Forex Mt5 VPS

[Cashflow202]

I'll give you an irresponsible alpha

short usdcad at this time of posting

you are welcome


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[blurpandasg2014]

Is there an automated way to let things run

 

[rider83]

I am in desperate need to earn a second income. Can no longer survive on my 9-5 job

Thinking of trading forex/metals on the side line.

Come share what vps and specs you use for your EAs. How many can your vps support

**I'm new to trading and have only tried the free AWS tier and burst the quota. Now looking for a vps

Before we even talk about profit and loss, do you understand margin? Do u know that even if the market didnt move much, u may be forced to cut loss and close your position

 

[Lifeinmotion]

There's no need for VpS or EA.

Just short BTCUSD. Thank me later.

 

[xcodes]

Is there an automated way to let things run

yes there is ... but it's best you learn the basic first ... this is because what if the EAs that you bought doesn't work anymore, what should you do after that? there's no shortcut bro ...

 

[xcodes]

Before we even talk about profit and loss, do you understand margin? Do u know that even if the market didnt move much, u may be forced to cut loss and close your position

if there's +ve swap, still ok to hold on a sideway market ... if it's -ve swap, then it's burning money every day with market is not moving much ...

 

[xcodes]

I'll give you an irresponsible alpha

short usdcad at this time of posting

you are welcome

I would rather stay sideline given there's an USD economic news coming out in an hour's time ...

 

[Cashflow202]

I would rather stay sideline given there's an USD economic news coming out in an hour's time ...

Haha it's already volitile on my side so I can give irresponsible advice

 

[Lifeinmotion]

if there's +ve swap, still ok to hold on a sideway market ... if it's -ve swap, then it's burning money every day with market is not moving much ...

That's why I like to short BTCUSD overnight.

Separately.
The yen carry trade unwinding will start to see some great movement this year.

 

[xcodes]

That's why I like to short BTCUSD overnight.

Separately.
The yen carry trade unwinding will start to see some great movement this year.

what broker do you use? how's the spread like for BTCUSD?

 

[randyap]

Speculation is not for the desperate. Take the money, go for a holiday trip to make yourself happy and come back and thank us for the golden advice.

 

[Lifeinmotion]

what broker do you use? how's the spread like for BTCUSD?

Not convenient to say here. Our dear friends at MXX has been enforcing their hold on oversea brokers. As all oversea broker with SG are not legal in their eyes. Enough SG trade there they like to shut it down.

Spread is tight. You know A and B books ?

 

[xcodes]

Not convenient to say here. Our dear friends at MXX has been enforcing their hold on oversea brokers. As all oversea broker with SG are not legal in their eyes. Enough SG trade there they like to shut it down.

Spread is tight. You know A and B books ?

ahhh ... got it ... already got one kena banned because they refuse to abide by MXX rules ... so it's better not to mention here ...

know a little about A and B books ... B books are more common but eventually A book ones should be the way I guess ...

 

[Lifeinmotion]

ahhh ... got it ... already got one kena banned because they refuse to abide by MXX rules ... so it's better not to mention here ...

know a little about A and B books ... B books are more common but eventually A book ones should be the way I guess ...

Most forex trading are "fake" for retail traders. You don't actually buy/sell any currency. You are just playing like tickets or up and down positions using CFD.

Real forex needs a lot more cash. And you are charge commission. Most non commission forex trading are the "fake" trading. And also they will always trade against you because statistically retail traders will be on the wrong side.

 

[wongminmin]

Please read the 77 pages before u jump off.....
https://forums.hardwarezone.com.sg/threads/consolidated-cashflow202s-trading-journal.7092590/

 

[Cashflow202]

Please read the 77 pages before u jump off.....

https://forums.hardwarezone.com.sg/threads/consolidated-cashflow202s-trading-journal.7092590/

if no read jump off may your eyes open wide open

read jump off you have permission to have your eyes closed in peace.


Read HWZ Forum Rules!

 

[xcodes]

Most forex trading are "fake" for retail traders. You don't actually buy/sell any currency. You are just playing like tickets or up and down positions using CFD.

Real forex needs a lot more cash. And you are charge commission. Most non commission forex trading are the "fake" trading. And also they will always trade against you because statistically retail traders will be on the wrong side.

yes you are right ... but if trade along, still can make profits (or losses) ... as most of the retain traders are just shrimps rather than whales like George Soros's level ...

 

[Lifeinmotion]

yes you are right ... but if trade along, still can make profits (or losses) ... as most of the retain traders are just shrimps rather than whales like George Soros's level ...

Definitely can make good money (or vice versa). Forex can give you daily allowance if you know how to weld it.

It is just a tool. Use the one that you have the most advantage with.

There are many ways to skin a cat. And there are really good traders out there.

 

[blurpandasg2014]

Before we even talk about profit and loss, do you understand margin? Do u know that even if the market didnt move much, u may be forced to cut loss and close your position

Margin is using a small capital to leverage. As long u don’t use martingale and incremental lot size, shouldn’t it be safe enough if using cents account

 

[rider83]

Margin is using a small capital to leverage. As long u don’t use martingale and incremental lot size, shouldn’t it be safe enough if using cents account

Give you a quick understanding the risk of margin....

Say you put $10k inside, u go buy like 5 or 6 lots... When your unrealised PNL suddenly hit $8k. They can force close your position and you are suddenly left with only less than $2k funds inside your account with no position to recover your loss later. Go figure this first