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 Forex V6

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bulkbiz
post Dec 30 2009, 11:39 PM

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QUOTE(wodenus @ Dec 30 2009, 07:15 PM)
The rollover cost won't kill your profit?
*
IBFX don't have rollover, they have swap, but sometimes i got positive swap(interest) from that pair, carry trades ma.
bulkbiz
post Dec 31 2009, 02:13 PM

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Do you have other bank? Or easiest is go to bank counter straight away...

This post has been edited by bulkbiz: Dec 31 2009, 02:14 PM
bulkbiz
post Jan 4 2010, 03:23 PM

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Recently read some blog on currency war, Year 2024 to combine currency,which means worldwide to only have one currency type, if that really happen, all the forex broker will close shop, full time trader might need to find a job or trade other market to survive.....

is it possible?

This post has been edited by bulkbiz: Jan 4 2010, 03:23 PM
bulkbiz
post Jan 4 2010, 03:40 PM

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QUOTE(billytong @ Jan 4 2010, 03:25 PM)
not possible. world currency is like telling USA and Russia + Europeon Union + China + japan to combine into 1 single country. The posiblity of Human staying in Mars is much higher than this one.
*
LOL, thanks for sharing your view...

others?


Added on January 4, 2010, 3:41 pm
QUOTE(jurne @ Jan 4 2010, 03:37 PM)
Make your millions before 2024, then no need scared. lol rclxm9.gif
*
LOL I wish I could

This post has been edited by bulkbiz: Jan 4 2010, 03:41 PM
bulkbiz
post Jan 6 2010, 03:42 PM

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I think we all should become INDEPENDENT traders who can take control of their own trading destiny without having to rely on any person or robot.

Just my 2 pips
bulkbiz
post Jan 6 2010, 10:03 PM

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Guys, read this q&a

http://www.bnm.gov.my/microsites/fxadmin/0...faqs.htm#04_q02

--------------
# Is trading of foreign currency through the internet allowed?

No. Residents are not allowed to trade currency through internet.
Residents are only allowed to buy or sell currencies in Malaysia with authorised dealers and those entities permitted by Bank Negara. Please refer to website at http://www.bnm.gov.my under "Foreign Exchange Administration" for further details.
^back to top
-----------------------
bulkbiz
post Jan 7 2010, 08:12 AM

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I ask opinion from my full time trader friends, he has been trading forex full time for 10 years, this is what he told me:

------------------
as an individual trader, you hv yr right to invest or trade your money anywhere in the world with authorised brokers, unless you trade with unauthorised broker or any person without license locally, then both parties are illegal

-----------------------------------
bulkbiz
post Jan 7 2010, 09:19 AM

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QUOTE(ALeUNe @ Jan 7 2010, 09:05 AM)
Please name few authorised brokers that have valid license locally.
*
Locally don have.....idiot also know about this, oversea yes, like ibfx.
bulkbiz
post Jan 7 2010, 12:41 PM

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I think no need worry about BNM, just like what billytong said, any activities we do outside the countries is not covered by Malaysian law. Our money in forex account grow, and we withdraw bit by bit(cannot one lumpsum, or else BNM will question you), then everything should be ok. Maybe I will migrate to aussie in the future, or canada.
bulkbiz
post Jan 7 2010, 03:47 PM

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QUOTE(jurne @ Jan 7 2010, 01:47 PM)
Slogan writing competition to win a forex trading video for noobs like me.
*
haha, I took part also, but didn't win....LOL, can share ar, hahaha J/K la
bulkbiz
post Jan 10 2010, 12:00 AM

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[quote=singdreams,Jan 8 2010, 10:08 PM]
nice biggrin.gif
*

[/quote]
How you felt as a daily trader here?
*

[/quote]

Daily trader have peace of mind
bulkbiz
post Jan 12 2010, 03:43 PM

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market makers like FXDD always do that, their system can view where you put your SL, or overall SL price, they will try to spike the price.

That is why I trade daily chart, trying to ignore the intraday volatility, because the price will eventually back to the real price quotes from real exchange by end of the day.
bulkbiz
post Jan 12 2010, 05:08 PM

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QUOTE(cmk96 @ Jan 12 2010, 04:26 PM)
why do you say FXDD is the market maker? any broker can detect the SL level of its client (if the client set one).
*
FXDD is just an example, FXOPEN, instaforex,ikoforex,ibfx,easyforex and so on so on....they are all market maker, but of course if you can make money with it, everything is fine, I am just giving out my opinion, and the reason I trade longer term chart smile.gif
bulkbiz
post Jan 14 2010, 07:54 AM

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I am holding my short position, will TP once it close above the ma


Attached Image
bulkbiz
post Jan 14 2010, 09:47 AM

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QUOTE(mabsandcals @ Jan 14 2010, 09:00 AM)
Hi Fellow Forumers,

I'm a learning noob in FX trading and since been on my own for a couple of months.

Since reading this thread from page 1-20 it took me about 2 hours  rclxms.gif

Good information, I will try to follow through on the rest until the end.

However time to do other things.

What I've seen is many expert talk abt this world of FX trading.

Fundements vs Technical

Brokers to use, issues.

etc etc.

I like to ask I have been using liteforex and actually payed some tuition fee by burning my account LOL rclxub.gif

Now im trying to start to trade back consistently with a 0.01 account.

*Is Liteforex good in any way?

*What is the best way to transfer to any account if recommended? (Small amount)

My Gift to you forumers is I started off with one book (e-book / my eyes went sore trying to finish it and trying to look at green lines in the early morning blink.gif )

Jack Schwager - New Market Wizards

- Totally blew my mind about the trading, types of traders and trading type. Taught me that no one method would be all ultimate. Taught me to have your own trading style. Most important of all, whenever I was lost or out of synch with everything I remembered the people in this book. Inspiring.

I recommend this as a light read to all the other noobs like me  sweat.gif

I guess some of you might have read this one?

Hope to join you guys more often in this thread.

Regards

Cals  thumbup.gif
*
Forex is illegal, r u sure you want to learn?

bulkbiz
post Jan 17 2010, 11:16 AM

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QUOTE(woopypooky @ Jan 17 2010, 08:44 AM)
heard CFTC is implementing leverage maximum of just 10:1 in forex retail.
*
crazy man!
bulkbiz
post Jan 27 2010, 11:16 PM

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Never predict the market..........
bulkbiz
post Feb 2 2010, 12:35 PM

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QUOTE(sleepwalker @ Feb 2 2010, 11:51 AM)
Aussie Aussie Aussie.. oi oi oi.. 80pips in 1 min. Thank you.
*
haha, I noticed that also, my equity suddenly increase....
bulkbiz
post Feb 2 2010, 06:51 PM

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QUOTE(sleepwalker @ Feb 2 2010, 06:47 PM)
You definitely got it all wrong and you have not answered my question. Nobody asked you to be so stupid to use all your leverage to open such a big order. Also, there is no such thing as a 100/pip. One standard lot will give you 10/pip and you need 10 standard lots to get 100/pip.

Even though you have the leverage, you don't need to buy 10 standard lots. You don't even need to buy 1 standard lot. You can play 1 micro-lot and enjoy the big free margin that you'd have from the higher leverage.

Seems like we have another person who does not understand the idea of leverage.

Everybody.. repeat after me.. "My leverage does not put me at risk. My leverage does not determine my order size. It is my stupidity that I over-leverage and open an order that my capital cannot support."

Repeat.
*
haha, right.
bulkbiz
post Feb 2 2010, 07:07 PM

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QUOTE($Dream$ @ Feb 2 2010, 06:55 PM)
haha u r right!!

by the way where is Kelvin and G? no more sifu at this thread?
*
You can find them in chat room. They are the real 5% winner in forex.

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