*Official* Forex Trading thread.

[awful999]

Normally use 2nd account will be faster. But 1 account you have more control on levels and margin. By the time you clear you will be the USDJPY expert because levels, SNR, characteris all in your fingertips. Hahahaha join the master lock club.

no lah, long way for me to learn and thanks again for your advice

 

[awful999]

while typing, seem like miss the chances to kio USDJPY at 117.25 support level...

 

[Knight_Rider]

while typing, seem like miss the chances to kio USDJPY at 117.25 support level...

no scared no scared cumming currency meter say USD weak Can pending at other people SL level. This trick very important.

 

[xersion]

by adding sub account or MT4 account right ?

No need mah... When u create Mt 4 u can clock hedging

Sent from OPPO X9079 using GAGT

 

[awful999]

http://www.investing.com/news/stock...-higher,-dollar-claws-back-some-losses-449949


Asia stocks mostly higher, dollar claws back some losses

 

[awful999]

No need mah... When u create Mt 4 u can clock hedging

Sent from OPPO X9079 using GAGT

oic, thanks

 

[Optionstrader]

by using just one account, when you hedge, you will square current position, so need to use second account to hedge right ?

One account will do

Sent from Asus ASUS_Z00AD using GAGT

 

[Optionstrader]

no scared no scared cumming currency meter say USD weak Can pending at other people SL level. This trick very important.

Yup pending order

Sent from Asus ASUS_Z00AD using GAGT

 

[rayzzzz82]

Try not to hedge. you are just paying for commission and spread.

If you are not sure, just cut the loss and u start over again. Important is to manage the risk to an acceptable amount. In my opinion, try not to hold a position if you are unsure what to do with it.

There are different strategies depending on one's preference. find your own trading method u like. As long u can maintain it for a considerable amount of time with acceptable risk and return, you are on the right track.

For me, I would usually close the positions within minutes if possible.

For the brokers which I recommend, they are relatively safe, I have deposited and withdraw 50k USD at ICMarkets, Darwinex and Activtrades. Dukascopy is also good but it use JForex, unlike MT4 is not easy to use.

 

[Knight_Rider]

while typing, seem like miss the chances to kio USDJPY at 117.25 support level...

More like you forgot to short at 117.40 Then the gap will be very close. Pending buy at 117.10 2 moves and your stuck trade is clear. Yeah I think you understand my concept more now.

 

[awful999]

More like you forgot to short at 117.40 Then the gap will be very close. Pending buy at 117.10 2 moves and your stuck trade is clear. Yeah I think you understand my concept more now.

I am still trying out way that will suit me ya more understand what you mean now

 

[Optionstrader]

Try not to hedge. you are just paying for commission and spread.

If you are not sure, just cut the loss and u start over again. Important is to manage the risk to an acceptable amount. In my opinion, try not to hold a position if you are unsure what to do with it.

There are different strategies depending on one's preference. find your own trading method u like. As long u can maintain it for a considerable amount of time with acceptable risk and return, you are on the right track.

For me, I would usually close the positions within minutes if possible.

For the brokers which I recommend, they are relatively safe, I have deposited and withdraw 50k USD at ICMarkets, Darwinex and Activtrades. Dukascopy is also good but it use JForex, unlike MT4 is not easy to use.

yup totally agree dont doubt that u deposited and withdraw 50k usd these markets makers are very very rich

 

[Optionstrader]

anyway i just changed my banking details, trying to grow an account

 

[Optionstrader]

simple or complex does not matter wad matters is money in the bank

 

[Optionstrader]

if i can take out 10k usd per month it will outwash uber earnings liao

 

[Knight_Rider]

Try not to hedge. you are just paying for commission and spread.

If you are not sure, just cut the loss and u start over again. Important is to manage the risk to an acceptable amount. In my opinion, try not to hold a position if you are unsure what to do with it.

There are different strategies depending on one's preference. find your own trading method u like. As long u can maintain it for a considerable amount of time with acceptable risk and return, you are on the right track.

For me, I would usually close the positions within minutes if possible.

For the brokers which I recommend, they are relatively safe, I have deposited and withdraw 50k USD at ICMarkets, Darwinex and Activtrades. Dukascopy is also good but it use JForex, unlike MT4 is not easy to use.

That would be an ideal situation. What if you open 10 trades and all go against you? Cut loss and start again? How much can you cut? My philosophy is to never take a loss. Maybe not yours but why give when you can save? What I am sharing is how to save an account in case of emergency. You may not need it now but one day if you trade bigger lot size and the Yen pairs dive 300 pips.......then it would be funny if a top trader doesn't even know how to save his own account.

Actually I share more than I should as a trader only pass his skill to his immediate family members. I paid a lot of "school fees" to know all this skills and I am not being paid here. I dun see anybody else sharing..........

Appreciate if you have a better skill to share then a direct rejection.

 

[rayzzzz82]

if the 300 pips drawdown forms around 50% of your whole account, you need to rethink on your strategy and risk management. risk on one trade with 50% is not feasible in the long run.

I not speaking on the size of the account but rather how to deal with such scenario. Why drag on a single trade if it cloud your mind and u have no idea on what to do next than just dragging it for the whole month? For info, my trading account is in the six figure and my trading size amounts to over 100lots per month (Im not sure if this is considered big or small)

Again, I am sharing here on the basis that too many traders just refuse to cut loss and let that single trade damage their single account. In the midst of holding the trade, psychologically and mentally they are affected.

 

[Knight_Rider]

Seeing all your 81 post you have nothing but complains

http://forums.hardwarezone.com.sg/search.php?searchid=32013341

People post screenshot you complain no myfxbook

Are you trying to show us your trading journal?

If you are still learning, what is the rationale to show us your winning trades? Everyone can do that. So what is your trading rules and risk management? How you set your entry and exit?

Trading forex is not as simple as just showing your floating profit. To me, it just plain showing off and no learning value.

I am trying hard to see all your trading rules and risk management and entry and exit but unfortunately still can't find anything of learning value yet.

Another complain

Again, hang your trades in myfxbook so that people can monitor how u do your trades and your rationale behind it. if u do not want to hang an account with real $, you can always open a demo acc.

I give you screenshot you also come out with some funny excuse but again zero from you. http://forums.hardwarezone.com.sg/money-mind-210/news-trading-system-4777992-2.html

Again ask but never contribute so all in all you just leech and talk big but got nothing to contribute. You just want to copy other people system and if you dun get what you want you just poke them to death. Hahaha people not stupid lah.

http://forums.hardwarezone.com.sg/m...-forex-show-your-myfxbook-record-4611746.html

 

[[M]aiev]

The poker liar.. haha !

 

[Knight_Rider]

Sadly he has no skill to share and only steal ideas.