martingale systems kill Damn funny nowadays open facebook, everyone saying
pittt arhh pitt arhh, you will wished you started today, 2.0 huatt arhhh, future is in your hands,
all scalpers with big lots with 3-5 pip tp, well maybe their hit rate is 90%

Go google her number.. Not bad la I can say.

I missed a boat last night when Ga drop until 200pips.: it shoot back up. Sigh.

Trade with 2.0lots sure high profit.. But when come to loss.. U die even faster.

TP 3-5pip.. Spread how much already? I realize they attack thru youngster. Especially amoi.

Use amoi to do marketing for them. Bravo.

Use amoi to do marketing, many guys will fall. Even me who knows that's a scam will also fall for the scam, willingly.

July 2015, wasnt really a good month, missed my target to have a gain of 25% from opening month equity, only made about 13%. haish

had a losing streak towards the ends of last week else it will be close to 20% ahhaha

anyway, im looking forward for the first week of August trading week,

1) 3rd August is my birthday, every year im getting younger, so i guess im turning 19 this year
2) I will be trading the news, "Super Thursday" - BOE August inflation report, minutes and rates will be release in one go, had setup straddle script to trade it on GU pair, risk reward ratio 1:3
3) NFP on Friday - im expecting a one side move unlike last month due to few fundamental reason. Had setup straddle script to trade on EU pair, risk reward ration 1:5

emptycube, Happy Birthday in advance.

Wish you earn many many pips.

Woohooo It's monday, get your bags ready to fill pips
oh ps: the simple system is online at my web, those struggling in
trading can try out the no brainer trading system, regards

This post has been edited by KeroroQ: Aug 3 2015, 12:34 AM

any FTT here ?

seeking advise/idea ：
how to declare ur forex profit ?

What's FTT?

Usually from what I heard (as I have never withdrawn so much that would alert the BNM/IRD), you don't have to declare. Some said when the IRD/LHDM comes to you, you just have to show your statements of how you got the money.

Withdrawal of more than RM5k (per transaction) would alert the BNM.

But I still think you have to declare to the IRD. Would like to hear opinions from those who had experiences.

Yes, I'm FTT.
Declare? Whenever Is necessary. But I do fix declare income tax every year.

I kept my funds at Thailand & Singapore, so nobody can trace my funds. No transaction record as I'm using local depositor to withdraw cash.

Not true. Anything above RM500k within 1 year period only will trigger BNM. Below that? They don't give a damn at you. Even the 2million can go thru safely to Rosmah Affin Bank account.

They will allow the transactions. However, the financial institutions have to record or alert when a certain amount is reached.

I am giving an example from HSBC:
https://globalconnections.hsbc.com/us/en/to...-and-regulatory

"Financial institutions must identify occasional customers involved in transactions of MYR 50,000 and above, and customers involved in wire transfers of MYR 3000 or above."

"Banks are required to record the amount and purpose of all transactions above MYR 5000 in a bulk register. Transactions exceeding MYR 50,000 must be recorded on a separate form."

Although they did not mention of reporting to BNM directly but it is understood that whenever BNM does their checkings, they will looks at these recorded transactions.

As Zanmai said, it is better to keep your money overseas. Withdraw from local agents (cash). Now with 1MDB crisis and all, BNM might become stricter on transactions.

This post has been edited by carrer: Aug 3 2015, 01:59 AM

sometime we need to identify the terms they use by finance institution. theres the tricky part. theres where u can escape from it. My lawyer teach me one

zamai, you mean if withdraw more than Rm3k from broker to local bank account need to declare??

No need to declare if u don't want to do so. Most importantly is source of funds you know where it comes from.

Broker trading statement is important when it's needed.

finally usdmyr is at 3.85

Just a matter of time when we hit the 4 mark

withdrawal over RM 200,000 need declare..

I did oredi this year...

show transaction and trading records.. no issue..