Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

 Forex Version 20, Foreign Exchange Market Discussion

views
     
dwRK
post Nov 27 2019, 05:01 PM

the consummate chartist
*******
Senior Member
6,230 posts

Joined: Jun 2006


QUOTE(mrbigggyyy @ Nov 27 2019, 04:45 PM)
Index fund.. it's the 100% sure get rich fund.. it's just a matter of time
*
assuming able to tahan -50% drop wink.gif
dwRK
post Nov 27 2019, 08:39 PM

the consummate chartist
*******
Senior Member
6,230 posts

Joined: Jun 2006


QUOTE(mrbigggyyy @ Nov 27 2019, 08:20 PM)
long time ma.. sure ok.. and 50% drop more happy.. can buy more! and dividend yield will be damn nice if prices drop by 50% haha
*
ya...all in when -50%... sell house, sell dog, sell underwear...

but original investment will take 2-5 yrs to break even...imagine half million ringgit underwater for a few yrs...hahaha
dwRK
post Nov 27 2019, 09:59 PM

the consummate chartist
*******
Senior Member
6,230 posts

Joined: Jun 2006


QUOTE(Hansel @ Nov 27 2019, 09:25 PM)
...tq again, bro,... well,... I'll manage my risks this time by staying away from this risk, for now,... I've lost almost 7 zeroes of AUD earlier, only in AUDJPY forex.... biggrin.gif  biggrin.gif

Luckily can make back many times more from other investments,... sad.gif  sad.gif 

If I keep taking chances like this,... and loose,... wives and children will not be able to makan anymore,.... biggrin.gif
*
thumbup.gif

yup...trade/investment within one's comfort zone

I always tell my friends...got lots stuff out there, don't have to be in everything, also no need to fomo, plenty of money around, you don't make today, can always make tomorrow
dwRK
post Nov 28 2019, 10:59 AM

the consummate chartist
*******
Senior Member
6,230 posts

Joined: Jun 2006


QUOTE(Hansel @ Nov 28 2019, 09:31 AM)
Glad I clarified,... looks like figures are very distinctive and very visible to forummers,...

One small mistake when revealing a number and people start pinpointing possible exaggerations in such numbers. But this is good - it's called check and balance,...

I observed it's better to stay away from numbers.  smile.gif
*
i knew you're top 1% long time ago already...a few things you type gave it away... smile.gif

now you have to be more careful when got pm invite go teh tarik... hahaha

This post has been edited by dwRK: Nov 28 2019, 12:47 PM
dwRK
post Nov 28 2019, 06:44 PM

the consummate chartist
*******
Senior Member
6,230 posts

Joined: Jun 2006


QUOTE(Hansel @ Nov 28 2019, 12:58 PM)
Sure,... tq very much, gents,... will try to make it, bro Akib,... bro DWRK, maybe can meet in future,....

Bro akib,... I'm a loser, bro,... just wanted to say this first,... Lost a lot because never took care of my pair,... I bought the pair many times in 2014, 2013, 2015,... I think,... at levels of above 100 also,.... biggrin.gif  biggrin.gif

Then when dropped to 95, bought some more,...  biggrin.gif  biggrin.gif  then forgot abt it,....

Then this year,... 70+ only,....  biggrin.gif  biggrin.gif

CUTLOSS !!!!!!

Just sharing only,.... don't know if right to learn from me or not.
*
happy to meet up bro one of these days smile.gif

QUOTE(paogeh @ Nov 28 2019, 02:19 PM)
im one of the losers as well .
Started back in 2006 ,
till now still losing ....BIG ...
*
ok lah I share a bit my pain...

some time back bought a few hundred k myr worth of bitcoins...these went up to about 2.5 mil...then invested them in some other ventures...long story short...2.5 mil gone...hahaha

got other painful stories but one is enough lah for the day...
dwRK
post Nov 29 2019, 11:15 AM

the consummate chartist
*******
Senior Member
6,230 posts

Joined: Jun 2006


QUOTE(hft @ Nov 29 2019, 02:31 AM)
Anyone want to gamble trades on scalping mode, just pass me your account. Profit split.
*
but like this no more syok eh... biggrin.gif
dwRK
post Nov 29 2019, 12:45 PM

the consummate chartist
*******
Senior Member
6,230 posts

Joined: Jun 2006


QUOTE(sunnyK @ Nov 29 2019, 11:50 AM)
Martingale can be fun ,makes a trader nervous but can be highly rewarding if well executed.
I heard there are also ways for risk control for martingale systems.
But is a no no for inexperience traders.
*
martingale is for commercial traders to dump on noobs retail traders wink.gif

dwRK
post Nov 30 2019, 10:14 AM

the consummate chartist
*******
Senior Member
6,230 posts

Joined: Jun 2006


QUOTE(sunnyK @ Nov 29 2019, 01:09 PM)
Haha. You have your point.
However , i observed that the FX market is both fair and open for any one with an account to execute their entries and exits  to and as exactly similar to what is infront or available to a pro trader.
Technology ,informatipn flow and brokers competition  has helped the present day retail traders a lot.

The only different is the knowledge for those executions. In another words ,to develop a sustainable  edge over the market.
*
martingale = catch falling knives

you're essentially lying to yourself, averaging down your loss tying up capital...you can probably get away with non-leveraged stuff and relatively big enough capital...but is not efficient use of funds...

market is brutal and unforgiving...the big bully the small... mistakes get punished...we only have freedom to participate and how much pain we wanna endure... biggrin.gif
dwRK
post Nov 30 2019, 10:20 AM

the consummate chartist
*******
Senior Member
6,230 posts

Joined: Jun 2006


QUOTE(hft @ Nov 29 2019, 07:55 PM)
Buying EU GU & Selling UC.

Good luck to all.
*
nice thumbup.gif
dwRK
post Dec 3 2019, 08:49 PM

the consummate chartist
*******
Senior Member
6,230 posts

Joined: Jun 2006


QUOTE(Archemedia @ Dec 3 2019, 07:20 PM)
cant see anything, too small
*
must be support and resistance kaki... run stop entry gua... I got no such patience... sweat.gif
dwRK
post Dec 3 2019, 08:53 PM

the consummate chartist
*******
Senior Member
6,230 posts

Joined: Jun 2006


QUOTE(Hansel @ Dec 3 2019, 11:10 AM)
Tq and apologies for the late reply, bros,...

Was very busy with REIT merging in SG the last few days and preparing for the Christmas Family Driving Adventure in Switzerland now.

Okay,.. will keep in mind all yuo guys said in the above,... Hoping someday can meet too. Trade safely, bros,.. protect capital !
*
nice...good time for skiing also.... thumbup.gif

enjoy your holiday bro, stay safe and have fun... I continue to bleed from stocks... cry.gif
dwRK
post Dec 3 2019, 11:10 PM

the consummate chartist
*******
Senior Member
6,230 posts

Joined: Jun 2006


QUOTE(Hansel @ Dec 3 2019, 10:39 PM)
Tq bro,.. yeah, quite liked the activity too especially when you get to ride in the open carriage up the hill and launch from there,...

What stocks are you holding,... hmm.gif
*
2 supermajor oil stocks... one EU the other US, been topping up past 10 yrs... was just looking at liquidating 3 weeks ago before this shit storm... also was gonna hedge it few days back but got distracted by something else...already got plans for this market pullback just didn't manage to execute... oh well...
dwRK
post Dec 4 2019, 12:29 AM

the consummate chartist
*******
Senior Member
6,230 posts

Joined: Jun 2006


QUOTE(akib_mullen @ Dec 3 2019, 11:41 PM)
yeah, snr. but this one limit entry. So boring waiting for entry to be triggered  yawn.gif
Trying to be aggressive but it not working for me, always in losses.
*
oh I meant stop run area for entry... sweat.gif

yeah these are like fishing... have to be patient

trade reversal vs trend... different skill sets...
dwRK
post Dec 4 2019, 02:33 PM

the consummate chartist
*******
Senior Member
6,230 posts

Joined: Jun 2006


QUOTE(Hansel @ Dec 4 2019, 11:42 AM)
Bro,... I don't know what your entry price is, but macro-wise, oil output by OPEC is said to be reducing after the IPO of Aramco this mth.

With reduction of oil output, naturally oil price will increase if the fear of less-demand is low. But the most recent news is that the first phase of the US-China trade truce will probably not take place anymore this year.

Secondly, please do cover the fact that your company may have company-specific issues, for which no positive macro-element be able to overcome.

For eg,.. I bought Eagle Energy Trust (EGL.UN) back in 2011, I think,.. Averaged down throughout the years. Today,... it (EGL) has gone into receivership. This is due to company-specific issues.

Just sharing some of my bad experiences,.... biggrin.gif
*
thanks for the concern bro. sorry to hear about your egl... I too have my fair share of dca till pn4... biggrin.gif that's why I'm so -ve when ppl say martingale can be good last week...hahaha

I'm only into big oil...Shell, BP, Chevron, Exxon, etc...but plan to reduce stake and diversify elsewhere....these are my "savings" stocks getting relatively good dividends even in downturns, but it's time to move on smile.gif
dwRK
post Dec 4 2019, 03:59 PM

the consummate chartist
*******
Senior Member
6,230 posts

Joined: Jun 2006


QUOTE(akib_mullen @ Dec 4 2019, 03:42 PM)
Price hit key level 1 + daily range high + volume spike type 1 at right location and timing, got possibility to short euraud now. But I will stay away
*
I only know up and down... didn't know got level 123 and type 123... biggrin.gif
dwRK
post Dec 4 2019, 05:53 PM

the consummate chartist
*******
Senior Member
6,230 posts

Joined: Jun 2006


QUOTE(Hansel @ Dec 4 2019, 04:05 PM)
Ok bro,... tq for the reply,.. sometimes, must take a break first, then the mind becomes clearer and we suddenly 'KNOW' the objectives in our mind are RIGHT !
*
haha ya so true

btw... you doing the free n easy family car type tour or the performance car race you up the hill tour biggrin.gif

This post has been edited by dwRK: Dec 4 2019, 05:53 PM
dwRK
post Dec 4 2019, 06:23 PM

the consummate chartist
*******
Senior Member
6,230 posts

Joined: Jun 2006


QUOTE(akib_mullen @ Dec 4 2019, 05:28 PM)
Ala bro, that is what i been taught. As long we all make money, then any methods is no issue.  biggrin.gif
*
just tease bit... wink.gif

I know got guru teach set ups and giving it names and codes... just that for 99.999999% of us have no clue what it means

btw what course, how long, how much? just curious
dwRK
post Dec 4 2019, 06:29 PM

the consummate chartist
*******
Senior Member
6,230 posts

Joined: Jun 2006


QUOTE(akib_mullen @ Dec 4 2019, 06:25 PM)
It is indicator actually. Got all vids from start. Last time i paid 7++. Free upgrades etc if indi update. Lifetime
*
I c... thanks
dwRK
post Dec 5 2019, 12:18 PM

the consummate chartist
*******
Senior Member
6,230 posts

Joined: Jun 2006


QUOTE(fulltimedad @ Dec 5 2019, 11:34 AM)
Morning guys, share my setups of the day

Hourly trade
AUDUSD Long - Getting ready
USDJPY Short - Fading Buyer
EURAUD Short - Fading Buyer
EURCHF Long - Fading Seller
GBPCAD Long - Fading Seller
NZDCAD Short - Fading Buyer

4H Trade
EURUSD Short - Getting Ready
USDJPY Long - Fading Seller
CADCHF Short - Fading Buyer
NZDCAD Long - Fading Seller

Some pair contradict movement direction, depends which playout.

Happy trading, keep an open mind smile.gif
*
wah you trade so many at one go?

7 Pages « < 5 6 7Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0864sec    0.34    7 queries    GZIP Disabled
Time is now: 6th December 2025 - 02:16 AM