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Hi, you can get information in
i also suggest a great site with plenty of Issues related to your Investing and everything around it. it also provide clear and accurate answer to many common questions.
I am sure that you can get your answers in this website.
Good Luck and Best Wishes!
I use a great website called Micro-Bux. You should try it!
Focus more on fundamentals than technical analysis. Economic news analysis is what moves the markets.
Here is a free site that shows what has happened after economic news releases:
http://www.forexnewspatterns.com
it all depends on how you go into it. in order to be able to make money in it, you HAVE TO THINK LOGICALLY!!! as soon as you put your emotions in it, you make irrational desicions and can lose all of your money. my dad makes a living off of FOREX and he has been doing good because of the way he trades.
A VERY good site is http://www.babypips.com.
Tons of useful information. Hope it helps!!!
Get the lowdown here.
Stock markets are where you buy and sell shares of companies.
The forex is an international exchange where you buy and sell currencies of different countries.
Many people on Yahoo answers like to ask fake questions. When you ask "What does "forex" stand for," you sound like you are pretending to be a neophyte. In another post, you appear to be pretending you are an At first glance, you appear like you might be a so-called "troll." VB appears to have jumped to the conclusion that you were a troll.
Forex is a legitimate way to make money. The biggest problem is that many average try and enter the forex market with minimal knowledge and attempt to make huge profit. Novice traders use the maximum leverage available to them and bust out quickly. Forex trading takes time and education to master. It is not something too be entered into lightly.
Money management and discipline are not are two of the most mental games that need to be understood. Do not enter the forex market unless you are willing to put in the time and effort.
In a piece of advice-
First off, if it was that easy we would all be doing. The whole world would be one big happy rich place.
Second, never take any stock tips from anyone. Learn HOW to INVEST (not trade) in stocks and then do the due diligence yourself. Understand what it is you are investing in.
get wrapped up in the hype of 1000% returns etc etc.
Stock place where you buy/sell stocks.
where you buy/sell currency
Secrets From The has reduced risk Advisers, custom programming and a FREE margin calculator. Check it out.
First, forex is not investing and is a risky venture. Second, see the sites below which might help you understand stuff. Third be VERY careful because there are lots of people in this arena who claim to have found a way to make money from forex and the vast majority are failed currency traders. It is far better that you do the study for yourself and come up with your own method… it is HARD work!
Yes that is correct. ? means Foreign and ? means Exchange.
If you check this site (it is in Korean xD), if your search ?? they show you the amount of Wons(Korean money) to USD, JPY, and Euros.
Forex is for trading currency, not stocks.
The only people who make any money are the guys behind it > dumb money from gullible fools with ideas of getting rich without working.
Hi Abby
I have been trading with Vladimir Ribakov for over a year now. I have 3 of his Forex Trading Systems which I must say have made me a ton of pips already. I have complete trust Vladimir. Now I hear about announcement of Bob Iaccino joining the team, I can say this is going to be one hell of a good trading year for me.
x
Well since you are more concerned I suggest you to hand on with forex realted forums.
the most active one is
http://www.forexfactory.com
Also there is a lot of guide you should read which will give you more idea.
It is not a company, there are many different forex brokers, some which will be suited to your needs more than others. As you have very little understanding of forex, I would suggest that you do not even attempt to open a real trading account. You would be best suited with a broker like eToro, their speciallity is for new traders and their pla.tform is not over complicated. Another plus side is that they have an unlimited demo account, which would be a major bonus for someone with such little experience
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 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. a slightly negative sum game as the Forex broker takes a small percentage each time in the spread. 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 than you.
There is a lot of luck in Forex, and if you have a dummy account, 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 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.
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. like playing poker with people better than you, with the house constantly taking a small percentage from the pot.
Yes, it is possible to invest in forex without a broker, however, you would need to have a huge investment capital to make any significant profits. The most thing about a broker is that they give you leverage, so you can control a large amount of currency with only a small investment. Brokers also make it easier to open and close trades, especially now with online trading software.
You need to learn a lot on how forex operates before you invest. First you need to know how the industry operates, know which strategies are the best to use, practice on some demo accounts, find a good broker, then invest. If you are a newbie. I recommend to begin reading some tutorials for highly informational guides, videos, and e-books for free. best of luck.
4. Using the technical analysis Elliot Wave Principle software, Bsmtprediction provides Forex Traders with FREE access to AUD/USD, EUR/GBP, GBP/USD, EUR/USD, NZD/USD, USD/CAD, USD/CHF, EUR/JPY, GBP/JPY & USD/JPY daily currency forecasts through this website. At Any Time / Any Day straight away post the signals here in real-time if any triggered) 1 hour, 4 hours & daily time frame forecasts are published on this site. The predictions are good from the moment they are published until either it reached the take profit target, hitted the stop loss or another new prediction of the same currency & timeframe unveils on the same / following day. Essentially, the prices shown are for an unknown period.. why we encourage you to subscribe our FREE Google Groups newsletter to get the latest signal updates sent to your e-mail from the very 1st minute it surfaces the net..
yes. definitely. U have to use your brain though. Use a forex trader who provide a chance to practice and also a little amount to invest in the real market before you use your own money. I know only one such provider. In other providers ask more and more complicated things never give anything to invest in real market.
marketiva is the best forex trader available and it also offer 5$s free to do live forex trading. And 10,000$ to prctice in demo account. And do not forget to veryfy your account by providing necessary details !
Explain the so-called "Balance of payments" (BoP) concept and how it relates to the foreign-exchange ("forex") market under:
a) a floating-rate regime;
Under a floating rate countries the are running trade deficits will see their currencies fall in value and countries running trade surpluses will see their currencies rise in value. This assumes that all are using a floating rate.
and b) a so-called "pegged"-rate regime. Many developing countries, such as China, prefer a pegged rate – how does this limit their economic policy options, especially in dealing with problems such as inflation?
Smaller countries will often peg their currencies to generate stability. The fact is, many smaller nations do not have currencies that are widley traded so to maintain viability and credibility it needs to be pegged.
China is unique and it pegs its currency for a different reason. goal, up until recently was to keep the value of their currency low so that their will be much cheaper.
Generally a country that pegs their currency has not problem with inflation unless they peg it low. Countries that peg their currencies low can reduce inflation by simply letting their currency float.
The real problem is that countries that have pegs usually have a problem with deflation and they have to depeg their currency to their economy.
make sure you get some software where u can practice your out with play money until you invest for real,
using the software below to practice, practice, practice before i use real cash