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Nairaland Forum / Nairaland / General / Business / Forex Trade Alerts / Discussions: Season 24 (254704 Views)
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Re: Forex Trade Alerts / Discussions: Season 24 by LincolnOnyeabor: 11:16pm On Jun 01 |
ICTcadet: I'm a day trader sir. Just dabbled into Scalping gold to see if that's where my strength lies. But I'm better at Day trading. 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by LincolnOnyeabor: 11:16pm On Jun 01 |
XAUTrader4L2: Okay sir |
Re: Forex Trade Alerts / Discussions: Season 24 by LincolnOnyeabor: 12:29am On Jun 02 |
rossoneri: I am the Trader in Question sir. Thanks so very much for this sir. I will keep saving and finding my edge but I will be using Cent Accounts for it sir. Demo doesn't give that real Emotions that comes to play in the Market for me. Don't know about others though. Thanks Very much for this Piece sir. And to all the Bosses that made their Inputs, I truly truly appreciate you all sirs! I am Highly Favoured to be learning from your Decades of Experience in this Business. May the Pips always be in our Favour. 4 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by infofirst(m): 1:06am On Jun 02 |
Trading Forex isn't the issue - we are! It's easy to blame the market, but the truth is, our own mindset and behaviors are the real challenges. Forex trading is a skill that can be learned and mastered, but our emotions, biases, and impulsive decisions often get in the way. Let's stop blaming the game and take responsibility for our own actions. We need to recognize when we're gambling with our emotions instead of making informed trading decisions. 11 Likes 2 Shares |
Re: Forex Trade Alerts / Discussions: Season 24 by Succhrisfx: 1:13am On Jun 02 |
infofirst: Conclusion of the whole matter. 4 Likes
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Re: Forex Trade Alerts / Discussions: Season 24 by GabsonFX2: 4:40am On Jun 02 |
π€ I'm honoured, brother, this touched my heart. You are not even there yet! You are just starting, this is just the beginning of greater success to come. You are the testimony! π realone12: 3 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by dmahn(m): 7:02am On Jun 02 |
infofirst: Now prop firm are now the issue boss. I didn't give trading any serious attention until I learnt about prop firm on this forum. The model looks appealing at first when everything was going smoothly and the prop making us feel like we are trading real money. Everything becomes uninteresting after Mff, TFT, and Co started to collapse.. The most recent happening with boss GabsonFX2 and InfinityForexFunds is really heartbreaking. I imagined if a slow trader like me has spent 6 months to pass phase one and another 6 month for phase 2 only for me to be denied payment when it's time for withdrawal... Now I feel like rushing my challenge and either pass in time or fail in time so as to know wether payout will be denied or the prop will even shut down after wasting one's time and effort... Now to wrap everything, you even said the real brokers too are not sending our orders to the direct market and they are always trading against us, So if one should fund a personal account with good funds too we are not save... Why is this business legal and at the same time very dirty 1 Like 1 Share |
Re: Forex Trade Alerts / Discussions: Season 24 by CaptainJune: 7:52am On Jun 02 |
dmahn: Valid concerns. The safest mindset is to know that prop firms may collapse at any moment in time. Due diligence matters to stick to the ones that have been around for long such as ftmo since 2015, and 5%ers since 2016. There is E8 Markets since 2021. Where people have problems is abandoning the prop firms that have been around for long to patronise the ones that just sprung out overnight with juicy promises. There are genuine prop firms and fake ones. Time is what separates them from each other. 5 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by Skanas(m): 10:05am On Jun 02 |
dmahn: Valid concerns bro...but then, good traders are still cashing out on a steady...the key thing to me, is to perform due diligence when choosing a prop firm or broker, sticking with those with good reputation 2 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by infofirst(m): 10:24am On Jun 02 |
dmahn: You're not alone in this journey. As @skanas and @captainjune wisely advised, it's crucial to partner with reputable firms and stay clear of those that seem too good to be true. Life is inherently risky, full of challenges and battles from the moment we're conceived to our final breath. Our very existence is a testament to the resilience of our ancestors, who overcame countless obstacles. To navigate this unpredictable landscape, our best strategy is to manage risk effectively. Nothing is guaranteed. Not even your money in the bank. Not your house with C of O. Remember, it's a continuous process that requires vigilance and adaptability. 7 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by realone12(m): 11:39am On Jun 02 |
GabsonFX2:thanks for the well wishes, sire. I'm honoured 2 Likes 1 Share |
Re: Forex Trade Alerts / Discussions: Season 24 by dmahn(m): 12:51pm On Jun 02 |
infofirst: |
Re: Forex Trade Alerts / Discussions: Season 24 by BrightFuture48: 1:15pm On Jun 02 |
infofirst:Words of Gems! In other words the only thing we can control is Risk, that's what we need to focus on in any/all of our endeavors and manage it effective by reducing it to bearest minimum. By so doing, we would have ensure or discharge our part of the bargain in the scheme of things. No doubt, the ultimate goal would be one day trading with reputable brokers of DMA which will not deny you any of your hard earned profits. In summary don't be bothered much about prop firm or broker legit concern as this point but focus on developing your edge and risk management and such invaluable knowledge/skill can't be taken away from you again. 2 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by peterincredible: 1:38pm On Jun 02 |
Happy Sunday to you all I will like to ask about a good sample size when back testing a strategy on the 4h time frame and 1 HR time frame |
Re: Forex Trade Alerts / Discussions: Season 24 by samfelly: 3:36pm On Jun 02 |
My pipo for FTA, E still CLEAR? Na June we dey so o. Are we still deliberate or we don give up? 2 Likes
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Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 4:03pm On Jun 02 |
Bad as prop firm is, they are still the best thing that has happened to this industry. Let's be honest with ourselves. Their rules has been a little lenient of late and slightly favorable for a conservative trader. Imagine being given 15k(1,500) funds to trade for just a little above $100. Secondly, they refund you your money after completing both phases and even pay some % of the profits made during the two phases. The offer is too good and way better than funding $100 live account and hoping to grow it instead. When will that person even get a $1k bucks? The major issue is most people don't know how to trade and that's what they are capitalizing on. The best we can do is patience to hone the skills properly before going the prop way. The rules makes one even become better and not hinder someone that wants to take minimal risk possible. 7 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by TradingGod: 5:03pm On Jun 02 |
Cashhy11:True Propfirm helps one to become a professional trader π |
Re: Forex Trade Alerts / Discussions: Season 24 by ICTcadet: 9:24pm On Jun 02 |
LincolnOnyeabor: Good, a quick reminder that day trading is not everyday trading. On no condition should you take more than two trades in a day. 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by ICTcadet: 11:46pm On Jun 02 |
itβs crazy walking around in public like none of these people have any idea what the nasdaq is doing 3 Likes
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Re: Forex Trade Alerts / Discussions: Season 24 by GabsonFX2: 12:11am On Jun 03 |
Just as our business men/women would bless their markets when they arrive on a beautiful Monday morning, so I am. Many still don't get it yet, until you start to see this business as means of livelihood, you won't understand the extent to which you should be more intentional about it. As a new week started today, and market opens, I want to be able to post here, come Friday 7th, "withdrawal requested and processed". So help me God. 14 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by Cashhy11: 12:52am On Jun 03 |
Good morning, this is what I'm seeing on EU, I believe it's going up to retest that resistance. But there's a little demand zone here I will be hoping and waiting it can retest before it heads up. 1:.3.76rr. Have a profitable week ahead brothers. 1 Like
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Re: Forex Trade Alerts / Discussions: Season 24 by friendbee: 1:10am On Jun 03 |
Amin ooooooooooooooooooooooo, same with me GabsonFX2: 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by LincolnOnyeabor: 1:56am On Jun 03 |
GabsonFX2: Amen sir. Already made my first Withdrawal on Notcoin Trade sha. But this new week, More Withdrawals incoming. 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by FXcandles(m): 3:16am On Jun 03 |
Oil prices rose today from a low of 76.19 to a high of 77.30 on US crude oil. Perhaps this increase was triggered by the results of the OPEC+ meeting on June 2 which was held virtually. According to CNBC, the Oil Exporting Countries or OPEC+ agreed to increase their oil production cuts until 2025. Saudi Arabia will extend voluntary cuts of almost 1.7 million barrels per day until all of 2025. And several other small countries are extending voluntary cuts of 2.2 million barrels per day until the end of the third quarter of this year. 1 Like
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Re: Forex Trade Alerts / Discussions: Season 24 by harizonal123(m): 7:00am On Jun 03 |
showers of pips we pray thee o Lord in this new week/month 1 Like
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Re: Forex Trade Alerts / Discussions: Season 24 by G30fx: 7:57am On Jun 03 |
ICTcadet:I guess your personal opinion and not recommendations 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by ICTcadet: 8:15am On Jun 03 |
G30fx:It's a general rule of thumb. |
Re: Forex Trade Alerts / Discussions: Season 24 by hegelian: 8:19am On Jun 03 |
ICTcadet:Who made it the general rule of thumb? You will say you agree with the opinions which is good for you, might be bad or amateurish for others 1 Like |
Re: Forex Trade Alerts / Discussions: Season 24 by Skanas(m): 8:46am On Jun 03 |
ICTcadet: ICTcadet: Nah...this submission is subjective, forex trading is a lone game, no βone-size-fits-allβ. For this game, every mallam carry him own kettle... 4 Likes |
Re: Forex Trade Alerts / Discussions: Season 24 by infofirst(m): 10:56am On Jun 03 |
ICTcadet: Any citation for this. I want to check. I get time. |
Re: Forex Trade Alerts / Discussions: Season 24 by obajoey(m): 12:04pm On Jun 03 |
obajoey: A possible retest for a new entry.
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Re: Forex Trade Alerts / Discussions: Season 24 by Succhrisfx: 12:34pm On Jun 03 |
infofirst: |
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