To me, GVF style is like mlm, keep asking ppl to join as downline, so they can get commission out of it when ppl trading, more downline, mOre trading, more commission. It's up to u to choose you own broker. Well, all of you know mlm style, their members all get brain-washed or eyes-covered with greed an promises. MLM will collapse eventually, then that time they will wake up, and complain, lOdge report, come out in newspaper all these craps. LoLlllllllLllll, your choice dude!

Well, do u have enough education and experience of trading forex? Research? From your questions, I can know that u don't have enough edu, experience and research in forex trading... So, it's kinda hard for you.. Do some homework first, learn the basic theory, then practice it on demo account with different brokers, choose broker that suit u the most.

Have u gone thru all these? If not. Don't simply join a war that u have no idea wtf is it. Just my two cents of opinion.

VK bro, the GVF guys all get brain-washed already, they won't listen to your good advise, then just let it be. Just get your popcorn, sit back, relax, and enjoy the scam show. Haha. Goodluck to those GVF 'actors', good show dude!


@jasperng, what they said market collapse is means the pyramid scheme collapse, the boss run away with your money, is not that the forex market collapse, understand? Forex market will always there for you to trade, but if GVF gone, close down, run, your money, 5k, 10k, or 20k, gone together.

When the scheme will collapse and your money gone? When it gets too much of attention of public, authorities, smart ppl, or when the boss hits his/her target, let say 100mil, or 1bil, when the scam expose too much, or when there is no more downliner wanna join. But from what I see now, it still can goes for certain period, coz there are still lot of "water fish" to catch. Lollll!

This post has been edited by mchicken: Apr 17 2012, 02:08 PM

I guess quite alot of traders burn their fingers by shorting gold at 156x... While if u got big margin, u are temporary safe...

Gold been shooting up more that 100usd in this month... Should have buy it when it was around 1580.. Arghh...

This post has been edited by mchicken: Sep 14 2012, 03:51 AM

What again, make forex like MLM, commission shit... Forex get banned in Malaysia becoz of some spoil rats... What a sad case...

Regarding to this question, first you must ask yourself how much you afford to loss without affecting your life, how much risk you willing to take, whats the position size you wanna trade (0.01, 0.10 or 1 standard lot), etc etc.

If you really want the answer, some brokers allow you to start with 1usd for micro-account or cent account, means you trade with cents... you can trade with this if you wanna get the real account feeling, but i doubt u will feel anything with just trading cents, you maybe will feel waste of time.

Some will suggest you to start with demo account, but demo is not real money so one can simply trade without thinking, overtrade and oversize, so that doesn't help or learn much if you are not treat it as real account or no disipline.

From my personal view, start with 1000 usd with 0.01 lot. That's what I am comfortable with. Its up to you actually.

Some pros here may not agree with me, they may trade with 10,000 usd account, or even 100k . Again, it just personal view.

That's the spread i guess, you need to pay for the spread when u get in, let says the buy is 1.234, sell 1.237, the spread will be 3 pips. if u buy 0.01 lot, the the spread will cost u 0.30 usd. In your case, the spread is 16 pips, that's kinda high, which broker u trade with?

IMO, you can read thru the babypips.com to get the basic idea and knowledge, then u play around with the platform to get some exp and feel.

Well, it's good that you are happy with that.

IMHO, how much is that 50%? You get 5$ profit out of 10$? Or you make 500k out of a million? If you get your 50% profit by simply trade, is like gambling, win lose in a trade, over trade or over leverage, pure luck, no need to be happy with..

Try tO learn money management and risk management. Cheers. Just my 2cents worth advice, take it or leave it, don't shoot me.

This post has been edited by mchicken: Nov 1 2012, 11:14 PM