Which forex platform are you using and are you happy/unhappy?

[Sinkie]

Everyday can make how much in FX?

 

[AhGuan]

Everyday can make how much in FX?

" The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home some money every day, as though they were working for regular wages. "

Reminiscences of a Stock Operator, page 22

 

[Jah_rastafar_I]

been to many forums and even Jimmy Wong has been proven to be a fraud...............majority of students if not all are losing money..............negative comments are deleted from his facebook page...............then he try to get students to attend more of his bootcamps............up to 15k some students paid.......................also students from China, Vietnam, etc etc all bashing him for poor attitude and poor results..............

Mario singh is a total clown...............

jimmy wong has won many awards though

https://www.facebook.com/JFLennonFX/photos


he did have some students who went against him and how he chastized them on his fb page

Quite interesting to read

https://www.facebook.com/JimmyFX

 

[Confuseous]

So any of you ever visited forex schools opened by fake gurus like shit skins kishore and mario or better ones like say jimmy wong, turtle traders, terraseeds?

Websites to learn forex are babypips and forex factory.

Another good learning site: learntotradethemarket.com - more than 60 free training videos.
No need to attend all those BS forex schools.

 

[singham]

how is the brokerage fee for every individual broker?

 

[Troll]

Can the platform or broker cheat you in any way, like bucketing, rigging the forum with great comments, etc, etc...

If your broker is a Market Maker, they can trade against you. Not that they want to eat you, but they have to. Remember, when somebody want's to buy, the broker has to sell, and vice versa. So they are always at the opposite side of the table. Also the MM is able to see where all the pending orders, stop losses, take profits are clustered.

Which is why your stop losses are almost certainly going to be hit before the market turns in your favour, and the price is almost certain to turn just before your take profit level is hit.

In my private capacity, I'll say go with a STP broker, while the spread is higher at least they don't have a dealing desk to trade against you, giving rise to a potential conflict of interest. Otherwise, my recommendation is be really disciplined, and trade defensively. If you have the discipline, you should be able to trade with a mental stop and take profit, this virtually eliminates the possibility of having your cards shown to the broker.

Then again, if you do not have the discipline and the right mindset, even having stop losses & take profits also no use, you should stay away from trading.

 

[Troll]

how is the brokerage fee for every individual broker?

That is one question that is quite impossible to answer. If you have to ask, you are probably a complete noob in forex market. The charges varies depending on the type of brokers you are dealing with. There are basically ECN, STP or Market Makers out there. Go and google these if you are interested.

If you need to be spoon fed, then you just don't have the mental fortitude to trade anything.

 

[Troll]

jimmy wong has won many awards though

https://www.facebook.com/JFLennonFX/photos


he did have some students who went against him and how he chastized them on his fb page

Quite interesting to read

https://www.facebook.com/JimmyFX

At the end of the day, there is no such thing as a "Guru" who can teach you the "secrets" to always profitable trading.

I have been a money manager for banks for years, having spending a large part of my career trading commodities, stocks and currencies.

All these so called Gurus like to market their "special" method, formulas and combination of indicators and strategies. But bear in mind it is very easy to spot the entry and exit with historical charts, and anybody can be a self proclaimed "Guru" after a while. Even I could be one with my years of institutional experience, but I really have better things I rather do with my free time. Like come in here to TCSS.

In real life, you are always trading against the hard right edge, and NOBODY has a formulae that can tell you the next series of candles is going to be up or down. The only secret if I may share, is all in the timing of the day, which day of the week and month, and after spending enough time in front of the screen you'll automatically just have the knack for feeling the market. Everything else is BS.

 

[Jah_rastafar_I]

Another good learning site: learntotradethemarket.com - more than 60 free training videos.
No need to attend all those BS forex schools.

At the end of the day, there is no such thing as a "Guru" who can teach you the "secrets" to always profitable trading.

I have been a money manager for banks for years, having spending a large part of my career trading commodities, stocks and currencies.

All these so called Gurus like to market their "special" method, formulas and combination of indicators and strategies. But bear in mind it is very easy to spot the entry and exit with historical charts, and anybody can be a self proclaimed "Guru" after a while. Even I could be one with my years of institutional experience, but I really have better things I rather do with my free time. Like come in here to TCSS.

In real life, you are always trading against the hard right edge, and NOBODY has a formulae that can tell you the next series of candles is going to be up or down. The only secret if I may share, is all in the timing of the day, which day of the week and month, and after spending enough time in front of the screen you'll automatically just have the knack for feeling the market. Everything else is BS.

Yup no need to attend just asking the opinions of you guys and how come this fella jimmy somehow is able to avoid getting caught out.

 

[palden]

Nobody using CMC? Any difference between CMC and Onanda? Any other platform have stock, forex and commodities all in one?

 

[singham]

there is no harm using a platform that is based in another country if its cheaper and has good reliability!

 

[GOD IS MY DOG]

i tot jimmy wong had his results proven by the law firm lee and lee and also he's famous appeared with some actors and actreeses and has fast cars etc

so far the forums i've been to including review websites have everyone complaining his methods only lose money for them and the fat fuck scold them somemore when they complain............

anyway, his course start at 5k and add in the 2 bootcamps he try to psycho you to join up..................15k total.........


seriously, if he's so damn awesome in trading, no need to waste time coaching people all over southeast asia and even China liao..............

if he wanna help people learn to trade..............won't charge people 5k and ask them join bootcamps for extra 10k liao...........


if his awesome results are proven, he can join JP Morgan or Goldman Sachs liao...............or he can go into fund managing.............or at least into mirror-trading..............

 

[Jah_rastafar_I]

so far the forums i've been to including review websites have everyone complaining his methods only lose money for them and the fat fuck scold them somemore when they complain............

anyway, his course start at 5k and add in the 2 bootcamps he try to psycho you to join up..................15k total.........


seriously, if he's so damn awesome in trading, no need to waste time coaching people all over southeast asia and even China liao..............

if he wanna help people learn to trade..............won't charge people 5k and ask them join bootcamps for extra 10k liao...........


if his awesome results are proven, he can join JP Morgan or Goldman Sachs liao...............or he can go into fund managing.............or at least into mirror-trading..............

Agree with you but then why is his school still open? How did he get Lee and lee to notarize the results? Is it just a quesiton of money?

 

[Sinkie]

Oanda is a good FX broker. In my opinion, it could be the strongest.

Traders may also consider IG and Saxo.

Avoid FX brokers without Singaporean presence at the moment =)

With the exception of IB

Nin Nah Ma, ask you a simple question why you said "avoid FX brokers w/o SG presence at the moment" and you went crawl back to your stinking cheebye hole. In future, if you cannot provide FACTS, stop posting rubbish here.

 

[Sinkie]

" The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home some money every day, as though they were working for regular wages. "

Reminiscences of a Stock Operator, page 22

If everyday cannot make money, then play FX for fuck?

 

[singham]

how can they make market in forex, forex average transaction is estimated to be trillions of dollars. if it's stock market, i believe but i don't think so in forex.

If your broker is a Market Maker, they can trade against you.

 

[Dark Knight]

Is there really a forex broker house in Sillypore who is not a market maker?

I was told that those price you see in your chart provided by those broker is not really real-time
and those price are set by the broker who is trading against you.

 

[singham]

you can always compare the chart with other online providers, right...!?

Is there really a forex broker house in Sillypore who is not a market maker?

I was told that those price you see in your chart provided by those broker is not really real-time
and those price are set by the broker who is trading against you.

 

[Dark Knight]

you can always compare the chart with other online providers, right...!?

You will only be trading based on the chart and platform that is supported by your broker who is the market maker.
This will not be real-time as the price will be set by them.

 

[singham]

hey, dude, i mean that you can compare the charts from other providers to see if your current one is cheating...no... why??

You will only be trading based on the chart and platform that is supported by your broker who is the market maker.
This will not be real-time as the price will be set by them.