*Official* Forex Trading thread.

[Mr.Canberra]

quite true, that why I am thinking to concentrate more on index, and forex scalping when I am free and boring

so far index future got more profit then forex and spend less time

Yes Forex trading is good if you have a lot of time to kill. Take it as like video gaming.

The swap will kill u first

he use philip no swap, just commission

Carry trade can be perpetual? Non commission account no need to pay swap?

 

[awful999]

Yes Forex trading is good if you have a lot of time to kill. Take it as like video gaming.


Carry trade can be perpetual? Non commission account no need to pay swap?

yes, just like playing game, click and click


for Philip or local broker, mostly need to pay com and no swap, just that future have expiry date, actually you can look at index CFD which no expiry date but wider spread if you want.

 

[Mr.Canberra]

CFD

for Philip or local broker, mostly need to pay com and no swap, just that future have expiry date, actually you can look at index CFD which no expiry date but wider spread if you want.

Just read up a bit on CFD. It seems there is a daily finance cost. This is quite little compared to the gains.

I just make some simple calculation. If you profit a peanut 10 points from an index. Your gains after commission is about US$250 for 1 contract. Haha but of course if you lost 10 points you lose US$250 also.

Damn good for scalping and as the same strategy for Forex. The game is to win more than you lose. Just pay per turnaround commission will do.

 

[awful999]

Just read up a bit on CFD. It seems there is a daily finance cost. This is quite little compared to the gains.

I just make some simple calculation. If you profit a peanut 10 points from an index. Your gains after commission is about US$250 for 1 contract. Haha but of course if you lost 10 points you lose US$250 also.

yes, there is finance cost on CFD but is really little but I still prefer future index over CFD index as the price is direct from the exchange, the CFD index is consider money maker which mean control by the broker, that why they can make the spread wider and wider lolx

 

[Mr.Canberra]

yes, there is finance cost on CFD but is really little but I still prefer future index over CFD index as the price is direct from the exchange, the CFD index is consider money maker which mean control by the broker, that why they can make the spread wider and wider lolx

Yes that is why I see liao the CFD Futures daily finance cost is really peanuts.

Ok now I undertand liao. Will follow you play Phillip Futures instead of CFD since you give thumbs up. I will contact my broker to activate the Futures portion soon.

 

[awful999]

Yes that is why I see liao the CFD Futures daily finance cost is really peanuts.

Ok now I undertand liao. Will follow you play Phillip Futures instead of CFD since you give thumbs up. I will contact my broker to activate the Futures portion soon.

but hor, philip got the most expensive com for future at the moment , i got CIMB which is chepaer by half but the platform I dont like to use, that why stick to philip currently.

 

[Mr.Canberra]

but hor, philip got the most expensive com for future at the moment , i got CIMB which is chepaer by half but the platform I dont like to use, that why stick to philip currently.

By the way can you please give an example how much the commission is for 1 contract with Phillip Futures?

Thanks and I shall go down CIMB open one Forex/Futures account. Extra Forex account is for betting against my other trades. Haha.

 

[Mr. Wood]

play futures jsm!

 

[Mr.Canberra]

Futures

play futures jsm!

Come join us. Don't shy.

OK my broker just called me. He emailing me some forms.

This thread will probably rename to '*Official* Forex/Futures Trading' soon hahaha.

 

[Mr. Wood]

Come join us. Don't shy.

OK my broker just called me. He emailing me some forms.

This thread will probably rename to '*Official* Forex/Futures Trading' soon hahaha.

wait for chiu to set up course leh.
"Forex No stop loss + Futures" ftw

 

[Mr.Canberra]

wait for chiu to set up course leh.
"Forex No stop loss + Futures" ftw

Futures no stop loss damn scary leh!

 

[Mr. Wood]

Futures no stop loss damn scary leh!

really, any1 gotch good futures brokers can teach properly one anot?
not those "gurus" course must spend money and no guarantee one...

 

[LucentFX]

Quiet day.

Let's take some time to look at "compounding interest", one of the greatest invention ever.

Here's an example of small capital, hugh return. Let's see if we can achieve this.

30% monthly return, compound it for 2 years. The rest is history. (Change the "year" to "month").

Hope to see someone achieving it.

 

[Mr. Wood]

Quiet day.

Let's take some time to look at "compounding interest", one of the greatest invention ever.

Here's an example of small capital, hugh return. Let's see if we can achieve this.

30% monthly return, compound it for 2 years. The rest is history. (Change the "year" to "month").

Hope to see someone achieving it.

monthly 30%?

 

[awful999]

By the way can you please give an example how much the commission is for 1 contract with Phillip Futures?

Thanks and I shall go down CIMB open one Forex/Futures account. Extra Forex account is for betting against my other trades. Haha.

SImsci - S$10
Twi,dow,S&P,NQ from US$12 - US$15

 

[xersion]

30% per annual.... Where to find such products

Sent from OPPO X9079 using GAGT

 

[awful999]

30% yearly is like god level liao

 

[LucentFX]

30% monthly.
I saw posting of profits vs capital used.
30% monthly is possible via this platform, however, consistently 30% month in month out is the challenging part.

 

[Mr.Canberra]

30% per annual.... Where to find such products

30% yearly is like god level liao

30% returns per month which means 360% ROI p.a.!

Have one instrument that can give you such returns.

Bitcoin!

30% monthly.
I saw posting of profits vs capital used.
30% monthly is possible via this platform, however, consistently 30% month in month out is the challenging part.

If one can get 30%/monthly returns in 6 out of 12 months is considered genius liao!

 

[awful999]

30% monthly.
I saw posting of profits vs capital used.
30% monthly is possible via this platform, however, consistently 30% month in month out is the challenging part.

30% monthly not yearly, wow