actually adam do u have an aim when u trade ? (eg +1% of ur total account a day? )

when u guys transfer ur money into ur forex account.. do u guys take ringgit n convert to usd ? or the bank automatically does it for u?

is there a foreign currency account? i didn't know that.. how do i set up one? and which banks offer such accounts? because when funding my account.. oanda requires the funds to be transferred in the same currency as the live account.. so if i'm using USD for my fxtrade.. i have to send USD.. i can't send MYR T_T ...

thanks lowyat i wil go to the bank and c how do i proceed..

@jbb_lkh
many thanks for that comfirmation.. but i dont have usd2000 T_T heh but helpful nevertheless as i was going to enquire.. Maybank needs USD1k.. i think i'll stick with maybank

@lowyat82

not sure hwo much to maintain.. i know when start need USD1k la.. ><

@howszat
yes i discovered that also after talking with the people at maybank.

haha adam i guess u made ur day by scalping.. USD120 in the morning and 205 now =)

i think he meant 3 hours ago mayb?

@adam
what is causing the more bloodshed for euro? i know the USD is gaining due to the government taking over freddie and fannie.. but why more bloodshed speciffically for euro?

no such thing hypoppers or we would all be so rich counting our money... y not u start off at www.babypips.com/school

ur not going to fund ur account anymore cyaoping? mayb back to demo and later try it out again ? what platform were u using and how much have u burned?

On a side note i just funded my account with oanda today.. ^^

This post has been edited by kelvin_tan: Sep 9 2008, 03:13 PM

@lowyat82
well part of me is still not confident as in demo.. i dont feel a thing when i make a loss.. using real money is another question.. But in terms of demo i'm profitable already so i think i'm a rdy to try live account.

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Added on September 10, 2008, 8:36 am@mphpopular

how come ur charts for GU is based on years? how did u do that? what platform or charting software is that?

This post has been edited by kelvin_tan: Sep 10 2008, 08:36 AM

Is the US financial sector still having problems? its like one after another.. today lehman's in trouble.. what else is coming down?

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Added on September 10, 2008, 11:04 am@victor
i suggest u censor ur name and account number when posting your account summary to avoid any potential problems in the future..
in any case ur profitable..60% return on investment within 2 months.. thats good.. but consistency matters.. keep it up =)

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Added on September 10, 2008, 11:23 amFor those of u that have live trading accounts.. i deposited money n paid for the Wire transfer fee already.. but somehow when oanda received my funds they deducted a further USD10 for wire transferring fees. Is this normal ?

This post has been edited by kelvin_tan: Sep 10 2008, 11:23 AM

pardon me for my lack of knowledge but what is MBS? ><

company is based in canada, they accept deposits on most major currencies such as USD,GBP,CAD,CHF and so on. For more info you can checkout their website at www.oanda.com

Regarding how to start trading the process is very tiring and complicated. First the creation of a live account. Then verification of live account based on TWO documents such as IC, Drivers license, Credit card bill and so on.

After verification, deposit money to them. Depending on what currency u wish to deposit, your money may deposited in different banks. For example, i deposited USD and my money is currently being held in JP Morgan Chase in New York. After depositing you are required to fill in a form to notify oanda regarding your deposit. If u fail to notify them the funds will just be sent back to the original account. There is no branch in Malaysia though.

ouch? they charge usd30 ?
what bank did u use for local bank ?

anybody thinks euro will continue dropping below 1.4 ?

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Added on September 10, 2008, 6:36 pmedit.. 1.41 > < seems to be a support line on 1.41.. minor one though..

This post has been edited by kelvin_tan: Sep 10 2008, 06:36 PM

EU still seem to be unable to breakthrough 1.41

could it be that they r recovering ?