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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Online Forex Trading in Sri Lanka

Online Forex Trading in Sri Lanka

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121Online Forex Trading in Sri Lanka - Page 7 Empty Re: Online Forex Trading in Sri Lanka Mon Jan 07, 2013 5:19 pm

fxmpower


Stock Analytic
Stock Analytic
@kordel wrote:Anybody use autotrading platforms when trading with forex ? Or do you any of you provide signals on such platforms , i'm talking about web based online applications like zulutrade , where you the user can follow for free signal providers and copy their signals live to your account. Any info would be great.

Hello there,
I guess i did not read the beginning of the thread. so, are you asking about recommending singal providers? Very Happy

122Online Forex Trading in Sri Lanka - Page 7 Empty Forex-Auto Trading Fri Jul 05, 2013 9:54 am

yes0


Senior Equity Analytic
Senior Equity Analytic
if you want advise about this pls send a mail to hanoof444@gmail.com

123Online Forex Trading in Sri Lanka - Page 7 Empty Re: Online Forex Trading in Sri Lanka Fri Jul 05, 2013 3:20 pm

fxmpower


Stock Analytic
Stock Analytic
well, why don't you just reply to me here - wold be great to actually have a discussion with the other members here ...

124Online Forex Trading in Sri Lanka - Page 7 Empty Re: Online Forex Trading in Sri Lanka Fri Jul 05, 2013 5:23 pm

yes0


Senior Equity Analytic
Senior Equity Analytic
there are attachments nd indicator

125Online Forex Trading in Sri Lanka - Page 7 Empty Re: Online Forex Trading in Sri Lanka Fri Jul 05, 2013 6:36 pm

fxmpower


Stock Analytic
Stock Analytic
im sorry all i need are the names of the signal providers and I can search them on zulutrade.

126Online Forex Trading in Sri Lanka - Page 7 Empty Re: Online Forex Trading in Sri Lanka Fri Oct 25, 2013 10:01 am

lakshanraj

lakshanraj
Stock Analytic
Stock Analytic
Hi everyone,

I was involved with Stock Trading from 2008 & went out of the market in 2011 due to the downturn. Meantime I found the beauty of forex trading thanks to internet.

After few years of learning & making losses, now I'm making a consistent income from Forex. Smile
I'll be more than happy to answer your questions.

Happy Trading to you Very Happy

127Online Forex Trading in Sri Lanka - Page 7 Empty Re: Online Forex Trading in Sri Lanka Fri Oct 25, 2013 8:39 pm

freebird


Manager - Equity Analytics
Manager - Equity Analytics
@lakshanraj wrote:Hi everyone,

I was involved with Stock Trading from 2008 & went out of the market in 2011 due to the downturn. Meantime I found the beauty of forex trading thanks to internet.

After few years of learning & making losses, now I'm making a consistent income from Forex. Smile
I'll be more than happy to answer your questions.

Happy Trading to you Very Happy
so how can we do i deart. i did it with practice accounts . finally i loss. firstly i won .

128Online Forex Trading in Sri Lanka - Page 7 Empty Re: Online Forex Trading in Sri Lanka Sun Oct 27, 2013 8:41 am

yes0


Senior Equity Analytic
Senior Equity Analytic
thnx traderathome
chat with me hanoof444@gmail.com.

i have to discuss with my strategy...
i found some sri lankans are losing money on forex.

dont use etoro.. etoro is a big cheating site

129Online Forex Trading in Sri Lanka - Page 7 Empty Re: Online Forex Trading in Sri Lanka Sun Oct 27, 2013 1:29 pm

lakshanraj

lakshanraj
Stock Analytic
Stock Analytic
It's very easy to lose money on trading than earning unless u're smarter than the average participants.

You should control your risk with effective money management principles while protecting your capital.

130Online Forex Trading in Sri Lanka - Page 7 Empty Re: Online Forex Trading in Sri Lanka Mon Oct 28, 2013 6:51 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
yes0 has been promoting some illegal forex stuff on another post as promotional activity so had to ban him for couple of days.
Anyone using this site for cheap promotion will also be banned without warning. Pls do use the site for knowledge acquiring and sharing..

TAH u can continue to educate the members on forex since ur style doesn't harm the forum ethics. Dont cross the line though.

131Online Forex Trading in Sri Lanka - Page 7 Empty Re: Online Forex Trading in Sri Lanka Tue Oct 29, 2013 12:04 am

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
I do not want to talk about Forex Trading...because its not good for the forum. The last thing we need is some legal complication for the EF.

132Online Forex Trading in Sri Lanka - Page 7 Empty Re: Online Forex Trading in Sri Lanka Tue Oct 29, 2013 3:26 pm

knockknobbler


Manager - Equity Analytics
Manager - Equity Analytics
There is a misconception.............., that trading in  foreign currency  is illegal.

If you have earned foreign currency(FC) , through employment, export of goods /services you are permitted to maintain  a FC account  ( by way of NRFC, RFC ,FCBU  account with a commercial bank) and  there is no domestic law to prevent you  using  that money for  FC trading or any other FC transaction.  

What is illegal is the use of Sri Lankan Rupees for FC trading.  Not only for FC trading, use of SL rupees for any type of FC transactions, other than the transactions  allowed by Exchange Control Act , is illegal in Sri Lanka.

133Online Forex Trading in Sri Lanka - Page 7 Empty Re: Online Forex Trading in Sri Lanka Tue Oct 29, 2013 3:55 pm

K.Haputantri

K.Haputantri
Co-Admin
@knockknobbler wrote:There is a misconception.............., that trading in  foreign currency  is illegal.

If you have earned foreign currency(FC) , through employment, export of goods /services you are permitted to maintain  a FC account  ( by way of NRFC, RFC ,FCBU  account with a commercial bank) and  there is no domestic law to prevent you  using  that money for  FC trading or any other FC transaction.  

What is illegal is the use of Sri Lankan Rupees for FC trading.  Not only for FC trading, use of SL rupees for any type of FC transactions, other than the transactions  allowed by Exchange Control Act , is illegal in Sri Lanka.
No one said its illegal but the fact is that there is no legal basis in Sri Lanka for forex trade. Its a high risk trade even for experienced people. Sure way to loose hard earned foreign exchange.

134Online Forex Trading in Sri Lanka - Page 7 Empty Forex Trading??? what do you know about it? Thu Feb 27, 2014 9:07 am

Mahawawtta


Manager - Equity Analytics
Manager - Equity Analytics
Dear Friends, Is anybody in this forum ever tried Forex trading? If so appreciate if you could share your experience with me.

135Online Forex Trading in Sri Lanka - Page 7 Empty Re: Online Forex Trading in Sri Lanka Fri Mar 07, 2014 3:39 pm

Lahiru


Stock Trader
Hey Friend,

In order to step into the forex market you should have a good knowledge on technicals and it is all about forex. In Sri Lanka there is only a broker who facilitates forex trading. Such a dangerous market since the leverage is around 1:500.
Open a Demo account and try before u get into the market...

136Online Forex Trading in Sri Lanka - Page 7 Empty Re: Online Forex Trading in Sri Lanka Fri Mar 07, 2014 4:45 pm

Light of Hope


Vice President - Equity Analytics
Vice President - Equity Analytics
Prohibited in SL.

137Online Forex Trading in Sri Lanka - Page 7 Empty Re: Online Forex Trading in Sri Lanka Fri Mar 07, 2014 4:49 pm

Jiggysaurus

Jiggysaurus
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Light of Hope wrote:Prohibited in SL.

Maybe prohibited but i'm sure the ARIMA model can be used to predict the forex movement.

138Online Forex Trading in Sri Lanka - Page 7 Empty Re: Online Forex Trading in Sri Lanka Fri Mar 07, 2014 4:58 pm

Light of Hope


Vice President - Equity Analytics
Vice President - Equity Analytics
@Jiggysaurus wrote:
@Light of Hope wrote:Prohibited in SL.

Maybe prohibited but i'm sure the ARIMA model can be used to predict the forex movement.

Oh yea i forgot that. The model is based on gil mart movement. Normally technical guys take 14 and 50 day in MACD but in here, how the forum stats was taken up in 6 days, we take 7 day and 20 day moving averages. call this indicator 'gima'. Gima movements are very powerful, you see how ARIMA has stated no?

139Online Forex Trading in Sri Lanka - Page 7 Empty Re: Online Forex Trading in Sri Lanka Fri Mar 07, 2014 6:37 pm

Lahiru


Stock Trader
@Light of Hope wrote:Prohibited in SL.

Might be prohibited in Sri Lanka.... But there are several international brokers who provide the Forex trading facility and so far I have never come across any constrain in trading currencies...... Wire transfers do the job and what U have to do is trade... and take the profits......  Smile 

140Online Forex Trading in Sri Lanka - Page 7 Empty Re: Online Forex Trading in Sri Lanka Sat Mar 08, 2014 8:50 am

gagamini


Manager - Equity Analytics
Manager - Equity Analytics
You need a through knowledge in technical thing for F. Trading.Since leverage is so high it is so risky . You have to be very very careful . If you loose that is in USD . You have to practice in Demo as well as real cash with a nominal amount . However , this is legally not available here . To my knowledge , sometime back NTB accepted foreign cash if have NRFC or RFC account . There , they manage your currency portfolio on their platform and you are just an investor . i don't know still they are doing it .

141Online Forex Trading in Sri Lanka - Page 7 Empty Re: Online Forex Trading in Sri Lanka Fri Mar 21, 2014 8:28 pm

fxmpower


Stock Analytic
Stock Analytic
I can tell you , I know nothing but I have made tons of good returns from the forex markets! Totally worth is when it comes to copy the zulutrade traders and use the protective tools the platform gives you.

142Online Forex Trading in Sri Lanka - Page 7 Empty Re: Online Forex Trading in Sri Lanka Fri Mar 21, 2014 11:48 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert
@fxmpower wrote:I can tell you , I know nothing but I have made tons of good returns from the forex markets! Totally worth is when it comes to copy the zulutrade traders and use the protective tools the platform gives you.
this guy is trying to skim the retail investors  Rolling Eyes 

143Online Forex Trading in Sri Lanka - Page 7 Empty Re: Online Forex Trading in Sri Lanka Wed Mar 26, 2014 5:54 pm

fxmpower


Stock Analytic
Stock Analytic
SHARK wrote:
@fxmpower wrote:I can tell you , I know nothing but I have made tons of good returns from the forex markets! Totally worth is when it comes to copy the zulutrade traders and use the protective tools the platform gives you.
 this guy is trying to skim the retail investors  Rolling Eyes 

Apologies! Not my intention when it comes to that, I was just wanted to give another perspective that I have been using. Nothing more, nothing less.  cyclops 

144Online Forex Trading in Sri Lanka - Page 7 Empty Re: Online Forex Trading in Sri Lanka Wed Mar 26, 2014 7:08 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert
@fxmpower wrote:
SHARK wrote:
@fxmpower wrote:I can tell you , I know nothing but I have made tons of good returns from the forex markets! Totally worth is when it comes to copy the zulutrade traders and use the protective tools the platform gives you.
 this guy is trying to skim the retail investors  Rolling Eyes 

Apologies! Not my intention when it comes to that, I was just wanted to give another perspective that I have been using. Nothing more, nothing less.  cyclops 
 Rolling Eyes 

145Online Forex Trading in Sri Lanka - Page 7 Empty Re: Online Forex Trading in Sri Lanka Wed Mar 26, 2014 8:14 pm

fxmpower


Stock Analytic
Stock Analytic
SHARK wrote:
@fxmpower wrote:
SHARK wrote:
@fxmpower wrote:I can tell you , I know nothing but I have made tons of good returns from the forex markets! Totally worth is when it comes to copy the zulutrade traders and use the protective tools the platform gives you.
 this guy is trying to skim the retail investors  Rolling Eyes 

Apologies! Not my intention when it comes to that, I was just wanted to give another perspective that I have been using. Nothing more, nothing less.  cyclops 
 Rolling Eyes 

Now you just being mean! I see no problem in expressing a different opinion and experience, after all, i learned thought the experience of others and since we have something good, why not disseminate the news. Zulutrade is a good good trading platform and the traders are quite good, i managed to make lovely returns over the years.

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