₦airaland Forum

Jmarjr:
Pls i need urgent help, is there anyone using exness broker, pls how where u able to withdraw without issues? Pls help my funds has not been credited since jan 5, 2022 via credit card method.

kinglee007:
Boss, i sent you a message asking about the competition, you've made more than 5 posts ever since i asked the question. I know you might be busy and all but some of us use this FOREX trading as a side hustle and may never have the time to always read pages far back. So whenever we stumble on something that our interests fall into, we find the closest link to that thing and try to inquire more. That is what I did exactly and lo and behold, we are ignored like we don't exist. It's well, i guess not helping others understand what they don't know brings out the best in some people. Had to air my piece of mind rather than bottling it inside.

Come, my pikin. Come (pathing him on the back), e never reach like dat. No vex, pele.

Next time, if u come late and stumbled on anything like this, just quickly go use the search column of NL at the top and write any boss' name u suspect is running it and ur search results will pour out all mentions of the boss and you will be directed aright - to where he started it. Then u hitch a ride and follow suit.

Once again, pele, no vex

DannyFX2638:
Bro this one u day talk nobody day listen to am ooo .. everybody just won hit 5% today .. that's why I like trading.. if you rush go UP .. Trading go rush bring you down too .. if I lie ask jammer

Gasive no know say no body dey listen to him own.

Bro, no bi only Jammer777 he go ask, he for dey ask me too. I carry body go put for BeeTeeCee, I run come out - no joy! (#Ojule2022)

Na Kaesyrn own even come surprise me join too. Dat comrade just dey run kiti kiti, dey run kata kata. All the cups wey dey him fellow contestants hands, e don kick am comot from their hands - dem no see cups take drink water again talk less of dropping the cups for ground

#MakeWeSmileSmallJoor

Donvic4u:
Lol, actually there's no difference bro (in this evaluation stage Sha) because to pass the challenge, u need to risk appropriately as regards to the equity.
After passing and getting funded, then u can use whatever lot size u want

Well, for me, there is a very big difference. I'd prefer a much bigger DD than a smaller one

infofirst:
In the world of prop firm, precision and trading of fast moving pairs is the best way to meet up. I want to believe no one is over trading but I will check randomly later in the day.
Check out my trades and you will see what I am talking about. I should be even higher than what I am if not for that US30 that deceived me.

Riverrun:
Some people get mind o. Good luck, Brotherly.

MONEY247:
Hello traders..
Good morning....!!
Any trading idea for the week....

Please Share your set up...

Happy trading week....!!

Hahahahahaha . I no sure say any body go wan share set up again as competition dey go on - na expo be dat, boss

GabsonFX:
Good job bro.

I looked into the list of the present participants and I can see there are 51. Without mincing words, I can specifically point at two participants with different monikers, and after I dug further, I realized that these set of participants have started reporting their previous posts so they can be untraceable.

This is not fair on others, the genuine and hardworking ones, I hat* when one thinks he can outsmart a system laid out of generosity/free-will.

Infofirst, remember how some people here tried to cheat fbs $50 bonus and mentioned that about Oct/Nov FTA 21 while some were caught by the fbs system in place, where their IP Address was discovered to be trading different account. They got caught and were faced with fbs laid down consequences. However, you have no IP address detection system to fetch that, you have no ID verification in place to confirm who is actually trading....Some people who registered with two or more monikers believe that atleast one of the monikers will win.

You know yourself if you see my post, I can only implore you to keep it simple, don't trade the other account...be respectful, be nice. I hat* cheat with passion....Don't force me to call you out.

Riverrun:
@samfelly, I would like to know if we are trading crypto in the competition!

If you don't mind, can you sincerely share what you think about trading. A good/stagnant /bad career?

Boss infofirst, thanks forever.

Elliotwaveforec:
No data means you've not placed a trade yet.

boom99:
Infofirst na me be this. I dey try to change am to boom

boom99:
Had issues with the registration, got frustrated with the whole thing. Had to abort mission.

dennison4luv:
As we want the competition to be like FTMO free trial or like other prop firm conditions or model, it's good to make the target 8% of MFF or 10% of ftmo.. just a suggestion

Yes, Infofirst, I seconded this suggestion, also. Make we really see the true and determined strengthen of Struggling traders, here sef

BrightFuture48:
Lol... When a lot of Don are here, which chance do a learner like me have. I want to see how these will further improve my trading approach both strategy and psychological wise.

Bright boss, sorry, I stand to be corrected, na Gasive wan act that Machete film for us here.

fedrim:
An onlooker here, had to login to my NL account to take part in d competition. Thanks to the organizer. @infofirst

Gasive, find better meme for dis fellow, because as he dey look on then, he go dey say, for him mind; "kai, dis people dey make noise o" just like one guy den tell all of us say him just dey look, but him no like to dey make noise

haryodehjia:
Good morning bosses,
Which of the ftmo password is to be used as investor password on fxblue?

infofirst:
We never reach 1% nah. Bring it on

Scalping with a terrible and poor network is so f**king hilarious

As u click Buy or Sell, trade go activate after 30 seconds. Make u still close trades nah, e go go dey happen after profit don reduceeeeee!

infofirst:
Why dont you use the fta moniker then?

infofirst:
It will o

I know, cos I have been there. During the 1st contest I participated, in July, I tried to check everyone's performance overview, it was painstakingly stressful

infofirst:
Based on several suggestions, I have modified the rules , Kindly read the rules again.
We will still use the ftmo trial as it will help us track the Daily DD rule. If there is anyone with existing ftmo trial account, You can easily open another one with a different email. We need the fxblue metrix to help us ensure no one is trying to run more than one account, it will also help us to track the ranking of traders among others, basically both fxblue and ftmo metrix will compliment each other and ease the tasks for me. Every one is able to see who is who in ranking with fxblue, I am able to confirm the daily DD with ftmo metrix and all that.
I have reduced the target to 5% and the contest will run for 14days. There will be only one phase.
All non Fta monikers have been disqualified.
All the best to us all.

BrightFuture48:
Yeah! but it will be difficult to achieve and if any, he/she should be given the accolades without further delays. My opinion though.

Comrade, something is telling me you go do all of us strong thing for here. I dey suspect you. You don sharpened the 2 edges of your cutlass. You wan act Machete on us within 5 days

BrightFuture48:
This is best way to go if the contest should last for 1 month. Taking the advantage of ftmo matrix is very important in this type of competition and its simulate a real challenge scenario and ability to get used to this prop firm platforms.

If not for 14 days time constraints ftmo platform is the BEST but still that can be easily overcome with two phase challenge. Even no need to stress about fxblue metrics again. FTMO individual traders matrix is self explanatory and security tight against any fraud. Also no one will see what other traders open orders are which will further prevent cheating.

Caveat: If any trader achieve 10% in the first phase then no need for second phase.

But if there is no outright winner in the first phase, then the above model should be used. That is the challenge should run full course of 2 phases and total percentage gain in both phases should be added and the winner is the one with highest percentage gain... Balance.

Cheers.

Yes, my bro, FTMO is still the best on the organizer's table. It will make life easy for Infofirst, for sure.

The blue hightlight is a fine addition to the numerous suggestions, but Piptocoin's input stands to counter it

Piptocoin:
[color=indigo]hahahaha. This really got me laughing.

The simplest way I can break it down is to let you know we are talking about a competition - not 2 competitions. Even if we have three phases in that single competition it doesn't change the fact it is just one competition with three stages or phases. This means that the results of those three stages must be added to have a unified result.

If that unified or added result meets any of the competition rules then decision will be taken based on that rule.

For example, the rule in a hypothetical competition states that a trader will be disqualified if they lose 12% of their equity. The competition will be held in three stages or phases.

Stage 1 DD

Trader A — 6%
Trader B — 2%
Trader C — 5%

Stage 2 DD

Trader A — 2%
Trader B — 7%
Trader C — 3%

Stage 3 DD

Trader A — 3%
Trader B — 4%
Trader C — 1%

After the three stages of the competition have been completed spaning 3 weeks...that is 1 week for each stage...then the competition is decided like this:

Total Drawdown

Trader A — 11%
Trader B — 13%
Trader C — 9%

Guess who gets disqualified for breaking the 12% DD rule of the competition....yeah, trader B. Trader A narrowly escapes disqualification.

You see, the three stages are still one competition, not two competitions and the result gotten in each stage will have a huge impact on the fate of the trader when they are added or summed up to see if the flout or meet the competition rules. Hope you grab [/color]

Yes, Pappy, I don grab am

ItzProspero:
If ftmo main prop account runs for 14 days, then why are we trying to change the contest from 14 to 30 days?

ItzProspero, Piptocoin's write-ups, below, is the WHY

Piptocoin:
[color=indigo]boss Infofirst, I think the one-month duration is more representative of long-term trading skill rather than the two-weeks duration which will lead to exaggerated results that cannot be duplicated in prop firm environment. Moreover, in prop firm funded account one has 22 trading days to be reasonably profitable.

I was going through forexfactory recently and I read where a guy said ftmo sent him a termination of contract email. The reason for the termination was that his trading style did not match the consistent trading skill they were looking for even though he had been profitable and had received payouts about 4 times from them. He admitted that his trading style included meeting the monthly percentage profit in two days or so and trading 0.01 lots to complete the minimum trading days. He also said the account was not long term as his strategy also blows the account which is why he had a number of ftmo evaluation accounts running alongside his funded account. Ftmo terminated all of them fairly as well as reimbursing him where it was needed and also gave him the value of the profits to which he was entitled for other accounts at the time of the termination.

If, truly, consistent long-term trading skill is required for a venture such as prop firm trading, then I think the competition should be modelled after that. Two weeks is neither too short but not ideally representative of long term goals. This is just an opinion and I stand to be corrected. Thank you (and GabsonFX) so much for all the opportunities....past, present and future (if there will be a future one). My appreciation is verbally inexpressible.[/color]

Piptocoin:
[color=indigo]It is really simple. If we should go the two-phase route, then trader A will be disqualified having met the 10% DD disqualification criterion. This is because the phases are not independent of each other...rather, they are a unit — a competition broken down into halves, a technical continuation of the previous two-weeks so that decision is based on the summation of the statistics generated on the two two-weeks competition. I don't know whether you get my drift but I can give further clarification if needed.[/color]

Yes, further clarification, please

Piptocoin:
[color=indigo]boss Infofirst, I think the one-month duration is more representative of long-term trading skill rather than the two-weeks duration which will lead to exaggerated results that cannot be duplicated in prop firm environment. Moreover, in prop firm funded account one has 22 trading days to be reasonably profitable.

I was going through forexfactory recently and I read where a guy said ftmo sent him a termination of contract email. The reason for the termination was that his trading style did not match the consistent trading skill they were looking for even though he had been profitable and had received payouts about 4 times from them. He admitted that his trading style included meeting the monthly percentage profit in two days or so and trading 0.01 lots to complete the minimum trading days. He also said the account was not long term as his strategy also blows the account which is why he had a number of ftmo evaluation accounts running alongside his funded account. Ftmo terminated all of them fairly as well as reimbursing him where it was needed and also gave him the value of the profits to which he was entitled for other accounts at the time of the termination.

If, truly, consistent long-term trading skill is required for a venture such as prop firm trading, then I think the competition should be modelled after that. Two weeks is neither too short but not ideally representative of long term goals. This is just an opinion and I stand to be corrected. Thank you (and GabsonFX) so much for all the opportunities....past, present and future (if there will be a future one). My appreciation is verbally inexpressible.[/color]

exmaysn12000:
I disagree boSs, this can be done in few seconds per contestant. Just few clicks to check. 3 clicks in total

Yes, 3 clicks forward, but 2 clicks back, to check the next participant. 5 clicks in totally. And how many participants would we be having? And he need to do this every blessed day o. Anyways, if Infofirst sees nothing wrong in doing dat then we are all game!

Abi, make we pay Gasive to go hire person for Oluwole make he create and design website close to fxblue, but he go come add the Daily DD we are all looking for?

exmaysn12000:
Since we have all created ftmo 14 days trial I think this suggestion is good for this round and u implement the manual disqualification using the steps I gave earlier @infofirst.

So in the 2 phase completion, target should be 5% each then. But what if trader A hit 5% first in phase 1 and trader F hits 5% first in phase 2, how do we select d winner?

Wow, I respect, bro, you really have ur thinking cap on. I never really saw it like this. Thank you.

Hmmm, I still dey ponder on that revelation u made. I don give up

exmaysn12000:
I think it's only the maximum DD u can set on fxblue. I will suggest you put maximum DD at 10% since daily DD not possible.

But you can still disqualify on daily DD, this will be done by you manually, you will just click on each contestant, then click on the person's FX live profile, then click on risk, you will see all you needed including DD drawdown. Like the attached screenshot.

once its more than 5%, you disqualify the person.

exmaysn12000:
Yep, I just explain how the host, @infofirst can track d Daily DD and disqualify accordingly in my recent post to him

infofirst:
I have checked. I noticed they usually disabled it. So We are going to limit the contest period to 14days. We need the ftmo metrix to help us track the Daily DD.

exmaysn12000:
Fxblue have all the needed parameters, it only requires settings from d host. Daily DD, Maximum DD all can be set.

This way, the competition will run its full course of 1 month.

Ftmo 2weeks trial not good at all. Suggestion is for d next competition since this one is fix already.

femora007:
Good one.

I have a ftmo demo account currently running, which means I won't be able to open another trial account until the present trial is completed. For this reason I will be opening a new ftmo account using a relative details, hope this will not affect my chance of participating in this challenge