₦airaland Forum

femora007:
UPDATE

A prop firm with free evaluation/challenge to live funded account with a great scaling plan, also free retake after 21days.
Instead of asking me funny questions just visit the address => nostro(dot)co

Isn't God (Allah) a wonder One, again? Boss, we simply can not thank you enough, but, thanks, plentiful.

Countdown don start already

coolvibes:
Guys also check this trading comp.

https://alphacapitalgroup.uk/trading-competition/

The fact that 2nd and 3rd winners from last month February na Nigerians just make my belle full and sweet

I just hope April registrations never elapse, cos I no see am in Upcoming

meshpips:
USDJPY

Sell stop at 132.88

stop loss above current high of day

target : open

Ogboraph:
Am I too greedy or what is wrong with me. I am finding it difficult to take profit. After I already took profit of $872 today

haryodehjia:
Deriv p2p no longer active.. I wonder the crime of Nigeria

mycoolchoice:
I sincerely appreciate your kindness and concern. More true trading success to you boss!

Ogboraph:
Please teach me how to trade gold

Boss, no whyne me o , cos there is no particular way of trading Gold o.

Fxwarrior:
Did you contact customer care?

Yes, boss, I contacted them. I was referred to a Nigeria rep for their company, but that one no just know wetin he dey do. Became frustrated and left it as that; behind-d-wire

samfelly:
Na today e dawn on me say Forex and Patience are Lovers. And dem go come call Confidence to join them make dem act small 3some

Borntosmoke:
I'm not trying to discourage. Abeg make unaa follow Yoda advice. He get why!!. The most sweetest in this life is having job or business that pay you and trading forex per time. Pressure no go dey!!!!

BrightFuture48:
They will be disqualified soon. Those are greedy mofos. Don't mind them.

PIPSMARSHALL:
It's self discipline. Many traders fail because they lack that ingredient.

But trading is a lonely journey. We don fail, go broke, enter debts, lost respect from people around us before getting the skill of trading. I have been in one place for 2yrs (trying to pass prop firm) before the Aha moment of discovering discipline.

(As the nigeria exchange rates went high, trading In dollars was expensive. I just stayed with prop firm that one day I will figure it out. If I lose account, that's going on break till I have money to try again.) Na OAU student I b when I heard abt fx trading. so getting this skill was very difficult and financially frustrating. The journey just dey clear for my eyes, with time God will take me places with this skill

Now I ask myself, why did I not get this thing since!!!?
I noticed I have changed. I'm not more bojbest, or king pipmarshall. I became pipsmarshall a new me.

I av found what works for me and I pray God gives me the strength to continue this discipline. Because if I lose it, I'm gone. I don fight people wey be like helpers to me because of this trading. I don abuse my elders call them stupid. No be me go follow una suffer for this country. Now, I'm on my own. Me and my God with trading to achieve the little I can do b4 death calls.

And i pray for strength to repeat the discipline of doing what has worked. I neva get money buy benz or house for lekki or relocate go gwagalada, But with God all things are possible.

I pray everyone gets the discipline they need to succeed in this business.

Fxwarrior:
Brokers also contribute to your success as a trader. For example exness doesn't charge me swap. The spread are okay.

Deposit instant, withdrawal good. Why won't I be happy with them.

They have good friendly customer support.

mycoolchoice:
I welcome everyone and I hope you're all doing great. I want to introduce my simple ways to escape forex trading traps and ability to scale out of the rat race in this current hard time faced by Nigerians as we all know how risky this trading business could turn out to be without a solid plan.

WARNING!

1. No perfect forex trading strategy anywhere; if you think so then you would waste more of your time doing so, IT'S YOUR CHOICE!

However, you could say if Mr. A can do it then Mr. B can do better, there is no argument to that but in forex trading Mr. A could be hiding something that Mr. B is not seeing or getting; so focus on yourself to discover yourself as you only can define your joy.

2. Psychology is the best approach then followed by money/risk management plan and lastly trading strategy ( which is mostly sort after as number one by forex traders in the cycle of 95% losers ).

PSYCHOLOGY is your willpower to ensure true trading success...

MONEY/RISK MANAGEMENT is a reminder to value and protect what you have before thinking of what to gain; so a strong key to stay in your plan...

STRATEGY is only a key to enter a house built by Psychology and Money/Risk management...

I have studied forex for over 10 years and this is what I've discovered for a true trading success below ~ discipline! disCIPLINE!! DISCIPLINE!!!

PLAN A

1. Getting a broker that can appreciate your 1 cent gain; remembering that on average ;

1 cent = #7.

$1 = 100 cents = #700.

2. Going by a plan to sell a dollar ($1) profit from a ten dollar ($10) account balance which is 10 percent (10%) gain target.

3. On every $10 account balance you should never use more than 1 cent per pip lot size value in a single trade. This RATIO is the main point expected to be applied on any desire trading strategy or setup by you. However, you could open a new additional trade(s) with same lot size to previous trade but not more than necessary.

4. No matter what happens accept your loss using stop loss always.

5. No rule for profit target gain which could be short or long term as long as you obey the rule 3.

6. Always increase trading account balance with extra funding to scale up account balance for better profit gain.

7. Enjoy your profit gained regularly by selling it on P2P platform as $1 is sellable always.

8. Ensure you increase the account balance at your pace and convenience to meet plan B requirement.

9. Once account balance size has grown to $100 then repeat the same logic to make the $10 target gain as done in previous balances.

10. Withdraw and save the $10 profit gained up to 5 times to net total of $50. Hence, at this stage move to plan B.

PLAN B

1. Buy Prop Firm Funding Account of $50 from myfundedfx (no time limit for the 2 steps option).

2. Trade the evaluation and verification steps using the same logic above in Plan A.

3. Once plan B is successful and profits are made then buy more prop firm trading accounts and also invest more in your own plan A account.

I will be exploring this plan this week with a double start up capital of $20 to boost the pace. I will be dropping my trading signals here.

What is your take? Please add your views.

Thanks.

Telegram: Mycoolchoice

mycoolchoice:
A new sell trade is added as seen in the screenshot. This makes it a total of 2 cents per pip value. Also if you check well you will see that the account has gained $1 currently and that is 5% gain on the $20 opening balance.

However, to maintain and sustain the trading plan then when $2 is gained then I will withdraw and save to encourage myself.

You can use this approach on any account balance either small or big size. One of the reasons most traders fail is that they don't have a trading plan before trading or going against their trading plan because of greed.

WAVESANDGOLD:
Organize a competition,

Set the risk parameters

the best trader gets to manage the account.



Samfelly

PIPSMARSHALL:
I can. You suppose no buy account if this was ur plan.

Also you won't be trading that account until our deal is concluded. And I want you to share the end result with FTA traders at the end because I'm not charging service fee.

If you agree. text my whatsapp only. +2349159432055

If you want me to mentor you, dm. Service fees apply

bigbasho:
You are the biggest boss. sometimes i wonder how dey succeeded in diverting everyone's attention from it, every day they show where price is heading to . It has to follow that specific path. other factors may align but i tell you its the real deal. GU should do 2k+ pips down. i mentioned it since almost when it started. How did i know? they play the pattern everyday just like a song is being played on a piano repeatedly. i traded it almost every time on Ltf. it is yet to mature on Htf. if it is correct on Ltf, what makes you think the Htf wont play out? we are just trading against computer program. If you understand this, you will start seeing how the chart moves.

Animashaun2:
The SPREAD, chief, the spread. Stable (not fluctuating - widening or something). JUST THERE O . I so love it. I guess that is what Samfelly would likely see

Yes, boss, na the spread make me dey trade Synthetics, also o .

Piptocoin:
[color=indigo]There is another file of his I have and will paste the link on my signature for whoever is interested in it. [/b]This particular one is different from the one I sent the link to those who asked. The one sent is already enough but this also has gems of information. When I am done uploading it to the cloud I will drop the download link.

[b]With this, one can understand how Bigbasho makes his maps (to some extent if I'm not wrong)...the same process. [/color]

Boss, I just checked your signature, no link, yet. Because, as Jameselias don finally make me believe wetin I dey suspect about the market, since, today, I wan start to dey treat the market like it is - electronically controled system. Seems that's how boss Bigbasho dey see am, also

dmahn:
That thing na virtual game . Ajá ń sáré owó njona

Jameselias:
It's a testament to the fact that this markets are not moved by buyer's or seller's but rather it is electronically Driven

Piptocoin:
[color=indigo]Sent it, boss. You've been missing in action. Hope you are good.[/color]

Piptocoin:
[color=indigo]That reminds me, if anyone is interested in some of the works of Captain Jack, I have a pdf of many of his posts I personally compiled on how he trades the markets. PM so I can send the pdf to you. It took serious effort to put them together for myself but I am willing to share if anyone wants it.[/color]

I need to see it also o, no knowledgeis is a waste