LOL FAK GBPUSD, suddenly spike down like hell, my +20 pips trade become breakeven edi, leave my monitor for 10 minutes only this happen, zzzzz

Thank you so much for your advice! I'll definitely pay attention to experienced traders

Any suggestions for a newbie like me then? FXCM?

I'll probably end up doing the same thing too haha

Correct.. Retractment for GJ n EJ..now almost 4pm.. Should be drop back abit.. Then range again till 8-9 pm..

If u listen to all the sifu here.. I think u won't burn ur first account ...


I didn't burst my account b4..

it can happen just 2 minutes...

20++ is a lot for scalper like me... I normally trade 1.5-2.5 size.. That would give me good profit 300-500 usd

Hire a tax consultant if u can afford to.

Abv 10k myr from foreign income need fill in borang H in bank . U can ask ur friends in bank

1usd to 2k usd if lucky got news

Can be burn out in mins it news go against it

U never know

Need to be extra careful with news

P/S: newbie here please don't trade during news.

Demo ok. Don't try with real account

Dear forumers . your techinics n ur mql4 ex4 file better ask in pm's. Don't share here. Brokers will download it. Then u go home. Hohoho. brokers love to read forums f.y.i. got a forex friend brother work in Singapore forex company. Cheers

This post has been edited by propertymart: Mar 6 2014, 04:16 PM

What do you mean by Borang H?

Bro. can you become my sifu. I am a newbie.

33 - H. DECLARATION OF FOREIGN INCOME REMITTED TO MALAYSIA IN 2003 (If claim for double taxation ...

Try ask ur friends in taxation... u can Google hasil.gov

I just heard borang H. Procedure I duno . Just heard b4 only

Something I found online

Hope it helps u guys

As per below link

http://www.google.com.my/url?sa=t&source=w...BnX2oUsKh_DwGyg

This post has been edited by propertymart: Mar 6 2014, 05:54 PM

This thread becomes sifu thread.

i also newbie lol

flow with the water my fren.. Berus Gigi said

Newbie tak newbie .... Earn money most important..

About the income tax, no tax for income derive from oversea.. No need declare too..

If u wire out money to oversea, u declare your purpose like investment..

When u receive more than RM 10k from oversea, u just need inform bank if they query..

But not taxable.. If BNM or IRB checks your account why u have such big amount in your account.. U just show traders report of your trading in any broker ... Keep record of these transaction...

The 2004 taxation act says that it is not taxable on foreign investment because they encourage foreign gains to come back to Malaysia..

Anyway, want to know tax or no tax.. Go to other thread in lowyat.. They r mentioning it..

Here we talk back forex things like strategy, price action, indicators, data feed,
Working methods, earning n losses, SL n TP..

Anyone got profit from GJ n EJ?

Seem like my data boleh tahan..

i missed the train on aud/usd,gb/jpy.
just got pip on usd/jpy and euro/chf.
waiting for euro/usd to long.

This post has been edited by boyvai: Mar 6 2014, 09:24 PM

Hi guys, burst my first account but luckily is only small amount. Now learning through forex academy and see how it goes.

Demo or live?

How much? Have u practice in demo?

EU shot up..

Live. Tried 100 only. Haven't open demo. Planning to study finish forex academy only think of opening. Any suggestion whether forex academy is good for newbie?

u haven went to study on forex but oredi play live..

U din read all post here b4.. Tell how many times usd 100 is not enuf...

Buang masa saja.. Duit sikit itu mesti koyak!

Learn b4 u trade...

There is no forex academy same as mine...

U can learn from sifu here n read up at babypips.com

which thread? mind share? i'll pm now

ha EU GU Gold all spikes. but i not touching news

EU reach 1.384 now....

This post has been edited by propertymart: Mar 6 2014, 11:34 PM