Question by At Home: Has anyone had any trouble investing with Forex Market?
I want to learn all I can about this company, before investing any amount
Best answer:
Answer by lucstudent
Forex is not a company.
Please show it some respect.
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Trading in currencies of the world, which is the essence of foreign exchange trading is one of the growing markets, as countries open up the various locks … [Read More...]
You may of heard traders discussing the amount of pips or points they have made or lost in a days trading. A pip, or point is simply the increment that … [Read More...]
“We learn by going where we have to go.” – Julia Cameron.
- Go to oanda.com and sign up for a demo trading account called FXGame.
- With the $10,000 in your demo account, trade as much as you can, as often as you want. What you want to achieve doing this is to be able to define when to trade, and when not to trade. Those are going to be your trading rules.
- Keep trading using your trading rules to fine tune them by making more trades with less and less losses, until such time that you are showing profits at the end of the month.
- when you are able to show profits three months in a row, sign up for a live trading account with $10.
- again, trade the $10 account using your trading rules.
- when you show profits three months in a row, add more funds to your account.
- while you are learning how to trade, read as much as you can, learn everything there is to know about trading foreign exchange.
Hope this helps.
Jim http://jsforex.blogspot.com
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.
View It Now StockTopper (dot) com
I faced many problems at my beginning, but I’m now really enjoying it and like the way i do.
Some friends recommended me some automated forex system which at first i wasn’t trust, but I found it has 60 day money back guarantee (totally risk free), so I’ve decided to buy it and try on demo account.
Really its results was wonderful and I liked it so much , so I now recommend it to my close friends.
You can see its complete features here : http://www.ForexTracers.com
Best Wishes my friend
hi….
If you wish to learn forex then go through various tutorials available on net for free. this will clear you doubts and would help you to grasp good knowledge.
Some of the tutorials are:
http://www.finexo.com/infoCenter/5553
http://www.finexo.com/infoCenter/5548
http://www.finexo.com/content/6778
http://forextradingguru.blogspot.com/
Note: these are not all. Try to explore net for learning more winning strategies.
There is a wise way to look at trading foreign currencies. Learn how ordinary people can make extraordinary incomes with FREE ACCESS to a unique foreign currency trading system at http://www.homebusiness-opportunityseeker.com/learn-forex-currency-trading-online.html