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Forex Trade Alerts: Season 23 - Business (601) - Nairaland

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Re: Forex Trade Alerts: Season 23 by seeteazain(m): 10:58am On Aug 27, 2023
Elliotwaveforec:
FTMO stands out! DD is based on initial capital; no wuruwuru! They need to come down with their prices.

I wanted to say this. They are the best except for their prices.
Re: Forex Trade Alerts: Season 23 by seeteazain(m): 11:00am On Aug 27, 2023
Edd1e:
Na wa o. This is just plain ignorance being displayed publicly.
Balance-based is not marketing gimmick or anything. Na una no understand basic calculations and understanding.

Balanced-based: Lets assume you have $10000 + running trades of 200$...

Your balance is $10000 while ur equity is $10200 running through the following day.

For Balance based; your DD will be $500 (5% of 10000)

Meaning you could lose your running profit of ( $200 + $500 your DD) to violate


Equity Based: Using the scenario above.

Your DD for the following day will be $510 (5% of $10200)

So your total loss should not go more than $510.. including ur running trades.


This case... You are running $200 in profit... So u can only lose $310 more to violate.

You can state your opinions without being arrogant
Re: Forex Trade Alerts: Season 23 by seeteazain(m): 11:01am On Aug 27, 2023
karkinase:

You wey sabi … what’s the definition of drawdown..

Help me ask am.
Re: Forex Trade Alerts: Season 23 by rainlover(m): 11:06am On Aug 27, 2023
Donsheddy:
Una just dey confuse una self.. for me i prefer equity based DD... Reason been that as you keep making profit your DD increases and as you loose profit your DD reduces helps you to be discipline


For Equiity Based

Starting Balance is 10000 and your daily DD is 5%>>>
5% of 10000 is 500 that means your account shouldn't go below 9500 today....
If your trade moves 800 dollars in profit and goes back to entry that same day your account will still be intact because you didn't go below 9500...

Lets assume you make a profit on 400 dollars day 1, your closing balance for the balance for the day is 10400 now your DD for the next day is 5% of 10400 which will be 520... That means your account shouldn't go below 9880...

Now if in loss, lets assume you didn't make profit the first day and you close with 9800 your DD for the next day will be 5% of 9800 which is 490 that means you can't loss more than 490 on the new day that means your account shouldn't go below 9310 if you like make 2000 dollars profit that day... Thats how equity based work....

While in Balanced Based Your D. D is Fixed at 5% of starting balance which is 500 dollars

So any day dont lose more dan 500 dollars ...

If your starting balance is 10400 for the new day your account shouldn't go below 9900
If your starting balance is 9800 it shouldn't go below 9300 thats for balanced based....

That's balance based na.
Re: Forex Trade Alerts: Season 23 by infofirst(m): 11:10am On Aug 27, 2023
As some pipish and mesish and vapish people are on full time to scam us on this thread. Some amazing folks are striving to bring rewarding information and offers to improve us here as a family. May those offers come tru.
Be on the look out.

So quick one, what can a $10k challenge giveaway do for you if you win it here randomly without any competition ? How long can you pass it? If you are to nominate someone to get the giveaway instead of yourself, who will you nominate here?

7 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by PIPSMARSHALL: 11:19am On Aug 27, 2023
infofirst:
As some pipish and mesish and vapish people are on full time to scam us on this thread. Some amazing folks are striving to bring rewarding information and offers to improve us here as a family. May those offers come tru.
Be on the look out.

So quick one, what can a $10k challenge giveaway do for you if you win it here randomly without any competition ? How long can you pass it? If you are to nominate someone to get the giveaway instead of yourself, who will you nominate here?

It will do wonders because I'm consistent. I lost in phase 2 twice max DD, making me work on my win rate if i wan dey consistent with profits.
Experience sef dey. Winning a giveaway now won't put pressure on my aza too. Funds gets to be used on food, so no excuse to not pass.
60days
Realone

2 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by karkinase(m): 11:30am On Aug 27, 2023
infofirst:
As some pipish and mesish and vapish people are on full time to scam us on this thread. Some amazing folks are striving to bring rewarding information and offers to improve us here as a family. May those offers come tru.
Be on the look out.

So quick one, what can a $10k challenge giveaway do for you if you win it here randomly without any competition ? How long can you pass it? If you are to nominate someone to get the giveaway instead of yourself, who will you nominate here?
Elliotwaveforec Good Trader but a little bit aggressive like me thou ..😎

3 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by OfficialP: 11:37am On Aug 27, 2023
infofirst:
As some pipish and mesish and vapish people are on full time to scam us on this thread. Some amazing folks are striving to bring rewarding information and offers to improve us here as a family. May those offers come tru.
Be on the look out.

So quick one, what can a $10k challenge giveaway do for you if you win it here randomly without any competition ? How long can you pass it? If you are to nominate someone to get the giveaway instead of yourself, who will you nominate here?

I will nominate meshpips, even though he doesn't deserve it, but it's an opportunity for him to prove walk the talk or Charly.

I have nothing else to say but to wish whoever is selected best of luck and to say God bless you boss.

Secondly, I want to say not using % risk per trade is the way to go. Speaking from new found experience. If am privileged to be selected, I promise to use the use the first withdrawal made from the account to sponsor one or two person depending on the amount withdrawn.

2 Likes

Re: Forex Trade Alerts: Season 23 by nzechu(m): 11:40am On Aug 27, 2023
infofirst:
As some pipish and mesish and vapish people are on full time to scam us on this thread. Some amazing folks are striving to bring rewarding information and offers to improve us here as a family. May those offers come tru.
Be on the look out.

So quick one, what can a $10k challenge giveaway do for you if you win it here randomly without any competition ? How long can you pass it? If you are to nominate someone to get the giveaway instead of yourself, who will you nominate here?
Good day sir,

A 10k challenge will go a long way in helping me grow an account that will turn out to be a seed for future investments, so I can also give back to this community like you do.

I will employ the best of risk management, since i would not be competing with a crowd but just myself. I will be very grateful if I am selected.

If i were to nomimàte another user asides myself i would nominate @rhynoemmie

Gracias Señor

2 Likes

Re: Forex Trade Alerts: Season 23 by Tenifayo23: 11:49am On Aug 27, 2023
infofirst:
As some pipish and mesish and vapish people are on full time to scam us on this thread. Some amazing folks are striving to bring rewarding information and offers to improve us here as a family. May those offers come tru.
Be on the look out.

So quick one, what can a $10k challenge giveaway do for you if you win it here randomly without any competition ? How long can you pass it? If you are to nominate someone to get the giveaway instead of yourself, who will you nominate here?
May Almighty God reward you for all you do here. Seeing this alone is a source of motivation and the best way to teach the younger ones to be selfless once they climb up the ladders. Quality leadership is by action and not mere talks. Thanks for all you do sir.

2 Likes

Re: Forex Trade Alerts: Season 23 by Nwadaka: 11:49am On Aug 27, 2023
infofirst:
As some pipish and mesish and vapish people are on full time to scam us on this thread. Some amazing folks are striving to bring rewarding information and offers to improve us here as a family. May those offers come tru.
Be on the look out.

So quick one, what can a $10k challenge giveaway do for you if you win it here randomly without any competition ? How long can you pass it? If you are to nominate someone to get the giveaway instead of yourself, who will you nominate here?

A 10k account can't do a damn for me, as for the nomination, I would rather go for Realone and Meshpip.. Reasons: let's see Meshpip walk the talk and Realone to prove himself once more.

1 Like

Re: Forex Trade Alerts: Season 23 by MetroLane: 12:16pm On Aug 27, 2023
infofirst:
As some pipish and mesish and vapish people are on full time to scam us on this thread. Some amazing folks are striving to bring rewarding information and offers to improve us here as a family. May those offers come tru.
Be on the look out.

So quick one, what can a $10k challenge giveaway do for you if you win it here randomly without any competition ? How long can you pass it? If you are to nominate someone to get the giveaway instead of yourself, who will you nominate here?


I will Nominate HumbleTrader, he has a 100% winning strategy, it should be a piece of cake for him grin

5 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by Petah(m): 12:16pm On Aug 27, 2023
That would be such a great opportunity sir.
My answers to the questions sir.
1. It will be a game changer and a life changer.
2. I will plan to pass phase 1 in two months.
I am a conservative trader. Phase 2 in a month and the half, max. When I am funded I will be more conversative. Making constant withdraw is the goal, sir.
3. I don't have anyone in mind right now sir.
infofirst:
As some pipish and mesish and vapish people are on full time to scam us on this thread. Some amazing folks are striving to bring rewarding information and offers to improve us here as a family. May those offers come tru.
Be on the look out.

So quick one, what can a $10k challenge giveaway do for you if you win it here randomly without any competition ? How long can you pass it? If you are to nominate someone to get the giveaway instead of yourself, who will you nominate here?

1 Like

Re: Forex Trade Alerts: Season 23 by realone12(m): 12:24pm On Aug 27, 2023
PIPSMARSHALL:


It will do wonders because I'm consistent. I lost in phase 2 twice max DD, making me work on my win rate if i wan dey consistent with profits.
Experience sef dey. Winning a giveaway now won't put pressure on my aza too. Funds gets to be used on food, so no excuse to not pass.
60days
Realone
thanks for trusting me bro. I'm honoured
Re: Forex Trade Alerts: Season 23 by realone12(m): 12:25pm On Aug 27, 2023
Nwadaka:


A 10k account can't do a damn for me, as for the nomination, I would rather go for Realone and Meshpip.. Reasons: let's see Meshpip walk the talk and Realone to prove himself once more.
my bro and my boss.. I'm honoured sir..
Re: Forex Trade Alerts: Season 23 by hassan50: 12:30pm On Aug 27, 2023
1. Winning a $10k challenge giveaway would be absolutely amazing and could have a significant impact on my life.
2. Everyone's financial situation is unique, and how long the $10k would last would depend on personal circumstances like risk management and proper planning (believing in yourself). No strategy is 100% been in this game have got a hutch now
3. I really loved teamwork though, if I would nominate anyone. I would have chose all though
#Hawkeye

infofirst:
As some pipish and mesish and vapish people are on full time to scam us on this thread. Some amazing folks are striving to bring rewarding information and offers to improve us here as a family. May those offers come tru.
Be on the look out.

So quick one, what can a $10k challenge giveaway do for you if you win it here randomly without any competition ? How long can you pass it? If you are to nominate someone to get the giveaway instead of yourself, who will you nominate here?

1 Like

Re: Forex Trade Alerts: Season 23 by BinaryRocks: 12:37pm On Aug 27, 2023
infofirst:
As some pipish and mesish and vapish people are on full time to scam us on this thread. Some amazing folks are striving to bring rewarding information and offers to improve us here as a family. May those offers come tru.
Be on the look out.

So quick one, what can a $10k challenge giveaway do for you if you win it here randomly without any competition ? How long can you pass it? If you are to nominate someone to get the giveaway instead of yourself, who will you nominate here?
Thanks Boss.

A $10k challenge giveaway would do a lot if one can get to the funding stage.

As you all know that I won a $10k giveaway challenge on Twitter recently even though I'm battling with drawdown at the moment due to some offline issues.

I only need the cash for the giveaway to fund my personal account to trade along with the challenge account.

Doing so would also go a long way to my trading and psychology.
And the offline issues I'm currently facing would take care of itself Sir.

Thanks Boss.

2 Likes

Re: Forex Trade Alerts: Season 23 by realone12(m): 12:38pm On Aug 27, 2023
infofirst:
As some pipish and mesish and vapish people are on full time to scam us on this thread. Some amazing folks are striving to bring rewarding information and offers to improve us here as a family. May those offers come tru.
Be on the look out.

So quick one, what can a $10k challenge giveaway do for you if you win it here randomly without any competition ? How long can you pass it? If you are to nominate someone to get the giveaway instead of yourself, who will you nominate here?
obviously, 10k challenge will mean alot to me. as it's another opportunity for me to use my skill and correct my wrongs. they said "change your pairs and change your life" I have learn to avoid some pairs like GbpUsd, xau and Nasdaq and I have learn to trade my strategy without any form of fear.. . it will take a minimum of 2 months for me to pass the challenge if given..

I will nominate officialp

2 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by abham: 12:44pm On Aug 27, 2023
I nominate kozmicity, reserved trader with a lot of potential and always improving.

The guy has so much enthusiasm in trading and always strives to be the best. Recently his analysis has been top notch but his entries has been a bit off. Just like donsheddy, if he is given the account he will be more meticulous about taking trades I am confident he would guide the account judiciously to achieve withdrawal.

we can also see that his DQ was not as a result of conscious mistake.

infofirst:
As some pipish and mesish and vapish people are on full time to scam us on this thread. Some amazing folks are striving to bring rewarding information and offers to improve us here as a family. May those offers come tru.
Be on the look out.

So quick one, what can a $10k challenge giveaway do for you if you win it here randomly without any competition ? How long can you pass it? If you are to nominate someone to get the giveaway instead of yourself, who will you nominate here?

2 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by Emmizay12(m): 12:52pm On Aug 27, 2023
infofirst:
As some pipish and mesish and vapish people are on full time to scam us on this thread. Some amazing folks are striving to bring rewarding information and offers to improve us here as a family. May those offers come tru.
Be on the look out.

So quick one, what can a $10k challenge giveaway do for you if you win it here randomly without any competition ? How long can you pass it? If you are to nominate someone to get the giveaway instead of yourself, who will you nominate here?

I tried 5 demo accounts, then invested in a prop firm, determined to succeed. I shifted to my mentor's strategy, thinking their success would bring mine. Despite losing, I learned to trust my own abilities over others'. having the 10k challenge will go a long way in easing the financial cost on my pocket

i nominate the person' whose post is above mine, Goodluck

2 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by dmahn(m): 1:14pm On Aug 27, 2023
infofirst:
As some pipish and mesish and vapish people are on full time to scam us on this thread. Some amazing folks are striving to bring rewarding information and offers to improve us here as a family. May those offers come tru.
Be on the look out.

So quick one, what can a $10k challenge giveaway do for you if you win it here randomly without any competition ? How long can you pass it? If you are to nominate someone to get the giveaway instead of yourself, who will you nominate here?

Omo grin grin... Well!! I will trade it with no rush. I will give mysef 4 months time to deal with both phases...

I will nominate Peteregwu
Re: Forex Trade Alerts: Season 23 by Riverrun: 1:20pm On Aug 27, 2023
infofirst:
As some pipish and mesish and vapish people are on full time to scam us on this thread. Some amazing folks are striving to bring rewarding information and offers to improve us here as a family. May those offers come tru.
Be on the look out.

So quick one, what can a $10k challenge giveaway do for you if you win it here randomly without any competition ? How long can you pass it? If you are to nominate someone to get the giveaway instead of yourself, who will you nominate here?


I have always wanted to have a funded account of my own but circumstances and burden haven't allowed me to do so.
So if I happen to get one now, I would be very joyous as it would definitely change my life and finances. I certainly would pass both phase in total of 3months maximum without breaking any rules.

To nominate someone, I would nominate @rainlover.
Re: Forex Trade Alerts: Season 23 by samfelly: 1:41pm On Aug 27, 2023
abham:
My guy, I don't have backup, I have to start afresh when I get a new device.

How is your trading journey going?


Eyah, kpele
Re: Forex Trade Alerts: Season 23 by seeteazain(m): 1:46pm On Aug 27, 2023
infofirst:
As some pipish and mesish and vapish people are on full time to scam us on this thread. Some amazing folks are striving to bring rewarding information and offers to improve us here as a family. May those offers come tru.
Be on the look out.

So quick one, what can a $10k challenge giveaway do for you if you win it here randomly without any competition ? How long can you pass it? If you are to nominate someone to get the giveaway instead of yourself, who will you nominate here?

I will recommend Meshpips. At least everyone will be his accountability officer.
Re: Forex Trade Alerts: Season 23 by Kaybee7000(m): 1:55pm On Aug 27, 2023
Still don't know y some people are nominating a chronical ACCT BLOWER just because u Wana know if he is real or not,we are know he is not real and he can't make even 2% ,so y u wan testrun him with someone hard earn money still baffle m



For the nomination,I am not nominating anyone until we see their performance from probably 2/3 previous competitions,it is not necessary dey make specific Target but atleast to know their actual performance/risk management,maybe we should hold on till this August end and den check the previous performance of those people they have been nominating,it is not all about getting acct but about not blowing it ANYHOW cos this is someone hard earn money which u can't just get and do it anyhow

PEACE ✌️

3 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by rainlover(m): 1:56pm On Aug 27, 2023
infofirst:
As some pipish and mesish and vapish people are on full time to scam us on this thread. Some amazing folks are striving to bring rewarding information and offers to improve us here as a family. May those offers come tru.
Be on the look out.

So quick one, what can a $10k challenge giveaway do for you if you win it here randomly without any competition ? How long can you pass it? If you are to nominate someone to get the giveaway instead of yourself, who will you nominate here?

I need it boss o.
I'm a slow trader sha.. it can take me 6 months to pass the challenge

If I'm to nominate another, that will be donsheddy but the baba get plenty challenge accounts already

1 Like

Re: Forex Trade Alerts: Season 23 by BrightFuture48: 1:56pm On Aug 27, 2023
infofirst:
As some pipish and mesish and vapish people are on full time to scam us on this thread. Some amazing folks are striving to bring rewarding information and offers to improve us here as a family. May those offers come tru.
Be on the look out.

So quick one, what can a $10k challenge giveaway do for you if you win it here randomly without any competition ? How long can you pass it? If you are to nominate someone to get the giveaway instead of yourself, who will you nominate here?
#1 That's going to go along way in easy out things in Nigeria context at the moment, even a meagre of 1% or 2% profit (90-280k) on the funded account

#2 As long as is it take No more rushing (either 1 month or 3 months)

#3 I will dominate Donsheddy. I cherish is meticulousness and discipline
Re: Forex Trade Alerts: Season 23 by karkinase(m): 2:12pm On Aug 27, 2023
lets go to the charts and see whats poppin ...short term bearish USD rally
XAU and GU

Re: Forex Trade Alerts: Season 23 by Ibrahimlagosian(m): 2:20pm On Aug 27, 2023
Guys,Ryze funding have a very bad rating with trustpilot,most people label it as a scam,a 1 star prop firm.Some who bought an account of 25k and above only receive demo accounts as their funded account.Funny enough,i find it fishy too.they have no sign up option,bad customer care,no discord or community,just incentives for an unsuspecting customer,their website looks scanty and unprofessional.unless someone who bought an account from them have withdrawn,i will not consider patronizing them. lipsrsealed

1 Like 1 Share

Re: Forex Trade Alerts: Season 23 by greatcheer(f): 2:21pm On Aug 27, 2023
infofirst:
As some pipish and mesish and vapish people are on full time to scam us on this thread. Some amazing folks are striving to bring rewarding information and offers to improve us here as a family. May those offers come tru.
Be on the look out.

So quick one, what can a $10k challenge giveaway do for you if you win it here randomly without any competition ? How long can you pass it? If you are to nominate someone to get the giveaway instead of yourself, who will you nominate here?

Would really appreciate a giveaway account right now. I will be accountable to the house FTA which will make me trade cautiously. forex has taught me patience.Aside strategy, psychology must be intact, if your greedy you loose the account.
Am done with the go big or go home mantra. i would work towards passing the challenge in a month.

I would nominate realone because of his performance in the first competition held here.

2 Likes

Re: Forex Trade Alerts: Season 23 by rainlover(m): 2:27pm On Aug 27, 2023
Ibrahimlagosian:
Guys,Ryze funding have a very bad rating with trustpilot,most people label it as a scam,a 1 star prop firm.Some who bought an account of 25k and above only receive demo accounts as their funded account.Funny enough,i find it fishy too.they have no sign up option,bad customer care,no discord or community,just incentives for an unsuspecting customer,their website looks scanty and unprofessional.unless someone who bought an account from them have withdrawn,i will not consider patronizing them. lipsrsealed

Myfundedfx have an ongoing 50% discount for$5 - 10k accounts. Why not buy it. Watin u dey find for Refunding?
Re: Forex Trade Alerts: Season 23 by Donsheddy: 2:27pm On Aug 27, 2023
infofirst:
As some pipish and mesish and vapish people are on full time to scam us on this thread. Some amazing folks are striving to bring rewarding information and offers to improve us here as a family. May those offers come tru.
Be on the look out.

So quick one, what can a $10k challenge giveaway do for you if you win it here randomly without any competition ? How long can you pass it? If you are to nominate someone to get the giveaway instead of yourself, who will you nominate here?

Make i follow nominate...
I nominate Dmahn...
He is also a conservative trader....
It will help his trading journey......

Then if the account reach me too it won't be bad...
I think more accounts helps psychology, and it will definitely help me to make good progress on other accounts knowing i have something to fall back on...
I know the 200k account helped me make great progress on the other accounts...
And one thing is sure ...
I wont blow the account..
Might take time to pass but e no go blow...
I believe dmahn can also safe guard the account...
Cus of his disciplined style of trading and zeal to learn and improve

2 Likes

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