Any advice on how to get into the online FOREX market,and or/other online trading markets?
I'm wanting to b able to control trades,with only a small amount of $ to begin with.Hopefully I can gain an understanding of trading online,my present day earning potential isn't that great,and the future savings picture(retirement,rainy days)looks pretty bleak.So I'm looking for ways to supplement and improve the picture.biggest problem=low beginning investment capital,can't go more than 1,000 to begin with.Best asset=still got a lot of time,and focused on preparing a better future.
First things first, its imperative with investments such as FOREX or stocks, you use discretionary income. Savings accounts, IRAS, rainy day funds, ect, may not make you rich, but are important to hedge against market losses and essential to your financial security. But its both wise, and okay to have a smaller initial investment. With FOREX, you'll have great leverage in your favor anyway.
Its also great you have a lot of time, but regardless if you had one week, or one century, the worst mistake you could make would be jumping in with real money first. You'd have more fun lighting the money on fire and having the same result. Practice, paper-trade, play accounts, do it once and beat out the indexes and inflation, and you're off to a great start. Do it again, and again, and again. Read everything you can about which ever investment you decide upon, or your $1000 will be tuition for the markets and what you learn. Trust me, ask any trader and the majority jumped right in with real money, lost it all, and learned what they could have learned without losing the money. Don't believe the hype and scams about "stock systems." Develop your own, formulate your own rules, and live and die by them.
But back to your request for advice, to sum it up. Practice with play accounts/demo accounts/paper-trade over and over again until you are 100% comfortable and have a good understanding of what it is you are investing in. That is the easiest and best way to get into online investing. Google search for some FOREX play accounts, these sites usually also have options for real accounts when you're ready with great leverage, 100:1, even 200:1 I can recall seeing.
Best of luck.
Which web sites shall i view in order to learn how to trade in FOREX? Any books or articles that can help me?
You can start with free websites like http://www.freeforexebook.org/ , http://www.forextopten.com/ and http://www.topforexeducation.com/ .
Then you can start practicing on a demo account (in any Forex broker of your choice).
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
All you want about Online Forex Trading platforms company with FREE trading on thise here
http://www.ifma15.org/blog/online-forex-trading/
does anyone know where I can get training to learn how to use the Elliott Wave theory. I trade Forex and want?
learn how to use the Elliot Wave in my charts.
Start here
http://en.wikipedia.org/wiki/Elliott_wave_principle
How much could one earn in currency trading?
Let’s say that I had $10,000 principle in a trading account. I am a novice( beginner). What should I expect for earnings if I profit on 60-70% of trades in forex?
There is no limit to winning. No limit to losing either.It is best to trade according to per day/ monthly target . Forex trading without strategy or knowledge is killing. Initially keep the percentage low- around 40-50 . As your trading skills increase and the trading becomes smoother go on increasing your monthly percent target of your profits.
It is best recommended to start from low targets and achieve them.
How to 100% make profit by invest online forex trading ?
Please kindly advice ? Any formulation or indicator ?
If you have to ask this question, I sincerely advise you not to trade forex online. There is NO way to make 100% profit, and even experienced traders lose money on some trades. There is no single formula or indicator, and if anyone claims there is, why should they give it to you? Please beware of all these scam artists who claim to make huge profits by trading forex. The truth is, over 90% people lose money. Only the professionals can make money in this kind of risky trading.
learn forex trading / forex lessons?
where can i find good online forex lessons, to learn forex trading?
Try checking http://www.reviewsnest.com/learnforex . They give reviews of forex lessons, that IMHO are very accurate. I used their advice to get one of the forex trading courses (not from them - they don't sell, only review), and in a few days made 9 times its cost.
forex trading online brokers
which forex trading online brokers are legitimate and not scams…trusted brokers i mean
FXCM. Go see for yourself.
Anyone trade forex and lose all his money, tell me your strory. How are they that you learn from , forex ?
Lots of people lose all their money gambling. Most of them never learn anything and lose it all again as soon as they get some more money. Forex trading is gambling and the house percentage always wins in the end.
I am new to investing and I would like to start trading currency options. How do I start?
I am not sure why as a new investor you’d want to go for such an advanced strategy - but to each his own. Finding a financial advisor that will take you as a client may even be difficult due to the risk they take engaging in stategies above the client’s comprehension.
My suggestion is to study option trading, then practice on paper (no real money), until you are confident in executing a strategy and then get a financial advisor to make the trades.