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Forex Trade Alerts: Season 23 - Business (429) - Nairaland

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Re: Forex Trade Alerts: Season 23 by kozmicity: 7:40am On Jul 12, 2023
PraiseGod4u:


Explain further pls

I really don't know how to explain it, aside from the fact that you shouldn't take every trade.

Your strategy only works with the best of your trade setup to give you that risk to reward ratio, if you trade sub par setups because you believe you have a 40-60 win/loss rate... That number automatically dips over time.

It happened to me lots of times, it's a wonder I'm only figuring it out this year.
Re: Forex Trade Alerts: Season 23 by pristinee: 7:59am On Jul 12, 2023
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5 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by PraiseGod4u(m): 8:09am On Jul 12, 2023
kozmicity:


I really don't know how to explain it, aside from the fact that you shouldn't take every trade.

Your strategy only works with the best of your trade setup to give you that risk to reward ratio, if you trade sub par setups because you believe you have a 40-60 win/loss rate... That number automatically dips over time.

It happened to me lots of times, it's a wonder I'm only figuring it out this year.

Every setup has an unlikely outcome.

Thats why there's discipline to know what exactly fits your plan.
If it fits then take it. There's nothing like high probability trade.
My 2cents.


I take every trade my strategy presents cos i know the long run is in my favour

2 Likes

Re: Forex Trade Alerts: Season 23 by kozmicity: 8:18am On Jul 12, 2023
PraiseGod4u:


Every setup has an unlikely outcome.

Thats why there's discipline to know what exactly fits your plan.
If it fits then take it. There's nothing like high probability trade.
My 2cents.


I take every trade my strategy presents cos i know the long run is in my favour

If it favours you, thy will be done. It didn't work for me that's why I let it be known, in case someone was going through the same thing.

And there is such a thing as high probability trade.

1 Like

Re: Forex Trade Alerts: Season 23 by AK284(m): 8:22am On Jul 12, 2023
meshpips:


I am interested in this.
A good opportunity for naysayers to see me walk the talk.

Why didn't you join the competition, perhaps you can be in the top 100 and win a bigger acct.

1 Like

Re: Forex Trade Alerts: Season 23 by rhynoemmie(m): 8:25am On Jul 12, 2023
dmahn:


Nice one.. I have my second buy limit order slightly below yours and my Sl slightly below the last low.. I hope it doesn't get cleared... I ll be holding till 1.36000

I see you're aiming for the order block then..

Well, my sl is adjusted to make room for it incase it happens tho but I'm be looking for ways to add on to the trade if it moves in my favor cos is going to be a very loong ride
Re: Forex Trade Alerts: Season 23 by PraiseGod4u(m): 8:26am On Jul 12, 2023
kozmicity:


If it favours you, thy will be done. It didn't work for me that's why I let it be known, in case someone was going through the same thing.

And there is such a thing as high probability trade.

Then i can boldly say u were not following your plan.
Or your strategy has a low winrate
Re: Forex Trade Alerts: Season 23 by Kaybee7000(m): 8:37am On Jul 12, 2023
Guyz today is Wednesday na,can u hold on till pls?

Make we no mix CPI join this drama that am smelling ?
Re: Forex Trade Alerts: Season 23 by infofirst(m): 8:39am On Jul 12, 2023
meshpips:


I am interested in this.
A good opportunity for naysayers to see me walk the talk.

Good day boss mi.
You have two great accts to show us the walk the talk....
The two funded accts you have showed us.. No competition data to access you.

10 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by Kaybee7000(m): 8:42am On Jul 12, 2023
infofirst:


Good day boss mi.
You have two great accts to show us the walk the talk....
The two funded accts you have showed us.. No competition data to access you.



SIGH😒
Re: Forex Trade Alerts: Season 23 by infofirst(m): 8:49am On Jul 12, 2023
PraiseGod4u:


I'm not choosing the person

Its for infofirst to decide

Thank you one more time for the opportunity.
May God bless all our efforts. After reviewing posts and data I am able to access for all five including @meshpips. I can confidently say guys are really making efforts. And we should not relent, it will eventually pay off.
Four of the applicants are capable but because it's only one slot and as @dottozil mentioned, @officialP just won acct from me as part of those that hit 10%.

So I will nominate @dottozil for the acct. But you both should be mindful of the prop firm rule with another person trading ur acct. I will be in ur dm to give ways I think can help out.

2 Likes

Re: Forex Trade Alerts: Season 23 by karkinase(m): 8:55am On Jul 12, 2023
GBPUSD should see an High of 1.3 and GOld 1947-1951 @ CPI.
Re: Forex Trade Alerts: Season 23 by infofirst(m): 8:55am On Jul 12, 2023
infofirst:
What are we looking at this coming week?
I am looking at a bearish USD. So looking at a good level to buy Gbpusd... Preferably 1.281* - 279** & 1.276**..

1.30*** or 1.299** might come in this week.

infofirst:


If we close like this, it's good to go

1.296** nd now that 1.2934 is retested, I will b observing if 299** can happen. With CPi around, fingers crossed. If we see 1299*/30**, I might hit the sell.

1 Like

Re: Forex Trade Alerts: Season 23 by Peejayz: 8:56am On Jul 12, 2023
Peejayz:
Abeg, can someone please send me 500mb, I have open trade for the competition (although i set stoploss and TP ) but I cant check due to no data(using freebasics for nairaland)...... Things are quite tough at school...... Thanks for your concern....


We are all thriving to make something out of this competition..... At the moment, I'm on 11% profit on fundednext competition




0913.409.6023 mtn


please anyone
Re: Forex Trade Alerts: Season 23 by infofirst(m): 8:57am On Jul 12, 2023
karkinase:
GBPUSD should an High of 1.3 and GOld 1947-1951 @ CPI.

If not for CPi.. Mayb the bull might just b tired. Bears are creeping in but when cpi is are, na to eat popcorn nd see as events unfold first
Re: Forex Trade Alerts: Season 23 by PraiseGod4u(m): 9:00am On Jul 12, 2023
infofirst:


Thank you one more time for the opportunity.
May God bless all our efforts. After reviewing posts and data I am able to access for all five including @meshpips. I can confidently say guys are really making efforts. And we should not relent, it will eventually pay off.
Four of the applicants are capable but because it's only one slot and as @dottozil mentioned, @officialP just won acct from me as part of those that hit 10%.

So I will nominate @dottozil for the acct. But you both should be mindful of the prop firm rule with another person trading ur acct. I will be in ur dm to give ways I think can help out.

Alright thanks boss

Congrats dottozil

Awaiting your dm.
Re: Forex Trade Alerts: Season 23 by charly20(m): 9:00am On Jul 12, 2023
PraiseGod4u:


Then i can boldly say u were not following your plan.
Or your strategy has a low winrate

I understand his point, though.

He says winrate is dependent on your strategy not on random trades. Therefore, if your strategy boasts of a 20% winrate and you go ahead to take just any trade whether or not it is subject to your strategy, it affects the outcomes significantly either positively or negatively.

And yes, there is a high probability trade.

1 Like 1 Share

Re: Forex Trade Alerts: Season 23 by Skanas(m): 9:07am On Jul 12, 2023
meshpips:


I am interested in this.
A good opportunity for naysayers to see me walk the talk.

With your years of trading/claims of profitability using your VAP system ,am very sure you can afford a prop account. Pls sit this one out let guys that seem to have found their foot but lack funds, take the wheel...

Meanwhile this game na lone game, the only person that needs to see you walk the talk is you and you alone...

5 Likes

Re: Forex Trade Alerts: Season 23 by karkinase(m): 9:08am On Jul 12, 2023
infofirst:




1.296** nd now that 1.2934 is retested, I will b observing if 299** can happen. With CPi around, fingers crossed. If we see 1299*/30**, I might hit the sell.
Boss that 1.29- 1.30 region ehn sellers will feast good
Re: Forex Trade Alerts: Season 23 by karkinase(m): 9:09am On Jul 12, 2023
infofirst:


If not for CPi.. Mayb the bull might just b tired. Bears are creeping in but when cpi is are, na to eat popcorn nd see as events unfold first
Market makers will push the pair to sell..
Re: Forex Trade Alerts: Season 23 by dottozil: 9:10am On Jul 12, 2023
infofirst:


Thank you one more time for the opportunity.
May God bless all our efforts. After reviewing posts and data I am able to access for all five including @meshpips. I can confidently say guys are really making efforts. And we should not relent, it will eventually pay off.
Four of the applicants are capable but because it's only one slot and as @dottozil mentioned, @officialP just won acct from me as part of those that hit 10%.

So I will nominate @dottozil for the acct. But you both should be mindful of the prop firm rule with another person trading ur acct. I will be in ur dm to give ways I think can help out.

Woow, just woow, and who says GOD isn't working, when I saw the post from @praisegod something just said I should try and give this a trial, I was never hoping to get nominated not to talk of getting picked when i know for a fact that there are better traders with vast experience than i am. I joined this beautiful family not long and in those periods I have significantly improve and still improving, I am currently up 3% in the TFT competition I was never expecting this coupled with being nominated by @info mehn..., if I can do this you can , yes you can let's just put in the effort, you will be amazed like I m now, and i am not saying I am a professional yet , infact the work has just begun, but you know that feeling when you've put in so much effort but not seeing results and you start to believe you are not gonna make it in the game then suddenly it all changes grin, I want to thank @info for the trust and courage to even nominate me cos I know alot will be running through his mind when he nominated me, also my thanks to the house I have learned alot from you all, picked or not, one love.

8 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by infofirst(m): 9:10am On Jul 12, 2023
karkinase:

Boss that 1.29- 1.30 region ehn sellers will feast good
Very high probability
Re: Forex Trade Alerts: Season 23 by dmahn(m): 9:12am On Jul 12, 2023
rhynoemmie:


I see you're aiming for the order block then..

Well, my sl is adjusted to make room for it incase it happens tho but I'm be looking for ways to add on to the trade if it moves in my favor cos is going to be a very loong ride

A very very long ride if it does work out.. Yeah!!
Re: Forex Trade Alerts: Season 23 by infofirst(m): 9:13am On Jul 12, 2023
dottozil:


Woow, just woow, and who says GOD is working, when I saw the post from @praisegod something just said I should try and give this a trial, I was never hoping to get nominated not to talk of getting picked when i know for a fact that there are better traders with vast experience than i am. I joined this beautiful family not long and in those periods I have significantly improve and still improving, I am currently up 3% in the TFT competition I was never expecting this coupled with being nominated by @info mehn..., if I can do this you can , yes you can let's just put in the effort, you will be amazed like I m now, and i am not saying I am a professional yet , infact the work has just begun, but you know that feeling when you've put in so much effort but not seeing results and you start to believe you are not gonna make it in the game then suddenly it all changes grin, I want to thank @info for the trust and courage to even nominate me cos I know alot will be running through his mind when he nominated me, also my thanks to the house I have learned alot from you all, picked or not, one love.

Congratulations. Never give up. Keep pushing. No pressure. Even if the acct hit the rock, as long as you trade it responsibly and do all needful, you are still fine.
We are all work in progress and no reasonable lessons can be learnt in this fx tin if you no lose or burn accounts.
I have learnt more when I lose than when I win.

6 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by dottozil: 9:13am On Jul 12, 2023
PraiseGod4u:


Alright thanks boss

Congrats dottozil

Awaiting your dm.


Thanks so much boss, will send u a mail
Re: Forex Trade Alerts: Season 23 by PraiseGod4u(m): 9:14am On Jul 12, 2023
charly20:


I understand his point, though.

He says winrate is dependent on your strategy not on random trades. Therefore, if your strategy boasts of a 20% winrate and you go ahead to take just any trade whether or not it is subject to your strategy, it affects the outcomes significantly either positively or negatively.

And yes, there is a high probability trade.

Thats why i said he's not following his plan nau.


High probability? What criterion makes a high and low probability trade?
Re: Forex Trade Alerts: Season 23 by dmahn(m): 9:15am On Jul 12, 2023
dottozil:


Woow, just woow, and who says GOD is working, when I saw the post from @praisegod something just said I should try and give this a trial, I was never hoping to get nominated not to talk of getting picked when i know for a fact that there are better traders with vast experience than i am. I joined this beautiful family not long and in those periods I have significantly improve and still improving, I am currently up 3% in the TFT competition I was never expecting this coupled with being nominated by @info mehn..., if I can do this you can , yes you can let's just put in the effort, you will be amazed like I m now, and i am not saying I am a professional yet , infact the work has just begun, but you know that feeling when you've put in so much effort but not seeing results and you start to believe you are not gonna make it in the game then suddenly it all changes grin, I want to thank @info for the trust and courage to even nominate me cos I know alot will be running through his mind when he nominated me, also my thanks to the house I have learned alot from you all, picked or not, one love.

Congratulations bro. You ll not fail... Thanks @infofirst.

1 Like

Re: Forex Trade Alerts: Season 23 by OfficialP: 9:44am On Jul 12, 2023
dottozil:


Woow, just woow, and who says GOD isn't working, when I saw the post from @praisegod something just said I should try and give this a trial, I was never hoping to get nominated not to talk of getting picked when i know for a fact that there are better traders with vast experience than i am. I joined this beautiful family not long and in those periods I have significantly improve and still improving, I am currently up 3% in the TFT competition I was never expecting this coupled with being nominated by @info mehn..., if I can do this you can , yes you can let's just put in the effort, you will be amazed like I m now, and i am not saying I am a professional yet , infact the work has just begun, but you know that feeling when you've put in so much effort but not seeing results and you start to believe you are not gonna make it in the game then suddenly it all changes grin, I want to thank @info for the trust and courage to even nominate me cos I know alot will be running through his mind when he nominated me, also my thanks to the house I have learned alot from you all, picked or not, one love.

Congrats boss. Am confident you will excel

1 Like

Re: Forex Trade Alerts: Season 23 by BinaryRocks: 9:56am On Jul 12, 2023
AK284:


Why didn't you join the competition, perhaps you can be in the top 100 and win a bigger acct.
True talk
Re: Forex Trade Alerts: Season 23 by dottozil: 10:00am On Jul 12, 2023
infofirst:


Congratulations. Never give up. Keep pushing. No pressure. Even if the acct hit the rock, as long as you trade it responsibly and do all needful, you are still fine.
We are all work in progress and no reasonable lessons can be learnt in this fx tin if you no lose or burn accounts.
I have learnt more when I lose than when I win.

Thanks boss, will beep you as regards ways around the rules
Re: Forex Trade Alerts: Season 23 by dottozil: 10:01am On Jul 12, 2023
OfficialP:


Congrats boss. Am confident you will excel

You too much
Re: Forex Trade Alerts: Season 23 by INCREDIBLEGUY: 10:02am On Jul 12, 2023
Small but consistent.

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