Thanks.

How's OANDA's support with PayPal? Is it smooth and fast?

correction, "Personal" investment is not taxable, but business may be subjected to depends on the investment nature .....

Pretty good, i withdrew twice and i think they processed it the next business day and i think you get the funds on the same day if i remember correctly.

It's only the paypal to your bank account part that takes a bit longer.

if u TT more than 10k ringgit to oversea, u need to declare & masuk statistik in Bank Negara, of coz if u transfer alot eg. few 100k per month then maybe BNM will call u to clarify

if u make money & transfer back to malaysia then LHDN will come interview.. of koz if everybody is making money then LHDN will start taxing forex gain

i downloaded his strategy, members can download here

not sure if its guaranteed as his claim, try it on demo first & trade at your own risk.





Attached File(s)
 spotfxtradingstrategies.pdf ( 134.85k ) Number of downloads: 85

thanks for the reading material.

We welcomed any shared information, links etc.

But please don't spam all over the finance section to promote your or the website.
Consistently doing it again, warning and banning will be issued.

Blah this blah that...

Everybody wants quick money. You guys really believe sifus out there never lose before? Must be kidding me. EAs, STRATEGIES? ETC?

Nothing's more valuable than consistent monitoring of the markets behavior.

There's no LAZY way to riches. Whoever gave an idea that FX is as easy as 123 must be high or must be insane.

Word of advise: you want to make money, learn how to accept small losses and learn your mistakes.

God/Tuhan/TIN will only bless those who's hardworking, not those who leech off unknown people's idea and concept.

yea
if you did make money without any knowledge then you're lucky.
but just like gambling, it's what happens in the long run that counts.
winning 1-2 times doesn't make you a genius.

but it's a well worthy investment if you're planning to master it and do it well.
sure beats serving ice blended coffee at starbucks during the weekend

Guys, I want to create a new account to learn forex trading but I am not sure what are they asking in the screen below:



"Select the leverage for your account:

10:1
20:1
30:1
40:1
50:1
"

What is the meaning of this?

get the highest possible number..probably 500:1...it'll make money fast

highest leverage can open more position, if margin call.. highest leverage will hit first.

looks like i have to learn this trade la. started of by attending a course last weekend. hopefully i can learn from u guys..

my first question : how do you declare your income in the EA form?

This post has been edited by ajay67: Feb 2 2009, 09:49 AM

Income? Are u mean forex gains or your fulltime job salary?
If is forex gains then it is not taxable. So no need to declare for income tax.

There are many websites that show you all investment related information for example www.investopedia.com
Leverage details: http://www.investopedia.com/terms/l/leverage.asp

This post has been edited by dreams_achiever: Feb 2 2009, 01:05 PM

i mean forex profit. of course my current salary i know la. but if u guys doing full time forex traders no need to declare tax at all? i think u still need to submit yearly tax form, i mean legally?

Y would you think so far le? If able to make a high profit. Wat to fear about the taxes?

who said about fear? i want to make some income with it & want to be law abiding citizen la, that's all

Haha, tat's great. Juz take the first step and earn the money first. Taxation we think later. LOL

just declare it in ur EA form.. it should not be taxable..

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Added on February 2, 2009, 7:55 pm@mph
yo bro.. seldom c u active here n our discussions d.. been busy?

This post has been edited by kelvin_tan: Feb 2 2009, 07:55 PM