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 FOREX | v se7en, the market is very SucKy

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tUps
post Nov 16 2010, 04:50 PM

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personal experience, visa debit for maybank, you need to call to the center to activate the online transaction/overseas transaction.
ctleong
post Nov 16 2010, 05:20 PM

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QUOTE(tUps @ Nov 16 2010, 05:50 PM)
personal experience, visa debit for maybank, you need to call to the center to activate the online transaction/overseas transaction.
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i see.. btw i also heard that if the bank check and found out that the name of recipient of the transaction has the word "forex", they will ask a lot of questions and sometimes they will decline the transaction. is that true?
myvi5949
post Nov 16 2010, 06:36 PM

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QUOTE(ctleong @ Nov 16 2010, 05:20 PM)
i see.. btw i also heard that if the bank check and found out that the name of recipient of the transaction has the word "forex", they will ask a lot of questions and sometimes they will decline the transaction. is that true?
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cant u use paypal with ur debit card?
ctleong
post Nov 16 2010, 06:43 PM

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QUOTE(myvi5949 @ Nov 16 2010, 07:36 PM)
cant u use paypal with ur debit card?
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im using FXCM. they dont have paypal for depositing fund. u got any suggestions for brokers that use paypal for deposit?
bulkbiz
post Nov 16 2010, 08:13 PM

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QUOTE(ctleong @ Nov 16 2010, 06:43 PM)
im using FXCM. they dont have paypal for depositing fund. u got any suggestions for brokers that use paypal for deposit?
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Just try to TT over, it shouldn't be any problem.
Sham903n
post Nov 16 2010, 08:37 PM

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thats the problem... depo slow.. withdraw slow... i wonder if we too worried because we have 100k above in it.. I guess if you have 100-1000.. i think you just being paranoid.. losing that much..
singdreams
post Nov 16 2010, 11:19 PM

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Forex is gambling, last time i heard one of my new met collegue says hmm.gif
luqmanz
post Nov 16 2010, 11:24 PM

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QUOTE(singdreams @ Nov 16 2010, 11:19 PM)
Forex is gambling, last time i heard one of my new met collegue says hmm.gif
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what is met collegue?
bulkbiz
post Nov 17 2010, 01:12 AM

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QUOTE(singdreams @ Nov 16 2010, 11:19 PM)
Forex is gambling, last time i heard one of my new met collegue says hmm.gif
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Correct, it is gambling for a loser.
tsarena
post Nov 17 2010, 01:51 AM

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QUOTE(ctleong @ Nov 16 2010, 03:15 PM)
anyone try to fund their forex account using maybank visa debit? i tried to deposit fund into my fxcm account but it was declined, also i have registered for MSOS, still failed. anyone knows how to do it?
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I'm using maybank visa debit fund into fxcm.

I think if you deposite $100 should be no problem as long u already registered MSOS. If more than that, u need to go to atm to reset the max amount allow for online transaction. By default they set rm500 I think. U can try call maybank hotline, they will tell u which menu to set for at the atm.

That's what I did when my transaction was declined last time...
After reset the amount, it's ok already.

For FXCM, after transfer it'll takes about 3-4hrs or at most half a day then the money will be in ur account.

This post has been edited by tsarena: Nov 17 2010, 02:03 AM
Sham903n
post Nov 17 2010, 03:23 AM

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QUOTE(bulkbiz @ Nov 17 2010, 01:12 AM)
Correct, it is gambling for a loser.
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thumbup.gif thumbup.gif thumbup.gif
for trader level 1 it is
cmk96
post Nov 17 2010, 11:18 AM

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QUOTE(ctleong @ Nov 16 2010, 06:43 PM)
im using FXCM. they dont have paypal for depositing fund. u got any suggestions for brokers that use paypal for deposit?
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FXDD accept deposit and withdrawal by Paypal.
CallOfLegend
post Nov 17 2010, 12:02 PM

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Those who said forex is gambling, there are not trading forex, they are gambling.

Anyway my current strategy is I trade using fibonacci retracement on H1 chart, compare side by side with H4 chart (to detect the trend). I create multiple profiles on mt4, each profile for each major pair. I will only trade pair(s) that is trending on the H4 chart. If the pair is in sideway or it look uncertain to me, i switched to other pair. If i don't have time to monitor I will place pending order, usually at 50% retracement, but it depend on how i draw the fibo line. Stoploss and tprofit that i put depend on the volatily and ADR. Usually sl at 50-60 pips, tp maybe at 161.8% but mostly i put at weekly support&resistance(nearest). So far yield great results.

I gave up trading lower TF, always loss. Too much noise to predict the trend, or maybe doesn't suit me.
luqmanz
post Nov 17 2010, 12:08 PM

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QUOTE(singdreams @ Nov 16 2010, 11:19 PM)
Forex is gambling, last time i heard one of my new met collegue says hmm.gif
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Without knowledge, everything is a form of gambling ... tongue.gif
ctleong
post Nov 17 2010, 02:36 PM

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QUOTE(tsarena @ Nov 17 2010, 02:51 AM)
I'm using maybank visa debit fund into fxcm.

I think if you deposite $100 should be no problem as long u already registered MSOS. If more than that, u need to go to atm to reset the max amount allow for online transaction. By default they set rm500 I think. U can try call maybank hotline, they will tell u which menu to set for at the atm.

That's what I did when my transaction was declined last time...
After reset the amount, it's ok already.

For FXCM, after transfer it'll takes about 3-4hrs or at most half a day then the money will be in ur account.
*
YES! the transaction is approved.. thank you very much man. you've been a great help.. biggrin.gif rclxms.gif thumbup.gif
luqmanz
post Nov 17 2010, 07:24 PM

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QUOTE(ctleong @ Nov 17 2010, 02:36 PM)
YES! the transaction is approved.. thank you very much man. you've been a great help..  biggrin.gif  rclxms.gif  thumbup.gif
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yay ... now go make money ... rclxm9.gif
low yat 82
post Nov 18 2010, 10:05 AM

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traders, gamblers, chartist, funder, or watever u may call urself r.

need some opinion, shud i remain my acc small same size as d time i deposit funds to it or use compound effects to make higher profit / lose

already transfered bc 100% return profit to malaysia. now this is 2nd month, still lefft 25% to achieve 100% return which i think wont b a problem to complete it b4 end of this month.

d question is shud i remain my acc as small as it is OR opt to use compoundin effects? need decide b4 end of dec.

kthxbye~~
luqmanz
post Nov 18 2010, 10:37 AM

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QUOTE(low yat 82 @ Nov 18 2010, 10:05 AM)
traders, gamblers, chartist, funder, or watever u may call urself r.

need some opinion, shud i remain my acc small same size as d time i deposit funds to it or use compound effects to make higher profit / lose

already transfered bc 100% return profit to malaysia. now this is 2nd month, still lefft 25% to achieve 100% return which i think wont b a problem to complete it b4 end of this month.

d question is shud i remain my acc as small as it is OR opt to use compoundin effects? need decide b4 end of dec.

kthxbye~~
*
Withdraw maybe 50% of your profits .. so you can still get a compounding effect on your account.

low yat 82
post Nov 18 2010, 10:58 AM

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QUOTE(luqmanz @ Nov 18 2010, 10:37 AM)
Withdraw maybe 50% of your profits .. so you can still get a compounding effect on your account.
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never thought of dat..lol...tq

any other opinion?
Iron Man85
post Nov 18 2010, 12:24 PM

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QUOTE(tsarena @ Nov 17 2010, 01:51 AM)
I'm using maybank visa debit fund into fxcm.

I think if you deposite $100 should be no problem as long u already registered MSOS. If more than that, u need to go to atm to reset the max amount allow for online transaction. By default they set rm500 I think. U can try call maybank hotline, they will tell u which menu to set for at the atm.

That's what I did when my transaction was declined last time...
After reset the amount, it's ok already.

For FXCM, after transfer it'll takes about 3-4hrs or at most half a day then the money will be in ur account.
*
I'm still new in Forex trading,now looking for information before I start the real trading(now still doing demo). So you are using FXCM, it's reliable?


Added on November 18, 2010, 12:36 pmAny recommendation for beginner to start real trading in Malaysia?Those with lower min deposit. icon_question.gif

This post has been edited by Iron Man85: Nov 18 2010, 12:36 PM

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