What is the tax rate for a forex market? -

What is the tax rate for a forex market? About a year ago, I invested couple thousands of dollars in forex market. I have more lose than gain. Overall, I ve gained around $7000.00 (my loss is higher than this value). My question is what would the tax rate for this capital gain be for this kind of situation. My regular income is less than $20,0000 Did you keep records that state you expected to be taxed under IRC 1256 (capital gains rules) rather than IRC 988 (ordinary interest income)? If yes, then when you receive your 1099 at the end of the year you will get a 60/40 split of activity onto your schedule D. 40% is treated as short term; 60% as long term. Long term gains would get a better tax rate than short term gains. (If for some reason you don t get the 1099, you must still report the income.)

Is Forex trading not valid in India? -

Is Forex Trading not valid in India? You can trade forex in India, as well as any other country. Many forex trading platforms are Internet based and all you need is a way to deposit money which is usually done with either credit card or PayPal. Best regards, trading in forex can be done anywhere as long as there is internet connection. you may check this site for more options. if you are new to forex, you can register to download a free ebook. you can even get a free demo account and an opportunity to talk live to a personal account service manager via phone, email or chat as you like.

What in the world is Forex Trading? -

Can anyone give me the basics and then some on what it is exactly? If I have just a few thousand to invest, is this something I should consider looking into? Should I just play the market / funds? What are the pros and cons of it? 1st off don t listen to some degenerate who say don t do this and that then in the next sentence say I don t know much about it. people like that need to keep there yap shut. Forex is buy and selling currency pairs at the same time. You can get started for about $300. Not the thousands some other idiot here talked about. But before you do that open a demo account and practice. Buy a book or 2 and read all you can then apply what you learned. Give it a few months and see if your ready. Crawl, Walk, Run. Sen Clay Davis - The Wire. Forex is short for foreign exchange. Essentially it s trading currencies. I would not advising going into forex if you are a novice investor. Plus, you really need more than a few thousand to get started. If I were you I would look into buying a parcel of shares and writing covered calls on them. That s pretty much the safest market strategy you can utilise to get an income each month. http://www.smart-forex-live.com/forex-ki... This site provides a comprehensive review of Forex Killer as well as a link to the Web site. I know that they can help start investing with only $500, and they also show you how to trade. Check this software out and I hope you make lots of money!! If you want to learn how to trade properly and stand a good chance of making money from the word go then you should check out a community started by a pro trader called Jason Jankovsky. The guy knows his stuff: http://theforexbrotherhoodreview.blogspo... There s a pretty nice article entitles quot;Introduction To Forex Tradingquot; here: http://www.forexfromscratch.com/tutorial... Hi, Forex trading is the quot;new buzzquot; lately. An old game that hasn t been played by the masses......but let me warn you....it is a very old game that is played very well by the sharks. I myself don t know a whole lot about it...but here is my experience. I was a Limo driver in NYCity for about 10 years....i had super rich customers who regularly requested me as their driver for an elite company. I had 3, 29 year old guys who were no less than quot;brilliantquot; in all respects socially. The were quot;currencyquot; or quot;bondquot; traders on the NY stock exchange. Back in 1996, we all had quot;Skytelquot; pagers.......pagers that would read out quot;currency exchangesquot; throughout the night world wide. Basically, the skytel pagers would inform everyone that the quot;Dowquot; closed at 200 points down, but the quot;Yenquot; in Japan was trading at 300 points up a few hours later. So, what was the money gonna exchange at when the sun rose in London? And, before it got back to the states? Around the world......hmmm, who knows, lets speculate. Like i said, i don t know much about it but i do know this.....if you have a few grand, quot;STAY AWAYquot;!!! Even back then, these sharks i catered to would be sitting at the bar, sluggin alcohol and guessing if they could make a buck, on a hunch, or quot;how they felt about itquot;...... stock, currency, or bond brokers get paid whether you win or lose....they get paid both ways....win or lose, they get their commission. These guys get quot;paidquot; pennies on the dollar.....but, they move so much money quot;per transactionquot; that it is worth it to them. They will call quot;Larry Ellisonquot; at 11pm and tell him the quot;yenquot; is up and his boy quot;Joe Blow stockbrokerquot; feels good about a Forex trade of 10 million. Ol Larry says OK, and the deal is done with a few punches of a few buttons. The Yen goes up a few points.....we all make out good, Olquot; Larry is happy. The Yen drops a few points, oh well, Larry ain t to happy but Joe Blow still gets paid. And, he is half drunk when he made his recommendation to his customer. Trust me, these guys are quot;sharksquot; and got there by stepping on small fry. They might only get paid $90,000 a year but if they buy and sell well they can get bonuses of $800K-2 million or more.....usually around Xmas time. Most stockbrokers i ever met move more money in a day than i will see in a lifetime. A few grand ......save it. Invest in an ice cream truck or other small enterprise. Then you have a chance. If you desire or fall for the trap of Forex.....chances are very good your gonna lose. The sharks will take you down......don t get me wrong.....they want to do well to so you come back.....but if you trust them and they lose your money, they still get paid. Good Luck!!!

How do you hedge Forex positions? -

You can get options on forex. They re call SPOT (Single Payment Options Trading) or Binary options. Unlike traditional options that have predetermined expiration dates and strike prices, SPOTs are set at prices and dates that you and the counter-party agree upon and how much is paid out. Let s say you buy the EUR/USD pair at 1.3300 on a mini lot and you want to hedge your position. You can trade an option with the conditions that you feel prices will drop below 1.3225 in the next 14 days and if they do, you get paid say $250 (that s a 75 pip drop on the actual pair or $75 per mini lot) You pay the broker a premium for this option. If the pair does drop below 1.3225, you are paid the $250 covering your 75 Pip loss on the pair and possibly the premium paid the broker. If the pair doesn t drop below 1.3225, you lose the entire options premium. You can get more information on them through www.saxobank.com or www.refcospot.com. You place trades in the direction opposite of your primary position. For example if you have 2 lots going long on the GBP/USD you can place a trade for 1 lot going short on the GBP/USD. If you feel your forex position will go down then sell in the Forward market. You get 3, 6 and 9 months forward quotes. So if you feel something will happen in some direction which is not codusive for your position then hedge in these markets. If you sell machinery in a foreign market and you get paid late then if the denominated currency is going to go down, you can use this method to cover up for the forex risk.

What brokers have the tightest spreads on forex? -

I d like to find 2 pips or less on EUR/USD. I used to trade with IB, which has a spread of about 1 pip, but they also charge a commission. What other tight spread brokers are there? I m sure I ve seen 2 pips before. www.forex.com. Has the tightest spreads even during market volatility. I don t use them though I don t day trade either. I use a different in system that spreads are not that big of worry I still make money hedging my trades. www.freedomrocks.com/19768. Not my sight but they have shown me the light of investing in the forex market.

Is Indian individuals are eligible to trade in forex and internatonal commodity markets or not? -

Anyone can trade on financial markets (unless there are sanctions on a country that disallow the right). The Forex is open to everyone in the free world. The only people disallowed are those that are restrained locally from doing so. Yes you can, you will have to register with a forex dealer for that. And according to FEMA and the RBI, the maximim exposure you can have will be USD 25000 yes, certainly. there are few methods to invest. you can check on international forex, or check with the agents. all the best, hope u get the bags of gold.

In Stock or Forex trading, what does quot;hawkishquot; means? -

I am reading for forex news release predictions and waiting for Bank of England Meeting Minutes. I am told to buy if the announcement is quot;hawkishquot;. Hawkish (Hawk) means preferring higher or raising interest rates to fight inflation and its effects on the economy. The opposite is Doveish (Dove) is someone that prefers lower or lowering interest rates in the belief that inflation and its effects will have minimum impact on the economy. If they say a Hawkish statement is believed to be coming out, it means the Central Bank is going to take a stance of fighting inflation and thus will be raising interest rates. Somebody who has an agressive view...so if the bank of England issues an statement which suggests that further increases in interest rates are likely. a kind of index for measurement some rate it means run away best informations about forex in : http://www.fx4c.com

What are the most important things to know when begin to work on FOREX? -

Having an MBA in finance from a top-tier university. Once you know that you have one, roll up your sleeves and get started. From what i ve learnt,its probably the amount of money your willing to lose, learning how to use charts/indicators and also develeloping your own style of trading. i think those are the most important things. The sources i have used are the links below and i also read a shares website. How about this: At http://www.mycreditadvise.com you ll find free articles about forex trading. You can use this site as much as you like to learn more about forex trading. Thank you! That it s gambling, not investing.

How can I learn Forex trading for free? -

where can I find tutorials about Forex and the FXCM trading station 2? Forex Trading Tips – Part 1 Why do hundreds of thousands online traders and investors trade the forex market every day, and how do they make money doing it? This two-part report clearly and simply details essential tips on how to avoid typical pitfalls and start making more money in your forex trading. 1.Trade pairs, not currencies – Like any relationship, you have to know both sides. Success or failure in forex trading depends upon being right about both currencies and how they impact one another, not just one. 2.Knowledge is Power – When starting out trading forex online, it is essential that you understand the basics of this market if you want to make the most of your investments. The main forex influencer is global news and events. For example, say an ECB statement is released on European interest rates which typically will cause a flurry of activity. Most newcomers react violently to news like this and close their positions and subsequently miss out on some of the best trading opportunities by waiting until the market calms down. The potential in the forex market is in the volatility, not in its tranquility. 3.Unambitious trading – Many new traders will place very tight orders in order to take very small profits. This is not a sustainable approach because although you may be profitable in the short run (if you are lucky), you risk losing in the longer term as you have to recover the difference between the bid and the ask price before you can make any profit and this is much more difficult when you make small trades than when you make larger ones. 4.Over-cautious trading – Like the trader who tries to take small incremental profits all the time, the trader who places tight stop losses with a retail forex broker is doomed. As we stated above, you have to give your position a fair chance to demonstrate its ability to produce. If you don’t place reasonable stop losses that allow your trade to do so, you will always end up undercutting yourself and losing a small piece of your deposit with every trade. 5.Independence – If you are new to forex, you will either decide to trade your own money or to have a broker trade it for you. So far, so good. But your risk of losing increases exponentially if you either of these two things: Interfere with what your broker is doing on your behalf (as his strategy might require a long gestation period); Seek advice from too many sources – multiple input will only result in multiple losses. Take a position, ride with it and then analyse the outcome – by yourself, for yourself. 6.Tiny margins – Margin trading is one of the biggest advantages in trading forex as it allows you to trade amounts far larger than the total of your deposits. However, it can also be dangerous to novice traders as it can appeal to the greed factor that destroys many forex traders. The best guideline is to increase your leverage in line with your experience and success. 7.No strategy – The aim of making money is not a trading strategy. A strategy is your map for how you plan to make money. Your strategy details the approach you are going to take, which currencies you are going to trade and how you will manage your risk. Without a strategy, you may become one of the 90% of new traders that lose their money. 8.Trading Off-Peak Hours – Professional FX traders, option traders, and hedge funds posses a huge advantage over small retail traders during off-peak hours (between 2200 CET and 1000 CET) as they can hedge their positions and move them around when there is far small trade volume is going through (meaning their risk is smaller). The best advice for trading during off peak hours is simple – don’t. 9.The only way is up/down – When the market is on its way up, the market is on its way up. When the market is going down, the market is going down. That’s it. There are many systems which analyse past trends, but none that can accurately predict the future. But if you acknowledge to yourself that all that is happening at any time is that the market is simply moving, you ll be amazed at how hard it is to blame anyone else. 10.Trade on the news – Most of the really big market moves occur around news time. Trading volume is high and the moves are significant; this means there is no better time to trade than when news is released. This is when the big players adjust their positions and prices change resulting in a serious currency flow. 11.Exiting Trades – If you place a trade and it’s not working out for you, get out. Don’t compound your mistake by staying in and hoping for a reversal. If you’re in a winning trade, don’t talk yourself out of the position because you’re bored or want to relieve stress; stress is a natural part of trading; get used to it. 12.Don’t trade too short-term – If you are aiming to make less than 20 points profit, don’t undertake the trade. The spread you are trading on will make the odds against you far too high. 13.Don’t be smart – The most successful traders I know keep their trading simple. They don’t analyse all day or research historical trends and track web logs and their results are excellent. 14.Tops and Bottoms – There are no real “bargains” in trading foreign exchange. Trade in the direction the price is going in and you’re results will be almost guaranteed to improve. 15.Ignoring the technicals– Understanding whether the market is over-extended long or short is a key indicator of price action. Spikes occur in the market when it is moving all one way. 16.Emotional Trading – Without that all-important strategy, you’re trades essentially are thoughts only and thoughts are emotions and a very poor foundation for trading. When most of us are upset and emotional, we don’t tend to make the wisest decisions. Don’t let your emotions sway you. 17.Confidence – Confidence comes from successful trading. If you lose money early in your trading career it’s very difficult to regain it; the trick is not to go off half-******; learn the business before you trade. Remember, knowledge is power. Forex Trading Tips – Part 2 Why do hundreds of thousands online traders and investors trade the forex market every day, and how do they make money doing it? The second and final part of this report clearly and simply details more essential tips on how to avoid the pitfalls and start making more money in your forex trading. 1.Take it like a man – If you decide to ride a loss, you are simply displaying stupidity and cowardice. It takes guts to accept your loss and wait for tomorrow to try again. Sticking to a bad position ruins lots of traders - permanently. Try to remember that the market often behaves illogically, so don’t get commit to any one trade; it’s just a trade. One good trade will not make you a trading success; it’s ongoing regular performance over months and years that makes a good trader. 2.Focus – Fantasising about possible profits and then “spending” them before you have realised them is no good. Focus on your current position(s) and place reasonable stop losses at the time you do the trade. Then sit back and enjoy the ride - you have no real control from now on, the market will do what it wants to do. 3.Don’t trust demos – Demo trading often causes new traders to learn bad habits. These bad habits, which can be very dangerous in the long run, come about because you are playing with virtual money. Once you know how your broker’s system works, start trading small amounts and only take the risk you can afford to win or lose. 4.Stick to the strategy – When you make money on a well thought-out strategic trade, don’t go and lose half of it next time on a fancy; stick to your strategy and invest profits on the next trade that matches your long-term goals. 5.Trade today – Most successful day traders are highly focused on what’s happening in the short-term, not what may happen over the next month. If you’re trading with 40 to 60-point stops focus on what’s happening today as the market will probably move too quickly to consider the long-term future. However, the long-term trends are not unimportant; they will not always help you though if you’re trading intraday. 6.The clues are in the details – The bottom line on your account balance doesn’t tell the whole story. Consider individual trade details; analyse your losses and the telling losing streaks. Generally, traders that make money without suffering significant daily losses have the best chance of sustaining positive performance in the long term. 7.Simulated Results – Be very careful and wary about infamous “black box” systems. These so-called trading signal systems do not often explain exactly how the trade signals they generate are produced. Typically, these systems only show their track record of extraordinary results – historical results. Successfully predicting future trade scenarios is altogether more complex. The high-speed algorithmic capabilities of these systems provide significant retrospective trading systems, not ones which will help you trade effectively in the future. 8.Get to know one cross at a time – Each currency pair is unique, and has a unique way of moving in the marketplace. The forces which cause the pair to move up and down are individual to each cross, so study them and learn from your experience and apply your learning to one cross at a time. 9.Risk Reward – If you put a 20 point stop and a 50 point profit your chances of winning are probably about 1-3 against you. In fact, given the spread you’re trading on, it’s more likely to be 1-4. Play the odds the market gives you. 10.Trading for Wrong Reasons – Don’t trade if you are bored, unsure or reacting on a whim. The reason that you are bored in the first place is probably because there is no trade to make in the first place. If you are unsure, it’s probably because you can’t see the trade to make, so don’t make one. 11.Zen Trading– Even when you have taken a position in the markets, you should try and think as you would if you hadn’t taken one. This level of detachment is essential if you want to retain your clarity of mind and avoid succumbing to emotional impulses and therefore increasing the likelihood of incurring losses. To achieve this, you need to cultivate a calm and relaxed outlook. Trade in brief periods of no more than a few hours at a time and accept that once the trade has been made, it’s out of your hands. 12.Determination – Once you have decided to place a trade, stick to it and let it run its course. This means that if your stop loss is close to being triggered, let it trigger. If you move your stop midway through a trade’s life, you are more than likely to suffer worse moves against you. Your determination must be show itself when you acknowledge that you got it wrong, so get out. 13.Short-term Moving Average Crossovers – This is one of the most dangerous trade scenarios for non professional traders. When the short-term moving average crosses the longer-term moving average it only means that the average price in the short run is equal to the average price in the longer run. This is neither a bullish nor bearish indication, so don’t fall into the trap of believing it is one. 14.Stochastic – Another dangerous scenario. When it first signals an exhausted condition that’s when the big spike in the “exhausted” currency cross tends to occur. My advice is to buy on the first sign of an overbought cross and then sell on the first sign of an oversold one. This approach means that you’ll be with the trend and have successfully identified a positive move that still has some way to go. So if percentage K and percentage D are both crossing 80, then buy! (This is the same on sell side, where you sell at 20). 15.One cross is all that counts – EURUSD seems to be trading higher, so you buy GBPUSD because it appears not to have moved yet. This is dangerous. Focus on one cross at a time – if EURUSD looks good to you, then just buy EURUSD. 16.Wrong Broker – A lot of FOREX brokers are in business only to make money from yours. Read forums, blogs and chats around the net to get an unbiased opinion before you choose your broker. 17.Too bullish – Trading statistics show that 90% of most traders will fail at some point. Being too bullish about your trading aptitude can be fatal to your long-term success. You can always learn more about trading the markets, even if you are currently successful in your trades. Stay modest, and keep your eyes open for new ideas and bad habits you might be falling in to. 18.Interpret forex news yourself – Learn to read the source documents of forex news and events - don’t rely on the interpretations of news media or others. Otherwise you can use http://www.forextrading-system.com They have all kind of explanations here and some nice free software Try www.CentralPips.com i use there program it Really Rocks they have tons of Real FREE VIDEOS on how to trade. also check out www.ForexJudge.com for a review on all major forex systems Report Abuse Try www.investopedia.com to start

Has anyone used the Forex system to make money? -

If so what was the minimum you invested and did it work for you? Was the system easy to learn and use? Thanks everyone. Hi, Forex trading does wonders if you make your moves wisely. You can check out http://stocks.advisorinternet.info for some valuable tips on prudent investment in forex. Good luck! yes but lost money hence tried to ease a little. http://forexandforex.com/ Report Abuse well with the disappearance of the European currencies, Currency trading has become either a big winner or a big loser. competition is stronger now as the wealth are moving amongst lower number of currencies I have played the Forex markets for many years. I have lost money and I have made money. Making quot;money with moneyquot; is not always as easy as it seems. The Forex markets are now officially the largest markets in the world. The figure I heard quoted was $2.7 trillion per day - that s big! When you trade in the Forex markets most of you trades will fail. I have heard it said that 70% lose. However, the good news is that the other 30% give you the returns you want. In order to succeed you need discipline and patience and sometimes nerves of steel. These are qualities few investors have. I use the word quot;investorquot; but what many people say about the Forex markets is that you are a quot;speculatorquot; not an investor. How this definition is arrived at I do not know but it may be something to do with the fact that a quot;speculatorquot; seeks quick profits whereas an investor looks more at the long term. NEVER trade these markets unless you have the money to lose. It is true to say the Forex markets offer opportunities for potential gains unparalled with other investment instruments but remember just as you have the opportunity on the one had for profit on the obverse side of the coin you have the chance of LOSS. If you play the Forex markets right you can make it to the million mark. That s not false promise. Is it difficult? Before investing in any market it is important to understand the market you are in. Ever heard the saying quot;fools rush inquot;? In 1986 I was badly burned on the London options markets. Why? Because I did not understand a thing and left it to someone else to make the trades. There are 2 main ways you can trade the Forex markets: 1. Options 2. Spread betting Options - (derivatives markets) do take some time to understand. They are in the form of quot;putsquot; and quot;callsquot;. You need to determine the way you think the market will. Spread betting - this has come to the fore in recent years mainly via the advent of the internet. It is far easier than options trading. You merely determine if you want a market to move quot;UPquot; or quot;DOWNquot; and place an amount per quot;pointquot;. Example: I look at the financial papers one day and believe that the Euro will rise against the Dollar. I go for an quot;upquot; bet on the dollar. I then determine how much I wish to place - let s assume it s ￡10 per point. If I am right and the Euro does appreciate against the dollar it s whatever the price movement x my stake: ￡10 a point Movement: 50 points Profit: ￡500 Many people will tell you that the Forex markets are for the quot;professionalsquot; or people with quot;know-howquot;. This is nonsense! Trading the Forex markets is like anything else. You can actually learn the way trades are made and educate yourself. Do you really think anyone is quot;bornquot; with expertise? The first step is to educate yourself. I cannot stress this enough. If you walk into something quot;blindquot; you are bound to fail. If lawyers, accountants and other professionals train for years then don t think you understand the market in a few weeks. This takes time. With patience and dedication you can succeed. The fun part about learning the basic of Forex is that the markets never tire, never wear out and are always constantly moving. This provides the astute Forex trader with new opportunities FOREVER! I recommend these sites: http://www.toniturner.com/ - investment guru For trading: http://www.tradindexclassic.com/ http://www.igindex.co.uk/ http://www.finspreads.com - have details for the new trader! Good luck with your trading! This strategy is completely amazing. You will be hearing of it very soon. Right now its taking the investment world by storm growing 40% a month. But since it cost 100 a month I wouldn t reccomend anything under a 1000 because you pay 10% of your account a month so you would have to make 10%+ a month. That sounds ridiculous but they have averaged 15% a month since they started. I still wouldn t risk it with 1000 though. Email me and I would be glad to answer any questions for you. Watch the video presentation on the site below. www.demofreedomrocks.com Jonathan Stevens Believe me dear. Forex is very very risky.Do someting that is safe, you can start with a little amonut. Yes, you can make money. I have been doing it for ten years. There is no one system, you have to practise and find a system which will work for you.You will achieve that by reading and understanding economies,world news and a thousand and one little things which may or may not affect the forex markets.You will arrive at a view as to where you think the market is going [ sometimes you will be completely wrong, other times completely right ].When your view is wrong you have to have the mental fortitude to accept you are wrong and get out before the market takes you out! Remember at all times markets are erratic and not human. Humans are emotional and ,in general, stable. FINALLY BE CAREFUL WITH SOME [not all] OF THE SITES MENTIONED here as they are identity theft and nigerian scammers. No software will make you consistent money. Minimum Requirement for forex is 255 USD, and yes it worked for me, Even I am still a trader in FX, System is very easy and easy to learn, It works on two Fundamentals Economic Technical Download metatrader4 from www.metaquotes.net and start demo account of 5000 USD, and learn Hope to have another trader in this Sea.Cheers Invest in Forex is a high risk investment hub. The money is not guaranteed for the investor. Even in a few minutes you can lost hundred of thousand dollars. By the way the high risk equal high profit.

How does hedging work in forex? -

I haven t been able to figure it out. If you invest in two different currency pairs that mirror each other, how does a person expect to make any money, Does anyone know how to do this? which currency pairs do you use and how much can a person hope to earn, percentage wise, in relation to their original investment. Also I currently use Oanda any problems I should know about regarding this broker? Thanks in advance This is a position or a combination of positions that helps to reduce the risks of your primary position. Example: you own a stock and you sell a futures contract that ensure you will [later] sell your stock at a set price. By doing this, you avoid any Stock Market fluctuations and you do not lose any money. http://www.NecessaryInfo.info/Forex_Glos...

How can I design a forex trading system based on price action? -

I HAVE NOT COME ACROSS AN ARTICLE WHICH DEFINES AND EXPLAINS PRICE ACTION. I m not too sure what you mean but here I go... Price action in forex is basically governed by supply and demand theory - if there is demand for the currency it goes up. If there isn t price goes down. If there is too much supply, currency goes down and if there isn t enough, currency goes up. That s the simplest explanation - you might want to search around for supply and demand theory. Most forex systems are based on price action because most traders use charts - technical analysis which depends on price action. Price action is based on your experience and choices in trading If you are wanting to trade currencies {Forex} I suggest practise first and follow your own picks or if you have funds to invest and want a good return write to me for more information bill67co@yahoo.com Check out Japanese Candlestick.....Want to improve your Trading Strategy ? Dont just improve your technique. Improve also your Trading Strategy. Read more about it as taught by Dr Alexander Elder. Check out this compilation of Forex books. http://www.geocities.com/lcming/Forexboo... Check the website link below for the top Forex trading guides that will take you step-by-step through the intricacies of foreign exchange trading to make huge profits. http://money-review-site.com/investment....

How many pips does the average retail forex trader make? -

I m trying to trade forex on my own, with 3 strategies based primarily on technical analysis, supplemented by fundamental analysis. I ve developed these strategies through homework, lots of reading and just a bunch of research. I bought a system in the past and got burned. Now I m doing it myself. Does anyone know the honest average range of pips professional retail traders make every month? My impression was that they make an average 250-500 pips a month. Not to say they do that every month, it s just the result when averaged out. Right now, after 2 months of trading, I ve made a little over 200 pips and I m hoping to maintain that and improve to the 250-500 pip average a month range. Is that realistic? Ideal? What should be my target monthly average to be a truly successful forex trader. It is not wise to have a monthly pip target. If you fall behind your average it is easy to freak out during the last week of the month and make irrational decisions based on greed or fear. The easy way to target your trading is to set a daily pip target or what I like to call a Minimum Acceptable Target (MAP). 15 pips seems to be a conservative daily goal that if hit, will give you over 300 pips per month. The definition of a quot;successful Forex traderquot; is in the eyes of the beholder. What is successful for one might not meet the expectations of another. Personally, I like having a target of increasing my investment portfolio by at least 8% per month. Good luck with your strategies. Paul

Can Forex Killer be used on its own to decide trades ? -

I am nervous trying to decide when to enter trades so would Forex Killer help? i do very well on paper trades. It s a common problem to be a bit nervous when you are new. You will get used to it. When I first started in the bank on my first job, I was so nervous, I thought I would have a breakdown and it wasn t even my own money. Using Forex Killer would help you in your decisions. I use it myself and I like the software very much since I bought it 2 months ago. Use it to confirm your decisions or to help you zero down your choices. Forex Killer has helped a lot of people but I don t really think you should depend on it alone. But I know some people who do and they have also done well. I ld be interested if you had a good strategy with the killer system? I like it so far but have only paper traded. Report Abuse the outcome of currency pairs in forex trading is so volatile you can never rely on any of these signallers. you may check your options in this site. instead of robotic/computerised tippers, they provide their traders with Real, Human advisors called a personal Account Service manager who is actually an expert in the field of forex trading to be your mentor, adviser, friend and trading partner and can give expert personal advises, tricks and strategies for you to become successful in your trading activities. with no software to download, you can immediately trade upon signing in and your personal Account Service manager can trade with you until you get familiar with their system. moreover, they can set your Take Profit and Stop Loss rates so you can gain unlimited profits but lose only your defined amount just in case. more of the benefits traders enjoy can be viewed from the site. Many trader call it scam because use it to decide trade, It s not gonna work. U should add other thending indicator to to confirm forex killer software Most definitely not. You ll need to at least have some experience in Forex trading before you rely solely on any one trading tool.

How can I start trading forex using autopilot method? -

I have just opened my trading account and I am trying to decide on buying an autopilot forex trading software. There s a new autopilot forex trading software going to be launched and promises to be really sensational. If you want to try autopilot forex trading, go for the latest. It is likely to be sold out very fast. http://ForexLoophole.info Yes, a number of autopilot forex trading software programs have recently come into the market but the one I have tested and like most for autopilot forex trading is forex tracer. Found forex tracer easy to use and there s no knowledge needed. Forex Tracer can generate signals of when to buy or sell any currency. Anybody whether experienced or newbie can use. I would be careful about which forex systems you look into buying because there s a lot of scams out there which you can get burnt from. I would suggest taking a look at some reviews before you make any decisions because some of the systems you re going to see are less than satisfactory (no matter what the site suggests). When I was looking for a Forex system, I found http://www.fxsystemscompared.com which has reviewed all the top forex systems and given them HONEST and UNBIASED reviews based on actual customer comments online. For me, reading what they had to say made parting with my cash a no-brainer. Hope this helps? There are so many autopilot systems on the market that it s not much easy to decide which one is the best. The best thing to do is to use a website reviews like http://www.forextopten.com/forex-trading... in order to compare the different systems and chose the best one. I found this free video here which shows some guy running forex tracer for a couple of weeks, worth a look. http://www.ForexSoftwareReview.org you should use Forex Tracer, it made me $685 in the first 2 days Read about it here: http://forex.lem4.com

Where is a good place to discuss forex? any forumamp;#39;s available for newbie to experienced traders? -

Does anybody have any reading they consider to be a necessary source of information for beginning traders. Also, what kind of formal education is suggested for trading forex if any? Try : 1. http://www.babypips.com - Tutorials[Very down to earth] 2. http://www.geocities.com/lcming/Forexboo... [My Fav Forex Books] 3. http://www.geocities.com/lcming/ForexFor... - Forex Video 4. http://www.Forexplane.com - Forex Forum You can check out this forum it has Fx traders and stock information. http://stockstoshop.mywowbb.com Dear sir I can personally recommend following forums TSD forex,Moneytec forum and StrategyBuilderFX forum all of them usefully informative,best luck. I like recommending that my clients check out babypips.com for an awesome free education on the basics (and beyond) of Forex. A couple of good forums are www.piptraders.com , www.forexfactory.com and www.fxstreet.com. The thing that is nice about Forex is that there is a ton of very good free info out there for you. You can also open up a couple of demo accounts with the broker or brokers of your choice and get right into the deep end of the pool without risking any of your own money. Actually, a formal education might really mess you up :)) And lastly it is usually pretty easy to find someone that would be willing to coach you and give you some advice to keep you from making the same mistakes that most of us have made. Best wishes for your success! paul

Has anyone tried Admiral Markets for forex trading?? -

Has Anyone used admiral markets for forex trading? If yes can you please give a feedback about the feedback and the service provided by them. I want to open an account, but i am confused as which service provider shall i use. It should be reliable and easy to use. I need you advise..Thanks in advance. you can check out this site instead where you can start trading with as little as US$100, min. deal of $2,500 and use your credit card for instant deposit. You can have your own personal Account Service Manager to give you a one-on-one training, work closely with you and guide you during your early trading activities. you can also speak with expert team members anytime over the phone, e-mail or chat as you like. they can even execute your set rates, including Stop-Loss and Take-Profit rates which means you should not lose more than your Stop-Loss amount at risk as you define and they make all efforts to guarantee the rates, when it is able to doing so, unless market conditions prevent delivering the rate selected. they have a lot more features that aim to protect the traders from the risks involved in forex trading. the point is, you can have unlimited earning potential but you should not lose more than what you your pre defined rate. there are no hidden costs as well, spreads are competitive and with real time live quotes. Yes,they offer great help whenever i need.

How does one start forex trading? -

I suggest that you start off by researching what it is. The links down there should help any beginners for forex. Its got many articles especially for novices in forextrading and it also gives us updates on the economic situation around the world. I would suggest you start by learning properly how to trade so that you won t lose your money as many many Forex beginners do. There is a free Forex course you may like to look at that will help you to start trading profitably and ensure that you can minimize your losses too. best informations about forex in : http://www.fx4c.com

What are terms amp;#39;moving averagesamp;#39;, amp;#39;supportamp;#39;, amp;#39;resistanceamp;#39;, amp;#39;pivot points, etc in Forex? -

Register to download a Free Forex Ebook from this site. You will get from the book the meanings of all the terminologies you want to know. support and resistance is same for forex as anything else, if euro-dollar keeps retracing down everytime it rises to 1.56, that is its current resistance, if it keeps going down to 1.53, let s say, and then bouncing back up, that is its current support. Sometimes its referred to as quot;channelingquot; between the two. A moving average is also the same as stocks: if it s 10 week moving average is 1.54, that was its average over the last 10 weeks, or whatever increment is popular in forex. quot;movingquot; because when calculated the next day, the first day of yesterdays 10 weeks drops off, and the current day is added. I found a good explanation of how to calculate pivot point, and what it does for you, at http://www.straightforex.com/pivot.html This site has all kinds of information on trading you might want to check it out.

What do u mean by forex reserves.Which country has the most reserves? -

Forex reserves are foreign exchange reserves, or foreign currency deposits held by central banks and monetary reserves. The country with the most forex reserves at the present time is China. i think Swiss have the most

Whatamp;#39;s the minimum requirement to open a forex acount in Autralia? -

Requirement as in the annual income and the sorts... Plus, what are the reputable forex brokers in Australia? you can check out your options in this site. for one, you don’t have to be in Australia to open an account and there is no need to report your annual income. you will simply need your credit card to fund your account. if you are new to forex trading, once you register you can download a free forex ebook and a free demo account so you can read and practice as if you are doing the actual trading. what’s best with this site is they provide all traders with a personal Account Service manager whom you can talk to live via phone, email or chat and will always be around to guide you and answer all your technical questions. plus you can always interact with expert forex traders in the chat room. spreads are competitive with mini deposit of $100, mini deal of $2,500. there is no need for any software to download and with your mini deposit you can start trading immediately. they can even set your take profit and stop loss rates giving you the opportunity to take UNLIMITED PROFIT but lose only the amount you have defined. there are lots of other features in the site which are aimed at protecting the interest of their traders. search on internet quot; Forex austrelia brokerquot; Minimum amount depends on brokers. As marketvia.com starts fro 1$. AC-market.com start from $1000; You can also check my source

Does anyone have any experience, good or bad, with Robot Forex 2008? -

Never heard of it, but you can probably read reviews on it on a reviews website like http://www.forextopten.com/ or http://www.forexpeacearmy.com/ I ve never even heard of it, but I used http://www.ebooksreviewed.info/forexbot which after looking at the one you provided does what that one says. I can vouch for this one, I earn almost $1,500 a month and having it on autopilot is awesome. Just to give you an answer - I haven t used quot;Robot Forex 2008quot; but I have used Forex Autopilot before and have to say that it s pretty good. Here s a review I wrote - http://www.fxsystemscompared.com/rev_for... Hello TS, I ve just gone to the download page for Robot Forex 2008. It s free to download but as I was getting ready to check it out further I noticed something that I found disturbing. The software publishers described the software as 95% accurate and that set my alarm bells ringing. You can still download the software and play around with it. Most brokers offer practice accounts that you can use to see how the software works. I would personally not put any real money into the account if this software was used to trade it. There is no such thing as a trading system or robot that can sustain a 95% winning percentage over the long term. I know that I may sound negative but I write this in hopes of saving you and other people entering into the markets some time, money, and grief. I certainly hope that my input will help you to make an informed decision.

Where is the capital consortium group located that invests in the Forex Exchange? -

Need more information about their products What out for FOREX scams. They want your money. Is Capital Consortium Group a scam ? Report Abuse i found it not to be,,my wife and invested and came out on top along with others who can testify to the fact Report Abuse If it is a scam, this is one scam I m glad I m a part of!!! Can you say DEBT-FREE???? Report Abuse I have just enrolled and will continue to invest with them as I have complete trust in what they do. Walterandrenesa and Free Spirit, I would like to hear your stories regarding CCG. Report Abuse

What is the role of banks in forex management? -

what are the functions of bank in forex management ? Some good and helpful info here: http://www.estocktrades.info/guides.php

What is a good way to get into the Forex market? -

I have discovered a website www.cybazone.com that claims to be a good online tool to make forex trading easier. Would anyone recommend it? I have never been to the website you listed, but to answer your question about quot;what is a good way to get into the Forex marketquot;, here is what I would recommend. 1) Learn everything you can about Forex and what moves the market. You shouldn t have to spend money for this education. There are dozens of excellent resources online, most free, that should get you started. I too would recommend babypips.com as another poster did. There are many others, just start searching the web. 2) Find your own trading system. Again, not necessary to spend money on a system someone else has created. The success of a system has little to do with the system and much to do with the trader of that system. Use the resources online to help you build a good system and then stick with it. 3) Open a demo account and start practicing. Practice your system rules using a free demo account. Spend at least 3-6 months before going live. The balance of the demo account should be equal to what you plan on starting to trade. Don t open a $1,000,000 demo if you plan to start trading $500. DO NOT go live, until you are successful with your demo account. 4) Learn to be an emotion-free trader. There is a reason 90% of Forex traders lose. Work to become a disciplined, emotion-free Forex trader. http://ezinearticles.com/?The-Emotion-Fr... 5) Choose the right Forex broker for your system. Choosing the right broker is key. Every broker is different, and depending on the system you trade, one may be better than another. http://www.echocurrency.com/forexbrokerc... the best way to enter the forex market is to have a personal tutor to walk you through the basics and brief you how to use the technical and fundamental analyses tools used by all forex traders. you can find such person in this site. by opening a quot;miniquot; account of $100 they will provide you a personal Account Service Manager (ASM) to be your mentor, consultant and trading partner. your ASM is actually an expert forex trader and is your best resource in learning and honing your skill, techniques and strategies in trading foreign currencies. other accounts you can open are gold, platinum and vip. of course, the higher account you open the better are the trading fetures and privileges you are entitled to. The best way to enter Forex market is first signup for a demo account. There are many online brokers who provide the facility of demo account. As you are new to forex market and willing to enter this huge financial market. I would suggest you to take some technical knowlwdge regarding analysis, learn systems of studing the various charts and indicators. Secondaly, learn all about the facilities and methods of trading. Like the Margin, Leverage, Stoploss, Traling Stoploss etc. A good way to get into it is by using a demo account and play money and mastering it before you use real money. First steps you should take is learning technical analysis, learn the methods of reading the charts with things like Moving Averages, Moving Average Crossovers, Chart Patterns, Stochastics, RSI, MACD, Trend Lines, Channels, Fibonacci Retracement, Support and Resistance. Learn all about these things and that would be a good way to get into it. Never heard of that website you mentioned though but for a demo account try lots of different places and see what one you like best. I like FXCM. Another helpful site I d highly recommend is ac-markets.com. Gives you step by step info on how to start and proceed in the market.. See http://www.tjgroupforex.com for forex reviews and e-books

How can I learn on Forex? -

all i want to do is learn on FOR EX (Foreign Exchange) currency without having to sign up for anything. Can anyone help me out? Thanks. Hi there, well your question is common, and I′m not a Guru but certainly I could recommend you to visit some easy links that I use to read myself and don′t need to sign up, I′ll invite you to visit my blog as well my blog http://tradingforextips-marcuse.blogspot... other good blogs Hope you find useful the information and have good luck trading Forex http://forextrue.wordpress.com/ http://www.tradeviewforex.com You should download a demo and start practicing a lot. Plus you need to learn how to use technical analysis and to find a good source of information for fundamentals. You can also check some good websites that can guide and help you. you won t get anything unless you sign up. you can t expect people to teach you in details simply by answering your question. don t worry, you can sign up Free in this site and get a Free Forex Ebook as well. The best way to learn is to work with a demo account. To receive %100 accurate and free buy/sell forex signals join our group: http://finance.groups.yahoo.com/group/fr... see our statement as proof There s a free step-by-step guide which shows you exactly how to start trading forex at http://www.forexfromscratch.com If you re a true beginner, this book will help you a lot. If you are really serious about learning to trade forex you should check this one: http://www.NITrading.info The site that taught me Forex: www.babypips.com

Is there a limit to how much money you can sell back to a Currency Exchange/FOREX? -

In principle, no, although individual vendors may have limits simply due to the amount of cash they keep on hand. But a better deal can probably be had at your bank.

How to be good to trade both side of the forex? i mean ups and downs? -

I cannot figure out how to trade the downside of the forex because i too dicipline with the up-side only.. what kind of psychology do you need in order to be able to trade both side of it You need a system, and a trading plan related to that trading system. No amount of trading psychology would do you good on either side... of the trade... Unlike equities or futures, trading the downside in forex is not the same. For example, if Yahoo stock looks like it s going to decline, you d short the stock, wait for prices to fall and then cover your short and take your profits. Or you could buy put options on Yahoo and cash in that way. In forex, you re trading 2 currencies simultaneously. What that means, is when your trading a currency pair, you are buying one currency and selling the other at the same time. I ll give you an example, let s take the EUR/USD pair. When you are looking at a price chart of the EUR/USD, and you see prices going up, you are only seeing 1/2 of the equation. What the price chart is visually showing you is that the Euro is going up in value, but what you don t see, and you need to build an intuition of, is that the USD if falling in value. So, in this case, when you see the EUR/USD chart advancing and you buy the pair, you are actually buying Euro s and simultaneously selling dollars. On the flip side, if you see prices declining and you sell the pair, you are selling Euro s and simultanously buying dollars. So, in reality, you are long on one currency and short on the other at the same time. I still can t figure out why people can t get past making money on the downside - no offense to you I hope. The object of trading is to make money. Not to get a thrill or have fun, not to boost your ego - there is one and only one reason someone should be trading and that s to make a profit. So, if one can make a profit from the decline in the value of an asset, why would they not. Professional traders have no market bias, they don t care whether the market is advancing or declining. If there is a trade opportunity, they take it. Actually you are already trading the short side already. What do i mean ? Everytime you exit a long position, that exit is a sell order right ? What did you recognize about the situation for you to sell ? Well in the simplest form everything is in the reverse. Instead of buying say when the stochs are bottom sell when its at the top. Secondly, say when you are long a position what are your criteria to exit the position ? Those criterias are sell signals aren t they ? For more reversal techniques use Japanese Candle Stick.... http://www.geocities.com/lcming/Forexboo... Hi Slash4gunners, My wife and I came across your question and would suggest that you check out the FreedomRocks strategy. We ve been using it on our live accounts for the over half a year and its the best investment choice we ever could have made. This is not directional trading, the system is not trying to guess which way the market is going to move. That’s why most people end up loosing all there money within the first 60 days. This is a long term investment strategy for the Forex market that takes the guesswork and emotion out of trading. If you would like some more info feel free to contact us and we would be more than happy to share our experience with you. Best Regards, Yo amp; Jaime www.smartforexinvestor.com Alot of traders consider themselves better buyers or sellers of the market. The short side can make you alot of money! The psychology is simple. If it s weak then sell it! If you re uncomfortable with being short then trade the spreads. Trading in the Forex marketplace requires that you think a little differently than a normal investor. There is no real upside or downside. What you are seeing is actually the relationship between two different currencies. The price of the EUR/USD is actually the relationship or value of the Euro and the US dollar. This relationship is influenced buy a number of factors. Government policies or interaction, consumer sentiment, industrial activities, economic conditions within respective countries...even the weather can have an impact on the production of goods and thus the value of a countries currency. There are Forex strategies that are based on forecasting the future movement of a currency s price base on past performance. There are also strategies in which one currency pair is quot;hedgedquot; or balanced against another pair making it less important if an individual currency price were to move up or down. I would be happy to answer any additional questions which you may have. pupp52@yahoo.com

How can I trade Forex Market without losing? -

Well I will like to know you re doing this without losing a cent. you can t. you will risk money everyday. Don t beleive anyone that says otherwise. tba To get the right answers you have to ask the right questions. The question should be, quot;How can I trade Forex successfully?quot; Everyone who trades Forex successfully has had and will have a losing trades. In Forex, as in all trading in all markets, if you cannot deal with losing trades you will not make money. I wish you good fortune in your Forex trading. You could just use a demo account but they don t earn you anything either. I would suggest using a forex system such as quot;Forex Autopilotquot; to copy the success that other forex millionaires have already had. After using Forex Autopilot, I ve never made a bad trade in about 6 months which is pretty good going if you ask me. I found this system at http://www.fxsystemscompared.com/rev_for... Hope this helps? If you want to trade forex market without lossing then u want to invest some amount if you want get only profits,Now i am using a uatomated software which stops in loss and proceeds in profit.It is a like a robot.Just you need to set before starting trade in account then all robot do it for you.If want more details on my robot see my blog it s not possible , i don t trade my own but i let forex manaed account to trade for me , with them for more than 3 months , take a look It s possible, if you trade on a demo account, you ll never lose money, but you won t make money either. Hey! no how you will lose your money.But i will advise you to get forex trading tutorials is almost free on the net. To know more about forextrading Please feel free to visit http://learnmoreon.com/forextrading/ Hey! no how you will lose.

What is the best company to go with when trading Forex? -

i am just getting into the market and am looking for a little info/advice!!! The above posters are extremely myopic in their view of investments. Any investment can be risky. If you lost $100,000 in stocks/ETF and you lost $100,000 in 4X, which is riskier based on those figures? Both are equal. The questions you need to answer before you start investing are: 1) What is my income/return requirements? 2) What are my time horizons (when I d like to see returns)? 3) What is my risk tolerance level? When you define those 3 things, that will help you pick the type of investments you want to get into. For example, me: I want (1) maximum profitability in (2) the shortest amount of time and (3) I have a very high risk tolerance level (this is a very simplistic answer to the above 3 questions), therefore I trade the derivatives and 4X markets. Anyone that tells you to stick with ETF s or stocks have very low risk tolerance levels. That may be great for them, but if you have a higher risk tolerance level, it s not for you. Most people that trade stocks, etc., would not cut it in the derivatives or FX markets, they don t have what it takes. If they get freaked out at losing $2000 in stocks, they ll definitely lose it in the derivatives and FX markets. The reason the FX and derivatives markets carry more risk is because of the leverage involved. In stocks, you trade 1:1, or if you are leveraged, 2:1 max. In the derivatives markets, it depends on each individual contract, but about 40:1 leverage would be about right. In the FX (you can choose how much leverage you wish), you can have leverage of as little as 10:1 or as high as 400:1, depends on what you want to choose. The key is to define what kind of investments suit your personality, what is your trading style (are you a momentum, swing, day or position trader) and above all, LEARN, LEARN, LEARN. You never stop learning when it comes to trading. The moment you think you know it, be aware, that s when losses will set in. And most of all, don t let anyone else tell you what s a good investment or a risky investment. What may be a good/low risk investment for them, may not be for you. I have seen 2 different people trade the exact same methods - 1 loses money while the other one makes money. Why? Because that trading method suits the personality and trading style of one trader, but not the other one. Think for yourself and do what fits naturally with your style and personality. Just my 2 cents I would go with forex, but if your just getting into the market my advice to you would be to stay away from forex. This is one of the most riskiest investments you can make so be careful my advice is to start with some ETF s and Mutual funds then stocks and lastly Forex. Plenty of good advice on forex here. Forex isn t for amateurs. If you don t believe me, see what Cramer has to say about it. (He said he never lost so much money, so quickly, except for being robbed.) Forex investing is usually a bad idea. Most companies are not legitimate (I believe that offshore currency trading may violate CFTC rules). I d stay away from it.

Is it okay to trade Forex in America with a student visa? -

This coming fall, I will be going to college in America. I m not a U.S. citizen/resident, and so I d have to go with an F-1 student visa, meaning I can hardly work there. But I was wondering if I was allowed to trade in Forex or invest in stocks while I m there.. Is it legal? Because I mean, Forex is technically working internationally.. Please help! I d appreciate sources. The IRS requires banks, stockbrokers, casinos, etc. to report who they paid money to, above a certain amount ($10 to $1,200??) (e.g. interest, dividends, gambling winnings, etc.) via a Social Security or ITIN number. Without a verified number they must withhold some amount (20% to 35% ??) of any funds due you and send them to the IRS to cover any possible taxes due. In your case, you d get a ITIN (from www.irs.gov) to file with these companies and use it to file your US federal income tax form. Being a foreign national student may exempt you from actually having to pay US federal income tax or it may be a credit taken on your native country s tax system. But you ll still need a verified number before you can apply for an exemption or a foreign tax credit. Yes,you can..its legal Curious About The First Commercially Available Stock Trading \quot;Robot\quot; Which Earns $346.77 Per Week (Managing $1000 Capital). lt; http://firewind99.affstocks.hop.clickban... gt; Well i am not sure if that is possible, but you can contact this forex trading company in N.Y and ask them. They of course will be able to answer your question. Just email them or browse their web site to see if you can find the information.. Here is the link: http://www.fxcm.com/ Good Luck!!! Although you are living in the United States as a student, you may still be able to open an account with a company in the UK or other country, and you shouldn t run into any problems. You should definitely talk to the companies you may deal with. You will have to pay your own courtries taxes if you gain income, but that depends on your residence. In the US you receive a 1099 for gains made. You may check this guide from here: http://www.forextradinghelp.biz/getting_... for more information. You might want to check with an accountant or other professional to be sure, but there are brokers out there that are not US based, like www.ac-markets.com or www.moneyforex.com . But make sure that you do take care of appropriate taxes as appropriate to US laws or the laws of your home country. I m not sure. But If you do trade forex, be sure to open an account with a company that is licensed by the National Futures Association (NFA). This is the regulatory body in the United States, that makes sure the companies don t steal your money.

Is forex trading and currency trading the same thing? -

Please tell me a little about the differences, if they are different. thanks. The general meaning is the same. Forex trading means foreign exchange trading, which trade in and out of a cash market in foreign currencies made by large banks. This is pretty much the same as currency trading, except the fact that forex offerings investors more purchase options, like forward, futures, and options. Currency trading only involving buying and selling currency, and involves no hedging products It depends on (wether-a neutered sheep)whether you have any money or not,if you had,you would not be asking this question,so what is your point? yes, forex stands for foreign exchange, and this is exactly the same as currencies :) currencies can be traded in the futures market too, which is different from forex. Other than that, yes it s the same thing. Forex stands for foreign exchange; they are the same. It s the same thing. They are the same thing. Forex is the short for Foreign Exchange, the exchange rate of one currency to another. Check out more info at http://www.geocities.com/lcming/ForexFor... . it is the same... there r no differences in the 2 of them, they r the same Slightly used forex for sale... prefer us dollars low denominations non-sequential serial numbers both are the same

Is there a web site where we can access all comodities listed on Forex? -

Actually, you may be referring to Forex Futures which are listed on the same sites as other commodities. I have used http://www.optimusfutures.com/quotes.htm before. Most people here are talking about the Forex Spot Market which involves the trading of currency pairs. The prices are based on the relationship of the two respective currencies. Good luck. Paul Upp (925) 236-1839 http://www.barchart.com/ quot;Forexquot; refers to the cash foreign exchange, i.e. currency market. There are no commodities. Here is an excellent site with some wonderful options 4 U. Check it out…….. http://lnk.in/4sk8

Hello is any one familiar with The Forex foreign exchange market? -

would like to know if its a scam or if its lagit? Sure its legit. It has its place though and you darned sure better know what and why you are doing it. If I had news of a big Japanese earthquake (or the political earthquake of North Korea successfully testing a nuke), then shorting Yen would be a powerfully profitable move. If I were going to buy something big for my business from Germany and had the hint that the Euro weren t going to be getting any cheaper in relation to my dollars, that would be a place to look in order to nail down value. Otherwise, it is like taking candy from babies, babe. Good luck. Try the links in http://www.hot8sites.com/trading/ It is dominated by huge banks who have access to more information and flow intelligence than you have. It s incredibly difficult to make money. The brokerage firms are just trying to get you to trade in order to generate commissions. Stay away. it is fine, but you should not trade if you dont have experience

Where do I start trading FOREX? -

What website? Is FOREX just currency? errr and anything I m not smart enough to ask.... Thanks! I totally agree with Blanston. Freedomrocks has the best system for trading the forex. I started with $10,000.00 on 12th october 2006 and my account on 3rd december is $17,146.65 Blanston and 4xmoneytrain hit the nail on the head. The FreedomRocks trading system eliminates the guesswork. The company also just introduced a major player. The new broker is GFT (Global Forex Trading), and they are recognized highly among the Forex community. It s so awesome earning interest on 400 times my money. And don t say your not smart because before FreedomRocks I, and many others, hardly knew what Forex meant. And honestly I still know very little, however, I do know that this system makes money! If you want me to be your personal coach I would love to help. Feel free to call me anytime. Best Regards Chris Thomas 541-554-8140 www.simple4xinvesting.com You can try the answers above but I have found it at www.freedomrocks.com/19768. It is the right way to do forex believe me I have tried 4x made easy and premiere trade and they can not hold a candle to what this company offers as far as the product is concerned. Good luck in your search but you have found it here. PS this is not my site. But this very company has turned my 3000 into 6792 in 63 days for me. Yes it is real money. And it works just like they say. Hi, i suggest a great site with plenty of Issues related to your Investing and everything around it. it also provide clear and accurate answer to many common questions. http://investing.sitesled.com/ I am sure that you can get your answers in this website. Good Luck and Best Wishes! You can actually trade currency on FOREX.com. But some brokerage offer better flexibility and commission rates, such as interactivebrokers.com Try sncfx.com. They are very helpful and have a great platform.

How can I find a programmer to write a program using real-time streaming prices for forex analysis? -

I have designed a system for analysing and predicting the movements, under certain condictions, of forex prices of various currency pairs. The programmer who was writing this program for me has totally let me down, after receiving a large part of the payment for this job. I need a programmer who is very experienced in writing programs to interface with real-time forex price feeds. I would chech out http://www.elance.com or the MetaTrader forum at http://www.forexfactory.com Good luck If the program is an online website (or online database) I can do the job for you. I am very well experienced when it came to web development. Just drop me a message to get a quota.

I want to Learn about Forex Market? -

quot;Foreign Exchangequot; is the simultaneous buying of one currency and selling of another. I understand is a good business but I have no knowledge about it. I read books but could not understand the trick. Can someone put me through all the steps and tricks I need to trade in the forex market. Thanks. There is a wise way to look at trading foreign currencies. Learn how ordinary people can make extraordinary incomes with FREE ACCESS to a unique foreign currency trading system at http://www.homebusiness-opportunityseeke... The best thing you can do is to learn everything you can about Forex. Then you need to practice on a demo account before you commit real money to your trading. Hi there, Forex trading is a risky business, you can invest a lot of money in it and lose it all in one day or earn much more with the money. I advise you to visit this site because it has a list of articles to let you know more about forex and tips and strategies for improvement Cheers My advice is get informed the more informed you are on the subject the less risk involved. I found this site which seems to be pretty informative well newsletter wise. http://hpd.makemoneyonforex.com Like the saying goes, the devil is in the details. Talking is cheap. Doing is the hard part. Forex trading is really simple. Open an account, place a trade and hopefully make a profit. How to trade ? Easy ! look at the chart pattern, for example triangles, check the technical analysis book and see what it says. Normally, for triangle, it will extend on breakout the height of the triangle at the widest point. So you will have a exit point. Entry being the breakout point of the triangle. So, you have am entry and exit. Buy and sell point or Sell and buy points. Enter that into the program and watch how it goes ! You can trade triangles for a living. But of course life is not that simple but in esence that is what it is. Thats Forex Trading. What you need to learn is how to drive the Forex Ferrari, powered by leverage 200:1. That means you can bet $200,000 for every $1,000. Imagine the casino telling you, you can bet $200,000 on th ehouse for every $1,000 collateral. Meaning to say you have $200,000 but you can lose only $1,000. Wow ! but becasue the leverage is so big and the volatility is so high, $1,000 can go very fast. Imagine that if you had bet only with $1000, your loss is only $5. But because you are betting $200,000 or 200 times that. Your loss will also be multiplied 200 times. Meaning to say, 200 x $5 = $1,000 loss. So in one bet you could have loss $1,000 and game is over. BUT, if you win, you win 200 times. That means $1,000 profit. So your $1,000 have made $1,000. 100% profit !! If you had stuck with $1,000 per bet and $5 win /bet it will take you 200 bets. So now you have made $1,000 in 1 bet. Not 200 bets. And that must be all 200 wins with zero losses. You see now the beauty of leveraged Forex Trading ? The down side is limited to what you put in, and the profit so much faster. The catch is that you lose that $1,000 so much the faster. So to win in the forex game you will have to manage your winnings to losses with stop loss. When you win you must win 3 times or more of what your losses are. So if you fixed your stop loss to 30 to 50 points [0.0030 to 0.0050] your anticipate dwinnings per bet should be at least 100 to 150 points. So even of you win 50% of the time your winnings in $$ terms will still be ahead. Forex trading is risky but worth the risk once you excel in it. i would recommend you visit this site for more info regarding trading. you can download a free e-book which will show you everything you need to know about forex. if you register, you can even have a personal account service manager who will work closely with you and guide you on your first trading steps until you get familiar with it and get acquainted with the tricks. check it out. Hi, The technical steps to Forex trading are not difficult to learn at all. You ll be able to easily find information regarding this by doing a simple search on Google. What s difficult to learn about are the true dangers of Forex trading. Many Forex website attempt to share with you the risks of trading, but very few actually know what they re talking about. If you d like, you can download my free guide at http://www.forexsystemprofits.com to help you on your learning journey. Hope this helps. There are a lot of websites where you can learn about forex trading for free . My advice to you: Before you risk any real money, first learn how forex works and how to apply a profitable strategy or system, then and open a forex demo account to practice. PS. If you can t make any money with demo trading, you won t do either with real money. Just take your time.. Good luck. Easily the best site to learn about forex trading from is http://www.trademoney.com It has whole books there that you can read, videos, and other stuff to learn, and it is all free. great site. Good luck in your venture into this world of Forex.

What is the best Forex company, which provides low spreads, an easy program to work through it...? -

I want to know what is the best company which provides FX trading,,, I ve heared that there is alot of companies fooles alot of peoples, I want to know how does the big companies or the banks work in FX trading or through who? I want trusted broker or companies. and what about RealTrader company is it trusted? Most Forex brokers are lousy. Simply go to http://www.forextopten.com/forex-broker.... and http://www.forexpeacearmy.com/public/for... and check brokers reviews. Most of them have terrible feedback from their customers.

I an interested in Vantage Point for the forex market? -

I m a complete novice, could buying the software help make me money ? I work for a large national bank in foreign exchange trading. Individual investors do not generally invest in FX as the returns are highly risky and you can get similar returns with a low cost index fund with MUCH less risk. Most foreign exchange business is done by large corporations hedging their exposure to currency fluctuations. The only entity really making money in the deal are the traders. Traders quote an exchange rate a small amount higher than what they can get on the market. That small amount is their profit. Forex trading for consumers is a scam. The only person who makes money is the guy selling you the get rich quick scheme. i don t know the results from those who purchased Vantage Point for the forex market but i know the result of mtpredictor software.. 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. Please do not think that buying any software will make you rich! Softwares are only meant to provide you with data. It is you who have to go through the data, analyse it, so that you can reach an informed decision about what to trade and whether you should trade. If you think investing in software alone will make you rich from forex, I advise you to steer away. Most likely, you ll be worse off. To survive in forex, you not only need to invest in tools but also in yourself. You also have to be updated with the latest government policies and analyse the impact on the currencies. Perhaps, you should consider mutual funds first or at most stocks?

What is the most trusted,most profitable quot;forexquot; site on the net?? -

please check the below mentioned site and im using their service foe some time and they are good and transparent about their services when it comes to finding the most trusted forex site, i can best recommend this site to you. in fact, it is one of, if not, the leading forex platform today. you can always do a search on the net to verify that claim. one best thing with this site is, they will provide you a personal Account Service Manager (ASM), an expert forex trader himself who is tasked to guide, teach, advise and trade with you until you become familiar with their system and is always around to answer all your technical questions. for a set minimum deposit you can start trading immediately and you can use your Credit Card to fund your account which is a lot convenient for you. they can even set your Stop Loss rates so that you can earn unlimited gains but not lose more than your authorized amount. more of these features are available at the site for your assesment. start by registering to download a Free Ebook for your further reading. I find Easy Forex good. Simple to start and they provide you with everything. Only need $100 to start. 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 Check this out http://automaticforextrading.blogspot.co... check out this site ... https://profitablecapital.com have u heard of www.fxcapitalfund.com ?

How to buy USD and sell EUR in FOREX, while the account is in USD?!!? -

If USD is going up against EUR, then you choose to Sell EUR -- Buy USD... How this is possible while your account is in USD?!!! How can you buy USD with USD or Sell EUR while all you have is in USD?!!! Please clarify to me as I don t want to enter FOREX before understanding it properly... Thanks You don t have USD100,000 nor EUR 64,900. It s magic happening inside your dealer s computers. Think of it this way. You re not buying or selling anything. The dealer is. The dealer sells EUR64,900 from his bank euro account and gets USD100,000 which he holds in his bank dollar account and doesn t put in your account. He is doing this on your behalf, so you are responsible for and losses and get and profits. The money in your account stays put and is the insurance for the dealer that you can cover the losses. Lets say you order the dealer to unwind the position. He sells the USD100,000 that he has been holding and gets EUR65,670. That s EUR770 more than you were short, so that s your profit. NOW, here is the only time your account being is USD makes any difference. The dealer converts the EUR770 profit to USD500 and credits your account. If the price had moved the other way, you would have a loss of EUR770 and the dealer would have done the same conversion and charged your account for a USD500 loss. Or you can forget the whole thing and think of it as a bet on which way the EUR/USD rate is going and leave the details to the dealer. If you are really interested in forex trading you might as well check out your options in this site. First, register to get a free Ebook. You must read and learn all you need to learn from the book. Being a beginner, you need to really exhaust all means to learn forex trading. You can even get a Free Demo account so you can practice virtual trading before you get in to the actual business itself. The best part in this site is, if you wish to trade with them, they will provide you a personal Account Service Manager with whom you can talk live via phone, email or chat and is always available to answer all queries and technical questions. He/she will even trade with you until you become familiar with the system and you can then trade on your own. Well if you feel EUR will rise against the USD and you buy EUR/USD its more like converting your USD into EUR. Your Broker will take care of it, you don t have to worry. So if you feel EUR will appreiiate against USD you buy EUR/USD and when you feel it has appreciated enough you sell it. Look at http://www.babypips.com/ Check trading forex online website like http://tradingforexonline.info/ . It pretty much depends on how large is your account. If you talking something in the region of a million USD, you can call private banking in most of the big banks and they will open the facility for you. Generally, forex trading is one of the highest risk in the private banking business. The most simple ways of forex is that you will show them your funds; says you have a million (they actually call it one dollar). Then you open USD account placing the one dollar deposit with them, which they will quote interest rate for you. Then, as you want to do the forex say EUR, they usually will set up a facility or creditline for you. Usually, it s ten times the amount you have (but it could be five for the beginning period). They will then open another EUR account for you. For one US then, you get 10 US line to play with. You can; After placing 1 US, borrow 10 US and convert to EUR and place deposit with them in EUR, using you initial 1 US as collacteral. What you gain is the interest earning from 1 US, and 10 US equivalent in EUR interest. What you pay for is the loan of 10 US on the lending rates (which is generally higher than depositing rates). Now, they will revisit your account every two weeks time. If the EUR is stronger during the period you gain money, but if it s weaker and you re holding EUR against US, they will force you to sell the weakening amount against your deposit (that is if you buy the whole 10 US converting to EUR). Now, you can call them anytime and square yourself out if you think you already make enough profit, or what to cut down on you losses in case the rates change either way. If you re talking on the amount of less then 10,000, you might as well go to the money changer and convert you banknote to EUR. Some people do that, but the exchange rate gap is quite large, and besides you re risking fake notes if you re not expert on detecting notes. (Safe side you could be converting with Banks, but the rates aren t competitive with money changer.) I m in forex and money transfer for ten years and I think this is highest risk possible in investments. But, if you have large amount without any engagement and can hold funds in any currency for a lenghty period, it might worth a try. My suggestion is don t do it more than your original funds, otherwise you may lose them all. Good luck.

Can I put Capital Loss in Forex trading on Tax Return? -

So this year I tried www.fxcm.com Forex trading and lost $1300. I was wondering if I can somehow put this on my tax return as capital loss and where I would put such an item. You can put on your tax return, but only to offset the capital gains on another forex/securities related trade. The obvious place to put it is on schedule D as short term losses. These follow irc 988 unless you previously elected to follow 1256. yes you can , same as if you made profits. no Yes you can. It may not be legal but you can do it. Good Luck

A question about trading on margin in forex? -

Ok, I have one simple question about forex trading on margin... If I deposit $1000 to say....and I lose it and my leverage falls from 50,000 to 40,000..does this mean that I will owe 10 000 to the broker? :) Or I cannot lose more money than the money I have deposited...meaning in the particular case-1000? Thanks alot! Hi, In Margin trading the only amount at risk is the amount you have invested , there is no leverage in your risk because leverage is only for trading in your forex account . The forex firm you will be trading with will keep an eye on your positions, they will inform you about your account status if it is in a critical condition , which in technical terms mean informing the Margin Call. Sometimes it happens that due to market volatility your margin trading account might go into negative and in this case it mainly depends on whose fault it is(this situation is rare is the account is monitored properly by the forex firm you are trading with) For any further query please feel free to contact me at ttabrezs@yahoo.com Sayed R. Tabrez Century Financial Brokers (Dubai) I found some good info here. Believe me, If your account drops below your margin requirement, usually 1/2 your account equity, your broker will issue you a margin call and your position will be closed automatically. Remember not to overtrade and this will not be a problem. (ie. do not open a lot size larger than 5% of your account balance.) You wont gain as much money but you wont get margin called either unless you get stuck on the wrong side of a hyper trend. I allow my account to float (some open losing positions)sometimes if I picked the wrong entry point but only if I am on the positive side of the daily interest. Then when the price has finished going the wrong direction I open another trade in the same direction and ride it back up. This gives me an overall lower blended price and shortens the time back to profitability. (not to mention I get to enjoy the daily interest). NOTE: I dont recommend this for really small accounts. Remember the 5% Rule--some would even argue 2%. The market ranges most of the time so it always comes back around to positive within a week or at the most extreme two weeks. The key as I stated before is not to buy too large of a lot size. It also helps to turn down your margin leverage if you are planning to do a longer term carry trade.

Does anyone have information about the Forex? -

would anyone like to share info about the forex ? or does anyone know about premiere trade Ai? The bottom links provide excellent info on forex trading because all of these reflect the writers personall experiences. They provide links regarding an intro on forex trading, forex trading tips and ways to succeed, avoiding fraud in forex, strategies related to trading and also a day in the life of a trader article which relates to the writers personal trading experiences. Apart from the personal articles, this website also updates about the important happenings in foreign exchange (both major and exotic currencies and data), the worlds financial markets and economic conditions. They also look at the main decisions of the worlds central banks such as the US. Federal Reserve, Bank of Japan and the Reserve Bank of Australia. This is the same answer I gave to a similar question. The FOREX market is mostly for trading, not investing. The risk is the same as in the stock market...by itself, of course, the risk in FOREX is larger because of the leverage, but if you apply money management, and have a positioning strategy that risk can be highly minimized. I cannot give a scale because every person has a different risk aversion. quot;The chartsquot; or technical analysis, does take some time to learn, but the charts and the indicators are exactly the same in stocks, so it does not require any special knowledge. An individual can easily trade FOREX IF they apply proper money management and size positionig strategies. Because the FOREX is a 24 hour, 6 day a week market, there are plenty of profit taking opportunities. If you have any further questions, contact me through my profile. http://www.best-stock-trading-systems.co... Hey Juan, I m very familiar with Premiere trade and my best advice for you is DO NOT spend a couple thousand dollars for any Forex software program no matter how good they tell you it is. If your looking for a simple and easy system that takes the guesswork out of trading and does 95% of the work for you check out www.smartforexinvestor.com. If you have any questions feel free to call or email me anytime. To Your Success! Yo Fujikawa Ph: 1-800-670-2683 www.smartforexinvestor.com

How do I pay income tax on ForEx earnings? -

I am doing normal daily trading of EUR/USD, trades lasting a few hours on average. I am not sure if this is considered futures or securities and I therefore don t know how to pay taxes on it. NOTE: quot;Forex Taxesquot; are applies to U.S. traders only. Foreign investors that are not residents or citizens of the United States of America do not have to pay any taxes on foreign exchange profits! Forex Trading Taxation - Definition and Overview: ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,... More and more investors from all over the world are accessing the largest financial markets online through their personal computers. As demand surges for foreign exchange trading, more and more U.S. Traders have to deal with taxation issues at the end of the year. Forex: Taxed as Futures or Cash? Currency traders involved in the forex spot (cash) market, can choose to be taxed under the same tax rules as regular commodities [IRC (Internal Revenue Code) Section 1256 contracts] or under the special rules of IRC Section 988 (Treatment of Certain Foreign Currency Transactions). IRC 988 applies to cash forex unless the trader elects to opt out. The Advantage of Section 1256 for Currency Traders Under Section 1256, forex traders can have a significant advantage over stock traders. By reporting capital gains on IRS Form 6781 (Gains and Losses from Section 1256 Contracts and Straddles), forex traders are allowed to split their capital gains on Schedule D using a 60% / 40% split. This means that 60% of the capital gains are taxed at the lower, long-term capital gains rate (currently 15%) and the remaining 40% at the ordinary or short-term capital gains rate, which depends on the tax bracket the trader falls under (as high as 35%). This results in an average rate of 23%, which is 12% less than the regular (short-term) rate. If cash forex is subject to the Section 988 rules, how can a trader elect the more beneficial Section 1256 split? Please read on to find out more. To Opt Out or Not to Opt Out of Section 988 !! Companies that profit from the fluctuation in foreign exchange rates as part of their normal course of business, fall under Section 988. This means their gains and losses from foreign exchange (such as buying and selling of foreign goods) are treated as interest income or expense and get taxed accordingly. Consequently, they do not receive the beneficial 60/40 split. Since forex traders are also exposed to daily exchange rate fluctuations, their trading activity falls under the provisions of Section 988 too - but don t worry. The IRS wants to be nice to you (so far). Because these daily fluctuations can be considered part of a currency trader s assets in the normal course of his business, the IRS gives the trader the option of rejecting (opting out) of Section 988 and electing that the gains be taxed under the favorable 60/40 split of Section 1256. What do you have to do to opt out of Section 988? Even though you don t have to file anything with the IRS to opt out, you are required to do so quot;internallyquot; before starting to trade; i.e., you must keep records in your own books about the fact that you are opting out of Section 988. Many currency traders bend the rules by waiting after the year is over to see if they have any gains from their trading activities. If they do, they claim that they elected out of IRC 988 to enjoy the beneficial Section 1256 treatment. On the other hand, if the sum of the trades from cash forex is not positive, they stick with the traditional Section 988. Since (under the current tax law) it becomes very difficult to disprove whether the trader made the election at the beginning or at the end of the year, IRS has not yet begun to crack down on this activity. What does a Forex Trader do When Tax Time Comes? Forex traders should receive 1099 forms from their US-based broker at the end of the year like stock and futures traders do. No matter in what country your forex broker is based or what tax-related reports they provide, you could pull up reports online from your accounts and seek the help of a tax professional. No matter what you decide to do, don t fall into the temptation of lumping your trades with your section 1256 activity (if any). Forex transactions need to be separated into Section 988 reporting. Given the fact that the forex market is one of the fastest-growing financial markets around, it might eventually come under closer IRS regulation. In the meantime, traders continue to enjoy tax advantages by trading foreign currencies. ...To find out More how You can Become a Profitable Trader on a Consistent Basis, Please Visit Here: http://www.urlpire.com/?MALFY - You Will Learn Valuable Ways and Tips to help You Make Money Trading the Forex Market !! Forex spot and forward contracts are IRC 988 foreign currency transactions. They are reported in summary form as ordinary gains or losses on line 21 of Form 1040 (Other Income or Loss). A trader or investor may elect out of IRC 988 for the more tax beneficial IRC 1256 with 60/40 tax treatment. Currency futures and options listed on U.S. commodities and futures exchanges are by default treated as 1256 contracts. They are reported on Form 6781, where they are split 60/40 before being moved over to Schedule D. Capital loss limitations of $3,000 per year apply. http://www.greencompany.com/EducationCen... There is a lot of good information on http://www.profitingfromforex.com. There is an income tax section which will help in your claim.

Is it possible to to trading (stocks, forex, etc.) on an LG dare cell phone? -

I m thinking about buying an LG Dare, mainly for it s decent internet browser, but I wonder if it s capable of doing trading similar to the BlackBerry it has a full html browser allowing you to do most of anything that you can on a computer browser. just a little harder to navigate. for more info on the dare go to http://lgdareboards.com it all depends on the amount of quot;hard drivequot; and software capabilities on the phone,, you can go to Verizon store and ask them,, their display phones in some stores are set up to get on the internet.. try it out first before you buy...

What is forex automoney actually work? -

Anyone know about forex automonay? Is it scam? If someone joined, please describe what is forex automoney actually work? Join as trial membership, then pay real membership fee per month after trial, is it.....????. I used to be skeptical on the autopilot approach to forex. But lately there are many sophisticated software systems that came out and I have to say I am impressed. So far I have paper traded on 3 of these software and they are giving good results. In fact, I m been trading on Forex Killer and I have made some money since I started. I don t know about automoney but I tend to be less keen on memberships. I would rather generate my own figures. The beauty about this is new comers can now trade reasonably well without having to go through all the learning process like we did in the old days. check your options in this site instead. this is a very legitimate, reliable site being considered one of the leaders in forex trading. they don t provide robotic signallers or tippers, instead, they will provide a real, live person expert in forex trading to guide you, teach you all you need to know and even trade with you until you get familiar with their trading system. Of course it s a scam. I looked at their web site. They do not identify themselves. They do not include the NFA and CFTC required disclosures. The claims are totally unrealistic. If this really worked, why are they offerring to sell it to you for 4.95? Never used it, but you can try to read reviews on it on review websites like http://www.forextopten.com/ or http://www.topforexeducation.com/

Should I buy Forex Killer or Forex Autoilot? -

Which Forex of these two forex training programs looks better to you? Please help me choose between them. Forex Killer: http://forextrainingreviews.com/forexkil... Or Forex Autopilot: http://forextrainingreviews.com/forexaut... P.s. I have narrowed my search down to these two and am not looking for information about other forex programs. Thanks. ok I found a website that is reviewing 3 expert advisors. I purchased the one that they recommended as #1 which is Forex Auto Pilot. So far I have made about 400 pips! They give you links to the websites that have live trading statements, most trading systems that I have found only had back tests. I would stay away from any system that can t back it up with results from trading on real money. The website is expert-advisors.com Happy Trading sgy7adsf2w Forex Autopilot seems better considering the reviews it s been getting. http://www.forextopten.com/forexautopilo...

When the Forex market open each day in every major country? -

In stockmarket they open from 9am to 3pm, each day, it means 6 hours. 10 pts. for good or detailed answer The following schedule is based on Eastern Standard Time (GMT-5). Forex market opens at 19:00 between Sunday and Thursday. Then at 21:00, Singapore and Hong Kong open. Between Sunday and Friday, European markets opens in Frankfurt at 2:00am. Then London opens at 3:00am. When Asian shift is almost finished, European markets are in full throttle at 16:00. At 7:00, European markets are almost finished. At 8:00, US market opens in New York. At 9:00am, New York Stock Exchange opens. At 17:00, Australia opens. Forex market operates globally 24 hours a day, starting from the far east, in New Zealand (Wellington), passing the time zones in Sydney, Tokyo, Hong Kong, Singapore, Moscow, Frankfurt-on-Main, London, then finishing the day in New York and Los Angeles. Good question deserves a good answer. Click here for the Forex Trading Time Chart. http://www.geocities.com/lcming/ForexFor...

What is a realistic result from a month of forex trading with a real company? -

If I was to put in $1000 into a forex trading company, what is the realistic result I would get from that in one month period? The Forex market is an excellent way to make money. What people do not realize is that there are three types of investors: Short-term, mid-term, and long-term. I myself am a short term investor, since that is the fastest way to get paid, making money on the little movements on the market. The only thing though is that you must watch the market like a hawk. It is a job, just like any other job, but it is a cool job. In order to really make money in the forex market, and enjoy life at the same time is to buy a laptop computer, go to Starbucks, or some coffee shop that has pretty girls walking by, (for motivation) and WORK!!!!! Watch every little movement on every pair. If you want to invest short term, have a small goal. I trade on www.forex.com where you can trade on 200:1 margin. Now, you said you have $1000 to invest, that means you can trade 200,000 USD. What you do is you buy 5 lots and try to earn 10 pips on it. Do this every day for 5 weeks and you now have $2000. In five weeks your investment will compound. Also, study the concept of Japanese candlesticks. You need to be an expert on how the Japanese canlesticks work. Here is that website for you. My e-mail address is ej105@hotmail.com if you have any questions. I will look forward to meeting you on the top of the ladder of success!!!!!!! It depends. Really depends. Say you have $1000 and you open a mini account. Say every loss you limit it to $50 or 50ptsfor 1 lot. Say you have a string of bad lucks. 20 bad lucks that is $1000 gone. How long does it take. From within a day to a month. How long does it take to make 20 trades ? If you want to even within an hour. AND that is just 1 lot we are talking about and limit loss of $50. SO! To make any money your win/loss ratio must be better than 50/50. AND ! the win$/loss$ ratio must be better than 50/50. Use an excel sheet and work out the various permutation. Almost no money left....Forex is very risky and you shouldn t be in it unless you have had years of investing experience, understand the markets and can constantly monitor the markets and what is happening in the world. You don t put in an order and go to work and check your prices the next day...it would be a recipe for disaster Hi Richard, I have what I think is a great trading system for you. Unfortunately this system comes with so many problems that you probably won t be interested in it.... First, you don t ever have any losing days with this system and we never use stops so there are no losing trades. Second, you don t use any charts and I know how much most folks love charts....as much as I used to love them. Third, it only takes 30 minutes a week to trade. I know that you guys devote your lives to trading so this system quot;just won t do it.quot; Fourth, it only makes about 20% a month in profit so it can double your money every 3 or 4 months. Fifth, it s not a directional trading system so it makes money in all markets whether the price goes up or down. I was going to tell you about it but because it has all these problems, I won t bother you with it. I m sure you wouldn t pay any attention to it even if you knew about it. Paul Upp http://www.15daytrial.com