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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts / Discussions: Season 24 (252630 Views)
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Re: Forex Trade Alerts / Discussions: Season 24 by klinksd: 11:16pm On Jan 26 |
klinksd: SL hit. 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by Jameselias: 11:43pm On Jan 26 |
ALPHA CAPITAL GROUP We aren't great at this social media game. Much more fun in the discord. We are thinking to do a free 5k giveaway for everyone again ? But rather us do it we want to potentially go bigger than 75k free accounts this time for new clients. We may ask for an influencer or 2 to help us. 4 Likes 1 Share |
Re: Forex Trade Alerts / Discussions: Season 24 by DXYY: 3:52am On Jan 27 |
GabsonFX2: 3 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by DXYY: 3:59am On Jan 27 |
blackjack21: Maybe you are new on here 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by DXYY: 4:00am On Jan 27 |
blackjack21: Hmmmmm, my brother take m easy o |
Re: Forex Trade Alerts / Discussions: Season 24 by DXYY: 4:00am On Jan 27 |
Jameselias: Keep us updated abeg 2 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by Geovanni412(m): 8:12am On Jan 27 |
DXYY: 1 Like
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Re: Forex Trade Alerts / Discussions: Season 24 by smilinguy: 9:45am On Jan 27 |
E be like say many of us see small shege this January 2024 1 Share
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Re: Forex Trade Alerts / Discussions: Season 24 by Pclemenza: 10:24am On Jan 27 |
geedot:I saw the boldened and DAPO WILLIS came to mine. Swing trading is actually a goal. I have his course but not started digesting it. |
Re: Forex Trade Alerts / Discussions: Season 24 by infofirst(m): 11:41am On Jan 27 |
Re: Forex Trade Alerts / Discussions: Season 24 by GarkiAccessory(m): 12:40pm On Jan 27 |
geedot:To buttress your point, some zones are by far more powerful than others, I discovered that when price gets to those zones, it reacts aggressively. |
Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 12:53pm On Jan 27 |
Donvic4u: How do you want it? Login or Screenshots? |
Re: Forex Trade Alerts / Discussions: Season 24 by blackjack21(m): 1:26pm On Jan 27 |
DXYY: No, I knew about the challenge I just was not sure whether I could land it? I don't know how much I would need to make to make the cut, any idea? I have followed this thread seasons back, just not with keen interest as now. But this year is different, I want to broaden my horizon, especially financially. DXYY: Early this month I posted results here about my other DEMO account from December, which last for 1month, where I made 68% profit. People adviced that I was trading too large lot size for a 10k account, that I need to check about risk management, and also guided me toward prop account. So I went and took a refresher course on RM, and calculated my daily losses and gains for the whole duration of my trading. I found out that I have never had a drawdown of more than 7% for any day and, no day ended in loss. When I opened a DEMO prop account 50k I decided to view the maximum amount I can lose, 10%, as my account balance. Which means that 5k is my account balance and even draw down of 10% of 5k will keep my within the parameters of set by FTMO. And that was how I trade this my account. You can see in the passed daily loss that my calculations were on point. The last photo is from the account I traded in December
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Re: Forex Trade Alerts / Discussions: Season 24 by Frank571(m): 2:21pm On Jan 27 |
Pclemenza: Pls I need his course, how can I get it from you? |
Re: Forex Trade Alerts / Discussions: Season 24 by Donvic4u(m): 2:42pm On Jan 27 |
samfelly:Both Lol, if you are profitable then what's been preventing you from getting at least a 5k account? |
Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 3:13pm On Jan 27 |
Donvic4u: Lol, my village pipo dey prevent me o |
Re: Forex Trade Alerts / Discussions: Season 24 by Donvic4u(m): 3:22pm On Jan 27 |
samfelly: Lol alright |
Re: Forex Trade Alerts / Discussions: Season 24 by abham: 3:43pm On Jan 27 |
Re: Forex Trade Alerts / Discussions: Season 24 by DXYY: 3:53pm On Jan 27 |
Geovanni412: You too much |
Re: Forex Trade Alerts / Discussions: Season 24 by DXYY: 4:02pm On Jan 27 |
blackjack21: Seems you know what you are doing, that's the most important thing, As for the competition TFT is one of the best in rewarding good traders, alot of opportunities are out there for competent traders , what we all need is aquire the skill first and every other thing shall be added unto us. 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by abham: 4:13pm On Jan 27 |
1 Like 1 Share |
Re: Forex Trade Alerts / Discussions: Season 24 by geedot: 5:02pm On Jan 27 |
GarkiAccessory:That's the best way to trade for someone that wants to be profitable in the long run. Training your eyes to spot the move earlier is key, because once the move has begun and moved about 200pips already, joining at that time is what make people lose money back to back. The market is going up, but it won't just head up, some head up straight to the intended direction, but most of them don't, it might come down to retest, giving anyone joining in the middle ab200pips+ drawdown. This is why people are stopped out before market going their way. This thing is not as hard as people make it seem. It's just annoying seeing people being in this for years, still struggling and trading the same way they have been doing that has never worked for them. I've been preaching it here, I hope those wise enough will follow and ditch their conventional way of trading that's not working, and go back to the drawing board to unlearn and relearn. It only took me 3months to start becoming profitable and I've never looked back ever since. So when I watch these Instagram reels and those traders make it seem everyone must suffer for years before getting it right makes me wonder if I've been lucky all these while(3 years now). I advised one dude the other day, he picked offense. I was just angry seeing people struggle for years and they haven't still learned anything all those years. They are still trading the same way they have been doing all these years. I didn't learn anything too complex, just my support and resistance. There was a time I enter trades with 100pips Stoplosses, but now I've become better as time passed by and sometimes 30pips Stoploss is what I use even though most of my trades last for weeks sometimes. So when Geovanni was saying yesterday that day traders should not be using 20-30pips SL, I just had to smile. I swing and my max stoploss now is never more than 50pips. The key point is the entry, when are you joining a trade? If I feel like entering a trade now for example when I still make use of 100pips SL, sometimes it will go against me by 80pips+ in drawdowns before it started moving my way. So i stopped entering early, and instead set a buy/sell order 50-60pips away. Still the same method, just advanced entry that I added to my toolkit over the years. That's why most of my trades always look as if the entries are perfect, because most of the time I miss out on trades, the few ones that comes to me must have been exhausted and they just start rising from where I entered from. I only took 4trades this week and these are the entries. If I want to lose, I lose easily because sometimes market will blast through your stoploss in less than hour sometimes. You just login and see your balance reduced without any trade going on lol. Over the years I know to adjust my entry point further backward whenever there's an upcoming news on my pair and market is already close to my entry by less than 100pips. I'm writing too much, I just wish anyone will dissect the message I'm trying to pass and put it to use. Learn Support and resistance and only draw on the higher time frame. It should very visible enough that it shouldn't take you more than 40secs to a minute to draw. Once drawn, check the weekly to know if market is bullish or bearish, if market is bullish from the weekly time frame, you have to know whenever market hits your support, you should be looking to buy. Set your limit lower than your support, i.e the buy limit should be when market breaks the support, that means you will only be entering the trade when market breaches the support zone. That's why you see wicks beneath support areas and above resistance areas. Market comes there to test and continue it's journey. You will lose, trust me, but you will win more. One trade for me cover for four losses, and I hardly have four losses. It's easier to pick 250pips up with 50pips SL when the entry below the support for a buy. Sometimes I move it up a bit, it's by years of experience, try setting it below and adjust as time goes by. All the best brother. These are screenshots of my current running trades entry this week. 6 Likes 3 Shares |
Re: Forex Trade Alerts / Discussions: Season 24 by blackjack21(m): 5:15pm On Jan 27 |
DXYY: AMEN!!! Checking TFT... This look somewhat like Minecraft. Am I in the right place, Bro?
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Re: Forex Trade Alerts / Discussions: Season 24 by DXYY: 5:56pm On Jan 27 |
blackjack21: Lol you are in the right place, check the top right and find your way to competition |
Re: Forex Trade Alerts / Discussions: Season 24 by Bimmarlykay(m): 6:20pm On Jan 27 |
geedot: You plot support and resistant zone on daily and check weekly for trend,then wait for retest and continue with the weekly trend? Right? |
Re: Forex Trade Alerts / Discussions: Season 24 by EASYLIFE4US: 6:31pm On Jan 27 |
infofirst:I rest my case and choose to stay positive no matter what |
Re: Forex Trade Alerts / Discussions: Season 24 by Pclemenza: 7:34pm On Jan 27 |
Frank571: It can’t be shared. You pay $100 to DAPO and you get access to the course, except you ask geedot who mentioned something about downloading it( maybe there’s a link to download his course for free) Dapo’s course is most Favorable to Swing Traders. |
Re: Forex Trade Alerts / Discussions: Season 24 by Frank571(m): 8:02pm On Jan 27 |
Pclemenza:I just need the link to download it I think it's about 3gb Most of the links online are fake |
Re: Forex Trade Alerts / Discussions: Season 24 by geedot: 8:29pm On Jan 27 |
Frank571:A moniker veeveeluv dropped this awhile ago. So many forex courses there. Dapo's course is there also. FOREXCOURSESTITANS on tgram. It's an rar file, so you should have an .rar extractor to unzip them after downloading. |
Re: Forex Trade Alerts / Discussions: Season 24 by geedot: 8:33pm On Jan 27 |
Bimmarlykay:That's just it brother. Watch for the overall move to confirm if the current move is just a retracement that's gonna find support to continue pushing upwards in the case of an overall uptrend. If it fails, go downward to your next zone to wait at the next support to pick it up again. Trade in a way where only one win cancels out three losses easily. 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by geedot: 8:41pm On Jan 27 |
Pclemenza:I wish to trade like him for real, he's so good that I fell in love with him the first time I saw one of his videos on YouTube. That's why I love Peteregwu's style of trading so much too. I even think Peter catches more pips than Dapo. That's how good Peter is. 2 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by blackjack21(m): 9:12pm On Jan 27 |
[zzquote author=DXYY post=128153678] Lol you are in the right place, check the top right and find your way to competition [/quote] Bro, this is what I was talking about; it is like I know where the house is I just don't know where the door is. Checking TFT competition leaderboard for this month I mourned. With that standing I would have definitely made it to top 10 and obtain 100k challenge account. Now I have postponed my plans to buy 6k challenge on fundednext, I'm going with the competition worst case scenario i return 45% profit, I make top 30 that is 50k challenge account oo. Way, way, way better than the 6k I would have bought. I'm already overjoyed. Next month no be play for me Thank you, Boss. |
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