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 Forex Version 19, Foreign Exchange Market Discussion

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SUShighlowyat
post Mar 6 2017, 09:17 PM

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QUOTE(MNet @ Mar 6 2017, 08:57 PM)
Is it?
Why its based on pips and based on percentage.
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because that is their business model. it can be good or bad, depends on traders preference
some traders calculate their profits on pips, some on dollars
SUShighlowyat
post Mar 6 2017, 09:35 PM

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QUOTE(starship1 @ Mar 6 2017, 08:43 PM)
checking on the trader trade history ,IMO ,he is a trader of :-

» Click to show Spoiler - click again to hide... «

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Good observation thou. For TLDR people, i can summarize it on 1) no stop loss 2) take small profits of 5-15 pips
Anyone can present to me a trader with more than 2 years account, that use tight stop-loss and still much profitable. I appreciate that.

The problem with forex online trading, wannabe traders join into forum and get taught how to lose.
This happen all the time.



SUShighlowyat
post Mar 6 2017, 10:10 PM

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QUOTE(starship1 @ Mar 6 2017, 09:52 PM)
it is still some wins while waiting for the real test to come.all good traders have their own methods of winning.some wins are big some wins last longer
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it has been tested for 2 years. during the Brexit, during the Trump election
what we see in zulutrade is just 1% of it
SUShighlowyat
post Mar 6 2017, 11:21 PM

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QUOTE(starship1 @ Mar 6 2017, 11:00 PM)
» Click to show Spoiler - click again to hide... «

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you use "stop-loss" when you loss.

the method is reverse from what normal traders doing and being taught is forex forum, since they always get taught how to lose.
have you heard of "stop-win" to prevent the winning trades become losing trades?

every forex forums i visit.. all of them talking about stop loss. When so much discussion on how to stop the loss, its better to stop trading at all
SUShighlowyat
post Mar 6 2017, 11:31 PM

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QUOTE(AllnGap @ Mar 6 2017, 11:07 PM)
zulutrade pays the trader through commission system. 0.5pip per trade.
so they will whack as many times as possibles, the more times it is, the more commission.
so the system which encourages frequent trades
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what there is a bad blood between you and Leon Yohai?
SUShighlowyat
post Mar 6 2017, 11:51 PM

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QUOTE(AllnGap @ Mar 6 2017, 11:36 PM)
i'm just stating the commission system and how the the trader will juice the system.
are u taking offense at my statement ??
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im abit lost with you since im explain to you multple times regarding the commisions
its either you still dont get it or u get it but you simply bashing it

ive been studying business model of social trading not just zulutrade, but MQL5, etoro, myfxbook
so i check my facts before im posting

there is so much to gain in social trading, you guys keep looking on things that u think is negative, and ignore the opportunities

i put this commission stuffs on a rest with Jack Ma. coz i start doing my things with Jack Ma below quote:

user posted image








SUShighlowyat
post Mar 7 2017, 12:06 AM

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QUOTE(starship1 @ Mar 6 2017, 11:52 PM)
my trading belief is that stop loss in any manner is a form of pre-defining my risk control and management.before i enter any trades ,i want to and need to know where are my losses and profits.it is a necessity

if i dont know where my stop losses and profits are ,most likely i will not take a position

all said, if you have the confident in what you are doing and know what you are doing ,meaning to say ,the risk involved,keep going as afterall ,you have in some way prove you are some kind of a winner
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im gonna put it this way:

there is a soft side in support and resistance level that called SnR zone. prices bouncing up to 10-30 pips in that zone
in that zone, there is an existence of wave.. you can apply Elliot Wave or Fibo inside the zone
at some point i open more than 3 positions in that zone. there is 3 waves in Elliot and many levels in Fibo
it will explain the scalping and enter many positions (not to earn as much commission yeah)

the stop loss is where? when support become a resistance, and resistance become support. when the price is not longer at your side
SUShighlowyat
post Mar 7 2017, 12:40 AM

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QUOTE(AllnGap @ Mar 7 2017, 12:04 AM)
http://www.trade2win.com/boards/first-step...-providers.html

taken here (and please, i'm not the other guy, but this has always been my observation about blowing up eventually)

» Click to show Spoiler - click again to hide... «
All those highlighted has been solved by this guy - https://www.zulutrade.com/trader/246268

1) 2.5 years of trading (definitely more than that outside zulu)
2) trade 2 times per week
3) 17% drawdown (that was on early stage Nov 2014)

he has the highest money following with 2.6million because he solved other peoples' complaint like 1) 2) and 3) that you highlighted

see the opportunity there?

user posted image

This post has been edited by highlowyat: Mar 7 2017, 12:43 AM
SUShighlowyat
post Mar 7 2017, 12:33 PM

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QUOTE(AllnGap @ Mar 7 2017, 07:13 AM)
lazy to argue over this......the more i dig out, the more damage gonna be done on your ego because you're relying on this thing
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this start with constructive discussion. but if you see this as argument so be it. what I want to say in the beginning, there is a beauty in social trading and alot of potential an gain from it. if you don't see it that way, so be it and continue on what u do best
SUShighlowyat
post Mar 7 2017, 12:36 PM

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QUOTE(starship1 @ Mar 7 2017, 10:30 AM)
your comments above get me confused.

1) many beginners or even intermediate level traders likes to learn trading at forums.there are too many nuts in the forums and if one believe the words or follow the systems of the wrong fella and there are many of those ,he find himself in troubles within himself .many will get deluded

2) have you heard of "stop-win" to prevent the winning trades become losing trades?
    i will be interested to hear more on this

3) many many traders all over the world have misconception and is confuse on how to use stop-loss

4) all professional traders and even the best one uses stop loss ,hard or mental , one way or the other.

5) let me put it simple, a stop loss is a must for most traders as it is a way to limit your losses in case you got it wrong and a  trader must not dig deeper and deeper or even hold on without restraints onto one or two trade entries mistakes.but there are some highly talented and experience retail traders who think that stop loss is a hindrance and actually did well in their trades without a stop loss but there are far too few and the risks are unnecessary and can be high.
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If you have success with having tight stop loss, well good for u.
Read my last reply I already clarify how and when to use stop loss effectively
SUShighlowyat
post Mar 8 2017, 12:53 AM

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strong support at this level

user posted image
SUShighlowyat
post Apr 1 2017, 03:14 PM

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QUOTE(Buriburi San @ Mar 30 2017, 04:33 PM)
Hi all, after a while I found that XM do FREEZE their MT4 platform a LOT!

Orders often cant be filled during high volatility or huge clear price movement in 1 direction but strangely orders via android MT4 apps can be filled with no problem at all during same period.

Anybody can confirm?  hmm.gif
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i withdraw all my money in XM this week because of this issue
some forumer here is right, just apply for ECN to get things smooth but with some fees
i have STP account with another broker.. which is good no freeze whatsoever
SUShighlowyat
post Apr 1 2017, 03:18 PM

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QUOTE(OKLY @ Mar 29 2017, 11:57 PM)
With the new ruling from BNM that requires submission of supporting document before the fund is made available to use, anyone attempted to withdraw from forex account back to own local bank account?
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Please conside other options like e-currency - neteller, moneybooker
you can sell it to e-currency exchanger in forex forums like CGdotcom
SUShighlowyat
post Apr 1 2017, 03:29 PM

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QUOTE(jack2 @ Apr 1 2017, 03:22 PM)
I have a lot ecurrency on hand....hehe
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donate to me biggrin.gif
SUShighlowyat
post Apr 1 2017, 03:42 PM

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QUOTE(jack2 @ Apr 1 2017, 03:39 PM)
Only for sales....huhu
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Please sell it before i hack your rich account biggrin.gif
SUShighlowyat
post Apr 1 2017, 06:40 PM

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QUOTE(artadi @ Apr 1 2017, 04:24 PM)
anyone care to share your forecast on monday.
will EUR continue to fall against USD or will it bounce back.
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user posted image
SUShighlowyat
post Apr 1 2017, 10:30 PM

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QUOTE(Alissa_1989 @ Apr 1 2017, 07:55 PM)
Instead of selling e-currency to personal, do we have any other option to convert e-currency to RM ?
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NETELLER Net+ Prepaid MasterCard the best option you can get
Wire Transfer - but this is not local bank transfer
SUShighlowyat
post Apr 1 2017, 10:44 PM

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QUOTE(artadi @ Apr 1 2017, 09:33 PM)
damn...so there's a big big chance EUR will still fall.
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my advice to you for the next 4 years, dont bet against Donald Trump
he is a winner. this guy never lose
SUShighlowyat
post Apr 3 2017, 10:59 PM

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QUOTE(artadi @ Apr 1 2017, 09:33 PM)
damn...so there's a big big chance EUR will still fall.
*
today its turun again
SUShighlowyat
post Apr 3 2017, 11:03 PM

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QUOTE(azhan82 @ Apr 3 2017, 04:31 PM)
those still need card to process it...
FxPRo is UK and Cyprus Base...
So, Transfer from here, got bank charge, transfer arrive, bank charge 1 more time.
CC got neither charge... Only regular interest...
of course, to everyone their own...
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Neteller dont need card, just buy from e-currency exchanger

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