₦airaland Forum

so they went there to go and look at the national museum being lead by a young , vibrant guy probably in his late 20s that is young enough to be their grand child. Nigeria still have a long way to go. I mean a very long way to go.....

collitexnaira:
Hotforex are fuk**ng manipulators. They manipulated my trade during the 4pm New release

I had a gold sell which was already in profit. So I adjusted my SL because of the News, I placed my SL at 2048.89, even if my SL is hit I will make 70usd.

To my surprise, immediately the New was released my SL was hit, I checked my profit and saw just 10.4usd. I then I check my Trade history and I realised they automatically adjusted my SL to 2052.50, which made me lost most of my profit.

Please guys is this normal during news release

welcome to the school of forex manipulations and rigging, lol. They will tell you that is the BEST price their liquid provider willing to buy or sell from you. So the spread has to be automatically adjusted. You are lucky that they still gave you small profits, if others, they would have taken you out at a negative price. Thats what is called slippage, Hope it is demo though. Prop firms are worst during news especially during challenges. You just have to be smart trading during the news, if not, that is where many accounts get slaughtered. You may not be lucky next time.

G30fx:
All these prop firm and their scam is it not better for person to look for a way fund his account with Forex broker even if $100 and grow it to a large number instead of dashing your hard earned money to all these criminals

Bro exactly my taughts. May be fundedtrader,ftmo, 5er and fundednext are good, ay other one, i am not comfortable with them. I magine look at the rules that Gabsonfx2 posted there, you will see that these are the type of rules that are very unclear and full of loopholes for them not to pay you. They are not straight forward. Like something Chat-gpt drafted for them. If they refuse to pay him, they will regret coming accross a good nigerian trader.

Davigle:
Shout out to boss PriceActionZ for the pdf you shared freely from Fundednext, it was quite an eye opener. While I was reading through the ebook, it talk about a lot of mistakes which traders make which is also common knowledge to anyone who has been here for a long while in the trading space, I know a lot of them but I have not made conscious effort to tackle some of them. But after reading the ebook, I made a resolve to implement this new routines, going forward, although I have to give myself credit for even putting myself on the right path b4 even coming across the book in terms of risk management and the number of pairs that I trade.
so going forward, I made a resolve to only trade between Tue to Thurs, no more trading on Mondays and Fridays. I think this will help me reduce the number of trades that I take as I only focus on nasdaq and US30. Also judging from my past performance through my trade explorer from the month of December till this very moment, my biggest wins and profitable trades always occur within those three days. Linking my accounts to a trade explorer has also really been helpful to me as I am able to track my performance and statistics better and also they kind of serve as my trade journal... cheers and wishing us all a profitable week

Thats the spirit. keep pushing and identify what works best for you bro. Thats what is called an edge.

Masterrhymes:
...

what of this month/year results, not one year ago own? wont that be nice?

make oga Gabsonfx2 kukuma do small youtube faceless YT tutorials for some minutes since everyone is on his neck by giving us some basic entry stuffs you always see, TF, where your physcology always stand during the trades, and so on.. with that , many will learn some of your strategies. You know yu have nothing to loose. ...
That was from the day of pipsbasketing......Who is with me, hope yu gerrit, if you dont gerrit here, then forget about it...

There will have less effect on common man. Its easy to say. They refused to build modular refineries to encourage local productions... everyone always confused when they get there. Same AA that always spend millions of dollars on deligates every election time, he should go and sit down. All of them have 10s of different bureau d change that they control.

Since the day of Bubu, borrowing money to pay salaries, since then you should have known the country is heading to financial crises, accumulating billions of dollars of those that did businesses genuinely and unable them to repatriate their profits, allowing his brothers to run over the villages and farms without doing anything serious to fight them out. Every able men have been chased away from the farms and allow to run to towns and cities to ride okadas. No one wants to farm again.
Borrowed money, looted it, and still continue under emilokan... politicians looting and hoarding dollars without mercy. They turned nigeria to dollar spending countries.

What happen to each senatorial destrict through their senators and house of rep, declaring the state of emergencies on agriculture, and go seriously in to mechanized farming per each senatorial zones in the next raining seasons, at least there is a unique crop that can be produced in each area, at least and continue like that every few months, it might help all these food shortages temporarily but they prefer spending billions to buy bread and small cup of rice to get praised, they dont think well. What is happening now is elie vs masses. Let the goveror too have their own agricultural revolution too, and partner with each state to exchange goods and services just like how lagos did to LAKE rice.
Empower youths to operate green house farming no matter how small it might be.

Well, may be state police will be in the right direction now temporarily, at least, if it is well structured, people can go back to farms easily without being intimidated.
But seems tinubu too is very cueless and has lost his head, especially CBN policies he is supporting, he can do better. But with the way things are going, hope he will finish this first time well if things refused to change in the next few months.

May be its even God setting up nigeria for her freedom from all these jackals called leaders.

Jokerman:
I'm talking of transport and ease of accessibility.

Just imagine I get to Ikeja, will enter bus to Ọgba, then take bus to Abule Egba??

Then you dont know your way if that is the route you want to take.

rhynoemmie:
Are these niggas back..

Passed their phase 1 last year and they folded due to some issues!!

Phase 2 details, I no see

Don't know about now tho!!

Kotfx is a modernization scammer, if there is any word like that 😂. I saw right in my face, how they opened multiple trades with high lots on my behalf , I froze. I passed their monthly challenge then after fulfilling their conditions and was waiting for the competition to finish only to see my account balance deflated, I weak.
infact when I saw some trades that were lost and I never remember of opening them, I started monitoring them. I started recording my screen, I caught them twice, opening heavy lots and when goes to negative, they will close it,....hahaha.. I forwarded the videos to my friend. As we were about to take actions, they stopped the challenge, sighting glitches on their platform and backend. They are Thief and bigger , smart thief. I have to stop using them long ago. Immediately after that events, from that day, they have been bombarding me with big promo package, like deposit $100 and they will credit $200 bla bla ..instead of them to solve what has happened and build their trust.
Then any brokers that keep modifying their terms and conditions almost every week or month don't want you succeed. Because there is no way it can favour you, they will have a reason not to pay you.
Australia has one of the best regulated bodies ASIC, anyone that wants good broker, should go for Australian brokers that won't give Nigeria any issues. Unless you are a Nigerian living in the states and don't have naija documents.
Many now even accept crypto with zero commission in deposit. Fusionmarkets is an example not all these mushroom thieves.

Geovanni412:
They will be back. It is a temporary issue from their broker

They need to switch brokers and move to other platforms like ctrader etc

That is what their ceo is saying on twitter

better oo cos i dont trust any of these people until i see them running business again. MMM pro max comes to mind.

Petah:
What do you guys think about kot4x broker?

Run ooo. Not straight forward. You can try fusionmarkets or fp market , both Australian firm and do accept crypto too. Also swaymarkets is good but offshore.

ICTcadet:
Then heavy numbers of trader's are fried .

yes oo and thats where the prop firm makes lots of money from. CEO of fundednext once said he has a record of a top trader that has made over $100K net from his firm and has not spent up to, i think $1500 in challenge buying in 6 yrs while another one in his record has spent over $150K over 6 years and yet to cash out $1k. Majority of the traders fall in the later. By the time you calculate how much you have spent over time buying props, especially active buyers, the money will run to 4-6 figures without getting anything meaniful.

Fundingpips gone for now. Broker delisted from metaquotes. something is happening around these props firm that they are not telling us.
New way of large scales scamming? Manipulations? or hatred? 😔

ICTcadet:
Unless they are referring to the top 5% of the %1.

Exactly my point. That's what they are talking about.

ICTcadet:
Stat shows that less than 1% of "prop firms trader's" are profitable (and by profitable I don't mean making it to payout) I mean keeping the account over a year with at least 3 trades a month.

where did the Top 5% came from ?.

Well, I think some of the info given there are very useful , especially newbies and remember we don't have same knowledge of trading. You may start 5 years ago while someone may start 4 months ago, so you are not equal to that person's knowledge. Besides, I think they are referring to top 5 percent of that 1 percent of the successful traders you are referring to. It's easy to comprehend friend. That's what they were referring to in the book, not the losers.

PriceActionZ:
the pdf not loading, if anyone has a better way of me loading a pdf here, please share, its just around 2.5MB

loaded on the drive for public, i heard that not everyone on the telegram.

https://drive.google.com/file/d/1VO1R-kS7J_G1Lklnw68WWnaghNHYksi0/view?usp=sharing

let me know or like or share if anyone is able to download. Dont joke with those info, many of the normal forex brokers wont show you many of such data and info.

cc @LincolnOnyeabor

the pdf not loading, if anyone has a better way of me loading a pdf here, please share, its just around 2.5MB

LincolnOnyeabor:
Now this is Brilliant!

If one can find the Discipline to stick to it.

But you aren't taking cognizance of losses sir.

What is one to do in case of losses?? How does one cover them to continue the Streak??

Sorry for the delay in answering you...... well, no one has the formular for consistent win rates, and there will always be good trades turn bad and similar occurence like that. But one thing is for sure... if you have winning rates more than loosing rates, with higher profit factors, consistently, daily, weekly, monthly, then you are a successful trader.

Lets say, from my own way of trading, you have the numbers of trades to take in a day, lets say, 2 , and that 2 represent 2 percent of your account, once it hit the SL, you wait for the following day. Thats where the descpline comes in, which many of us lack.... and for TP, vice versa. Thats where you MUST have a strategy that has an EDGE. It may be order flow, Trading in the zone, Trading around STRONG SUPPLY/RESISTANCE ZONES and make sure its working.... having a specific TP/SL , work with Trade Manager and so on..

Now, recently, i contacted fundednext team on discord and asked for the data of what is common to the successful prop traders and how they trade and so on, may be they will give me. At least they have their data, but to my surprise, they sent me already made pdf of some top secrets of successful traders and what they noticed they do. At least its an eye opener. I believe the pdf is in public domain, and i believe , may be a lot here have it. But it reveals a lot of information including of what you are asking. Honestly it cant be easier than that. If you dont have it, download below, read it, digest it, learn from it and practice what they preach, then you will see a drastic changes in your account.

The screenshot from the ebook might also answer your questions. ( cant attach the pdf here, NL issues)

GUNITGuy:
That team was just lucky with lone goals and absolve pressure throughout the match....
There was no team we possessed them .....They weren't expecting CIV to score keep absolving pressure and counter attack .....
No team is Sustainable like that ....Most African teams are attacking in these tournaments ...
They were better teams than Nigeria....If Nigeria had met Egypt, Morocco, Algeria, Cape Verde, even Ghana it won't be what we are Saying ...
South Africa gave Alot of people B.p ...They possessed better and held the ball like Pros ....
The final minutes would have sent us out if that S.A rebound freekick was taken well it was a clear chance ...
Let's stop hyping Osimhen too much ...Let's make them proof they are worthy not just media noise that we've always made about the Super Eagles that we fully know it's Centred on the Defensive/opportunity Counters....
Can't create real chance except a Mistake which we Saw in Cameroun ...
We don't have a Playing pattern yet that is a real threat ...
Troost Ekong was definitely the best despite no one even recognize his efforts

to go these far is a miracle, thats why i dont like people criticizn dem. They too were not pained. They were too lucky. A team without solid attacking mid fielders, wont survive this new generation football pace. They lack everything mid field.
So people need to understand that they dont deserve that second space by the standard of this afcon, but here we are. So no need to critize them. Asuming SA beat us, they would have dealt with CIV cos they wont be able to match their speed.

ICTcadet:
I think the problem hear is there don't have an edge.

or rather say, majority dont stick to their edges either in loosing streak or ganing streak. We easily deviate. Someone will say i wont trade gold today, e do me shege, look at the person posts before the end of the day, it will be like i quicjkly scalp the gold again, and made few pips, lol. Then the following day, gold will wipe all the person's account. It is common here also.

ICTcadet:
Your Calculation shows that the person had no losing day, no losing week, no losing month

LoL.....

of course not, yu dont get the point...we are talking of net profits here... jsut like the conditions prop gives yu..many people makes more than that in a day and accumulated to weeks, but can they sustain just 2 percent per day or weekly target without deviating? even if you aim 2% risk a day, once its lost, move on for the day, same applicable to weeks.. then keep on moving up in that zig zag curve. Thats the point..

We tend to deviate easily and thats one of the problem with everyone of us, trading and monitoring all pairs same time. Once 2 percent daily is achieved, we tend to go higher, same day... then... loss.... get destabilized and anxiety sets in... then...more loss... then....revenge trades... then account blown away. lol. Thats just the diary of a common trader.

now idiots have started the blame game. Common, when they played SA, CAM and Angola and got to the finals, everyone was hyping them... single loss in the final ooooo, they started cursing them. Nigerians can never change. You faced over 50,000 locals in their own land, that we didint even hear nigerian supporters at all. I think they didnt even allow them in cos no camera was showing them......You think it wont be easy for one or two naija players to loose focus? i beg, they got to that place by grace and CIV deserves to win cos they played better with intimidating crowds.

Do you know that if you aim 2% daily either you enter 2 trades, or 5 trades according to your MM BUT must net 2% daily, and you start with just 25$ tomorw, you will end up in $2,400 plus by the end of december ....... ( Your first day profit is just $0.50.....yes, 50 cent but will you say its enough for the day and not aim for 5$), and in 2 years you will fear results.. . potentially over $700k

Many of us have a strategy that can implement that.. Just aim for the week results repeatedly which can be gotten even in 3 days...... But oh well..........are we descipline enough to do that? can we maintain to move away from the chart after making 2% daily?

Easier said than done, right? oh yes... but if yu think again what the current dollar rate is now, yu will think again that yu can do it.... A friend I heard about is now around $32k plus from 50$, in less than 6 months... She is going somewhere i know... Think again and restrategize, do something different in your tradings again if you are on a loosing streak for months...Government no go send you if rice enter 100K per bag.

samfelly:
I hear you, bossman.

lolz, wednesday o come, e go still serve majority breakfast. Gold is not for retail traders. Leave gold for moneybags, the arabs, dubai lords

lass lass everybody brain go reset. Na resource control go end tinubu administration. No be by mouth dem go use talk am, E go push everyone towards that direction. The north have indirectly started it na.

Elxandre:
But it was a clear penalty?

clearly, it was just weird.

geoworldedu:
The referee made the right decision. Anybody can also predict scoring at 86/88 minutes. If you want to know how teams score in the last minutes, then carry a live game at 80 mins. Ask the score to remain like that till the end. You will in most cases lose your bet. Ivory Coast vs Mali was an example.

Well i dont do betting though, but it sounds so weird. Yeah, clear penalty.

The guy will leave the club for them for better place soon and the club will cash out seriously.

I wonder what they will do to chippa united chairman that has been source of his encouragements.

No one even noticed a SA guy that was spamming NL SA-Nigeria match thread that day, saying people dont know anything, that south african will requalize at the 84th/86th minutes. Even when people kept shouting him down, he kept on spamming, eventually it came to pass around that minute.
I think we can see their gameplan and conspiracy theories against Nigeria. I dont know what he saw, but there were more to it, not just guesing. Who knows he might be part of those that had plan B to frustrate nigerians and nigerias players through the ref.

Remember, current CAF chairman is from SA. But eventually they were all dissapointed. I dont trust them at all.

Kaybee7000:
Sir 😊😊😊🙂🙂🙂

Or should I say might, lolz, no be my papa get the market ooo. But most likely.

Kaybee7000:
Lolz boss m ,I understand you clearly!!! But u know say for every sellers, there exist heavy buyers too right ? So buyers too might not be too wrong sir,what matter most is we are all profitable


Am hoping to buy anytime my buy set-up shows up any moment from now

of course yes na. Scalpers and day traders finding 10s of pips here and there will scale in and make money buying GU at intervals. Depend on your settings bro. but holding too much on buy swing, thats what i wont suggest for now.
The point is, if you see a very engulfing candle like that after too much ranging and vey tiny or no wick, there by closing strong, the next one or two candles will follow the direction.