL

The lotsize calculation is different from that of currency pairs.

This USOIL is a viable game changer when you understand the moves…

I watched a video of a trader using $200 to make $190,000 in four hours just by trading USOIL…

Link below…


https://www.youtube.com/watch?v=ZF8boT7_K3k

3 Likes 2 Shares

Re: Forex Trade Alerts: Season 22 by Nobody: 2:23am On Jan 31, 2022
GabsonFX:
I'm getting very crazy with FX, I know......I want to reduce my craziness

118 trades in just 4 days, craze of highest order
cry
heavy!!!

1 Like

Re: Forex Trade Alerts: Season 22 by abham: 2:41am On Jan 31, 2022
On the D1 TF, price range is in discount level and we are looking out for a pull back to 50% of the range.

Any buy trade taken now is a counter trend trade, though I have an open buy trade from last week.

Entry: 0.69898, SL: 0.69745, TP: 0.70357 R:R; 1:3.

Let’s see what the market offers, fingers crossed.

abham:
I’m bearish on this pair. Monthly to H4 are bearish and have broken through a psychological swing low/ support.
H1 might give a Retracement and M15 for entry.
I may be wrong, I may be right but it’s best to wait for market to open on Monday since it’s a new month and new week.

2 Likes

Re: Forex Trade Alerts: Season 22 by Nobody: 4:33am On Jan 31, 2022
abham:
On the D1 TF, price range is in discount level and we are looking out for a pull back to 50% of the range.

Any buy trade taken now is a counter trend trade, though I have an open buy trade from last week.

Entry: 0.69898, SL: 0.69745, TP: 0.70357 R:R; 1:3.

Let’s see what the market offers, fingers crossed.

dope bro,goodluck with that, I don’t really trade on Monday’s tho
Re: Forex Trade Alerts: Season 22 by Nobody: 5:14am On Jan 31, 2022

3 Likes

Re: Forex Trade Alerts: Season 22 by Nobody: 5:27am On Jan 31, 2022

5 Likes

Re: Forex Trade Alerts: Season 22 by haryodehjia(m): 6:17am On Jan 31, 2022
DannyFX2638:
Guy whether you like it or not .. this thing cannot work .. channel your energy to something else .. btw how long have you been trading??

How can you say that? See if you see impossibility does not mean others are not seeing possibilities.. I'm only against him having a certain profit($14)..

I knw someone who started with $50 and now it is 400% in growth and he termed it retirement account..

3 Likes

Re: Forex Trade Alerts: Season 22 by abham: 6:51am On Jan 31, 2022
Good morning, trade was open since Friday.

I’ve moved SL to 50% of my target and I’ll be closing it at the end of Asian session.

20 pips secured at the moment.

GreatestManEver:
dope bro,goodluck with that, I don’t really trade on Monday’s tho
Re: Forex Trade Alerts: Season 22 by DannyFX2638: 7:05am On Jan 31, 2022
haryodehjia:


How can you say that? See if you see impossibility does not mean others are not seeing possibilities.. I'm only against him having a certain profit($14)..

I knw someone who started with $50 and now it is 400% in growth and he termed it retirement account..
you just want to feel relevant.. isn't it the same thing we are talking about?? $14 daily ?? Abi u just won quote me ?
Re: Forex Trade Alerts: Season 22 by MONEY247: 8:20am On Jan 31, 2022
Looking to short audusd.....
Good morning....guys

Re: Forex Trade Alerts: Season 22 by MONEY247: 8:28am On Jan 31, 2022
MONEY247:
Looking to short audusd.....
Good morning....guys


Reason for trade..:
Strong resistance spotted..in h1...
I waited for price action...in M15.. spotting a pin bar candle........
My stochastic oscillator... with a modified setting....... crossed at the overbought level....

I knew it's time to sell.....
Re: Forex Trade Alerts: Season 22 by Sus4(m): 9:00am On Jan 31, 2022
Piptocoin:


Wow. If the person was making money with the EA (robot) would the person want to give it out? You have met a seller, not a trader. If the person says the robot makes money for him or her consistently then you have met a fraudster. Don't buy any robot. Robots (Expert Advisors) will make you lose more money than you make it.

Appreciation with a Heart felt gratitude

2 Likes

Re: Forex Trade Alerts: Season 22 by Sus4(m): 9:02am On Jan 31, 2022
Donsheddy:


bring that money make we use chop bolle abeg

God bless you!

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