I didn't know on that. But what is the reason to declare currency trading haram? Is speculation the only reason?

wow, by trading forex, u actually gained enuf money to buy  a condo?? i salute u man!!  

May I know which surah and verse of the quran that is related to this issue please?

is there anyone using bollinger bands for forex trading? what time frame you guys set? and did u guys waited quite long for the ideal trend to come?

Hey Guys,

I am new to this thread, just to share and get advice,
I have lost 10k USD recently, i am a normal employee (da gong zai) with salary 3k+.
Now owing bank few K , how can i back to the life and work like sohai while suffering financial crisis like europe ?

Haiz.
Bee

wow. 10k USD was like 30k MYR. but i think is not the broker problem gua. should be own greediness and knowledge that determine ur profit or loss. if u have the right knowledge and emotional control,everything should be fine.

hey Mnet, how long u have been trading earn a condo? 

I'm now learning some beginner guide from babypips.com. Will need some good broker soon if I open an account, but I just got 3 to 5K to invest. I'm not greedy, earn some pocket $ to go US to travel can already. Getting knowledge is as important as $ too.
Any recommendation of good broker that can guide me? Hehe 

Woo~~ U also exness?
I thought u oanda?

which things oanda offer that make u move ur fund from exness to oanda?
just curious...

Hi guys, recently some of my friends had joined this forex team, not sure it is a company or what but they claimed there is a "company"
The thing is like this,
They have two different position and you can be both if you want.
1.) Trader
2.) Networker

Trader - I'm not gonna state the obvious
Networker - Their job is to find people to invest in forex, and they earn by commision for every trade their "downline" made. For example : A joined B, A traded and won 100 USD, B get 20% commision which is 20 USD from the "company" (which I'm not sure whether it really exist or not) The best part is, even your downline loses, you get to get 20% commision from the "company" too.

So my question is, is this a scam? My friend is doing very well with it, of course with some trading but mostly from the "networking" part.
Do you guys ever heard of something similar ?
They are huge, they always have seminar with "teacher" teaching them how to trade and all. They even have a session like live trade which they trade infront of all the members and it's up to the members whether they want to follow or not, and the thing is the "tips" they give, are normally very accurate (I wouldn't say 100%, but my friend said the W/L ratio is around 7/3

So sifus here have any idea? Is this a scam?
I'm thinking of joining it, but I'm not sure yet whether is it a scam.

Mnet which broker u recon?

GVF =)

ANYONE TRIED ETORO copy trade system? like automatically copy expert trade..? it mean any noobs out there can earn like expert who played for decades. etoro the only broker that provide copy trade system.. damn efficiency everyone can earn big money without forex knowledge..

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Added on February 26, 2012, 5:49 pm

dude do u know GVF is not even a recognized company in Malaysia? they don't even have their own damn office establish in malaysia.. you're risking your hard earn money pass to their hand, dude i suggest you do your survey about your broker 1st before committed.

not bad lor , this platform is user friendly for begineer

and seriously can earn without doing anything , but need to follow the correct trader

i will use their trade to execute at my MT4 

yesterday i jus register xforex.com and today i got a call from Australia ..... asking for my deposit and credit card information........ i felt abit weird that should they ask for our credit card infromation and last 3 digit ????

is playing forex the trend now for youngster?
yesterday see many ppl sitting at cafe to encourage ppl to open account , all around age 20++

Anyone can tell me if open an account in GVF,can i withdraw part of my money back once my account is established?

I found something interesting.
I buy and sell at the same point and stop lost at 225, take profit at 475 for both buy and sell.
Eg, usd/eur 1.33500
Buy, stop lost @ 1.33275; take profit@ 1.33975
Sell, stop lost @1.725; take profit@ 1.33025

So u will win 475-225= 250 no matter which direction they are heading.

The risk: It goes up and hit the stop lost point(-225) and goes down to hit the stop lost(-225) before it can reach the take profit point(+475) above. so u r going to lose 450. (get the picture?)

Luckily never lose until now, win 11 out of 11. LOLOL
it's easy and I Always trade without looking at the chart.

Sifu here, Any comments on this strategy?