Anyone here trade forex for prop firm here?
Forex Version 20, Foreign Exchange Market Discussion
Forex Version 20, Foreign Exchange Market Discussion
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Jun 25 2019, 08:00 PM
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#21
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584 posts Joined: Jun 2010 |
Anyone here trade forex for prop firm here?
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Jun 25 2019, 11:16 PM
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#22
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584 posts Joined: Jun 2010 |
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Jun 25 2019, 11:56 PM
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#23
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584 posts Joined: Jun 2010 |
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Jun 26 2019, 12:47 AM
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#24
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584 posts Joined: Jun 2010 |
QUOTE(blurcase @ Jun 26 2019, 12:25 AM) http://www.bnm.gov.my/microsites/fraudalert/0203_forex.htm Thanks, but I was asking about anyone here trade in a prop firm (if Malaysia illegal overseas then) or maybe real bank trader, nowadays trader can trade anywhere remotely.Only banks are legit. Feel free to clarify with them as they are the authority in this matter. |
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Jun 26 2019, 03:30 PM
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#25
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QUOTE(cmk96 @ Jun 26 2019, 07:28 AM) Prop firm and bank are different. No prop firm offer forex in msia. If there is... U let me know. I'm sorry my mistake.U were asking about prop firm trader earlier. Now u jump to bank trader. Get your question right. I mean I was looking both, real trader that have very tight risk/money management and not just retail trader that trade his own capital. |
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Jun 28 2019, 06:28 PM
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#26
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QUOTE(duplicated @ Jun 28 2019, 06:07 PM) Prop firm is a company that offers you margin/leverage and let you use their money to trade. Sometimes they offer training and sometimes not. I know broker offer 100x or more leverage but I don't have capital that big enough trade for living even I can do consistently make 20-30% per year with 10K USD capital hardly to feed myself. I know there are stock prop firms in Malaysia but forex I have not heard (why you need prop firms when you have 100x leverage?). As for a person who manages other people's money, yes there are, but they do it illegally. For example, your uncle gives you money to invest on behalf of him, based on trust. Nevermind I just keep looking maybe outside Malaysia. This post has been edited by e_X: Jun 28 2019, 06:29 PM |
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Jun 28 2019, 08:31 PM
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#27
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QUOTE(Pixel_ @ Jun 28 2019, 07:42 PM) Leverage doesn't matter, unless your trading system uses bigger risk. How's your system's drawdown? Not more than 5% Consistently 20% I just check the FTMO site, the challenge is for 30 for 10% profit (120% a year, just insane ). They make money on fees obviously. Try check this site, it's more realistic. https://the5ers.com/get-started/evaluation-plans/ |
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Jul 1 2019, 02:58 AM
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#28
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584 posts Joined: Jun 2010 |
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Jul 3 2019, 11:52 PM
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#29
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QUOTE(duplicated @ Jul 3 2019, 10:37 PM) Try Collective2 or Fundseeder or PAMM account on MyFxbook. Thanks will check those 2 but will skip Autotrade on MyFxbook because they pay based on pip/spread per winning and you will need plenty of subscribers to earn more.If your performance and track record is good people will invest/follow you. |
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Jul 12 2019, 08:45 PM
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#30
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584 posts Joined: Jun 2010 |
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Jul 15 2019, 09:21 PM
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#31
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QUOTE(Alan Andrews @ Jul 15 2019, 09:02 PM) Counter-trend / reversal traders might be interested in the beautiful MACD triple convergence pattern forming in the GBPCHF daily chart. I don't usually post trade ideas here but this is a rare opportunity that shouldn't be missed. Please note that this is a counter-trend trade suggestion. Hence, it would be wise to scale-in your buy orders with each dip. Less is more. Good Luck..!! Everyone trade reversal and only few one trade the trend. Even most indicator is build for reversal. |
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Jul 16 2019, 11:16 PM
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#32
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Jul 22 2019, 05:56 PM
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#33
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Jul 22 2019, 07:00 PM
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#34
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QUOTE(lowya @ Jul 22 2019, 06:30 PM) earlier when i check no euro news today i canceled it already, overlooked this a bit. Oh you are news trader.better wait for US session to trade CAD pair. Most avoid monday or newless days. I know some people do trade news with full margin the ratio very good if a winning trade like 1:5/6 |
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Jul 22 2019, 09:02 PM
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#35
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Jul 23 2019, 08:18 PM
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#36
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Jul 23 2019, 08:48 PM
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#37
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QUOTE(lowya @ Jul 23 2019, 08:33 PM) mostly looking at 5min, but screentime is only need 10 mins per trade (anything extra is purely for analytical purpose). How many signal you get per day?I just need 20-30 min a day before US market closed and only trade daily timeframe. I just don't want to waste my time on chart just like I'm starting trade forex many years ago. |
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Jul 24 2019, 01:33 AM
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#38
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QUOTE(johnnyzai89 @ Jul 24 2019, 12:12 AM) Daily tf is very boring though.. but i guess for a swing trader it's fine One day you will realise that have chart in your face for every minute and hour is not worth your effort and time. In the end its how you make ROI per year.if you are doing this ft, then it gets pretty boring |
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Jul 24 2019, 06:31 AM
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#39
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Jul 24 2019, 08:51 PM
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#40
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