Monday, May 28, 2007

What is the ideal capital to open a mini forex account? -

I plan to open a mini account with USD800. what leverage should i use? do i have the right to choose the leverage i want? i plan to start small....1:2 or 1:3. i had played a demo account for 2 months. Current P/L is USD866.91 with USD3000 account. But i m not sure what leverage i m using. $800 is fine for opening your mini account. You can utilize leverage as low as 1:1 with most any broker and you can go as high as 200:1 or even 400:1. Rather than focusing on the leverage, what you should actually be focusing on is the margin. At a 5% margin on an $800 account you would be positioning $40 into the trade. At a 1:1 leverage you would be controlling only $40 of currency (less the spread or quot;commissionquot;). At a 100:1 leverage you would be controlling $4000 of currency with the same $40. I would be happy to send you some more info if this is confusing for you. Paul pupp50@yahoo.com Your 800 dollars to start with is good.. Most forex brokerage places have a 1:200 or 1:400 leverage, the 1:200 is better. There are a lot of good places out there to choose from. I m looking to start trading myself in the next few months. Forex Trading is done in quot;lotsquot; a standard lot is 1,000,000$ but you can trade in smaller lots with some companies that offer the mini accounts. I don t think you can go as low as 1:2, but more of 1:100. I started here http://www.samstownecenter.com/forex/hom... email me if you want some good forex trading brokerage firms. I did some demo s with about 6 so far.

I want to setup an data vending service for stock forex and comodities for that i? -

need an downloader so that i can offer that downloader to my clients which then can download the quotos from my server can u suggest me anyone who can make an custom downloader for me Have you paid for a data feed from each of the exchanges? Have you paid for a license to redistribute this data? If not, then nobody can help you. You don t own the quotes, even if you ve captured them and have them on your server. They remain the property of the relevant exchange who will stop you from selling them.

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? There s a really neat explanation of how Forex Leverage works in the free beginners guide at http://www.forexfromscratch.com All you need to do is type your name and email into the boxes, hit the submit button and they will email you the book. It s a fully illustrated 5 step guide to starting in forex - tells you everything you need to know! Forex is not easy, but you can learn. It all depends on how much time you are ready to invest in study. There are many e-books available to start with. You can also open practice account and trade. At my site I have free ebooks for download. also 5USD coupons to start trading with the easiest broker now. Find them in Brokers review. Good luck Its not easy to learn, that is for sure. I just got into it and people warn you left and right that you need to know what you are doing before you start placing any trades. Well, I m not one to sit around and wait. I wanted to get into it right away, so I kind of cut some corners. I actually went out and bought the forex tracer software program and have had it running on a demo account for one week now. This thing is really cool. It has built in logic that will open trades and close trades based on certain criteria (what that criteria is, I have no clue). Currently, I have 6 profitable trades completed by the system as follows: Profits: $9 $273 $45 $190 $11 $80 It currently has one open trade that hasn t closed yet, but so far so good. I have close to 50 days left on my trial period, so if it keeps going at this rate, I m thinking about investing some real money into an account. If it tanks and starts showing losses, I ll probably just request my refund. Regards, B

What is the best website for downloading stock/forex quotes using an API? -

I m not looking for the traditional stock quotes website where the user types in a symbol and gets a quote. I want a website that offers an API (application programming interface) that a programmer can use to integrate stock/future/option/forex quotes into an application he is building. If it s not a free service then price will be a consideration. CMSFX has an API FOREX!

In the forex market why are there giant spikes in price sometimes even when theres no news at all? -

I have noticed that happening during the quiet periods, when the major markets are closed. It mostly happens when a major institution makes a quick trade. Since the forex market is so vast, it s nearly impossible to predict these things. It could be a mid-sized Japanese bank, or even the Fed. Just stay out of the market while its happening (unless of course you re making tons of money on an open position).

Might astrology be useful for investing in the stock, futures, or forex market as a self-fulfilling prophecy? -

Please note, that I do NOT believe in the validity of astrology itself. Nonetheless, human beings are superstitious beings and every year that goes by, not only does quot;New Age Mysticismquot; become increasingly popular, BUT ALSO more and more investors are putting their faith in astrological analysis of the markets! Surely this should be a very dangerous way to risk your finances. Nonetheless, astrology seems to actually WORK when it comes to investing, according to all reports. How so? Consider that, as the markets are nothing more and nothing less than a direct reflection of the mass human psyche (of all participating traders) then might not astrological predictions be increasingly reliable tools for the savvy investor to pay attention to? Simply because of the increasing mass of investors using astrology, the market ends up reflecting the resulting trends? In this limited sense perhaps, astrology IS for real - maybe I ll be buying a good astrology program soon..?!? You could probably make a lot of money selling stock advice to people that is based on astrology. Just make your stock picks by throwing a dart at a stock table on the wall, then make up some astrological mumbo jumbo to make the customers happy. there s something called sales marketing predictions, big website companies like SloanCenter are into it. try to get into their websites and ask them no i say not. you are better reading the following books though. the intelligent investor security analysis bizbag security analysis frank j kelly jr analysts fjkellyjr@bellsouth.net The number of people using astrology are too few to generate the predictive results you want. Too much volume is driven by highly rational computer systems. Now there might be self-fulfilling potential in some of the analyses that are done: computers look at the shape of the closing price graph and make predictions. I m sure there are readers here that do some of that: a peak up following a trend down means something, etc. I started tracking some stocks when I first starting getting those penny-stock junk mail. I did see that in fact those stocks did get a jolt upwards following the email. I don t know whether little investers were reacting to the emails or somebody was gaming the system. I was testing an idea of jumping on the stock just because the junk emails did juice demand. What found was that I couldn t buy the stock quick enough to ride the wave; also my transaction fees would eat up all my profit. No didn t move ahead. All this to say, no I don t think your astology plan is good, but that there may be other ways to catch self-fulfilling prophesies. They d would have to be suptle though, because if somebody says something on TV the stock shoots up too fast for you to buy it and you just end up buying empty hype. Personally, I just stick to funds that follow some overall economic trend that I see for the upcoming year or two. (I buy into countries with upcoming Olympics, countries that export now with the dollar so low, etc.) investing on particular security required complete analysis of balance sheet through financial advisor or expert.no sense of astrology needed. Yes...Astrology is just as valid as any advice you will get here. Because, Astrology will tell you to do something that is right or wrong. Advice Here will probably be right, wrong, somewhat right, somewhat wrong, possibly right, possibly wrong, maybe irrelevant.and from this you must pick. Go Figure. You keep doing that and you will lose all of your hard earned money. Stocks don t care about astrology, neither does the smart money. But what ever floats your boat, someone has to lose their money for me to win it.

Who offers the best forex signals? -

There are a lot of sites offering forex signals, both free and paid services. Is there reliable service, with affordable price that offers forex signals, providing decent number of pips per day? The Great and Munificent Oz! No-one offers reliable forex signals, because no-one knows. Some services have been right a lot, but if you had 1000 people flip coins1000 times, guessing at heads or tales, at least a few of them would get it right almost every time! Does that mean they know ANYTHING you don t? Of course not! 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.. www.freedominforex.com/19768 100 a month to use. It does not offer pips a day but over time it offers a good rate of return on your money monthly, yearly. You can speak with the owner of the company during weekly conference calls and learn how he trades and what he is doing. I found it to be very sucessful and I am grateful for the guy who told me and so I told him I would pay him back by letting others know. Good luck but I think you can stop looking. One thing I have searched for over a year and I have never ever found a sight that can get you pips every day. Maybe using a a combination of about 50 might do it. Good luck again. Yes, there is no-one offers reliable forex signals, because no-one knows, what happen next, eventhough one second But, some of signals have 80% or more accuracy level, and you can use it for your trading purpose

Sunday, May 27, 2007

Who trades FOREX and can you tell me your experiences? -

I am just learning about trading FOREX and would like to know from those who are both novices and pros at it, what to look out for, what to know and wish you knew from the beginning and if it is something a person can do well at? I trade stocks, commodities and have traded forex. I have made and lost money at all three. Forex is a very quickly moving market and you must use stops when you trade. You need to plan your entrances and exits very carefully, but there are times your best laid plans will go against you, and sometimes, you can sail right through your stops and leave you reeling. Before you trade any market, paper trade, and get a feel for your risk tolerance. There are now ways to invest in currencies on the stock market, through Exchange Traded Funds. These move slower and have less risk. You can also check out www.everbank.com. They have CD s tied to foreign currencies. You need to read and educate yourself thoroughly before you risk your money. Don t forget, currencies are influenced by a lot of factors-government interventions, inflation, all kinds of unexpected things happen. if you think you can make a living at this, you can, but it is hard. To do that, you have to be prepared to lose money sometimes. No trader has wins, only. But, only those who control risk can play another day, otherwise you can get wiped out fast. One reason is because these are highly leveraged markets- that works to your favor because you don t put up much $ to control a contract, but you are on the hook for a great deal of money, and could be subject to a margin call if the market moves against you. That is serious stuff. Don t make a move until you are thoroughly familiar with the market, how it moves, and how you will control your risks. Good luck, and happy trading. I ve traded stocks and forex. I like forex as the trend is more steady, i seldom get caught by the market with my pants down, so to speak. Speaking as a trader, all markets are the same. It doesn t matter how you trade each. Do what works for you. And remember: If you do not cut your losses, and let your winners run, any market is going to eat you up. Unless you understand; Trading Psychology Position Sizing Money Management It doesn t matter how good you are at picking quot;directionquot;. If you go into FX without trading experience or taking a year or two to really work on your skills..... you ll be out of FX in less than 3 months. 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 I trade forex by expert advisor. It s automated forex. U can visit my blog http://duyduyfx.blogspot.com It s about expert advisor review there are many superb videos explaining all questions regarding forex at http://www.forex-profit.info Some good guides and info here: http://www.estocktrades.info

What is the best training software for forex trading? -

please don t say demo accounts i have many i m talking about training in trading stocks and forex by computer. What is the best software to learn trading stocks and forex. You can probably look for on a reviews website and read what people think about each software. For Forex I personally like Supra Forex. haven t you rather thought of live, one-one-one training with an expert forex trader? if you happen to set your options, you can get a personal Account Service Manager to serve as your mentor, consultant and trading partner as well by opening any account- mini, gold, platinum or vip- from this site. don t worry. this gateway site will lead you to one of the leaders in forex trading today. good luck. Hi There, I launched a site in november which is giving good results ,the site name is http://www.forextradingsoftwaresreview.c... Visiting this site may be your finest decision that you made this year for you and your family, not just visiting but reading what is written about Forex Trading Software s. Already many people took the advantage of http://www.forextradingsoftwaresreview.c... by just reading the fact many of them took action and many don t, but those who really took action, are on the road of self-dependence and on first step to riches. This site wouldn t be possible without the hard work of G K Wills, Chris Basu. Please email us at forextradingsoftwaresupport@gmail.com if you have any questions regarding Forex Trading Software s . We aim to get back to you within an hour.. To your success, G K WILLS www.forextradingsoftwaresreview.com There will not be 1 absolute answer for this question, because the markets are dynamic and the training robots/ computers are pre programmed. The computers can take into account many variables, but how would it ever figure out a sudden market frenzy and change in currency movement based on a previously unknown factor? I play etoro and it is easy to trade and fun. Suitable for beginners. Currently, they offer bonus...eg you deposit 100$ you got bonus 25$ automatically in your account.(only for first time deposit-i wish i am new) You may read the review here. http://i-mint.info/2008/11/forex-trading... Good luck I used the one mentioned in the link below. I liked it because I could set it off trading smal amounts and watch. I ciombined this with a lot of reading to get the theory and found I picked things up pretty well. I d also recommend participating in some forums. Here is the golden software for you......Its superb Really...Go to this website http://sunveer.fxmoments.hop.clickbank.n... Tradestation. Learn how to build a system.

Any good tool out there to beat the FOREX Market? -

Trading the FX market is very unpredictable, even more if you lack effective tools (software, charts, etc.) that I know they are out there... The TED(Tressury Exchange Derivative) spread is good method though some have gone under playing this including some Nobel laurettes. The idea is you look at the short term or long term rates and the exchange rate movements and invest in short term or long term t bills in foreign currency when their exchange rate is moving up and convert back after the exchange rate has gone up. Such opportunities has to be figured out thoroughly before getting into it. Under the radar forex trader reveals 2 Deadly Accurate Forex Systems. He came up with system so that you would not fall victim to any of the problems new and expeirenced traders face everday. Her is a review : http://newforexreview.blogspot... Report Abuse Click on http://www.4xmoneytrain.com I am currently using this system with great success. A revolutionary software does 95% of the work for you. You quot;SET IT AND FORGET ITquot;. My account has made 71% in the last 2 months. You can Open a demo account and try it out. Increase your corporate borrowing and invest in another country like Uganda and from there you can beat little. I have averaged a 38% ROI on a monthly basis also using the FreedomRocks trading system. Like mentioned it really does do 95% of the work. Don t be in the 90% who lose their money in the first 60 days. Eliminate the guesswork. I would love to be your personal coach to setup the system. Call me with any questions, anytime. Best Regards Chris Thomas 541-554-8140 www.simple4xinvesting.com www.freedominforex.com I have gone from 3000 to 6913 in 68 days following there program. If you have done any forex investing at all. You will be able to say this system could really work. I know I can.

What is mean by hedging in forex trading. Plz explain? -

What is mean by hedging in forex trading. Plz explain. thanks Most of the time when you hear this phrase it means that you are trying to reduce your risk in trading. It is something that everyone who plans to invest should know about. It is a technique that can protect your investments to some degree. What Is It? While hedging is a popular trading term, it is also one that seems a little mysterious. It is much like an insurance plan. When you hedge, you insure yourself in case a negative event may occur. This does not mean that when a negative event occurs you will come out of it completely unaffected. It only means that if you properly hedge yourself, you won’t experience a huge impact. Think of it like your auto insurance. You purchase it in case something bad happens. It does not prevent bad things from happening, but if they do, you are able to recover a lot better than if you were uninsured. Anyone who is involved in trading can learn to hedge. From huge corporations to small individual investors, hedging is something that is widely practiced. The manner in which they do this involves using market instruments to offset the risk of any negative movement in price. The easiest way to do this is to hedge an investment with another investment. For example, the way most people would deal with this is to invest in two different things with negative correlations. This is still costly to some people; however, the protection you get from doing this is well worth the cost most of the time. When you begin learning more about hedging, you start to understand why not many people completely know what it is all about. The techniques used to hedge are done by using derivatives. These are complicated instruments of finance and most often only used by seasoned investors. Is There A Downside To Hedging? When you decide to hedge, you must remember that it comes with a cost. You should always be sure that the benefits you get from a hedge should be more than enough to make it worth your while. You should make sure the expense is justified. If it is not, then you should not hedge. The goal of hedging is not to make money. You will not make large gains by hedging yourself. You have to take some risks in order to gain. Hedging is intended to be used to protect your losses. The loss cannot be avoided, but the hedge can offer a little comfort. However, even if nothing negative happens, you will still have to pay for the hedge. Unlike insurance, you are never compensated for your hedge. Things can go wrong with hedging and it may not always protect you as you think it will. Should I Hedge? Keep in mind that most investors never hedge in their entire trading careers. Short-term fluctuation is something that the majority of investors do not worry with. Therefore, hedging can be pointless. Even if you choose not to hedge however, learning about the technique is a great way to understand the market a bit more. You will see large corporations and other large traders use this and may be confused at why they are acting this way. When you know more about hedging you can fully understand their strategies. Whether you decide to use hedging to your advantage or not, you will benefit from learning more about it. You can use it like an insurance policy when trading. You should remember however that hedging can be costly. Always check to make sure the costs of hedging will not run against any profits you may or may not make. Be sure those costs are realistic and that your need for hedging is realistic as well. You will be able to use hedging to help cut your potential losses, however hedging will never guard against the negatives altogether. Learning about it will give you a better understanding at how large traders work the system however, which can in turn make you a better player in the trading game. ...For more information about Forex Trading, Visit Here: http://smoky8.livejournal.com/ Hedging can be 2 types: Lost hedging Let s say you buy currency but after you bought, the price went down, so you sell the same currency to hedge your loses. Profit hedging Let s say you buy currency and after you bought, the price went up and you want to secure the profit, so you sell the same currency to hedge your profit. I can trade your forex account with risk of 2-5% with monthly profit 20%. My automatic system is in here: http://automaticforextrading.blogspot.co... Happy prosperity year Hedging means: Corporations in which individual investors place their money have exposure to fluctuations in all kinds of financial prices, as a natural by-product of their operations. Financial prices include foreign exchange rates, interest rates, commodity prices and equity prices. The effect of changes in these prices on reported earnings can be overwhelming. Often, you will hear companies say in their financial statements that their income was reduced by falling commodity prices or that they enjoyed a windfall gain in profit attributable to the decline of the Canadian dollar. Read more of it below:

Im new at this im studing forex its very hard and seems to be risky im thinkin about studing the stock market? -

forex or the stock market?????????? http://knowingstock.blogspot.com/ Keep in mind that by buying a stock you are saying, quot;I know more about this stock than anyone else in the entire world. There are enormous research departments at all the major investment firms and trading desks in the world that decide that I they are getting the good end of the deal when they sell this stock to me at this price, but that s okay -- I am smarter than everyone on Wall Street combined, so this is a good deal.quot; Of course it s possible to be successful as a trader, but it takes serious amounts of capital and/or a corner of the market where you have a jump on everyone else. Forex swing trading strategies marketed on the internet are complete scams -- if they weren t, do you really think that they can make more money by selling you instructions for trading a few thousand dollars worth at a time when they could just be piling on enormous trades? I recommend you learn EVERYTHING YOU CAN about forex trading before investing a dime. There s a free beginners guide you can download at http://www.forexfromscratch.com - just type your name and email into the boxes and they will email you the book. It gives you the 5 step process you need to take to learn how to profit from forex. Hope this helps?

Does anybody know what the FOREX market is? -

Can you please elaborate and explain, what it is and can people make alot of money from it? Its a market where 1 person tries to make money by taking advantage of fluctuations in price of 1 currency over the other.. You can get more details at - http://the-forex-trading.blogspot.com FOREX is short hand for foreign exchange (conversion of one currency to another in either spot or futures contracts). Like other speculative financial markets, you can make (or loose) at lot of money by betting on which direction the relative values of currencies (eg US dollars, Euro, Yen, Sterling, etc) being traded will move. The foreign exchange (currency or forex or FX) market exists wherever one currency is traded for another. It is by far the largest market in the world, in terms of cash value traded, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. The trade happening in the forex markets across the globe currently exceeds $1.9 trillion/day (on average). Retail traders (individuals) are currently a very small part of this market and may only participate indirectly through brokers or banks and may be targets of forex scams. According to Peter Garnham from the Financial Times website (Published: October 9 2006 20:48) quot; The foreign exchange market will have doubled in size in just three years next year, thanks to increased participation by fund managers and pension funds, says research out on Monday. TowerGroup, a financial services research consultancy, said it expected total global average daily volumes on the FX market to exceed $3,000bn in 2007. FX volumes, which rose from $1,770bn in 2004 to $2,000bn last year, were set to rise to $2,600bn this year and $3,600bn next year, as foreign exchange became accepted as an asset class in its own right according to TowerGroup. In Forex one currency is traded into another currency. It is a huge market where small investors are a very small part in it. You can make a lot of money or loose a lot of money. You are against a great number of experienced people most of the time that makes it difficult unless you are very lucky. Foreign Exchange. Say I have 1000 euros and I want to exchange it for dollars since I will be traveling to the United States. How many dollars would I have if I did it. 1284.29 according to Yahoo finance. tomorrow it might be 1285. Depending on the FX market. That is what the Forex market does. But instead you can make money when you hold one and the other drops. It works like the stock market in that buyers and sellers determine the price of the exchange. There are lots of currencies but only 4 major currencies and they are traded in pairs. USD/JPY. USD/CHF, GBP/USD, EUR/USD. There are actually six major currencies out of 16 or 20 depending on who you trade with. But these 4 have a unique nature. They are roughly recipricals of each other. In other words when when goes up the other goes the opposite direction. And that is where you can make the money. If I trade in some combination (Not 33% for each) of the GBP/USD. against the USD/JPY and USD/CHF. I get paid interest of over 10 dollars a day on 10000 trading 25% at 100 to 1. That is almost 36% annual return and I have only risked 2500.00. And they are recipricals so my risk is hedged. I like that return. Oh by the way that is the return I am making right now. check it out at www.freedomrocks.com/12565. Whether you sign up or not. Good luck in your quest. I have found mine.

What best company at forex Currency throughout the world? -

im from middel east so i want safty company and internatinal in all wrorld and usa and canada That depends on your personal needs and experience. You can start by reading reviews websites like http://www.forextopten.com/ and http://www.topforexeducation.com/ and contact some of the best companies mentioned there. ok, here s one forex site i can best recommend to you. being one of the world leaders in forex trading, including the middle east particularly in Bahrain, this is definitely a very good choice. you can search the net for this claim. among others if offers the following; 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. one unique feature of this site is whether you are a beginner or an experienced trader, they will provide an Account Service manager to be your personal consultant who will serve as your mentor and trading partner, will answer all your technical questions and with whom you can talk live over the phone, email, chat or any form of communication available. and they can even set your Take Profit and Stop Loss rates so that you are assured to earn unlimited gains but not lose more than your authorized amount. without any software to download you can start trading immediately anywhere in the world at anytime. minimum deposit is $100 and for your convenience you can use your credit card to fund your account. Register for a start and download a Free Ebook. try with http://theclickinfo.com/forex.ws

Where is a good place to advertise my forex auto trader ? -

If you develop a sales page with some proof of your earnings, you could put your item up on clickbank or paydotcom as a vendor. This way, tons of people will promote your product for you as well. This is a great way to get free advertising as people will see your product in the clickbank marketplace and promote it for you. You will have to give them a % of the sales, but heck, without their traffic, you wouldn t have made that sale anyway, so its a win-win situation. Regards, B Hey Smurfman.. If you are careful not to spam you could try advertising over at the forex forum: http://www.forexforum.net It has a very active forum full of professionals - some marketers as well (it is a bit un-moderated) - but all in all it is a good forum. Give it a shot. Also consider running some ads in craigslist. BTW what are your results with the program, how does it do in the current market. Just curious : ) - J

Is the citi fx pro forex broker a SCAM ? -

is the Citifxpro broker another forex scam ? i see they are new but i saw some good reviews on them at: http://www.forexscamcheck.com/citi-fx-pr... i would like a second opinion about them. but i think im ready to fork over my money ! Citi-FX Pro is a joint project between Citi and Saxo Bank. Saxo Bank is a large reputable forex broker based in Denmark that has been in business for I believe more than ten years. You can find an article on it at http://www.antara.co.id/en/arc/2007/11/2... So, no I don t believe a new company that is a joint project of these two companies would be a quot;scamquot;. Other than that however, I cannot speak to anything else about the company because I have never used them as a broker. The source below has more information about Saxo Bank and is also where I found the link for the article. Try this site: http://lin.cr/0fk it can make you good money and it is easy to do. There are no fees and it pays out every Friday. It is one of the few work at home websites that has made me good money consistently. It makes me $1200-$2000 a month.

Do I need to be a trader to use Forex affiliate program? -

Thank you in advance for your reply! Renata it is not necessary,but to write articles,to suggest others and to promote ,you should have some knowledge ,learning about forex helps you to sell the product easily.I would recommend you to learn forex trading using free demo accounts while promoting or before promoting.

Saturday, May 26, 2007

Confused understanding Limit Orders and Stop Orders in Forex trading, can someone explain it to me? -

It applies to any type of trading - Limit order applies to selling. You ask your broker to buy something below limit (like buy XXX at $5 or less rate). Stop order applies to selling. You want to stop your hold when price falls below a minimum (sell 200 of XXX if price falls below $3). Stop order is a way to minimize the losses. The previous response almost has it right. However, limit and stop orders can apply to both buys and sells. There is also something called a Market Order. With a market order, you tell your broker to sell at the market price. You are guaranteed execution -- but not a price. There are rules in place where they have to give you the best price available (or better). With a limit order -- buy or sell, you specify the price. There is no guarantee of execution -- but if it gets done, you get the price you asked for or better. There are priority rules put in place that ensure that you get execution at your price or better before anyone else gets a better price (limits at the same price get priority based on time -- with the market maker being put at the back of the queue). You can attach a time horixon to these trades. For example, you can make it a day trade, meaning that if it doesn t get executed within the day, it is taken off the books. You can also make it GTC -- good untill cancelled. This can be dangerous if it doesn t get executed and you forget about it. When the market crashed in 1987, a lot of people ended up buying shares that they didn t want when stale limit orders got executed. A stop order is a bit different. Stop sells are most common, but you can put in a stop buy, too. For stop sells, you put in a price lower than the current price. For stop buys you put in a price above the current price. As soon as there is a trade at that price (or worse) the market-maker has to stop the market amp; do your trade next. It will usually be at or near the stop price -- but if the market is in freefall (like the crash of 1987), the price could be way off the last price. People might use a Stop Sell to protect their profits if there is a sudden drop. While stop buys are less common, someone might execute one to buy shares if prices break through a price barrier. They may believe that the stock will either fall or take off -- and if it goes through this price, it will likely take off.

Has anyone attended an infomercial program and got rich? ex optionetic,forex,trade pro or real estate seminar. -

Infomecial sounds good on TV but what are your opinion? If you attended one of those seminar be honest... Never trust an informercial. When it comes to investing, there is only one principal you can always trust. Due Diligence. It means, do your own homework, read your own books, and don t pay somebody to do something you can do for yourself. The only people that get rich through that are ones that could have gotten rich anyway without spending the ridiculous prices on those seminars . Unlikely to happen. I goto the seminars to network. They charge you lots of money for quot;booksquot; but don t give you personal one-on-one training. I ll pay the price if I know I m going to get the quot;personalquot; training or coaching. Becoming rich for a non-rich person comes from the knowledge you obtain and the actions you take with the knowledge. Just read lots of book (Waren Buffet, Robert Kiyosaki) and get training from trustworthy companies ( http://www.InternetBusinessTrainer.com ) Good Luck! Miss Wealth Builder

I am trying to start trading currency in the forex market can any one give advice about trading can i make an? -

http://www.forex.com/learn.html Link will answer many questions and answers you should know. I have 3 accounts (never put all your money/eggs in one account/basket). You can start with $500 when you can afford to open account. Since you are just starting you will lose money if you don t learn the basics, first. #1 best tip, don t trade your real money until you try trading demo account. When you can trade a demo for about 2-3months daily and make money then if you feel ready slowly start trading real money. So making and/or losing money depends on how well you can trade. For some it very profitable, for many it is not. Know when and the fundamental news that affects price swings are reported. Stay clear during these volatile times because they can take out your stop in a heartbeat and a few beats later go back the other way. And remember that the news could already be mostly priced into the current price. And don t trade against current trends. I use Lightning Strikes Trading System for trading in any time frame and it works on forex, stocks, bonds, etf s, mutual funds, etc... They have 3 free training sessions a week and you don t have to buy the software to join in the live chat and text. They focus their training/trading on the Forex markets major currencies. You can even watch some recorded past live sessions. Here are some past charts that I used. http://f1.grp.yahoofs.com/v1/MB16R0zjjaZ... http://f1.grp.yahoofs.com/v1/MB16RxjOUQt... There are 7 indicators (2 short, 2 medium, and 3 long term) and if volume is reported another one is added (on balance volume). Plus whatever time-frame is used the 2 green horizontal lines are the support and resistance for that time frame. So when indicators are all touching the bottom price is at or very, very near support. At top is at or very, very near resistance. Which helps my entry/exits and risk/reward ratio. http://f1.grp.yahoofs.com/v1/MB16R9Wv-wt... http://f1.grp.yahoofs.com/v1/MB16R9wSKdV... http://f1.grp.yahoofs.com/v1/QCt6R2fYIj6... http://f1.grp.yahoofs.com/v1/QCt6R3R0VQe... If you can not view charts above or want to see other charts, I can email them. Start learning the basics of fundamentals and technical analysis so you will be more informed in your investments. You can find all the basic info you need to learn on websites for free. This site should give you a good start. http://finance.yahoo.com/education Try what you learn on demo sites. They can be a very fun but educational way to learn from mistakes. If you pick 75% right with play money then you might be ready to start slowly investing. http://simulator.investopedia.com/ http://simulator.zacks.com/ http://www.fxcm.com/open-free-100k.jsp http://www.alpari-idc.com/en/metatrader4... Or just google for more. Here are my favorite sites. http://stockcharts.com/ Has basically all you need from fundamental to technical terms. Plus stock screens, charts, public chart lists, and much more useful info. https://www.fidelity.com/ Has good learning resources. http://moneycentral.msn.com/home.asp In addition to yahoo finance. http://www.reuters.com/ For news and more. http://www.marketwatch.com/default.aspx For news and more. http://www.valueprime.com/index.php For rating stock risk/reward ratio and reports. http://www.barchart.com/ For investing in more than stocks. http://www.investopedia.com/ For more great learning tools. http://www.lightninglive.com/ For best software timing your entry/exits any time frame for day traders and long term investors. Others worth exploring. http://www.equis.com/ http://www.stockta.com/ http://www.secform4.com/ Best Wishes, Burt Whitley Try this, No need to guess. In fact, nothing to do. http://automaticforextrading.blogspot.co... 9,000% in 10 months by doing nothing. 92.3% winning chances. You can open an free Marketiva forex \gold\fund\indexs online trading account , with $5 reward and $20000 virtrual fund for practice .Just click the following link to open an account. http://www-forex.spaces.live.com I can help you out, as admin of Surge-forex.com , thats what we do help people. You are too late. The time to trade currencies was last year. You know what they say, the public buys at the top and sells at the bottom. You are doing just that. http://commonsensetrading.googlepages.co...

What are the tax rates for options and forex? -

Are stock options gains (selling calls) taxed the same as short-term gains on stocks, or is there a different set of rules? And forex? yes they are. all options are treated the same unless you hold what is known as LEAPs which are at least 1 year before expiration/execution. Aleks

Is it easy to make money on the FOREX. which is the best broker to use? -

i am new to the Forex and am interested in it? how long will it take to learn all i need to know before i can start trading? which is the best type of account to start with? Yes it s true that new comers to forex trading are more likely to lose. I lost too when I started but I have made quite a bit in the last few months from forex. The important point to avoid losing in forex is not to jump in but learn as much as you can and always do paper trades until you are comfortable. Lately there are a few new software systems in the market that are selling like hot cakes. I tried a few and so far I m using Forex Killer regularly. Has given me some very good signals to trade. The easiest way to make money on Forex is to convince others it s easy using a system you have invented, and then sell them that system! Unlike the stock market, Forex is pretty much a quot;zero-sumquot; game...someone has to lose money for you to make money. People who are new to it have the highest chance of losing. Decide how much you are willing to lose before you quit trying and give it to your favorite charity, that s better for all concerned! Hi Ivan, Trading the forex market isn t easy. In fact, most of the people lose their money on it. Less than 10% end up as winners. What you need to do is learn how to operate the market. Take a forex course to learn the ropes: http://www.squidoo.com/Forex-Trading-Tra... Also, use a forex software to help your trading: http://www.squidoo.com/Automate-Forex-Tr... It s not easy to make money on Forex. It s possible, but only if you work hard on it. If you work on it, you can become a good trader in 3-6 months. The best type of account to start with is a demo account. Use a demo account so that you can learn and improve your trading without risking any money. Here are a few links that can help you get started: For a brokers list you can go to : http://www.forextopten.com/forex-broker.... For learning the basics (for free) you can go to: http://www.forextopten.com/forex-article... http://www.freeforexebook.org/ http://www.topforexeducation.com/ Forex is a steep hill to climb. If you like staying up all night, then Forex is your game. Why do you want to trade Forex??? It s much easier to learn to trade the futures market and it is regulated. Look for a good broker that does not have the spreads to wide.Most brokers widened the spreads during news.Learn charts and make sure you use stop losses.

What significant is between asian, european, and US session in the forex market? -

Some people said that the Asian session always go up and the EURO session will counter by the opposite (down)... is this theory true In Forex, there isn t any up and down like you would have in the Dow or Samp;P. Currencies are traded in pairs such as the NZD/USD so if the Kiwi goes up, the dollar by definition, goes down. The dollar may go up against once currency and at the same time go down against the other. This in fact happened the other day when the Bank of Japan announced a rate hike - dollar up against the Yen but down against the Aussie. The market is open 24 hours beginning Sunday afternoon EST until close Friday afternoon. There is a good amount of overlap of hours in each market (Tokyo, Hong Kong, Singapore, London, Europe, New York, San Francisco). There are periods when there is typically more activity than others. Much of it depends on whether any economic announcements are being made that day by one country or another. Quite often, things are a bit slow from about 8:00pm EST until around midnight. At that time, people in the eastern parts of Europe are getting up and becoming active. One currency pair may be very active during European daylight hour and slow later on and vice versa. If you are considering trading Forex, one of the things you should do is make a table that shows the number of pips each of the majors move during each hour of the day and find the average number of pips per hour for a month. Once you have a platform, it s easy enough to do using historical data although it s time consuming but you need to be aware of when movement typically occurs. Ermmm They are just the times that the exchanges are open in those regions

As a novice what is the best way to learn about forex trading? -

Firstly spent some money on educating yourself Secondly, learn all about technical analysis. Thirdly practice on a DEMO account for at least 6 monts. During that time test your trading strategy and hypothesis. Till you think you have a style of your own for a start. If you cannot resist the temptation of a real trade , go for a mini account, there are several sites that have mini account. I use FXCM. It works great for me. For a start i would suggest get hold of Dr Alexander Elders Forex trading books. They are excellent for beginners. It not only talks about the technical aspect but also the psychology of trading, of taking a trade. Of taking a loss. Of taking a profit. Believe me. 80% of the game is a mental game. Traders make or break right here. Imagine there are millions of traders out there from small to big. If nothing else get hold of that book it will reveal Forex Trading in a very real and practical way. http://www.geocities.com/lcming/ForexFor... Best way to learn is through the experience of people, trial and error and of course as many sources as you can use anywhere including the internet. Also try to look for a forex trading forum, they help me a lot with many things i find hard to grasp. also e books on forex trading are good. here are links below that i find useful which deals with forex trading. Also go to http://www.forex.com they give you a pratice account to practice on your currency trading

How should india use its huge forex reserves in an effecient manner? -

faster chainsaws? electric powered trucks to hall logs off in? No seriously, if the world can agree an a carbon trading scheme, India as a whole would be far better to keep its forrests and sell the carbon savings to companies wishing to reduce emissions. relatively, their reserves aren t that big. eventually, they might decide to set up a sovereign wealth fund to get better returns, but they are not there yet. It probably would not be wise to use up those reserves. The oil producing nations do not accept Rupees. It might look like a huge some of money but no one knows where the price of oil is going and all of the progress made in India over the past 20 years depends on oil. Oil needs to be purchased in one of the 3 major currencies. Also, India has diversified their reserves already as well as converting some into gold as a hedge.

Anyone know of a good forex broker for news trading? -

I ve been trading the news for about 6 months now. FXDD have stopped filling me on all 3 accounts after making huge profits. I am using one good broker at the moment but not sure if they will fill me for much longer. I am in need of a broker who fill you at news times and doesn t up the spreads to silly amounts. Any ideas? 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 one can share his broker is a public.... coz all will go there. and broker will MISS up. contact me in private to tell u what broker that i use in news trading. Report Abuse

Friday, May 25, 2007

How do i learn how to buy and sell shares in companies, forex ,and to sell stock? -

stock trading, forex trading. 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. 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? 3. 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. 4. 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 I have found in my travels around the web: http://www.yourforexinvestor.com http://www.babypips.com Sincerely, Brandon Wells 1-877-773-5345 1. Books. [specifically Forex books http://www.geocities.com/lcming/Forexboo... ] 2. Free Tutorials that comes from Trading website eg, www.fxcm.com 3. Read financial news, magazines etc. 4. When you are more serious or if you are already sign up for Forex courses by qualified professionals. Forex Mentor for one. [ http://www.geocities.com/lcming/ForexFor... ] You don t have to. (That s my job) You don t learn how to fix your HDTV if it breaks, do you? http://www.forexaim.com no question about it! helped me out so much and its free

Hi,can you teach me how to use forex arbitrage calculator?thanks for helping,best regards,ahmad? -

hi, can you teach me how to use forex arbitrage calculator? thanks for helping best regards ahmad You can download a free step-by-step guide at http://www.forexfromscratch.com - just type your name and email and they will email you the book. Basically, the book is a 5 step guide to starting in forex, covering everything from the basics to live trading accounts. It s a VERY interesting read... and it s free!

Do you think anyone can earn living from forex trading? -

Forex is expanding very fast in this few years. A lot of tend to move from ordinary investment to forex trading. Someone claim that forex trading is the most earnable trading and most liquid investment on earth. I am not sure about it but what i know is I still did not heard any success story from anyone about forex trading. 99% no. See commonsensetrading at googlepages: http://commonsensetrading . googlepages . com Forex is one of the most challenging ways to trade. Over 96% of all new traders lose most of their trading account in less than 6 months. Can you make a living.... YES! The brokers are making a ton of money. They re leading a lot of people into this trading that will fail on a very large scale. Take a year to learn before spending one penny. Read a ton of books. Remember that Money Management (amp; psychology) are just as important as buying the right currency at the right time. The Forex isn t really expanding or contracting. It just is. In order for one currency to gain one loses. I have heard of some people making a living trading the forex. I would start part time. 1) Read lots of books, articles, and websites on the subject. http://www.iitm.com will show you how. 2) Open a practice account under a fake name and a temportary email (so if you lose everything, you can start again). 3) Once you feel you are upto it, fund an account with $1,000 - $3,000 (200K - 750K trading funds) and start trading. Have goals. 4) When you start making a lot of money work hard, overtime, to fund your account fully and then transition out of your job. Find your financial freedom number, learn and plan, make sure you have what it takes, and then go for it. Good Luck.

Contact numbers for the forex agency the one sending package to the phillipines? -

nearest location for the forex agency where i can call to for i want to send a package going to the phillipines? you should in the 1st place mention where you are from, but I think you are referring to courier services, they should have one at nearest 7-11. If you request for forex transfer that would be any commercial bank. good luck.

Is it possible to predict what will happen with Forex rates? -

I m into Forex trading. I wonder if there is a way to predict or find patterns in the way exchange rates move. Anyone have any techniques or suggestions? When I feel like getting back into my charts I like to use pivot points, Fibonacci studies and Stochastics to predict price movements and support and resistance levels. The majority of my Forex activity is now based on hedging strategies as a key element of a long term investment focus. Paul

What is the best FREE news feed to use on my PC for Forex trading? -

http://www.reuters.com/ Each day, the quot;Finotec Analyst Teamquot; writes reports on the world’s main economic and financial events in which they analyze market activity and offer market forecasts. They are all presented There as quot;RSS Forex Feedsquot; which you may read or download to your PC or mobile device in order to always stay informed of the latest developments in the world of finance. While there are several RSS Forex Feeds (Forex Daily Analysis, weekly, in-depth, forex pairs), there are also feeds for other financial markets such as those of gold and oil. Finotec keeps you ahead of the curve! Visit Here: http://forexfeeds.finotec.com/ Try oanda.com. They have a java based program that you can use that gives real time news feed that are highly relevant to trading. Cheers! try forexnews.com

I am looking to invest into Forex, Would I need a broker and what is the minimum amount of money to invest? -

BEGINNER, Also how long would that money have to stay in that investment? Yes, you need to trade thorough an account opened with a Forex broker......but I would STRONGLY advise you to only open a demo account and to not invest any real money into the Forex market until you know what you are doing. There are some conservative ways to invest in the Forex market where you can reduce some of the risk. And there are extremely risky ways to invest in the market where you can lose all your money before you even know what a pip is. I would be happy to give you a couple of suggestions on where to start. Paul pupp52@yahoo.com You can find a broker at http://www.forexagent.info or http://www.forexbroker.info and as far as how much money. You should not risk anymore than you are willing to completely lose. The forex market can be very risky. However, I would say start with as little as $10,000 and as much as $100,000. http://tradingforexonline.info/ provides information about forex trading, online forex trading forex trading software, forex trading system,forex currency trading. I have an account with Saxo Bank. I began my trading with the min amount SG$3000. Which gives you a leverage of 100 times. http://http://www.saxomarkets.com.sg/ If your a beginner follow this strategy. I would recommend 2k and above. Freedomrocks! The reason that some predict that Mark Vincellete will be on the cover of Time magazine is because of his brilliant strategy he developed for the Forex market. He is revolutionizing investing for the average investor. Making huge amounts of money and retiring young is not just for hedge fund managers. Investors who follow this program have been making unheard of returns. Due to compliance issues I cannot reveal the returns on investment but when you demo the program you will see for yourself. Once you see the power of the program you will confidentially tell everyone you know about it. That is why the company is growing 40% a month with no advertising. This is a Forex hedge strategy that reduces the risk in the market and anyone can do it because of its simplicity. It takes about 10-20 minutes a week if that. You can follow the strategy with play money until you see how it works and are comfortable with investing. Don’t take me word for it though. Try it out for free. Watch the video presentation on the site below. It will explain everything through the video. www.demofreedomrocks.com. Take care RULE OF 72 5000 @ 12% a month = 1.6 million in 4 years. 19 million in 6 years. 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 You need to do a course..you ll find some free resources here and you might want to find out more about what you re getting into. Hello. Of course you will need a broker. There is no other way to start trading in forex. I can tell you about my personal experience. I use us regulated broker named Easy-Forex. Everything about them is great and the minimum investment you have to make is only $50. The deposit can be made via credit card or you can use your paypal account if you have one. I can give you some free advice to go and read about the forex market, to understand how it operates and things like that. I can recommend you one special article about that, the article is written from my broker Easy-Forex. Here is the link: http://www.forexadvice.eu/what-is-forex/ If you like you can register with them. They offer incredible live support. About the last question you have: there is no required time for your money to stay in. There are forex scam sites that claim to take your money and return high profits on a daily basis. Don t get fooled by such programs. The only purpose they do that is to take your money. Hope this answers your question. I wish you nice and profitable day.

Who is the best forex broker in the market? -

In forex market who is the best broker? Like tight spread in all condition, allow scalping I guess there s not a single great broker on the market. I personally like Interbank FX, but they aren t perfect. You can check for reviews about plenty of different brokers on lots of websites like Forex top ten. You have got a choice in case of Online brokers. Forex brokers Comaprision sites should help you in figuring out the top ones.Thorough reaserch would ensure you against any fradulent ones. As such most forex brokers offer almost similar facilities.I have been trading forex for close to four years now thro broker AVAFX And its one of highly reputable ones around. Hi there, For my experience, I used to be a scalper too. I will recommend you using IBFX platform, as it is friendly user. =) Hope this helps.

Are there any free forex seminars or expos? -

I live in the NY area and am looking for any free educational seminars or industry events for the forex industry. Trust me on this. If you are worried about the cost of a seminar you really should not trade on the forex markets. Foreign Markets are highly speculative and I suggest you to atay away from them if you don t have at least $1,000,000.00 in assets excluding your primary residence. FXCM is holding a free expo in NYC in June.

Is anyone here trading forex for a living? -

Can the little guy actually make enough from forex to pay rent, bills etc.? I cannot get normal job since I got sick, and don t want to be on welfare for my life. 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 the .net site below. I have been trading forex thro my broker AVAFX. and I do not trade for a living. Its more of a side business.I always think it is advisable to trade forex , stock with quot;the money we can afford to losequot;. Also, I haven t seen any forex trading pro recommending it to other-for a simple reason that it is too risky.And is no place to cut teeth as a newbie. That said,Forex is the single biggest liquid market in the world.Your best bet could be to trade thro a recognized broker.You can also very well practice trading on demo accounts. Sure you can. But you must learn the technique. Please visit the source link to download the Forex Easy Cash. It is free and worth $97. This comes with lot of educative material and software. Hope this help you. You can lose your shirt on Forex if you re not careful. Make sure you don t invest what you can t afford to lose. Having said that, make sure you get the best forex trading software available. Here is my recommendation: http://pinurl.com/bestforexsoftware

Thursday, May 24, 2007

Has anyone who has used Forex Killer got good results? -

I was asked by a friend to buy this and I like to know. Three months ago I started using Forex Killer. Initially the results were not very positive but the market was a bit unstable in what I was trading in. But now, I notice that in the last 2 months the results were very good. In fact, I have made a bit of money from the trades even though generally I go for a lot of hedging to cut risk. In forex you can t have winning trades all the time so long as you can make at the end of the day is enough. I am very happy with the Forex Killer software. I m having good results with Forex killer, but I only use it for confirming trades. There are lots of people glad with Forex killer. You can check some reviews about it on http://www.forextopten.com/forexkillerre... .

Are there any good forex books by authors that actually make money on trading? -

I m after a book introducing me to the inner workings of Forex trading. I ve taken a quick look at a few books, but they all appear to be written by people that make a living from Forex trading, rather than writing about how to do it amp; providing seminars? When you Google or Wikipedia the authors, you don t seem to find a lot of information about them, other than they have written a book! Generally I find that people who make a good living from forex won t write a good book on forex or do seminars. They might write some short reports on their secrets or develop some software that they feel is revolutionary. Being successful, I guess they don t have the time or the motivation as a normal writer or educator. However, I found that some of these reports by the successful traders are more useful than a basic book on forex. They go to the point of what matters, ie making successful trades rather than theory.

How to trade gold an oil?Is it all online like stocks?If yes do brokers offer leverage like in forex? -

Is it harder to predict the price of gold and oil or the price of stocks and currencies? yes it is online and no You can buy and sell both gold and oil futures. All futures are bought on margin (leveraged) so yes, like forex. But you need to set up an account with a commodities broker to deal this way. You can also buy exchange traded gold and oil related companies on line so this is something to consider too. There are times when gold and oil price movements are glaringly obvious and times when they are not. Same with currencies. The best investors wait for a no brainer opportunity and are patient as this can take years.

Countries with high trade decifit shouldnamp;#39;t have low forex? -

If EXlt;IM so, lower forex will facilitate EX a bit but we will have to pay much more for imported goods. Is that right? Moreover, lower forex means higher external debt. Therefore, countries with huge debt shouldn t have low forex too? In my country, both trade decifit and external debt are high but gov still keeps a stable nominal forex while inflation is escalating (which means REER decrease), why? There are many other variables to consider other than forex flows. Yes you are right theoretically with EXlt;IM. 2nd point: Just have a look at the USA. Don t they have a trillion dollar debt? look at their dollar now. But there are also internal factors to consider like interest rates. 3rd point: could be internal factors like money supply, employment, interest rates, government. Look at China s currency. Isn t that quot;peggedquot; to a certain extent? the exchange rate is determine by markets which make capital inflows and outflows match. This includes trade, investments, tourism, aid, and loans. Inflation happens in all countries and only if the difference in large would it have much effect on exchange rates in a years time.

What are the rules for placing stop and limit orders in forex? -

These are explained at the website listed below. Best of success. To learn Visit http://net-new.blogspot.com

How does a Forex Broker trade against you? -

also, do you know what kind of brokers that don t trade against you, I am currently using FXDD. (I used to trade FXCM and I could tell they trade against the traders) All low-margin forex brokers trade against their customers, abusing them with both excess price movement and spreads. That is why the futures market is much more fair. Why use a broker in the first place. With what has been happening on Wall Street especially. The broker always cashes in and the fee s they charge are insane. I recommend doing it yourself. This program is amazing and Yes I am using it. Here s my review. http://forexstockwinner.blogsp... Report Abuse

Are there any Forex programs that are truly easy an cheap geez? -

you can also check out your options in this site. by registering you can get a Free ebook for your reading. a Free Demo account is also available for you to practice and hone your trading skill. best of all, you can have a personal Account Service manager with whom you can talk live via phone, email or chat and from whom you can get advises, tips and is always available to answer your technical questions. likewise, you can always chat with expert forex dealers for any problem or advise you need anytime. forex? you may as well play the slot machines no der. All programs are good if you follow the rules. In fact I found a great rebate deal for a Forex broker. If you deposit $200 or more you will get $100 rebated back to you. I found this coupon on e-bay, http://100-off.pinurl.com

I want to invest $1000 in a mini account trading forex, good idea? -

forex.com offers a mini account with a minimum deposit of $250. Is $1000 enough to trade with or should I look for a micro account. The UMD system is for the professional and part-time trader who is looking to gain an edge in the market. I would say, if you have to ask the public if an idea is good, then I wouldn t invest in it. Simply put, it sounds like you haven t done enough personal research. If you have to ask if you should get in, then you probably don t know when to get out. Maybe it is a good idea, however do a lot of research for yourself. Research and writing a plan is the most important thing you can do. Very good idea. Even you have more ; trade minimum for a month. gci.com delbook ac-markets.com advfn.com Visit incrediblecharts.com for charts you can check your options in this site. mini account dep $100, deal $2500 and you can use your credit card to fund your deposit. best part here is they offer a personal Account Service manager you can talk to live via phone, email or chat who will guide you and work with you during your trading activities. it is always better to have a live person to guide you because the volatility of the market is unpredictable and the inputs of a forex expert trading with you is invaluable. In the company below you can start with 100$ Hi, Are you going to trade or it will be trade by an account manager ? Trading on Forex, CFDs and alikes is good for hedging but demands a good knowledge and time. Invest just a small part on that kind of things. Be careful and remember that the worst thing for someone that invests in the stock market is eager. Kind regards, Joséhttp://theartinquirer.blogspot.com

Is there anyone that trades forex that lives in wi that would like to share ideas about trading? -

Forex for me is a necessity. I am so addicted to it that i dont like my weekends. I feel the Best brokers is one which suits best in your investment perspectives. I have tried around 10 forex dealers from which i found FINEXO the best from me. In order to profit from the forex market, you will need strategies not the broker and also the will to mold these strategies against time. Traders who lack a well thought out trading plan are prone to panic and confusion, when unexpected swings in the forex market occur. Many traders will tell you that trade driven by emotion is the fastest way to deplete your funds. Whether or not you are using a technical or fundamental style, it is still essential that you have a proper view of the market. Successful traders often have a unique style of trading and take up various strategies during a trading session. Only continuous practice will help you gain a feel for the movements of the forex market. Broker comes second. But my friend the key in Forex is YOU and YOUR TIMINGS. I don t trade forex specifically, but I take measured bets on the direction of currencies and take positions in oil mainly as a result. Signup for the CNBC challenge, as they allow currency trading. A good way to get ideas of what works, etc.. don t simply go into forex without first learning the basics. Register to this site and download a Free Ebook. you need to learn as much as you can if you really want to trade forex.

Forex loss and how to report it on Tax-cut software? -

Please help! I have a loss of nearly 3,000 USD from forex trading, I am using tax-cut from HR and there seems to be no place to report the loss except as a carry over loss, but since this happened in 2006 I can t do that either. I went under stocks etc. , that does not seem to be the right place either! Ring the supplier for technical support. I am not familiar with the package so cant offer any suggestions. The advantage to calling the supplier is that if by some oversight the software cant cope with your transactions then it may prompt them to upgrade it.

Wednesday, May 23, 2007

What is the minimum capital needed for forex, options and futures trading ? Free and recommended simulators ? -

Hello guys, I m interested in learning more about forex, options and futures trading. I heard that there are mini or micro account that can go as little as US$ 200 or 300 dollar. Is it true ? Also, any recommendations for free forex, options and futures trading simulators ? I know that some websites provide this service but usually the virtual capital is too high (10K or up), and I want to set the initial capital to small amount like US$ 300 or 500. If possible, is there any recommendations for courses/books ? I m not aiming for those quot;fancyquot; amount of income, several thousand/month is OK. Of course I m not looking for courses that cost hundreds or thousands of dollars... 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.. Check , cboe.com for tutorial investopedia.com, for simulator If you cannot afford a $999 course then DO NOT INVEST IN FOREX. What you mention is true about the minimum capital needed to invest in forex. And I agree there are also scammers out there. So I advice you to conduct a thorough research on this before you put in real money. In the meantime you can open a demo account first. You may experience a continuous flow of losses at first. Some of the advice you have received is ok but I must say you have made the first important step. Ok Now to the point you want to learn forex the best way is to join a investment club. I am in one now and we make an average return of 5.3% per month its not the 300% that some companies promote but it is a great return on a monthly basis. The club I am in you receive a weekly newsletter which explains what was traded and why so this way you could see how trades are done. Forex trading takes some time to learn as there are charts reports and your own research in economies and markets of other countries as well as the one you are in . I personally work at the forex market for 15 hours a day on average and when I make trades in the club it is conservative to avoid high risk of loss. Yes you can make more and I encourage people after a year to try a mini account while still a member of the club and see if you are on the right track. With the club you do not pay any fees all you do is invest with the club and by doing so you start to learn more about how the real world runs as in trades. The only people who say stay away from forex are the ones who tried to invest in it with out any knowledge or very basic knowledge and with such probably lost all ther money. They will make claims not to trust any one as they do not want you to be able to learn the right way because nthey did not. Books can give you some insight but every book you read will have a different method to determine how and when to trade so again I say join a investment club if you would like more information write to me at billone44@yahoo.com and I will be more than happy to help you in answering questions you may have . Stay away from Forex if you are not a very experienced investor. Actually $300 to $500 is a bit on the low side. There are two reasons for this. First, your account is not large enough to sustain any possible string of losses. Secondly, I always recommend to my clients that they trade with a margin of between 5% and 10% of their account. This would mean that you would only have between $15 and $50 actually invested in a position. What kind of profit do you think you could make with this? The good news is that there is a solution. Why don t you open a free demo account with a broker or two to get in some experience and in the mean time we can build up a little more in your investment fund. Drop me an email and let me share a couple of ideas with you. Paul pupp52@yahoo.com

How many days a week does meta trader 4 trade the forex market? -

i downloaded a demo version of it and have placed a expert advisor which is already there under the expert advisor heading on the side. It hasnt made any trades itseld though as yet, the expert advisors are MACD sample and moving average, do these two trade automatically? how do i get it to work then? dunno here is a mutual funds site FOREX is a high risk investment. You can win alot of money, on the other hand you can also lost alot of money within aday. I would say, Trading System is the key factor to win forex. you can learn more at forex*factory.com or baby*pips.com You have read A LOT of books and spoken to a lot of traders (not just forex, options, futures, cfds etc) and all the successful ones say the same things. Hottest Auto Forex Trading System Blog http://www.spicyforex.com TO get started.... you need a free software to download and it is freely available at http://www.new-forex-trading.blogspot.co... ? ? ? ? ? An FX trade is made up of the concurrent buying and selling of currency. This means that a trader will buy the currency of a foreign country while at the same time selling the currency of another, not necessarily that of his own country. Such a trade is referred to as a cross and is represented by the initials of the different countries and currencies. For example, the symbol GBPUSD stands for the cross of the Great Britain Pound to the United States Dollar. The most common crosses involve the Japanese Yen, the United States dollar and the Great Britain pound. Many of the most important FX trading are called spot deals as they are completed ‘on the spot.’ Normally these deals take two banking days to complete. FX trading isn’t as involved as many other investments such as the stock market and can be done quickly and efficiently.

Is it true that only 5% of the people trading FOREX make money? -

I ve heard the same statistics. However, I ve been working with a Practice Account for the last 30+ days. I ve used 8 pips = $ 8000.00 as my trading number per trade. For the last 30 days I m up $ 10,000. The important rule is to ALWAYS place a stop/ loss order, insuring your don t loose quot; the farm quot;. Use the indicators for your decision and stay out when the market does not indicate what direction it is taking. It a well known fact that it s impossible to make money in FOREX consistently over a long period of time. To do that you either need to be a broker or a market maker. It may be true also, that only 5% - 10% of quot;tradersquot; make money in any or all markets. It s a tough business. NO, I consider it to be over 10% at least, but this is still not much. You may take a look at this side with countless Youtube videos about investing and investments: http://www.forex-profit.info or at this one with all YahooAnswers about Investing in once space at http://www.autotrading-service.com for finding a solution. Good for getting your feet wet with only 1000 $ is http://www.autotradingservice.com Or check http://www.Investors-Zone.com It wouldn t surprise me if it were less than that. FOREX is a specialized field and should be left up to the experts. never accept an answer like this without documentation, sounds like an unsubstantiated scare tactic. I have not lost one pip for 7 straight trades but it was not easy getting to this point. people give up too quick and seek $$ before knowledge, it greed and ignorance, this is why they lose. fool and their money soon part. but if you stick with the forex (or anything else in life) you will succeed. if it 95% fail and 5% succeed it doesnt matter, find out who is in the good 5% and get them to be your mentor, right??? good trading mark mc donnell www.forexearlywarning.com

Can you get rich from Forex trading? -

Anyone here who has had regular success? I haven t done Forex Trading, I teach PennyStocks Trading and I daytrade it as well, but I have two friends who are almost retired and have already about 10 homes rented out in Vegas started off doing JUST forex. THey re 25 years old, and they began with 30,000 and now they re netting about 2.5 mill a year. They did it together, one guy slept the first 12 hours, and then he woke up, and the other took over, cuz you can trade Forex 24 hours, but you have to be VERY good in terms of knowing what goes on in a particular country and their economics, political issues, bond rates, etc....It s the hardest, but it s the most rewarding. :) u could if u are a good market watcher or get yourself a good broker ;) It is a possibility to earn a large amount of money doing forex trading. Earning this money will depend on various factors such as how much money your willing to put in and experience. Being successful in the Forex market requires plenty of practice and learning and any loss you make, what ever the amount is just another opportunity to learn and pick yourself back up. It is also important to have a plan set out which will help you incase of unusual movements in the market. Sometimes developing a trading plan may require trial and error, but as you continue to trade, you will gradually have a better grasp of the market. Even after developing a plan, you must also remain flexible just in case your plan may not be able to hold you up. Playing it safe means using money you can afford to lose, because your money is the only way to keep you afloat in this market. The usage of charts and indicators may help you making better decisions when in the market. All these factors take time to learn and develop, but if you take all of them into consideration, it is very possible to earn a good living by trading in the foreign exchange market. If you are not already a rich person I suggest you to stay away from Forex. Top 4 Answerer in Business amp; Finance. (Vote for me. I just need 100 more votes) I personally didn t but that is only because I had to stop, I was unable to continue trading. But I know of people who have. It s very easy to learn how to do. Yes, you can, but only professionals do because they have the info, smarts, and contacts. It s pretty much a quot;zero sumquot; game. What they make is what you (the amateur) lose. Those that became quot;richquot; are not hanging around answering Yahoo Qamp;A. All the infomercials say you can......so why not believe them? They are soooo very wise.

Name those canadian banks functioning as broker in forex trading? -

tell about those banks which are working in canada and those provide forex broker services in forex trading You can go to CMCmarkets.ca , I am pretty sure that will work for what you are after. You can trade forex instruments with them, as well as commodities and CFD s . http://tradingforexonline.info/ provides information about forex trading, online forex trading forex trading software, forex trading system,forex currency trading. I realize I am giving a US answer but you should still read the warnings: Read this from the US Commodity Futures Trading Commission: http://www.cftc.gov/customerprotection/f... and from CNN Money: http://money.cnn.com/magazines/moneymag/...

Where can i get loans or funds to invest in the forex market? -

don t get a loan for forex as speculating. You either have the $$ or don t amp; still should probably avoid if do have the $$. I do not suggest you borrow money to trade the forex market. You should only use money that you can afford to lose and which would not change your lifestyle if you lose it. If you do have extra money, click on http://www.4xmoneytrain.com You ll be glad you did!! the bank First of all, you don t quot;investquot; in forex, you trade. Because currency trading is a zero-sum game, unlike the stock market which has a long term tendency of gaining value. But if you do decide to trade currency, brokerage itself should be able to offer you margin at rate of 4%-6%, but you have to put some of your own money in first. How about out of your own pants pocket. It looks you are going to begin your trading experience with borrowed money - DO NOT DO THAT. I think there is no any trader in the world who didn t lose his first deposit. Just only few of them are so brave and honest that could disclose it while other ones never speak about it. But it is true.

Tuesday, May 22, 2007

If I want to start a Forex or Stocks dealing business, any place to develove such software? -

The legalities aside... Regarding FOREX, you can certainly hire programmers and create software from scratch, but you might be better off using a white label program from an existing forex company. They offered canned software that can be customized to your needs. Try http://www.currenex.com/index.html, http://www.ac-markets.com/partnership/wh... You can search on white label forex software to find more of them.

Where is the best site to learn to trade FOREX online? -

Im very interested in learning how to trade currency but there are so many websites out there that offer premium courses that I would have no idea which to choose. Does anybody know any good informational/tutorial websites for trading? Preferably free. Many Thanks I like http://www.forextopten.com/ and www.dailyfx.com. Both websites offer good knowledge for free. I ll list a couple of other websites on the resources. There are a number of free trading courses available. The link below is one. Have you traded on the stock market as yet? It is less complicated. Forex trading is not a place for novices. When you want to register with a forex broker you will most likely be asked to deposit a substantial amount of money as security, $10,000 or more. Sadly many new comers to Forex trading are lured by the vision of making large amounts of money from this activity. Unfortunately many of them lose their security deposits in a very short period of time. You should practice for at least six months before making any real trades. Importantly you must treat this practice trading as though it was real to really get an idea of how these markets work. The professionals in this market will buy and sell on many markets. www.babypips.com is in my opinion a superb site with a good forum, good advice and an easy laid out free online training programme. I was doing well out of currency trading (part time thing),but dipped out for a while when I saw too much volatility in the market. Since then I ve been doing ok with arbitrage and trade betting. If you do it right and are patient, you can trade with little risk. Go try poems(you can try the demo)but you have to open an account with a little deposit. my blogger learn to trade FOREX online http://forex-trade3663.blogspot.com/ http://forex-trade-2008.blogspot.com/

Is it easy to get started trading on the Forex? -

quite complicated but with serious study you can get through. you may register to this site to download a Free Forex Ebook and a Free Demo Account as well. these will help you get started. all the best. yes it is easy if you learn atleast basics about what is forex ,how to exchange money,how to get profits,how to avoid loss ,about money management,briefly you should learn how,where,what,why ,then it is easy ,first try at demo account then start trading at yourself,but be careful at starting.Best Of Luck. yes and know. Easy to get started..yes, easy to make money and be good at it....no. There are no free rides here. You have to know the markets, know the news, what moves the currencies, fiscal policy, how to trade plus more. You can get a demo account to get you going which does help. Start small and hone your craft. If you want to be profitable right away, you can go with an automated forex trading robot. There is a link listed below It is easy to get started if you have the right training. I have been doing it for a while and found that you need a good chunk of cash behind you i started with around $10,000 and have lost a good bit of it. You are best to find a program with a practice account and go from there. You should find plenty on a search engine. J I know nothing about trading but I got an automated trading robot and invested $100 into it to test the waters. In two months time my account jumped up to $327. Not bad for doing nothing! I don t think I will get the $453,000 like the the website s example but then again I did not start off with $10,000! http://forexboomrang.com Very easy to get started but it will take some study to make a good profit. I found this site on Forex education which gives a lot of free articles, tips and even some videos on how to trade in the currency markets: http://www.whatforex.info If you are new to Forex, there are great learning tools to help you get started, including free videos, online seminars. And the best part is that you can start trading with only $10 http://awesomeforexalerts.com/online-for...

Does anyone out there make money out of forex trading? -

How much should I have in the forex account to earn approx $1000 per week? it depends on your skills.............George Soros is a billionaire from trading,,,,,,,,,,mostly currency 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 a little over two months I already have a ROI of 59%. 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! there is no guarantee as to how much you will earn trading in forex. it is a very volatile market which means it is constantly moving depending on many things such as the economy of the country, politics etc. …. you may gain or may lose money depending on the result of exchanges. you can check out this site and register. you can have a free ebook for you to read and learn the trade as well as you can avail of the services of a personal Account Service Manager with whom you can speak via telephone, email or chat. he/she can guide you and will work closely with you in your trading activities. To make $1000 a week, you need to make sure you can handle the drawdown. Any one who says they can make $1000 a week guaranteed is full of it. I would say an account with $10,000 will help you with your leverage situation. With 1 standard lot of the eurusd, all you need is 100 pips. Easier said then done. Good Luck. As Xelam said, there is no guarantee as to how much you will earn trading in Forex. it is a very volatile market which means it is constantly moving depending on many things such as the economy of the country, politics etc. …. It is a key problem! ALL you need to earn great profits - is to UNDERSTAND market behavior. You must know, how does Forex currency reacts to incoming information: economy, politics, natural events, wars... - ALL this moves Forex price. And you should know, under WHAT law Forex reacts to this. Exactly this market behavior researches quot;Market Essencequot; team. You should go there and join them absolutely for free. Learn, discuss, ask questions. In fact, there is exist too few such a projects, directed on free professional market trading education.

In terms of FOREX price quotes, is there any difference between the different FOREX trading websites? -

There is of course, considering the high level of sophistication impacted into the various trading platforms. A better question to ask is: are they deliberately manipulated? http://www.forex-ratings.com/ check these amazing sites: http://www.online-ebook-download.com/aut... http://www.online-ebook-download.com/for... http://www.online-ebook-download.com/bes...

Can I make $10 an hour trading forex currencies? -

I have studied a lot of technical analysis and played a little with forex.. currently i make $10 and hour .. I was wondering if it was possible to make just $10 an hour trading... if so let me know i d love to quit my job and stay at home all day How much should I have in my account? Leverage? What broker? no you can not. but you can lose hundreds in seconds. 30 years investing. Sure you can make $10 per hr OR you can lose $10 per hr. Easy come-easy go. If you want to make $10.00 an hour then apply for a job at McDonald s. Forex is only for people interested in making $100.00 an hour. never quit your job for forex . Only 10% of traders win consistently. Practice Practice Practice. You can make much more that $100 per hour Start with what you can afford to lose Leverage 80 percent. FXCM.com I assume by played a little, you have traded for a short time only. If so, its probably beginner s luck. You have to be in it at least a year or so. My advice is don t quit your job at the moment and trade using demo accounts first to train and educate yourself as much as possible. Leverage for starters, use 100:1 then gradually advance as you become more advance. As for broker, any broker that you can find is fine. Yes it is possible but it is alot more involved than answering a basic question. If you would like me to answer more in depth write to me at billone44@yahoo.com I am a forex trader with investment clubs Forex profit is not related to the number of hours that you sit in front of a screen. It is dependent upon the number of successful trades that you have. The problem is that you have no control at all over when a successful trade may present itself. I have clients that have made over $2000 in a week and they never spend more than 30 minutes a week managing an account of any size. I would suggest that rather than looking at Forex as a means to quit your job, you should look at Forex as a long term investment vehicle to accelerate your retirement fund. Paul

Monday, May 21, 2007

I need to know the number of Yuan traded daily on the FOREX.? -

For this research project that I m doing, I need to know either the actual quantity of Yuan (the Chinese currency) traded on the FOREX each day, or the percentage of the FOREX trading that is done in Yuan, or any information that can lead me in that direction. REFERENCES CRUCIAL, because I need a bibliography. Ever thought of going right to the source?

How to amp;#39;alwaysamp;#39; make profit in Forex trading? -

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.. To always make a profit in Forex, You need to one learn the market two be willing to commit several hours aday watching the charts studying the market conditions as in what is going on in the world that may affect your investment, You can see a daily profit but it is not a matter of buying or selling a currency and then hope you made the right choice but rather it is you have studied the economy of the pairs you wish to invest in , you have done research and know that in a day or an hour news will be released that will affect your curreny of choice and by knowing that at a certain time the outcome may become true, you sit and watch the charts and if you are buying and think the currency you want to buy is going to gain once the news release is commited then you watch to see if the currency is indeed going up. once you see it is moving you then invest in the currency and depending on the level of risk for profit you are willing to take you let your money stay until it changes direction. Now it is more complicated than that and all the people who say you can not make money in forex have never studied the markets they jumped in blidly and lost their money me I invest through investment clubs. Why? By pooling the funds it puts us in a better leverage position. I choose to make at least a 5.3% return monthly so when I invest I know I have to make a certain amount of profit per day based on the movement of quot;pipsquot; from the point I invest to the point I make the amount required for that day to meet my goals. If you would like more information write to me at billone44@yahoo.com Okay Ryan, the bad news is...no you can t ALWAYS make a profit at Forex. There are too many non-predictable events that can impact the market on a daily basis. It is the nature of the market that you will have some days with gains and some days with losses. The good news is that there are conservative Forex strategies that you can utilize that can provide consistent long term profits. Your goal should be to consistently earn more in a month than a bank would pay you in a year. I can send you an analysis that shows how a conservative hedge trading strategy would have performed over the past 500 days utilizing various currency pairs. I think you will see that there are positive days and negative days but the underlying strategy keeps the losses contained and lets the gains grow. Just drop me an email. Paul pupp52@yahoo.com Try this one: http://www.forexforsmarties.com You certainly will see some small drawbacks, but ON LONG RUN you will profit. At least you will not lose your equity IF you ll use right (low risk) settings. The way to always make a profit in Forex is to sell services to Forex traders. Whether or not the Forex traders make money or lose money, you can still sell them stuff. You ll notice a number of the responses here are proof of that.

Any Forex prediction or sentiment system you have tested I can use reliably? -

Yes, no system is 100% safe but which one give the best results? the only one for forex that I have seen is www.4xmadeeasy.com but I haven t really been looking to hard. Not sure read some forex and currency trading tips and more on this site

What are some lessons youamp;#39;ve learned from trading in the ForEx? -

I m just learning about the ForEx and I d like to hear about personal experiences and lessons learned. trade in the direction of the trend write a trading plan and follow it trade with stops and manage trade by moving stops trade only new, larger trends understand parallel and inverse analysis understand support and resistance if you have a substantial profit close out half of your lots and let the rest ride with breakeven stop (playing with the houses money) good trading mark mc donnell www.forexearlywarning.com Money Management amp; position sizing are the most important tools to be successful. You should be able to make a nice living, even if 50% of your trades are stopped out. Greed, fear and indicision are your worst enemies. Don t use quot;alertquot; services. The drawdowns will kill you! Have an entry and exit stradegy before getting in a position. Never do something because you quot;thinkquot;, quot;knowquot; or quot;wantquot; something to happen. 95% of FX traders fail. Make a plan and follow it.

Hi! The question drilling my mind is - How to make big money on Internet, Forex or Stock market? -

I am computer technician. My ads in different news-papers. I repairing comps, cleaning from pop-ups, viruses, re-intalling and stuff like that. I own my very little business and thinking about How to expand that opportunity and looking for extra income stream. Hi, Actually froex and stock markets are not so dangerous as many people talk. Just few simle rules: 1. Market always is right 2. Follow the market. 3. Don t be greedy. 4. Always use stop loss accordingly to money management rules. Those books will help you to find way how to trade: Market Wizards by Jack D. Schwager; 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 M. Williams; New Trading Dimensions by Bill M. Williams Trading Chaos II by Bill Williams – Maximize Profits with Proven Technical Techniques by Justin Gregory-Williams and Bill M. Williams If you are interesting I could introduce you to one brokerage company in Austria that allows to trade from same account currency (forex), commodities, metals and cfd on shares. Total 500 instruments available; spread from 1 pip. If you open trading account under my referral I provide you for free with trading techniques that I successfully use for several years. Currency (forex) trading is attractive because it is very high income and you could trade from any place in the world and at any time from Sunday night to Friday night. If you are interesting and/or have any question please do not hesitate and pm or e-mail me (press on my name). Good luck! Buy low, sell high. Buy high, sell higher. The way to earn big money is to save up and invest your savings. Forex to me is too dangerous and the stock market is also risky unless you have the technical knowledge and are not punting. I suggest you invest your savings in mutual funds which have a global perspective. That way it s stable and you can get a higher rate of return than placing a fixed deposit in the bank and beat inflation. Save, save and save. Do not overspend but stick to your budget. Prepare a budget for yourself so you don t overspend or buy things needlessly. Your savings and investment can even reap a huge harvest later based on compounding. The earlier you save the better your retirement amount bcos of compound interest. When investing, you should always gain the knowledge you need before you enter the market. You will eliminate allot of risk if you know your market. Technical analyzes is important both when trading stocks and currencies, but the most important thing is to be able to control your feelings. Fear and greed makes allot of losers in the financial markets. Dr. Alexander Elder is a psychiatrist and trader. He has written great books on trading and the psychological aspect (Trading for a living and Enter my trading room). There are also online courses on technical analyzes. Orion Trading has a great free introduction course on the subject, and also an advanced course which give you everything you need to build your own strategy for technical analyzes. Their website is www.oriontrading.org there are no gueranteed get rich schemes, what works for one person may fail for 3 others, research is needed to see if it fits you, the true way to have a small fortune is start with a large one This is the Greatest Option!!! But, it on works for US Residents right now. I was always looking for a work at home opportunity because I travel with my husband. I have finally found a great one, after searching thru a ton of scams! Anyway, it is FREE to join, which is always good. If anyone asks you to pay to earn money then there is something wrong with that picture! Anyway, check it out. You earn money back when you shop on places online, like eBay (everyone shops online these days) - AND the best part - You earn money when you refer people to shop. Just click the link below and check it out - it really is the best thing that has ever happened to me. It s the Real Deal! P.S. If you would like, you can email me at my email address under my profile - I will answer any questions you may have. :) Why not do both, if you spread your investment around you are less likely to lose your money, i would worry more about losing your money than making big money. If any investment is too good to be true, it probably is, most people lose their money trying to make big money fast.