i have been searching for an 'intermediate' or 'expert' seminar but couldn't find one ... those 'intro' ones always teach 50% of the uncles how to use mouse and type in keyboard ....

one time the guru told me if I want, I can learn all in 30 minutes instead of following the 5 days courses, he said he doesn't need 5 days to teach, but the students want to have 5 days before paying the course fee ... as in paying for the quantity (number of days) and not the quality ( the actual knowledge)

KL got private small gang, study group, invest group on forex or not ? like

somehow I wonder why I didn't participate in this topic more than I should .... I have written step by step forex before with a twist that MOST ppl don't tell .... in step 4

"you must learn Expert Advisor in forex trading, else you REALLY don't know what the hell you are doing even if you do ..."


full info here at http://malaysiapersonalfinance.blogspot.co...ust-use-ea.html


the steps

1. download FREE forex trading software from MetaTrader4

2. Get the demo account for FREE and then learn to buy, sell, long, short using the trading platform. Make as many buy sell transactions as you can and observe why the result is different than you would expect.

3. Understand price gap which is Different in each currency pair. You should eventually find out that there are only 3-6 currency pairs that you should trade in because they have the smallest price gap. This price gap is dynamic and it is possible that the gap changes right at the moment you execute a transaction, although not often.

4. Understand Expert Advisor feature in the software, you should learn (a) how to use it and how to (b)implement your own trading strategy.

5. Use real money ONLY after you have found an investment strategy that is proven can bring you return more than 60% of the time.

6. Apply money management, risk reward ratio, win lost ratio etc.

This post has been edited by mtsen: Jul 14 2009, 04:38 PM

The fundamental of technical is gambling
http://malaysiapersonalfinance.blogspot.co...ble-to-win.html

And the goal is to keep the winning ratio as close to 50% as possible while trading full time ...

Different group of people may means different things,

For Malaysian, I would think of Moving Average, MACD, RSI, Stoichastic ...

typical enuf ?

the fundamental of technical analysis is that some methods will apply in some situations, NO single method can cater for ALL situation.

true true, is illusion the winner or reality the loser ?

i actually like ibfx too ...

on the other hand, technical analysis also claims that fundamental is rubbish ....

don't PM me, just read here about EA to develop your own strategies scientifically and back test as much as you want ...