10
Jan

what can you tell me about FOREX TRADING?

   Posted by: golferboy   in Investing

King questioned:


I am interested in doing some trading with FOREX TRADING have any of you ever dealt with them?

Six Figure Income for YOU!
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This entry was posted on Saturday, January 10th, 2009 at 11:55 am and is filed under Investing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

7 comments so far

Put a "Bot" on Your Site & Skyrocket Sales!
 1 

Water 4 Gas. Really?

Try forex for dummies practice first

January 12th, 2009 at 1:32 am
Six Figure Income for YOU!
 2 

Google Nemesis! SUPER HOT!

Not a excellent thought. Forex trading is just too much to handle. Because Forex never closes. they trade 24hours non-stop. Plus there are many factors global factors affecting Forex. One person cannot follow all these factors all at once. it is impossibe.

My Advise, trade stocks, you will learn more, believe me.

Excellent Luck

January 15th, 2009 at 9:22 am
The Secret Affiliate Code!
 3 

Google Nemesis! SUPER HOT!

Forex trading can be very perilous and 95% of traders end up loosing there accounts within the first couple of months. Not to be discouraging but education is very vital when you first get involved with the fx market. I found to be very information and educational.

Also If your looking to minimize your risk in the market I would suggest using a hedge strategy to limit the volatility in your portfolio. Check out this article at Zimbio about how to hedge your account in the forex:

January 17th, 2009 at 10:42 pm
Six Figure Income for YOU!
 4 

Six Figure Income for YOU!

I agree really with Smart Forex Investor , you have to take your time and be very very careful or you can lose your shirt (or more)

Read about it, get starter courses and when you feel ready get an account, a mini type that you can dummy trade on and do dummy trades for as long as it takes to get comfortable and confident.

A word of warning here, with dummy trades it is simple to be unemotional as real money is not involved. Once the real thing gets involved it is much simpler to fall victim to greed and doubt i.e., push a trade to far in the hope of squeezing all the profit out or follow it down in the hope it will reverse.

Doubt, similar to greed but indecision on when to get out or even into a trade.

So dummy trade until the mechanics are second nature and then trey the smallest trades possible and see how you react to events to assess if you have the mental set up to do it. If you don’t (and that’s not a terrible reflection on you as most people do not) then I’d advise trying equity spreads which can be less vicious or even just excellent ancient real shares in a trade on the dips or cycles way.

I’ve recently started a blog on forex (link below) which includes some articles and links to further sources e.g, which is a site offering a free forex basics course as well as a paid product.
Hope this helps and excellent luck making money :-)

January 18th, 2009 at 5:42 pm
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 5 

Six Figure Income for YOU!

In my trading experience, the Forex market is the simplest to start with. It’s a fantastic place to get your feet wet if you’re completely new to trading.

But, it’s also very simple to lose money if you don’t know what you’re doing. So here’s what I suggest you can do:

1. Go to and learn as much as you can about Forex trading.

2. Sign up for a free DEMO trading account and start practicing. But what ever you do, don’t trade with any real money yet!

3. As you learn more and start becoming a profitable trader, try trading with a mini-account (real money). But remember, trade with only a small amount of money that you can afford to lose. Never trade with money that you need to pay off your loans or for your daily expenses!

4. As you start learning new and better trading strategies, and as you start making some real money, you may consider trading with a standard trading account. But ONLY do this after you start making some money in your mini-account.

As you grow and learn as a trader, you’ll need to have a excellent trading strategy and system to follow. And whatever you do, don’t buy into online Forex scams that claim that you can make lots of money in a small period of time! Profitable Forex trading requires hard work, but the rewards are well worth it.

———————
I hope I was able to help. Forex trading is my area of expertise and I’m always glad to share what I know. If you need more information, please feel free to visit my website at

January 21st, 2009 at 12:58 am
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 6 

The Secret Affiliate Code!

You can open an free Marketiva forex & gold online trading account , with $5 reward and $20000 virtrual fund for practice .Just click the following link to open an account.

January 22nd, 2009 at 6:40 pm
Water 4 Gas. Really?
 7 

Get 3000 stations on Your PC – Small 1 Time Fee!

Here is also a excellent resource website that will help you get familiar with forex trading and strategies:

Hope this helps!

Regards,

January 26th, 2009 at 12:04 am

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