Surely you won't be using ringgit as it will be converted first preferably to a much more stable currency?

Malaysia central bank states Forex is illegal

I believe if you trade using a prime broker you won't have a problems. Right? For example, deutsche bank, citi(not retail), hsbc etc

Malaysia central bank states Forex is illegal

Which broker in your opinion is good for scalping?

IC Markets

Why do you say that? The execution is slow?

IC Markets

I thought the fx market is a lot bigger than that?

My broker increases spread to 4.5pips on EU when trading 25mil. unit

What if you are trading on real ecn or the interbank market using a prime broker?

My broker increases spread to 4.5pips on EU when trading 25mil. unit

I agree with you to the fullest.

How many pips does a "successful" trader collect weekly?

I believe you should be able to negotiate their commsission if you are trading big. If not change broker. Thanks for the info. P/s I don't know much about liquidity yet..one day i will want to visit the banks themselves and ask about liquidity on ...

TD Ameritrade (formerly thinkorswim)

You should be trading with a proper ecn or even at interbank level if you have the money. Straight through a bank becoming like a broker your self. 20 million equals to 200 lots. I really would like to know this myself. Can you explain to me shriker ...

My broker increases spread to 4.5pips on EU when trading 25mil. unit

Yes you shouldn't be using it(pips) next time. Use percentage as risk.

Just want some opinions

haha Thats funny. Can you see their liquidity? On eurusd on european session how much is it per point(5th decimal).

TD Ameritrade (formerly thinkorswim)

Their retail side is just pure dealing desk. Go institutional with them if you have the money or just go for other broker which provides ecn. If you are in the us you may check fastbrokers. (i haven't used them though). Update: Owh gosh i didn't see ...

My broker increases spread to 4.5pips on EU when trading 25mil. unit

Wow..good to hear that mate.

How much did you start with?

Very good post.

In Search Of Holy Grail?

Actually i have read most of his post and i regard peter crown as my master. I have read all of peter crown's posts.What he told has so much depth if you could comprehend. It also hard to comprehend how generous peter crown was in revealing his ...

Just want some opinions

Haha..yeah maybe..please don't take 200k% too seriously guys. Please read back my post and understand it. I am just saying in trading there are still many possibilities and we need to be a constant learner.

Just want some opinions

On my previous post did i ever say i earn 200k%?? I am just saying a satisfactory return level will always vary from one person to another. I do believe there are supertraders out there which trades tick charts/smaller tf risking 2% with 1 pip stop ...

Just want some opinions

I have had this for a while..Just wanted to share with freshmans. Its a good read. So yeah welcome to 2006!

Hallett Norman - Mental Fitness For Traders (Attached)

Deutsche Bank LOL Just kidding guys..don't bash me for this. One day i will trade directly with them. Dreaming is also a form of prayer. Just search for brokers regulated in proper countries like australia, usa(can't hedge, low leverage), ...

Best Broker for 2012?