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  1. Join Date
    Dec 2017
    Posts
    2,686
    #1
    Lots of chart and a few terms like "shorting". What I know about a "short" is when a current makes a "shortcut" along the circuit.

    Looking it up the dictionary, a short is "not holding securities". I don't know if this is the correct one as far as forex trading is concerned.

  2. Join Date
    Nov 2005
    Posts
    45,927
    #2
    a short is betting the price of something will fall

    like if you're shorting a stock you borrow the stock from someone and sell it

    when the price falls you buy it back

    you profit from the difference

    -

    sa currencies if you open a short position on USDJPY that means you're betting the dollar will fall against the yen

    if the dollar rises you lose money

    if you're leveraged you lose big

    meron ka naman stop loss so when the stop loss is hit your position is closed
    Last edited by uls; December 17th, 2019 at 10:58 PM.

  3. Join Date
    Nov 2005
    Posts
    45,927
    #3
    di ko alam baket masyado sensitive mga tao dito sa pag gamit ko ng word na "bet"

    dahil bet = gambling

    wag masyado literal

  4. Join Date
    Dec 2017
    Posts
    2,686
    #4
    Quote Originally Posted by uls View Post
    di ko alam baket masyado sensitive mga tao dito sa pag gamit ko ng word na "bet"

    dahil bet = gambling

    wag masyado literal
    No, I'm not being sensitive with your use of that word.

    Please excuse my ignorance when I took it literally. Now I know what you mean.

  5. Join Date
    Nov 2005
    Posts
    45,927
    #5
    Quote Originally Posted by Archerfish View Post
    No, I'm not being sensitive with your use of that word.

    Please excuse my ignorance when I took it literally. Now I know what you mean.
    a couple of people here were sensitive to my use of the word bet

    Telling me it's gambling if you don't know what you're doing

    I'm telling them even people who know what they're doing lose money on forex

  6. Join Date
    Sep 2013
    Posts
    1,832
    #6
    ^ haha eto oh basura stock isang araw na kitaan [emoji14]
    ^Kaya ka nasusunog eh gusto mo forex agad, mag trial ka Muna pati years inaaral Yun bago ka sumabak..
    Dun SA tsikoteer na nagtatanong try mo IC market Yan gamit NG mga forex traders SA pinas, meron na din virtual account dyan para practice kayo Kung gusto nyo para di kayo masunog tulad NG Isa dyan haha [emoji90][emoji91]

    Sent from my POCOPHONE F1 using Tapatalk

  7. Join Date
    Dec 2006
    Posts
    17,314
    #7
    Saying that you know how to trade forex because you trade local stocks is like saying you know how to shoot 3-pointers because you know how to do layups.

    Both are basketball shots but are different in many ways. Proficiency in one is not automatically proficiency in the other.

    Sent from my SM-N970F using Tapatalk

  8. Join Date
    Oct 2017
    Posts
    3,328
    #8
    ^^^

    THERE! Jut summed it up perfectly.

    you should've dropped the mic jut.

  9. Join Date
    Nov 2005
    Posts
    45,927
    #9
    Quote Originally Posted by NiCe2KnowU View Post
    ^Sympre Kung bibili ka Lang at dimo Alam ginagawa mo sugal yun kasi sa trading meron tinatawag na
    technical analysis= inaaral Yan dapat Alam mo support and resistance, moving averages... Bili ka sa support if mabutas benta agad NG palugi sabihin na nating -3%.. then abangan mo SA dip kapag tumaas sabihin na nating 20%[emoji38]
    Fundamental analysis= dyan mo malalaman value NG company Kung ok mag invest
    pinakitaan ako ng screenshot ng jollibee

    Quote Originally Posted by uls View Post
    am I supposed to be impressed with that?

    Show me forex not local stocks
    kasi marunong daw siya mag technical analysis and fundamental analysis pare-pareho lang daw lahat hahaha

    Quote Originally Posted by NiCe2KnowU View Post
    Same Lang Yun....
    Mas malaki kita SA forex basta Alam mo gamitin technical analysis dahil mabilis galawan dyan pero Kung wala ka Alam sunog yang account mo, Yung magagaling dyan kumikita kahit may bad news magagaling sila mag shorting....
    Wala akong forex account dahil binabantayan yun, stock market Lang hawak ko nag iinvest ako, SA stock market may dibidendo [emoji38]
    Quote Originally Posted by uls View Post
    hahaha

    Mag forex ka muna

    Jollibee lang kaya mo
    tapos pinakitaan ako ng screenshot ng ac energy

    haha
    Last edited by uls; December 18th, 2019 at 06:08 PM.

  10. Join Date
    Oct 2017
    Posts
    3,328
    #10
    Quote Originally Posted by uls View Post
    pinakitaan ako ng screenshot ng jollibee



    kasi marunong daw siya mag technical analysis and fundamental analysis pare-pareho lang daw lahat hahaha





    tapos pinakitaan ako ng screenshot ng ac energy

    haha
    Pansin ko lang, both are blue chip companies.

    That's the worst type of companies to trade if you really are a technician. Bagal ng galaw if meron man. hehe

  11. Join Date
    Nov 2005
    Posts
    45,927
    #11
    i still can't get over this haha

    this guy was teaching me about this????

    meron tinatawag na technical analysis= inaaral Yan dapat Alam mo support and resistance, moving averages
    Fundamental analysis= dyan mo malalaman value NG company Kung ok mag invest

    Eh ganito ang binabasa ko ei

    Last edited by uls; December 18th, 2019 at 06:22 PM.

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may kita ba sa forex???