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 Forex Version 20, Foreign Exchange Market Discussion

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sunnyK
post Nov 21 2019, 08:10 AM

On my way
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It is much better to buy EU on dips. Easy money
sunnyK
post Nov 26 2019, 12:00 PM

On my way
****
Senior Member
663 posts

Joined: May 2007
QUOTE(paogeh @ Nov 26 2019, 10:41 AM)
womdering ,

for those FULL TIME traders,
besides active trading ,
u guys diversify your $ into others ?
stock , reits, real estate, funds , etc etc ??
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No need to wonder.
If one is good at forex , a few good trade a year will make your life comfortable.
I am talking about trading middle to long term .
sunnyK
post Nov 28 2019, 07:20 PM

On my way
****
Senior Member
663 posts

Joined: May 2007
QUOTE(paogeh @ Nov 28 2019, 02:19 PM)
im one of the losers as well .
Started back in 2006 ,
till now still losing ....BIG ...
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Have read through the past 2 months of this thread. Looks like you have the mental toughness to withstand big losses but a small heart for big wins. A big taboo in FX.
A very flawed trading method.

This post has been edited by sunnyK: Nov 28 2019, 07:20 PM
sunnyK
post Nov 29 2019, 11:50 AM

On my way
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QUOTE(mrbigggyyy @ Nov 28 2019, 08:31 PM)
yes sir.. martingale trading is like that 1
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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.
sunnyK
post Nov 29 2019, 01:09 PM

On my way
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Senior Member
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QUOTE(dwRK @ Nov 29 2019, 12:45 PM)
martingale is for commercial traders to dump on noobs retail traders wink.gif
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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.

This post has been edited by sunnyK: Nov 29 2019, 01:11 PM
sunnyK
post Nov 29 2019, 02:00 PM

On my way
****
Senior Member
663 posts

Joined: May 2007
QUOTE(mrbigggyyy @ Nov 29 2019, 01:33 PM)
macam yes
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We all know , in FX macam macam ada boss.
On a side note , i believe there is nothing wrong with the martingale system ,only the implementation.
One or two wrong execution as is sometimes the case , semuanya habislah .So many trading accounts gets busted .

On a serious note , better dont experiment with martingale system.

This post has been edited by sunnyK: Nov 29 2019, 02:03 PM
sunnyK
post Nov 29 2019, 08:04 PM

On my way
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Senior Member
663 posts

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QUOTE(TradeMinim @ Nov 29 2019, 02:30 PM)
All system bagus, martingale or not, scalping or not, as long it make money biggrin.gif
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In some way yes but a little simple to grasp.

No one or even two trading system however good they maybe ,
are test proven to be successful consistently against the ever changing dynamics and condirions of FX market. If not , EA can already take over the trader and it is why all EA are not helpful eventhough they are programmed by vastly experience traders.

The human touch of the trader and an experienced hand too are required ,because as we know ,market price are moved and driven by human too and at times , highly emotional and irrational.

As for making money , newbies should not focus too much on this but instead on ,not losing too much or protecting capital. A minimum 3- 5 year learning process maybe just sufficient.

This post has been edited by sunnyK: Nov 29 2019, 11:25 PM

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