G
Gloria Ndulu Nzivo
@glo_forex
Last seen:
6 months ago
Financial markets are a great business to hop in,glad to be here.
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so what you are saying is to use time sessions to determine the trend or rather direction that the trade is headed to
I opened an RCG account from Kenya and it took 3 minutes to be verified using my National Id.Quite seamless and fast.
I see the important of marking sessions and how to use them to determine trends in a session.I made an entry in the Newyork session and at the point of my entry the trend I am observing was bullish.
Went bullish after spotting a hammer indicating a bullish reversal and waited for 10 minutes for the market to run and took profit then used fibonnaci to get a little more profit and then pulled out of the trade
1.A prop firm gives you money to trade after you prove through virtual accounts that you are an experienced trader and can make a specified profit amount a popular example is Funded next
2.you require a fee to register, which is dependent on the account type
3.You don’t use your own money to trade
4.If you make profits, you share them with the firm.
5.If you lose, the firm takes the loss, not you.
Lol,I have also experienced the same .The critical distinction is between the legitimate forex market and the unscrupulous operators and promoters exploiting it. While forex itself is real and necessary, it carries inherent extreme risks, especially due to high leverage magnifying losses rapidly. Combined with unrealistic expectations fueled by scams and the sheer difficulty of mastering trading, most retail traders lose money. This high failure rate, often stemming from encountering bad actors or underestimating risk, fuels the "scam" perception, even though the root cause is usually a toxic ecosystem surrounding retail forex, not the market's fundamental illegitimacy. Success requires significant skill, discipline, risk management, and using a reputable broker.
Yes, I peep this! The bullish hammer was a solid reversal signal, and the uptrend followed nicely.