with the current style i'm trading with..USD$2k is good enough for a mini..i trade on hourly basis, so which ever pair that has a suitable trend, i'll go for it...see my previous post and you'll notice that

hmm...for US$1k..it seems too little for me...i might have 5 position open simultaneously, and i dont really use SL.

Nah..stock market is too slow for me..going through the demo is good to understand how FX works..i'm a greedy person..

these days seems like i've been able to follow my own rules..lol...even wrote it down, and stick it to the wall, with a big "BE PATIENCE!!"

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Added on March 21, 2008, 12:02 ami heard some bank offers leverage for stock options too..but it's only 3:1..not sure bout the margin though...

This post has been edited by small-jeff: Mar 21 2008, 12:02 AM

huuhhu...good lar if u can follow d rules all d time..


yar.. stock market is abit slow coz normal people dun use margin acc... IMHO, for stock in local bourses not adviceable to use leverage/margin acc coz risk r too high...not worth it...

i act decided to put 3k usd but not gonna use it too much.. jus as back up from been triggered margin call... but at 1st, mayb transfer 2k usd 1st.. coz dats d minimum money needed to open acc at ODl... uhuhhu

arrgg... need to wait few more hours b4 GU makin big move...

This post has been edited by low yat 82: Mar 21 2008, 12:20 AM

Wow Jeff.. USD 2k Is big amount for me

Anyway...for me, I still hv to keep on learning and at the same time save some money...

...Forex must Greed at the rite time and patience.... then like George Soros.. broke the Bank of England.. 2 billion into his pocket.

Patience! Patience! Patience! Patience!


@ Lowyat 82

Yeah...I have to agree with you Stock market really a place to learn Patience


Good Luck and grab the chance!

This post has been edited by siaokia: Mar 21 2008, 12:23 AM

if u open micro acc, u dont need that much money though...

hmm.. wonder when i will bcome like george soros,..hahaa

i think FXCM only requires $250...but anyone opens a live with $250 is totally insane, unless they plan to open one position (10k) per day, and expecting instant profits.

to me, $2k is just good. Usually my used margin is bout $250-$500, which gives me mininum of $1500 usable margin.

ODI? is it better than FXCM? gonna find a good platform soon..how much is the fund transfer cost per transaction?

its ODL.. not ODI


of course FXCM is better.. profit damn much higher than ODL... transfer cost? if u maybank i thikn around 25usd gua...

btw, FXCM already got metatrader?

@Lowyat 82 & Jeff

Have to agree tat Micro account.. $250 is really too few to start. I start at $100 and burned my account.... never try never know... so ppl who try at $100 then got to have very very good discipline ... don't be like me

Moral of the story.. back to Demo account try bck... and notice have to at least USD 1k to start up..

Don't Quit and keep on trying and learn from mistake.. I believe there will be a day for us to success.

At least we are still young to try out..

@siaokia, , uuuhhuhuh agree..


btw, if u wan check how much ur broker eaenin, can check here... FXCM is havin damn alot profit... http://www.cftc.gov/marketreports/financia...rfcms/index.htm

He is Smart..

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Added on March 21, 2008, 12:39 amThanks for your great info...

This post has been edited by siaokia: Mar 21 2008, 12:39 AM

hahahah.... shud put my face

well...if i were to start a micro acc, i'll put up $200...since each pip cost $0.10.

Honestly, until today, i still havent get to understand what metatrader is..lol..been too focus on all the indicators and candlesticks..

P/S: i would like to use FXCM's DailyFX+

This post has been edited by small-jeff: Mar 21 2008, 01:12 AM

metatrader jus like normal tradin platform... some people like use it coz it can add many kinds of plug in indicators.. but for me, coz i alrady biasa moreover, onli few tradin platform can fullfill my volume requirement.. huhuhu

i think fxcm has it. but the indicators i used are rather the most simple ones..

what do you mean by fulfilling your volume requirement? use lots of indicators?

coz i use volume spread analysis...its usefull to forecast buyin climax/sellin climax/bla bla bla... d volume is actually generated from d server of d broker itself..


volume actually can use as 2nd confirmation... like a type of indicator...

Just want to know, how many of you here migrate from KLSE?

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Added on March 21, 2008, 12:55 pmso so only. Make profit a little bit more than losses.
Not like what i envisage when i first join FOREX.

This post has been edited by woopypooky: Mar 21 2008, 12:55 PM

hmm? how did you lose?

i just follow my signal. and of course its not correct all the time. 50% of time is losses. but i still win a little bit cos i let my winners ride.

hmm..anyone here a full-time trader? wondering whether it's possible to quit my job and do full-time trading..

im one of them...huuhuh

hmm...from ur post u can invest usd2k isn't?
if u can make 70% out of it...then for sure u can be full time trader....