Want to learn Forex Trading under a Mentoring Programme? Please view my post at http://forum.lowyat.net/topic/952838

Well, you will need to know if you are qualify to join us first before knowing the fee. After you know you are qualify, we will tell you more about our group and the fee, it is still up to you if you want to join us. Send me your detail then we talk.

Scalping is like gambling. IF you want to be Professional Forex trader, you should really quit.
I learned that a professional Forex Trader sees all timeframe and determine the right direction, and he know when is the best entry and exit. He does not trade everyday and enter a trade only when he is very very sure.
To me, small timeframe is like gambling also as there is too much noise and it is not the major direction. Unless you know the major direction and use some small timeframe to pick up a good entry.

This post has been edited by theDoy82: Mar 4 2009, 09:21 AM

We are naked traders but trade Forex with clothes on.

Trend is your friend. We only enter when we know the direction.
Risk to reward? Hm... If I say it is 99.99% winning, then you will said it is impossible. So, i better not answer your question. Methods are dead, the trader who enters the position is not. No matter how accurate are the methods, without the correct psychology, you will lose money.

eg: When you are taught on certain rules of entry, you saw that trade satisfy all the rules and you entered and you lose money. You blame the rules are not working. Hei...did you check if that trend is almost exhausted before enter? or did you put a tight stop loss that hit your stop before the trend goes your way.. There are many more psychology issues..

That is the reason why you see so many Traders failed. Because It is 90% psychology and only 10% methods of trading.

I don't need to prove anything. If you do not trust me, just ignore me then. I can see your mind is corrupted by a lot of false information.

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Added on March 4, 2009, 2:05 pm50-50 is gambling, not trading.

This post has been edited by theDoy82: Mar 4 2009, 02:05 PM

Sorry I am not good in those terms. I do not study CFA and etc thing.
I thought you meant you want to have at least 1 winning trade compare with 1 losing trade. if that so it is only >=50% of winning. The worst case is every 2 trades you enter you will have 1 winning and 1 losing. Am I right?

To us, it is not enough. I don't want to say we have how many straight wins and etc. As if I type here, I will get backfire like "show me your result" or "prove it" or etc things.

The bottom line is we are looking for positive people that trust us and we will show your our group information step by step. I never mention that you need to give me RM 10k before I tell you any information about my group. You will not lose anything by staying positive.

Oh... ok my bad. I think I am not even the basic Forex term memorizer.

An top engineering graduate is currently making a RM3k salary. A university drop out like Mr Bill is an billionaire.... Hm... I wonder why? Classic example on Learning how to do business from a business studies lecturer?

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Added on March 4, 2009, 3:13 pmIf babypips is really enough, why so many Lowyat forumer is not a millionaire yet? Knowing the information and knowing how to apply the information are 2 different thing. Like you want to plan to do a business but procrastinate to take action, you will never succeed.

But I am agree with you that, guidance by a professional traders/fund manager is very important. Look at Robert Kiyosaki, his mentor is his rich dad. Look at Tiger Woods, his mentor is his coach. Look at Warrent Buffett, one of his mentors is Benjamin Graham and Look at many other successful people around the world. They all share a common thing. They all have a mentor. Is this a coincident? I dont think so.......

This is what we are offering right now. It is not a course, it is a mentoring programme, Long Live Mentoring Programme. If you are skeptical about this. I will advise you to stay away. If you are positive and are willing to know more about what our group is doing. Well, we will welcome you warmly and let you know more information.

This post has been edited by theDoy82: Mar 4 2009, 03:13 PM

You misunderstood my meaning, I would like to say Babypips is not enough. That's it. OK, fine. I take take back the millionaire statement. I said before that forex trading needs time to learn may be 3/4 years, provided that you are following the right people and with the right psychology.

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Added on March 5, 2009, 12:32 amGood luck in your scalping technique then. Oh.. I am not good in money management and I am still learning... so I think I need to learn from you. I hope you are happy now. Put on 84 sma in EU see the monthly chart. Sorry, no fundamental in our group.

This post has been edited by theDoy82: Mar 5 2009, 12:32 AM

Hm... I wonder why ar...... I thought Fundamental should be the one moves the currency...... thinking very hard now... Since I am so dumb..... Hm.. may be I need 1 full night to think about that.