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Forex Trade Alerts: Season 23 - Business (708) - Nairaland

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Re: Forex Trade Alerts: Season 23 by kozmicity: 2:42am On Sep 14, 2023
Why does TFT keep deducting from my account when a Gold position is open overnight?

My account was at 4.1k before I opened the gold trade at 9pm yesterday, I didn't get in a loss before nor was I in any trade that hit SL, but my account now is less just above 2k.

Is there any hidden rule I'm breaking? Because this happened before during the week's market open.

1 Like

Re: Forex Trade Alerts: Season 23 by Edd1e(m): 3:11am On Sep 14, 2023
kozmicity:
Why does TFT keep deducting from my account when a Gold position is open overnight?

My account was at 4.1k before I opened the gold trade at 9pm yesterday, I didn't get in a loss before nor was I in any trade that hit SL, but my account now is less just above 2k.

Is there any hidden rule I'm breaking? Because this happened before during the week's market open.

TFT has some crazy swap fees. It's Wednesday, you incurred 3x of the swap fee.

Your swap fee is probably (3*34.9) *3lots = $314 for 3lots or thereabout.

Not sure of the calculation but pretty sure swap is the cause.

3 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by GabsonFX2: 3:58am On Sep 14, 2023

14 Likes 2 Shares

Re: Forex Trade Alerts: Season 23 by sampz: 4:29am On Sep 14, 2023
dmahn:
Abeg who is watching UJ with me.. I think it's ripe for a sell? Or we should wait for a close below 146.995...
Yea would be selling both uj and gj Paris early this morning

1 Like

Re: Forex Trade Alerts: Season 23 by dmahn(m): 4:57am On Sep 14, 2023
If I didn't make 10% on TFT this month, I think I will just have to quit and jejely focus on my challenge account 😭.... This lots size was meant for my Tft competition account, I tot I was on TFT mt5 coz both were opened on my laptop, not knowing I opened the 3 lots size on my 10k account 😭. I couldn't risk waiting for it to turn positive so I closed immediately it went from -$30 to 0... Not knowing - $15 commission has been deducted. The highest loss on that account so far was just $7....This mistake really pain me gan.... This is the 2nd time this will be happen.... Make I focus on one b4 I go mistakenly chop dd by mistake one day.

1 Like

Re: Forex Trade Alerts: Season 23 by dmahn(m): 5:28am On Sep 14, 2023
dmahn:
If I didn't make 10% on TFT this month, I think I will just have to quit and jejely focus on my challenge account 😭.... This lots size was meant for my Tft competition account, I tot I was on TFT mt5 coz both were opened on my laptop, not knowing I opened the 3 lots size on my 10k account 😭. I couldn't risk waiting for it to turn positive so I closed immediately it went from -$30 to 0... Not knowing - $15 commission has been deducted. The highest loss on that account so far was just $7....This mistake really pain me gan.... This is the 2nd time this will be happen.... Make I focus on one b4 I go mistakenly chop dd by mistake one day.

Or maybe the question I should have asked is how do the bosses in the house manage to do that simultaneously without making that mistake. I wasn't in a rush coz it's just early in the morning....How does trade copier works pls recommend the ones you know

2 Likes 2 Shares

Re: Forex Trade Alerts: Season 23 by magicfx: 6:36am On Sep 14, 2023
Gold Sell Now@1909.5-1912.5

Sl:1915

Tp1:1907.5
Tp2:1904.5

Enter Slowly-Layer with proper money management
Re: Forex Trade Alerts: Season 23 by Elliotwaveforec: 6:54am On Sep 14, 2023
Elliotwaveforec:
Buying silver 2305
SL hit!

Re: Forex Trade Alerts: Season 23 by Emmizay12(m): 7:10am On Sep 14, 2023
dmahn:
If I didn't make 10% on TFT this month, I think I will just have to quit and jejely focus on my challenge account 😭.... This lots size was meant for my Tft competition account, I tot I was on TFT mt5 coz both were opened on my laptop, not knowing I opened the 3 lots size on my 10k account 😭. I couldn't risk waiting for it to turn positive so I closed immediately it went from -$30 to 0... Not knowing - $15 commission has been deducted. The highest loss on that account so far was just $7....This mistake really pain me gan.... This is the 2nd time this will be happen.... Make I focus on one b4 I go mistakenly chop dd by mistake one day.

How about you dedicate focus on one account each week

1 Like

Re: Forex Trade Alerts: Season 23 by kozmicity: 7:43am On Sep 14, 2023
Edd1e:


TFT has some crazy swap fees. It's Wednesday, you incurred 3x of the swap fee.

Your swap fee is probably (3*34.9) *3lots = $314 for 3lots or thereabout.

Not sure of the calculation but pretty sure swap is the cause.

Thank you chief. I didn't sleep well last night, but I've made my peace with it.

Good morning.

1 Like

Re: Forex Trade Alerts: Season 23 by Kaybee7000(m): 7:51am On Sep 14, 2023
Pls help o,some apps are not loading on my phone o(mt5,Twitter ) but mt4 is working fine.i even wanted delete the mt5 and download another one,den playstore too refused to load
Pls help o what should I do
Re: Forex Trade Alerts: Season 23 by Eaglepixel: 7:59am On Sep 14, 2023
.
Re: Forex Trade Alerts: Season 23 by DarkPheonix: 8:00am On Sep 14, 2023
kozmicity:


Sorry chief. You'll go again yh?
Thanks boss.
Definitely.

1 Like 1 Share

Re: Forex Trade Alerts: Season 23 by rhynoemmie(m): 8:01am On Sep 14, 2023
Yesterday news didn't do much for me.

Let me see if ppi will come through

Re: Forex Trade Alerts: Season 23 by DarkPheonix: 8:16am On Sep 14, 2023
raphemmanuel:
I wonder how someone will make 74% on TFT competition, and be Leading with a margin of 30+% on the competition and the person will still be trading.
Now the guy has been disqualified (I think he hit DD)
Shit
Re: Forex Trade Alerts: Season 23 by DigitalyYours: 8:22am On Sep 14, 2023
Kaybee7000:
Pls help o,some apps are not loading on my phone o(mt5,Twitter ) but mt4 is working fine.i even wanted delete the mt5 and download another one,den playstore too refused to load
Pls help o what should I do

Clear the apps data, restart your phone
Re: Forex Trade Alerts: Season 23 by charly20(m): 8:26am On Sep 14, 2023
Lanshile:
To all the gees that did not attach fx/pips to their name
Youve got my respect

Lanshipips.
Lanshifx.

πŸ˜‚πŸ˜‚

4 Likes

Re: Forex Trade Alerts: Season 23 by Jameselias: 8:27am On Sep 14, 2023
kozmicity:
Why does TFT keep deducting from my account when a Gold position is open overnight?

My account was at 4.1k before I opened the gold trade at 9pm yesterday, I didn't get in a loss before nor was I in any trade that hit SL, but my account now is less just above 2k.

Is there any hidden rule I'm breaking? Because this happened before during the week's market open.
hahahahaha hahahahaha
Traders πŸ˜†
It's called swap fee
Re: Forex Trade Alerts: Season 23 by Lanshile(m): 8:30am On Sep 14, 2023
charly20:


Lanshipips.
Lanshifx.

πŸ˜‚πŸ˜‚
grin grin
Re: Forex Trade Alerts: Season 23 by Lanshile(m): 8:37am On Sep 14, 2023
dmahn:
If I didn't make 10% on TFT this month, I think I will just have to quit and jejely focus on my challenge account 😭.... This lots size was meant for my Tft competition account, I tot I was on TFT mt5 coz both were opened on my laptop, not knowing I opened the 3 lots size on my 10k account 😭. I couldn't risk waiting for it to turn positive so I closed immediately it went from -$30 to 0... Not knowing - $15 commission has been deducted. The highest loss on that account so far was just $7....This mistake really pain me gan.... This is the 2nd time this will be happen.... Make I focus on one b4 I go mistakenly chop dd by mistake one day.
For me I trade the TFT Account on mt 5 while my live account and challenge account is on mt 4
Is because of something like this besides I don't register for all the competition except for TFT cos it is really hard manually executing trade on multiple accounts,more difficult for people whose trading system is base on instant execution, This mistake is tend to happen

1 Like

Re: Forex Trade Alerts: Season 23 by yetown(m): 9:58am On Sep 14, 2023
GOLD - SELL LIMIT @ 1911.20, SL @ 20PIPS, TP @ PARTIALS AT ASIAN LOW...


TRADE RESPONSIBLY...PEACE
Re: Forex Trade Alerts: Season 23 by Geovanni412(m): 10:00am On Sep 14, 2023
yetown:
SELL LIMIT @ 1911.20, SL @ 20PIPS, TP @ PARTIALS AT ASIAN LOW...


TRADE RESPONSIBLY...PEACE

20 pips sl for gold

How you dey calculate this thing abeg? angry
Re: Forex Trade Alerts: Season 23 by yetown(m): 10:02am On Sep 14, 2023
Geovanni412:


20 pips sl for gold

How you dey calculate this thing abeg? angry

JUST ADD 200 TO ENTRY PRICE LIKE THIS 191120 + 200 = 191320 (1913.20)

1 Like

Re: Forex Trade Alerts: Season 23 by yetown(m): 10:05am On Sep 14, 2023
yetown:
SELL LIMIT @ 1911.20, SL @ 20PIPS, TP @ PARTIALS AT ASIAN LOW...


TRADE RESPONSIBLY...PEACE

AM TRYING TO ATTACH CHART NOT UPLOADING, WHY?
Re: Forex Trade Alerts: Season 23 by Geovanni412(m): 10:07am On Sep 14, 2023
yetown:


JUST ADD 200 TO ENTRY PRICE LIKE THIS 191120 + 200 = 191320 (1913.20)

That is not 20 pips on gold

That is almost 200 pips

20 pips is 1907.9

Check it with any fx calculator you have

Re: Forex Trade Alerts: Season 23 by yetown(m): 10:18am On Sep 14, 2023
US30 - SELL LIMIT @ 34675.5, SL @ AT YOUR OWN RISK, TP @ PARTIALS AT ASIAN LOW...


TRADE RESPONSIBLY...PEACE
Re: Forex Trade Alerts: Season 23 by yetown(m): 10:19am On Sep 14, 2023
Geovanni412:


That is not 20 pips on gold

That is almost 200 pips

20 pips is 1907.9

Check it with any fx calculator you have


PLACE A TRADE ON DEMO WITH 0.10 LOT SIZE AND SEE FOR YOURSELF...PEACE
Re: Forex Trade Alerts: Season 23 by RKTexpert: 10:40am On Sep 14, 2023
Missed this one🀦🏻..I nearly fomo'ed in shaa
Buh we move

1 Like 1 Share

Re: Forex Trade Alerts: Season 23 by Geovanni412(m): 10:43am On Sep 14, 2023
yetown:



PLACE A TRADE ON DEMO WITH 0.10 LOT SIZE AND SEE FOR YOURSELF...PEACE

Boss, what are you trying to say?

I am of the opinion that you mean well

But sincerely, you don't know how to count pips in gold.

And knowing how to count pips in an instrument is the first step to understanding risk management


If I am wrong, Correct my opinion on counting pips with the relevant data that you have.


If not, do well to correct your earlier post on twenty pips stop loss in gold...

No shame in being wrong.

We are all learning.

Links:
https://www.forex.in.rs/calculating-pips-for-gold/

1 Like

Re: Forex Trade Alerts: Season 23 by OfficialP: 10:51am On Sep 14, 2023
Geovanni412:


Boss, what are you trying to say?

I am of the opinion that you mean well

But sincerely, you don't know how to count pips in gold.

And knowing how to count pips in an instrument is the first step to understanding risk management


If I am wrong, Correct my opinion on counting pips with the relevant data that you have.


If not, do well to correct your earlier post on twenty pips stop loss in gold...

No shame in being wrong.

We are all learning.

Links:
https://www.forex.in.rs/calculating-pips-for-gold/

1851 to 1852 is 10 pips for gold.

3 Likes

Re: Forex Trade Alerts: Season 23 by Jesusmyking(m): 10:52am On Sep 14, 2023
Jesusmyking:
Sell Nas100 @

15403
SL 15555
tp 15267

tp2 14997

might be looking at tp 1 or earlier will like to exit before the news. Consensus data seem to favour a weak usd.
Re: Forex Trade Alerts: Season 23 by RKTexpert: 10:53am On Sep 14, 2023
CadJPY
UsdJPY both on my watchlist
I may look for other reasons to look for a short-term sell after news today or tomorr.
Modified
I closed Usdjpy some few mins b4 RF News release....if it takes out the previous weekly high, πŸ‘€NY session for short-term sell possibility should everything checks out

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