₦airaland Forum

infofirst:
As some pipish and mesish and vapish people are on full time to scam us on this thread. Some amazing folks are striving to bring rewarding information and offers to improve us here as a family. May those offers come tru.
Be on the look out.

So quick one, what can a $10k challenge giveaway do for you if you win it here randomly without any competition ? How long can you pass it? If you are to nominate someone to get the giveaway instead of yourself, who will you nominate here?

infofirst:
Abham
BinaryRocks
BrightFuture48
Dmahn
Donsheddy
Dottozil
Elliotwaveforec
Emmizay12
Fibonacci88
Greatcheer
Hassan50
Karkinase
Kaybee7000
Kozmicity
Lanshile
Metrolane
Nzechu
OfficialP
Petah
Pipsmarshall
Rainlover
Realone12
Rhynoemmie
Riverrun
Seeteazain
Tenifayo23
EASYLIFE4US

These 27 names are going into the random selection process shortly.

I no see who nominate @charly20 yet nor @samfelly... In the next one hour.. 9pm naija time.. We will use an auto random picker to select that winner.

If any one wins and wish to pass it to another person or another random winner. It will be allowed.

Edd1e:
Balanced based will always supersedes Equity based firm. Choose wisely

nzechu:
Where do we go from here. Up or down.

We will know after this coming week's candle. (Although I would preempt a buy)

Stay tuned

Witchcraftfx

Elliotwaveforec:
To avoid DD being hit, calculate your daily (not overall) DD and make it your capital throughout.

Ignore to the original capitals of 100k, 10k etc.

Petah:
I think the safety way for me oooo, just my own plan and belief, is to trade below your DD.
This is what I am planning to do.
If my DD is $500 on a $10k account. I tell myself I am only using $500 to trade per day and not $10k.
Then I divide the $500 by 4 = $125
For each trade I risk about 25-50 dollars.
I use the babypips position size calculator to get the lotsize I should use and how many pips.

I realized this after I lost my blueguardian $10k account I won as a giveaway on Twitter due to DD violation. I thought that when it gets to $500 for the day they will log me out till the next day, omo. When I couldn't place trade the following day. My eye clear. $10k account was sold for $87. I checked the price. He pain me gan.

Please note, that's my own plan on my risk management.

klinksd:
It is funny how in this group, traders decide to look away from the obvious for reasons best known to them.

...you are considering someone who has won or has been given prop accounts in the recent past and is still unproven or is it someone who has openly admitted to psychological issues and discipline during trading or is it someone who is coming out of an unsettling situation or is it someone who has indirectly said that he does not trust his trading judgement these days or even someone, who keeps anticipating when he would place his trade.

Meanwhile, the likes of @peteregwu, @donsheddy @zonall and others, who are first and foremost, active in posting trade calls they take, then fairly and consistently profitable, are getting few mentions...make una dey play dey go.

@infofirst, much respect boss, I come in peace.

Kaybee7000:
Kmoney api weekend, anything for ur guy been a good digger,abi are u not?

rainlover:
BALANCED BASED: let's assume you have a starting balance of $10k with a daily drawdown of $500

Now - you only breach the account if your balance reduces to $9,500.

I.e - even if you made some profits, but later lost it, your account remains active so long as it doesn't get to $9,500.


EQUITY BASED: let's assume you have a starting balance of $10k with a daily drawdown of $500

Your drawdown counts begins from the highest equity attained within that day.

Equity means: Opening balance + floating profit and loss

Eg: you took some positions and your PNL got to $1000

This means that you have trades in profit and your equity would be $10k + $1k
That's $11k

Now here's the catch..

After reaching $11k and your trade(s) reverses , reducing your equity to $10,450 ($11k - 5%
)
You will lose the account because, you lost 5% of daily equity.

So in conclusion; if your account is equity based, just keep making profits and don't come down to -5% of whatever equity attained within that day.

Hope this helps

infofirst:
Boss, I don't think it worth promoting ryze with their rating on trust pilot even after several red ratings must have been challenged and deleted o. 3.2/5 is not a good rating.

greatcheer:
hmm try to understand this balance based draw down cos I was depending on it and still chop disqualification with maven prop. I was waiting for trades to retrace unto say balanced based by the neck me with their dq email.
some say its when you close ur trades.
I think this balanced based is a trap

Jameselias:
chose funded next because it's balance based daily draw down

karkinase:
The actual trading does not happen when the markets are active during the weekdays but during the Weekend.

Tell them o

abham:
My guy, I don't have backup, I have to start afresh when I get a new device.

How is your trading journey going?

abham:
August fundednext comp:

1.56% profit.

This week is not giving for me. My phone crashed on Sunday last week and I felt lost. Had an avoidable loss and took the opposite side of the trade on NQ after doing analysis on htf.

I also added another position from Thursday and mistakenly closed it before it hit tp because I don't know how to take partials on pc yet.

I am learning to be patient with my setups to fully form.

The goal is keeping the account.

Petah:
Ouch!
I was so hopeful so I can join you.

No worry, I go go again. I am determined to make a withdrawal with Ryze and carve out a niche there.

Kaybee7000:
After gunners don ruin my day I said make i use style read small fx book,the thing tire m despite the fact it is based on psycho

infofirst:
Even funded, one will still blow. After first pay out, blow too. Emotions of man to both success and failure.
Kudos to those that are able to put their emotions in check

dmahn:
Omo ... Wetin dey always xup for that phase 2 level, it seems everyone is failing at that phase.. What could be the cause.. Abi how can someone pass 8% successfully and ordinary 5% will be giving us trouble

Petah:
Boss, how va with the ryze funding $500 account?

Ibrahimlagosian:
Guys,i want to buy a 50k challenge account,please where can i get it at the best price?my budget is $250

Ibrahimlagosian:
Guys,i want to buy a 50k challenge account,please where can i get it at the best price?my budget is $250

Find $31 add join to get their $50K account.
You have too much money and you want to be in a haste now, to acquire (squander) more (it)

Marshmallow1000:
There is no excuses not to make it

infofirst:
. Ftmo free trail to the rescue.

Abi o, free trials (with plenty emails). Ko le ton wa nah

meshpips:
Wow! I got quite a number of mentions this week. I truly must be a celebrity of some sort on this thread.

Quite unfortunately, nobody's post was mentally stimulating enough to attract my attention and quote.

I leave y'all with an update regarding the 100k account brought into ICU last week.

Enjoy the weekend kids!

RKTexpert:
Of all the strategies wey dey out there
1,SMC
2,+OrderBlocks
3,SND zones
4,ICT concepts
5,structure, liquidity & inducement
6,Vwap,etc
Nothing beats the good old SNR along TLCHs
Argue with your charts, and fvck any other trading strategies I m done jumping from dis to dat. I'm going to get better using only that with time

Donsheddy:
I said i wasn't going to trade again today..
Well i lied.....
6k account now 5.1%

Kaybee7000:
Good if u can do this kindly check samfelly page out and reg for the upcoming competitions,u don't even need 100%,all u need is just 20% and boom u are funded abi U wan make swear for u if I hear u soliciting to manage anyone's acct again ?

richgen:
I'll suggest samfelly "pump and forget" to us all. .

Note: Contact samfelly for consultation.

rainlover:
That guy is same person as meshpips. Aje! I can swear with meshpips' left eye ball.