a piece of advice for trade in forex...

- dun use too many indicators that u dunno what is function for. i had seen many traders who install to many indicators and when i ask them do they know all the function of the indicators they use and many of them said dunno just because they see it inside indicator button so just insert it. Many indicators wont tell u the exact trend will be moving but actually a mess and make it harder to make an analysis...

- if u r still new and only have basic knowledge on trade always trade at the lowest vol. per pip as possible. dun try to catch up for the profit at first but to learn how to read the market movement...

- dun be greedy. When u already achieved ur target profit ie 10% just stop ur trade on that day. ur hunger for profit wont get u rich but the opposite.

- Choose ur trading profile for the day either scalper, intraday, swinger

- Dun ever make a trade during news time if u r still new. Best an hour before and after news usually within this time frame Market will be back in normal.

- Discipline. Maintain ur margin management. If u only have low capital amount dun entry for big lot vol. per pip. It will make u fast reach MC or burst ur account at the end.

- put faith in ur analysis. If u already entry try to give it time before u earn profit or cut loss. Dun forget to set Stop loss to guarantee u wont lost all ur capital money.

- forex not for someone who seek for fast money easily because many of them had fail and yet many of them had success in forex. take ur time to learn and widen ur knowledge in forex trading. share ur knowledge with someone else so u can train what u learn to the other and sharpen ur skill.

Finally, happy trading u all... hope with the tips i had given above will help some of u in forex trading...

  u is sifu..... 

Can try FXTM, FX Primus and XM 

Hi newbie here, hope get help from all sifu here. Currently trading EU , GU in demo. 
Read thru this thread, 9kingsir do u still take student ? 

yes yes... you are right... from the forexfactory... it sometimes indicate if actual > forecast = good economy... or vice versa... doesn't it means as it is?

Wow, planning to deposit too but not even 10% of urs deposit. 

I just deposit 15k usd into the account. Wish me luck

If I got that money. Ofcourse join Pagasus ady.   

yup thats rite...mostly trade after work hours...but i still keep make some analysis to polish my skill to look for entry just using the indicators i installed...just observe and analysis during working hours...hehehehe 

how to join?

Apply money manager license from broker will do. The most important thing is the LPOA.

Institutional license in Malaysia for forex, so far none.

em..FTT only get 2-3k USD? how to let go current job like that..thats not really enough with the current inflation rate, opr going up and up and up..

But anyway, he was spending his office hour doing other things like forex research....almost unofficial FTT. Day job is like side income.

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.

If you don't know the basic, I don't see how far you can go