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  • #603,221
  • Mar 2, 2012 6:49pm Mar 2, 2012 6:49pm
Quoting Cruci
hey guys i have a question, lets say i deposit 3000 dollars into a live account, the broker gives me 1500 dollars in bonus for depositing $3000.So what if i lose all of that money, would i owe the broker 1500 dollars since they gave me that as a bonus?
i don't think i would owe them, it doesnt make sense.

Useally the Bonus is 'free'

the only thing you have to to is trade a lot to play the bonus out.

When that is over you could even withdraw the bonus( in theorie)
if you made some money ofc

you can also try withdrawing the 3K you deposited and play with the 1500 you now got as a bonus.

This is a good way to learn how to trade with live money although it is still a bonus.

I also did this the first time wanted to get of a Demo account thet offerd a Bonus if you deposited a few K after that i got a tip that you could withdraw your money right away and play with the bonus till you have traded enough en could also withdraw that bonus

How ever it takes a while to play this bonus free but in theory you can even make money without investing some of your own money.

But useally new players to FX will go broke some times and lose there bonuses.
and these Brokers will get there bonus back in the long term.

So you would never owe them money because that is kinda the point is trading with leverage you can never lose money that you don't( or didn't) own.

But i strongly would advise to atleast widraw your 3K and play with the 1,5K Bonus aslong as possible.
  • #603,222
  • Mar 2, 2012 7:49pm Mar 2, 2012 7:49pm
Quoting Covux
Useally the Bonus is 'free'

the only thing you have to to is trade a lot to play the bonus out.

When that is over you could even withdraw the bonus( in theorie)
if you made some money ofc

you can also try withdrawing the 3K you deposited and play with the 1500 you now got as a bonus.

This is a good way to learn how to trade with live money although it is still a bonus.

I also did this the first time wanted to get of a Demo account thet offerd a Bonus if you deposited a few K after that i got a tip that you could withdraw your money right...
well i deposited a while back 3000 they gave me 1500 as a bonus so in total i had 4500, sometimes i would lose sometimes i would win, so when i decided to withdraw my 3000, the next day they called me and said if i was sure, i said yes so then the person was like okay your balance is 4,300 we will need to take away the 1500, i was like wtf you gave me as a gift lol.So if i had proceed with the process i would have gotten back only 2,700 instead of my 3000.So thats why i asked.
  • #603,223
  • Edited Mar 3, 2012 7:16pm Mar 2, 2012 8:41pm | Edited Mar 3, 2012 7:16pm
Quoting Cruci
well i deposited a while back 3000 they gave me 1500 as a bonus so in total i had 4500, sometimes i would lose sometimes i would win, so when i decided to withdraw my 3000, the next day they called me and said if i was sure, i said yes so then the person was like okay your balance is 4,300 we will need to take away the 1500, i was like wtf you gave me as a gift lol.So if i had proceed with the process i would have gotten back only 2,700 instead of my 3000.So thats why i asked.
Market making brokers giving bonus hopping that you will lose both your capital and bonus in you case you have only lost $300 (they made $300 from you), you have to read your bonus terms , some time you can withdraw capital but not bonus untill you play certain lots or time period if that the case don't close that account ask them to leave the bonus in account (withdraw ur money) and play on bonus and try compile with terms you have nothing to lose you have chance for gaining knowledge and if your lucky some money

Edit : i just check one of the 30% + 15% bones broker terms. bonus is is virtual money they even take off bonus once you lost capital, you can't use it until you full fill terms . i would say your lucky, you have managed to save 90% of you capital

Quoting Covux
Useally the Bonus is 'free'
Brokers are pure thieves don't expect gift from them.

http://www.brilliancemastery.com/wp-...money-trap.jpg
Mohan
  • #603,224
  • Mar 2, 2012 8:41pm Mar 2, 2012 8:41pm
Quoting Cruci
well i deposited a while back 3000 they gave me 1500 as a bonus so in total i had 4500, sometimes i would lose sometimes i would win, so when i decided to withdraw my 3000, the next day they called me and said if i was sure, i said yes so then the person was like okay your balance is 4,300 we will need to take away the 1500, i was like wtf you gave me as a gift lol.So if i had proceed with the process i would have gotten back only 2,700 instead of my 3000.So thats why i asked.
hmm to bad...

Then good luck with trading
  • #603,225
  • Mar 2, 2012 8:49pm Mar 2, 2012 8:49pm
Quoting todstars2
CHANTIX

Best thing ever
if its the same as chapix DO NOT TAKE them... it does have negative psychotic affects as its really a heavy anti-psychotic/depressant drug
  • #603,226
  • Mar 2, 2012 9:35pm Mar 2, 2012 9:35pm
Weekend notes

Attached Image (click to enlarge)
Click to Enlarge Name: 3-2-2012 9-36-20 PM EURUSD ana.jpg Size: 288 KB
"More important than the quest for certainty is the quest for clarity"
  • #603,227
  • Mar 3, 2012 1:36am Mar 3, 2012 1:36am
Quoting halkins
C'mon... I don't need to be hypocrite to wish sombody luck!
Ha ha, I know... I know... maybe it's because you remind me my friend's wife
She never smiles and been complaining aaaaall the time.
Negative attitude... that's what it's called
What about ur wife,s friend?
  • #603,228
  • Mar 3, 2012 3:51am Mar 3, 2012 3:51am
I think next week will go 1.34 then bounce upward?

By watching how the price sits on the Fibonacci Fan pretty well, I think this trend will continue till 1.34 at least.

What do you guys think?


http://img269.imageshack.us/img269/6219/eurusdsh.gif
  • #603,229
  • Mar 3, 2012 5:22am Mar 3, 2012 5:22am
Quoting KillerWhale
To all my friends and my enemies:


I have to quit smoking this weekend !

Friends and Enemies you are all welcome and very much appreciated with any good advice you can give me.

Maybe I'll explain later why i have to quit.
Dude, I smoked for 11 years. Quitting was the hardest thing ever, but so well worth it. Smokefree for 1.5 years and happy for gaining so much. I spent a lot reading about quitting, talking to people, etc.

Advice: 1) Do not take Chantix (Champix) - I did, and within a few months I was a psychotic mess, slamming doors, screaming, feeling crazy, and feeling suicidal and not myself for at least a year after stopping the medication. It helps with quitting but at what price. 2) Buy yourself some patches. Enjoy living without the constant bother of having to go somewhere and light up, especially while in the hospital. 3) Patches or not, spend as much time quit as possible...even if it's one or two days at a time, they all add up! I took me so many tries before your brain finally clicks - why the f(#) am I doing this to myself and choose the gaining side of health and no suffering. PM if you need more advice ))
  • #603,230
  • Mar 3, 2012 5:41am Mar 3, 2012 5:41am
Quoting Mr.MaginCole
Yeah been a week of very few trades considering I was waiting for a retracement from 3480 so that I go long. Allthough I went long too soon 3330. So anyway gonna be a crazy bullish week next week.

170 is key support if broken we myt not see bullish.....move so b careful wit the trade
  • #603,231
  • Edited 10:11am Mar 3, 2012 7:31am | Edited 10:11am
Possible plan for next week:

1. Take my gains on shorts after Oanda spread is back to normal (currently 99, 46, 41 and another 41 pips (@ 10 pip spread)
2. Go long until 1.3280 - 1.3320 area.
3. Go short at that level to 1.3140 or maybe all the way to 1.3025. Sl maybe 1.3335

If market conditions allow.

But if we open with a GAP down, we might visit 1.3140 first.

Most stupid thing I did last week: I had a sizable short @ 1.3477 after the second top.
AND I CLOSED IT FOR JUST A FEW PIPS
New voice message: Why are you calling me? If I need you, I'll call you!
  • #603,232
  • Mar 3, 2012 8:22am Mar 3, 2012 8:22am
Quoting KillerWhale

Most stupid thing I did last week: I had a sizable short @ 1.3477 after the second top.
AND I CLOSED IT FOR JUST A FEW PIPS
Yes! That happens to me very often too.
follow the flow
  • #603,233
  • Mar 3, 2012 8:55am Mar 3, 2012 8:55am
Quoting Cruci
well i deposited a while back 3000 they gave me 1500 as a bonus so in total i had 4500, sometimes i would lose sometimes i would win, so when i decided to withdraw my 3000, the next day they called me and said if i was sure, i said yes so then the person was like okay your balance is 4,300 we will need to take away the 1500, i was like wtf you gave me as a gift lol.So if i had proceed with the process i would have gotten back only 2,700 instead of my 3000.So thats why i asked.
Leave your deposit. Use their bonus. Find and make ONE or TWO strategic trades ( longer term view) with wider stops. You will make tons of money if even one of the trades work out. Then you beat them to it. If the require minimum number of trades..then just open and close trades immediately for them to earn a few spreads. Follow this advise youll win. I have someone that got bonus of £200 on opening account and he made more than 5k from it. At a stage he took £3.5k to buy a car.
Brokers believe 98% will loose. They are correct. But some 2% beat them to it.
  • #603,234
  • Mar 3, 2012 9:18am Mar 3, 2012 9:18am
Quoting KillerWhale
Possible plan for next week:

1. Take my gains on shorts after Oanda spread is back to normal (currently 99, 46, 41 and another 41 pips (@ 10 pip spread)
2. Go long until 1.3280 - 1.3320 area.
3. Go short at that level to 1.3140 or maybe all the way to 1.3025. Sl maybe 1.3330

If market conditions allow.

But if we open with a GAP down, we might visit 1.3140 first.

Most stupid thing I did last week: I had a sizable short @ 1.3477 after the second top.
AND I CLOSED IT FOR JUST A FEW PIPS
Hi Mister Whale . I see that You have a plan set Up . Nice . I do agree with your plan , In theory , But please enlighten me , whats the Significance of that 1.3140 level ?
Human
  • #603,235
  • Mar 3, 2012 9:54am Mar 3, 2012 9:54am
Quoting Chanya
Hi Mister Whale . I see that You have a plan set Up . Nice . I do agree with your plan , In theory , But please enlighten me , whats the Significance of that 1.3140 level ?
Closing the GAP from 2 weeks ago

1.314x is also rising channel support
New voice message: Why are you calling me? If I need you, I'll call you!
  • #603,236
  • Mar 3, 2012 9:58am Mar 3, 2012 9:58am
im also thinking of some buys around 13140. we still have a gap to be closed so after that imo a run up is possible.http://atihun.1x.de/eur.jpg
follow the flow
  • #603,237
  • Mar 3, 2012 10:21am Mar 3, 2012 10:21am

..in that ballpark too
Attached Image (click to enlarge)
Click to Enlarge Name: EU.jpg Size: 237 KB
Daytrader
  • #603,238
  • Mar 3, 2012 10:35am Mar 3, 2012 10:35am
Quoting KillerWhale
Possible plan for next week:

1. Take my gains on shorts after Oanda spread is back to normal (currently 99, 46, 41 and another 41 pips (@ 10 pip spread)
2. Go long until 1.3280 - 1.3320 area.
3. Go short at that level to 1.3140 or maybe all the way to 1.3025. Sl maybe 1.3335

If market conditions allow.

But if we open with a GAP down, we might visit 1.3140 first.

Most stupid thing I did last week: I had a sizable short @ 1.3477 after the second top.
AND I CLOSED IT FOR JUST A FEW PIPS
where is your plan!?
place does not close winning positions too early....
  • #603,239
  • Mar 3, 2012 10:52am Mar 3, 2012 10:52am
  •  orzels
  • | Joined Nov 2011 | Status: Buy at resistance, Sell at support™ | 309 Posts
Quoting KillerWhale
Do they have female ...... in there............. flavor?
I'm afraid, yes
  • #603,240
  • Mar 3, 2012 11:09am Mar 3, 2012 11:09am
Quoting Atihun
im also thinking of some buys around 13140. we still have a gap to be closed so after that imo a run up is possible.http://atihun.1x.de/eur.jpg
~1.314ish
where the rubber meets he road!
Attached Image (click to enlarge)
Click to Enlarge Name: eu1.jpg Size: 253 KB
Daytrader
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