QUOTE(joyceliew86 @ Sep 9 2016, 09:58 PM)
Investors Club V9, Previously known as Traders Kopitiam
Investors Club V9, Previously known as Traders Kopitiam
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Sep 9 2016, 10:03 PM
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All Stars
15,942 posts Joined: Jun 2008 |
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Sep 9 2016, 11:54 PM
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4,821 posts Joined: Mar 2009 |
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Sep 9 2016, 11:57 PM
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4,821 posts Joined: Mar 2009 |
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Sep 10 2016, 07:32 AM
Show posts by this member only | IPv6 | Post
#1784
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Senior Member
10,001 posts Joined: May 2013 |
DJIA tumbled 394 points or 2.13% overnite
Bursa gonna experience painful trading on next Tue |
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Sep 10 2016, 09:33 AM
Show posts by this member only | IPv6 | Post
#1785
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269 posts Joined: Mar 2011 |
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Sep 10 2016, 10:04 AM
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9 posts Joined: Sep 2016 |
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Sep 10 2016, 10:28 AM
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All Stars
15,942 posts Joined: Jun 2008 |
QUOTE(joyceliew86 @ Sep 10 2016, 10:04 AM) i spent much more before I made my first ever trade.there's no need to be silly and simply trade and then lose and then justify it as 'tuition fees'.... such method is suicidal.... cos many a times.... the tuition fees is not only tuition fees but a heavy lesson in life... a lesson which ultimately forces one into years and years of hard painful debts.... learn well before you trade... and instead of only learning from own mistakes.... learn from others too.... |
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Sep 10 2016, 10:28 AM
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All Stars
15,942 posts Joined: Jun 2008 |
ps: forex trading is far much more riskier financially than stocks....
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Sep 10 2016, 10:28 AM
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All Stars
15,942 posts Joined: Jun 2008 |
ps: forex trading is far much more riskier financially than stocks....
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Sep 10 2016, 12:47 PM
Show posts by this member only | IPv6 | Post
#1790
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Sep 10 2016, 12:53 PM
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17,100 posts Joined: Mar 2005 |
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Sep 10 2016, 04:56 PM
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1,602 posts Joined: Jun 2010 From: Malaysia |
QUOTE(joyceliew86 @ Sep 9 2016, 06:42 PM) Get a good broker. Personally I'm using Fxcm for 2 years already and happy. Opening account is simple, put like $50 then trade live. People say it's dangerous, it's only because u can leverage very high, so only buy small amount. Learn how to manage your leverage, you'll survive for many more trades. Stocks here only 3x leverage, in fx u can go until 1000x lol. As the cliché goes, go to babypips.com to learn basics. No need an investment banker to explain. |
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Sep 10 2016, 05:14 PM
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QUOTE(Boon3 @ Sep 9 2016, 03:48 PM) Common myths about drawing support and resistance levels: Woow~ this is gold statement ! Thanks! Myth 1: You should draw every level you can find on your charts – Many traders fall into this trap, they end up taking an hour to draw on every little level they can find. What they end up with is a really messy chart that basically does more harm than good. You need to learn to draw only the significant levels on your charts, then you’ll have a useful framework to work from. Myth 2: Your S/R (support and resistance) levels should always be drawn across the exact highs or lows of price bars – This is perhaps the biggest myth that traders have about drawing levels on their charts. Often times, support and resistance are more “zones” than exact “levels”, sometimes you will have a key level that is indeed an exact level, but more often than not we are going to be drawing our support and resistance lines midway through bar tails or even through the body of a bar sometimes. Point being, you don’t always have to draw the level exactly through the high or low of the bar. Note: if you are totally new and confused by some of the lingo here, please take some time to go over this candlestick tutorial before moving on. Myth 3: You should go back really far in time with your levels – Unless you are a long-term buy-and-hold investor right now, you don’t need to go back more than about 8 months when drawing your levels. Stolen from: http://www.learntotradethemarket.com/forex...sistance-levels stolen pictures from that link. ![]() ![]() ![]() .... some will just EFFFFFF me up left, right and center and say my post is a waste of internet space... all one needs to do is open the interactive stock chart from the trading platform and the S&R are all readily drawn nice nice for one to see. for example... ![]() and then.... some don't even use S&Rs...... cos they are a bloody waste of time... since with the market being fluid, S&Rs fluctuates and changes daily ... yea... the support and resistance lines are there to be broken.... |
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Sep 11 2016, 04:30 AM
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2,955 posts Joined: Sep 2009 |
QUOTE(Boon3 @ Sep 8 2016, 04:08 PM) And this is how and why stock forums starts to become toxic. Boon, willing to share what you have been holding recently ?A meaningless list is posted and then..... But ooooo.... If my stock is in the list.... It is a meaningful start to a wonderful discussion. Yeaaaaaahh !!!! Im pretty keen to remodify my portfolio and getting your insight is definitely helpful |
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Sep 11 2016, 10:36 AM
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All Stars
15,942 posts Joined: Jun 2008 |
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Sep 11 2016, 01:01 PM
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Sep 13 2016, 05:46 PM
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Sep 14 2016, 10:25 AM
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16,872 posts Joined: Jun 2011 |
Portfolio update - swapped Malakof with TNB
Think TNB has better capital gain potential This post has been edited by Pink Spider: Sep 14 2016, 10:28 AM |
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Sep 14 2016, 12:00 PM
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Sep 14 2016, 02:09 PM
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