₦airaland Forum

BeginnerTrader:
I feel like to share my little progress today, to whom much is given much is expected. I appreciate each and every one us who one way or the other has contributed massively to the progression of the thread. I bumped into this wonderful community January this yr , due to tedious nature of my work (Waiter ) I hardly participate to chip my inputs but I do well to read every page whenever I have free time at my work place. I got to know about trading competitions here which I have participated and failed many times ,but things turned around 3rd quarter of this year when I hit 40% on tft competition, I received the challenge account and passed the evaluation stages and got a payout laskweek. My current job pays me 30k as monthly salary, but I got a payout of $601k . It leaves me sober and emotional ,after 2yrs of working as a waiter I can't boast of 100k in my account but 10days of trading got me 700k. Lest I forget I got a mail this morning from alphacapital that my live funded account will be ready this week after passing the giveaway account. Glory be to God. Thanks all the bosses in the house, still remain BeginnerTrade.✌️

Donsheddy:
😁😁
This one wey you no wan chuck mouth for this our matter

Lol

I no know where I wan start from o, my oga at the top . I just dey laugh as I dey read all una comments here. Rigging and all other funny and playful jabs Zedegit and Lanshile dey throw in just make me feel lively here . I just hope Infofirst no go laugh and mistakenly go send a Sit Up winner $100k FTMO challenge, instead of $10k. And I believe Gabsonfx2 no go also dey laugh right now and mistakenly book flight to Ecuador instead of Equatorial Guinea. For sure, Feshizzy go don laff sotey him hat go don fall off

Honourable DXYY and OfficialP, kindly tell the house I'll open the NEXTT one in 2032 (inshallah). Huncle Nextt, I greet you for ameliorating and catching fun o. You see say FTA too sweet, abi?

#JusticeForElliottwaveforec, the next generation FTA Anchor

In conclusion of the matter, I believe the suggestion by Dmahn would be okay - Random Picker to the rescue. Seeteazain, ask Mystiquefia why him believe say Don go too busy dey count money to have FTA time.

Peace ✌️

Elliotwaveforec:
Samfelly, I've not lost $1,000 from the initial capital; kindly reinstate me. It's not over yet.

Yetown and Kaybee7000, the finish is not so far for you two, gently intensify the effort.

Smilinguy, Rhynoemmie, Cashhy11, Skanas22, Zowee10 and Seeteazain, you guys can still pull it off.

Goodoption, Ishayaauta, Jameselias, Kaesyrn, and hussein8, as it stands you guys are determined to return the organizer's capital back .

Zonall, what went wrong? You once attained the 10%, but slipped off and hit DQ

@ The rest of you with little red profits (drawdown), hope you know it is not over until it is really over. Remember, Infofirst said he once wiggled out of 9.5% drawdown. Please, surprise us. Sit down (Up) and think of a cool move/way to beat the market.

#BeatTheMarket

infofirst:
I have once recovered from 9.5% DD before

OfficialP:
Have just won a 25k account from DeiFund via Twitter giveaway.

Petah:
Good evening everyone,
Opening seeing FTA alerts at hundreds of pages omo. Obviously everyone is growing through the emotional rollercoaster of FX market.
I salute all the king's in the house. I haven't been active here because I was sitting for an exams, my finals in school. Finished my last paper this Evening.
Now, time to redraw my plan and dedicate time for this FX.
I seek your support, analysis and all.

Jesusmyking:
I think most people dont know about them.

1. They are international based but you can deposit to wema bank straight from your ussd or bank app.

2. Their minimum deposit is 1300.00

3. uptil now they have a specific account where you can deposit at 400ngns to 1 dollar rate.

4. It takes 2 minutes when you transfer via bank to have your funds in your account.

5. It takes approximately 1 to 2 hours to have your withdrawal appear on your bank account balance.

6. Their customer services are quick to respond and they have whatsapp customer service presence that replies roughly within 1 minute estimate.

7. They have leverage of upto 1: 2000

8. They have a program of no deposit bonus where they give$100 to trade on their app. Should you make 30 lot size profit the balance will be transferred to your money account and then you can trade with that.

9. They have a 100 % bonus benefit. You can claim this on each deposit.

10. They have weekly competitions and winners are given price money every week.

RKTexpert:
Moment of truth on NAS100. I'm expecting a sell, sell sell; see my chart attached;
Modified
Traded closed I'm getting tired as B.E wan force my hand to reset SL....buh I'm OK with dz little peanut. Too much spikes up and down already....as I can't seem to identify a proper market structure shift🤦🏻.

nzechu:
I know u didn't take the giveaway cos I am a learner.

See where we are now.

And 685% is looking possible. Although 423% is the main thing

@samfelly abeg howmany pips movement is this. I sincerely don't know how to calculate the pips

Nice trade call there. Use MT5 take calculate am, straight

LincolnOnyeabor:
I nominate Peteregwu and Samfelly.


They've been holding it down thus far.

Davigle:
Haaa abeg ooo
diswan wey dem nominate me 2 times, na small pikin I be ooo, if there's anyone I would nominate is none other than Oga Samfelly, aka our FTA prime minister abi na vice president... the president na 🤭🤐

Nwadaka:
After this week, I will call it a glorious yr. Mk I go rest . December came with banger 🔥, pushed withdrawal button yesterday, will still push another one in the nxt 6 days of same account .

Donsheddy:
Make Una nominate who go open 2024 thread ..
The name with highest nomination takes up the mantle....

You don review my account finish boss

Since my top 3 bosses no talk over my mentioning them, then I nominate Z or G .

Yep, I am done reviewing your Sit Up account, sir. Management will contact you, soon

GabsonFX2:
Surprisingly, I had not been receiving payout certificates; in fact, all my certificates were in lock mode - which should normally have been unlocked after each payout. It is what it is.

Yesterday, I got a payout certificate from one of my payouts (attached), and its lock is unlocked.

Next withdrawal will be in less than 2days

Donsheddy:
. Boss how far any updates😁😁😁

VeeVeeMyLuv:
Thurs & frid many red folder news

I no sure say I go trade those red folders news with a clear eye

Glow8269:
Am not financially bouyant now,can you fund for me,even if it ten dollars

infofirst:
0.2lot for $10k is because it's a time bound thing. For no time limit.. I will recommend 0.1lot

That means $5k account should be 0.05? Issok

Glow8269:
Who can help me fund my account,on deriv
CR3686014

abbas01:
Yes, you're right my guy. Funny enough, I didn't even try trading at all after I attended the seminar during my undergrads. Although I believed at the time that my trading knowledge was insufficient, I was aware of the potential in forex. There was a dearth of information on forex trading back then. To be clear, I didn't quit because I never started trading in the first place. Instead, I pursued other business endeavours and even japa'd in 2012. My attention and efforts were channeled toward working 9–5 jobs overseas since then, and while I've done well for myself, there's always room for improvement. I never knew forex is this big now until I started my research about it a few months back. I got my mind on it now for real (100%) and on an long term. Any Canada base traders in this forum? Cheers!

Emmizay12:
I want to give you some positive feedback but I gotta tell you the truth, first of all, you got into trading 16yrs back and you gave up? you for be expert rn

That tells me you have no passion for trading,
Your tendency to give up again is far higher than 16yrs ago
You saw trading as nothing and didn't do nothing to improve
You are here because of hardship
Trading is a side hustle for you, nothing bad in that but it can be a very good side hustle, WHEN YOU BECOME PROFITABLE not before

My advice, you have to put in a lot of energy and mental strength and use a different approach because whatever it is you saw that made you quit 16 years ago is waiting to show you it's real colours this time with extra sauce,

Emmy, you've spoken well.

I kinda share the same story with Abbas01. It was about that same year I attended my first forex seminar, also. Then, I saw those guys (d organizers) as hustlers trying to get peoples' monies, cos they had a lot of CDs and photocopied materials to sell to us for some extra fees after charging attendance fees o . And also I saw the money they portrayed before us, in forex market, as impossible to get . Cos if it were, they wouldn't be looking to hustle us, I reasoned, hence my lack of interest then until #Lockdown happened and the narrative changed. I can only thank God that I quickly rekindled the interest and went hard with 63% throttle power.

Supremefx:
Keep me updated, I’d like to know your take on this in relation to the other risk management strategy using fixed lot size ( what happens when you go in draw down? Do you reduced the lot size as well ?)

Supremefx:
Wouldn’t it be better to just know the amount you want to risk, and your stoploss price level

And calculate your lotsize from there.??


https://www.youtube.com/watch?v=QqAIHIvpNrg?si=xFRq7p5IVCQma94e

greatcheer:
After 12months of Forex trading, going forward am sticking to this

$100,000 = 5lots
$ 10,000 = 1 lot
$ 1000 = 0.2 lot
$ 500 = 0.1 lot
$ 100 = 0.02 lot

proper lot sizing
I have realised that this market was built in such a way that if ur greedy , u will still lose ur profits back into the market.
hope this helps some1

exceptions to this is if u have a very good A+ setup entry

Greatcheer, this your lot sizes na for the top 10 professionals o. Anyways, check out my own (image). I drew this plan using the lot size model in the 10k account Infofirst made for us in the Sit Up challenge

dmahn:
Just knowing ones risk appetite is the way I guess, you might be comfortable risking 1% of your account on a single trade.. Someone like me hates to see that I have risked more than 0.50%. It makes me so uncomfortable that I can decide to close at 700 when the SL is 1000, and market might decide to fly to TP without reaching the SL....

I started having problem with my Situp challenge since the day I vex go do wetin them samfelly and Co dey do 😅😅.. I open 0.20 lots on UsOil on mobile, just small 5 mins candle 1% down already, I open laptop check how much I've risked, 7% if SL picked.. So I had no choice than to close prematurely 😁..

Summary : Use lots size according to your risk appetite

Donsheddy:
Please is this address correct because the mail no go Through

Don, sorry, my oga. I was terribly stressed out, yesterday. I just woke up now and saw that I typed nonsense sef . Abeg, I don correct am.

And, thanks for not quoting the email, as well. You are indeed A Don. More wins, top G

Donsheddy:
Oya oh boss i don join 10% gang...
Its done

You try, my chief, congrats. I am pretty sure you sabi the drill?

Lanshile:
Samfelly
I mistakingly used 0.21 on my account but closed it immediately
I was disqualified for this
Is there any way out or I should forget it
It was a mistake but after checking the list I saw that I've been disqualified for the breach

raphemmanuel:
@samfelly.
Please I thought the rule on ALPHA CAPITAL is they will give you 5k account and you have to make 10% of the 5k before the will give you an evaluation account

But why I'm I seeing 8% (ie. $400) on my dashboard.

Lol , it's a 2 phase account, bro

peteregwu:
On CHFJPY, it went for like 250+ pips, almost hit the tp but later gave a reverse gear to the down side. 😂