The Forex Trading Blog

Keep you up to date on Forex Trading

  • META

  • Trading Solutions Free Demo!

    1. where to find a forex broker with min trade size of 1000 in forex ??? 1 lot = 1000 ( not 10,000 )

    2. Can deposit money from singapore ( not VISA Card or Paypal )

    thank you

    i think this will be good for you .

    http://www.avafx.com/

    http://www.avafx.com/forex-promotions/new-account-bonus/

    http://www.babypips.com/school/the_skinny_on_forex.html

    Can deposit money from singapore ( using western union )
    1. is in SINGAPORE POST (singapore )

    My web page

    http://homecareers7777.goo-board.com/index.htm

    http://groups.google.com/group/homecareers7777

    August 31st, 2008 by admin

    does U.S play the game ,by determining the currency rates,according to the changes happening their?interested in taking up currency trading as a profession?how far will it be successful?need help from experieced people to goahead.can i learn enough from the softwares they sell,?if so which would be the best paid software ???????need some positive feedback,to boost up my confidence.

    The US $ was till about 6 to 8 years back the currency that was univesally traded. But now the Euro has become equally important. I suggest that u take a job with a a Forex trading firm to learn the ropes. Hands on training is the best.

    I don't want to leave the trading to those managed accounts done by others.

    In the past if you want to trade forex yourself then you'll have to learn all the basics and try them out until you are good. Learn to use charts etc.

    Today, there are many forex autopilot programs that make it possible for a beginner to cut short the whole process in forex trading. They seem unbelievable but have sold out quickly and many people have indeed reported some success using them.

    I am taking a career in investment banking. My husband trade options and stocks pretty frequently. His trades can be as short as a few days to a couple months, rarely longer than a year. I learn that there is restrictions on trading securities if the spouse works full time in the bank, for example, approval needed from the bank before entering the trade, and no closing of each trade before 30 days. Do you know if that apply for forex trading as well? I am not sure if that means he needs to stop trading completely, or he can trade forex, etc.

    I am not an expert on this subject, but it is my understanding that the rule applies only to companies for which "material" information and "non-public" information is available to the employee. In such a case a spouse can not trade the security involved.

    August 31st, 2008 by admin

    im 23yrs old and ive been day trading for a little over a year now i really enjoy what i do. and hopefully can become a porfessional one day. but ive been hearing alot of stuff on forex trading and wanted to know if its a good idea to learn how and do it. and if the risks are greater than trading stocks

    Forex is a highly liquid market, yes. It is also a very fast-moving market that is conducive to day-trading. However, it's a pretty complicated market to understand, there are a lot of crooks out there, and trading is often done on leverage, which means that a few mistakes can cause you to lose much more than you wagered originally even if you use stops.

    I've heard you can make good money in forex, but I would strongly suggest getting very educated about it before getting involved.

    I am in search of a good mobile trading platform to trade using my blackberry curve.

    I believe most brokers that offer MT4( Metatrader 4) have some sort of mobile trading software. IBFX, FXDD, North Finance, etc…

    But I wouldn't advise picking a broker from the point of their mobile software. Check the whole company out first.

    August 31st, 2008 by admin


    Hi Jenny,

    E-books are okay but I may be able to go one step better for you. How about a personal mentor ….for free.

    You will learn the fundamentals of the Forex market and how to participate without losing all your money. You will be taught how to set up and use a free demo account from the broker of your choice. And you will be taught a conservative Forex investment strategy that my clients are using to generate consistent, conservative profits as part of a long term investment strategy.

    Oh yeah and the best part is that you can have this with no cost, no risk and no obligation. Just some free education.

    I only take on two students a week, so why not you?

    Paul
    pupp52@yahoo.com

    August 31st, 2008 by admin

    As a complete newbie with a budget of about $1000 what would be the easiest way to learn? From what I understand it's almost 100% automated and there is no real human interaction involved. What do you suggest? I just want to get my feet wet and know that there is potential loss involved with any kind of trading.

    Thanks in advance,
    Mark

    Hi there,

    There are number of ways you can actually enter into Forex market. Managed accounts or expert advisers are quite good for who those who doesn’t have time or whose capital or investment is quite high as they charge high commission.

    The basic steps are:
    1. Acquire knowledge and concepts.
    2. Invest a small amount initially.
    3. Gain confidence with profit and encouragement from loss
    4. Gradually increase your investment.
    5. Learn more on technical tools and indicators and apply them on trades
    6. Keep your self updated with market conditions and world economy.
    7. Choose a good broker.

    I am trading since many years with finexo and found it very good and efficient for small traders like us. I can just suggest your to google all the brokers first and then make a decision.

    August 31st, 2008 by admin


    Forex is exciting, and with the right guidance and a bit of luck you can earn 500%, 600%, even 2000% returns. But Forex is not for everyone. If you prefer the penny slots to the high roller tables, then the high-stakes world of Forex trading is probably not for you. Forex is best traded with money you have allocated as risk capital — money you don't need for day to day expenses.

    Five Key Factors that Move the Forex Markets:
    •Interest Rates
    •Economic Growth
    •Geo- Politics
    •Trade and Capital Flows
    •Merger and Acquisition Activity

    Here is a very good URL site that explains a lot more in depth about How real and How profitable FOREX Trading really is.

    http://www.investopedia.com/articles/forex/

    I hope this places some better understanding about FOREX Trading.

    P.S. here are a few FOREX BROKERAGE company URL sites you can look at also, that has information about FOREX Trading.

    http://www.gftforex.com/

    http://www.fxcm.com/

    Enjoy your day and good luck with your investing,

    TS

    I heard there are forex traders who manage accounts out there who constantly make around 50% and more per month.
    Who can refer any to me?

    I am a little shy of what you require.

    My account was up 41% last month, and 40% the month before. But this month I am down 16%.

    It is easy enough to prove, and/or check out. Sure there are scammers, but they don't hold up under scrutiny. It just takes a little "common sense" to know how. People without regard for truth will never be convinced, but they seem to be the most vocally ignorant.