QUOTE(solstice818 @ Oct 9 2020, 03:48 PM)
i always log in.... coz the "this" bank balance always below 1k.... transfered to it from another bank if need to deposit.Investment Forex Version 21, Foreign Exchange Market Discussion
Investment Forex Version 21, Foreign Exchange Market Discussion
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Oct 12 2020, 10:56 AM
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#81
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2,096 posts Joined: Oct 2007 |
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Oct 16 2020, 01:18 PM
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#82
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Oct 19 2020, 08:54 AM
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#83
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Oct 19 2020, 01:31 PM
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#84
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Oct 19 2020, 02:18 PM
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#85
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Oct 24 2020, 04:52 PM
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#86
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QUOTE(kiyaykh @ Oct 24 2020, 02:04 PM) Hi guys, EA do not work all the times.... You need to know when to off it.Been with quite long forex trading experience mainly using EA. I dont see much people here discussing about EA trading compared our Singaporean neighbour in other forum or telegram group. Not try to promote anything here but there are some EAs in market (mql5.com for example) which brought decent profit to me over past few years. And of course majority didnt as expected so need to backtest / forward test until you know how it behave in different market. My prefer EA mainly based on Martingale and grid, with moderate risk which can be minimised if you know how it play. I am using EA to help me monitor the market when i am not free. Previously my EA hold my positions for weeks. Now max duration 2 days.... On my 5th mth now... still making profit each mth. |
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Oct 24 2020, 04:59 PM
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#87
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Oct 24 2020, 05:11 PM
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#88
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Dec 5 2020, 11:45 AM
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#89
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- This post has been edited by cmk96: Aug 27 2025, 11:45 AM TheKraken liked this post
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Dec 10 2020, 10:31 AM
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#90
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QUOTE(TheKraken @ Dec 10 2020, 03:20 AM) There are lots and lots of strategies that can makes consistent money. Look around on youtube. Like this for example, looks legit even though I haven't backtested the strategy myself: https://www.youtube.com/watch?v=elCAnL_Sw4k For me risk:reward is the most important...People are struggling in trading because of a combination of factors: They want to win all the time, but every strategy will have its bad period, there will be a period where consecutive losses will happen, and if people are not familiar with the strategy - for example, if they don't develop it themselves, they just got it from someone else, never back-tested it properly - then when a bad period comes, 99% of the people will start losing faith and look for another strategy, another holy grail. Whenever I have friends who are newbies, asking me for winning strategies, I always give them one strategy (just to test their EQ) with the following stats: - winning percentage around 46-55% - Each win is 2R (i.e. if you risk 1% of your account, you will gain +2% of your account on each win) but... - it may have have 15 maximum consecutive losses (from backtesting 10 years of data) but - it will also have 10-15 consecutive winners. Over a one year period, it can return 100% easily on EURUSD and GBPUSD (just two pairs). and NONE of these 'friends' are able to execute this strategy despite it's proven track-record. They all gave up after suffering 6 to 8 consecutive losses. I told them, if they risk 1% of their account, a drawdown of 6% to 8% is nothing to worry about. But this is human nature, losing demoralizes people. This year i made 846.4% from GBPJPY alone... ![]() |
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Dec 10 2020, 09:02 PM
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#91
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Dec 10 2020, 09:14 PM
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#92
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QUOTE(Supreme1394 @ Dec 10 2020, 09:07 PM) M15 and daily chart. Supreme1394 liked this post
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Dec 24 2020, 02:11 PM
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#93
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Jan 1 2021, 10:52 AM
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#94
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Supreme1394 liked this post
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Jan 6 2021, 10:34 AM
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#95
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Jan 10 2021, 10:10 AM
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#96
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QUOTE(Supreme1394 @ Jan 9 2021, 09:00 PM) Not to rain on your parade, but it's a responsible act to show your myfxbook performance before claiming to be able to trader other people's money. Otherwise what is the yardstick to judge your past performance? Past performance indeed doesn't guarantee future performance, but it will at least show your accountability to money management and profitability. Agreed... Past performance is important too. Many blow up the account within 6 months. Just for the sake of high return. Icehart and Supreme1394 liked this post
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Jan 11 2021, 08:02 AM
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#97
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Jan 11 2021, 12:30 PM
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#98
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QUOTE(Icehart @ Jan 11 2021, 11:21 AM) There are some I've found but they have high minimum AUM entry. Reasonable lor.... High expectation always come with high min investment.Lowest I've found is 100k USD with a target 1% gain per month. Thats what i told those who pm me too. My result is just so so... but don't need 100k la. This post has been edited by cmk96: Jan 11 2021, 01:14 PM |
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Jan 11 2021, 02:03 PM
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#99
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Jan 12 2021, 11:41 AM
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#100
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