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 Forex Version 19, Foreign Exchange Market Discussion

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Supreme1394
post Jun 13 2017, 04:03 PM

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QUOTE(cmonstar @ Jun 13 2017, 11:30 AM)
Hi...
Just discovered this thread.

I'm a fairly new FX, 1 year plus. Attended Mario Singh's FX training and opened an account with FXPrimus. Started with USD1000 only... Now left USD600 due to careless trading (using 1Lot, 0.5Lot, should have used smaller ones)
:-)
Still learning the ropes but I'm still optimistic...

Hope to learn from sifus in this thread for good profitable trades.
Arigato!
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Try to trade max 2% risk for each trade. Don't be like the many victims who blow up(margin call) account after account due to greediness. The goal is to be consistently profitable and to gain a steady % returns each month instead of looking at the actual $$ gained. As you get better you can work your way up from there smile.gif
Supreme1394
post Jun 13 2017, 08:09 PM

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QUOTE(frey_zero @ Jun 13 2017, 06:01 PM)
what broker that got small spread? currently using Instaforex, their spread is around 30 - 120
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You may try IC Markets true ecn account
Supreme1394
post Jun 13 2017, 10:27 PM

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QUOTE(frey_zero @ Jun 13 2017, 10:09 PM)
becoz im using intsforex standard acc.. ecn sure got small spread?
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I don't know about instaforex, but ICMarkets ECN got low spreads. EURUSD spread is normally 0.0 - 0.3 pips but has commision fees of $5.5 per lot. So effective spread is 0.55 - 0.8 pips / lot
Supreme1394
post Jun 13 2017, 10:38 PM

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QUOTE(cmonstar @ Jun 13 2017, 10:16 PM)
I agree, however I m only risking 1%, 0.03 lot, 10-20pip profit per day at the moment.. still not yet up to 2%, any good strategies to share. thanks for advice
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Good choice, what works for me is support/resistance trading + trendline breakout
Supreme1394
post Jun 13 2017, 10:39 PM

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QUOTE(frey_zero @ Jun 13 2017, 10:33 PM)
are u using ICM be4?
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Yes, using them currently
Supreme1394
post Jul 13 2017, 02:19 PM

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QUOTE(cmk96 @ Jul 13 2017, 11:08 AM)
have been doing some research lately on where to open a PAMM account... ended up opened one in Hotforex... anyone knows better place?
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You could have a look at Alpari, some reputable PAMM managers in myfxbook are with them
Supreme1394
post Sep 14 2017, 07:32 PM

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BTCUSD dropping like a rock, about time for a major correction
Supreme1394
post Sep 15 2017, 01:01 PM

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QUOTE(hehe86 @ Sep 15 2017, 12:05 PM)
Oh, can i know correction in which area?

Thanks in advance
*
No one can tell for sure, but if I'm wanting to enter long, it would be at 3k usd
Supreme1394
post Oct 4 2017, 08:47 PM

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There's a reason why these guys end up giving seminars and not trading forex full time, think about it, lol.

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