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    Stay away from forex because it’s riskier than stocks for beginners. Trust me, forex will eat you alive if you start with it, much better to start with stocks. If you are in Mumbai you can still trade US stocks and London stocks btw. The transaction fees are amazingly cheap in the US now!

    I recommend a low fee brokerage like sogo who charge $3 a trade like I said before and also give you 100 free trades to start so make your first few trades really small ones.

    https://www.sogotrade.com/Setup/Default.aspx?rf=392837

    And if you like to read then hit amazon and look for 5 star reviews on books and try to figure out what you might like the most, daytrading, options, swing trading.

    You need to understand the logic behind diversification and hedging. Don’t be scared, just because some people lost their shirts doesn’t mean you will. The key is to educate yourself and learn how to prosper even in declining markets such as now! That’s the trademark of a savvy investor. Go for low risk, low yield stocks first since you are new at this. Read as much as you can and watch youtube videos and documentaries. If you find the topic interesting then open a brokerage account somewhere and start buying stocks.

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    November 25th, 2009 by admin

    I need the FOREX trading tips/alert for USDINR, can anyone tell me the service providers.

    I don’t think you will find tips/alerts for this pair. Those types of websites only cover the major currency pairs.

    That being said, you might ask this same question on some of these other websites.

    http://www.babypips.com/school/market_hours.html

    http://news.tradingcharts.com/forex/headlines/Forex.html

    http://forex-trading.bluecollarnews.com…

    useful e books:

    http://www.rapidforex.com/

    http://www.traderssecretcode.com…

    http://www.1forextrading.com/

    Forex simulator:

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

    Free Charts

    http://www.dailyfx.com

    Blogs

    http://the-forex-trading.blogspot.com/

    http://www.forexpeacearmy.com/

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