₦airaland Forum

GabsonFX:
Finally, @Gasive, I have missed you and those your memes here, what is happening, hope you are doing great? Send me your aza, I have a give away for you.

GabsonFX:
@Elliotwaveforec

My mind got drawn to you, @mrbillionaire; I prefer the Mrbillionaire to this your elliotwaveforec though. You have been silent in FTA, what is happening, I hope all is well.....send me your aza, i get a giveaway for you to take jolly if at all.

Nice of you, mate.

Oftentimes one hear pipo yell, "Baba for the girls!" wen such give away is going on. But u changed it here. Let me be d 1st to shout it out, 'Baba for the boys!!!'

Thank u

GabsonFX:
you made me laugh, gold is the pair that easily messes one's psychology, avoid to trade it at all time; know when to trade it and when to stay aside; else, na dorime ooo

Anyways, I also sometimes think I type too much and many times feel I should reduce it but ehhhh as long as what you type is in line with FTA goals, better to have you type too much than giving rooms for scammers here. So go on sounnnn

U are correct. It does messes one's psychology. About time I got me two or more, permanent, 'side-chicks' then

Me don sing 'dorime' already (licking my wounds now)

Forexislife:
Lol, hope I'm not disturbing the thread with my many comments. I'm actually on annual leave in my 9-5 reason I comment a lot. Apologies comrades.

No. Not at all. Abeg, no stop o, cos I dey enjoy every bit of explanation from u guys; Feshizzy, CopyJoe, Charly20, Kaesyrn, and the Master, Gabsonfx.

How do I learn if there are less write-ups in here?

ogashman:
Not really, I have successfully synchronized my account severally with the platform but it's still showing "no data".

I don't know if it is because it is an old account

samfelly:
https://www.fxblue.com/competitions/ViewCompetition.aspx?id=1396&rx=1628683223578 - Sweet Motivation (Live Accounts)

https://www.fxblue.com/competitions/ViewCompetition.aspx?id=1397&rx=1628683170310 (Sweet Motivation (Demo Accounts)

This is it house!!!

Feshizzy:
You that believe in yourself,
Please show us your trade history.

Gasive:
[/quote][quote author=Skanas post=104975205]CopyJoe I beg you with everything you believe in, don’t listen to surely22...

dennison4luv:
@copyjoe please don't mind this guy, just continue you are doing well slow and steady wins this forex trade stuff.

Forexislife:
Smh

samfelly:
All for one, One for all

surely22:
Lmfao.
What is this?
Using such lot size to trade with 200USD account?? Haba. It means you don't even believe in yourself

ogashman:
Samfelly

I can't seem to add my account to the fxblue trading platform. Any clues?

charly20:
Usdchf is coming back for re-entry and USDCAD is working her way up to the level marked out as I write.

These big boys don manipulate EU wetin no good... She is struggling to stay above . 17065. I'll let her be till conditions are better. Gj is equally taking her time

The levels marked are my Points of interest.

charly20:
I would risk about 20 pips to 30 pips for it. Target as I have said should be around 154.6*

PS: don't catch a falling knife

Goodluck

Forexislife:
well, my bias is bears but with the falling flag, that is technically a buy. I will make a decision as the candles form. Tops, new York session.

Need to learn how to trade other pairs. Maybe 2 more so I don't have to wait on gold. Side chick things

Forexislife:
My sell bias comes from weekly TF. Bullish pin bar last week and a resistance right at 1793. I expect a retracement of about 300 pips. So it's just short term. I'll be looking to sell up at the 1hr channel. 80 pips TP

CopyJoe:
Don't attempt to sell Gold unless you are scalping.

It's a buy. Daily is now playing into weekly.

GabsonFX:
I would rather you use the word would in your sentences, that way, you don't get caught up if it goes opposite. And no one can come for you.

Welldone, guys. You guys are absolutely fantastic. Mr. 'Fallin knife' nice comparative. Mr. 'Side chick' no let ur 1st love sue u for divorce and collect d small money u have wit alimony o . Mr. CopyJoe, u sure say we no go change ur name to EagleJoe? Cos, u see very well. And Gabsonfx, thanks for chipping that in, otherwise we for drag him in Ilupeju mud for giving a failed assurance - d kind David give Chioma (Davido fans, no insult meant o, we joke wit everything in Naija)

GabsonFX:
Thanks sir.

Just continue to diligently trade the $200 demo account; I'm hoping to create a club of 3-5 serious people trading live soon and hope to add you if the outcome of your $200 is satisfactory in 2months time.

In the club, I plan to fund these people with prop firms and guide each other on establishing with them and maintaining it OR we all join a broker, while I fund their live accounts with set strict rules (propfirms-like), where we can compound gains and profits generated can be used to benefit ourselves in some major areas of our lives.....Cubana-like style

Wow! This is just another on its league. No ones' else (Infofirst be excused) can compare with dis ur dream. In short, the Federal Republic of Naija will not be sleeping fine anymore if they hear it.

FGN hearing you want to lift 3-5 pipo out of 'CONTROLLED POVERTY' and in turn the 3-5 will repay the good favour by treading in ur path, will lost all its peace of mind o

A big THANK YOU to this dream. May Jah almighty bring it to light.

GabsonFX:
It was made public for a while, check now; I will put it back in private in 1hr time.

Oh, I don sleep go since. Just woke up now and reload and saw ur reply.

No qualms, boss, if I don't see it, but as long as I can hear the Loud Bang of Success inside them (d 2 url), I am satisfied

GabsonFX:
https://www.myfxbook.com/portfolio/gabsonfx-axi1/8738535

https://www.myfxbook.com/portfolio/gabsonfx-axi2/8738496

CopyJoe:
After that huge fall today, I need to study the market and know how it reacts.

charly20:
EU is closing on a bad sentiment and I would be closing my position. Usdchf on the other hand, has a structure I do no want to see( making intra day break of structure) so I would also be closing with 90+ pips (my cut being 60 pips which is BE in it's sense)

Tomorrow, I'll look again. Maybe CAD and GBP news would bring the other ladies to the party.

(See attached)

Modified;
The purple line is a double bottom and the white arrow shows a break of intra day previous high. On the daily, we have a healthy bullish candle.

charly20:
Lol... Bigger institutional traders wan kill small scale institutional traders with big scale manipulation

Awon manipulators buruku

GabsonFX:
All the trades analyzed here since last Thursday, here is the result (on my prop firm client's account), this can motivate you.....So see attached.

Off-trading for the next 2weeks....

Feshizzy:
who dey trade news no dey look D1 na H1 their view ends.
because all the gragra no dey shake for D1
and again most news effect doesn't reach 4 hours,
it always within 1 hour most cases

Well, dat gragra, my broda, is the beginning of wisdom for small account traders like me o

Feshizzy:
Learn from Loses and take time in testing your plans,
test, refine, test, refine till you are comfortable enough again.

Winning is addictive so as losing.

Kaesyrn:
Limit your size in any position so that fear does not become the prevailing instinct guiding your judgment. ~ Joe Vidich

This in itself is the number one reason for massive failure in the trading industry.
90% of traders fail because they get emotionally compromised.

The best trading strategy in the world won’t do you any good if you allow emotions to trump logic.

And what is the number one reason traders surrender to emotions?

The fear of losing money, of course.

But that fear only becomes debilitating when you allow the potential loss to exceed your comfort level.

So with this in mind, the best way to mitigate against this fear and allow logic to prevail is to reduce your position size until you’re 100% comfortable with the loss. If that means risking as little as half a percent of your account balance per trade, so be it.

Culled from DailyPA

Forexislife:
that is live account for you. The emotions dealt with me and I almost gave up. Let the market beat you but while at that, learn to accept losses as part of the game, if you can do that and not shake, you will overcome the emotions.

While I traded live account, I also had a demo where I took every trade I took on live, guess what, I closed my trades on live account early and left the demo running, the demo grew faster cos it was demo and I had no fear. I had to stop the demo and face the live squarely cos I was always comparing both and that brought anger and loss of confidence.

Forexislife:
Lol. Start with 0.01 and stick to it, you will be tempted to increase it if you make consistent gains but na lie oh, na trap. I made that mistake and paid dearly for it. Emotions on live account is different from demo 100%

So use live account but be ready to lose it all, stick to 0.01 for a long time and find tour edge. Keep learning cos it's a long journey. Even me is still in that journey. Goodluck man

Forexislife:
Had to deal with the emotions of trading once and for all. Demo na cruise IMHO.

Forexislife:
Lol. I actually started with all currencies and gold, gold showed me shege but I loved the volatility. Currencies are too slow for me and frustrating so I stuck with gold and kept going on live account. Lost a lot and almost blew my current account but Thank God I got small balance.

When I move this current account to 1k USD, I'll fund extra 2k and see how it goes.

Feshizzy:
if you tested your strategy rigorously
news shouldn't scare anyone really.
most times na scalpers dey fear news.

i have learnt that technical is stronger in forex than any form of trading thus can not be easily manipulated.
only rare events like black swan/ flash crash can really do some serious numbers
i'm referring to currency not commodities like gold etc

How u take dey know? Although, recently, I don dey trade news - YOLO adopted o

Forexislife:
good advice but I didn't learn with demo sha. I am learning currently with live. And yes I have blown accounts

Blowing of accounts is our hobby, abi? . If I wan go Demo, e go bi contest demo account. At least, I'll be Demoing for a prize

CopyJoe:
Cure it with demo and a passion to succeed in this business.

Boss infofirst told us earlier this year to practice with demo.

Treat it like a live account. Don't go live until you make good progress.

My broda, Demo dey show good result, but Live na something else

Anyways, we go LIVE again - wif the remaining $3.08 (it is not blown until it is $0.00 balance

CopyJoe:
Were you scalping?

Kaesyrn:
Cc.

Samfelly

Evening, bro. It's good to be back here.

Market don show me its other side, some days ago

$3.08 left

NetValueFX:
Yes oo, Billy can do it. Truthfully the problem most traders have is not investing enough time to their demo practice. I am a fan of manually testing strategies. Automatic Back testing comes with no emotions which is usually there in live trade. It doesn't come with indecisions that comes with live trading.

Feshizzy:
I use trust, i don't trade it, just store them and use it as means of payment and exchange

just keep your recovery key very very safe oo, its like an isolated wallet, no username or password....

NetValueFX:
I use coinomi.

I added BIP 39 phrase to it so that even if someone gets hold of my recovery phrase, they would recover my wallet but with zero funds inside. My BIP 39 phrase is written no where but my brain. And its something I can never forget.

GabsonFX:


Don't worry, you are the one to open FTA22

Whao, dis is a huge honour. I am thoroughly grateful, my pipo. Jah blessings to all. Gracias

charly20:
I just like your vibe . Keep spreading the love abeg, this life no good to dey think bad things

Thank you . Bad energy far away

Feshizzy:
As regarding the testing, here's how to goes
1. you need a backtest data which i have attached. you need more information try reading online or on YT
2. you need an EA that can open trades in BT which i have also attached, or you use FxBlue Mt4 Simulator Tester
3. if you do have a template , you can pause and attach templates,

at first it might seem alot but eventually you will get a hang of it, for any errors you are welcomed to contact me.
Youtube FX Blue Simulator Tester for how to Backtest and Open Orders

First download one year data from Quant and see how it works first download roughly around 500mb for a TF on a single year for one pair
Regards