meshpips:


I am really grateful to @schevy for making us see the light.

Many others have recommended proper money management but didn't show us how that will be beneficial to us in the long run.

Thanks @schevy, you might not know what your indefatigable and relentless posts about darwinex has done to traders in the Nigerian community. What many of us dreamt about when we began this journey into the FOREX world but didn't know how to connect the dots is what you have carefully guided us into.

Thanks a million times.

You got it bro. His posts make money management meaningful to me.

infofirst:

You got it bro. His posts make money management meaningful to me.

please kindly share is money management post link here for me to go learn too thanks

infofirst:


Most of us are gamblers. Trading or investing is not the same as gambling.
The argument of lack of fund is just an excuse for over trading or gambling. Those in advance countries, yes they have more funds but they need to make more money to be able to pay bills if they are full time trader.
For example, if you are a full time trader in the United States, you need to make Atleast $2500 a month and obviously you need more capital to make that comfortably every month. Mind you, you still have to pay tax at the end of the year on whatever you make annually and that could be as high as 30%-35% but then when you record losses, the govt share in the losses too through tax and hence the reason for strict regulation there.
Another trader in Nigeria do not need to make that much to be able to pay bills monthly. So in way, it all boils down to the same thing. If you can not trade small trading account with discipline, chances are that you will not be able to trade big trading account balance.

We all need to adjust if we truly want to make a living from this business.

Nice piece. I'm surprised to know that government share in both profit and loss of traders.

Hi everyone, just passing by, hope everyone doing some profits. i am still waxing strong on selected indices and fx pairs. Only that anytime i post here my message gets blocked immediately and i get banned up to 2 weeks. i have complaint tire and when things didnt change , i have to angrily unfollow this thread and i stopped posting and now focusing my energy on something else. May be this post will get banned again. who knows.May God bless all your hustles more.

priceaction:
Hi everyone, just passing by, hope everyone doing some profits. i am still waxing strong on selected indices and fx pairs. Only that anytime i post here my message gets blocked immediately and i get banned up to 2 weeks. i have complaint tire and when things didnt change , i have to angrily unfollow this thread and i stopped posting and now focusing my energy on something else. May be this post will get banned again. who knows.May God bless all your hustles more.

Next time you get banned here, use the "Mail mods" link on Business page to raise a complain. You will be unbanned ASAP

alphaNomega:


Well said. I'd rather make my $2500 monthly and manage myself in Nigeria or Rwanda than do the same in USA

Sure. $2500 can do better in Nigeria than in USA

enolife2:

please kindly share is money management post link here for me to go learn too
thanks

You will need to go through some of his posts and links. He did not share specific money management but you will get the clue from the posts iff.

Achimaechi:
Pls guys, which android phone and version is good for forextrading?

I need answer b/4 buying now.

Hi bros, longest time, there is a phone on jumia call Leagoo M11 or M13, they are very good you can check it out

Please it's that 100 dollar challenge still on

sholytomx:

Hi bros, longest time, there is a phone on jumia call Leagoo M11 or M13, they are very good you can check it out

I just checked the specs. Nice phone only the battery and camera that ain't too impressive.

Battery is 3,000 mAH (not so cool) but every other thing is great. Lovely 4GB RAM!

USDCAD long @ 1.3380 stop loss @ 1.3300 take profit @ 1.3560

gigfx:
USDCAD long @ 1.3380
stop loss @ 1.3300
take profit @ 1.3560

Consider Short, bro. Get this indicator that shows Double Top and Double Bottom:

FXPT_DBLtopbottom

Set number of bars : 55

Best of luck

jamace:
Consider Short, bro. Get this indicator that shows Double Top and Double Bottom:

FXPT_DBLtopbottom

Set number of bars : 55

Best of luck

Thank you bro. Good call you have there, but I will only do that if I am trading off 1H TF, I will have gone short. But, if you look my chart am trading off the 4H TF.

gigfx:


Thank you bro. Good call you have there, but I will only do that if I am trading off 1H TF, I will have gone short. But, if you look my chart am trading off the 4H TF.

I'm trading H4 TF too. Any way, over to Mr market.

Quiet day so far.

I picked a rather slow pair today - NZDUSD

Almost done with the sell side.

I will look for more trading opportunities later at night.

Here's another one for today.

Guys please don't get caught in the FED's mess.

meshpips:
Quiet day so far.

I picked a rather slow pair today - NZDUSD

Almost done with the sell side.

I will look for more trading opportunities later at night.

NZDUSD moves well at night. I don't trade it because I like my night rest.

gigfx:
USDCAD long @ 1.3380
stop loss @ 1.3300
take profit @ 1.3560

I'm currently long @ 1.3429, -75 pips down at the moment

See boost on USD pairs. News can be so interesting when you are in the right side of the market

Today I'm on the wrong side of the market. -115 pips USDCAD

God Bless FOMC

alphaNomega:

NZDUSD moves well at night. I don't trade it because I like my night rest.


I'm currently long @ 1.3429, -75 pips down at the moment

Right boss, taken out also with -80 pips.

jamace:
Consider Short, bro. Get this indicator that shows Double Top and Double Bottom:

FXPT_DBLtopbottom

Set number of bars : 55

Best of luck

Oga boss you are right, I was taken out by -80 pips. Standing aside to re-access.

EURJPY: this pair might be the show stopper for today. Other pairs did quite decent moves during the FED's news release last night but this pair

didn't move quite much. With that lagging response, I expect it to "shake body" today.

I'm in already. Intra - day support (volume adjusted) is at 121.217

gigfx:



Oga boss you are right, I was taken out by -80 pips. Standing aside to re-access.

No wahala. That's the game. We win sometimes and also lose sometimes. The ultimate aim is that our profits should be greater than our losses.

redsox11:
GbpUsd looks over extended and should fall on intra-day level. easy 35-60 pips I suppose. Would be nice to see M structure to confirm the short.

. . .

For over extended pairs like this one, I "FADE" the trade.

Sell limit at 1.27422

You need balls of steel to do such.

Please don't try this at home IF . . .

NOTE: i expect the trade to yield at least EIGHTY (80) pips

jamace:
No wahala. That's the game. We win sometimes and also lose sometimes. The ultimate aim is that our profits should be greater than our losses.

Bros, na ONLY USDCAD you dey trade? I dey envy your "faithfulness" and fidelity to one pair.

Great calls you've been bringing on.

Nice work!

meshpips:


Bros, na ONLY USDCAD you dey trade? I dey envy your "faithfulness" and fidelity to one pair.

Great calls you've been bringing on.

Nice work!

Yes o, bros . I have tried many pairs and I found out that USDCAD is the best pair that suites my indicator. However, the indicator usually fails in a trending market.

Note: I trade only H4 TF

Benqozenero:



If you took this trade, congratulations. kindly move your SL to BE.
I will let mine run until further notice, But you should decide what you do with yours.

If are following me, as I promised to notify when I leave the market, I just did. so you can do too. I decided to manage the one I got already.
Thanks all.

Benqozenero:


If are following me, as I promised to notify when I leave the market, I just did. so you can do too. I decided to manage the one I got already.
Thanks all.

Yooh bro, that's huge.. Pass some here na�