₦airaland Forum

I want to learn forex trading and looking for a good,smart and patience person to teach me from start.

manmind:
I want to learn forex trading and looking for a good,smart and patience person to teach me from start.

Interested
Though there are some basics that can be learnt on YouTube but I can also tutor

manmind:
I want to learn forex trading and looking for a good,smart and patience person to teach me from start.

You can get a remote mentorship from my link but if it's physical mentorship then i can't help.
BTW what is your budget for this training intent.

Shout-out to all chess players here earning via the game.

Zayttoven:
Interested
Though there are some basics that can be learnt on YouTube but I can also tutor

Okay if u can teach me and put me through

I’m waiting for more input

COMPLETE BEGINNER'S GUIDE TO FOREX TRADING

STEP 1: CHOOSE A FOREX BROKER

A Forex broker is the platform that allows you to buy and sell currencies.

Popular brokers include:

[Exness](https://www.exness.com?utm_source=chatgpt.com)

[Deriv](https://deriv.com?utm_source=chatgpt.com)

[IC Markets](https://www.icmarkets.com?utm_source=chatgpt.com)

[XM](https://www.xm.com?utm_source=chatgpt.com)

[FBS](https://www.fbs.com?utm_source=chatgpt.com)



---

STEP 2: REGISTRATION PROCESS

Step 1

Visit your preferred broker's website.

Step 2

Click Register or Open Account.

Step 3

Fill in:

Full Name

Email Address

Phone Number

Country

Password


Step 4

Verify your email address.

Step 5

Verify your phone number.

Step 6

Complete KYC verification by uploading:

National ID, Voter's Card, Driver's License, or International Passport

Proof of Address (if requested)


Step 7

Wait for account approval.


---

STEP 3: DOWNLOAD A TRADING PLATFORM

Most brokers use:

MetaTrader 4 (MT4)

MetaTrader 5 (MT5)


Step 1

Download MT4 or MT5.

Step 2

Install the application.

Step 3

Login using the trading account details provided by your broker.


---

STEP 4: DEPOSIT PROCEDURE

Step 1

Login to your broker account.

Step 2

Click Deposit.

Step 3

Select a payment method:

Bank Transfer

Debit Card

Cryptocurrency

Local Payment Methods


Step 4

Enter the amount you want to deposit.

Step 5

Confirm the payment.

Step 6

Wait for your trading account balance to be credited.


---

STEP 5: UNDERSTAND THE FOREX MARKET

Forex means exchanging one currency for another.

Examples:

EUR/USD

GBP/USD

USD/JPY


Buy (Buy/Long)

You expect the price to rise.

Sell (Sell/Short)

You expect the price to fall.


---

STEP 6: LEARN BASIC MARKET ANALYSIS

Technical Analysis

Study:

Support and Resistance

Trend Lines

Candlestick Patterns

Indicators


Popular indicators:

Moving Average

RSI

MACD


Fundamental Analysis

Follow:

Interest Rate Decisions

Inflation Data

Employment Reports

Economic News



---

STEP 7: HOW TO PLACE A TRADE

Step 1

Open MT4 or MT5.

Step 2

Select a currency pair.

Example: EUR/USD

Step 3

Analyze the chart.

Step 4

Determine:

Entry Price

Stop Loss

Take Profit


Step 5

Choose your lot size.

Step 6

Click:

Buy if you expect an increase.

Sell if you expect a decrease.


Step 7

Monitor your trade.


---

STEP 8: RISK MANAGEMENT

Follow the 2% Rule:

Never risk more than 2% of your account on one trade.

Always use Stop Loss.

Avoid overtrading.

Avoid emotional trading.


Example:

Account Balance = $100

Maximum Risk Per Trade = $2

This helps protect your capital.


---

STEP 9: WITHDRAWAL PROCEDURE

Step 1

Login to your broker account.

Step 2

Click Withdraw Funds.

Step 3

Select your withdrawal method.

Step 4

Enter the amount to withdraw.

Step 5

Confirm your request.

Step 6

Wait for processing.

Step 7

Receive funds in your bank account, card, e-wallet, or crypto wallet.


---

BEGINNER ROADMAP

Week 1

Learn Forex basics.

Open a demo account.


Week 2

Learn chart analysis.

Practice on demo.


Week 3

Learn risk management.

Practice Stop Loss and Take Profit.


Week 4

Develop a simple trading strategy.


Month 2+

Start with a small live account.

Focus on consistency, not quick profits.


Important Advice

Most beginners lose money because they: ❌ Trade without a strategy
❌ Risk too much per trade
❌ Chase losses
❌ Expect instant wealth

Successful traders focus on: ✅ Education
✅ Discipline
✅ Risk management
✅ Consistency over time

Start with a demo account and practice for several weeks before risking real money.

All the questions and answers can be scheduled here before proceeding but the platform won't allow. PM
Interested and there are live evidence, not just talks.

Best regards.

manmind:
I’m waiting for more input

Can we talk? Is that ur digits on ur profile?

Good morning

Yes, drop a PM I will see it on WA later

manmind:
Can we talk? Is that ur digits on ur profile?

manmind:
I want to learn forex trading and looking for a good,smart and patience person to teach me from start.

This sounds more like who can teach me where to waste money. Goodluck.

Are you sure?

suckprick:
This sounds more like who can teach me where to waste money. Goodluck.

Kyungzeal911:
Are you sure?

You are showing your rare wins. What about the losses? Lol. Win 400, loose 5k

You're right. There are losses. But so it is in life. There will be wins and misses.

Took me 3 years and 4 blown accounts to learn this.

But You're not losing because your strategy is bad.

You're losing because you risk too much.

Simple example: Risk 10% per trade. Lose 3 times. Down 30%. Now you need 43% just to break even. That's almost impossible.

Every Monday, I see posts of people crying about blown accounts. You blame the broker, you blame "smart money," or you claim no, it is impossible it is gambling.

But I will show you the real reason. And the fix.

The Number 1 Killer: The "Lambo" Mindset

You open a $100 account. You want to flip it to $1,000 in a week. So you risk $50 per trade (50% of your account).

You win 3 times. You feel like a king.

Then 1 loss wipes 50% of your balance. To recover, you need a 100% gain. Now you are finished.

The 1% Fix is Risk Management.

Let me break it down with Naira:

Account: ₦500,000
Risk per trade: 1% = ₦5,000
Stop loss: 20 pips
Lot size: 0.25

If you lose 10 trades in a row (unlikely), you still have ₦450,000. You are still in the game.

And again please stop entering a trade on your own blindly or with YouTube or because "candlestick looks green" or "someone on WhatsApp said buy."

That is gambling. Not trading.

Do all these and in 3 months, if you don't have results, come and abuse me very very well here.

suckprick:
You are showing your rare wins. What about the losses? Lol. Win 400, lose 5k

You're right. There are losses. But so it is in life. There will be wins and misses.

Took me 3 years and 4 blown accounts to learn this.

But You're not losing because your strategy is bad.

You're losing because you risk too much.

Simple example: Risk 10% per trade. Lose 3 times. Down 30%. Now you need 43% just to break even. That's almost impossible.

Every Monday, I see posts of people crying about blown accounts. You blame the broker, you blame "smart money," or you claim no, it is impossible it is gambling.

But I will show you the real reason. And the fix.

The Number 1 Killer: The "Lambo" Mindset

You open a $100 account. You want to flip it to $1,000 in a week. So you risk $50 per trade (50% of your account).

You win 3 times. You feel like a king.

Then 1 loss wipes 50% of your balance. To recover, you need a 100% gain. Now you are finished.

The 1% Fix is Risk Management.

Let me break it down with Naira:

Account: ₦500,000
Risk per trade: 1% = ₦5,000
Stop loss: 20 pips
Lot size: 0.25

If you lose 10 trades in a row (unlikely), you still have ₦450,000. You are still in the game.

And again please stop entering a trade on your own blindly or with YouTube or because "candlestick looks green" or "someone on WhatsApp said buy."

That is gambling. Not trading.

Do all these and in 3 months, if you don't have results, come and abuse me very very well here. [/quote]

suckprick:
You are showing your rare wins. What about the losses? Lol. Win 400, lose 5k

Please my pm is not working here… anyone willing to teach me can drop contact here by quoting me.

manmind:
Please my pm is not working here… anyone willing to teach me can drop contact here by quoting me.

Hi, join the FTA Thread on the Business section

Go to Babypips school of pipsology.

I downloaded GoForex app and studied Forex from the scratch ...also watch YouTube teachings, asked WhatsApp AI lots of questions for in-depth understandings.

Learned alot and I've been using dummy account, practising my skills by scalping.
I've opened about 10 trades
My win rate is 100%
No loss so far.

The real deal is to study strategies and lean all therein in risk management.

My lot size is always 0.05 on a 1/100 leverage.
Etc
There's alot to learn before trading.

Please i also need someone to teach me this forex trading and how to make money on it,i have seen so many people online talking about this forex but i will prefer a serious tutor if possible we can arrange a one on one meeting together,I can start with 500k also ......

My one on one already started, but you are still early to join if you are lucky.

I make learning interactive and fun. And I'm particularly interested in you too because I want you to come back here and give a testimony. Pm

Let's see how good you do after two months first.

sylvoclair1990:
Please i also need someone to teach me this forex trading and how to make money on it,i have seen so many people online talking about this forex but i will prefer a serious tutor if possible we can arrange a one on one meeting together,I can start with 500k also ......

Kyungzeal911:
Are you sure?

Hello boss. Is it Deriv instruments or forex that you trade??

Hi brother

Yes, I do derive and also Fx too...Gold, Btc, EUR/USD but then the principles are the same bro. Price action, Structure, liquidity and your risk management. It's just different instruments u get.

What's your current experience level, are you a completely new trader, or have you traded before. That will help me know where to start with you

We can always connect though🫶 .

LincolnOnyeabor:
Hello boss. Is it Deriv instruments or forex that you trade??

Kyungzeal911:
Hi brother

Yes, I do derive and also Fx too...Gold, Btc, EUR/USD but then the principles are the same bro. Price action, Structure, liquidity and your risk management. It's just different instruments u get.

What's your current experience level, are you a completely new trader, or have you traded before. That will help me know where to start with you

We can always connect though🫶 .

Okayyy. I trade most exclusively Deriv pairs but delve into Gold, Us30 and Dax Indices for propfirms.

Nice meeting you.

The screenshot you dropped, what asset is that??

Gold

LincolnOnyeabor:
Okayyy. I trade most exclusively Deriv pairs but delve into Gold, Us30 and Dax Indices for propfirms.

Nice meeting you.

The screenshot you dropped, what asset is that??