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 Forex Version 19, Foreign Exchange Market Discussion

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duplicated
post Sep 2 2017, 02:12 PM

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QUOTE(POYOZER @ Sep 1 2017, 12:42 AM)
Anyone here trading Commodity such as US Sugar?
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Futures. You need at least USD10k in margin, unless you day trade.
19exr97
post Sep 4 2017, 12:58 AM

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QUOTE(Lupine101 @ Aug 25 2017, 11:04 AM)
hmmm..anyone heard of kb group before? are they legit or wad lol...lately starting quite active around leh.
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I am from KB. Been there for more than a year now and I dont see any problem tbh
Lupine101
post Sep 4 2017, 09:21 AM

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QUOTE(19exr97 @ Sep 4 2017, 12:58 AM)
I am from KB. Been there for more than a year now and I dont see any problem tbh
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Great! May I know what kind of course the group offer? I heard they will teach you how to trade, so is the system good?
duplicated
post Sep 4 2017, 11:57 AM

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QUOTE(19exr97 @ Sep 4 2017, 12:58 AM)
I am from KB. Been there for more than a year now and I dont see any problem tbh
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Can you share more info? Interested to know.
19exr97
post Sep 4 2017, 01:48 PM

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QUOTE(Lupine101 @ Sep 4 2017, 09:21 AM)
Great! May I know what kind of course the group offer? I heard they will teach you how to trade, so is the system good?
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QUOTE(duplicated @ Sep 4 2017, 11:57 AM)
Can you share more info? Interested to know.
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This is solely based on my experience with them, you can choose not to believe me. From what
i know, they will teach u about basical technical analysis first before anything else (candle stick, EMA, MACD, stoch, ADX and so on) Then they will also advise u on ur mindset on how to not be greedy etc ( cos u duwana throw ur money just to boil soup? Lol idk ) then there's also fundamental analysis (news etc)thats all i got for now… still got muxh more to learn in this market unsure.gif
tbh all these knowledge can be found online but having a mentor who can guide u step by step, face to face in your mother tongue is a lot better i guess?


Lupine101
post Sep 4 2017, 02:03 PM

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but all that for a hefty price man, i find it funny when i mentioned forexfactory to them and like most of them (the group im approached by) just use FF as a news room and they didn't bother to check out the forum and explore those amazing stuff the community has to offer. that's even funnier when a so claimed 2 years of learning forex mentor say he never check out that forum content too, i was like wtf..ok...


19exr97
post Sep 4 2017, 02:51 PM

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QUOTE(Lupine101 @ Sep 4 2017, 02:03 PM)
but all that for a hefty price man, i find it funny when i mentioned forexfactory to them and like most of them (the group im approached by) just use FF as a news room and they didn't bother to check out the forum and explore those amazing stuff the community has to offer. that's even funnier when a so claimed 2 years of learning forex mentor say he never check out that forum content too, i was like wtf..ok...
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HAHAHAHAA so far ive seen two types of traders:
1. those who follow exactly what their mentors say
2. those who will find other ways online to see which one fit them better
I am someone from the creative field therefore ...ya
i personally use FXstreetNEWS and investing.com for my news tho, didnt really care bout others
duplicated
post Sep 4 2017, 04:13 PM

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QUOTE(19exr97 @ Sep 4 2017, 01:48 PM)
This is solely based on my experience with them, you can choose not to believe me. From what
i know, they will teach u about basical technical analysis first before anything else (candle stick, EMA, MACD, stoch, ADX and so on) Then they will also advise u on ur mindset on how to not be greedy etc ( cos u duwana throw ur money just to boil soup? Lol idk ) then there's also fundamental analysis (news etc)thats all i got for now… still got muxh more to learn in this market  unsure.gif
tbh all these knowledge can be found online but having a mentor who can guide u step by step, face to face in your mother tongue is a lot better i guess?
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Thanks for the reply.
How is your performance now? Like, how many percentage can you make, etc.
empire177
post Sep 4 2017, 04:41 PM

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QUOTE(19exr97 @ Sep 4 2017, 12:58 AM)
I am from KB. Been there for more than a year now and I dont see any problem tbh
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Can share more? How much to pay? Open account at which broker?

Also can explain why during march 2017 you said you have a friend in KB, he seems to be doing quite well. From that statement, I assumed you are not in KB yet. Then half a year later, you said that you are in KB for one year plus?

Means last time the "friend" is yourself? No offence. Just curious about KB as well.
19exr97
post Sep 4 2017, 05:06 PM

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QUOTE(duplicated @ Sep 4 2017, 04:13 PM)
Thanks for the reply.
How is your performance now? Like, how many percentage can you make, etc.
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I normally trade at 0.01 lot size because my account is quite small to begin with. my daily profit would be around 3-10USD. though sometimes there arent any profit . I am a game developer and i dont look at the chart for more than 3 hours so.... this trading this is only part time for me

19exr97
post Sep 4 2017, 05:06 PM

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QUOTE(empire177 @ Sep 4 2017, 04:41 PM)
Can share more? How much to pay? Open account at which broker?

Also can explain why during march 2017 you said you have a friend in KB, he seems to be doing quite well. From that statement, I assumed you are not in KB yet. Then half a year later, you said that you are in KB for one year plus?

Means last time the "friend" is yourself? No offence. Just curious about KB as well.
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sorry for the misunderstanding and confusion man, i dare not to expose myself and i didnt want to ruin anything because i havent made any profit from it back then. i basically boom my account 2 times (didnt have enough knowledge to know whats going on).
thats why i am only boasting about one of my friends. but now i've seen some results so yeah i am open up to anything haha but yea...
again u can choose to not believe in me, all my words are only based on my experience

empire177
post Sep 4 2017, 05:47 PM

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QUOTE(19exr97 @ Sep 4 2017, 05:06 PM)
sorry for the misunderstanding and confusion man, i dare not to expose myself and i didnt want to ruin anything because i havent made any profit from it back then. i basically boom my account 2 times (didnt have enough knowledge to know whats going on).
thats why i am only boasting about one of my friends. but now i've seen some results so yeah i am open up to anything haha but yea... 
again u can choose to not believe in me, all my words are only based on my experience
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Alright. Just curious only. How much did you pay for the course? Do they only teach you? Do they ask you to deposit money into their preferred broker?
19exr97
post Sep 4 2017, 06:07 PM

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QUOTE(empire177 @ Sep 4 2017, 05:47 PM)
Alright. Just curious only. How much did you pay for the course? Do they only teach you? Do they ask you to deposit money into their preferred broker?
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http://kbwealthness.com/lessons
they removed the pricing tho, i think u need to ask them how much. i rmb paying around 1k USD
they teach you a lot of stuff tho, market, fundamental, technical, trading psychology and most importantly.. life is hard hahaha
uhh... i passed the amount to my introducer broker so he settle everything for me. the rest of it idk
Lupine101
post Sep 4 2017, 06:57 PM

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yea its basically three stages, the basics, intermediate then the complete package i think. that's what i was told, the basics one is about 1k usd, then the complete package is around 4k usd? i know it sums up to RM 20k for the complete package la. the only difference is how many classes you get to attend to based on type of package you take.

i think 19exr97 is right, if you wish to have someone like a private tutor you may opt to take their package and attend their courses. But if you have plenty of time to gather around and don't mind the to learn from repeating mistakes, you can also look online from FF or babypips. AFAIK those things they teach inside KBW is totally free for grab online, the only difference you make is how you trade and discipline yourself.
Lupine101
post Sep 4 2017, 07:00 PM

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and also...they suggested me to take their partner broker OlympusFX, saying its registered under uk FSA but when i checked online their license is registered at some unknown island (already fishy at this point d), then when you check for OlympusFX registered business number,you may actually trace back to Msia mobile number and address. lol. whoever decide to lodge in large sum of money better check properly first, but if you don't mind losing a few grand trading then can just ignore it lahhh...haha

Registrant Name: Louis Lee
Registrant Organization: Olympus Financial Group Limited
Registrant Street: Bandar Puteri Puchong
Registrant City: Puchong
Registrant State/Province: Selangor
Registrant Postal Code: 47100
Registrant Country: MY
Registrant Phone: +60.162222306 (International Phone Number)

lAttached Image

This post has been edited by Lupine101: Sep 4 2017, 07:06 PM
empire177
post Sep 4 2017, 08:00 PM

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QUOTE(Lupine101 @ Sep 4 2017, 07:00 PM)
and also...they suggested me to take their partner broker OlympusFX, saying its registered under uk FSA but when i checked online their license is registered at some unknown island (already fishy at this point d), then when you check for OlympusFX registered business number,you may actually trace back to Msia mobile number and address. lol. whoever decide to lodge in large sum of money better check properly first, but if you don't mind losing a few grand trading then can just ignore it lahhh...haha

Registrant Name: Louis Lee
Registrant Organization: Olympus Financial Group Limited
Registrant Street: Bandar Puteri Puchong
Registrant City: Puchong
Registrant State/Province: Selangor
Registrant Postal Code: 47100
Registrant Country: MY
Registrant Phone: +60.162222306 (International Phone Number)

lAttached Image
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It's their own broker probably. We all know how it is gonna go if that's the case.

duplicated
post Sep 4 2017, 09:26 PM

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QUOTE(Lupine101 @ Sep 4 2017, 07:00 PM)
and also...they suggested me to take their partner broker OlympusFX, saying its registered under uk FSA but when i checked online their license is registered at some unknown island (already fishy at this point d), then when you check for OlympusFX registered business number,you may actually trace back to Msia mobile number and address. lol. whoever decide to lodge in large sum of money better check properly first, but if you don't mind losing a few grand trading then can just ignore it lahhh...haha

Registrant Name: Louis Lee
Registrant Organization: Olympus Financial Group Limited
Registrant Street: Bandar Puteri Puchong
Registrant City: Puchong
Registrant State/Province: Selangor
Registrant Postal Code: 47100
Registrant Country: MY
Registrant Phone: +60.162222306 (International Phone Number)

lAttached Image
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Doesn't look legit to me.
Lupine101
post Sep 4 2017, 09:46 PM

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Well the broker looks fishy. But the group seems to be "genuine". Look at it this way, they charge for your convenience with a price. They do offer a set of basic skills a decent trader required. Whether or not to take their courses is up to you
Sseg
post Sep 6 2017, 08:09 AM

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I am aware that there are alternative transaction method to and fro with brokers. However, for those who are using withdrawal through means of bank transfer, this link might be of your concern

http://www.thestar.com.my/business/busines...rds-by-october/

with the new governor in office, there is a growing trend of enhance controls implemention in place like the Fea ( in part to contain MYR weakness ). I think the local retail trading community must not be complacent with current status quo of deposit/withdrawal methods as who knows they might ''block'' the ''alternative'' avenues for that purpose.
Aordinarypeople
post Sep 7 2017, 12:45 PM

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Sifu2

Please suggest , oanda or xm??

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