What whitelighter is saying is that you give them gold they give you peanuts. LOLx

I guess he meant that they teach basic stuffs like how to see the chart, indicator and etc. If they can easily earn fortune by certain methods or strategy, they would be jetting off to an island and surfing the wave...with hot babes. haha. Why teach you right?

I'm deposit 30usd to trade and at the same time to learn. If I lose all my capital, it is still ok. I treat the 30 as my forex tuition fees. I'm still a newbie and very much noob in forex trading, still learning pips by pips. There are so many sifus around who can guide you. Adam, Kelvin ..Normeck and many more..

Do read back from page 1 or previous versions... all the best bro in discovering forex trading!

This post has been edited by dannyooi_84: Oct 9 2009, 04:50 PM

its customized for financial institution only via FIX API with STP.

Long UJ @ 89.294 SL 50 TP 30

Hopefully tonight's news might make the dollar go abit bullish.

Am I on the wrong side? lolx

This post has been edited by dannyooi_84: Oct 9 2009, 04:41 PM

i didnt survey all.. but those that i do know.. charge u like 10k per class...

u go there they teach u for a couple of hours what is candlestick, means wut, maybe show u one or two indicators... thts it.

u can get the same thing online for free.

and 10k that u pay is for nothing. because to trade ur own.. u need to know more than just a couple of indicator and readin red or green candlesticks.

u need to know price action, market behaviour, fundamental economics, and so and so...

this is something u cant learn in class unless u are an economic student for 4-5 years. how can u ever match thier level in a single class.

so if u do hav thousand n thousand to invest in. u better put that money into investment firm that knows wut they do. let them built u a portfolio. its not only less stressful. its all more safe.

but in case u dont hav thousands to spare. and only have like hundreds... which of course investment firm wont even look at u. then by all means trade urself.

but the road ahead is bumpy and dangerous. 95% trader dont make it... but if u have the will to learn. then u will succeed. simple as that. and i would like to remind u and all that are new to this. there is no such thing as a sure win indicator.... so dont bother looking. if there is... no poor people in this world liao.

bro.. as far as i know, in order to join legal fx fund management. you need to have at least US$1million

they have been around more than 10 years, regulated by government, participated by banks and capital guaranteed somemore.

i say investment... doesnt hav to be fx fund. he can invest in cpo or futures too.. that doesnt need millions. thousands will do.

FIX API with STP

wat is dat? lolol....

FIX API is a communication protocol used by bank to deliver those fx price.


STP = Straight Through Processing

hope?


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Just open my trading platform ..and to my surprise +85 pips. luckily i reset my TP to higher. if not i'll curse my self now for setting to low TP. lolz

Don't be so greedy... he he he..

y u no use trailing stop?

Initially I don't want to set any SL and TP because I want to go long term. But I chicken out on that idea. I was thinking what if it goes down till i get a margin call then I'm doom. Set my conservative SL/TP but reset a higher TP before I left my workplace.

What is the benefit of using trailing stop compare to SL/TP? Any opinion?

Wua wua wua, its been a while to see you here.

Laz few day was lowyat 82, today is jebonen

gslearning, is it something like that in the attachment?

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Added on October 10, 2009, 11:27 amYou can have trading method without TP & SL but you need to use smaller lot size like $0.01/pip or lower than 100units, just always remind yourself Margin Used don't exceed 3%, normally i trade 3% below.

This post has been edited by rstusa: Oct 10 2009, 11:27 AM


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Advice noted.


I checked a website regarding major economic for next week. Hmm, so many majors is coming up. Bank of Japan rates decision, US Sept retail sales report and etc. ahhh.


Why la every week got major news compare to here (m'sia), rarely have major economic news eh

This post has been edited by dannyooi_84: Oct 10 2009, 12:01 PM

these are kinda private/ventured out from the bank division fund, capital requirement should be lower. but if you had money, better only invest the fx fund that is within bank's division. not saying those you listed from magazine is not good, but you should know there arent many big fx market share holder in the market.

Just to mark my first foot print in FX. Evolving from share market. Will study very hard and target to enter the market next year. Wish I could kick my boss ass in near future.

who use ninja trader chart?

If some company that offers Forex Training Courses for 3 days and charge RM2,500 then they claim they will monitor our progress from time to time.
Is this type of Forex Training a scam or??
Because i go to their preview, seems quite convincing, they show how they teach ppl to earn US$400++ in hours.
Pls give me some comment.
Tq