₦airaland Forum

So this week I u started with$12 and I trade three times.lost two and win one then which brought my account down to $11.

Mistake this week is allowing market to play with my mind.

So next week either stop or take profit.

No more emotion

sweetveek:
whats the best broker to use?

Bro if you get better fund like $500 just deposit on any regulated broker you research and prefer to trade with.fxtm, exness, kwakol, FBS e.t.c.they are all good just read about them and pick one you love like.
Or
If you get better fund and you know how to trade profitably just buy pro firm account cuz people don't deposit nowadays.every profitable trader now use pro firm.

But if you have less capital like me just open a cent account.

Determinedbobo:
Please did you learn everything from scratch from those channel? Or you had a mentor?
I'm a student, I want to learn but don't know where to start from

Bro to be truth with you I never have money to $100 to anybody for mentorship so I learnt everything on my on but the basic like how to identify support and resistance, pattern e.t.c was on YouTube but my trading skill was learnt on my own staring at chart for hours everyday since 2021.

But I get distracted when I was trying to learn everything like ICT, SMC, Fibonacci, e.tc since I stick to price action on 4hr bro I see changes.

But I still struggle with my mind.as you can see up there I would have double my account this week but my mind is dealing with me

peteradoga3:

I have finished learning how to trade forex, I am now able to make consistent profit. But I lack the capital to start trading live.

That's why I have decided to raise trading capital by asking donations from 🙏Nairalanders to donate any amount for me, I swear, I promise to return the amount donated (more than the amount given to me) when I eventually grow the trading acount.

Union Bank
0094982142

Thanks so much for helping a brother

This is not acceptable bro.capital is not a problem for profitable Forex trader.someone just grow $1 to $10 on volatility 75 yesterday but here you are begging for fund.bro enter site or wherever you can hustle to deposit $10 then grow that.you can post your growing process on nairaland or Twitter believe me investor will disturb your life with fund as long as you have proven your trading skill.so quit this nonsense

I closed a profitable trade early.time to deal on mind

Mind win over me today

Blue

Another stop loss for the week

I suffer from impatient this morning which brought my account to $11.well every loss is a lesson.

Ojimmu95:
Alright thanks,if I may ask, don't be offended, are you now moving all your focus from crypto to Forex?

I still trade crypto but I need to focus on Forex more

Week finally start and here is my balance.
My main focus is usdcad.am expecting a break and retest of this resistance

Ojimmu95:
Wow, three months, thanks a tonne for your input, actually the reason why I have been procrastinating is because someone told me that it will take me one year and 6 months before I can start trading, so whenever I want to start learning and I remember that thing he told me, I just get discouraged
I will visit those channels you just listed out.

Don't allow negative people to impact your decision making learn to do your findings on your own but I have been in trading world since 2021.maybe you misunderstood the person you can learn everything within two months but it takes time before you can start making a dime on trading which is why I said remove get rich quick mindset.after you learn how to trade and adopt your own strategy you deal with your mind,greed,fear.those are things that will delay you for years

Ojimmu95:
Good evening bro, please I have been procrastinating about starting my Forex journey, but with this your thread, I'm sure going to kick-start next month, so I want to ask how long did you practice before you opened this account?
Secondly could you recommend the YouTube channel you have been following
Thanks.

I have been in crypto since 2021 and I started Forex three months ago but all is a chart.as long as you know how to analyse you can trade anything that have chart.

Check Rayner Teo,the trading channel (TTC) and ndemezie godlove.those three channel get everything you need from beginner to pro if you are fast learner.

Avoid indicator base strategy or scalping as a beginner.learn market structure and pure price action and avoid any get rich quick mindset.

gnykelly:
Should I register with exness or fxtm.

I'm confused.

I prefer fxtm for now but you can register for the two as I have done.then log login to both of them on mt4 or mt5 to compare the one you like.i have account with exness,kwakol and I have account with fxtm

gnykelly:
Please don't get discouraged...there are a lot of negative people here.

Master a strategy and keep to it.

Thanks alot bro
I have been a member since 2018 so I know all this and I was on crypto trend since 2021 till so I know about negative people here.all of them will be ignored except who ever ask reasonable questions like yours.

I have stated I don't teach neither do I have any private group.youtube is free with lot of content.

Thanks once again bro will see you around as the thread commence this new week

gnykelly:
How much did fxtm charged you per Dollar.

No charge at when I deposited.i type #8800 and I was shown I will be getting $12 equivalent but there spread is little bit higher than exness.exness spread on gold is x4 of fxtm so I just stick with fxtm

My favourite currency pairs

The goal is to grow this account to amount i can use to purchase a dream $100k pro firm account.

My email is active to partnership and business.please don't message me that you want to learn cuz i don't teach.

God almighty please lead me as i start my journey today.

My total balance now is $11.35 cuz I still get a running trade on AUDusd which make my equity $13.

Am a swing trader which means I don't trade everyday and I always wait for perfect opportunity.

I don't teach neither do I have a private group.if you wish to learn check YouTube or babypip.com

I lost $8.59 on first week of July bring my account down to $3.41 and I just recovered all my money back this week

So I open a micro account on fxtm to trade with USC cent account which means 100 USC is equal to $1

Dairy of Forex trader trying to build from scratch

Tohmey:
What i want to learn is P2P, If you can teach on how to trade P2P profiteable abeg show up

Am not a P2P merchant.check madam omobila121 here she will put you through

I don collect stop loss on usdcad with my cent account.

Loss and win that is trading.nobody win every time.just manage risk to loss small and win big bye bye

With all the hype on cardano it supposed to do numbers during 2021 bull run but the supply is much.coin like sol and axs move because they have good community, the hype, million supply.mind you cardano also have Blockchain like sol but it's what it's.

Many coin that was reigning in 2021 have died or no where to be found btt,cake,bake,win,btcst e.t.c so invest wisely and learn how to move with hype there was a time play to earn, gaming,metarve e.t.c are reigning but the hype is gone whoever is holding base on that is on his own.

I said these so everyone can learn to stop following the crowd.this is why they always says only 1-3% is profitable in crypto.the rest 97% are just providing liquidity.

Ask what you want to become in crypto investor,trader, airdrop hunter,OTC, P2P merchant e.t.c and learn how to achieve it.

Am a day trader but I hold some trade they hit target.i don't invest.find your own way

You people need to stop condemning alt coin.see this crypto is a business that everyone needs to master there own aspect.forget what everyone is saying.if you want to invest learn how to invest with DCA, fundamental, research about Dev and sponsor of the particular token, total supply e.t.c you don't need much of TA.just DCA anytime there is dip on your favourite token and go about your daily business.

But if you want to trade you need to be extremely good to at TA, controling of emotion and phycology.

Simple as that.

You can't make life changing profit with $1k start up capital on BTC.one woman said op was launched at wrong time(bear market) which make it tank first few weeks.i taught the woman was joking but the woman make 5x when it later pump with her DCA skills

Well I already collect my daily bread for today

Enyinne:
I don start dey beg ARB and Op as my long term bag .I believe long term both will pay off .

Take a look at cfx and id those two coin have potential.expecially id with just $90m marketcap and it is still at cent no even a dollar yet.not a financial advise please research about them before putting your hard labour income.

Bro you don't need to open position every day and always check high tf for directions.
Gbpusd is looking like a buy.
Daily already break and retest last two week and 4hr break yesterday and retest today.

One love bro.

princejones:
I lost millions in futures trading, futures trading is worst than virtual betting

.

Buharidgeneral:
Almost 24hrs here jikowyi Abuja

Can I DM bro.please I need a room in jikwoyi

I stay at dape

adedayoa2:
Jikwoyi Abuja, 98%

My sister can I dm.please I need a room in jikwoyi

Weirdgee:
Sorry I entered 42.0 not 42.7 and market was at 42.250 as at then

Check your order again.the price trigger at 42.07 because you use market order.when market get to your order price.the market will fill next available price for you but if you use limit Order market only fill at your order price.

I have had long sharp wick above my stop loss twice and my stop loss did not trigger no opposit order to fill my own limit order but if I use market order it will trigger with next available oposit order.

Last two week I set my stop loss to lose %21 but I wake up to see my stop loss as trigger Andi lose %39 lose as against%21 lose.i check my order type to see market order.the candle move faster pass my stop order and market order fill next available order for me.


Market order fill next available order for you while limit Order fill order for you at your set price.

Once you ready to trade market order will mostly come on first.it is you that will change it to limit Order and if you forget to change you are trading with market order.