Forex Version 13 starts here




This post has been edited by kevler: Mar 3 2014, 10:17 AM

Not a bucket broker but still not giving a change to happen..

Not a answer to my question means not a single person now have withdrawn at least 25k usd in a single transaction...

I did before, from FXCM.

I did before also la...

Why you showed me shakehead? did I say something wrong?

i will be millionaire if have 25k usd for trading

This broker already have minimum order volume on all account types, anybody know what this "minimum order amount" mean?

Thanks

Wow.. I wonder did anyone declared forex income ? How did you do it? As personal income or as company type. Is it taxable??

lol
they are mini cent account

lol? the one with the cent account is my friends, and the 1 million withdrawal is not cent account, jealous? ya me too

This post has been edited by project68: Mar 3 2014, 02:11 PM

Maybe I should re write as..

Wow..
Btw, I wonder did anyone declared forex income ? How did you do it? As personal income or as company type. Is it taxable??

I believe BNM would be alerted if you transfer the withdrawal to a Malaysian bank. Unless you withdraw to offshore accounts, like Singapore.

By the way, very impressive scalping strategy, mind sharing, or at least generalise the idea of your trading system.

As long as you provide proof of the money come from where, you will be no problem.

Forex I think is no taxable in Malaysia, because UK doesn't impose such tax.

Hello. I wanna ask which broker is recommend for trading? Fxpro? Pepperstone? Or other?

Hello. I wanna ask which broker is recommend for trading? Fxpro? Pepperstone? Or other?

Mind to share your strategy?

not mine lol, but this guy sure have some crazy scalping skill, 1 day can earn more than 100k+

i remember he show me his 1st trade when he deposit 13k, he open order with full margin, means if price went other way about 10 pips he will blow up his account, fcking risky as hell....2 hour after he open trade, closed with 80k profit = 95k+ in 1 day, after that he keep using his scalping skills until reach 1 mil profit, im still amazed by this guy until today ...

Have you guys heard about MPA before? My friend recommend me to join. need some advise from you guys here.

Why don't you ask your friend to teach you his strategy?

This is million strategy!!

After you mastered the skill, you can teach us here and we pay you some fee??

1st, he's not my friend, 2nd you think he will simply teach his million dollar worth of his scalping technique? if i have that crazy scalping technique im not gonna share to anyone either...

so do you declare your forex trading income as your personal tax submission?

Do you know which broker he is using? If it's market maker I doubt the result could be that good.

May I know who is this guy?

did he let you see his account by investor login?

apparently no, he's using exness broker micro account...

well i got other friends who earn more than 50k per month, this one is really legit coz i already met him, he teach me his technique(after try to learn it for almost a year, his technique mainly use what trader call 'six sense', not all trader have this abilities, but he does...) for those who didn't know what six sense, is something like he can predict where market is going just by looking at chart...yes only naked chart

so in the end i fail to master his technique since its require 'six sense'

his username is DRO1D in CG forum...

This post has been edited by project68: Mar 3 2014, 08:44 PM

There's lots of people like him in lots of forums. They (making lots of money people) are everywhere - they even pop up on my screen even when I'm not visiting forex-related websites - must be something I've done previously and they are probably using cookies to track me.

Unless you actually saw his live account, everything else is just BS. Don't be fooled.

what i show you earlier is his live account statement, up to you to believe...but if you didnt believe this guy can earn 1 mil... i have a friend that earn more than 15kusd per month from forex, in the past before i knew him he already withdraw more than 500kusd with screenshot and verified by broker...

Don't worry about me believing. I've seen lots of live accounts screenshots on the internet. Everyone, I repeat everyone assures me it's their live, real account. You are no different.

But your BS is showing. Micro accounts have limits - you are limited in what size lots you can open per trade, and how much you can deposit. Though the leverage can be quite high, the limits are enough to stop you from earning 1 mil, even in ringgits.

This thread is not about what you heard other people say.

There are many people earning huge amount of money from Forex. One million a month, etc. One million a month is not huge, in 10 years, you only make 120 million.

In your/their dreams, of course.

lol it's okay, you win...but rest assure that i have meet in real life the person who earn more than 15k per month from forex, don't tell me that fake too yah

Don't know who you actually met, so no comment.

But based on what you posted, is that LiteForex screenshot a Micro account or not? If so, don't MT4 normally have an "m" at the end of the Symbol for micros? Don't worry if you don't know the answer.

Doesn't matter if that is a Micro or a Cent account. But he definitely can make money. I am more interested in learning how he did it.

i'm done talking with you, your attitude 'i know better than you' doesnt get you anywhere, i trade forex 6 years ago and some dude asking whats the meaning of the symbol

I asked "m" or no "m" - not what a Symbol is.

Actually, do you know what a Symbol is?

PS: I wasn't talking to you, just pointing out your BS. Now, please, don't act getting hurt... that's pathetic.

This post has been edited by howszat: Mar 3 2014, 10:31 PM

no need to declare anything.
if only the income tax guy check on you, asking for prove then show where is that from.
if you not taking your large amount of earning to buy car / house won't kacau you.

I said you saying lots of people making millions is BS. Nothing to do with micro.

PS: Actually, there's no such thing as Cent account. There's Standard, Micro and Nano.

This post has been edited by howszat: Mar 3 2014, 10:38 PM

From the basic, Standard, Mini, Micro is not really a problem.
As long as you got a strategy that will earn money, your account will grow with correct money management and risk management.

Ah, thanks, forgot Mini.

The strategy that will earn you money is not some "sixth sense", or some BS like that. Sure.

"sixth sense"? haha no hard work no pay off.
if earning is that easy, no poverty in the world.
1 must lose money in order for other to earn money.
this is a basic cycle.

No arguments from me!

The guy who said he has the 'sixth sense' has probably been trading for a very long time. It is not the sixth sense actually. It is probably his subconscious, like what was written in the book called "The New Market Wizards. Just my thought. I might be wrong.

Earning few hundred and few thousand is no different in terms of strategy..

U have deep pocket n dare, u play bigger size.. Ur aim is only few hundred then play safe.

Earning a million a month then u need bigger broker to accept ur account..maybe like citipro?

Dun argue whether ppl earn a million or a hundred... Dun envy or even it's true..it's not anyone's concern here.. Trade your own style..

My question is just to check whether anyone in lowyat.net forum have withdraw 25k in a single transaction.. My account are some where there n might going for bigger size.. Just checking whether anyone facing problem with regulated broker during withdrawal..

I dun wan to have my account in trouble like I heard from elsewhere .. Quote unofficial winnings.. Account start to have unexplained charges, accounts doesn't tally to on trade profits..etc etc..

Six sense might only bring u to a certain level.. But not every time can win..

Six sense is one of psychology reaction..

But when the greed factor comes in... U can burst your account.. That is when we call gambling..

Prediction of pricing can give u once or twice or several times correct but don't guarantee all the way successful..

Even using all the indicator won't guarantee 100%..

At last few post I have shown GU movement in correct level of bull or bearish. Even that I don't scalp to the most pips..

Yes.. There is ppl earning 50k and above per month.. They r in a silent mode..avoiding unnecessary problems..

I have learn my lesson from Genting.. Throughout I think I loss more than 500k ... At the beginning u win ok 10k,20k,30k... When greed comes in... Everyday u lose back 5k,10k,20k...even 50k.. No proper management..

By the way, I have other business to run.. But forex interest me because I can fully control without other factors like Capex and Opex, staff attitude and partnership betrayal.

Good morning, traders!

Really feel happy today.from -500usd its turn to 160usd.lucky me. Btw, already know eu will drop coz ukraine crisis.

I feel the same way as you, no human relation hindrance is involve in forex, no people can jeopardize us.

Russian Ruble might going down too, as the western countries are going to place economy sanction on russia soon. Russia central bank is keep buying Ruble from the market to maintain their currency, but dont know how long they can do like this.

Rumor say russia army will going to fire the first shot today at 11am MYT if ukraine army dont surrender.

In the world of forex, believe what you see in the chart, not believe what rumours you heard.
What you heard can be wrong, what you see is still there.

Yup, totally agree with you.
That is why when we heard some rumors about certain trade opportunity, what we can do is pay attention on the market and enter the market accurately when the rumor end up to be true without missing the opportunity.

The Russian Ruble start to go down since December 2013 when the unrest in Ukraine started and from that time people start to worry about Ukraine will have the same fate as Georgia in which Georgia was invaded by Russia in 2008 under Putin as well.

anyway ...congrats whom bought GJ and EJ from this morning ...

Today near 2pm , EJ shoot up close to 77pips in just 2 minute.. Making me richer 1kusd.. Wanted to close at 140000 but can't... This is such called lucky..

i'm in the run for 140.5x :-)

50k per month is definitely believeable and very plausible. if 1 mil definitely fake de. if you have 1 mil deposit, leverage is so damn low, its hard to make any decent money. not to mention the liquidity needed for such large positions.
p/s my target also is to be able to withdraw 50k from my account someday. but doubt it will come soon. maybe in few years lol.

good luck

i search the username u give at CG.he start from last year.walao he is very good,and he's banned from broker.to bad he's not sharing the method.just a clue a momentum and tick.

and those 'clueless' ppl here in lowyat just bash for the sake of bashing

Is he really ban from brokers? I din check his status..

Anyway, as I said.. Redrawing too much is a problem as well..

If can't redraw more than 25k per transaction n every week... Then have to find alternative..

I wonder how those having large account like a million n trade earn a million per day,week,month n redraw..

Isit just citipro accepting these traders?

anyone got info about this?

he state at the topic he started.halted from broker.i wonder why he trade with market maker.
if u really successful trade with Dukascopy.
for me fxcm.uk i got problem withdraw 12k before.

fx trade all possible lol.at babypips forum got 1 guy show his 40m account.verified real acc.at the end banned by moderator!lol

mod ban coz scared newbie had heart attack

btw i try to trade using tick + normal chart, let see how it goes

Wow, really fascinating. Hope everyone here earning more and more money!

Hey there guys, do you guys know where can I look for forex education mentor ? I am new here thank you

Look me

Earning 40-50pip for enough for side income. Poor guy like me only trade 1pip=1usd

U have time to learn?
How much time and money can u spare?
What the motive u want to explore FOREX?
R u ready to burn your first account deposits?
If you are going to deposit usd 300 and below.. Then I suggest u just play demo account...

Forex is not meant for anyone who just fly in and think it's going to be very successful..

A lot of situ here bang the wall many times and still are.. Bloods everywhere..

A pro trader will spend years just to make sure they don't make the same mistake...

If u want free info... Then read babypips.com.... Finish that then only talk..if still u r interested..

Hey guys... Just want to inform.. I have started forex academy..yeh..

Actually what is that?

Google is there for you.

https://www.interactivebrokers.com.hk/en/main.php
is a big broker you can research on.

This post has been edited by zDarkForceSz: Mar 4 2014, 11:40 PM

Wonder why the broker ban him? For making too much money and then withdraw out the money he earn from market? The broker should only earn his spread. Unless the broker is taking up his bet then its a different story.

Most brokers claim they earn from spread. Are they telling lies now?

I believe those are market makers. Market makers will lose if you win. So, always go for ECN brokers.

Sifu master dark force.. U not going for this broker?

That is what forexcoder wants....

Pm u..

I'm okay with my current broker, so no need change haha.

hey, i would like to ask. i opened acc in FXCM and found out that they are like margin. meaning if i deposit 1k in account and after i open trade left 500. FXCM will use the remaining 500 to minus if the trade i open is losing money. Is the broker u guys using same as FXCM?

how many lot u open and what is your leverage?never heard half of your deposit lock by fxcm.

Anyone here kena " EOD reconciliation"?

Mean your trade / account have been readjusted?

Hmm..i started my trading with 30 usd..within 2 weeks my account almost reached 1000 usd now.

For me , it is all about determination and strategy. Losses is part of it...but the best part of it , is how to come back from that losses. That is priceless

Thanks Kev, this really inspired me to give a try in trading again.

Floating short @ UJ...

What broker u use?

30 --> 1000usd is really awesome

Why short?i thought the bull still have strength. tonight is non farm employment change. Expected low movement today. Btw, im expected gu & eu to rise before going south after the news release.

i will wait for correct moment to start again my trade :-)

continue with analysis

Me also. Want to wait for better signal and crs first. im waiting gu and eu drop a little bit more. The train will come. Dont chase that train. Patient is the key here.

Dear kevler,

U r not first time trade.. I m sure u have burst your account before..

At first time no one can trade using usd 30 to usd 1000 in 2 weeks...

He would not know wat is risk management and margin use..
He must have to gamble every trade..( you do the math with micro acct.)

Above that, I m just saying if less than 300usd without knowledge.. It like throw money to sea.

As I said b4, forex is to make huge money..not pennies...

If at the end of the day, all effort is to make usd few hundred..then better focus on wat currently undertaking..maybe better result..

As for myself, I have put in usd1k at beginning ..but din trade for quite some time.. Research and observe and asking a lot from those who have fail b4...

Projects coming in last year making me busy but still take some time out for forex.. Met with master dark force..got some guide from him and trade with my own style...

End up from 1k to 7k within 2months... Jan 2014 with 56 win trades..8-9 lose trades.. Feb was better.

I spend like 2 years research, observe and learn..it not a one day thing.. The best part was I don't have to burst my first account.

I did ride on other ppl knowledge, failure n bloods..

Here I thank them for info, guidance n sharing.... Including master dark force...

The key for forex is how to take your lost & money management. We always think profit & Doesnt think how much we bear to lose. Without SL dont trade because i trade can burn your account.

frankly yes , i did burst my account , due to incorrect observation and analysis . can't agree more on your statement :-)

for capital , i usually started my account with USD30 ...or USD50 ... from there , i trade 10 cent per pip , or micro account with 1 cent per pip ...just to build up my confidence ..

for me , patience in trading is a must , but it need a vast of knowledge before enter into market .

market is like an ocean , we could survive if we have proper plan ..but we could drown if we are not observe enough

Hmmm... I guessing r right on GU.. From now till 9pm today.. It will rise and then playing level for RSI between 54-59
Before falls back..

If look at chart, it might be rise over resistant 1.67 abit ...hope it won't go more than RSI 60.. Or else..

All of above just my 2cents opinion.. But just look at the result later.. I might be wrong.. 50-50% chance

I agree with u on the patience n knowledge.. I have waited appx. 2 years before really into trading...
Yet still on the learning curve...

Quite a lot ppl ask me... Forex is that easy meh?

I answer them... Better than Genting... No need drive waste petrol.. And anytime I can gamble..minutes,hour and days..except weekend and US public holidays...

Haha... Those kena CON by MLM or play without knowledge same as gamble lo... MLM type Somemore worst..give money to ppl account..can't see account and trading transactions.. Dunno win or lose..kantoi!

the only thing now is .... How to become silent mode...???( means earning a lot without hassle)

I dun mind that much on slippage, freeze account 1-2 minute... I only care on withdrawal...

Withdrawing less than 10k a month is ok.. But as I said earlier on, how about 25k per week?

So good you are, can withdraw 25k per week. Can guide me? hhee

One thing on SL...

How many of u having put SL as 30pips?

How many of u have lost because of SL?

Look at GU single candle bearish 1.67107 to 1.66716 almost 40pips and 3 candle bearish 1.67031 to 1.66636 almost 40pips over..

Now the debate is .... Whether this SL is a playing psychology field from the market maker?

They know that majority will set at the area for SL.. And when news come in... They will push to the SL area by further 10-20 pips of majority 30pips? And then let the news take over?

My account past that figure of 25k.. But it's now at month..not yet weekly... That y previous I ask who have withdraw that figure in weekly... I m trying to move to that target...