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Forex Trade Alerts: Season 23 - Business (210) - Nairaland

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Re: Forex Trade Alerts: Season 23 by infofirst(m): 11:24am On May 07, 2023
Beginners, please do not envy any gains you see posted here or anywhere else. There are more pains nd losing trades most of them do not post. They don't post it because man no wan see the pains. We only wanted nd cherish good looking tins.

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Re: Forex Trade Alerts: Season 23 by infofirst(m): 11:26am On May 07, 2023
Prop firms came with better package than the regular brokers. Brokers are no different too. They know most of us will blast our accts, so dey kukuma no connect us to STP. They trade against our trades since they know for sure, 90% of us will end in premium losses, And that will b 90 % premium gains for them. grin grin grin grin grin grin

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Re: Forex Trade Alerts: Season 23 by infofirst(m): 11:29am On May 07, 2023
$100 is too small to trade for my personal acct... Mumu trader deceiving himself. Give him $10 million personal acct. He will still experience margin call. It is how everything has been design by nature for this planet called Earth. The followers will always b less than 20%.The successful ones will b less than 20%
Those that will understand all my ranting today will b less than 20%.There is nothing any body can do about it.

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Re: Forex Trade Alerts: Season 23 by charly20(m): 11:34am On May 07, 2023
infofirst:
The different stats by the prop firm esp the one released by mff in March for Feb, it clearly showed that your chances of success when you trade highly volatile pairs is so close to zero. The likes of us30 & her family. EU was the most profitable. Most of those that traded Gj usually give back their wins by the time they place their 5th gj trade.
Great pointer shey, trade less volatile pairs MBA, we no even stop their na synthetic wey dey move like light dey even enter our eyes. We should kontinue nah.

Even if prop firms give us DD of 50%, majority will still crash it. Man nd money nd emotions... E pass my understanding abeg. I have been guilty of all of these too nd still guilty of some of them. I am just putting it out for upcoming, perhaps, it might hell them b that better trader nd not make the same mistakes.


It is like I've always stated, I'm trying to make a career of this stuff. There will be mistakes, there will be lessons. The bulk of the work is in acknowledging when there's a compromise and to resolve to not repeat such for a second time, talk more of a third time.

It's not easy work, I swear. You have to operate on a very rational level, the kind seen in robots. But it is almost impossible as we are inherently emotional beings and emotions as I know them are chaotic.

The thought of losing money especially if you have a limited sum does a number on the mind of many traders. Traders who are already rich see the PnL as just numbers. Traders who are yet to reach that pinnacle of financial strength see even -$1 as the end of their account.

Who wants to grow knows what to do to grow.

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Re: Forex Trade Alerts: Season 23 by infofirst(m): 11:38am On May 07, 2023
charly20:



It is like I've always stated, I'm trying to make a career of this stuff. There will be mistakes, there will be lessons. The bulk of the work is in acknowledging when there's a compromise and to resolve to not repeat such for a second time, talk more of a third time.

It's not easy work, I swear. You have to operate on a very rational level, the kind seen in robots. But it is almost impossible as we are inherently emotional beings and emotions as I know them are chaotic.

The thought of losing money especially if you have a limited sum does a number on the mind of many traders. Traders who are already rich see the PnL as just numbers. Traders who are yet to reach that pinnacle of financial strength see even -$1 as the end of their account.

Who wants to grow knows what to do to grow.

Yes o. The emotions no b for here. I dey laugh my good boss here. When in 0.3% loss on a $10k like this, na night mare.
I have to reduce my challenge acct to $100k from $200k before I was able to pass nd get funded. Obvious my emotions never ready for a $200 k acct. The ting no easy. Most that are failing challenge now think it's easy like thst.. Oh once I get funded bla bla... Infact, na funded acct easy to blast pass.

3 Likes

Re: Forex Trade Alerts: Season 23 by charly20(m): 11:40am On May 07, 2023
infofirst:


Yes o. The emotions no b for here. I dey laugh my good boss here. When in 0.3% loss on a $10k like this, na night mare.
I have to reduce my challenge acct to $100k from $200k before I was able to pass nd get funded. Obvious my emotions never ready for a $200 k acct. The ting no easy. Most that are failing challenge now think it's easy like thst.. Oh once I get funded bla bla... Infact, na funded acct easy to blast pass.


Team go hard or go home πŸ˜‚πŸ˜‚πŸ˜‚

1 Like

Re: Forex Trade Alerts: Season 23 by Emmizay12(m): 11:52am On May 07, 2023
charly20:



It is like I've always stated, I'm trying to make a career of this stuff. There will be mistakes, there will be lessons. The bulk of the work is in acknowledging when there's a compromise and to resolve to not repeat such for a second time, talk more of a third time.

It's not easy work, I swear. You have to operate on a very rational level, the kind seen in robots. But it is almost impossible as we are inherently emotional beings and emotions as I know them are chaotic.

The thought of losing money especially if you have a limited sum does a number on the mind of many traders. Traders who are already rich see the PnL as just numbers. Traders who are yet to reach that pinnacle of financial strength see even -$1 as the end of their account.

Who wants to grow knows what to do to grow.

no matter what, someone out there is making millions in naira from Forex everyday or every week

forget about stats, focus on yourself,,,,,,,,,, don't think about people,,,, see forget your determination is different from other people

some people come here everyday to post, they have no intention of becoming profitable, even if they say it, they don't put in the work.....

don't be looking at the failures, look at the winners and follow them

all the screenshots of my winners and losses since 2 years back, I'm currently using it to find the reason why I win and the market conditions where I win the most,,, and I'm also looking at my losses to see the market conditions where I loss the most............this is to enable me identify where I'm most likely to loss and avoid trading such conditions

my losses is a very important data,,,, when I was losing then it wasn't funny at all,,, now it is important to me

how many traders do you know have done what I have done above brother forget, the journey na one man journey
Re: Forex Trade Alerts: Season 23 by VeeVeeMyLuv(m): 11:52am On May 07, 2023
infofirst:
The different stats by the prop firm esp the one released by mff in March for Feb, it clearly showed that your chances of success when you trade highly volatile pairs is so close to zero. The likes of us30 & her family. EU was the most profitable. Most of those that traded Gj usually give back their wins by the time they place their 5th gj trade.
Great pointer shey, trade less volatile pairs MBA, we no even stop their na synthetic wey dey move like light dey even enter our eyes. We should kontinue nah.

Even if prop firms give us DD of 50%, majority will still crash it. Man nd money nd emotions... E pass my understanding abeg. I have been guilty of all of these too nd still guilty of some of them. I am just putting it out for upcoming, perhaps, it might hell them b that better trader nd not make the same mistakes.
you are correct Boss
Some of the synthetic use to literally jump grinπŸ€£πŸ˜‚instead of moving!

1 Like

Re: Forex Trade Alerts: Season 23 by infofirst(m): 11:55am On May 07, 2023
Emmizay12:


no matter what, someone out there is making millions in naira from Forex everyday or every week

forget about stats, focus on yourself,,,,,,,,,, don't think about people,,,, see forget your determination is different from other people

some people come here everyday to post, they have no intention of becoming profitable, even if they say it, they don't put in the work.....

don't be looking at the failures, look at the winners and follow them

all the screenshots of my winners and losses since 2 years back, I'm currently using it to find the reason why I win and the market conditions where I win the most,,, and I'm also looking at my losses to see the market conditions where I loss the most............this is to enable me identify where I'm most likely to loss and avoid trading such conditions

my losses is a very important data,,,, when I was losing then it wasn't funny at all,,, not it is important to me

how many traders do you know have done what I have done above brother forget


grin grin grin grin grin You are not getting it as intended. The profitable ones have been acknowledged. Yes, there are profitable traders. Many of them. Raking in lots of six figures week in week out
Re: Forex Trade Alerts: Season 23 by Elliotwaveforec: 12:04pm On May 07, 2023
Silver wave analysis for swing traders only.

TF: 4 hours
Currently on the fifth wave after the fourth wave bottomed at 2449.

Long 2565 SL 2447 TP 2820.

2 Likes

Re: Forex Trade Alerts: Season 23 by Elliotwaveforec: 12:12pm On May 07, 2023
Elliotwaveforec:
Gold looks bullish @ 1988, SL 1969, TP 2052.
I chickened out of this call with just 200 pips; confidence and patience needed for swing-trading
Re: Forex Trade Alerts: Season 23 by Peterfx01(m): 12:26pm On May 07, 2023
I see why habby trades kwakol synthetics most of the times, it respects chart patterns and trendline strategies, if you understand the right way to use trendlines and also common chart patterns try kwakol synthetics there's some good opportunities there for you

Re: Forex Trade Alerts: Season 23 by Donsheddy: 12:31pm On May 07, 2023
charly20:



It is like I've always stated, I'm trying to make a career of this stuff. There will be mistakes, there will be lessons. The bulk of the work is in acknowledging when there's a compromise and to resolve to not repeat such for a second time, talk more of a third time.

It's not easy work, I swear. You have to operate on a very rational level, the kind seen in robots. But it is almost impossible as we are inherently emotional beings and emotions as I know them are chaotic.

The thought of losing money especially if you have a limited sum does a number on the mind of many traders. Traders who are already rich see the PnL as just numbers. Traders who are yet to reach that pinnacle of financial strength see even -$1 as the end of their account.

Who wants to grow knows what to do to grow.


The same shoe naim me and you dey like this....
When I see all those online influencers and people hosting trainings claiming to be heaven and earth i just laugh....
This battle is more than strategy but na emotional and psychology battle....
I was telling one of bosses here....
I dey profitable on my journal and demo account this week but my challenge dey bleed......
I know how many times ive fumbled when i get closer to the finish line.....
The thought and idea that I will soon get this done...
Some nights i no fit sleep i go dey imagine how my life wan change...
Once i enter market the Next day the pressure and all na dddddd....

Anybody wey say you dey profitable after learning fx in 6 months isnt saying the truth...
You can only be profitable in a short while...

Fx no easy...
Just like every other aspect of life...
You must be in the time, dedication and ever ready to learn to succeed....

Imagine the time and sleepless nights it takes to become a doctor....
Put in same effort and time in fx ....

12 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by Peterfx01(m): 12:37pm On May 07, 2023
Donsheddy:



The same shoe naim me and you dey like this....
When I see all those online influencers and people hosting trainings claiming to be heaven and earth i just laugh....
This battle is more than strategy but na emotional and psychology battle....
I was telling one of bosses here....
I dey profitable on my journal and demo account this week but my challenge dey bleed......
I know how many times ive fumbled when i get closer to the finish line.....
The thought and idea that I will soon get this done...
Some nights i no fit sleep i go dey imagine how my life wan change...
Once i enter market the Next day the pressure and all na dddddd....

Anybody wey say you dey profitable after learning fx in 6 months isnt saying the truth...
You can only be profitable in a short while...

Fx no easy...
Just like every other aspect of life...
You must be in the time, dedication and ever ready to learn to succeed....

Imagine the time and sleepless nights it takes to become a doctor....
Put in same effort and time in fx ....
well said brother, it takes a lot of dedication and passion for the game to succeed, but in the end we all will succeed if only we keep striving no matter how long it takes

1 Like

Re: Forex Trade Alerts: Season 23 by charly20(m): 12:50pm On May 07, 2023
Oya sermon don finish. Make una drop analysis make we see.

I have nothing yet for oil nor GU. I just siddon dey look.
Re: Forex Trade Alerts: Season 23 by dmahn(m): 1:23pm On May 07, 2023
charly20:
Oya sermon don finish. Make una drop analysis make we see.

I have nothing yet for oil nor GU. I just siddon dey look.

Spotbrent(brent crude) Conservatively buy limit @ 73500. Aggressively should incase of no retest, I will instant buy at market price with a very tiny lots size, when price get to the limit order I tripple my lot size. Tp 1 is 78.000 and open
Re: Forex Trade Alerts: Season 23 by HumbleTrader: 2:00pm On May 07, 2023
I fell bad for all the traders that are not yet profitable, I hope you break through.

3 Likes

Re: Forex Trade Alerts: Season 23 by charly20(m): 2:02pm On May 07, 2023
dmahn:


Spotbrent(brent crude) Conservatively buy limit @ 73500. Aggressively should incase of no retest, I will instant buy at market price with a very tiny lots size, when price get to the limit order I tripple my lot size. Tp 1 is 78.000 and open


Well, my entry requirements have not been met. Let's see what happens during the week.
Re: Forex Trade Alerts: Season 23 by infofirst(m): 2:07pm On May 07, 2023
dmahn:


Spotbrent(brent crude) Conservatively buy limit @ 73500. Aggressively should incase of no retest, I will instant buy at market price with a very tiny lots size, when price get to the limit order I tripple my lot size. Tp 1 is 78.000 and open

The Sl is so huge but buy is a better trade. little pullback and buy.
Re: Forex Trade Alerts: Season 23 by Succhris: 2:11pm On May 07, 2023
infofirst:


Yes o. The emotions no b for here. I dey laugh my good boss here. When in 0.3% loss on a $10k like this, na night mare.
I have to reduce my challenge acct to $100k from $200k before I was able to pass nd get funded. Obvious my emotions never ready for a $200 k acct. The ting no easy. Most that are failing challenge now think it's easy like thst.. Oh once I get funded bla bla... Infact, na funded acct easy to blast pass.

Apt πŸ’―
Re: Forex Trade Alerts: Season 23 by dmahn(m): 2:13pm On May 07, 2023
infofirst:


The Sl is so huge but buy is a better trade. little pullback and buy.

Thanks boss.. I'm only agressive with my demo account πŸ˜‚, na there I dey form boss. God knows I won't buy until 73500 with my live account.
Re: Forex Trade Alerts: Season 23 by Tradinggiant: 2:25pm On May 07, 2023
dmahn:


Thanks boss.. I'm only agressive with my demo account πŸ˜‚, na there I dey form boss. God knows I won't buy until 73500 with my live account.
this is where you make mistakes..
Why not keep the same decipline? Na you go first shout psychology tomorrow.. U no no say all na psychology training?

3 Likes

Re: Forex Trade Alerts: Season 23 by karkinase(m): 2:30pm On May 07, 2023
make nobody whine you ooo.. Forex no easy ..it will test all your senses from patience , to greed, to confidence and discipline. Na for live market you go know Wetin sup .. you no go fit sleep well sef . One slight psychological mistake you done for.

4 Likes

Re: Forex Trade Alerts: Season 23 by dmahn(m): 2:31pm On May 07, 2023
Tradinggiant:
this is where you make mistakes..
Why not keep the same decipline? Na you go first shout psychology tomorrow.. U no no say all na psychology training?

🀣🀣🀣. Na village people. I go soon overcome them. Thanks boss

1 Like

Re: Forex Trade Alerts: Season 23 by charly20(m): 2:35pm On May 07, 2023
infofirst:


The Sl is so huge but buy is a better trade. little pullback and buy.

Matter of observation, I see a short setup inside where I've been aiming for price to prepare a buy setup still.

Low probability trades, both buy and sell.

Cc. dmahn
Re: Forex Trade Alerts: Season 23 by dmahn(m): 3:01pm On May 07, 2023
charly20:


Matter of observation, I see a short setup inside where I've been aiming for price to prepare a buy setup still.

Low probability trades, both buy and sell.

Cc. dmahn

Yes boss. I see that too.. That's why an instant buy isn't advisable. The 50ema has acted as a resistant twice and it may push the price back. But I don't expect it to push price to a new lower low. I will gladly take the loss if that happens

Re: Forex Trade Alerts: Season 23 by infofirst(m): 3:08pm On May 07, 2023
dmahn:


Yes boss. I see that too.. That's why an instant buy isn't advisable. The 50ema has acted as a resistant twice and it may push the price back. But I don't expect it to push price to a new lower low. I will gladly take the loss if that happens

With the weekly candle and daily close , Maybe a retest of last low will be the best push down, I don't see a lower low too except if Mr market does see it sha and Mr market has the final say
Re: Forex Trade Alerts: Season 23 by dmahn(m): 3:13pm On May 07, 2023
infofirst:


With the weekly candle and daily close , Maybe a retest of last low will be the best push down, I don't see a lower low too except if Mr market does see it sha and Mr market has the final say

Exactly boss. Mr market is always right πŸ˜…
Re: Forex Trade Alerts: Season 23 by meshpips(m): 4:16pm On May 07, 2023
dmahn:


Yes boss. I see that too.. That's why an instant buy isn't advisable. The 50ema has acted as a resistant twice and it may push the price back. But I don't expect it to push price to a new lower low. I will gladly take the loss if that happens

that looks very much like a buy until circa 78.00
Re: Forex Trade Alerts: Season 23 by VeeVeeMyLuv(m): 4:59pm On May 07, 2023
infofirst:


With the weekly candle and daily close , Maybe a retest of last low will be the best push down, I don't see a lower low too except if Mr market does see it sha and Mr market has the final say
And some people will be staring at 1m candle every minute 24/7! while won't they develop migraine grin grin and experience margin call after margin calls, drawdowns upon drawdowns
Re: Forex Trade Alerts: Season 23 by infofirst(m): 5:16pm On May 07, 2023
VeeVeeMyLuv:

And some people will be staring at 1m candle every minute 24/7! while won't they develop migraine grin grin and experience margin call after margin calls, drawdowns upon drawdowns

Person Eyes trying to look where person money is grin grin grin grin

1 Like

Re: Forex Trade Alerts: Season 23 by Krismas(m): 5:57pm On May 07, 2023
Elliotwaveforec:
Silver wave analysis for swing traders only.

TF: 4 hours
Currently on the fifth wave after the fourth wave bottomed at 2449.

Long 2565 SL 2447 TP 2820.
grin grin I love ur moniker Elliotwave! But I need a Gann guru grin

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