NewStats: 3,263,836 , 8,181,567 topics. Date: Sunday, 08 June 2025 at 08:29 AM 366k5m

abba190:
to win 6k na wahala u dey talk of 60ml

No be you just discover another Alabi slaughtering strategy for that your new thread?

Music. You know, those ones with lyrics/voices.


These days I mostly listen to sounds only, like a movie or anime soundtracks.

This Chelsea team can be so embarrasing at times. Sometimes I wonder what Pochettino teach his players in training.

GrimValor:
Manga image or no manga image, I wouldn't count her out just yet.

It's not like she was blown apart like Nanami or anything, as long as her head is still attached to the rest of her body anything is possible.

Wait, Nanami was blown apart?!

samogo1:
Looks like forex no longer obeys price Action. How 5 trades go break trend line, hit SL

oyaskii:
Mannn. I was in total awe of it! I immediately wanted to see it again after the first run, only my declining 2hrs PC battery and epileptic power supply stopped me . But I will rinse the hell out of it in the coming days .


Ludwig cooked with the "Mando" score, but with CN previous association with Hans Zimmer, i thought he would score this too but maann Ludwig did a fantastic job. I don't think another project this year had a better score.

That Mandalorian song ehn... I must have listen to it more than 50 times.


Was it not that same Ludwig that did the score for Tenet?

CrossRhodes:
Lol And you are Chelsea fan? Go and update yourself pls
Everton has been deducted 10points. You noisy people and Mancity Arab money are next. All your titles will be confiscated to 2nd position

Just look at the nonsense you typed.

Man City has 115 charges against them, Everton had 1 or 2 and were punished.

I'll ask you again, how many charges are against Chelsea FC?

CrossRhodes:
Na him dey play ball?
No worry, they will soon deduct points and na relegation Una dey go so

Una sha go dey yarn dust.

Deduct points for what? What are the charges against us?

The person standing in for Pochettino for this match should be fired. What nonsense!

Still available?

chinwong:


Thanks man.

Losing is also part of the learning curve but I actually lost because I placed an auto trade not knowing it was with a big lot size.

I usually trade Supply and Demand zones.

Hope you know Deriv has made changes to their minimum lot sizes and margins

I noticed the big lot size on those trades and wondered why you did that since your usually lot sizes served you so well.

About the changes, I don't think they make that much difference really.



And I didn't know supply and demand works on synthetics. Which timeframe do you identify/draw your zones on?

chinwong:
So guys I've shown you the good side of trading already but this time I'm here to tell you that Forex generally is not for the feeble minded.

I left my trading strategy and decided to try out another one I learned online but it wasn't a good one at all.

But Game is Game

We mooove ......

Can you please share your strategy? I still have some money left on deriv.



Really sad to see you lose that amount of money man, hope you recover it soon.

Kaesyrn:

Quite well so far I trade just Power and Swift

Is demo available? I'll like to check them out.

Geovanni412:


Good you asked,

After testing scalping on dex index, i'd advise you run far away from it if you want to scalp

Dex index is for day trading and not for scalping


Scalping on it will kill it will kill your acct faster than crash index if you use that 10 pts stop loss because a single bar on dex index can go 100 points against you in 5 minutes.


Just focus on crash and boom with the strategy in the video and normal chart reading for scalping.

Then apply the risk mgmt system

Again, thanks. You've been very helpful.

Geovanni412:
@Crumbian,

Here's what can happen if you reduce stop loss to 2 points on crash and boom and it goes against you

Risking $1 on demo acct, I hedged a position by going short and long.

See the result below...market overshot the stop loss by a far distance

This is why I said for risk:reward reasons...dex index is better unless you decide to focus only on catching the crash in crash index and get a system for doing that only.

Just going through your quotes again. Thanks for the info man.

At the bolded, are you saying that the strategy in that video works better for dex indices? I added it and I don't really get it.

Wetin Elon Musk talk sef?


Person wey biden no like before. Not surprised "the white house" ed the cancellation.

Geovanni412:


@abham made a genius suggestion on managing your lot size.

do well to follow that for buys on crash 1000...you can enter with 0.30 then close 0.20 lot size immediately after entry

That way, with stop loss of 10 pts, even if it overshoots, you may lose about $1-$1.5 max

You know, I was thinking of the same thing. Place a trade with 0.20 lots and close 0.10 lots immediately.



Hopefully, one will not be unfortunate to get a huge spike immediately after placing the trade.

abham:
You can actually use the 0.01 on assets that have a minimum of let’s say 0.3 for example.
The lot size you will use will be 0.31, then when you go to close the trade, close 0.3 and you will be left with 0.01.

In the photo attached, boom 500 minimum lot is 0.2 but I opened a sell 0.21. Where the blue cursor is with 0.21, clean the 0.2 and you will be left with 0.01.

Thanks man. Needed this

Geovanni412:


Not so much....If ya stop loss is that 10 points or say 20 pts, you may lose less, it all depends on the fill

But to avoid stories that touch, look for sells on crash indices and buys on boom indices.

Yes. Realised I probably wouldn't have lost that much yesterday if I had used that 10 points you recommended yesterday.

Seems if your stop loss is too tight when the spike comes, deriv won't even bother to calculate your actual loss, they'll just take the margin. Smart guys

Hey guys, how about we keep the synthetic traders thread alive?


https://nairaland.macsoftware.info/6901075/synthetics-traders-thread

Geovanni412:


H1 ...you'd have to understand price action to make it work .

Some will be traps and you may not have any trade for hours

For crash 1000, nothing agst it just that all ya sweat can be wiped away with one loss unless ya trading is for crash on crash 1000 and so on.

I kind of discovered something, I may be wrong though.


Margin. If you take a trade on crash/boom and a spike went against you but you have a tight stop loss in place, deriv will just take the required margin from your .

The margin on boom 1000 is $6+ for 0.2 lot, which is similar to my loss after that gigantic spike


Had $10 plus almost $2 profit in the , left with $5.88 after the spike. I had a very tight stop in place.


The other boom/crash have margin of $3 and below. Just saying.

Geovanni412:


It works the same way as crash and boom...

The system is based on the concept in the video I sent earlier ...for dex, the strategy is to wait for market to make two consecutive bars in one direction then go to lower timeframe like 1min and 5min.

Of course, you will check higher tf to consider probability and targets and overall direction. Once everything aligns, you're good.

Enter it...use like 13 point stop.

You will have better risk to reward on it. If you get above 1:1.5 or 1:3 sef, take some profit and let the remainder ride to your target.

In the pic below, my total risk was $1..if you do the math.

Ofc, not all trades are these successful but the fact that such a risk reward exists makes it worth trying.

You can't get this on crash 1000 unless you are willing to have a stop loss of 2points and to bear the underlying risk of market shooting past your stop loss and whatever loss you may suffer.

The two consecutive bars are from which TF? H1?

See the box area in the picture. Are you talking about something similar?


And please can you explain the bolded a little more?

Geovanni412:
@Crumbian,

Here's what can happen if you reduce stop loss to 2 points on crash and boom and it goes against you

Risking $1 on demo acct, I hedged a position by going short and long.

See the result below...market overshot the stop loss by a far distance

This is why I said for risk:reward reasons...dex index is better unless you decide to focus only on catching the crash in crash index and get a system for doing that only.

Funny, cos this just happened.

VeeVeeMyLuv:
Boss if you stay on and keep to the High time frame, you will not feel the impact of all these news releases at all

What?

Geovanni412:


It can lead to that depending on your stop loss.

If your stop loss is less than 10 points, you are at risk of that happening to you.

I'd suggest you go with dex indices, and compare it with crash indices on demo

Take trades both ways and see how the market respects your stop loss on both then make a decision.

I don't really get that DEX. I tried that 10 point stop just now, selling boom index. Had a spike around $1.40 but I'm now back above entry.


Thanks for the info.

Geovanni412:


I'll refer you to the expert on this---follow the strategy in the video:


https://www.youtube.com/watch?v=O7F7Ywbzg3M&t=605s&ab_channel=kingsfx

crash and boom is not best for risk mgmt of 1%

if you want that, please trade dex down and dex up indices...you can get lot size of 0.01 on that.,,same strategy in video will work

Thanks for the video, I really appreciate it.


I'm actually okay with the $2 risk, I'm just wondering whether it's possible those spikes lead to a loss bigger than that if you're counter trading (buying crash, selling boom).

Sleekfingers:



But una were shouting, sack rohr......

Which one be "una were shouting" now?

Nigerians no get chill at all. Any small nonsense laidis super eagles don turn super chickens.

Ah shit, here we go again, the super pieces of shit.

Geovanni412:


I'd say fund the acct with $20...

You can later on top it up to $100 once you understand their movements.

If you know what you are doing, your stop loss on crash or boom will be 10 points maximum

Say crash 500, if entry is 4288, sl will be 4278 max...

If entry is 4288 and stop loss is 4278...with size of 0.20, then your risk is 10*0.20 = $2


Tbh, you could use 5 points and it will still work but 10 pts is wide enough. Just don't go below the 5min chart for analysis.

These indexes work in a similar way as normal charts. Trying to find high of day on both currencies and indexes like crash 500 is suicidal

Focus is on buy below base and taking sell moves only if there is a breakdown in structure at key zone

Bros no vex abeg, I get questions.


1. Do you counter trade Crash/Boom? Have you ever lost more than the $2 risk while doing so? I'm asking cos those spikes can be very large at times.


2. At the bolded, Can you explain more? Especially when you said "buy below base" and I'll like to know what constitutes a breakdown in structure on crash/boom indices.