Forex Currency Trading Knowledge Base
Anyone currently doing any Forex currency trading? As with any investment, I understand there are risks. However, I am seriously considering taking the online training course offered by Forex on Currency Trading. It seems too easy to make money and I believe there must a catch. I'm only going to invest what I can afford to LOSE! But I would love to hear from someone already trading or have traded!
Can you tell me about Forex and currency trading? I really should get more educated before I decide if I would like to do this. Basically if you could give me a brief overview of currencty trading. Also, how much would I need to have in my forex account to actually make it worth the time and effort of trading and to be able to make any money? I'm a college student so a couple hundred bucks is probably all I could put in adn that's even stretching it a little.
Does anyone here invest in forex currency trading where you just invest and they trade it for you.? I saw a few in a google search talked about 20% returns and stuff but they were not in the US. I don't want to risk anything outside the USA. Please only reply if you have done it or are currently doing it. Please post links of anyone you recommend. thanks As I said please don't reply if you have no "DIRECT" experince with investing in one of these. I know the risk's i'm looking for a ligitimate company that's why I asked for someone that is doing it. I don't have time to trade it my self I already trade futures this is for someone else that has an extra 50k to risk. That link doesn't work to the blog.
Currency/Forex trading company in Las Vegas? Is it normal to have a currency trading and currency trading based investment business based in Las Vegas. Las Vegas is the sin city, is it logical to assume then that a trading and thus speculation company is possibly not legitimate and is operating more of a gamblers multi level marketing, pyramid scheme type of gig other than running a legitimate investment operation?
forex currency trading ? I am from asia . I have opened up a accont at forex.com now I want to know which is the best way for me to deposit money in the account . so that I can deposit as wellas withdraw my money without any problem ? credit card ? wire transfer ? or open up a bank account in usa and then transfer funds ? the 3rd option was suggested by one of the friend , plz help me i m confused
How does Advanced Currency Market / Online Forex work? I need your help! There is a so-called ACM, a company in Dubai that works on forex trading and currency trading. Honestly, I almost don't have any ideas about how this thing works. It's like I have to open an account and invest money. I don't know how it works. How will that benefit me? Will it make my money grow? And there's some kind of a software that has a lot of buttons, numbers, options, etc. I really can't figure out how it works. Please help me!
Online Forex Trading platforms company info ? Any one know more about Online Forex Trading platforms company info say to me and about beginners forex trading and forex currency trading and forex exchange rates and with forex trading education and learn forex alerts with forex trading systems software strategies thanks for you all
Has anyone ever tried forex or currency trading is it a scam or is it almost impossible to make money? honesty is very important TO ME I AM NEW TO CURENCY TRADING AND I HAVE ABOUT 500 BUCKS TO WORK WITH from what i hear forex itself is not a scam but other software associated with it any one with trading experience preferabLy two to three yeARS your inPUT in this would be very appreciative if anyone could HELP ME AGAIN I WOULD VERY MUCH APPRECIATE IT. ALSO I WAS WONDERING HOW MUCH TIME IT TAKES TO MAKE A PROFIT
How do I set up forex currency pairs to watch in my Yahoo Finance page? I just started trading Forex pairs and I need to be able to collect price data for the last 10 time periods (hours, days or weeks) so that I can input this information into my trading platform to give me an idea on where the price of the currency pair will move next. Can anyone tell me how to get this info into my yahoo finance page so that it updates with the movement of the currency pairs? Any suggestions will be greatly appreciated. Thanks in advance!! Patrick
Hedging forex risks when trading currency for profit.? If I were to trade USD/GBR on forex market, what sort of hedge would I use to reduce my level of risk? Ie would I buy other currencies at the same time, or use forward contracts / future contracts or even options. Which is the most common and effective. Thanks
I want to learn the basics of forex trading? what is a simple online free demo. I've tried forex.com, and I couldn't understand anything on the site. I just want a simple one to learn the different aspects of currency trading. Please no winning strategies. I'm not interested in learning how to make money, just learning the basics.
Can I make $10 an hour trading forex currencies? I have studied a lot of technical analysis and played a little with forex.. currently i make $10 and hour .. I was wondering if it was possible to make just $10 an hour trading... if so let me know i'd love to quit my job and stay at home all day How much should I have in my account? Leverage? What broker?
What is a good Forex trading service? I'm thinking about getting into some currency trading. What service should I be looking at to do this type of trading? Can you give me an overview of the process and setup to do currency trading?
Does anybody here earn money from currency trading? I don't want to see a lot of stupid adverts for forex. Is there anybody here who has consistently earnt money on leveraged forex trading? A clue to the secret of your success would be nice :-). The internet is filled with forex rubbish and I have not met one person yet who actually earns.
what is the best forex trading system for a novice investor? I am interested in trading currency. I attended a Premiere Trade work shop and know that there are much better, less expensive, systems out there. I also know that there is no such thing as "get rich quick" but i understand that you have to spend money to make money. Please give me a realistic answer.
What Currency is the best to buy right now? I just opened a Forex currency trading account. I have been trading stocks and options for a number of years. I was thinking of moving into the Euro from the dollar because I am concerned about U.S. Dollar weakness moving forward but I see that the Euro is trading at 1.32 to the U.S. dollar now, that is nearly an all time high. Anyone here trade currencies? What currency is the best to buy right now? There are no commissions. I am somewhat familiar with currency markets and I was asking for opinions not condescending put downs so the first two answers are uncalled for.
Is it correct for one to trade in currency forex offline (from Bank to Bank?)? Would like to find out if individuals conduct offline currency trading from one bank to another with a view to make profitss. I would like to do that personally given the income potential it has (am a student). What it means is I can use capital to Buy & Sell from one Bank to another according to daily rates. Is it anything new? Are there threats to this endeavor?
Forex, Currency trading taxation in Canada? Hi , I live in Canada and I'm doing very well currency trading . I would like to know how much taxes am I gonna have to pay at the end of the year. And is there a way that the canadian government can find out how much I made this year or I can simply declare how much I feel like declaring? Thank you.
Forex Currency Trading? I read everywhere that 95% of forex traders are losing money. Why is that? I have one of their practice accounts and I have a huge profit so far. Is the practice account really live exchange rates or is it rigged to make you think that you can really make money?
Is there any intelligence to trading FOREX or is it merely subject to interbank flows and basic supp/demand? How can one trade forex in a manner that least resembles gambling-- over what period of time can one see some logic to a forex trade? Who are the main players that govern the price levels of currency and what effects do individual traders have? how do hedge funds trade currencies? Does technical analysis really work? The idea of of using tech analysis seems so silly--what is the theory behind it? Any additional information you may have, I'd really appreciate.
is a forex currency trade scam or not? recently i found that everyone can trade online with Forex and they even offer you a demo of ther trading platform. My q. is this a big and nice scam or something real?
Any one know about Forex Currency Trading? I would like to know any important details about Forex, mainly costs of commision fees if there are any (I am sure there are) and if this is the best choice for currency trading. Thanks!
How does Advanced Currency Market /Online Forex work? I need your help! There is a so-called ACM, a company in Dubai that works on forex trading and currency trading. Honestly, I almost don't have any ideas about how this thing works. It's like I have to open an account and invest money. I don't know how it works. How will that benefit me? Will it make my money grow? And there's some kind of a software that has a lot of buttons, numbers, options, etc. I really can't figure out how it works. Please help me!
Which online Forex brokers will let me trade the chinese yuan (CNY) currency? I am looking for an online forex trader that will let me trade the chinese yuan (CNY), but I've found that they don't seem to list what currencies you can trade through them. Does anybody know how I can find out (via the web) what currencies a forex broker trades? Ideally, I want to find one that trades the major currencies in addition to at least the chinese yuan, and has high leverage (200:1 or 400:1).
Forex trading? What are the risk of trading currency with Forex trading? I live in China, but wants to try trading currency with Forex. One of the operator asked me to send the money across to them in USA and start trading in minutes time. I don't know much about currency trading but they said they will offer me a course to get me started. Do I engage in this business?
Currency/Forex trading company in Las Vegas? Is it normal to have a currency trading and currency trading based investment business based in Las Vegas. Las Vegas is the sin city, is it logical to assume then that a trading and thus speculation company is possibly not legitimate and is operating more of a gamblers multi level marketing, pyramid scheme type of gig other than running a legitimate investment operation?
Forex Currency Trading? I am looking into opening an account with forex and I had a few questions. I have on of their practice accounts and I like it but some times the exchange rates do not change. The rates freeze up from time to time. Why is this? Is the market closed at some time? Also is this just with my practice account or does this happen with live accounts too. Another question is what is the minimum investment that you can start an account with and be able to trade? I know its like $250 or something, but when you trade, the smallest amount is like $100,000. I know that with leverage that can be $1,000 but is there any way to get that lower? Thanks for any responses!
How trustworthy is Forex.com for trading currencies? Please save your energy by not telling me there are risks involved in trading foreign currency and that if it sounds too good to be true it probably is. I know these things already. I just need to know if I can trust Forex.com. Thank you. cs> Your link is broken. flying> Your link is from the same site in question. If they were shady, I definitely wouldn't trust their own listing of awards. Maybe I should restate the question. I don't need links to other forex-like sites offering similar services. Then I'd have to ask about those as well. I need to know how trustworthy "FOREX.COM" is.
Does anyone trade currency, Forex ? Do you trade with personal money full time? What kind of profits can you expect over a year? What would you recommend be the initial starting capitol?
Forex Trading? When trading currencies if the VALUE of the american dollar decreases(drops) does this mean you should "automatically" buy up more of the foreign currency you have invested in
Currency Problem? Hi, i have run into a problem with a forex currency trading market information website. They say that you will make a profit if you enetr into a short position with a currency pair of EURUSD and the face value is $10,000 and the terms value for each base value is $1.35 and say you purchased it for that price and then sold it for that same price ($13,500 USD) becasue you forecasted that the price of the EUR in USD was going to go down (ie. short position) then after it went down say 10 cents USD then you purchased it back for $12,500 then their is no profit your just saving money. ie. Bought 10,000 EUR for $13,500 USD (1 EUR = $1.35 USD) Sold it for USD becasue you forecasted the EUR to go down in value in USD = $13,500 USD The EUR went down in value in USD by 10 cents thus making the EUR worth $1.25 USD now so you buy it back for = $12,500 USD Thus, $13,500 USD - $12,500 USD = $1,000 USD not profit but the money you saved. "You sold 10,000 for $13,500 which is now worth $12,500, thus the net gain is $1,000." Umm how is that a net gain you start with $13,500 USD in EUR which is 10,000 EUR and then sell it for $13,500 USD (not making any money on the sell which is part of a short position) and then you buy it back when i goes down in price say for 1000 USD less ($12,500 USD) which is no profit at all but you buy the same amount of EUR as you did orignally for $13,500 Usd for $1000 USD less and the website i was on said you make a profit http://www.theforextrader.net/learn-forex-tutorial.php This is directed towards The Man. I understand the short position concept of borrowing the shares/money and making a profit but the website i was on mentioned nothing about borrowed money to buy the EUR with USD. The website's information must be faulty and the publisher really should learn the money markets.
How currency traders mint money? Forex trading is becoming a favorite of currency traders. Forex trading can be confusing for someone new to currency trading. The market also draws many people in because it has so many advantages over other types of trades. can anyone explain me.. what is forex trading? how forex tarding is done?
FOREX:Euro -USD pair. Can any one help please? In FOREX Trade, when I trade Euro-USD pair, there is ALWAYS difference of 3 points, for example if I buy, I have to buy ( for instance at )1.3144 and if I sell the same, I will have to sell at 1.3140. What this means is that the moment I buy currency. I am already down 3 points and of I have to EARN a pip, the currency must move up at least four points just to gain a pip and on the other hand I am already down 3 points the moment I enter the trade! Doesn’t this mean that the CHANCES OF MAKING MONEY ON CURRENCY TRADE ARE JUST 1 in 4 or a meager 25 percent!!!!!!!?????? I am new to FOREX trade , so can you please give me FOREX trade tips- which currency pair to trade and which not to. also highlighting the ADVANTAGES AND DISDAVANTAGES OF FOREX trading. I will appreciate SERIOUS replies. Thanks
I need to know the number of Yuan traded daily on the FOREX.? For this research project that I'm doing, I need to know either the actual quantity of Yuan (the Chinese currency) traded on the FOREX each day, or the percentage of the FOREX trading that is done in Yuan, or any information that can lead me in that direction. REFERENCES CRUCIAL, because I need a bibliography.
can i do forex trading from india ? can i enter forex market from india ??? what pairs can i trade on from india ? Rupee(Indian Currency) : USD Rupee : Euro ??? what exactly i can trade on ??
Forex/Currency Trading Question (see details)? Is there ever a situation where (assume all exchange rates are hypothetical) you could trade $10 US for 5 Euros, then trade those 5 Euros for 1000 yen, then trade those 1000 yen for $20 US (all trades happening as quickly as possible, maybe within seconds), i.e. the exchange rates don't all agree at any given single moment in time. Some times I hear that the US dollar went up against the yen bet fell compared to the Euro, does this automatically mean that the Euro also went up compared to the Yen? Do exchange rates only take into account the two countries whose currencies are being compared, or do they also affect other countries indirectly? Thanks.
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