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Forex Trade Alerts: Season 23 - Business (720) - Nairaland

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Re: Forex Trade Alerts: Season 23 by GabsonFX2: 6:45am On Sep 17, 2023

1 Like 1 Share

Re: Forex Trade Alerts: Season 23 by samfelly: 7:24am On Sep 17, 2023
zonall:


...inactivated.



...perspective for the new week.

Abeg, no leave gold. Dey drop alert steady about the babe. In short, mention me when it comes to gold - I no bi bad example around that babe cheesy
Re: Forex Trade Alerts: Season 23 by GabsonFX2: 7:33am On Sep 17, 2023
Re: Forex Trade Alerts: Season 23 by samfelly: 7:36am On Sep 17, 2023
GabsonFX2:
Guys, these things are real - I have first-hand experience on this drastic and huge leverage reduction with the prop firm after being funded. Read and learn, these are real people all over the world.

A word is enough ooo

Chief, did you ever experience any of these when you were using FTMO?
Re: Forex Trade Alerts: Season 23 by GabsonFX2: 7:38am On Sep 17, 2023
Re: Forex Trade Alerts: Season 23 by meshpips(m): 7:42am On Sep 17, 2023
GabsonFX2:
Guys, these things are real - I have first-hand experience on this drastic and huge leverage reduction with the prop firm after being funded. Read and learn, these are real people all over the world.

A word is enough ooo

Bro, you have a live funded account with them right?

Please do well to take a 0.10 lot size trade on USDJPY, USDCHF or USDCAD after market opens and please send a screenshot for is to see the margin required for that ONE position.

If the margin required I'd $2,000 then truly the leverage is 1:5

Let's see the screenshot first before we say anything further.

Thanks.
Re: Forex Trade Alerts: Season 23 by samfelly: 7:43am On Sep 17, 2023
GabsonFX2:
Never, FTMO is too big for these sh**t

You See! Thanks, boss. Now I can sleep well at night knowing I have convinced a few peeps to stick to FTMO (not minding their high prices) cheesy
Re: Forex Trade Alerts: Season 23 by GabsonFX2: 7:52am On Sep 17, 2023

1 Like

Re: Forex Trade Alerts: Season 23 by samfelly: 7:53am On Sep 17, 2023
meshpips:


Bro, you have a live funded account with them right?

Please do well to take a 0.10 lot size trade on USDJPY, USDCHF or USDCAD after market opens and please send a screenshot for is to see the margin required for that ONE position.

If the margin required I'd $2,000 then truly the leverage is 1:5

Let's see the screenshot first before we say anything further.

Thanks.

There is sense in this, too. Oil dey your head, Ose grin. Then, lets wait out the experiment first.
Re: Forex Trade Alerts: Season 23 by samfelly: 7:56am On Sep 17, 2023
samfelly:
There is sense in this, too. Oil dey your head, Ose grin. Then, lets wait out the experiment first.

GabsonFX2:
Margin required for US30 on my funded account is $$33,000 for a lot of 0.46, margin level was 300%

$66,000 for a lot of 0.92, and with this my leftover margin level became 150% - what this level means is that I can no longer enter another 0.46 lot ...smh........It wasn't like this on challenge/verification; and yes, I got their email saying they would be reducing my leverage on the funded accnt.

SAY NO MORE cheesy
Re: Forex Trade Alerts: Season 23 by meshpips(m): 8:12am On Sep 17, 2023
GabsonFX2:
Margin required for US30 on my funded account is $$33,000 for a lot of 0.46, margin level was 300%

$66,000 for a lot of 0.92, and with this my leftover margin level became 150% - what this level means is that I can no longer enter another 0.46 lot ...smh........It wasn't like this on challenge/verification; and yes, I got their email saying they would be reducing my leverage on the funded accnt.



Kindly click on the marketwatch where you have this index and select "symbol properties" then tell me which figure is written under contract size.
Re: Forex Trade Alerts: Season 23 by meshpips(m): 8:23am On Sep 17, 2023
The values stated show truly that the live funded account has a leverage of 1:5

I just wanted an affirmation of the contract size for that broker.

Contract size is usually 10 for indices meaning that 1 standard lot (1.00 lot size) is equal to 10 (ten) units.

One unit of the index is about 35,000

1.00 lot size ought to require 350k USD as margin (using 1:1 leverage).

Divide 350k by 5 to get about 70k USD margin required.

He did 0.92 lot size, so check 70k X 0.92 and we arrive at pretty closeto the figure gabsonfx mentioned (66k).

1 Like

Re: Forex Trade Alerts: Season 23 by GabsonFX2: 8:30am On Sep 17, 2023

1 Like 1 Share

Re: Forex Trade Alerts: Season 23 by GabsonFX2: 8:32am On Sep 17, 2023

1 Like 1 Share

Re: Forex Trade Alerts: Season 23 by FreshGuy2(m): 8:41am On Sep 17, 2023
Please is it really possible to reach 20k target in two on a 3k account with not more than 1lot each day?
Re: Forex Trade Alerts: Season 23 by Lanshile(m): 8:45am On Sep 17, 2023
GabsonFX2:
Now you got it, I already saw it from my first trade just felt it wasn't time to tell FTA.

My understanding of the drastic leverage reduction (from 100:1 to 5:1) is so you can be limited by how much profit you can make from them until you eventually lost the account.

Seeing this prompted me to search more about them, and found out that several people all over the world also experienced it.

You guys should just be at alert, these new prop firms influence trustpilot admin to remove posts.......beware


Aside from ftmo
Which other prop do you recommend
Re: Forex Trade Alerts: Season 23 by GabsonFX2: 8:51am On Sep 17, 2023

2 Likes

Re: Forex Trade Alerts: Season 23 by meshpips(m): 8:59am On Sep 17, 2023
GabsonFX2:
US30, See attached.


Contract size is 10 as expected.
It is well. Back in the days of blufx, the leverage was just 1:3 and we had to pay monthly.

It is far better to stick with prop firms that use tier-1 liquidity providers regardless of the slightly higher cost.

It is well!
Re: Forex Trade Alerts: Season 23 by realone12(m): 9:08am On Sep 17, 2023
meshpips:


Contract size is 10 as expected.
It is well. Back in the days of blufx, the leverage was just 1:3 and we had to pay monthly.

It is far better to stick with prop firms that use tier-1 liquidity providers regardless of the slightly higher cost.

It is well!
and which prop firms uses tier-1 liquidity providers?
Re: Forex Trade Alerts: Season 23 by GabsonFX2: 9:15am On Sep 17, 2023
Re: Forex Trade Alerts: Season 23 by Jeshurun90: 9:18am On Sep 17, 2023
CopyJoe:
Why did I step away from Forex trading since 2021?

I needed to have other sources of income. I realized I couldn't trade forex successfully from a position of being broke.

Also, I needed time to stay away from the noise and psychological effects of not making significant progress.

Today it will look like I understand the market. The next day everything will scatter.

As I make my come back, I know that what I need is the discipline to stick to my trading rules. There are thousands of strategies that are working in the market.

Find the one that one that works for you and stick to it.

1. Analyse only on Laptop no matter what.

2. Allow your stop loss to breathe.

3. If your heart is tied to the money, it will be hard to be successful. You don't want to lose to the market, so you overanalyze. Profits and losses are part of the game. No matter how good you are, you'll lose.

But let your profit be more than your losses.

As I countdown to my comeback, I want to make a shoutout to Samfelly, Charly20, Boss Infofirst and GabsonFX2.

Selah


That's why I am in need of help badly to fix my laptop.πŸ˜₯πŸ˜₯πŸ˜₯
Re: Forex Trade Alerts: Season 23 by wuyexzy01: 9:32am On Sep 17, 2023
CopyJoe:
Why did I step away from Forex trading since 2021?

I needed to have other sources of income. I realized I couldn't trade forex successfully from a position of being broke.

Also, I needed time to stay away from the noise and psychological effects of not making significant progress.

Today it will look like I understand the market. The next day everything will scatter.

As I make my come back, I know that what I need is the discipline to stick to my trading rules. There are thousands of strategies that are working in the market.

Find the one that one that works for you and stick to it.

1. Analyse only on Laptop no matter what.

2. Allow your stop loss to breathe.

3. If your heart is tied to the money, it will be hard to be successful. You don't want to lose to the market, so you overanalyze. Profits and losses are part of the game. No matter how good you are, you'll lose.

But let your profit be more than your losses.

As I countdown to my comeback, I want to make a shoutout to Samfelly, Charly20, Boss Infofirst and GabsonFX2.

Selah

Na golden nuggets b dis o... if you're yet to pass the learning curve et all. But you are analyzing on your phone. Kai kai kai Your journey go long o

1 Like

Re: Forex Trade Alerts: Season 23 by nzechu(m): 9:37am On Sep 17, 2023
nzechu:
My Competitions
Tft - nothing to write home about
Fundedengineer - something to write about

Same trader, different outcomes

Same story

Tft - still nothing to write home about
Fundedengineer - something to write about



The testimony is that, in previous months I would HV chopped disqualification by now

1 Like 1 Share

Re: Forex Trade Alerts: Season 23 by ekesoft(m): 10:03am On Sep 17, 2023
DXYY:


M interested, but is there limit on the number of pairs you can trade and is it swap free?

No limit on numbers of pairs, and swap applies, and the amount varies based on the day of the week thanks πŸ™
Re: Forex Trade Alerts: Season 23 by ekesoft(m): 10:04am On Sep 17, 2023
Hope you know that 30% OFF ALL ACCOUNTS OFFER from @Maventrading is still valid to grab now

Get funded on Maven with less price for this weekend before it ends in a few hours

Click on the link below to register now and use promo code "WEEKEND"

https://maventrading.com/ref/845/

1 Like

Re: Forex Trade Alerts: Season 23 by RKTexpert: 10:07am On Sep 17, 2023
There is no much difference on whether you do your chart analysis on laptop/PC or phone..
Though Mt4 and Mt5 are nothing compare to tradingview when trying to do chart analysis on phone. Tradingview is sleek and so super cool on both laptop and phone too

Any idea to bypass or unlock tradingview premium plan for free yet? Una wey dey use and post tradingview chart analysis for FTA, how Una dey take do am, how Una they pay to use am or renew Una plan? They even made it difficult for two persons to use same account login at the same time. It won't work...I guess I will have to pay subscription from my tight pocket regularly onwards

1 Like

Re: Forex Trade Alerts: Season 23 by RKTexpert: 10:08am On Sep 17, 2023
?
Re: Forex Trade Alerts: Season 23 by Mystiquefia: 10:10am On Sep 17, 2023
Omor, one will go through the stress of passing evaluation challenge only to get to Live stage and see the shocker of his life. Supremefx ekesoft pls relate to your maven people o, if na so them go do us later make them tell us now

1 Like 1 Share

Re: Forex Trade Alerts: Season 23 by ekesoft(m): 10:23am On Sep 17, 2023
Mystiquefia:
Omor, one will go through the stress of passing evaluation challenge only to get to Live stage and see the shocker of his life. Supremefx ekesoft pls relate to your maven people o, if na so them go do us later make them tell us now
Nah, Maven doesn’t alter leverage, Maven is just a plug and play props firm, their Rules are their Rules. No time for hidden bullshit. Very straightforward brand. Trust me. If anyone wants a direct response about a certain issue from maven, do well to inform me so that I’d help in delivering the message and getting a response thank.

Discount code : WEEKEND
-30% ( Any Account Size )
Link :
https://maventrading.com/ref/845/

5 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by nzechu(m): 10:38am On Sep 17, 2023
nzechu:
Witchcraft fx map

Buy limit 23%
Take profit 161%
SL: use appropriately

This means u can actually afford to sell (scalp) to 23% tomorrow

Cheat code: tomorrows candle should end as an indecision candle

Don't know exactly wat this last candle is saying, but I think this trade won't make 161 anymore. (Looks like a sell signal now. )

161 was supposed to ssend it back but I guess the sending back is happening earlier than expected.

Re: Forex Trade Alerts: Season 23 by Nextt: 10:39am On Sep 17, 2023
GabsonFX2:
.........General Information.......

Some of the good-hearted and curious guys here were disturbed when I posted losing trades, but I replied to them with information about my sound risk/money management skills; or maybe I should not be posting losing trades sef. I asked them to look at my margin level %, this is the no. 1 thing to check if you want to fully understand where one is at based on risk/money management.

Now I have come up with my stats on the $100K account that was completed today. I have now posted both phase 1 and phase 2 stats: Since the challenge (both phase 1 and 2) have been completed, I want you to now focus on my maximum recorded loss and compare it with the current result, win rate, probability, etc.

PS for FTA: Learn to unlearn, learn, and relearn; not every time you come here to pick whom to fight, there are some solid/strong business-minded people here (money-making mind), so don't be a distractor, time waster, destiny waster, goal destroyer.

A word is enough for the wise.

Boss, congrats and welldone on your efforts. I see that you win more of your sells than your buys. This explains the reason for some traders saying they prefer sells to buys. All in all, more power to your elbow, more blue prints to your floating profits.

1 Like

Re: Forex Trade Alerts: Season 23 by DXYY: 10:43am On Sep 17, 2023
ekesoft:


No limit on numbers of pairs, and swap applies, and the amount varies based on the day of the week thanks πŸ™

Thanks, just got one

1 Like 1 Share

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