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Forex Trading - Season 15 - Business (249) - Nairaland

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Re: Forex Trading - Season 15 by Jamesrock(m): 9:52am On Aug 12, 2015
jorel1:

Lol its funny grin grin grin, the kind of loss that will make you cry from inside...
main priority should be how much are you willing to lose and not how much are you willing to make.
Please Be Sincere, Which Is Greater? Profit Or Loss?
Re: Forex Trading - Season 15 by Sunnycliff(m): 9:54am On Aug 12, 2015
After a very long while...
Re: Forex Trading - Season 15 by Nobody: 10:00am On Aug 12, 2015
Profit is greater for 5% traders,(they have SOUND TRADING STRATEGY couple with PRUDENT MONEY MANAGEMENT.)
But LOSS is greater for 95% traders(they do not have trading strategy and money management is zero.)
Jamesrock:
Please Be Sincere, Which Is Greater? Profit Or Loss?
Re: Forex Trading - Season 15 by Jamesrock(m): 10:11am On Aug 12, 2015
iheanyiebeneze:
Profit is greater for 5% traders,(they have SOUND TRADING STRATEGY couple with PRUDENT MONEY MANAGEMENT.)
But LOSS is greater for 95% traders(they do not have trading strategy and money management is zero.)
Well, lets c what GOD wnts, i wnt 2 start wit $100 and my stockbroker is cityprimefx
Am yet 2 go 4 d training though , bt everything sha nah dis month, i already hav little knowledge of fxtrade
Re: Forex Trading - Season 15 by jorel1(m): 10:35am On Aug 12, 2015
Jamesrock:

Well, lets c what GOD wnts, i wnt 2 start wit $100 and my stockbroker is cityprimefx
Am yet 2 go 4 d training though , bt everything sha nah dis month, i already hav little knowledge of fxtrade

you dont neccesarily have to bring divinity in the matter, forex has a spirit of its own..could be evil or good depending
i wouldnt recommmend you to be so quick in depositing $100 free gift to your supposed broker.
study the market behavior with the chart using a demo account. use your cash for something else, when you are good enough with your broker ,strategy then you can deposit real money, which you will still lose anyway until you master emotional control and discipline.
It takes time

1 Like

Re: Forex Trading - Season 15 by Jamesrock(m): 10:43am On Aug 12, 2015
jorel1:


you dont neccesarily have to bring divinity in the matter, forex has a spirit of its own..could be evil or good depending
i wouldnt recommmend you to be so quick in depositing $100 free gift to your supposed broker.
study the market behavior with the chart using a demo account. use your cash for something else, when you are good enough with your broker ,strategy then you can deposit real money, which you will still lose anyway until you master emotional control and discipline.
It takes time
Thanks For This Sincere Advice, i will think about it...
Re: Forex Trading - Season 15 by Nobody: 10:45am On Aug 12, 2015
Trade hit BE. It is better to exit on BE than stop loss.
iheanyiebeneze:
Morning trade...buy usdchf now @0.98250 take 50pips, rrr=1;1
Buy again @ 0.9800. take 100pips
Re: Forex Trading - Season 15 by Nobody: 11:00am On Aug 12, 2015
The problem with humans is that they don't want to learn from the mistakes of others. For your information this market is designed in such a way that it is anti human behavior, and as my friend will put, " you must behave like a monkey to catch a monkey." You must behave in 'anti human way' to make it in forex trading.
Please keep your $100 and trade with demo account. The proponents of this Forex trading made available demo account for training and mastering the nitty gritty of the market. As soon as you start making profit with your demo account, you can now trade with your REAL money.
SAVE YOUR $100 NOW, PLEASE AM BEGGING YOU.
Jamesrock:

Well, lets c what GOD wnts, i wnt 2 start wit $100 and my stockbroker is cityprimefx
Am yet 2 go 4 d training though , bt everything sha nah dis month, i already hav little knowledge of fxtrade
Re: Forex Trading - Season 15 by Shevychen2: 11:10am On Aug 12, 2015
brainbucks:


Although, they said if there had been a problem with the transfer, it would have reverted back to them. Now I'm eying my bank with suspicion. I was assigned a new account's officer and after his investigation he is sure that the transfer has not reached the bank.


Nawa o.. That's bad on their part if they confirmed that the money is yet to reach the bank. Just have patience.
Re: Forex Trading - Season 15 by Sunnycliff(m): 11:16am On Aug 12, 2015
iheanyiebeneze:
The problem with humans is that they don't want to learn from the mistakes of others. For your information this market is designed in such a way that it is anti human behavior, and as my friend will put, " you must behave like a monkey to catch a monkey." You must behave in 'anti human way' to make it in forex trading.
Please keep your $100 and trade with demo account. The proponents of this Forex trading made available demo account for training and mastering the nitty gritty of the market. As soon as you start making profit with your demo account, you can now trade with your REAL money.
SAVE YOUR $100 NOW, PLEASE AM BEGGING YOU.


My brother no amount of success in demo can guarantee you success in life trading. You can't build emotional control on a demo. Life account has a spirit. My advice to the guy is to use $50 and trade at 0.01 lot size consistently for a month. that would suffice in building his emotions
Re: Forex Trading - Season 15 by Jamesrock(m): 11:19am On Aug 12, 2015
iheanyiebeneze:
The problem with humans is that they don't want to learn from the mistakes of others. For your information this market is designed in such a way that it is anti human behavior, and as my friend will put, " you must behave like a monkey to catch a monkey." You must behave in 'anti human way' to make it in forex trading.
Please keep your $100 and trade with demo account. The proponents of this Forex trading made available demo account for training and mastering the nitty gritty of the market. As soon as you start making profit with your demo account, you can now trade with your REAL money.
SAVE YOUR $100 NOW, PLEASE AM BEGGING YOU.
Thanks 4 d sincere advice, but i wnt 2 ask what if i av a blood relation, who is an expert/stockbroker and who wants me 2 go and start trading coz he's gonna put me tru,.
Should I Accept Or Turn Down The Offer ?
Sori 4 d 2 many question, i jst wnt 2 b sure of myself
Re: Forex Trading - Season 15 by Jamesrock(m): 11:23am On Aug 12, 2015
Sunnycliff:



My brother no amount of success in demo can guarantee you success in life trading. You can't build emotional control on a demo. Life account has a spirit. My advice to the guy is to use $50 and trade at 0.01 lot size consistently for a month. that would suffice in building his emotions
.
OK,
Re: Forex Trading - Season 15 by jorel1(m): 11:34am On Aug 12, 2015
GBPAUD , retracement or reversal?
Re: Forex Trading - Season 15 by Nobody: 12:00pm On Aug 12, 2015
Shevychen2:


Nawa o.. That's bad on their part if they confirmed that the money is yet to reach the bank. Just have patience.

I doesn't has a choose now, does I? In fact, patience is having me right now.
Re: Forex Trading - Season 15 by Nobody: 12:05pm On Aug 12, 2015
greetings to fellows in the house.

ogboralph and iheanyiebeneze i see you guys are making the greens more than the reds, greetings
Re: Forex Trading - Season 15 by Nobody: 12:11pm On Aug 12, 2015
iheanyiebeneze:
The problem with humans is that they don't want to learn from the mistakes of others. For your information this market is designed in such a way that it is anti human behavior, and as my friend will put, " you must behave like a monkey to catch a monkey." You must behave in 'anti human way' to make it in forex trading.
Please keep your $100 and trade with demo account. The proponents of this Forex trading made available demo account for training and mastering the nitty gritty of the market. As soon as you start making profit with your demo account, you can now trade with your REAL money.
SAVE YOUR $100 NOW, PLEASE AM BEGGING YOU.

emotions cant be trained with demo, its one of the main cause of losses
Re: Forex Trading - Season 15 by Shevychen2: 12:11pm On Aug 12, 2015
Shevychen2:
EJ, GJ, EN all within sell territories.. Watching price movement for the next few hours.


EJ refused to give signal before time.. EN took my 100 pips Stop Loss but the rest are doing fine cool

Re: Forex Trading - Season 15 by Shevychen2: 12:16pm On Aug 12, 2015
Jamesrock:

Thanks 4 d sincere advice, but i wnt 2 ask what if i av a blood relation, who is an expert/stockbroker and who wants me 2 go and start trading coz he's gonna put me tru,.
Should I Accept Or Turn Down The Offer ?
Sori 4 d 2 many question, i jst wnt 2 b sure of myself

The way you are sounding ehn... Better stay away from this business until you have learnt it inside out. Demos are considered useless only when you can't train yourself to see the paper money as your own. Demo for at least 2 months then put that your money in a micro account. If you don't have hopes of riding a jeep in a few months with $100 you can shed that your fear and become a good trader over the next 12 months.

1 Like

Re: Forex Trading - Season 15 by Nobody: 12:19pm On Aug 12, 2015
Jamesrock:

Thanks 4 d courage...

No courage involved. Truth gotta be told.

It's good to appreciate the advise you've received from some folks here so far. Yet I personally feel that they're still sugar-coating bitter truth in a bid to encourage you. NOBODY WILL ENCOURAGE YOU AS MUCH AS YOUR OWN PERSONAL CONVICTION, SUFFERING, LOSSES, SWEAT, SLEEPLESS NIGHTS AND TEARS, AMONGST OTHERS.

Now, unless your resort to divinity will grant you supernatural discernment to shortcut the years upon years required to even scratch a tip of the forex iceberg, dude, please be ready to endure at least 3 - 5 years of heartbreak (and when I say heartbreak I mean when you can literally see your heartbeat pumping outta your chest as your losses inevitably accumulate). You will see your hard-earned dollar running losses while you hold on and stare and hope it will turn to profit after some time. You will feel a hard lump in your throat and you will swallow that lump time and again. You will lose appetite. Your mood will be controlled (like your DSTV remote control) by when you're losing or gaining.

After years of suffering comes the experience that no amount of money can buy (or, well, maybe all the losses you make are the cost of the invaluable experience you would have earned). Remember, through every dark night, there's a brighter day after that. But until you earn, "EARN", that experience by yourself, all the advise you seek here, all the guru blood relatives you have, all the dreams of profits you nurture, all the enthusiasm you might have, all of that, all na theory my guy.

If you go through all the hell and you don't waiver, ignoring those that WILL mock you and call you foolish, keeping steadfast in your faith and mastering forex by every painful experience you stack, I promise you, you will collect all your losses over the years in a few months after. You will smile, and you will know that in every tear you shed, there was a lesson leading you to the sweet oh sweet days when you will be withdrawing profits and buying all those good stuff you only used to see on the internet.

"A river cuts through rock, not because of its power, but because of its persistence."

6 Likes

Re: Forex Trading - Season 15 by NOTRIBE: 12:52pm On Aug 12, 2015
SELL GBP/JPY
STOPLOSS 194.889
TAKEPROFIT 192.21



SELL USD/CASD
STOPLOSS...1.3161
TAKEPROFIT..1.29942


For more.....https://www.nairaland.com/2519659/forex-trading..made-easy
Re: Forex Trading - Season 15 by Ogboraph(m): 1:00pm On Aug 12, 2015
iheanyiebeneze:
The problem with humans is that they don't want to learn from the mistakes of others. For your information this market is designed in such a way that it is anti human behavior, and as my friend will put, " you must behave like a monkey to catch a monkey." You must behave in 'anti human way' to make it in forex trading.
Please keep your $100 and trade with demo account. The proponents of this Forex trading made available demo account for training and mastering the nitty gritty of the market. As soon as you start making profit with your demo account, you can now trade with your REAL money.
SAVE YOUR $100 NOW, PLEASE AM BEGGING YOU.
This is a very wrong advice. i have seen more than 10people who just trade demo in all their life and never actually trade live account and till today they know nothing on forex trading. they see it as waist of time and GAMBLING; because the started it the wrong way.


Sunnycliff:

My brother no amount of success in demo can guarantee you success in life trading. You can't build emotional control on a demo. Life account has a spirit. My advice to the guy is to use $50 and trade at 0.01 lot size consistently for a month. that would suffice in building his emotions
100% correct sir. First go learn the theory of Forex Trading e.g from www.babypips.com then learn the practical on your PC explore you MT4 ply with it very well to know every indicators and how to open chart and position. Then do demo trading for just maximum two weeks to know how to place all kind of trade pending orders, buy stop buy limit, sell stop, sell limit and how to use trailing stop all practical on demo for just two weeks and not more that two week every day do it. then follow analysis you have learn theoretically. then you are good to go with our signal and money management. thank welcome once again

1 Like

Re: Forex Trading - Season 15 by jorel1(m): 1:11pm On Aug 12, 2015
Ogboraph:
This is a very wrong advice. i have seen more than 10people who just trade demo in all their life and never actually trade live account and till today they know nothing on forex trading. they see it as waist of time and GAMBLING; because the started it the wrong way.


100% correct sir. First go learn the theory of Forex Trading e.g from www.babypips.com then learn the practical on your PC explore you MT4 ply with it very well to know every indicators and how to open chart and position. Then do demo trading for just maximum two weeks to know how to place all kind of trade pending orders, buy stop buy limit, sell stop, sell limit and how to use trailing stop all practical on demo for just two weeks and not more that two week every day do it. then follow analysis you have learn theoretically. then you are good to go with [b]our signal and money management. thank welcome once again [/b]

you are just a businessman, what is the point learning to trade if you still gonna depend on some unguaranteed signals.
Even if as a beginner i never traded with a demo account (which made me lose almost $25000 so far while looking for the holy grail) i wouldnt advice my enemy to do so.
why would you use real cash for trial and error while building a system which could take months to years..
are you kidding me - 2 weeks??(dont give unrealistic advice or hopes all becos u want to sell signals) common
real cash only comes into play when your system is good to go.

In trading, there is no need to rush as the market will be there forever doing the same thing all over again.
Re: Forex Trading - Season 15 by Shevychen2: 1:15pm On Aug 12, 2015
Advice don dey fly up and down and "fishermen" are out in force looking for customers grin

A word is enough for...

1 Like

Re: Forex Trading - Season 15 by Nobody: 1:23pm On Aug 12, 2015
jorel1:


you are just a businessman, what is the point learning to trade if you still gonna depend on some unguaranteed signals.
Even if as a beginner i never traded with a demo account (which made me lose almost $25000 so far while looking for the holy grail) i wouldnt advice my enemy to do so.
why would you use real cash for trial and error while building a system which could take months to years..
are you kidding me - 2 weeks??(dont give unrealistic advice or hopes all becos u want to sell signals) common
real cash only comes into play when your system is good to go.

In trading, there is no need to rush as the market will be there forever doing the same thing all over again.

except for the signal aspect, his advice is on point. you need to master how to manage ur emotions very well.
Re: Forex Trading - Season 15 by dammylarey(m): 1:26pm On Aug 12, 2015
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Re: Forex Trading - Season 15 by mrikay: 2:02pm On Aug 12, 2015
i just entered a Nzd/Usd sell... Tp and SL are open... Trade will be closed manually later today.. Wish me luck!


I have decided to leave this trade open for now. The thing no gree waka!
Re: Forex Trading - Season 15 by Ogboraph(m): 2:47pm On Aug 12, 2015
jorel1:


you are just a businessman, what is the point learning to trade if you still gonna depend on some unguaranteed signals.
Even if as a beginner i never traded with a demo account (which made me lose almost $25000 so far while looking for the holy grail) i wouldnt advice my enemy to do so.
why would you use real cash for trial and error while building a system which could take months to years..
are you kidding me - 2 weeks??(dont give unrealistic advice or hopes all becos u want to sell signals) common
real cash only comes into play when your system is good to go.

In trading, there is no need to rush as the market will be there forever doing the same thing all over again.


You think like a Kid and you are so self centered.
1. I don't have a website that i give people signal and they pay me.
2. I have not ask any one to be paying Me while i send them signal if there is any one here please come out openly and tell every one here.
3. I never say he must or should always follow
MY SIGNAL , but I said OUR SIGNAL " then follow analysis you have learn theoretically. then you are good to go with our signal and money management " i simply mean he should follow what he has learn about market analysis how to Analise the market moves, e.g fundamental and technical. then combine and compare it with the signals we all are giving the new comers here then he is Good to go by his own judgment then execute his trade. Must I explain details?

1 Like

Re: Forex Trading - Season 15 by Nobody: 2:58pm On Aug 12, 2015
Ogboraph:


You think like a Kid and you are so self centered.
1. I don't have a website that i give people signal and they pay me.
2. I have not ask any one to be paying Me while i send them signal if there is any one here please come out openly and tell every on here.
3. I never say he must or should always follow [color=#990000]MY SIGNAL
, but I said OUR SIGNAL " then follow analysis you have learn theoretically. then you are good to go with our signal and money management " i simply mean he should follow what he has learn about market analysis how to Analise the market moves, e.g fundamental and technical. then combine and compare it with the signals we all are giving the new comers here then he is Good to go by his own judgment then execute his trade. Must I explain details? [/color]

una don start abi?? oya e don do...

let's face the matter at hand - making this money!
Re: Forex Trading - Season 15 by jorel1(m): 2:58pm On Aug 12, 2015
Ogboraph:


You think like a Kid and you are so self centered.
1. I don't have a website that i give people signal and they pay me.
2. I have not ask any one to be paying Me while i send them signal if there is any one here please come out openly and tell every on here.
3. I never say he must or should always follow [color=#990000]MY SIGNAL
, but I said OUR SIGNAL " then follow analysis you have learn theoretically. then you are good to go with our signal and money management " i simply mean he should follow what he has learn about market analysis how to Analise the market moves, e.g fundamental and technical. then combine and compare it with the signals we all are giving the new comers here then he is Good to go by his own judgment then execute his trade. Must I explain details? [/color]
Well, last time i checked being a self centred kid isnt a crime, so i take that to be a compliment from you. cheesy cheesy cool
Nevertheless thanks for your rebased statement and clarification. grin
Re: Forex Trading - Season 15 by jamace(m): 3:07pm On Aug 12, 2015
jorel1:
GBPAUD , retracement or reversal?
I think it is Reversal.
Re: Forex Trading - Season 15 by Theyjih: 3:19pm On Aug 12, 2015
jamace:
I think it is Reversal.

i see it as a retracement from the recent move from 2.08 -2.15 ..it actually stopped around 61.8 fib retracement.. currently buying at 2.1236 with my Sl @ 2.10***** with Tp open towards 2.18 .. due diligence can not be overemphasized.. the yuan devaluation also plays a key role in this movement .
Re: Forex Trading - Season 15 by currentprice: 3:25pm On Aug 12, 2015
brainbucks:


No courage involved. Truth gotta be told.

It's good to appreciate the advise you've received from some folks here so far. Yet I personally feel that they're still sugar-coating bitter truth in a bid to encourage you. NOBODY WILL ENCOURAGE YOU AS MUCH AS YOUR OWN PERSONAL CONVICTION, SUFFERING, LOSSES, SWEAT, SLEEPLESS NIGHTS AND TEARS, AMONGST OTHERS.

Now, unless your resort to divinity will grant you supernatural discernment to shortcut the years upon years required to even scratch a tip of the forex iceberg, dude, please be ready to endure at least 3 - 5 years of heartbreak (and when I say heartbreak I mean when you can literally see your heartbeat pumping outta your chest as your losses inevitably accumulate). You will see your hard-earned dollar running losses while you hold on and stare and hope it will turn to profit after some time. You will feel a hard lump in your throat and you will swallow that lump time and again. You will lose appetite. Your mood will be controlled (like your DSTV remote control) by when you're losing or gaining.

After years of suffering comes the experience that no amount of money can buy (or, well, maybe all the losses you make are the cost of the invaluable experience you would have earned). Remember, through every dark night, there's a brighter day after that. But until you earn, "EARN", that experience by yourself, all the advise you seek here, all the guru blood relatives you have, all the dreams of profits you nurture, all the enthusiasm you might have, all of that, all na theory my guy.

If you go through all the hell and you don't waiver, ignoring those that WILL mock you and call you foolish, keeping steadfast in your faith and mastering forex by every painful experience you stack, I promise you, you will collect all your losses over the years in a few months after. You will smile, and you will know that in every tear you shed, there was a lesson leading you to the sweet oh sweet days when you will be withdrawing profits and buying all those good stuff you only used to see on the internet.

"A river cuts through rock, not because of its power, but because of its persistence."


you have said it all,,,,, nothing but the plain truth grin

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