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my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone - Romance (9) - Nairaland

Nairaland ForumNairaland GeneralRomancemy Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone (15442 Views)

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Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by immaculate1234(m): 7:41pm On Jun 07, 2020
Daniel058:
they don't know that many Nigerians Make millions of dollars every month. Even Sanusi , apostle suleman are fx traders many celebrities you can't Tell How they make their money are doing well in fx trading but many knw not
They probably think say na every Nigeria artist wey wear blings dey sing
Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by Help2020: 7:42pm On Jun 07, 2020
skj1377:
Sir your method of trading is risky. First on a deposit of $330 your trading 1 full lot. I guess you know this method requires lots of practice and discipline which most people don't have .secondly you require a good broker to execute your stop loss without slipage cause 30 pips slipage on $330 deposited and boom money is wasted. Technically speaking how your successful for 18yrs I don't know because your trading strategy is built around over leveraging and fundamentally trading market noise. The market noise on most peers is over 50pips intra day and your strategy is based on trading that market noise. If am your broker I should be able to con you off your $330 easily, regularly and over a period of 18years.
This is where most traders get it wrong. Money management is not all about how much lot size you use but how much in dollar you lose per trade. As you can see I had many loses in that account, if I didn't not applied money management skill do you think that account can survive 3 losing trades? As for 18years you mentioned yes it started 18years ago.But I became profitable trader 12years ago after years of struggling. So once again don't get deceived by the losize you see,read more about position sizing, that's what I used on that account. And the pair is eurusd which has almost the lowest spread.
Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by shollish(m): 8:15pm On Jun 07, 2020
Please you guys should run from this guy o
KingPipmarshall:
Tell her to Invest here: https://www.forextime.com/strategy/Pipmarshall

It's safer
Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by immaculate1234(m): 8:35pm On Jun 07, 2020
Well after going through all the comments I found out that Nigeria mentality is playing out always playing the comfort zone games I don’t have much to say but everything in this life is business and business is risky you win some you lose some that doesn’t mean you shouldn’t try but you winnings must outweigh your losses to tell that you are a true winner that is what FOREX is all about.

You don’t AVOID RISK you manage RISK ask POTUS he is not a billionaire for avoiding risk he faced it. IF you want to be successful you must learn how to face and tackle risk head on (take note of the clause).

Finally, it is not everybody that must be successful trading FOREX. You can venture other things but always lean how to keep it moving make you no go lament about vanity all the time.
Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by joinnow: 8:49pm On Jun 07, 2020
austine4real:
Oga mi I no get work oo


Na small runs wey I do for school na I take gather that money
At lest it takes you some years to aquire the skill set you have.
Can you put just 1/3 of those years into Forex trading with Max focus then you can start trading.
Not learning for a month part time then you come say fx is scam. I know many Nigeria making money in trading
Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by austine4real(m): 9:02pm On Jun 07, 2020
joinnow:
At lest it takes you some years to aquire the skill set you have.
Can you put just 1/3 of those years into Forex trading with Max focus then you can start trading.
Not learning for a month part time then you come say fx is scam. I know many Nigeria making money in trading
Will do that now sir
Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by Nobody: 9:08pm On Jun 07, 2020
Daniel058:
they don't know that many Nigerians Make millions of dollars every month. Even Sanusi , apostle suleman are fx traders many celebrities you can't Tell How they make their money are doing well in fx trading but many knw not
DON'T LISTEN TO THIS GUY
Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by Daniel058(m): 7:58am On Jun 08, 2020
PRETTYPRINCES:
DON'T LISTEN TO THIS GUY
And you think that you know what you are saying? grin
Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by BinomoOfficial: 5:40am On Jun 09, 2020
Chidonc:
grin grin grin
Hope is not binomo investment program, invest 160k and get 320k in 45mins grin grin grin, if na him, better go and see her father and know how it will be deducted from her bride price grin
Hello, please understand that Binomo Investment is not the same with Binomo, we do not have agent nor a scam. Our company was founded in 2014. We are a reliable certified trading platform and also a member of the Financial commission. Our system is currently fighting those who uses our company name for bad purposes. We urge everyone to remain vigilant. Warm regards.
Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by Simplecity(m): 2:34pm On Jun 09, 2020
austine4real:
Thanks again
what broker do you use?
Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by Sophy4k: 3:10pm On Jun 09, 2020
Chidonc:
grin grin grin
Hope is not binomo investment program, invest 160k and get 320k in 45mins grin grin grin, if na him, better go and see her father and know how it will be deducted from her bride price grin
Lol bros, you no good
Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by austine4real(m): 3:12pm On Jun 09, 2020
Simplecity:
what broker do you use?
Hantec
Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by Simplecity(m): 3:15pm On Jun 09, 2020
austine4real:
Hantec
how is their withdrawal and crediting system....
Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by timmykaydude: 3:50pm On Jun 09, 2020
160k in forex?when she should have used the money to buy a land.
Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by OmoAlakija: 4:24pm On Jun 09, 2020
tellsblinks:
please I don't do forex and I am not promoting it in any way


I do give her money sometimes and she also have side hustle that she does(baking)

she called me one day and was told me about forex, that's it's good and all the crap... from my own little experience I know that yahoo boys do use it to scam people and I became scared that maybe she has been scammed, she told me no that she knows the person and bla bla bla


then she burst the bubble by telling me that she invested 160k in it. and she is now an investor, jokingly said I should add investor to her name, bla bla bla

(i just dee speechless)

please guys, what's your forex experience? can she pull out now?? is thier any gain in it?

please oh I need advice on what she can do now, because that's all the money she had


updated; she told me that the forex company gives back 50% Interest every month.. and also she first put in 50k which produced 50% interest(though she didn't see it) this futher convinced her to invest large


could this be scam?
She should not do,it for too long , lets say 3 - 4 months is okay, becuase you will always hear stories that touches the heart later
Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by austine4real(m): 6:18pm On Jun 09, 2020
Simplecity:
how is their withdrawal and crediting system....
Crediting very fast .





Deposit 2-3 days
Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by Simplecity(m): 6:53pm On Jun 09, 2020
austine4real:
Crediting very fast .





Deposit 2-3 days
ah kilode. ......2-3days ke lol......what percent of commission do they take?
Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by austine4real(m): 7:43pm On Jun 09, 2020
Simplecity:
ah kilode. ......2-3days ke lol......what percent of commission do they take?
$100 and above free
Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by saxy4c(m): 9:25pm On Jun 09, 2020
Common sense is not COMMON!
SavageResponse:
If you're truly making money from forex trading you won't be chasing people around to join any yeye network!
Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by saxy4c(m): 9:34pm On Jun 09, 2020
Why do you say so? cheesy
shollish:
Please you guys should run from this guy o
Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by saxy4c(m): 9:39pm On Jun 09, 2020
What is this financial commission you are a member of? Economic and Financial Crimes commission or which one? How do you guys think that all Nigerians are plain stupid?
BinomoOfficial:
Hello, please understand that Binomo Investment is not the same with Binomo, we do not have agent nor a scam. Our company was founded in 2014. We are a reliable certified trading platform and also a member of the Financial commission. Our system is currently fighting those who uses our company name for bad purposes. We urge everyone to remain vigilant. Warm regards.
Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by saxy4c(m): 9:54pm On Jun 09, 2020
Is this guy a profitable forex trader? I have not the slightest idea but the odds are highly in favour that he is and I would take a risk to reward ratio on him of 1:2 that he trades.

Does he know about the business of forex trading? On this one, I'm taking a trade of 1:10 RRR. This thing you just wrote is 101% on point and I can tell you have suffered in this forex of a something. Beautiful summary of the whole forex matter my brother/sister/bobrisky grin
Why are you not on the forex trades alert thread na undecided?
greenskittles:
EDIT: I initially didn't intend to type this much. Haha grin
Cc tellsblinks


Change that number to 97%!! Here's the different classes of "Forex traders" you mostly see.

1. 419/Scammers. They don't know shit about Forex, and they get screenshots of a few good trades, then lure you to "invest" with them. Then they disappear with your money.

2. Forex "teachers". These guys are amateurs themselves. They also know next to nothing about Forex. Well that's a bit harsh. They know the basics but not enough to make profitable earnings. So they recruit "students" and teach them the basics. This information could've been gotten free online, but since humans like having a mentor to look up to, they prey on that ignorance and teach them less than their "school fees" worth. Occasionally, the teacher makes a good trade, and screenshots it to "motivate" their students. But if you actually look behind the scenes, this teacher is running an overall loss or is just managing to break even.

3. Forex + MLM. MLM stands for Multi Level Marketing, i.e pyramid schemes. The only difference here is that unlike popular pyramid schemes like MMM, they're selling a "product"- forex lessons. This "product" is nearly useless as well, and has as much value as the lessons from number 2 above. However, entry into these "schools" is much more expensive than the schools described in number 2, because they claim to have a "premium service". And their evidence is more convincing, because students of these schools actually make money. However, the money these people are making is mostly from the pyramid schemes. They make almost nothing from forex trading.

4. Forex robot sellers: These are programmers with decent knowledge of statistics and programming. They write algorithms with R or Python, develop automated trading software, and sell. These software are not really reliable, because most times they don't put much effort into their development. For those who are mathematics inclined, it's like using lagrangian interpolation to make predictions for a set of values that clearly follows a logarithmic pattern. Sure, it'll converge under certain conditions (and turn a profit), but most times it'll fail. The sellers of these cheap robots never use them themselves. However, big shots, bigwigs in the financial industry also make their own forex robots to trade. Dudes like Warren Buffet for example probably have tens or even hundreds of mathematics PhD holders creating reliable models that help him trade and make money for him in his sleep.

5. Forex investors, these guys have (usually large) sun's of money but can't be bothered to trade themselves, so they place the money in investment accounts and hire someone else to trade for them. In exchange, the person doing the trading gets a commission. There are a lot of scammers on this route too, but there are reliable traders as well, hard to find though.

6. Lastly, the legit forex traders. These guys have done an immense amount of personal study, have lost money learning (to become a good trader, there's no way you won't lose money). And have perfected their strategy and now are making good money, enough to earn a living. This is like 1-2% of all traders. Then maybe about 0.1% actually become millionaires from it making incredible sums. Nobody can really teach you this. All the resources are available on the internet. There are books, videos, and everything, but it's something you have to learn from experience. A good starting point is babypips school of pipsology. I'm a beginner myself. I used to be really interested in financial markets but I'll be starting my Masters soon so won't have time to study as much as I like. If you have the mental strength, and patience, and really want to be a forex trader, the truth is nobody can really teach you.

Forex trading without education and experience is no different from sports betting.
Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by SavageResponse(m):
saxy4c:
Common sense is not COMMON!
Re: my Girlfriend Invested N160k In Forex, I'm Scared If The Money Is Gone by Nobody: 7:07pm On Jun 19, 2020
palsenator:
What if I show you profitable forex strategies? I mean at no cost. Just sit beside me and watch me make money without u paying me anything? That you failed in it does not mean it is bad.. Every successful business has had people who failed in it. Maybe u are one of the many people that failed in forex trading.

I run a forex outfit ( NOT INVESTMENT COMPANY) . I train and mentor people.Like I said earlier, I can sit side by side with you and show you real forex for FREE.
I would like to learn boss if you don't mind
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