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 Forex | Version 8, Foreign Exchange Market Discussion

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sahathai
post Dec 15 2010, 06:12 PM

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tried MIG demo account, very confusing at first as I never trade 5 digits before, asking price is read 20 pips away from current price instead of just usually 2 pips. But overall, so far I'm very satisfy with them, and as a scalper, I like these 5 digits trading as there is much more movement and volatility in price. Too bad, MIG only offered minimum account of USD2000 which is quite a lot for me as newbies...

low yat 82
post Dec 15 2010, 06:24 PM

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SWINGGG AA SWINGGGGG WOOOOOO!!!

it onli requires 3 days n jus need 15% more to achieve my 100% return.. hope God giv me d strength to control my emotion n NOT do things i've done for november....zzzzzzz

edited: resting for around 2weeks really do me good. haha~~~!@@@!!!

This post has been edited by low yat 82: Dec 15 2010, 06:25 PM
low yat 82
post Dec 15 2010, 06:31 PM

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QUOTE(sahathai @ Dec 15 2010, 06:12 PM)
tried MIG demo account, very confusing at first  as I never trade 5 digits before, asking price is read 20 pips away from current price instead of just usually 2 pips. But overall,  so far I'm very satisfy with them, and as a scalper, I like these 5 digits trading as there is much more movement and volatility in price. Too bad, MIG only offered minimum account of USD2000 which is quite a lot for me as newbies...
*
same also lo wit fxcm...

y not deposit usd2k, n after open TT bc malaysia XD
sahathai
post Dec 15 2010, 10:54 PM

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QUOTE(KeiKurono)
wtf is mig ? give me some link
*
It's a forex broker.. visit their website for more details... www.migfx.ch

QUOTE(low yat 82)
same also lo wit fxcm...

y not deposit usd2k, n after open TT bc malaysia XD
*
Does FXCM offers metatrader platform?
low yat 82
post Dec 15 2010, 11:25 PM

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QUOTE(sahathai @ Dec 15 2010, 10:54 PM)
Does FXCM offers metatrader platform?
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@.@ go visit their website loooo...... got la..
Sham903n
post Dec 16 2010, 06:54 AM

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QUOTE
"A mistake; If you dont follow your written trading rules. If you dont have a written trading rules, everything you do is a mistake" by Dr Van Tharp.


http://www.youtube.com/watch?v=HGtpQfZ7sfc&NR=1
low yat 82
post Dec 16 2010, 10:52 AM

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QUOTE(Sham903n @ Dec 16 2010, 06:54 AM)
haha...tradin plan is a must have for every traders.

IMHO, makin it into a checklist is much easier though..lol


JinXXX
post Dec 16 2010, 12:14 PM

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QUOTE(low yat 82 @ Dec 16 2010, 10:52 AM)
haha...tradin plan is a must have for every traders.

IMHO, makin it into a checklist is much easier though..lol
*
ah yo don't so difficult la..

its all abt discipline smile.gif
low yat 82
post Dec 16 2010, 12:31 PM

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QUOTE(JinXXX @ Dec 16 2010, 12:14 PM)
ah yo don't so difficult la..

its all abt discipline smile.gif
*
lol. its up to u.

they said, plan ur trade,then trade ur plan.


Added on December 16, 2010, 1:19 pmwakau,..... today so many news... how to trade....zzzz

This post has been edited by low yat 82: Dec 16 2010, 01:19 PM
sahathai
post Dec 16 2010, 01:31 PM

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QUOTE(KeiKurono @ Dec 16 2010, 12:30 AM)
ok i start using migfx. install their software then start using demo account.
i f*cking buy n sell all the currency list.coz its not my money so i'll take a risk. then c if the value goes up , means the number is green in colour , so i close it down ,
means i buy n sell when the value is positive. then i got a lot of pips. from the beginning value of $5000 it inceased to $6273.28 means i make a profit
of $1273.28. n for now a lot of negative value appear in my trade column list. so i just let it be until it increased.only when it increase the i close it down.
n i got so confuse about margin n equity that keeps changing from time to time. wtf is this sh*t ?
close it down : mean ( sell or buy the curreny ) base on what u buy/sell the currency 1st ( i dont how to explain this sh*it )
this is my account demo history
profit/loss : 1273.28
credit : 0.00
deposit : 5000.00
withdrawal : 0.00
profit : 6273.28

wtf is credit n withdrawal ?

is my step correct ?
*
visit babypips.com .. you can learn a lot form there..
if youre using metatrader platform, u can download tutorial e-book (in PDF) here---
Metatrader tutorial
imax80
post Dec 16 2010, 05:46 PM

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QUOTE(KeiKurono @ Dec 16 2010, 12:30 AM)
ok i start using migfx. install their software then start using demo account.
i f*cking buy n sell all the currency list.coz its not my money so i'll take a risk. then c if the value goes up , means the number is green in colour , so i close it down ,
means i buy n sell when the value is positive. then i got a lot of pips. from the beginning value of $5000 it inceased to $6273.28 means i make a profit
of $1273.28. n for now a lot of negative value appear in my trade column list. so i just let it be until it increased.only when it increase the i close it down.
n i got so confuse about margin n equity that keeps changing from time to time. wtf is this sh*t ?
close it down : mean ( sell or buy the curreny ) base on what u buy/sell the currency 1st ( i dont how to explain this sh*it )
this is my account demo history
profit/loss : 1273.28
credit : 0.00
deposit : 5000.00
withdrawal : 0.00
profit : 6273.28

wtf is credit n withdrawal ?

is my step correct ?
*

it require patient and preserverance to learn and right mindset and attitude. approch the currency market with respect
low yat 82
post Dec 16 2010, 10:01 PM

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100% return achieved. kthxbye~~ time transfered bc $$ to malaysia..

SWINGGGGG AAAA SWINGGGGG!!!~~~!!@@!!
TSbulkbiz
post Dec 17 2010, 08:33 AM

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This thread is getting more and more joker .... will be back once I saw a better comment.
SpL-[V]iCioUS
post Dec 17 2010, 08:36 AM

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QUOTE(imax80 @ Dec 3 2010, 11:53 PM)
why need to bank in money to IB local bank account? why cant we just register directly to instaforex, what is the priviligaes register with IB?
*
You can perhaps register via instaforex that will link your account via paypal,liberty reverse and many more options which may link to your bank account.

For more interesting part,you can withdraw your fund straight to your bank via www.instaforex.my
low yat 82
post Dec 17 2010, 12:22 PM

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QUOTE(bulkbiz @ Dec 17 2010, 08:33 AM)
This thread is getting more and more joker .... will be back once I saw a better comment.
*
whistling.gif whistling.gif whistling.gif
Attached Image
TSbulkbiz
post Dec 17 2010, 02:36 PM

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QUOTE(low yat 82 @ Dec 17 2010, 12:22 PM)
whistling.gif  whistling.gif  whistling.gif
Attached Image
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I am so jealous, hahahaha
low yat 82
post Dec 17 2010, 02:39 PM

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lol... GJ like kaput liao... no power...zzzzzzz
Volatile369
post Dec 17 2010, 05:47 PM

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Haha no nd to jealous bro, eveyone have their style of trading.. =)

Anyway lowyat 82, congratz in ur monthly achievments, bt due for newbies questions and doubts whether this is possible before they risk their account, it is my duty to inform them of its viability..

(1.) I suppose to achieve that amount, ur risk per trade must be 10% and above? i assume..

(2.) You will need to be whole day figuring out the trades trend, i suppose?

Anyway am i right? pls correct me.. XD

So newbies plz be aware that lowyat 82 strategy is possible but with very stress condition, if any body is to adopt such method, consider its drawbacks as well..

Edit: Oh one more to add, they must be experienced only to consider to risk more than 2% of their capital.

Congratz anyway.. happy trading.. =)

This post has been edited by Volatile369: Dec 17 2010, 05:53 PM
JinXXX
post Dec 17 2010, 07:30 PM

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QUOTE(low yat 82 @ Dec 17 2010, 12:22 PM)
whistling.gif  whistling.gif  whistling.gif
Attached Image
*
why blackout the credit amount ? you transfer just 100 USD back ? lol tongue.gif
low yat 82
post Dec 17 2010, 08:07 PM

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QUOTE(Volatile369 @ Dec 17 2010, 05:47 PM)
Haha no nd to jealous bro, eveyone have their style of trading.. =)

Anyway lowyat 82, congratz in ur monthly achievments, bt due for newbies questions and doubts whether this is possible before they risk their account, it is my duty to inform them of its viability..

(1.) I suppose to achieve that amount, ur risk per trade must be 10% and above? i assume..

(2.) You will need to be whole day figuring out the trades trend, i suppose?

Anyway am i right? pls correct me.. XD

So newbies plz be aware that lowyat 82 strategy is possible but with very stress condition, if any body is to adopt such method, consider its drawbacks as well..

Edit: Oh one more to add, they must be experienced only to consider to risk more than 2% of their capital.

Congratz anyway.. happy trading.. =)
*
1. my risk definition is different from others. my risk definition : longer open position = higher risk
my stop lose depends on d chart pattern itself. in ur terms of risk, ya. its definitely higher than dat.

2. not really.i trade for trend reversal aka swing trade. jus need wait for d right timin to enter.

my strategy is stressful, but not for long coz my risk is how long is d open position.

jus now i jus cut loss for GJ coz after open for 6hours, it didnt move d way i wanted. so lost 30 pips XD kuang kuang kuang~~

QUOTE(JinXXX @ Dec 17 2010, 07:30 PM)
why blackout the credit amount ? you transfer just 100 USD back ? lol tongue.gif
*
i transfer usd 1 bc XD

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