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    September 13th, 2008 by admin

    Is it possible to hire my own team of Forex Traders and Brokers to produce returns for my company. They will own a stake in the company such as profit sharing. Is this possible and legal. Also what kind of monthly returns are possible with Forex Trading. 10, 12, 15%???

    Thanks

    I don't think there's anything wrong with that since these people are going to work for your company and are trading your account. To be sure, you need to consult with your financial advisor on the technicalities of your undertaking. Also visit the NFA and CFTC websites for more information.

    As for monthly returns, it all depends on how seasoned your traders are. Good traders can average net 1.8% each month.

    Hope this helps.
    - Jim http://jsforex.blogspot.com

    September 13th, 2008 by admin

    Hello everybody, Merry Christmas and happy new year to all in yahoo answers community.

    I am an investor and since i don't have the time to train myself in investing arena i'm looking for reliable services in trading forex markets and options on stocks. If anybody has such kind of services please inform me.

    Thanks

    There are numerous resources to learn forex trading…Check out this website: http://www.forexvendors.com. It provides insight into trading systems and brokers, and offers free lessons on forex trading.

    I red that fridays must be avoided (because they are ver unpredictable), as well as sundays & holidays (obvious).
    What do you think about traiding on fridays ? as well as mondays, tuesdays… etc ?
    thanks !

    The answer depends upon many factors. What type of trading are you doing? Does your type of trading do best in a volatile market? Does your type of trading do best in a bearish or bullish market? What are your objectives? How much are you trading? What types of stocks or bonds do you prefer?

    I would suggest that you monitor the stocks in which you are interested and track their trends.

    Finally, do not bet more than you are willing to loose.

    September 13th, 2008 by admin

    I visited forex.com and want to know if its a real and original type of foreign exchange buying and selling platform so that I can trade. I am worried if its fraud. Would anyone review the site or know anything about this website if its not fraud or scam. They provide a virtual $50,000 account to trade for starters to get to know about it but, i am still in doubt.

    Forex.com is a reputable forex dealer. It is not a fraud or scam. They are a registered financial entity in USA. The virtual account is for you to practise your forex trading strategies and test if you are profitable.

    September 13th, 2008 by admin

    I'm new to The Forex. Ive read books and have been practicing with
    paper accounts for a while. I'm ready to jump in, but I'm kind of
    nervous. Does anyone have tips for beginners in Forex Currency?

    Don't do it!
    Read this from the US Commodity Futures Trading Commission:

    http://www.cftc.gov/customerprotection/fraudawarenessandprevention/fraudadvisories/fraudadv_forex.html

    and from CNN Money:

    http://money.cnn.com/magazines/moneymag/moneymag_archive/2007/03/01/8400893/index.htm

    September 13th, 2008 by admin

    What is the forex tracer trading system and is it a valid system?!
    as I'm looking to buy the automated forex tracer expert advisor. Interested in hearing reviews from experienced traders.

    The Forex Tracer system is an automated system that allows you to trade forex (foreign exchange) overseas stocks. They have an awesome set up for newbies as well as experienced traders. I've come across a lot of crap on the net when it comes to forex software and trading, but Forex Trader is TOP NOTCH. The best and most comprehensive review online for the software is at http://allforexeveryday.wordpress.com

    If you need anymore help email me @ KingWallace08@gmail.com

    Good luck! It truly is a profitable system.

    September 13th, 2008 by admin

    Any tips or certain companies you would recommend? How can I verify for myself they are real?

    Ultimately, you can check with the Securities and Exchange Commission: http://sec.gov/

    I use FXDD and they're for real.

    If you already have a futures broker, you can also trade Currency Futures. I also trade the Forex, but I get better fills on the futures.

    Actually, I trade the Forex through PermiereTrade software, and most of their customers (over 1,000 on the Message Board) trade through FXDD. But I can choose any broker.

    If you don't already have charting software and a data feed, this may well be what you should be concentrating on. Of the legitimate brokers, they're all pretty much the same, if the spreads are comparable. You shouldn't pay over 2 or 3 pip spread on the majors, definately something to ask about.

    On the futures, you pay a commission, rather than a spread difference, and they are in points, rather than pips. The currency futures are just like any other commodity. I use a very professional charting and trading platform called RealTick, through TerraNovaOnline; state-of-the-art stuff, technically oriented. TerraNova is the home of the Day Trader. I can trade currency futures for $11 roundtrip, which is not possible on the Forex. I pay $200/month for RealTick, but I think you can get their Investor package for free, which is RealTick just sized down to one screen. I use five 21" monitors. But Investor would be a good starting point. Check out their free trial offer.

    http://terranovaonline.com/

    Here is PremiereTrade's website:

    http://www.premieretradeai.com/index.php

    The great thing about PremiereTrade is their Message Boards and their Live Trader Commentary, and the ability to speak with their traders at any time. Keeping you informed is their business, and this is real unusual. They do not tell you when to trade, the software does that, but you are always informed; a definate plus.

    Other Forex sites:

    http://www.dailyfx.com/

    http://www.forexnews.com/

    Here's a good Forex educational site:

    http://www.babypips.com/forex-school/market-hours.html

    And here's another legitimate broker, this one international:

    http://www.gftforex.com/land/index.asp?aid=500

    The site has 2 videos one for the product and one for the business. The company is FreedomRocks.com The product is a program that will help you trade in the forex market and show you how to hedge your trade and make daily interest on the money at better than market rates for banks and mutual funds. The business video talks about a MLM plan with the business. More interested in the product than the business. Would like to know peoples thoughts on the product or information you might have.

    I tried the 15 day free trial and was making over 30% annual interest on my money. They showed how I could make more but also had to take bigger risk trading. I was able to swing some trades for positive return of 10% in 15 days trading conservatively with a demo account. I have only been in the forex market for a short time but found it very intriguing.

    Thanks for your responses in advance.

    FOREX is not a market you want to fool around in. Take a year or more to learn it and then try! FreedomRocks wouldn't have a MLM plan if they really had a 100% plan to make money in FOREX. Thed'y keep it to themselves and become billionaires……..

    where can I get the best rates to invest in FOREX?

    The best thing you can do is to compare brokers on your own. You can visit websites like http://www.forextopten.com/forex-broker.html or http://www.forexpeacearmy.com/public/forex_broker_reviews in order to find plenty of brokers.

    http://hitek192.forexrobot.hop.clickbank.net/
    DOWNLOAD FOREX ROBOT

    The Best Selling Forex Software Online

    The foreign exchange (currency or forex or FX) market exists wherever one currency is traded for another. It is by far the largest financial market in the world, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. The average daily trade in the global forex and related markets currently is over US$ 3 trillion.

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