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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts: Season 22 (375629 Views)
Forex Trade Alerts: Season 23 / Forex Trade Alerts: Season 21 / Forex Trade Alerts: Season 20 (2) (3) (4)
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Re: Forex Trade Alerts: Season 22 by infofirst(m): 6:15pm On Jan 08, 2022 |
Riverrun: You have a point. Will look into it 5 Likes |
Re: Forex Trade Alerts: Season 22 by Piptocoin: 6:20pm On Jan 08, 2022 |
Re: Forex Trade Alerts: Season 22 by samfelly: 6:22pm On Jan 08, 2022 |
Donsheddy: Exactly. Abham, tag along. 2 Likes |
Re: Forex Trade Alerts: Season 22 by samfelly: 6:32pm On Jan 08, 2022 |
Gasive: Na Bollinger Band with Fib. retracment tool I dey use, while RSI assists. And I come slap am with few MAs |
Re: Forex Trade Alerts: Season 22 by samfelly: 6:56pm On Jan 08, 2022 |
infofirst: At bold is what Gabsonfx would term I Chop, You Chop, and We all Chop and that is a very fair business, in d long run, boss - we rise by lifting others! The green highlight. I am still of the opinion, just as Gasive that the last winner will not be joining subsequent contest as long as he came out as the winner, he should do fine afterwards, only except he couldn't handle the Real Deal (Paid Prop Firm account). 2 Likes 1 Share |
Re: Forex Trade Alerts: Season 22 by samfelly: 7:03pm On Jan 08, 2022 |
Sammyklever: Open a 10k ftmo free trial account at www.ftmo.com and have the account published on www.fxblue.com |
Re: Forex Trade Alerts: Season 22 by Gasive: 7:04pm On Jan 08, 2022 |
samfelly: With this combo bro, only God knows what your chart will look like. |
Re: Forex Trade Alerts: Season 22 by exmaysn12000: 7:12pm On Jan 08, 2022 |
infofirst: Fxblue have all the needed parameters, it only requires settings from d host. Daily DD, Maximum DD all can be set. This way, the competition will run its full course of 1 month. Ftmo 2weeks trial not good at all. Suggestion is for d next competition since this one is fix already. 2 Likes |
Re: Forex Trade Alerts: Season 22 by abham: 7:27pm On Jan 08, 2022 |
That’s true. Though I have an account I’m currently trading and trying to build an edge. I really don’t see the need going into a competition without having an edge at the moment. The year just commenced and I hope there will be subsequent competitions, and even if there isn’t, growth is still paramount. Donsheddy: |
Re: Forex Trade Alerts: Season 22 by femora007(m): 7:49pm On Jan 08, 2022 |
GabsonFX:Welcome home and stay safe |
Re: Forex Trade Alerts: Season 22 by Riverrun: 7:59pm On Jan 08, 2022 |
Gasive: I believe this here should be a very viable solution to the current situation. For concern as regards the daily drawdown rule, I think all drawdown should be capped at 5% max (not equity drawdown) and equity draw down should be removed. A winner here will still do well in live account. |
Re: Forex Trade Alerts: Season 22 by femora007(m): 8:03pm On Jan 08, 2022 |
infofirst:Good one. I have a ftmo demo account currently running, which means I won't be able to open another trial account until the present trial is completed. For this reason I will be opening a new ftmo account using a relative details, hope this will not affect my chance of participating in this challenge |
Re: Forex Trade Alerts: Season 22 by Piptocoin: 8:12pm On Jan 08, 2022 |
boss Infofirst, I think the one-month duration is more representative of long-term trading skill rather than the two-weeks duration which will lead to exaggerated results that cannot be duplicated in prop firm environment. Moreover, in prop firm funded account one has 22 trading days to be reasonably profitable. I was going through forexfactory recently and I read where a guy said ftmo sent him a termination of contract email. The reason for the termination was that his trading style did not match the consistent trading skill they were looking for even though he had been profitable and had received payouts about 4 times from them. He admitted that his trading style included meeting the monthly percentage profit in two days or so and trading 0.01 lots to complete the minimum trading days. He also said the account was not long term as his strategy also blows the account which is why he had a number of ftmo evaluation accounts running alongside his funded account. Ftmo terminated all of them fairly as well as reimbursing him where it was needed and also gave him the value of the profits to which he was entitled for other accounts at the time of the termination. If, truly, consistent long-term trading skill is required for a venture such as prop firm trading, then I think the competition should be modelled after that. Two weeks is neither too short but not ideally representative of long term goals. This is just an opinion and I stand to be corrected. Thank you (and GabsonFX) so much for all the opportunities....past, present and future (if there will be a future one). My appreciation is verbally inexpressible. 7 Likes 1 Share |
Re: Forex Trade Alerts: Season 22 by Gasive: 8:23pm On Jan 08, 2022 |
Piptocoin: You've said it all... 2 Likes
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Re: Forex Trade Alerts: Season 22 by karkinase(m): 8:30pm On Jan 08, 2022 |
@infofirst you need to give a final verdict on what you expect from this the competition, reasonable as it may most opinions would always be subjective. |
Re: Forex Trade Alerts: Season 22 by fame12k(m): 8:32pm On Jan 08, 2022 |
I just think d host should master how fxblue works. How to set d required drawdown parameters. |
Re: Forex Trade Alerts: Season 22 by exmaysn12000: 8:39pm On Jan 08, 2022 |
infofirst: You need to screen out some usernames in d competition, only username with a certain opening period on nairaland........I believe people will join with multiple accounts. Boss, if you think all won't be set to start d challenge on d right path, you can shift it forward... 3 Likes |
Re: Forex Trade Alerts: Season 22 by Piptocoin: 8:40pm On Jan 08, 2022 |
Re: Forex Trade Alerts: Season 22 by infofirst(m): 8:48pm On Jan 08, 2022 |
exmaysn12000: Kindly guide on how to set the Daily DD on fxblue. That will help us open demo account outside of ftmo and we can make use of the one month duration. Its not too late to adjust all that hopefully |
Re: Forex Trade Alerts: Season 22 by infofirst(m): 8:49pm On Jan 08, 2022 |
karkinase: I will before contest starts based on the many suggestions so far |
Re: Forex Trade Alerts: Season 22 by Sammyklever(m): 8:58pm On Jan 08, 2022 |
samfelly: Thank you Boss |
Re: Forex Trade Alerts: Season 22 by Gasive: 9:08pm On Jan 08, 2022 |
exmaysn12000: Look at this one... Iffa catch u ehn! 2 Likes
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Re: Forex Trade Alerts: Season 22 by exmaysn12000: 9:12pm On Jan 08, 2022 |
infofirst: On it. |
Re: Forex Trade Alerts: Season 22 by Pastorjohn2: 9:14pm On Jan 08, 2022 |
Kaybee7000:How's your experience with it |
Re: Forex Trade Alerts: Season 22 by Donsheddy: 9:23pm On Jan 08, 2022 |
exmaysn12000: I don't think you can set daily d.d on fxblue only Max d.d.... 2 Likes |
Re: Forex Trade Alerts: Season 22 by Jameselias: 10:46pm On Jan 08, 2022 |
saintfaculty: Ok thanks . |
Re: Forex Trade Alerts: Season 22 by samfelly: 10:51pm On Jan 08, 2022 |
femora007: You can still your details. You only need to use another email. That's all 2 Likes |
Re: Forex Trade Alerts: Season 22 by Mayork2(m): 1:06am On Jan 09, 2022 |
infofirst:boss I believe the ftmo trial is good enough for the competition but if you want it to last for a month then the maximum drawdown should be set to 5% on fxblue. 1 Like |
Re: Forex Trade Alerts: Season 22 by dennison4luv: 1:14am On Jan 09, 2022 |
samfelly: Be calming down comrade, I am a leaner |
Re: Forex Trade Alerts: Season 22 by jammer777: 5:14am On Jan 09, 2022 |
FreshGuy2: Sellers are in already, the MM would be looking to hunt their stop losses around the 1.5910 area and above. I’ll consider selling once I see a sell pattern with a target of at least 50 pips. 2 Likes |
Re: Forex Trade Alerts: Season 22 by haryodehjia(m): 5:49am On Jan 09, 2022 |
Elliotwaveforec: We might see a bit of correction this week before trend continues.. There's a divergence on 1hrtf and 4htf Overall it is a bullish movement on the Dtf |
Re: Forex Trade Alerts: Season 22 by femora007(m): 6:32am On Jan 09, 2022 |
samfelly:thank you |
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