₦airaland Forum

chidon37:
Trust me, that’s normal. Luno fee charges for sale, send or exchange rate is quite high. If you don’t want to inquire those charges during sales, then you gotta sell directly to people of which you send just n that will be a lower fee charge.

Ok. Thanks.

Hope I can do that on the LUNO platform?

LillyVal:
DON'T KILL YOURSELF!

​​MAXIMUM EXTREME RANGE OF SEX IS 13 MINUTES..​ for married men and women only. Stay away from Tramadol...

Men Please, stop killing yourselves with aphrodisiacs (Sex Enhancing drugs).

Depending on what side of the sex duration spectrum men fall on, an average of five minutes is good.

But, according to a 2008 study of United States and Canadian sex therapists, sex that is “too short” lasts one to two minutes, “adequate” lasts three to five minutes, and some extreme condition is seven to 13 minutes.

It seems that anything longer than ten minutes is unusual.

So, why then has the issue of sex in marriages become a hard nut to crack.

Today all medications on the market has it written on their labels: sexual weakness.

This is giving ladies the impression that the maximum Five minutes of sex isn't enough making them pressure the men to seek for supporting aids (aphrodisiac).

The youth are dying early because of the usage of these drugs.

Knowing therefore that the maximum range for sex is 3 to 5 minutes, our women are to be content with what their husbands offer them.

Men are also to remember that the pistle damages earlier than the mortar. Be wise and stay healthy and strong.

Men! Men!! Men!!! How many times have I called you? Take note and beware.���

Please send this to the men/women in your lives to prevent early death.

I don talk my own. If you like hear & if you like no hear.

Nah you sabi.

So true.

Comments like this rarely surface here. Thanks

dasrackhor:
Please check your inbox..
Been duped severally on cloud mining..
Please check your email. Really interested in this

Okay

dasrackhor:
Cool.. Please after ur first withdrawal.. Let me know.
Have been duped severally on this bitcoin Minning.

Lol.

I get payout of 0.01 btc weekly on my 4 AntMiner S9.
Use to have 5 but one (which was not bought as brand new) packed up (broke down).

The inflow is not much compared to the cost of purchasing the machine and operational cost (electricity and internet access) but it's fair for a means of passive income.

Lastly you don't pay anyone to mine Bitcoin or any crypto for you, rather you buy the miner, set it up and run it yourself.
The internet will guide you on how to do that.

All the best.

dasrackhor:
How was the bitcoin rig?
Hope it turn out fine.

Going fine.
Though inflow is not what I expected. I guess I joined the band late, but it's fair for my age.

Kingsteve:
And haven't you been chasing women since time immemorial?
Haven't you been eating from birth?
Haven't you been chasing money since 'God-knows-when'?
Haven't you been living since conception?
So what's your fvcking point?

You are slow.

Best advice is for you to leave their philosophy and thread for them.

kinglee007:
It's Brand New. Not hacked.

How many controller's and how much?

naijapips04:
So people are still this gullible in 2019!

See beta nkwobi money. Not my business tho.

Wrong generalisation.

Scammers are not restricted to a particular tribe.

EFCC arrest Huasa, same way they arrest Igbos, Yorubas and the rest

Is it hacked?

Am interested in a hacked one

When I met Bill Clinton, I was 17
But dead Presidents is what ma Ni**as need

Jidenna_ Long live the Chief

When the market moves adversely against your position and approaches the Bankruptcy Price, and breaches the Liquidation Price, the Liquidation Engine takes over your position and liquidates it automatically at market. It adds any tiny profit made by the Exchange to the Insurance Fund, or deducts any loss made from the Fund.

Like I said earlier . Even if you don't get it. You will still make money here.

Read and read and practice then you perfect your skill

The BitMEX Exchange offers Long and Short leveraged trades of up to 100x Leverage.

Do not use more than 25x because the difference between the Liquidation and Bankruptcy Prices at high leverage stacks the statistical odds against a winning trade. Don’t worry about it at low leverage.

Example: you buy a $9,255 100x leveraged XBTUSD position with 1% margin, i.e. your stake is $93 of Initial Margin. Your Bankruptcy Price (Entry Price less 1% Margin) is $9,163 but your Liquidation price set by BitMEX is $9,240. The price just has to fall $15 (0.16%) from your Entry to trigger your Liquidation and 100% Loss. That is a trade for suckers. Trading with 100% leverage on a repeated basis (Long or Short) will inevitably result in losses. The BitMEX Insurance Fund wins. Its current holding is 6,909 BTC, or $65 million. That money came from salami-slicing the testicles of 100x bulls and noobs via the Liquidation Engine.

This is why u need to always use stop market on your trades especially when using leverage.

I will stop here. There more I need to say in margin trading but that will be in our next class.

Do yourself the favour of learning and failing and trying again in demo mode. In those failures, your skills are perfected.

The mechanics of the BitMEX solution are that BitMEX sets a so-called Liquidation Price, a fraction above the Bankruptcy Price (in the case of Longs) or a fraction below the Bankruptcy Price (Shorts).

Like this (picture below)

Q (Based on picture above): Pls I need explanation to this, I sold at 10x leverage. This is what it showed me after

A: It's correct. You entered a short order at 11833. If Btc touches 13073 your order is closed and u lose the trade.

What u did is to trade that btc will fall and you are losing 1.54% of your portfolio

Q: You said that he used 1.54% of his portfolio

A: No I said he is losing 1.54% if you include takers fee and slippage loss

Sorry, he went short so he gained 1.54% already

Short direction is opposite of long direction

Q: Don't know if its because I wasn't here during the previous classes, but I can't seem to understand this margin stuff

A (Oceanized25): Basically what he said was, it's just like you using #10 naira of ur personal money but borrowing 90 naira, making it #100 for trading, When you want to trade with #100.

If the actual price of what you want to buy (that is #100), comes down to #90, that means your #10 is gone.

But if it doesn't n you do your trade n you win... You make more money, as basically the more you put into trading, the more your profits

But even if you loose, you are not loosing much as you used only 10% of ur investment, the rest was

Q: Thanks. But I still have a few questions.
Is it just virtual? Like if I lose all, will I pay back?

A: You loose your main 10%,the other one you borrowed you won't pay back....
Free borrowing...I think

Q: By win, do you mean selling the bulls. Or are you referring to binary?

A: The idea is making profit,wether it's by selling or buying...

Profit and loss scenarios For 10x at long position.

Remember u can use any leverage other than 10x for trading.

your profit can exceed 100%, indeed it is unlimited, but your loss is limited to 100% (i.e. $1,167) , however much the Bitcoin price falls.

Order Value: The value of your position is 1 BTC i.e. $11,670. (0.9889 BTC to be exact.) Fees are calculated on this amount.

Place order box Quantity: The quantity of the trade is $11,670. This is your position. But the money you place at risk is less than this, depending on what leverage you choose. The higher the leverage, the less you place at risk, but the greater the probability of losing it.

Cost: The cost is 0.1015 BTC i.e. $1,184.

Cost = Initial Margin+ (2 x Taker Fee)

Cost = (1/Leverage x Position) + (2 x Taker Fee)

= (1/10) x 11,670 + (11,670 x 0.0015)

= $1,184.50

This is the maximum you can lose

You lose the entire amount should the price fall by 10% from $11,670 to $10,500. If the price was to crash to $5,000 your loss is still limited to $1,167 which is the value of your Initial Margin.

PS In margin trading. You can make more money than you could have but also can lose it if you make wrong judgement. In as much as its profitable, I want everyone here to use the demo account to practicalize margin trading.

Class 6' Margin Trading

Margin trading in summary is borrowing money from exchange in order to finance a trade. It is a high risk high profit method of trading

You can have 100$ and trade as if you have 10,000$

You can buy 1 Bitcoin ($11,670 at time of screenshot) with 0.1 BTC ($1,167) by buying a 10x leveraged position. You pay only 10% Initial Margin. You can also short the Bitcoin price (profit from a fall in its price) by Selling the Contract. The most you can lose is your Margin.

SoNature:
Getting married to a lady in showbiz is the biggest marital mistake any man can make.

I beg not to differ.

Lol

booksrite001:
I am pleased to share this project with you web-masters.

A mobile concept of NL. Feel free to share your opinions and reviews:

See the details in my signature...

Your signature is unavailable, please check it or better still post the link here so others can check it out.

I have been using an app from playstore to access this forum since last year and it's been great, would love to see how yours look like... Probably I will switch apps. Lol

Kudos for the innovation

LoJ:
I regularly see this opinion on nairaland. It sounds intelligent but it is fueled by ignorance.

People who know better, understand that Seun is a very intelligent businessman. How many other fora with better feature opened to compete nairaland and are now dead. Seun understand his audience like no other did.

Users of nairaland are not looking for features. They have Facebook, snapchat and Twitter already for that. What the user want and need is a light forum, easy and quick to load (even with a very poor network you can open nairaland in seconds) and pour your mind.

People just want to have a place where they can bash each other, perpetuate their tribal wars and hatred for the government. Seun provides them with that like no other.

Above all, he is very discret and silent, and the members make the forum. He is not a linda ikeji whose forum would be always overshadowed by her own pursuit of fame, thus turning the forum into another blog. Very reason why her forum failed.

Nairaland is very suitable for Nigerians.

You have said it all, this Forum have a going concern of over 20 years.

Seun actually add one or two small features from time to time but he does it inview of those things you mentioned so users can easily access the forum even with poor network or low data.

ideylaff:
Chai M.I little giant... don't know where he took the wrong turning..... jeez... talented he was....

He still is...

Like you, don't know where he got it wrong but for quality music he got it.

After The Chairman album, people forgot him.

Though on his part he doesn't really publicize himself like others do.

His last 2 albums; Rendezvous and Yung Denzel had little or no public awareness before they were released. Though Yung Denzel did not have much party tracks, Rendezvous that had wasn't played much on the radio except the track Lekki which didn't seem like an MI track cause he was barely on it; one verse.

I understand that him being the new President of Chocolate City may be highly demanding and all that, but he is gradually disappearing from the music scene in Naija.

I can't forget that Phyno's track where Burna Boy and M.I were featured (Link Up), the 3 of them murdered the beat in their respective ways but M.I's wordplay there was out of this world.

EFCC they clamp down, no dey show P for DP
I don’t talk about money, google me if you got APC nigga
All my capital is dollars, call my money DC
Hope u get the message though I take you upper CC

Same thing with Jesse Jagz, though I blame him for leaving Choc City earlier plus the never ending promises of dropping 2 albums in a year which never happened.

Later he dropped Odysseus and the world did not notice.

Now he is off the radar.

Okuda:
the best album in recent tines were M.I's Talk about it, Jesse Jagz Jagz of all nations, Burnaboy' Outside and African Giant

The first 2 albums you mentioned are quite old but very dope.

Sadly Naija don't really appreciate rap.

M.I's last album; Yung Denzel is another masterpiece which was totally overlooked by the world.

All numbers added.

In the settings, there is a whole lot you can do in settings, time session, style, background, scales etc

Symbols addition is for adding and comparing symbols. Not important

Chart expansion is used to view chart in full screen.

Next topic will be on margin trading.

Class 5 continues

From left to right We have;
Timeframe icon
Settings
Indicators
Symbols addiction
Chart expansion.

This images comes up when you enable chart on your Bitmex account.

Timeframe.

You can tweak the time of trading you want. 1minute to months

Next question is based on the picture below; about depth chart.

In this case buyers have more strength or emotions

Q: But I thought when the green one is higher it means there are more buyers in the market than the sellers, so they have more strength cuz the price will rise and vice versa

Am I getting the depth analysis wrong this way??

A: Yes. Strength and health isn't mutually inclusive

Q: I get.

I was only confused when you said buyers have more strength in the last graph while the green graph was higher than the red

A: Green are buyers, so they have more strength

Q: You got an example of an unhealthy one

A: In the image i posted (below), The center to left/right was in conic or semi circular shape. Unhealthy won't occur like that. It will be like a straight line that doesn't start from the center, maybe close to it. Shaped like square

Q: On the depth....can we exactly tell the numbers of buyers at a particular price range? because as noticed on the depth,after a particular price there is space between another n the amount bought.... in-between those spaces,can we tell those amount bought that the graph didn't clarify.....hope I am understood.

A: You can't tell. There are orders that do not end on the depth as a result of how fast orders are filled. What you can do is to go to recent trade and view the number of trades there

Q: My question is what is the idea behind making profit while the price is going down

A: It's called short selling. The way you predict bitcoin to rise, you can also predict it to fall and make money off it by short selling

Q: And Goodtillcancel allows you to fill your order slowly,while fill or kill is telling you to fill it immediately n no badges....I would have thought, considering you are doing a business and being fast, one will prefer fill or kill...saving time ...sorry,this takes us back a lil

A: Why goodtillcancel is preferred is that it's hard to sell an order of same price and amount. Therefore you might want to buy 500$ of bitcoin at 10,800 and someone is selling 300$ at that price, 300$ will be filled to you while u await the remaining 200$ of same price to show.

Q: Assuming I bought $100 bitcoin at maybe $15,500 and it falls to like $5000 will I loose all the $100 bitcoin as the price goes down or what am I going to loose?

A: 15,000 to 5,000 is around 75% fall. You will lose 75% of your $100

Q: I thought In this case, one can onlylose only when one sells the bitcoin, what if one leaves it and it rises back??

I need more clarification in this.

A: That you never sold doesnt mean the dollar value isn't falling. What remains constant is your satoshi value but your dollar value isn't.

That's where the phrase of not losing till sold came from

Q: Which did you think is better between bitmex and binance

A: Not about better but interface.

There are sths Binance does that Bitmex don't and vice versa. But in terms of money making, Bitmex can make more money for you than Binance as a result of its short selling.

Q: But, that bitmex interface no make sense at all plus they don't have many pairs...and no mobile app too

A: Get used to the interface. That is one important thing a trader have to know. There are exchanges you will not like but because it makes the money for you, you get used to it

Depth chart is a graphical representation of the strength of buyers and sellers in a market. A healthy depth is a depth that has consistent increment from center to right/left. An unhealthy depth is inconsistent/sharp increase from center/close to center to right/left

In this case (picture below) buyers have more strength or emotions; hence healthy depth.

Unhealthy depth shows like a straight line

Separate health from strength

Both differs