Wednesday, August 31, 2011

Learn to PLAY Forex in 15 minutes


Truly understand Forex may be as tough as understanding world economy.  But 'playing' forex is NOT any tougher than any number game.  I have stopped forex for a couple of years now, recently I got some spare time ( Happy Raya Merdeka Day to fellow Malaysian !) so I re-learn and start to play again in 15 minutes, perhaps you can try too.

  1. Register an account with Oanda  (Choose Practice account)
  2. Login to Oanda
  3. Create sub account, enable use with MetaTrader under Advance Option
  4. Download MetaTrader, install it.
  1. Run MetaTrader, Login using account number, not the user name
  2. Launch Strategy Tester under View menu ( CTRL-R )
  3. enter basic parameters and click Start
  4. view Report to see if this method can earn money
  5. Modify Expert Properties until satisfy with result
  6. Da da !  I have a sure win strategy in Forex !!
Ok, the last statement is a lie.  But there are 'teachers' collecting $3,000++ for a course just like this thao.

All that 'proves' is that Moving Average with those particular parameters can earn me a hundred or two bucks from 30th to 31st August 2011.  It implies almost nothing at all how it can preform before and after that.

Important but boring notes
  • I choose Oanda because almost 48% of its users are earning while others only have 20-30% success rate.  Oanda is also having the largest users base.
  • Investing with real money in Forex is the beginning of the end even for some billionaires.  It is almost a Guarantee place to die if you don't truly understand forex yet.  So play it like a game all you want, but never ever invest in Forex just because this blog makes it seems so simple.
  • The true message MalPF wants to share is that you must use EA if you truly serious want to invest in Forex.
  • Can't even get passed signing up, download and login with Oanda ?  Just click the LIVE HELP button on their web page, someone will chat and help you.
  • You are still clueless how to 'play' forex ?  Good, you shouldn't then.
Alright, here are some screen shots ... 

1. Register Oanda

2. Login



 3. Create sub account, enable MetaTrader


 

4. 1.  Download and login MetaTrader



2. Open Strategy Tester window ( usually at the bottom )




3. Enter parameters, click Start to analyse


4. View Report to see if it is satisfactory



5.  if not, tune 'Expert Properties' until happy.






6.  If still need helps, pay me $3,000 and I will teach you in person in Starbuick. *joke*



When you have found your jewel guarantee to win strategy, its time to enable the automated trading ( on a practice account ), leave it there and then check the result later.



10 comments:

Anonymous said...

Νice post. I used to be checking continuously this weblog and I
am impresseԁ! Veгy helpful info ѕρеcifіcallу the final part :)
Ι cаre for such information a lot. I used to be seeking this сeгtaіn information for a long time.
Thank you and best оf luck.

Here is my web pаge; vapornine
Also see my website >

Anonymous said...

Terrіfic articlе! Τhat іs the kind of іnfo
that should bе shared across the web. Shame
on Gοogle for not positioning thiѕ put up
higher! Come on over and viѕit my website . Thanks =)

Also visit my web-site - http://www.vapornine.com/
Also see my site >

Anonymous said...

І think thiѕ is among thе most significant info for me.

And i am glad reaԁing your aгticle. But wanna remark on some gеneral
thingѕ, Thе sіte stylе
is wonderful, the artіclеs іs really great :
D. Gοoԁ jоb, cheers

Heгe is my weblog ... forexbroker
Also visit my web site vapornine

Anonymous said...

Hello, i think that і saw you visіted my ѕite
thus i came tο “return the favor”.I am аttеmpting to find things to enhancе my web
site!I ѕuppoѕe іtѕ оk to uѕe
some οf your idеas!!

Here is my blog poѕt :: pikavippi
My web-site :

Anonymous said...

Uѕuallу ӏ don't learn post on blogs, however I wish to say that this write-up very forced me to check out and do it! Your writing style has been surprised me. Thank you, quite great article.

Here is my site - pikavippi
my page > pikavippi

michale wong said...

Trading forex was not so easy before but after using Forex Signals and by following you step by step makes me feel confident enough to trade in forex market.

Anonymous said...

Please be caution , there is a lot scammer around.. sometimes just in front of you..

Can Acar said...

Thats very helpful but if you need to learn how to play forex u must visit this : http://howplayforex.blogspot.com/

Forex-active-bonus said...

Register this FORUM and Open LIVE trading account. Get up 100% BONUS on deposit. Get up $100 NO deposit Bonus.
http://forextradebonus.gratuitoforum.com Start Forex and Gold Trading.

Learn2Trade said...

Thanks for the article but in my opinion the best forex education is LearntoTrade its 100% free. Check out the complete pro trading education at Learn2Trade