What is Forex Trading? And how would one do this? -

I have about 10,000 dollars to invest. Is this enough? After having 10 years or more of trading using quot;technical Analysisquot; and have a very strong quot;money managementquot; system for losses, you may want to consider FX trading. If you insist on getting into it sooner.... take at least a year to read 5 - 10 books on the subject including the psychology of trading (which makes up 80% of your success). As you may know, experianced investors fail at Forex trading at a rate higher than 96%. Be careful. Learn amp; be disaplined. Forex trading is very risky. I dont know your age, but if you want to keep your $10,000, I suggest considering a different investment vehicle. Why don t you look long-term with ETF s or a DRIP Plan. You can open an free Marketiva forex \gold\fund\indexs online trading account , with $5 reward and $20000 virtrual fund for practice .Just click the following link to open an account. http://www-forex.spaces.live.com 10,000 is more than enough to get started with your Forex trading. I took a course called Forex Power Strategy Course last year. I started out with only 1000.00 because that s all I wanted to risk until I knew what I was doing. My balance has grown by 7400.00 in the last 2 1/2 months. I don t trade a lot, because I don t have a lot of time to spend on it. But I have learned when the reports come out that you need to judge the market. I started out as a newbie, but due to the course that I took,(which showed me a way to make money on every trade, no matter what) I am confident in my trading ability. If you re interested, the course that I took can be found at http://www.urhomemoneymaker.com 10K is enough. FX trading is trading currency pairs. You basically are long one currency and short the other one. For example, if you think that the Yen is going up and the dollar is falling you would buy a yen/dollar trade or call. You can buy and sell options on them. FX is pretty volatile, so it s not really investing, more alongst the lines of speculating. If you want to speculate, options on commodities might be better play on 10K. I had the same problem as you have. I had a good amount of money, but didn t knew where to invest it. So I looked around for something that gave me a great return towards a low risk. And the only thing I could find was a mannaged account. Here you can follow up my results of every day: http://my-robottrader.blogspot.com/ I m verry excited because I already have 51% ROI in Two months time. My moneymannager is giving me great support, and answer all of my questions almost immediatly. Annyway feel free to contact me (adress on my blog) and I ll bring you in direct contact with my money mannager. Forex is known as Foreign Exchange and also Currency Trading. People trade with their money by buying or selling different currencies. For example: Let’s say that USD is going upward against the EURO so people buy dollars and sell EURO to make some profit with the difference between the the BUY and SELL. The Currency Trading (FOREX) market is the biggest and fastest growing market on earth. Its daily turnover is more than 2.5 trillion dollars. The participants in this market are banks, organizations, investors and private individuals. The market is very volatile which means it is constantly moving depending on many things such as the economy of the country, politics etc. …The trick is, buy cheap and sell for more. The profit potential comes from the fluctuations (changes) in the currency exchange market. Register to this site and get a Free Forex E-book for you to read and learn more.