₦airaland Forum

Elliotwaveforec:
One position left running after closing one entered at 72

What's the value of that MA you have there?

Is it simple or exponential?

Elliotwaveforec:
.

Oh, I didn't see it.

But, it would really help by quoting the former when making the new post.

And, see nah, today that I hope to jump on Silver buy with you, she come dey sell.

Elliotwaveforec:
Swing position running 7000 pips, target is 85

Chai! omo, see profits!! Just 0.01 lot, fa

Abeg, dey quote the former post. Like updating it with the outcome.

I no dey trade Silver, but seeing what 0.01 lot can do in a short period, I am going to start looking at it.

How long now has this trade been running? Can I see the date you entered it?

T for Thanks

Elliotwaveforec:
TP hit

Elliotwaveforec, I go look for the trade alert, I no see am.

Abeg, dey drop am. Make I follow you dey choppu, choppu.

Nice catch

blackman007:
Please Sam, what’s the meaning of consistency rule in proptrading?

First, let me drop these two different examples to explain it, a little - with trades idea and 10k being the account size.

Example 1, you take 5 different trades with various profits (or losses), as follows;

Trade 1: +$150
Trade 2: -$490
Trade 3: +$180
Trade 4: +$280
Trade 5: +$240

Example 2, you take 5 different trades with various profits (or losses), as follows;

Trade 1: -$90
Trade 2: +$730
Trade 3: +$100
Trade 4: +$50
Trade 5: +$130

In the above two examples, which would you pick as consistent? If you pick number 1, you're correct.

By the way, in my opinion, prop firms do not really care about the losses you make. They are bothered about the profits you make. That's why they introduced consistency rule - to thwart one's progress.

So, to apply it, lets say the firm you're using says 30% is their consistency rule. It therefore mean that the profit you make at the end of the trading day should not be above 30% of your payout (for funded stage) or 30% of your profit targets (for evaluation stages).

Example for FUNDED STAGE

Lets say you have a $10k account. And you intend to withdraw $2,000. Then $600 ($2,000 x 30%) is what you are allowed to make at the end of the trading day as profit.

Formula: $2,000 x 0.3 (30%) = $600

If you make above $600 in a single day, then you'll have to make more than $2,000 for your withdrawal to be approved.

Lets say you now make $720 profit at the end of a trading day, then you'll need to make $2,400 as total overall profit before you can request for payout.

Formula: $720 ÷ 0.3 (30%) = $2,400


Example for Evaluation Phase 1 (10%) and Phase 2 (5%)

Since $1,000 is the profit target for phase 1 of a $10k account, then $300 is the profit you have to make at the end of any day you trade.

Formula: $1,000 x 0.3 (30%) = $300

This one Gold is just upping and upping since market's open, wetin dey happen?

Make she still sell small for men to mount her to the up side nah

Donsheddy:
Follow my bb account progress

Account 1

https://dashboard.blueberryfunded.com/metrics/6943cc4d5360b76a917e920a

Account 2.


https://dashboard.blueberryfunded.com/metrics/694cec172cabfae70b4e9fd5

Correct 💪

Donsheddy:
Risk management approach...
I want to move away from weekly target to monthly target or no target at all..
My anthem this year is to take whatever the market gives me by following and respecting my exjt strategy...
By im hoping to achieve at least 600 pips monthly...

Meaning every month im looking at

100k 2% monthly..
50k. 3% monthly
25k. 2.4% monthly...

I also want to use this medium to appreciate my boss infofirst and also members for NAIRALAND FTA FAMILY...
THIS YEAR SHALL BE FRUITFULL

You see this weekly or monthly target of a thing, I no dey do again, because consistency rules (different among firms) don complicate things - as I fear to say simplify things - for me.

It's either I meet d required consistency rule for d day's closing profit or I lose enough for d day and start recovering (if I did not hit daily drawdown for that day), the next day (or days).

So, as you're leaning toward monthly target, 2% to 3% is just rightly doable. Since it's a low hanging target (fruit).

Happy trading, chief.

Donsheddy:
I'm here to lay down my plan for the year and how i intend to kick start it...
I currently have..

2x 100k account with blueberry phase 1

2x 50k account with dnafunded phase 1

3x 25k dnafunded account two in phase 1 and 1 is funded accout.

1x 25k account with fundedprime

1x 50k account with fundedprime

1x 10 instant account with DNA funded

1x 100k account with fundingpips tho in very deep DD....

I will start the year by trading the two 100k account from BB, 1 50k account from dnafunded, , the 25k funded and 10k instant.

100k
100k
50k
25k
10k

The funded accounts are currently in DD 2% so i need to come out of DD first before thinking of profit .

I intend to use
0.34 lot on the 100k.
0.25 lot on the 50k
0.1 on the 25k
0.04 on the 10k

Im giving myself 7 months to complete this task by his grace, I don't want to rush it i want to take my time

7 months no too small on all so?

This month makes it 7 month since I have been trading one of my account I have with PipFarm. The roller coaster no bi small - up today, down tomorrow

luckynzo:
I think what's really important is the growth and prosperity of every FTA member, not which platform has the most traffic. Some people prefer NL. Others prefer TG. Let's not alienate one group by closing their preferred platform. That will greatly limit people and the value they bring to the FTA community.

Let's use last year as a case study. Even though TG had more traffic, NL FTA was still active so let both platforms run simultaneously. Who wan post for NL, make he post. Who wan post for TG, make he post.

Or is there any award FTA will receive for reaching 1,000 pages every year?

Grammys' award

blackjack21:
If NL pros is thay important, then we would have a lot of beginners coming in droves, that is obviously not the case because trading is difficult journey....

No, it is not just a root and branches analogy. Telegram is a seed sourced from Nairaland. That seed has been planted. it has it's own root system, and potential to flourish better than it's mother tree.
So if SAMFELLY blow this year, and finally bought that GLE, shey you think say him go prioritize OKADA again except for specific purpose.

So, let specify what we're going to keep NL for to stimulate it own growth. (weekend analysis and competition for example).

No worry, I no go buy GLE, again, when I blow.

I go just buy Nairaland and drive all of una comot go TG

docus:
Yes, but if it does otherwise not my fault, u know the drill in fx

yeah, I know the drill

docus:
Gold was actually a false break, very ripe for sell

Are you saying I should press short and lock my phone in a safe deposit, somewhere?

Davigle:
Now that we are in the new season, we need a way forward that can make both our FTA platforms active and engaging. In other to tackle this issue, I am proposing to the house and to my fellow admins and I will like everyone's sincere contribution on this issue. Inorder to keep both the Nairaland platform which is our base and headquarters and also the telegram branch active as well, I am suggesting that we lock the telegram group on Tuesdays, Thursdays, Saturdays and Sundays, that means the telegram branch will be open on Mondays, Wednesdays and Fridays which captures more than 50% of the trading days of the week. In my humble opinion, I think this gives both the Nairaland platform and the telegram platform to coexist without killing the other platform as we have painfully observed over the years. I'd like everyone's thoughts on this.

You wan kill the two be that.

If we start locking Telegram up, here and there, we go kill am.

HAPPY NEW 2026, EVERYONE

Welcome to a NEW YEAR of increased patience, strategic trading, colourful growth, endless withdrawals/payouts certificates, and numerous genuine prop's accounts.

See you all at the top!

Davigle:
Alas, it has come

O zimuzorrrrrr, where art thou? O son of the market, the time is nigh for us to plunge gold to hades

Mo ti pa te o (I don close shop o). Till next year, chief.

Bcpump:
I noticed early Asians like to buy. Why? Even when market is bearish. They buy then leave NY to sell

Very funny monkey business, right?

Davigle:
Obajoey pls do something about gold now, move this gurl down

Where is zimuzor sef because dis thing need tag team

Nothing nobody can do about the market

Just roll with it

blackjack21:
When i cash out, i will buy this Nairaland and turn it into a poultry business website. Make everybody go rest finally.

😂😂😂

blackjack21:
This is way pass our Nigerian conditions, accidents happen anywhere, anytime. We mourn and show regrets, lamenting "if i had done something a little bit different, such might not happen", just like the way poeple are saying that he should never have came to Nigeria.
Knowing that we can never negotiate with the universe, that life come to us whichever way it finds us, we should probably have learn to accept fate than lament it doings.

Ofcourse, our government have it's faults, it is just not logical to say that A.J should have done something differently.

Maybe we should focus on his friend that have died from the accident amd consider A.J lucky.

Yeah, I get you. Passing blames ain't necessary, now.

Davigle:
Yessssoooooooooo
We are really back and running hot
4 pages in one day
Las las dry bones don rise again

I am as shocked and excited as you, also 😁

BTCproMax:
😃 Yeah, SL still active @ 4310..👍trend was suppose to push back to 4350 before the continuation.. But we let the market decide.. 👌

We Mount 💯💯

Yeah, we're simply just speculating. The MARKET holds the reins of decisions/power.

But I really want gold to continue singing this Gaise Baba and Lawrence Oyor song; No Turning Back II, tomorrow 😁

🎼 🎼 No, no (I can never turn back o)
No, no (it's already too late o)
No, no (it won't make sense o)
No, no turning back (where am I going to?)
No, no (It's already too late o)
No, no (I've already come too far)
No, no (it's already too late o)
No, no turning back 🎼 🎼

😁😁

nzechu:
Tomorrow i expect eurusd and GBPUSD to sell

Gold should either consolidate or retrace upwards

Oga, abeg, no hold gold legs not to run Downtown o. I am begging you

blackjack21:
Shey she done post her 2025 labari for us to read?
See oga nla A.J wey collect $40mil+ a week ago life no want balance oo.

Kama dupe oo

E weak me for the bobo o. Why he even enter Naija sef after that him fight.

And after knowing Naija no care about her citizens, you still come dey taste her (Naija), to see. It's really sad. My heavy and troubled heart goes to the families of the deceased.

And, I wish him a fast healing/recovery.

Bcpump:
Very brutal day.
Not entering the market till Wednesday

Very very brutal, but I short am, well well, I no go lie

God bless Emmizay12 for showing me how to turn my challenge of shorting the market, around.

https://www.nairaland.com/7504926/forex-trade-alerts-season-23/547#125063476

BTCproMax:
XAUUSD BUY NOW... 4337

Swing mode all join...

Nibo! buy ke 😁

Na selling galore we dey so

Davigle:
Abeg ooo make e be google meet o, ah no fit install zoom for my phone aha.

Google meet it would be then

EASYLIFE4US:
Ok everyone, what I'm going to advice might shock some of us but here goes nothing, if your strategy permits avoiding stop loss, then avoiding stop loss will be a great edge for your trading. A lot of us don't use adr, do you know that you can use adr as stop loss.
Gold moves at average of 1000 pips, this is how I trade, once I see my setup, I enter, I project gold adr back and forth, even with A+ setup, I always have it at the back of my mind that gold can move against me by 1xadr, and I enter with lotsize that my small capital carry 5xadr, then I wait, if the market goes against my anchor trade by 1xadr, and I see my A+setup again, I start loading my trades until the market goes in the desired direction. If my A+setup is at ATH, I'll load up like the current short setup I posted. On a live cent account, I don't load up because the capital is not much unless I grow the cent account to a very high capital, loading up will follow.
In the course of my trading, no matter where I placed my stop loss, the market alway finds a way to hit it 100% and go back in the intended direction and it dawned on me that my A+ setup always tally with stop hunt zones.
So I stopped using stop loss for my A+ setups😔

Please, remind me to add your name to the list of our 2026 Guest Speakers/Lecturers.

Omo, FTA26 go see a new kind of dawn by the time we start using Zoom or Google Meet to gaining from one another's unique ways of trading.

We no really need any holy grail of trading if we just borrow from each others' specialty ways of catching tangible/profitable trades with minimal drawdowns

obajoey:
You are even nice, 4150. By 7pm, na wake-keep service for gold. sorry @Davido

Toor, lobatan. Baba Infofirst, you dey hear so

infofirst:
Haaa. In one day or tomorrow

Boss, na today o. Gold jumped out of Burj Khalifa without a parachute o 😁

It's a free fall something, baba

obajoey:
Sellers go fit buy nairaland today

How much Seun wan collect and lets start the bidding o