Iamp;#39;ve been hearing about forex trading for quite some time now and iamp;#39;m interested ,how can i get started? -

what are the steps i need to take to be sure of my eligibility? Anyone is quot;eligiblequot; to begin trading Forex......the question is are you quot;qualifiedquot; to begin trading Forex? There are two keys to address before participating in the market. 1st you must have a good understanding of the dynamics and the mechanics of participating in the marketplace. And second you must never invest money that you cannot afford to lose. Be aware that there are risky ways to trade in the Forex marketplace and there are conservative strategies that help to reduce that risks and increase your potential of generating a decent return Paul It is easy to start it, just searching in yahoo and type forex trading platform, example platform is FXCM, FXDD, Easy Forex, Marketiva and so many platform in this world. After you have make decision on choosing the platform. There are standard form for you to full fill it and scan it and send it to the Platform company (where it is in NFA (National Futures Association) www.nfa.future.org). After that that company will send you, registration number and using that number registration, and deposit money by using any bank. before that makesure they are giving you number account from that company for deposit. After that you can install the platform and link to the platform and you can see your money there. Forex trading is different with stock market trading in order to get profit. Example; stock market trading is same like business where you sold product more than you buy but in forex trading both side can get profit whether uptrend and downtrend depend on your position for position buy going up is profit and position sell going down is profit. but you must understand every position we make -2 happening. example we predict that uptrend will be happening then we make position buy at that time usd 1.3600 ((EUR/USD example we are using 1 Euro vs 1.3600usd ) depend on platform) -2. I suggest at least $1,000,000.00 KWD Try practising with the online fantasy game @ http://www.bullbearings.co.uk first..... then see about setting up an account somewhere you can do it for real once you ve established whether you re any good at it. You can open an free Marketiva forex online trading account , 5 USD live fund and 10000 USD virtual fund already in your account.! Open an free account and get $5 reward! http://www-forex.spaces.live.com

Can I trade other peopleamp;#39;s money in the Forex without being licensed? -

I found a system to make money in the Forex Trading. My question is this: Can I legally trade other people s money who want me to invest their money for them through my trading platform on my computer and charge them a commission without having a broker s license? It depends where you are. In the USA or UK, no.

How do I get into forex investing? -

I have some knowledge of forex investing but not that much. I am wanting to find a website where all you have to do is invest money and they do the rest with trading, etc. Does anyone know of any of these sites? There are many places anywhere where you can get people to trade forex accounts for you. But go for the government registered forex traders wherever you are, as this business has a lot of scams when it comes to people trading for you. My experience is that it is not a good idea unless you are a big account holder. You have the option to trade forex indirectly through funds that have professional traders to trade and you just buy units. Otherwise, I would feel it is better to learn to trade yourself. Get a good knowledge and some good tools like Forex Killer. for the forex investing , better to look for forex asset manager , I joined this company with couple of months, so far i m satisfied with thier performance , minimum entry is 50K, If you don t want to trade the account yourself, call a futures and commodities broker and tell him you want to invest in a managed fund. Some of those websites called HYIP (High Yield Investing Program) and they re 99% scam. You can t rely on those sites to make money. It s better for you to trade yourself. Register your self a forex demo account to practice your trading skill. http://forex-demo-account-trading.blogsp... http://forex-price-action-support-resist... You can go find forex asset managers or you can get forex softwares that do all the calculating for u while minimizing risk. I found a nice blog that might help: http://forex-killerpipsreview.blogspot.c... Good luck! Hello, Maybe I can help. I am an Introducing Broker with FXCM. FXCM offers some really good managed funds. I have a invested 12k of my personal funds with them. They are a well managed company and their accounts have nice minimums between 1k and 5k. E-mail me for questions or account set up. Mike inmytreee@aol.com http://www.fxcm.com/managed-accounts/Sys...

What is the best FOREX software for beginners? -

Do any companiees teach online forex trading? Some forex brokers offer demo accounts with virtual money, so you can trade for free and see how it works. Many forex experts are against demo accounts as it is possible that the results are not realistic. Some online forex brokers also offer free support and free 1 on 1 training as you start real forex trading. Check out the source below: Forex is risky, so only invest what you can afford to lose. Also avoid using very high leverage. As it can bring you large profits quickly, it can also whipe your account clean before you even know it. If you invest large amounts of money, trade with leverage 1:1 (only your invested money) and don t trade with more leverage than 10:1. If you invest small amounts of money, you ll need higher leverage to make a profit. In this case don t go beyond 100:1. Greed can be your enemy No. 1. Hope this helps! Regards, You can learn a lot from a website or company that has no hidden agenda ie; trying to sell you something. I found a nice primer website on currency trading over here: mgnetwork.org They have some very good articles which explain many of the basics and pitfalls you should be aware before you start Report Abuse There are many websites that teach online forex trading. Among the best are www.forex4noobs.com and www.babypips.com For software that helps you determine when to trade, check out http://www.secretforexsignals.com

How to use Foreign Exchange (FOREX)? -

How to use FOREX? is it easy to learn and is it reliable source of income??? what are the requirements for this? You should use ForEX as a hedge in your portfolio against more macro level events. It is not a money making scheme like they make it out to be in the infomercials. It is for serious investors that understand money supply and macro economic fundamentals. you can review any sites to learn all about forex, you can searh in yahoo search, many website in there.. regards ragga http://forexgolden.blogspot.com/

Can any one teach me how to Analyze Forex Market Trend through the Reading of Forex Candle stick.? -

Hey, I didn t know anything about forex either, but I went to http://sidchadha.andreaskir.hop.clickban... and it really helped me out, everything automatic. Try this.. let me know how it goes for you too This website that I recently found did wonders... http://thepass.iforex.hop.clickbank.net I really suggest you check it out!

If I earned profit from foriegn exchange Forex, do I get tax? -

Do I get income tax from earning money from Forex (foreign exchange)? Yes. If you held the foreign security for 1 year or under, it is a short term capital gain. If held it for over 1 year, it is a long term gain. If I am correct, almost all forex transactions are short term. They are reported on Schedule D, Form 1040. Ofcourse if you earn you need to pay income tax. Check out www.forexfundas.com to get free trading signals. I am following their signal and it gives me good profit. Check out www.forexfundas.com Offcourse, you need to pay tax If you are earning Income, You don t quot;getquot; tax, you PAY tax on any profits.

Question about the COT Report for Forex Traders? -

This is more of a survey than anything, but for forex traders, how useful is the Commitment of Traders report released by the CFTC? I heard that it is used to measure and gauge volumes on forex futures contracts. Is this true? On a scale of 1-10, how useful is the COT to you? I m going to select the best answer on five days from today. Not real useful to me at this point but I haven t really traded it extensively. It is supposed to work just like any other futures contract that is tracked on that report, go with the big boys when there is major divergence. That is, when the big boys are long and the small players and specs are short, that is the time to go long. I am subscribed to a COT service but right now, about a 2 on the usefulness scale. COT online charts: http://www.treideri.lv/cot_charts.php

Are there day trading rules for forex? -

Mainly, is there a minimum amount of funds required in your account. Like trading equities, there must be $25,000 in your account to day trade. Does forex have any requirements, or special rules only pertaining to forex? Any and all advice is welcome. Thank you. Are you sure you thought this through? Day trading amp; Forex? That s like throwing money out the window with one hand while playing craps with the other. The brokers will love you as long as your cash lasts. Verify what you read. Educate your self. Get diverse opinions. http://tradingforexonline.info/ provides information about forex trading, online forex trading forex trading software, forex trading system,forex currency trading. Doesn t look like there are any restrictions. It s traded OTC and is not marginable.

Has anyone here ever tried the forex enterprize system? -

I just wanna know if this site really works. its a online work from home business that you have to pay for and then you can download the information to start your own online business. I looked into this one and it was very hard to figure out how this had anything all to do with Forex. It is really a biz opp where you sign up for quot;multiple streams of incomequot; such as selling on ebay, selling your own e-books, sourcing products from cheap sources etc. etc. Then when (and if) you make money through these multiple sources he will show you how to invest it into the Forex market. Absolutely no info on what is actual Forex investment strategy is. I do know one person that is probably making good money at this.......him! Use caution there are much smarter ways to make a comfortable living in the Forex market space. Good luck. Paul I cannot answer your question. I am only writing to tell you that bijak sinner s response is one intended to trick you into signing up for a highly risky investment Using the Mtpredictor s technical analysis Elliot Wave Principle software, Bsmtprediction provides Forex Traders with FREE access to AUD/USD, EUR/GBP, GBP/USD, EUR/USD, NZD/USD, USD/CAD, USD/CHF, EUR/JPY, GBP/JPY amp; USD/JPY daily currency forecasts through this website. At Any Time / Any Day (we ll straight away post the signals here in real-time if there s any triggered) 1 hour, 4 hours amp; daily time frame forecasts are published on this site. The predictions are good from the moment they are published until either it reached the take profit target, hitted the stop loss or another new prediction of the same currency amp; timeframe unveils on the same / following day. Essentially, the prices shown are for an unknown period.. That s why we encourage you to subscribe our FREE Google Groups newsletter to get the latest signal updates sent to your e-mail from the very 1st minute it surfaces the net.. no.

Can I take a forex cover for INR and EURO directly without being affected by USD ? -

The intention is to avoid the volatility of the relationship between USD and Euro amp; USD-INR Why not ? But you cannot speculate or trade in Forex. If you are in import amp;/or export business, and bills are drawn on you in Euro, or you draw bills on your buyers in Euro , with payment facilities such as 60/90 days D/A etc., you can cover the amount in INR irrespective of fluctuations in foreign exchange. Your bankers can either take fluctuation risk on themselves or pass it on to the RBI. Can you expound your circumstances in more detail, to enable a possible solution to hedge FOREX exposure; the Currency cross markets between some currencies are deep amp; operate on a complex model with cross currency dependencies.IN the absence of a Cross-currency market (between Euro/INR) the USD serves as a vehicle currency,hence requires two trades. lt;IAAI(dot)Kaptal@gmail(dot)comgt;. Of course, they are all different in their own factors but largely each affect each other :) but if your fast it will be easy to guess.

Do automated forex trading systems work? -

I been interested in the forex currency trading system and was wondering if they really work? anyone have any info ...? please help! I have bought a few autopilot systems and so far they do seem to give a slight edge to the results. The one that I had the best results was Forex Raptor Software trading system. Forex Raptor made me some money on autopilot. No. The only reason you are quot;interestedquot; is that these schemes are heavily promoted. Forex is just another commodity. You might equally be interested in commodities such as gold, cotton, or eggs. Many forex brokers advertise commission free service. They profit with the bid/ask spread, but their spread is larger than traditional commodity firms, which charge a commission. Pros prefer paying a commision to the quot;freequot; brokers. I highly suspect your first responder is a scam. I d be wary of taking his links. This YA category is filled with more scams than any other category I know of. I would be careful about which forex systems you look into buying because there s a lot of scams out there which you can get burnt from. I would suggest taking a look at some reviews before you make any decisions because some of the systems you re going to see are less than satisfactory (no matter what the site suggests). When I was looking for a Forex system, I found http://www.fxsystemscompared.com which has reviewed all the top forex systems and given them HONEST and UNBIASED reviews based on actual customer comments online. For me, reading what they had to say made parting with my cash a no-brainer. Hope this helps? I m not sure if they work, I haven t tried it myself. Some say that they work so well that if the online broker finds out that you are using one, they will close your account--no questions asked. You will find a lot of information on the internet saying that they work, but you will find that the ones claiming that they do make money are the sites that are promoting them. If you go to trading forums such as elitetrader.com, moneytec.com or trade2win.com, you will find that the more successful and consistent trader still do it the old fashioned way. They do their own analysis, and decision when to trade and when not to trade. If they do use something to automate their trading, they make sure that they are on top of the situation, and understand how that system works. If you want to try one out, be very careful. Some may say they have money back guarantee if you are not happy with their bots, but these guarantees have impossible conditions to be met before you get your money back. Hope my input helps. - Jim Syyap, Managed Forex Accounts http://jsforex.blogspot.com You might find this helpful: http://www.squidoo.com/currencytradingsy... To answer your question. Yes these systems are proven to work. Some people like to use them as advisory tools, and some use them on autopilot. It s your choice, but be sure to choose the right system. I d recommend the ones on that site. Currency Trading, one of the biggest and most exciting markets on earth, offers you countless opportunities! If you a beginner, you have to download Complete Forex manual with detailed examples. no, of course not. think about it: if you had developed a program that could reliably make you good returns, would you let the entire world have it for $20 a month, or would you keep it to yourself and make a few million a year? Some of them work. http://www.24hcbmall.com/forex-trading Forex trading-http://tradingsforex.info/ No, it only works for people who have tons of money and profit from very small spreads. sure IF YOUR LUCKY!!!!!

Do we trading real currency and money in forex markets by the mean of our brokers? -

in other words, is it all about bets!? Yes,totally agree with you I m not sure I understand your question. There are risks to investing. And if you invest without any idea of the outcome, its like betting.

What is the best method to win big in forex? -

Cause a war, invest before it breaks out. Use lots of leverage and be right in both direction and timing. If its one word-its quot;Planningquot;.Nothing can substitute planning a trade in forex trading. Forex trading is best done in a disciplined manner. quot;Plan the trade.Trade the planquot;. Sticking to the preset strategy is very crucial.That said, constant amendments cannot be ruled out.A superior trading plan needs to robust as well flexible. here you find alot of tips http://c0000l.com/?cat=62 win big in forex? the only method is not to invest in FOREX. Well, I can tell you that the Forex is one of the most exciting investment vehicles I have seen in a long time. I carries a lot of upside as well as downside. You need to get yourself into a few good forums to listen and watch traders discuss their best strategies and technique for how they trade this huge market. Then you need to find a system that not only fits your trading style but also your schedule. You see this market is a living and breathing market 24 hrs a day 5 days a week. Some of the most active times are while most of us are asleep. That is where a long term strategy or and Auto Program (Expert Advisor) can be of a big help. I would suggest you get with a broker and a forum that use the Meta-$ trading platform. It has the most widely supported platforms in existence. Their is a lot of free stuff out there that can ge applied to this platform. One of which is the EA or Expert Adviser. This is a code base quot;Trading Botquot; that attaches to the Meta -4 to run a series of indicators, triggers and money management to auto trade your account based on preset limits and filters. Their are a lot of brilliant minds out there that have created some pretty sophisticated systems and you can get a hold of them for little to no cost to you. One of the best I have found by a long shot is the FAPTurbo system. This has been live tested for several years and perfected to auto trade for you with mind blowing results. Check it out for yourself at. http://lexcap2008.fapturbo.hop.clickbank... Good luck and keep learning. Win big only method available is to learn Big. Learn about the basics of forex trading to be successful here. Yes, there s a way! Using Forex Options rather than Forex Spot. Most trading system require a certain degree of bias to predict the market trend or direction in order to make money from the market. If you have been trading long enough you will know that this is very difficult no matter how good you are or how complex your software is. Predict where the market will trend is a difficult task for many of us. On the other hand predict where the market will not go is a much more easier task. Non Direction Trading is about making money predicting where the market will not go. Which is easier? To predict where the market will go or to predict where the market won t go? # Making money whether the market move up, move down or sideways after the position has been initiated * We have heard of term making money in up and down markets, you can make money in up or down markets provided you correctly anticipated where the market will go before you initiate the position. Once a position has been initiated you can only make money if the market head your ways. As a Forex Options Seller you can make money in Up, Down and Sideways market even after you have initiated the position. # Be wrong and still able to profit You can be totally wrong as a Forex Options Seller and you are still able to profit. You can be selling far out of money put because you are bullish on market direction. You can be wrong and market go against you but you can still be making money as long as the options you have sold did not go in the money by expiration. quot;Losing Money becomes a very difficult thing when you use Non Direction Trading Strategyquot; Here is a list of some currency ETFs. This is a great way to start learning about currency trading: http://top10traders.com/ViewSector.aspx?... 1 - Take the time to learn how the market works 2 - Develop your own trading strategy, or purchase a good system that you can improve 3 - Test your skills on a demo account until you make money consistently

Do forex trading robots work or just another scam? -

I keep getting email regarding trading robots for forex, on the surface these things make some sort of sense but then again I don t understand a lot of the jargon used, are these easy for someone who has no knowledge to use or are they just a load of hype Every bank who makes money in forex uses automated tools - so they do work - its using the right that matters. I never use anything I get in my inbox. I ve done tons of research on forex, the trading systems, etc. What I ve had the most success with, is Forex Tracer. Their customer service is unparalleled from anything I ve experienced when dealing with Forex. A compilation of my research: http://allforexeveryday.wordpress.com I trade enough to live a comfortable life. I quit my job a couple months back because I doubled my income in 7 months. I mostly trade for family members and friends now. For me Forex Tracer was the way to go. It s easy to understand and the people there will walk you through every step. Good luck. OF COURSE it s a scam .. First off, EVERYTHING you receive by JUNK MAIL is a scam .. just turn on the spam filter and never see this cr*p again .. WRT to ALL types of betting software, IF ANY of them the worked, then WHY aren t the sellers using the software to make $$ millions every hour of every day (instead of wasting their time spamming the world with junk emails) ??? ANSWER - because the ONLY way to make money from betting software is to scam morons out of license fee s .. Let me just say this, if I knew how to make 100k a day .... I would not send out a lefleat to you saying you can make 50k a day, and we both go 50/50 anyone that CAN make money, does make money ... a lot of these systems worked, and now don t, and that s when people like you are asked to climb aboard Hi, Every big trader uses some sort of software to help him or her along. However, there are some scams out there. So, always buy a software which has a money back guarantee. Test the software on a demo account so you won t lose any real cash until you re sure that it works. Check out this review of recommended softwares: http://www.squidoo.com/Automate-Forex-Tr... Some work, but you ve got to be careful about which ones you quot;trustquot;. There s so much crap out there that it s so easy to get burned. Here s a good resource for forex robots: http://fxsystemscompared.com/forex_syste... Do some programs work? Yes. Are the ones you are getting commercials for profitable? 99% NO. If they were, people would be busy making millions by trading them, not giving aways their hard earned edge in the markets for 100 bucks a month or so. Hey Check This Site ... They Are Really Good When It Comes To Forex http://www.forexbrotherhood.net/ Currency trading-http://tradingsforex.info/

Does the average person understand the forex market. Why donamp;#39;t more people trade? -

Is it a market that s out of reach of the regular market? I think it s getting popular. At least I got drawn into when I saw my friends doing very well. Forex Trading is serious business and being so volatile, unless you equip yourself with good knowledge and some good aids like software and books, it will be difficult to make good money. The forex market is something new to the retail investor. It is like anything an art and a science you need to master Yes although I have been investing for the last ten years I would recommend http://www.theinsidercode.com if you really have the time to learn the game. Mac will teach and coach you until you feel confident in reading the charts. However if you are new and have no time to moniter the markets I would suggest http://krore.forexrobot.hop.clickbank.ne... a unique automated robot that trades for you. In the last one year of using it I have not been able to get the huge gains of 200% per month as some others but I have got a conservative 50% profit on my $1000/- investment using a mini lot and am planning to increse my invest to $10,000/- and using a standard lot. Do not worry if you do not understand the terms mini lot and standard lot because there is also the micro lot if you want to start with only $100/-. The programme comes with a free course which will teach you all these basics. Best it comes with a 58 days money back guarantee. Test it for 50 days on a demo account and if you are not happy with your results get a full refund. http://krore.forexrobot.hop.clickbank.ne... Well a lot of people do trade the market. You just do not hear about it much due to its recent populatiry relative to stocks and other markets. Forex is more volatile than most other markets so you have constant, 24 hour, 5 days a week moving market. More winners and also more losers. You also have to add the fact when trading you a dealing with two different currencies that are affected by two different economical changes. So it is a constant awareness game and it is constantly changing. Trying to make money out of the ￡:$ rate is probably difficult enough.Even if you can guess which way it s going to move.What about ￡:$:Euro ? To work that out don t you need to be able to do simultaneous equations.

What Forex broker has the best spreads/commissions combination? -

Most Forex brokers have spreads of at least 2 pips on EUR/USD and many are 3 or 4 pip spreads. I m currently using Interactive Brokers whose spread on EUR/USD runs about 1 to 2 pips plus a small commission. Are there any Forex brokers that are better? I haven t heard of any. You re probably better off where you are, paying a small commission to keep the spread small. The spreads are terrible on the cross pairs, 8 and 10 pips. That s a $100 commission. But really, execution is more important than the spread. If you pay a one pip spread but get 2-10 pips slippage, you re worse off than just paying the 2-pip spread. I broker through FXDD (through PremiereTrade), and have been having real solid executions, right on the money, with no slippage at all until last Friday s Non-Farm Payroll report, and got raped for 56 pips from my order on the Euro. But there was some funny business with that report. My Entry Order executed at 8:29 a.m., one minute before the Report. Somebody was front-running, with advance knowledge, and everybody else got raped. How d you do? dredude52@yahoo.com

I need a qualitative a FOREX signal, feeds and review for FOREX trading, how can I get one of the best offer ? -

I need a qualitative a FOREX signal, feeds and review for FOREX trading, how can I get one of the best offer ? You should bear in the mind, the timeliness of such signals, trading platforms, quality of signal, reliability etc. Many thanks You need to read this eBook about FOREX, it explains everything in detail http://www.casovbooks.com/Forex.html Good Luck! You can visit reviews websites like http://www.forextopten.com/ or http://www.topforexeducation.com/ and easily compare multiple signal providers. For me I have tried Forex Killer and I am very impressed. It has made my forex trading so much easier and profitable. Overall the signals are profitable for me after using it for 3 months. My own favorite is Forex Tracer. It s a software for dynamic forex trading (including signals, feeds, charting) and intelligent data mining. from my long experience in forex trading markets , i ve tried many forex expert advisors and the last one i used was quot;forex tracer quot; and it gives me the best results, reliability and charting . forex tracer helped me get many really profitable trades . It s very easy to use and has many advantages , u can read more about at its website : http://www.forextracers.com For successful trading, focus more on fundamentals than technical analysis. Economic news analysis is what moves the markets. Here is a free site that shows what has happened after economic news releases: http://www.forexnewspatterns.com when it comes to trading forex, i still prefer the advice of an expert forex trader as compared to robotic/computerised signallers. you can never trust the timeliness and or quality of these so calledsignallers. on the other hand, this site will provide you such a live person to talk with along with other expert dealers in the chat room. your personal Account Service manager will walk you through the best techniques and strategies involved when trading forex. and this site is considered one of the today s world leaders in forex trading. and they can set your take profit and stop loss rates to ensure you can make unlimited gains but lose only the amount you have defined.

What is the difference between momentum and trend in forex market? -

Momentum The amount of acceleration of an economic, price, or volume movement. A trader who follows a movement strategy will purchase stocks that have recently risen in price. Momentum indicators Indicators used in market analysis to quantify the momentum of upward and downward price movements. Trend The general direction of the market. Trendline A technical chart line that depicts the past movement of a security and that is used in an attempt to help predict future price movements. So think of the difference like this. If you throw a ball; the first half of the ball s momentum is strong and stronger than 2nd half. Then after throwing ball several times you see a trend of strength the first half and less strength the second half. not really sure, but you can check the site below. they can give you a live one on one help as you need or you can subscribe for a free e-book on forex market. good luck. Find thousands of the best Youtube videos about forex, forex trading, managed forex accounts, stocks and other kinds of investments at http://www.forex-profit.info you should find an answer to your question there! momentum to me implies the movement is current (right now) and strong. a trend may exist on a pair but it may not be moving because pairs have movement cycles, then consolidations, then movements, then consolidations and it just keeps repeating. the trend dictates what direction. momentum is current movement (in my opinion). all 3 CAD pairs are in uptrends right now but they generally dont move until the USD and CAD session. they consolidate in between. good trading mark mc donnell www.forexearlywarning.com Momentum means movement and a trend means a pattern is developing.

What are the best ways to train myself in day trading on forex and stock market? -

I m not sure about specific courses but here are some links to websites that are known for proven stock and option trading tools. They have some courses you can sign up for. www.investools.com www.shadowtrader.net www.thinkorswim.com There are a lot of ebooks and seminars, classes and audio or video courses. Obviously any one of these is important as you need to know the basics. However the next step is tools, my favorite tool is a Forex trading bot you can read up on it at their website http://www.ebooksreviewed.info/forexbot if you re interested. I drastically increased my earnings when I started using this bad boy. Day trading is very dangerous.It takes time and patience to learn the forex market.Most people don t have the patience to learn to trade.Scalping the forex can be done but you need to learn how to read charts inside and out.The room I am in scalped the forex for about 180 pips this week but they have been trading for many years,but they help with your trades and learning how to trade,its small but they are very good. - Open a demo trading account. - Trade that account until you can tell when to trade and when not to trade. That is going be your trading method. - Trade and fine tune your trading method. - When you can trade using these methods and make money three months in a row, open a live account with the least amount of money possible with your broker. - Trade that live account using your trading method and fine tune some more. - When you can trade that live account with your trading methods and show profits three months in a row, add more funds to your account. Good luck! - Jim http://jsforex.blogspot.com The best ways to train yourself is buy a couple books and open a Demo account or two. Learn by reading and then by doing. There are numerous sites for retail forex. Discipline and patience. Crawl, Walk, Run. Sen. Clay Davis - The Wire This tool helped me a lot and I knew nothing about forex when I first started. And even though I have very low goals I am already up $3500 since may. check out what I use here: http://forex.lem4.com Youll be glad you did. I highly reccomend this course - not cheap but comprehensive: http://www.shareasale.com/r.cfm?B=16294amp;...

If a Forex guy says he has a Yen to make a Dollar, is he making Cents? -

Ignore Eurofication. I d be lire of his desires. It is no coin-cidence that he is trying to buck the system and get a peso the action. End the suspence and cash him in the act. Then pound him in the hindquarters. I m sure you ll stop him in dime! To be franc, he s simply trying to quot;markquot; his stature by schilling this cliched phrase. Pound for pound it makes him sound like a fiscal G-rupee. To be Frank, I d Pound him -- I won t Dinar it.

Can anybody point out the best ways and means to earn money in Forex Trading ? -

Forex traders or any market trader make money from riding the trend and by controlling risk. There is no gambling involved. It is all about discipline and following a plan. The best way is to simply ride along a long term trend. Day trading is riskier and take up more time - although I participate in this to make a little more pocket money if I m bored. The means by which you can make money is simply with any movement in the currency pairs. You can make money on an uptrend or a downtrend. Simple.

How is trading in FOREX? -

I tried 1 monthtrial account need suggestion should i go for the real ting now? Did you develop a successful Trading Plan? Remember, plan your Trade and Trade your Plan!! You MUST read through this site before doing anything http://www.online-futurestrading.com/ N.B: I am NOT associated with the site. I am a budding day trader and this site has very good advice. My advise is try Again. until you see that u have made Double the original amount. If you can make double the amount twice with a free demo, i say i want to give you my money, to trade for me. The other thing is, with demo money, you don t get to see how your emotion will influence your trading. that is why they say 90% of new traders lose their money in a long run, your enemy is emotions and hoping that the wave will reverse, therefore holding a long losing position. What i have leaned is this. The art of winning, i think comes from training your self(emotions) how to lose for a day, and trying tomorrow your luck tomorrow. As a new player, i am still leaning this hard skill. The other thing is with a demo, the game is intertaining, so you tend to play anytime when you feel the wave is going to go this way. With real money you can t play everyday, i personally, try to play only when i feel i have 80-90% chance of winning, i also try to play only home runs, i.e waves that are moving from extreme peaks or from extreme lows going up. that is an advise from a biginner practising how to handle temper.

Has anyone traded forex with Atwood and James? -

Hi. I m from the UK. I received a mailshot from Atwood and James and spoke to one of their representatives. They sound convincing but are they genuine? Has anyone had any experience trading forex with Atwood and James? Please share your experiences. Can anyone recommend any other good forex traders? I am new to forex and would appreciate any advice you may have. I think all these new inexperienced Forex traders are going to blow themselves up one day just like the inexperiences day traders did in 2000-2002 .com crash. Risks quot;Exchange Rate Risk – refers to the fluctuations in currency prices over a trading period. Prices can fall rapidly resulting in substantial losses unless stop loss orders are used when trading FOREX. Stop loss orders specify that the open position should be closed if currency prices pass a predetermined level. Stop loss orders can be used in conjunction with limit orders to automate FOREX trading – limit orders specify an open position should be closed at a specified profit target. Interest Rate Risk – can result from discrepancies between the interest rates in the two countries represented by the currency pair in a FOREX quote. This discrepancy can result in variations from the expected profit or loss of a particular FOREX transaction. Credit Risk – is the possibility that one party in a FOREX transaction may not honor their debt when the deal is closed. This may happen when a bank or financial institution declares insolvency. Credit risk is minimized by dealing on regulated exchanges which require members to be monitored for credit worthiness. Country Risk – is associated with governments that may become involved in foreign exchange markets by limiting the flow of currency. There is more country risk associated with exotic currencies than with major currencies that allow the free trading of their currency.quot; http://www.forexmarketexplained.com/Risk... You are trading against global banks, multi-national corporations and governments. You have to be able to predict their movements BEFORE they move. Do not touch atwood and james with a barge pole.They are con artists running an outfit in Rio de janeiro.they fleeced me of several thousand pounds. I am no fool but they fooled me!! It started off a bit dodgy with a currency futures options deal and then got worse.Why do they operate in Brasil??? Report Abuse i ve not much knowledge with Atwood and James but if you are looking for other options, you may check on this site. they provide each of their traders, newbie or experienced, a personal Account Service Manager to talk live over phone, email or chat to discuss any or all aspects of forex trading and will answer all of your technical questions. other than that, the site offers background information for the Forex market, Guided-Tour, seminars, one-on-one training, CHAT, telephone support, as well as other assistance tools, including technical support. enables users to start trading immediately and with no software required to download you may login to your account and trade anytime, from anywhere. allows you to fund your account with your credit card, so you can start trading immediately, regardless of banking work days or hours. And If you are a frequent trader dealing in larger volumes, they offer tailor-made account to suit your exact needs (spreads, leverage ratio, mobile-phone alerts, etc.). uses the latest highly sophisticated and advanced technologies in order to offer you up-to-the-second quotes. see it for yourself. I googled quot;Atwood amp; Jamesquot; and these are the results that I got. http://www.google.co.nz/search?q=atwood+... Hope this helps. Jim http://jsforexblogspot.com

Many people said that fxcm forex broker is very good,but also many others said that its not,which one is right -

i trade at fxcm demo account and i find it very good but after hearing many people say that it is a bad broker ,i started to think that it is good now only because it is a demo account and when i open a real account ,it will be bad .but also i heared people say that it is good .....so i am so confused ,which should i believe Hi! Try www.forexpeacearmy.com or www.elitetrader.com for a rating of FXCM. I′am an account holder there. But it′s true that they or anything is freezing the account sometimes. But in general I′am happy with them. Forex trading-http://tradingsforex.info/ Overall I m glad with them, but trading during news is not easy. You can check for reviews about them on Forextopten.com and Forexpeacearmy.com Hi, I demo on FXCM for months but opened a live account with another broker. I am now switching back to FXCM and just opened a live account. FXCM is good in terms of the ease of execution and the tight stop loss. I also used IBFX. In terms of spreads, FXCM seems to be pretty tight for GBP/USD, USD/CAD and I love the setup your Stop Loss and Stop Limit for market entries. The whole user experience for FXCM is awesome and they have a segregated accounts when you deposit your funds in FXCM UK. Hope this helps and enjoy your trading... The reason for what you are seeing is because FXCM is one of the largest brokers in the world, so there are obviously people who don t like them. They are not the best and not the worst. They are highly regulated which is good but their platform has some problems due to scalability issues... You can try searching online for reviews of the broker, check with the Better Business Bureau if they re in the US, or check consumer review sites like Consumer Reports to see if they have any info. You can browse the finance and investment areas of about.com as well to see what people say about all the various brokers. You can find information on other brokers on websites such as www.forex-potential.com if you decide to go with another broker, or if you re looking for a different simulation software/website to try before you dive into the real thing. Forex trading does take a lot of skill to master, but the potential gains are amazing. Good luck with your investments!

Does anyone know an online Forex broker that allows simultaneous buying amp; selling of a same currency pair? -

They usually call this hedging a currency pair I enter nothing but hedge positions with both Interbank FX and GFT. You can also place conservative hedge positions when you buy two currency pairs at the same time such as the USD/CHF and the GBP/USD. This can pay you a net positive interest each day and as a general rule, the two pairs tend to move in opposing directions with each other. Keep in mind though, that the forex market sometimes has a mind of its own and you should never participate without fully understanding and accepting the inherent risks. Hedge trading is a very intriguing way to participate in the Forex market and very few people actually understand the benefits. Good luck. Paul Most forex brokers (market makers) do these days. This includes www.fxcm.com, www.fxsol.com, www.ibfx.com and several others. There are major differences between the the above brokers like margin, spread, etc . that can be crucial to your trading success so if you want more specific onfo please pop me a line.

I am looking for free live forex charts that uses candlestick as a chart option. can anyone help? -

I have come accross some free forex candlesticks charts but the bars/chart were so small that I could barely see the candlestick bars. I am looking for nice clear candlestick charts for forex. I appreciate the help Hi, www.Oanda.com provide good charting Free of charge. You can sign up for a non expiring demo account. Or you can join Fxcm.com for demo account, but the account expires in a month time. and you can get trading signals from www.forex-signals-4u.com Hope the above helped. Here is a nice interactive chart of the British Pound http://charts3.barchart.com/chart.asp?sy... Just go here and put in the symbol you want http://www2.barchart.com/fxtech.asp ForexTV has some nice charts, but requires Java, and is a little slow: http://www.forextv.com/Forex/Charts/char... Also http://www.fxstreet.com/rates-charts/for... http://www.dailyfx.com/charts/ Get the free demo trading software from FXcast.com You can zoom into the candlestick charts and make it as big as you want! =gt; http://www.fxcast.com/?pr=20280 strongly suggest metatrader charting and execution platforms, do a google search or go to interbankfx or fxdd brokerages. good trading mark mc donnell www.forexearlywarning.com You also might look at futuresource.com

Do automated forex robots work? -

Hey guys, I was just curios, a friend of mine told me that it is possible to earn nice profit with automated forex robots. I kind of didn t believed him, because I m in forex for 5 years already and just couldn t find a reason for those robots to work? Anyone here had success with automated forex robots? You will be surprised but automated forex robots actually work. I myself am banking out with automated forex robots! If you need more info be sure to check out http://www.automatedforex.info Hope this helps Think logically about this. Let s see, I have a program that can make you millions of dollars, for a mere $5,000 I will sell it to you. Not likely. If the program really worked, they would keep it to themselves. quot;Black Boxquot; systems eventually blow up. The absolute best quot;Computerquot; you have is the 6 inches between your ears. No one will be able to come up with a program that can beat that one. P.s. Your brain does not cost anything to use. NOT like those automated forex robots. It s far too simple to say quot;No forex robots dont workquot;. The fact is all a robot is is a program that follows a certain strategy. If the robot fails it s usually the fault of the strategy. The best way to ensure your robot doesn t fail is to write your own. It s not as difficult as it might sound at first. There s a cool tutorial on how to do it over at http://www.automatedtradingsoftware.com/ and it s aimed at non-programmers and is totally free. Definitely worth a look if you re interested in forex trading robots. Hope that helps. No they do not work. Actually the answer is more complicated than that. The majority of the stuff offered in the context of forex is utter rubbish and people sell it because they can t personally make money in forex! That being said I could hypothesize that a bank somewhere may have a nerd who has created a method of making money in forex... and you can be sure that the program is not for sale! %99 of these automated systems don t work at all. the working ones costs tens of thousands of Dollars, But if you want , I tried one and i still use it untill now with success as every thing is automated, costs $97 as limited offer and has 60 day money back guarantee so risk free. Read more about that system here: http://www.ForexTracers.com Best Regards no, of course they don t work. if someone had a system that could make them millions and millions of dollars, do you really think they d give it to you?

I want to learn the basics of forex trading? -

what is a simple online free demo. I ve tried forex.com, and I couldn t understand anything on the site. I just want a simple one to learn the different aspects of currency trading. Please no winning strategies. I m not interested in learning how to make money, just learning the basics. why don t you try babypips.com and freeforexebook.org? Both websites teach the basics. You can also search for quot;Forex articlesquot; on google or yahoo. Obviously, buy cheap and sell for more! The profit potential comes from the fluctuations (changes) in the currency exchange market. The nice thing about the FOREX market, is that regular daily fluctuations, say - around 1%, are multiplied by 100! That s easy enough. babypips.com has a good intro to forex. And when your ready the forums at forex-tsd.com.

How to 100% make profit by invest online forex trading ? -

Please kindly advice ? Any formulation or indicator ? If you have to ask this question, I sincerely advise you not to trade forex online. There is NO way to make 100% profit, and even experienced traders lose money on some trades. There is no single formula or indicator, and if anyone claims there is, why should they give it to you? Please beware of all these scam artists who claim to make huge profits by trading forex. The truth is, over 90% people lose money. Only the professionals can make money in this kind of risky trading. It all is very possible. But if it were that easy, there would be millionaires everywhere. There is no magic formula. You need to read up and educate yourself on how to trade properly.

How does one calculate profits and losses in forex? -

by differences in points you open and close, simple ! i think u will find help in http://www.fagr.org/ i hope this can help http://www.investopedia.com/terms/p/pip....

Please tell how to invest in forex step by step from my computer? -

I m learning about the forex market as well. A great site I found is http://www.babypips.com. They do a great job of explaining the basics of trading currencies. Disclaimer: I am in no way affilated with this site and am not selling anything related to the fx market. I think firstly you should read following books: Technical Analysis by Jack D. Schwager; Comprehensive Course on The Wave Principle by A.J. Frost and Robert Prechter; Candlestick Charting Explained- Timeless Techniques for Trading Stocks and Futures by Gregory L. Morris; Trading Chaos – Applying Expert Techniques to Maximize Your Profit by Bill Williams; New Trading Dimensions by Bill Williams Then practice with demo and only then should start real trading with mini account Hey Bayphoto, If you looking for a system that does 95% of the work for you and takes the guesswork out of trading on the forex market check out www.smartforexinvestor.com. I also do online webinars to show you exactly how to trade on the forex that you might find informative. If you would like some more information feel free to call or email me. Best Regards, Yo Fujikawa Ph: 1-800-670-2683 Go take a look at some of the articles in the Currency Trading category at http://www.hammocksurvivalguide.com/

What time exactly is the forex rate set? -

I am wondering what time does the trading on forex close so the ratios are know for the next day. Thanks Every milli-second (during trading hours)........................ Forex is traded electronically in time zones all over the world, from Sunday 5pm to Friday 5pm New York time. There is no set spot price for a currency pair. It changes continuously. Banks and brokers can quote slightly different rates. the forex market is 24/7 even over the weekend when it closes for traders the market still moves up and down and the rates are changing by the second ,

How do I choose a forex trading system? -

I am new to the forex market and am looking for a good trading system that actually works. Can someone point me in the right direction please? Forex market or Foreign Currency Exchange market is one of the biggest trading market in the world with over USD 1.3 Trillion traded in a day. It is drawing attention ever since it is open to Online trading. Forex trading can be very profitable if you take your time to do a proper research, understanding various options and choose a system that works for you. The most used Forex trading system may not be the most suitable for your needs. There are many different kinds of Forex Trading Systems and you need to know a few facts as mentioned below, before choosing and funding a system. 1. Testimonials: Is there anyone out there who is trying to sell a system and show you testimonials from the people who actually didn t like the system? Highly unlikely. You should do proper research before indulging into a system that is completely new to you. 2. Impression: Do not be over impressed from high percentage of winning forex trades because a 90-95% winning trades with with average value $10 gets you $900. If you have 10% losing trade and unfortunately average losing trade is $200, then your account is reduced by $2000. This is an explanation that people often tend to ignore while doing Forex Trading or any trading in general. 3. Profit: Do you want to work with a Forex Trading system that breaks even? Why? If you keep the money in your home, you will still break even, then why take all the hassles of setting up an Forex Trading account and do all the work. Really speaking, you should always do some research on how profitable a particular trading system is? 4. Drawdown: The maximum drawdown of trading system is defined as the greatest peak-to-valley drawdown in a trading system’s equity. Maximum drawdown gives us a measure of the survivability of the trading system. 5. Time to profit: The actual time it takes to achieve the results with a particular trading system. You should plan to have a long and profitable relationship with your trading system. Try to use a trading system that let you open a Demo account so that you can practice and learn about Forex Trading without risking any money. I have tried many of these systems in my quest to simplify my trading experience. I personally have found FreedomRocks to be the system that has worked for me. I have found no bad information on this system from anybody that has actually used it. I have found many skeptics and bashers but nothing from those that have actually tried at least the free trial they offer. Below are a couple of links that may that I have found in my travels around the web: http://www.yourforexinvestor.com http://www.babypips.com To your success, Brandon Wells bjwells@yourforexinvestor.com 877-773-5345 Please check out the site http://www.planetforex.co.cc/ it actually has a section especially for trading systems that says you how to choose a system. Report Abuse http://www.forex-autocash.com/ Forex Autocash has never lose a Forex Trade In The last 8 years and 8 months! Just imagine results like this: Zero Loser in the last 8 years and 8 months..And still winning! An Astonishing 50,000% Profit! 597 Consecutive Profitable Trades! And The Best Part? It All Ha Report Abuse Forex has a great system to trade currencies on, go to our website to signup for a free demo. www.phantomtrading.com The demo is good for 30 days, I think you will like it. I have heard pretty good testimonies for Forex Mentor. It uses what Peter Bain calls a Pivot point system that uses quot;commercial support and resistancequot; lines plus a combination of candle sticks, trendlines, MACD, stochastics. Sounds like the basic stuffs, but the quot;cookingquot; the ingredient is the magic. Anyway you can check it out for yourself here @ http://www.geocities.com/lcming/ForexFor... If you want a safe and easy trading system, I would suggest looking at www.myfxsecrets.com. The system offered there is very easy to use and pretty inexpensive. I ve been using it for a few months and have a gained a steady return. It s worth taking a look. Actually nobody can provide you with perfect for you trading system because everyone of us are different people we have different viewpoints, different characters and different trading ballances, therefore system which is very profitable for others may not suit to you. Only you can and must create your own trading system. Some books will help you. Of course you should have study others trading systems too. But finally you should create it yourself. If you have any question please don t hesitate and apply to my via e-mail or pm. Good luck! There are a couple of other variables that determine if a Forex trading system will work or not. They are Fear and Greed. It is my experence that the most important element in successfully trading in the Forex marketplace is to get to know your own inner emotions. You can best accomplish this through trading demo accounts and not using any of your own money until you understand your own tolerance to risk and experience the personal emotions involved when the market turns against you. Do you stay with your plan or do you bail out early because of fear? Do you stay with your plan or do you take profits too early because of greed? I strongly suggest to all my clients to take advantage of the free demo accounts provided by most Forex brokers. Test out different tactics. Experience trend trading, experiment with seeing how news releases impact your demo account balances, test out a conservative hedging strategy and see how Forex can be used as a part of a long term investment strategy. You can have fun and learn alot by trading with demo accounts. You will know when it is time for you to put a few dollars on the line. But take your time. The Forex market is not going anywhere it will be waiting for you when you are ready. I have a couple of artices that you may find interesting. Just drop me an email. Paul Check this forum, there s lot of info. http://www.forexfactory.com/forum.php

Has anyone used the forex broker traders exchange corp.? -

I m looking to use them for a managed forex account. They are based in Pennslvania and they used CMS Forex for trading. Any feedback about them would be appreciated. You are looking to trade at FOREX market ?. Take a look at: http://www.finanzasforex.com/prg...... they are a Private Club of Investments and offer very high interest funds. (10% to 23% month) and more 3000 investors just in this moment. You can gain access now for FREE to register and look inside.

Do stock brokers offer leverage as forex brokers do? -

And in what market(stocks or fx)can you make more money with a smaler investment. A stock broker might offer 2:1 leverage, meaning that you would need to have $500 in your account to buy $1,000 worth of stock – in Forex, leverage goes as high as 400:1. At 400:1, you would need to have $250 in your account in order to buy one standard lot of EUR/USD. With a leveraged position, a Forex trader magnifies the potential gains from any price movements, however losses are magnified by the same degree. High-leverage trading is the essence of what distinguishes retail Forex from other markets. Forex will allow you to make more money with a smaller investment.

Which is the best Forex broker for trading purposes offering good terms? -

I am form india and I want to know which Forex trading portal that offers attractive spread and good leverage, MIG Investments of Neucatel, Switzerland is the best by far. I live in San Jose, Calif. in the US, and spent almost a full month researching brokers before ending up with MIG. I even had live posiions with four US Brokers only to cancel them one by one as I realized their failings, and untruths. I originally wanted to deal only with US Brokers, but they are totally unregulated. Brokers in Switzerland are heavily regulated, probably the only place that is in the entire world. Hi, I could introduce you to forex broker who has tight spreads. Total 25 currency pairs, Gold and Silver. SPREADS: 2 pips for EURUSD, USDJPY, AUDUSD, EURGBP, EURCHF; 3 pips for GBPUSD, USDCHF, USDCAD, EURJPY; 4 pips for CADJPY, CHFJPY; 5 pips for NZDUSD, AUDJPY; 6 pips for EURAUD, GBPCHF, NZDJPY; 7 pips for EURCAD, GBPJPY; 8 pips for GBPCAD, GBPAUD, AUDCHF, CADCHF, NZDCHF; 10 pips for AUDCAD, AUDNZD. LEVERAGE 1:200 default but client could chose the leverage from 1:1 to 1:200 at the account opening procedure. MARGINS. The margin or leverage a client can have depends on the client s account equity. The table below shows margin requirements for the different equity levels: Less than 25,000 - 0.5% 25,000 to 1,000,000 - 1% 1,000,000 to 5,000,000 - 2% 5,000,000 to 10,000,000 - 3% Above 10,000,000 - 5% Please note that on weekends and holidays margin requirements remains the same. SWAPS are counted as negative as positive. Also is available swap-free accounts. STOP and LIMIT orders may be placed as close as 5 fips from market price TRADING TERMINAL Meta Trader 4. Clients can choose to have their accounts denominated in either USD, EUR, GBP, JPY, CHF, AUD or CAD. Initial account opening deposit from US$2000. From first view it probably looks high comparing with other brokers who allow mini accounts and minimum initial deposit from USD250 but it is more useful and safer because clients are more protected from quick stop out and total loss of the initial deposit in the case if unfortunately it would be several unlucky trades in rage. This is regular forex trading account however it is allowed trading in mini lots (from 0.1 lot). They are among the fx brokers leaders and located in Switzerland. If you are interesting I could introduce you to them. Furthermore I could provide you for free with more than 50 trading e-books and trading systems that worth more than several thousand dollars and are very useful as for beginners as for experienced traders. If you are interested please e-mail or PM me (press on my name) and I provide you with further information Good luck! VP quot;Best forex brokerquot; probably doesn t exist but some things you should look into are: - Check their spreads - Speed of execution - What the Trading Platform is like - What is their support like You can get more info on choosing the best broker here: http://www.margin-strategies.info/best-f...

Where can I find a mentor to teach me forex and what is the least amount of money you need to start? -

I m looking to get into forex trading and was wondering how I could find somebody to teach me. Also I found this site www.marketiva.com and it says that you can start trading for $1 but when I went to open an account they said that they didn t accept people from the US, so I was wondering if there was any others like that one? find someone that is a futures trader that will mentor you, then just trade the currency future contracts (cme listed). You can open forex accounts with about $500 - they are something like mini accounts, i believe the tick sizes are around 50 cents depending on the pair. also, the spot forex are great technical trades (much more so then other contracts).....you can make tons of money trading forex just by buying/selling 50% fib retracements. 1) Harvard 2) $1,000,000.00 KWD Take about $30 and flush it down your toilet. If you enjoy that feeling, then go for it! Forex is gambling, plain amp; simple, and bears no relationship to investing in the stock market. The best way to make money in forex is to sell quot;systemsquot; to suckers.

What if Retail Forex dealers and Market Makers are just simply becoming mega rich controlling the Market? -

Who s done research ? Who makes FX Profits? I need to know!!! AFAIK, they already are mega rich. Take George Soros as an example. They can move the market in any direction that they want because almost majority of the money involved in forex market are theirs.

Is forex a good job to have a respectful income?Any one who is involeved in and have a profit to tell me? -

Trading is a difficult job. With any job, if you are just doing it for the money, you will tire easily and eventually move on to another job. If you trade just for the money, and not love of trading, you will also blow out your investment. At least the other jobs, you make something. About 85%-90% of all traders lose money. Tough odds. You better like it a lot, be ready to devote yourself to it, work crummy hours, and spend a lot of time with a computer. But yes, it can be rewarding. But just because you are successful elsewhere, doesn t mean you can be a trader. Doctors and lawyers are the worst traders of the professionals. And you ll have to try it and invest a lot of money before you ll know. You must like to read, study, and learn. its possible to use forex to gain income, but of course you have to get started, learn trading strategies, risk management, and learning the use of technical analysis such as charts/indicators. A trader wthout a plan may panic when there are unexpected swings in the market etc. so making your own style through trial and error can help, also indicators and charts are not always 100% right.. throgh practice you ll be able to gain and develop a feel on how the foreign exchange market works. I just started with a new forex investment scheme, its really great! I share it with friends inclusive of few high calibre professionals, they practiced it without any complaints. Check this out at http://www.MyFreeForex.com, it may helps. Forex is high return and high risk line of business..You can get more information at - http://the-forex-trading.blogspot.com It s a great job if you are well trained and qualified, and not greedy. Also, just be aware of the hours that you will work, as this is a Global Market that is very active and competitive, while most people in the US are sleeping. Think Foreign Time Zones... visit http://netnew.tripod.com and search for online trading or finance page Forex trading is highly volatile, and risky - if you haven t paper-traded or practiced with fake money first. This is what I did for 3 years, until I was comfortable enough with the strategy I had developed to put real money into trading the Swiss Franc and US Dollar. While I do not trade Forex full time, it does provide me with a respectable side income. I suggest a few things: 1) Keep it simple! Don t start monitoring 15 different currency pairs! Stick with one and master it. 2) Test your theories! There are a ton of articles and books out there that preach thousands of various technical indicators and oscillators and Fibonacci retracements.. While some may be legitimate, most simply serve to line the pockets of the authors and confuse you. Check this site out: http://www.forex-markets.com/javacharts.... It offers free charts for a bunch of currency pairs, going back a few years. It s the best way, in my estimation, to get a grasp on how specific pairs operate, and to test your strategies. 3) Make sure you are adequately capitalized, and never bet the house on one trade! In order to trade full time, you need the bankroll - my recommendation is to have 50x the value of a 100 pip fluctuation. In other words, the value of 5000 pips. It seems like a lot, but it will keep your head above water in tough times. So to answer your question, yes - you can make a respectful income, but only if you educate yourself first, and treat it like a business next. Investing $10,000 won t make you a millionaire overnight. You need to be realistic. Good luck!

How can I start to invest and buy stocks? Where should i go; like i know maybe through forex, but i#039;m not sure? -

Buy a good book that explains the basics. The mechanics of dealing, valuing shares, picking sectors, financial ratios etc. Forget Forex. start from the beginning. Ask questions if you don t understand.Have a look at http://www.shareworld.co.uk I am not sure, I understand your question for sure but it seems you may be asking two things? Forex and Stocks are two different things. Forex trading is trading of currencies - a sort of working of the exchange rates between two countries against each other for profit. Stocks is investing in companies with intent to profit off of a companies increased profits. Forex is traded through Forex brokerages. While stocks are traded through Stock brokerages. You would need to decide which you really want to do and then pick the broker of your choice. Here s a list of Stock brokers you can check into: http://www.tradewiser.com/brokers.html And here s a list of Forex brokers you can check into: http://www.forex-brokers-list.com/broker... I made the assumption that you were in the USA as well. Hope this helps If you want to start in forex, you could do with the incredibly interesting quot;Step-by-step beginners guidequot; at http://www.forexfromscratch.com This free book shows you the 5 steps you need to take in order to start earning from forex. It s got everything from demo accounts to trading systems in there. All you need to do is type your nae and email in the boxes and hit the quot;submitquot; button. Hope this helps? If your looking to get into forex and want to dodge the learning curve, then forex trading software is what you should look into. These things are pretty cool. They run on complete autopilot, make trades and close trades without you even knowing. From looking at some reviews, a lot of people are making some good money, plus you usually have 60 days to test out the system on a demo account to see if it works......if it doesn t, you just request a refund: http://www.allcbreviews.com/finance/auto... Regards, B well start with a financial planner and let them lead the way Scott trade but since you are a beginner, i suggest you wait till mid 2009 or whenever we have a bottom on housing and credit crisis I think forex is god choie, if you have power to managed, this site can be your review http://forexgolden.blogspot.com/

Have you made a livable income from Forex trading? -

And had no trouble withdrawing your wins....? yes. depends on which broker you are with. check options below if you wish. from Forex advisor rather than trading. I sell the international articles, theses interpretated into chinese to the traders. No; and No.

Does anyone know of a free forex tool that shows top traders buy or sell positions? -

Does anyone know of a free forex tool that shows top traders buy or sell positions?? Different softwares/ platforms have keys, sometimes the f5 key, which can let you know buy or sell positions. It depends on the software you are using.

What is the best way to work in forex traiding, i mean how i know when to buy and when to sell? -

i am stocking on it with some hedges, so help me plz!! If you re asking about FOREX on Yahoo questions, well, you re in for a world of pain. Besides, your question is unclear. What are you trading? What kind of strategies do you employ? What kind of risk can you handle? Can you become a Forex Broker? Any individual or company that has contacts with individuals or other companies who might be interested in trading forex online, either by themselves or through a forex broker can become a forex Introducing Broker. Below are some typical examples of companies that can become successful forex Introducing Brokers (IBs). This list is not exhaustive, so if you don t see a description of your company type or your personal background, you can check out any forex broker online. Independent Financial Advisers Successful Forex Traders Banks Insurance companies Advertising companies Organisers of financial seminars Estate agents Sales Executives with interested* client base Any business professional with interested* clients *How do you know if your contacts are interested in the forex markets? If your contacts are the kind of people who satisfy all or some of the following criteria, then the chances are that they might be interested in trading forex. And this means that you can earn commissions from introducing them to a forex broker: Previous experience in trading online Previous experience in investing Have disposable income to trade (usually above USD10,000) Are interested in alternative forms of investment Want to trade themselves Want professionals to trade for them There are few prospects that offer individual or commercial entrepreneurs more benefits than those provided by becoming an introducing broker in the online foreign exchange business. These benefits are driving more and more ambitious individuals and companies to offer their customers and contacts a direct route to trading currencies online and/or investing their money in professionally managed forex accounts. Qualified businesses and individuals across the world take advantage of the rapid growth of the forex market via an introducing broker relationship. If you want to be one of them, read the section below on why you should become an Introducing Broker. Below, I have listed just some of the advantages of becoming an Introducing Broker for an online forex brokerage: Introducing Brokers - Why should you become one? Your benefits Provide your customers and contact with access to the freedom that comes from actively trading their own money online on secure forex trading platforms. Increase the number of investment and money-making opportunities you offer your clients and network, which in turn improves the scope and reputation of your own business and can lead to greater client retention levels. You are paid a commission based on the trading volume of the clients you refer. For your clients, this doesn t mean that they pay more. You are remunerated exclusively by the forex broker out of his profit from your referred clients. You can receive daily reports on the commissions you generate through the clients you refer to your forex broker. This enables you to monitor the growth of you new business online, 24 hours a day. You can take advantage of the explosive growth in the demand for alternative investments by offering your high-net worth clients a managed forex account. By introducing clients to a managed forex account, you gain because their investments are being managed by professionals and this increases your reputation as a quality financial services provider. It s easy to get started as an Introducing Broker. In fact, if you simply decide you want to introduce clients for a commission based on their trade volume (which is the most popular type of Introducing Broker agreement), then all you need is a relationship with a couple of forex brokers. You can leverage the potential in your existing customer base or commercial relationships by constantly improving the level and depth of financial services you provide. Your clients often gain better service from you (if you choose to manage your relationship with them directly. The reason for this is that most forex brokers are international and that means that they may not have the in-depth expertise or understanding of your clients specific needs as you do. This improves your service offering and assists in building client loyalty. Your own Swiss bank account. A few forex brokers even provide Introducing Brokers with their own Swiss bank account where all commissions are paid. The advantages of having your own Swiss bank account are well known, but there are some great free guides to Swiss banking on the net. Your clients benefits Your clients can trade forex whenever they choose. The forex market is the most liquid and most actively traded market in the world. This means that 24 hours a day from Sunday evening 22:00 CET until Friday evening 22:00 CET they can decide for themselves when they want to trade and when they want time off. Your clients get free account management services to make their online forex trading even easier. All reputable forex brokers provide a complete back office (account management) system, free of charge to all clients. Your clients can diversify their investment into online forex trading. More and more investors and traders choose to spread their risk by investing in a number of capital market products, such as stocks, forex, futures etc. Your clients do not have to be investment wizards. Anyone can learn how to trade forex in a few hours. In fact, most forex brokers provide in-depth training in how to use their systems. Getting started as an Introducing Broker Make sure that the forex broker you choose to become an Introducing Broker for provides all the assistance you require to grow your new business. The best ones in the market will provide you with the support, materials and training you need so that you can promote their online currency services to your clients and contacts in the most informed and compelling way as possible.

Can any body give me the telephone no of Forex Tacloban? -

I send a box to the phiippines last June 18 until now we did not recieved it yet. Contact the FOREX company where you sent the box -- instead of the recipient FOREX office. Ask them for the phone number of FOREX in Manila, and have someone call that office when the box can be expected to arrive in Tacloban In many cases, FOREX does not have a physical office in that province, and it is their Manila office who will be responsible for shipping the box to Tacloban. It typically takes 45 days to send a balikbayan box to Manila, with an additional 1-2 weeks if it is in the Visayas ive never heard of that place before but i researched it and i found this website http://www.forexworld.com/default.asp and in store locator i dug up this information about the forex office in Tacloban City: Tacloban 201 Hollywood St., ph 4 Ext. Vamp;G Subd. Tacloban City Philippines Contact(s): Ramon Lacabe on the website in the middle of the page you can enter the tracking number of the box you sent and im sure it will give you all the information your looking for. good luck and i hope your box arrives safely! please pick me for best answer i researched hard! :)

Automatic Forex Expert Advisor Trading System? -

Does anyone have any experience with this system or similar systems and what is your opinion? Expert advisors have some application Advantages: Can generally execute some commands, like entering trades based on one timeframe and certain conditions. Scripts can work well for closing out trades at certain $ profit limits. Disadvantages Two people using the same EA can get different results and sometimes vastly different with stops, limits and entries not executing. You must leave your computer on or an EA wont work, or use 2 or 3 laptops running simultaneously. If an EA buys the GBP/USD for example and closes it out for +75 pips and ths pair continues up for another 500 pips you missed 80% of the move. This is terrible money management but the EA still did what it was supposed to do. Possible solutons: Learn to trade the forex, sounds pretty dumb i know. Get a server based execution system not one based on an EA. Get an effective set of trend signals and do some papertrading. good trading mark mc donnell www.forexearlywarning.com This question is begging every scam artist to get in touch with you. FX (Forex) is the home of more scam artists than any other trading area. People want to believe they can pay for a quot;programquot; and make easy money. It simply doesn t work that way. Read some of the reviews on www.ForexBastards.com amp; you ll get a feeling about this market place.

What is the tax rate on Capital gains when investing in the FOREX? -

that depends on country to country. Usually Forex traders receive a significant tax advantage over securities traders under Section 1256: reporting capital gains on IRS Form 6781 (Gains and Losses from Section 1256 Contracts and Straddles) allows you to split your capital gains on Schedule D, with 60% taxed at the lower long-term capital gains rate (currently 15%) and 40% at the ordinary or short-term capital gains rate of up to 35%. That combined rate of 23% amounts to a 12% advantage over the ordinary (or short-term) rate. Tax reporting for Forex traders can be rather complicated. Even the IRS does not yet have a clear process. It is best to contact a tax expert who specializes in Forex issues. Finexo is best for saving high capital Gains Rates are calculated as per normal market tax rates. You will definitely find your answer at one of our financial blog providing free tips and guidance for investment in Indian stock market in particular and world markets in general. Do visit us at http://indian-share-tips.blogspot.com For free profit making day trading tips in Indian stock market - researched hot intraday shares analysis for NSE amp; BSE. http://stock-market-tip.blogspot.com For Indian stock tips which can make you a Millionaire. http://day-trading-shares.blogspot.com For free daily tips for Reliance, Infosys, SBI, ACC, ONGC amp; Tata Steel http://abc-stock-market.blogspot.com For the technical analysis of stock market which is presented in a simplified manner. It depends on where you are trading from. Your forex broker can best answer this question for you. Try getting in touch with your broker s customer support either by phone, email or online chat.

Is it normal to assume that someone can make a living doing can make a living doing forex? -

If you treat it like a profession and learn about it, then you can make a living. In fact, I have many friends who have a comfortable life on forex trading. But if you expect forex to be a magic solution then you may get disappointed. If you define normal from a statistical point of view, where quot;normalquot; is the highest peak of the bell curve (50th percentile of any population), then I m afraid the answer is no. Although I do not have scientific proof of this, it is commonly accepted knowledge that over 90-95% of all Forex traders will lose money in the long run. Leaving around 5% of traders who can successfully make trading Forex a profitable profession. Still, the lure of skyrocketing profits is too compelling for many traders to ignore. So before you dive into a career in trading Forex, do your due diligence and research as many success and failure stories as possible. Be careful in weeding out the claims of astronomical returns and place every success story in right context. Perhaps a trader was only that successful over the course of a few months, or a few years? Question things like that. Don t be afraid to ask other traders about their trading careers either. yes ! I make living trading forex i am trading forex for last 5 years and now make consisistent profits i also trade for my clients who find it diificult to trade and also teach newbies abt it No, foreign currency trading is speculation, i.e. gambling. Most investment caompanies have teams of experts with years of experience and they still get burned quite a bit. Rather hard to make a living on, or even cover your rolaids expenses on, I d wager. You can make a living doing forex. I am a forex trader and I make a living through it but make sure you are well trained before venturing into it. Click the source below to learn more. okay so we are assuming that someone can make a living,doing, can make a living doing forex? what? you ve confused me.. what exactly are we doing? are we doing making a living?? It s possible. BUt know that over 90% of traders actually lose money on the forex market. If you are good at anything you can make a living from it. I really didn t understand. Try rephrasing the question. Say whatt?? This question makes NO sense... Huh??? i think that they can because it is possible yes?

How can I be successful in FOREX, serious investors only? -

And also, how long would it take to be good at it? Thanks in advance. In my opinion if you re just starting you must: 1 - visit free websites like http://www.freeforexebook.org/ , and learn some of the basics for free, 2 - open a demo account and practice. You should use this demo account until you re making consistent profits, 3 - Consider buying a good system or course that can increase your trading skills. Use websites like http://www.forextopten.com/ to find a good system and avoid scams. 4 - only start trading on a real account if you re making good money on a demo account. 5 - Always keep learning and studying the markets. Keep reading books and taking courses How long will it take to master forex depends on how hard you work on it. If you re serious about Forex, you can become a good trader on it in 3-6 months. You can be successful in Forex if you have discipline. Everything else follows. You must educate yourself by reading books and talking to traders. And when you trade you must trade with a plan. How long? Some people have a natural ability. Other s don t. For those that don t it may take some time. It really depends on how fast you learn from your mistakes. Hello, I also had a similair problem as you have. I had a good amount of money, and wanted it to grow. So I looked around on the internet to find something that is: 1) giving me great returns towards a relatively small risk 2) Professional people who know what they where doing with my money. I m glad to say I finally found a moneymanager who is capable of giving me good returns and give me a great support. On this blog you can follow up all the results that he is making: http://my-robottrader.blogspot.com/ My money is working for me, in three months time I already have a ROI of 76%. So you don t hear me complaining! Annyway if you would like to get in touch with my moneymanager to have some more information feel free to contact me you can send an email to me at derrekmay at gmail.com. Then I ll give you the email adress of my moneymanager Hope this has helped you! if you are also serious in forex trading you need to do your research before jumping into serious business. forex trading is not as easy as everyone thought. the volatility of the market will drain your pocket if you are not learned enough. suggest you get a free ebook from this site. you need to read and study all what you need to learn. you can even avail of the advices from expert traders and you can have a personal account service manager to guide you and make sure you understand the business. I ve been playing around for a year and I feel a lot more confident now. Last few months I was able to make good profits but more important is I felt confident whereas before I was always a bit nervous entering trades. Having some good tools is important. Lately I found Forex Killer very useful to help me. It has helped me made good profits.

What is Forex Trading? and how do you make profits? -

Is it a sort of gambling and could you really make money? Forex trading is just like stock trading, only here you try to benefit from the change in the value of a currency in respect to other. I have started a blog where I am telling free information on a daily basis and am also posting trades I place along with the analysis on why I placed the trade. This all is free. You can check out there to gain more info - http://the-forex-trading.blogspot.com Most people who play Forex lose money. See this Website: go back to the children s section 1) Foreign Exchange Trading (Currencies) 2) You sell $1.00 United States of America Dollar for $1.00 Euro and then you sell the Euro for $1.10 United States of America Dollar and you make $0.10 3) Forex is only Gambling if you buy and sell currencies based only on the name of the Currency like when you are betting on horses and you said hey that quot;faster than everybodyquot; horse has a cool name I am going to bet on it. and you use the same quot;techniquequot; and say I was last year on Japan on Vacation and it was a very cool country and that is why I am buying yen today or I hate Communism and that is why I am not buying Yuan. On the other hand, if you analyze the countries and their economic factors, unemployemt, debt, interest rates and many more factors and you buy or sell a currency based on your calculations and analysis then you are not gambling anymore. 4) Yes. Here is a FREE practice account: fxcm.com NOTE: if you don t have at least $1,000,000.00 in assets (Excluding all your residences and all your cars) I suggest you to stay away from Forex. Top 3 Answerer in Business amp; Finance. (Vote for me) http://en.wikipedia.org/wiki/FOREX Forex trading is trading in Foreign currencies..... e.g. using US Dollars to buy British Pounds, holding onto them for a certain amount of time..... then selling them again if / when the value has gone up to more than you paid for them. For example, at time of writing this reply: US $1.00 = ￡0.53 (British Pounds amp; Pence). US $5000 = ￡2,659.10 Now, say the exchange rate changes so that it s now ￡0.50 to the Dollar..... It becomes ￡2,659.10 = $5,318.20 So, you can make money..... but you REALLY, REALLY need to understand how it works (and alot of luck).

I am interested in trading forex, anyone know of a site that requires minimal startup trading rate? -

I would like to give it a try with a start up of $100 or less, any clues? My and world favourite is Oanda.com You can start with 1$ they accept paypal bank wire and local U.S. checks Yes. It s great. Check out www.freedomrocks.com/21305. You can even demo trade with a free 15-day trial. After that it s only $100 a month. My friend clued me into this. She started with $3,000 in October and is up to $11,000 and growing. If you need more details email me. Yes check the website below where top Forex trading programs have been reviewed. You can open a demo account for free and start Forex trading and when you are comfortable then invest some money. http://money-review-site.com/investment.... I suggest you to buy Euros (NYSE:FXE) I also suggest you to invest in currencies using ETFs (Exchange Traded Funds) at TD Ameritrade if you have at least $25,000.00 USD. If you only have $100.00 then you should invest in Diamonds (AMEX:DIA) Currency Speculation by Forex is for millionaires (In USD) only. The risks are too high. Hi, Oanda is probably good, but I don t like their software (trading station). I preffer to work with MetaTrader 4. If you are interesting I could introduce you to one brokerage company in Austria that allows to trade from same account currency trading (forex), commodities, metals and cfd on shares. Total 500 instruments available; spread from 1 pip; for openning trading account you need just $150. If you open trading account under my referral I provide you for free with trading techniques that I successfully use for several years. If you have any question please do not hesitate and pm or e-mail me (press on my name). Good luck!

Does the forex auto pilot work? can some one become a millionaire/billionaire with it or not? reasons? -

if so why dont many people know about it? If you re good at it and have some luck, you can become millionaire on Forex. However you must work hard because this is a difficult market. About autopilot, i saw good reviews about it: http://www.forextopten.com/forexautopilo... I found a website that is reviewing 3 trading systems. I purchased the one that they recommended as #1. So far I have made about 400 pips with Forex Auto Pilot! They give you links to the websites that have live trading statements, most trading systems that I have found only had backtests. I would stay away from any system that can t back it up with results from trading on real money. The website is expert-advisors.com Happy Trading if this is one of those online schemes then no it won t work because the thing is that they ask money from you to start you up but really there are a scam and you wont benefit from anyway some a legit and work but look at forums and other s review about that specfic scheme

How can I get the previous dayamp;#39;s open, close, high, low for any pair of currency to trade forex? -

I will like to use this details to calculate my pivot point, resistance, and supports. I export my data at piptrader.com Most forex trading platforms would allow you to do this. If you want to check this on a regular basis, I would suggest using MetaTrader4 software and a demo account from Alpari. It has all the charting and indicators you need as well. Here s the link: http://www.alpari-idc.com/en/metatrader4... try www.oanda.com Hello, If you use metatrader and don t want to calculate it manually, I have a free forex indicator to calculate and display daily pivot points automatically. Just download from link below. Thanks and good luck! Goto www.dailyfx.com/charts/Charts.html When the chart opens up, it is EUR/USD . If you want to change the pair, click on intrument to change the pair. When you ve chosen your pair, click on time scale and chose daily. Then click on View and then information on the drop down menu. You will be able to get the open, high, low and close for the previous day. Hope this help you out!

How do I make money with the forex? No advertisers of BS artists please .... just real people who know.? -

If you have something that is working for racking in cash in the forex please let me know. If you are full of BS or selling somthing please do not bother. Hi Your best bet is a club as they do not sell you anything, they do not charge fees and the good ones show steady returns. Some are expensive some are not. I personally recommend Green Briar wealth pool as they have been around for a while now, they make a good return but do not claim outrageous profits as some clubs and companies. Write to them at greenbriar123@aol.com Good Luck in all your investments! If someone does have quot;something that is working for racking in cashquot;, there certainly not going to tell you about it. They may try to sell it to you. But if it works so well that it is worth buying then why aren t these people using it themselves and making more money using it than selling it ? Why don t you educate yourself, get a demo account and practice. Patience and discipline are going to get you to the finish line. People who are truly successful don t need to feed there ego by telling everyone how great they are and how much money they made. Patience and Discipline. Why have you chosen forex? I mean why forex? Perhaps it is due to some advertising you saw somewhere? Look. People that know nothing about currency trading have no business trading currencies. The same thing goes for options, futures, and day trading. The vast majority of investors that get suckered into these types of high-risk trading lose a lot of money. By the way, the people that make the most money are the ones selling the software and services, which is why you see all the advertising. You need to learn how to read charts.News plays a large part in the trend of the currency pairs.One thing for sure is that it takes patients.Most people fail because they want instant success and big money that just doesn t happen,patience ,patience.I have been trading the forex for several years and it still surprises me. I personally use an automated program I got, trying to manually stay on top of it gets pretty difficult and stressfull (especially if you like to sleep once in a while :) ). I got the forex bot @ http://www.ebooksreviewed.info/forexbot if you re interested in going that route. Forex is not that difficult if you have tools like this to help you out. Try it on your own though and it can cost you.

Is there any corporations hiring forex trading people? -

Yes,try to develop your own EA,and sell it...

How often do forex traders trade? -

Some of us are Forex quot;investorsquot; rather than Forex traders and only quot;tradequot; once or twice a year. We make conservative trades that generate consistent, long term results. Other traders may enter and exit positions multiple times in a single day. Very often. Haha, you ask funny questions!!!!38

Who is the best online broker in the forex market? -

I have been trying several platforms and reading reviews. Virtually every platform has someone warning you it is a scam. I have forgone FXCM and I am trying Interbank right now. Does anyone have alternative suggestions? I m looking for ease of use regarding limits, stops, fast trade execution etc. I have used GFTFOREX and like it but I am holding lots over time. I have looked at Interbank and like the chart features but never traded. I have used FXsolutions and liked the ease of use and the way it looked. I have looked in to Forex.com and ac-markets.com. one world forex. It just depends. Using the Mtpredictor s technical analysis Elliot Wave Principle software, Bsmtprediction provides Forex Traders with FREE access to AUD/USD, EUR/GBP, GBP/USD, EUR/USD, NZD/USD, USD/CAD, USD/CHF, EUR/JPY, GBP/JPY amp; USD/JPY daily currency forecasts through this website. At Any Time / Any Day (we ll straight away post the signals here in real-time if there s any triggered) 1 hour, 4 hours amp; daily time frame forecasts are published on this site. The predictions are good from the moment they are published until either it reached the take profit target, hitted the stop loss or another new prediction of the same currency amp; timeframe unveils on the same / following day. Essentially, the prices shown are for an unknown period.. That s why we encourage you to subscribe our FREE Google Groups newsletter to get the latest signal updates sent to your e-mail from the very 1st minute it surfaces the net.. have you try easy-forex or forex yard ? if yes what do you think about them.

I want to get involve in forex trading.? -

I heard about forex trading, how can i get involve in it.What is the first step to be done and the next steps? You need to read everything about Forex so that you learn as fast as possible how to make money in this market. You can start by reading free websites or ebooks. http://www.forextopten.com/ http://www.freeforexebook.org/ Then you must open a demo account with a broker so that you can practice your trading without risking your real money. Finally you can buy a good book or system to help you improve your trading. you can look up for reviews websites like http://www.topforexeducation.com/ in order to easily compare the different products. The first step is to learn as much as you can about forex before you even consider actual trading. Second step is to try forex trading by opening demo account. Various forex brokers and trading platforms allow you to open free demo account where you will be able to experience trading with quot;virtual moneyquot; instead of real money. These accounts are great for beginners. Demo account will show you whether you are able to make money on forex or not. Third step is actual trading and should only be undergone if you completed previous steps. To start actual trading find forex broker, open account and start trading. Trading forex is not a way to get out of debt and to get quick cash if you are in desperate need for money. You should only trade with money you can afford to lose. Good luck! Best regards, If you are new, don t just jump in whatever anyone says. Learn the trade first. Read as much as you can and open a forex account but don t do any real trade until you are ready. Just keep on practicing on paper trades. Most brokers allow for this. When you are really ready then do small trades first. You may want to try one of the new forex autopilot software systems like Forex Raptor, Forex Killer, Forex Assassin, Forex Beater ....etc. There are quite a few and they are generally easy to use and is fantastic for new comers. But remember to do paper trades until you are sure you know what you are doing. first you got to start a account and then you should decide on the investment part and know the ethics in forex trading. Educate yourself on forex trading. I agree you should not do real trades until you are ready. Register with a broker and do paper trades. Focus more on fundamentals than technical analysis. Economic news analysis is what moves the markets. Here is a free site that shows what has happened after economic news releases: http://www.forexnewspatterns.com Here are some good trading guides here: http://www.estocktrades.info/guides.php

Looking for an ethical Forex broker? -

I have been trading forex for about a year now through forex.com. I recently discovered how unethical forex.com and 99% of the brokers are. Any forex traders out there let me know your opinions about different brokers. I have found that Finex and EFX group seem to be the most legit. I am not sure what you mean by unethical. However, I have had no problems with Interbank FX, GFT and FXCM. I d like to know what you quot;recently discoveredquot;. Good luck. Paul I Think OANDA is good choice. ------------------------------ quot;My way to financial freedomquot; - http://re.awarded.in/re/top-forex-tradin... ------------------------------ Here is an excellent site with some wonderful options 4 U. Check it out…….. http://lnk.in/4sk8

How safer is my money invested on CFTC registered forex brokers.? -

Forex in the US, outside of futures and options, is completely unregulated. The reason is that in the US, if you were holding a 5 Euro note, you could sell it to anyone at any price they would accept in Dollars, Yen or cookies. There are no rules other than ordinary rules under common law. They cannot steal from you, in the sense, it is against the law to embezzle, but they can quote any price they want for exchanges. So, for example, if the market price is 1.35 Dollars to the Euro, they can quote you 1.33 or 1.35 or 5.00 to the Euro. It isn t fraud, they can do anything they want and you only trade with them because it is a dealers market. They cannot stay away from market for long, just long enough to do margin calls and sweep up money from vulnerable customers. There is tight regulation in the United Kingdom and none at all here. If you want to be safe, avoid forex. High profit usually comes with high risk. Your money is not safe with any Forex. Find something safer to invest in, like a no-load, Balanced Mutual Fund

Why all people lose money trading forex, is there any secret ways of trading? -

I don t believe everyone lose money trading forex. However, majority of traders lose money. I have been trading since 2005. I lost in the beginning when I did not master my emotions and did not have my own system in place. I tried trading following other people s system. It did not work. You need to create your own trading system and have the discipline to follow it through everytime, with your stop loss in place. Test your system, test and test some more with a demo account. If you are satisfied with your demo performance, then you can start trading your system with a real account. Losing money will make anyone feel uneasy or guilty. But for beginner traders, huge losses make them feel particularly guilty, more so than other more experienced traders. For some, it goes back to growing up and being taught by our parents to save the hard-earned money for a rainy day. Losing the money almost equates to breaking a family tradition we’ve lived by our entire life. For short-term trading (the type of trading that many beginner traders are involved in), risking money is a necessity. And again, many believe this goes against how they were raised. Combine that with the ever-present pressures from family and friends when you tell them that you are becoming a trader or the “I-told-you-so” when you lose money, you’re almost set up from the started to feel guilty about what you’re doing. Don t be shy, go take the course at http://www.babypips.com It is free and one of the best sites, I have come across in Forex education. Hi.. The reason people lose money is becasuer often they have not been trained to make money by trading currency. Are you able to do surgery? If you are not a surgeon you will ruin more lives than those you save. Trading is a skill and everyone needs training. It is not a natural thing..it must be learned. because it is practically a scam. They make money off all the idiots that think they can time the market and when they lose all of their money, they are afraid to say anything. But if they make money they tell everyone, so their idiot friends think that quot;if this idiot can make money, so can Iquot;. No real secrets. The facts are that amateurs can t compete with the knowledge of professional Fx traders or with the resources they have at their command. It s like a high school JV football team playing the Indianapolis Colts. Unless the entire Colts team comes down with an extremely bad case of the flu, they re gonna win (and, even with the flu, they ll still win if they can make it to the field). Does that mean that it s impossible for the quot;average joequot; to make money in Fx. No, it s not impossible. However it s extremely unlikely and when it does happen, it s usually due to a stroke of good luck. all people DONT lose when trading forex options. it is just another way to invest and trade albeit a very lucrative one. if you are not able to make money trading quot;longquot; in equities then the forex is NOT for you. If you have not traded equities before and someone has talked you into trading in the forex market then this is a sign that person is NOT a friend. They are either stupid or they are trying to seperate you from your money for some alternative reason. Well the simple answer is if ALL people are losing money than all you have to do is the opposite of whatever they are doing. If they buy....you sell. If they sell....you buy. In reality ALL people do not lose money at Forex. I will however agree that MOST people lose money at Forex. I also have a feeling that MOST people lose money in options, futures and the stock market as well. Th real problems are human nature and human emeotions. Without a specific trading plan and the discipline to stick to a plan you have no chance to succeed in Forex. Most people are controlled by fear and greed. How many times have you stayed in a trade too long because you were greedy and wanted more only to see the trade move further against you. How many times have you gotten out of a trade too soon because you were afraid that it woul move against you but as soon as you got out the market continued to generate profits that should have been yours. So I guess to answer your question....yes there is a secret way to trade Forex. It is to have a solid trading plan, have the firm discipline to stick to the plan, always use a stop loss, always have a profit target, pay very close attention to your charts, keep fear and greed locked in a drawer somewhere......... Or setup a simple conservative hedge trade where you let the market do it s thing. You don t care because you can make money if the market goes up or down. You will get paid an interest payment everyday. And you only have to spend about 30 minutes a week to manage an account of any size. I am simply amazed that more peolple do not use hedging strategies....the banks all do......and they are trading YOUR money! study somemore! Using the Mtpredictor s technical analysis Elliot Wave Principle software, Bsmtprediction provides Forex Traders with FREE access to AUD/USD, EUR/GBP, GBP/USD, EUR/USD, NZD/USD, USD/CAD, USD/CHF, EUR/JPY, GBP/JPY amp; USD/JPY daily currency forecasts through this website. At Any Time / Any Day (we ll straight away post the signals here in real-time if there s any triggered) 1 hour, 4 hours amp; daily time frame forecasts are published on this site. The predictions are good from the moment they are published until either it reached the take profit target, hitted the stop loss or another new prediction of the same currency amp; timeframe unveils on the same / following day. Essentially, the prices shown are for an unknown period.. That s why we encourage you to subscribe our FREE Google Groups newsletter to get the latest signal updates sent to your e-mail from the very 1st minute it surfaces the net..