Forex/Cryptocurrency General Chit Chat Thread

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havetheveryfun

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Only if you make the right bet. For me I play NO STOP LOSS. Position may recover in days, weeks or months. Longest duration I held till recovery is 1 year. :s13:

Most Forex traders only hold positions intraday time frame.

You no conviction in your no stop loss on TRY.. if not now recover already + earned swap :(
 

Mr.Canberra

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You no conviction in your no stop loss on TRY.. if not now recover already + earned swap :(

Yes it recovered to pre EM currencies rout price level. :s13:

Boh bian in August I was low on bullets + humji (after account #2 exploded -US$5000) so decided to close EUR/TRY short position. :s22:

I still have not recovered the losses from account #2 yet! :eek: You just reminded me! :D
 

Calpha K

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Any thoughts on Copy trading?

Would copy trading on successful traders offer better profits than DIY?

What kind of stuff should I be mindful of other than the fact that these traders would also lose sometimes.
 

jacky5297

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Nothing, other than they all lose eventually.

Any thoughts on Copy trading?

Would copy trading on successful traders offer better profits than DIY?

What kind of stuff should I be mindful of other than the fact that these traders would also lose sometimes.
 

havetheveryfun

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Any thoughts on Copy trading?

Would copy trading on successful traders offer better profits than DIY?

What kind of stuff should I be mindful of other than the fact that these traders would also lose sometimes.

thing is those very successful traders wont bother with copy trading because it takes too much effort, time and other problems.

If they are successful, they can easily get just 1 big client and trade for them. If they do copy trading, they become answerable to tens or hundreds of people, and its different. Being answerable to just 1 person is much easier than being answerable to tens of ppl, as the person copying also needs to understand and believe in the style of trading he is copying.
 

dexboi

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Screenshot obtained from my Hong Kong Investment Banking Partner.
oYBhSihl.jpg

What kind of investment banker is this? Green candle for a "loss" closing and red candle for a "gain" closing??? :s22:
 
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Pampers

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Anyone also looking at AUD and NZD? Wonder how’s the outlook on these considering they’ve fell this far
 

Mr.Canberra

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USD/SGD

USD/SGD just broke below 1.37. Good for dip buys.

The weakness will be short lived as month end demand for USD is strong.
 

Mr.Canberra

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Before I go Jiak Hong also, 1 hard truth for Mr Actblurinvestor -

The truth is those who ownself talk to ownself could be a sign of mental illness. Go on jiak hong trip is a good path to recovery. Instead of talking to ownself can talk to birds, cats, dogs, tortoise, fish, etc. And their greatest fear is seeing a psychiatrist.

Trade Safe

PS: I will wait for you to upload new photos of your hao lian jiak hong trip.
 
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Mr.Canberra

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Mr.Canberra Forex Trading Performance 2018 (Nov)

____________________________________________________________
COMMENTARY

Month on month performance deteriorate a lot. From Oct's S$4845.13 (ROI 9.32%) to Nov's S$664.66 (ROI 1.17%).

As the regular readers may already know I post my monthly performance for all to see be it profit or loss. No such thing as 100% win rate as professed by jiuhu snake oil salesman Knight_Rider! Together with hao lian trader blurinvestor and keverus (dormant) these three clowns will consistently ridicule/insult me.

The reason is very simple. Either they are numb nuts retards or I have stepped on their toes for showing others you can trade you own way without taking their courses or buying software. Readers can make your own conclusions. :s13:

You guys can see why until now I did not call out FCS for being a snake oil salesman because he isn't. FCS has even called out these clowns numerous time to show their P/L but all they can do is talk big. These clowns will not stop their barrage of vile attacks against me as long as their bottomline is hurt. And I will make sure it does!

NO STOP LOSS strategy is still in effect. Do not attempt this if you have diabetes, high blood pressure or cardiac ailments.

Wish all traders have a huat week!

------------------------------------------------------------
TOTAL CONTRACT SIZE: US$610,000

UNREALISED VALUE (LOSS) OF POSITIONS: -US$23,000 <-Chua sai psychological barrier broken.

~'QE' stimulus target US$1 Million balance sheet. No set deadline and not affected by Fed balance sheet reduction schedule.
~Partial asset rotation from CNY Fixed Income to Forex Trading in 2018 due to consistent increased ROI.


------------------------------------------------------------
PROFIT & LOSS (REALISED) 2018

30/06/16 - 30/06/17: S$4003.67 [2016 ROI 27.61%]
31/07/17: S$1264.09 [Jul ROI 8.42%]
31/08/17: S$5806.60 [Aug ROI 35.69%]
30/09/17: S$4157.42 [Sep ROI 15.94%]
31/10/17: S$1944.68 [Oct ROI 5.85%]
30/11/17: -S$1843.27 [Nov ROI -5.24%] <-Drunk trading. One off folly.
29/12/17: S$1299.92 [Dec ROI 3.90%]
31/01/18: S$1565.13 [Jan ROI 4.52%]
28/02/18: S$1706.80 [Feb ROI 4.72%]
30/03/18: S$1325.68 [MAR ROI 3.50%]
30/04/18: S$3922.76 [APR ROI 10.00%]
31/05/18: S$6448.37 [MAY ROI 14.94%]
29/06/18: S$3323.92 [JUN ROI 6.70%]
31/07/18: S$2715.15 [JUL ROI 5.13%]
31/08/18: -S$3875.34 [AUG ROI -6.97%] <-EM currencies rout.
28/09/18: S$225.65 [SEP ROI 0.44%]
31/10/18: S$4845.13 [OCT ROI 9.32%]
30/11/18: S$664.66 [NOV ROI 1.17%]

LIFETIME PERFORMANCE SINCE JUN 2016 (29 MONTHS)
219.45%

STRATEGY: CARRY TRADE/NO STOP LOSS
____________________________________________________________
 

Mr. Wood

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Before I go Jiak Hong also, 1 hard truth for Mr Actblurinvestor -

The truth is those who ownself talk to ownself could be a sign of mental illness. Go on jiak hong trip is a good path to recovery. Instead of talking to ownself can talk to birds, cats, dogs, tortoise, fish, etc. And their greatest fear is seeing a psychiatrist.

Trade Safe

PS: I will wait for you to upload new photos of your hao lian jiak hong trip.

:s13::s13:
 

Mr. Wood

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Huat ah! this week many uncles speaking:s12::s12:

Mon Dec 3
*8:30am AUD Building Approvals m/m
AUD Company Operating Profits q/q
5:30pm GBP Manufacturing PMI
7:30pm USD FOMC Member Clarida to speak in an interview conducted by Bloomberg TV & Radio;
9:00pm USD FOMC Member Quarles to speak about the economic outlook and monetary policy at the Council on Foreign Relations

11:00pm USD ISM Manufacturing PMI


Tue Dec 4
8:30am AUD Current Account
11:30am AUD RBA Rate Statement
AUD Cash Rate
5:15pm GBP BOE Gov Carney to testify, along with three BOE Deputy Governors, about the Brexit Withdrawal Agreement before the Treasury Select Committee
5:30pm GBP Construction PMI
11:00pm USD FOMC Member Williams Speaks

Wed Dec 5
2:00am GBP MPC Member Vlieghe Speaks
8:30am AUD GDP q/q
4:30pm EUR ECB President Draghi Speaks
5:30pm GBP Services PMI
9:15pm USD Fed Chair Powell to testify on the economic outlook before the Joint Economic Committee of Congress:s12:
USD ADP Non-Farm Employment Change
11:00pm CAD BOC Rate Statement
CAD Overnight Rate
USD ISM Non-Manufacturing PMI
11:30pm USD Crude Oil Inventories

Thu Dec 6
8:30am AUD Retail Sales m/m
AUD Trade Balance
9:15am USD FOMC Member Quarles Speaks
5:05pm AUD RBA Assist Gov Debelle Speaks
All Day All OPEC Meetings
6:00pm GBP MPC Member Ramsden Speaks
9:30pm CAD Trade Balance
9:35pm CAD BOC Gov Poloz Speaks

Fri Dec 7
1:15am USD FOMC Member Bostic Speaks
7:30am USD FOMC Member Williams Speaks
7:45am USD Fed Chair Powell Speaks
8:00am JPY Average Cash Earnings y/y
9:30pm CAD Employment Change
CAD Unemployment Rate
USD Average Hourly Earnings m/m
USD Non-Farm Employment Change
USD Unemployment Rate
11:00pm USD Prelim UoM Consumer Sentiment

Sat Dec 8
1:00am USD FOMC Member Brainard Speaks
 
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