I have learned and I’m currently learning more and more about currency speculatrion, and I’ve set up a practice account. I know that the foreign exchange markets (Forex), creates more money in profits everyday than the entire stock market in 1 year which is a collosal daily intake of $3.8 trillion per day, about $1.5 quadrillion in 1 year. I also know that there are only 5% of currency traders that succeed because they expand their education and practice before they do the real thing. The other 95% of traders either have a mentality and think its a get rich business, or don’t invest time to educate themselves and don’t set up practice account to get the hang of it, or a mixture of all three. What I’d like to know is, is it true that a new millionaire is made every day trading Forex?

Remember this, 90% of forex traders are making losses. Good luck in your trading.

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I’ve been using ibfx, which has very high pips and I’ve heard their brokers are crooked, i just downloaded fxcm and i’m learning on that. is there one that i should check out?

One man’s meat might be another man’s poison. I would suggest you to try out few trading platform from few reputable forex brokers. All are offering demo account that you can sign up and try out their system.

Besides that, do check out their support as well before deciding which forex broker to go for.

Good luck.

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I Wish to learn how to Online trading, if any one knows which site teaching about online trading in tamil. or where can i download basics of online trading book in tamil.

While MikeJ has a good point about the number of scams and high risk, that shouldn’t deter you from learning about Forex, which is an excellent market if you’re careful about your choices. Not every broker trades against you, and you don’t need a $2M direct account with a bank to profit. You just need to do your research on brokers before choosing one.

Also, the majority of casual Forex investors tend to lose out either because they do sign up to a scam, or because they pour money into a live account while they’re still trying to learn (or when they think they have more experience than they actually do).

Learn from a good Forex info site like BabyPips. You’re probably not going to find much written in Tamil, so an online translator is probably your best bet for that.

You can of course always subscribe to a good signal package, such as one with JustPips, and let it help you make your real trades while you learn on the side with a practice account (eg. FXGame with Oanda).

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Im very interested in getting a Forex robot to trade for me. I have heard great things about forex robots, But I am not sure which forex robot works the best. Im a new to forex completely and Im just looking for an automated way to make money from home. Would you even recommend trading with a forex robot at this current economic time? How much many can make with a forex robot and what is the best forex robot from your personal experience. Please help. Thanks

If you are looking for the best forex software, visit this site

http://the-best-forex-software-in-internet.blogspot.com/

This software is the best software that can help increase your trading profit and user friendly.

Best Wishes,

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I’m looking for a forex software that can work as either a browser toolbar and/or as a desktop software (widget).
The applet should show foreign exchange between different sets of currencies in real time.

Great question – i would love one of those for a new site i have under dev – i got inspired by the World Soccer Cup thing as you’ll see from my home page image – You could search on "forex toolbar" here’s the first listed result www.affiliate-forex.com/forex-toolbar : good luck Peter

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i am an agent but i have no persons for invest in forex so i am so wory.ples tel me what should i do ?

You can make money trading currencies on the Forex. But becareful, do not buy anything, Just get a demo or simulated forex trading account and start pracitice with virtual money, then once you are comfortable and have some clients you will be ready….

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