hi

can u guys recommend me where's the best place to learn forex trading n who's the best sifu? i'm a newbie n seeking for a great sifu here. thanks.

This post has been edited by mardybum: Apr 25 2010, 07:05 PM

Is a drama or movie?

@mardydum
what is ur expectations for the sifu and in return what are u going to provide to the sifu? LOL ..

pm-ed

well nice pm mardybum.. unfortunately im not into teaching forex.. i believe in discussions.. but teaching is not my cup of tea.. you could learn the basics at www.babypips.com/school

do u think if 15-25% return on capital constantly every month is good?

ya, definitely super duper good already, but maintaining that kind of performance in the long run is the goal, we need consistency

if you can grow 15% per month, over 1 year, the return will be 5.35x


i'm still learning how to trade during the opening market time on demo as my actual account down from 3k to 1.35k atm.

lol.. 15% a month is good.. if u can do it consistently ...

anyone know of service where people trade forex for you? in other words managed accounts? how is the return?

hi, is forex trading illegal in Malaysia, even if we are using overseas brokers?

this BNM seem to say so.
http://www.bnm.gov.my/index.php?ch=8&pg=14&ac=1976

---

Added on April 27, 2010, 9:07 pm"Authorised controller"
is Interbankfx and Oanda authorised by Malaysia?

This post has been edited by woopypooky: Apr 27 2010, 09:07 PM

EUR/USD

so far 7 mths in history

Is it possible to earn $250 per day with $100 balance? o.0

Why not you try it and let us know... have you started trading yet or still "thinking"?

LOL.. another individual that plans to double/thriple his/her account overnight.. good luck.. u going to need it badly

---

Added on April 28, 2010, 9:56 am@jack2
thats quite good.. keep it up for another 1 year and u be quite rich i hope u meant 15% compounding?

@wookypooky
forex trading i am not so sure how illegal it is but a friend of mine working in an investment bank told me that forex trading is illegal if the base currency that is traded is MYR ..

This post has been edited by kelvin_tan: Apr 28 2010, 09:56 AM

LOL... not to say impossible but, 1 in a million chance maybe

If you can earn it consistently daily, then i praise you as a sifu, else you better invest into Magnum 4D, i think can get better result.

Hi everyone.

I was engaged by friend about Forex exchange at forex.com.

There are couple things that come into my mind.

How to detect it is a scam.
The account created on forex.com under my name and i have to authorize a trader to trade for me. (mean worry free).
There is sum of amount i need to pay to trader at fix amount yearly.

1. Forex.com is reliable source ?
2. What can authorized trader do ? Possible purposely causing money losing to gain on his end ?
3. I am thinking getting forexautopilot to test out demo account. Anyone using this software and where to get it(Last time was sold in LYN but being ban after that).

for EUR/USD, the trend is always bear since the beginning of year 2010.

The only reason to long euro is for counter trend retracement, infact it is a far more safer to do it only right after a 150-200pips drop. Otherwise it is only short during regular time until the Europe fundamental change drastically. The euro has been ranging 200pips range every week. It is shifting its range from 1.32-1.34 to 1.31-1.33 now.

Good luck.

btw, tonight mid-night(or tomorrow) is FOMC rate decision. Please manage your risk. The peeps in FOMC can say anything to boost USD.

This post has been edited by billytong: Apr 28 2010, 03:55 PM

I've tried on demo many many accounts and keep losing....
Seems like those theory and the practise is totally different... Very hard to learn the skill..