*Official* Forex Trading thread. (DYODD advised) - Part 2

[kannis_ng]

Have...
T*****K H******S
In fact, many times.

Ubs me till lynch leema bros

 

[awful999]

looking to short TWI, simsci shorted

 

[Perisher]

ya.. no stop loss is a valid strategy but it takes a lot of balls or maybe if u don't leverage so much so that you can top up enough for margin calls then ok..

its like if USD/SGD is 1.35 today and 1.20 next week.. it is quite impossible that it wont go back up to 1.35 unless something major happens to the US.. so u just long it and wait and wait for it to go back up, even if it drops down from 1.20 to 1.10 , it also doesn't matter because it will definitely go back up eventually

easy to say but not easy to do also, cos once u long it at 1.20 and it drops to 1.10 u will be pissing ur pants seeing the red

but what I don't like is the holding cost while u wait for it to go back up..

ya, was thinking, there will be cost involved with holding too long.

 

[havetheveryfun]

ya, was thinking, there will be cost involved with holding too long.

u can use traditional acc to buy forex i think.. but either the commission is also high or u have to buy a lot at once

 

[Mr.Canberra]

Swap Interest

but what I don't like is the holding cost while u wait for it to go back up..

ya, was thinking, there will be cost involved with holding too long.

Whether you receive or pay swap interest will depend on if position is short or long.

LONG | SHORT
___________________________________
AUD/USD: GAIN PAY
NZD/USD: GAIN PAY
EUR/USD: PAY GAIN
USD/CAD: GAIN PAY
USD/CHF: GAIN PAY
USD/JPY: GAIN PAY
USD/SGD: GAIN PAY
-----------------------------------

 

[ExtremeWays]

UOB if go down to 1250, 1270 for contract

How much to buy uob gold?

 

[xersion]

How much to buy uob gold?

What is your question?

Sent from OPPO X9079 using GAGT

 

[ExtremeWays]

What is your question?

Sent from OPPO X9079 using GAGT

Minimum lot for uob gold?

 

[awful999]

How much to buy uob gold?

https://uniservices1.uobgroup.com/s...r_prices.jsp?s_pid=HOME201205_eg_quicklnk_ql8

you can check on this link, may be can go for 1kg

 

[xersion]

Minimum lot for uob gold?

My Bro had replied u... Base on grams...

Sent from OPPO X9079 using GAGT

 

[kakkowarai]

dollar cost averaging? Buy some every month haha for gold i meant

 

[Mr.Canberra]

Physical Gold

https://uniservices1.uobgroup.com/s...r_prices.jsp?s_pid=HOME201205_eg_quicklnk_ql8

you can check on this link, may be can go for 1kg

Even though I am a big fan of physical gold but it is the worst form of investment and cannot leverage. Only good for the following.

1) Anticipate financial system or government collapse
2) WW3
3) Need to run road

One kilobar at S$55,942. With that amount I can open one mega lot (US$1 Million) on the Foex market liao.

 

[awful999]

Even though I am a big fan of physical gold but it is the worst form of investment and cannot leverage. Only good for the following.

1) Anticipate financial system or government collapse
2) WW3
3) Need to run road

One kilobar at S$55,942. With that amount I can open one mega lot (US$1 Million) on the Foex market liao.

lolx, one more, 4) can be paper weight

 

[Mr.Canberra]

Physical Gold

lolx, one more, 4) can be paper weight

Only tycoons will use gold bar as paper weight. Put that amount of money in a savings account can earn even more haha.

 

[kakkowarai]

How about buying cryptocurrency instead of gold?

 

[awful999]

Only tycoons will use gold bar as paper weight. Put that amount of money in a savings account can earn even more haha.

you already said liao, if Tycoons, what is 1kg bar haha, may be can buy more to stack and become pillow

 

[xersion]

lolx, one more, 4) can be paper weight

I use peddle from park

Sent from OPPO X9079 using GAGT

 

[Mr. Wood]

Even though I am a big fan of physical gold but it is the worst form of investment and cannot leverage. Only good for the following.

1) Anticipate financial system or government collapse
2) WW3
3) Need to run road

One kilobar at S$55,942. With that amount I can open one mega lot (US$1 Million) on the Foex market liao.

Mr Canberra is indian? whai chiu like gold so much?

1. Major gov will not collapse easily. evy1 dependant on evy1.
Donald scratch Abe's back, Abe scratch Xi's back, Xi scratch May's back
Jibkor and small lee polish their boots

 

[Mr.Canberra]

Physical Gold

Mr Canberra is indian? whai chiu like gold so much?

Eh deh you do not have to be Indian to love gold dah.

You ever hold gold bars in your hands before?

During when you are very young and if a Transformer toy is placed on your hands do you feel happy? Fast forward to adult life and the feeling is exactly the same when you hold physical gold bar in your hands. It is a spiritual thing that makes you temporarily forget about other issues. More like a therapeutic experience for me haha.

 

[Mr.Canberra]

EUR/USD

EUR/USD will shoot up later when London session opens. Keyword Catalonia.