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 Forex | Version 9, Foreign Exchange Market Discussion

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kelvinftg
post Aug 25 2011, 11:53 AM

Getting Started
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Junior Member
268 posts

Joined: Aug 2005


QUOTE(jackypee @ Aug 24 2011, 11:18 PM)
guys,
i have been leaving my investment to IB : Trillion FX to trade for me in broker FXDD.
Mainly trade on Cable which in return to me about 25% profit in 5 months time.
So far so good. Fund manager are doing a good job.

You may want to find out more at : www.trillionfx.co

I have been earning some pocket $ also via their affiliate program so far.


Added on August 24, 2011, 11:20 pmHi all,

Appreciate if you can share with me some trusted Broker - MT4 base, because i would like to start my own trading.

TQ
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If you are already leaving a portion of your funds for someone to manage, you might as well have some control over it. Have a look at http://www.zulutrade.com/. There are PLENTY of successful traders there, in fact some are phenomenal. Beautiful thing is, you can choose who to follow at your will, set your risk, leverage, lot size etc..

MT4 based broker, I'm using IBFX and their service has been top notch and very prompt. You can consider them.
kelvinftg
post Jan 21 2012, 02:09 PM

Getting Started
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Junior Member
268 posts

Joined: Aug 2005


QUOTE(NewGUY @ Jan 19 2012, 03:30 AM)
Something interesting info found on GVF, no hard feelings just sharing...found in other forum.....

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- 30% credit lock you cant get back if you boom your account , you got to top up capital inside , and then every trade 1 standard lot size, get back 1 USD credit lock. it seem impossible to get back , because per RM5000 funding inside , they will lock around Rm1300, means that you got to trade xxx lot size only can get back money lock inside. even using their EA (robot) also need to lock money , usually their robot minimum need RM27k funding, and credit lock Rm10k, so u just got 17k to let robot trade.. is f***ing suck . not yet start trading already lose half.

- i ask my friend who study UK to help me go their company GVF actual address which base in UK , the result is the address found, but don't have this company . i think they create by them self and control by them self, their upper head earn profit come from credit locking if i'm not wrong.

- i receive maybank letter regarding withdrawal money from GVF , and i found their address actually at kepong.... !!

_________________________________________________________________________________________________

how true i dunno la.....maybe GVF traders who got experience can share here....
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Being profitable in Forex or any type of trading takes time, patience and of course, losing money as a lesson. Don't go for all these ridiculous schemes. From reading what you described, I don't even understand what on earth is this GVF trying to do. And no, I'm not interested in reading up on it.

Learn bits and pieces from every trader, and form your own style. NO two traders are the same. Even when i trade the exact same strategy with my friend, we have different S/L and T/P, different lotsize and of course, different mindset.

Bottom line is, put in the time, put in the effort, learn from forums like those in Forex Factory and study from Babypips. In no time, you will see your account grow, you will withdraw money instead of continuosly funding money into your account.


kelvinftg
post Jan 21 2012, 04:23 PM

Getting Started
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Junior Member
268 posts

Joined: Aug 2005


QUOTE(NewGUY @ Jan 21 2012, 03:23 PM)
thanks for the advice.......

this is 1 of the learning curve.....

if the broker hav of system tats have sudden spike, u wont know and due to high conversion rates, wat u win will be just break even, winner is the broker.....

unless u r super genius which actually get around to cover the conversion and ridiculous tactics....

I use to think like u stated above but is it possible

If their goal not be really broker, no matter how chances still lower than normal.......
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Those spikes are meant to wipe out accounts. Because the spikes Have immediate reversals, trades in the right direction without T/P won't benefit from it at all.

A way to prevent this from happening? Don't go for dodgy brokers. Do your research on which brokers are good and reliable.


Added on January 21, 2012, 4:27 pm
QUOTE(Quinn @ Jan 21 2012, 03:15 PM)
If you want to learn from forums, please learn from a good thread. Else, you are wasting your time.
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Even the forums in Forex Factory have its idiots roaming there. But there are some that honestly put out good analysis on a daily and timely basis and are willing to discuss as well. It is easy to spot them if some effort is put in.

This post has been edited by kelvinftg: Jan 21 2012, 04:27 PM

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