Currently at the time of writing I am 18 years of age and I have been practicing stock, commodity and currency trading in several different practice accounts. What I have discovered is that I am best at currency trading and I make the most money out of trading that way. With stocks and commodities I have had moderate successes but I’m better at FX trading than anything else and I’ve learned a lot too.

I also know that currency tends to trend long term such as a few months to a few years which is where currency options are best suited. Spot-forex trading on the other hand is traded on margin and is best suited to short term trading of the FX markets.

I have only had practice trading FX in spot-forex and spread betting, both of which had a return of several hundred percent. What I would like to know is what is the best way to trade forex out of currency options, spread betting or spot FX, and which is best suited to a UK resident to gain wealth? Please help/advise. Thanks.

P.S. Sorry its so long.

The answer is really very simple. if you are in the UK you should go through the spread betting route because all gains are tax free. All the instruments you have mentioned are traded on margin so are equally risky but the difference is that if you trade spot forex or currency options you will have to pay tax on your gains!

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I’m newbie in forex trading and I would like to learn more about forex. Please suggest me some good books or sites for the same

Choose the Most Useful Forex Books Available

Forex books can be availed anytime and at affordable prices. These books are dedicated to help and guide you especially if you are tenderfeet in the market of forex trading. A lot of books have been written for the particular purpose of helping people out in making money from trading currencies. In fact, not only the forex trading itself has generated craze all over the internet, but also advertisements about these books.

What could usually be found in forex books? What information could be found in such books? How about the veracity of information provided in these books? These are just a few questions pertaining to the abundance of forex references being offered anywhere today.

From the most basic guidelines to more detailed and comprehensive currency trading procedures, forex books all attempt to contain the kind of information they think would be their edge in catching the attention of interested buyers. A caution, however, is given to people by forex trading experts who know more about the science of this business. If you are to choose a book that would help you boost your abilities in forex trading, you need to be very vigilant as a purchaser. Remember to make the most of every dollar that you are going to spend for it.

Choose the one which is more integrated and easier to understand. Also choose the book that contains specific trading examples that are lifted from real market experiences. Do not buy a currency marketing book that has nothing to offer but bulleted lists of tips and tutorials, those that are usually devoid of any informational meat you truly need.

Timothy Stevens is a Forex Options Trader who owns http://www.NonDirectionTrading.com – He has helped hundreds of people on Trading Forex with Options.

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my friend introduce me to this company forex macro and told me about investing in it. well i done my own research and found that there are people who are please and made some profit while there are some websites which declare it a scam. my friend invested 3000 dollars and on his account it shows profit of 21 dollars per day. i only invested 200 dollars and i’m getting 93 cents per day with the fixed plan just to taste the waters. i want to know of people who actually invested it and there replies good and bad. also i would like to hear if anybody had any problems withdrawing money when they cashed out.

Simple answer. I just went to the web site.

I have no doubt that this is a total scam.

Stay clear of this rip off. This is like Bernie Madoff’s ponzi scheme. You will be paid by the deposits of others. eventually these things blow up. 100% guaranteed. You need to look at yourself very closely. Why would you believe these claims in the first place. The claims they make are blatantly ridiculous.

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