Sunday, February 27, 2011

BENEFICIARIES OF BILL GATES LOANS TO FOREX TRADERS IN PIX










HELLO FOREX PALS,IF YOU HAVE BEEN FOLLOWING MY POST ON THIS
WEBSITE,CONSISTENTLY,I HAVE MENTIONED WITHOUT MINCING WORDS,
THE IMMENSE OPPORTUNITIES TO FOREX TRADERS IN NIGERIA THROUGH,
THE BENEVOLENT GESTURE OF BILL AND MELINDA GATES FOUNDATION.


YES ! AN ACCESS TO MOUNTH WATERING LOANS TO TRADE FOREX ....WHAT OFFER COULD BE BETTER?


ALAS WITH ME ARE THE PIX ,AS LIVING TESTIMONIES TO PROVE, ALSO TO WET YOUR APPETITE AND BELIEVE THAT ANYTHING IS POSSIBLE........




To your trading success
D cybertycoon
Stevens Adeola S.

Wednesday, December 8, 2010

BILL GATES OFFERS $100 MILLION WORTH OF LOANS TO NIGERIA FOREX TRADERS


BILL AND MELINDA GATES FOUNDATION


Guided by the belief that every life has equal value, the Bill and Melinda Gates foundation works to help all people lead healthy,productive lives.In developing countries,it focuses on improving peoples health and giving them the chance to lift themselves out of hunger and extreme poverty.In Nigeria,it seeks to ensure that all people -especially those with the fewest resources-have access to the opportunities they need to succeed in school and life,Based in Seattle,Washington,the foundation is led by ceo Jeff Raikes and co chair William H.Gates Sr,under the direction of Bill and Mellinda Gates and Warren Buffet

When bill gate stormed Nigeria to share cash some months back,most people it was all about the eradication of polio and reduction of infant mortality rate alone.Bill Gates was in Lagos Kano and other part of Nigeria was amazed at the high rate of poverty among the working class and high level of unemployment among the youths, and even more alarming was the number of teenage persons going into "Yahoo Yahoo" - internet fraud, as a source of sustenance,thus the wealthy american is donating money to charity and social services in the way to put back into the society.


Bill Gates is dolling out an awesome cash of $100million to empower Nigerians who are interested in trading the FOREX MARKET.The several times world number one richest man has been in this game of giving cash to empower the economically disadvantage nations,but 2010 he decided to invade Nigeria with this free money,Its for those who are not employed and those who are employed but not earning enough


WHY IS MICROSOFT GIVING ALL THESE OPPORTUNITES?

Microsoft is giving out the training and funding opportunities because they have looked at the country and the crime rate in it.For instance instead of doing internet fraud -"Yahoo Yahoo" ,the youths can now do genuine online businesss that even warren buffet does


WHY YOU NEED TO PARTICIPATE?

It's a great opportunity for everyone,including housewives,bankers,fresh graduates,Its open to over 300,000 or more people.The money being doled out is over $100 million from Bill and Mellinda Gates foundation in collaboration with the Lagos state government on its poverty alleviation program.Microsoft has its representative right here in Lagos,your performance through your demo account trading in collaboration with the Lagos state form you would have filled before you start will be submitted to the microsoft office.Your performance can even make them give you an amount that surpasses your expectation.If your performance is poor you may get little ,but when its good,they can give you between one to five or even ten thousand Dollars to trade


So what are you waiting for ?If you are interested ,you can visit the facilitators at ...........

HEAD OFFICE

CLARRENTON CONCEPT LTD
32,TOYIN STREET, IKEJA...OPPOSITE
ST.LEOS CATHOLIC CHURCH.LAGOS STATE

MOBILE NOS...... 07031338186, 01-4350757

ANNEX OFFICE

STARDOM FOREX ACADEMY,
SUITE 3 2ND FLOOR,16 THOMAS SALAKO STREET
OGBA/IKEJA .LAGOS

MOBILE NOS...... 2348032249443,2348056578472

...........................................................................................................................................
Condition notice/CCN/B & MGF


Thursday, July 15, 2010

9 . FAILURE TO TAKE PROFITS FROM YOUR ACCOUNT

WELCOME BACK

It is almost a natural law that over a given period of time,the Forex markets will allow you to make only so much money and then you are going to have to start giving some back. Yet, probably no more than 1% of all Forex traders I know have a rule to take profits out of their account.(However, they are quick to deposit money into their accounts when funds drop to untradable levels).

You cannot believe how often I see traders leaving profits in their accounts and then go for the “big trade” – the one that will give them a real “killing,” which usually kills their profits.This problem can be overcome by predetermining an equity level at which you will remove profits from your account.When you make profits in the Forex markets, take some money out and put it somewhere else. Your trading will move in cycles. You will make some, lose some, make some,and lose some. By taking money out of your account whenyou are profitable, you will not make the mistake of losing larger amounts of money when a down cycle occurs.

To your online trading success
D FXTYCOON

Thursday, July 8, 2010

8 . OVERTRADING YOUR ACCOUNT

Assuming risk that is too large a percentage of your account balance on any single trade, either with too large a dollar
risk per contract or by trading too many contracts for any single trade or by trading too many currency pairs.This can also happen after a period of choppy market consolidation

when you “know” that the market is going to do something. You are so certain that this is going to be a big
move that you risk much more than the maximum 8% of your account balance. Already emotionally out of balance,
all it takes is a couple of limit moves against you and you
are bust.

To prevent this mistake from occurring, you must have a hard and fast rule that you can risk no more than a certain
percentage of your account balance on any trade regardless of how good the trade looks. My personal hard and fast
rule is to only have one position on at a time period. This does not count if I am hedged because with most brokers
hedging does not take up margin. This limits any possible overtrading. Overtrading is the quickest way to lose the
capital in your account.

OVERTRADING YOUR ACCOUNT

Assuming risk that is too large a percentage of your account balance on any single trade, either with too large a dollar
risk per contract or by trading too many contracts for any single trade or by trading too many currency pairs.This can also happen after a period of choppy market consolidation

when you “know” that the market is going to do something. You are so certain that this is going to be a big
move that you risk much more than the maximum 8% of your account balance. Already emotionally out of balance,
all it takes is a couple of limit moves against you and you
are bust.

To prevent this mistake from occurring, you must have a hard and fast rule that you can risk no more than a certain
percentage of your account balance on any trade regardless of how good the trade looks. My personal hard and fast
rule is to only have one position on at a time period. This does not count if I am hedged because with most brokers
hedging does not take up margin. This limits any possible overtrading. Overtrading is the quickest way to lose the
capital in your account.

Wednesday, July 7, 2010

7 . INCREASING YOUR RISK FOR SUCCESS


One of the most common mistakes I see Forex traders make is increasing risk exposure because of a perceived winning or losing streak. Just by being successful on a few trades,more dollars will be risked per trade because more money is in the trading account. Because you have more money (and confidence) when successful, you are also likely totake larger percentage risks. Not surprisingly, this ruins more Forex traders than a series of small losses.

Not allowing the risk percentage to unreasonably increase as profits are realized and discipline in maintaining protective stop losses can overcome this mistake. What I mean by ‘unreasonably increase’ is this – on a typical trade, your risk should be in the range of 3% to10% of your account size depending on trade confidence. As you see yourself on a winning streak, you are tempted to increase risk percentages.Never increase your risk percentage to more than
10% of your account balance on any single trade.

I have also seen traders risk more after a losing streak and risk less after a winning streak. Their thinking is that after a string of winners, a loser has to come at any moment so it is time to reduce risk. The other side of this is increasing the size of their risk after a string of losses thinking that a winning trade is imminent. Do not fall into this ‘thinking’trap! Those percentages of 3% to10% for me because of my high level of confidence in trading my proven system. If you are new to trading, your risk should be between 1% and 3% for a typical trade and 8%
maximum loss on any one trade.

Monday, July 5, 2010

AVERAGING A LOSS


This mistake is usually a holdover from trading equities or futures. In Forex trading, with 100 to 1 or greater margin,averaging a loss can be disastrous to say the least. A typical approach is that once you have entered a long position in the market and it drops lower, you might figure that since it was a good buy then, it is a better buy now. You may justify averaging down by figuring you will have a lower average entry price and require a smaller move to break even.

Unfortunately, you will lose twice as much if the market continues against you, as it almost always does. There are approaches that allow you to buy a market at one price level, add to the position at a lower level and add on again at even a lower level, as long as this was your predetermined game plan before you entered the trade initially.

Personally, I never trade this way but it is some manager’s strategy. You must also have an unmovable protective stop loss order that takes you out of the entire position.This mistake is easily overcome by having a strict rule to never average a loss unless your predetermined plan calls for averaging the trade in the case the market moves against you. This can be done with a pending unmovable protective stop loss order to exit the entire position if it is hit.