because i have littel knowledg on forex i want to know if it is a trap and not real business or if it is real business and some one make mony on it?

Saman,

Of course it is real business.

Well, the gains of ones are the losses of others.

There are principles to master prior to trading live, beside getting the basic technical knowledge:

1) Get a system (i.e. define your stop losses), including money management rules
2) Be ready technically (i.e. learn technical analysis and practice on the demo account)
3) STICK TO THE SYSTEM, always
4) Be ready mentally (psychlogy may be the most important aspect of trading as you may learn soon – basically, you must keep your emotions in check while trading).

The difference between the great traders and the other traders is that the latter forget one or more of those principles.

Best,

Mark

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I would appreciate if you could share your own personal experiences with me.I am thinking of setting a forum for Forex traders to discuss and share their trading experiences with each other.If you are interested, please let me know so that i can include you in the forum.

Technical analysis after combinig with fundamental announcement…Generally use a lagging as well as 1 leading indicator.
http://autoforextradinghelper.blogspot.com/

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I am looking at using automated Forex Trading software but wanted to know what else i need to trade.
It looks like i have to use a Forex broker or some sort of online platform.
Basically, as well as buying the automated software, what other costs are involved with Forex trading (other than the trading money) & are they monthly or weekly costs, etc.
Finally, what are the approximate costs of these other things i'll need?
(2 Questions there…cheeky, i know).

There are many regulations
Get RBI approval

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I have just opened my trading account and I am trying to decide on buying an autopilot forex trading software.

I would be careful about which forex systems you look into buying because there's a lot of scams out there which you can get burnt from.

I would suggest taking a look at some reviews before you make any decisions because some of the systems you're going to see are less than satisfactory (no matter what the site suggests).

When I was looking for a Forex system, I found http://autoforextradinghelper.blogspot.com/
which has reviewed all the top forex systems and given the HONEST and UNBIASED reviews based on actual customer comments online.

For me, reading what they had to say made parting with my cash a no-brainer.

Hope this helps?

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Hi! I'm newbie in Forex. I have a question what do you think about this trading robot? I found this system review at this blog: http://www.trade2win.com/boards/blogs/alfaforexea/5320-alfaforexea-best-automated-forex-scalper.html

i believe most of them are crap.

if they actually believed in their system they would be no need to sell it to you as they would be making millions right now using it.

their system requires element of luck.

anyway thats my opinion

if you want forex educational material, contact me. i have loads.

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I have heard someone was giving 50 dollars free real account to trade with them. If anyone knows the brokers please recommend. Thanking you all in advance

Regards

I don't know of a broker offering $50, but FXCM offers an account funded with $25 at trade shows. I got one last year at the Las Vegas Traders Expo. If you click the link below it should probably still work.

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I have 2GB or RAM on Windows Vista, the laptop is a Dual-Core Toshiba laptop and every time I decide to open up Meta Trader to do some currency trading the software is so slow, I cannot even think to trade while it is this slow, because when I press a button it takes a while to respond, I could lose lots of money if I trade while its this slow.

I did reformat my laptop and I booted up my trading software with 1 graph and it was fine. When I add more than 1 graph it becomes slow. But Internet in general is very fast, I have Virgin 20MB broadband.

I am viewing these graphs on an external Samsung 28" Monitor. Is it because of the monitor? RAM? or is the software just using up all the CPU. Please help me.
It is not a website.

You should seriously consider switching to another forex trader. It is due either to their server being overloaded or a buggy trading software.

As you are probably aware, even with a software which can execute your order instantaneously, you are unlikely to complete your order at the price you think you did except in a dull and quiet market. This is how fast the forex market moves. It is ludicrous if the software you are using has a noticable slow response. It won't work. And trust me, if you continue to use it for your forex trading, you will be wiped out in less than a month.

Shop around. There are some good forex traders out there.

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My boyfriend is really into forex and has various books on the subject. I would like to get him a book on it for Christmas but there are so many and I have no idea which ones would be good. Anyone have suggestions??? Thank you!!!!

You're right Samantha, there are quite a few out there, some good and a lot of them cr@p. The one resource that got me started was Forex Avenger.

http://cognizance.fxavngr.hop.clickbank.net/?tid=YA

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Ever since I was in middle school Ive known that I wanted to make my living trading stocks. I'm getting tired of paper trading, Ive developed a strategy that is a winner but I need day trading privileges to put it into execution. Ive always viewed the money markets (stock market, forex) as the best wealth generators available. But I wasn't born into alot of money and have no rich friends or family, so its extremely difficult for me to come across the $30,000 I need to start trading stocks with day trading privileges.

So what I need help with is ways to raise the capital. I made some mistakes earlier in life so I don't have a good credit rating and Im not a home owner. The most frustrating part of it all is knowing that I have the ability to do something great but I lack the resources. so please pour in the suggestions. Email me if you have any further questions bjulyjayjr@yahoo.com thanks in advance

Rob a bank. They robbed us all anyway. Mine as well get some retribution.

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I came accross a Managed Forex Account (FX Funds Group) that shows a past return of 80% for 2008!. This just looks too good to be true, even with 35% fees.
Does anyone have experience with such funds ?

Yes, it is too good to be true..

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