personal experience, visa debit for maybank, you need to call to the center to activate the online transaction/overseas transaction.
FOREX | v se7en, the market is very SucKy
FOREX | v se7en, the market is very SucKy
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Nov 16 2010, 04:50 PM
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Junior Member
215 posts Joined: Dec 2004 From: Squirrel Hut! |
personal experience, visa debit for maybank, you need to call to the center to activate the online transaction/overseas transaction.
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Nov 16 2010, 05:20 PM
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Junior Member
26 posts Joined: Aug 2010 |
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. 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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Nov 16 2010, 06:36 PM
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Senior Member
1,527 posts Joined: Jan 2008 |
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? cant u use paypal with ur debit card? |
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Nov 16 2010, 06:43 PM
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26 posts Joined: Aug 2010 |
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Nov 16 2010, 08:13 PM
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1,203 posts Joined: Dec 2007 From: Bumi Kenyalang, Kuala Lumpur |
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Nov 16 2010, 08:37 PM
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491 posts Joined: Apr 2006 From: KL - KK |
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..
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Nov 16 2010, 11:19 PM
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1,364 posts Joined: Mar 2009 |
Forex is gambling, last time i heard one of my new met collegue says
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Nov 16 2010, 11:24 PM
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2,185 posts Joined: Oct 2005 |
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Nov 17 2010, 01:12 AM
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1,203 posts Joined: Dec 2007 From: Bumi Kenyalang, Kuala Lumpur |
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Nov 17 2010, 01:51 AM
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357 posts Joined: May 2006 |
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? 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 |
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Nov 17 2010, 03:23 AM
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491 posts Joined: Apr 2006 From: KL - KK |
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Nov 17 2010, 11:18 AM
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2,096 posts Joined: Oct 2007 |
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Nov 17 2010, 12:02 PM
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350 posts Joined: Jan 2009 |
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. |
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Nov 17 2010, 12:08 PM
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2,185 posts Joined: Oct 2005 |
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Nov 17 2010, 02:36 PM
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26 posts Joined: Aug 2010 |
QUOTE(tsarena @ Nov 17 2010, 02:51 AM) I'm using maybank visa debit fund into fxcm. YES! the transaction is approved.. thank you very much man. you've been a great help.. 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. |
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Nov 17 2010, 07:24 PM
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2,185 posts Joined: Oct 2005 |
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Nov 18 2010, 10:05 AM
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4,081 posts Joined: Aug 2005 |
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~~ |
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Nov 18 2010, 10:37 AM
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Senior Member
2,185 posts Joined: Oct 2005 |
QUOTE(low yat 82 @ Nov 18 2010, 10:05 AM) traders, gamblers, chartist, funder, or watever u may call urself r. Withdraw maybe 50% of your profits .. so you can still get a compounding effect on your account.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~~ |
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Nov 18 2010, 10:58 AM
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4,081 posts Joined: Aug 2005 |
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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'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?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. Added on November 18, 2010, 12:36 pmAny recommendation for beginner to start real trading in Malaysia?Those with lower min deposit. This post has been edited by Iron Man85: Nov 18 2010, 12:36 PM |
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