peteregwu:


See that AUDNZD move. 😎

dennison4luv:
After 2yrs of trying I got my first payment today

Luada:

No proof as I said before am not giving advice am just airing my opinion you see 10 years of experience is nothing it not bad to learn I follow traders with 10 years experience and they are multi millionaire's in USD

boom99:
WHY I WANT A 10K ACCOUNT FROM infofirst.
Dear sir,
> I trade only one pair as recommended by you. I started this in December, since then my account has remained afloat.
> I now trade higher time frame. I now stay longer in the market.
> I no longer take any trade from anyone here, just to make sure I am independent.
> I have been consistent since December my win rate is much more higher than my loses.
> my win rate this February is 100% for now and with my strategy I believe it stays so.
> I don't trade everyday because I only trade when I am sure its going my way.
> I stay away from news, be it red folder(high impact) or any folder at all.
> you can access me with the February TFT challenge for this month to further see my progress.
> my little daughter want me to succeed so she can go to a better school since her mum left.
> I need an opportunity from you. I know it takes a lot of sacrifice from you to do what you do. God bless.
> if you no reply me I know say my village people is on my case.
Infofirst ();

DeLaRue:


You think so, but that's not the reality.

There is a pain point at which demand for many imported goods will fall fast. People will simply start buying less and less of them. Whether that pain point is at N1500, N1800, or N2000 to a dollar, I don't know.

But the CBN will have the data. They know. If N1500 doesn't stiffle imports to the level they want, I suspect the CBN will not mind seeing naira close to N2,000 to a dollar.

In some ways, it is to the credit of Mr Tinubu's administration that it is willing to follow this extremely tough path to redirect the economy from import-dependence to greater local production. For a politician facing election in just over 3 years to follow a path that may not show positive results for a few years, is truly brave.

The Nigerian economy was heading for the rocks after over 40 years of mismanagement. Tough decisions are needed to correct long term over dependence on imports.

That naira/dollar pain point is the point at which local production of certain goods starts becoming more viable than importing the same goods. This should translate to us producing more of what we need locally. This will lead to more job creation, less pressure on the naira, and a stronger, more balanced economy in the long term.

But this approach comes with a lot of economic pain initially, as the country is witnessing now.

That's the theory o.

Whether things happen in practice like I stated above is a different matter, because Nigeria's situation often defy economic theory.

infofirst:
Let's check.
How many of us are still having @alpha 5k acct running here?
How many have blown it?
How many are still having that 5ers acct $5k with tough rules?

We really need to do beta.
2024 is going.
Be deliberate.

geedot:
This is where you got it wrong. You were aware before purchasing it, so that shouldn't be excuse you give yourself to mask your failure. You're just indiscipline! You're going to trade a funded account the same way you trade the evaluation phases. Prop firms are out there to reward disciplined and patient traders.

Maybe you are better off trading a personal account. It's better you leave these prop firms, because you are just the opposite of what successful prop traders are. I'm not saying this to ridicule you, but instead to motivate you.

"Whatever you do, know thyself" or what mantra do I see people throwing around here all the time. Thyself is not good enough, and you know it yourself, but you still don't want to change for the better, you will have many years of experience with nothing to show for it.

For example, if I'm about entering a buy trade, and peter or Gabson are somewhere trying to sell from where I'm buying, I'd be stupid not to look at my chart again to see reason they are selling instead. These guys targets 500pips+, with a massive win% ratio, there's no way my SL won't hit for their trade to turn green.

This is not about pride, it's about knowing fx is probability and can go both ways, and accepting some people are just better than you are. I only want to also see from his angle why he thought it would be selling, after cross-checking and I'm fully convinced my buy has more probability of holding than his sell, then and only then I will leave the trade run, or just delete the order if otherwise and wait it out to see if I would have been right or wrong.

Gasive:
The announcement just dropped.👇👇

Please see below how to enter to claim the free 5k (virtual funds) account assessment.
htt ps://help.alphacapitalgroup.uk/en/articles/8671414-free-5k-account-promo-rules

Restrictions:
One account per person, any user or individual found to be claiming multiple accounts will have their accounts closed immediately.

How to claim the free account:
Log into the traders room dashboard: htt ps://app.alphacapitalgroup.uk/login

Go to the "profile" tab
Successfully complete the KYC via the 3rd party provider SumSub
Once you have successfully passed KYC, the Free account will become available and will automatically be issued to you.
You can find your credentials in your registered email


Rules of 5k account:
No Martingale - please read FAQs
Max lot cap on funded account of 2.5 lots for a 5k account
Max daily loss 5% calculated at daily starting balance
Max loss 10% $500
EA enabled on all phase 1 accounts please refer to FAQ in regards to EA usage


Please refer to the help centre for full details of rules and guidelines: htt ps://help.alphacapitalgroup.uk/en/

htt ps://help.alphacapitalgroup.uk/en/articles/8671414-free-5k-account-promo-rules

@everyone

PS - delete the space between htt and ps: to access the links.

Let's get funded together✌️✌️🕺🕺

infofirst:


With 0.1lot, you need 1000pips to hit 10% if you trade pairs that have round figure as lot value like gu eu au nu gold us30 etc..
It is not a must to open two positions at a time. But only 0.1 lot must be open at a time. So as to help track everything.
DD is 5%, overall DD is 10%.

cescky:
big boys in the house help a brother out

if i have a 100k account as an example and i want to risk 1% which is 1000k

how do i also calculate a lot size appropriate for this 1,000k.....

if i want to trade using ratios 2;1,....how do i determine an appropriate lot size to use, help me out please......

trading eurusd

dmahn:
Done trading for the week. I have no business trading on Fridays anymore. Its not really a bad week here but just to slow. Less than 2 months to meet up with boss infofirst Situp or stay out competition and still on a 0.40 DD in a month and half. Meaning I have just one and half month to do 10.60% .....TBH Meeting up isn't certain anymore, but still not over till its over

Davigle:
🤔

FreshGuy2:
okay thanks man... Please do you know if they allow one to trade for someone else... I m asking because I want to trade for my client

FreshGuy2:
Please my fellow traders, I need a suggestion on good propfirm to get $5000 account,A good and reliable propfirm that doesn't have much rules and regulations like not being able to scalp or telling you the number of positions you can have at at time and all that...

PIPSMARSHALL:


You are a shame to ur parents who gave u real names.

Did I call ur name? Respect is recipocal.
If ur papa no get rep for my side, i no fit recipocate that respect back.

Only fools agree to disagree. You are a fool.

PIPSMARSHALL:


You are very stupid.
moving stoploss is a bad habit make i educated u. Lol.

infofirst:


Partials will reduce the lot size.
Need to close all and reenter.
I will tell samfelly to adjust the 0.1 rule to allow for 0.2lot as well.

infofirst:


With 0.1lot, you need 1000pips to hit 10% if you trade pairs that have round figure as lot value like gu eu au nu gold us30 etc..
It is not a must to open two positions at a time. But only 0.1 lot must be open at a time. So as to help track everything.
DD is 5%, overall DD is 10%.

OfficialP:


First, congrats on your win. I for one knew that it's a prank that's why I bother not to respond.

Secondly, the condition attached to the giveaway is weird, awkward and suppresses freedom of speech. People have the right to say their minds.

Let's not suppress it with Greek gift.


Keep winning BTW, with luv

rainlover:
JUSTICE FOR VAP™✊

infofirst:
It's a Friday. Active participants in our tft competition should update us along with screenshots that carries username.
Some tough changes but rewarding changes coming next month

sotall:

I dont really understand Nigeria electoral laws.

Why is this judgement opposing the presidential judgement.

For the presidential judgement, a petition was struck out because the petitioner is not a member of the party and the petition is about intra party matter.

But this one is also intra party, why is this being used?

infofirst:
I'm considering modifying the competition rules. Moving forward, only committed and serious participants will be allowed. To be eligible, participants must have an account age of at least six months and a history of activity on the thread. A request to assess their qualifications will be necessary before extending an invitation.

While the competition results can be made public, the primary method of joining will be through invitation. The competition will run for three months. To qualify for a $10,000 challenge, participants must achieve a minimum of 10% profit, and their drawdown (DD) must not exceed 10%. Additionally, they must actively trade for a minimum of one month to be eligible for the prize.

We will utilize a Darwinex $10,000 demo account, which should be linkable to my FXBlue account. However, I still need to confirm whether the demo account will expire within that three-month period. It's important to note that Darwinex offers lower leverage, allowing only a maximum of 0.1 lot size and a maximum of two positions at a time. Participants must be willing to adhere to these rules if they win the challenge account; otherwise, they will face a permanent ban.

We need to stop playing. Our play don dey too much.

OfficialP:
Am in severe pain this morning, I took some trades yesterdayz left it overnight, the spread widened and daily drawdown was breached. It was all my fault, I over leveraged the account in a bid to recover earlier loss. I failed myself and missed an opportunity.

P@raiseGod I am sorry, I have learnt again in a hard way.

I pray God favors me again with another opportunity in His infinite mercies.


Am sorry, I let myself down and betrayed the trust.

LocalFARMERS:


Can you expantiate please?

Emmizay12:
I have stated many times on this thread on why I believe Trading is Gambling

in no way am I trying to paint trading in a bad light, I used to be highly against the notion of trading not being gambling until my losses in forex started piling up.


I began to make some research on gambling and the similarities was staggering....

a gambler makes bets, a trader places trades
a gambler looks at odds, a trader Risk to Reward
a gambler looks at team stats, a trader Backtests
a gambler and a trader both have winning streaks
and losing streaks
both are constantly trying to predict the future
both believe they can achieve financial freedom
both have 95% who lose money constantly and 5% who make large withdrawals
both can lose all their fortune in a day

but at the end of the day Forex traders have it worst, why? they still want to believe they are not gamblers,, and that right there makes it difficult for their brains to fully permit them to take on the mindset and form of a Truly profitable Trader...

infofirst:


You do not know the difference between trading the forex market and gambling the forex market. You can never lose your whole fortune in a day if trading the forex market but you can if gambling the forex market