Having 1 account with marketiva (easy and convenient because i can easily fund my money with LR , but make sure that you keep this account with small amount) , 1 account with IBFX (so far so good) , according to my friend alpari-UK is great too, anyone here try alpari - UK ?

lemme share another 1 of many "mind/emotion tools" that you can use in your trading plan to reduce greed affect; our mind can see and filter info.. but our subconcious mind will take everything as it is.. like a little kid so gullible..
What you can do to maintain your sane trading decision is by taking out profit and leave your original balance. Your subconcious mind will think your acct never grow and will not let you think that you're superman. Move the profit to another account or withdraw..
This is not suitable for someone who is already steady with their trading mind/decision or using EA.. but good for new trader who is struggling with growing his account.. once you reach a certain amt in the safe keep account you may use it to double your deposit.. that way your mind think its not profit made but money earn being risk to trade and will be more careful
*its an Art because you have to use Experience and Judgement to make decision.
*its Science because youre using Mathematical Process from past history to make decision.
its balancing both to reach your goal..

When market is trending sideways with no clear direction..the scalpers will make more money.. I like to use bollinger bands as a visual guide.. Indicators are just tools of the trade, do not rely on them for entry signal.. Learn to read price action.   

Anything lower than H1 timeframe is risky imho.. U can scalp on the H4.. use tight stop loss near the SNR around the upper and lower bollinger bands.

Can u spot my entry points?    Trade with the trend.. short position only. 



Once u see price moves harmonically like this, its a no brainer. You can also use it in trending market..but require some experience..

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

What is the different between ADP & NFP?

Not sure about other platform, if I am not mistaken for MT4 platform, yes, u have to leave your PC/laptop online.  Of course, u don't need to keep looking at your PC for your TS to work  , set it and leave it online, and u can goto sleep liao.  Your MT4 platform will monitor the price and trail the stop accordingly as long as it is connected to the Server.

yihoooo, my GJ is giving me profits, holding 680pips right now, hold hold hold

Ya great advise. LOL yesterday i enter the buy then close it then go work till lunch hour. when open the forex chart. heart attack. lol. now still losing. still waiting. 

scar_face008, for me it's not to jump all in at once, I apply multiple entry for long term position. You might be right, might be wrong. In case you are wrong(very likely), you can add to your position at a better price. In case you are right, simply add more. Both ways, you win. Hope this helps 

Yes. In case of reversal, would you rather be already all in or halfway in?

Hi i few basic questions, hope can get some basic answers from pros here.

1) Is there any website that I can view the fluctuation of currency in these past few days or weeks or months?

2) If i invest in euro, then the bank will change my RM to USD then to EURO? Y cant just direct change to EURO. Like that wont lose so much to foreign exchange right?

I only know how to play over the counter. How do u play retail forex? Is it have to sign up with my bank (maybank)?

Also Euro seems going down. U think will go up again?

What do u mean pay some tuition fees? Im very interested in this since 2 or 3 yrs ago but got no clue how you guys play the retail.

ANyone kind enough to explain to me in layman's term? Not the technical stuff. After I understand the basic i can go into the deeper technical stuff myself. WHats the advamatge, disadvantage and risk ?

For example, unit trust the disadvantage is before u start u already lose your money to the agent/broker fee and stuff like that.