₦airaland Forum

Donsheddy:
Bespoke na legit firm

thanks boss. make I sharpaly go register

DigitalyYours:
BFP COMPETITION

who don hear about this prop firm


where is The link?
hope e legit?

Nwadaka:
This tin wey u dey post everyone fit runnam, Do it "Before" & "After". That's how stars do ✌️

sup bro.. it's been a while

if you must dine with gold, you will have to dine with a long spoon.
I really learn some serious Lesson from the recent gold call by Mr Gabsonfx

Westerhoffe:
Buy enough walnut, boil it, dry and grind it. Mix it with pure natural honey.
Take 2 tablespoonfuls morning and night for 1 month.

You'd go for Thanksgiving.

should the back of the walnut be pilled before boiling and drying it?

karkinase:
Hehehe 🤭 Us30 you wanna dine with the devil 😈

😂😂😂 although us30 is more volatile, but not as bad as gold in my opinion. gold literally sets traps everywhere.. if one trap doesn't catch you, the other ones must surely catch you 🤣

Faithhill2:
You no go understand. I need money and although I don't want to put pressure on myself, November is still too far to be hoping on competition account profit that may or may not come.

with this your mindset, it will be nearly impossible for you to make even 1 naira from the market if you eventually get funded..

you think you can make money from forex when you are desperate? you must be kidding.

and for you to even be thinking like this shows that you are not mentally strong enough to go live.

in forex, you can't make money when you want to make money, you make money whenever the market offers you money..

like officialp said earlier "slow down"

GabsonFX2:
Gold update

That same trade is now @ 104.0 pips (see chart).

As previously mentioned from previous analysis, Gold will now be left to either hit 600pips profit or 500pips the least, or until it is exhausted - then I can close manual---All these would be next week to decide coming out of this trade.

na boss you be

infofirst:
@realone12 @Pipsmarshal.

I loved the fact that you both accepted responsibility for the loss of the accts.
And that you do not lose to DD is indeed an improvement.
Kindly try and come back with a long term plan. No rush to pass acct in one day. No time limit accounts are supposed to be a blessing.
Every challenge account is now supposed to be treated as a funded acct that you only need to make 13% or 15% before you can get payout.

@kaybee @pristinee @mystiquefia
Treat your competition accts with all your heart.
The market is brutal. It does not care.

2% on a $10k monthly is roughly #180k in our nigeria of today.
Imagine 2% on a $100k.
Etc.
I know it is not easy but it will be harder if we keep breaking the rules.

Limit your currency pairs.
The stress of trading one pair alone is not easy much more many.
If you want to trade more, trade related pairs like usd pairs. Jpy pairs. Euro pairs. Etc. Less is a strength in this market.

thanks boss for all you say and all you do. like you said, I think the best thing to do now is to sit down and re-evaluate all the position I opened all through the phase of the challenge and spot all the mistakes I made.
thanks to everyone for all your words of encouragement and kind words.. we must not relent

Kaybee7000:
Omoh readone hope u still are still using ur normal LZ sha cos this matter of almost loosing ur acct dey surprise m o chief

I broke so many of my rules. i have to be honest, I didn't follow my strategy most of the time.. now I payed for it

karkinase:
Omo I can picture how you tried to sail the ship in the intended direction but the storm was too strong to handle.. you tied brother who no go no go know.

indeed the storm was huge.. all effort to navigate through the storm proved abortive.. but I'm glad i didn't lose the account through daily DD like I do in the past. this time around it was lost through Max DD-which I consider a step In the right direction.

PIPSMARSHALL:
The END
Phase 2. Max drawdown. Almost passed, Not happy but i'm back to the trenches. I wish but it is what it is.
I blame myself because I didn't follow my rules squarly, I also blame eight cap broker for their nonsense candles. It's no excuse but when a trade gets stopped and moves in ur direction in more than 10 trades, its the broker and not the trader. Who blames d broker more than the losing trader? Profitable traders who know that the brokers are after their earned dollars. Or na me no dey set stoploss right. Anyhow sha. Maybe I lack patience

I no sabi wetin dey rush me sha, I'm cool now tho.
I'm a RICH trader and not a broke trader anymore.
I have the skill, but it takes time to conquer greediness. Na my greed crash this challenge amd previous challenge.
I have conquered greed, just that I didn't obey my lotsize rules and positions on this one.

I lacked patience, maybe because I got frustrated by the broker but I suppose maintain my cool since I know the brokers are after my money. Soon, man will get these pay checks steadily.

Unto the next
As you were.

finally lost my 25k account this morning too.. it was a very rough ride.but I'm glad because alot of lesson has been learnt...we move

the way gold dey behave ehh.. I strongly believe na woman em be..this game of playing hard to get is getting frustrating

VeeVeeMyLuv:
Top notch capital preservation on point. By now thousands of people across the globe would have blown up their accounts by not adhering to money management

I see alot of similarities between boss infofirst and boss gabsonfx.. there trading mentality and approach to market is almost the same..wow

charly20:
Eurusd Euraud Eurjpy
Sell am full margin next week.

you dey see well boss

fortune183:
Lol i am no longer scared of drawdowns. I only avoid and rule that is less than 5% drawdown. and of late i avoid any firm that is not balance based prop firm.
so i open multiple trades with multiple different currency pairs to hedge my risk. if one country decides to mess me up surely the other countries or currency pairs will not mess me up. if other to also escape the drawndown trap when i see that one of my trades have mentally (in my mind) hit my stop loss i will first ensure that one of my trades hit take profit for that day before closing that losing trade lol. you just need to be smart with their annoying system.
Also when you know exactly where the market is headed you will never be worried about drawdowns. the market will always give you their respect. I had up to twelve trades i want to take but i ended up choosing my best five because of their 5 trades max rule which the same thing as a leverage of 1:30

I gat you..I think the balance based draw down explains it all

fortune183:

I got 11th position in the competition

looking at your trades and I must commend your mentality.

how do you sleep with multiple 5 lots open positions?

I see you left your positions open for multiple days in most of your trades. (with max lot sizes)
is it that u don't experience massive reversal in your trades?
how do you do that without inccuring 5% drawdown?

is like na me no understand the calculation of this drawdown of thing. pls I need a little more clarification on that

fortune183:

I got 11th position in the competition

congratulations bro.. abeg how them take pay una the money you won? what's there methods of payment

richgen:
Remember guys today is NFP. Kindly be tread carefully.

If you must trade, let the dust settle before you do.

A good day here today for us.

I foresee a massive whipsaw today..

rainlover:
MFFX has 5 lot maximum across all open positions

thanks boss

iichidodo:
[color=#1986BC] Pls can somebody complain to TFT's support on why we aren't allowed to trade yet for this August even though we've all gotten notified on the start of the comp?[/color]

check all the currency pairs you selected. there should be .X at the end of it .
e.g instead of EURUSD, it should be EURUSD.x

when selecting your pairs, u can select pairs with .x suffix at raw majors and raw minors

I believe you are trying to trade pairs without .x suffix that's why you are unable to trade

samfelly:
Lot size rules aren't the same. Where TFT accommodates a total of 25 or less lot size, depending on d instruments you stack up, MFFx only allow 5 lot size max

noted.. thanks sire

samfelly:
@Rhynoemmie and Riverrun, you'll both agree with me that Rainlover meets what Comrade Feshizzy requires? But if you guys have any contrary opinions, kindly state them, please

boss samfelly, I don't really understand mffx competition lot size rules. is it the same as TFT and funded next?

OfficialP:
Spot on. I remember the day I posted here that I have found my edge and that I know what am looking whenever I look at the chart, the confidence was over the roof. After posting that statement, losing trades starts piling up until I blew the account.


Risk management is good, but there's something people don't talk about, which SELF AWARENESS. Its very vital also

the thing be like spirit. the moment you dare make mouth and raise shoulder, that's when the losses go start

rainlover:
GU mimicks Gold movement

swears.. na the same Dem be

Donsheddy:
H4 not looking good... Sl moved to entry

for you to be able to focus solely on GU..na man you be..

pair wey be sey na manipulation be em foundation.

I swear if u can successfully trade GU, you can trade all other currency pair

Donsheddy:
Very very difficult... I just joined the bears now, had to wait for the noise to clear abit

you are on the right track boss

aynerodcirus:
Too much pride. Na ur type dey sit for back bench. A nobody in a zone is a king in another zone. Where person own end, na there another person own start. Try dey humble, you might need to learn a thing or two from those new freshers. Jux bcoz they are freshers doesn't mean they are dull.

no take am personal bro. Na so we dey role here.

We dey scrutinize new moniker wella even to the point of provocation. Just know we love you.
Na the part of orientation here. To make understand this place na no nonsense place.

Snake oil sales men and people wey dey claim 100% winning strategy no fit survive here because of the solid foundation of this thread..

Feel free, make your self comfortable.
You are welcome

aynerodcirus:
This is a statement of a pride fellow, but it is well. It's your kind of person.
Meanwhile it was keynote, not advice, and it's for newbies not veterans and lords of whatever that you claim to be. Jux coz you won a prize not even the competition doesn't mean you have reached the peak, so be calm and humble.
Try to understand words next time.

I no be Lord ohhh. Me na humble learner..

I said lord full here.. abi is there anywhere I call myself Lord..

Omo I get many people I'm learning from here oo. People like infofirst, Galleryeasy are the notable ones.. gabsonfx follow (when he was active) abeg o

karkinase:
I just remember when we Dey school den, e no dey hard us to know freshers the tin just be like mark for their head even if dem argue the mark too clear..

🤣🤣🤣

karkinase:
Omo to break in for this FTA na war oo.. new monikers no dey fit survive the gbas gbos before dem go kawa .. anyway Weeknd dun end no gbas gbos, market be nice this week 🤲

this place is full of veterans and Lords of the market..

you check am now,it's somehow for an unverified person to just walk in and start dishing out advises..

place wey men wey sabi choke..
even forex factory no legit reach here.

teemy:
Yea, the spelling Kendoschurle is wrong.
I'm trying to get the corect one

I think it's kendoschurrle... it's double "RR"


but by the way, why u dey look for him?
abi him dey owe you??