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Forex Trading - Season 15 - Business (36) - Nairaland

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Re: Forex Trading - Season 15 by dagr8(m): 3:46pm On Feb 04, 2015
willscolf:
mat fit later dey pain 4 yansh,make i bring vita foam join
bros make i join you for this vitafoam abeg grin, interesting
Re: Forex Trading - Season 15 by frenchman2: 3:54pm On Feb 04, 2015
raycolz84:
Okay guys am back but am not going to bore you anymore with long stories

......... months later i was ready to trade my first live account
i remember vividly
i started with 720 dollars, but your guess is as good as mine, i blew that account in a week and 3 days
na that time my eye clear,
and that was when i was formally introduced to the real world of forex
but then i was too involved to let go, just like many of us forex was already in the blood
i had passion for this thing called forex, so i had to go the extra mile to learn it my way...



sir, i thought your uncle was 'holding you by the hand', or wasnt he a successful trader then?
Re: Forex Trading - Season 15 by ForexRaider(f): 4:10pm On Feb 04, 2015
The story dun end?
Re: Forex Trading - Season 15 by Karleb(m): 4:12pm On Feb 04, 2015
frenchman2:


sir, i thought your uncle was 'holding you by the hand', or wasnt he a successful trader then?

His demo account grew from 5k to 68k in a day, which means he was using something like a 1:50 or more leverage = bad money management.
Re: Forex Trading - Season 15 by Nobody: 4:15pm On Feb 04, 2015
frenchman2:


sir, i thought your uncle was 'holding you by the hand', or wasnt he a successful trader then?

No matter who holds you and how, as one learning driving sitting on the steering all by yourself is always different from having someone by your side asking you to fire, slow, turn steering, reverse, etc.

1 Like

Re: Forex Trading - Season 15 by seyejohn94: 4:42pm On Feb 04, 2015
This thread is becoming increasingly interesting...
Re: Forex Trading - Season 15 by infofirst(m): 5:00pm On Feb 04, 2015
Why una dey rush nah... let him finish d gist. Me still dey wait for d concluding part so as to pick one or two lessons.
@Frenchman....At such stage, newbies hardly wait for d oga by his side.
Re: Forex Trading - Season 15 by raycolz84: 5:16pm On Feb 04, 2015
frenchman2:


sir, i thought your uncle was 'holding you by the hand', or wasnt he a successful trader then?


Nice question...
my uncle was not too good with money management
he was that type that can make thousands and lose them even on live account
though he had a good strategy
hence i said forex is personal, like i said i discovered what worked for me personally and that is what has been working for me till date
Re: Forex Trading - Season 15 by raycolz84: 5:19pm On Feb 04, 2015
Karleb:


His demo account grew from 5k to 68k in a day, which means he was using something like a 1:50 or more leverage = bad money management.


seems you did not read it very well, it was not in a single day i hit the 68k, but then it was not just bad money management, but WORST money management.... Lol, i blew my first live account after that
Re: Forex Trading - Season 15 by Nobody: 5:29pm On Feb 04, 2015
Dear all,
I have been asking for help on advice of reliable, efficient and trustworthy brokers.
Am I asking the wrong question or asking at the wrong place?
Re: Forex Trading - Season 15 by FOREXMARTS: 5:32pm On Feb 04, 2015
I read some posts and laughed, you must not know how to manufacture a car to drive one, to sew a cloth to wear one, to design a house to build one. If i wanna drive a G.Wag I buy a G.Wag if i can afford it, i don't need to be a mechanic to do that.

Let's so a little hypothetical study.
Two traders set out in January to find their edge in the forex market with $2,000 each.

Trader A is of the opinion that only fake traders ask people to pay for a signal service and they don't trade but make a living from people's subscription fees so he say he will set out to find his edge and won't subscribe.

Trader B learns about a subscription service that costs let's say $100 dollars per month and guarantees only 400 pips monthly, he funds his account with $1,000, takes the risk and subscribes.
He opens a demo account to practice and find his trading edge too but uses subscription on the live account. Luckily for him every month he is 400 pips up and he maintains a lot size of a pip to a dollar.

TEN MONTHS LATER
Trader A, well we know the regular outcome, jumping from one forum to another, from MACD to Stochastic to Ma to renko to rsi to u name them.

Trader B has 4000 pips which is $4,000+$1,000(initial capital) totaling $5,000-$1000(10 months subscription fee)=$4,000 gross profit and $3,000 net profit.

All these while he was still practising to find his edge.

Who was wiser at the end of the year? Will leave that to u to decide.

Please if believe you shouldn't pay for a subscription service and so on then don't buy a car, clothes, phones, electronics and so on, work hard, find ur own edge and make them urself (smiles) if u can't then stop fooling urself with that "only broke poor traders go about selling things to forex traders, only a schmuck will agree with that.

If you think hedge finds, inter bank traders and mega fund managers don't subscribe to paid signal services, premium need feeds and insider tips then ur in the dark. Let me ask u a question, why does market spike or jump in news releases? Those who subscribed to those paid informations have already loaded up positions and already know the outcome while ur busy struggling with loading forexfactory calendar lol. Even Bloomberg has a paid Android app and a free one lol i guess Bloomberg must be a very poor and hungry man and oh Niall Fuller too to name a few. (this post is officially directed to no one in particular)

If you are a struggling trader, too busy for for screen time and can afford my service, take the risk, subscribe. We have 5 different packages you can choose from.

Call Or whatsapp 081 856 135 28 for enquiries. Let's keep pipping and let em keep talking.
And oh yes we did +120 pips before 1am today.

Once again I greet you all.
Re: Forex Trading - Season 15 by FOREXMARTS: 5:35pm On Feb 04, 2015
honeric01:


You met in person or?

Oh no. Got some un warranted e-insults from him free of charge lol.
Re: Forex Trading - Season 15 by fxbomovi: 5:49pm On Feb 04, 2015
FOREXMARTS:
I read some posts and laughed, you must not know how to manufacture a car to drive one, to sew a cloth to wear one, to design a house to build one. If i wanna drive a G.Wag I buy a G.Wag if i can afford it, i don't need to be a mechanic to do that.

Let's so a little hypothetical study.
Two traders set out in January to find their edge in the forex market with $2,000 each.

Trader A is of the opinion that only fake traders ask people to pay for a signal service and they don't trade but make a living from people's subscription fees so he say he will set out to find his edge and won't subscribe.

Trader B learns about a subscription service that costs let's say $100 dollars per month and guarantees only 400 pips monthly, he funds his account with $1,000, takes the risk and subscribes.
He opens a demo account to practice and find his trading edge too but uses subscription on the live account. Luckily for him every month he is 400 pips up and he maintains a lot size of a pip to a dollar.

TEN MONTHS LATER
Trader A, well we know the regular outcome, jumping from one forum to another, from MACD to Stochastic to Ma to renko to rsi to u name them.

Trader B has 4000 pips which is $4,000+$1,000(initial capital) totaling $5,000-$1000(10 months subscription fee)=$4,000 gross profit and $3,000 net profit.

All these while he was still practising to find his edge.

Who was wiser at the end of the year? Will leave that to u to decide.

Please if believe you shouldn't pay for a subscription service and so on then don't buy a car, clothes, phones, electronics and so on, work hard, find ur own edge and make them urself (smiles) if u can't then stop fooling urself with that "only broke poor traders go about selling things to forex traders, only a schmuck will agree with that.

If you think hedge finds, inter bank traders and mega fund managers don't subscribe to paid signal services, premium need feeds and insider tips then ur in the dark. Let me ask u a question, why does market spike or jump in news releases? Those who subscribed to those paid informations have already loaded up positions and already know the outcome while ur busy struggling with loading forexfactory calendar lol. Even Bloomberg has a paid Android app and a free one lol i guess Bloomberg must be a very poor and hungry man and oh Niall Fuller too to name a few. (this post is officially directed to no one in particular)

If you are a struggling trader, too busy for for screen time and can afford my service, take the risk, subscribe. We have 5 different packages you can choose from.

Call Or whatsapp 081 856 135 28 for enquiries. Let's keep pipping and let em keep talking.
And oh yes we did +120 pips before 1am today.

Once again I greet you all.
u have said it all. Kudos
Re: Forex Trading - Season 15 by raycolz84: 5:51pm On Feb 04, 2015
To the newbies,
forex is no cake's walk
am not trying to scare you guyz or something
a lot of people still lose money till tomorrow
others just trade demo account becos of the love they have for trading

And that is why some people get their daily bread from selling signals for 5,000 naira
some signals are even as cheap as 2500 naira grin

Others would deceive unsuspecting victims that they would manage their account for them
and end up blowing the accounts, because their hard earned personal money is not involved

in everything we still have decent and sincere traders that are actually making the dollars
even here on FTA...

so newbies make una shine una eyes well well ooo

4 Likes

Re: Forex Trading - Season 15 by raycolz84: 6:09pm On Feb 04, 2015
FOREXMARTS:
I read some posts and laughed, you must not know how to manufacture a car to drive one, to sew a cloth to wear one, to design a house to build one. If i wanna drive a G.Wag I buy a G.Wag if i can afford it, i don't need to be a mechanic to do that.

Let's so a little hypothetical study.
Two traders set out in January to find their edge in the forex market with $2,000 each.

Trader A is of the opinion that only fake traders ask people to pay for a signal service and they don't trade but make a living from people's subscription fees so he say he will set out to find his edge and won't subscribe.

Trader B learns about a subscription service that costs let's say $100 dollars per month and guarantees only 400 pips monthly, he funds his account with $1,000, takes the risk and subscribes.
He opens a demo account to practice and find his trading edge too but uses subscription on the live account. Luckily for him every month he is 400 pips up and he maintains a lot size of a pip to a dollar.

TEN MONTHS LATER
Trader A, well we know the regular outcome, jumping from one forum to another, from MACD to Stochastic to Ma to renko to rsi to u name them.

Trader B has 4000 pips which is $4,000+$1,000(initial capital) totaling $5,000-$1000(10 months subscription fee)=$4,000 gross profit and $3,000 net profit.

All these while he was still practising to find his edge.

Who was wiser at the end of the year? Will leave that to u to decide.

Please if believe you shouldn't pay for a subscription service and so on then don't buy a car, clothes, phones, electronics and so on, work hard, find ur own edge and make them urself (smiles) if u can't then stop fooling urself with that "only broke poor traders go about selling things to forex traders, only a schmuck will agree with that.

If you think hedge finds, inter bank traders and mega fund managers don't subscribe to paid signal services, premium need feeds and insider tips then ur in the dark. Let me ask u a question, why does market spike or jump in news releases? Those who subscribed to those paid informations have already loaded up positions and already know the outcome while ur busy struggling with loading forexfactory calendar lol. Even Bloomberg has a paid Android app and a free one lol i guess Bloomberg must be a very poor and hungry man and oh Niall Fuller too to name a few. (this post is officially directed to no one in particular)

If you are a struggling trader, too busy for for screen time and can afford my service, take the risk, subscribe. We have 5 different packages you can choose from.

Call Or whatsapp 081 856 135 28 for enquiries. Let's keep pipping and let em keep talking.
And oh yes we did +120 pips before 1am today.

Once again I greet you all.



so how are we sure the signal trader B would get will guarantee the 400 pips monthly

Mr forexmart can you mention 5 traders on this forum, (FTA) that can say your so called daily 120pips is for real
and when i say traders, i mean names that are known here, we don't want to see a week old, or even a month old moniker
and we don't want to see screeshots of some invincible traders on whatzapp
Re: Forex Trading - Season 15 by Owliver(m): 6:14pm On Feb 04, 2015
^ FXM/RAY 1.1695 there's a bearish pin bar now. Let's watch out for FXM fundamental release. Sh't just got real grin grin grin
Re: Forex Trading - Season 15 by FOREXMARTS: 6:19pm On Feb 04, 2015
raycolz84:




so how are we sure the signal trader B would get will guarantee the 400 pips monthly

Mr forexmart can you mention 5 traders on this forum, (FTA) that can say your so called daily 120pips is for real
and when i say traders, i mean names that are known here, we don't want to see a week old, or even a month old moniker
and we don't want to see screeshots of some invincible traders on whatzapp

Lol he's calling me out. He took the bait. Well let me satisfy you, I don't need to prove anything to you and I am not asking for approval on the profitability and workability of my signal service. It is what it is. Get used to it Sir. You don't need to take my posts serious if it ain't relevant to you.

Just make money kawai.
Re: Forex Trading - Season 15 by Shevychen2: 6:23pm On Feb 04, 2015
Option C is always available too. Keep the supposed $2k in your bank account and research a trading edge. Trade it judiciously on demo for two months and deploy half the amount in a live account. If you are able to replicate the demo results in your live account, you will be better than most wannabe traders in that 10 months. What happens if the person you are subscribing to his signals becomes unavailable before you have learnt to trade live? Close the account? Lol. Many people will proceed to blowing it. Forex trading is a career. You cant become a doctor by paying someone to read for you. Treat it as a business and learn the ropes yourself. Look whatever jare ..

9 Likes

Re: Forex Trading - Season 15 by raycolz84: 6:25pm On Feb 04, 2015
MY second question to you Mister Forexmart
if you can conviniently give your Trader B 3000 dollars in ten months
what is stopping you from giving yourself 9000 dollars in the stipulated time
how you may want to ask, if you are so sure of yourself and pips making
you can simply take a loan from the nearest bank or any micro-finace bank
if funding is your problem
Better still you did not fall from the sky, you have family and friends, that can borrow you money
at least you are sure of paying back quickly since you are the god of forex

but many of us have been in the market long enough, to know that no one has monopoly of this forex market
market can mess you up at any given time,
we have seen cases of brokers crying, not to talk of a mere trader
so young man keep deceiving yourself with your daily 120 pips per day
na people wey go fall mugu i dey pity for

1 Like

Re: Forex Trading - Season 15 by Kirinwa: 6:30pm On Feb 04, 2015
I have already made over 800 pips and counting this week.

forexdollars@hotmail.com
Re: Forex Trading - Season 15 by raycolz84: 6:31pm On Feb 04, 2015
FOREXMARTS:


Lol he's calling me out. He took the bait. Well let me satisfy you, I don't need to prove anything to you and I am not asking for approval on the profitability and workability of my signal service. It is what it is. Get used to it Sir. You don't need to take my posts serious if it ain't relevant to you.

Just make money kawai.


You are a real coward, since you could not quote me all this while
guilty conscience has been worrying you since that is why you posted that long rubbish of trader A and B
don't worry you would soon be disgraced like the others
its just a matter of little time
Re: Forex Trading - Season 15 by FOREXMARTS: 6:34pm On Feb 04, 2015
raycolz84:
MY second question to you Mister Forexmart
if you can conviniently give your Trader B 3000 dollars in ten months
what is stopping you from giving yourself 9000 dollars in the stipulated time
how you may want to ask, if you are so sure of yourself and pips making
you can simply take a loan from the nearest bank or any micro-finace bank
if funding is your problem
Better still you did not fall from the sky, you have family and friends, that can borrow you money
at least you are sure of paying back quickly since you are the god of forex

but many of us have been in the market long enough, to know that no one has monopoly of this forex market
market can mess you up at any given time,
we have seen cases of brokers crying, not to talk of a mere trader
so young man keep deceiving yourself with your daily 120 pips per day
na people wey go fall mugu i dey pity for

Lol thanks, am encouraged, just make money. Well you could insult me all u want from the other end.

Smart traders join us, make this money while u learn, 081 856 135 28.
Re: Forex Trading - Season 15 by FOREXMARTS: 6:42pm On Feb 04, 2015
Shevychen2:
Option C is always available too. Keep the supposed $2k in your bank account and research a trading edge. Trade it judiciously on demo for two months and deploy half the amount in a live account. If you are able to replicate the demo results in your live account, you will be better than most wannabe traders in that 10 months. What happens if the person you are subscribing to his signals becomes unavailable before you have learnt to trade live? Close the account? Lol. Many people will proceed to blowing it. Forex trading is a career. You cant become a doctor by paying someone to read for you. Treat it as a business and learn the ropes yourself. Look whatever jare ..

I have to reply you because for once u gave a constructive and smart reply, C is a conservative option too and nothing wrong with that. At the end of the day out boils down to the individual, nice one.

Nb: am not trying to prove anything to anyone, i don't need to cos it's not relevant. I have been here for years, from season 1, no one here has come to say i collected a dime from him talk less of not giving value for money but we are all entitled to our opinions.

Once again nice option C.
Re: Forex Trading - Season 15 by FOREXMARTS: 6:45pm On Feb 04, 2015
Kirinwa:
I have already made over 800 pips and counting this week.

forexdollars@hotmail.com

Fire down bro, i like that.
Re: Forex Trading - Season 15 by FOREXMARTS: 6:47pm On Feb 04, 2015
raycolz84:



You are a real coward, since you could not quote me all this while
guilty conscience has been worrying you since that is why you posted that long rubbish of trader A and B
don't worry you would soon be disgraced like the others
its just a matter of little time

Lol thanks, loving this he he he he he, e-bashing 101
Re: Forex Trading - Season 15 by martog: 6:49pm On Feb 04, 2015
Owliver:
WELCOME TO FOREX TRADE ALERTS SEASON 15 ................................................... A big thanks to our Creator for the gift of life. 2014 gave birth to new and wonderful traders. we fought, argued and even traded insults but still made the family stronger, And those moments are worth remembering. As we start a new year and new season green pips shall rain on us with consistency. Please let us cultivate the habit of ignoring anyone who derails the purpose of the thread to keep the thread in sane mode. I thank and wish natruetalk naijababe infofirst raycolz84 benpuzzy sojman kirinwa fxbomovi forexmarts seyejohn94. Omejoe endfx dboy365 JAkpayen 12ema drpips1 iheanyiebeneze melac mez willscolf birikiti pipsurgeon wapmaster001 mikkeyj ponzi jamace honeric01 surveycash currentprice Gbengazzee Edd1e and every other un-mentioned traders. HAPPY NEW YEAR..................................................... please Do Not Quote. Thank you grin

@Oliver, sorry am quoting you, I wanted to refresh the memory of traders in the house. Long live FTA, long live Nairaland.

2 Likes

Re: Forex Trading - Season 15 by willscolf: 7:17pm On Feb 04, 2015
raycolz84:




so how are we sure the signal trader B would get will guarantee the 400 pips monthly

Mr forexmart can you mention 5 traders on this forum, (FTA) that can say your so called daily 120pips is for real
and when i say traders, i mean names that are known here, we don't want to see a week old, or even a month old moniker
and we don't want to see screeshots of some invincible traders on whatzapp
@forexmart,raycolz84 requested 4 d above,present dem 2 d house nd proof ur credibility
Re: Forex Trading - Season 15 by Owliver(m): 7:20pm On Feb 04, 2015
martog:


@Oliver, sorry am quoting you, I wanted to refresh the memory of traders in the house. Long live FTA, long live Nairaland.
Glad you did as a remindersmiley . Good evening sire.
Re: Forex Trading - Season 15 by Nobody: 7:24pm On Feb 04, 2015
If you want a reliable and trustworthy broker in Nigeria, then hit this http://www.forextime.com/?partner_id=4900129 and register.
noblezone:
Dear all,
I have been asking for help on advice of reliable, efficient and trustworthy brokers.
Am I asking the wrong question or asking at the wrong place?
Re: Forex Trading - Season 15 by Nobody: 7:27pm On Feb 04, 2015
I am still in need of suggestions for a reliable, efficient and honest broker.

Or is there a rule against such suggestions?
Re: Forex Trading - Season 15 by Mack3N: 7:29pm On Feb 04, 2015
noblezone:
I am still in need of suggestions for a reliable, efficient and honest broker.

Or is there a rule against such suggestions?
try hotforex or xm....i use hotforex.
Re: Forex Trading - Season 15 by Nobody: 7:32pm On Feb 04, 2015
HOLY GRAIL !!! HOLY GRAIL !!! HOLY GRAIL !!! 100% profit in 2 MONTHS... lets go.
I have a holy grail and have decided to make available free. I will even freely send the signal to your phone number.
SIMPLY fund your account with forextime http://www.forextime.com/?partner_id=4900129 this MONTH of FEBRUARY and MARCH and text to my phone 07088124883 and 08039469395 ...
(a) Your name
(b) Your mt4 Login number or MYFXTM number
(c) Amount you funded
(d) Your state of residence.


NOTE;

1. You MUST Make this forextime account ONLY for this holy grail.
2. You must follow my Sound Money management.
3. I will REFUND your money if you follow me RELIGIOUSLY and fail to DOUBLE your account in 2 months.
4. Also free seminar comes up in all the weekends in September and October 2015 at Lagos, Enugu, Kano, Benue, Port-Harcourt, Bauchi, Benin City and Abuja.

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