Forex Trade Alerts Season 17 - Business (140) - Nairaland
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| Re: Forex Trade Alerts Season 17 by Nobody: 2:07pm On Aug 10, 2017 |
Pipsbasketings: hi, when you say shuffling, what do you mean exactly? adding new pairs or closing older ones? |
| Re: Forex Trade Alerts Season 17 by Nobody: 2:12pm On Aug 10, 2017 |
hi everyone. sorry i could not respond to the emails i got earlier due to the fact that i decided not to drop signals anymore because of the hate i was getting from forumites at the time. i would say this,i am not a forex trader, i am a gamlber. well, i would like to think a profitable one at that. i left core currency trading and stuck with crypto and oil trading. they, to me fit my expectation and how i like to see my equity grow. |
| Re: Forex Trade Alerts Season 17 by Nobody: 4:58pm On Aug 10, 2017 |
it means decision making: taking off the ripened ones (good or bad) and sowing or adding more aonag: |
| Re: Forex Trade Alerts Season 17 by Nobody: 5:02pm On Aug 10, 2017 |
I have just offloaded my basket and will post my detailed result soon. In order for you to prepare to join me with the new basket opening, I will wait till tmao to start it..........A new basket loading will start tmao and basket shuffling comes up at about 10pm naija time after the close of the day. Okuda: |
| Re: Forex Trade Alerts Season 17 by Nobody: 5:17pm On Aug 10, 2017 |
Thank you for your matured mind, let me talk about the bolded. 1. For any of my trades in the basket that goes positive far above 100.0 pips and returns negative even to hit stoploss, I let be. It means it is not my trade and I let it go. If the trade is meant for me, it would stay until my harvesting signal. 2. When trailing stops or adjusting stoploss, one tends to limit the flow of price; I do not know if you have noticed that when price goes up say to +120.0 it may return to +30.0 and then rallies to +350.0. This time if you have moved your stoploss to +100.0 after the price hits +120.0, you get stopped out at your stoploss (+100.0) when it is on its way down +30.0. Here you have a profit of +100.0 but at the same time has limited your potential of having the +350.0 pips...........It simply means you cannot eat your cake and have it. All be it, your advice is one of the bests, I used to do it and seldom do it too.........below is a picture to depict unclenna:
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| Re: Forex Trade Alerts Season 17 by Nobody: 5:25pm On Aug 10, 2017 |
I have closed my basket. I would have loved to open up a new one by the end of today but would wait till tmao just before the close of tmaos trade. Attached is my result of the trading account that I started on the 26th of Last month. 1 Like
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| Re: Forex Trade Alerts Season 17 by Okuda(m): 5:33pm On Aug 10, 2017 |
Pipsbasketings: ok bros. joining you. |
| Re: Forex Trade Alerts Season 17 by tafrica(m): 5:41pm On Aug 10, 2017 |
where are old time forex traders in this room, like roxay5 or something and several others? There was this lady, I think based abroad also. I've always followed FTA for years, though not a trader, May be one day. To traders, good job and wishing you greens in Accra. pipbasketing, you're a boss |
| Re: Forex Trade Alerts Season 17 by Okuda(m): 6:18pm On Aug 10, 2017 |
pipbasketing you are a boss indeed. anybody who wants to look for the best fx copy trade solution or signal its him but the problem with the people here is that most of you are on demo or strugglimg with 60dollars account that may not be able to even cover 4 trades. lmao! 1 Like |
| Re: Forex Trade Alerts Season 17 by Moneyyy: 6:19pm On Aug 10, 2017 |
How market? |
| Re: Forex Trade Alerts Season 17 by Okuda(m): 6:24pm On Aug 10, 2017 |
Pipsbasketings: how much did you start with on this account you are using to trade at the moment? is it a new account or is it your normal account you have been using? if you dont wish to say its fine. i just want to know how much i can load on mine tonight to join you tomorrow. |
| Re: Forex Trade Alerts Season 17 by wickyyolo: 6:51pm On Aug 10, 2017 |
All the newbies want to join pipbasketing train. I don't want to be left back Let me fund my demo account also.  |
| Re: Forex Trade Alerts Season 17 by Okuda(m): 7:31pm On Aug 10, 2017 |
wickyyolo: only if you knew...  |
| Re: Forex Trade Alerts Season 17 by Nobody: 7:33pm On Aug 10, 2017 |
Modified Sure I will say, The thing is that we traders will never be comfortable with one broker, if one is actually comfortable at the moment, after some points we want to taste something better. In other words, though I have traded with several brokers, but most of them want you to lose your money with them so I have switched several times from one broker to another, reason why this looks kind of new to me..........I do not want to mention any broker here cos they benefit me nothing for advertising them by naming them only. In short, it is a new account as I took all my fund from the previous Okuda: |
| Re: Forex Trade Alerts Season 17 by Okuda(m): 8:39pm On Aug 10, 2017 |
Pipsbasketings: try swiss brokers |
| Re: Forex Trade Alerts Season 17 by Nobody: 9:20pm On Aug 10, 2017 |
| Re: Forex Trade Alerts Season 17 by Nobody: 10:54pm On Aug 10, 2017 |
Oh sorry, I just reread your post, I have been very busy so I skip-read your comment, now I understand. I started with $1k. To know what you can start with depends on the leverage provided to you by your broker, I always recommend a least of $1k for 1000:1 leverage; of course you know that for a lower leverage, you then need more than $1k. e.g. if for 500:1 leverage, you then need $2k Okuda: |
| Re: Forex Trade Alerts Season 17 by Okuda(m): 12:06am On Aug 11, 2017 |
Pipsbasketings: 1k sounds fair. tried to load my acc havent been credited yet. modified: was typing this when my deposit was confirmed... lets gooooo. |
| Re: Forex Trade Alerts Season 17 by wickyyolo: 7:47am On Aug 11, 2017 |
Having a large equity does not guarantee your success. I have watched account of 10k and above going down the drain. |
| Re: Forex Trade Alerts Season 17 by VeeVeeMyLuv(m): 8:21am On Aug 11, 2017 |
wickyyolo:neither does broker, broker is not after trader account neither are they the cause of trader losses, it is trader whom are responsible for their account status. |
| Re: Forex Trade Alerts Season 17 by amolak: 9:16am On Aug 11, 2017 |
wickyyolo:you know, some people lack money management. Let's say you have account of 10k with 0.1 lot, you can never have margin call |
| Re: Forex Trade Alerts Season 17 by redsox11: 9:25am On Aug 11, 2017 |
I've been busy with other things, going to catch up on the thread. Fewer trades ( scalping) )as I could only do part of London session. Ps: Noticed I could take several hit (SL) before 1 or 2 home run that I should really allow to run.
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| Re: Forex Trade Alerts Season 17 by Nobody: 9:34am On Aug 11, 2017 |
Equity ($)........Leverage.......Available Trading Volume ($) 100...............10,000:1...............1,000,000 200...............50,00:1...............1,000,000 500...............2,000:1...............1,000,000 1,000...............1,000:1...............1,000,000 2,000...............500:1...............1,000,000 5,000...............200:1...............1,000,000 10,000...............100:1...............1,000,000 Literarily What matters most is not the equity or leverage but the available trading volume. I would recommend a start-up of $100 only if we can find a broker that provides 10,000:1 leverage but none to the best of my knowledge. There are brokers that provide 2,000:1 leverage, hence I can recommend a start-up of $500 and also there are some that provide 1000:1 leverage, which will as well make me recommend a startup of $1,000 for that. My first and future goal as a trader is to hit a $10,000 startup equity so I can find brokers that provide just a 100:1 leverage for safety reasons and this is what forex trading professionals do. 2 Likes |
| Re: Forex Trade Alerts Season 17 by redsox11: 9:38am On Aug 11, 2017 |
My Bread and Butter. If it's not broken, don't fix it (Me trying out scalping on lower TF)... soliloquy. Trade Responsibly, live to trade another day.
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| Re: Forex Trade Alerts Season 17 by Shevychen2: 10:14am On Aug 11, 2017 |
Always funny when I see people looking for trading funds when there are arabs and asians all over the place looking for where to put money. If you have a decent trading system, open a PAMM or trady copy account on any of the popular platforms. Even Metatrader has such a feature but PAMM brings more money for the trader. With one year of CONSISTENT success you will grow your account to strong 5 figure dollar sums guaranteed, even if you opened the account with $300. Do it for 18-24 months and quit and start trading your healthy jumbo account for yourself. These people are delighted to see even 20% steady growth monthly. Some of the "pros" that come here to market claim to make 100% and more.. Makes you wonder The problem is that most people don't have belief in their system or have never had 6 months consistent success with it yet they will be looking for who to burn their money and who to learn with their money. I mentioned this a while ago and some people listened. Now they have built their accounts without even collecting money from anyone directly or risking someone coming to embarrass them for crashing their accounts. Everything is done anonymously (mostly) so why not take the chance? Meanwhile, UJ and Gold are in delicate positions now. Strong reversals could be in the works in the coming days unless we see new multi-month lows and highs respectively. 7 Likes
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| Re: Forex Trade Alerts Season 17 by ugbengasin34: 10:28am On Aug 11, 2017 |
Folks Visit WWW.MALOOFX.COM These guys “Quality Check” their rates and ensure it aligns with the 3 sources they get rates from. Maloofx collect rates from Lagos, Abuja, & PH. They do this as a way of Quality Control. Most at times they are close with a difference of N5 to N15 at most. Maloofx is the new kid on the block, and they have good experience with Forex trade. Not only do they bring you information from the parallel/black market rates across 3 cities (Abuja, Lagos & PH) in Nigeria, they also show you the comparison of the rates in the Diaspora (Abroad folks). London folks no need to call Peckham. Know the true rate after removing “Dealers” commission Have fun.
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| Re: Forex Trade Alerts Season 17 by Nobody: 10:54am On Aug 11, 2017 |
amolak:. Never ever think this way bro. Even if you have 100k, and trade on 0.01, in due time, that account can be red. The phycology of losing first few trades for the inexperienced will set in. Then agitation to recover will let you lose more. Never think if you have big money, you are safe especially if your method of trading is inconsistency. One thing I have noticed about market is right timing and patience will reduce any drawdown. Market has its own edge. If you can find 75% of it all the time, you will gradually make huge profits within few years. But are we that patient enough? Everyone wants to trade hour, minutes,everyday or week. I read about a Japanese Granma that trades on monthly chart, using daily/ weekly/monthly resistance for entries and her trading goes for months while she relaxed. I studied how it could be then i noticed that weekly/monthly pivots are very stubborn to break, no matter how. Yet, you will still see many traders trying to trade against a strong resiatance. She likely justput multiple pending order on many pairs .This is just one of the positive ways where huge capital may be useful. Many of the traders I know don't have a hedge. They just trade anything tradable and agitation of loosing to markets sets in. |
| Re: Forex Trade Alerts Season 17 by orfilla4(m): 10:56am On Aug 11, 2017 |
Pipsbasketings:There is actually a broker that offers unlimited leverage. I think it's exness? |
| Re: Forex Trade Alerts Season 17 by Nobody: 11:01am On Aug 11, 2017 |
haaaaaaaa I will naturally run away from that kind of broker, I pray no one here experiences the brutal brokers' manipulations - Read about them all on ForexPeaceArmy orfilla4: |
| Re: Forex Trade Alerts Season 17 by orfilla4(m): 11:01am On Aug 11, 2017 |
my leverage is just 500:1 with XM and I think I'm fine with it PS. This is the first time I posted my account balance. I'm still in college and I don't have a job yet so, it's all of my allowance. 2 Likes
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| Re: Forex Trade Alerts Season 17 by orfilla4(m): 11:06am On Aug 11, 2017 |
Pipsbasketings:Wamiikechukwu uses Exness and I think his experience with them is good? |
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