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 FOREX | v se7en, the market is very SucKy

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wodenus
post Apr 10 2010, 09:10 AM

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QUOTE(Sham903n @ Apr 10 2010, 08:54 AM)
Ive close all pos lastnight, grown my acct another 16% from 1st april.. should have close earlier would have gotten my self 24%.. beat that banker! another 20days to grow more.. slow and easy... no rush for me
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How much is that in ringgit?

wodenus
post Apr 10 2010, 12:47 PM

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QUOTE(Sham903n @ Apr 10 2010, 10:32 AM)
not much la bro.. enough to pay 1 monthly payment of 3 years duration brand new crv malaysia.


Not a lot then. Just wait till you start making millions, and then tell me you make 16% in ten days or whatever.

wodenus
post Apr 11 2010, 09:09 PM

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QUOTE(cracksys @ Apr 11 2010, 07:25 PM)
you don't catch sarcasm well my friend.
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What I mean is that all the paid-up capital of some of the companies amount to less than $10mil. Now imagine you have that ROI, eventually you will make $1mil, then you will make $10mil, then you will make $100mil. How are they going to pay you then?

This is why I said, when you start making millions, is when it gets interesting, because they might not have the money to pay you.

This post has been edited by wodenus: Apr 11 2010, 09:10 PM
wodenus
post Jul 28 2010, 11:28 AM

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QUOTE(fxeturn @ Jul 27 2010, 11:45 AM)
He's just a forum member of ForexFactory a few years ago when the website began, and the thread he started grew big up till now it has over 69k posts and 8.5 million views and counting every single day. His methodology is to treat FX as a business and a serious long term investment rather than the usual 'get-rich-quick' styles you see everywhere. Setups discussed in the thread are PA based. I'm in FX for more than 18 months now, and I found James16 to be very effective if you're willing to read everything in there and be patient. The seniors in the thread have been offering free assistance and advice over the years and they are still there. I have tried countless indicators and systems but realized it's all near useless. J16 methods doesn't really give you the fish, but teach you how to fish for yourself, so it might not appeal to some traders who are looking for the shortcuts.
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How would you do forex long term if you have to pay rollover? yea I realize you might actually earn from rollover, but you only usually earn from rollover if you're going in the wrong direction. The rollover would eat up all your profit right?


wodenus
post Jul 28 2010, 05:54 PM

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QUOTE(luqmanz @ Jul 28 2010, 03:41 PM)
I think its the same rate ... minimum is USD 100 i think


Added on July 28, 2010, 3:43 pm

Rollover like in futures? Retail forex dont have that.
Maybe u mean swap ? I have no idea bc I opted for no-swap account.
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Rollover and swap are synonymous aren't they? you have a no-swap account? from which broker? and how would they survive if they don't charge swap?


This post has been edited by wodenus: Jul 28 2010, 05:54 PM

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