Vs. just trading the stock market?
Is it that day trading is illegal in some countries?
Is it because it requires less money?
Is it because it takes less money?
Point taken and understood.

Good evening Judy,
I have to agree with the other answerer about Forex and spam, but as you are a top contributor, I’m going to assume that you are genuine

One of the greatest draws of FX trading stems from the volatility of the movement in currencies. The price of currency pairs can shift significantly over relatively short timeframes, leading to the potential for the realisation of significant profits. Bear in mind though that these movements can equally produce considerable losses. If you’re planning on starting to trade the FX market, you should bear this in mind.

One of the other appeals stemming from your points above, is leverage (also known in the US as margin I believe). This allows you to open a position in the market which far exceeds the value of the funds available to you. Again, this creates an opportunity to make considerable profits, but also considerable losses.

The best advice I can give you is to conduct as much research as possible into the market before actively looking to trade it. I hope that the above is useful, Judy.

Yours sincerely,

Christopher Kelly

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Yes! Check the article below, it has been doing excellently recently (the link is at the end of the article).

Hope you enjoy it!

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Is it true forex robots need monitoring the market for days before starting trading themselves on their own?
That’s a feature I would dislike if so

An EA is built to enter trades when certain conditions are met in the market. If those condition are met than the EA enters the trade. If those conditions aren’t met the EA doesn’t enter the trade. Depending on what conditions the EA is built there are days when it doesn’t have trades and days when it haves.
Having said that it is true that the EA needs to monitor the market all the time (meaning you need to leave your computer runing in order for the EA to work) and depending on the EA, the number of trades varies and there are days without trades. Don’t forget that forex trading is about having patience to only take the best trades. Happy trading!

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Sorry if this question has been asked before. I’m sure it has, but I have searched and searched, and can’t find a direct answer to my question.

Anyway, I’ve heard that "effective September 28th, 2001 the NYSE and NASD imposed a $25,000 minimum equity requirement for ‘pattern day traders.’" so you need to have $25,000 equity to day trade.

Does this mean any day trading? I’ve heard that I can trade FOREX and S&P without this requirement. Is this true, or does this margin requirement apply to all day trading?

Yes you can trade Forex without this requirement.
There is barely restrictions imposed in forex trading.

14 years of full time forex trading
Asia Forex Mentor,
Ezekiel Chew
http://www.asiaforexmentor.com

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is it safe n real,
n can we expect sm gud returns with dat,
n if yes, den wat r the Applications n sites or softwares,
we can use to handle dat or which can teach us bit abt dat,

pls guide us correct way,

Thanx

hiee
monica
Angel is having a nice stuff for people,
who r luking for sm forex info ,
and abt forex trading softwares n robots,
its nice
hav a luk here;
http://www.fapturbo.com/?hop=gane125

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

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I have done well day trading stocks but have no
knowledge of forex. Do some individual traders
do well consistantly

Yes but not using forex brokers themselves.They are setup under a business model of keeping peoples deposits.They are not compensated purely from pip spreads as you would beleive.Think about a broker such as InterbankFX.They have offices staff payrolls overheads.There is no way they could turn over enough profit to sustain that from just pip spreads.Like an introducing broker.Forex is off exchange meaning unregulated.It means its a private loan agreement essentially they could just keep your money.Futures commodities and stocks are ok because they are heavily regulated.But only way to trade forex properly is through a bank sending bank wires purchasing and selling converting currencies.And for this you would need at least $20k to trade one pair such as AUD/USD.$10k of each currency.And you would need a company LLC in the USA because foreigners cant have bank accounts.Corporate is ok.AU they can have them.And of course if you lived in AU you would need netbanking with enough pay anyone international access as you wouldnt be able to go into a USA bank physically.And the same if you lived in USA you would need pay anyone international access to your AU company account to send and recieve wires etc.This can be done but why bother when there is futures stocks and commodities.Cuurency futures are fully regulated no risk of scams.

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Here In Forex Market Lot Of Trading systems Are There But Recently Rated #1 Robot is IvyBot automated trading System One of the best Feature is Simultaneously Trading Itself 4 Currency Pairs . It shown 98% Proven Robot

Here Is My User Review

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I am stuck between using a 5 or 10 pip stop trading the m5 charts, please help! My stratgey is based on break of support/resistance, therefore I believe a tighter stop could be used because if price is going to breakout it should not be turning back 10 pips. However I need someone experiencd to help?

On the 5 min – I’m guessing you’re trading one of the major pairs like the EUR/USD. The answer really depends on what swings you’re playing

My advice would be to

control risk/reward – don’t have your stop at 10 pips if you only expect to make 5. It should be at the very, very least 10 and preferably much more.

Watch the markets and try to define where the best "point" to place the stop – this is the price at which if it is hit your target will likely not be hit. For trades similar to yours I put them around the 80% retracement of the prior swing (I think there is a fib like .782 which I used but haven’t traded since the summer).

Really, just watch the market, watch the market, watch the market, be creative, be smart, and protect your money.

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I just had a thought that I believe could work in theory. I once monitored a few days of trading currency pairs and what I found was that within each day of trading forex, I could have potentially started with £1,000 and doubled it every day for 10 days and become a millionaire or 20 days and become a billionaire. Could this plan work in theory for some legendary trader with no feelings and a skill of forex trading art?

Your math is correct if you were lucky or fortunate enough to be able to double your investment everyday for 10 days. I wouldn’t however give a trader with no feelings the nod over an emotional but studious investor. Intuition plays it’s part in many experienced investors decisions. Nothing is certain to happen therefore all decisions have an element of chance. The only advantage a trader with no feelings or emotional attachments has over the rest of us is when he loses his money it doesn’t bother him as bad.

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