frenchman2:
bought nasdaq 4498
bought eurnzd and euraud at 1.5217 and 1.4152 respectively
NB: Nothing is guaranteed. Price could just do the opposite and rubbish my analysis.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES

closed all trades in profit except nasdaq -10

frenchman2:
hi folks,
went long on gbpusd, gbpcad, gbpaud audusd audcad
my chart tells me they will all close bullish this week> All trades taken based on weekly chart.
while i sold oil
let's see how they play out.
NB: Nothing is guaranteed. Price could just do the opposite and rubbish my analysis.

PRICE IS KING. FOLLOW IT WHEREVER IT GOES

just closed all trades in the bolded. they all went according to script and their weekly candle all closed bullish.
trade posted on monday.

Ok... I am Jaelelz. Gotten 9 years trading experience... @Frenchman2, I only want to enlighten and share my trading ability. When you trade for one month and recorded 90% of your closed market positive... Then am not a dude.

Note: Read this when i was doing a bit of research on sport betting money money management among other things..n tot i could share with u guys as most of the MM is applicable to trading...


How to manage your sports betting bankroll to win

You are betting too much on each game! How can I say that without even knowing you? Because I've been doing this for a long time and have spent a lot of time understanding money management. 99% of sports bettors are betting too much. Think not? Think again.

Would you "bet" 25% of your entire retirement account on a single stock that had a 40% chance of going to $0 tomorrow? Of course not. The reason is that variance can wipe you out. Then why are so many sports bettors willing to risk 20%+ of their bankroll on a single game? It's easy to risk too much without knowing it. Please read on to see why...

A Simple Proposition - Would You Take It?

If I offered you a 10% advantage in a game of chance (55% for you vs. 45%) for 500 bets, would you take that bet? Of course you would. Over the long haul (500 bets), the law of large numbers dictates that you would end up very close to 55% winners (275 winners vs. 225 losers).
If we were betting $100 per bet, you'd be up about $5,000 in the end. Easy money.
Now let's say that I had one constraint. I told you you could start with no more than $500 (your bankroll) and if you ran out of money, you couldn't re-load. In essence, I was forcing you to bet 20% of your bankroll on each bet. Would you still take it? Think you could still take me for $5,000?

You had better not! You are virtually guaranteed to go bankrupt in this situation. Over the long haul, you will come close to 55% winners - it's a mathematical certainty. But, over the short term, you are guaranteed nothing. Strange streaks will happen. They always do. Over 500 bets, you could easily go 5 or 10 bets in a row (or even more) without winning. You could go 2-18 during a 500 bet session. If I forced you to bet 20% of your bankroll, you'd be crazy to do it because I would take your money like taking candy from a baby.

Yet, in sports betting, most bettors routinely do the equivalent of taking this bet! Almost every sports bettor bets too much per game relative to the size of their bankroll. They don't think twice about laying half of their entire remaining bankroll on one week's NFL games. The conclusion is this...

Why The House Wins

THE HOUSE WINS BECAUSE YOU BET TOO MUCH PER GAME.
You run out of money before you have a chance to let the law of large numbers work for you. They are banking on your lack of discipline. That's the main reason (not bad picking) that most sports bettors lose and why The House laughs to the bank.

Check out this story as an illustration...

A Tale Of Two Sports Bettors

Risky John and Conservative Bob each started the season with $1000 - their bankroll. They both decided to play the same games throughout the season but they couldn't agree on how much to place on each game. John was more of a risk taker than Bob so John decided to bet about $200 per game (20% of his bankroll). Bob was more conservative and decided to risk about $50 per game (5% of his bankroll). Risky John figured that if he bet more, he could win more. And he was right. In week one, their picks went 4-2. John was up $360 while Conservative Bob only won $90. John was very pleased with himself.
Week 2 produced the exact same result. Risky John now had a $1720 bankroll while Conservative Bob was up to just $1180. John was very happy. He encouraged Bob to bet more but Bob wasn't so sure about that strategy. What if their luck started to turn? Risky John preferred to think positively. Besides, they were 8-4 and they knew what they were doing! The first two weeks had proved that.
But then came weeks 3 and 4 in which they went 2-4, 1-3. A bad run for sure, but not uncommon during a 16-week season. In fact, losing streaks are inevitable and guaranteed.
But then came weeks 3 and 4 in which they went 2-4, 1-3. A bad run for sure, but not uncommon during a 16-week season. In fact, losing streaks are inevitable and guaranteed during a season. Conservative Bob lost $235 while Risky John gave back $940. John now had a lower bankroll than Bob! John was now down to $780. Risky John felt the losing couldn't possibly continue so he stuck with his bet size of $200 per game. The next two weeks they went 2-2 and 1-3.
Guess what? Risky John was now virtually wiped out - down to $280. Bob, meanwhile lost $360 on the terrible four week run but still had $820 left over. One of them was virtually out of money, the other had over 80% of his original bankroll left.
What happened next? Well, John quit. And, the unfortunate four-week run was followed by a great 3-week run where Conservative Bob went 10-3 and another 8 weeks of hitting a very respectable 56% on average. Bob ended up the season at over $1300 - an increase of 30% on his initial bankroll.
The morale of this story is obvious but very few sports bettors practice it. Don't overextend yourself

naijababe:


Na Lagos to London you suppose do

Lagos to London ,he will need like 22 different passports.
This trekking drama is funny.
Me I don start my own trekking from my kitchen to my sitting room naijababe you go join me...

anigold:


Lagos to London ,he will need like 22 different passports.
This trekking drama is funny.
Me I don start my own t[b]rekking from my kitchen to my sitting room[/b] naijababe you go join me...

Before nko?

weekend analysis in progress...

pls house I need your help (I only have experience with PAMM accounts)

What is the correct lot size to use in exness ECN account (leverage 1:500) if the account only has 100USD in it.

Much Gratitude!

mrikay:
pls house I need your help (I only have experience with PAMM accounts)

What is the correct lot size to use in exness ECN account (leverage 1:500) if the account only has 100USD in it.

Much Gratitude!

0.01 lot

Jalive:

0.01 lot

Thanks so much

jaelelz:
Ok... I am Jaelelz. Gotten 9 years trading experience... @Frenchman2, I only want to enlighten and share my trading ability. When you trade for one month and recorded 90% of your closed market positive... Then am not a dude.

Are you a swing or scalper trader? You can join us In a Forex group on WhatsApp and also share your experience their. Cheers

Gearing up for the week!

Do you know that high leverage is responsible for 95% of failed traders?

Yes, with a leverage not more than 1:20 and a good trading strategy you will never lose your equity.

So join me as you use a low leverage to follow this live trading activity and tell me what you think. I know you all have your trading methods but just observe this and tell me what you think.

For those who emailed me to have access to the system i have sent this message earlier today but im pasting this here for those who i might have skipped their mails.

Dear friends,

Sorry for the delay in response as it was due to my busy schedule.

Please you can follow the real time trading activity bu downloading the instaforex mt4platform here https://www.instaforex.com/downloads.php

Use these log in details

Account number: 3599286
Password: 7t96Spb
Server: InstaForex-Cent2.com


Rules of trading:

1.Maximum of 6 positions a day which opens and closes before the end of the trading day and each position that comes up aims for maximum tp of 40pips but locks in 30pips.

2.You can only have maximum of 3 positions at any point in time during the trading day.

3.Just wait for a trade to come up at anytime during the trading day by checking just before the close of 30mins candle stick at anytime during the day and place your position in same direction of the open position.

4.You can adjust your tp to 10/20/30pips but do not alter the stop loss.

5.You can enter as many as all the positions as they come up each time aiming not more than 30pips.

6.When you see a pending order come up please place same with making sure you set your tp at 25pips maximum.

7.Use good money management and you can get the best result if you only keep to simple rules and use an account with leverage not more than 1:20 to avoid greedy lot trading.

8. Enjoy your profits.

Happy trading.

jamace:
GBP/AUD
SELL @ 1.96100
TP @ 1.94500
SL @ 1.97000

Leggo!

Trade closed in profit. Reverse signal sighted.

GBP/AUD
BUY @ 1.95630
TP @ 1.97200
SL @ 1.94300

Welcome to the new week.

second take profit hit on GOLD, thank GOD for patience.

iheanyiebeneze:
today is friday, just took a small buy on GOLD now at 1214.30. first tp= 1220.00 2nd tp=1227.60 rrr=1;1

my holy grail works everywhere

lawson007:
Looking to SELL ECAD from 1.3764 Sl =100 pips
hope to pick up 200pips from this trade.

Ecad doing just fine already,hoping to see it close effectively below 1.3687/84 before adding more trades.
maybe i will allow it run to it's end before taking profit..

I hate Monday mornings, see as i miss EA sell, no matter sha, my GJ sell is still rolling

iheanyiebeneze:
second take profit hit on GOLD, thank GOD for patience.my holy grail works everywhere

gud one bro,abeg rodger me dis ur holy grail naa make i take dey collect atleast 1:1.5 RR

You only open a Live account with forextime by hitting this link http://www.forextime.com/?partner_id=4900129 and i will send it to you

pocoapoco88:
gud one bro,abeg rodger me dis ur holy grail naa make i take dey collect atleast 1:1.5 RR

iheanyiebeneze:
You only open a Live account with forextime by hitting this link http://www.forextime.com/?partner_id=4900129 and i will send it to you

k

lol trade by barter

Sup guys can see the forum is doing well, just dropped by to say hi. Wishing you all more pips to your account

U are welcome

ehizmac:
Sup guys can see the forum is doing well, just dropped by to say hi. Wishing you all more pips to your account

Holding sells on EA and GJ

naijababe:
Holding sells on EA and GJ

careful on the gj

hegelian:


careful on the gj

Thanks.......bu I see it going back to 185xx before thundering back to 189xx if it does

usdcad ready to sell

Jalive:
BUY USDCAD @ 1.19930
TAKE PROFIT @ 1.21300
STOP LOSS @ 1.19389

TAKE PROFIT HIT @ 1.21300
135 PIPS PROFIT