Ok. See if there are any other countries by other investors here,...

So, at this moment, you would be transferring in USD from your forex broker's bank acct in The United States to our local Msian acct and it gets converted into MYR here when it drops into your acct here, right ?

Well,... one does not need to be a Singaporean to have offshore accts. An international financial hub would welcome bank account-opening with the right procedures.

I am not a Singaporean, nor a PR.

I am offering help on how to retrieve funds legally and correctly back to the country within premises of wire-transfers.

Source of funds and declaration would be a totally separate issue. So, how do you declare your forex income then ?

Bro,... I would like to recommend that you attempt one problem at a time.

First, we try to decide correctly how to bring our funds back. You do not need to use my way. If cmk's way is good, use his.

Then after you managed to bring back the funds, then you think abt the next problem. It's worse if you can't even bring your funds back to the country.

Tq bros,...

The world is complicated today, the more options we have, the stronger will our positions be.

On our part, we do our best to follow the rules of the different jurisdictions to our best possible ability.

I would also like to say here : the amount of time and effort to THINK and to READ , and to LEARN to follow the rules also consume costs today. IN short, the saying : want to follow rules also very hard today,.... not to say don't want to follow,...

So,... who will reimburse out time and effort here to follow these rules ?

Well,... that's how I look at things,..

Ok bros,... tq for reverting,...

Pertaining to the 'stop' execution, when price touches, that would be mkt price at that moment, right ? Why wouldn't a buyer or a seller want a 'better' price if possible ?

I think in investing, we need to see the timespan too. One who made money within a short timespan may not be the best measurement to define Best Investment.

I was a forex player, in the form of Carry Trade. I had to cut lost after holding for a few years, but in the early years when I first 'invested', I kept making money from premiums earned due to knock-outs.

I invested into strong Term Deposits which yielded me 11%, 12% int rates in Aussie Banks but such returns have disappeared today.

I invested into Canadian ctrs which PAY MONTHLY DIVIDENDS, but those ctrs' dividend amts dropped after a few years. I recently divested ont restaurant ctr in the TSX which dropped to $10+ only, last I heard...

I can call out more experiences,... BUT,.. I would like to say that I continue to invest into SG REITs today. But well,.... First REIT is also risky today,... okay... holding forever is not possible anymore ! The word forever is not logical anymore.

You are welcome, bro,...

Today, Carry Trade is not possible anymore because all the developed mkt currencies are having low deposit rates. There is no more opportunities from where we can earn from differential rates. Even if we take up positions, it's only for purposes of 'direct' betting into currency pairs.

Recently, I noticed the pair AUDJPY seems to be rising,... but we never know, at any particular time, the wave may just turn. Hence, we must have a good stop-loss, just in case.

I'm afraid I do not invest into the KLSE. I focus hard onto the SGX, and have strong interests onto the HKeX, TSX and ASX.

Tq for your comments here, bro,.... well, after the 2007/8 GFC, the Monetary Authority of Sgp (MAS) has put in strong steps to ensure the survivability of REITs in the event of another downturn. REIT mgrs themselves have also done many things to ensure they can continue to service the loans if a recession hits.

So,... we will see,... see if the MAS is right this time.

Yeah bro,... looks like we need to monitor continuously,... I have the same thinking too.

On my part,... I held one REIT in the SGX since 2006,... it was doing really well till the sponsor started to give it problems. This REIT survived in my portfolio for 11 years before I started divesting it.

But I must too that there are REITs in the SGX that has survived and been doing well till today since it first listed.

My residence is in Msia, bro,.. yes, very much into the SGX now,...

Hi,.. I would prefer to have +ve carry from a Long Position. Any recommendations pls ?

It's okay,... I'll go with my private banker !

Pairing is one way, bro,... yes, just ride the profits upwards,... but at times, earning the premiums from short term knockouts can earn a lot too if you bet big. And when you are in forex,... it's always trading. Not investing at all !

Ohh,....

To me, that's like holding RM,... ,... only in different forms...

I'm one of the persons as you said.

Bros,... just sharing here :-

I am a private banking client. My RM would ask me out regularly to chat or to buy her dinner.

Fulltime traders (also known as professional traders) normally work in an institution trading on behalf of that institution. They get all the experiences and trainings from that institution, and risk funds from that institution, not their own money.

Some, who have gained a lot of experience, may venture out on their own after having gotten tired of and fed-up with their jobs. They are already armed with enough knowledge and experience to 'fight by themselves' out there, not to mention too, the wealth that they have accumulated to help them start !

Yes,... for an institution,... but if you noticed, he did not continue trading fulltime, he continued his corporate life and later started his own business. So, this is a different path from being a fulltime trader.

Yes bro,... ohh sorry, not a fulltime trader here,...

I'm not holding any pair now, but am watching the AUDJPY closely, this is my favourite pair. The other problem is, interest rates are all so low now, I have no chance to do a carry at all. Some bros in my circle are asking me to take up the USDEUR pair, with the view that FEds will soon start to increase interest rates.

Hmm,... to me, this would be risky,... there is talk now that the Feds may even cut again next year.

So,... no carry trade possible now,... of course, positive carry is only a side-advantage. Earning a positive differential interest rate can never save one from a pair movement against him. If the pair runs hard against him, he will be cut down badly and may even cause him to lose everything, finally reaching mc.

Well,... I have experienced this personally,...

I was busy, with other investments too, until I recalled suddenly I still had a pair-position outstanding. And,... I forgot to setup a cutloss level with my RM for this position.

I trade fundamentally, and will only dive into the Technicals when I'm ready to take position. I will use the techs to determine entry price, SL level and sometimes TP level too. After longing this pair, I aim to to ride the upward movement. I have not seen the techs for sometime.

For now, I am just watching closely the economic numbers of Aust and Japan and for the actions from the RBA and the BOJ pertaining to rate expectations, bond-purchases, and quite importantly,... speeches from the governors of both central banks. OF course, I do watch the news from the other major central banks, esp the Feds.

I would wait for Mr Kuroda's final speech for the year before deciding a good time to re-enter,.. if you noticed, the Yen has been strengthening across the board this year in spite of whatever the governer and the ministers in Tokyo said. This is a strong risk factor.

I hoped you like some fundamental analysis too.