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Forex Trading - Season 15 - Business (22) - Nairaland

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Re: Forex Trading - Season 15 by soultender(f): 4:40pm On Jan 17, 2015
Toks2008:


Before i answer you i want to state her emphatically that if anyone uses this system as instructed and after one month is not happy with it,i will return the subscription fee in full with an added inconvenience fee.

There are two ways to use the system which are

1.Manually with auto entry: With just your traders password needed, i will attach the system to your account and all you do is check your account every 30mins and if a position opens, just add to the position with a stipulated lot size and if you make profit for the day,stop trading but if you make a loss in the first position try with the second position and this means the maximum position you will take in a day manually is two and take your profits or losses as they come.

For this method all i will do is put your account on VPS(An environment that allows trades to go on your platform even if you close your computer and you don't even have to be connected to the internet).

You only pay a monthly subscription of N6,500(about usd35) for accounts from 1usd to usd2999 and the N6,500 includes the VPS fee for a month and the subscription. Any account of usd3,000 and above will be subject to a payment of 30% commission on profits.

2.100% automated trading: You don't have to lift a finger, just go about your life and do other profitable stuffs while you trade profitably.

Same subscription as explained above.

You will have the choice to pick any of 3 risk levels,5% daily risk exposure which can give average of 10% profit a month/
10% daily risk which can give average of 20% a month
15% daily risk which can give average of 30% a month.


I also give great commission to people who refer friends to use this system and you will get N1,000 each and every month on any one who subscribed to this system through for accounts below 3,000usd and you will get 15% monthly commission on profits made on any account above usd3k referred by you.

Lets make money together in a steady and realistic way.

For more info you can e-mail: forexrefuge@yahoo.com or call 09098760399

Remember:If you subscribe and after one month you are not satisfied with the performance, i will refund your money or come here to call me a scam.

Not everyone can trade manually and even me with all my knowledge can not due to indiscipline so lets be wise and stop losing money. If you have tried manual trading so many times and failed then using a good trading method is the best way to go either as comparison to your personal trade decision or as 100% trade module.Forex trading is not about pride or ego,its about making a success out of it which ever route we take. No one knows it all
I'm grateful for your reply,considering the fact that I want to go into it newly,the second option appeal more to me.
When and how do I go about the registeration process?
Thanks.
Re: Forex Trading - Season 15 by Nobody: 5:43pm On Jan 17, 2015
check my reasons for using stop loss. one has been proven.

https://www.nairaland.com/1575908/forex-trade-alerts-season-14/49
Re: Forex Trading - Season 15 by L2CD766: 5:47pm On Jan 17, 2015
tom29reloaded:
check my reasons for using stop loss. one has been proven.

https://www.nairaland.com/1575908/forex-trade-alerts-season-14/49
tom can i get ur fb/ msil
Re: Forex Trading - Season 15 by Nobody: 6:05pm On Jan 17, 2015
imagine a trader using leverage 1:10 or 1:30, with stop loss & 2 to 5% exposure of equity - now tell me how u go get magin call in dat CHF sunamy?
Re: Forex Trading - Season 15 by joelreg(m): 6:15pm On Jan 17, 2015
Please can we talk very important

Thanks







natruetalk:

i agree with you mate. i respect saxo bank so much for them to be affected no be joke o.

and some one will come & tell us compounding without withdrawer for like 5 year is the best grin if you have vast knowledge about financial mkt you should know that anything can happen at any time, all this firm will only be telling you what you want to hear.

there was a news weeks ago an investment company director ran away with clients millions of dollar (will look 4 the link to post later) so it always good to be wise when participated on financial mkt.

i have be constantly withdrawing my gain monthly basis for re-inventing on stock mkt because of something like this and am happy doing so.

immediately after d news of chf on Thursday i requested for 90% of my fund with d broker. on a normal day i receive my cash within 3 hrs when i pay extra $30 charges but that service was cancel now. on my binary account i withdrawn everything on thurday and d money landed safely in my account.
Re: Forex Trading - Season 15 by Nobody: 6:22pm On Jan 17, 2015
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Re: Forex Trading - Season 15 by L2CD766: 6:50pm On Jan 17, 2015
the more crises and wars, the better for
trading, cause it sparks up volatility.
It takes a lot of political effort to unite
economies under one currency. So, I don't see
a united currency in asia or africa any time
soon. Also it might not be desirable, as can be
seen in the EU. Economies at different
production levels. Greece would desperately
need a devaluation in order to be able to
increase exports.
And having only a world currency will from my
current understanding of economics never ever
happen. There is a reason for currencies to
exist. If your local economy goes down, your
currency goes down as well, making your
exports cheaper which sparks up economic
activity. Currencies are a way of regulating and
balancing economies.
As for currency trading, this will also never
end, traders and speculators are needed for
proper functioning of the markets. They might
decrease leverage further, but trading will
never end.
And, there are always currency futures to
speculate on as well.

1 Like

Re: Forex Trading - Season 15 by L2CD766: 7:16pm On Jan 17, 2015
honeric01:


Thanks sir but i don't need a broker sir.
grin Good evening sire
Re: Forex Trading - Season 15 by honeric01(m): 7:26pm On Jan 17, 2015
L2CD766:
grin Good evening sire

I salute sir
Re: Forex Trading - Season 15 by fxstory(m): 8:08pm On Jan 17, 2015
tom29reloaded:


it is true bro. i know about 4 traders here that trade above a 100k account of theirs here but dese are d same set dat will preach forex will always be there. is all lies. the end is getting closer than u think for d small boys . truth is dat it started in US where Congress legislated a 1:10 leverage. A time is coming where u can only trade only ur capital. Example you deposit real 10,000$ and trade 50 cents or 1$ per pip etcetera. Is not going to be biz as usual. leverage is what makes forex attractive to tiny equity traders.

Wish I have $1000 , I would have compound to at least 2 million naira come ending of dis year & if they like they can close d market am not bothered at all.
don't keep deceiving yourself.the market will always be there.even if they require people to have 100000 dols to start, it will always be there.anyone who can't continue, its a free exit.so you have to do your part by taking what the market gives you without being necessarily greedy.if 1000 dols is that easy to come by, trust me you would have deposited it and keep making same mistake.learn from your mistakes and do the right thing.

4 Likes

Re: Forex Trading - Season 15 by L2CD766: 8:40pm On Jan 17, 2015
fxstory:
don't keep deceiving yourself.the market will always be there.even if they require people to have 100000 dols to start, it will always be there.anyone who can't continue, its a free exit.so you have to do your part by taking what the market gives you without being necessarily greedy.if 1000 dols is that easy to come by, trust me you would have deposited it and keep making same mistake.learn from your mistakes and do the right thing.
word!

2 Likes

Re: Forex Trading - Season 15 by Nobody: 9:19pm On Jan 17, 2015
fxstory:
don't keep deceiving yourself.the market will always be there.even if they require people to have 100000 dols to start, it will always be there.anyone who can't continue, its a free exit.so you have to do your part by taking what the market gives you without being necessarily greedy.if 1000 dols is that easy to come by, trust me you would have deposited it and keep making same mistake.learn from your mistakes and do the right thing.

bro u just fall my hand. $1000 hmm d beginning of boring forex trading for Tom. dat is free +$1000 profit d first 3 months
Re: Forex Trading - Season 15 by Toks2008(m): 9:29pm On Jan 17, 2015
soultender:

I'm grateful for your reply,considering the fact that I want to go into it newly,the second option appeal more to me.
When and how do I go about the registeration process?
Thanks.


I will be sincere with you all.

It saddens my heart that Many Nigerian youths want to make money but forex trading in my opinion is only for people with huge equity because if you think you can start this business with 100usd,200usd or even 500usd then you had better have the patience of a saint because just one trade error and the whole money is gone no matter how good you think you are.

Having made this point, i would like you to know Soultender that your profit expectation is dependent on the risk used and though i am experimenting a 15% daily risk at the moment which gave about 50% last month, i will not suggest more than 10% maximum risk a day even if its high,it seems to be the logical risk to use for small equities below usd3k

So if you are thinking of investing anything less than usd1k then don't expect more than an average of 20/30% profit monthly but with compounding interest can be over 4k in 12months.

But if you want to start with small equity like 500usd then i don't know how you will reconcile the fact that you will be expected to earn about 20/30% of that and also pay N6500 from that and pay your bills from there too.

So the bottom-line is that whether you want to use the system for manual or 100% automation, starting with not less than usd1k will make sense so that when you make like 30% of that in a month it will make sense to you.

People want to pay their bills trading fx and only bigger equity can help you achieve that.

So if you are ready soul tender you can call me.

Thanks
Re: Forex Trading - Season 15 by Mack3N: 9:30pm On Jan 17, 2015
cool
Re: Forex Trading - Season 15 by Mack3N: 9:31pm On Jan 17, 2015
sir Ogboraph....i see you o,which way....happy newyr
Re: Forex Trading - Season 15 by VeeVeeMyLuv(m): 4:32pm On Jan 18, 2015
@ Fxstory, well said, @Tomreloaded you never cease to amaze me always lighting up the house with your comical posts.

2 Likes

Re: Forex Trading - Season 15 by 12ema: 5:46pm On Jan 18, 2015
FOR THE NEWBIES: WHEN NOT TO PLACE/EXIT A TRADE.

I know you are gearing up for a new trading week, and i'm sure you are ready to pounce at the slightest opportunity your trading strategy mandates you to. Before you place a trade this week, i need you to be conscious of these killers to your success.

1. Praying that the trade will be a winner. The moment you pray, or wish that the trade will be fruitful, then you might as well not place the trade. You are basically calling on emotions that have no bearing on forex trading or any business for that matter. Google does not wish or pray for profit, they follow a well thought out business module which ultimately guarantees them profits consistently. There is no miracle waiting to happen, or fairy god mother sitting on the sidelines ready to grant your wish. Your strategy must and should be mechanical in nature, where there are set parameters for entry and exit at all times.

2. Urging an ongoing trade. I cannot count the number of times i did this as a newbie. I would place a trade with ridiculous leverage and the moment the trade begins to go against me i start to cheer the trade to go my way. Instead of closing it as soon as possible, i begin to develop a weird brave belief that the trade will turn in my favor. You know what? it never does.

3. Someone said so. This one is the worst. You have no idea of the "someones" strategy, MM, RR, but you take the advice anyway. Might as well just light a match to your money and set it on fire.

4. Changing strategies at whim. Since we all know that strategies don't work all the time and that it needs time to meet it's probability criteria, then why not give it time. If the strategy you used yesterday, is not the one you are about to use today, then stop, backtest for a while and come back. Have you ever wondered why during ongoing (case in point, ducascopy) forex competitions, the same trader never wins all the time? That should open your eyes to the impact of strategies and probability. Your strategy will never win all the time.

Goodluck.

http://www.axitrader.com/files/pdf/The-Definitive-Guide-to-Building-a-Winning-Forex-Trading-System.pdf

1 Like

Re: Forex Trading - Season 15 by Sirkay78(m): 8:04pm On Jan 18, 2015
12ema:


Know this; As a retail trader, your job is not to know the why or how price moves. Your job is to observe and exploit a particular pattern on your chart which occurs consistently or occasionally, using very responsible money management techniques. Listening to news is tantamount to predicting/analyzing price. You don't need all that. You'll only get hyped and worked up for nothing. Think about it. You know price regularly bounces at a particular support or resistance point. So, let's say your strategy is to buy or sell at those points, what has news got to do with it? The only way to make money with that hypothetical strategy or any strategy for that matter, is to continue pulling the trigger whenever the strategy's tested parameters are met. CONSISTENTLY. Regardless of news, price will always do what it wants to do. Just follow it. 'nuff said.
Thanks

3 Likes

Re: Forex Trading - Season 15 by bedfordng(m): 12:23am On Jan 19, 2015
Toks2008:



I will be sincere with you all.

It saddens my heart that Many Nigerian youths want to make money but forex trading in my opinion is only for people with huge equity because if you think you can start this business with 100usd,200usd or even 500usd then you had better have the patience of a saint because just one trade error and the whole money is gone no matter how good you think you are.

Having made this point, i would like you to know Soultender that your profit expectation is dependent on the risk used and though i am experimenting a 15% daily risk at the moment which gave about 50% last month, i will not suggest more than 10% maximum risk a day even if its high,it seems to be the logical risk to use for small equities below usd3k

So if you are thinking of investing anything less than usd1k then don't expect more than an average of 20/30% profit monthly but with compounding interest can be over 4k in 12months.

But if you want to start with small equity like 500usd then i don't know how you will reconcile the fact that you will be expected to earn about 20/30% of that and also pay N6500 from that and pay your bills from there too.

So the bottom-line is that whether you want to use the system for manual or 100% automation, starting with not less than usd1k will make sense so that when you make like 30% of that in a month it will make sense to you.

People want to pay their bills trading fx and only bigger equity can help you achieve that.

So if you are ready soul tender you can call me.

Thanks


at times people learn the hard way.its good to test the waters and see things for yourself so you can prepare and come back to try again.

1 Like

Re: Forex Trading - Season 15 by Sirkay78(m): 12:43am On Jan 19, 2015
I just bought uj daily bullish engulfing

Re: Forex Trading - Season 15 by Davidcruze(m): 1:52pm On Jan 19, 2015
who day house :Dwho day house
Re: Forex Trading - Season 15 by jamace(m): 8:03pm On Jan 19, 2015
Today dry o. Where is everybody?
Re: Forex Trading - Season 15 by drpips1(m): 8:18pm On Jan 19, 2015
Just sold G.U @ 1.51283 with a 50 points target.........
Re: Forex Trading - Season 15 by Nobody: 9:29pm On Jan 19, 2015
jamace:
Today dry o. Where is everybody?

Martin Luther King day, the yanks are on holiday.
Re: Forex Trading - Season 15 by mez(m): 1:36am On Jan 20, 2015
Dax has been on an upward movement. Currently at an all-time high.
Re: Forex Trading - Season 15 by jamace(m): 2:13am On Jan 20, 2015
naijababe:


Martin Luther King day, the yanks are on holiday.
Ok. Thanks.
Re: Forex Trading - Season 15 by ykpuffy(m): 3:56am On Jan 20, 2015
naijababe:


Martin Luther King day, the yanks are on holiday.

Hello Madam, what's ur view on the indices direction today?
Re: Forex Trading - Season 15 by drpips1(m): 6:59am On Jan 20, 2015
drpips1:
Just sold G.U @ 1.51283 with a 50 points target.........


Target hit and profit taken- netpips banked +50 points
Re: Forex Trading - Season 15 by drpips1(m): 9:43am On Jan 20, 2015
tom29reloaded:
imagine a trader using leverage 1:10 or 1:30, with stop loss & 2 to 5% exposure of equity - now tell me how u go get magin call in dat CHF sunamy?

if a trader with low capital is using a leverage of 1:10/30, then he is a retail trader with little or no collateral in the market because the forex market is so gigantic that only big players would afford the margin of standard lots($100,000), are allowed to participate without leveraging, which is the reason brokers exist for retail traders and speculators, with the leverage in question, a trader is likely to go into margin call faster in ratio of the capital existing in the account

In Forex trading, a small capital deposit can control a much larger contract value. Leverage gives forex trader the capacity to make
extraordinary profits and at the same time keep risk capital to a minimum.
Forex broker may offer 200 to 1 leverage, which means that a $500 dollar margin deposit would enable a trader to buy or sell $100,000
worth of currencies. a pip is said could be a 0.0001 units consequently, if you made 100pips as profit it means you made (0.0001 X 100 = 0.01) as your profit , this does not make any sense at all, and that’s where leverage comes in, leveraging instruments is a powerful tool that makes Forex trading very attractive and this is how it functions; If I have $500 for instance, a leverage of 1:200 will itself with the deposit $500 making it $100, 000, now let’s calculate the value of my one pip (0.0001) that will be 0.0001 X 100,000 = 10.0, therefore my pip value is capable of becoming $10 per pip!, there is another trading variable called the lot size, the $10 per pip stated above is the pip value of one standard lot or numerically written as 1.0 lots, meaning if you made the same 100pips used in the previous example, instead of having a $0.01 profit now you have a deposit of $500, yielding (10.0 per pip X 100pips = $1000 profits banked making a total balance of $1500 in your account balance
Re: Forex Trading - Season 15 by ephisi(m): 9:49am On Jan 20, 2015
Pls i need to know the most reliable nigerian forex brokers right now, especially after the swiss franc catastrophy

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