₦airaland Forum

The rate of people talking about forex now really got me thinking if it is that
lucrative .
meanwhile base on analysis it says that a good forex trader makes only ten percent of his or her capital in a year.
but tune down to Nigeria you will see someone in Nairaland promising you 30 percent of your capital in a month

Is there any one making money from forex

Lolz so u av been sitting thinking is actually the main forex that came out first. Well nowadays it is still pyramid scheme, believe them at your own peril.

Bobcygan:
Lolz so u av been sitting thinking is actually the main forex that came out first. Well nowadays it is still pyramid scheme, believe them at your own peril.

The think just tire me sef
how can I be making only ten percent of my capital in year

Let hear from are forex guru's in the house

Calm down and learn the skill. Can teach you how it works. It works for professional traders, not newbies.

OGWILLS123:
The think just tire me sef how can I be making only ten percent of my capital in year

The issue is that most Nigerians are still uniformed about what Forex really is. And with the popularity of sport betting among Nigerian youths which every riffraff on the street does, most people are mistaking Forex for Bet9ja.
Forex is trading while Bet9ja is betting. They're quite different.
Forex is gradually becoming the most popular business and profession worldwide, even those who have primary profession now use it as a second hustle.
Forex isn't 10% of your capital in a year, it all depends on how smart and sound you're in the market. You can make 1000% in a month, but just like every other profession and business in life, it's risky as fck. So if your balls aren't firmly tightened, you'd better stayed the fck away from it.
Check out some of these guys, Sandile Shezi, Chris Williams (Swaggy C), Shaun Lee etc. Those are professional traders.

Notatribalist:
You don't have to be smart to make money in forex.. You only need to be discipline.. Have a trading rule and be discipline enough to stick to it..I am a successful forex trader, and I am talking from experience.

Well, discipline is a part of smartness.
When you're smart, you apply the best winning attitude to a situation.

OGWILLS123:
The rate of people talking about forex now really got me thinking if it is that
lucrative .
meanwhile base on analysis it says that a good forex trader makes only ten percent of his or her capital in a year.
but tune down to Nigeria you will see someone in Nairaland promising you 30 percent of your capital in a month

Is there any one making money from forex

Yes,you can make between %20 to %35 in a month..It's very possible... But most forex traders you see in Nigeria are really not traders,they are making their money from training.. But generally forex is wonderful business.. I am a trader and I have friends both i n Europe and Asia that are making it big in forex trading business.. It's good business for some people and bad for some people..

OGWILLS123:
Let hear from are forex guru's in the house

I am a professional forex trader,but I can tell you there is nothing like guru in forex.. Only the discipline traders makes a living out of forex..

light099:
The issue is that most Nigerians are still uniformed about what Forex really is. And with the popularity of sport betting among Nigerian youths which every riffraff on the street does, most people are mistaking Forex for Bet9ja.
Forex is trading while Bet9ja is betting. They're quite different.
Forex is gradually becoming the most popular business and profession worldwide, even those who have primary profession now use it as a second hustle.
Forex isn't 10% of your capital in a year, it all depends on how smart and sound you're in the market. You can make 1000% in a month, but just like every other profession and business in life, it's risky as fck. So if your balls aren't firmly tightened, you'd better stayed the fck away from it.
Check out some of these guys, Sandile Shezi, Chris Williams (Swaggy C), Shaun Lee etc. Those are professional traders.

You don't have to be smart to make money in forex.. You only need to be discipline.. Have a trading rule and be discipline enough to stick to it..I am a successful forex trader, and I am talking from experience.

I'm learning. Who will teach me how to make good money through for ex?

SoftBillionaire:
Calm down and learn the skill. Can teach you how it works. It works for professional traders, not newbies.

Your signature is complete false,I guess you are one of the reason people are giving bad name to forex..How dey hell do you make 300% weekly? Do you have any trade history to back up ur claims?

Nemeka:
I'm learning.
Who will teach me how to make good money through for ex?

Be careful some will see you as an opportunity to make money for themselves, I have a friend who is into forex and it is complicated, so I back down a bit.
I hear terms like candle sticks, pips, signals etc

Stephenmoka4:
Be careful some will see you as an opportunity to make money for themselves, I have a friend who is into forex and it is complicated, so I back down a bit.
I hear terms like candle sticks, pips, signals etc

Lol Forex ain't for everyone, it's not for people who wants to make money over night, and you can't jump on it without knowing the basics, the reason why people call Forex scam is because they are what I mentioned above.

and also don't trade with emotions, you are going to blow your account, and don't use big lot size, money management is still the best option.


I make around $2k/3k profits in a month, even though Forex isn't my only source of income, I don't trade full time.
so you have to understand the basics of Forex before you trade on a live account, and before you trade on a live account make sure you trade with a demo account for months, when you are now sure that you are good then you can use a live account.

OGWILLS123:
The rate of people talking about forex now really got me thinking if it is that
lucrative .
meanwhile base on analysis it says that a good forex trader makes only ten percent of his or her capital in a year.
but tune down to Nigeria you will see someone in Nairaland promising you 30 percent of your capital in a month

Is there any one making money from forex

10% in a year for a forex investor is good since their balance is over a hundred thousands of dollars but for a retail trader it's a disaster!
Imagine investigating $1000 and making $100 in 12months Won't you run away
The percentage thing is just trade planning and risk management but you have even a 10% daily potential if you know what you are doing otherwise it a death trap!!!

OGWILLS123:
The think just tire me sef
how can I be making only ten percent of my capital in year

How many percent does fix deposit pay u in a year?

Rilley:

Lol forex ain't for everyone, it's not for people who wants to make money over night, and you can't jump on it without knowing the basics, the reason why people call Forex scam is because they are what I mentioned above.

I've heard all these a thousand times, forgot to add it

Rilley:
and also don't trade with emotions, you are going to blow your account, and don't use big lot size, money management is still the best option.

Anything online money (like this), don't use emotions and don't get carried away.

Rilley:
I make around $2k/3k profits in a month, even though Forex isn't my only source of income, I don't trade full time.
so you have to understand the basics of Forex before you trade on a live account, and before you trade on a live account make sure you trade with a demo account for months, when you are now sure that you are good then you can use a live account.

So how much will be my profit per month if I start with 100K naira

So why are the professionals exerting so much energy (even adverts) trying to recruit newbies under various schemes?

SoftBillionaire:
Calm down and learn the skill. Can teach you how it works. It works for professional traders, not newbies.

Rilley:
Lol Forex ain't for everyone, it's not for people who wants to make money over night, and you can't jump on it without knowing the basics, the reason why people call Forex scam is because they are what I mentioned above.

and also don't trade with emotions, you are going to blow your account, and don't use big lot size, money management is still the best option.


I make around $2k/3k profits in a month, even though Forex isn't my only source of income, I don't trade full time.
so you have to understand the basics of Forex before you trade on a live account, and before you trade on a live account make sure you trade with a demo account for months, when you are now sure that you are good then you can use a live account.

I want to learn forex, but I only get the theory (talk talk part ), I want to learn this demo, before I delve into it live ( fully).
Any help on the demo? Videos and where to train with the demo. Thanks

OkoyeA1:
I want to learn forex, but I only get the theory (talk talk part ), I want to learn this demo, before I delve into it live ( fully).
Any help on the demo? Videos and where to train with the demo. Thanks

Just download IQ option on Google play
sign in after that they will give you a virtual
money to trade with.
Just did mine and all the whole think they like candle stick
and all the BS was very confusing �

It's a fugazy

9gerian:
So why are the professionals exerting so much energy (even adverts) trying to recruit newbies under various schemes?

It's simple. The aggressive "professionals" don't earn that same money they claim to. Their primary source of income is the training they give newbies.
Isn't it the same way how a certain graphics designer here keeps looking for trainees who he'll teach how to make 170k monthly on graphics. Which makes me wonder how someone who earns over 170k monthly will be looking for trainees who'd pay him a meagre fee rather than focusing on the numerous jobs he takes from clients that guarantees him the above figure monthly

FAKE...

SoftBillionaire:
Calm down and learn the skill. Can teach you how it works. It works for professional traders, not newbies.

Soft Billionaire.

lol.

light099:
The issue is that most Nigerians are still uniformed about what Forex really is. And with the popularity of sport betting among Nigerian youths which every riffraff on the street does, most people are mistaking Forex for Bet9ja.
Forex is trading while Bet9ja is betting. They're quite different.
Forex is gradually becoming the most popular business and profession worldwide, even those who have primary profession now use it as a second hustle.
Forex isn't 10% of your capital in a year, it all depends on how smart and sound you're in the market. You can make 1000% in a month, but just like every other profession and business in life, it's risky as fck. So if your balls aren't firmly tightened, you'd better stayed the fck away from it.
Check out some of these guys, Sandile Shezi, Chris Williams (Swaggy C), Shaun Lee etc. Those are professional traders.


Well, discipline is a part of smartness.
When you're smart, you apply the best winning attitude to a situation.

What car is in the 3rd picture please

.

The market most time is very crazy and irrational.Your Best bet is to hedge against lose and wait patiently.Most People do lose money especially when you first start.You really have no control of the market. I remember losing $900 in two days,money wey i for use buy small land.

Saxy4c will just be laughing at you guys wey talk say Forex na scam

Tedpgrass:
What car is in the 3rd picture please.

Tesla model 3

ksly24:
Are u the person in these pics u posted?

No

light099:
The issue is that most Nigerians are still uniformed about what Forex really is. And with the popularity of sport betting among Nigerian youths which every riffraff on the street does, most people are mistaking Forex for Bet9ja.
Forex is trading while Bet9ja is betting. They're quite different.
Forex is gradually becoming the most popular business and profession worldwide, even those who have primary profession now use it as a second hustle.
Forex isn't 10% of your capital in a year, it all depends on how smart and sound you're in the market. You can make 1000% in a month, but just like every other profession and business in life, it's risky as fck. So if your balls aren't firmly tightened, you'd better stayed the fck away from it.
Check out some of these guys, Sandile Shezi, Chris Williams (Swaggy C), Shaun Lee etc. Those are professional traders.


Well, discipline is a part of smartness.
When you're smart, you apply the best winning attitude to a situation.

Are u the person in these pics u posted?

Forex is very lucrative
But a lot of scammers and fraudsters(Yahoo Boys) are hiding under the stuff

OGWILLS123:
So how much will be my profit per month if I start with 100K naira

Bro i made 80k with a deposit of 100k last week friday... Last week friday was NFP...

Not all traders who deposit 100k naira will make 80k thats what u should know..... So i made 80% in one week

ksly24:
Are u the person in these pics u posted?

That is shaun lee..

A Big popular british forex trader