planning to trade again...but need to learn more bout MM and also the technical analysis..and also trying to find a reliable signal...just as an investment...huhu...and also changed to xemarket cos of the positive reviews...

What broker you were using before this?

I think at the moment, dont trade live account first. Try demo first to manage your emotions and learn the MM skills. better safe than sorry

this reminds me of my early years of my trading ..usually i use 10-30 usd capital to trade

there is one time where i follow the trend ...until i'm able to achieve 9000 dolars from 30-100 usd capital.

this means , nothing is impossible in trading , as long as u have good determination , passion and more important , patience.

and after i withdrawn 5000 dollars from broker , i try to gain from balance 4000 dollar but i cant ...because i lose the trade during Japan earthquake early 2011 (the one causing the nuke reactor leaking) ..

man ..nothing is impossible ...just the time is not right for you...u need to brush up the trading ...even me myself try to discover new way of trading ...using price action, EW,martingle and so on ..

but patience is the key .without it , u will not achieve anything ...period

This post has been edited by kevler: Oct 17 2012, 05:50 PM

honestly, any strategy can work and make money. keep it simple. why people blow their account and cannot grow their account is coz of poor MM.
it doesn't matter if you can do 20 straight wins but 1 gold trade or greedy trade take out those profits.
just focus and improve on your MM. it's actually pointless to go search for the best technical analysis or trading system if your MM sucks.

took me quite a while to realise this and also cost me my first account which was usd1500 but that was back in dec 2011.

oh yea another thing, don't trade alone, have group support and at least someone that you can be accountable too or check ur analysis. that helps too.


This post has been edited by zeling89: Oct 17 2012, 05:52 PM

Martingle still works these days? Quite risky imho.

A lot of EA based on Martingle dont end up well.

Greed is a killer. I think it happens for most people....

Once upon a time... I earned USD 1500 in 1hr......then I think I m god, I keep trading for the sake of trading...One spike, boom. USD 2000 fly away.... Once upon a time...that was...erm...I think my first month of trading live account. Lesson learned... Never be greed.

wow...thanx a lot guys....just having some pressure from my family to further my degree and so on cant make me concentrate on forex more and that is a lot of trouble for me...thats why im planning to find a signal...huhu

haha that feeling, i think all of us here has experienced it when we transition from demo to live. fear and greed never seem so real. all for the sake of money.

IMHO martingale EA can work. but you'll need to have a strong MM and 24hours of internet for it to run. VPS lor.

any cheap vps to consider?

i don't know if this will help and i'm not trying to promote anything but you can click on the link on my signature. i'm actually one of the contributors there.

i'm from Anthrova (financial education company) and Signalysis (signal platform) is one of our platforms to help traders. We have an EA that will be launched soon that will copy signals of contributors that you subscribe to and auto execute for you and it comes with VPS.

there was harmonic pattern indicator from tradingarsenal.com , but i have to spend sometime to identify all patterns

cheap is relative? haha. but from the costing its gonna be around RM10/month. yet to be finalised.

Malaysia version Zulutrade?

yea somewhat like that. zulutrade // etoro.

but it's still new, just passed beta phase. launched in sept 2012.

This post has been edited by zeling89: Oct 17 2012, 06:23 PM

What kind of advice your are looking for concerning zulutrade? All i can say about them (i'm quite new to their service) is that they offer a lot of traders to copy and many of them are actually good. I guess playing with demo for some weeks will help you understand all the basic concepts of this platform ,and my other advice would be do not just select the traders from the top rankings , use the advanced search feature as well and it will bring you surprising results.

my position:

AUD/USD sell@1.0267, SL@1.0466

current 1.0345 Long position.

What u guys think? any further loss?

TP ur gold dy? rising again!

maintain your buy trade ..and put trailing stop to secure green pips

i dont see any reason this pair to go bearish for next 8 hours ..the bullish still persist ..

in chart H1 , i expect there will be corrective wave 70-90 pips to the south ...then it will go north again ..

correct me if i'm wrong

This post has been edited by kevler: Oct 17 2012, 11:48 PM

hope in coming 8 hours China come with good GDP data

didn't manage to tp, trailing stop lost 40pips, haha. then i enter a buy position, tp 1770. this is an aggro trade. :/

Dollar index are now levelled at 79.00. ...currently buy trade on EU GU...congrats for those gain tonight.