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Forex Trade Alerts: Season 23 - Business (1040) - Nairaland

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Re: Forex Trade Alerts: Season 23 by Bimmarlykay(m): 9:34pm On Dec 30, 2023
kozmicity:


Enjoy boss😁

Na till next year for me oo


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. grin lipsrsealed

2 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by samfelly: 9:43pm On Dec 30, 2023
TradingGod:
please share their telegram channel 🙏

https://t dot me/The5ersFund

Copy and edit to replace dot with normal and clear the spaces
Re: Forex Trade Alerts: Season 23 by wuyexzy01: 9:48pm On Dec 30, 2023
superintendents:
oga cut soap for me, show me love bro
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.

3 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by Davigle(m): 9:54pm On Dec 30, 2023
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. grin lipsrsealed

Me ah don leave currencies for wuna, come 2024 na gold and US30 I dey focus on for my day trading and then crude oil and bitcoin for swing trades ah no dey look pass this pairs

2 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by superintendents(m): 9:54pm On Dec 30, 2023
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.
OG..I be your right hand man, abeg oo
Re: Forex Trade Alerts: Season 23 by superintendents(m): 9:57pm On Dec 30, 2023
embarassed
Re: Forex Trade Alerts: Season 23 by Crumbian: 10:08pm On Dec 30, 2023
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. grin



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



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

7 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by TradingGod: 10:18pm On Dec 30, 2023
samfelly:


https://t dot me/The5ersFund

Copy and edit to replace dot with normal and clear the spaces
thanks mate 👍

1 Like

Re: Forex Trade Alerts: Season 23 by samfelly: 10:19pm On Dec 30, 2023
realone12:
And boss gabsonfx2 just fulfilled his promise
I just received my fundedengineer login credentials.
May God bless you abundantly.. Amen

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

Re: Forex Trade Alerts: Season 23 by samfelly: 10:34pm On Dec 30, 2023
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

I guess that is what will give KYC some challenge (I guess)
Re: Forex Trade Alerts: Season 23 by samfelly: 10:42pm On Dec 30, 2023
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 grin
Re: Forex Trade Alerts: Season 23 by Mystiquefia: 10:57pm On Dec 30, 2023
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

u think say na only Africans dey do Yahoo?
Re: Forex Trade Alerts: Season 23 by BrightFuture48: 10:58pm On Dec 30, 2023
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
Please which payment option to use?I tried stripe it wasn't going thru.
Re: Forex Trade Alerts: Season 23 by Mystiquefia: 11:01pm On Dec 30, 2023
realone12:
And boss gabsonfx2 just fulfilled his promise
I just received my fundedengineer login credentials.
May God bless you abundantly.. Amen

Congrats boss
Re: Forex Trade Alerts: Season 23 by realone12(m): 11:13pm On Dec 30, 2023
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
thanks boss. how far about your ftmo challenge, hope it's moving fine? me too wan in your overflow next year abeg
Re: Forex Trade Alerts: Season 23 by samfelly: 11:14pm On Dec 30, 2023
BrightFuture48:

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

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

3 Likes

Re: Forex Trade Alerts: Season 23 by samfelly: 11:18pm On Dec 30, 2023
realone12:
thanks boss. how far about your ftmo challenge, hope it's moving fine? me too wan in your overflow next year abeg

Yeah, we will definitely eat from each other's tables, come 2024. Thanks for asking, my FTMO challenge is building up
Re: Forex Trade Alerts: Season 23 by BrightFuture48: 11:26pm On Dec 30, 2023
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
Many thanks Big Sam, the payment has been approved!

The chipper cash is seemless. Nice to have it handy now.

@smilinguy thanks also for the hint given this morning it really helped.

Modified:
My account credentials just receive in my inbox.

1 Like

Re: Forex Trade Alerts: Season 23 by wuyexzy01: 12:10am On Dec 31, 2023
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. grin



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



PS: If there's something that I missed, please correct me.
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.
Re: Forex Trade Alerts: Season 23 by wuyexzy01: 12:11am On Dec 31, 2023
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 grin
We kuku no go fall! Happy new year in advance!!
Re: Forex Trade Alerts: Season 23 by VeeVeeMyLuv(m): 1:43am On Dec 31, 2023
MattL CEO MyFundedFX

Happy New Years to Everyone!

Except the following

1. Chargeback Fraudsters
2. Deel for cutting the industry off
3. HFT firms
4. Children trading with their grandmas ID cards
5. Whoever is whitelabeling prop firms for $3 and a pat on the back
Re: Forex Trade Alerts: Season 23 by TradingGod: 2:44am On Dec 31, 2023
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. grin



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



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

Risk 0.2% per trade and have peace of mind 😌
Re: Forex Trade Alerts: Season 23 by greatcheer(f): 4:42am On Dec 31, 2023
BrightFuture48:

Yes I have commence their verification already thanks.

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

abeg what is this about, seems am missing in action
Re: Forex Trade Alerts: Season 23 by greatcheer(f): 4:44am On Dec 31, 2023
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.

is it everybody that buys they'll give a challenge account. is it late for me,
Re: Forex Trade Alerts: Season 23 by greatcheer(f): 4:48am On Dec 31, 2023
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.

yes I see the sell too for eurgbp.
Re: Forex Trade Alerts: Season 23 by DXYY: 4:57am On Dec 31, 2023
samfelly:


Search the term KYC in their Telegram channel to confirm

Omor, how KYC take link to payment ,will check though

1 Like

Re: Forex Trade Alerts: Season 23 by PraiseGod4u(m): 5:57am On Dec 31, 2023
Mystiquefia:


u think say na only Africans dey do Yahoo?


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
Re: Forex Trade Alerts: Season 23 by LincolnOnyeabor: 6:20am On Dec 31, 2023
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. grin



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



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

Anyone who is serious in this Business ought to know this na.

But one needs to treat Props with the mindset of winning and not Pampering them.


If one can risk 0.50 percent of the actual $500, with a steady 1:3-4 RR and A setups, one can be funded in time.


Still learning sha.

Greetings to all the Bosses here and bigups to Boss GabsonFX2.

2 Likes

Re: Forex Trade Alerts: Season 23 by Crumbian: 6:21am On Dec 31, 2023
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.




The lot size was calculated with a 40 pips SL and the assumption of a 1:1 RR at least. If the trader uses a 20 pips SL and a 1:2 RR at least then the lot size should be 0.25. All this makes sense if you open just one trade at a time.
Re: Forex Trade Alerts: Season 23 by Crumbian: 6:25am On Dec 31, 2023
TradingGod:


Risk 0.2% per trade and have peace of mind


No rest (or peace of mind) for the wicked. "B-but I'm not wicked" you say? You are. You want to make money. grin
Re: Forex Trade Alerts: Season 23 by greatcheer(f): 6:47am On Dec 31, 2023
@samfelly @all chipper account opened successfully. about to make a naria deposit of 5k. so am waiting for it to be enabled. After that what next please,
make una no leave me for junction mbok
Re: Forex Trade Alerts: Season 23 by Mystiquefia: 6:48am On Dec 31, 2023
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

.

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