I want to start trading on the TSX or Forex to make some extra money I have $1500 and I'd like to start but I'm complete newb

You need to learn a lot on how forex operates before you invest

First you need to know how the industry operates,

know which strategies r the best to use,

practice on demo accounts

find a good broker

n then invest

If you are a newbie. I recommend this site for highly informational guides, articles and ebooks for free

http://forex-trading4you.blogspot.com/

I've traded options before with US stocks and I understand that if I buy 1 contract for 100 shares priced at $.50 they are going to charge me $50 plus commission. Is that basically the same for forex? For example, I was looking at options on CME for EUR. One contract covers 125,000 of Euros. If I buy one contract at a price of .0010 do they charge my account $125 plus commission? Is that the most that I can lose on that position or am I somehow leveraged 50:1 like a regular forex trade and I can lose a lot more than $125?

10 points does equal $125 – plus whatever commission and yes thats all you can lose when you purchase a cme option

I am a finance student and have experience trading stocks and forex casually for fun, but would like to pick one to spend more time trading… Has anyone had success with either one? I know the obviouse pro's and cons of both, but I am probably overlooking some major ones… Does anyone know which one would be better for sitting in and trading a few days a week?

Check the website below and have a look may be it will help you more in deciding.

http://money-review-site.com/investment.html

Forex Trading Brokers, Fund Managers, Forex Trading platforms, articles and a FX trading community

Read the latest analysis written by industry professionals. In this section you'll find fundamental analysis, technical analysis as well as general market overview.

Forex Broker | Forex Brokers | Currency Trading Brokers

In this section you'll be able to find all the latest promotions, press releases and interviews from all the leading forex brokers.

In this section you'll be able to find all the latest financial news, top stories, currency news, and more news on topics like commodities, equties, interest rates and economic indicators.

Forex Handelsmakler, Kapital Manager, Forex Handels-Plattformen, Artikel und eine FX Handelsgemeinschaft.

Lesen sie die letzten, von Industrieprofis erstellten Analysen. In diesem Abschnitt werden sie fundamentale Analysen, technische Analysen als auch eine allgemeine Marktübersicht finden.

Forex Makler/Forex Makler/Makler für den Waehrungshandel

In diesem Abschnitt wird es ihnen möglich sein, alle letzten Promotionen, Presseaussendungen und Interviews aller führender Forex Makler zu finden.

In diesem Abschnitt wird es ihnen möglich sein, alle letzten Finanznachrichten, Topstories, Waehrungsnachrichten und einige Nachrichten über Themen wie Handelswaren, Stammaktien, Zinssaetze und Wirtschaftsindikatoren finden.

"Foreign Exchange" 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-opportunityseeker.com/learn-forex-currency-trading-online.html

Do anyone use Forex Funnel and has good results?!

I have been studying forex for a while and thinking of buying the forex funnel as I have

seen good reviews about this automated trading expert advisor. although I am newbie to forex , this automated system sounds simple and very easy to use.Has anyone here uses it and does it work!Let me know if forex funnel truly works and you are making money!

I've used it for a month or so now and the forex funnel software has produced some good results. If you follow the guide properly you can't fail. Heres a good review of the software: http://theforexfunnelreview.blogspot.com

A website will not provide you the solution that you need to successfully trade in the Forex marketspace.

You need the support and guidance of someone that can help you understand the risks, the emotional challenges, the dynamics of the market and some proven strategies that you can evaluate while simply using demo accounts and not risking any money.

It is very easy to lose money in the Forex market if your enthusiasm is greater than your knowledge level.

That being said, it is a fascinating and potentially profitable journey for someone that wants to take their time and learn how to properly participate in the market.

Good luck.

Paul
pupp52@yahoo.com

ps. I would be happy to send you a couple of Introduction to Forex guides that you may find usefull.

We are looking for experienced forex traders who are managing client accounts of at least over 1M+, should have a proven track record of 1-2 years with average monthly 5-15% gross using perfect risk management with low volatility. Two professional promoters (USA and Europe) would be able to refer millions.
Pls contact forexchoice@yahoo.com

This is probably not the best place to advertise the positions, but it is free. So good luck to you. Maybe it will work.

Where can I find information about average leverage used by hedge funds or famous traders like soros? I'm particulary interested in forex/equity areas.

I can tell you some ranges but I think most data is a closely guarded secret for hedge funds that are currently active. Thats quite sensitive info that can be used to hurt highly levereged funds.

Most investment banks right now were at between 8:1 and 12:1 leverage. Some of them, esp Goldman Sachs are basically hedge funds in terms of operations. Bear Stearns was at about 10:1 when it blew up.

There are some hedge funds operating at about 20X leverage but that is REALLY pushing it and it applies prob exclusively to Forex trading and arbitrage since they have the smallest moves to make a profit.

Finally the famous LTCM fund which blew up had 35:1 leverage the most I have ever heard of and they nearly destroyed the US bond markets single handedly.

The appropriate amount of leverage to use is one of the hardest things to find out since it depends on the market, the volatility, the economic environment, the liquidity, the spreads in the market, and a whole host of other issues. I personally doubt most funds and traders and operate at more than 15X leverage without running into serious problems in the long term.

You're better off with the stock market than foreign exchange. Forex is a lot more risky, although the rewards can potentially be much, much larger, so can the losses. If you saw the Forex infomercial, I wouldn't bother paying for that either.

With some basic knowledge, the stock market will make you 10-15% per year. Last year my rate of return was 16.05%, this year I've done very poorly and I'm down -1.45% overall so far. You have to look long-term.

It won't take you a lot of time. You will want to spend several hours reading and learning about the stock market before you put any real money into it. I recommend the tutorials on www.investopedia.com. They also have a Stock Market Simulator which lets you set up a pretend investment account for free just to play around and see if you are ready to put real money into the stock market yet.

Once you get past the basic learning curve, it can take as little as minutes a day. You can just check your stocks each day, decide whether you want to hold or sell or buy more. If you are looking long-term you will be fine just checking your stocks once a week even. Or you can put in as much time as you want… watch the business reports on TV every night, read the business section of the newspaper every day, do hours of research into company's financial statements, etc.

It sure beats leaving your money in the bank and losing value to inflation year-after-year, anyway.