Yeap, I'm working on improving my RR

Ratios & Harmonics: a Different Way to Trade

url Sorry for the late reply, here is one setup I'm trading, RR is 1.8 initially. Along the way, pattern may prompt me to take profit early, then RR will not be 1.8 anymore.

Ratios & Harmonics: a Different Way to Trade

Hello Mr. Pip, thanks for the reply. Currently I take setups that have at least RR of 1 initially. But since I tend to change my stop and target based on chart pattern and momentum of price action, the actual RR of my last 100 trades was only 0.91 ...

Ratios & Harmonics: a Different Way to Trade

Happy new year everyone! I'm trading with similar method, may I compare results with you guys? My win rate for last 100 trades was 56% only, means 56 winners, 44 losers. I wonder if this is normal?

Ratios & Harmonics: a Different Way to Trade

Did a withdrawal on Thursday night. Got the fund in my Singapore account on Friday. Fast service. Thanks Fxcm!

FXCM Discussion

Nice thread, thanks for taking time to help us newbie here.We newbies were constantly mislead on how trading is really like. After hitting walls for many years, i finally got to know trading is not a get rich quick business. It's not a business that ...

Just a bit of advice, for anyone, for free

Thanks Skenobi & Okie dokie, This is a question I always want to ask as well. Thanks for sharing, appreciate it very much :-)

Malaysia central bank states Forex is illegal

Basically you are shorting AUD heavily and long JPY. Why not just short 1 baby AUDJPY? No need to take care too many babies, more efficient. maybe you have your own reasons. :-). Nice setup thou.

Malaysia

Fellow Malaysians, My trading account is in US dollar. I'm thinking to switch it to Aud. Because I think audmyr is near long term support, and usdmyr is near long term resistance. Do you guys have the same view? What do you guys do if you have the ...

Malaysia

Hi Jason, I have an account with IBFX australia, and also an account with FXCM. By 20th Sept, IBFX aust is going to shutdown, it will be transfered to FXCM aust. That means I will have 2 accounts with FXCM, possible to combine them? Or I have to ...

FXCM Discussion

The only way to have high probability TP is to have a very wide stop loss vs TP. That means you can have 0 loss for a few months, but when shit happens, ( it never fails to happen), it will wipe off a few months of profits as well. :-)

Is anyone here an institutional trader?

Traderrolf, your thread is one of the most honest thread about trading in FF. I wish I have read this kind of thread earlier to know the nature of this business. Especially the statistic part. :-)

Trading around the world

Thanks for sharing your journal TraderRolf. I have been studying money management lately as well, and find it very interesting. I use excel to do some simulation with "Discrete Random data generator" function. Here are some results that I got. Want ...

Trading around the world

Thanks Jacob & Skenobi, From 1mil to 25mil in a span of 12 years, that's 34% compounding annually. That sounds reasonable. :-)

Is anyone here an institutional trader?

Im just a small retail trader. So there are a lot of things that I don't understand. Do you mean you were given a fund of 1 million. And they want you to turn it to 25mil in a year? That's 2500%!!! Are you serious or I'm getting it wrong...

Is anyone here an institutional trader?

Thanks for sharing your experiences! It's always interesting to know how is it like trading for institutions. Regarding an increasing target every year, the target is set by % of return or actual $? if its %, is it possible to keep increasing? ...

Is anyone here an institutional trader?

OK! Now everything is cleared! So tak payah takut! Let's go Teh Tarik! :-)

Malaysia

[quote=pcalrose;7463645] This company has been giving training seminar for years. Don't think it's illegal dude. :-) url

Malaysia

I'm just joking, no one is going to tangkap anyone.

Malaysia

I tried, no one is going to respond, because we are trading forex in Malaysia. Semua takut kena tangkap. Lol

Malaysia