IMHO, there always a diffrent between real money wit virtual n tradin small lots wit big lots...

demo is just to test ur tradin system n risk management....

i would suggest after u comfortable wit d tradin platform n ur tradin skill, use a lil bit of money to trade...

means u use d wrong system.. or u holdin on ur losses when u act need to cut loss accordin to ur tradin plan..

mind show some pic.? wat 4th chart?

ooo..

i actually open 2 shorts position... wit drawdown of -125pips n -86pips...uhuhuh...

im not too worry about GJ goin down... jus that d rollover intrest rate r killin me softly

wat other indicator to change? no lor.. IMHO, its better u master 1 system than havin noe this system abit that system abit...

dunno much ab FA sorry bro... btw, wats NFP??

but, it seems like d data r unexpected due to total opposite from forecast... so,i think its a bearish thingy..


jus close 1 short position for GJ... still got another 1...

dun go for north finance... jus my 2 cents... its not registered company in belize city,... email them, but didnt reply me when i ask ab their registration...

i act vry satisfied wit their service... fast execution n flat spread... but they didnt even registered in belize city... its same to say its a company yg tidak berdaftar dengan kerajaan tempatan!!

wow.. u really bc to where u begin.. same wit me also currently still holdin my shorts for GJ... 400+ pips...

huhuuh... do u think so? i doubt that though..

if not mistaken people said GJ is vry influence by stock market.. for now DJI 12000 support had been broken... its most likely continue to go south...

IMHO, if u noe EW, i think it will benefit u as it can forecast when its gonna b trend change...anyway, there is so many ways, but i dunno its ok or not... u can try out candlestick analysis or bar chart analysis or MA(as support n resistance) or anything u comfortable wit... above all, risk management still is d most important, it will determine how long u will b in busines of forex..

to safe ur leg from been eaten by shark, u can actually use triple frame comfirmation...


at least forex is better than stock.. coz u cant see how many traders r quein for that certain price...if u can see how many people q'n, u scare out of shit...

edited: IMHO, u can look at volume as double confirmation.... i think u can hav a read a book titled Encyclopedia of Chart Patterns... its a good book, although d research is done in stock market, i belief it can b use in forex as both also invovle human emotion...

This post has been edited by low yat 82: Mar 19 2008, 10:13 PM

go babypips.com

if u really interested, i belief u can pick up slowly urself... we all were act still learnin

diffrent people difffrent risk it can take.. u try demo acc n u will figure out how much is enough...treat it as real money...

if u ask me, 70% is a good record... but when does d back test done?i mean d date d test been conducted? wats d biggest drawdown? biggest profit?


WMA if not mistaken is more prone wit whipsawed,... mayb u need confirmation like candlestick analysis? or pivotal point analysis.. dunno...

edited: mIssfROGY, good luck to u too

This post has been edited by low yat 82: Mar 20 2008, 01:30 AM

huhuhu...HOLY GRAIL system a...i doubt it exist.. if got, no need put cut loss lor...

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Added on March 20, 2008, 1:53 ammy metatrader dun hav fibonacci retracement of 123.6%/138.2%/150%

how to add this o?

This post has been edited by low yat 82: Mar 20 2008, 01:53 AM

wow.. thanks man!!!

how's ur tradin? im in process of openin real acc

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Added on March 20, 2008, 10:21 pm@small-jeff, nice stuff....

if u free, mayb u wan to back test it n do a complete research on it... IMHO, Mechanical Trading Systems-Pairing Traders Psychology with Technical Analysis by richard l. weissman is a good book to start with.. anyway, dats d onli book i read ab how to do thorough research

This post has been edited by low yat 82: Mar 20 2008, 10:21 PM

dunnoo... u can try find e book well, dats d powerr of internet wat...

y not try awhile stock market... to get d feelin of makin / losing money... not really expensiv though... buy 1 lot(100unit), d min charges for buy n sell is around rm24 for hong leong.. d main objective is to get d real feelin of emotion control..

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Added on March 20, 2008, 11:16 pmwat is XAG?

This post has been edited by low yat 82: Mar 20 2008, 11:16 PM

ic... XAG /USD is silver pair...

huhuh... d feelin of forex of course much difficult to handle.. thats y i said try much less roller coaster feelin stuff... coz forex uses margin meanwhile local stocks(normal acc) not...

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

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

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