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Events / Re: Small, Physically Challenged Man Marries Pretty Lady. White Wedding Pics Trend by Jalive: 3:06pm On Dec 02, 2017 |
Ha ha....
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Investment / Re: 10 Tips Every Forex Newbie Needs To Know by Jalive: 9:33am On Dec 01, 2017 |
Adekazbaba, stop spamming this thread. Go and create your own thread, don't derail this one |
Investment / Re: 10 Tips Every Forex Newbie Needs To Know by Jalive: 5:05pm On Nov 30, 2017 |
Free forex strategy that generates hundreds of pips weekly http://naijaforexforum.com/viewtopic.php?f=7&t=58&sid=73de79f9308e19a54af3f02f96e504da |
Education / Re: Sights From The University Of Ilorin by Jalive: 7:36am On Nov 29, 2017 |
Lovely sight |
Business / Re: Nse Trading Resumes On Negative Trend, Index Drops By 0.31% by Jalive: 7:55am On Nov 28, 2017 |
This is really serious |
Business / Re: What To Do To Make Money Online? by Jalive: 12:07am On Nov 28, 2017 |
Join a community of currency traders to learn Forex, Binary and Cryptocurrency @ www.naijaforexforum.com |
Business / Re: What Can I Do To Make Money With Constant Electricity And Laptop by Jalive: 12:05am On Nov 28, 2017 |
oloyemeji: Join a community of currency traders to learn Forex, Binary and Cryptocurrency @ www.naijaforexforum.com |
Investment / Re: Binary Options Best Investment Team by Jalive: 6:48pm On Nov 24, 2017 |
Great thread |
Investment / Re: 10 Tips Every Forex Newbie Needs To Know by Jalive: 1:46pm On Nov 24, 2017 |
TGIF
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Business / Re: Forex Trade Alerts Season 17 by Jalive: 1:43pm On Nov 24, 2017 |
TGIF
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Investment / Re: 10 Tips Every Forex Newbie Needs To Know by Jalive: 10:26am On Nov 23, 2017 |
tabtabtab: Its good to know you like the post. I can assist you to get started for free Lets chat on whatsapp here 09058567855 |
Investment / 10 Tips Every Forex Newbie Needs To Know by Jalive: 7:01pm On Nov 21, 2017 |
Yes, the first thought of trading forex gave you goosebumps and with your mind racing you imagined that in the next couple of months you'll be making way over your current income :lol: . Waoh, am sorry to disappoint you that it doesn't work like that. If it were that possible, every forex trader would be comfortable millionaires by now, vacationing in some exotic place or better still retired at 35 and enjoying all they have made trading. Am I trying to discourage you? Emphatically NO! Am only trying to tell you the truth because marketers over the years have hyped the business such that every newbie thinks forex is the way out of their financial struggles. Am I implying you may not make a good income in forex? No! Am just trying to prepare your mind because as you begin to trade, you will discover that it is not as easy as you were told. That aside, there is truly a lot of money to be made trading Forex. With over 5Trillion USD traded daily, forex remains the most capitalised industry on the planet. (I think I sound encouraging for once :lol: ) Please note the following points cos they will help as you learn to trade: 1. To be a successful trader, you need to manage your emotions. I mean greed and fear 2. Start trading with a demo account but after a while, graduate to a live account. Truth is while trading demo accunt, everything will seem to go your way(or so it seems) but once you switch to a live account, you start having losing trades. Well, if you have experienced this, you are not alone. The reason is that demo trading is not the best way to learn to trade. This is because your emotion is not involved. You know it is not real money, so even when you see a trade going against you, you are not disturbed. However, trouble starts when you start live trading and you carry calculator to get the Naira equivalent of -50pips, then your eyes turn red cos you are seeing over N15,000 in negative. It is better to start trading a Cent account first when you go live. This way, you are not staking so much money. Open a Cent/Micro account between $100-$200 and trade 0.01 lot or better still, you can open a Naira account. With a Naira account, you can easily evaluate your trade. 3. All forex traders lose trades. The truth is that a large percentage of traders lose trades. However, to be a profitable trader, your winning trades should be more than your losing trades. So for example if you lose 4 out of 10 trades, smile , you are still a profitable trader. 4. Have a trading plan Don't just place trades without a plan. That is gambling. Have a strategy that works and stick with it. With your strategy, you must be able to identify entry and exit points. 5. Forex trading is a business Treat trading as a busines. See yourself as a CEO each time you are placing trade. I once heared of a highly successful trader who trades from home but each morning when he wants to trade, he resumes at his table by 8am wearing a suit with tie , yes, to him, he is a CEO. You realy don't have to do that but in your mind, treat forex as a serious business. 6. Forex is not a get-rich-quick scheme This is as simple as stated. Keep the get-rich-quick thing out of your mind. Though with diligence, over time you will make money 7. Do not invest what you cannot afford to lose Never trade forex with your retirement benefit, house rent, school fees. Never take a loan to trade forex with the hope that you will make the money back. A word is enough for the wise 8. Be ready to read wide. Forex trading is broad, to succeed, you need to read wide. Truth is you may spend countless hours in study before you find your feet 9. Join a community of forex traders It is eaasier to succeed in this business when you are in a community with other traders. You can rub minds together, share ideas and tips which will help you become a better trader. I believe that is one of the reasons why you are here in the first place. 10. Never give up Per adventure you have failed before, as in probably you have blown accounts and stopped trading, don't give up. Nurse your wounds, learn where you made mistakes, study more, practice more and get back. That's all for now. For more, please check my signature link below |
Business / Re: Forex Trade Alerts Season 17 by Jalive: 12:57am On Sep 26, 2017 |
CADCHF FORECAST, 26TH SEPTEMBER 2017
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Business / Re: Forex Trading Alerts - Season 16 by Jalive: 6:17am On Nov 03, 2016 |
SELL EURJPY now @ 114.186 TP1: 113.538 TP2: 111.991 SL: 115.661 For free signal, mentorship join us on Telegram: https:///joinchat/DpG2FAopiN3lH0xleK4Z7Q |
Business / Re: Forex Trading Alerts - Season 16 by Jalive: 5:07pm On Nov 02, 2016 |
Bolutumiii: You can join my Telegram Signal group here https:///joinchat/DpG2FAopiN3lH0xleK4Z7Q 1 Like |
Business / Re: Forex Trading Alerts - Season 16 by Jalive: 12:21pm On Nov 02, 2016 |
With the right strategy, its possible to make consistent profit in forex
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Business / Re: BREAKING | Ghanaian President Confers Ghana’s Highest Honour On Adenuga by Jalive: 11:04pm On Oct 29, 2016 |
Waoh that's a big honour. Hard work with the right business pays 15 Likes |
Webmasters / Re: Which Forum Script Do You Think Is The Best??? by Jalive: 9:09am On Sep 06, 2016 |
Please guys, I need your thoughts. Do forums still attract traffic? |
Investment / Re: Business Proposals For Available Investor by Jalive: 8:15am On Aug 03, 2016 |
bobogee007: Hi. My whatsapp is 090585678555 Kindly ping. Thanks |
Business / Re: Forex Trading Alerts - Season 16 by Jalive: 9:40am On Jul 22, 2016 |
Hello traders. I need your honest opinion by virtue of experience in dealing with Alpari and Forex Time Which is of these brokers has: 1.Better presence here in Nigeria 2.Fast withdrawal 3.Prompt support 4.Better PAMM Service Please note that I'm making this post simply to be better informed as your input will help me make some decisions. Thanks |
Business / Re: My Forex Swing Trade Setups by Jalive: 9:57am On May 04, 2016 |
Bearish Setup on GBPUSD and AUDUSD EURCAD update: Over 230pips locked in profit
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Business / Re: My Forex Swing Trade Setups by Jalive: 9:51am On May 04, 2016 |
Bearish Setup on GBPUSD |
Business / Re: My Forex Swing Trade Setups by Jalive: 7:01pm On May 02, 2016 |
EURCAD update, over 100pips in profit
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Business / Re: My Forex Swing Trade Setups by Jalive: 6:56pm On Apr 29, 2016 |
EURGBP and EURCAD are having a Bullish Setup |
Investment Ads / Strictly For Those Making Losses In Forex by Jalive: 10:07am On Apr 29, 2016 |
If you have been making losses and not been profitable in forex, then this is for you. We would like to know where you are having difficulty and how we can assist you to profitability. You can drop your email here or send a mail to support@havilahfx.com We would like to hear from you. Thanks www.HavilahFX.com |
Business / Re: My Forex Swing Trade Setups by Jalive: 8:38am On Apr 29, 2016 |
There is a Bearish Setup on EURCHF
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