₦airaland Forum

XAU: Demonic move.

CopyJoe:
Qpetz, how do you do it that you always have zero drawdowns?

Respect!

Let's learn from you.

I do have drawdowns, sir, luckily, not much. My trading style: I use higher time-frames for entries and exits (lower time frames are noisy for me and I don't have the time either, there is more to life than looking at charts frequently). I study trade ideas of different people ('two good heads are better than one') and most especially, listen to my intuition. Psychology cannot be overemphasized, too (resisting the urge of over trading). Multiple wins or losses affects us psychologically and could cause us to loss pips instead of gain more.

I'm still a student and will forever be a student in the school of Forex. I see Forex as a game. It mirrors our personalities in real life.

Thanks to Infofirst for this platform which is helping all of us becoming better traders.

To all contestants, there is no holy grail anywhere, instead of looking for strategies, create one and be disciplined enough to follow it come rain, come shine.

But what do I know? Nothing.

[quote author=GabsonFX post=104196490][/quote]I admire your discipline, sir.

Tony142:
The 12 stages, which all traders pass through are:

1. Fantasy stage
2. Get rich quick syndrome stage
3. Jumping from strategy to strategy stage
4. Fake Reality stage
5. Harsh Reality stage
6. Frustration stage
7. Depression stage
8. Forex is a scam stage
9. Given up stage
10. Persistence stage
11. Breakeven stage
12. Profitable stage




This stages is like a circle, The annoying part of this stages is that, you can be in stage 10 today, but in 2 months time you might return back to stage 3. And start climbing up the ladder again, and the circle continues



I do not have time to explain each of the stages now, but when I have the time I will explain them, and add a lot of humor to it when explaining them, trust me everybody on this thread will relate to each of the stages when I start the explanation

The psychological aspect of Forex. We await your explanation, Bro.

‎

samfelly:
$1,000

That's a huge amount to 'start' a live account with, IMO.

Xau is playing games.

"There is a time to go long, a time to go short and a time to go fishing." - Jesse Livermore.

[Having a break from trading can often make you a better trader]

Wish y'all a pipful week.

N20: Skin (Razor blade).

[quote author=infofirst post=102164212][/quote]Happy Birthday, Boss. More blessings.

[quote author=infofirst post=102143620][/quote]Thanks and God bless.

infofirst:
"we will return to only currency pairs and total max lot size that can be traded will be 0.05. And every position must be 0.01 lot size. pips making is the goal not high returns with minimal pips making"

Can you break this further? Coz I don't understand. Does this means that if I'm using 0.01 lot size, I can only take 5 different trades?

0.01 x 5 = 0.05 (Max)

charly20:
But using 11 lots is now gambling nah.... Where is the risk management in that?

Make una no oppress me abeg, na newbie I be

It's a trap. Only greedy participants will fall for it.

charly20:
I think the rules should go back to currency pairs during next contest @infofirst.... Frankly speaking.

Seconded.

Donsheddyguru:
Ayam not understanding again oh...
E be like say everybody go find there way to UStec and us30 oh....
How come qpetz was able to use 11lots, that's approximately 1lot on currency pairs to trade...
Nna I no do again....
Wetin dey occur

You, too, can use 11lots if you want.

[quote author=Akinnraland post=101964019][/quote]Sorry for the late response. Check your mail.

gale2626:
Pls activation key needed for UTME CBT practice 2020
Product key:FXEFT54QY6UTME2C

thanks in anticipation.

Contact the OP.

Sorcery.

Boss Infofirst, thank you, for this platform.

Shout-out to all contestants.

It's one thing to win and another thing to be consistent. However, winning is not the essence of this competition, learning and growth is.

The market is a wild jungle. Only few people survive, with scars of course.

VlamesIffect:
Wow... See performance!

It's not about performance. Can you be consistent?

"90% of traders lose 90% of their capital within 90 days".

Sometimes, I wonder if some of you understand English language.

Gudjay:
Someone here is sounding desperate for people to contact him for help with connection so he gonna rip them off. I DIDN'T QUOTE ANYBODY OH. Just advising y'all to be careful not to be ripped off. No doubt, people could still be asked to upload documents. But be careful who you contact for help help. Desperate times. The guy sounds like a good marketer but he is directing his skills wrongly. Everyone should just be careful. No go carry 2-0.

You're smart.

BLOSSOM96:
Last minute moves everywhere, someone on this thread scored less than 50 EH, the person is uoloading documents as we speak. Naija I hail thee, if you can't beat them, join them.

And what should we do with this?

Cynthy008:
Imamofpeace pls you said mails was going to drop on Monday. Please what happened?
And when should we be expecting?

Ain't you tired of false prophets and their false prophesies? You're asking for more.

infofirst:
If you can not trade major pairs successfully, you can not trade gold successfully.

Not correct.

infofirst:
After reviewing accounts of top competitors, If table ends this way later today
Prizes will go as follows

@Aluspeciality $100
@don_sheddy $60
@qpetz0 $40.

Thanks and God bless.

infofirst:
And third weekend.
The table and solo prize remains as last week. Congrats and keep it up. Last leg on now.

More disqualification mostly due to over trading.


@Aluspeciality $15
@don_sheddy $10
@qpetz0 $5.
Dm by 2pm if table did not change

Thank you very much.

Where is Zoputa?

infofirst:
And second weekend
@Aluspeciality $15
@don_sheddy $10
@qpetz0 $5

Thanks, Boss. More blessings to you.

infofirst:
Top 3 going into 1st weekend

@Aluspeciality $15
@Terrafx $10
@don_sheddy $5

@Terrafx risk management was the best of the 3 so far. Mr Sniper Trader. Keep it up . Meanwhile, Its just starting as the swing traders are still coming to give a run.

Dm to claim the prize.

Thank You

Thanks for the kind gesture.

jlomz:
Boss Man @Scheme124 you said "most" of the GT applicants were affected by Age?
That's an interesting stats oooooooooO, by most are we talking like 50% or so of those sent email to update their info.
We hope for the best and just like @Jasonex wished that the sample for shortlisting should be increased at least.

O Ye Human, what's interesting about the stat?