₦airaland Forum

CopyJoe:
Wow!!!

How do you people do this?

No stop loss and 10 trades

I never get the mental capacity to do am.

Not all the time boss..like today when red news go dey i use s.l...lets say like 50 % of the time

NetValueFX:
What's your average number of floating trades by mid week? Secondly, do you trade with stop loss?

No stop loss boss...i can open up to 10 trades mixture of buy and sell in one week.

CopyJoe:
I never reach boss level.

I still dey learn.

The day you see me trade gold and become very profitable, I go believe say I don dey sabi small small.

No worry....one day na one day boss man.

MONEY247:
I think for me .......it's to scalp...... this week...
My first time for having a winning streak....

Wow nice one boss...you scalp indicators like stochastic or you dey use price action boss?

CopyJoe:
Just my 2cent.

Do you have a trading journal?

I write stuff down.

I want to know why I lost a trade.

How do I keep most of my floating Profit? I hate losing back pips to the market.

And so many other questions.

With that, you'll be able to find solutions to the questions.

If you are making 11-13% using your strategy,

Them you are doing well. Maybe you become too excited and want to make even more and go overboard with it.

Boss it's very very frustrating....30 days of hustlinh to make profit and first trade of new month... everything fiam gone!!.... I'll try to do what you said abt d journal boss.. thanks....

OminickConcept:
Brother I don't associate with hoes as you put it.

For real bro. You are a man like i am. Face the reality....

If you aren't going to see your babe overseas for as long as we both know is right to keep the relationship.....Be a man & have that conversation with her. It's necessary....

NetValueFX:
Explain what you mean by hold profit for 2 months.

I do not know how to trade and keep profits boss...like say for instance boss...i trade in a month and i make 11-13% because i do not use all those big lots size... Sometimes i just scalp... sometimes i i allow some trades to run... But all in one month 11% +..the following month i can lose that profit that i hustle to gather doing the same strategy in just the first trade & it is so frustrating....

NetValueFX:
If your aim is short term then it's understandable. For me trading is long term. I am growing my account while taking little out of it every now and then to cure ulcer.

Boss give me trading tips now... No matter how little....how can i grow & hold profit for 2 months at least...

@copyjoe
boss boss...i think you said no news in this world will make you close the positions....
That news by 7 might not have any impact...-take it from someone that knows someone that works in Fed reserve


Don't mind me o...we all learn bro. At least i am here to learn & ask questions......

CopyJoe:
I know say one day I go dey make profit like you.

as you close the trade now gbp done dey spike buy

CopyJoe:
Stopped out on GU trade. -40 pips. No open trade.

Mr copyjoe...why now

Make i go close my #1k profit

samfelly:
Yes, Risk Management go really interprets well with Naira Account. Unlike in dollar, when I behold a loss is running into N1,500, I go shake body o and cut it off, but if na dollar, wen a trade dey run in loss of, say, $17 or $29, (which would be a rough equivalent of N8,500 or N14,500) I go still dey inside hoping it will come back in profit.

Bye bye to 'Yeye' trading. Netvaluefx, sorry, I no care if dwindling Naira's value go affect my profit. As long as the Blue Pips are gathered, it will mean money in d end. Money na money

I feel you bro .... Las las na profit we dey find..

pickatyoubackup:
I kinda agree with you, bull and bears go range for that side. Na scalpers fit utilize the market.

Yes boss

jsheng:
Exactly what I saw before aiming for a buy trade... I cant sell around that zone even if it goes lower.... Buy! buy!! buy!! is my goal

You see that previous low price...price go reach there come rain or sunshine before any buy will happen....even if buy wants to happen not until next week towards this month closing price boss.

My 0.5 cents.

NetValueFX:
You and I knows that Naira falls on a regular.
Ok, take for instance, I made deposit last year @the rate of 370/$. Currently, if I have not traded my money has matched up with inflation. I have made withdrawals at 520, 550, and the last was 560 for an account I funded with 370 and 420 respectively. This means the rising cost of items in the market doesn't bother me because part of my income comes from dollar which rises in value as inflation increases.
If you make 100k in naira when dollar was 450 and withdraw it now that it is 575 it means you have
Lost money because that 100k has lost purchasing power. It can't buy what it could previously.

Now i get boss...so basically na for traders wey want to hold for a long period of time.... because for short term traders deposit & withdraw within a month or two.. I don't see the need fo purchase dollar at #570 now & sell around #530... Spread of #40 per dollar boss... Na loss be that...

and true talk boss i get the concept of purchasing power & inflation too. I get that $ against naira is bullish at the moment but as all Markets get bull & bear trend...i know say at some point naira will gain some value back...& Market go dun trap some buyers for high price because bullish trend also ends..

NetValueFX:
You are putting yourself at a disadvantage trading a naira account. The more Naira falls the more your already made profit loses value.
Meanwhile, how far with your challenge?

Ok boss...pls explain... Imagine if i deposit #100,000 @ 1$=#550....i withdraw @ 1$= #520.....i automatically don lose money. Just by deposit in dollars...of which i have to make up with my profit... But now #100,000 is #100,000 come rain, come sunshine.. but please shed more light on "already made profit loses value"

samfelly:
Still on the NAIRA CURRENCY ACCOUNT issue. I think I will fund my own Naira Currency Account. I dey fall in love with how the Profits Loud in Naira o

I believe the Naira value in view go make me dey edgy and quick to cut my losses, when in one.

And Risk Management will take on a whole new meaning now, I guess

Boss see doings....i swear naira account dey give me ginger too. Honestly the Risk management go hit well in NGN...

CopyJoe:
Na equity never make me trade gold.

I love that asset. It respects structure.

I swear boss...i come even dey think maybe if i just open a separate account 1:1 leverage buy gold 0.01 lot size leave am for like 6 months...on maybe a $100 + account.

pickatyoubackup:
In my opinion from technical analysis and price action gbpusd is a sell.

I don take the other side of the trade .....make boss transfer the money give me....

CopyJoe:
From -40 pips to this.

Life of a swing trader.

Battle of the pips...

samfelly:
I get the drift now. All things being equal, I am stuck to Exness

About d leverage . I wan use the leverage to my advantage o. The blue highlight, I planned on doing that, one day, after I don learn SNIPER ENTRY, mbok . 50 big sha, 1 or 5 LS wit $100 account would do

that 5 lot size go bang hard boss....2 pips na $1000....in few minutes.

CopyJoe:


May the pips forever be in our favour.


I will review my trades by 10 pm.

Boss no close that trade o....we close at the same time... after all fo.r.e.x na zero sum game

May the pips be in our favour boss...

successsam121:
That '3' above the profit figure indicates that it is last 3 months record. Some of us here use MT4 mobile app to analyse and trade, so they can attest to it.

But still require better explanation from the boss @Gabsonfx, sir.
Just a humble learner

Bros...that account could be one day old....

CopyJoe:
My entry as I started before is the only issh... With my trade. My system says they should.

Alright boss....let me go tk the other side of your trade...one of us lose...one of us go win...

successsam121:
If I am seeing correctly sir, that account you uploaded is a 3 month trading record as I indicated/highlighted with a pink-coloured below.

You deposited 15000 and made a profit of 350.11 and having a balance of 15350.11. By my simple arithmetics and understanding, you only made a 2.33% profit in 3 months or may be I am mission it something somewhere

And u woke up your wife that? I would be glad if u unravel the mystery

No offence please, my oga. I am just a humble learner, sir

Haba... That doesn't mean the account is 3 months old now boss....what if na new account wey he just open today....

CopyJoe:
Everywhere stew

Boss time never reach to buy eur and gbp against dollar.....at least from wetin i dey see from my shats.

successsam121:
If I am seeing correctly sir, that account you uploaded is a 3 month trading record as I indicated/highlighted with a pink-coloured below.

You deposited 15000 and made a profit of 350.11 and having a balance of 15350.11. By my simple arithmetics, you only made a {b}2.33% profit in 3 months{/b}.

And u woke up your wife that?

No offence please, my oga. I am just a humble learner, sir

You wan dey tackle our celebrity trader for here? Who you be?

pickatyoubackup:
Which broker dey give that kind leverage.

Exness o boss. Dem say na 1: unlimited....

samfelly:
No, bro, it is there (see attached)

CC: VlamesIffect

Yeah bro. I don even dey think another thing.....but he be like say wetin copyjoe dey talk be say if you look somewhere in the dash board the primary currency for you account na still in dollars...unlike for hf markets wey your primary currency fit be USD EUR or NGN... different from your trading account currency...so if you deposit in naira na naira go dey dere no conversion...

But boss your leverage of 1:30000 you wan open 50 lot size on $100 account boss...you dey vex ooo...

So many valuable lessons from these men....

No worry. Una go get 2nd chance...no phuck am up this time...

Bless.