QUOTE(carrer @ Jun 12 2015, 12:41 AM)
By the way, investing.com is another one.Forex Version XV, Foreign Exchange Market Discussion
Forex Version XV, Foreign Exchange Market Discussion
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Jun 12 2015, 04:53 AM
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#21
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Jun 12 2015, 12:25 PM
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#22
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Jun 15 2015, 11:08 AM
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#23
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Jun 20 2015, 04:36 PM
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#24
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QUOTE(chiongchiong888 @ Jun 20 2015, 04:01 PM) Hi sir, thank you for your reply and it is very much appreciated! Trading is not easy, it involves a lot of arts and intelligence. Pick any job in this world, doctors, lawyers, engineers, etc., majority of the people who studied them could become one. Let's say 100 people study medicine, majority of them will become doctors, or maybe half? Not sure, but many will.I would like to ask how did you start your journey from where and how did you start? So that I can have some ideas to follow and take advises. ( Ps : I'm also quite new to lowyat and have no idea how to type those pretty emoticons I saw u all use >.<) However, trading is different, in 100 people, I would say only 1 person could make it. Some say 5%, but the really profitable ones are probably less then 1%. You can start off with http://www.babypips.com/school In essence, trading involves 3 components: 1. An edge (A system or trading method which works) 2. Money management 3. Psychology (Discipline) |
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Jun 20 2015, 09:11 PM
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#25
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QUOTE(Zanmai0146 @ Jun 20 2015, 07:12 PM) How do I trade? Sorry I'm not gonna expose any information about this. Hahaha If you could make that much, change your broker. Go for Interactive Brokers, Dukascopy, LMAX, or Currenex brokers. You withdraw USD$1 million a month also no problem.I got this technique based from my bursting experience and so far so good. Making money. Works. Actually I can make more than 100k USD per month but if broker see you keep withdrawing, they will stop it and said your account is terminated due to some bla bla bla.. So I do set a limit for now. Not worth it when that issue happen. Pls take note bout it too. Broker have all the speaking power. |
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Jun 21 2015, 07:08 AM
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#26
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QUOTE(lucky8six @ Jun 20 2015, 11:28 PM) Preserve and protect your equity If you are just starting, it's better to demo first. It is psychologically better. Because if you keep on losing, you will be emotionally affected and you will hate forex, and you will leave forex. Demoing is the best way to preserve and protect your equity.Preserve and protect your equity Preserve and protect your equity Preserve and protect your equity Preserve and protect your equity haha. Don't have the seriousness feeling when trade demo. I prefer trade with 0.01 lot size in real account and do testing from there. |
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Jun 22 2015, 09:13 AM
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#27
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With a 10 Million, I would put in the bonds or blue chip stock which pay good dividends.
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Jun 22 2015, 04:17 PM
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#28
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Jun 22 2015, 04:54 PM
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#29
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Jun 22 2015, 08:02 PM
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#30
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Jun 23 2015, 08:30 PM
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#31
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QUOTE(gxthelord @ Jun 23 2015, 06:30 PM) Most forex robot are risky and useless due to most of them are using martingale system. What do you guys think? I think they are mostly scam and just selling their so called robot to naïve consumers. A robot which is based on martingale strategy is very risky. There are profitable robots, but people will not sell them. I have created many robots too, but so far, I have only one which is genuinely profitable, but nothing beats manual trading, so I still manually trade. For those who don't understand. -A Martingale System is a method of gambling where you double your bet each time you lose. Many EAs and some other forex trading systems use this method. Imagine that you bet 1 dollar on a coin coming up heads. If you lose, you bet 2 dollars the next time. If you lose again, you bet 4 dollars. If you win that time, you win 4 dollars and have lost 3 dollars, so you come out 1 dollar ahead.- By the way, robot results can be easily manipulated by curve fittings. |
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Jun 24 2015, 12:28 AM
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#32
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QUOTE(gxthelord @ Jun 23 2015, 11:13 PM) For example you have a MA crossover system. 50-200 EMA crossover. You try it on EURUSD from 2013-2014, and it is not profitable. You will then optimise (find the best combination) on that period and let's say you found that 59-189 EMA crossover to be profitable. This is called curve fitting, because when you use it on 2013-2014, it's profitable, but there is no certainty that it will work in 2015. |
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Jun 24 2015, 01:25 AM
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#33
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Jun 24 2015, 05:18 PM
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#34
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Jun 24 2015, 05:21 PM
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#35
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Jun 25 2015, 08:00 AM
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#36
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Nice patterns. It's very funny, but useful.
Buying gold? Unfortunately I am going to short gold. Let's see how the caterpillar works. |
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Jun 25 2015, 11:44 AM
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#37
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QUOTE(jay_y @ Jun 25 2015, 11:18 AM) Thanks for the reply bros.. 2k to 3k pips a month trading Gold. That's a lot. Manual trade or robot?I am having consistent profits every month (talking about 2000 to 3000 pips through Xau). However, out of the trades in a month, I will face some losses due to the stop loss hit.... So i took some initiative to investigate the influence of stop-loss.. When you say protect your capital 3 times? what do they mean? |
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Jun 25 2015, 01:22 PM
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#38
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QUOTE(skyati @ Jun 25 2015, 12:31 PM) Good day guys. I am sorry if i am in the wrong thread. I just wanna ask some opinion. Heard of Sam Billionaire Club? A friend of mine plan to pump in 39K USD (sharing with few friends) to Sam to trade. Is this guy genuine trader? I saw his FB i think he related with hafizat the prince of forex. Please give advice. Thank you guys Bro, Hafizzat the guy with Lamborghinis and Ferraris? I am not sure about Sam, but I think Hafizzat is very successful. How much return they offer you?EDIT: Just saw that he promised a 100% return. Not sure how consistent it is going to be. Maybe you can ask for their track record. This post has been edited by carrer: Jun 25 2015, 01:45 PM |
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Jun 25 2015, 01:26 PM
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#39
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QUOTE(jay_y @ Jun 25 2015, 01:21 PM) Hi, it is manual trade... XAU normally quite easy to get pips.. of course it comes with risks... Stoploss is very important. But you will get stopped out if you place it wrongly. For me, if the security spikes a lot, I will place my stop a bit far away. I will exit using mental stops before the price reaches the real stop. If you are scalping, then this is easy because you will be looking at the screen all the time, in fact, you don't actually need a stoploss. But it's better to put them in case of power/internet failure.that's also another reason that i asked about stop-loss.. |
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Jun 25 2015, 01:50 PM
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#40
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QUOTE(Zanmai0146 @ Jun 25 2015, 01:29 PM) Even my private investment group I din GUARANTEE them 100% SURE profit. They invest at a risk and got their right to check the balance daily. Bro, can you PM me your track record/statement. I might want to invest some amount if I think it is profitable. Thanks.This is fishy already bro but let see how other traders comment. |
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