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Forex Version XIV, Foreign Exchange Market Discussion
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bulkbiz
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 Aug 28 2014, 06:51 PM
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QUOTE(9kingsir @ Aug 28 2014, 06:38 PM) License from broker.. I have it. But getting one from singapore .. next year i go take exam.. see how la.. Money Manager and Hedge Fund is different, Money Manager is less regulated, more flexible. Hedge Fund is totally different story, you will go nuts with all the regulation. If you are just managing < 10 mil of funds, why bother go for HF, and I don't think they will entertain you, because that is peanut. Just establish a small boutique firm focusing on "Managed Forex Account", that's what I am currently doing. |
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bulkbiz
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Aug 29 2014, 09:53 AM
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QUOTE(mariochuah @ Aug 28 2014, 10:16 PM) Leverage 1:100 Play safe. Don't like to margin too much. 1:100 is leverage that broker gave to you, what leverage are you currently using? |
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bulkbiz
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Aug 29 2014, 10:51 AM
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QUOTE(mariochuah @ Aug 29 2014, 10:17 AM) Ok, means you don't know. |
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bulkbiz
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Aug 29 2014, 11:10 AM
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QUOTE(ironmanfren @ Aug 29 2014, 10:52 AM) Do you mean True leverage? From what I know, Max Leverage is the leverage that is provided by broker, for eg 100:1 or 50:1 depends on account you chose. Right ?  For True leverage, it is equal to trading lot/account balance. Eg. I buy 1 standard lot of $100,000 with account of $5,500 balance, my True leverage is 18:1. Am I right Sifu ?  Yes correct, and that is high for me  I personally risk 1% per trade, that means max I can risk is $55. For one standard lot, that is like, 5pips SL? hehehe. |
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bulkbiz
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Aug 29 2014, 11:38 AM
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QUOTE(mariochuah @ Aug 29 2014, 11:04 AM) Don't have to know la. Can win money can Liao.. Lol If you don't know the basic, I don't see how far you can go |
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bulkbiz
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Aug 29 2014, 11:55 AM
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QUOTE(9kingsir @ Aug 29 2014, 11:48 AM) finish whole babypips oso wont go far either That's why have to join your academy lor  |
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bulkbiz
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Aug 31 2014, 09:29 AM
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QUOTE(demolationz @ Aug 29 2014, 07:58 PM) Wow. Thats tight boss.  I am joking about the SL, I am not using 5pips SL. That is crazy. Don't misunderstand my statement. |
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bulkbiz
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Sep 8 2014, 03:31 PM
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QUOTE(starship1 @ Sep 8 2014, 03:26 PM) thanks bro for your insights. i am a firm believer of whenever possible ,follow the trend and as little as possible, going against the trend just for the fun of it,a few times at genting on the baccarat table ,i observed many ppl follow the trend on the winning hits and i saw many smiling faces. its surely is more fun Do not trade against the trend, if weekly and daily trend is going up, you better don't keep shorting, else you will end up in disaster. Unless you are shorter term with SL in hand. |
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bulkbiz
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Sep 18 2014, 01:28 PM
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QUOTE(starship1 @ Sep 18 2014, 12:32 PM) Join me i am the Trader of the Year and Chairman of the Board of the common people which is about 95% .Just joking with you bro . either you keep on demo-ing until you have fine tune your strategies and MM or you start with live account and test your mental state. dont mean to scare you off , there are hundreds of strategies ,trading and money management and trading systems. 95% dont always work. if you can find reasons why 95% dont always work ,just dont repeat what they do and you may win.its a fair game still Positive Expectancy system, learn how to back test + Monte Carlo MT4 backtest is not enough. |
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bulkbiz
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Sep 25 2014, 10:59 AM
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QUOTE(dinpro @ Sep 25 2014, 09:06 AM) hi guys... is forex still not approve for malaysian to invest on offshore company that is not registered in malaysia? Still illegal for Malaysian. I transfered 50k over to my new broker in UK, the banker asked me 5 times, "are you sure this is not Forex?"...... |
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bulkbiz
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Sep 27 2014, 12:31 AM
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QUOTE(lowya @ Sep 26 2014, 05:52 PM) how did u reply? did the transaction get through? I told them it's for equity investment. Yes, through .... the next day reach my broker's bank, very fast. |
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bulkbiz
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Sep 27 2014, 02:19 PM
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QUOTE(mchicken @ Sep 27 2014, 07:11 AM) @bulkbiz Which broker are you using? LMAX Their LMAX Professional package ..... |
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bulkbiz
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Oct 1 2014, 02:20 PM
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QUOTE(pai3355 @ Oct 1 2014, 01:40 PM) thats why better trade using broker with local depositor, instafx and ikofx as examples. Then we only have to worry about our trading, no need to worry for confirmation call from banker or wang sangkut  That is illegal, illegal money deposit taking. |
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bulkbiz
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Oct 14 2014, 06:03 PM
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Forex volume is back this month, volatility is back, and I love it ..... From January until August, really want to vomit blood.
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