QUOTE(alwjmonster @ Oct 26 2011, 12:53 PM)
haha im just being curious... but here's some update.. i been chatted with him with another account.. anyone heard of Gvf broker company? or anyone is currently using right now?
aiya..boss..r u sure u just curious or jealous wor? Maybe he found his gold mine leh? I just surprise why u need to use a fake account to talk to him...why not just talk to him or meet him? he not going to kidnap u mah.
His one same as what SkyII mention earlier. Trading on signal or robot with minimum capital eg rm10k(they will lock a portion of yr funded capital) and automatically u become IB and u can get commission for anyone sign under you and also they allow u to trade at lower spread eg eu 2 pips. If it is 100% legal, i feel it is a very good model. Frankly speaking..how many successful trader r there in the market?I am sure u aware the famous quote only 5% trader make money! IB is a great passive and consistent income. But too bad, I dont have such capital yet...when i have enuff budget i also thinking to join them.
I read forum , some come up with millions to buy a franchise , some come up with rm400k to open a restaurant , rm300k to open hardware shop etc etc..why they dont just join those IB and earn passively..no need manage staff, no inventory, no dbkl issue, no gangster come collect protection fees, no police kacau.no partnership issue.. the amount u risk is also smaller..rm 10k or rm30k only (BTW, join at yr own risk..my opinion do not liable for any legal damage later)Maybe there is some hidden agenda inside the program which i fail to see.
Added on October 26, 2011, 8:39 pmQUOTE(wschoo26 @ Oct 26 2011, 08:31 PM)
aiya..boss..r u sure u just curious or jealous wor? Maybe he found his gold mine leh? I just surprise why u need to use a fake account to talk to him...why not just talk to him or meet him? he not going to kidnap u mah.
His one same as what SkyII mention earlier. Trading on signal or robot with minimum capital eg rm10k(they will lock a portion of yr funded capital) and automatically u become IB and u can get commission for anyone sign under you and also they allow u to trade at lower spread eg eu 2 pips. If it is 100% legal, i feel it is a very good model. Frankly speaking..how many successful trader r there in the market?I am sure u aware the famous quote only 5% trader make money! IB is a great passive and consistent income. But too bad, I dont have such capital yet...when i have enuff budget i also thinking to join them.
I read forum , some come up with millions to buy a franchise , some come up with rm400k to open a restaurant , rm300k to open hardware shop etc etc..why they dont just join those IB and earn passively..no need manage staff, no inventory, no dbkl issue, no gangster come collect protection fees, no police kacau.no partnership issue.. the amount u risk is also smaller..rm 10k or rm30k only (BTW, join at yr own risk..my opinion do not liable for any legal damage later)Maybe there is some hidden agenda inside the program which i fail to see.
haha..today holiday , no work...i trade manual demo full day...i blow my demo manual account...a simple maths to share
case 1: lets say u got usd10,000 account...u lost 50%..yr balance become usd5k..then later u win 50%..your balance become usd7500..u still lost usd2500 (means u still lost usd2500 if u lost 50% , then later u win 50%)
case 2: lets say u got usd10,000 account..u win 50% .your balance become usd15,000..then later u lost 50%..your balance become usd7500 also...u still lost usd2500 (means u still lost usd2500 if u win 50% first and then lost 50% later)
tht makes me think
1) cut lost is important
2) position sizing also important..
dont angry for my simple post as i am newbie in learning manual trades
This post has been edited by wschoo26: Oct 26 2011, 08:39 PM