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Forex version XVII, Foreign Exchange Market Discussion
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brotan
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Apr 16 2016, 08:25 AM
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QUOTE(Kimmiey @ Apr 16 2016, 07:46 AM) that's my own secret lah my main point is, get some strategy that suits you in general, use it heavily and you most likely will see area for improvement, tweak it and you will be rewarded This post has been edited by brotan: Apr 16 2016, 08:55 AM
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cmk96
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Apr 16 2016, 08:46 AM
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still no new tread yet?
Kevler sudah hilang mana...
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normeck
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Apr 16 2016, 10:27 AM
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QUOTE(Kimmiey @ Apr 16 2016, 07:46 AM) agree on what brotan said... you cannot get the same results if your strategy base on MA compare with people scalping...
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brotan
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Apr 16 2016, 10:38 AM
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QUOTE(normeck @ Apr 16 2016, 10:27 AM) agree on what brotan said... you cannot get the same results if your strategy base on MA compare with people scalping... Agree Different ppl are comfortable with different trading style Like me I like to scalp 5m tf multiple pair. Some ppl like it, some ppl hate it. For those who hate it, no matter what u can't convince them otherwise Or like swing trading with naked chart. I for 1 can't bear to do that although they can make nice pips. So it is a no go for me
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Macau
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Apr 16 2016, 03:03 PM
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Getting Started

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QUOTE(hehe86 @ Apr 14 2016, 06:02 PM) I need to break the 2% rule only if i trade cross pair like GJ/EJ etc. Hmm... still even if my system is 80% right, i will never know when i will hit the 20% with 5% risk... Thanks for your help! I guess my safest bet is to increase my capital then.... I'm very "kiasi", I just risk 0.6% for those 20% bad times. My goal is also very simple -- the gain per week is higher than the drawdown. So, my profit is small but more importantly the loss also very small.
This post has been edited by Macau: Apr 16 2016, 03:05 PM
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Macau
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Apr 16 2016, 03:22 PM
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Getting Started

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QUOTE(shenshenshen @ Apr 15 2016, 01:56 PM) interested to join FX trade. but not sure which broker to go for and trsutworthy. any recommendations? I'm using a Singapore broker. Pro: 1) Safety of fund. 2) Licensed and regulated by MAS 3) Reasonable tight spreads - average spread for EU is 1.6 pips 4) 100% STP, no interfere of trades Con: 1) Account opening procedures quite tedious due to their "kiasi" compliance department. 2) Min funding is 1000.
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brotan
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Apr 16 2016, 04:09 PM
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QUOTE(Macau @ Apr 16 2016, 03:22 PM) I'm using a Singapore broker. Pro: 1) Safety of fund. 2) Licensed and regulated by MAS 3) Reasonable tight spreads - average spread for EU is 1.6 pips 4) 100% STP, no interfere of trades Con: 1) Account opening procedures quite tedious due to their "kiasi" compliance department. 2) Min funding is 1000. What's the broker name?
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2fashioneyewear
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Apr 16 2016, 05:33 PM
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New Member
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QUOTE(demolationz @ Apr 13 2016, 12:57 AM) AFAIK, wait until the amount to reset become zero.  Are you in correct one?
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2fashioneyewear
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Apr 16 2016, 05:35 PM
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New Member
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QUOTE(Macau @ Apr 16 2016, 03:03 PM) I'm very "kiasi", I just risk 0.6% for those 20% bad times. My goal is also very simple -- the gain per week is higher than the drawdown. So, my profit is small but more importantly the loss also very small.
Seems nice, which time frame to trade?
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demolationz
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Apr 16 2016, 05:37 PM
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QUOTE(2fashioneyewear @ Apr 16 2016, 05:33 PM) Are you in correct one?  If the capital is $30 inside the account itself. It will be auto-close because of MC. And account will be reset back to $0. You don't owe to the broker. This post has been edited by demolationz: Apr 16 2016, 05:37 PM
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2fashioneyewear
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Apr 16 2016, 05:43 PM
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New Member
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QUOTE(demolationz @ Apr 16 2016, 05:37 PM) If the capital is $30 inside the account itself. It will be auto-close because of MC. And account will be reset back to $0. You don't owe to the broker. Wrong tag ;ah bro
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brotan
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Apr 16 2016, 06:40 PM
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QUOTE(Macau @ Apr 16 2016, 03:22 PM) I'm using a Singapore broker. Pro: 1) Safety of fund. 2) Licensed and regulated by MAS 3) Reasonable tight spreads - average spread for EU is 1.6 pips 4) 100% STP, no interfere of trades Con: 1) Account opening procedures quite tedious due to their "kiasi" compliance department. 2) Min funding is 1000. Which broker bro?
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Kimmiey
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Apr 16 2016, 07:35 PM
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Getting Started

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QUOTE(brotan @ Apr 16 2016, 08:25 AM) that's my own secret lah my main point is, get some strategy that suits you in general, use it heavily and you most likely will see area for improvement, tweak it and you will be rewarded I just know about forex this year, you're right, i think i need my own strategy cant copy or follow other ppl strategy. Don't even know it will suit me or not. For time being im trade using naked chart and basic SNR. Quite tough but in learnibg process. Some friend prefer me to join their secret group but need to pay la  Btw im still trade using demo acc and bonus acc.
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Kimmiey
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Apr 16 2016, 07:37 PM
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Getting Started

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QUOTE(demolationz @ Apr 16 2016, 05:37 PM) If the capital is $30 inside the account itself. It will be auto-close because of MC. And account will be reset back to $0. You don't owe to the broker. Yes, already check it. My acc already reset back to $0.
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demolationz
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Apr 16 2016, 08:15 PM
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QUOTE(Kimmiey @ Apr 16 2016, 07:35 PM) I just know about forex this year, you're right, i think i need my own strategy cant copy or follow other ppl strategy. Don't even know it will suit me or not. For time being im trade using naked chart and basic SNR. Quite tough but in learnibg process. Some friend prefer me to join their secret group but need to pay la  Btw im still trade using demo acc and bonus acc. Ofcourse need to pay. Everyone need something in return. Don't you think ? Where is your location bro ?
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Kimmiey
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Apr 16 2016, 09:04 PM
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Getting Started

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QUOTE(demolationz @ Apr 16 2016, 08:15 PM) Ofcourse need to pay. Everyone need something in return. Don't you think ? Where is your location bro ? Im from swk.
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fairyboy
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Apr 16 2016, 10:36 PM
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New Member
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Erm, got 1 question asked from my fren and i can't answer him about the forex profit. Hear that Forex is illegal in Malaysia, but still got quite a lot of ppl go for Forex. Here is my question, how you guys report your Forex profit in your Income Tax?? This post has been edited by fairyboy: Apr 16 2016, 10:36 PM
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brotan
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Apr 16 2016, 10:47 PM
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QUOTE(fairyboy @ Apr 16 2016, 10:36 PM) Erm, got 1 question asked from my fren and i can't answer him about the forex profit. Hear that Forex is illegal in Malaysia, but still got quite a lot of ppl go for Forex. Here is my question, how you guys report your Forex profit in your Income Tax?? :confused: :confused: Illegal to trade in malaysia only
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KeithYen
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Apr 16 2016, 11:04 PM
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New Member
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QUOTE(Kimmiey @ Apr 16 2016, 07:35 PM) I just know about forex this year, you're right, i think i need my own strategy cant copy or follow other ppl strategy. Don't even know it will suit me or not. For time being im trade using naked chart and basic SNR. Quite tough but in learnibg process. Some friend prefer me to join their secret group but need to pay la  Btw im still trade using demo acc and bonus acc. How you get bonus account bro?
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demolationz
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Apr 16 2016, 11:06 PM
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QUOTE(Kimmiey @ Apr 16 2016, 09:04 PM) Too bad. I like to meet new people.
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