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Forex version XVIII, Foreign Exchange Market Discussion
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brotan
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Jul 29 2016, 01:37 PM
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QUOTE(xoxlifestyle100 @ Jul 29 2016, 01:29 PM) Pretty sure statement should be possible. Does statement has any impact the legitimacy of this company? And what monthly return would I be looking at to even consider this or not consider this at all? You sound experienced. Above all else, I hope someone can answer me on the legality of this as it is my main concern. i am not going to describe in details but a lot of what you have described points to scam. if i were you, i wouldn't waste my time to even investigate their legitimacy but your money, your choice http://www.forexpeacearmy.com/public/revie...w.olympusfx.comfyi 0 review on this broker. seems very new. another red alert This post has been edited by brotan: Jul 29 2016, 01:45 PM
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brotan
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Aug 17 2016, 01:42 PM
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QUOTE(mc_kambeng @ Aug 17 2016, 12:02 PM) Hi guys, as new in this business, how much do u guys recommend me to start invest? 0 run demo first
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brotan
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Aug 17 2016, 02:53 PM
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QUOTE(mc_kambeng @ Aug 17 2016, 02:46 PM) consistent and profitable? if yes, i suggest you open cent acc that gives you bonus deposit USD50 will give you 5000 cent. good way to practice your skill in live trading once you are comfortable with that, you can increase your capital
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brotan
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Aug 17 2016, 03:43 PM
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QUOTE(mc_kambeng @ Aug 17 2016, 03:01 PM) Mostly after few try and error I got more +income than -, thanks for the advice. is that on live or demo?
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brotan
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Aug 17 2016, 05:43 PM
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QUOTE(mc_kambeng @ Aug 17 2016, 03:44 PM) On live..investopedia.com i am confused. your original question was asking how much to start invest and now you said you already start invest?
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brotan
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Aug 17 2016, 05:46 PM
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QUOTE(hehe86 @ Aug 17 2016, 05:14 PM) Guys, have a question. If you enter with the minimum lot, once the price reach at least 1:1 RR ratio of profit or more, would you consider to exit, moved SL to BE/1:1 TP, or hold? It seems like if i hold until it turned losses, that's a bad trade management isnt it? what do you mean by 1:1 RR ratio?
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brotan
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Aug 17 2016, 07:37 PM
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QUOTE(mc_kambeng @ Aug 17 2016, 07:33 PM) I have not started yet, using investopedia.com to do the virtual with live currency. that is demo lah
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brotan
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Aug 17 2016, 08:39 PM
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QUOTE(iotsubaru @ Aug 17 2016, 08:29 PM) Hello, may I ask what brokers do you all use ? As most of you may know, most of the "brokers" are illegal as they are not regulated by Bank Negara, and hence alot of scam eg, cant withdraw money Most of the platforms people use, it is directly trading with the broker, eg you buy means they sell to you. Your profit is their loss. So far I only know a few trustable ones in Singapore, like UOB and Philips, where you can participate in the actual market, but their margin requirements is high. Was wondering if anyone uses a trustable broker, not necessarily in Malaysia but Singaporean ones too. Thanks in advance if u don't mind low leverage (1:50), sg is good choice
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brotan
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Aug 18 2016, 11:30 AM
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QUOTE(hehe86 @ Aug 17 2016, 09:25 PM) Meaning if i risk 50pips, currently in the money more than 50 pips say, 70 pips, so what is the best way to manage the SL Yea i also think that at least move to Breakeven when that happens. Need to train on this. Ego tends to kick in "Either let me win alot or just hit my SL" 1:1 is not a good ratio unless your win rate is at least 70%
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brotan
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Aug 18 2016, 11:31 AM
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QUOTE(mc_kambeng @ Aug 17 2016, 10:26 PM) Then why u ask me live o demo? Of coz it demo, i thought u ask me do i play demo using live currency o made up currency forex official term demo - not real money live - real money
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brotan
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Aug 18 2016, 09:03 PM
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QUOTE(mruhaizad @ Aug 18 2016, 05:55 PM) what do you mean? wait for? i'm kinda blur.  wait for buy or sell signal to appear which may or may not take a long time I for 1 can't stand this so have to write my own ea and auto trade
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brotan
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Aug 19 2016, 10:24 PM
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QUOTE(hehe86 @ Aug 19 2016, 04:43 PM) Hmm ok. Normally i use H4 TF. So if wanna aim 1:2 RR, normally i risk 50 pips, hence target would be 100 pips, so that's y lo. You use shorter TF? You use naked chart or indi?
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brotan
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Aug 20 2016, 09:06 AM
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QUOTE(hehe86 @ Aug 20 2016, 01:55 AM) Naked. Some horizontal/trend lines and candlestick/price pattern lo. Few recent trades, entered, reached my 1:1, but not my 1:2, then retrace and hit my SL. So dunno how to improve on this area You can create 2 orders 1. Once you reach your tp (let's say 30 pip) and tp hit, take it 2. Once it hit like 15 pip, you can move your sl and tp higher. If it continues to move up again, change again. Don't use trailing stop. Change it manually
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brotan
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Aug 20 2016, 01:11 PM
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QUOTE(MNet @ Aug 20 2016, 12:35 PM) u can try hiroseuk.com they are regulated by UK http://www.forexpeacearmy.com/forex-review...ww.hiroseuk.com
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brotan
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Aug 20 2016, 09:00 PM
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QUOTE(hehe86 @ Aug 20 2016, 07:37 PM) So what you meant is if my tp is 30 pips, if hit half of it, have to adjust the SL already ya? yes, if i understand you correctly
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brotan
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Aug 20 2016, 09:01 PM
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QUOTE(kjlow88 @ Aug 20 2016, 08:47 PM) Hello guys, may I ask is anyone know etoro ? Are they trustable? I just registered an acc for etoro, and playing in practice section. Long way to learn. Thank in advance http://www.forexpeacearmy.com/forex-review...1/www.etoro.comcheck it yourself
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brotan
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Aug 20 2016, 10:29 PM
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QUOTE(kjlow88 @ Aug 20 2016, 09:52 PM) Omg... so many negative comments. Just now searched with 5 star rating , Nordfx is first, good ? sry I'm not know so much about forex... try it with real money and let us know
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brotan
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Aug 22 2016, 04:08 PM
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if you guys have some programming background, i strongly encourage you to learn how to create EA very helpful for fast learning and if you manage to get the right strategy, it is an automated money generating machine
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brotan
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Aug 22 2016, 09:25 PM
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QUOTE(lowya @ Aug 22 2016, 09:18 PM) wealth comes to those who can give more than receive. think about it. confused so if i profit $500 from forex (receive) and gives $600 to charity (give), so i got more wealth?
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brotan
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Aug 22 2016, 10:28 PM
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QUOTE(CallOfLegend @ Aug 22 2016, 10:10 PM) what he means is that you do good thing, God give something good to you in return. I know. I was just trolling
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