Ok,
I have one simple question about forex trading on margin…
If I deposit $1000 to say….and I lose it and my leverage falls from 50,000 to 40,000..does this mean that I will owe 10 000 to the broker? Or I cannot lose more money than the money I have deposited…meaning in the particular case-1000?
Thanks alot!

Hi,

In Margin trading the only amount at risk is the amount you have invested , there is no leverage in your risk because leverage is only for trading in your forex account .

The forex firm you will be trading with will keep an eye on your positions, they will inform you about your account status if it is in a critical condition , which in technical terms mean informing the Margin Call.

Sometimes it happens that due to market volatility your margin trading account might go into negative and in this case it mainly depends on whose fault it is(this situation is rare is the account is monitored properly by the forex firm you are trading with)

For any further query please feel free to contact me at ttabrezs@yahoo.com

Sayed R. Tabrez
Century Financial Brokers (Dubai)

I am interested in learning this however there are so many different options to choose from. I would like to know what works and what are you opinions.

No.

The reason is simple: No serious vendor would offer Forex Trading Systems.

Here's why:

Though they call it the "Foreign Exchange" there is no exchange. Prices are NOT regulated or standardized as they are in the futures markets. In fact, when trading Forex you are trading against the broker and not against other traders.That's why they can "guarantee fills".

You are trading against the house, and the broker takes the other side of the trade. Keep in mind that you receive the forex quotes from your broker, and he can basically display any price.

Take a look at the following Forex quotes. All three screenshots were takes on Tuesday, March 21st at 3:30pm US Central Time.
I used three different websites to obtain the quotes:
** (I can't post graphics here. Please visit http://rockwelltrading.helpserve.com/index.php?_m=knowledgebase&_a=viewarticle&kbarticleid=42&nav=0 to see the graphics).**

Take a look at today's high of the USD/EUR currency pair:

* The first data source reports it at 1.2164.
* The second dat source shows 1.21595 and
* The third data source reports a high of 1.2166

That's a difference of 6.5 ticks (= $65!!!).

As you know, all indicators and trading rules are based on the following five data:

* Open,
* High,
* Low,
* Close
* Volume

There is no volume information available when trading Forex, so you're already limited when creating a trading system.
And then there's the difference between the data sources, which causes the following problems:

* False Signals
If your trading system is based on the high of the previous day, you would have to enter the market tomorrow at
…. uhm…. 1.2164? ….. or 1.21595? ….. or 1.2166? ….. or maybe something completely different?
* False Fills
Let's say your trading system gave you a signal to enter the market today at 1.2160.
If you'd be using broker No.2 you would have been filled, but what about Broker 1 and 3?
Probably no fill there.

Do you see the problem?

How can a serious vendor offer a trading system, if you get false signals and false fills?

I will like to use this details to calculate my pivot point, resistance, and supports.

I export my data at piptrader.com

How much would you be willing to pay to use a forex service that generates an average of 20% monthly? This service needs no trading by you. It is all done automatically. All you need to do is leave the trading platform open.
In response to Stu G:
This is not my system I am asking about or anything like that. I am asking about a website I came across and was wondering if the cost was worth it.

20% per month eh? Don't bet on it. If you could make 20% per month trading Forex, you would be a superstar hedge fund manager with $10 billion under management, and you could charge an incentive fee of 50% of the profits. There is no hedge fund that large that boasts 20% returns monthly. The best funds are very happy with providing their clients with net returns of 15-30% ANNUALLY!

While it is possible for an individual trader to make such returns on a consistent basis, it likely does not come from a blackbox trading system such as that you describe.

Scott Cole
www.kungfutrader.com

I am learning FOREX as fast as possible with little money to spend on learning. What courses in college can I take and what books should I read? I am really interested in indicators and oscillators. So please help here?!?!!!

Also, Whats the difference between indicator and oscillator?

Technical Analysis of Financial Markets by John Murphy is the kind of the basis book for people learning Tech analysis.
Its written for stocks but it applies to all trending markets. including FX.

You will learn all the common indicators for anaylsis and how to use them.

An oscillator is a type of indicator, its an indicator that indicates the CHANGE in price movement and it indicates overbought and oversold conditions. Examples of oscillators are RSI and Stochastics.

Congrats on learning this yourself rather than getting scammed by someone selling unprofitable systems, you will have higher odds of success, if you dedicate yourself.

Hi, I’m looking for an automated system that will help me make profitable forex day trading. I have no idea what something like this can cost. Just doing research so I guess any answer will be valued.

There is a site at http://www.forextracergold.com that offers an automated system and can be used for day trading.

It is real, but unless you know what you are doing, you're gonna lose a bundle.

please does any one know a forex trading company that can help me manage(trading) my forex account and we share the profit i have just $500 only to invest

Hi Timothy,

Just a couple of quick questions. Do you have experience trading Forex yourself? Or is this a new venture for you?

It is actually quite easy to get some free Forex trading experience utilizing demo accounta and alot of the free information available online.

What you will find is that the professional Forex managed account specialists will require a larger minimum investment. I am sure that there are other "traders" that would love to get their hands on your money to trade for you but you need to be extremely cautious. It's easy enough to lose money in the Forex market without having someone else lose it for you. I recommend to all of my clients not to give control of their money to someone else.

My best advice to you is to educate yourself on the Forex market. The place that I recommend that my clients begin is at babypips.com. It's free info and you will learn quite a bit fairly quickly. Then open a demo account or two at the broker of your choice and trade using "virtual dollars" until you get comfortable enough to invest real money.

Remember. there are conservative ways to participate in the Forex market and there are very risky ways to trade in the Forex market. Be careful and take your time. The market is not going anywhere and with $2 trillion a day being traded there will be plenty available to you when you are ready.

I you want some more info just drop me an email.

paul
pupp52@yahoo.com

have any one here have use the forex hedge system from this website?

do you know where i can find user review for their tehnique?

Allan,

I recently ordered the system and I must say that it is worth EVERY penny and more. I've been a Freedom Rocks member in the past so I was very familiar with the hedge strategy.

If you have some time to keep track of your hedge and manage it properly, it's pretty much a 100% guaranteed strategy. I'm BLOWN away by it. Hopefully you already have some knowledge of the Forex market.

You can also call and talk to Joseph, the owner and he'll answer any questions you may have.

When you purchase the system, it goes to great lengths to explain ALL aspects of this strategy. I'm SO impressed with how thorough Joseph is in explaining it to the nth degree.

Prosperous Regards!

im very new to trading,i need a safe way to invest online with advice

right now it's great for US investors with the dollar like it is. Why not check out marketstock[dot]net it goes into much more detail for you