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 Forex version XVII, Foreign Exchange Market Discussion

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holocauster
post Jan 3 2016, 06:27 PM

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Hi all, noob here. Do I need to provide utility bill for registering with brokers? Bcoz I'm still living with my parents. How can I tackle this?

EDIT - Clarity

This post has been edited by holocauster: Jan 3 2016, 06:27 PM
holocauster
post Jan 4 2016, 05:34 AM

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QUOTE(carrer @ Jan 3 2016, 06:39 PM)
Depends on the brokers. Mostly no.

Usually they will request for bank statements, IC/Passport, driving license.
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holocauster
post Jan 6 2016, 05:43 PM

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QUOTE(hazard_puppet @ Jan 6 2016, 05:18 PM)
sure most broker minimum deposit around 5-10usd, start from minimum amount to try it
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Those amount is enough to trade Micro? Or need to up the leverage? Sorry still studying.
holocauster
post Jan 7 2016, 06:01 AM

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QUOTE(phat_mcjack @ Jan 6 2016, 07:31 PM)
i like  thumbup.gif  biggrin.gif
for sure need higher leverage. the minimum contract for micro acc is 1k (most brokers). so lets say Mr.X deposit $100 then Mr.X will need at least a broker that allows leverage of 1:10, which will then allow Mr.X to open 1 position in the market. But do make sure the margin requirement because using max leverage can easily cause margin call if the trade goes against you.  icon_rolleyes.gif
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Margin call is not the same as stop out?
holocauster
post Feb 2 2016, 04:08 AM

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"no matter what leverage you're using, as long as you have the proper risk/money management you can stay in the game longer as you can imagine"

Right? Wrong? Both?
holocauster
post Mar 28 2016, 04:43 AM

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QUOTE(demolationz @ Mar 20 2016, 06:11 PM)
I think it would be a smart move If you withdraw to Neteller account and cashout using Neteller card. Rather than direct bank. thumbsup.gif
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Cashout to Neteller card, then deposit back to bank using ATM deposit machine, u mean? If yes, BNM / LHDN can't detect?

Or just don't bother with our bank accounts? Let the money sit in Neteller? And if need money just whip out the Neteller card? confused.gif
holocauster
post Apr 7 2016, 06:49 AM

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Hello traders.

When red/orange news is coming, is it better to avoid all trades or avoid just the currency involved?
holocauster
post Apr 7 2016, 09:09 AM

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QUOTE(OmiCatFace @ Apr 7 2016, 08:48 AM)
It really depends... some will avoid just the currency involved... for example, if u see red/orange news for GBP, u should avoid GBP pair... AUDUSD should b safe to trade.

But some ppl will also avoid trades on that day if there is a lot of red/orange news coming on da same day. why? read this...

http://www.babypips.com/school/high-school...the-majors.html

some currency crosses is inter-related and might affect the other currency up/down. u just need to b very careful and analyse them properly before u decide to buy/sell...

im just a newbie who is still learining... hope this will help  innocent.gif  smile.gif
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