I want to start investing in forex, and i dont know how to begin, concepts like pips that look me in Chinese.

Does anyone have any idea how I can start trading Forex and earn money?

Whoa!
You remind me of me. and I started to trade Forex few years ago I did not know anything!
Luckily i found a site that helped me a lot and now I earn good money..
If you want to see my site I wrote you the link resources box here.

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I dont want to buy and sell spot forex or have one of those "game" Forex Accounts. I fear a depreciation of USD. To protect myself I want to research as to which currency :
– Appreciates BEST against the USD. By that I mean RATE of appreciation not absolute value.e.g. Rate of appreciation of CAD against USD is highest in last 6 months but the absolute value of GBP might be higher.
In that case I want a currency like CAD.
– The Fundamentals of that currency are NOT likely to be influenced by the US Economic Scenario.
Any currency in the thoughts.
Please give me your valuable explanation, too.
Many thanks and God Bless !!!

With a recovery or any normal economy you may be correct, but with a double dip recession you may want to rethink your strategy. 90% of the Canadian population lives within 100 miles of the US border, so to say the two economies are not interconnected, or to say that what happens here will not happen there is pretty far-fetched.

The Dow futures are trading below 10,000 again, down more than 1%. The CAD is down more than 1%, oil down 2%. The USD is going to continue to be the safe haven for risk aversion, and should continue to strengthen in a declining world market. You can play the USD basket directly through the DXY on the NYSE.

Currency ETFs are a way to play any dollar-related trades. These ETFs are just as good as trading spot forex. The only difference is that the ETFs are not leveraged.

•FXA – Australian dollar
•FXB – British pound
•FXC – Canadian dollar
•FXE – euro
•FXY – Japanese yen
•FXF – Swiss franc

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

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

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

http://www.forex-learning.com/forex-trading-technical-analysis/forex-trading-technical-analysis

useful e books:

http://forexmarketsuccess.com/forex-ebook/

Blogs

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

http://www.forexpeacearmy.com/

http://begginerslearnforex.blogspot.com/

Compare Forex Brokers

http://www.goforex.net/forex-broker-comparison.htm

http://compare-forex.com/blog/

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I would like to know where I can sell advertising space, articles or links that i can put into my emails to promote other peoples stuff and so on…

email me at gemsholdings@hotmail.com
to discuss further on your list

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A friend of mine told me he had just written a computer program to win money in Forex and it guarantees profit. How is this possible? Even if it is, why is not everybody doing it?
ps. my friend disagreed give any details about the program he wrote.

Hello,
I think your friend is having you on a bit.

There are no guarantees in investing or everyone would be doing the same thing.
However there are ways to reduce your risks by study,advice, automation, just a to name a few.

Please have a look at www.forexconnector.com and there are I think a dozen help articles to read as well as good products you might consider if you decide to trade.

I have traded since 2005 and to all the voices of doom that have given you advice- you can make a good living from Currency trading – you just have to understand it and be smart and single minded!

good luck

bill

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I have heard that most of the people who invest in forex lose their money. So why do people continue to invest in forex? It seems that this speculative investment is very risky.

Most people invest in Forex because they see it as easy….. and they’re going to be one of the few that "makes it".

Few realize that the small minority that makes money in Forex work very hard and can take years to perfect their skill.

The way BlueFX lists the reasons to be in it….. are irrelevant to the quick pace & need of extreme skills in Trading Money Management.

24 hour availability… misses the point that during slow periods…. the volatility can be a killer.

Forex Robots only work for the already successful trader that’s been doing this for many years. It’s ridiculous to think everyone can easily become rich using them.

Saying short selling is available in FX…. misses the whole point…it’s not really short selling. You’re just favoring the other side of the currency pair…. it’s the opposite trade. It’s not shorting.

I’d go after the other points…but I simply don’t have the time.

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I want to learn all I can about this company, before investing any amount

I dont know from your question if you think forex is a company or not (it isnt).

Also there is a misconception that FOREX is like investing, like you buy something and you keep it and itr grows in value. Thats not true, its speculation on short term price variations between currencies, to make money you have to do it over and over again and be right. Statistically 95% of people who open a forex accountlose it in abut 3months. Its not impossible (I have been doing it for one year) but I suggest you read up on it.

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Just curious as to which option is the best option if you want to become a millionaire on the stock/forex markets out of speculating or investing? Also, which is the best recommended and what are the advantages/disadvantages to each of them?

Investing requires thoughtful study and the use of analytical techniques proven to enable one to track corporate progress. The uninformed tend to view stock investments as speculative but the stock investor will usually call currency markets a potential win-or-lose-it-all proposition.

You wouldn’t believe the long hours an investor puts into his/her work. Credibility is on the line at all times for retail investors rely upon us for secure, meaningful information before making their investments in our recommendations.

Investments rarely lose all money invested in a day or a week. This isn’t the case alternatively in the case of currency trading. A successful investor must be vitally aware of and able to summon up balance sheet stats on each portfolio investment. Working at this is a full time job and then some, it’s not just calling the broker and placing your order. Still, it’s the greatest woork in the world for me and anyone who happens to enjoy geopolitical drama and has a penchant for detail.

Some might argue that this isn’t about safety but only about making $1 million. When luck is the premise, anything can happen. But you also ask about which is "the best way" and I’ll have to vote for investing as it can eventually lead towards big earnings. I’ve won some major gains, also have lost my share. But I know from experience a diligent investor with basic skills and lots of hard work can do it.

Len

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Is it possible to invest long term on the forex market with a margin account ? Like can I trade a currency against another and hold it for a few months ? Thanks

There is nothing prohibiting you from doing so.

Is it possible for you to hold through several hundred points against you? If you’re highly leveraged, you’ll be ruined first. Be sure to use stops.

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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.

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I want to invest in forex market.It seems more hopeful in future.which plat form gives the best analysis and free practice account with some bonus.I need real answers!!!!!!!!

If you are asking about the best forex trading platform in terms of software, I would suggest to look into brokers offering Metatrader as their platform. This has a very useful interface and there are a lot of programmers working on different trading robots called Expert Advisors to assist you in your automatic trading.

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