Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
126 Pages « < 114 115 116 117 118 > » Bottom

Outline · [ Standard ] · Linear+

 Forex Version 20, Foreign Exchange Market Discussion

views
     
paogeh
post Nov 9 2019, 11:55 PM

Regular
******
Senior Member
1,679 posts

Joined: Sep 2006
From: Penang



Just asking ,

For ICM ,

what;s the difference between SAFE CHARGE and VISA DIRECT ?
*although both also credit card , same pin/card.

The only difference , i see-ing
1. SAFE CHARGE - take average 3 working day to withdraw
2. VISA DIRECT - take ~12 hours to 1 day to withdraw.




user posted image
paogeh
post Nov 10 2019, 12:06 AM

Regular
******
Senior Member
1,679 posts

Joined: Sep 2006
From: Penang


From 1Nov till 10Nov,

Can someone help to better understand those parameter ?
How to interpret them ?



user posted image
paogeh
post Nov 10 2019, 12:08 AM

Regular
******
Senior Member
1,679 posts

Joined: Sep 2006
From: Penang


This is LAST 3 months,

where i blew the acc ....


user posted image
Archemedia
post Nov 10 2019, 12:15 AM

Casual
***
Junior Member
368 posts

Joined: Oct 2013
From: Here
QUOTE(paogeh @ Nov 10 2019, 12:08 AM)
This is LAST 3 months,

where i blew the acc ....
user posted image
*
u still trade with no indicator?
paogeh
post Nov 10 2019, 12:27 AM

Regular
******
Senior Member
1,679 posts

Joined: Sep 2006
From: Penang


QUOTE(Archemedia @ Nov 10 2019, 12:15 AM)
u still trade with no indicator?
*
the only indicator at MT4 == Volume + MA200 ,
just for reference .

Others = FF , dailyfx , myfxbook/outlook, FX expired option ===> Just for reference


https://www.myfxbook.com/en/community/outlook
https://www.forexlive.com/orders


rayzs
post Nov 10 2019, 07:06 PM

Getting Started
**
Junior Member
136 posts

Joined: Aug 2006


user posted image
Dear forumers,
I would like to invite you to join us for an exciting day of Financial Trading on 16 November 2019 at The One Auditorium, Menara TA One, Kuala Lumpur, an education seminar about our most trusted platform well known in Japan . Our parents company is SBI Group, one of the performance listed company in NIKEI Japan. Its RSVP for 300 participants. You might have an opportunity to win a new ipad and a 60" smart TV rclxm9.gif (only for those who registered). Please DM me your full name, phone number and email for RSVP. Take note only for 300 participants icon_idea.gif . 200 USD will be given as a No Deposit Bonus. thumbup.gif
Please contact me for further details: 01137157889 (whatsapp only)
TradeMinim
post Nov 10 2019, 09:16 PM

Getting Started
**
Junior Member
87 posts

Joined: Aug 2019
QUOTE(paogeh @ Nov 10 2019, 12:06 AM)
From 1Nov till 10Nov,

Can someone help to better understand those parameter ?
How to interpret them ?
user posted image
*
the sample size is TOO small. Do you have a fixed system with rules to begin with?
if not all these data are just random
hft
post Nov 11 2019, 11:37 AM

Regular
******
Senior Member
1,081 posts

Joined: Aug 2018
QUOTE(paogeh @ Nov 10 2019, 12:27 AM)
the only indicator at MT4  == Volume  + MA200 ,
just for reference .

Others = FF , dailyfx ,  myfxbook/outlook, FX expired option  ===> Just for reference
https://www.myfxbook.com/en/community/outlook
https://www.forexlive.com/orders
*
Cannot understand why you keep funding again. Probably my suggestion is for you to have more than one account in ICMarket, at which second account act as fund pool / not for trading. You can move this to your main trading account almost immediately at will.
Emily Ratajkowski
post Nov 11 2019, 07:39 PM

Casual
***
Junior Member
444 posts

Joined: Nov 2014
QUOTE(paogeh @ Nov 10 2019, 12:06 AM)
From 1Nov till 10Nov,

Can someone help to better understand those parameter ?
How to interpret them ?
user posted image
*
QUOTE(paogeh @ Nov 10 2019, 12:08 AM)
This is LAST 3 months,

where i blew the acc ....
user posted image
*
There is no way to analyze this info. It does not tell us if you're trading the right way or not.
All I know is that in the first report, you're a superstar.
In the 2nd report you're a very bad trader.
Unfortunately, martingale or grid type of trading is often going to produce such results.

But I can tell you a few things. Just for you to ponder on. I tell you this based on my 9 years of experience. Accept it or not, is up to you.
1)There is no shortcut. You must make more money when you're right, and you must lose less money when you're wrong.
2)You must have an edge. And your edge must do at the minimum 2 things:
2a)It must give you a price forecast. Meaning, it must tell you whether to go long or short or do nothing.
2b)As an extension of 2a, it must also tell you when you are wrong.
3)The more accurate you are in forecasting price, the stronger your edge.

4)Money management strategies by itself cannot provide an edge. They only determine how fast or slow your account grows/shrink.
4a)If you use martingale and grid strategies without an edge(price forecast), you will ruin your account eventually.
4b)The problem with martingale and grid is that traders use it because they don't want to forecast price. But without price forecasting, you do not know when you are wrong. And because you do not know when to stop applying martingale/grid, one day the market will do something funky and you will wipe your account.
4c)You can get lucky in the market for a long time using martingale and grids. Which is why, most traders tend to do very well for very long periods of time and then suddenly go bust in 1 week. One day the markets decides to do something unexpected, and these traders have no way of knowing whether the market will eventually cooperate. So they keep trading their grid until they eventually ruin themselves.

5)Can you turn grid trading into a good strategy?
a)The answer is yes. But not by itself. It must be combined with a proper edge.
b)Grid strategies are at best ‘average entry point’ strategies. They are good at giving a good entry point, but they can’t provide an edge.
c)But... if for example, you have a system that can identify when price is ranging.
d)Once you have determined that the market is ranging, you can start to apply the grid.
e)When your system tells you that the range has ended, you close all your grid positions regardless of loss or profit - because your market edge tells you that the range has ended. Therefore if you continue to grid, you will probably be applying grids in a trend market.
f)How well your strategy performs ultimately depends on how well you can determine when market is ranging. THIS is your edge. Ultimately, your edge is what will give you consistent profits. The grid is only used as a money management tool to help you get better returns.


rayzs
post Nov 11 2019, 09:21 PM

Getting Started
**
Junior Member
136 posts

Joined: Aug 2006


Check it out !!
https://www.eventbrite.com/e/common-wealth-...bdssbdestsearch
mrbigggyyy
post Nov 11 2019, 10:18 PM

Getting Started
**
Junior Member
124 posts

Joined: Oct 2019


QUOTE(rayzs @ Nov 11 2019, 09:21 PM)
sounds so MLM lol
rayzs
post Nov 11 2019, 10:23 PM

Getting Started
**
Junior Member
136 posts

Joined: Aug 2006


QUOTE(mrbigggyyy @ Nov 11 2019, 10:18 PM)
sounds so MLM lol
*
It is not sir. U may check SBI group byfx. We are not doing mlm scheme
paogeh
post Nov 11 2019, 10:51 PM

Regular
******
Senior Member
1,679 posts

Joined: Sep 2006
From: Penang


QUOTE(Emily Ratajkowski @ Nov 11 2019, 07:39 PM)
There is no way to analyze this info. It does not tell us if you're trading the right way or not.
All I know is that in the first report, you're a superstar.
In the 2nd report you're a very bad trader.
Unfortunately, martingale or grid type of trading is often going to produce such results.

But I can tell you a few things. Just for you to ponder on. I tell you this based on my 9 years of experience. Accept it or not, is up to you.
1)There is no shortcut. You must make more money when you're right, and you must lose less money when you're wrong.
2)You must have an edge. And your edge must do at the minimum 2 things:
2a)It must give you a price forecast. Meaning, it must tell you whether to go long or short or do nothing.
2b)As an extension of 2a, it must also tell you when you are wrong.
3)The more accurate you are in forecasting price, the stronger your edge.

4)Money management strategies by itself cannot provide an edge. They only determine how fast or slow your account grows/shrink.
4a)If you use martingale and grid strategies without an edge(price forecast), you will ruin your account eventually.
4b)The problem with martingale and grid is that traders use it because they don't want to forecast price. But without price forecasting, you do not know when you are wrong. And because you do not know when to stop applying martingale/grid, one day the market will do something funky and you will wipe your account.
4c)You can get lucky in the market for a long time using martingale and grids. Which is why, most traders tend to do very well for very long periods of time and then suddenly go bust in 1 week. One day the markets decides to do something unexpected, and these traders have no way of knowing whether the market will eventually cooperate. So they keep trading their grid until they eventually ruin themselves.

5)Can you turn grid trading into a good strategy?
a)The answer is yes. But not by itself. It must be combined with a proper edge.
b)Grid strategies are at best ‘average entry point’ strategies. They are good at giving a good entry point, but they can’t provide an edge.
c)But... if for example, you have a system that can identify when price is ranging.
d)Once you have determined that the market is ranging, you can start to apply the grid.
e)When your system tells you that the range has ended, you close all your grid positions regardless of loss or profit - because your market edge tells you that the range has ended. Therefore if you continue to grid, you will probably be applying grids in a trend market.
f)How well your strategy performs ultimately depends on how well you can determine when market is ranging. THIS is your edge. Ultimately, your edge is what will give you consistent profits. The grid is only used as a money management tool to help you get better returns.
*
Thank you so much for the details explaination .
This would really help everyone on the FX journey.




cmk96
post Nov 12 2019, 10:01 AM

Look at all my stars!!
*******
Senior Member
2,096 posts

Joined: Oct 2007
QUOTE(rayzs @ Nov 11 2019, 10:23 PM)
It is not sir. U may check SBI group byfx. We are not doing mlm scheme
*
Provide copytrade? or just looking for new clients for the broker?
jabz
post Nov 12 2019, 03:17 PM

Getting Started
**
Junior Member
282 posts

Joined: Jul 2010


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

thanks a lot...
hft
post Nov 12 2019, 11:48 PM

Regular
******
Senior Member
1,081 posts

Joined: Aug 2018
Trump speech in 1 hour & 10 minutes. Market jolt is expected. Brace all.
De Cool P
post Nov 13 2019, 12:13 PM

New Member
*
Probation
1 posts

Joined: Nov 2019
Anyone heard about forex rebate , u trade and earn your profit and u get rebate even u lose ur trade u get rebate too . Fx rebate Webpage
Alan Andrews
post Nov 13 2019, 04:07 PM

Getting Started
**
Junior Member
72 posts

Joined: Nov 2017
Nice MACD convergence forming in EurUsd charts (H1,H4) and we are approaching key fibo retracement levels... Imo, it may be a good idea to scale-in longs. GL and Happy Trading.! :-)
mrbigggyyy
post Nov 13 2019, 04:24 PM

Getting Started
**
Junior Member
124 posts

Joined: Oct 2019


hmm anyone heard of Fortitude Fund Management before?
dwRK
post Nov 13 2019, 04:25 PM

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

Joined: Jun 2006


QUOTE(Alan Andrews @ Nov 13 2019, 04:07 PM)
Nice MACD convergence forming in EurUsd charts (H1,H4) and we are approaching key fibo retracement levels... Imo, it may be a good idea to scale-in longs. GL and Happy Trading.! :-)
*
I'd like to see 2 more days down biggrin.gif

126 Pages « < 114 115 116 117 118 > » Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0318sec    0.91    6 queries    GZIP Disabled
Time is now: 11th December 2025 - 04:33 AM