Trying New Broker – IKTrust

I just want to do a short update promoting a new broker, IKTrust, that I am testing at the moment. Some of you may have used it before.

You can sign up for a new account on http://khusairyfx.iktrust.me/

They are offering 40% bonus upon your deposit and also have local IB in Malaysia so it’s easy to do deposit and withdrawal.

Check them out.

I am also looking for a reliable and cheap VPS where I can host my MT4 and trade using EA automatically. I don’t think this laptop is going to hold up any longer if I keep it online 24 hours during weekdays.

Small Success In Forex

forex-25may

It’s been more than 1 year plus since I left job as a general manager in the financial trading company and trading forex on my own. I have learn a lot of technique and made friends with a lot of different people in this industry.

Contrary to popular belief, you can actually start trading with as low as $10 deposit. So that explains why I trade from time to time when I have some balance in my account.

I think I have finally found my Eurika moment in forex trading and realize that money management is the most important skill that will determine the success of your trading account in the long run.

I also realize that, shit will happen no matter how good your technical analysis is like. Everyone loss money once in a while in this market, the only difference between a successful trader is the amount of money that you loss when you hit Stop Loss, and the amount of profit you make the profit.

It is better to make a consistent profits with small losses along the way, than making a big profit in one day but end up losing everything the next day.

I have now decided to focus on a simple system that I learn from a great forex trader friend. I did messed up a few times before this when I recklessly overtrade and loss all the profits that I have made for several weeks in just one bad trade. This is the first week I test drive an EA that was developed based on that system and I managed to make a $28 profit. Not a huge amount, but I didn’t have to stay in front of  the computer all the time to watch my positions.

I will update my progress with this EA next week.

You can open an account with instaforex with this link and start trading from as low as $10. Make sure you put my affiliate id – cheekui so I can make some spare cash alright? 🙂 Thanks!

Projek Ikan Keli

Aku telahpun membuat keputusan untuk memulakan projek menternak ikan keli menjelang hujung bulan ini. Untuk projek ini, aku akan menggunakan kolam konkrit. Aku telah membuat serba sedikit research dan perkiraan dan pada pendapat aku, risikonya agak rendah dan pulangannya amat lumayan jika aku berjaya dalam projek ini.

Aku akan catat pengalaman dan berkongsi tips di dalam blog lain yang akan aku create selepas ni nanti.  Sekian.

I May Not Go To Australia, Because…

Hi again.

I have thought about my plan of going to Australia and think I might not be going there, after all.

I still couldn’t get the sufficient amount of cash to cover my trip and accommodation if I am going there.

Well, that’s about it for now. I actually have a new project that I have thought of doing for quite some time now. I’ll post about it on my next post.