@Small Jeff
How much u plan to start with ?

Now I plan to start with USD 1k and focus on only 1 pair.. XAG/USD

May I know ..Normally you Diversify or Focus and which pair ?

@Lowyat 82

XAG/USD is Silver pair...

If you want the feeling... try Forex ... the feel is better than stock market.. hahaha.. Roller Caster!

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

@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..

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

Depend on which country having holiday.. for this good Friday we have major country having holiday. GB NY and Sydney ..bank is close .. then market have slower move..

less ppl goin to trade as a respect toJesus Christ?

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Added on March 22, 2008, 5:43 pm@ Small-Jeff..

For me i'll keep my day job at 1st.. as During Asian Season .. the trade Volume is low.. means market move less...West country start at 4pm and 10 pm we can do it as part time after working hour.. when everything going well and expect.. then only Quit the day job.. Thats my plan..

This post has been edited by siaokia: Mar 22 2008, 05:43 PM

My advice is plan your trade, discipline and be consistent... Millionaire in on the way....

1st.. Find a system that work with you and test it at least few months or 3 fold your demo account at the same time ...save up some money to open an account.

2nd.. Once done your research, the system you test work perfectly then time to apply it to the real account and Be discipline.

3rd.. Remember.. you are not compete with anyone..you do this for yourself ..free yourself from employment and have more time with family.

4th.. Once earn, REMEMBER to gv bck to Society or to God at least 20 percent and you will be bless.


Ok Done.

For example...Let said you start with USD 100 only.

Plan your trade... 100-200 pips/weeks.. Once reach this target close your account and spend your time with family/ friends and don't over trade.

With USD 100 ==> Set 1 Pip = USD 0.10
With USD 1000 ==> Set 1 pip = USD 1.00
With USD 10000 ==> Set 1 pip = USD 10.00


Keep on and on... you will reach USD 1k one day.

Make sure u know what you are doing... don't simply open a position


It is like a fisherman go to sea to fish .... In the sea (Forex Market)... we got lots of fish(Money) ..
There got many type of fish (Different pair) like Cencaru, Siakap, Bawal, Sharp , whales and list to go... Each Fish have its own characteristic ..so may be you can make a net ( ur system ) to catch those fish...

Once ur boat is full ( meet your target of the weeks ) then you have to go back home to empty ur boat and come again next day... Fish in the sea still in the sea .. it won't run away...

You can't catch and catch untill ur boat is overload ( overtrade ) then ur boat will sink...u lose all.. even your own boat ( Ur deposit )

.....

Just my Humble opinion... Good luck trader!

Oh yeah.... Go go go! Discipline& money management is everything!