QUOTE(carrer @ Oct 9 2015, 07:45 PM)
Forex version XVII, Foreign Exchange Market Discussion
Forex version XVII, Foreign Exchange Market Discussion
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Oct 9 2015, 08:36 PM
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418 posts Joined: Jan 2015 |
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Oct 9 2015, 11:07 PM
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1,299 posts Joined: Nov 2010 |
QUOTE(bemyvalentine @ Oct 9 2015, 02:01 AM) Hi all. Instead of trading myself, is there a way to generate passive income through forex? My friend told me that there is. Minimum amount 1k usd. Monthly dividends of 12-20%. It sounds too good to be true thus the hesitation. Got.. but not so high.... can he gurantee capital? |
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Oct 10 2015, 06:18 AM
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6 posts Joined: Feb 2015 |
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Oct 10 2015, 06:20 AM
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6 posts Joined: Feb 2015 |
QUOTE(carrer @ Oct 9 2015, 07:41 PM) Do you have his equity curve from the statement? Could you post it here so that I could see if he is using a martingale strategy or not, etc. No I don't have. His record is about 8-10 months. Still the same question though, how can I prove if he's legit?How long is his track record? |
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Oct 10 2015, 07:56 AM
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453 posts Joined: May 2015 |
QUOTE(bemyvalentine @ Oct 10 2015, 06:20 AM) No I don't have. His record is about 8-10 months. Still the same question though, how can I prove if he's legit? 8-10 months is quite good. But again, without any statement I cannot judge because 12-20% a month is possible. You have to talk to him, tell him that you are interested but would like to have the statement or investor's account for analysis. That's is the only way to tell if he is real or not. |
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Oct 10 2015, 09:02 AM
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200 posts Joined: Feb 2009 |
QUOTE(carrer @ Oct 9 2015, 07:33 PM) I have an account with ICMarket. They are good. Have u try withdraw by credit card? I'm using maybank cc. I wonder how to take out the money. If my cc debt is 2k... my broker bank in 5k... so my nett balance is 3k?I have read that Pepperstone is better, lower spreads. |
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Oct 10 2015, 09:45 AM
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All Stars
15,192 posts Joined: Oct 2004 |
I got plenty of perfectmoney to sell. If anyone is interested,, can PM me
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Oct 10 2015, 10:05 AM
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747 posts Joined: Aug 2010 From: KL |
QUOTE(bemyvalentine @ Oct 10 2015, 06:18 AM) He can guarantee that I can get 12-20% of my capital every month. And I can withdraw everything (capital + earnings) out anytime (in accordance to processing day(s) of course) Banks gurantee you 3% per year, this guy promises you 12-20% per month?For me when someone "gurantees" something most probably becareful, but 12-20% ok lahh, normal, easy thing to do is, ask for 1) his investor's password (if he dunno what it is or say means red flag) 2) his statement or myfxbook (if he can't give you means red flag) 3) is he consistent on his gains? how big are his drawdowns (drawdown more than >20% = red flag) If he wants to provide a service, this are the main things you should ask for, otherwise it is anyone's right to keep it private |
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Oct 10 2015, 10:43 AM
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164 posts Joined: Dec 2012 |
what difference between fxcm and fxcm uk?
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Oct 10 2015, 11:33 AM
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1,567 posts Joined: Nov 2005 From: Ppg, Sbh. |
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Oct 10 2015, 09:43 PM
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453 posts Joined: May 2015 |
QUOTE(rachel9966 @ Oct 10 2015, 09:02 AM) Have u try withdraw by credit card? I'm using maybank cc. I wonder how to take out the money. If my cc debt is 2k... my broker bank in 5k... so my nett balance is 3k? Yes, I always withdraw through my cc. Yes, your balance will become 3k, it is just like a normal savings account. To withdraw, you can choose "Advance Cash" from the ATM machine. |
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Oct 11 2015, 06:26 PM
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Junior Member
210 posts Joined: Aug 2013 From: Kuala Lumpurr |
QUOTE(bemyvalentine @ Oct 9 2015, 02:01 AM) Hi all. Instead of trading myself, is there a way to generate passive income through forex? My friend told me that there is. Minimum amount 1k usd. Monthly dividends of 12-20%. It sounds too good to be true thus the hesitation. you can generate passive income through fxcopy system (fxcoliseum as example). There you can autocopy from any good trader and get as high as 100% profit per month, or maybe more. Or you can put your trading account there and let people copying your trade. Thats mean you get more passive income.Minimum amount can go as low as 100usd because you can change %lot multiplier. |
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Oct 11 2015, 07:39 PM
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Senior Member
1,299 posts Joined: Nov 2010 |
QUOTE(carrer @ Oct 10 2015, 09:43 PM) Yes, I always withdraw through my cc. Yes, your balance will become 3k, it is just like a normal savings account. To withdraw, you can choose "Advance Cash" from the ATM machine. |
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Oct 11 2015, 07:41 PM
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Senior Member
1,299 posts Joined: Nov 2010 |
QUOTE(rachel9966 @ Oct 10 2015, 09:02 AM) Have u try withdraw by credit card? I'm using maybank cc. I wonder how to take out the money. If my cc debt is 2k... my broker bank in 5k... so my nett balance is 3k? rachel.. u can use wire transfer money from your broker to your local bank if u need money. 2k to your cc rest to local saving acct. |
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Oct 11 2015, 08:09 PM
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453 posts Joined: May 2015 |
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Oct 12 2015, 04:40 AM
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1,299 posts Joined: Nov 2010 |
As FTT.... is it too much that uwent for 4 holidays in 2 months?
3 in malaysia n 1 oversea? |
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Oct 12 2015, 11:12 AM
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200 posts Joined: Feb 2009 |
QUOTE(9kingsir @ Oct 11 2015, 07:41 PM) rachel.. u can use wire transfer money from your broker to your local bank if u need money. 2k to your cc rest to local saving acct. My objective was to find the fastest route of withdrawal... that's y i'm exploring my options.... TT, Skrill or credit card... all seems take the similar amount of time to arrive malaysia bank account... 4-5days of waiting... cash advance will be charged 5% by maybank... |
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Oct 12 2015, 11:28 AM
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975 posts Joined: Jan 2009 |
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Oct 12 2015, 01:42 PM
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1,299 posts Joined: Nov 2010 |
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Oct 12 2015, 02:02 PM
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975 posts Joined: Jan 2009 |
QUOTE(9kingsir @ Oct 12 2015, 01:42 PM) mana tau later swipe another 12k thn fx dont have that amount to windraw haha.... no more free lunch BTW i am using this method also haha This post has been edited by 13aby: Oct 12 2015, 02:03 PM |
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