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Forex Trade Alerts / Discussions: Season 24 - Business (242) - Nairaland

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Re: Forex Trade Alerts / Discussions: Season 24 by zedegit: 5:54am On May 08
F1re:
Top of the morning, running 200 pips🦅

Clown. Who no sabi post chart and say 200pips.
E be like you dey carry ya elders play abi?

You look us finish begin misbehave. If e sure you post call before the movement. sad

4 Likes 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by zedegit: 5:59am On May 08
F1re:
Done for the day🚀

Who you wan impress? You go buy sell, close the loss dem begin upload only profits.

Ya mumu never do. You suppose see Abido shaker.

2 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 6:25am On May 08
Pondabrown:


LAST TIP:
Avoid Twitter and Instagram traders like your life depends on it especially twitter.

Twitter is the only place where everybody is profitable, all of them are hedge fund millionaires. Trust me, they will make you feel like you aren't a good trader or aren't progressing at all.

No bi lie. And as them dey cash out thousands of dollars reach, them still dey creep enter my dm to ask me how is forex treating me and want to sell one thing or the other.

I begin dey wonder if them really dey cashout all the withdrawal certificates they post every minutes, cos you can't be making such money from trading for yourself and still be trying to sweep in a mere $5 or $15 from a lousy sale (signal)

3 Likes 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 6:26am On May 08
Geovanni412:


The thing is,

All these traders on Twitter,

If they are trade gurus, why are they selling signals when they could trade all the way to millions and disappear like the Japanese day trader guy BNF?

It beats me o

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by Petah(m): 6:52am On May 08
samfelly:


No bi lie. And as them dey cash out thousands of dollars reach, them still dey creep enter my dm to ask me how is forex treating me and want to sell one thing or the other.

I begin dey wonder if them really dey cashout all the withdrawal certificates they post every minutes, cos you can't be making such money from trading for yourself and still be trying to sweep in a mere $5 or $15 from a lousy sale (signal)

Interesting. I. Stopped using Twitter till ending of the month.
Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 7:04am On May 08
GabsonFX2:
Exposing PropFirms' Model
I understand you, now I need you to understand this, then the below advice follows

Each time we pass a challenge with prop firm, what we are doing is doubling (making 100%) the capital which naturally makes us aggressive traders. Meaning, if you buy a $10K prop account, $1K is the actual risk appetite, and they want us to double it ($1K profit, 100%). In fact, $500 daily DD is the imminent and closest to hit risk appetite and this is the actual failure traders experience. Compare having a $500 risk capital to targeting $1K profits in order to win phase 1. That's making 150% of your risk capital.

They understand that if after you are unable to make 100% after 5 tries, you may luckily win 100% on the 6th try but then, they await you on the phase 2 of the 6th try cos they understand that you still have to be aggressive to make the phase 2 $500 target, i.e. 50% if $1K overall DD is considered or 100% for a $500 daily DD consideration. This keeps you going in cycle with them and other props. This is model that make them their money.

In the real and professional world, a sustainable forex trading is making 2% to 5% monthly profits and about 12% to 30% yearly. But prop firms twist it all by asking us to make 100% profit on phase 1 when loss is by an overall DD, 150% profit when loss is by a daily DD and 50% profit on phase 2, 100% profit when loss is by daily DD.

Prior to the advent of prop firm, I would never advise anyone to borrow capital to trade; but now, I would advise that you could borrow $500; target only 10%, withdraw the capital and profit, return the capital to where it was borrowed from. Use the profit to buy two prop challenges.

10% profit target on personal account is better than what prop firm requires from us.

Read this the first time, but not with a clear head, cos fog dey d head then. Now I don reread am. And I appreciate am.

Prop firms true true know wetin dem dey do, that's why them bring normal 2 stages for one to struggle past before one crumble. The Market on its own na Van Helsing (tormentor), and Props come befriend am and use am dey torture traders with goals and targets. Asking a 10 years old boy to lift a 50kg bag of rice, to a certain level. Na time e go take d boy sha.

2 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by seeteazain(m): 7:17am On May 08
zedegit:


Clown. Who no sabi post chart and say 200pips.
E be like you dey carry ya elders play abi?

You look us finish begin misbehave. If e sure you post call before the movement. sad

There is no need insulting the guy. You could scroll and pass like everyone else and besides he has posted about his strategy over and over all. With regards to posting his trade calls, he stated he is a scalper and as such has limited time to take trade and post here.

4 Likes 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 7:19am On May 08
Geovanni412:


Are you advising him to stick to personal accts or prop firm accts?

The bolded is confusing

You know if chief Gabson wan borrow am d 500 dolls, for a period of 3 months? 😁

One thing na make greed no go push am to go use mighty lot size that's not necessary for the venture.

2 Likes 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by Geovanni412(m): 7:49am On May 08
zedegit:


Clown. Who no sabi post chart and say 200pips.
E be like you dey carry ya elders play abi?

You look us finish begin misbehave. If e sure you post call before the movement. sad

The guy has never insulted anyone

Or asked for people to buy his signals

When he does so, you can attack him

Till then, leave him alone.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by Peterfx01(m): 8:09am On May 08
Let's feast sell GU now

Re: Forex Trade Alerts / Discussions: Season 24 by CaptainJune: 8:31am On May 08
Geovanni412:


The guy has never insulted anyone

Or asked for people to buy his signals

When he does so, you can attack him

Till then, leave him alone.

I concur. The verbal attack is rather aggressive. However, from Zedegit's point of view selecting and posting only very rare winning trades from a mountain of trades lost is the precursor to deceitfully luring newbies or others to woefully investing with him or seeking his rickety and jalopy trading services that have fallen apart irredeemably to the detriment of his potential investors. They won't immediately reveal their intentions. Many times, they know that all they have to do to attract a willing investor is to post "winning" trades. Zedegit knows their format as do we all. I would just tell traders thinking to invest with him to beware. Caveat Emptor. In this case, investors beware.

2 Likes 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 8:38am On May 08
Let's see if this gets filled and head to predicted direction. 1:2rr as usual.

Re: Forex Trade Alerts / Discussions: Season 24 by CaptainJune: 8:41am On May 08
Just to clarify my above statement so as not to be torn to shreds by misinterpretation. The person in question may not be a shady person in truth, and I am not implying he is. What I said only describes the format of those who have been known to use this very same approach to select their prey.
Re: Forex Trade Alerts / Discussions: Season 24 by Peterfx01(m): 9:06am On May 08
GU sells in profit secure something and leave the rest running if you too this signal a little appreciation won't hurt

NGN account

Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 9:08am On May 08
Cashhy11:
Let's see if this gets filled and head to predicted direction. 1:2rr as usual.
And this has continued again today. Another 1:2rr missed trade by less than a pip that heads to TP. Just one more winning trade and I'm done for the week.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by F1re(m): 9:15am On May 08
LDN🎯

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by Pondabrown: 9:25am On May 08
samfelly:


No bi lie. And as them dey cash out thousands of dollars reach, them still dey creep enter my dm to ask me how is forex treating me and want to sell one thing or the other.

I begin dey wonder if them really dey cashout all the withdrawal certificates they post every minutes, cos you can't be making such money from trading for yourself and still be trying to sweep in a mere $5 or $15 from a lousy sale (signal)

grin grin grin
Trading especially the Forex industry is full of scammy people. Most of them make their money through Mentorships or selling of Signals. For me, I just dey my own lane dey push am small small, and I don't compete with anybody because we always forget that trading is a personal journey.

6 Likes 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by Rickk(m): 10:15am On May 08
Bro, you are a legend..

Ever since I implemented some of the things you said, I have been seeing consistent progress.. Thanks man.

And by the way, I also got in on this trade😁
F1re:
LDN🎯

3 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by LincolnOnyeabor: 10:30am On May 08
Rickk:
Bro, you are a legend..

Ever since I implemented some of the things you said, I have been seeing consistent progress.. Thanks man.

And by the way, I also got in on this trade😁

Care to share what some of those things are sir
I'm focusing only on Gold henceforth hence I need to understand her ways.

The Pump last night nearly tore my Cent Account to shreds.

Make una epp me oooo.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by pristinee: 10:45am On May 08
cool cool
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 10:47am On May 08
Pondabrown:


grin grin grin
Trading especially the Forex industry is full of scammy people. Most of them make their money through Mentorships or selling of Signals. For me, I just dey my own lane dey push am small small, and I don't compete with anybody because we always forget that trading is a personal journey.
I think it all boils down why you join this line of business in the first place. Money is important, but that was not the major reason I joined. I joined because I want to understand this business and create a career in it too.

For someone that joined to make money solely, that's why they fall prey to some scammers disguising as traders. If you can't use your head, someone will use it for you against you.

Reason why I didn't start and never made use of any indicators, forex signal groups, etc. If you are a pro, show me your trade calls, I won't take it but I wanna know why you are taking it instead so as to learn from it. I know money will come once the art of trading is mastered, so I'm never bothered to make money at my learning stage.

August will make it a year I joined, hopefully I will have bought and pass my second prop account by then. So I can fully come back and scream it so loud again that "Forex is so easy", those mofos here on FTA that are always irked when they hear that statement can go hug the nearest transformer, I give a rat a.ss.

I took a screenshot of this last week when @thissdax posted it on his IG story, that's my motivation. He said he started trading 2022, and started being profitable 1st quarter last year. See where he is now. Don't stop and get active.

Re: Forex Trade Alerts / Discussions: Season 24 by LAxYMAN: 10:48am On May 08
Cashhy11:
And this has continued again today. Another 1:2rr missed trade by less than a pip that heads to TP. Just one more winning trade and I'm done for the week.

How fa boss.
Pls which broker are u using, thier spread is nice even on a 5M timeframe
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 10:50am On May 08
LAxYMAN:


How fa boss.
Pls which broker are u using, thier spread is nice even on a 5M timeframe
Fundednext. I chose those pairs solely because of lower spreads. Other pairs have crazy spreads. These are the 6currency pairs I trade with them: EurGbp, EurUsd, UsdCad, AudUsd, NzdUsd and GbpUsd. I will soon remove EurGbp sef. It moves too slowly for its spread.
Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 11:04am On May 08
Re: Forex Trade Alerts / Discussions: Season 24 by DCroc: 11:07am On May 08
Peterfx01:
GU sells in profit secure something and leave the rest running if you too this signal a little appreciation won't hurt

NGN account

10pips. Why show 1m chart, just to make it look massive. Interesting

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by DCroc: 11:10am On May 08
F1re:
LDN🎯

Dis benefits no one, maybe its for show

200 pips isn't scalping. So nothing stops u from droppin chart the moment u place the trade. Wonder why none has called u 2 order.

4 Likes 1 Share

Re: Forex Trade Alerts / Discussions: Season 24 by DCroc: 11:17am On May 08
Your upbringing goes a long way to determine if trading will be easy or hard for you.

If u have goals of making your kids 2 be a trader, consciously start training them and equipping them with the necessary personal skills required

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 11:27am On May 08
peteregwu:
GBPAUD, I am anticipating a move to the upside at around 1.92432

Gbpaud is already in motion to the upside
Re: Forex Trade Alerts / Discussions: Season 24 by LincolnOnyeabor: 11:39am On May 08
F1re:


I started with $10 bro, scalp don't hold, be ruthless with cutting losses too.

I'm reading all your posts sir and I've made a couple of screenshots as well.


Your Trading style really resonates with what I what I like.

Could you throw more light on this Cutting losses sir

Also, what leverage do you use please??

2 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by Pondabrown: 11:59am On May 08
Cashhy11:
I think it all boils down why you join this line of business in the first place. Money is important, but that was not the major reason I joined. I joined because I want to understand this business and create a career in it too.

For someone that joined to make money solely, that's why they fall prey to some scammers disguising as traders. If you can't use your head, someone will use it for you against you.

Reason why I didn't start and never made use of any indicators, forex signal groups, etc. If you are a pro, show me your trade calls, I won't take it but I wanna know why you are taking it instead so as to learn from it. I know money will come once the art of trading is mastered, so I'm never bothered to make money at my learning stage.

August will make it a year I joined, hopefully I will have bought and pass my second prop account by then. So I can fully come back and scream it so loud again that "Forex is so easy", those mofos here on FTA that are always irked when they hear that statement can go hug the nearest transformer, I give a rat a.ss.

I took a screenshot of this last week when @thissdax posted it on his IG story, that's my motivation. He said he started trading 2022, and started being profitable 1st quarter last year. See where he is now. Don't stop and get active.

July will make it a year I started learning how to trade. I followed the same route as you(no signal group) had to learn everything on my own which takes time of course and very painful too grin grin grin
About Forex being easy: I will say that everybody learning process is different(some are slow learners while some are very fast via actually grabbing the logic of trading). The funny thing is, the strategy that I am using now is what I learned from BABYPIPS which I ignored earlier on due to the fact that I was looking for the HOLY GRAIL.

1 Like

Re: Forex Trade Alerts / Discussions: Season 24 by Rickk(m): 12:18pm On May 08
Here are the fundamentals of the tips.

1. Come to the market everyday with a clean slate.. No bias.

2. As a day trader, u really do not have any business with higher time frames.. 15 mins and below is your best bet.

3. I only trade London session and NY session.

No 1 & 2 I got from him, no 3 is my own personal strategy.
LincolnOnyeabor:


Care to share what some of those things are sir
I'm focusing only on Gold henceforth hence I need to understand her ways.

The Pump last night nearly tore my Cent Account to shreds.

Make una epp me oooo.

3 Likes

Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 12:32pm On May 08
Gold sell limit

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