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Forex Trade Alerts: Season 23 - Business (14) - Nairaland

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Re: Forex Trade Alerts: Season 23 by Jameselias: 6:49pm On Jan 06, 2023
cescky:
my bosses..
novice here....i normally trade usdchf and eurusd...

i traded gold yesterday and wow, wow wow, lol, am sticking to gold.

i have a question for those that trade s and p 500, us30. etc..are these more lucrative than forex?...because the movement of gold trade i took was sweet, so am wondering if these ones pay better...at the end of the day its money wer after, why settle for 5, if i can get 50?


Well here is my own nonsense advice Sha
Stick with that gold forget everything else

4 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by OfficialP: 7:03pm On Jan 06, 2023
cescky:
my bosses..
novice here....i normally trade usdchf and eurusd...

i traded gold yesterday and wow, wow wow, lol, am sticking to gold.

i have a question for those that trade s and p 500, us30. etc..are these more lucrative than forex?...because the movement of gold trade i took was sweet, so am wondering if these ones pay better...at the end of the day its money wer after, why settle for 5, if i can get 50?
dont convlude with just one trade

3 Likes

Re: Forex Trade Alerts: Season 23 by Donsheddy: 7:10pm On Jan 06, 2023
cescky:
my bosses..
novice here....i normally trade usdchf and eurusd...

i traded gold yesterday and wow, wow wow, lol, am sticking to gold.

i have a question for those that trade s and p 500, us30. etc..are these more lucrative than forex?...because the movement of gold trade i took was sweet, so am wondering if these ones pay better...at the end of the day its money wer after, why settle for 5, if i can get 50?


I always advice newbies like me to stick to one pair or at most two....

Every pair is profitable any one you chose is profitable

Stick to one pair master it.
Master it's behavior...
It's pattern


Apply discipline and proper risk management...


Like me I started with Eurusd alone.

Before boss infofirst introduced me to gbpusd and that's what I've been trading ever since...

Close to two years now...
I've been studying and restudying.
And improving my strategy using that pair alone...
Im not there yet but I can feel it


That I'm close...

So if you love gold stick to it.
Master it
And the sky will just be the beginning

8 Likes 3 Shares

Re: Forex Trade Alerts: Season 23 by realone12(m): 7:25pm On Jan 06, 2023
Donsheddy:



I always advice newbies like me to stick to one pair or at most two....

Every pair is profitable any one you chose is profitable

Stick to one pair master it.
Master it's behavior...
It's pattern


Apply discipline and proper risk management...


Like me I started with Eurusd alone.

Before boss infofirst introduced me to gbpusd and that's what I've been trading ever since...

Close to two years now...
I've been studying and restudying.
And improving my strategy using that pair alone...
Im not there yet but I can feel it


That I'm close...

So if you love gold stick to it.
Master it
And the sky will just be the beginning
GBP USD volatility ehh, I swear indices dey learn work.

2 Likes

Re: Forex Trade Alerts: Season 23 by Galleryeasy(m): 7:40pm On Jan 06, 2023
realone12:
GBP USD volatility ehh, I swear indices dey learn work.
GBPUSD still remains best. Whenever I'm taking position on that pair, overconfidence go dey drip

5 Likes

Re: Forex Trade Alerts: Season 23 by charly20(m): 7:57pm On Jan 06, 2023
charly20:



From last year's mark up.
Executions to be made tomorrow.

Executions were made midweek but price ranged and following my trading rules as to when I shall begin trading Mff's account during the year, I closed all open positions to continue next week to avoid "DD" rule.

2 Likes

Re: Forex Trade Alerts: Season 23 by Tenifayo23: 8:49pm On Jan 06, 2023
This is eye opening. I am at a crossroad presently. I won't give up because I am pretty sure I will get it together soon.

2 Likes

Re: Forex Trade Alerts: Season 23 by Peterfx01(m): 10:04pm On Jan 06, 2023
[quote author=Jameselias post=119779079]
I'll say something to this guy the higher the volatility of a pair the Greater the manipulations if you can learn to accept that then be consistent with it no matter what
Re: Forex Trade Alerts: Season 23 by Peterfx01(m): 10:09pm On Jan 06, 2023
realone12:
GBP USD volatility ehh, I swear indices dey learn work.

Indices i know??, Except the One offered on the broker isn't volatile, volatility of indices differ between brokers,for exness just go create demo account and add ustec100×100m
Place a trade of 0.01 yes just 0.01 come back and tell me your experience
Re: Forex Trade Alerts: Season 23 by Jameselias: 10:19pm On Jan 06, 2023
charly20:


Executions were made midweek but price ranged and following my trading rules as to when I shall begin trading Mff's account during the year, I closed all open positions to continue next week to avoid "DD" rule.

the way to go

2 Likes

Re: Forex Trade Alerts: Season 23 by nzechu(m): 10:56pm On Jan 06, 2023
.
Re: Forex Trade Alerts: Season 23 by nzechu(m): 11:00pm On Jan 06, 2023
BinaryRocks:
I just lost my mff 5k prop firm to daily draw down embarassed embarassed
.

in light of this, can i appeal that contest prizes be in ftmo accounts instead of Mff. so winners can b more relaxed in taking challenge and effectively do well bypassing the equity drawdown rule.

I know the cost is much sha, perhaps equivalent amount for mff cost can be sent to winners and then the winner adds up the remaining amount to complete ftmo cost. if they can afford it. I for one I think I would prefer this option if I won. but omo this forest is not easy sha but we will get there. @samfelly

4 Likes

Re: Forex Trade Alerts: Season 23 by kozmicity: 11:05pm On Jan 06, 2023
Jameselias:


Well here is my own nonsense advice Sha
Stick with that gold forget everything else
grin grin grin

2 Likes

Re: Forex Trade Alerts: Season 23 by Jameselias: 11:43pm On Jan 06, 2023
Every week and it won't stop
Re: Forex Trade Alerts: Season 23 by Jameselias: 12:12am On Jan 07, 2023
The market is manipulated, but it is manipulated with rules of structure- The engine is Time.

There is logic to the game.

External to internal � internal to external
Re: Forex Trade Alerts: Season 23 by Jameselias: 9:58am On Jan 07, 2023
Forex trading isn’t a game. It is part of an illusion that it has anything in common with gambling, betting. It is more than just a technical approach to the markets, it is more than just trading a pair up and down - it is hard work." -Dirk F.

1 Like

Re: Forex Trade Alerts: Season 23 by Brooktrader: 10:07am On Jan 07, 2023
GBP/USD, 1D

In my opinion, the bearish engulfing pattern isn't exhausted yet! the higher the timeframe it was spotted, the farther the BEARS go!

Only a high impact may push the price pass block -A by retesting trendline -X

But our best bet is for price to retest block-A and head straight to block -B

2 Likes

Re: Forex Trade Alerts: Season 23 by Emmizay12(m): 10:17am On Jan 07, 2023
Jameselias:
Forex trading isn’t a game. It is part of an illusion that it has anything in common with gambling, betting. It is more than just a technical approach to the markets, it is more than just trading a pair up and down - it is hard work." -Dirk F.

kikiki,,,, Forex trading is the Lord of Gambling.... make nobody deceive you... betting, gambling all have their technical analysis and strategies, nothing is guaranteed in a game where 95% of people lose money

5 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by OfficialP: 10:45am On Jan 07, 2023
Every strategy have its time and season.

3 Likes

Re: Forex Trade Alerts: Season 23 by SayDeeJay: 10:52am On Jan 07, 2023
This contest get as e be o.

@edd1e, I hail o
Peak loss 0.0%

So much to learn from the contest, besides winning the prize.

Welldone @All

3 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by Runup: 10:54am On Jan 07, 2023
Please can one trade E-minis in Nigeria?
Re: Forex Trade Alerts: Season 23 by kaywhy09(m): 12:04pm On Jan 07, 2023
SayDeeJay:
This contest get as e be o.

@edd1e, I hail o
Peak loss 0.0%

So much to learn from the contest, besides winning the prize.

Welldone @All

I tell you. edd1e is a wizard!

2 Likes

Re: Forex Trade Alerts: Season 23 by Elliotwaveforec: 12:20pm On Jan 07, 2023
Crypto demo

Re: Forex Trade Alerts: Season 23 by meshpips(m): 1:55pm On Jan 07, 2023
For the coming week . . .

USDJPY

Buy limit at 131.41

Stop loss at 130.65

Target at 135

All the best everyone!

3 Likes

Re: Forex Trade Alerts: Season 23 by TradingGod: 2:26pm On Jan 07, 2023
infofirst:


Gambling is a get Rich quick scheme

Most of us are gambling instead of trading.

when you risk 50% of capital, you are treating trading like a gambling

If you risk only 1% of capital, you are taking trading as a business

4 Likes

Re: Forex Trade Alerts: Season 23 by PIPSMARSHALL: 2:27pm On Jan 07, 2023
TradingGod:
when you risk 50% of capital, you are treating trading like a gambling

If you risk only 1% of capital, you are taking trading as a business

The Holy Grail

2 Likes

Re: Forex Trade Alerts: Season 23 by Tradinggiant: 2:30pm On Jan 07, 2023
TradingGod:
when you risk 50% of capital, you are treating trading like a gambling

If you risk only 1% of capital, you are taking trading as a business
TradingGod ? Na WA ooo.
Even me way be giant market day turn me to dwarf sometimes.

As god way u be , Give us sure 200 Pips everyday grin

5 Likes 1 Share

Re: Forex Trade Alerts: Season 23 by samfelly: 3:00pm On Jan 07, 2023
samfelly:


It's truly eat your heart out o. No Organizer's rule or anything. Only play safe with FTMO'S rules and their drawdown. Remember, you have to pass the ftmo account to be counted a worthy trader and grab the prize from the sponsor. Nameste, brother grin

Friendbee, you say wetin? grin. Elmajeed3597, BinaryRocks, OfficialP, make una see the bolded.

So, na only Donsheddy comprehend wetin I write there. I called it Freedom Contest, because I no put any rules, BUT FTMO's OWN STILL STANDS. SO BECAUSE UNA WAN OUT DO EACH OTHER UNA NO WAN PASS FTMO FREE TRIAL ACCOUNT AGAIN? grin grin grin grin. Very funny

5 Likes

Re: Forex Trade Alerts: Season 23 by Elliotwaveforec: 3:10pm On Jan 07, 2023
Tradingdeity na him remain.
Re: Forex Trade Alerts: Season 23 by samfelly: 3:10pm On Jan 07, 2023
BinaryRocks:
I just lost my mff 5k prop firm to daily draw down embarassed embarassed

Shit happens. I lost mine, as well embarassed embarassed embarassed angry angry angry

Risk management CAN NEVER BE REPLACED, in this business. If I like make I go Ijebu Ode go do soap, risk management will still be the watch word!

6 Likes

Re: Forex Trade Alerts: Season 23 by samfelly: 3:18pm On Jan 07, 2023
nzechu:
.

in light of this, can i appeal that contest prizes be in ftmo accounts instead of Mff. so winners can b more relaxed in taking challenge and effectively do well bypassing the equity drawdown rule.

I know the cost is much sha, perhaps equivalent amount for mff cost can be sent to winners and then the winner adds up the remaining amount to complete ftmo cost. if they can afford it. I for one I think I would prefer this option if I won. but omo this forest is not easy sha but we will get there. @samfelly

Well, me too go really like am to be in FTMO, but, no be me dey give out the reward. Lets direct this suggestion to Mr. Animashaun2 - and all other big boss who have been sponsoring before and who will still sponsor, by God's grace, as we go forward

3 Likes

Re: Forex Trade Alerts: Season 23 by friendbee: 3:26pm On Jan 07, 2023
samfelly:


Shit happens. I lost mine, as well embarassed embarassed embarassed angry angry angry

Risk management CAN NEVER BE REPLACED, in this business. If I like make I go Ijebu Ode go do soap, risk management will still be the watch word!

This is one truth we must know, infofirst always preach this. No way in fx biz without risk mgt, infact think risk first before gain. We are risk managers actually

7 Likes 1 Share

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