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Investment Forex Version 21, Foreign Exchange Market Discussion
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dwRK
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Apr 22 2021, 12:17 PM
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QUOTE(Archemedia @ Apr 21 2021, 09:08 PM) Done !! passed the evaluation phase. Received 24k account + 50% profit from evaluation in the new account Next target 96k funding [attachmentid=10853326] [attachmentid=10853327] congrats... This post has been edited by dwRK: Apr 22 2021, 12:17 PM
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dwRK
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May 17 2021, 01:53 PM
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QUOTE(sleepwalker @ May 17 2021, 11:50 AM) I still can't believe Malaysia regulated bitcoin trading before forex. never again after Soros
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dwRK
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May 18 2021, 08:32 PM
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QUOTE(Lucas0323 @ May 17 2021, 10:41 PM) Curious how the heck gov going to regulate something that they have no control with. Forex at least myrusd is relevant. ?... you dunno the history? ban offshore ringgit trading... peg usd... many many new regulations...
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dwRK
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May 18 2021, 08:57 PM
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QUOTE(Lucas0323 @ May 18 2021, 08:43 PM) I know abit about it bt i think if we peg usd we're long gone. for many years we pegged 3.8 ringgit to the dollar... unpeggged few years back ringgit trading still banned overseas bnm last month relaxed a few forex restrictions for companies involved in global supply something something... but many restrictive regulations still in force to control ringgit SC also getting overzealous... banning forex and stock brokers that don't even have presence in Malaysia... really stupid imho... This post has been edited by dwRK: May 18 2021, 09:00 PM
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dwRK
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Oct 10 2021, 09:30 AM
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QUOTE(Stevelai @ Oct 9 2021, 04:31 PM) Hello guys, im totally newbie..want to invest in forex...can suggest me what platform is the best and also thinking use bot to trade..issit good? what bot suggest please...i think bot is better than me nobody invest in forex... everyone here is gambling... just some better than others...
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dwRK
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Oct 10 2021, 11:21 AM
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QUOTE(baby_4ever @ Oct 10 2021, 10:49 AM) Forex is world largest casino, it’s more on risk management. If you are good, you can profit almost everyday - easily. Just because yourself probably never make good money from forex, doesn’t mean forex is not good at all. woosh...
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dwRK
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Oct 14 2021, 05:30 PM
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QUOTE(xander83 @ Oct 14 2021, 05:08 PM) This what’s we called positioning and you need to position the best to endure any volatility  should have... 1. position... as FD 2. swing... as salary / regular income 3. scalping... as toto 4D for some daily excitement...
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dwRK
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Oct 15 2021, 11:38 AM
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QUOTE(cmk96 @ Oct 14 2021, 09:29 PM) nobody invest forex la... we all trade it... haha our new friend says wanna invest forex mah... I just correcting him a bit... haha but if he hold months to years... OK lah can consider as investment  must be hearing from ppl... just put money in and collect profits every month...
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dwRK
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Oct 16 2021, 11:48 AM
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QUOTE(cmk96 @ Oct 16 2021, 12:17 AM) your new friend who is trying to give you advice lor...  i remember he said I should plot myrusd and not usdmyr... because the extra decimal gives me more profit when I transfer money back to Malaysia... hahaha anyways your bot looking good...should have more than enough buffer now to handle that flash crash early on... I tot you stopped using bot for a while liao...
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dwRK
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Oct 17 2021, 04:04 PM
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QUOTE(cmk96 @ Oct 16 2021, 02:20 PM) myrusd? hahaahaa.... my ea is not set and forget type.... still need to adjust setting when encounter huge dd. studying ea is my past time hobby. facing the screen for manual trades is too time consuming. next week will start the ea on new account for a fren... hope it runs fine. ya... I end up spend more time playing ea than trading... so fed up stop ea and also stop trading... hahaha should start trading again... account balance going zero liao...
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dwRK
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Oct 18 2021, 06:54 PM
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QUOTE(investify @ Oct 17 2021, 09:04 PM) I have been learning and testing the financial markets : malaysia stocks, crypto and fx since Oct 2020. Finally settling with FX due to: 1) High liquidity (a lot of movement). 2) Open 24 hours on weekdays (ie. Japan/Australia, Europe/UK and US market trading session. 3) Real time information on 1H timeframe on trading view. Attached is my real account trading journal since Mid September 2021 (total of 83 trades) so far until last friday. Only use 1 strategy. info like risk to reward and % risk as per the schedule. <a href='https://pictr.com/images/2021/10/17/BGW4ml.md.jpg' target='_blank'>https://pictr.com/images/2021/10/17/BGW4ml.md.jpg </a> crypto beats fx according to your criteria  correction on 1. ... high liquidity == volume... lots of movement == volatility anyways good luck
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dwRK
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Oct 18 2021, 09:40 PM
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QUOTE(investify @ Oct 18 2021, 09:13 PM) thanks. hehe. to add on why FX: 28 pairs to choose. Crypto only 3-4 high volatility and movement- btc, eth, xrp, ltc. also fx can long and short cause there is a limit of how much a fx can go up or down. btc.... should up upwards only (100k target?😄). not really... crypto got a lot more... can long and short too... but is a very different game that I like very much... anyways... trade the ones that give you reliability and consistency... don't just look at volatility and big wins... you also trading a lot of pairs but ok lah starting out and testing water... your pairings also all over the place.. hahaha... the pros trade very few... some ppl whole life trade only eurusd for example...
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dwRK
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Oct 19 2021, 09:26 PM
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QUOTE(Edward12399 @ Oct 19 2021, 08:59 AM) Crypto small leverage, not so easy get MC compare to forex. So short term return is small, but long term is target huge return. actually crypto very easy to get liquidated also... whilst lev is only up to 125x at crypto exchanges... volatility is extremely high, more than 10 times that of fx... there is also frequent coordinated liquidation events to shake out noobs and high lev ppl anyways... i have a simple view... make hay while the sun shines... as traders we must be flexible and trade whatever that gives us reliable profit btc is currently undergoing its 3rd parabolic expansion... no other asset/instrument has ever done this...it might be its last hurrah... but who cares... trade it all the way up... and trade it all the way down...
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dwRK
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Oct 19 2021, 09:53 PM
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QUOTE(Edward12399 @ Oct 19 2021, 09:37 PM) Crypto much higher risk.. volatility way too high.. my fren managed to get eth at $150. Crypto is play long term.. really so called investment.. you said not easy to get MC earlier...which implies low risk...  anyways imho is speculation at its finest... buy you are free to call it investment
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dwRK
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Dec 14 2021, 09:13 PM
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QUOTE(MUM @ Dec 14 2021, 08:48 PM) i am naive or noob in this... mind sharing what is "prop firm"? property firm or proprietorship firm or ??? proprietary firm they give you money to trade for them... and share some of the profits with you...
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dwRK
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Jan 6 2022, 07:51 PM
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QUOTE(smang @ Jan 6 2022, 05:52 PM) hi guys is there like a whatsapp or telegram group that u guys use for signals? i believe in myself
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dwRK
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Jan 7 2022, 03:55 PM
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QUOTE(smang @ Jan 7 2022, 11:22 AM) i have nothing against chat groups and channels... can be good place to try understand what ppl are doing, especially for noobs... treat is as a learning ground... just don't rely on them for signals... its probably good to have one or two groups that you can bitch and moan and talk forex and shits...
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dwRK
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Jan 27 2022, 06:49 PM
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QUOTE(smang @ Jan 27 2022, 05:50 PM) wise sdn bhd will surely send all your data to IRB
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dwRK
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Jan 28 2022, 08:12 PM
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QUOTE(jack2 @ Jan 27 2022, 10:46 PM) Not only that, if they sense you for this purpose, they will disable your account. IRB actually ok with us play forex n crypto... is the bank problem don't want to deal... too many scams they don't want headaches... so just blanket ban
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dwRK
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Jul 4 2022, 12:17 AM
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QUOTE(Macau @ Jul 3 2022, 08:49 PM) Thank you  nice results can explain a bit your automated trading? thanks
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