Sorry to thread-jack

but I'm facing a dilemma whether to trust this so-called forex trading company : https://forum.lowyat.net/topic/3593063

sifu-sifu sekalian, do kindly voice out some precious opinions of yours


By the way,

Is there such thing as handling a sum of money to a Forex broker for him to help me trade?

If that's so, how much is the minimum amount of money needed to open an account for Forex brokerage?

Damn right !

I'm just wondering how those youngsters out there able to spend and live lavishly when they're just younger or same age as me

Do you guys prefer trading under a brokerage firm or just trade yourself ?

If trade by broker, which broker is the best ?

So just key in PBBEMYKL for Public Bank, everyone's the same if they use Public Bank, am I right??
Newbie here as well , but isn't 400:1 known as leverage ?

Thanks.

Another very noob question :

If I buy something at 1.12859 ,

then the market keeps on falling to 1.12600

Can I keep on holding it until the next day?

Ahh I see ! That's what the margin is for !

ty

Alright, will do

I think I know what he's trying to express .

because when you set up an account you have to fix your preferable leverage mah

that means even though you have 1k USD but you can "borrow" money for higher price .

so he's trying to say since he's using small amount of capital to multiply profits and losses , will it affect his take home profits ?

but I think if you profit 300, and that's that . no extra

old_and_slow , leverage is leverage.
I guess it wouldn't affect the calculations for the profits stated.
If got extra $400, then can withdraw it without needing to multiply this or that.

What the hell you talking? We were talking about leveraged profits. Didn't mention anything about balance or initial deposit or broker's T&C

Margin call is determined by my broker, right?

What the hell is swap

Done.

still doesn't understand.

so deep