Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,189,259 members, 7,936,833 topics. Date: Sunday, 01 September 2024 at 01:53 AM

Edujoy's Posts

Nairaland Forum / Edujoy's Profile / Edujoy's Posts

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (of 13 pages)

Business / Forex Robots And Why They Don't Work by edujoy(m): 6:33pm On Feb 23, 2022
I have been trading the forex market for over 16 years and in all my years as a trader I have witnessed several arguments about the effectiveness of forex robots (expert advisors). Many quarters argue that manual trading is the best while the others believe that Expert advisors (robots) don't work.

My first concern as a forex trader was to learn how to trade consistently. I learnt by trying so many things to see the ones that had positive expectancy. It did not help that back in those days there were very few websites to learn from.

Many years passed and I have been able to learn how to make consistent profit. I have also learnt that "the fastest way to success is slowly". This is arguable but history is clear on this. In the future things may change but going by past events, the fastest way to success is slowly.

When I learnt how to trade the forex markets and started becoming consistently profitable, I became very lazy, more so as I was trading on the H4 timeframe. My profit margins were small but very consistent but as a result of boredom I decided to try automated trading.

I am still unable to properly express my trading strategy in codes but I have tried several times.
I have spent thousands of dollars buying several robots (expert advisors) that did not work. I created a particular robot but after testing the EA with the MT4 strategy tester, I did not have the motivation to try it in a live account.

Recently, I stumbled on an argument online. a group of seasoned forex traders with many years experience were debating the reasons why , several forex robots work well while backtesting but flop in real time trading.

Here are some of the points I picked from the discussion:

1. When backtesting, the backtester(MT4) does not consider floating spreads. It is possible to even choose a fixed spread for testing. During overnight swaps, the spreads widen in real time but goes unrecognized in backtesting. This happens during news events too. This makes the real time result very different from the back test result.

2. Asides the MT5 new python features that can enable machine learning (artificial intelligence ) models to be integrated to EA's, the conventional EA's do not adapt to new or changing market conditions. The regular EA's usually focus on technical setups and are helpless during drastic market changes.

3.The bulk of the EA's that do well in backtest but flop in real time are either scalping , martingale or grid based trading strategies. These trading methods are difficult to manage during spikes and when an EA is built based on any of these strategies , it will most likely not do well in real time.


I finally had the courage to test an EA I built but did not bother to test because I was convinced that it would flop. Unsurprisingly, after a few tweaks, the result in real time is interesting. I figured this is because it is not based on any of the dangerous trading strategies that dominate the MT4 forex EA space.

Test this DEMO and let me know what you think: https://www.mql5.com/en/market/product/77937
Business / Copyvest Launches Quicklist.ng, A Peer-to-peer E-commerce Marketplace by edujoy(m): 11:47pm On Dec 22, 2021
Copyvest has officially announced the launch of ‘Quicklist.ng’, an innovative peer to peer e-commerce marketplace platform that connects buyers and sellers nationwide in a transparent and easy way.

At the product launch on December 18th, 2021, the company stated that the product was designed to challenge the supply-demand gap that was brought about by the COVID-19 pandemic and also bridge the gap between advertisers and their target audience.

While sharing insight on the company’s new product, the Chief Executive Officer, Copyvest, Chinedu Onuoha expressed enthusiasm at the product saying that it will provide solutions that will drive innovation by offering a wider range of products and services which are currently not available on other marketplace platforms and enable sellers to sell faster.

He said: “Quicklist is a technology platform that connects sellers and consumers through a suite of scalable marketing solutions.

“Online buying and selling has become an important part of people’s lives. It has become more popular in Nigeria especially after the onset of the pandemic but there is still a wide supply demand gap in the country. We have a good understanding of the e-commerce landscape in Nigeria and we acknowledge the need for a solution like Quicklist.ng.

“Similarly, retail consumers have a right to a wide variety of products at an affordable price when it comes to shopping. It is this variety, among other increasing preferences of the consumers that Quicklist is stepping forward with its value proposition.

“We are highly customer-centric and committed to finding innovative ways of improving our customers’ shopping experiences. Quicklist is not only an e-commerce platform, it is a place of variety, simplicity and convenience.”

Deborah Folorunso, the company’s Marketing Manager further explained how the new product works.

According to her, “Quicklist is designed to sell a wide variety of products. The platform makes provision for business to business, business to consumer, and consumer to consumer operations.

“We have created a marketplace where sellers are well equipped to showcase their products. Our platform brings customers directly to sellers where buyers can search details of the products or services they are looking for, with specific further details such as their location, quantity and level of urgency.

“We offer an avenue for a wider range of products that are available online. Over 60 industry categories are available on Quicklist, ranging from agricultural products to real estate, gadgets, jobs, home appliances and lots more which are currently not available on other ecommerce platforms.

“An exciting offering from Quicklist is that buyers can find service providers from various industry categories such as; legal services, Financial and Legal services, catering services, travel services, consultants and lots more.

Speaking further, Folorunso revealed that the e-commerce platform also offers various benefits to sellers on different packages.

“We offer 5 free listings per month, and our executive listing is very affordable. We also use artificial intelligence technologies to take buyers who are interested in specific products directly to sellers,” she added.

“We have invested in building trust between all parties involved. We have a correct and detailed product descriptions and clear terms and conditions.”

Since inception, Copyvest has been actively expanding its platform capabilities through financial services to individuals and businesses, adding new services to power new ways to facilitate growth in Nigeria’s e-commerce sector while enhancing customer experience and infusing trust across its business platforms.

Source: https://www.vanguardngr.com/2021/12/copyvest-launches-quicklist-ng-a-peer-to-peer-e-commerce-marketplace-connecting-buyers-and-sellers-nationwide/

Jobs/Vacancies / Urgent Vacancies by edujoy(m): 12:31pm On Nov 24, 2021
The following positions are open for suitably qualified candidates:

1. Digital marketer/ Content creator- Salary from N150,000
2. Marketers (50)- Salary from N50,000 plus commissions
3.Customer Service Executive- Salary from N50,000

Office location - Ikeja, Lagos State.


Interested candidates should forward their CV's to chinedu@quicklist.ng before 9th December, 2021
Business / DT4X Instant Forex Account Funding to Every Professional Trader by edujoy(m): 2:02pm On Sep 06, 2021
DT4X Instant Forex Account Funding to Every Professional Trader

A thorough study into the Forex market revealed that good traders never make good money from the market due to poor funding. In other words, underfunding is one of the major problems professional traders face globally.
Professional Forex traders have the technical and fundamental skills. And they are expected to profit from the market regularly.
But they lack the fund to withstand the drawdown associated with forex trading. That is why they are always edged out of the market prematurely.
To make sure that hard work is rewarded in the trading world DT4x came up with an exceptional forex funding scheme. According to DT4X, every professional trader deserves to be rich.
DT4X is a project designed for professional traders around the globe to tap in and get funds for trading. DT4X was registered in Scotland, United Kingdom, having the registration number SC597488.
The company’s motto “by traders, for traders,” shows that every good trader around the globe can be part of the project.
Interestingly, traders do not need to undergo special examinations and verification to join.
All it takes to be part of this project is a one-time registration fee. That grants traders access to a live trading account with the broker of their choice.
Every interested trader has the option to select from 3 different trading accounts. The basic account is funded to the tune of $10,000, which a trader can unlock with a commitment fee of $275.
The advanced account houses $25,000 and can be fully accessed with a commitment fee of $375. While the pro account is funded up to $50,000 and can be unlocked for a trader that makes a commitment fee of $575
It is no joke that DT4X raises a trader trading fund to the tune of 1.2 million dollars based on performance. A trader with exceptional trading performance will always enjoy a fund rise.
What do traders stand to enjoy in this partnership? Every successful trader stands to make 60% of the profit monthly.
As a rule of thumb, a trader is expected to make at least 5% of the total sum in the account. Then 60% of the profit goes to the trader without any hidden charges. DT4X pays out on the 25th of every month.
To make sure that no trader trades under pressure, DT4X gives every trader the free will to play the market with no maximum daily loss. Also, no monthly cost or hidden fees is imposed on the traders.
Above all, every trader that partners with DT4X have free access to a premium education dashboard and custom Forex chart analysis. This is to ensure that professional traders smile to the bank monthly.
Interestingly, no restriction on the currency pair one can trade on. Meaning that traders can trade all pairs excluding cryptocurrencies, stocks, indices, and energies.
Also, traders have the right to change a broker if things aren’t moving as expected with their present broker.
Traders can deploy an Expert Advisor that has a track record of performing greatly over time. But, such EA must be submitted to DT4X for scrutiny and confirmation.
All these freehand are not without some restrictions. Though the restrictions are not deal-breaker, for instance, no trader is allowed to open 5 different positions without stop loss.
No trading account is expected to go beyond 5% down or loss, meaning that traders should pay clear attention to risk management.
Finally, traders must trade within stipulated leverage of 1:10. Though there is room for increase as traders’ performance remains encouraging.
About Us
DT4X is a proprietary trading firm for beginners, intermediate and pro traders. The company registered in the United Kingdom under the company number SC597488.
Dt4x remains the best among equal because no stringent requirements on the side of the traders. Also, no monthly maintenance charges placed on the traders.
All payment are done on the 25th of every month through PayPal, and bank transfer. Testimonies from traders around the globe speak volume of how reliable the system is.
Click here the link below to have access to our system of $50,000 now: https://dt4xtrader.com/?ref=1444
Business / Trader Funding Program: Instant Funding, No Evaluation by edujoy(m): 2:46pm On Aug 29, 2021
DT4X Trader over instant funding up to $50,000 and can be scaled up to $1.24. No evaluation. 60:40 profit sharing (60 to trader). Few restrictions on trading style. You can hold positions over night and even on weekends. Leverage is 1:10. maximum drawdown is 5%. Target before profit sharing is 5% (if you don't reach this in a month it can be rolled over to the next month). No monthly subscription fee only a one of fee.

This is every good traders dream of trading good money for a living.

Are you up to the challenge? Register through the link below:

https://dt4xtrader.com/?ref=1444


https://www.youtube.com/watch?v=2BxS0NR4Jd8
Travel / Re: Air Peace Should Be Calming Down by edujoy(m): 5:18pm On Nov 14, 2020
Kosoco:
Yeye you have woken up... What’s the aftermath of your waken up... You could have traveled by road if you think you have liberated Nigeria with your Protest.....

Frustrated SARS spotted.

5 Likes

Travel / Air Peace Should Be Calming Down by edujoy(m): 5:03pm On Nov 14, 2020
I had a gig in Calabar so I asked my agent to book a flight for 2 to Calabar from Lagos. I deliberately asked my agent to book a morning flight to
have enough time to inspect some offices and attend a meeting scheduled for 3 pm. Sadly the flight was moved to 1:30 pm from 10am. To be fair to them, they gave us about 24 hours notice. We still got to the airport and was further delayed for over an hour and we eventually got to Calabar in the evening. That did not pain me so much because I had enough time to reschedule some of my meetings.

So we landed in Calabar and after my meetings (which had to be shifted to the next day) I had an idea of how long I was supposed to stay in Calabar so I called my agent again to book my return ticket. Again, Air peace. less than 2 days to my departure, these guys sent the following SMS:

Dear Esteemed Passenger, please be informed that flight 7181, CALABAR to LAGOS for 15th November, 2020, WILL NO LONGER OPERATE due to operational reasons. Air Peace regrets all inconveniences caused. For enquiries, please call (I cannot com and be advertising for idiots) or E-mail: call center (......). Thank you for choosing Air Peace.

I was waiting to get a reschedule sms to no avail so I decided to visit them at the airport. I met a guy (I am sure he feels he has made it in life) and to even answer me was ..........thats a story for another day. They told me to apply for a refund and that it will take 21 working days.

I nearly snapped but had to keep myself together. the annoying part is that I am not sure Air Peace staff are trained to handle clients. Instead of apologizing this dude told me to book Ibom Air that the next flight will be on the 21st except I am willing to wait until the 21st of November...........I am pissed right now because I had to to spend more than 4 times the regular cost to book Ibom air because the only available seats were business class.

Someone should tell Air peace to be calming down. they should not forget that we have woken up in this country (let them ask SARS ooo)

Let them also ask Aero contractor too.

My ink has finished.


We need an active consumer protection agency in this country.

4 Likes

Business / Forex Trading Made Easy For Beginners by edujoy(m): 12:34pm On Jan 16, 2019
Hi guys,
Download this free e-book and learn how to win consistently in forex trading;
https://www.dropbox.com/s/vqv6s1odd510ddg/Forex%20trading%20made%20too%20easy.pdf?dl=0
Education / If You Are(were) A Student Which Of These Books Would You Like To Read? by edujoy(m): 4:00pm On Oct 22, 2018
1. After school whats next?

2. The place of money skills

3. The student entrepreneur

4. Life after school.
Family / Re: IKDC/PHCN Inventory Calculation by edujoy(m): 5:10pm On Aug 29, 2018
NoToPile:
As far as I am concerned that inventory whatever is rubbish.

Do you run those appliances for 24 hours wait first is there light for 24 hours.

There's a way they calculate it to get kw/h the problem I have is that most they calculate based on your appliances being on24/7 and that you are being supplied light for 24hrs.


We have light for about 10 to 12hours daily at best.

But even @ 24/7, the bill cant be that high
Family / Re: IKDC/PHCN Inventory Calculation by edujoy(m): 5:06pm On Aug 29, 2018
Evangkatsoulis:
How much per kilowatt-hour?


About N14.5 for IKDC as at 2017
Family / IKDC/PHCN Inventory Calculation by edujoy(m): 12:59pm On Aug 29, 2018
Those work with NEPA/ PHCN or whatever you are now called please gather oooo. I was paying about N2k monthly for a while for my small apartment (3 BR Flat) and all of a sudden the bills went up gradually until it hit N7200 per month (Please note that I do not run a factory in my apartment, its just residential) . I wrote a petition contesting the bills and finally today they sent a marketer for inventory. The result = 3.4 KW (3400 W) for all my electrical appliances. My question is, if power is uninterrupted for a month (this is only a wish that I hope will soon happen), how much will I be paying monthly? I need to do something about this IKDC. Biko let the calculations begin.
Business / Re: Forex Trade Alerts: Season 18 by edujoy(m): 4:21am On Aug 17, 2018
FREE whatsapp signals loading.................

https://www.mql5.com/en/signals/361611

1 Like

Business / Re: Forex Trade Alerts: Season 18 by edujoy(m): 7:04am On Jun 01, 2018
Politics / Re: PVC Hoarding In Lagos- My Observations by edujoy(m): 2:10pm On May 15, 2018
pedrilo:
Move this now to the front page.
Lets start asking questions NOW!

Lol. I wish. Na dem dem. we know they work for them
Business / Re: Success Stories Of Nigerian Forex Traders by edujoy(m): 10:03am On Apr 16, 2018
forreelinc:
Y do they look hungry?

Your Opinion
Business / Success Stories Of Nigerian Forex Traders by edujoy(m): 7:54am On Apr 16, 2018
This story was published by the Nation below is a link to the online version:
http://thenationonlineng.net/success-stories-of-nigerian-forex-traders/


I decided to react to this publication ( although it has been a while since the story was published) due to some recent events.
Someone recently drew my attention to this article insisting that there are no successful forex traders in Nigeria. I sent him my real time results (see link below)as proof that there are consistent traders but I am not sure what his criteria for successful trading means):
https://www.mql5.com/en/signals/361611 (This signal account is for performance monitoring purposes only the fee is very high to discourage subscription)

I sent the performance to douse his curiosity(especially because my name was mentioned in the article -Chinedu Onuoha). I am very certain that a lot of people also share this idea that there are no successful forex traders in Nigeria. I have worked with 4 forex brokers and I can categorically tell you that there are quite a hand full of consistent forex traders in Nigeria.

It is very sad that majority of the people that get involved in the forex business end up losing their money but I will explain the major reasons why this happens below:

1. Leverage and Margin - Trading on margin seems like a fast way to make quick profit however, this gives birth to greed as a result of margin abuse. Research has shown that high leverage contributes largely to the number of capital losses prevalent with margin trading. Without margin, trading forex and cfds will be like every other business. It is therefore not surprising that CFTC (commodities and futures trading commission of the US) made it compulsory for all brokers in the US to offer a maximum leverage of 1:50. Statistics have shown that since the CFTC rule was set in 2010, more retail traders are now profitable.A proper understanding of leverage and margin is very important if any trader is to be successful in the business for the long term.

2. Half baked education- This is another major mistake many traders make. When a trader is trained by someone who cannot hold an account for more than 3 months consistently, you don't expect the trader to be consistent. You cannot learn how to drive in a driving school where the teacher cannot drive. Next time you want to learn any business, please make sure you approach someone with a proven track record in the business. Many forex trainers do not have performance history of even 3 months. Forget all the sweet talk, proof is everything.

3. Pressure - In my over 12 years trading career, I have seen very good traders who lost all their money over and over as a result of pressure from bills. If you put the weight of your bills on your small trading account, it is bound to crash. The best traders in the world make an average of 3% monthly ROI. They have large funds and its almost effortless. Forex trading is not a get rich quick scheme so quit the gambling if you must be consistent.


I left my job as a general manager of a forex brokerage firm to go into full time forex trading, forex account management and coaching. I would not do that if I was not convinced that this industry is very profitable.

My personal slogan is "Slow is smooth and smooth is fast". The fastest way to success is slowly.

Foreign Affairs / Re: Trump Orders Strike On Syria In Response To Alleged Chemical Attack by edujoy(m): 8:17am On Apr 14, 2018
Please who gave the US the power to police the world?
Adverts / Forex Account Management Service by edujoy(m): 9:21am On Jan 15, 2018
The pre launch performance has been good and it can only be God. In 12 days we made 12%.

At first when I got the inspiration for this my latest method, I felt it was too good to be true, the backtest and demo performance was wonderful but I knew people will not take me serious with backtest and demo so I decided to Launch it on a Life account.

https://www.mql5.com/en/signals/361611

Join me lets build wealth together.

#Financialinteligence
#Forex
#Forexaccountmanager
#consistentprofits
#Makemoney
#Forextrading
#forexbrokers
Business / Re: How Much Can You Actually Make Monthly On Forex? by edujoy(m): 8:54am On Jan 15, 2018
Nice.
Jobs/Vacancies / 2 Mql4 Programmers Needed For Urgent Employment by edujoy(m): 8:20pm On Dec 19, 2017
The services of 2 MQL4 programmers is needed urgently for immediate employment by a new account management firm launching its head office in Lagos on the 15th of January, 2018.

Remuneration - Very attractive (From $800)

Knowledge of IQfeed - MT4 integration will be an added advantage.

Interested candidates should forward their CV's to - Profedu2001@gmail.com before Friday, 5th January, 2018.
Business / Re: Forex Trade Alerts Season 17 by edujoy(m): 6:52am On Dec 07, 2017
I stumbled on this EA, I already got it though not yet working as promised but they have agreed to set it up for a fee the result is crazy ( not yet on my account, but I will update my own account soon).

Dont get me wrong, I love easy trading and I am also getting mine ready but this caught my attention.

I am hoping this works : No indicators, uses IQ feeds to initiate trades. Looks a little like latency arbitrage but I am not sure it is exactly

Business / Re: How I Made Money By Accident On Youtube by edujoy(m): 6:40am On Dec 07, 2017
billpete89:
Am in

Sorry I saw this late

Let me know what videos you can create
Business / Re: How I Made Money By Accident On Youtube by edujoy(m): 3:33pm On Nov 30, 2017
cooldude62:

Why ignoring this question?

Here is another:


https://www.youtube.com/watch?v=JwT2zqPqWU0


High probability trading in 3 easy steps
Business / Re: Forex Trade Alerts Season 17 by edujoy(m): 2:40pm On Nov 28, 2017
High probability trading in 3 easy steps:



https://www.youtube.com/watch?v=JwT2zqPqWU0
Business / Re: How I Made Money By Accident On Youtube by edujoy(m): 8:13am On Nov 10, 2017
ojulari131:
pls im interested sir... kindly send me ur contact...thanks

Great. Check my signature
Business / Re: How I Made Money By Accident On Youtube by edujoy(m): 1:15pm On Nov 09, 2017
Who is with me? I think video blogging is one of the ways to make money online with almost no capital needed.

Get in touch, lets partner

1 Like

Business / How I Made Money By Accident On Youtube by edujoy(m): 9:55am On Nov 09, 2017
I have this software I have been selling online for some years now so I decided to create a video on YouTube to enhance the sales of my software. At first the sales were not as I expected. I read all there was to read about traffic but most of them were (and are still) trash. I made up my mind to understand how YouTube traffic works and just when I was about to give up, my views jumped ( so did my sales).


Now to the main gist. When my views got to 10,000, I got a message from Youtube asking me to join the YouTube partner program. At first, I did not really take it serious until I got to 50,000 Youtube views. My wife suggested I join the partner program since I will not be paying money to join. I did and attached is the payment so far (even with very limited videos and an unpopular niche).

I started looking at this payment history and a business idea started growing in me. I still make sales from my software and I also still make money from YouTube (though small because I have a few videos). I started following people like PEWDIEPIE who make millions of dollars annually vlogging ( I realized it is so called). I know I can do this but my challenge is the content.

So I am making an offer: If you have educational videos, entertainment videos, interesting videos etc and you can generate these videos from time to time, contact me so we can partner as I have mastered how to drive massive traffic to Youtube videos.


Alternatively, I can train anyone who owns ( or have access to) original quality content in exchange for a quantity of content ( If you don't have content, you are on your own)

Business / How I intend To Make $100000 From a $200 forex account by edujoy(m): 8:23pm On Dec 18, 2015
I am sure a lot of people are tired of all the lies of so called forex traders who have no result to show for their noise making.

I have decided to create a transparent way for everyone to monitor my performance realtime.

I will attempt to raise $200 to over $100000 in 12 months from January 2016 (using a very simple strategy:
https://www.youtube.com/watch?v=S5k8XRmjRC0 )

so bookmark the link below to monitor my performance realtime.

https://www.mql5.com/en/signals/151197
Adverts / High Probability Forex Trading Strategy With Almost 100% Accuracy(precise Entry by edujoy(m): 9:24am On Dec 12, 2015
High probability forex trading strategy with almost 100% accuracy(precise entry and exit) - see link below for video


https://www.youtube.com/watch?v=S5k8XRmjRC0
Adverts / Re: Buy And Sell Webmoney, Perfect Money, Payza, Paga In Nigeria by edujoy(m): 10:25am On Sep 26, 2015
Where can I Sell bulk Webmoney ( upto $50,000 +)?

(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (of 13 pages)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 86
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.