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Forex Trading - Season 15 - Business (180) - Nairaland

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Re: Forex Trading - Season 15 by EmmanuelD1st(m): 7:46am On Jun 28, 2015
Cul4real:
A forex Manager promise 50% profit weekly on account of $1000 deposit and his commission also will be 50% of profits made. Pls how sound is this to professionals in the house? I need your advice.
Compounding 50% of the promised profit will imply equity has to go up with over 500% monthly grin Sir, in less than 6 months you are in millions of dollars grin Fact: if he makes 50% profit weekly, he should be visiting one exotic place after the other and have no business or time managing other people's account. My advice, go get a brand new sneakers and run as far as it can carry you.

4 Likes

Re: Forex Trading - Season 15 by EmmanuelD1st(m): 8:01am On Jun 28, 2015
fxbomovi:
ask for proofs at least!
Mr. Cul4real...Don't waste your time considering the bolded.
Re: Forex Trading - Season 15 by Nobody: 8:22am On Jun 28, 2015
This guy has something to say about EURUSD and the Monday Market Open:
http://www.lmax.com/blog/global-fx-insights/2015/06/28/greece-crisis-and-the-monday-open/?audio

Good money-n!
Re: Forex Trading - Season 15 by fxbomovi: 10:52am On Jun 28, 2015
EmmanuelD1st:
Mr. Cul4real...Don't waste your time considering the bolded.
it's very much possible to make 50% profit in a week, but it is not consistent!

don't forget this is Forex where everything is possible.
Re: Forex Trading - Season 15 by ayox2003: 11:14am On Jun 28, 2015
Cul4real:
A forex Manager promise 50% profit weekly on account of $1000 deposit and his commission also will be 50% of profits made. Pls how sound is this to professionals in the house? I need your advice.

I would advice that you don't invest in such enticing deals. Mathematically, it would mean that you'd make $13,000 in a year from your $1000 - 1300%. Does it really make sense to you? Even Franklin Templeton, Dan Zanger or Timothy Sykes would not promise you 13% in a year.

Please run, else your money would be used to buy a long-horned ram after Ramadan.


Frawzey
Re: Forex Trading - Season 15 by Nobody: 11:28am On Jun 28, 2015
Tomorrow go bloody die, the dax is projected to open almost 500 points down, Dow 300 points down and ftse 200 points down. I am so glad I did not leave my positions open over the weekend.
Re: Forex Trading - Season 15 by ayox2003: 11:39am On Jun 28, 2015
ziqqz:
This guy has something to say about EURUSD and the Monday Market Open:
http://www.lmax.com/blog/global-fx-insights/2015/06/28/greece-crisis-and-the-monday-open/?audio

Good money-n!


Thanks for sharing. However, looking closely at the charts and tuning down on the news, EURUSD has been in a box since Wednesday because of the impending GREXIT. Chart says its looks bearish anyway as the market closed with a dark cloud cover and could not close above 1.1167 (white line) as Support now becomes Resistance on a 1 Hour Chart.


Frawzey

Re: Forex Trading - Season 15 by Gorimakpa1: 11:46am On Jun 28, 2015
Cul4real:
A forex Manager promise 50% profit weekly on account of $1000 deposit and his commission also will be 50% of profits made. Pls how sound is this to professionals in the house? I need your advice.
tear race...lemme help you borrow Bolt leg
Re: Forex Trading - Season 15 by jamace(m): 12:46pm On Jun 28, 2015
Gorimakpa1:

tear race...lemme help you borrow Bolt leg
grin grin
Re: Forex Trading - Season 15 by EmmanuelD1st(m): 1:17pm On Jun 28, 2015
fxbomovi:
it's very much possible to make 50% profit in a week, but it is not consistent!

don't forget this is Forex where everything is possible.
Sir, No doubt any and everything is possible with FX and nothing is guaranteed. And it's a good thing you added "BUT" to your post, "but" it's very much possible that one could lose 50% of account equity weekly until a margin call while aiming to achieve 50% profit weekly...IMO One can ONLY achieve ridiculous percentage of profits within a short period of time using high leverage and also when you're in the right side of what happened with the swiss franc on january the 15th.
Re: Forex Trading - Season 15 by Nobody: 1:48pm On Jun 28, 2015
ayox2003:


I would advice that you don't invest in such enticing deals. Mathematically, it would mean that you'd make $13,000 in a year from your $1000 - 1300%. Does it really make sense to you? Even Franklin Templeton, Dan Zanger or Timothy Sykes would not promise you 13% in a year.

Please run, else your money would be used to buy a long-horned ram after Ramadan.


Frawzey

At 50% per week I think something is wrong with the maths you came up with for the one year earnings. Trust me, it's a whole lot more!
On the other hand, from my little experience trading since 2009, I can tell you that 1300% in one year is very possible, even if you're so careful that you choose to trade with a 33:1 leverage. Just depends on strategy and emotion and money management.

ayox2003:



Thanks for sharing. However, looking closely at the charts and tuning down on the news, EURUSD has been in a box since Wednesday because of the impending GREXIT. Chart says its looks bearish anyway as the market closed with a dark cloud cover and could not close above 1.1167 (white line) as Support now becomes Resistance on a 1 Hour Chart.


Frawzey

I agree with you, if I understand you right. If we both are of the opinion that EUR is gonna be digging deep to find gold, then I'm sure that's exactly what I was trying to imply by gladly sharing the link smiley
Re: Forex Trading - Season 15 by mrikay: 4:20pm On Jun 28, 2015
naijababe:
Tomorrow go bloody die, the dax is projected to open almost 500 points down, Dow 300 points down and ftse 200 points down. I am so glad I did not leave my positions open over the weekend.

Gold should go up
Re: Forex Trading - Season 15 by Karlebolu(m): 5:14pm On Jun 28, 2015
Hi... I need some explanation on this.

Why is the NFP news that's supposed to be released every last Friday of the month now slated for this week Thursday?

Re: Forex Trading - Season 15 by currentprice: 5:25pm On Jun 28, 2015
Karlebolu:
Hi... I need some explanation on this.

Why is the NFP news that's supposed to be released every last Friday of the month now slated for this week Thursday?


US bank holiday on Friday
Re: Forex Trading - Season 15 by Nobody: 8:02pm On Jun 28, 2015
EBS quoting EURUSD 1.09650, 1.09850 vs 1.1160 on Friday Close

Re: Forex Trading - Season 15 by Nobody: 8:41pm On Jun 28, 2015
So far, as it stands yet at least, I'm glad to announce that I am winning my case for a GBPUSD fall

Quoting at 1.5690
Re: Forex Trading - Season 15 by Karlebolu(m): 8:50pm On Jun 28, 2015
currentprice:



US bank holiday on Friday

Thanks boss.
Re: Forex Trading - Season 15 by fxbomovi: 8:59pm On Jun 28, 2015
ziqqz:
EBS quoting EURUSD 1.09650, 1.09850 vs 1.1160 on Friday Close
I c eu hitting 1.0470 and lower
Re: Forex Trading - Season 15 by Karlebolu(m): 10:00pm On Jun 28, 2015
Can someone explain what just happened to GDP/JPY? I mean it ain't an Euro pair now?
Re: Forex Trading - Season 15 by Nobody: 10:11pm On Jun 28, 2015
adeyinkabasir:


mehn i give up....just closed my GJ sell but holding GA sell

how market?

ask muhammed ali and abraham lincoln what they think about giving up...

i wish you'd stayed in, bro!
Re: Forex Trading - Season 15 by Nobody: 10:16pm On Jun 28, 2015
Wait wait wait pls!

Is it my eyes or did EJ actually just open about 400pips down??

I pray sleep will overtake my eyes now and help me to stand aside and watch the magic unfold.

I'm not really sure if it's financially healthy to get involved with this chaos right now.

Abeg I dey go watch horror film for mnet
Re: Forex Trading - Season 15 by docus: 10:16pm On Jun 28, 2015
na wa o. this greece stuff affect other pairs o. not only euro
Re: Forex Trading - Season 15 by AK284(m): 10:23pm On Jun 28, 2015
chai this kind fall wei Euro and as the train don already pass ojota how i go fit enter now?

@Ziqqz
you won a very risky game bro!
Re: Forex Trading - Season 15 by Nobody: 10:29pm On Jun 28, 2015
AK284:
chai this kind fall wei Euro and as the train don already pass ojota how i go fit enter now?

@Ziqqz
you won a very risky game bro!

I'm glad I did. I opted to take on the risk because the Greece situation was only too bleak from my standpoint.

In any case, I'm still aware that taking such risks is dangerous to the health of my account. It won't be happening again anytime soon wink
Re: Forex Trading - Season 15 by Nobody: 10:50pm On Jun 28, 2015
fxbomovi:
I c eu hitting 1.0470 and lower

Can't question your sight right now: EU is sinking; EJ plummeting; and they are taking many others along too! I'm standing aside.

But I'm also waiting to see anybody here who has the audacity to offer us a trade call amidst this utter chaos that is still on Gear 1.

Those of una wey get mind, abeg make una dey let us know how una wan take navigate dis kind market.

Gurus! How marketi??
Re: Forex Trading - Season 15 by Nobody: 11:14pm On Jun 28, 2015
To think that I sold the Dow. Dax, GJ, GU and EA on Friday but decided to close everything around 2pm on Friday? Trading really is a biatch lipsrsealed
Re: Forex Trading - Season 15 by Nobody: 11:24pm On Jun 28, 2015
I think no one will be buying too much of EUR today, neither will they sell JPY which is now considered a safe haven.

Therefore, I have found and entered some decent short positions from 134.50 and below EURJPY.

Couldn't just resist the urge to join this party. cool
Re: Forex Trading - Season 15 by AK284(m): 11:37pm On Jun 28, 2015
i am very sure thing will be clearer in the morning but testing market with usd/cad(sold @1.23419) make i no just sit down dey look
Re: Forex Trading - Season 15 by Nobody: 1:04am On Jun 29, 2015
Sydney and Tokyo just walked in the building like a pair of nut heads! shocked

Seems like they aren't quite pleased the party's been banging without them undecided

I wonder if they're here now to crash the party or accelerate the gbedu sad



The bastardz just crashed my party cry
Re: Forex Trading - Season 15 by AK284(m): 3:18am On Jun 29, 2015
ziqqz:
Sydney and Tokyo just walked in the building like a pair of nut heads! shocked

Seems like they aren't quite pleased the party's been banging without them undecided

I wonder if they're here now to crash the party or accelerate the gbedu sad



The bastardz just crashed my party cry




Eeya sorry ehen pele!!! wink wink wink
Re: Forex Trading - Season 15 by AK284(m): 3:20am On Jun 29, 2015
Monday suppose be serious work oooo but as Greece con dey change everything now,wetin i won trade for this monday morining?
Re: Forex Trading - Season 15 by Capitals: 3:21am On Jun 29, 2015
ziqqz:


Can't question your sight right now: EU is sinking; EJ plummeting; and they are taking many others along too! I'm standing aside.

But I'm also waiting to see anybody here who has the audacity to offer us a trade call amidst this utter chaos that is still on Gear 1[/i].

[i]Those of una wey get mind, abeg make una dey let us know how una wan take navigate dis kind market.

Gurus! How marketi??

The beauty of markets, seeing different perspectives yield a profit. Admire what you are doing, I m one of them who don't believe day traders make money in forex, so you can imagine how humbled I am seeing a day trader actually churning in profits. But its still quite early for me to jettison my notion that day traders dont make reasonably consistent profits over lenghty periods of time.
That said, I m buying as you see, and its doing great

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