lol yes, my apologies for derailing the subject. Skenobi, do you have private message on? I'll pm you if you don't mind.

Academic achievers = Better traders?

No worries. I trade fine on forex without orderbook info anyway. But I'm at a phase where I want to increase my size. I'm looking for the safest fastest and easiest way to bulk up. Having inside information is akin to picking durian runtuh heh. I ...

Academic achievers = Better traders?

Isn't the whole idea of trading as a local to get DMA with all the visibility into orderbooks and stuff? Plus FCPO is pretty liquid if you ask me. Probably not for others though.

Academic achievers = Better traders?

I don't know if you read the start of the thread.... But BNM doesn't want you to play around with the ringgit. That's all they want. Whether you convert your ringgit to usd,yen,euro,crona,baht,rupiah etc is up to you. You can do whatever you want ...

Malaysia central bank states Forex is illegal

It has nothing to do with prime broker or not. BNM just doesn't want you to speculate using ringgit. If you are funding an offshore account with so called "prime brokers" (even pariah brokers) using anything other than MYR, then you have no issues. ...

Malaysia central bank states Forex is illegal

Hey skenobi, Have you ever trader as a local on bursa? I'm thinking of jumping in now that they have lifted a lot of the cert requirements.

Academic achievers = Better traders?

A good degree in uni just means you know how to pass tests well. Learning how to pass tests with flying colours is just a skill like trading. It can be learnt. Good at learning != good at thinking. But if you had a choice to choose 10 traders for ...

Academic achievers = Better traders?

Thanks for all the hard work!

Malaysia central bank states Forex is illegal

You sort of answered your own question. Thing is, not everybody in the world is going to trade exotic instruments. They might not originate from that area and thus not know the market well enough to trade it. For example, I come form a place on ...

Why do you choose forex?

I'd like to add a 3rd -trends very well. This is the only place in the world where you can get a 1000 pip move in a month. Like in EURAUD. Other than that. Probably nothing else.

Why do you choose forex?

mine can go to 20:1. does that count?

2:1 R:R is grrrrreat

It is a nice story to motivate you. But it shouldn't be taken as is. Firstly, 5% per trade is rather high. Especially if the guy is proposing that is equivalent to 100 pips. That article fails to highlight the failures that will come along the way. ...

A "doable" way to take a $300 account to $1 million in 45 months

Those are really good plans. I suggest you go for it. Just remember that there is more to life than trading. Don't ever think it is a waste to "give something up". Some people are driven by passion and maybe you jsut need to find the passion for the ...

Mental health and trading: should I pack it in?

Listen to these people. Enjoy your life as a teenager. You don't have to give up trading. But you do need to get something else other than trading. You have another 60 or so years to live. Find something worth living for. When you think you have ...

Mental health and trading: should I pack it in?

Why is it hard to fathom someone sharing a profitable system? What about some of the people in the trade who want to pass on their knowledge? People like that do exist. If they don't pass on the knowledge, they will bring it to their grave and ...

why do people share profitable systems?

It's called *gasp* use a stop loss.

Price, Hedge, Adapt and Trend (PHAT)