₦airaland Forum

samfelly:
That means we go dey monitor every traders' trade, each day in order to filter out those who hit daily dd, if they didn't come forward to owe up

We'll have to rule out myfxbook o. Drawdown that it has and registers on account, no clear

samfelly:
We are not talking or looking for ordinary trial/demo account from Brokers, but a trial account that comes with drawdown parameters, kinda.

If you are familiar with fxblue and what they do b4 they catapulted, then broker's demo/trial account would sufficed.

Since we can not, presently, employ fxblue service, we now look toward Prop firm's trial account that allows trading for a period of one month. The Prop firm's account comes with drawdown parameters that'll help scrutinize each of us, automatically, in the competition.

I am testing few things out. We are close to getting what might work. Although, there'll be few complaints, but we'll manage 😁

Alpha Capital's Free Trial was what I was testing. It has 30 days trading duration but came with a little hiccup - 8% Profit Target (instead of the conventional 10%)

Once any trader hits the 8%, trading on the account would be disabled, automatically, by the firm (see attached)

. . . Further updates, coming

CC: Infofirst

BTCproMax:
Ha-ha..😃

Boss.. you wan enter speed-lain now?

I think it's about time 😁😁

zedegit:
Even if you be guru, remember say market nobi ya mate. Na on top $18 you knack 0.03 lot?Na even almost same position you open am. Come still talk say na investor money? So person give you $1000 na so you wan run am?

Hmm. This one na gamble. Because any mistake that money go enter Forest. Na why you go hear story like I flip $25 to $300 but I come blow am.

Yeah.

That's actually the lowest lot on that particular pair on deriv. And I didn't enter the 3 at once. The last position was entered after I'd broken even on the other 2.

Entered this like 15mins ago.

You can enter now also. TP is at that H4 highs.

randy01:
I was still on this trade on fundednext as close as this trade went to my SL.i did not get taken out

Exness own worst, took me out without hitting the SL imagine the gap

jueezyjaey:
Exness own worst, took me out without hitting the SL imagine the gap

I just open hfm to be used this upcoming week.i pray I don't experienced this.

Donsheddy:
Nice so on a 10k account... 200$ is good risk
I need validation for the bad habit wey i wan start like this

no experience or profitable trader will ever advise you to risk this much on your account.
even jeff benson on his $1m account risk only 0.5% with a minimum of 1:3rr.
don’t learn the hard way o

jueezyjaey:
Exness own worst, took me out without hitting the SL imagine the gap

Main reason I don't blame those who don't trade with SL.all this broker and and some prop firm are wicked.imagine benefit on commission and swap fee is not enough for them.we understand prop don't want many trader to win but what is broker stand to gain by doing all this ?

randy01:
I just open hfm to be used this upcoming week.i pray I don't experienced this.

This is the major reason why I stopped using brokers that use spread and ported to hfm!


Zero spread
Zero swap
But you will pay commissions ehn!

But for the money, prop firm can help beginners like us to start milking them.

I hate prop firms because of their useless spread and what they call slippage!


But every firm runs on the model that they feel
Would be able to sustain them in biz for long

Starting my forex journey wish me luck !

CeeJeckydivah:
Starting my forex journey wish me luck !

May the gods of forex trading be with you..

Reserve like two years to cry first!
And don’t fund or put any money into prop firms

Don’t buy any account!


If you listen to what I’m talking you. You’ll know why many traders after knowing the game don’t have funds any more

Dedicate 2 years to learning before buying a prop firm or funding account

FTMO
FundedNext
Deriv offer free demo accounts on prop firms

Choose 5k account or 10k account when you are using the demo account

Gracias!

Alexas58:
This is the major reason why I stopped using brokers that use spread and ported to hfm!


Zero spread
Zero swap
But you will pay commissions ehn!

But for the money, prop firm can help beginners like us to start milking them.

I hate prop firms because of their useless spread and what they call slippage!


But every firm runs on the model that they feel
Would be able to sustain them in biz for long

I open hfm cent account.the no spread is not a joke but I have working on how to wide my SL since morning.we will get there one day bro

Alexas58:
May the gods of forex trading be with you..

Reserve like two years to cry first!
And don’t fund or put any money into prop firms

Don’t buy any account!


If you listen to what I’m talking you. You’ll know why many traders after knowing the game don’t have funds any more

Dedicate 2 years to learning before buying a prop firm or funding account

FTMO
FundedNext
Deriv offer free demo accounts on prop firms

Choose 5k account or 10k account when you are using the demo account

Gracias!

Thanks

randy01:
Main reason I don't blame those who don't trade with SL.all this broker and and some prop firm are wicked.imagine benefit on commission and swap fee is not enough for them.we understand prop don't want many trader to win but what is broker stand to gain by doing all this ?

That swap fee and commission is so annoying
Na one be this

randy01:
I open hfm cent account.the no spread is not a joke but I have working on how to wide my SL since morning.we will get there one day bro

The no spread is not a joke
It’s real, and it’s also swap free

To widen your stop loss is simple reduce your lot size

Lot size stop loss for 0.1 is * 10 that of 0.01
If 0.1 is 500 dollapo loss

0.01 will be 50 dollapo loss

Dannydrums889:
That swap fee and commission is so annoying
Na one be this

Many swing trader turn day trader cuz of this swap fee.crypto trader who trade on exchange have no business with all this brouhaha.this swap fee already took more 30% profit.we go dey alright last last

Alexas58:
The no spread is not a joke
It’s real, and it’s also swap free

To widen your stop loss is simple reduce your lot size

Lot size stop loss for 0.1 is * 10 that of 0.01
If 0.1 is 500 dollapo loss

0.01 will be 50 dollapo loss

Thanks

zedegit:
Bro nobi say the rules too complicate o. Because you go don calculate am know whether na 100 pip or so you go dey target. You go need like 6 to 10 trade to pass am if losses enter.

Na the forced lot be the main Koko. Dem go force you trade 0.05 minimum on top $3k account. If you blow 100pip 5 times otilor unless na the $1k instant be 0.01, you go need blow 100pip 9 times but if you reduce am to 60 or 70 pips you fit get like 12.. chance.
I hope say dem go last make you see withdrawal collect.


Las las no buy prop account if you no get better strategy.

1 lot may have little effect on less volatile pairs and little contract size. If you open 1 lot on XRP USD or LTC USD (crypto) it moves cents per second and maybe 1-3$ an hour for LTC. I think it is good to use such tactics for "forced lot size" rules.

zedegit:
Na Dot io or na Dot com?

I used the app

Dannydrums889:
Did you know any prop firm doing giveaway?

Funding pips - affiliate
TFT - looking scammy now
Some others - new in the prop space

JasonNOTStatham:
I used the app

Na better update be this o. Me wey been dey fear crypto.

If you get another legit site like that you fit still drop am.
Na so crypto site suppose be. Nobi only send and receive.


This one you fit swap, trade, send, receive, store. Chai my body dey totori me...
Thanks.

JasonNOTStatham:
I used the app

Yeah the app fine pass the mobile site.

But na Dot io for site. Dem even dey send email for activity update.

Donsheddy:
I think it's about time 😁😁

Correct 💯. Watch out for the traffic light...

FTMO get academy. How many people here don run course there?

Omo na student I be like this o. I don enroll. The courses fa make sense.

JasonNOTStatham:
Quidax is fine

I get question. Abeg person fit use USDT pay for something in Euro?

I dey ask because FTMO charge Euro.

Last Week’s Key Stories for Gold & the U.S. Dollar Index (DXY)
Moody’s Downgrades U.S. Credit Rating (May 16, 2025)
Moody’s cut the U.S. sovereign rating from Aaa to Aa1, citing the $36 trillion debt load and persistent fiscal deficits. The announcement drove U.S. Treasury yields higher, knocked the dollar lower and boosted gold’s safe-haven appeal as investors sought protection against sovereign risk (Reuters, Reuters).
Trump’s Tariff Salvo Spurs Risk-Off Moves (May 23, 2025)
President Trump threatened a 50 % tariff on EU goods and 25 % on Apple iPhones, unsettling markets. Equities sold off and the DXY slipped to fresh two-week lows, while gold rallied on renewed trade-war fears (Reuters).
DXY Posts Largest Weekly Decline Since Early April
The dollar index fell over 3 % during the week, its steepest weekly drop since April, despite U.S. yield differentials remaining broadly in its favor. Strategists point to elevated U.S. risk premia amid fiscal and trade concerns as key drivers of the slide (Capital Economics).
Gold Rebounds from Mid-Week Lows (May 19, 2025)
After touching its lowest levels since November, spot gold bounced back over 1 %, trading around $3,216/oz by midday Monday. The rebound was fueled by both the tariff headlines and safe-haven flows following the credit-rating downgrade (The Rio Times).


Upcoming Week’s Key U.S. Economic Events
(All times are local U.S. Eastern unless noted; data from LBBW Economic Calendar) (LBBW)
Tue, May 27
Durable Goods Orders (April, preliminary) – gauges spending intentions on long-life goods, influencing growth expectations and dollar sentiment.
Consumer Confidence (May, CB) – a key forward-looking indicator of household spending, with surprises potentially roiling both DXY and gold.
Wed, May 28
FOMC Meeting Minutes (May 6–7) – offers a window into Fed officials’ deliberations on inflation, growth and potential rate moves; a dovish tilt could pressure the dollar and support bullion.
Thu, May 29
GDP (Q1, 2nd estimate) – a revision to first-quarter growth, with weaker figures potentially reviving rate-cut bets (dollar-bearish, gold-bullish).
Fri, May 30
PCE Core (April) – the Fed’s preferred inflation gauge; hotter readings undermine gold and bolster DXY, while cooler prints do the opposite.
Personal Income & Spending (April) – informs on consumer health and demand pressures.
University of Michigan Consumer Sentiment (May, final) – final confidence and inflation-expectation metrics; a downturn tends to flow into safe-haven assets.
Geopolitical & Policy Watch
U.S.–EU Trade Tensions: Any escalation or de-escalation in tariff threats will move both the dollar and gold.
Congressional Action on Tax & Spending Bills: Fiscal-policy developments could shape U.S. deficit trajectories, influencing sovereign-risk pricing, DXY and bullion flows.
By tracking these data releases and political developments, you’ll be better positioned to anticipate directional pressures on both gold and the U.S. dollar index in the coming days.

CeeJeckydivah:
Starting my forex journey wish me luck !

😁😁😁

zedegit:
FTMO get academy. How many people here don run course there?

Omo na student I be like this o. I don enroll. The courses fa make sense.

Na 100% I take dey blast am o

Welcome to the Academy. Make them make 50% discount available for student that finished excellently

randy01:
Thanks bro
Be like I will deposit my little on broker and trade it to amount that could buy fundednext cuz trading is already hard.it won't be good to add more complicated rules to it.

Lolssssss, u damn funny bro

zedegit:
I get question. Abeg person fit use USDT pay for something in Euro?

I dey ask because FTMO charge Euro.

Yes if the crypto worth is in the same value as the Euro