Archive for the ‘Forex Courses In Malaysia’ Category

My fellow Malaysia Forex Trader , A VERY HAPPY NEW YEAR.

Forex Training Courses been would like to express sincere appreciation to all Malaysian Forex Trader or Malaysia Forex Course Student who visit this website.

The month of December always the bad month for forex trading , you will experience a normal high Stop Losses compare to other month , agree with me ? If YES, do you know WHY ?

December is low season for forex trading , which mean low in volume, high in volatility as most of the big fund manager are go for holiday. When volume is low, MANIPULATION will exist !!!!! Who do it?? I don’t know , just stop trading on the month of December .

Enjoy your profit in the month of December , go for Xmas and New Year shopping , holiday , etc…

In the past 1 year , it has been a very active year in Malaysia Forex Courses and Training. Some forex training academy are closed and some new forex training school are setup to cater for the market demand.

Which one is real ?? Or Which one is SCAM ?? Well, you judge yourself and make your own decision. Any where you pay to learn is worthwhile if you pay attention and passion about it. Bear in mind , to choose the right school is always the most difficult decision to make. As long as you learn 1 little thing , it will worth the money you pay for.

Still where you learn from , there’s no 100% winning method , there’s no way to make you rich in 1 year or 2 , no such thing to be No. 1 .

Forex trading always talk about consistent ROI , not the high or low ROI. Stick to this principle for your forex trading journey, you will be success later.

Welcome 2010 …      

Financial Freedom is widely and mis-used in Malaysia when it relate to  FOREX TRADING. Almost everyday, I saw a local best seller newspaper advertised a Forex training , education center claimed that the guru make usd$50,000 a day, make $10,000 a day ….blah…blah….

All these figure really attractive and lead most Malaysian registered for the preview. Yes, in the preview different type of un-believable figure and promises  came out and ask you to sign up for the advanced forex course…..

The big big figure like $50k a day…….. also lead most novices in forex trading believe they can be achieve financial freedom in short period of time. Then finally these group of forex novices mostly lost all the saving in trading forex after attending the courses from these OVER-PROMISED gurus.

My fellow Malaysian, wake up now…..Nothing is come easy especially dealing with money …. If the forex gurus able to make $50k a week or a month , he/she will conquer the world and he/she may become most wanted by terrorist ………

To achieve the Financial Freedom in Forex Trading actually is VERY POSSIBLE but it take time to build, not over a day , week or a month …It take years… Here is the plan for financial freedom in trading forex ..

1. Let start our capital at $1,000 usd (High Risk Investment, use only money that willing to risk).

2. Target return of 10% per month (your strategies must be able to give you nett 10% a month). What the heck 10% a month , only $100 a month!!?? Yes, you are right, only that much … No choice, that’s my affordable capital…..

3. With compounded effect, the 10% a month will grow your $1,000 to become $300,000 after 60 months or 5 years . Remember to repeat CONSISTENTLY the method that you use to make nett 10% / month .

4. Here is the catch , you continue make 10% a month with your capital of $300K , you take back home $30k a month ….Wow that’s a lot …..A directors level pay or even a CEO pay !!!!! Yes, you are right . Do you still look down the 10% a month ??

5. Remember that to make 10% a month , you only need to spend 1 to 2 hours a day , and you take back home $30K a month. So , this is what Financial Freedom all about in forex trading. YOU SPEND LESS TIME BUT MAKE LOTS OF MONEY FOR YOU AND YOUR FAMILY…..

ASK these questions yourself then ANSWER honestly and sincerely :

a. What you are doing now (employed or self employed) able to give you the above income to be Financially Free after 5 years ? Not even half of it ??

b. When you able to make $30K a month after  5 yrs or 60 months , is it worthwhile to spend effort to master the skill ?

My beloved fellow Malaysian , Forex Trading is high risk and high return , the best way to control the risk and enjoy high return is thru compounding concept on your capital.

Conclusion : In order to be successful in Forex Trading, you need education to learn how to make Consistently return by managing your risk , how to Discipline yourself on the method to make 10%/month and last but not least how to enjoy your profit …..

Now you have better idea HOW TO BE FINANCIALLY FREE THRU FOREX TRADING ? Wish you all the best in your forex journey with forextrainingcourses.net .

REGISTER HERE For Free Forex Seminar

Recently months the very most discussed topic in Malaysia is FOREX ROBOT. Even those who know nothing about forex trading are talking or subcripting a self claimed local developed Forex Robot. I received calls from Penang and Kuala Lumpur about the Forex Robot. When I asked few questions on this forex robot, most of them do not know what it’s about!!!!! Serious problem now…..Another Forex Scam in Malaysia ?? As a forex trader in Malaysia, I have my curiousity to understand so called the local self developed Forex robot….. My Findings are ……

1. Yes, making money 20%,30%,40% a week…..The account was running for about 2 weeks.

2. Big Stop Loss, Small Profit Take ……. small profit still managed to cover the big losses at this moment…

3. The company charge additional 3 pips commission for every transaction.The forex robot open 4 to 5 trades a day…..Wow good money for the company

4. Use MLM system to distribute out portion of the 3 pips commission. Wonder why the business spread so fast , even forex “nut” are heavily involve ……Good money as well for those introducer has lots of downlines….Passive Income…

5. My advise is USE IT WHILE THE FOREX ROBOT STILL WORKING…… As a experience forex trader view, the forex robot can cause account BURST anytime….When ?? I don’t know !!!!!!! Use it wisely……..After making money, LEARN HOW TO TRADE FOREX MANUALLY…..

What Is Forex Robot

Now in days we hear so much about easy earning with just purchasing a fx robot to do the work for you. Well let us first define what a forex robot is: it is a foreign exchange automated trading program that uses sophisticated short-term algorithms. These algorithms are mostly designed by professional Forex money managers and traders.

The forex robot helps you earn money and not having to keep an eye on the market. You can invest in short-terms or in long-terms; you will just need to set the Forex robot fit in your needs. Regular investors are into this and now in days it has become a debate if it really works. But remember Forex is always a game of probabilities and well you can make money and as well lose money. Nothing is 100% certain. Forex robots are used mostly for investor who lacks of experience in the market and it is a very good way to start investing.

Thanks to the Metatrader forex trading platform forex robots has become a reality. Metatrader is a trading/charting station used by many brokers and also comes with a programming language called MQL4, and this allows the trader to write their own custom indicators and trading systems (called expert advisers). Expert advisers will automatically place trades according to your rules and this program can run 24×7 on complete auto pilot (no human intervention).

I advise you to always test the Forex Robot, you can do a forward test; all you need to do is open a free demo account with any broker and just run the Robot and see its results. Remember that there are so many forex robots, actually every week you can see new forex robots being launched out there, and you need to test each one to see if they are trustworthy. In this case we need to research the market to determine the use of the robot and how it can fit in our needs.

Now remember that the forex robot has been program by a specific parameter that the manufacturer has set, so it runs in auto pilot with no flexibility in the market. In other words, the forex robot do not adapt to a fluctuation that a market can present. That is why it is very necessary to know trading skills for we can adapt ourselves to the behavior of the market. WealthLab is a system that helps us set specific parameters for the robot, and that enables us to set limits in our trading. But to do this we need to have a strategy ourselves and know how to invest.

A very important criteria about forex robot is that it can trade 24/7, so you do not need to be in front of your screen and it trades for you when you may be out, sleeping, eating, etc. also you can trade in multiple systems.

What is a difference between robots and humans? Well we humans have feelings and our psychology plays an important role in our investments. Since we know the value of money and the effort we had to pay, we want to secure our investments. So we trade with our emotions and that is a difficult position to be in, a professional trader must not be taken away from its emotions, so that is where a robot can have a good use or bad use. You can find a robot a trustworthy path or not.

Invest in forex is more than an algorithm parameter.