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 Forex V6

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RwGlmllhpSX
post Jan 11 2010, 01:03 AM

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QUOTE(z2forex @ Jan 9 2010, 11:54 PM)
Good for you, bro thumbup.gif . I managed 116 pips yesterday, mostly by scalping earlier in the day. Didn't trade during NFP because I got something else to do last night. Are you still trading GU exclusively?
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You call a 116 pips trade a scalp? Are you God?
RwGlmllhpSX
post Feb 10 2010, 04:53 PM

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QUOTE(mynewuser @ Feb 10 2010, 06:17 AM)
I heard many people get burn in forex. Is it true?
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yep mostly because they money they put in drained into this account:

user posted image
RwGlmllhpSX
post Feb 10 2010, 11:50 PM

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QUOTE(cmk96 @ Feb 10 2010, 05:00 PM)
Hi RwGlmllhpSX, nice chart. If anyone can do it, he will be the richest person in m'sia (or the world) .... turning 100 into 2 million in a year plus. hahah!

Mind to share whose account is this? smile.gif
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Yepp, he'll be richest person in msia/world, but nobody will know, you know why?

unlike stocks, forex trading no centralised brokerage like bursa, so nobody knows their total asset.

if you dun believe me see richest person in world/malaysia all also holding some company's stock, they're listed because they have those stock which is tracable, i'm sure there are many rich person who're maybe even richest than buffet like maybe soros but he dont put money in bank or bursa how ppl know their total asset?


RwGlmllhpSX
post Feb 11 2010, 01:18 AM

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QUOTE(Sham903n @ Feb 10 2010, 11:54 PM)
i can visualize this.. 100 to 2,000,000... what a beautiful view... erm back to realtime... whats my acct at now... eekk still longway to go
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Farni people believe in Direct Sales' stupid plans but don't believe in forex...
RwGlmllhpSX
post Feb 11 2010, 06:53 PM

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QUOTE(wodenus @ Feb 11 2010, 02:53 PM)
If you try to transfer a billion (for instance) into a local account, and you are not already well-known, all sorts of alarm bells would go off. Then you will have to explain how you got the money. Then they will know. Forex companies have to disclose their records to their home governments, so they will know too.
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No need to transfer billion to local account, just transfer to swiss account/US account and apply a card like payoneer and spend the money here using the card.
RwGlmllhpSX
post Feb 13 2010, 02:11 AM

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QUOTE(mon444 @ Feb 12 2010, 04:28 AM)
anyone using ikofx? mind sharing exp  thumbup.gif
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It is a broker by a Malaysian Chinese, because Malaysia can't legally register a broker so he created the office in Cyprus.

you can check in alexa most traffic is from malaysia.

you can also see that the secure.ikofx.com is http not https, which means it is not really that reliable.

but many people use la... support malaysia mah...
RwGlmllhpSX
post Feb 13 2010, 10:44 AM

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QUOTE(hewtwok @ Feb 13 2010, 09:07 AM)
wow...really? a malaysian broker? wow...i wonder what is the start up cost for such fx co  drool.gif ...

interesting...
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Actually you shouldn't call it a broker, but should call it a dealer instead.

A broker = only acts as middleman, make money from spread, regardless of your win/loss
A dealer = deal with you, you lose he earn, you win he lose

In forex market only ECN brokers are real brokers, others are just dealers or they call it Market Makers.

Most of the time you know it is a market maker when it gives a lot of bonuses of deposit, local deposit, giving referral commisions, advertised in forums etc.

With market makers you will have no problems depositing money, no problems losing, but can't withdraw or account terminated for making money.

My FxMalay(FxOpen) account got terminated because I made too much money in the account.

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