Forex Cryptocurrency General Chit Chat Thread 2019

[Yupigr]

Sell USD/JPY at 111.953.

SL @ 112.20.

TP open.

 

[MrPippen]

02:00 USD FOMC Member Kaplan Speaks

Will have any impact or not?!

 

[MrPippen]

02:00 USD FOMC Member Kaplan Speaks

Will have any impact or not?!

bo impact

 

[MrPippen]

Slow day but we get there...we are getting there...we will always get there...be it Power or Powder...we will always get there !!!

Power la....!!!

Power!!!

Your floating losses, if any, are always very low. How do you manage to do that?

 

[MrPippen]

You can see now why patience is of utmost importance for a trader.

All your naysayers have disappeared from the thread..

 

[MrPippen]

Actually there are no floating losses...there are floating gains...or what I like to term profits awaiting determination.

If you look at each pair of binaries and each pair should be taken as ONE position...you will see that at times there is one carrying a loss and the other carrying a profit greater than the loss...so overall it is a profit.

Even if it carries a loss...sometimes both positions can carry a loss...over time that loss will turn into a profit...so it is important to give TIME for the profits to come your way.

Some time in June I will very likely hold a lunch talk in one of my friend's hotels in the city and I will invite like minded individuals to have a better and deeper understanding of why and how money is made from the Forex Markets without the use of charts, analysis, indicators and all the rubbish fake methods out there to just confuse and trick you into losing money.

Just look at the reality.... 95% of traders lose money...97.8% of traders use charts. If you just throw away your charts and just flip a coin to go into the market you have greatly increased your chances of a win...because your odds now is 50% instead of a 95% chance of a loss.

Very enlightening again....your lunch talk can invite me?

 

[MrPippen]

Yes of course...and the lunch is on me

This will be a small group so there will be space for only a few

Thanks for allowing me to be that select few..

 

[MrPippen]

Want to be a Master Trader ??....find the WAY of a Master Trader and follow it !!

Another inspirational saying. Thank you!

 

[revhappy]

Just past $31k on the way to $35k and the KABOOM was nowhere in sight....wonder what happened to it...KABOOM must have gone for a vacation !!!

Why dont you sell now and realize that 31k. Just for one day and then show off. Then take a new position if you want.

 

[IceCreamPoop]

arlo, first time this corner of hwz, pls treat me gently

sum say siam IG, sum say IG lumber 1

Personally i say IB, TOS, Oanda

What do yall think is a good platform to start swing trading forex in, currently using TOS papertrade but time to put in real money.

treatmegentlypls

thanks in advance

 

[soiheardyouwanttobefamous]

have been using oanda for many years, no problems with withdrawals every month, so i feel very safe with oanda

i think those u mention also very good and popular, but no personal experience so no comments.

 

[Mr. Wood]

nxt thur joining oanda free lunchtime trading session. if u guys there too come by say hi.

 

[soiheardyouwanttobefamous]

nxt thur joining oanda free lunchtime trading session. if u guys there too come by say hi.

wah why have such thing? what its about and who its for?

 

[Mr. Wood]

wah why have such thing? what its about and who its for?

usually is for beginners. any decent brokers will have many such free sessions to teach people to trade.
oanda, city index, Philips, IG ...
even traditional brokers ocbc, Vickers oso hav.

dats why I dun understand why ppl want to waste money buy snake oil salesman trading courses.

 

[IceCreamPoop]

So even if IG got some scandal or incident generally still ok to use?

And saded, if it was wed or mon i can go down

but i thurs in camp........

Edit:
curve ball, since all forex main names are rather safe to start with, anyone got any broker to recommend that has sex bomb promotions now

 

[IceCreamPoop]

Ok so do i go down open acc with Oanda at Raffles?

Or just do online

 

[Shiny Things]

arlo, first time this corner of hwz, pls treat me gently

sum say siam IG, sum say IG lumber 1

Personally i say IB, TOS, Oanda

What do yall think is a good platform to start swing trading forex in, currently using TOS papertrade but time to put in real money.

treatmegentlypls

thanks in advance

I think IB's the best bet. (Also I'd say you want to trade futures instead of spot if you're going to do this. You get better funding costs through futures than through CFDs.)

On the way past $32k to $35k .... POWER !!!!

Ooh, that USDJPY strangle is looking rough. What happened to "if one leg is in loss, the other is always in profit"?

Why dont you sell now and realize that 31k. Just for one day and then show off. Then take a new position if you want.

Yep! If you liquidate your entire portfolio and you're able to realize that $31k, without transferring any money into the account, I'll admit you were right and I'll leave you alone in this thread forever.

Otherwise maybe you'll have to admit that that $31k is not profit, because you have option positions against it. We've all told you that you're making a mistake assuming that that $31k is guaranteed profit that you just have to wait for.

 

[atf0007]

On the way past $32k to $35k .... POWER !!!!

Both legs in USDJPY in red liaoz... Those not trained think that small loss onli... But see the notional increased from 160k to 180k... And the put strike rolled out further to Mar. And after this still both legs red red and liability increased. Aiyoh such cheap trick to pretend that still 100% win. Yah loh for now.. Keep saying got spike but position still OK. Actually playing cheap cheap trick. Also 100 pips spike in eurjpy not big deal lah... Wait till vols spike loh... Kaboom. If no spike then u gloat say where got kaboom... Hahaha say that when vols spike loh.. Just because nobody bother respond think you are correct.Only way u know how to respond is say I lose money loh.... But the fact is you kena caught rolling losses and after rolling jpy still lose money. Got 100%? No wonder up to now still dare not show strike and full details. Scarred kena chiat then cannot hide? You show your strikes and we see u manage vol spike then I shut up. Want to convince people do it properly but not by cheap trick lah. Tio boh?
Want to host lunch to sell your service to people say loh. Hhaahahaa kena caught liaoz.

 

[atf0007]

Ok...not keverus...but hey I am great ruler now...all the fakers and talkers now dare not open mouth.

They wait and pray for me to KABOOM but nothing happen...now dare not even whimper.

Limbei holiday shiok shiok... not like someone stuck here to roll losses.
U got balls then go dare people lah. Upto now still hiding. Dare not show strike and details so continue monkey show to say still 100%?

 

[atf0007]

LMFAO... so clear that you are a novice

yah loh I novice - dun know how to use sextant to measure or trade leh.

But you kena liaoz…. caught you rolling over loss and cannot explain your way out.... so such a lousy retort to save face... sure i novice - I dun know can use sextant to trade. but I know you sell strangle is unlimited loss potential, limited premium only.... when vol moves higher, your liabilities get bigger. Fact is fact - roll over losses... if genuine to help people I respect but if dun know your stuff and pretend use compass to measure and trade, then I think those need help better off asking feng shui shifu.

still waiting for you to show the details of your options leh - once you show the details, people will know you roll over losses.... paper cannot wrap fire one... if you got the abilities, people will respect so no need to hide. The more you avoid, the more dodgy your claims of 100%.