The Forex Trading Blog

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    My friend has opened an account with a Forex broker and invested about $20,000 in and given his password to the broker to dead. It’s about a year now and his investment has come down to 12,000.
    The broker committed to share the profit and loss of the investment.
    My friend didn’t research much before the investment and still undecided what to do with his investment. The broker now a days doesn’t receive his phone.
    I would appreciate if someone has some advice for my friend. Thanks.

    I am trying to learn some about Forex trading also. I found this site, which may be helpful.

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    January 4th, 2011 by admin

    What is the best platform to trade real forex? I mean, considering most of the features, like if its trading software is good, if it’s reliable, if the money transfer of deposit and withdrawen is fast, if it’s convenient to do trading with it, if the support is fast and effective, and so on and so on.

    Is there any good platform support Paypal or has european bank account?

    Thank you for informations. I’m planning to do real trade, but first only with a mini account.

    If you are looking for the best forex auto pilot software, check out this site

    http://make-money-with-forex.org/

    Here you’ll find the best software that can help you to increase your profit automatically

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    i think they’re called the market makers

    Basically this is how it works, brokers are able to monitor n notice where are all the stops placed, so they can easily place an order against ur stop. Eg, if u place a SELL stop @ 1.3000, they can place a BUY trade @ 1.3000 against you to trigger the trade… hope this answers ur question.

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    December 1st, 2010 by admin

    I am new in forex trading business. I would like to know if somebody has they experience with good broker? Please advice.

    My definition of good broker is;

    Quick response from the Customer Service people.
    We can contact them almost instantly each working day.
    They are ECN.
    They charge small trading fee.
    They offer great programs
    They are regulated by as many regulation body as they can get.

    But you can always find reviews of brokers at forex peace army

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    What forex broker can provide me with a good trading bonus?

    By clicking on the link on the next page and registering you will be able to get up to 1000USD trading bonus.
    Hope this helps

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    can i do forex trading in india online like equity trading?
    brokering firm name of forex market in india?
    one more thing can also get exposure amount for trading in forex market if yes than how much ( like equity market )

    Providing you choose a forex broker that accepts payment solutions available in India then you shouldn’t have a problem.

    Please see below for forex broker in india, they also offer a white label forex solution as well

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    Tax on Forex Trading

    Pretty simple. You calculate your returns in Canadian dollars. How else would you know whether you’re making any money from the trades?

    You can convert each trade to Canadian dollars, or, calculate your profit for the year (in US$), and convert it to CA$ at the average exchange rate (published by CRA).

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    Sure you can. Do a Google search on "Oanda FX Trade". Oanda is a decent forex broker that has no minimum deposit requirement to open an account.

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    September 20th, 2010 by admin

    Any references would be appreciated!

    There is no good FX broker…. only ones not as bad as others.

    My two favorites are;
    GFT
    InterbankFX

    If you’re a US citizen…. stick with a US based firm. Regulation is a little tighter (which is much better for you).

    GFT keeps in touch with you and their platform is pretty good (like the charting abilities, compared to most).

    Warning: If you’re new to trading…. use paper trading to learn the platform….. but know that results on paper trading are no where indicative of how you’ll do with real money.

    Knowing Technical Analysis is critical to your success….. but without exceptional trading money management skills it won’t mean a thing.

    Read;
    Millionaire Traders By Lein & Schlosberg

    If you go into this thinking you’ll get rich relatively easy…….. consider yourself clueless & dangerous to your own financial health. If you think using a "robot" or some trading service will help you get to your goals…. ditto.

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