*Official* Forex Trading thread.

[dolph001]

hope everyone huat from the volatility of NFP

Closed my long USDJPY liao

 

[awful999]

hope everyone huat from the volatility of NFP

Closed my long USDJPY liao

oh I thought you said next week then close ? huat enough liao ? haha

 

[Average]

din trade tonight...

Sent from 穷小子 using GAGT

 

[ChiuSiaoRiao]

1 Lot = $100,000
1 Mini Lot = $10,000
1 Micro Lot = $1000

so if buy 1 mirco lot of USD/JPN cost how much?
I read guides on how to calculate but still dont understand.

 

[[M]aiev]

so if buy 1 mirco lot of USD/JPN cost how much?
I read guides on how to calculate but still dont understand.

aiya dun be confused about this and that la. Below $1000 account also can be used to trade FX.

 

[Daimon]

All of us have GPGT our trades before liao.

You may want to GPGT your trades so we can start interact with you. Otherwise you will continue talking to yourself on this thread.

GPGT

 

[neoartz]

so if buy 1 mirco lot of USD/JPN cost how much?
I read guides on how to calculate but still dont understand.

Formula : ((((Currency pair quote) * (lot size) * (number of lot purchase)) /100) /leverage number) * Currency pair base quote against account currency

Account: SGD
Currency pair trade: USD/JPY
Leverage: 20:1

Example: ((113.840) * 1000 * 1)/100) / 20) * 1.42 = 80 SGD to open a USD/JPY micro lot

 

[Daimon]

so if buy 1 mirco lot of USD/JPN cost how much?
I read guides on how to calculate but still dont understand.

Learn by doing. I have not read any FOREX or Technical Analysis books in my entire life.

 

[Daimon]

din trade tonight...

Sent from 穷小子 using GAGT

Forex trader must be alert 24 hours

 

[awful999]

so if buy 1 mirco lot of USD/JPN cost how much?
I read guides on how to calculate but still dont understand.

cant give you good advice as I am noob , but better go and read up or go for coures if possible to understand the risk and technical, not everyone is like Diamon....

 

[Daimon]

cant give you good advice as I am noob , but better go and read up or go for coures if possible to understand the risk and technical, not everyone is like Diamon....

Learn to trade like Master Soros

Be psychopathic. Pain is nothing.

 

[ChiuSiaoRiao]

Thanks all for the advise. Only played demo account so far.

 

[Daimon]

Thanks all for the advise. Only played demo account so far.

Start small amount.

A lot of tricksters in Forex market.

You will learn a lot when you fall into their sucker trap.

 

[neoartz]

Tonight bulls not that gaolat
Looks like ppl are very focus on the Italy referendum

 

[awful999]

push back to 113.8....add oil

just now got one trade want to put stop loss instead i goto click sell limit, omg..i always have this kind of mistake even in stock trading...alamak

 

[awful999]

push back to 113.8....add oil

just now got one trade want to put stop loss instead i goto click sell limit, omg..i always have this kind of mistake even in stock trading...alamak

tonight full of excitment

 

[neoartz]

push back to 113.8....add oil

just now got one trade want to put stop loss instead i goto click sell limit, omg..i always have this kind of mistake even in stock trading...alamak

Same. just now i wanted to open sell but end up i go and click buy End up it dropped 60 pips and i have to open another long @ 113.425 to reduce the impact

Opened a LONG @ 113.847. (Wanted to sell but click wrongly kns)
Opened another LONG @113.425

At least now breakeven lol.

 

[awful999]

Same. just now i wanted to open sell but end up i go and click buy End up it dropped 60 pips and i have to open another long @ 113.425 to reduce the impact

Opened a LONG @ 113.847. (Wanted to sell but click wrongly kns)
Opened another LONG @113.425

At least now breakeven lol.

wasted the earn pips, haha

 

[neoartz]

wasted the earn pips, haha

haha nvm lah..got good and bad trades.
Tonight really very volatile.

 

[Mr.Canberra]

haha nvm lah..got good and bad trades.
Tonight really very volatile.

Haha what a twist of events for some. Oh my gosh your weekend Dim Sum money gone!

Press wrongly when trading is call "Fat Fingers".

On a serious note USD/JPY price is whipsawing.