₦airaland Forum

This is the best Bible App I have seen, 30 versions freely available, ease of navigation. ease of switch from one version to another, quick search response, mysteries of The Kingdom and much more. This is Great!

Wisetrue99:
How old is Nigeria again

Nigeria needs Peter Obi!

Sure!

Happy birthday PO, I celebrate you for the good leadership foundation you layed when you were the governor of Anambra State, which Anambra State is still enjoying till date.

kelvee:
A support group, "Youths Earnestly Supporting Obi" derives meaning for OBI-DATTI NIGERIA.

As Elections gear closer, ensure you get your PVC.

Follow YESO on Twitter, Instagram, YouTube and Facebook @yesobidient.

Website:www.yeso.com.ng

Accurate Fullmeaning
YESO! Obidient.

mrdavid777:
Downloaded and reviewed, This is so nice, and user-friendly.

Yes

Wow...! This is the best Ministry App, I have seen, since the days of smartphone.

Nice App.

Ok

Vikky014:
Thinking everyone is the same will end up preventing you from partnering or working with the right persons.
There are genuine traders, who are making it big.

Well said. Check my profile/signature.

Cool, I trade too.

mrdavid777:
Well articulated.

Thanks

Fxtrading has been there since 19th century, even before the indepedence of many nations, and will remain there as long as the financial world remains. You can do your research to confirm that. "Alex. Brown & Sons. traded foreign currencies around 1850 and was a leading currency trader in the USA. In 1880, J.M. do Espírito Santo de Silva (Banco Espirito Santo) applied for and was given permission to engage in a foreign exchange trading business.
The year 1880 is considered by at least one source to be the beginning of modern foreign exchange: the gold standard began in that year" Src: Wikipedia.

While Fxtrading exist, among each generation of people that meet this wealth creation opportunity, some take advantage of it, others try, but give up. others don't even try at all.

Fxtrading has come to mean different things to different categories of people, discovered that someone's opinion on Fxtrading usually reflect the the kind of person he or she is, with respect to Fxtrading.

There are two major opinions about Fxtrading.
1.) The opinion that it doesn't work. ( Examples: it's scam, it's complicated, it's not genuine, it's risky, it is now ponzi in disguise, etc.)
Types of People with this opinion are:
a.) Fxtrading Novice, who only accepted a negative opinion of others.
b.) People who saw Fxtrading as get rich quick solution, and got disappointed.
c.) People who wished to make it through Fxtrading, but could'nt find their way up, so they now gave themselves the ministry of agent of discouragement to anyone who is interested in Fxtrading. They have one thousand and one reasons why anyone interested in Fxtrading should do something else with his time and money.
d.) People who were scammed by fake traders or whose investment where mismanaged by an non-professional trader.

For those in this group "d", answer these questions:
1.)The fact that some fake doctors have scammed people in the name of medicine, does it mean medicine is scam?
2.)The fact that some fake engineers have scammed people in the name of of engineering, does it mean engineering is scam?
3.)The fact some fake political leaders are scamming their people, does it mean that political government is scam?

Fake is actually an evidence that there's original. If there is no original they can't be fake.

2.) The Opinion that Fxtrading works.
People who have this opinion:
a.) Experienced Professional Fxtraders.
b.) People who never gave up till they gained mastery of a trading strategy that works for them.
c.) People who invested in a Fxtrading and are gaining from it.
d.) People who acquired the knowledge of Fxtrading simply for training others.


Initially, didn't believe Fxtrading was worth doing because of the risk involved, but overtime after taking the bold step to gain mastery of the skill, discovered that results someone gets in Fxtrading is a reflection of the kind of person he or she is. By avoiding greed, desperation, and get rich quick syndrome and adopting the character of patience, self-control and proper management. One is better positioned for success in Fxtrading.

So if Fxtrading is not working for you, it doesn't mean it doesn't work, it simply means your approach to it doesn't work, because as a matter of fact, it's been working since centuries ago.

If you can't cultivate this positive habits that enable you to succeed in this line of business, then it's recommended you choose something else to do. The Fxmarket is a global market where an average of $5trillion to $6trillion+ flows through in each of the 5 working days of the week. Such an amount can't be globally poured into a system that doesn't work in each of the 5 working days of the week.

Ok

You can get started for free. Check my profile picture.

True

Nigerians know how to over mount pressure on any investment opportunity that works. So much that if care is not taken they collapse the system. I'm not part of MBA but I think they are trying to reduce the pressure.

Many skills are required for trading successfully in the financial markets. They include the abilities to evaluate a company's fundamentals and to determine the direction of a stock's trend. But neither of these technical skills is as important as the trader's mindset. Curtailing fear and greed are key to making money.


Curtailing emotion, thinking quickly, and exercising discipline are components of what we might call trading psychology.

There are two main emotions to understand and keep under control: fear and greed.

Snap Decisions
Traders often have to think fast and make quick decisions, darting in and out of stocks on short notice. To accomplish this, they need a certain presence of mind. They also need the discipline to stick with their own trading plans and know when to book profits and losses. Emotions simply can't get in the way.

Overall investor sentiment frequently drives market performance in directions that are at odds with the fundamentals.
The successful investor controls fear and greed, the two human emotions that drive that sentiment.
Understanding this can give you the discipline and objectivity needed to take advantage of others' emotions.

Understanding Fear
When traders get bad news about a certain stock or about the economy in general, they naturally get scared. They may overreact and feel compelled to liquidate their holdings and sit on the cash, refraining from taking any more risks. If they do, they may avoid certain losses but may also miss out on some gains.

Traders need to understand what fear is: a natural reaction to a perceived threat. In this case, it's a threat to their profit potential.

Quantifying the fear might help. Traders should consider just what they are afraid of, and why they are afraid of it. But that thinking should occur before the bad news, not in the middle of it.

Overcoming Greed.
Greed is not easy to overcome. It's often based on the instinct to do better, to get just a little more. A trader should learn to recognize this instinct and develop a trading plan based on rational thinking, not whims or instincts.

Setting Rules
A trader needs to create rules and follow them when the psychological crunch comes. Set out guidelines based on your risk-reward tolerance for when to enter a trade and when to exit it.

Conducting Research and Review:
Traders need to become experts in the stocks and industries that interest them. Keep on top of the news, educate yourself and, iif possible, go to trading seminars and attend conferences.

Sure. Knowledge first, before trading.

Nice

Congratulations to him

Ok

TheManofTomorrow:
So, I'm a student just like many other people on this platform and this lockdown has really opened really my eye to a lot of money-making avenues.
I have discovered some fundamental principles of investment too which has guided me to little or no faults in my investment schemes.
I started with a 10k tutoring job in May which I took out of boredom and brokenness but today, I can invest 100k in a trusted and well-researched investment without batting an eyelid.

Ok. Check my profile/signature lets talk.

You can get 300% of that in less than a year. Check my profile/signature lets talk.

Sylvermaxx:
There are so myths regarding forex trading in Nigeria people have labelled forex trading as a form of Ponzi scheme, gambling, or get rich quick scheme. Forex have been in existence with almost the same modalities as stocks trading, but the difference is accessibility, liquidity, leverage, volume and time.
With a mobile device you can actually trade forex and earn consistent profits however, like any other profession it requires training and expertise. No one becomes a doctor or an engineer overnight .Why do you think you can make millions from a profession engaged in by banks, government and seasoned professionals with years of experience overnight?
Many people in Nigeria want the easy way out and the level of poverty and unemployment is not really helping matters, this had made many people fall prey to different individuals using forex to extort many youths because they lack the requisite knowledge and believe that forex can leverage them out of poverty overnight.
I have been trading forex for quite some years now, but it took me 2 years of consistent hardwork, studying, trading and losses to be able go develop a system of profitability. As a young man you can make it forex actually but you need to filter your mind form different noises about forex get your ass down to study, demo trade and meet an experience trader( who is actually profitable in real life) to share his experiences with you.
In these times of depreciating Naira and harsh economy, as a young man you can actually keep your head above water with profitable forex trading.
Forex is not scam, but a legitimate way you can be independent and earn a decent living.

You are on point.
People spend years in school some cases up to 5, 6 years in school to study a profession after that they still spend more time before earning or may end up not being able to convert the knowledge to income.
But when it comes to forex, someone who just started trading yesterday, if they don't make millions overnight, will assume forex is scam. If forex is scam the banks, and other financial institutions will no longer exist. 'Cos that's what they do with our money.
If you are interested in forex, give it time, seek to gain mastery first. When you gain mastery of the skill it becomes profitable to you. There is always a learning process first for any sector of life you want to make money from. Don't be in hurry to judge forex, Calm down and learn the skill.

Nice