Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,195,468 members, 7,958,423 topics. Date: Wednesday, 25 September 2024 at 02:07 PM |
Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 21 (335321 Views)
Forex Trade Alerts: Season 23 / Forex Trade Alerts: Season 22 / Forex Trade Alerts: Season 20 (2) (3) (4)
(1) (2) (3) ... (43) (44) (45) (46) (47) (48) (49) ... (443) (Go Down)
Re: Forex Trade Alerts: Season 21 by ogashman(m): 8:14pm On Feb 22, 2021 |
infofirst: boss this also boils down to psychology. after having a losing streak of trades, one might be tempted to use bigger lots to recover....but I have come to discover that this in most cases is the beginning of blowing that account. |
Re: Forex Trade Alerts: Season 21 by candlestick: 9:26pm On Feb 22, 2021 |
infofirst, how are d winners of d contest selected? 1 Like |
Re: Forex Trade Alerts: Season 21 by infofirst(m): 9:35pm On Feb 22, 2021 |
candlestick:Through the set rules and the system automatically rank traders based on their performance and max DD of 20% |
Re: Forex Trade Alerts: Season 21 by infofirst(m): 9:36pm On Feb 22, 2021 |
@All, its the psychology for real. 1 Like |
Re: Forex Trade Alerts: Season 21 by Karleb(m): 9:40pm On Feb 22, 2021 |
If you want to trade btc or gold or any volatile instrument, create a separate fx account for it. It can give or take easily. No emotion pleading allowed. 3 Likes |
Re: Forex Trade Alerts: Season 21 by Kaesyrn(m): 10:04pm On Feb 22, 2021 |
Kaesyrn: Opened quite well this week... Taking pips off the Short moves ��
|
Re: Forex Trade Alerts: Season 21 by Qpetz: 11:12pm On Feb 22, 2021 |
infofirst: Yeah, Brov. I concur. |
Re: Forex Trade Alerts: Season 21 by Nobody: 11:43pm On Feb 22, 2021 |
infofirst:Lol... I trade all major and minor pairs. My rule for forest is simple. "Discover what works for you" 1 Like |
Re: Forex Trade Alerts: Season 21 by Kaesyrn(m): 12:42am On Feb 23, 2021 |
Trade idea � USDCHF SHORT �� Spotting a double top formation.... Candle formation...
|
Re: Forex Trade Alerts: Season 21 by Abambam: 2:30am On Feb 23, 2021 |
Abambam:chfjpy buy @ 117.24 , stop loss 40pips , take profit x3 1 Like |
Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 3:11am On Feb 23, 2021 |
Abambam: I've been waiting for u to place a trade call since you started posting charts, thank God u finally did.. Fingers crossed, more blues |
Re: Forex Trade Alerts: Season 21 by infofirst(m): 3:31am On Feb 23, 2021 |
jcmaiah: Can I ask a question bro? |
Re: Forex Trade Alerts: Season 21 by haryodehjia(m): 3:42am On Feb 23, 2021 |
jcmaiah: Trading so many pairs won't make u understand the market movement.. If u can get a max of 5-10 pairs u can trade weekly is OK. |
Re: Forex Trade Alerts: Season 21 by Nobody: 5:54am On Feb 23, 2021 |
haryodehjia:Like I said, the problem people have in forex is trying to make it perfect like its a wedding gown. I will understand market movement alot better trading many pairs, just that it will take longer to master that. I know people that trade one pair, and I also know people that trade all pairs like me. Truth is, figure our what soothes your lifestyle, emotions and target, and trade accordingly. If I am to trade just one pair, I will need to be on PC more often that my schedule can permit. 2 Likes |
Re: Forex Trade Alerts: Season 21 by Nobody: 5:54am On Feb 23, 2021 |
infofirst:Yep |
Re: Forex Trade Alerts: Season 21 by highcurrent: 6:26am On Feb 23, 2021 |
Karleb:True. see that massive drop from eithy,just in one day. I pity those who bought at the top. 1 Like |
Re: Forex Trade Alerts: Season 21 by dennison4luv: 7:45am On Feb 23, 2021 |
Honestly gold and btc can cause high blood pressure to someone. Those markets kills. I will and run away from gold for now. For the newbie please leave gold and concentrate on currency, just be patient you will make it 1 Like |
Re: Forex Trade Alerts: Season 21 by infofirst(m): 8:29am On Feb 23, 2021 |
jcmaiah: What was your percentage gains every month since you started trading all major and minor pairs? |
Re: Forex Trade Alerts: Season 21 by haryodehjia(m): 8:50am On Feb 23, 2021 |
dennison4luv:Btc is a good pair to trade anytime any day unlike Gold... Gold is the worst pair am scared of trading any time any day... Doesn't respect structure and also fundamental |
Re: Forex Trade Alerts: Season 21 by haryodehjia(m): 8:52am On Feb 23, 2021 |
jcmaiah: I was once like u trading so many thinking that will make me successful but no.. Too many pairs can cause u headache. Do what u feel is best for u |
Re: Forex Trade Alerts: Season 21 by tony84: 9:14am On Feb 23, 2021 |
Donvic4u:Good morning bro. Sent you a message |
Re: Forex Trade Alerts: Season 21 by Nobody: 9:30am On Feb 23, 2021 |
haryodehjia:Lol... That's if getting your signals involves too much of plotting and calculations. Mine can be traded by someone who don't know what a candlestick is. I only log in once in a while to see how it's going. The beauty of it is that I don't need PC either. In order to control the risk, I trade not more than 0.01 lot size per 1000usd balance. |
Re: Forex Trade Alerts: Season 21 by Nobody: 9:36am On Feb 23, 2021 |
infofirst:Not less than 20%. Ranges between 20% to 35% depending on volatility in that month. My lot is 0.01 per 1000usd in other to minimize the draw down. If I decide to double my lot not minding the drawdown, that would leave me at not less than 40% per month. |
Re: Forex Trade Alerts: Season 21 by Nobody: 9:38am On Feb 23, 2021 |
infofirst:My own question, how many pairs do you trade and what's your lot size per 1000usd balance? |
Re: Forex Trade Alerts: Season 21 by Nobody: 9:46am On Feb 23, 2021 |
haryodehjia:Gold respects support and resistance structures very well. Just that it required a lot of Equity to trade it. Like someone pointed out, Gold should not be traded with other currencies. It should have a dedicated account |
Re: Forex Trade Alerts: Season 21 by infofirst(m): 10:04am On Feb 23, 2021 |
jcmaiah: Thats true. Gold is easier than Bitcoin. Bitcoin has no past history to guide your trading on the chart unlike Gold. I hail short term bitcoin traders. The long term traders are fine. 1 Like |
Re: Forex Trade Alerts: Season 21 by infofirst(m): 10:09am On Feb 23, 2021 |
jcmaiah: My normal self, I trade two pairs and max 5 pairs but study other pairs to improve my understanding of how price move and how support and resistance are respected. When Mr greediness in me takes over, I trade as many pairs as will quench the greed.0.01 lot for every $1000 too except when Mr greediness took over again as well. 2 Likes |
Re: Forex Trade Alerts: Season 21 by Nobody: 10:16am On Feb 23, 2021 |
infofirst:Using 0.01 per 1000 and trading only max of 5pairs will always make you trade out of strategy once in a while because of the need to meet certain targets. My take is this, if your strategy is solid, you increase your lot a bit. Maybe 0.02 per 1000usd |
Re: Forex Trade Alerts: Season 21 by Donvic4u(m): 10:23am On Feb 23, 2021 |
dennison4luv: Gold doesn't cause high blood pressure, Its trading it with a small account size and over leveraging that causes it 3 Likes |
Re: Forex Trade Alerts: Season 21 by dennison4luv: 11:16am On Feb 23, 2021 |
Donvic4u: Please mentor me on how to trade gold, that is where my problem is with forex trade. I am okay with trading currencies but gold is killing me |
Re: Forex Trade Alerts: Season 21 by Abambam: 11:35am On Feb 23, 2021 |
Abambam:hit stop.
|
Re: Forex Trade Alerts: Season 21 by Nobody: 11:45am On Feb 23, 2021 |
dennison4luv: Gold no be for boys o, na for people with big capital like Oga Info and pipsbask |
(1) (2) (3) ... (43) (44) (45) (46) (47) (48) (49) ... (443)
Nigeria's Top 50 Richest Billionaires / Forex Trade Alerts Season 17 / Forex Trade Alerts: Season 19
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 61 |