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Forex Trade Alerts: Season 23 - Business (576) - Nairaland

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Re: Forex Trade Alerts: Season 23 by Niceguy24: 8:40pm On Aug 20, 2023
Proudpolygamist:


Guy Calm Down!
Bro i dey calm... Na just this competition wahala.

I no know how i fit make 20% in a month using 0.5% per trade especially this late. I am at -1% drawdown currently.

If i get propfirm, i go back to my risk management plan of 0.5% per trade.
Re: Forex Trade Alerts: Season 23 by dottozil: 8:50pm On Aug 20, 2023
Niceguy24:
Bro i dey calm... Na just this competition wahala.

I no know how i fit make 20% in a month using 0.5% per trade especially this late. I am at -1% drawdown currently.

If i get propfirm, i go back to my risk management plan of 0.5% per trade.

To hit that 20% with a good risk management will be difficult na risk person gas take but once you pass it should be a different ball game
Re: Forex Trade Alerts: Season 23 by Petah(m): 8:50pm On Aug 20, 2023
PIPSMARSHALL:


Do you know how it feels when u spray money mint in a party? That's a profitable feeling because no dullinh. Try am, you will know there is nothing in the psycology its just you and ur insecurities.

If u use to the higher timeframes and do support and resistance u will get there. That's the zone. There is no room for failure, only success because we don't only know but act on what we know.
Yeah,
I am learning to keep to my rules even if I see opportunity outside my plan I don't take it. I just look at it, anticipate and watch it play out. That's what I did on gold on Friday, since it trended on Thursday, and there is no news on Friday, I anticipated a range. And that what Happened. I could have still taken trade but I stayed away. RULES.
WORKING ON STICKING TO RR 1:2 TO 1:3 MAX

1 Like

Re: Forex Trade Alerts: Season 23 by Petah(m): 8:58pm On Aug 20, 2023
Donsheddy:
[b]So last week was tough.
..
My winning got into my brain and i went against all my trading rules... .
I ventured into over trading....
Greed got a better part of me ...
Impatience became my second name...
Thank God for risk management else i for don lose all my account...

6k dropped to 2.7%
10k dropped to 1.6%
And i lost 1.3% on 200k .....

Well my brain don factory reset....
Lesson learnt....
I didn't factor in weeks that i won't be able to get my desired target that was the reason why i couldn't handle the losing streak properly when it came....
Well i don record the loss as say i don withdraw my last month profit and i dey hit the market afresh....
Will update my new trading plan.....

So i just noticed that the number of times hit my tp which is 93 pips normally....
Its rare....
Most times just once a week sometimes none...
And I noticed my pair averages 50 pips once it crosses a key level...
That means i will now reduce my Rrr to 1:2...

Secondly any week i start out with my sl picked....
My target for the rest of would be to recover the loss and nothing more....

And if i hit two losing streak for a week....
I stop trading for that week.....
I wan force this discipline by force...
So I'm giving myself 12 months time limit to get to live account....
No rushing....
My risk remain the same...
Weekly target will now be 100 pips....
[/b]
Let me join you on this.
Weekly target for me is 50 pips for a start. Trading EU. Thanks for your update.
Re: Forex Trade Alerts: Season 23 by Niceguy24: 9:05pm On Aug 20, 2023
dottozil:


To hit that 20% with a good risk management will be difficult na risk person gas take but once you pass it should be a different ball game
It will be a different ball game o.

And i don't think the 20% tft bonus even applies next month.

Omoh.
Re: Forex Trade Alerts: Season 23 by Jameselias: 9:10pm On Aug 20, 2023
The 3 levels of patience:

- Waiting for a trade > Don’t act on FOMO
- Patience while in a trade > Don’t close too early
- Patience when growing your account > Don’t push your risk management



Copied @tradeciety

7 Likes 2 Shares

Re: Forex Trade Alerts: Season 23 by Petah(m): 9:12pm On Aug 20, 2023
Jameselias:
The 3 levels of patience:

- Waiting for a trade > Don’t act on FOMO
- Patience while in a trade > Don’t close too early
- Patience when growing your account > Don’t push your risk management



Copied @tradeciety
Decide which time frame for entry, wait for candle close before entry, helps me to be patient.
Re: Forex Trade Alerts: Season 23 by peteregwu(m): 9:23pm On Aug 20, 2023
On gold, I will always look for a selling opportunity because it's on a downward trend to 1486. I don't know when it would get there, but I believe it would get there someday.

1 Like

Re: Forex Trade Alerts: Season 23 by zonall(m): 9:37pm On Aug 20, 2023
Good to be back from a NL autoban...one or both limits should be triggered.

NZDUSD {M15} - BUY LIMIT
E: 0.5909
S: 0.5889
T: 0.5958

NZDUSD {M15} - SELL LIMIT
E: 0.5958
S: 0.5978
T: 0.5868

...may the blue pips continually be with us. 🥂

1 Like

Re: Forex Trade Alerts: Season 23 by Proudpolygamist: 10:09pm On Aug 20, 2023
meshpips:


Let's make this a learning environment.
(1) On a 100k how much in $ is my daily risk limit?
(2) Now if the stop loss is 100 pips per trade, how much in total am I risking?
(3) Let's take the stop loss down to 35 pips per trade. Now how many % are you on?
(4) Finally, what if there existed the possibility that a number of positions can have their stop loss moved to entry or even a number of pips profit to cover the risk on 1 or 2 other positions?

Verdict: Your IGNORANCE is as clear as day.
Prescription: go to school.

Thank you!


I hope you know that @meshpips is a registered, confirmed and shameless Scammer on this thread. Spread the news if you don't know.

5 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by infofirst(m): 10:11pm On Aug 20, 2023
RKTexpert:
prop firm makes money when customers fail and buy more challenges mostly, we are all trading prop firms on a simulated fx demo, even majority of the funded akants are on real forex market simulations, they(some few prop firms) only copy trade a few of the highly profitable traders...just imagine CEO of SkilledFundedTrader still trading like a customer with myforexfunds at the moment? Shey hm get prop firm in operation buh why he no dey gree trade on his own company...that beats me.

Bro, if you are prop firm ceo, will you be putting all trades tru real account with the reckless way people trade? Once a firm pay out. Don't stress further

1 Like

Re: Forex Trade Alerts: Season 23 by infofirst(m): 10:15pm On Aug 20, 2023
Proudpolygamist:



I hope you know that @meshpips is a registered, confirmed and shameless Scammer on this thread. Spread the news if you don't know.

100%

1 Like

Re: Forex Trade Alerts: Season 23 by Proudpolygamist: 10:16pm On Aug 20, 2023
GarkiAccessory:
Fam do you agree?

Especially August

TOTALLY AGREE! Didn't Even see this Shit earlier on but it Confirms my suspicions for june and August

1 Like

Re: Forex Trade Alerts: Season 23 by FXcandles(m): 12:11am On Aug 21, 2023
Monday market has come, last week oil price closed at 80.58 and formed bullish candle. Oil price consolidated now near middle band line.
There Bad news from The Representatives for the Nigeria Extractive Industries Transparency Initiative (NEITI) says in forum, according the news Nigeria Has Lost $46 Billion Worth Of Crude Oil To Theft.

Re: Forex Trade Alerts: Season 23 by RKTexpert: 4:16am On Aug 21, 2023
infofirst:


Bro, if you are prop firm ceo, will you be putting all trades tru real account with the reckless way people trade? Once a firm pay out. Don't stress further
me too after payout wetin concern me for how oyinbo wan run their prop firm business...lol
Re: Forex Trade Alerts: Season 23 by Jameselias: 7:36am On Aug 21, 2023
🧐

2 Likes

Re: Forex Trade Alerts: Season 23 by Obioramichael(m): 8:21am On Aug 21, 2023
Please someone should recommend a dollar card I can use and pay for a prop firm
Re: Forex Trade Alerts: Season 23 by Donsheddy: 8:32am On Aug 21, 2023
Happy New Week Guys....
Week 6

Gbpusd bought...
Entry 1.27400
Sl 1.26960
Tp 1.28000

Rrr 1:1.3

5 Likes

Re: Forex Trade Alerts: Season 23 by Geovanni412(m): 8:34am On Aug 21, 2023
Obioramichael:
Please someone should recommend a dollar card I can use and pay for a prop firm

Uba prepaid card or GTB .

Any will do.

1 Like

Re: Forex Trade Alerts: Season 23 by JasonNOTStatham: 9:07am On Aug 21, 2023
Mffx why? sad Omoh I go vex if na me, lol

Re: Forex Trade Alerts: Season 23 by Obioramichael(m): 9:17am On Aug 21, 2023
Geovanni412:


Uba prepaid card or GTB .

Any will do.

I only have access Master card.

And it's reject it
Re: Forex Trade Alerts: Season 23 by samfelly: 9:32am On Aug 21, 2023
Ibrahimlagosian:
Hello guys,it's been a while now,can anyone recommend books i should read on SMC,market structure and price action?thanks

Finally! If you can't beat (advise) them, you join them 😃😃😃

2 Likes

Re: Forex Trade Alerts: Season 23 by samfelly: 9:42am On Aug 21, 2023
Niceguy24:
How can i upload pictures abeg

I don try tire e no gree me

samfelly:
The secret is, let say you finish writing whatever you want to post and the images are all chosen and loaded and you click the Submit, and the "verify you are human" that usually comes next is checked and your intended post doesn't happen, SIMPLY USE THE BACK BUTTON (either d browser's or phone's own) and then click on the Submit, again. You can do it up to 2 or 3 times for it to finally post with the pictures.

Niceguy24, try this out
Re: Forex Trade Alerts: Season 23 by BinaryRocks: 9:58am On Aug 21, 2023
BinaryRocks:
I was among the giveaway winners of @PropFirmMatch yesterday but no code received since yesterday while others have received theirs.

No reply from them after sending dm.
That's why I am yet to share the good news with you guys.

Anyway,
To the Crypto guru here,
I received some airdrops on my old Eth wallet recently but I don't understand if they're useful or useless.

I need to get a prop account.

Attached screenshot.
Finally the giveaway 10k account is received this morning.
Thank you PropFirmMatch and fundingpips.

9 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by Kaybee7000(m): 10:05am On Aug 21, 2023
BinaryRocks:

Finally the giveaway 10k account is received this morning.
Thank you PropFirmMatch and fundingpips.


Congrats chief

2 Likes

Re: Forex Trade Alerts: Season 23 by infofirst(m): 10:12am On Aug 21, 2023
JasonNOTStatham:
Mffx why? sad Omoh I go vex if na me, lol

If it is one phase acct. It will be breached.
Re: Forex Trade Alerts: Season 23 by Petah(m): 10:12am On Aug 21, 2023
BinaryRocks:

Finally the giveaway 10k account is received this morning.
Thank you PropFirmMatch and fundingpips.
Congrats boss

1 Like

Re: Forex Trade Alerts: Season 23 by samfelly: 10:13am On Aug 21, 2023
peteregwu:
On gold, I will always look for a selling opportunity because it's on a downward trend to 1486. I don't know when it would get there, but I believe it would get there someday.

It is going to take insane patience to watch it get there o
Re: Forex Trade Alerts: Season 23 by zonall(m): 10:21am On Aug 21, 2023
zonall:
Good to be back from a NL autoban...one or both limits should be triggered.

NZDUSD {M15} - BUY LIMIT
E: 0.5909
S: 0.5889
T: 0.5958

NZDUSD {M15} - SELL LIMIT
E: 0.5958
S: 0.5978
T: 0.5868

...may the blue pips continually be with us. 🥂

Good morning traders. 🥂

Re: Forex Trade Alerts: Season 23 by Geovanni412(m): 10:22am On Aug 21, 2023
Obioramichael:


I only have access Master card.

And it's reject it

No idea why it rejected it , Chief

I have never used access dollar card before

Walk into any UBA branch and fill the necessary details to get your dollar card same day

Then fund it.

In other news, I noticed that the CBN notice that you can buy things with naira card does not apply to Google play.

Tried buying sth of 700 naira on play store and I no work cool

1 Like

Re: Forex Trade Alerts: Season 23 by rainlover(m): 10:36am On Aug 21, 2023
Geovanni412:


No idea why it rejected it , Chief

I have never used access dollar card before

Walk into any UBA branch and fill the necessary details to get your dollar card same day

Then fund it.

In other news, I noticed that the CBN notice that you can buy things with naira card does not apply to Google play.

Tried buying sth of 700 naira on play store and I no work cool

Why not use Cr.ypto and save yourself this unnecessary stress 🤔
Re: Forex Trade Alerts: Season 23 by Geovanni412(m): 10:43am On Aug 21, 2023
rainlover:


Why not use Cr.ypto and save yourself this unnecessary stress 🤔

Crypto na for prop firm

What of other payments like Google play subscription and Google drive?

Anyhow, you go still need that dollar card.

Better for him to get UBA prepaid card once and for all.

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