Can we trust the mentioned broker with our money?

Well, besides doing a company check on them, to detarmine where they operate out from. Do they have a technical trading hotline besides Online trading ? Do they have a number to call ? Call them up. See if they even exist.

I will stay with the tried and true. Why ? The most important thing for me is that i will be guranteed a trade especially during peak period. That my "stop" will be "Stop" regardless if there is a gap up or gap down.

I will go for reliability. 1 pip is alot over a long period of time. But look, you are going to try your chances, afterall its one pip. It becomes like gambling, a matter of possibility and not probability.

Look mate if you are not sure, why bother, there is plenty in the market. And also tried. FXCM does 3 pips for majors. Thats not too bad for reliability. And there is 1800 toll free trading number as well.

For the past 13 years I’ve learned the art and depth of trading stocks and options as well as forex. Now, I’m ready to take it to the next, most obvious level; I want to trade full time at home. However, most of my profits were used in everyday living and emergencies, so i really didn’t have a chance to take advantage of compounding my earnings.
What I would like to know is how can I borrow or raise about $35,000 to start trading full time? My credit was ruined by a recent divorce and child support issues, so borrowing from traditional sources is out of the question. But,I still want to know if there is anything I can do to get this going by the end of the year and take advantage of the upcoming year changes.

You can always try to find private investors. If you offer someone 5-10% or so they can’t get that in a bank so they might take you up on that offer.

I haven’t looked for private investors but I know people who have. Just a thought.

I'm very interested in buying a Multiple Monitor Computer System, for my Day Trading Business. I use Several Stock and Forex Trading Programs, but I'm tired of using four different computers. All these day traders, on the ifomercials and on Wall Street, seem to have these Multi-Monitor PCs, with only one mouse and keyboard. Where can you get something affordable, like that? I also read about it on Wikipedia, so I know they exist. Someone told me that I could upgrade my existing computer, by installing another video card, but I don't want to get involved in all of that. I just need a nice, four LCD multiscreen system, for under $3000. Any help would be appreciated! Thanks!

Trading computers are getting popular now, so they are getting cheaper. I got my Triple LCD multi-screen PC, from:

http://multi-monitors.com

It was around $3k, with LCD Array. They have a very affordable brand called Super PC. Mine runs like a champ!
Best computer I ever owned, by far!

There are two other really good companies, but they are still
charging yesterday's prices. The technology is not that expensive anymore! So, Multi-Monitors.com, is the way to go.
I initially found them, through their Multi-Monitor FAQ website, below. Check them out, and good luck! We need it, in today's markets!

As a fresh man, CFD or forex looks like the same for me.
I don’t know how to have strategy to open a position, it is not a gamble for sure,
There are some knowledge to help you nearly predict tomorrow, but what are they?
I am told to pay attention to political and Economical news, but how can I learn to analyze news info correctly and dig out the truth of it?

What are the tools and methods to predict CFD fluctuations or forex? Is it all about news about war or oil in middleeast?! Please light my dark mind.

When I listen to news, which elements are vital? Give me some examples?

What kind of news?
Which method to analyze the news?
How about to research about different stocks in CFD? Is it necessary and useful?
There are dozens of names in my instrument table, which ones shall I choose to trade?
Any book? Any online source? Any forume? Any thing I can achieve?
You see I am really confused, can you help me out?

I really appreciate your time and your attention for these many questions

CFD? I don't know what CFD is, but I trade the Forex.

Go to your library and check out several books.

Here are some online resources:

Otherwise, check out some of the Forex sites.

http://www.premieretradeai.com/

http://www.forextv.com/FT/Video.jsp?channel=41

http://umgarticles.atspace.com/forex-trading.htm

http://www.fxstreet.com/rates-charts/usdollar-index/

http://forex.tradingcharts.com/

http://www.dailyfx.com

http://www.forexbastards.com

http://www.forex-options.com/

http://4xcampus.com/

Forex simulator:

http://www.expertworx.com/pm/Forex%20Market%20Educational%20Game.htm

useful e books:

http://www.rapidforex.com/

http://www.traderssecretcode.com…

http://www.1forextrading.com/

Here is the broker I use:

http://fxdd.com/

Forex Focus: Allied Currencies by Alexander Sabodin When trading, who or what can be your ally? Working in the financial markets as a trader can be fascinating, considering it gives you the opportunity to earn money and do so independently. You can trade from anywhere in the world with the help of a computer and the Internet. But any medal has its reverse. Such types of jobs come with their fair share of risks. First of all, there is the danger of losing money. Second, the responsibility of making the buying and selling decisions is entirely on your shoulders; you cant depend on anybody else. You are essentially on the battlefield alone and fighting your enemies alone. In any battle, you should have allies that help you make the right decisions and keep you away from making the wrong ones, or at least you hope that is the case. When trading, who or what can be your ally? Believe it or not, a tradable that is correlated with another in terms of price movement can be. ALLY CURRENCIES In the foreign exchange market, the USD/CHF currency pair is an ally to the EUR/USD pair. The economics of Switzerland are closely connected with the economics of the countries of the European zone, which is not surprising given that Switzerland is located in the central part of Europe. In addition, if you look at the charts of these currencies with respect to the US dollar, they look like mirror-image twins. Our tactics are relatively simple. If these two currency pairs move synchronously and give confirming signals, we consider it a strong signal and open a position. If we get a signal from one currency pair and the second pair doesnt provide a corresponding signal, we stay out of the market until we get a confirmation. Thats all there is to this system. HEAD & SHOULDERS Lets consider two neckline breakthrough signals on the EUR/ USD (Figure 1A) and USD/CHF (Figure 1B). The first breakthrough is fake; it is marked by the number 1. In a situation like this you could give into

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Forex Focus: The Alligator Indicator by Alexander Sabodin Heres a trading system you can apply to trending markets such as the currencies. There is a moving averagebased trading system that I have found works best in trending markets, with its main instrument the alligator indicator. The alligator was first described by Bill Williams in his book New Trading Dimensions. Some software packages include the alligator indicator, but if its not available, all you have to do is take three smoothed moving averages using 13, eight, and five periods and shift them by eight, five, and three bars into the future. The longest period line is blue (the alligators jaw), the middle one is red (the alligators teeth), and the shortest one is green (the alligators lips). According to Williams, when these three moving averages are twisted together, it means the alligator indicator rests, and so we also rest. But the longer the alligator sleeps, the hungrier it is. So when the alligator awakes after a good, long rest it is very hungry to hunt for food. And its food is price.

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Websites For Traders: FXtrek.com by David Penn FXtrek.com bills itself as a one stop for foreign exchange traders, and for those who consider themselves just a step or two away from real-life forex trading, its a stop worth making. Little more than a year old (FXtrek.com was launched in April 2001), the website with its FXtrek.com University, mini- and regular demo accounts, live picks, neural net forecast, and IntelliCharts provides the means for a seamless journey for the would-be forex trader from neophyte to master dealer. Master dealer?! Why not? FXtrek.com makes no bones about some of the main attractions that forex dealing holds for individual investors. As the website founders suggest in their introduction: You can become very rich in a short time if you are on the right side of the foreign exchange market at the right time. The foreign exchange market is huge and its leverage is enormous. …

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While most books on trading deal with general concepts and shy away from specifics, Forex Patterns and Probabilities provides you with real-world strategies and a rare sense of clarity about the specific mechanics of currency trading. Leading trading educator Ed Ponsi will explain the driving

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The FX Daily Conundrum by Kristian Kerr Hours And Days – The FX Daily Conundrum In a 24-hour market, what is the best time frame to use when looking at charts? The rising popularity of foreign exchange trading over the past few years has been impressive. Equity traders fed up with trying to eke out profits in the brutal bear market environment have flocked to the fast-paced spot currency markets in record volumes. This rise in forexs popularity can mostly be attributed to the clear advantages that currency trading has over other markets. Unlike trading equities, foreign exchange offers traders true 24-hour trading, excellent liquidity (over $1.5 trillion a day), and great leverage (up to 200 to 1). Another big factor behind the increase in retail spot exchange volume has been technically driven equity traders who are switching to currencies. The technical nature of this market makes it much easier for equity traders to switch to foreign exchange (also referred to as forex or FX) than to other markets, although forex does have its own nuances that must be understood. The biggest issue for most technical traders making the switch is the daily chart. Due to the structure and nature of the currency market, the daily is not as effective and useful in FX as it is in equity trading.

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Stocks & Commodities V. 24:8 (14-19): Forex Focus: Going Beyond 70 And 30 In Forex by Jamie Sattele Access to foreign exchange trading has opened up exciting trading options for the retail trader. You can now trade alongside corporations and institutions in a highly liquid market that is global, traded around the clock, and highly leveraged. Before jumping into this market, however, we must understand the factors that affect the forex market. With that in mind, STOCKS & COMMODITIES has introduced Forex Focus to better prepare the retail trader to participate in the currency market. Heres a look at the performance of a foreign exchange strategy that was applied to the EUR/USD. The relative strength index (RSI), developed by J. Welles Wilder, is one of the most widely used indicators in technical analysis. But by the same token, it is also one of the most misunderstood and incorrectly applied indicators in technical analysis. Too often, a trader attempts to pick a top or a bottom and then watches in frustration as the market fails to top out or bottom out and continues to move in the same direction. Most traders realize that RSI is an oscillator and that its value can range anywhere from zero to 100. Extreme readings are said to be over the 70 level and below the 30 mark, with the former considered overbought and the latter oversold. CATCHING A MOVE This is where most mistakes are made. Novice and experienced traders alike jump at the opportunity to sell a cross below 70 or buy a cross above 30, trying to pick a top or a bottom. Some of the trades will surely work out, but it is the one or two losses that occur when the trader finds him- or herself on the wrong side of a strong trending market that will wreak havoc. It is not necessary to sell tops and buy bottoms. Instead, its more effective to try to catch portions of large moves with higher-probability entry points.

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