QUOTE(jack2 @ Jun 7 2014, 09:52 AM)
Jack long time no see. Still doing trading?Forex Version XIII, Foreign Exchange Market Discussion
Forex Version XIII, Foreign Exchange Market Discussion
|
|
Jun 7 2014, 11:34 AM
Return to original view | Post
#101
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
|
|
|
|
|
|
Jun 7 2014, 03:13 PM
Return to original view | Post
#102
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
|
|
|
Jun 7 2014, 10:22 PM
Return to original view | Post
#103
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
QUOTE(lowya @ Jun 7 2014, 04:09 PM) of cause with compounding. Bro, I couldn't agree more.BUT... do you know that at $100 account if you lose half (-50%), you need +100% to win it back to breakeven? That means it takes double the effort to win than to lose mathematically speaking. This is only 1 of many things why the house (broker) always win. Others are like: spread and/OR spread widening during news to hunt stops (for those who trade short term or news) swap (for those who trade long term) re-quoting slippage so the broker got 5 secret weapons. Now, what've you got? Those you mention above, not much people understand them. That's the real bible of investment. They just become |
|
|
Jun 8 2014, 09:38 AM
Return to original view | Post
#104
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
QUOTE(lowya @ Jun 8 2014, 09:04 AM) nope. trend trading has only <33% of chance. You have up, down AND sideways. 3 Outcomes given any time snapshot, and if you trade didnt get hit either up or down, swaps gets you on the sideways as mentioned in one of their secret weapon. 50% maybe only happen if you trade "Binary Options" lol.Caveat Emptor for newbies... those demo trading records when accounted for slippage and requotes, you would be amazed how much are those gonna cost you. Do you know that zulutrade is built with the single revenue objective to convince you to trade with their own broker? they show other broker's slippage are so high, whereas theirs are so low comparatively, oh well that is because there is no lag time if you own both the servers. So do they want to make it look difficult to make money, or are they going to tweak it such that it looks so darn easy to make a living riding other people's trades? you be the judge. Forex is definitely less than <33% with those Slippage, Re-quote, Swaps trick~~ To me swaps is not a problem. Sometimes I pay, sometimes I got paid. So far never gets re-quote. Slippage, this can never be avoided when there is huge volatility in the market. Is patience that worries me. This post has been edited by zDarkForceSz: Jun 8 2014, 09:39 AM |
|
|
Jun 8 2014, 02:50 PM
Return to original view | Post
#105
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
|
|
|
Jun 8 2014, 08:42 PM
Return to original view | Post
#106
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
QUOTE(WHITE ACE @ Jun 8 2014, 07:41 PM) Hi, does anyone here know an IB name Steve Pok? He earned a lot since age 24. Anyone know how he built his Forex fortune? I not sure who is he.But if he is those MLM group, I would advice you to stay off from his trap. A lot of so called IB (forex broker from NZ/AUS with not much reputation) nowadays, posting branded stuff, liquor, travel, grouping and bla bla bla... Most important they "Collect your money" not you bank in directly to the broker. They are MLM type. Asking you invest under package (1000usd min / recommend you 2000usd & above), got what fund manager trade for you promise certain % of return. You only can touch 70% of the remaining, 30% locked. The head took the 30% your investment and give some % to the IB that recruit you. This is where their fortune came. Besides that, every trades you enter & closed they get a certain amount of commission too. |
|
|
|
|
|
Jun 13 2014, 08:10 AM
Return to original view | Post
#107
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
|
|
|
Jun 13 2014, 08:29 AM
Return to original view | Post
#108
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
|
|
|
Jun 13 2014, 09:17 AM
Return to original view | Post
#109
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
QUOTE(OKLY @ Jun 13 2014, 08:59 AM) Survived it with some luck also, it was going up until when I opened my MT4 app that I saw it dropping for about a minute, quickly exited my short positions with 3-4 pips profit and then opened a long position to take 20 pips profit. Phew.. sui sui haha. sibeh heng lo you. |
|
|
Jun 13 2014, 09:37 AM
Return to original view | Post
#110
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
|
|
|
Jun 18 2014, 03:23 PM
Return to original view | Post
#111
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
|
|
|
Jun 18 2014, 07:55 PM
Return to original view | Post
#112
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
|
|
|
Jun 30 2014, 01:53 PM
Return to original view | Post
#113
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
|
|
|
|
|
|
Jun 30 2014, 01:55 PM
Return to original view | Post
#114
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
|
|
|
Jun 30 2014, 02:08 PM
Return to original view | Post
#115
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
QUOTE(thesnake @ Jun 30 2014, 01:58 PM) darkforce, Because I'm existing customer so I'm not required to re-upload my document.are you still using FxPro uk as your broker? Now FXpro UK need so many documents for authentication. ID also they need valid passport with bar line for verification I'm still using for cTrader, but i think the commission they charge is too high. But I'm currently using Global Prime for MT4. If you want to use cTrader, I think Pepperstone already have it. You can go check. The other is ICMarkets. *I'm not introducing any broker. I'm just sharing what I know. Don't come and bash me saying I ask member join xxx broker. Thank you. |
|
|
Jun 30 2014, 02:11 PM
Return to original view | Post
#116
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
QUOTE(WilliamSun @ Jun 30 2014, 02:08 PM) I never try it before.You can use it on demo, and demo it out yourself I seldom open and float more than 1 pair. Unless I'm super confidence, but still the chance is very small for me to float 2 or more pairs together. |
|
|
Jun 30 2014, 02:20 PM
Return to original view | Post
#117
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
|
|
|
Jun 30 2014, 09:09 PM
Return to original view | Post
#118
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
|
|
|
Jun 30 2014, 10:59 PM
Return to original view | Post
#119
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,938 posts Joined: Nov 2009 From: Bolehland |
QUOTE(kimwee85 @ Jun 30 2014, 09:10 PM) MM = Money Management / Market Makers.QUOTE(kimwee85 @ Jun 30 2014, 09:29 PM) QUOTE(waQ @ Jun 30 2014, 09:45 PM) QUOTE(Rili Toma @ Jun 30 2014, 10:07 PM) DD = Draw down (mostly refer to)Draw down is not losses, Is just unrealised Profit / Lose. Lets say I long GBPJPY @ 172.505, current price @ 172.495, I'm currently draw down -1pips (if 1 standard lot) @ 10USD(exclude commission). This post has been edited by zDarkForceSz: Jun 30 2014, 10:59 PM |
|
Topic ClosedOptions
|
| Change to: | 0.0453sec
0.20
7 queries
GZIP Disabled
Time is now: 3rd December 2025 - 01:27 AM |