So what's your solution? How to remit the money back?

I am managing some fund, mind telling what's the amount of the investment and your expected return?

This post has been edited by duplicated: Jul 23 2018, 01:39 AM

Don't have myfxbook. Only statement from MT4.

Use the MT4. It's good.

Not if you are using a robot.

Hi, could you PM me with the details. Thanks.

Yes. Just transfer to the account number.

This post has been edited by duplicated: Aug 10 2018, 09:48 PM

Always park the money overseas because forex is illegal in Malaysia. We have to pressure the government to legalise it.
If you insist of wanting to bring the money back, you know what to do.

This post has been edited by duplicated: Aug 17 2018, 12:38 AM

There are so many ways to 'cuci' the money.

1. Create a stock broking acount in Singapore. Send all your money to that account then remit the money back through the stock broking company. If BNM asks you, you can say profit from shares trading. Just hope that they won't ask for your statement.

2. Send the money from your overseas account to your friend or relatives overseas account. Then ask him to send to your Malaysian account as 'Gift'. Don't put 'Donation' please.

There are many more efficient ways but it is only worth it when you have a large sum of money.

This post has been edited by duplicated: Aug 19 2018, 09:12 PM

Not sure. If it is taxable, it is best parked overseas or move to Singapore if you are making good money.

Yes. If you deposit more than you withdraw then you might have a gambling habit.

Go back and do paper trading until profitable first.

Etoro is a bucket shop. You are trading against them so they won't like it if you are making money. Unless they hedge your positions.

Hi aunty. XM is fine and with small capital should not be a problem. Use credit card as the fees are cheaper.
Are you profitable?

I am an EA programmer. Hit me up whenever you need.

Yes.

Just wanted to share my experience to fellow forumers here. I have been trading for about 8 years or so now. What I would say is, you have to code and test your strategies/ideas in order to know if it is profitable.

Some of them look very promising on the chart (visually), but when you code and test them, they are not profitable. I have encountered many of this situation. Another way is to forward test but it's slow because you will be testing it on live market for a duration of time. However, if your trading is discretionary, then your only choice is to forward test.

Getting a high return, above 100% (without a high drawdown) a year is quite hard. Not impossible, but hard. I am happy with my EA which generates about 30-50% a year. The longer I trade and develop strategies, the more I believe that there's no holy grail. It could exist, who knows.

Trading is simple if you can find the key to profitable trading.

This post has been edited by duplicated: Nov 18 2018, 04:57 PM

Not exactly a fulltime trader. I still do other jobs for income and my EA is fully automated so I don't really have to trade. However, I don't have a 9-5 job and I am not employed.

By exchange, if you meant broker, I am not aware if there's any Malaysian broker.
Go for Singapore UOB, OANDA (if you have small capital), LMAX, Dukascopy, Interactive Brokers.

If you think your broker is stophunting you, try to check the price chart with other brokers. See if they are similar.
It's normal for the price to hit your stoploss if you have a tight stop. The market follows the random walk theory.

Probably yours was a short term trading, hence smaller stops and higher spread percentage.
Mine is a little long term system, holding from days to weeks. I could easily detect if there's any manipulation from the broker.

Anything?