So, finally I am able to call myself a trader. It took me almost 3 years to have a clear view on trading.
Worth it? Totally. Those hours that I spent on charts paid off. I can see a decent setup(s) for profitable trades everyday. I would say, there would be at least 4 nice setup with max stop losses of 10-13 pips, with a potential reward of 20 pips and above.
It's time for the next phase; the EQ phase. To be a successful trader EQ is as important as the TA(technical analysis). What differentiate a good and great trader is emotions.
See you soon people. XD
Sunday, December 13, 2015
Saturday, October 4, 2014
Forex Cash Rebates Up to 80% For
For those trader who want to maximise their money, they should join this Cashback Forex program.
With Premium Trading, you will save up to 80% of paid spread or commission! A broker will pay you remuneration as spread fraction or commission for each transaction of yours. In turn, Premium Trading will rebate you up to 80% of our remuneration.
What is the difference between opening an account with Premium Trading or directly, you get absolutely equal trading conditions. Premium Trading never extend spreads or charge extra commissions!
Normally a premium is paid from 5th to 15th day of the next month. For more information on premium payment term, go to the broker’s description page by clicking on Get a Premium.
For those trader who want to maximise their money, they should join this Cashback Forex program.
With Premium Trading, you will save up to 80% of paid spread or commission! A broker will pay you remuneration as spread fraction or commission for each transaction of yours. In turn, Premium Trading will rebate you up to 80% of our remuneration.
What is the difference between opening an account with Premium Trading or directly, you get absolutely equal trading conditions. Premium Trading never extend spreads or charge extra commissions!
Normally a premium is paid from 5th to 15th day of the next month. For more information on premium payment term, go to the broker’s description page by clicking on Get a Premium.
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| Sample Of Premium Trading Payment |
Wednesday, May 21, 2014
Choosing Forex Broker
Choosing a broker can be very tricky. I'm gonna explain what a the criteria that should be considered before choosing a broker.
The first and the most important is the spread.
There's 3 type of spread; Fixed, ECN, and Variable.
Fixed Spread usually have 3 spread on the pairs. So let say you buy EURUSD at 1.300(says the spread is 3), immediately you will lose 3 pips the moment
you enter the trade. You need to wait the price to go up by 3 Pips just to breakeven. You might think this is not a big deal right? But imagine if you
do 100*1.00Lot*3spread, you'll lose about $300 just because of the spread!.
Variable Spread is a dynamic spread. It goes lower during peak hour and wider during non-peak hour. At an average of 1 pips or lower, it is easier to
breakeven (just 1 pips away). So lets say you make the same transaction at 1.300(buy). You just need the price to goes up by 1 pips to make it breakeven.
In this case, you only lose $100 (100*1.00Lot*1spread).
ECN spread is the the tightest spread there is because it's basically are the rates given by the bank. It is transparent, very fast execution and no requotes.
The only downside is that ECN charge a considerably high amount of commission from the trades.
FIXED (Spread=3) Variable (says Spread=1)
BUY 1.300 Buy 1.300
Price goes up by 4 pips Price goes up by 4 pips
Close deal = 1.301 (profit +1pips) Close deal= 1.303 (profit +3pips)
Slippage/requote and trade execution. This is an equally important for trader. We don't want to get slippage during news/peak hours. Basically slippage is just the difference of prices that you get from the price that you requested.
Swap.Swap is the interest that you earn/pay when you hold a position more than 24 hours and it is counted daily. If you are a swing trader(traders that hold position for more than 2/3 weeks it is a great idea to apply for a swap free account to maximise your profit.
Withdrawal fees is another thing to be consider. The lower the better. Some broker have a minimum withdrawal amount and withdrawal fees. Try to apply for broker that have lowest charges for both.
Personally, i like EXNESS. It offers a variable spread, swap free(it's based on the country that you live), and have various ways of withdrawal and no withdrawal fees.
The first and the most important is the spread.
There's 3 type of spread; Fixed, ECN, and Variable.
Fixed Spread usually have 3 spread on the pairs. So let say you buy EURUSD at 1.300(says the spread is 3), immediately you will lose 3 pips the moment
you enter the trade. You need to wait the price to go up by 3 Pips just to breakeven. You might think this is not a big deal right? But imagine if you
do 100*1.00Lot*3spread, you'll lose about $300 just because of the spread!.
Variable Spread is a dynamic spread. It goes lower during peak hour and wider during non-peak hour. At an average of 1 pips or lower, it is easier to
breakeven (just 1 pips away). So lets say you make the same transaction at 1.300(buy). You just need the price to goes up by 1 pips to make it breakeven.
In this case, you only lose $100 (100*1.00Lot*1spread).
ECN spread is the the tightest spread there is because it's basically are the rates given by the bank. It is transparent, very fast execution and no requotes.
The only downside is that ECN charge a considerably high amount of commission from the trades.
FIXED (Spread=3) Variable (says Spread=1)
BUY 1.300 Buy 1.300
Price goes up by 4 pips Price goes up by 4 pips
Close deal = 1.301 (profit +1pips) Close deal= 1.303 (profit +3pips)
Slippage/requote and trade execution. This is an equally important for trader. We don't want to get slippage during news/peak hours. Basically slippage is just the difference of prices that you get from the price that you requested.
Swap.Swap is the interest that you earn/pay when you hold a position more than 24 hours and it is counted daily. If you are a swing trader(traders that hold position for more than 2/3 weeks it is a great idea to apply for a swap free account to maximise your profit.
Withdrawal fees is another thing to be consider. The lower the better. Some broker have a minimum withdrawal amount and withdrawal fees. Try to apply for broker that have lowest charges for both.
Personally, i like EXNESS. It offers a variable spread, swap free(it's based on the country that you live), and have various ways of withdrawal and no withdrawal fees.
Wednesday, September 11, 2013
iPhone 5S, verdict?
Apple announced their new line of iPhone last night (Malaysian time). Yeah yeah, new iPhone again.
So.... What's new? Should i change? What's the killer feature? What i like the most in this coming 5S is the Fingerprint Sensor. You might ask, that's it?
Lets take a look. You know how annoying it is to type password every single time right? Plus with grown numbers of users in the world they got to create a safer password (longer/alphanumeric) to avoid your account being hacked. Imagine you can do all your transaction with just a verification of thumbprint? Cool isn't? All your social network passwords, banking passwords, application passwords, All they need just your thumbprint, which you wont forget or lost :p. I don't know bout you but i have so many accounts that i sometimes forgotten about it. Thus this feature make my life much easier by not have to remembering all the password. It seems that the rest of competitor (S**S**G) will adapt this technology soon and claim they invented it 5 years ago (pun intended).
So.... What's new? Should i change? What's the killer feature? What i like the most in this coming 5S is the Fingerprint Sensor. You might ask, that's it?
The sensor integrated in the home button
Lets take a look. You know how annoying it is to type password every single time right? Plus with grown numbers of users in the world they got to create a safer password (longer/alphanumeric) to avoid your account being hacked. Imagine you can do all your transaction with just a verification of thumbprint? Cool isn't? All your social network passwords, banking passwords, application passwords, All they need just your thumbprint, which you wont forget or lost :p. I don't know bout you but i have so many accounts that i sometimes forgotten about it. Thus this feature make my life much easier by not have to remembering all the password. It seems that the rest of competitor (S**S**G) will adapt this technology soon and claim they invented it 5 years ago (pun intended).
iPhone 5S come with 3 different colours.
Tuesday, September 10, 2013
Sky Trex Shah Alam
We are ready! Bring it on. Thats the face before we start our session. Skytrex is located at section 8 Shah Alam. They have 3 different difficulty (Kids/Little Big Adventure/ Extreme). I suggest you to try the Little Big Adventure if you don't really fancy height.
First thing they'll brief you about the safety measure that need to be practised throughout the session. This starts with the harness and the Locks and also the Carabiner. You will be on your own after the briefing with little supervision from the staffing team.
She's figuring out the puzzles.
The first challenge and this is where the briefing took place. Everyone is paying attention, except me =_=
He complaining(that i make him do this) so much while doing this.
O.o, scary shit.
Capiq did so well and im proud of him!
Meh, this is easy :p
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