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 Forex Version 19, Foreign Exchange Market Discussion

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SUShighlowyat
post Apr 3 2017, 11:12 PM

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Joined: Aug 2011
From: Fairtex Bangplee


QUOTE(Goodboy92 @ Apr 3 2017, 08:48 PM)
Can i know what is nett fund?

If i were to use Netteller/Skrill , i need to transfer fund to them before going to fxpro

So , i just direct transfer from Maybank using normal WireTransfer?

or need others process? Since it was a conversion of MYR(maybank) to USD(netteller/skrill)

Or i need to open an foreign currency account on Maybank then transfer that USD(maybank) to USD(netteller/skrill)?
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QUOTE(Goodboy92 @ Apr 3 2017, 08:50 PM)
Does Skrill / Neteller has charges???
I dont mind transaction fees

but those member fees , min. deposit amount , account activation fees ,managing fees?

I would just want to transfer all the amount to fxpro without left on netteller/skrill
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1. Open Neteller account
2. Transfer *RM450 from Maybank2u to Neteller currency exchanger's Maybank2u (find them in CGdotcom)
3. Neteller currency exchanger transfer *USD100 to your Neteller account
4. Deposit your forex account via Neteller (instant deposit)

*depends on how much you want to deposit and how much Neteller exhanger's buy/sell rate

I bet you still new in e-currency. Go slow and learn
SUShighlowyat
post Apr 4 2017, 11:44 PM

On my way
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Senior Member
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Joined: Aug 2011
From: Fairtex Bangplee


QUOTE(jack2 @ Apr 4 2017, 04:48 PM)
Better dont guide. Later meet scammer and you get blamed.
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QUOTE(Goodboy92 @ Apr 4 2017, 11:02 PM)
doh.gif thanks

would they scammer? but i saw the rate different were not much as compare to bank??

Can i know how much diff would be for every 1000usd?

when Maybank for saving account , need gaji slip -.-
*
im buying and selling from many e-currency exchanger for many years.. never have problem
masuk M2U account 10 minit
SUShighlowyat
post Apr 6 2017, 04:56 AM

On my way
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Joined: Aug 2011
From: Fairtex Bangplee


QUOTE(lyrilmaki @ Apr 6 2017, 12:23 AM)
Are you on a constant profiting now?
I have thought of not giving up.. physical process is hard.
Blowing account was able to learn the mistakes I made.

Aih.. but it's just hard tho
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its hard because you learn it from forum like forexfactory, babypips many more
trust me its not hard to make income from forex
join social trading platform, learn why most of them lose.. some of them won
SUShighlowyat
post Apr 6 2017, 04:58 AM

On my way
****
Senior Member
685 posts

Joined: Aug 2011
From: Fairtex Bangplee


QUOTE(Goodboy92 @ Apr 5 2017, 11:21 PM)
What if the amount go big?

Should we still use Net exchanger?
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i think you are new you should start from USD100
at the same time, learn how things work
SUShighlowyat
post Apr 6 2017, 01:13 PM

On my way
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Senior Member
685 posts

Joined: Aug 2011
From: Fairtex Bangplee


QUOTE(holocauster @ Apr 6 2017, 08:55 AM)
Seems like you got beef with those places, keep dissing every now and then. You know not every system is just MA crossover right?

And always mention social trading platform lol.

I learn from those two website a lot especially FF (for basics, babypips's school), sure there's a lot of rehashed or dead systems, but there's good and bad in everything. My 2 cents, just because you can't make it work, doesn't mean other people can't too.

I can't follow the famous BBMA, does that mean it's shite? No. A lot of people including my cousin is quite profitable using the system. It's just that I can't make it work.
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It's different kind of trading I want to tell here, where u can learn from social trading platform. When u found that out, forex is so easy.

It's not about me, you, your cousin or your neighbours, no need name calling. Those indicators still can help with a little success, it won't bring you anywhere, better put your money in unit trust

This is 2017, how many 95% turn into 5% with technical and fundamental?. Let's try something new
SUShighlowyat
post Apr 6 2017, 07:10 PM

On my way
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From: Fairtex Bangplee


QUOTE(holocauster @ Apr 6 2017, 05:39 PM)
I already figured that trading is easy without your beloved social trading platform though. And those indis serve me well, tqvm. So quick to judge other's skill I see.

I thought it's all about making profit, but apparently we're competing which method is the best, which one is new etc.

Agree to disagree then. And I think I'm gonna start having a headache for real if you mention social trading platform again.  rclxub.gif

This had been fun. GG
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If it's working well for you, good for u. Keep doing what u do
Im gonna keep on mention social trading, please have your paracetamol ready
SUShighlowyat
post Apr 7 2017, 12:46 PM

On my way
****
Senior Member
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Joined: Aug 2011
From: Fairtex Bangplee


QUOTE(Buriburi San @ Apr 7 2017, 09:42 AM)
Imo if you choose to risk 3% of your account for every trade then your SL should be max 30pips for 10 cent/lot.
But if the market demand you to place 60 pips SL then you need to change ur lot to 5 cent/lot.
You only need to adjust your lot value to to compliment your SL value & still stay within you risk/trade value.
Oh, I'm also noob so this might be not correct  tongue.gif
*
Stop loss should be dynamic not fixed
That's what I mean newbie join forum and get taught how to lose

SUShighlowyat
post Apr 7 2017, 06:13 PM

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From: Fairtex Bangplee


QUOTE(Buriburi San @ Apr 7 2017, 03:49 PM)
This might be true but sadly, most people are not fulltime trader and cant babysit their trade for the whole day sad.gif
Curious how you make it without SL, did you let the red float until it turn blue or do u cut ur loses quickly and move on to the next trade?  hmm.gif
*
Take your profit and let your losses run

Build up your position. Set how much TP you want let say 15pips, bank in the profits, don't set fixed SL and let your losses run

Here is that catch, how much drawdown you can tolerate? 20% or 30% or 50%. Take 30%. If your drawdown more than 30%, start cut losing positions. Let say u have 3 buy eurusd all floating loss, cut 1 position.

Keep on building your positions and keep on managing your drawdown. If losses become profit 15 pips, bank it

In order to do this, don't undercapitalised and overtrading
Some newbies want to turn $100 into $1000 in 1 month

Build up your positions, I suggest not more than 10 positions at once, take profit 15-20 pips. Let your loss run, some will turn to profit some will turn bad. Start cutting your losing positions after drawdown more than 30%

Did I mentioned any indicators? Coz u don't need one. This is purely money management. The indicator is your equity.

SUShighlowyat
post Apr 8 2017, 12:50 PM

On my way
****
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From: Fairtex Bangplee


QUOTE(Buriburi San @ Apr 8 2017, 10:44 AM)
By building up position u mean that u will keep adding more positions apart from the existing one to catch the chart
up or down movement while gradually eliminating the losing positions right?

That's sure sounds like an advance scalping technique there.

Eventho, it's very engaging & mentally straining for any newbs to attempt to
as it needs the nerve of steel, split second decision making & deep understanding of market flow sweat.gif

Anyway, congratulations for finding your own trading style that truly reflect yourself  thumbup.gif
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not adding positions to a losing position
if ur signal show EU sell.. u sell, show GJ buy.. u buy, show AU buy..u buy.. and so on
keep maximum open position to 10. more than 10 you may have problem managing it
Take profit 10-15 pips per trade, no stop loss. If DD more than 30%, start cutting your loss.. but at the same time keep adding position when your indicator produce signal

You will see your profits start to piling up and meanwhile your DD at safe below 30%

scalping is taking 3-5 pips per trade. 15-20 pips is daytrading

i disagree with mentally straining. this kind of trading is very relax and stressful.
what stressful is when you set tight stop loss then it get hit, then market move into your direction..
but you are already loss because u set tight SL.. haha (MARKET laugh at you)




SUShighlowyat
post Apr 8 2017, 08:13 PM

On my way
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QUOTE(Johnhun @ Apr 8 2017, 07:47 PM)
» Click to show Spoiler - click again to hide... «

*
looks good in theory but it doesnt work. it may work with luck
your account A and B can get both wiped out

this strategy they get from sports betting called "bonus bagging" its only works in sports betting
if you want to do arbitrage trading.. they are many business out there you can do arbitrage with success, but not between forex brokers
its either your both account wiped out or brokers found out pretty fast
trust me i want to apply "bonus bagging" in forex industry but i dumped it, too much risk and restrictions from brokers

SUShighlowyat
post Apr 9 2017, 02:58 PM

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QUOTE(speedfamgirl @ Apr 9 2017, 04:08 AM)
Very interesting....this method was not really told in the books or in forums.

btw, how do you enter position? by instant exec or limit order?
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"EA" open instant order and set TP.. the floating DD i manage it myself. not a day it can reach 30% DD

SUShighlowyat
post Apr 11 2017, 12:46 AM

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QUOTE(Buriburi San @ Apr 11 2017, 12:14 AM)
I see that high winning rate is very important for your strategy so that the possibility of your account suffering 30% drawdown
but still stay in the green is possible and I think the small TP is helpfing too.

Trading in the ranging market is helping too I guess as it's more possible for the market to come back to green without straying too far in the red.

I have to disagree with tight SL because a good SL is often used together with pending limit order & seldom triggered
with the exception that the position is totally wrong since the beginning.

What possibly happen more is the market goes all the way without triggering the limit order but I guess that will be as painful as SL getting hit sweat.gif
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capital preservation is the most important
the 30% drawdown is from equity not from initial deposit. you can have 50% profit with 30% drawdown you are still winning
work best on ranging market, when trending market then you have to start cutting some losses
market is ranging 70% of the time

wrong position or right position doesnt mean anything. the important thing is the outcome.. profit or loss
you can still sell when market is uptrend and make profit. or you can have all the indicators pointing sell.. but as soon as u sell, market going up
i believe market is a results of traders action, buying and selling.. until it become almost random

SUShighlowyat
post Apr 23 2017, 02:41 PM

On my way
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Senior Member
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From: Fairtex Bangplee


QUOTE(jack2 @ Apr 22 2017, 08:56 PM)
JJ collapsed already.
*
QUOTE(AllnGap @ Apr 22 2017, 09:13 PM)
really ?
i saw on my FB feed they said hacked or something like that
*
there is 2 words to describe this:

1) Hahahahaha
2) I told you so
SUShighlowyat
post Apr 30 2017, 08:15 PM

On my way
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Senior Member
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Joined: Aug 2011
From: Fairtex Bangplee


QUOTE(jack2 @ Apr 30 2017, 01:21 PM)
This aunty knows everything.

Xness, pepperstone, many
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she got 50k in myeg stock remember
SUShighlowyat
post Jun 9 2017, 03:22 PM

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From: Fairtex Bangplee


QUOTE(jack2 @ Jun 9 2017, 12:15 PM)
Finally say bye bye to IGOFX Vlad
*
what happen
SUShighlowyat
post Jun 9 2017, 04:57 PM

On my way
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Joined: Aug 2011
From: Fairtex Bangplee


QUOTE(cofin @ Jun 9 2017, 04:37 PM)
But his ROI still damn high ..... just that i think his account no fund already

Macam money game suddenly this MR V .....those that join him earlier all already kaya and copy his trade recently all die
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and all the money goes to... IGOFX icon_idea.gif
SUShighlowyat
post Jun 19 2017, 11:43 PM

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

Joined: Jun 2017

By the way, its Expert Advisor not Expert Advisory. How old is this account making 4000+ trades with 50% gains and 43% drawdown?
SUShighlowyat
post Oct 15 2017, 07:05 PM

On my way
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QUOTE(Lucas0323 @ Oct 7 2017, 06:40 PM)
No one talk about trading here huh? Fundamental? Technical? No?
*
fundamental and technical is old things
learn about social trading. there are so many twist and hacks inside social trading (dont follow the masses, think outside the box) nod.gif


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