QUOTE(Lancelot du Lac @ Nov 13 2014, 11:10 PM)
im oldfag demo and paper trader once i lose 8k.. once i gain 8k.. live acc. breakeven. then i decide to go live when i fully understand what im up against
Forex Version XIV, Foreign Exchange Market Discussion
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Nov 13 2014, 11:22 PM
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#121
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685 posts Joined: Aug 2011 From: Fairtex Bangplee |
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Nov 13 2014, 11:35 PM
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#122
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Nov 14 2014, 01:04 PM
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#123
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Nov 14 2014, 04:41 PM
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#124
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Strategy: Basket Trend Trading
TF: Daily Currencies: as shown below (get rid of AUDNZD next time) Entry: Signal showing uptrend = buy. Downtrend = sell. all pairs at one time (any day any moment. random entry with daily trend following) ![]() |
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Nov 14 2014, 04:56 PM
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#125
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Nov 14 2014, 05:07 PM
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#126
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Nov 14 2014, 05:20 PM
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#127
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QUOTE(csong60 @ Nov 14 2014, 05:11 PM) Yes, you are right ..... for 1 standard lot, 1-pip = $10. Since yours is 1-pips = $1, meaning you are trading 1-mini lot. yea i expect that brilliant quote In that case your capital for this demo account is unrealistic. I doubt you will ever get margin call ;-) There is a saying .... "Treat your demo account as if it is your live account". im testing this to determine how much drawdown it can reach? this is important to know the potential DD first if its around 1000 pips, then need ard 3-5k capital to start on the highest DD i got is -80pips (minus spread is -25) and highest profit is 350+ (minus spread is 400+ pips) |
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Nov 14 2014, 05:50 PM
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#128
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Nov 14 2014, 06:12 PM
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#129
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Nov 14 2014, 09:55 PM
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#130
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QUOTE(kimyee73 @ Nov 14 2014, 09:43 PM) I knew nothing on forex and would like to learn. I'm looking to open an account with a broker and it has commission of raw spread + $10 per round turn. I'm quite confused on how commission being calculated. Does it meant I need to pay $5 per transaction or what? there a lot of brokers offer no commission. im sure some IB here will PM u.. dont worry |
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Nov 14 2014, 10:15 PM
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#131
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QUOTE(kimyee73 @ Nov 14 2014, 10:09 PM) There are also no commission accounts but min spread is like 0.5 pip or more depending on broker. Which is better, fixed minimum spread or 0.0 min spread but with commission? I'm going to use it with auto trading via MT4. Thanks. fixed spread is better. most of trader choose to pip spread instead of comms |
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Nov 15 2014, 09:45 PM
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#132
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QUOTE(jennyngmy @ Nov 15 2014, 04:50 PM) Hi Learners, which method u choose for deposit/withdrawal in exnessI would recommend that you start with $50 and make some profits first. You can register in FXRebator.com and get No deposit bonus to try out the exness platform. you can email me on jennyngmy@gmail.com. |
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Nov 16 2014, 05:04 PM
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#133
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QUOTE(demolationz @ Nov 16 2014, 10:05 AM) The leverage is high ? Did you know they change the leverage every Friday night to 1:200 ? Last time they was once a good tight spread broker until they ripped me off with the leverage thingy all floating trades of mine had been close automatically. how the change of leverage affect ur trades been close automaticallyIts depends on a trader afterall. Swing trader is not recommended. For intraday, just dont overtrade on Friday. |
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Nov 16 2014, 08:03 PM
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#134
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QUOTE(kensh!!n @ Nov 16 2014, 05:47 PM) Hey anyone here know this forex mentor (Hafizzat Rusli - Prince of Forex)?? the one who make most money in forex is the owner of forex broker» Click to show Spoiler - click again to hide... « He claimed himself as Master IB for FxPrimus His marketing really gempak lor, with lambo and luxurious lifestyle His fee varies by class type : Basic - RM800 Advance - RM10k Ultimate - RM40k some of malaysians are the owner of forex broker, or co-owner, joint venture of forex broker |
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Nov 16 2014, 08:22 PM
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#135
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QUOTE(jennyngmy @ Nov 16 2014, 08:11 PM) Good to know. But Please be aware as there are some scams reported that guy claim that his DEMO acc got scammed by Tradersway http://www.forexpeacearmy.com/forex-forum/...er-scammer.html I would still like you to try exness parallely and compare them. Since it is no deposit bonus, you have nothing to loose. I already have an account with exness, so not able to get the no deposit bonus but you can give it a try and let us know if they really give out no deposit bonus (no strings attached). |
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Nov 16 2014, 11:05 PM
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#136
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Nov 17 2014, 02:10 AM
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#137
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Nov 17 2014, 04:46 AM
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#138
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QUOTE(learners @ Nov 17 2014, 12:35 AM) Hi, Thanks for the reply jennyngmy. Of course, i wouldn't use my whole capital with one trade. Capital usage will be small, but 2k is the amount i''m willing to deposit. I will definitely research fxrebator. I'm new to forex, i thought most people use mt4, i guess i'll have to understand more about exness first. Been trading stocks, futures and options for a while, recently i've been papertrading forex on TOS/TDA account. Until i have pretty consistent result, they rejected the application for foreign account. How disappointing! who reject ur application. which firm u working with?Does anyone here trade with FXPro, FXDD or Alpari? these agencies look more creditable to me from my research. Though i feel Alpari is a little desperate, they called me immediately after i put my number in... and i'm not really looking for any rebate or promo, some good reputable agency with good service would do. Some advice please. fxpro, alpari, fxcm they are good broker and regulated |
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Nov 17 2014, 02:51 PM
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#139
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USD vs JPY
JPY won ![]() |
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Nov 17 2014, 03:41 PM
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#140
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QUOTE(kensh!!n @ Nov 17 2014, 03:06 PM) You mean Mocaz, the one that has autocopy trade feature? that as easy as this: u pay Boston Technologies around 50k and after 3 months everything will be done by them. they will setup everything from A to ZYeah the owner is lukpayat from c.a.r.i.g.o.l.d It seems few Malaysians have the financial capability to open forex broker Another new broker is GAFX, their office in Bangi Their liquidity provider is Boston Prime These guys are thousand miles ahead of us Nevermind, we will reach that level one day get MT license get feed provider get offshore office (NZD, Cyprus) register business and regulations. there u go.. BOOM! new bucket shop in town get local office and server (but put offshore office in website) in Malaysia under IT license considering 95% traders will fail, the guaranteed profits as good as UMNO/BN cronies business profits This post has been edited by highlowyat: Nov 17 2014, 03:44 PM |
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