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Forex Junction
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baseerahmed
Master |
13-Oct-2008 10:59
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Demo Trade on UJ sell : 2 lots : in 99.96 out 99.76 = 40pips caveat emptor -- for educational and entertainment purposes -- not an inducement -- past not equal to future |
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baseerahmed
Master |
11-Oct-2008 00:18
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Update of Demo Trade for this week :
today's trade : buy : in 99.05 out 99.69 caveat emptor -- past performance is no indictaion of future returns --paper trade by novice for entertainment and educational purposes . |
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iPunter
Supreme |
10-Oct-2008 22:34
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They may now be rubbing their round tummies after dinner at Tung Lok...
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stupidfool
Senior |
10-Oct-2008 20:49
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Just thinking. Those millionaires we know of in SJ.....ppl like cashiertan,victorian,shplayer,geojam....so on wonder how are they sitting at the moment?probably sold away all their shares and looking at us fools still holding on to our shares.
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ilovebull
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10-Oct-2008 15:28
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My sister told me that she went to several money changer wanting to buy A$ . All of them told her that it is "out of stock" . Then there is this "honest" money changer who told her that the real reason is that the money changer have stock but dont want to sell ..... | ||||||||||||||||||||||||||||
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stupidfool
Senior |
10-Oct-2008 14:48
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Aussie dollar will soften further.Cos the reserve bank is going to cut more interest rate. NZD will track A$. |
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cathylmg
Elite |
10-Oct-2008 11:40
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Am thinking of DCA my NZD instead since rate is low and interest rate up again. | ||||||||||||||||||||||||||||
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KIMPEK
Member |
10-Oct-2008 11:35
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I am thinking of buying AUD to place Fixed deposit, because the rate is 0.9984 today below S$1 and May bank is paying 6.1% for six month deposit, my question-Is this rate good? will it be drop further in the next future ? Need your expert advise!! Thank you Lin |
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harryp
Veteran |
10-Oct-2008 11:27
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Not bad achievement, your sifu made 500k in about two months only if I am following this thread correctly :))
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iPunter
Supreme |
10-Oct-2008 11:16
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Millionaire Cashier can now treat forummers to a good dinner at Tung Lok... hehehe...
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baseerahmed
Master |
10-Oct-2008 06:54
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its no small feat .. that cashiertan made it to the 'millionaire's club' ... Salute ! its all pure hard work and guts ! see, how the Mr.Market works ... ! hope I remember this episode .. ! (meaning of feat : a noteworthy or extraordinary act or achievement, usually displaying boldness, skill, etc.) caveat emptor -- not an inducement -- chart by novice -- for educational and entertainment purposes .. |
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baseerahmed
Master |
09-Oct-2008 23:54
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tuesday night made 131 pips wednesday : no trade (actually was eyeing the head and shoulders , but didn't get to the computer when the drop happened) today lost 143pips what happened : ... was confident it will break support 100.40 and fall back into channel ...but went opposite direction .. laxed on usual stop loss ..... was willing to play dare-devil because of the earlier 'bonus' gain of 131 ... got a bit nervous of positive chatter in the market ... positive futures/dow .... so cut - loss after cut-loss it has the cheek to drop to 100.19 ! well ....... Mr.Market is the Master and the Commader ..... : ) caveat emptor -- for educational and entertainment purposes --- past not equal not future |
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jackjames
Elite |
08-Oct-2008 13:42
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shiok man.. 1 australia dollar now 0.9957 sing dollars !!!! Singapore dollars is bigger than Aussie dollars !!!!! 1 NZ dollars now changed 0.90 sing dollars !!! let's migrate to Australia~~ |
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baseerahmed
Master |
08-Oct-2008 13:29
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novicex : that's the spirit ! In the long run, men only hit what they aim at. -- Henry David Thoreau ---------------------- trader88.sg : |
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trader88.sg
Veteran |
08-Oct-2008 12:27
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baseerahmed, Mock trading using demo account is one free step (and definitely the first and a must step) to test one's trading skill and learn one's personality and emotions pertaining to trading. But please note that when it comes to trading with real money, the emotions can be extremely different. |
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novicex
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08-Oct-2008 11:22
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hi baseer, I think that it's important for novice to 'talk' about their performance.. why they did what they did and how they felt about it. i think it's part of managing their trade. I used to think that it's about techniques.. but beginners have a lot more to deal with.. techniques (which will take a long time) and more importantly, their emotions.. i wish i had discover this earlier and have not suffered such a huge loss.. but then again, i guess it's part of the learning process... recognising where and why you've gone wrong and then move on. thanks for all the pointers :) will read through this thread more thoroughly when i have time. it's actually very demanding to learn while working full time but i am determind to do so. let's learn together :)
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baseerahmed
Master |
08-Oct-2008 11:07
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just sharing an insight : i suppose, this is precisely why we must practise on the demo-account for some period of time .. ..while testing out our techniques and strategies , we are also testing out/stretching the limits of our emotions and personalities .. maybe after going through this simulations hope we could attain Zen like quality when stepping into the real battlefield ... |
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baseerahmed
Master |
08-Oct-2008 10:48
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trader88.sg thank you very much for ur encouragement and kind advice. yeah, need to pull in the emotions like Ben Hur pulling the reins of his horses to control the speeding chariot ...hahaha ! . .. but then .... after all human, lah ..... hahaha ! anyway , will heed ur kind advice . : ) |
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baseerahmed
Master |
08-Oct-2008 10:36
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To those looking for an introduction into ' Applied/Practical ' Forex : Master techsys had penned succulent articles/postings in SJ. search under his username. its a treasure - trove ! we are indeed very fortunate that he is sharing his experiences with us in SJ . : ) |
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trader88.sg
Veteran |
08-Oct-2008 10:25
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baseerahmed Good to hear that you are making paper profit. From my observation, your are getting emotional now, beware of being taken over by your emotion. Stay focused on your strategy! Good luck. |
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