Comments on: Forex Trading In Nigeria: Who Is Making The Money? http://naijaecash.com/forex-trading-in-nigeria-who-is-making-the-money/?utm_source=rss&utm_medium=rss&utm_campaign=forex-trading-in-nigeria-who-is-making-the-money Nigerian Entrepreneurs Make Money Online | Small Business Owner Survival Tips Tue, 07 Feb 2012 03:29:07 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: josephhttp://naijaecash.com/forex-trading-in-nigeria-who-is-making-the-money/comment-page-4/#comment-5591 joseph Sun, 05 Feb 2012 00:52:16 +0000 http://naijaecash.com/?p=124#comment-5591 This is really lovely, I have religiously gone through all the posts in this blog n i must say I have bin further enlightened, thanks 2 all who contributed. This is really lovely, I have religiously gone through all the posts in this blog n i must say I have bin further enlightened, thanks 2 all who contributed.

]]> By: jafaruhttp://naijaecash.com/forex-trading-in-nigeria-who-is-making-the-money/comment-page-4/#comment-5584 jafaru Wed, 01 Feb 2012 11:03:01 +0000 http://naijaecash.com/?p=124#comment-5584 you are right,all successful traders loose before they get on their stand as pros. Forex is real and it pays .Try me if you u are currently trading i promise giving you signal for three weeks to show u that it is real . use small lot sizes if u are afraid of huge loss. ANY BODY SHOULD CONTACT ME. apochijafar@yahoo.com . free signals only for feb 2012 you are right,all successful traders loose before they get on their stand as pros. Forex is real and it pays .Try me if you u are currently trading i promise giving you signal for three weeks to show u that it is real . use small lot sizes if u are afraid of huge loss. ANY BODY SHOULD CONTACT ME. apochijafar@yahoo.com . free signals only for feb 2012

]]> By: kayceehttp://naijaecash.com/forex-trading-in-nigeria-who-is-making-the-money/comment-page-4/#comment-5556 kaycee Mon, 02 Jan 2012 05:14:13 +0000 http://naijaecash.com/?p=124#comment-5556 I need FINANCIAL MANAGER THAT WOULD ENABLE GROW MY FUNDS I need FINANCIAL MANAGER THAT WOULD ENABLE GROW MY FUNDS

]]> By: TWBN Fund Managershttp://naijaecash.com/forex-trading-in-nigeria-who-is-making-the-money/comment-page-4/#comment-5554 TWBN Fund Managers Thu, 29 Dec 2011 23:08:14 +0000 http://naijaecash.com/?p=124#comment-5554 try visitig this site it based on Master Forex Broker Metatrader4. I Market Analysis , if you want to find out more about getting acces to live Forecasted Vales and recomended Treadeable Zone Contact Us via the email. Also Check us on facebook try visitig this site it based on Master Forex Broker Metatrader4.
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]]> By: mokhttp://naijaecash.com/forex-trading-in-nigeria-who-is-making-the-money/comment-page-4/#comment-5552 mok Wed, 28 Dec 2011 04:54:14 +0000 http://naijaecash.com/?p=124#comment-5552 Do you have any video of that? I'd care to find out some additional information. Do you have any video of that? I’d care to find out some additional information.

]]> By: Buccierohttp://naijaecash.com/forex-trading-in-nigeria-who-is-making-the-money/comment-page-4/#comment-5479 Bucciero Thu, 10 Nov 2011 09:01:21 +0000 http://naijaecash.com/?p=124#comment-5479 I truly just like your posting and your current web page all in all! That write-up is really plainly composed and without difficulty understandable. Your Wordpress style is awesome as well! Would be awesome to discover exactly where My partner and i are able obtain this. Please hold up the very good work. We all need much more this kind of website owners just like you on the web and much less spammers. Wonderful man! I truly just like your posting and your current web page all in all! That write-up is really plainly composed and without difficulty understandable. Your WordPress style is awesome as well! Would be awesome to discover exactly where My partner and i are able obtain this. Please hold up the very good work. We all need much more this kind of website owners just like you on the web and much less spammers. Wonderful man!

]]> By: abioye paulhttp://naijaecash.com/forex-trading-in-nigeria-who-is-making-the-money/comment-page-4/#comment-5466 abioye paul Tue, 01 Nov 2011 03:05:10 +0000 http://naijaecash.com/?p=124#comment-5466 pls i want to learrn forex trade i need someone to direct me to where to start or link me to where to begin from. this is my number 07064696295. pls for God sake pls i want to learrn forex trade i need someone to direct me to where to start or link me to where to begin from. this is my number 07064696295. pls for God sake

]]> By: Richardhttp://naijaecash.com/forex-trading-in-nigeria-who-is-making-the-money/comment-page-4/#comment-5459 Richard Sat, 29 Oct 2011 09:16:53 +0000 http://naijaecash.com/?p=124#comment-5459 I concur. I will start looking at things from that direction, we are all learning. I concur. I will start looking at things from that direction, we are all learning.

]]> By: netcoilhttp://naijaecash.com/forex-trading-in-nigeria-who-is-making-the-money/comment-page-4/#comment-5457 netcoil Fri, 28 Oct 2011 11:06:02 +0000 http://naijaecash.com/?p=124#comment-5457 Its interesting to know your profitable in this venture and am happy for you, also be mindful that your not the only profitable trader in the forum, but advising to trade on Demo and doubling your account before going live is totally unacceptable to me, I have seen a lot of people making serious money on their demo account regardless of the deposit and strategy who end up blowing accounts when live. This is because they can do whatever they please and get away with it, that is why i dont recommend it at all,DEMO IS AN ILLUSION ( false impression of reality). They dont experiences the real thing. You need the real thing no matter how little you experience it, that will keep you in sync with realities of the market.Thats all i have to say... Happy Trading.... Its interesting to know your profitable in this venture and am happy for you, also be mindful that your not the only profitable trader in the forum, but advising to trade on Demo and doubling your account before going live is totally unacceptable to me,
I have seen a lot of people making serious money on their demo account regardless of the deposit and strategy who end up blowing accounts when live. This is because they can do whatever they please and get away with it, that is why i dont recommend it at all,

DEMO IS AN ILLUSION ( false impression of reality). They dont experiences the real thing. You need the real thing no matter how little you experience it, that will keep you in sync with realities of the market.

Thats all i have to say…
Happy Trading….

]]> By: Richardhttp://naijaecash.com/forex-trading-in-nigeria-who-is-making-the-money/comment-page-4/#comment-5456 Richard Thu, 27 Oct 2011 17:04:06 +0000 http://naijaecash.com/?p=124#comment-5456 Sir, trading a small amount is not a real test of emotion. i have a micro account and a mini account. I dont get emotional knowing a pip is 0.1 dollars. Have u double your demo account before? The skill that will double your demo account is enough to keep you going. I am an expert trader, and will not tell you what it took me to get here. Here are things demo account will do for you. 1. it will show you how frustrating forex can be. Every trader starts by being discretionary trader before they find a strategy. 2. Demo account will get familiar with the trading environments, how the software works, the shortcuts and etc. you will find out soon while trading demo that making money is elusive, and u will suddenly know in your trying not to give up the importance of keeping a trading journal. Forex is about uncertainity, all you are trying to do is to be in the market when you feel the market will likely go your direction, low margin starts making a meaning to you. position sizing will come to fore. On final note, there is no one way in which trading is best for all. Everybody will always have a different approach. Try to double your demo account at least twice before you go live. Its not as easy thing to do. Use higher time frame, i recommend daily and weekly. use stop loss, use position sizing to make sure you dont risk more than 2% of your capital. trade very few markets. read every on forex online, babypips.com, learntotradethemarket.com, forexoma.com, read all articles and books on earnforex.com. your forex will start taking shape before you know it. you need to be well capitalized. i recommend at least 2500 for a micro account, 25000 for a mini account and 250000 for a standard account. The problem with forex is emotion, be patient, use a trading journal to review your performance. It takes lot and lots of time to master forex. and even when you get to that point of master, you need lot of energy to stay disciplined. Thank you all Sir, trading a small amount is not a real test of emotion. i have a micro account and a mini account. I dont get emotional knowing a pip is 0.1 dollars.
Have u double your demo account before? The skill that will double your demo account is enough to keep you going. I am an expert trader, and will not tell you what it took me to get here.
Here are things demo account will do for you.
1. it will show you how frustrating forex can be. Every trader starts by being discretionary trader before they find a strategy.
2. Demo account will get familiar with the trading environments, how the software works, the shortcuts and etc.
you will find out soon while trading demo that making money is elusive, and u will suddenly know in your trying not to give up the importance of keeping a trading journal.
Forex is about uncertainity, all you are trying to do is to be in the market when you feel the market will likely go your direction, low margin starts making a meaning to you. position sizing will come to fore.
On final note, there is no one way in which trading is best for all. Everybody will always have a different approach. Try to double your demo account at least twice before you go live. Its not as easy thing to do.
Use higher time frame, i recommend daily and weekly. use stop loss, use position sizing to make sure you dont risk more than 2% of your capital. trade very few markets. read every on forex online, babypips.com, learntotradethemarket.com, forexoma.com, read all articles and books on earnforex.com. your forex will start taking shape before you know it.
you need to be well capitalized. i recommend at least 2500 for a micro account, 25000 for a mini account and 250000 for a standard account.
The problem with forex is emotion, be patient, use a trading journal to review your performance. It takes lot and lots of time to master forex.
and even when you get to that point of master, you need lot of energy to stay disciplined. Thank you all

]]> By: netcoilhttp://naijaecash.com/forex-trading-in-nigeria-who-is-making-the-money/comment-page-4/#comment-5455 netcoil Thu, 27 Oct 2011 15:58:12 +0000 http://naijaecash.com/?p=124#comment-5455 Well, honestly speaking a demo account is nothing but playing GOD OF WAR on PS3. What a demo account should do is to get you familiar with the operations, look and feel of your trading environment depending on your broker. Making a profit of 5000% on a demo account does not guarantee you anything when you enter the real jungle, because your emotion was not tested. I suggest you open an account with a small amount and trade on low leverage... then you have some kind of attachment and experience with loosing and making profit. Well, honestly speaking a demo account is nothing but playing GOD OF WAR on PS3. What a demo account should do is to get you familiar with the operations, look and feel of your trading environment depending on your broker.
Making a profit of 5000% on a demo account does not guarantee you anything when you enter the real jungle, because your emotion was not tested.
I suggest you open an account with a small amount and trade on low leverage… then you have some kind of attachment and experience with loosing and making profit.

]]> By: NaijaEcashhttp://naijaecash.com/forex-trading-in-nigeria-who-is-making-the-money/comment-page-4/#comment-5454 NaijaEcash Thu, 27 Oct 2011 14:35:41 +0000 http://naijaecash.com/?p=124#comment-5454 Good point, sound advice. Good point, sound advice.

]]> By: Richardhttp://naijaecash.com/forex-trading-in-nigeria-who-is-making-the-money/comment-page-4/#comment-5453 Richard Thu, 27 Oct 2011 14:01:14 +0000 http://naijaecash.com/?p=124#comment-5453 Please you think of trading Forex. i have two rules for you. <strong>Rule one.</strong> Use a demo account and make sure you double your demo account at least twice before you go live. <strong>Rule two.</strong> Always stick to rule one Forex trading is not a fantasy business or a business for poor folks. Please you think of trading Forex. i have two rules for you.
Rule one. Use a demo account and make sure you double your demo account at least twice before you go live.
Rule two. Always stick to rule one
Forex trading is not a fantasy business or a business for poor folks.

]]> By: NaijaEcashhttp://naijaecash.com/forex-trading-in-nigeria-who-is-making-the-money/comment-page-4/#comment-5452 NaijaEcash Thu, 27 Oct 2011 11:48:09 +0000 http://naijaecash.com/?p=124#comment-5452 You've made a very important point. There is no business without risk. Tajudeen should be prepared to trade with what he can afford to loose. You’ve made a very important point. There is no business without risk. Tajudeen should be prepared to trade with what he can afford to loose.

]]> By: netcoilhttp://naijaecash.com/forex-trading-in-nigeria-who-is-making-the-money/comment-page-4/#comment-5451 netcoil Thu, 27 Oct 2011 11:35:21 +0000 http://naijaecash.com/?p=124#comment-5451 Please always be truthful in dealings with people, everybody looses money in forex, its best to say you would teach him the fundamentals and not he is not going to loose money, because forex trading does not come that cheap. He will most likely blow this first account... probability of 99% Please always be truthful in dealings with people, everybody looses money in forex, its best to say you would teach him the fundamentals and not he is not going to loose money, because forex trading does not come that cheap. He will most likely blow this first account… probability of 99%

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