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forex brokers with $1 minimum deposit in Nigeria Replied 1 week ago - First question to ask is does the broker accept Nigerian traders? I know CMC Markets has a $1 minimum deposit and they accept Nigerian traders. The only drawback is that they dont support many local NG deposit methods.
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explain one sided betting rule in prop firms Replied 1 week ago - FTMO is fond of using this rule to ban profitable traders. The problem is they interpret the rule in different ways thus shifting the goal post
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AUDUSD live trade Replied 1 week ago - How I entered: 1. On the Daily timeframe, price broke structure (broke previous lows), confirming the downtrend is still alive. 2. Price then pulled back up into a Daily Order Block (a strong supply zone where sellers previously dominated). 3. I zoomed into the 30-minute chart. Inside that Daily Order Block, price swept the highs (went slightly above) but failed to make a new swing high, classic sign of weakness. 4. The moment price tapped back into that failure to swing high, I entered my sell. This is a high-probability setup: selling at a premium price inside a strong daily resistance zone, with full alignment from higher timeframes.
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What drives supply and demand for currencies in the Forex market? Replied 1 week ago - Demand from bank customers makes exchange rates move. The customers could be corporate or whatever but their transactions are also what make the rates move
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Does win so much a problem in trading Replied 2 weeks ago - Winning so much is not a problem because it is impossible. Nobody can win too much, not even the best hedge funds.
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pros & cons of ftmo prop firm Replied 2 weeks ago - FTMO is losing its glory, it took them 5 years to start one-step challenge while other prop firms had been doing it
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Latest forex scams in Nigeria Replied 2 weeks ago - Did you hear about the AddyFX scam in Nigeria, within 1 week Nigerians deposited up to 1 billion naira with AddyFX and they were promised returns of 10 to 25%. In the end the scam was exposed to be a Ponzi scheme
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Trading with just $10, what should be my daily profit target? Replied 2 weeks ago - My opinion, but $10 is too small a capital to trade with. Get a primary source of income so you'd be able to focus on your trading without emotions and unnecessary mistakes. Your can't do risk management with $10, there's not enough space for failure with that. Trading is probability so you should factor that in as well. I'm not saying don't trade. But for now you can try demo trading while you do something else to get money from, and from there you can save up to fund properly. With my 7 yrs of experience trading FX, trust me, this is one advice I wish I took earlier on. But again, it's just an opinion. A few outliers still make it out alive with $10 capital. Very rarely though, but it's not impossible.
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I trade daily for my breakfast money Replied 2 weeks ago - I like this thread because it encourages us to be realistic. Beginners should learn to start small, trade just for your basic necessities, then after a couple of years you can upgrade.
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What hurts traders more? Replied 2 weeks ago - Ego will make you refuse to close a losing trade cos it will mean you accepting defeat, you will then end up taking a huge loss. I watched a YT video of traders taking losses and I noticed they were live streaming and because they didnt want their followers to see them take a small loss, they refused to close losing trades and ended up taking bigger losses reaching $500k
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Bitcoin Pizza Day: May 22 Replied 2 weeks ago - But Bitcoin Pizza Day highlights the other side: real innovation with strong fundamentals can deliver life-changing returns. The key is education, risk management, and not betting what you can't afford to lose
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Live eth setups Replied 2 weeks ago - 👍
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New week new goals Replied 2 weeks ago - what matters is the size of the loss
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Live long trade on eth Replied 2 weeks ago - @Icryptojasspu check my x
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Eth live trade Replied 2 weeks ago - 0.05_1
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How does geopolitical news impact exchange rates for beginners? Replied 2 weeks ago - What this means to traders: Always watch major news. Geopolitical events create both high risk and high opportunity. In uncertain times, the USD is usually king. Trade with caution, use stops, and expect bigger swings. Focus on how the news affects economic stability and risk appetite, that's what truly drives exchange rates.
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AUDJPY Technical Analysis Replied 2 weeks ago - Lower Timeframes (Entry Confirmation): - On the 1-hour: Saw a sweep of liquidity (price took out stops above before reversing). - On the 15-minute: Failure to create a new swing high (price couldn’t push higher). This combination, higher timeframe context + bearish structure + order block retracement + lower timeframe confirmation, gave me clean confirmation to enter the sell.
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Smart Money Concept Flaws Replied 2 weeks ago - total gibberish
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retail traders make up only 2.4% of the forex market Replied 2 weeks ago - i understand but my own argument is why will the 98% be looking for liquidity from the 2%
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what's up with the exness website? Replied 2 weeks ago - I just tried it, it's weird
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