NewStats: 3,261,607 , 8,174,491 topics. Date: Thursday, 29 May 2025 at 06:38 PM n196l

Donsheddy:
Taking this biz as a full time job is suicidal

Yes, desperation sets in 💯 undoubtedly, you cannot escape that.

You are good, yes that is established but I believe what you need is the tool that will completely remove desperation. Hence, my advice: I would have advised you to fund a live personal of $100, trade diligently and live on that but hell no, the desperation to make the daily living will blow that . Therefore, I will strongly advise you to obtain a challenge of about $10K, give someone you trust to it for you then get the funded back.

Now you have 10% of that to play with, that's $1K capital. I believe you should be able to live on that and even buy more challenge...we are now in a fast moving world.

Selah!

Donsheddy:

Yeah...
Story of my life...
Fx is the only thing i have goin on right now...
The pressure to get to live is even worst that taking the trades itself...
Mhen i no dey fit think straight

GabsonFX2:
Yes, desperation sets in 💯 undoubtedly, you cannot escape that.

You are good, yes that is established but I believe what you need is the tool that will completely remove desperation. Hence, my advice: I would have advised you to fund a live personal of $100, trade diligently and live on that but hell no, the desperation to make the daily living will blow that . Therefore, I will strongly advise you to obtain a challenge of about $10K, give someone you trust to it for you then get the funded back.

Now you have 10% of that to play with, that's $1K capital. I believe you should be able to live on that and even buy more challenge...we are now in a fast moving world.

Selah!

100$ be like 1billion naira for me right now...
I would have done the other one because i have one spare but funded next ip restrictions is another challenge....

I believe if i can get that 100$ it will go a long long way in my trading journey and remove the desperation in my challenge journey....

E no easy...
God dey

samfelly:


I bought gold right before almighty NFP with entry at 2294.95. I saw a massive profit from that 1 minute candle that shot up and I refused to closed. And right before my eyes, profit starts dwindling till it's about to shake hands with my BE.

Omo, if greed no kill person for this market, indecisiveness go wound person, period!

Omo, I saw shege for gold hand today ooo, I have been gold bearish pre NFP release and then NFP turned out badly coupled with a higher unemployment rate and a lower average hourly earnings. usually this poor data would have send gold raging high while the DXY sinks to hades but instead gold only spiked up and down was range bound for the rest of the day. gold stopped me out of my short trade which I have been swinging since FOMC and then when I bought gold, it stopped me out again. I'm overall still bearish on gold but I'm very pissed off today.

even more disappointing is that US30 should have been flying like a werey but the girl just dey move up like snail. though still holding on to my long trade on US30 as I entered at 38600 with SL at 38500 and tp at 39000

Donsheddy:


💯💯💯

You will go places in this business....
I love how you roll...

We will my broda.. All the struggles will be over one day I believe... And congratulations on getting to the last phase of your nostro challenge, anybody wey talk say he easy make he go run am too... Pls stay disciplined till you make it to funded and withdrawal. If you've experienced any DD, you ll surely come back again...

GabsonFX2:
In addition and a little modification to the bolded to help psychology:

Chickening out of winning profits is what traders do due to fear of price reversing and turning into losses, then find out that price continues in that direction.

Therefore, I will modify: when price reverses and turns into a looser, it simply means that that trade was not meant for you, it wasn't yours. Let it go. Close that chapter from your brain and get ready for the next entry.

However, you cannot have the next entry opportunity if that lost trade inavlidated your risk-money management ethic.

Selah!

God bless you sir

Forex is not easy, trading around heavy news like today's makes it even difficult than it already is. News trading is extremely hard, stop trading it. It's pure 50:50 because you don't have access to the information that will be released until the impact has been felt.

I said 50:50 before, now add the widened spread and slippages that comes with crazy reddish folder news like today's. The 50:50 is turning to 30:70 already with you being the disadvantaged party. How do you plan to win this consistently?

Just see how boring the thread is today, everywhere is so quiet. The market has definitely f uck guys up big time.

So I start learning how to trade FX few weeks ago, here is my gain for today being 03/05/202.

EFGH:
So I start learning how to trade FX few weeks ago, here is my gain for today being 03/05/202.

na welcome fx dey do you

Ballzproblem2:
na welcome fx dey do you

Why you the put fear for my body?😀

Cashhy11:
Forex is not easy, trading around heavy news like today's makes it even difficult than it already is. News trading is extremely hard, stop trading it. It's pure 50:50 because you don't have access to the information that will be released until the impact has been felt.

I said 50:50 before, now add the widened spread and slippages that comes with crazy reddish folder news like today's. The 50:50 is turning to 30:70 already with you being the disadvantaged party. How do you plan to win this consistently?

Just see how boring the thread is today, everywhere is so quiet. The market has definitely f uck guys up big time.

I thought you said forex is easy, you were even abusing and calling people names cos they shared there opinion.

DXYY:


I thought you said forex is easy, you were even abusing and calling people names cos they shared there opinion.

Judging by yesterday's unusual quietness. Don't you think It would be so stupid and inconsiderate of me to even use the phrase "forex is easy" in my post that yesterday after observing the room.

I don't expect you to understand anyway. "Forex is extremely hard" is what you wanna hear? How does that improve your trading career? What you seek is what you will find o.

Forex is hard to master but once you master it you will realize how easy it is.

I continued trading forex for over 10 years now because of how challenging it was at a time. It was intriguing for me to see that despite how "intelligent" I am, this guy called forex always found a way to tell me, "you think say you smart"

The difficulty in Forex made it more interesting for me because I told myself something as difficult as this will be worth conquering.

Every Margin call made me sit down again to study. Every weekend was for studies outside the in-between studies on weekdays. I read hundreds of PDFs to understand how successful traders think. Somewhere along this journey I realized every successful trader has to find his path to profit on his own. The PDFs are only guides, you need to find your way to making profit by yourself.

This was when I started forming personal trading systems, writing as much as 20 rules I must observe before entering a trade. The margin calls continued though.

But I kept on observing the times my trading system worked and over time I could avoid patterns that made my trading system not work.

Till date, if I have a negative trade, I study the trade to know why it didn't work to avoid entering such trades next time.

I shared a PDF in this forum some time ago. That PDF helped my journey. I think if you go through the PDF you will understand why some of us who once said "forex hard o" can
now say Forex is easy.

So if you say "Forex hard o" , it is true because at where you are on this journey it should be hard. If also you say "Forex easy o" it is also true because at where you are on this journey it should be easy.

EFGH:


Why you the put fear for my body?😀

lol it's not fear bro,be cautiously optimistic and be disciplined I wish you the best.

Ballzproblem2:
lol it's not fear bro,be cautiously optimistic and be disciplined I wish you the best.

Now you are talking. 😉
Thank you.
I am wishing you good STANDARD PIPS in your aza.

EFGH:

Now you are talking. 😉 Thank you. I am wishing you good STANDARD PIPS in your aza.

amen .

ebenezary:
how many day for their withdrawal

Withdrawal is instant

OneMillionBTC:
Forex is hard to master but once you master it you will realize how easy it is.

I continued trading forex for over 10 years now because of how challenging it was at a time. It was intriguing for me to see that despite how "intelligent" I am, this guy called forex always found a way to tell me, "you think say you smart"

The difficulty in Forex made it more interesting for me because I told myself something as difficult as this will be worth conquering.

Every Margin call made me sit down again to study. Every weekend was for studies outside the in-between studies on weekdays. I read hundreds of PDFs to understand how successful traders think. Somewhere along this journey I realized every successful trader has to find his path to profit on his own. The PDFs are only guides, you need to find your way to making profit by yourself.

This was when I started forming personal trading systems, writing as much as 20 rules I must observe before entering a trade. The margin calls continued though.

But I kept on observing the times my trading system worked and over time I could avoid patterns that made my trading system not work.

Till date, if I have a negative trade, I study the trade to know why it didn't work to avoid entering such trades next time.

I shared a PDF in this forum some time ago. That PDF helped my journey. I think if you go through the PDF you will understand why some of us who once said "forex hard o" can
now say Forex is easy.

So if you say "Forex hard o" , it is true because at where you are on this journey it should be hard. If also you say "Forex easy o" it is also true because at where you are on this journey it should be easy.

Boss can you please share with us again the PDF? Thanks 🙏

PriceActionZ:
Which broker in Nigeria has the least spread , easy to open and low opening, may be in naira or dollars, easy withdrawal, easy deposit, low deposits with few thousands. I want to open one for my bro to start playing with the market. May be he can try his best and get prop from it.

Idk what you mean by low opening though, but Exness ticks all of the boxes, deposit is 10$, which is around 13,500 Naira, and their spread is decent.

Donsheddy:
Taking this biz as a full time job is suicidal

Idk bro, the news messed up everything, no structure whatsoever.

Cashhy11:
Forex is not easy, trading around heavy news like today's makes it even difficult than it already is. News trading is extremely hard, stop trading it. It's pure 50:50 because you don't have access to the information that will be released until the impact has been felt.

I said 50:50 before, now add the widened spread and slippages that comes with crazy reddish folder news like today's. The 50:50 is turning to 30:70 already with you being the disadvantaged party. How do you plan to win this consistently?

Just see how boring the thread is today, everywhere is so quiet. The market has definitely f uck guys up big time.

Trading news is a different beast altogether, not my type of thing at all, the unpredictability is too much.

OneMillionBTC:
Forex is hard to master but once you master it you will realize how easy it is.

I continued trading forex for over 10 years now because of how challenging it was at a time. It was intriguing for me to see that despite how "intelligent" I am, this guy called forex always found a way to tell me, "you think say you smart"

The difficulty in Forex made it more interesting for me because I told myself something as difficult as this will be worth conquering.

Every Margin call made me sit down again to study. Every weekend was for studies outside the in-between studies on weekdays. I read hundreds of PDFs to understand how successful traders think. Somewhere along this journey I realized every successful trader has to find his path to profit on his own. The PDFs are only guides, you need to find your way to making profit by yourself.

This was when I started forming personal trading systems, writing as much as 20 rules I must observe before entering a trade. The margin calls continued though.

But I kept on observing the times my trading system worked and over time I could avoid patterns that made my trading system not work.

Till date, if I have a negative trade, I study the trade to know why it didn't work to avoid entering such trades next time.

I shared a PDF in this forum some time ago. That PDF helped my journey. I think if you go through the PDF you will understand why some of us who once said "forex hard o" can
now say Forex is easy.

So if you say "Forex hard o" , it is true because at where you are on this journey it should be hard. If also you say "Forex easy o" it is also true because at where you are on this journey it should be easy.

Balanced take, almost everything in life is relative.

Anybody tell me why this boy did not continue selling but bought instead 🤔🤔

Donsheddy:
Anybody tell me why this boy did not continue selling but bought instead 🤔🤔

First and foremost, that candle you believe should keep sending the price down is a news candle, so shouldn't be relied upon too much.
Let's leave the candle alone now and go into FX101. That cyan horizontal line with 2283 zone was a 4hr timeframe created on Wednesday, the yellow horizontal line with 2285 zone was a daily created on Wednesday too. These zones are candle closures.
Price came close on Thursday and reversed again, then the almighty NFP couldn't break it either with three different 30minutes candle. They all couldn't close beneath it, which signifies a very strong buying pressure. Please why would anyone still be selling to such zones

It didn't fully qualify as a setup I would have taken hence why I didn't, and because the 3pm news also just occured.
I you made one statement about News sending market to where it's intended to go? Why did this fail then?
Please other guys in the house can pull up their charts also and let's discuss this so as to learn from one another. Thanks.

dmahn:


Protecting our equity sometimes is better than staying confident, it's normal for trade to reverse and stop us at BE.. But letting a good winner turns into a looser isn't right for our psychology..

As for the confidence I ll suggest you start to jounal your trades if you haven't been doing that sir.. When I started reading books on psychology, the only one thing I find so in common with all is a trade journal. I don't know why it works but I think it has helped me stay confident with my Trading. I was winning and taking profit on jounal while my equity kept on decreasing because I was closing profit to early and never shift stop losses. Trade journal proved to me that I am my biggest enemy and not the market

Thanks Dmahn.

Geovanni214 and Abham don advised me on dis journal thing, before. After once, I no look am again 😁. I am ma own worst enemy too 🙈😃

ebenezary:
l mean USD card withdrawal?

That thing dey work for dis country again?

Davigle:


Omo, I saw shege for gold hand today ooo, I have been gold bearish pre NFP release and then NFP turned out badly coupled with a higher unemployment rate and a lower average hourly earnings. usually this poor data would have send gold raging high while the DXY sinks to hades but instead gold only spiked up and down was range bound for the rest of the day. gold stopped me out of my short trade which I have been swinging since FOMC and then when I bought gold, it stopped me out again. I'm overall still bearish on gold but I'm very pissed off today.

even more disappointing is that US30 should have been flying like a werey but the girl just dey move up like snail. though still holding on to my long trade on US30 as I entered at 38600 with SL at 38500 and tp at 39000

Don't be pissed. News datas no dey help so much again. Liquidity full up and down side of the market. Just use eyes fan out which one go likely happen before the other. So I simply believed o (imo)

.

Donsheddy:
Anybody tell me why this boy did not continue selling but bought instead 🤔🤔

2080 level

Donsheddy:



Live ?

FundsForTraders'

GabsonFX2:
In addition and a little modification to the bolded to help psychology:

Chickening out of winning profits is what traders do due to fear of price reversing and turning into losses, then find out that price continues in that direction.

Therefore, I will modify: when price reverses and turns into a looser, it simply means that that trade was not meant for you, it wasn't yours. Let it go. Close that chapter from your brain and get ready for the next entry.

However, you cannot have the next entry opportunity if that lost trade inavlidated your risk-money management ethic.

Selah!

Boss, e no easy for new players to forget loss o. But with time sha, we go effortlessly dey let go

Donsheddy:


Yeah...
Story of my life...
Fx is the only thing i have goin on right now...
The pressure to get to live is even worst that taking the trades itself...
Mhen i no dey fit think straight

The insurmountable pressure and desperation no get equal 🥵