Hello i want to find an automated forex scalping system and an automated options on stocks system. Can someone help?
I have never heard of any automated system that actually worked. There are a lot of people who will try to sell you a bunch of expensive software packages of question value however. Be careful.
I would like to see yahoo messenger having forex chart streaming and tickers as well as utilizing the yahoo "Alerts" as news alert that would be a perfect combination for forex investors.
I am not sure since I think Yahoo focusses more on Stocks. If you want find more on forex and related charts, you can visit -
http://the-forex-trading.blogspot.com
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!!!!!!!
You would show a $5,000 gain and a $3,000 loss = a $2,000 taxable gain.
http://www.forextopten.com/ (good reviews and articles)
http://www.freeforexebook.org/ (free ebook) http://www.topforexeducation.com/ (trading systems and courses)
Good luck.
Please note, that I do NOT believe in the validity of astrology
itself.
Nonetheless, human beings are superstitious beings and
every year that goes by, not only does "New Age Mysticism" become increasingly popular, BUT ALSO more and more investors are putting their faith in astrological analysis of the markets!
Surely this should be a very dangerous way to risk your finances. Nonetheless, astrology seems to actually WORK when it comes to investing, according to all reports. How so?
Consider that, as the markets are nothing more and nothing less than a direct reflection of the mass human psyche (of all participating traders) then might not astrological predictions be increasingly reliable tools for the savvy investor to pay attention to? Simply because of the increasing mass of investors using astrology, the market ends up reflecting the resulting trends?
In this limited sense perhaps, astrology IS for real – maybe I'll be buying a good astrology program soon..?!?
You could probably make a lot of money selling stock advice to people that is based on astrology. Just make your stock picks by throwing a dart at a stock table on the wall, then make up some astrological mumbo jumbo to make the customers happy.
Is forex trading worthwhile as a second income generator?
Well you could take courses on US and World economics, read some financial economies books and/or know when and the fundamental news that affects price swings are reported. Stay clear during these volatile times because they can take out your stop in a heartbeat and a few beats later go back the other way. And remember that the news could already be mostly priced into the current price.
http://www.forex.com/learn.html
Link will answer many questions and answers you should know. I have 3 accounts (never put all your money/eggs in one account/basket). You can start with $500 when you can afford to open account. Since you are just starting you will lose money if you don't learn the basics, first. #1 best tip, don't trade your real money until you try trading demo account. When you can trade a demo for about 2-3months daily and make money then if you feel ready slowly start trading real money. So making and/or losing money depends on how well you can trade. For some it very profitable, for many it is not. So trading with the right tools and knowledge can become a very good income(s) for short and long term goals. And trade with the current trend.
I use Lightning Strikes Trading System for trading in any time frame and it works on forex, stocks, bonds, etf's, mutual funds, etc… They have 3 free training sessions a week and you don't have to buy the software to join in the live chat and text. They focus their training/trading on the Forex markets major currencies. You can even watch some recorded past live sessions. Here are some past charts that I used.
http://f1.grp.yahoofs.com/v1/MB16R0zjjaZ…
http://f1.grp.yahoofs.com/v1/MB16RxjOUQt…
There are 7 indicators (2 short, 2 medium, and 3 long term) and if volume is reported another one is added (on balance volume). Plus whatever time-frame is used the 2 green horizontal lines are the support and resistance for that time frame. So when indicators are all touching the bottom price is at or very, very near support. At top is at or very, very near resistance. Which helps my entry/exits and risk/reward ratio.
http://f1.grp.yahoofs.com/v1/MB16R9Wv-wt…
http://f1.grp.yahoofs.com/v1/MB16R9wSKdV…
http://f1.grp.yahoofs.com/v1/QCt6R2fYIj6…
http://f1.grp.yahoofs.com/v1/QCt6R3R0VQe…
If you can not view charts above or want to see other charts, I can email them.
Start learning the basics of fundamentals and technical analysis so you will be more informed in your investments. You can find all the basic info you need to learn on websites for free.
This site should give you a good start.
http://finance.yahoo.com/education
Try what you learn on demo sites. They can be a very fun but educational way to learn from mistakes. If you pick 75% right with play money then you might be ready to start slowly investing.
http://simulator.investopedia.com/
http://simulator.zacks.com/
http://www.fxcm.com/open-free-100k.jsp
http://www.alpari-idc.com/en/metatrader4…
Or just google for more.
Here are my favorite sites.
http://stockcharts.com/
Has basically all you need from fundamental to technical terms. Plus stock screens, charts, public chart lists, and much more useful info.
https://www.fidelity.com/
Has good learning resources.
http://moneycentral.msn.com/home.asp
In addition to yahoo finance.
http://www.reuters.com/
For news and more.
http://www.marketwatch.com/default.aspx
For news and more.
http://www.valueprime.com/index.php
For rating stock risk/reward ratio and reports.
http://www.barchart.com/
For investing in more than stocks.
http://www.investopedia.com/
For more great learning tools.
http://www.lightninglive.com/
For best software timing your entry/exits any time frame for day traders and long term investors.
Others worth exploring.
http://www.equis.com/
http://www.stockta.com/
http://www.secform4.com/
Best Wishes,
Burt Whitley