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 ringgit Malaysia drop , how to I change my RM to USD

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Zanmai0146
post Jun 6 2015, 10:49 PM

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QUOTE(nexona88 @ Jun 6 2015, 04:48 PM)
USD1.00 = MYR 3.76090  shocking.gif  shakehead.gif  doh.gif

3.80 is coming very soon... maybe on Monday  cry.gif
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I'll more than happy to see it reached 4.0
So my forex withdrawal USD-RM I'll get more RM 😂😂
Zanmai0146
post Jun 7 2015, 09:51 AM

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QUOTE(nexona88 @ Jun 6 2015, 10:56 PM)
good for u  rclxms.gif
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You can try invest small too. Hehe
Zanmai0146
post Jun 7 2015, 09:51 AM

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QUOTE(danmooncake @ Jun 7 2015, 08:56 AM)
I like it!!  Cheaper to shop and eat out in Malaysia despite GST.

I hope BNM don't intervene.
Cheaper Ringgit is actually good for Malaysia.
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Yes is good indeed but when u gonna travel, ur pocket hurts
Zanmai0146
post Jun 7 2015, 11:37 AM

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QUOTE(danmooncake @ Jun 7 2015, 10:03 AM)
Yes.. unfortunately local folks who earn Ringgit will see their purchasing power diminished because they're paying
higher exchange rate.  Maybe more local trips for them. No oversea trips..  (unfortunately, including Singapore for them).
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Yes, very true I agree with you. But this sudden drop is not logically for me. In short term from 3.4 to 3.7 that's a huge difference.
Zanmai0146
post Jun 7 2015, 03:27 PM

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QUOTE(danmooncake @ Jun 7 2015, 12:51 PM)
Well, it took approx 4-5 weeks. It's not just the weakening Ringgit but also Oil prices are lowering because of stronger Dollar.
The foreign funds gradually are pulling their money out because of the uncertainty of Malaysia bonds. But, they'll be back if it gets cheap enough.
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they will be back but no so soon i believe until 1mdb is resolved
Zanmai0146
post Jun 17 2015, 01:41 AM

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best if currency drop.. hope will drop until 4.5=1usd
the more forex profit i can get brows.gif
Zanmai0146
post Jun 19 2015, 01:23 AM

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QUOTE(vincentwmh @ Jun 18 2015, 05:21 PM)
yes, i totally agree with you. i understand. its just that i opt to do both. just a portion (to me, just a sum of my 7yrs travel budget fr rm into usd into my pillow now and surely portions for the 'blue' and others generating mode.

p/s when aud 2.6++ in-sight, i am sure to stuff some under my pillow too..hahaaa drool.gif

BTW, BNM X usd notes direct deposits, need to convert. but in sin, you can bring your pillow stuffed in usd notes to bank & deposit them, small interest tho!! if big amt, why not!!
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got no idea why u wanna keep in bank? the interest can cover the inflation rate ka? unless u have millions and too rich got nth to do then only consider put in bank for interest. else take go invest. money depreciate everyday bro.

you see now GST+6%, another 5 years maybe your RM100 be valued @ RM80 or maybe less?
Zanmai0146
post Jun 19 2015, 01:10 PM

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QUOTE(vincentwmh @ Jun 19 2015, 10:18 AM)
what makes u think i only keep all. likewise, if u only invest all & don't keep any, that isn't a wise move too  sweat.gif

to me>> u earn, keep (bank & of cos 'into pillow'), invest, spend & give back (charity)
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That's what I mean. Instead of putting in bank then better u buy something or some savings plan least get more than bank interest.

For me, I am a full time forex trader. I don't waste my time working. Invest and earn. After got my money I'll use the money to buy actual gold and houses for rent to let my money grow

Zanmai0146
post Jun 19 2015, 06:10 PM

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QUOTE(aspartame @ Jun 19 2015, 05:47 PM)
Please reconsider your plan. It will not work. How much capital you have trading forex market? First, answer that honestly. You better get yourself employed as soon as possible. sweat.gif  Do not waste your crucial youth period trying to outsmart pros.
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Capital? I use about $2000 to trade at the beginning. Since when? It's a long journey back dated. How much I have earn now? Is beyond your imagination. I'm not a big spender and I got my discipline for my trade. Satisfy and not greedy is the key point of trader.

Well, I had my Money divert to many other projects & investment. Still generating income monthly and yearly. I don't drive Lambo neither BMW. Monthly commitments also around RM3000 - RM5000 which already covered from my other business.

Forex now is my extra/additional income for luxury.
Zanmai0146
post Jun 19 2015, 07:42 PM

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QUOTE(AVFAN @ Jun 19 2015, 06:25 PM)
maybe u old fashioned, oldie la... young ones today not same anymore, pls spare thought on that. i also used to think like u, but changing my mind now. tongue.gif
find yr skills, polish them. if smart n careful enough, there is always space!

all the best. wink.gif
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Yes, most of the traders I see now a days is greedy. They wan quick bucks thru overnight. Which is not true and not gonna happen in forex.

I had my skill ready and several followers too. So far min $100 per day if I'm too lazy but yet also must depends on market situation. I'm not pro but now forex only as extra/additional for me.

How I trade? Hell im not gonna expose my skill to anybody. Cari makan tools. Hahaha
Zanmai0146
post Jun 19 2015, 08:00 PM

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QUOTE(AVFAN @ Jun 19 2015, 07:46 PM)
>$100 per trading day? that's excellent if success rate is >80%!

hell, i'm only looking for $200 per week, success rate 70%! laugh.gif

ya, keep yr secrets, everyone does, no need to get to details. wink.gif
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Ouch. $200 per week? How much is your capital? I will not expose my trading skill but I can enlighten you where should u go thru. First thing first is discipline.
Zanmai0146
post Jun 19 2015, 08:43 PM

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QUOTE(AVFAN @ Jun 19 2015, 08:02 PM)
thanks, no need, i know u mean well. smile.gif
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Happy trading smile.gif
Zanmai0146
post Jun 25 2015, 08:54 AM

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QUOTE(OMG! @ Jun 25 2015, 08:20 AM)
Yes I wonder as well. Or should i rather use Riel (50%) and USD (50%) in cambodia?
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Most of them prefer usd instead. Better bring usd and keep low riel. Riel got no value.

I hope RM will never become like Rupiah. cry.gif
Zanmai0146
post Jun 26 2015, 11:06 PM

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QUOTE(wil-i-am @ Jun 26 2015, 10:58 PM)
1.00 USD  = 3.78555 MYR 
Heading to 3.80 slowly
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Faster reach 3.8 lor.. Actually I waiting to do withdrawal from my forex. Wanna withdraw 10k @ 4.0 rate.. Dunno my dream will come true anot laugh.gif
Zanmai0146
post Jun 26 2015, 11:19 PM

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QUOTE(wil-i-am @ Jun 26 2015, 11:10 PM)
It could b so near yet so far  brows.gif
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I believe najib can make it hahaha
Zanmai0146
post Jun 27 2015, 02:13 PM

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QUOTE(cute_miao @ Jun 27 2015, 01:19 PM)
whats the currency note that we can purchase now? sg n usd is not worth of buying now right?
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No currency worth to be purchase now. If u earn USD, then keep it remain it as usd. If u earn MYR, just hope for MYR going back strong. Else u all gonna die with price hijacked.

As few post back, there's a forum we saying mostly we are using import stuff. Which is true. (Even my car engine oil is imported from US) So price will shoot up rocket high with Federal Reserve being rage for increase the interest rate, the price of goods will even shoot higher. Expecting another iPhone will cost u more than MYR3000-MYR3500.

You better pray for Federal reserve nvr increase the interest rate. Else Malaysia will be downgrade to A- country. No longer stay at A gred country. Even later the PRC will look down at you when u go to China. laugh.gif
Zanmai0146
post Jun 27 2015, 03:16 PM

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QUOTE(cute_miao @ Jun 27 2015, 02:34 PM)
tq to clarify

now got money, also duno what to do..

put in fd also so low cz ringgit value is so low now....

terima kasih jibbie
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Depends la. Nobody knows what will happen next second. Maybe suddenly they found lost money leh haha
Zanmai0146
post Jun 28 2015, 04:36 PM

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QUOTE(supersound @ Jun 28 2015, 04:22 PM)
I'm farking confident that ringgit will rebound against all currencies on Feb 30th whistling.gif
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If it exist laugh.gif
Zanmai0146
post Jun 28 2015, 06:34 PM

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QUOTE(supersound @ Jun 28 2015, 05:39 PM)
Well, talk is cheap whistling.gif
All are just speculating. In order for USD to drop, you need crude oil price going up.
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U.S. Economy is so strong now. I doubt that.
Zanmai0146
post Jun 28 2015, 08:56 PM

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QUOTE(aromachong @ Jun 28 2015, 07:20 PM)
Strong but unable to pay trillions debt

you define that strong? rclxms.gif  rclxms.gif
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They don't even care.. Even debts usd still so strong. Malaysia only billions sudah nak mati. All blame government

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