Saturday, August 11, 2007

Can someone pse introduce me to any site or mentor that would volunteer training on Forex trading? -

Bsmtprediction provides users with FREE access to daily AUD/USD, EUR/GBP, GBP/USD, EUR/USD, NZD/USD, USD/CAD, USD/CHF amp; USD/JPY 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 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 was published.. Go and download this free program and get a great education also.. You can aslo read more about Aden Rusfeldt http://www.tutorhelp.com.au/currency.htm... It is really a holistic process and requires a lot of patience. My mentor did not teach me how to trade until I worked on my mindset, perception of money and wealth etc. I took life-coaching classes for 6 months and worked on quot;mindset,quot; for 8 months before he even started showing me the ins and outs of technical analysis, forex trading, commodities and equities trading. 80% of investing and trading is based on one s psychology. Take a class at tradingacademy.com first, it s hands on training. They allow you to practice with their money, until you can prove to yourself that you can make consistent profit in class. At that point you can start usinig your money If you are wanting to invest in the forex market now I suggest an investment club I invest with other investors and normally we see a 5.3% return per month Through newsletter on a weekly basis member of the investment club are told what was traded and why as in was it because of charts was it based on news on the economy of this or another country was it because of an impending war or action ...By getting these weekly newsletters you start to develop a sense of what is taking place and how you should proceed with your investments your self . It is recommended that you open a account after one year and start trading yourself but if you prefer a club that is fine too. If you need more information write to me at billone44@yahoo.com Hi Chris, Let me start off by directing you to babypips.com they have a very good style and content on introducing you to the basics of the Forex market and the mechanics involved in participating in this exciting marketplace. The other thing you may want to do is open a demo account with a broker or two. These accounts are free and allow you to actually trade using quot;virtual dollarsquot;. This is a great way to get some real time exposure. My clients and I use Interbank FX and GFT but you can use any broker that you like. The other thing you want to do is to decide what type of Forex participant you want to be. Do you want to sit in front of the computer studying market movements all day. Do you wnat to only roll-up your sleeves when economic news is released and the market goes wild. Or do you want to learn how to utilize more conservative hedging strategies and make Forex a key element of a long term investment strategy. I would be happy to exchange a couple of ideas with you. May all your guesses be good ones. Paul

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