₦airaland Forum

Donsheddy:
Gold is bae...
Only greed and over trading can kill you in gold...
Her moves are straight forward...
If she wants to buy she buys well..
If she wants to selll she sells well...

I can't say same for gu...

You don finish the gist, I have seen some incredible verified track records of some golddiggers. That assest moves smoothly 👌

realone12:
boss I have questions.. pls are you day trading or swing trading?. on average how long does it normally take before your trade hit TP when aiming for 1:3 RR or above? and lastly on average how many trades do you take per week?
thanks as you respond

Boss I don't swing that's why I focus mainly on Gold, I'm an emotional trader , I consider trading psychology more than any other thing out there, I love to bleed quickly and stop.

Your questions, how long does it take to hit Tp aiming 1:3rr? My position doesn't exceed more than 5-10mins before hitting SL and my TP are always hit between 30 minutes-2hrs maximum, I risk 25pips which is fixed and target 100 pips. Is obvious that 25pips look so small on gold but when you trade on 1m time frame you will realize that 25pips is big.

I'm session trader ,I open shop in London session(8-11am) and if I didn't see anything solid I will wait for New York session(2:30 -6pm). Sometimes I can go all day without taking a trade. But I'm pretty sure I open at least 3-5 position weekly. I trade like almost this moniker @F1re.

Disclaimer, not the best way of trading but I'm pretty I know some good traders making it big scalping, swinging and positioning. The goal is to trade with care free state of mind and make money.

Donsheddy:
Gold is bae...
Only greed and over trading can kill you in gold...
Her moves are straight forward...
If she wants to buy she buys well..
If she wants to selll she sells well...

I can't say same for gu...

And if she wants to range, she ranges/consolidates well

BeginnerTrader:
Boss I don't swing that's why I focus mainly on Gold, I'm an emotional trader , I consider trading psychology more than any other thing out there, I love to bleed quickly and stop.

Your questions, how long does it take to hit Tp aiming 1:3rr? My position doesn't exceed more than 5-10mins before hitting SL and my TP are always hit between 30 minutes-2hrs maximum, I risk 25pips which is fixed and target 100 pips. Is obvious that 25pips look so small on gold but when you trade on 1m time frame you will realize that 25pips is big.

I'm session trader ,I open shop in London session(8-11am) and if I didn't see anything solid I will wait for New York session(2:30 -6pm). Sometimes I can go all day without taking a trade. But I'm pretty sure I open at least 3-5 position weekly. I trade like almost this moniker @F1re.

Disclaimer, not the best way of trading but I'm pretty I know some good traders making it big scalping, swinging and positioning. The goal is to trade with care free state of mind and make money.

very well, thanks for sharing this with us.. keep winning Boss. time to change your name from BeginnerTrader to ExperienceTrader

BeginnerTrader:
You don finish the gist, I have seen some incredible verified track records of some golddiggers. That assest moves smoothly 👌

People like Dierathegolddigger and True Lera (RBV) who trade only gold confirm that trading gold is nothing like no other. I believe anyone who can trade currencies can trade gold.

I would say gold is not straight forward it retrace very well that am sure of, so you just have to be smart I don't trade gold that much again am fully an oil trader and started currency pairs recently.

When trading oil I aim 1:1.3-1.5rr it may look small but with 95% profitability I beat any gold trader oil is simple you just need to understand timing that what I learnt from oil, I would say 100% but people here will attack me so I risk high like 200$ 500$ and a 1.5rr with 95% I take 5 trades a week so do the calculation.

BeginnerTrader:
Great insights, let me establish my little understanding about this Xauusd. I don't actually The problem is proper risk Management, which many of us have neglected. I wish to size up a little bit in the future but not until I have convinced my self that I can't loose 4-5 in a row. For now, I don't think I can trade anything apart from gold (which is biblical) to any tradable assets out there. As a session trader, gold is a bae 😍 ❤️

You are very correct, everyone has his own way of analsying market structure. Patience, MM and spotting good opportunities at the right time are many ways traders explore to be successful. And that is what is called an edge. The koko is no matter what you trade, make sure you make money consistently. That is when you will be called a profitable trader.
Another uk-naija guy just cashed out from fundednext YT episode released today. Guess what? RR 1:10 trader; on gold only..
How much : over $43k profits.

All I can say is gold is a bullish asset...
Whenever you get bull signal be confident...
But if you're selling always have your two eyes open in search of bull signs...
If you get any...
Run out my bro ..

Above all be risk vigilant... Dont over trade and chase the market because once gold moves its not turning back....
That's the little ive learnt from my time trading gold..

harizonal123:
Our watch words should be risk management and survival not profit making in the next few months. If your strategy scale through these three months, then I will say you have made significant progress. I gave back nearly all my profit I made during the week by just trading on Friday but I'm not bothered.

Does this really work I mean the quote on the picture... Don't get me wrong sir but I will suggest you re-strategize.

LincolnOnyeabor:
This is the Broker.

I've withdrawn a couple of times from them.

And their customer service is top Notch.

Though not Big Money like that sha ooo

Your crypto payment service needed on FTA telegram channel! Very urgent.

Luada:
Full time oil trader with 95% win rate

lovely to hear.....with what i saw on the charts, the trendy movement is crazy.....it moves like a shitcoin...which is exciting because, if ones stratgey makes sense, thats some millions weekly...am jumping on this wagon next week,

the twists and turns on EU, though i can surmont, its like an untarred road in inyanaipaja..lol

jumping on crude oil next week, the looks like a smooth tarred road.

hope the brokers dont charge too much, any ways ill find out first hand next week,...

nice to meet you

cescky:
lovely to hear.....with what i saw on the charts, the trendy movement is crazy.....it moves like a shitcoin...which is exciting because, if ones stratgey makes sense, thats some millions weekly...am jumping on this wagon next week,

the twists and turns on EU, though i can surmont, its like an untarred road in inyanaipaja..lol

jumping on crude oil next week, the looks like a smooth tarred road.

hope the brokers dont charge too much, any ways ill find out first hand next week,...

nice to meet you

Yeah
Oil is always trending, I try to identify the trend before London session and enter the trend use volume and am done quite simple but took me months to know that, I just study any instrument I want to trade being on oil since March.

haryodehjia:
Does this really work I mean the quote on the picture... Don't get me wrong sir but I will suggest you re-strategize.

It's just a "guide" to trade with caution. Historical data shows that major players usually go on vacation during summer months leading to low volume and volatility.

dennison4luv:
Greetings to everyone here

Dennison, how you dey nah? Been a long while o. Hope you doing good? And your recently funded account, hope you still cashing out out of it? All the best, chief. Cheers

Sometimes, I often wished forex trading go just smooth and straightforward like this road but, nope! e no smooth and straightforward 🤕

samfelly:
Sometimes, I often wished forex trading go just smooth and straightforward like this road but, nope! e no smooth and straightforward 🤕

Smooth sea never made a skillful sailor. If it was that smooth every professional and newbie in the game would be cashing out daily. Forex would no longer be a zero-sum game. Still, I understand your sentiment, especially when one is financially bleeding from trading. This I will say, hang in there - you are in the phase of the making of a pro-trader.

PriceActionZ:
***a nigerian guy (@DeGreenFX on twitter) cashed out from alphacapitaluk like 2 days ago, over $21k, second pay out, and now owns more than 4 big size prop accounts someone that barely traded 100$ account 2 years ago.

**** A nigerian guy that dropped out of seminary 2 years ago, borrowed money and invested it in a broker, ( dont try this if you dont know what you are doing) took the gain to buy 200K account straight, Got paid by fundednext last few weeks over $31k

***** an Asian guy who has been paid over $500k in the pst 2 years , ( I have to track this one from his discord to twitter then to YouTube, just to have a glimpse of who he is and how he trade). He hardly gives interviews, but eventually i got him.
https://www.youtube.com/watch?v=cU0dNiERNIc&t=66s ...
They have one single thing in common after doing my extensive researches in their trading, they are high risk-taker , swinging WITH RR more than 1;3.
Many things i have learned in recent times about many top paying guys from the prop industries. it's mind-blowing. i tracked many of their trades on Twitter, and what it looks like. i have learned something new. Similar formula, similar risk...mmmmm

I love what you shared my friend, please keep up sharing encouraging videos.

Something to share with fam today. Try to on your trade history arrows on mt5 and watch how you would have been more profitable if only you leave your winning trades to run longer by increasing your RR.

I went through mine and I've been doing injustice to myself by leaving the table too early than not leaving too early. I will be trading same way but practicing set and forget starting from tomorrow and till God knows when. The realistic way to combat it is to practise set and forget! And that's exactly what I'm doing.

If you doubt what I'm saying, just open your mt5 and see how trade continues to go your direction more times after taking profit, than not after taking. Your edge might be very good, maybe it's just the RR messing you up brothers in the long run.

Another profitable week we hope.

The goal is same SL size, but increased TP. If 5 reverses after you take profit, and 3 continued, you will still make more than leaving early. It's a game of probabilities, you wanna make more when you're right to cancel those times you're wrong. Stay blessed fam.

BeginnerTrader:
Boss I don't swing that's why I focus mainly on Gold, I'm an emotional trader , I consider trading psychology more than any other thing out there, I love to bleed quickly and stop.

Your questions, how long does it take to hit Tp aiming 1:3rr? My position doesn't exceed more than 5-10mins before hitting SL and my TP are always hit between 30 minutes-2hrs maximum, I risk 25pips which is fixed and target 100 pips. Is obvious that 25pips look so small on gold but when you trade on 1m time frame you will realize that 25pips is big.

I'm session trader ,I open shop in London session(8-11am) and if I didn't see anything solid I will wait for New York session(2:30 -6pm). Sometimes I can go all day without taking a trade. But I'm pretty sure I open at least 3-5 position weekly. I trade like almost this moniker @F1re.

Disclaimer, not the best way of trading but I'm pretty I know some good traders making it big scalping, swinging and positioning. The goal is to trade with care free state of mind and make money.

My niggggg.a🙌. I love you no cap. @F1re is a mini god, that guy is nowhere to be found now, maybe he feels too big for this space now. I remembered how people came for him too for posting winnings after winnings. That guy barely had a losing day not to talk of week.

Keep digging my brother, we need to get these racks stacked up, maybe we might even plan a get together this year because I just love what I'm seeing here this year. More people giving prop firms a.nal back to back.

Please where's boss Gab, been long that god posted here.

[justquote author=Cashhy11 post=130622711]Something to share with fam today. Try to on your trade history arrows on mt5 and watch how you would have been more profitable if only you leave your winning trades to run longer by increasing your RR.

I went through mine and I've been doing injustice to myself by leaving the table too early than not leaving too early. I will be trading same way but practicing set and forget starting from tomorrow and till God knows when. The realistic way to combat it is to practise set and forget! And that's exactly what I'm doing.

If you doubt what I'm saying, just open your mt5 and see how trade continues to go your direction more times after taking profit, than not after taking. Your edge might be very good, maybe it's just the RR messing you up brothers in the long run.

Another profitable week we hope.

The goal is same SL size, but increased TP. If 5 reverses after you take profit, and 3 continued, you will still make more than leaving early. It's a game of probabilities, you wanna make more when you're right to cancel those times you're wrong. Stay blessed fam.[/quote]you're right. Swing trading is the best when you know the direction of the market. For example Gj is setting to shoot to 214.. imagine longing to 214 after it did retest of breakout. But how many people ft wait that long? Another thing people complaining gold is that we don't look at DXY index . For past few weeks now dxy has bn bullish that's why it seems gold usually pump for 4 days and use Friday to dumb all

Cashhy11:
Something to share with fam today. Try to on your trade history arrows on mt5 and watch how you would have been more profitable if only you leave your winning trades to run longer by increasing your RR.

I went through mine and I've been doing injustice to myself by leaving the table too early than not leaving too early. I will be trading same way but practicing set and forget starting from tomorrow and till God knows when. The realistic way to combat it is to practise set and forget! And that's exactly what I'm doing.

If you doubt what I'm saying, just open your mt5 and see how trade continues to go your direction more times after taking profit, than not after taking. Your edge might be very good, maybe it's just the RR messing you up brothers in the long run.

Another profitable week we hope.

The goal is same SL size, but increased TP. If 5 reverses after you take profit, and 3 continued, you will still make more than leaving early. It's a game of probabilities, you wanna make more when you're right to cancel those times you're wrong. Stay blessed fam.

You're right, but you must leave something on the table. I think having a set TP is better so you don't have a trade reverse on you because you wanted to squeeze more

t2sco:
you're right. Swing trading is the best when you know the direction of the market. For example Gj is setting to shoot to 214.. imagine longing to 214 after it did retest of breakout. But how many people ft wait that long? Another thing people complaining gold is that we don't look at DXY index . For past few weeks now dxy has bn bullish that's why it seems gold usually pump for 4 days and use Friday to dumb all

I don't even plan to swing that much, just increasing to some 1:5rr with a SL of 6-10pips is all I wanna do. I don't intend to catch all the massive moves since I spot most of my trades on a lower TF, so I should be able to bank 30-50pips easily.

Jpy pairs? I fear that pair ehn, with those crazy spikes that happens sometimes where you see 200pips move on a 1minute candle. With my measly 10pips SL, that mofo will jump it and dump me in a massive drawdown. So I avoid that pair like Ebola o.

Gozzylala:
You're right, but you must leave something on the table. I think having a set TP is better so you don't have a trade reverse on you because you wanted to squeeze more

I did the maths brother, the increased RR will cover for the ones that will reverse because some of them if not most of them will surely do. I ain't scared of it. I'm talking about the long run. That popular phrase "cut your losers short and let winners run" means what?

I know someone who basically do 1:10, he doesn't care how many times it reverses, but you and I know it will go his way at least twice out of 10. Two winnings for him is 20 and the other 8losses means he's left with 12% if he risks 1% of his account on each trade. Even if it goes twice out of 20, he's still breakeven or in little profits after deducting commissions and all.

I'm not preaching anything or giving advice, I'm just trying to let some people see things from another angle, it's not about changing strategies after strategies. It could be the discipline to wait is all that's left for some of us to become profitable. Maybe, maybe not. I guess time will tell.

Sundays are for what again? For looking at the chart before the market opens. And for some, for peering inward.

So, I sat down and reflected on my trading wins and losses and I realized, apparently, that I might just be 'enjoying' hurting myself.

Because I no know why I go trade $50k, $10k and $5ks Prop Firms' accounts reach phase 2 and funded and I go come carry phone dey hold meetings with ma 'village pipo' dey tell them and ask them, at the same; 'I wan blow o. Make I blow or make I no blow?'

And to make matters worse, I go see am clearly say my beloved Gold don go borrow the devil's staff and I go still dey stronghead dey say the staff no long enough to pitchforked me (smh)

Bottom line, I lost a $50k account, sometimes ago. Recently, 2 of my last three remaining $5ks account don bite the dust; all thanks to last Friday's Golden BEARS. And my just funded FFT $1k account don dey wobble like efccc's court case with He-Who-Must-Not-Be-Named (here)

Meanwhile, the title of this whole story na, To Be Frank and Serious, I Am Not Serious (sigh 😞😔)

And talking about efccc, since poli-thief-cians often reward themselves handsomely in this country and not get scratched, deeply, by the eagle's claws, maybe I should abort trading and go become a 'legis-thief-tor,' because I still haven't learned any lesson (If "I've Learned a Lesson" was a human being, he for don serve many of us for FTA/D court letter, for defamation)

Peace, I'm out 😒

Cashhy11:
My niggggg.a🙌. I love you no cap. @F1re is a mini god, that guy is nowhere to be found now, maybe he feels too big for this space now. I remembered how people came for him too for posting winnings after winnings. That guy barely had a losing day not to talk of week.

Keep digging my brother, we need to get these racks stacked up, maybe we might even plan a get together this year because I just love what I'm seeing here this year. More people giving prop firms a.nal back to back.

Please where's boss Gab, been long that god posted here.

Bro it's good to hear from you again.
My own input for the forum is, "have standard. Just like a naija babe don't go below your set standard" don't compromise if a step up isn't up to your standard, don't jump in.

samfelly:
Sundays are for what again? For looking at the chart before the market opens. And for some, for peering inward.

So, I sat down and reflected on my trading wins and losses and I realized, apparently, that I might just be 'enjoying' hurting myself.

Because I no know why I go trade $50k, $10k and $5ks Prop Firms' accounts reach phase 2
and funded and I go come carry phone dey hold meetings with ma 'village pipo' dey tell them and ask them, at the same; 'I wan blow o. Make I blow or make I no blow?'

And to make matters worse, I go see am clearly say my beloved Gold don go borrow the devil's staff and I go still dey stronghead dey say the staff no long enough to pitchforked me (smh)

Bottom line, I lost a $50k account, sometimes ago. Recently, 2 of my last three remaining $5ks account don bite the dust; all thanks to last Friday's Golden BEARS. And my just funded FFT $1k account don dey wobble like efccc's court case with He-Who-Must-Not-Be-Named (here)

Meanwhile, the title of this whole story na, To Be Frank and Serious, I Am Not Serious (sigh 😞😔)

And talking about efccc, since poli-thief-cians often reward themselves handsomely in this country and not get scratched, deeply, by the eagle's claws, maybe I should abort trading and go become a 'legis-thief-tor,' because I still haven't learned any lesson (If "I've Learned a Lesson" was a human being, he for don serve many of us for FTA/D court letter, for defamation)

Peace, I'm out 😒

Uncle Samfelly take it easy on yourself abeg.

All i have to say is that...

Exit strategy is as good as entry strategy

samfelly:
Sundays are for what again? For looking at the chart before the market opens. And for some, for peering inward.

So, I sat down and reflected on my trading wins and losses and I realized, apparently, that I might just be 'enjoying' hurting myself.

Because I no know why I go trade $50k, $10k and $5ks Prop Firms' accounts reach phase 2 and funded and I go come carry phone dey hold meetings with ma 'village pipo' dey tell them and ask them, at the same; 'I wan blow o. Make I blow or make I no blow?'

And to make matters worse, I go see am clearly say my beloved Gold don go borrow the devil's staff and I go still dey stronghead dey say the staff no long enough to pitchforked me (smh)

Bottom line, I lost a $50k account, sometimes ago. Recently, 2 of my last three remaining $5ks account don bite the dust; all thanks to last Friday's Golden BEARS. And my just funded FFT $1k account don dey wobble like efccc's court case with He-Who-Must-Not-Be-Named (here)

Meanwhile, the title of this whole story na, To Be Frank and Serious, I Am Not Serious (sigh 😞😔)

And talking about efccc, since poli-thief-cians often reward themselves handsomely in this country and not get scratched, deeply, by the eagle's claws, maybe I should abort trading and go become a 'legis-thief-tor,' because I still haven't learned any lesson (If "I've Learned a Lesson" was a human being, he for don serve many of us for FTA/D court letter, for defamation)

Peace, I'm out 😒

I feel you, brother. Losing prop firm accounts of those sizes can be really destabilising to the morale, I know. You've come too far to quit. You may need to take a step back and evaluate your trades from a neutral angle separating the wins from the losses, and isolating the differences between them with the aim to exploit the information as your edge.

Eagba:
Bro it's good to hear from you again.
My own input for the forum is, "have standard. Just like a naija babe don't go below your set standard" don't compromise if a step up isn't up to your standard, don't jump in.

Lool, I use set and forget for this thread also. I only check in here only on weekends now. That's just it, be extremely strict till you become a trading robot that you don't flinch when everything doesn't align.

I'm practicing set and forget so judiciously now. because watching price action most times can be so confusing sometimes and fear grips you so bad. So you just have to accept the risk of losing and hope you win. That's it.

Cashhy11:
Lool, I use set and forget for this thread also. I only check in here only on weekends now. That's just it, be extremely strict till you become a trading robot that you don't flinch when everything doesn't align.

I'm practicing set and forget so judiciously now. because watching price action most times can be so confusing sometimes and fear grips you so bad. So you just have to accept the risk of losing and hope you win. That's it.

Thanks
Learnt alot from you mostly on the psychological part of trading

Cashhy11:
Something to share with fam today. Try to on your trade history arrows on mt5 and watch how you would have been more profitable if only you leave your winning trades to run longer by increasing your RR.

I went through mine and I've been doing injustice to myself by leaving the table too early than not leaving too early. I will be trading same way but practicing set and forget starting from tomorrow and till God knows when. The realistic way to combat it is to practise set and forget! And that's exactly what I'm doing.

If you doubt what I'm saying, just open your mt5 and see how trade continues to go your direction more times after taking profit, than not after taking. Your edge might be very good, maybe it's just the RR messing you up brothers in the long run.

Another profitable week we hope.

The goal is same SL size, but increased TP. If 5 reverses after you take profit, and 3 continued, you will still make more than leaving early. It's a game of probabilities, you wanna make more when you're right to cancel those times you're wrong. Stay blessed fam.

You dey follow Alexfxg abi ? Set and forget is deadly