PMT Forum
How do you want to make money today?

Newbie Guide to Forex Trading

Archangel · 834 · 198534

magforex

  • Senior Member
  • **
    • Posts: 56
    • Likes Received: +0/-0
Reply #795 on: Aug 14, 2015, 06:27 PM
My newbie guide para sa mga gustong mag umpisa sa forex trading:

 1 - know that forex trading caries a lot of risk. pede maubos ang puhunan mo sa isang iglap lang pag hindi mo alam ang ginagawa mo.

2 - study the psychology of the market. read books, watch videos, subscribe to forums and blogs/newsletters about forex trading para alam mo ang nagaganap sa mundo ng forex trading.

3 - start a demo account. almost lahat ng forex brokers nag oofer ng demo account. practice in demo para magkaroon ka ng idea how the market and price action behaves.

4 -  wag ka magmadali mag live trade. ang market anjan lang yan lage. bukas 24hrs and 5 days a week ang forex market para magbigay ng opportunity.

5 - start to create your own trading system. copy first from established ones and do some adjustments to make it your own. then keep on practicing until maging comfortable kana.

6 - practice discipline and proper money management.

7 - keep on demo trading until ma feel mo sa sarili mo na handa kana talaga mag live trading.

 :thankyou:
« Last Edit: Aug 14, 2015, 06:30 PM by magforex »


ferrariEverest

  • VIP 5500
  • *****
    • Posts: 5,593
    • Likes Received: +4/-0
Reply #796 on: Oct 31, 2015, 07:37 PM
Hello po! newbie here with newbie question. Anu po best na platform using mac OS? Thanks po sa lahat ng info in this forum. Still a long way ahead.  =)
Karamihan ng platform na pwede sa Windows, available rin sa Mac. Kung hindi, gamit ka ng app or emulator. Pwede mo hanapin sa Google ang "(platform name) for Mac"


pipcycler

  • Probie
  • **
    • Posts: 10
    • Likes Received: +0/-0
Reply #797 on: Dec 25, 2015, 08:43 AM
Mga Sir/Mam, ano po yung issue ng income tax natin if ever na profitable or professional trader na tayo?

Nagbabayad ba kayo sa BIR or sekreto nyo lang. Hindi ba magtatanong ang bangko kung ano ang source of funds ng wire transfer galing sa broker to local bank account?


cl010194

  • Newbie
  • *
    • Posts: 1
    • Likes Received: +0/-0
Reply #798 on: Feb 19, 2016, 07:55 PM
Good day! Mga anong oras ba kayo usally naguumpisa mag trade? :)


divergence

  • Junior Member
  • **
    • Posts: 30
    • Likes Received: +0/-0
Reply #799 on: Feb 22, 2016, 04:50 PM
ako any time. daily charts naman kasi halos tinitingnan ko at nagseset lang ako market entry. inaantay ko na lang after ng ilang araw kung ma hit ang tp ko or sl ko. eheheh


Somerset

  • Newbie
  • *
    • Posts: 2
    • Likes Received: +0/-0
Reply #800 on: Mar 08, 2016, 02:49 PM
Ano ang ginagawa ng Metis? Itago nyo na lang ako sa pangalan na Odessa. Nagwork ako sa Metis noon at ang trabaho ko ay tignan ang winning trades ng mga clients namin at i-manipulate ang currency prices. Sa madaling salita, kami ang nagdidikta kung mananalo ang clients o matatalo. Marami kaming jargons na ginagamit:
1. Scoop – i-ihihit namin ang SL ng client kahit di naman dapat mahit. eto depende kung malaki account ni client 100k above, highlighted na to automatically.
2. Lag – gagawa kami ng kunwari glitch para pag nahit si client ng loss at di nya nabantayan ang trade nya. auto loss agad sa kanya. Paano naman pag win si client? irerevert back naming sa system ang profit nya, babawiin naming ang profit nya at sasabihin glitch kasi, walang palag si client.
3. Retrace – magbibigay ng trade recommendation kami sa mga client. then imomonitor namin ang activities nila. alam namin kung saan sila nagtetrade (ip address, location, mobile o desktop, online o offline, margin call para iready ang Laser. ipapaliwanag ko susunod ang laser).  kung sino ang sumunod sa reco, retrace na yun. Dahil nakalagay ang entry price,sl,tp. nakaset na sa system namin kung kailan ihihit ang sl, most likely pag may economic data o news. Tuwing retrace, makikita namin from hundreds of thou to 30k to 20k nalang matitira. eto yung pyesta sa min kumbaga. Celebration na after, free foods and drinks.

4. Laser – ito ang software na gamit namin pag retrace. Nakaconnect ito sa database at collated lahat ng trades ng client at 100% scoop ang within parameters. Auto-loss agad sa client. Madalas na biktima nito ay ung may malalaking traded lot .05 and above. kung 1 lot ka, asa ka pang manalo.
Lahat ng makukuha sa clients mapupunta sa accounts nila Jacob Park, Yun Ho Ree, at Temie Lanaria mga VP ng company.  Tapos idedeposit papunta sa Maybank naman para kay CEO Justin Jung na umalis na ng pinas at ngayon ay nasa Korea.
Commission-based kami. Kaya mas maraming minomonitor mas malaki kikitain namin. Matyaga kami magpaconduct ng seminar dahil mas okay pag new accounts kasi most of them wala pang alam. Madaling bolahin.
Umalis ako dahil sa utos na rin ng SEC na itigil ang operation at tagged as Scam ang company. Pero ngayon flybynight nag-ooperate parin ang metis. Dahil most clients ay nagwiwithdraw na, pati mga banko sinarado deposit accounts nila(metrobank,bpi,bdo). maybank nalang ang natitirang option para makapagdeposit ka. talagang ginawan pa ng metis ng paraan. haha, 10% tax deduction + 50pesos pag nagwithdraw ka. Di ko kayo pinipilit na paniwalaan ako, subukan nyong magdeposit, always welcome kayo sa metis.


BatangHamog

  • Forum Tambay 100
  • ***
    • Posts: 128
    • Likes Received: +0/-0
Reply #801 on: Mar 08, 2016, 05:26 PM
Ano ang ginagawa ng Metis? Itago nyo na lang ako sa pangalan na Odessa. Nagwork ako sa Metis noon at ang trabaho ko ay tignan ang winning trades ng mga clients namin at i-manipulate ang currency prices. Sa madaling salita, kami ang nagdidikta kung mananalo ang clients o matatalo. Marami kaming jargons na ginagamit:
1. Scoop – i-ihihit namin ang SL ng client kahit di naman dapat mahit. eto depende kung malaki account ni client 100k above, highlighted na to automatically.
2. Lag – gagawa kami ng kunwari glitch para pag nahit si client ng loss at di nya nabantayan ang trade nya. auto loss agad sa kanya. Paano naman pag win si client? irerevert back naming sa system ang profit nya, babawiin naming ang profit nya at sasabihin glitch kasi, walang palag si client.
3. Retrace – magbibigay ng trade recommendation kami sa mga client. then imomonitor namin ang activities nila. alam namin kung saan sila nagtetrade (ip address, location, mobile o desktop, online o offline, margin call para iready ang Laser. ipapaliwanag ko susunod ang laser).  kung sino ang sumunod sa reco, retrace na yun. Dahil nakalagay ang entry price,sl,tp. nakaset na sa system namin kung kailan ihihit ang sl, most likely pag may economic data o news. Tuwing retrace, makikita namin from hundreds of thou to 30k to 20k nalang matitira. eto yung pyesta sa min kumbaga. Celebration na after, free foods and drinks.

4. Laser – ito ang software na gamit namin pag retrace. Nakaconnect ito sa database at collated lahat ng trades ng client at 100% scoop ang within parameters. Auto-loss agad sa client. Madalas na biktima nito ay ung may malalaking traded lot .05 and above. kung 1 lot ka, asa ka pang manalo.
Lahat ng makukuha sa clients mapupunta sa accounts nila Jacob Park, Yun Ho Ree, at Temie Lanaria mga VP ng company.  Tapos idedeposit papunta sa Maybank naman para kay CEO Justin Jung na umalis na ng pinas at ngayon ay nasa Korea.
Commission-based kami. Kaya mas maraming minomonitor mas malaki kikitain namin. Matyaga kami magpaconduct ng seminar dahil mas okay pag new accounts kasi most of them wala pang alam. Madaling bolahin.
Umalis ako dahil sa utos na rin ng SEC na itigil ang operation at tagged as Scam ang company. Pero ngayon flybynight nag-ooperate parin ang metis. Dahil most clients ay nagwiwithdraw na, pati mga banko sinarado deposit accounts nila(metrobank,bpi,bdo). maybank nalang ang natitirang option para makapagdeposit ka. talagang ginawan pa ng metis ng paraan. haha, 10% tax deduction + 50pesos pag nagwithdraw ka. Di ko kayo pinipilit na paniwalaan ako, subukan nyong magdeposit, always welcome kayo sa metis.


That means metis broker is practicing being a market maker. alam nah  :hihi:

Salamat sa iyong post at magiging warning heads up eto pra sa lahat ng aspiring want to be live trader.  :applause:


polunio

  • Newbie
  • *
    • Posts: 1
    • Likes Received: +0/-0
Reply #802 on: Jun 25, 2016, 11:07 PM
Question lng po.. Meron b ditong gamit na broker is instaforex? any experience on this broker..


blockchain76

  • Newbie
  • *
    • Posts: 3
    • Likes Received: +0/-0
Reply #803 on: Aug 08, 2016, 09:08 AM
my broker is tradersway and i use bitcoin for deposits and withdrawals

also check my youtube channel dedicated for forex traders, i mostly do price action trading

https://www.youtube.com/channel/UCzQZ-sYnhA4lxRUZC9Mv1xQ


dugie

  • Probie
  • **
    • Posts: 11
    • Likes Received: +0/-0
Reply #804 on: Oct 13, 2016, 04:32 PM
hello po mga ka forex, tanong ko lang po kung puede pa gamitin yong eon card sa unionbank para mag fund sa oanda broker?kung puede papaano po? ty sa mga sasagot.....


chicalicdan

  • Newbie
  • *
    • Posts: 3
    • Likes Received: +0/-0
Reply #805 on: Nov 08, 2016, 03:42 PM
Hi friends,

Can I just share the broker I am using trade in forex market? I use Alpari :)

http://alpari.com/?partner_id=1233172


iloveforex

  • Newbie
  • *
    • Posts: 9
    • Likes Received: +0/-0
Reply #806 on: Nov 22, 2016, 01:24 PM
Hello guys, I am self-taught trader for 16 years and all those times trading isn't always favorable.  It takes a lot of patience and a good mentor to start with.

So the question is how to get started with Forex? Answer are as follows:
-Choose a broker: there are many brokers around but it's important to choose the right one
-Open a demo account: remember your capital is at risk is forex so you must start with a demo account
-Learn to take risk seriously: i teach forex and risk management; i tell you it's always better said than done so at the training I always fix the emotions of my forex students so as not to get carried with the market movement
-Lean about leverage: coz you don't exactly risk all that you have but given the right leverage you will be able to manage your market exposure
-Practice reading charts: be with the right people who can help and guide you as you learn forex.  Charting is a very interesting thing but only when you understand the basics you will appreciate how chart works
-Make your first live trade: when you are ready, make your trade plan and fund our first live trade

Those are the basic steps you need to get started.  If you are interested to know more feel free to ask me. Happy trading day!


ntc

  • Newbie
  • *
    • Posts: 7
    • Likes Received: +0/-0
Reply #807 on: Nov 25, 2016, 10:22 PM
Anybody here who knows greg secker and his learn to trade? They are tied up with the broker capital index. Does it ring a bell? Legit kaya sila?


iloveforex

  • Newbie
  • *
    • Posts: 9
    • Likes Received: +0/-0
Reply #808 on: Nov 25, 2016, 10:36 PM
Greg Secker owned both according to my business intel.


ntc

  • Newbie
  • *
    • Posts: 7
    • Likes Received: +0/-0
Reply #809 on: Nov 26, 2016, 10:32 AM
hi, i loveforex! thanks for the reply! i attended the seminar held at the manila hotel last nov 23 and they were offering a 2 day course about how to do forex and a bonus 1 day live trading while being coached by the "top traders" using their software called smartcharts. the total cost for the enrollment was 80k pesos. then you have to pay a maintenance fee of 89usd a month to use the smartcharts because it's supposed to automate your trading and it will do all the hard work for you so you will win most of the time and cut your losses to a minimum. do you think this really is worth that much? anybody here who can vouch for their legitimacy? and does it really work?


 


PMT Shoutbox

Refresh History
  • Post only questions or comments here. Advertisements NOT ALLOWED.
  • Niel Jhacoubs: To bpc85 kung nakalagay ang inyong names sa beneficiary list ng iyong ama kay may makukuha po kayo.
    Nov 28, 2019, 02:18 PM
  • Niel Jhacoubs: Hellooooo, its been a while. :)
    Nov 28, 2019, 02:16 PM
  • miakashidou31: hi , meron po ba ditong nagta transfer sa paypal?
    Nov 05, 2019, 01:46 PM
  • whennedy: good noon po
    Oct 18, 2019, 12:04 PM
  • edzlpdac: goood day po sa lahat!
    Oct 12, 2019, 03:37 PM
  • bpc85: ask lng sana ako kung may makukuha ba kami ng Mama ko at ako or mga kapatid ko sa benepisyo ng aming Ama bilang membro ng AFPSLAI. thank you po.
    Sep 27, 2019, 12:52 PM
  • bpc85: Hi guys, im new here,.
    Sep 27, 2019, 12:52 PM
  • Anaperdi: Hi just want to know if meron dito who is into boundary hulog ng motorcycle? For mga riders ng courier. Pwede ba magpashare how it works? Naisip ko lang baka pwede ko ibusiness, meron na pala mga posts online pero di pa clear ang system sa akin. thank  you sa makakapansin
    Sep 21, 2019, 11:32 AM
  • Anaperdi: Hi newbie here..
    Sep 21, 2019, 11:19 AM
  • jprios: May contact ba kayo kung sakali?
    Sep 18, 2019, 06:11 PM
  • jprios: Sino pwedeng mahiraman dito?
    Sep 18, 2019, 06:09 PM
  • kfg52: Present!
    Sep 15, 2019, 07:26 PM
  • juju31: san po ba may nag papahiram dito
    Sep 14, 2019, 07:18 PM
  • juju31: hello
    Sep 14, 2019, 07:18 PM
  • FutureGizmo: Thanks julz! Medyo ganun nga trabaho namin ngayon, to monitor spam posts kasi ang daming spam bots. But thanks for reporting. Auto-ban agad ang spammers sa amin haha
    Sep 07, 2019, 12:17 PM
  • julz: @FutureGizmo si @nikkikv18 just posted more than 10 posts about porn sites. hay, spam.
    Sep 03, 2019, 01:05 PM
  • Cid_brent: sino po dyan pwede magbigay send ng paypal funds and I will pay you using gcash?
    Aug 25, 2019, 08:58 PM
  • Meghan91811: Sino po may alam about Rice Farming...
    Aug 25, 2019, 07:44 AM
  • roselove: hello po sa inyo... newbie here
    Aug 06, 2019, 03:31 PM
  • Niel Jhacoubs: Sino palaging active dito?
    Jul 30, 2019, 04:15 PM
  • dagocjasonrey: Anong update dito?
    Jul 22, 2019, 08:49 PM
  • mark_Lee: anong bago dito
    Jun 28, 2019, 01:03 AM
  • mark_Lee: balita
    Jun 28, 2019, 01:03 AM
  • Lovelyprincess72: hi everyone , I'm newbie here
    Jun 27, 2019, 02:36 PM
  • Niel Jhacoubs: Musta?
    Jun 26, 2019, 01:43 PM
  • Forexanalysis: Hello
    Jun 25, 2019, 06:33 PM
  • Niel Jhacoubs: Hello sa mga online jan! :)
    Jun 15, 2019, 02:58 PM
  • oragon: :applause:
    May 20, 2019, 03:53 PM
  • FutureGizmo: Thank you for reporting those spam posts, oragon! Spam posts now deleted.
    May 20, 2019, 01:59 PM
  • oragon: Admin kindly monitor some peps! posting and sharing inappropriate nude photos and website links
    May 20, 2019, 01:52 PM
  • @culinary10: Hello I am new here! Regarding sa bdo life insurance for 8 years, pwede pa kaya ma refund yung binayad ko na 50k last year? Gusto ko sana icancel kasi lack of financial na, last may 15 2018 po un nag start ako ng life insurance, pinili ko annually kaso etong may 15 2019 wala nako ma ipay so gusto ko sana icash out, may alam ba kayo kung pano marerefund?
    May 17, 2019, 07:56 PM
  • FutureGizmo: Hi Sonny, the posting issue is now resolved. Thanks for informing us! We're currently testing a new, mobile-ready theme so let us us know kung may problema pa sa Forum. :)
    Apr 04, 2019, 10:40 AM
  • sonny.wapak: Nakaka receive din ba kayo nito pag gawa ng new post? "Please try again. If you come back to this error screen, report the error to an administrator."
    Apr 03, 2019, 10:56 PM
  • leonine_zafiro: what product nun?
    Apr 01, 2019, 10:25 PM
  • dhondiex27: hi
    Mar 30, 2019, 10:55 PM
  • lusart: jayrob i agree 200%. hulog ng langit organico. legit na legit
    Mar 29, 2019, 09:08 AM
  • palemelch: Hi
    Mar 28, 2019, 04:08 PM
  • O.C.W._AK: Magandang Araw sa Lahat! Blessings! (",)
    Mar 28, 2019, 08:42 AM
  • thor15: hello everyone, newbie here
    Mar 25, 2019, 01:47 AM
  • captjaylo: present newbie here
    Mar 22, 2019, 10:06 AM
  • balboagilbert26: hello Guys .. Newbie here
    Mar 21, 2019, 10:55 PM
  • businesswoman2019: @jefsanity nag inquire na po ako pero di sila nagdidisclose. Yung branch po kasi na target ko, currently building pa.
    Mar 21, 2019, 04:27 PM
  • jefsanity: @businesswoman2019, much better inquire ka na lang sa admin nila.
    Mar 21, 2019, 01:51 PM
  • businesswoman2019: Hello! Any idea how much ang stall sa waltermart. 2m x 2m
    Mar 21, 2019, 08:28 AM
  • John Neil: Looking for an accredited iron foundry
    Mar 17, 2019, 03:19 PM
  • jayrob: Mark_Lee ung organico legit po yan..  Member din AQ..
    Mar 17, 2019, 12:57 AM
  • perlymelad: Hello po! Need advice, why my new MLM leaders failing?
    Mar 14, 2019, 08:51 PM
  • perlymelad: Present
    Mar 12, 2019, 07:53 PM
  • kennethmauricio: Hi saan po dito pwede mag post ng for sale properties?
    Mar 11, 2019, 07:58 PM
  • jefsanity: @mark_lee isipin mo anu passion mo at skills mo...
    Mar 11, 2019, 06:52 PM