Prove That You Capital Is Not A Hindrance In Forex - Investment - Nairaland
Nairaland Forum › Nairaland General › Investment › Prove That You Capital Is Not A Hindrance In Forex (822 Views)
| Prove That You Capital Is Not A Hindrance In Forex by Greatdober(op): 11:14am On Aug 12, 2023 |
I've been trading for 4 years and I can comfortably tell you that capital is not your problem in trading and it's not a hindrance, your lack of knowledge and risk management is what needs enhancing. You might think you can't blow up a bigger account but you'd find yourself blowing a 10-20k$ account and more if you don't fix the root of your problem. Below is one of those milestones I set for myself. I love flipping accounts because it builds my patience, makes me be less careless and also helps me avoid overleverage. Whenever I feel like I need to work on myself, I just fund a little amount and build it. Below are my best 2 this last 3 months. 5-100$ in a day 100-1000$ in 3 days
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| Re: Prove That You Capital Is Not A Hindrance In Forex by MS247: 11:16am On Aug 12, 2023 |
Tell us your strategy... Help us too. Eur/USD no too get profit |
| Re: Prove That You Capital Is Not A Hindrance In Forex by portplus: 11:17am On Aug 12, 2023 |
Greatdober:I agree with you bro. I confirmed this fact when I got funded (prop firm) with $10k |
| Re: Prove That You Capital Is Not A Hindrance In Forex by Greatdober(op): 11:33am On Aug 12, 2023 |
Nairaland really needs to be worked on, posting pictures and write-ups have become a hassle |
| Re: Prove That You Capital Is Not A Hindrance In Forex by Fugazy2023: 11:35am On Aug 12, 2023 |
FAKE ❌❌❌❌❌❌❌❌ How can you use such lot size and be getting such losses and gain? Sell 0.23 lot size and profit $0.05, $0.11? Sell 1.40 lot size and loss of $0.05? Shey you dey whine? Na only mumu wey no sabi fx you go deceive with this edited screenshot ![]() |
| Re: Prove That You Capital Is Not A Hindrance In Forex by Greatdober(op): 11:40am On Aug 12, 2023 |
MS247:I just stuck to some price action patterns. Head and shoulder Double top Double bottom Breakout and retest Support and resistance Trendlines Then I add some candlestick confirmation |
| Re: Prove That You Capital Is Not A Hindrance In Forex by Greatdober(op): 11:42am On Aug 12, 2023 |
Fugazy2023:Nigga shut the Bleep up, lot size varies. The lot size on currency and the one of indices doesn't accumulate the same amount. Even in the same indices, the lot sizes still differ based on how volatile the pair is. You either learn or get your ugly ass out of my post |
| Re: Prove That You Capital Is Not A Hindrance In Forex by MS247: 11:43am On Aug 12, 2023 |
Greatdober:Technical analysis... I know few candle sticks for now so sporting trends is not too accurate for me |
| Re: Prove That You Capital Is Not A Hindrance In Forex by Greatdober(op): 11:47am On Aug 12, 2023 |
Been trying to post the other screenshot of 100-1000$ here but nairaland keeps saying no space but the space in my phone can house a whole lot, speaks of how bad this website is getting. Anyways if you're interested in seeing it, it's in one of my former posts. |
| Re: Prove That You Capital Is Not A Hindrance In Forex by Fugazy2023: 11:49am On Aug 12, 2023 |
Greatdober:Oya, I want to learn. I'm waiting |
| Re: Prove That You Capital Is Not A Hindrance In Forex by Greatdober(op): 11:49am On Aug 12, 2023 |
portplus:It can be depressing man. Get up dust yourself. Get a journal, write what made you loose the account. Was it over trading? Lack of risk management? Lack of knowledge? Lack of confidence? Wrong entry? Then start finding solutions |
| Re: Prove That You Capital Is Not A Hindrance In Forex by Greatdober(op): 11:53am On Aug 12, 2023 |
Fugazy2023:Currencies most lotsize starts at. 0.001 and that means using 0.2 you're going more than 100times of the lowest. Most indices like crash and boom starts at 0.2, that means my above post I was using the lowest lot. Some indices like vix 75 starts at 0.001 and is very volatile to the extent that 0.2 on vix 75 can blow a 10k$ account in few mins. But it will take millions of pips for 0.2 lot on crash and boom to blow a 10k$ account. That's it. |
| Re: Prove That You Capital Is Not A Hindrance In Forex by Greatdober(op): 11:54am On Aug 12, 2023 |
MS247:I can show you a thing or 2. Text me |
| Re: Prove That You Capital Is Not A Hindrance In Forex by Fugazy2023: 12:36pm On Aug 12, 2023 |
Greatdober:Cool |
| Re: Prove That You Capital Is Not A Hindrance In Forex by Greatdober(op): 1:29pm On Aug 12, 2023 |
Took almost 2 hrs to put these up.
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| Re: Prove That You Capital Is Not A Hindrance In Forex by wittywriter: 2:26pm On Aug 12, 2023 |
Following Wittyness |
| Re: Prove That You Capital Is Not A Hindrance In Forex by portplus: 3:54pm On Aug 12, 2023 |
Greatdober:I still got the account... I am Trading conservatively no need to rush |
| Re: Prove That You Capital Is Not A Hindrance In Forex by Greatdober(op): 4:22pm On Aug 12, 2023 |
portplus:That's dope bro.. Which firm tho? |
| Re: Prove That You Capital Is Not A Hindrance In Forex by portplus: 9:47pm On Aug 13, 2023 |
Greatdober:Consummate Traders....but I am dumping them soon...(I am a scalper...their new broker does not permit hedging) |
| Re: Prove That You Capital Is Not A Hindrance In Forex by Greatdober(op): 2:10am On Aug 14, 2023 |
portplus:That's an important feature, heard their new broker is really fucking up |
| Re: Prove That You Capital Is Not A Hindrance In Forex by trytillmake(m): 1:34pm On Aug 27, 2023 |
Fugazy2023:U no know u dey say person na fake |
| Re: Prove That You Capital Is Not A Hindrance In Forex by trytillmake(m): 1:38pm On Aug 27, 2023 |
Bro I like as u dey make yr cash small small bits, I think I should learn from this, meanwhile I use price action is the way to trade. |
| Re: Prove That You Capital Is Not A Hindrance In Forex by Greatdober(op): 2:01pm On Aug 27, 2023*. Modified: 2:31pm On Aug 27, 2023 |
trytillmake:0*7*0*3*6*2*9*0*2*5*7 Hit me up, we can make something out of nothing |
| Re: Prove That You Capital Is Not A Hindrance In Forex by Roseodd: 6:09pm On Aug 27, 2023 |
Fugazy2023:No mind the idiot scammer!! |
| Re: Prove That You Capital Is Not A Hindrance In Forex by Greatdober(op): 6:12pm On Aug 27, 2023 |
Roseodd:If you are an educated person which you just proved you are not, you should know the difference between synthetic indices and currencies and you should also know that they don't share the same lot size and volatility. I guess you might have scammed so much to think everyone else is a scammer. Get a life and read before you comment. I hope everything gets better at home. Stay safe |
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