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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts / Discussions: Season 24 (210217 Views)
Forex Trade Alerts: Season 23 / Forex Trade Alerts: Season 22 / Forex Trade Alerts: Season 20 (2) (3) (4)
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Re: Forex Trade Alerts / Discussions: Season 24 by realone12(m): 9:52pm On May 31 |
GabsonFX2:Mr Phenomenal.. carry on boss. you inspire us 2 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by Moneyman100(m): 10:01pm On May 31 |
Hello Bosses, I'm new here although I've been following for a while now and I must commend your joint efforts in trying make this year's FTA a success. I'm a Forex Trader who wants to venture into the prop firm space( I've been trading with personal funds) and I would like to get some clarification from bosses here. I have two questions: 1. Can I pay via online banking, I mean transfer from my Naira account? 2. Can I withdraw directly to my naira account? Thanks my bosses as I anticipate your answers. |
Re: Forex Trade Alerts / Discussions: Season 24 by peteregwu(m): 10:11pm On May 31 |
Peejayz: Welcome! |
Re: Forex Trade Alerts / Discussions: Season 24 by realone12(m): 10:16pm On May 31 |
samfelly:59 position... though a lot of people will still be disqualified, which will eventually put me in a much better position, but I'm still going to end up in the same price bracket (which is 15k stellar account) and that is not bad.i made 100% return.. now is time to relax and trade the challenge account with ease without worrying about what the other people/contestants are doing.. 12 Likes 1 Share
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Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 11:36pm On May 31 |
realone12: Wow, I am impressed. You've done real well. Congrats, you should be given a FTA award, as well . E bi like say your grandmother later come dey trade in your behalf ![]() 2 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by GabsonFX2: 12:00am On Jun 01 |
I'm proud of you brother...Keep on motivating me! 👌 realone12: 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by LincolnOnyeabor: 12:08am On Jun 01 |
XAUTrader4L2: I've been thinking about getting like $7 on a cent Account and taking this Swing trade with you boss. I'm really really considering it. Make I go look charts wela fa. |
Re: Forex Trade Alerts / Discussions: Season 24 by realone12(m): 12:17am On Jun 01 |
samfelly:lol bruhhh this month competition is the toughest anyone can ever imagine. a lot of people made huge percentage.. we the contestants, no one wants to slack. you slow down, you get overtaken. so when I see my slipping behind, I quickly realize 83% won't win me anything. so I had to top it up a little bit. that's how I arrived at 100%.. if I had stop trading at 83% I wouldn't have been among 15k stellar account winner.. I would have been given express consistency account which is very complicated with lots of rules.. no vex sir 2 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by realone12(m): 12:36am On Jun 01 |
GabsonFX2:are you kidding me? how can a student motivate his boss.. I think it is the other way round. let me tell you a short story.. at some point in my trading journey, when I started doubting myself, when I started feeling everything in this business is random, that no one can be consistently profitable. I was at the verge of believing that forex trading is a form of gambling that no one can really understand it's ways and win consistently. on that faithful day, boom!! you posted some of your winnings. when I came across your post and saw how consistent you are in winnings, I quickly realized that forex is not some kind of random shit..that it can be studied and mastered. you served as a huge motivation for me to find my edge to be consistent. though I'm not yet at where I want to be, but ever since that day i saw your post,I have seen a huge progress in my trading journey.. keep winning, and keep posting your winnings to motivate us More. 10 Likes 3 Shares |
Re: Forex Trade Alerts / Discussions: Season 24 by infofirst(m): 3:30am On Jun 01 |
realone12: Go on and shine 7 Likes 1 Share |
Re: Forex Trade Alerts / Discussions: Season 24 by Thunday1005(m): 4:44am On Jun 01 |
You can't pay via online banking either crypto or a virtual dollar card, the same way as withdrawal. Moneyman100: 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by Moneyman100(m): 4:56am On Jun 01 |
Thunday1005:Thanks chief, I realized that after making some research, thanks 🙏. |
Re: Forex Trade Alerts / Discussions: Season 24 by meshpips(m): 5:50am On Jun 01 |
Moneyman100: Yes, you can pay using your Naira account IF you are trading on Maven Trading. They have Kora pay option for Nigerians |
Re: Forex Trade Alerts / Discussions: Season 24 by BeginnerTrader: 6:16am On Jun 01 |
realone12:100% is insane 😳, I thought that this thing is not doable. Congratulations man. 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by realone12(m): 6:43am On Jun 01 |
infofirst:the honourable boss himself. this place wouId have been a mess without you.. I hail thee 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by realone12(m): 6:45am On Jun 01 |
BeginnerTrader:thanks Chief.. I remember your story very well.. and it also serve as a motivation for me |
Re: Forex Trade Alerts / Discussions: Season 24 by dmahn(m): 7:03am On Jun 01 |
LincolnOnyeabor: Guy stop this idea of flipping your cent account with a single trade. Keep your money or use am buy foodstuff for house. Go and find your edge, demo trade it for like 2 months.. Then you can go live, by then you don't have to buy when others are buying and your edge is showing you sell. The money you want to make in a hurry is going no where... Take your time and consume enuf knowledge before investing real money... Don't just say it's just $7 5 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by Moneyman100(m): 8:55am On Jun 01 |
Noted with Thanks boss.. meshpips: |
Re: Forex Trade Alerts / Discussions: Season 24 by BinaryRocks: 9:03am On Jun 01 |
realone12:Weldone. You've really done well. |
Re: Forex Trade Alerts / Discussions: Season 24 by XAUTrader4L2: 9:15am On Jun 01 |
LincolnOnyeabor: dmahn: I will have to agree with this, if you can backtest longer is better. My sell entry has passed so no more entries for me. There is nothing wrong in flipping your account with a single trade if you have an edge. 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by ICTcadet: 9:51am On Jun 01 |
peteregwu: You that I know has break even or at worst close in small drawdown, you don't have the b*lls to hold it through. 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by ICTcadet: 10:07am On Jun 01 |
LincolnOnyeabor: Gold doesn't trade differently from other Regulated trading instruments, all market moves the same but difference in opening time, trying to master one per is just senseless. I trade only EUR/USD for now, does it mean am trying to master it ?, Hell nah. I will do the same thing am doing now if I have to trade pork bellies future contracts today. 2 Likes 1 Share |
Re: Forex Trade Alerts / Discussions: Season 24 by GabsonFX2: 10:20am On Jun 01 |
3rd and final withdrawal of the week submitted....axi personal account. FX trading, discussions, the great mens' minds rubbing and money making are our ultimate goals here....nothing else concerns me. Balance returned to initial capital, trading continues next week. Shalom! GabsonFX2: 2 Likes
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Re: Forex Trade Alerts / Discussions: Season 24 by ICTcadet: 10:21am On Jun 01 |
LincolnOnyeabor: I just went through your trading history now, are you a scalper or day trader ? 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by ICTcadet: 10:51am On Jun 01 |
janda1: You don't even know what win rate is, SMH !. |
Re: Forex Trade Alerts / Discussions: Season 24 by rossoneri(m): 11:13am On Jun 01 |
XAUTrader4L2: Let me just put this here for anyone it helps to learn the right way. I have time this morning.. To the trader with $7: Keep your funds, save a lot more while learning and backtesting patiently until you are ready to trade based on your own understanding, edge and decisions. You can't be a trader if you need to follow someone else (Whose risk mgt will you use his?, whose psychology will the decisions be based on? Do you know his time horizon?) that is not sustainable and not the way it works. If you feel you have to jump in right now and follow, you have the wrong mindset and you can change that mindset by gaining more knowledge; there is no rush, trading is a long term game. You can change your life in 6 months but you need 5-7 years (the time it takes to develop a trained eye on the charts) to prepare for those 6 months! Please go back to demo and keep learning. While youre at it, read a few books (popular one is Trading in the Zone for the right mindset). To the trader that suggests demo trade for 2 months: 2 months is not nothing when trying find an edge; thats not enough time to gather a sample size of at least 1000 trades executing the exact same setup on a single pair within the same session. If your sample size is not large enough, how can you have confidence in the edge? How can you even draw an edge out in 2 months? A large sample size allows probability to work in your favor and without probability you are not a real trader, you are simply passing time or do not yet have enough knowledge. To the trader who agrees with flipping in one trade: You have the wrong mindset for this career (that is if you hope to make it a career). If you can flip an account in one trade, then you can also lose it in one trade! That is not trading, that is gambling! You are better of in the casino with that mindset. A trader must take a position size that has 0% chance of bankruptcy even in a long losing streak. The word "flip" doesn't even belong in a trader's vocabulary. Please don't use the word flip and edge in the same sentence and/or discussion again. This is a skilled profession, try to measure up to the standard. A trader with an edge has no interest in time as he already knows as result of testing his edge over a large sample size that there will be portfolio growth; time is irrelevant, wins are irrelevant just as losses are also irrelevant. They are all part of a tested and trust system. To understand this and have the right mindset you must understand probabilities. There are books and articles that can help with this. I would suggest the articles of Yumi San on twitter (free to read): profile is samuraipips358 or just Yumi Now before anyone decides to reply to this, know that i am neither new to Nairaland nor new to trading (you should be able to tell with the above); please reply with your head and not your fingers if you feel the need to! 13 Likes 1 Share |
Re: Forex Trade Alerts / Discussions: Season 24 by XAUTrader4L2: 11:24am On Jun 01 |
ICTcadet: Markets are different due to their distinctive feautures, part of the reason why some instruments are considered safe haven while others are not. The best you can do is to use the most effective trading strategy for you on an instrument. |
Re: Forex Trade Alerts / Discussions: Season 24 by realone12(m): 11:47am On Jun 01 |
ICTcadet:market moves and behaves very differently. A strategy may work on one pair but fail to work on other pairs.. every instrument is unique. even the most correlated instruments has its own unique DNA that makes a particular strategy to be more effective in one more than the other.. silver and gold are very correlated. but yet some particular set ups works better on silver than on gold. same as Eu and Gu.. you Will need to study the chart extensively and thoroughly to notice these things. |
Re: Forex Trade Alerts / Discussions: Season 24 by BrightFuture48: 11:50am On Jun 01 |
realone12:Congratulations!!! |
Re: Forex Trade Alerts / Discussions: Season 24 by XAUTrader4L2: 12:00pm On Jun 01 |
rossoneri: I dont even like the word flipping since it is mostly assiociated with scalpers and I am a long term trader but I believe with an edge, there is nothing one cant do. The concept of time can also be incorporated to find an edge. |
Re: Forex Trade Alerts / Discussions: Season 24 by ICTcadet: 12:10pm On Jun 01 |
realone12: Y'all are getting me wrong, all am trying to say is, trying to master one pair is st*pid, I know some pairs trend more than others and when you're trying to pick your pair you should go for the one's that trend the most. It's only sticking to one pair not mastering one pair, I my self trade only one pair not because its the best. Am so bad that i can't even focus on two pairs at a time. |
Re: Forex Trade Alerts / Discussions: Season 24 by XAUTrader4L2: 12:10pm On Jun 01 |
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