*Official* Forex Trading thread.

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Mr. Wood

Mr. Wood

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USD/JPY
5s0g14Z.jpg

Not considering any fat boi playing fire crackers or unker sam announcements :s13::D

who want sell underwear follow?

disclaimer: this is not buy or sell call. :D
 
Mr. Wood

Mr. Wood

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Mr.Canberra said:
Jin power! Equity balance US$98,676!

Are you going to inject stimulus package? :s13:
Click to expand...

Not so much la. not $98k. :s22: I think broker count in leverage. :s13:
dunwan to put up white paper to finance minister to get QE or stimulus pack. :s13:

still learning about fx... beginning nia.
 
awful999

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Mr. Wood said:
Not so much la. not $98k. :s22: I think broker count in leverage. :s13:
dunwan to put up white paper to finance minister to get QE or stimulus pack. :s13:

still learning about fx... beginning nia.
Click to expand...

newbie play so big ? wow...got 100k capital, -3k really is nothing, imagine if use to scalp, everyday 2K income ...lolx
 
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Mr.Canberra

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awful999 said:
newbie play so big ? wow...got 100k capital, -3k really is nothing, imagine if use to scalp, everyday 2K income ...lolx
Click to expand...

Haha if US$2000 profit per day. 20 trading days a month = US$40,000. 1 year = US$480,000. Haha salary even higher than mid size company CEO! :eek:

Yes for scalping must use higher quantum for quick bucks. But of course the risk is higher also.

1 standard lot if scalp 1 pip = US$10
10 standard lots if scalp 1 pip = US$100

With 10 standard lots if scalp peanuts amount of 10 pips a day = US$1000! :eek:

Bagging 10 pips a day is easy. :D

If I play 10 standard lots (US$1 Million) with no stop loss strategy I need to pump in at least US$100,000 as equity balance to use as margin to withstand a buffer of 1000-2000 pips unrealised loss.
 
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awful999

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Mr.Canberra said:
Haha if US$2000 profit per day. 20 trading days a month = US$40,000. 1 year = US$480,000. Haha salary even higher than mid size company CEO! :eek:

Yes for scalping must use higher quantum for quick bucks. But of course the risk is higher also.

1 standard lot if scalp 1 pip = US$10
10 standard lots if scalp 1 pip = US$100

With 10 standard lots if scalp peanuts amount of 10 pips a day = US$1000! :eek:

Bagging 10 pips a day is easy. :D

If I play 10 standard lots (US$1 Million) with no stop loss strategy I need to pump in at least US$100,000 as equity balance to use as margin to withstand a buffer of 1000-2000 pips unrealised loss.
Click to expand...
But I Dont think I will play this way for this capital haha, risk too high to me
 
awful999

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Mr.Canberra said:
LOL can it be higher risk than stocks and bonds that go to zero when company goes bankrupt? :s13:
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Haha, every Instrument got different risk, that why to me I need to diversify, cannot put all egg in one basket, although my income this year mainly from trading, I still dare not to put more capital on trading yet as i am still learning.
 
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Mr.Canberra

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awful999 said:
Haha, every Instrument got different risk, that why to me I need to diversify, cannot put all egg in one basket, although my income this year mainly from trading, I still dare not to put more capital on trading yet as i am still learning.
Click to expand...

Watch Channel 8 前线追中 now. Topic is about problem gambling.

This Ah Pek like to play 老虎机 to destress. 老虎机 and casinos are the worst 'scams' ever. You are guarantee to lose in the long run. When you take out $100 to play 老虎机 or table games. You must in your mind to write off this amount immediately. :D

Obviously the Ah Pek needs to open a Forex account to destress instead. :s13:
 
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awful999

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Mr.Canberra said:
Watch Channel 8 前线追中now. Topic is 阿伯utproblem gambling.

This Ah Pek like to play 老虎机 to destress. 老虎机 and casinos are the worst scam ever. You are guarantee to lose in the long run. When you take out $100 to play 老虎机 or table games. You must in your mind to write off this amount immediately. :D

Obviously the Ah Pek needs to open a Forex account to destress instead. :s13:
Click to expand...

:s13: ya forex scalping is so much better then 老虎机
 
I

iamveryguailan

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awful999 said:
Haha, every Instrument got different risk, that why to me I need to diversify, cannot put all egg in one basket, although my income this year mainly from trading, I still dare not to put more capital on trading yet as i am still learning.
Click to expand...
Just curious, what is your absolute earnings from forex and index YTD?
 
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