₦airaland Forum

kozmicity:
Enjoy boss😁

Na till next year for me oo

TradingGod:
please share their telegram channel 🙏

superintendents:
oga cut soap for me, show me love bro

Bimmarlykay:
Boss you won't believe i panicked and close for small profit... only for market to come down my TP, i hate GU and UJ with passion.

wuyexzy01:
I no fit cut u soap! Go buy ur own! Dm ur aza mke I sponsor ur soap. Plus mke u buy yogurt mke I take wash the account for you!
Plus a eur/gbp chart markup. A solid sell from my side with S.L above 0.87195.

samfelly:
https://t dot me/The5ersFund

Copy and edit to replace dot with normal and clear the spaces

realone12:
And boss gabsonfx2 just fulfilled his promise
I just received my fundedengineer login credentials.
May God bless you abundantly.. Amen

TradingGod:
Billing address is diffrent from card holder name


My billing address carries my name and house address which will be used for my kyc

wuyexzy01:
Wow!!!
Big Thanks oga GabsonFX2!!!
Gon mke u proud!!!

CONGRATULATIONS, soft boss. Abeg, use this one rise and join them at the top. I want to hear from you if Asake was right

PraiseGod4u:
Lol, do your due diligence before joining any firm

Anybody that gets scammed by a prop firm is just greedy, and that's the number one requirement to be defrauded by a yahoo boy. 🤣🤣

How many prop firm do you know are owned by Africans?

I still doubt that yahoo boy story sha

samfelly:
You will have problem with KYC, if I do. Billing address and names mismatching will make your KYC fail when it's that time - so I heard

realone12:
And boss gabsonfx2 just fulfilled his promise
I just received my fundedengineer login credentials.
May God bless you abundantly.. Amen

samfelly:
I am happy for you o, boss. Make sure to use this one drag in more and bigger fishes o. I wan eat in your overflow in 2024

BrightFuture48:
Please which payment option to use?I tried stripe it wasn't going thru.

realone12:
thanks boss. how far about your ftmo challenge, hope it's moving fine? me too wan in your overflow next year abeg

samfelly:
Good of you to have taken the advice to have your Chipper Cash for use. Things will be easier going forward. As a matter of fact, every traders should have all the appropriate wallets (Riseworks, Wise, Deel, Binance, PayDay, and ChipperCash, to list a few) handy.

It was STRIPE I used. Visit your email box to see if you need to confirm something sent from LINK

Crumbian:
So, I decided to read about prop firms today, about how it works. Turns out, your daily draw down is basically your capital. You lose more than that, in most cases, you're fvckt.


So, you've got a 10k account with a 5 percent daily DD? Your capital is 500 dollars. Lets say you decided to risk 0.5% of the 10k, which is 50 dollars, your lot size shouldn't be more than 0.13 right? Nice, except by risking 0.5 percent of the 10k, you're risking 10% of your actual capital, 500 dollars. If you're risking 1% of the 10k, You're risking 20% of that 500 dollars. Now, if you have 500 dollar to trade, as in your personal funds, would you risk 10% or 20% of it in one trade? I doubt that.


And some people will open 3 or more trades at the same time. Sometimes with inappropriate lot sizes.



These prop guys know what they're doing but a very good trader - which i'm not (yet) - will still fvck them



PS: If there's something that I missed, please correct me.

samfelly:
CONGRATULATIONS, soft boss. Abeg, use this one rise and join them at the top. I want to hear from you if Asake was right

Crumbian:
So, I decided to read about prop firms today, about how it works. Turns out, your daily draw down is basically your capital. You lose more than that, in most cases, you're fvckt.


So, you've got a 10k account with a 5 percent daily DD? Your capital is 500 dollars. Lets say you decided to risk 0.5% of the 10k, which is 50 dollars, your lot size shouldn't be more than 0.13 right? Nice, except by risking 0.5 percent of the 10k, you're risking 10% of your actual capital, 500 dollars. If you're risking 1% of the 10k, You're risking 20% of that 500 dollars. Now, if you have 500 dollar to trade, as in your personal funds, would you risk 10% or 20% of it in one trade? I doubt that.


And some people will open 3 or more trades at the same time. Sometimes with inappropriate lot sizes.



These prop guys know what they're doing but a very good trader - which i'm not (yet) - will still fvck them



PS: If there's something that I missed, please correct me.

BrightFuture48:
Yes I have commence their verification already thanks.

Meanwhile those that are yet to register should prepare for this extension from 5ers

BrightFuture48:
I don't think there is any special stuff to do as new user...just that they said they are adding more servers to take care of volume of traders buying that $1 challenge.

They will update traders on their twitter handle by tomorrow Sunday.

wuyexzy01:
I no fit cut u soap! Go buy ur own! Dm ur aza mke I sponsor ur soap. Plus mke u buy yogurt mke I take wash the account for you!
Plus a eur/gbp chart markup. A solid sell from my side with S.L above 0.87195.

samfelly:
Search the term KYC in their Telegram channel to confirm

Mystiquefia:
u think say na only Africans dey do Yahoo?

Crumbian:
So, I decided to read about prop firms today, about how it works. Turns out, your daily draw down is basically your capital. You lose more than that, in most cases, you're fvckt.


So, you've got a 10k account with a 5 percent daily DD? Your capital is 500 dollars. Lets say you decided to risk 0.5% of the 10k, which is 50 dollars, your lot size shouldn't be more than 0.13 right? Nice, except by risking 0.5 percent of the 10k, you're risking 10% of your actual capital, 500 dollars. If you're risking 1% of the 10k, You're risking 20% of that 500 dollars. Now, if you have 500 dollar to trade, as in your personal funds, would you risk 10% or 20% of it in one trade? I doubt that.


And some people will open 3 or more trades at the same time. Sometimes with inappropriate lot sizes.



These prop guys know what they're doing but a very good trader - which i'm not (yet) - will still fvck them



PS: If there's something that I missed, please correct me.

wuyexzy01:
Yes treat 10k account like ur real 500bucks but that lot size is way overboard... to be conservative dnt go above 0.05 and keep ur peace of mind.

TradingGod:
Risk 0.2% per trade and have peace of mind

PraiseGod4u:
You made it sound as though it's the new format yahoo boys here are now using that's why I asked..

Yes there are scam prop firms but the red flags are so glaring that a smart trader shouldn't be falling into them, aside the unexpected like myforexfunds and maven