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 FOREX | v se7en, the market is very SucKy

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Ninjitsu
post Mar 13 2010, 10:09 AM

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Is this a bashing thread?

I'm outta here.
sleepwalker
post Mar 13 2010, 10:26 AM

Need sleep....
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QUOTE(Invince_Z @ Mar 13 2010, 05:42 AM)
owh that dst.still failed to understand how dst work blush.gif guess,its time to digest more info
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You will have to stay in a country with a big difference in sunrise and sunset hours to really appreciate DST. When I was in Melbourne, during winter, there is only about 8 hours of daylight, from 8am in the morning until about 4pm. However, when summer came, if we didn't implement DST, the sun would rise at 4am and set at 8pm.

Since nobody wakes up at 4am, so they implement Daylight savings to give us more daylight by moving the time forward 1 hour in November. So now the sun rises at 5am and sets at 9pm and we have more daylight, hence the name, daylight savings.

So come first Sunday of April, things are going in be in reverse as summer is ending in Australia and time will be moved 1 hour backwards.

The reverse is true for countries in the Northern Hemisphere.
K-san
post Mar 13 2010, 11:28 AM

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want to ask which forex platform can use
-leverage 1: 500
-min margin requirement can be usd 1000
- size can be put 0.01 standrad lot

thanks
sulifeisgreat
post Mar 13 2010, 11:54 AM

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QUOTE(sleepwalker @ Mar 13 2010, 12:51 AM)
That is why we hide our SL and TP from our broker so that they cannot spike us out. It's not an ugly truth. It is the truth. We are playing against the broker. They want our money and we want to make money from them. We don't win other people's money like the stock market. We have to win the broker's money. If you read the excerpt that I took from the CFTC, they did specifically say that we are betting against the broker. People should not be trading until they read all the terms and conditions. It is all stated clearly there but people just don't read.

*
the money quote nod.gif forex trading is playing against the house, very different from stock market brows.gif


Added on March 13, 2010, 11:56 am
QUOTE(bulkbiz @ Mar 13 2010, 07:54 AM)
sleep, I am agree with you I don't contribute much here, HAHA, I admit, and from the way I look here, NON of us here is contributing since day 1, HAHAHAHA
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101% agree for this forex thread & external links had alredi been given for further reading by forumers rolleyes.gif

This post has been edited by sulifeisgreat: Mar 13 2010, 12:03 PM
rstusa
post Mar 13 2010, 01:50 PM

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I'm agree as what bulkbiz said, better experience LIVE account in your trading before argue anything, you'll get the answer in LIVE account. Anyone think that they're earning consistent monthly income in forex trading, then just give out your guts to argue or advise something here, nobody will oppose your opinion one, because you already have stable income.
Edition
post Mar 13 2010, 10:47 PM

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QUOTE(bulkbiz @ Mar 13 2010, 07:54 AM)
haha, you still don't get it obviously, it is ok for you to scold me as dumb, LOL. But again I strongly advice you to TEST your method with LIVE ACCOUNT. If not, good luck, tsk tsk tsk.

sleep, I am agree with you I don't contribute much here, HAHA, I admit, and from the way I look here, NON of us here is contributing since day 1, HAHAHAHA
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Thank you Bulk... And I'm not scolding you DUMB... Please don't misunderstand... lol... I just said that I felt being treated like a dumb and know nothing in here... smile.gif

This post has been edited by Edition: Mar 13 2010, 10:48 PM
kaiying
post Mar 13 2010, 11:18 PM

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hey anyone helping others to trade as a form of business? i'm not really good in forex only know the basics.. therefore looking for someone who can help me trade in the same time guide me how he/she trades.

pm me k? thanks
Sham903n
post Mar 14 2010, 12:31 AM

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QUOTE(Edition @ Mar 10 2010, 08:45 PM)
I'm a newbie in scalping and I would like to try to scalp for 3 months in my demo account. Like what Sleepwalker said I scalp what my indicators show me and not what I think. Can I survive? Hehe... There is no SL and TP in my trade. Lets give it a try... For update you can take a look at Myfxbook. Scalping will start this month March 2010 until end of May 2010...biggrin.gif
I would be scalping using price action from 1M TF to 5M TF + other indicators... smile.gif
*
scalping is addictive but tiring... smile.gif, when I scalp I dont use whats thought in our trading group. I use 1 ocilators, 2 ma, 1 custom indi, each one shows me entry, exit and its the current range... im currently learning MQL4 programming.. hopefully one day I can program an EA.. it will take out the emotional/mental element and change it to mechanical..
Im currently changing from scalping to position holder possibly more than a month.. I have a few open position... currently my longest trade started at 2nd March with total >20% floating profit from my total equity, not bad for 2 weeks. We will see if I can fish more moolaah.. next week.. still learning not to take profit early.. arghh so tempting to close all position...
oh ya.. im a gamer 15years ago and still a gamer now.. I play online game while im trading..since my pc can Multi-trade with 4core cpu easy now.. at least it kills some of the waiting/monitoring time and keep my emotion occupied with somthing else..lately I start to feel long term position holder is right for me.. getting old i guess..
ohh one more thing.. "trust me, once you go live, you will learn... alot"
all the best in your scalp trades..

This post has been edited by Sham903n: Mar 14 2010, 01:00 AM
SUSRaymondetc
post Mar 14 2010, 04:56 PM

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QUOTE(Sham903n @ Mar 14 2010, 01:31 AM)
scalping is addictive but tiring... smile.gif, when I scalp I dont use whats thought in our trading group. I use 1 ocilators, 2 ma, 1 custom indi, each one shows me entry, exit and its the current range... im currently learning MQL4 programming.. hopefully one day I can program an EA.. it will take out the emotional/mental element and change it to mechanical..
Im currently changing from scalping to position holder possibly more than a month.. I have a few open position... currently my longest trade started at 2nd March with total >20% floating profit from my total equity, not bad for 2 weeks. We will see if I can fish more moolaah.. next week.. still learning not to take profit early.. arghh so tempting to close all position...
oh ya.. im a gamer 15years ago and still a gamer now.. I play online game while im trading..since my pc can Multi-trade with 4core cpu easy now.. at least it kills some of the waiting/monitoring time and keep my emotion occupied with somthing else..lately I start to feel long term position holder is right for me.. getting old i guess..
ohh one more thing.. "trust me, once you go live, you will learn... alot"
all the best in your scalp trades..
*
I think scapling is very very stressfull, watching the screen full-time. When it go against you, that two thing below also shrunk. I though i was the only sour looser, that feel that the "house" is eating our $ as it always spike me out (on my SL). Hehe , looks like we have some common feelings.

I'm a newbie, still loosing $, hense nothing much to contribute yet, but being here in this thread, i guess is sufficient to 'add' moral support and keep this treat active.

Looking forward to Monday, to start loosing again rclxub.gif I'm one of the 95% now, but i'll definatly move up the ranks and shall join you guy (in the 5%) , soon, i hope. Hehehe thumbup.gif

This post has been edited by Raymondetc: Mar 14 2010, 05:00 PM
bulkbiz
post Mar 14 2010, 11:05 PM

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This report sent to my mailbox and I find it very funny and true. Please read my friend.

Attached File  secret.pdf ( 452.08k ) Number of downloads: 77

bL4cK_73dDy
post Mar 15 2010, 12:31 PM

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QUOTE(Invince_Z @ Mar 8 2010, 11:01 AM)
bot is legal, but dont depend on it too much.
*
QUOTE(MNet @ Mar 8 2010, 11:07 AM)
y not if ur bot can earn million
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QUOTE(Invince_Z @ Mar 8 2010, 11:47 AM)
well, if that kind of bot does exist, lemme know. so far, i hv yet found 1.
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Hi guys,

I'm currently using a bot that recommend by my friend. According to him, its very reliable and i'm trying it out personally before telling you guys ok?
Will update you guys with proof in 3 months time wink.gif
normeck
post Mar 15 2010, 12:32 PM

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GU


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TSInvince_Z
post Mar 15 2010, 02:47 PM

!M4 !3eY0nC! 1337!!!!
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QUOTE(bL4cK_73dDy @ Mar 15 2010, 12:31 PM)
Hi guys,

I'm currently using a bot that recommend by my friend. According to him, its very reliable and i'm trying it out personally before telling you guys ok?
Will update you guys with proof in 3 months time wink.gif
*
sure. np. even so..i had prefer trading on my own.
jack2
post Mar 15 2010, 08:05 PM

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Which VPS offers good speed and cheap?
J(o)y
post Mar 15 2010, 09:03 PM

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What is bot?

What is vps?
Sham903n
post Mar 15 2010, 09:21 PM

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QUOTE(J(o)y @ Mar 15 2010, 09:03 PM)
What is bot?

*
Bot?
some call it robot/bot/expert advisor/MQL4 programing but what ever it is.. its method of manual trading made automated/machanical..
One should understand the criteria of certain EA before using them.. dont just pick up one free on the net and use..
because some EA are not made for your Broker... so chk for compatibility... mercedes parts can use in proton?
google it up..

pro's and con
EA can give you signals to buy or sell, also can make the trading automated for you.. so not all EA the same.. some just calculate all open positions..

if you are new trader, using this you will never learn the essence of trading... usually people who is experience in trading use custom ea derived from their own trading strategies.. would you trust some stranger method risking your cash by using EA ? its like giving your money to some stranger to trade, scary...

This post has been edited by Sham903n: Mar 16 2010, 12:44 AM
Ninjitsu
post Mar 15 2010, 11:55 PM

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EA's are hopeless when there's high votality.


Added on March 15, 2010, 11:58 pm
QUOTE(Sham903n @ Mar 14 2010, 12:31 AM)
scalping is addictive but tiring... smile.gif, when I scalp I dont use whats thought in our trading group. I use 1 ocilators, 2 ma, 1 custom indi, each one shows me entry, exit and its the current range... im currently learning MQL4 programming.. hopefully one day I can program an EA.. it will take out the emotional/mental element and change it to mechanical..
Im currently changing from scalping to position holder possibly more than a month.. I have a few open position... currently my longest trade started at 2nd March with total >20% floating profit from my total equity, not bad for 2 weeks. We will see if I can fish more moolaah.. next week.. still learning not to take profit early.. arghh so tempting to close all position...
oh ya.. im a gamer 15years ago and still a gamer now.. I play online game while im trading..since my pc can Multi-trade with 4core cpu easy now.. at least it kills some of the waiting/monitoring time and keep my emotion occupied with somthing else..lately I start to feel long term position holder is right for me.. getting old i guess..
ohh one more thing.. "trust me, once you go live, you will learn... alot"
all the best in your scalp trades..
*
My opinion would be to use the bollinger bands when scalping.

This post has been edited by Ninjitsu: Mar 15 2010, 11:58 PM
henryshean
post Mar 16 2010, 10:22 AM

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hi guyz, sorry if i post in the wrong room.

Would like to ask , anyone know any good forex seminar out there in KL?

ty
jack2
post Mar 16 2010, 10:35 AM

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QUOTE(henryshean @ Mar 16 2010, 10:22 AM)
hi guyz, sorry if i post in the wrong room.

Would like to ask , anyone know any good forex seminar out there in KL?

ty
*
no need go seminar de.. can learn from me.. hehhe icon_idea.gif
kelvin_tan
post Mar 16 2010, 11:54 AM

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pay me RM1000 (which i believe is way cheaper than those fx seminars that you plan to attend) and i will gladly teach you forex..

Cant believe ppl still believe in these seminars...

Edition, i suggest you read up more on forex and demo more before even thinking of trading. The questions you ask seem to be the sign of a newbie trying to enter currency trading and bear in mind, this is where ppl leave fx forever or continue trading if they are profitable. Bulkbiz may not be contributing in a very productive manner but all the same he has way more experience than u in currency trading as he is trading on a real account and also has been trading for a few years.

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