Are buying two pair at the same time? Spread? In forex the difference of the bid ask will kill most traders esp using high leverage. Did you include the commision in your formula above for perRound trip?.

The simplicity of action and reaction.

The smallest movement in forex is 1 pip , which is 0.00001. That is why to profit you need to use leverage. Every time you short or buy in forex you are actually buying and selling the currency pair. Say Euro/USD, to sell or buy depending on your bias, you short the USD and buy the Euro at the same time or vise versa. You know uncle google knows more than I do.

http://forum.lowyat.net/index.php?showtopic=326577&st=60

Read my simple guide to life insurance on my thread.

Dreamer

Blizz,

You are young and naive. Enron hired a lot of people too and it is a listed gas company. It scammed a lot of people too. Unless you own the company, you better be careful and do not say thing like "I am sure he doesn't scam people". Especially, when we ask you question and you cannot answer. You really have no idea how this forex thing works so how can you tell it is not a scam??

A sign of intelligence is to know when you do not know enough. You do not know enough.

Have you find the answer how can you lose money?? Did you ask?? Did anyone answer?? If nobody answer this question at your company, this will be a pretty good indication of what kind of people you are dealing with in this company.

If you want to share, ask that question and tell us what do you find. I know the answer.

Dreamer

Hmmm.... ok, could you help me check whether the company named " Titan Meridian Sdn. Bhd. is scam company or not?" Thx woh.
But I don't like the sound "young and naive" Hehe^^ The company is currently giving forex services.

Blizz,

I have told you how to find out whether your company is a scam!!!

<<But I don't like the sound "young and naive">>

You deserved it!!! You are pushing and selling an investment when you have no idea how it can lose money???

Dreamer

Blizz,
USD 5000 is too much
if i have it and im interested, i will open an account in FXCM and let the experts to play it and every month i just sitting there and collect the interest.

Thank you everyone for the feedback and opinion. Anyhow, to answer some question, we do not allow people to sell any schemes or stuff in here, regardless of theire nature. So do keep that in mind in the future

Even if you're an agent yourself, you're always welcome to post and share your opinion here. However, do note that you are not allowed to sell anything here as mentioned.

Hope I cleared out the confusion and do PM me if there's anything else to add.

http://financialpage.blogspot.com/2006/08/...dex-adopts.html

http://flagship5.vanguard.com/VGApp/hnw/Fu...&FundIntExt=INT

Vanguard Emerging Market Fund is around USD $10 billion.. Now, it is adding Malaysia and Russia into the fund... It will be interesting to watch whether this has any good impact to Malaysia stock market..


Dreamer

Normally we save an amount of money for emergency purpose before we do investment. How much is the ideal amount for this emergency fund?

Some say 6 months. Others say 12 months of your income.

I'll take whatever figure just as a guide. More importantly, is to establish the amount that you feel comfortable with. I only put into investment what i'll be prepared to lose in the worst case scenario.

i read in some book they says that if u employee=3month, businessman=6 month

So, u lost half of ur savings on forex?
nway, im still verry confused here about making money even the price go down..
they say after u buy some lot, if the price goes up, u sell em..
n if the price go down, u buy a new lot(Sell new) where u can earn profits even the price drop coz u can buy close at the lowest price... is this true mr Dreamer101??
its like 10% chance of loss.. but when i read about forex, about 90% of forex investors lost all their money...
are the agent of the company tryin to hide sumthin from me?

Talk is easy and costless, in real trade, mistake might mean losing chunks of saving even for some go broke. Think twice and calculate how much you can risk before venture into this kind of risky speculation/investment particularly forex and futures. I am not saying forex and futures is not good, but bare in mind this kind of investment has bigger risk so return also looks hefty.

When you are actual trading, emotion, fear, greediness and unpredictable market sometimes lead to you make mistake.

yup, i know wut u mean there..
coz rite now, im investing in the stock market..
n its not as easy as it looks..
u cant juz buy wut u want, n u cant juz sell wut u have...

1) I lost half of my savings in Internet stock trading. If it was Forex, I would have been bankrupt.

2) It is very simple. You predict whether the exchange rate is going up or down. If you predict correct, you make money. If you predict wrong, you lose money. The problem is the movement is usually very small. So, you make very little money on each trade. To make real money, you either have to make a lot of trade (killed by commission) or large trade ( leverage 20 times = huge risk)

3) What people did not tell you is in stock trading, if you do not do margin and stock option, you only lose the money that you invested in. In Forex, because of leverage and you must do levarage to make real money in forex, you can lose up to 20 times the money you put in.

Dreamer

The question is if you lose your job, how long will it takes for you to find a new one. The emergency fund is what you need to keep you survive..

So, if you think you need 3 months to find a job, you needs 3 months of emergency fund. Or else, 6 months. And, if you think recession is coming and it is harder to find a new job. You need more emergency fund.

The same logic applies to businessman. What happen if your business is slow or no business, do you have enough cash flow to survive?? 80% to 90% of small business failed in the first 2 years because of cash flow problem.

Dreamer

This post has been edited by dreamer101: Aug 30 2006, 08:54 PM

If you are really interested in forex then try paper trading here OANDA. You will learn more with hands on than what anyone can explain here. Notice that you do pay commission in forex even though many brokers claim there are no commission. The commission is the difference between the spread, mostly around 3 to 5 pips.

This post has been edited by whtrader: Aug 30 2006, 11:19 PM

Hi guys,

from the kopitiam thread people are saying the goverment is issuing more ASW2020 tomorrow,the divident yield is 6.8%.

how true is that?anyone going to buy?

what is this FXCM?

btw i think this is a HYIP case in court

http://thestar.com.my/news/story.asp?file=...2060&sec=courts