Pratice make perfect, even a experiance trader do fail when trade, but they know how to control risk.

Learning how to control your emotion is very important,

Follow what you see in trend, NO what you want to see in trend

This post has been edited by tachlio: Jul 23 2009, 12:09 PM

IBFX got give free US50 but rule is you need trade 5standard lot,

and it is mini account, so it mean i need trade 50lot -.-

I had apply mine and i use it now, hope you all apply too

if you a long term player, find one with high interest + having nice up trend and put your luck there.

All waiting NFP result at 8.30pm later, so quiet today

Maybe you can try your luck later, Long before News but with SL, if it go up then you will had great win but if reverse you only lose the SL you set.

p/s: MUST PUT S/L

boring market -.-'

It will active on London + New York open

Order Types
Client terminal allows to prepare requests and request the broker for execution of trading operations. Moreover, terminal allows to control and manage open positions. For these purposes, several types of trading orders are used. Order is a client's commitment to brokerage company to perform a trade operation. The following orders are used in the terminal: Market order, Pending order, Stop Loss and Take Profit.

Market Order
Market order is a commitment to the brokerage company to buy or sell a security at the current price. Execution of this order results in opening of a trade position. Securities are bought at ASK price and sold at BID price. Stop Loss and Take Profit orders (described below) can be attached to a market order. Execution mode of market orders depends on security traded.

Pending Order
Pending order is the client's commitment to the brokerage company to buy or sell a security at a pre-defined price in the future. This type of orders is used for opening of a trade position provided the future quotes reach the pre-defined level. There are four types of pending orders available in the terminal:

Buy Limit — buy provided the future "ASK" price is equal to the pre-defined value. The current price level is higher than the value of the placed order. Orders of this type are usually placed in anticipation of that the security price, having fallen to a certain level, will increase;

Buy Stop — buy provided the future "ASK" price is equal to the pre-defined value. The current price level is lower than the value of the placed order. Orders of this type are usually placed in anticipation of that the security price, having reached a certain level, will keep on increasing;

Sell Limit — sell provided the future "BID" price is equal to the pre-defined value. The current price level is lower than the value of the placed order. Orders of this type are usually placed in anticipation of that the security price, having increased to a certain level, will fall;

Sell Stop — sell provided the future "BID" price is equal to the pre-defined value. The current price level is higher than the value of the placed order. Orders of this type are usually placed in anticipation of that the security price, having reached a certain level, will keep on falling.

Orders of Stop Loss and Take Profit can be attached to a pending order. After a pending order has triggered, its Stop Loss and Take Profit levels will be attached to the open position automatically.



Stop Loss
This order is used for minimizing of losses if the security price has started to move in an unprofitable direction. If the security price reaches this level, the position will be closed automatically. Such orders are always connected to an open position or a pending order. The brokerage company can place them only together with a market or a pending order. Terminal checks long positions with BID price for meeting of this order provisions, and it does with ASK price for short positions.

To automate Stop Loss order following the price, one can use Trailing Stop.

Take Profit
Take Profit order is intended for gaining the profit when the security price has reached a certain level. Execution of this order results in closing of the position. It is always connected to an open position or a pending order. The order can be requested only together with a market or a pending order. Terminal checks long positions with BID price for meeting of this order provisions, and it does with ASK price for short positions.

For me, i prefer login myself instead through server, scare if anything happen

How forex different form share >> Go read babypips you will know

Is this more technical as in a good knowledge in spotting trend will gurantee return>> Technical is important but fundamental also need to know, which one more important that u need try yourself

p/s: go some main forum read other view about forex like dailyfx / forexfactory / babypips / fxstreet

Market is waiting FOMC now~

This week is depend on this news later

Different ppl got different way to trade, why not you just try demo 1st

bro, seen like you really new to forex, you MM still

do learn babypips first

then read this

http://www.forexfactory.com/showthread.php?t=39514

very useful

bro, if you still new in Forex, focus on 1 or 2 pair

early morning in M'sia is only Aus open, the market volume is quite low, so hard to trade.

Maybe waiting for London open 2pm-12am is market most active

too many news come out ~ the market in control by news now~

maybe you can scalp before 3pm after 8.30pm... u will see market silent~ then spike, if you not familair with news better wait the dust come down

ya just now employement report is worse that forecast but seen like trend work in other way

next monday is US holiday~ after today shacking market may silent till NY + bank open.

i expert today NFP will had green look, because most of sector is showing recovery only unemployment rate is increase.

Just my two cent

This post has been edited by tachlio: Sep 4 2009, 09:47 AM

15 minute NFP out, hold on guy~~

UJ is getting hit badly, US economy drop into black hole as china economy pickup, ppl draw $ out of us

If all 90% quit then another 10% how to win?? Market is fair today u can win from other, next day if will flow to other if u continue stay,

Learn as much as you can, be the 10% in market, Forex is not sprint but marathon, if u understand this, u can stand long.

Most broker not trade renminbi coz it not major currency.

if u still new do get some basic from babypips or other related forum.

GL