₦airaland Forum

Working on myself in this trading business is my focus and I'm doing this by trading my strategy both on demo and live.

Happy New Year once again family.

Cc infofirst, oga boss how you dey now?

Happy New Year to you all my FTA family.

Compliments of the season to you all my FTA family.

Much love.

I greet you all!

Mystiquefia:
Thanks boss
But it doesn't involve signing of Agreement papers, does it?

I don't think so.

Mystiquefia:
pls has anyone gotten to Live account with Maven prop firm?
I'm asking cuz i want to know if asides from the requested government issued ID and Proof of address, if there's anything else they required in KYC

Concerning this when I asked about it some months agao on the livechat with maven, I was told that if you have int'l passport it is enough for their KYC.

However, you can verify by chatting them up.

Good day guys.

Make sure you know how to trade very convincingly to yourself before diving to trade for real.

And I don't mean you should become a pro before launching out but be profitably consistent in your trading.

The process is very important so don't jump over it by focusing on the money. This can only end in losses and blowing of accounts.

I love all of una.

Cc samfelly, infofirst I dey hail o.

Cc infofirst, Oga boss how are you doing over there? I believe this meets you well? Long time to you bro.

FTA family una good evening.

Forex trading kogbagidi rara na PATIENCE e need.

I dey learn this everyday.

Some persons will not let the sleeping dogs lie jeje.

Hello guys, do note that the daylight saving time (DST) is off. Adjust your trading according to the time correctly. NY equity open is now 3:30pm Nigerian time.

samfelly:
You're good, nothing do you. E sha ma rora o. E ma lo te 0.5 lo jo kan. DQ ni yen (easy o, no go press 0.5 one of these days o. Na disqualification bi dat by system)

Thanks bro.

What a relief.

I say make I trade this my setup for my maven as I only traded it once since I won it. You know killing 2 birds with 1 stone.

Cc infofirst, samfelly,

I mistakenly entered a trade twice with 0.05 lot size. This was as a result of my phone screen being overly sensitive and also the mistake happened because I was trading my maven account at the same time I was trading darwinex which I had to reduce my lot by half but returning back to darwinex I forgot to reset the lot back to 0.10 because I wanted to catch the move of my setup.

I didn't even know until now but I've closed the trade immediately.

Please, am I disqualified?

Some people got special skills for bad mouth here sha.

samfelly:
An hour ago, here, it apeared as if it's going to rain. In short, the weather was cloudy and washed clothes where brought in from the line outside, cause precipitation seems certain. But, to my amazement, everywhere suddenly cleared up. And the sunshine that followed this little rainy (intended) drama would cause a mad man to ask another mad man if the sun can cause one to mad

I am here comparing trading with nature. Yesterday, it seems gold was about to sell (daily candle appeared to), but before you know it, it started buying, real hard; thereby closing the weekly candle bullish. It was intriguing observing that

Trading sweet sha, just like nature

The unpredictability of the markets is want makes it intriguing and mysterious which lead many a trader want to master or should I say control it.

The markets are very interesting.

realone12:
the way I quickly Rush to announce my success, let me use the same energy to announce my failure.

you can be the most talented trader on earth, but if you are greedy and not discipline, you are as good as a newbie. a Man who cannot say something and stick to his word is not ready to face life.

ladies and gentlemen, meet Realone, the most greedy and indisciplined trader in history of forex trading.. I resolved not to trade again after hitting 65%, but on waking up todays, I opened my chat and saw an almost perfect set up. I quickly made a calculation in my head that even do I lose 4% today I will still end up winning a cash price and a challenge account. that why not take the risk.. I ended up risking 4% of 165000 which is 6600. I thought even if I lose the trade I will end up at around 161k which is still a good position. but what o failed to understand is the DD calculation is based on the initial balance of the 100k, so the 65k profit I earned doesn't account.. that's how I ended up 6600 thinking it's 4% not knowing that everything is being calculated in respect to the initial balance, so that makes the 6600 risked above the 5000 daily DD.. after some few hours I placed the trade, decided to check the trade and I found out that I have breached the daily DD.. just like that.. all the hope all the dream everything was gone. I can only blame myself.. I doubt if I will ever be able to attain this fit coz this trauma Will remain on me for a very long time..

brothers, I present myself for your brutal insults and scolding.. I am my own biggest obstacles

Don't beat yourself bro.

This is some of your character flaws and only you can get rid of them. If truly you're tired of this emotional roller coaster this your flaws put you on then you're ready to get rid of them.

Just do it. It's simple. Don't complicate things.

Also, I think maybe you shouldn't blow your trumpet just yet until you get to withdraw and reward yourself before letting FTA knows. I believe this will relieve you of the pressure of the FTA space here.

Just do your thing coded.

Realone12 congratulations to you. I'm expecting your funded to withdrawal news on this account. Good luck!

More success bro.

samfelly:
My oga, to simply put it, Play Don Taya Me.

Gabsonfx2 no get ten heads. He simply took what pays everyone (d 5% or less) serious. Make I serious too. This restricted lot size Infofirst bring na the banger. I don sit down use am search ma soul inside-out. Flaws are being corrected.

At times, I am tempted to want go against the restrain and add to my position, but when I remember it is for my good, I caution myself.
The Market holds all the wealth and riches in the world, but without some healthy restrains/restrictions, you will be confused as to how to successfully accumulate the said riches.

Happy trading

If we don't work on ourselves no one can do it for us.

Accepting responsibility to become better and being intentional about it is key.

Personally, with the tiny knowledge I have in trading is more than enough to set me up for life.

But if this will be so then the onus is upon me to do make it so by expelling out of me my character flaws without self deceit.

If you over trade, move to increase your stop when your running trade is against you or you break any or all of your laid down trading rules, you have character flaws and ONLY you can work on it.

From my mentor.

I must learn to accept my faults when I'm wrong and take responsibility to correct them.

How are we all doing FTA?

Cc infofirst, how are you doing?

The climb towards the equilibrium i.e. 50% of the DXY weekly dealing range continues today and this has played well on the NASDAQ short ongoing.

I believe the bullish run on the DXY may continue into next week and I'll be on the look out for more short opportunities on NASDAQ like I did today.

This is my opinion though.

Last week DXY touched the equilibrium of the monthly/weekly dealing range and reacted with a quick retracement downward into this week but then today at the New York lunch we see this new change from bearish into bullish continuation on the weekly.

This bullish run may need to go up further into higher premium of the monthly dealing range.

I'll wait to see how DXY goes on with this climb and look for short opportunities on NASDAQ as they present themselves.

This is my opinion though.

Davigle:
good evening house
once again it is the indisciplined trader here, reporting myself after fuckingup again. honestly I am battling with indiscipline. I found out that I am very impatient and I am also very greedy. I discovered that my analysis are on point on the higher time frame but my lack of impatience always makes me jump into trades with out waiting for confirmation and there are times that the trade moves in my favour and then I keep wanting more. like today I have been bullish on the dxy and I want to see price reach the consequently encroachment of the monthly fair value gap which I posted in my analysis earlier on. I was also anticipating a bullish nfp which should send dxy to the consequent encroachment and as luck will be on my side and it came out bullish so I shorted US30 and nas100 and it went in my favour crazily I was euphoric and I felt like finally I was doing something right. only for some crazy stunt or only God knows some black swan event came and took price into a crazy massive reversal wiping out all my profits and hitting my stoploss and then putting me back into much deeper drawdown. I feel helpless. what do I need to do to instill discipline into myself. secondly, I discovered that I am not honest with myself. I know I had said earlier on that I was going to only stick with EURUSD but I found out that I do not have the patience for EURUSD as it moves slowly as compared to indices. indices has the kind of movement that I seek because I am an intraday trader. I have been trading us30 on demo with low-risk, and I am more interested in us30 than eurusd. pls elders help me out because I really want to be accountable to myself and achieve the success I so desire, I swore to never give up in trading by the truth is I am my bane and doom, my worst enemy is myself....

I suggest you should start taking partials once your trade is in floating profit at some recent low or high as it applies to your trade direction. This will help you relax a bit as you've taken some profit in the ongoing trade.

I said this because you said you're an intraday trader.

infofirst:
Lack of trading strategy/plan/system
Poor risk management/Greediness
Impatience
Indiscipline

Which one is stopping you from profiting in the forex market? And what are you doing to overcome it?

Impatience has been hitting me lately.
And dragging me back and forth.

I kept going through short tweets on trading psychology to overcome the impatience of late.

Impatience in entering trade even after my set up is form.

This makes me buy mostly at expensive price instead to wait for the price to retrace into more discount before the buy continues to go up and vice versa for when selling too.

My solution now is to measure out the dealing range from the swing low to the recent high and wait for the retracement into 50% and below before placing my buy trade for example in my entering TF.

And if the retracement doesn't happen and price leaves me then I leave the price as well. Shikena.

DXY has been reacting with a range since the equilibrium level of the monthly range was stabbed 2 days ago and it's making NASDAQ kind of in a range on the daily recently.

I'll wait for it to show its hand before any major decision taken by me.

However, I believe the NASDAQ still has aim of reaching lower prices.

My opinion.

samfelly:
Richgen, try number 1

Thanks bro

Jameselias:
nooo, i am not talking about today, i mean the volatility this 4th quarter so far

Oh OK.

Jameselias:
Nawao i gues many of us where not ready for this volatility

The 3pm news driver was there to inject volatility into the markets. And that was exactly what it did.

samfelly:
Sorry, please, check your email, boss

I've replied boss. Thanks.

richgen:
DXY is not likely to stop being bullish until it gets to the premium side of the monthly dealing range from the swing high to the swing low forming a pullback.

At least the equilibrium at 50% must be touched and or maybe stabbed into the premium high of the dealing range on the monthly before we may see either market ranging on weekly/daily or reversal of the same.

This is just my opinion base on my observation for weeks that I've been applying to short NASDAQ lately.

Go check it out and see for yourselves.

Cc infofirst, remember your observation on the bullishness of DXY for weeks?

Cc donsheddy?

From my earlier opinion on DXY bullishness quoted above, the equilibrium of the monthly dealing range has been stabbed today and it's left to see if it will want to claw up into more premium of the range.

Whatever it does days to come will inform my decision on trading NASDAQ.

Personally, I still think it's still likely to reach a little more premium on the monthly dealing range before any major reversal.

This is my opinion.

samfelly:
Flaunt this rules, we will know. If you like use limit orders take trigger about 5 positions, simultaneously, we go know. And on the last day, we go tell you the difference .



Abeg, follow the rules. No waste 3 months joking with that account

Samfelly, I believe you didn't see my earlier quote of you last week asking for the fxblue link for monitoring the maven account won from the previous comp.

I need it as I need to update my progress there.

Thanks.

samfelly:
We have taken off, already, boss. Finally left MM international airport, many hours ago. The Sit Up Aircraft is airborne, now. I doubt if the captain will drop down to refuel, cos modalities to refuel mid air is in place, also. But if you can get Jason Statham to drive you to Kigali's airport, that'll be fine, cos by December, the plane will successfully land there. So long, chief

Hilarious

[quote author=samfelly post

FTA family,

I just received the full details of my 5k maven account I won last month.

Cc infofirst thank you and God bless you real good oga boss.


Cc samfelly boss please I need the fxblue link for monitoring the progress for the maven challenge account won last month. Thanks.

I've learned how to suffer fools gladly.

How do you know a man from a distance?

Not by looks but by what he spills out of his mouth.

As in this case here on FTA. What is typed by you shows who you're.

Even the Bible says, if a fool keeps quiet from spilling foolishness he is considered wise for that moment.

Proudpolygamist:
If na me be infofirst, the incoming competition done badge be that, make everybody answer their papa name.
Imagine say 1 person hold thread hostage for days now and the over 60 people wey sign up for contest quiet.
If una dey fear to respond to meshpips, una still dey fear to report e account? If over 60 people report meshpips account for derailing this thread, with enuf dragging e mind for done dey.

Boss infofirst cancel the Competition ahbeg, people wey u dey do am for na only their belle concern them

Na so Naira marley assault mohbad tire until e waste the guy finally. na after the guy kpuff finish 9 every body wey bone before begin shalaye.

Infofirst is way better than that and he is wiser, matured, more of a leader going somewhere good to happen in life and this generation.

Therefore, he doesn't need solidarity as you're suggesting here. His emotional intelligence is topnotch as well as his IQ.

At this level in life I've learned to ignore lots of BS regardless of where or who it's coming from.

I think if we're intentional here on FTA to completely ignore all the BS here, this nonsense will fade away and die.

Can we do this? Yes we can.