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 Forex Version XVI, Foreign Exchange Market Discussion

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jay_y
post Jun 30 2015, 03:58 PM

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QUOTE(Zanmai0146 @ Jun 30 2015, 03:53 PM)
Nothing to argue. Nobody can define pro. As long he/she making good money. We all are traders.
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Agreed. In fact, there is no method that can allow for 100% profit without any losses. What we do care is the overall profit margin (talking about a month). If it gives you consistent profit, then you should stick to it.

Also agreed that Robot trading is not being helpful in terms of learning as a trader.
jay_y
post Jun 30 2015, 05:16 PM

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QUOTE(jrmsong @ Jun 30 2015, 05:13 PM)
all sifus, do you have a dedicated threads just to talk about ur trading style and strategy? would really like to learn the thought process when u opening trades, holding trades, and closing trades...
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For this forum? I doubt so....
I would suggest people to back-test their strategy so that they can learn from it.

Talking about strategy here is like feeding beggars with free lunch.
However in reality, no free lunch in this world.
jay_y
post Jul 1 2015, 09:15 AM

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QUOTE(Zanmai0146 @ Jun 30 2015, 09:32 PM)
1. I started trade bursa since I'm 16yo then slowly divert to forex
2. Been trying forex for demo OFF & ON and burst demo plenty of times but still never give up
3. Until enter real trading, first month burst total of RM24000. From here I start learn how to trade. Is RM24k not 2.4k(Money from savings. I'm not rich family boy)
4. Frust and stress all the time during trading. Slowly learn, watch YouTube and discuss with trade buddy every time possible
5. Found out my own trading method and techniques and start making back everything I had lost
6. Giving guide to all and most of them are very successful now
7. What skill I'm using? Plainly from my bursting experience and some add-on from the field.
8. Now trading for luxury(Eg, better quality rice, better food and drinks, more holidays) not aiming anything as money already divert to many places and return is good to cover everything
9. I don't fancy supercars only drive a small car since now. No much commitment as all focus on family.
10. Discipline and not being greedy is my key point of successful trading
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Hi Zanmai,

I went through exact the same scenario from Point 2 to Point 8 as you (which i believe, all traders should face). I burst multiple accounts about 3 to 4 times in the total amount of approximate RM 8000. Since then, losing trades make me a better trader.

For now, consistent profits also allow me to strategize my profit earnings. I have started some fund management (by giving customer fixed 5% profit of their initial investment every month).

So far, the profits gave me to your scenario (Point 7). Trading is actually part of my passive income along with properties. I have been able to keep my salary (active income: Da Gong Zai's pay) untouched and park at Singapore bank,Maybank.

For Point 10, AGREED. DISCLIPINE !
jay_y
post Jul 1 2015, 11:35 AM

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QUOTE(jack2 @ Jul 1 2015, 11:33 AM)
haha... I think you are too over. $5000 per month without showing me any proven records but only want to show me when meet but charge me $100 per hour....

Think of it.
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Hi Jack, lets stop the blaming game. Its better for you to work out your own strategy and gain profit from it.

If i were Zanmai, i would not spoon-feeding a baby or feeding beggars with free lunch.
jay_y
post Jul 6 2015, 01:58 PM

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QUOTE(Zanmai0146 @ Jul 6 2015, 05:57 AM)
Nice.. Waiting gold now.. Hopefully shoot up to 1200
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Hi Zanmai,

You think gold can shoot all the way up to 1200 ? Hard to prove it through technical wise.

In terms of fundamental point of view, what do you think on side effects to GOLD due to Greece crisis?

Cheers


jay_y
post Jul 10 2015, 09:08 AM

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QUOTE(barbar554 @ Jul 9 2015, 06:55 PM)
got whatsapp group already won't tok kok here lor tongue.gif
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here talk kok... whole malaysia can see ma...

talk kok in whatsapp more privacy
jay_y
post Jul 10 2015, 10:53 AM

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QUOTE(poks @ Jul 10 2015, 10:11 AM)
You closing your gold short? I'm just planning to short... hehehe
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I'm also planning to short also..
But not now smile.gif

smile.gif smile.gif smile.gif smile.gif smile.gif
jay_y
post Jul 10 2015, 02:40 PM

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QUOTE(Zanmai0146 @ Jul 10 2015, 01:37 PM)
Planing to short EU until Monday.. Wonder how will it become
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waa.. u plan to hold it throughout the weekend.?

Advise not to.
jay_y
post Jul 13 2015, 09:15 AM

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QUOTE(andrewcha @ Jul 13 2015, 07:44 AM)
the slippage almost gimme a SL.
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lol.. That's why normally I don't leave open trades during weekends tongue.gif
jay_y
post Jul 13 2015, 01:26 PM

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QUOTE(Manz2912 @ Jul 13 2015, 01:05 PM)
Hi all, I'm new here. Some of my friend intro me to join forex trading. But they have no team of anything. Just ask me register to this: http://www.wealthcentralenterprise.com . Can I ask all sifu here. Is this forex? I just worried if I join then very hard cash out in the future.
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looks abit like scam to me....

Created by a team of your friends?
jay_y
post Jul 13 2015, 02:51 PM

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QUOTE(lim_kobe2005 @ Jul 13 2015, 02:48 PM)
I just play forex for the past 1 week. Still very fresh now. I'm trading on markets.com. hope can make more money!!
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Good luck to you! I assumed that you have done some practice in DEMO account...

jay_y
post Jul 15 2015, 01:42 PM

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QUOTE(Zanmai0146 @ Jul 15 2015, 01:11 PM)
But becareful with the fake SnR signal.. sometime it activate your position but hit SL and shoot back to your TP laugh.gif
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Yeap.. There is another S/R blocking at 1153. We will see how the price go beyond that..
jay_y
post Jul 22 2015, 04:10 PM

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QUOTE(andrewcha @ Jul 22 2015, 10:34 AM)
Aiya please la no takao la. Share infos and stuff la. I think better help that guy who'd lost 20k la. Or help me to trade better also can. LOL.

Seems like my indicator already can feel tak boleh pakai. May I know which indicator you guys usually use? I use EMA atm
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Banyak indicator wor.... which one you want? LOL rclxm9.gif rclxm9.gif

You just use EMA only?

This post has been edited by jay_y: Jul 22 2015, 04:11 PM

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