₦airaland Forum

pinbar:
out! my oil trades are short, i know. Hoping to catch the trend like currentprice does it

Bolutumiii:
How about those support nd resistance that re close to each other, hw do one select ?? Thanks

Bolutumiii:
Oga redsox, can yhu teach me how you analyze the market .thanks

infofirst:
Took a while. Half closed and half protected til*1.1200

Fxwarrior:
Why? EJ is on heavy sell as we speak.

infofirst:
And then. Fx warrior... Who knows.... That withdrawal was simply just as a result of what you posted about Gold. You can reach me. Let me sponsor your internet data of up to 5k any time you are ready.
It was bonus and charity anyway and the very one that was sent to make it happen was you.

fxmoneysignal:
Forex Money Signal will gladly put you through and lead you by hand to succeed in forex trading.

Fxwarrior:
What's the best strategy to trade brexit; baboon, gorilla or monkey strategy?

infofirst:
Meanwhile. This trade was triggered. It went some 55pips in green only for it to turn negative right in my eyes just when I was asking myself if I should protect it with a positive sl. Keeping it there for now

JerryQ:
Happy new year all, how is trade going? As you trade,

What's your monthly target this year?

It's possible to end this year with x2, x5, x10 of your present account by growing it. Be strategic!

Fxwarrior:
Traded gold yesterday. It did a special makossa for me. Buy; No. Sell; No.

As a matter of fact I deleted until the vote is announced. Just hanging on to GA sell which triggered yesterday, expecting EA to trigger today too. That's my last trade for the week.

Fxmanager:
We want to put it very clear – there are lots of investment scammers online including this Nairaland forum who build nets of lies and catch naive investors into their web of trickery. Most times I bleed in my heart when i see the number of scam sites and ponzi investments promoted in this forum. We must all join hands to educate the investors in this forum about their tricks.
Earning income in an investment is a huge interest for investors; no wonder that scammers are hunting for the big money here.
The problem is that many potential investors hear a lot about making money in an investment, but know nothing about the specifics of the investment. Therefore these people can be easily lured into a scam designated as an investment.
If you read this article to the end, we guarantee that most of the investment scams will not be able to fool you. So, this is the short list of typical problems and how to avoid them.

Investment Scam Trick #1 – Send Me the Money
Never send your money to the investment company/money manager – your money can evaporate and you get no way to track who stole it. Even if they give you a bank account, today it is possible to open a fake bank account; so the chances of losing your money are very high.

Solution: You do not send money to an investment/money manager. You should open your investment account DIRECTLY with a regulated investment/financial company. Even if an investment/money manager will be managing your investment for you, at least that person should work with a top reputable, licensed and regulated investment/financial company that has global recognition online. You should open an account directly with the reputable, licensed and regulated investment/financial company and do not pay money into the account of your investment/money manager. You should be the only person on the planet whom investment/financial company allows to deposit or withdraw money from your account. This should be YOUR account.
The investment/money manager should only be able to perform trading operations with your money. They should not be allowed to deposit or withdraw your money (I.e your money should never be allowed to be deposited or withdrawn by a third party).
You should only be the absolute owner of your account opened directly with a world famous licensed and regulated investment company. You should be allowed to track absolutely everything 24Hrs.
There should be no intermediaries (who can disappear) – reducing the risk that someone will take your money.
AND, any reputable, licensed and regulated investment/financial company should be checking the identity of your money/investment manager, (i.e National I.D Card, international passport, Drivers License for proff of identity and Utility Bills like NEPA Bills, Water Bills, or Country's Bank Statement for proof of address). Better than any FBI and CIA. That is why you can be sure that these investment/money managers are real people who do not have any chance to run away and disappear.

Investment Scam Trick #2 – We Guarantee Profits
No one is allowed to guarantee profits on any reputable online investment – this is against the law.
The reasons are obvious, because any investment is risky. Even if someone or investment/money manager has been making profits from the investment 60 months in a row – there is no guarantee this investment/money manager will make profits the next month.
That is why when you see any High Yielding Investment Program (HYIP) or other investment programs which say ‘we guarantee X% monthly or Y% daily’ – congratulations, you have found a scam. It is prohibited by law to promise any guaranteed profits from investment.

Investment Scam Trick #3 – Great Reviews
“I invested the money, because the program had great reviews” – a typical phrase of a ripped off investor.
Investment scammers are smart and have enough money to hire dozens of people who sit on public forums and brainwash naive people. They write fancy articles, they submit nicely-looking videos to YouTube , make positive comments, give fake positive reviews – they know their job and their job is to make you believe. They are even running communities that are supposed to be unbiased, but in reality make people believe and go into fake programs.
Even if your best friend is recommending a HYIP – this friend can be fooled by the forums, reviews, articles, press releases and videos.

Investment Scam Trick #4 – They Paid at the Beginning
Most of the scammers pay at the beginning, because they have to feed the market and spread the good buzz. Before they start any scam, they have at least 6 months’ reserve for payouts – but they will rip off people for much bigger money.
For them this “payment at the beginning” is like an investment, a necessity. For naive investors this is bait. You would be surprised how many people got caught onto that bait. Maybe even you were one of the victims. If so – sorry, but you should have read this earlier.

Investment Scam Trick #5 – They Had Nice Income %
Come on! Anyone can take Photoshop and draw everything. Pay $50 to a good web designer and can “boast” with screenshots of billions USD on their account as payment proof. Even a suppose affiliate of an investment that post screenshots of payment proof that person could be an about to be ripoff investor or the site administrators hiding under the cover of an affiliate who can produce screenshots of fake payment proofs to deceive you.

How are YOU Going to Prove That a an investment offer NOT a Scam?
Even such a great write up should not make you trust the writer. If you trust the writer just for reading these tips, then you have missed the idea of it – Take the veil away from your eyes.
There is just one thing you can trust in this world with your investment/money managed by your investment/money manager:
1. You should open account directly with a top regulated and audited investment financial company.

2. Your funds should be segregated from the investment/financial company’s funds and held in top tier banking institutions in your name and secure and should not be used for any other purpose. This means you remain the only proprietor of capital invested. The investment/financial company is not allowed to send your investment to another account and never will, because they are being audited and verified.

3. This financial company should checked the identity of your investment/money manager better than any FBI or CIA (i.e. National I.D Card, international passport Driver’s License for prove of and Utility Bills like NEPA Bills, Water Bills, or Country's Bank Statement for proof of address) and you can be sure that investment/money managers are real people who cannot disappear.

4. Their investment performance should comes directly from and audited by a third party website , so you can verify their results.
This does not guarantee you any profits, but this guarantees that you will never say “My money is gone, I do not know where” – you have real people doing the job for you.
MORE TO COME………. and you can also add your own

Fxmanager:
Give people a brief detail of what the opportunity is all about, in this forum first, before you expect us to contact you privately.

Potential investors, go through the link below before joining any investment program.

https://www.nairaland.com/3925359/investments-anti-scam-fraud-guide

dowjones:
I don't know enough about binary options to talk about it.

purleesh:
Sir please the Graeme you quoted what's the full name?

AwesomeDuru:
I need you guys to clarify something for me please, I'm a newbie and I'm in my last stages of study on babypips, but I read something there that has really discouraged me. They said you can never be profitable with $100 capital, that one needs to start with at least $1000. How true is this please, because $100 is all I can muster for startup. Can't I take very low lot positions like $0.01and make my little profits? Will leverage truly weigh me down? Did anyone here start low and is still surviving?

I know I have to demo trade first, I have been doing that now for over 2 months. So just leave the part where I should learn how to trade first

AmeLonRo:
WHAT The hell is going on. Any explanation for the move ?

Fxwarrior:
Am thinking aloud. How did I come across Forex trading? Well there's this newspaper "Success digest extra" where advertisers or info marketers hype one business idea or the other.

Forex was captioned a goldmine and I was interested. Marketiva was a broker during that 2007 that I opened account with.

It was a period when usdjpy was crashing and I was buying low, erroneously thinking the value will rise so I can close in profits. For where?

It kept crashing, I removed stop loss until I received a margin call. That was my story.

Shevychen2:
Excellent point.

It's a pity that many of us still dont understand the shady stuff that happens in this industry. A large majority of contests like these are usually rigged by the brokers. The end game is publicity and the 1% of traffic, generated as a result of the competitions, that will end up opening and crashing live accounts.

Let's even assume 1200% in a week is real, it is not responsible trading and will never be. In fact, whether you are making 5% or 100% weekly, it is pointless to real investors until your Value at Risk is analysed. If you are making 100% a month with 80% VAR and another trader is making 10% a month at 20% VAR, the second trader is almost guaranteed to outlast you and he will be the one regarded as the better trader in real professional circles.

Again, it is easy to make 50-100% of $200-1000 in a week, taking sizable risks but will your emotions allow you to repeat the same level of risks with 10,000? What of 100,000? lol That's when you will know that -100 pips get levels.

Anyone not looking at forex trading risks and returns professionally and only focusing on respectable quarterly and annual returns will most likely end up funding multiple accounts as they keep struggling. Excel sheets can show you how easy it is to risk 5% per trade, make 50% a month and turn $1000 to $1m, but in real life, we know how it goes.

This is a business. Not your way of quickly hammering in a very short time. Again, those that survive are those that have a long term view and focus on becoming professional in every ramification but most especially in setting trade sizes and targets.

Fxwarrior:
Forex is far better than football betting as you can't guarantee the outcome of a game but you can guarantee the outcome of a trade.

Shevychen2:
Not sure anyone can guarantee trade outcomes but I agree Forex is in a different league to football betting because with a good strategy, you can predict directions to a high level of accuracy. Even when you are wrong, you can take a small loss and switch positions to recover and make more.

priceaction:
Never , I repeat, never follow those strategies used on those competition or contests on live accounts . You won't last. They are just there to collect the brokers money which is difficult in the long run because by the time they win, the term and conditions will make them return that money to the broker with even more loss. Imagine trading over 50lots within a month on the account before you can withdraw the profits as part of t&c. That's a disaster in waiting. And lastly be patience , and patience and patience before you click BUY/SELL. Focus on niche pairs, be like currentprice trade for profit. We will laugh last.