Recent content by monochrome

a very conservative and effective way of controlling your risk, thanks for sharing!

nice journal sir i'm trying to emulate your very simple strategy of using s/r lines just curious how do you calculate the risk %? do you have any fixed parameters?

Actually I don't understand some of the problems you guys are facing. I've tried CMC for 2 months now and I haven't experience any really big problems. Maybe it's because I'm trading longer time frame and looks at daily chart? Are you guys intraday traders? I'm not sure whether did my trade...

Hah! I'm a Singaporean too. Please to meet you.

I'm interested in forex and commodities. I am in a dilemma, I'm considering between CMC and Options Xpress. I know that both very quite different, but both allows me flexibility with my capital. CMC allows flexible positions as they offer cash commodities without having to transact in actual...

The slippage would not cause a big problem unless one is trading very short time-frames right? I'm looking at a few brokers that offer commodities, CMC offers flexible position sizing while other brokerages have fixed contract sizes (identical to CME). I find that CMC would be a better choice...

Thank you for your reply! Haha, I understand that most of these jobs are normally given to Ivy League universities or university like LSE. Actually does the bank actually look at your portfolio (if you have one). Like if you only have a diploma, but you made consistent profit for the last 2...

Thank you for explaining it in such details! I'm actually still studying for a diploma in banking and financial services here in Singapore (17 this year). So before this I was wondering whether I can apply for such a job with a diploma. Although now it seems like a degree is the minimum. Is it...

I'm glad to know that bank does recruit people to do forex, my friend showed me a picture of UBS' trading floor and told me that those people are the ones that help banks trade on the forex market. It looks like a nice job to me, I mean trading forex and getting paid to do so is simply one of...

Hi, I'm just curious whether banks hire traders. And whether a degree qualification is need. If you can share about the pay too will be the best. Thanks! :) Sorry if this is the wrong section.

this is an interesting thread, I think it's very informative!

Hi guys, I'm from Singapore. I'm 17 this year. I've just started reading on forex 2 months ago during my school holidays. I'm currently still trading on demo because I still do not have any system that offers consistent profits, instead my demo is on the verge of being bankrupt. :( My mum...