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Forex Trade Alerts / Discussions: Season 24 - Business (405) - Nairaland

Nairaland ForumNairaland GeneralBusinessForex Trade Alerts / Discussions: Season 24 (465001 Views)

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Re: Forex Trade Alerts / Discussions: Season 24 by EXLOVER(m): 7:32am On Oct 29, 2024
G
Re: Forex Trade Alerts / Discussions: Season 24 by EXLOVER(m):
greatcheer:
I have lost everything I have financially and run into deep debts since my introduction to forex.
At this point I have to give myself brain and quit.
I make a little profit in the market and end up parting away with x 5 of profit and capital.
My greed index is too much and as a Virgo am a perfectionist which I think is not a good quality for a good trader.
Most successful trader have past through this phase, forex will make you question your village people, sometimes you will begin to reason maybe the girls you slept with has brought you misfortune.


Only this year i have been in debt of 1m twice, but i paid it all. There’s this guy on twitter that was in debt of $200m, but he paid all he’s now a successful trader. Na you fvck up if you give up.


I notice I’m my own problem, my technical is okay, but risk management is zero, don’t try to flip account by opening plenty positions, always put your stop loss very important, protect your capital, don’t wait for take profit always, anything the market give you take it, some people salary nor reach some of our profit of 50k, accept loses like a boss. Don’t fight the market. Don’t over trade.

$15 or $20 capital can make you millionaire, if you know what you’re doing and know how to manage risk. I dor blow account this year plenty times because i was not a fan of SL
Re: Forex Trade Alerts / Discussions: Season 24 by Freeeanijor: 7:56am On Oct 29, 2024
greatcheer:
I have lost everything I have financially and run into deep debts since my introduction to forex.
At this point I have to give myself brain and quit.
I make a little profit in the market and end up parting away with x 5 of profit and capital.
My greed index is too much and as a Virgo am a perfectionist which I think is not a good quality for a good trader.
Take time off, relax your mind, body and soul . Read books on mind, psychology. Question your believe about the market, compare your believe with other successful traders. Maybe the only hard work you need to do at this point is just to change your mind and believe system. There's something you are not doing right. Before you decide to quit try get yourself a good mentor with proven success records and if that fails you then go get yourself a new job.

People like you actually turn out to be the best mentor if you don't give up.
Re: Forex Trade Alerts / Discussions: Season 24 by successsam121: 8:48am On Oct 29, 2024
DISCIPLINE WILL TAKE YOU TO PLACES WHERE MOTIVATION CAN'T.
PATIENCE IS THE KEY TO GOOD SUCCESS.

As a struggling non profitable traders, you will find these - Discipline and Patience on higher timeframe basically Daily TF. Start from there, you will begin to make little or no mistakes as it (D1) teaches you to be patient and discipline in your trading decisions. Also, it reduces over trading. Adopt end-of-day trading.
Also get a daily job or daily hussle to keep you busy and take your eyes and mind off (may be not completely) fx market during the day. Those market/trading wizards/gurus that are raking 5-6 figures in profit are not always on their computers all day long. They won't tell you that.
Lastly, don't be undercapitalized. Prop forms are at our rescue these days.

Things are hard in the country, let us stop wasting our hard earned money to brokers and props. $50 is like a fortune to an average family nowadays. You can trade demo accounts for months or as long as you feel you are better and can stand a chance in the live market. No shame in that, you are still a fx trader. Be PATIENT with yourself, be DISCIPLINED.

Still, a humble learner!
Re: Forex Trade Alerts / Discussions: Season 24 by FxExpo(m): 5:33pm On Oct 29, 2024
I agreed with this I now remember when I use to spend time watching YouTube videos on forex trading strategies but the system I have now is what God gave me personally, all the videos I watched add nothing to my trading system.
Succhrisfx:
"The thing I love the most about forex trading is that there's an infinite amount of ways you can do it.

Every single person trying to learn how to trade has the ability to develop their own successful trading system, personalised to themselves.

The only thing stopping you from developing your own personalised money printing system is your lack of focus. You're too distracted with what others are trying to sell you. Why would you pay someone to teach you flawed ways? Any way that is not your way in trading is flawed. I can teach you my ways and I guarantee you will still manage to blow it because it isn't your personal way.

You have to understand you will reach a point in your trading career where you need to stop learning and you need to start developing. Stop trying to learn the holy grail and start developing the holy grail.

The hilarious thing is, it's the developing stage where all the real learning happens.

I promise every single one of you reading this has the ability to develop the most insane profiting trading system if you just focused on building your own personalised trading plan.

Stop wasting time, you've got lots of planning to do."

@Fctrader88
Re: Forex Trade Alerts / Discussions: Season 24 by GabsonFX2:
kiss
Re: Forex Trade Alerts / Discussions: Season 24 by boom99(m): 5:38am On Oct 30, 2024
GabsonFX2:
grin
Welcome sir
Re: Forex Trade Alerts / Discussions: Season 24 by GabsonFX2:
Re: Forex Trade Alerts / Discussions: Season 24 by Donsheddy(op): 6:03am On Oct 30, 2024
GabsonFX2:
Fundednext - hidden rules

Woke up this morning with this mail on their hidden rules - props want your money for sure, and your loss is their gains.

There is the Max daily DD 5%, the Max Overall DD 10%, now email came in with Max DD per trade or combined 1% and a compulsory SL.

I personaly feel props are going down. If you already cashed out, best time to run.

Attached!
Sharp...
I guess they sent this to you because of the risk you normally use...
How often do you take trades with risk above 2% ?
Re: Forex Trade Alerts / Discussions: Season 24 by LincolnOnyeabor: 7:32am On Oct 30, 2024
GabsonFX2:
grin
Welcome back sir
Re: Forex Trade Alerts / Discussions: Season 24 by Donsheddy(op): 7:43am On Oct 30, 2024
Omor where gold dey go like this self... I pray i won't be in the market when the dump will eventually happen
Re: Forex Trade Alerts / Discussions: Season 24 by Emmizay12(m): 8:20am On Oct 30, 2024
greatcheer:
I have lost everything I have financially and run into deep debts since my introduction to forex.
At this point I have to give myself brain and quit.
I make a little profit in the market and end up parting away with x 5 of profit and capital.
My greed index is too much and as a Virgo am a perfectionist which I think is not a good quality for a good trader.
If doesn't matter if you have big wins
If you cannot control losses, you always be on the opposite side of profitability

If making money is at the back of your mind in each trade, you will always lose money
If you make 1 million monthly and your expenses are 1.5million monthly you will eventually bankrupt

What is the secret?
You have to learn how to cut losses quickly
You have to learn how to cut losses quickly
You have to learn how to cut losses quickly without an ounce of emotion

You have to treat EVERY SINGLE trade as a potential loss
If you risk 1% of your account on each trade
Your target should you lose, should be less than 1%

Shift your mindset from Wins to losses
Learn how to expertly lose trades, the market will automatically put money in your pocket
Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 8:40am On Oct 30, 2024
GabsonFX2:
grin
cheesy

Chief, welcome back 💪😎
Re: Forex Trade Alerts / Discussions: Season 24 by BinaryRocks: 9:15am On Oct 30, 2024
GabsonFX2:
grin
Baba long time.
Re: Forex Trade Alerts / Discussions: Season 24 by Donsheddy(op): 9:37am On Oct 30, 2024
Hi
Re: Forex Trade Alerts / Discussions: Season 24 by Alexas58: 9:52am On Oct 30, 2024
GabsonFX2:
Fundednext - hidden rules

Woke up this morning with this mail on their hidden rules - props want your money for sure, and your loss is their gains.

There is the Max daily DD 5%, the Max Overall DD 10%, now email came in with Max DD per trade or combined 1% and a compulsory SL.

I personaly feel props are going down. If you already cashed out, best time to run.

Attached!
Loll
Make I tell you wetin you do

You go buy express account with consistency 🤣🤣🤣🤣🤣

U think say u Dey wise
Re: Forex Trade Alerts / Discussions: Season 24 by blackman007: 12:24pm On Oct 30, 2024
GabsonFX2:
Fundednext - hidden rules

Woke up this morning with this mail on their hidden rules - props want your money for sure, and your loss is their gains.

There is the Max daily DD 5%, the Max Overall DD 10%, now email came in with Max DD per trade or combined 1% and a compulsory SL.

I personaly feel props are going down. If you already cashed out, best time to run.

Attached!
Sir please train me, I don try everything, I’m still not profitable
Re: Forex Trade Alerts / Discussions: Season 24 by GabsonFX2:
Re: Forex Trade Alerts / Discussions: Season 24 by Donsheddy(op): 2:33pm On Oct 30, 2024
Alexas58:
Loll
Make I tell you wetin you do

You go buy express account with consistency 🤣🤣🤣🤣🤣

U think say u Dey wise
It's not express account...
Fundednext frowns against consistent use of high risk on live account stage...
If flagged they will send you a warning email.... If you still continue with such way of trading they either reduce your leverage to 1:50 or close down the account entirely...
Read the terms and conditions when doing kyc
Re: Forex Trade Alerts / Discussions: Season 24 by Alexas58: 3:56pm On Oct 30, 2024
Donsheddy:
It's not express account...
Fundednext frowns against consistent use of high risk on live account stage...
If flagged they will send you a warning email.... If you still continue with such way of trading they either reduce your leverage to 1:50 or close down the account entirely...
Read the terms and conditions when doing kyc
Thanks
I’ve not used funded next live account

If they’re hidden rules coming out

Something must be wrong

But I have an express non consistent 15k account
I’m on
Cos of the method I use
Re: Forex Trade Alerts / Discussions: Season 24 by Alexas58: 3:57pm On Oct 30, 2024
GabsonFX2:
You are wrong
Yes..
I was wrong
Something must be wrong

Can you pls keep updating us
If anything happens?

I’m always open to new learnings
Re: Forex Trade Alerts / Discussions: Season 24 by Donsheddy(op): 4:11pm On Oct 30, 2024
Alexas58:
Thanks
I’ve not used funded next live account

If they’re hidden rules coming out

Something must be wrong

But I have an express non consistent 15k account
I’m on
Cos of the method I use
The rules are not hidden
Re: Forex Trade Alerts / Discussions: Season 24 by Alexas58: 4:20pm On Oct 30, 2024
Donsheddy:
The rules are not hidden
Thanks
It’s to stick to their rules na

But you can use high lot size to scale challenges rite?
Explain it better for me sha
Re: Forex Trade Alerts / Discussions: Season 24 by Donsheddy(op): 4:21pm On Oct 30, 2024
Alexas58:
Thanks
It’s to stick to their rules na

But you can use high lot size to scale challenges rite?
Explain it better for me sha
Yes no restrictions...
Re: Forex Trade Alerts / Discussions: Season 24 by Alexas58: 4:26pm On Oct 30, 2024
Donsheddy:
Yes no restrictions...
Thanks

Stay blessed the don
Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 4:32pm On Oct 30, 2024
Buying AUDCHF, a bit of a risky trade.

Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 4:43pm On Oct 30, 2024
Donsheddy:
The vawulence didn't go as planned too dull...
Chief DONgote of Season 24, you promised me a lot in this your tenure o, but I no see any 🙈

You say for this your season 24, my SL no go hit. But na this year gan gan my SL hit pass 😀

You say vawulence go plenty to the extent that I'll not need to worry about Naija's present economy situation. But dat one (vawulence), too, I no see. Instead, na Tea I dey drink in Pain 🤕

Abeg, I need a new dispensation (with her promises) Na candidate wey go promise me free mentorship I go vote for 💪

Lets get ready to pick our Season 25 Anchor, come next month (November) or December.

Peace 🥰✌
Re: Forex Trade Alerts / Discussions: Season 24 by Donsheddy(op): 4:46pm On Oct 30, 2024
samfelly:
Chief DONgote of Season 24, you promised me a lot in this your tenure o, but I no see any 🙈

You say for this your season 24, my SL no go hit. But na this year gan gan my SL hit pass 😀

You say vawulence go plenty to the extent that I'll not need to worry about Naija's present economy situation. But dat one (vawulence), too, I no see. Instead, na Tea I dey drink in Pain 🤕

Abeg, I need a new dispensation (with her promises.) Na candidate wey go promise me free mentorship I go vote for 💪

Lets get ready to pick our Season 25 Anchor, come next month (November) or December.

Peace 🥰✌
Omor The hunger wey tpain bring this year people no even get strength for vawulence again 😁😁

For sure next month ending we go pick the next anchor 🤣🤣,
Season 24 come dull...
Everybody just dey cash out on the low.... 🏃‍♂️
Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 4:50pm On Oct 30, 2024
Donsheddy:
Omor The hunger wey tpain bring this year people no even get strength for vawulence again 😁😁

For sure next month ending we go pick the next anchor 🤣🤣,
Season 24 come dull...
Everybody just dey cash out on the low.... 🏃‍♂️
😀😀😁 indeed, na who chop belle full go get strength take fight 👌
Re: Forex Trade Alerts / Discussions: Season 24 by Donsheddy(op): 5:12pm On Oct 30, 2024
samfelly:
😀😀😁 indeed, na who chop belle full go get strength take fight 👌
Real matters...
Dem carry the wahala go telegram 🤣
Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 5:34pm On Oct 30, 2024
Donsheddy:
Real matters...
Dem carry the wahala go telegram 🤣
Them dey always forget say na here (NL) we designate for vawulence 😁
Re: Forex Trade Alerts / Discussions: Season 24 by Donsheddy(op): 6:15pm On Oct 30, 2024
samfelly:
Them dey always forget say na here (NL) we designate for vawulence 😁
No mind them
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