you can ask for guidance and i will show you freely

some facts
1. capital below 1000$ is not advisable
2. there are two types of traders a gambler and a pro
3. trading everyday does not make you a forex trader
4. trading small timeframes will burn you out in the long run and you will gamble and get frustrated
5. In Nigeria forex trading has been abused by fraudsters
6. Pros target 5- 20% monthly while gamblers target 100% in a short period and end up with zero
7. The market is dynamic so you have to follow it wisely
8. you can earn 10-15% easily monthly with 5-10 trades a month
9. using high lot sizes in trading is worse than lotto
10. trading without good market knowledge is a waste of resources

if you have ventured into trading before and had no success you can look at the above facts and know where you went wrong. the market is open 24/5 but does not mean you dont sleep

in tis thread i will answer your questions and any form of marketing will lead to mod invitation

I ve a question;
what if am on a 5m chart and l opened a trade and the trade was going in my directon, do have to close it manually or allow it run.

@anticorruption: am a complete new person to forex trade but I am interested in it. Can u help out pls?

Achimaechi:
I ve a question;
what if am on a 5m chart and l opened a trade and the trade was going in my directon, do have to close it manually or allow it run.

if you do all your analysis on a small timeframe like 5m
you are likely a scalper chasin small profits. on the long term you will loose

you can close manually. if yoi want to trade for a living . learn how to trade bigger timeframes

ayommy12:
@anticorruption: am a complete new person to forex trade but I am interested in it. Can u help out pls?

http://www.babypips.com/school

also.watch videos on how to place trades on metatrader 4 on youtube

Anticorruption:


http://www.babypips.com/school

also.watch videos on how to place trades on metatrader 4 on youtube

up to middle school is enough forget the rest for now

Op, in a simple words what am i to consider during market analysis?

From what time frame do u advise one should use for trading

@op i have been hearing about this forex and binary but i dont know anyting on it, i have even watched videos still not getting it, if u are in lagos, i will like u to teach me one on one, abeg let me profit from this online stuff, i have pm u

emmanuelbrown26:
@op i have been hearing about this forex and binary but i dont know anyting on it, i have even watched videos still not getting it, if u are in lagos, i will like u to teach me one on one, abeg let me profit from this online stuff, i have pm u

not based in lag

send mail imabinary at gmail com

princeadams11:
From what time frame do u advise one should use for trading

from 15min up

the target is to make 30-40 percent monthly with very low risk


till people take forex as a biz they will always struggle

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When Land, Labor, Water, and the periodics of Weather is employed to create a Product / Farm Produce, and the Produce is processed for the Market; then an Agribusiness Value-Chain is said to be created by each block of activity that arrived at the market. Consider the following blocks:
a.) Land, Labor, Water, Weather
(especially agricultural land / private estates in Lagos / Ogun axis)
b.) Produce
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Each block however is supposed to be interrelated and interdependent for the actual Value of the Chain to be harnessed.
FOREX is earning foreign exchange like dollars, pounds sterling, Euro, etc for trading in such currencies or trading products for such currencies.
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Strengthening the Value-Chain itself is the duty of the citizens not the government.
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PatrikStacy:
I am completely agree with your share and about gambling especially. I was losing a lot of money with trading I was earning 20% and then losing 35%. I really couldn`t stop because of my greediness. And I am not educated enough in economics for successful trading. I found the way to earn money with my greediness. I buy best forex signals. The biggest part of the signals which I buy is right.

Dude do you have a lot of money?

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