I like what u've just said. 

Anybody gt idea about the FOMC today? wat happened? was not with the news recently.. >.<

---

Added on January 29, 2010, 12:43 am

Whats the percentages they will implement? if they really do so, will our US account be closed? 

or we have to reduce our pip/cost sooo much that one will need huge amount of money in an acc to make a living. In the end, only the rich can earn more.

Leverage isnt really an issue. I can trade with 1:700 leverage if I want, it is the number of pips it takes to get a person margin call matters and it also depends on how much the person is risking and where he place his SL.

Remember, if you do your initial funding from moneybookers.com, you can only withdraw your forex funds back into moneybookers.com.. forever. If you can live with that, then fine.

As for the verified by visa program, some banks in Malaysia has adopted a second level of verification, namely MasterCard® SecureCode™ and Verified by VISA. Some e-commerce sites require that you have this level of protection before accepting your credit card.

maybe someone just mix up 100:1 vs 1:100..
I would suggest you take 1:500 or more.. less likely to wipe..  but still depends on your volume/lot size..


100:1=100=1000%
1:1=1=100%
1:10=0.1=10%
1:100=0.01=1%
1:500=0.002=0.02%

(1:500) if 1 movement effects 0.02% of your account.. and (1:100) 1 movement affects 1% of your acct.. which one is riskier?

You are mixing up leverage with lot size. Leverage does not increase the risk. The size of the order creates the risk.

Are you sure you are a trader? You lack even the basic understanding of a margin call. You are giving me a margin call example. For your example above, if you get a margin call, you get back your USD1000 for the 1:100 account and USD200 for the 1:500 account that was used as a margin for your 1 lot. You cannot lose the USD1000 or USD200 as they are your margin and not your risk. So where is the risk there? Good gosh. You have no understanding of money management. You seem to have mixed up risk with margin here.

Guys, please do get back to your books and fully understand what trading is all about before even trying. I'm not saying that you will lose if you don't know everything but you'd definitely win more if you do. Part and parcel of being successful, not only in forex but also in life.

---

Added on February 1, 2010, 12:02 am
I'm still trying to figure out what your leverage has to do with your 2% risk position? I think you got it mixed up the same way as rstusa.

Its 1st Feb 2010! Happy pipping guys!   

In the meantime, new I-Pad announced! people who using GFT n FXPro platform got to use it with a smile..    
I-phone app supported!

i'm still using crossover for my IBFX trading on Mac

AFAIK , apps running smooth

yerp

mt4setup.exe

i can run terminal.exe via crossover application

Is it ok to go naked first and after see a profit, I,ll start to put my SL. Just try it today. Still ok i guess. From now on all my trade will cost me 0 if it really touch SL. My SL was my Entry point now but I need to wait for a right moment. Looks risky. Maybe I need a very huge capital for this strategy..

my testimonial yesterday trade, as EJ in bearish.

my technique = EW and BW chaos
[attachmentid=1435051]

p/s this posting is only to boost LYN morale . Regards

normally 85 pips ...but if i discovered any ranging , either i close the trade with 35-45 or i let it flow ...

usually , i will see monthly chart to do analysis . if monthly chart shows bearish , i will keep my trade as bear and vice-versa. but need to make sure your money management is really suits you .

but if we set your pip 4-5 dolar per pips ...then we can set trailing stop to 25-35 pips... :-)

better profit ...hehe

[attachmentid=1441984]

On the weekly dollar index chart, prices found the their lows around the 74.00 support region, where a Short C), sub-wave of a corrective blue wave B is complete. The market has already advanced by more than 500 points since the 74.19 lows were reached, which suggests that a new bullish trend is in progress with an impulsive start. Traders should see a bullish continuation over the coming weeks, towards the minimum 81.00-82.00 objective.

credit to TheLFB

i suggest u use global debit card

This card: 45$ for delivery, then 1$ monthly maintenance, then 2$ load + 2,45$ per withdraw +2,2% (* When a Purchase Transaction or ATM Withdrawal is requested outside of the U.S., up to 2.2% above market rate will be assessed based on current foreign exchange rates)

But I guess it would be secure to prevent BNM intervention..