The Forex Trading Blog

Keep you up to date on Forex Trading

  • META

  • Trading Solutions Free Demo!

    I am 18 years old and I’m trying to decide which out of either ordinary stock market investing, CFD’s, spread betting or Spot forex I am best to trade as I am a beginner, but have had a couple of years study in all of these investment products in reading and in practice demo account? I am really trying to decide which is best the best option to get started with as I want to create a possible career out of it, but I can’t decode which one to choose. What would you recommend I start with to get started with out of these 4 options? Please, I really need your help/advice. Thanks.

    If you are a beginner then individual shares are the way forward – get a year of experience at least before moving to leveraged products like CFDs and spread betting. CFDs and spread betting are both high risk speculative instruments – once you acquire some experience if you’re located in the UK/Ireland/Australia I would go on with spread betting since spread betting and CFDs are basically identical products (but spread betting is tax free in the UK/Ireland/Australia). If in Europe or elsewhere I would stick with CFDs. As for forex, just don’t go there for now – margin trading with forex is too dangerous for starters as forex can have wild swings – if you do nonetheless still want to trade forex I would stick to relatively low leverage say 1:50

    powered by Yahoo Answers

    Hi,

    I recently purchased a computer, Acer Aspire as it had all the specs I wanted short of adding more video cards. I will use this for trading futures and currencies. I purchased another video card that adds two more VGA outlets. i am using six monitors. I also purchased 3 SVGA splitter cables to increase my total monitors to 6 ( as each splitter carries 2 connections on each end).; My goal is for each screen (6) to carry a different image/chart on it. I was told I can get a software program that would allow me to put up a different graph on each monitor. Help please! Does anyone know the software program name or have any ideas to help me make this work as I have maxed out my video capability? The aspire only allows for 3 VGA card ports. Thank you!

    I have been trading professionally for 15 years on only 1 screen. So I am not sure why everyone’s spending all that money.

    powered by Yahoo Answers

    March 22nd, 2010 by admin

    Hi
    nowadays there is a lot of ads about Forex trading..im interested in Forex trading and i have no experience in it.. can any one can guide me and can give some tips about trading .
    thanks

    I’ve read a lot about Forex, but I’ve never seen a proven profitable forex strategy, despite the claims of some scam web sites.

    Playing Forex can appear alluring, but the majority of people who try it lose money. All you have to do is do a web search on the words "Forex" and "lose" to see this is the consensus.

    Forex is what we call a "zero sum" game. You are making a bet with someone else about whether a currency will rise or fall. For every winner there has to be a loser. If you are smarter than the average player, you may make money. If you are dumber than the average player, you are likely to lose money. Most of the people making the "bets" in Forex are highly trained professionals at banks and other institutions. You are unlikely to beat them at this game.

    Actually Forex is not quite a zero sum game. It’s a slightly negative sum game as the Forex broker takes a small percentage each time in the spread. It’s a small amount but over a hundred trades, it ends up being a considerable amount of money. So the average player is likely to lose money, and remember the average player is a highly trained professional and probably smarter than you.

    There is a lot of luck in Forex, and if you play it, you will have some periods of time where you make money. This is usually because you are having a lucky streak, not because you have suddenly become an expert Forex player. However, most people are unwilling to admit their success is due to luck. They become convinced they have a system that works, and lose a lot of money trying to refine it.

    Further complicating the problem is the large number of Forex scams on the internet. Most Forex websites are of questionable honesty. You will find many people on the Internet that claim they made a lot of money using Forex. They are usually liars trying to make money. They will say: "Go to Forexcrap,com/q2347." The "q2347" is a signal to the Forexcrap site that you are being referred to them by "q2347." If they sell something to you, "q2347" gets a kickback. These coded signals can be hidden by different methods in the link. Other people will refer you to their own private website or blog for the purpose of trying to get money off you. Also there are a good number of trolls out there that like to pretend they are successful forex traders just for the fun of it.

    I would recommend not trying to do Forex at all, unless you are a trained professional. It’s like playing poker with people better than you, with the house constantly taking a small percentage from the pot.

    powered by Yahoo Answers


    Depends where you live. In General, yes forex trading will affect you unemployment compensation, but only if you are profitable. If not, it wont.

    powered by Yahoo Answers

    March 18th, 2010 by admin

    i ran a two day test with $100 usd as balance in demo account. it gave me $10 as profit and $50 as loss.. should i continue testing for more few days or i should ask for refund? also wat forex robot actually works? that you prefer?

    I”d try to get a refund. The Federal government warns there are a lot of Forex frauds out there, and these Forex robots appear to be one type of these scams. If these robots really worked, there would be scads of articles about them in the Wall Street Journal and other financial publications talking about them. When I do a web search, I can not find a single reputable news article encouraging the use of Forex robots. The link below is a Federal website warning you about Forex fraud.

    There are a lot of people on the Internet claiming they have done very well using Forex robots. These appear to be of two types. One is the outright liars. For instance, you might meet a person called "Zboy227" who says "I made a lot of money using ScamRobot2000, go to their website at ScamRobot .com/Zboy227." The "/Zboy227" tells the website that Zboy227 has referred you. If you buy the product, Zboy227 gets a commission. He is only lying to you to get a commission.

    There is a lot of luck in Forex. Sometimes you will run into people on the web who have tried a robot for a few days and have had some beginner’s luck with it. They start bragging about how well they have done. Later, they start to lose money, but they rarely get back on the web and talk about how much money they lost. People like to brag about their successes, but rarely talk about their losses. The result is that much of the feedback about these Forex robots is positive.

    I may point out that websites that sell Forex robots admit there are a lot of scams out there. Of course they claim the other guy’s robot is a scam, but their robot works. If you do a web search on the words "forex robot" and "scam" you will find a lot of sites saying their competitors are scams.

    I will admit I have not personally tested every robot out there, and I can not prove they are all scams. But I would be very hesitant to spend a lot of money on a robot without clear proof it really works.

    powered by Yahoo Answers

    March 17th, 2010 by admin

    a group of experienced investors who invest in diverse portfolios…………….ie: stocks, shares, forex……………………..etc. So you get their money…………who’s name are you investing in? the company? yours? or the individual customer? How does a new start up usually gain clients?

    Hedge Fund is a fund, usually used by wealthy individuals and institutions, which is allowed to use aggressive strategies that are unavailable to mutual funds, including selling short, leverage, program trading, swaps, arbitrage, and derivatives. Hedge funds are exempt from many of the rules and regulations governing other mutual funds, which allows them to accomplish aggressive investing goals. They are restricted by law to no more than 100 investors per fund, and as a result most hedge funds set extremely high minimum investment amounts, ranging anywhere from $250,000 to over $1 million. As with traditional mutual funds, investors in hedge funds pay a management fee; however, hedge funds also collect a percentage of the profits (usually 20%).

    powered by Yahoo Answers

    The current limit is 1:400. I think most people know what they’re getting into when take on such a high leverage. With a 1:400 leverage one loses all his money if the investment goes down 0.25%, but the money doubles if it goes up 0.25%, and triples if it goes up 0.5%. It’s common sense that this is risky, and anyone stupid enough to invest all their money in such an obviously risky investment, deserves to lose it all. I find it condescending that the CFTC thinks we don’t understand something that a 4th grader could understand. Such a high leverage should be an option in case someone wants to invest a small percentage of their portfolio with a high leverage. If someone is very skilled at Forex it ought to be their right to see just how high of returns they can get, by trying out higher leverages for some of their portfolio. What are your thoughts?

    you do realize you are posting this on a forum filled with people that cannot read more than two sentences and ask things such as "if pelosi pooped in a waffle cone would the liberals call it ice cream"?.. and whose highest level of political debate is.. it was all George Bush’s fault.

    powered by Yahoo Answers

    March 17th, 2010 by admin

    investMe.net an Arabic site offer to clients a professional Portfolio manager, who manage their accounts to make a best service with big profit monthly and small risque strategies.
    Now if you don’t have knowledge in forex trading or you don’t have time to do… investMe.net can do that!

    http://www.investMe.net

    OK.

    powered by Yahoo Answers

    March 16th, 2010 by admin

    i am looking for managed forex accounts, with decent returns.

    http://www.cayoflow.com

    powered by Yahoo Answers