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Investment Forex Version 21, Foreign Exchange Market Discussion
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SUSxnxx
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 Feb 17 2021, 01:50 AM
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Getting Started
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Hi guys
I wonder what makes yall trade FOREX rather than stocks.
Is it because it’s less manipulated compared to stocks? You know, some trading stocks app can simply stop their clients from buying a particular stock..... And Bursa stopped all trading activities suddenly without any justifications last year. Not sure whether yall knew these matters.
Or is it because of lower fees?
Or more opportunities provided in FOREX?
Compared to stocks, is technical analysis used more in FOREX trading? So you all must love drawing very much lol
Since the FOREX market has been developed, is FOREX now harder to be speculated and less volatile than before?
This post has been edited by xnxx: Feb 17 2021, 01:58 AM
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SUSxnxx
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Feb 17 2021, 12:37 PM
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Getting Started
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QUOTE(cmk96 @ Feb 17 2021, 11:56 AM) you haven't understand the difference of trading and investing. trading.... in and out frequently.... can long or short. investing.... hold long term.... long only. Stocks can also me shorted or long ma... |
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SUSxnxx
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Feb 17 2021, 12:39 PM
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Getting Started
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QUOTE(cmk96 @ Feb 17 2021, 12:39 PM) only certain period right? bursa restrict shorting most of the time. Yes |
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SUSxnxx
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Feb 17 2021, 03:49 PM
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Getting Started
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Do you all trade when other Malaysians are sleeping?
Since the market in US opens during 9pm-5am.
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SUSxnxx
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Feb 17 2021, 04:39 PM
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Getting Started
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QUOTE(cmk96 @ Feb 17 2021, 04:23 PM) Not me. Pity those who trade US market time. Different broker, different timeframe? I know there are other markets too, like Sydney and Tokyo. Which market do you trade? I saw that you stated that you've been using XM and Liteforex. How is it? This post has been edited by xnxx: Feb 17 2021, 07:10 PM |
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SUSxnxx
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Feb 18 2021, 11:34 PM
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Getting Started
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Is there anyone using IC Markets?
How is it?
Which account do you use?
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SUSxnxx
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Feb 19 2021, 01:48 AM
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Getting Started
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QUOTE(zamans98 @ Feb 19 2021, 01:34 AM) ICmarkets SC RAW spread, a big high on the commission but many trading pairs especially soft commodities like Coffee cTrader or MT5? Don't you think that both MT4 and MT5 look like something in the Windows XP era? lol I have tried the demo account, but the commission is not the same as the live account. and there are only 4 pairs of currencies in the demo account. Do you use other brokers as well? Does IC Markets follow UK market time or US market time? This post has been edited by xnxx: Feb 19 2021, 02:34 AM |
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SUSxnxx
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Feb 19 2021, 08:45 AM
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Getting Started
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QUOTE(zamans98 @ Feb 19 2021, 07:56 AM) 99% of broker using Israel standard time, GMT+2 I'm using many brokers. If you just wanna eye candy, then Metatrader is not for you. MT4/5 wins at anytime due to its superior support for hundred of thousands EA, Indicators, scripts and other automation. What time in Malaysia do you trade? 9pm-12am? What are the other brokers that you are using? But IC Markets is still cheaper than average brokers right? So I think it’s more suitable for newbies to use MT5? Since MT4 will not be updated What currency do users fund the account? Can I fund with USD even that I want to trade EUR/USD and GBP/USD? This post has been edited by xnxx: Feb 19 2021, 08:51 AM |
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SUSxnxx
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Feb 20 2021, 04:32 PM
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Getting Started
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QUOTE(zamans98 @ Feb 20 2021, 03:26 PM) Personally, no much difference between MT5 vs 4. I suggest MT4. No, it will not die quickly as the economy is rather larger in MT4. I fund broker in many ways. Crypto (BTC, ETH) Direct bank (MYR deposit) Trade time 7am Malaysia time till sleep. U can trade in USD, or EUR or GBP base currency, broker platform will auto convert for u. How long is your one trade? 1 hour or 1 day? So have you withdrawn from your account? How do you transfer? |
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SUSxnxx
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Feb 20 2021, 06:54 PM
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Getting Started
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QUOTE(duplicated @ Feb 20 2021, 05:15 PM) Metatrader is one of the most advanced platform for traders out there. Traders who really do advanced trading don't really care about how it looks, rather they care more about it's functionality. May I ask which broker you use? |
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SUSxnxx
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Feb 21 2021, 10:48 PM
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Getting Started
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.
This post has been edited by xnxx: Feb 22 2021, 02:11 AM
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SUSxnxx
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Feb 22 2021, 03:18 AM
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Getting Started
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QUOTE(xnxx @ Feb 21 2021, 10:48 PM) Okay..... now I already understood the calculation of a position size.... I shouldn’t be confused with the leverage. So, the amount that you would like to risk divides by the stop loss pips. Your one pip is worth that number. But isn’t that a weird way to compute your position? And why many traders love to risk only 2%? This post has been edited by xnxx: Feb 22 2021, 03:18 AM |
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SUSxnxx
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Feb 23 2021, 08:47 PM
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Getting Started
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How to build my own EA(stop loss, take profit)
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SUSxnxx
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Feb 24 2021, 08:42 PM
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Getting Started
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How many years have you lost money?
when you were starting as a beginner in forex trading
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SUSxnxx
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Feb 25 2021, 06:04 PM
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Getting Started
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QUOTE(Supreme1394 @ Feb 25 2021, 02:08 AM) Thank you. Yes, many have even given up halfway before reaching success. They end up thinking forex is a fool's game for retail traders, and maybe rightly so for the majority of retailers. I was also ready to throw the towel many times, but I just knew something had to work, if not the forex market would be dead and not trading billions everyday. What I meant by hardwork, blood, sweat, research, and luck is finding a sustainable objective system + money management combo, that works. Once you've mastered it, no luck is involved, just boring trading. I only ever focused on the G7 currencies, except for eurusd which I hate with a passion. Some people managed to tame that beast though. why do you hate EURUSD? I will start learning this pair soon... 6 years as a part-timer or full timer? This post has been edited by xnxx: Feb 25 2021, 06:04 PM |
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SUSxnxx
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Feb 26 2021, 06:17 PM
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Getting Started
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QUOTE(doomvein @ Feb 26 2021, 05:12 PM) Forex haram. USTAZ LARIBA SAID NOT ME.. a few trillions USD are traded within a day so the whole world haram lo |
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SUSxnxx
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Mar 9 2021, 06:04 PM
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Getting Started
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QUOTE(cmk96 @ Mar 9 2021, 02:29 PM) So many banks out there.... yet you chose PBB. You should read up past comments. maybank ok? HLB ok? |
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SUSxnxx
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Mar 10 2021, 05:53 AM
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Getting Started
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QUOTE(xander83 @ Mar 10 2021, 03:22 AM) Let’s see whether this Thursday bond yields will spike again but JPY a lot of institutional are pricing at 111 to the dollar by May If US bond yields spike That means lesser is holding US bonds So USD will devalue? This post has been edited by xnxx: Mar 10 2021, 05:54 AM |
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SUSxnxx
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Mar 11 2021, 12:33 AM
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Getting Started
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QUOTE(FunnyNinja @ Mar 10 2021, 09:09 PM) Anyone here having problem on accessing ICmarkets website,? https://www.icmarkets.com/It's not reachable Not just ic markets FBS too This post has been edited by xnxx: Mar 11 2021, 03:19 PM |
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SUSxnxx
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Mar 13 2021, 12:58 AM
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Getting Started
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Hotforex good?
Anyone using?
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