Forex Digest

Keen on knowing the basic points, tips and systems to get started (and move ahead) with online forex trading.

1. Open a demo account.
2. Practise on it for a month or two.
3. Get thoroughly acquainted with the platform, system and methods.
4. Try different demo acounts with forex companies online.
5. After you've trained with your demo account, move on to a real account for live trading.
6. Choose a good broker (eg InterbankFX) supporting the Meta Trader platform. Ask for one that offers a good leverage. It's your key to profiting from the forex markets.

If you are looking for the best forex software, visit this site

http://the-best-forex-software-in-intern et.blogspot.com/

This software is the best software that can help increase your trading profit and user friendly.


Best Wishes,

2009-09-02 20:02:37 by vonnie

click here : www.etoro.com and start forex currency trading with etoro and get up to 500 $ free bonus on your first deposit . forex currency trading .

I want to attend forex trading classes then get into it seriously. I have a laptop, internet, study commerce and interested. I want to turn it into my career. But then I wonder if online forex trading will be there long enough. Can online forex trading just get finished together with my career anytime soon? Also how much could I make weekly if I'm really good by July if I invest 100$ in June?

The good thing about forex trading is that you can learn it risk free. Yes, risk free! All you need to do is open a demo account with any forex broker. You can do that in five minutes on the internet and start with forex trading. On the demo account, you will be provided with real time data that you can use to make buy/sell decisions but you will be using fake or virtual money. Since you are not using your real money, you are not going to lose even a single cent.

If you want to play tennis you need to practice. Same with forex trading, with a practice of a few weeks you will be confidant enough to start live trading.

The sites you can refer for forex trading tips, recommendations, news and updates are:

2009-04-21 00:06:03 by __A_YAHOO_USER__

I have always wanted to trade forex online and have done a lot of reading including attended a short course. Now I’m looking for a genuine online forex system to use. Please share what you actually have tried out and found profitable.

P/S Please don't share what you have not tried out yourself, please.

2009-10-22 05:18:19 by Yusuf

What are the best reliable websites for online forex trading and what are your helpful tips for the one who just started to get acquainted to this? Thanks

forex trading is for pros with lots of experience and deep pockets.

98% of all new traders, even in easier lines such as trading stocks, lose some, all, or more than all of their capital within the first two years -- according to one psychologist who has studied traders and trading for over 25 years.

this effect is so reliable that forex is one of the areas in which "bucket shops" still exist. A "bucket shop" is one that acknowledges your trade and then throws the chit for it into the bucket -- they never actually have the orders filled because they know that the odds of you winning in the long run are 1 in 50. if they're patient and keep good records, they'll almost certainly end up with your money. And, by not having executed the actual trades, they pocketed all the execution fees [which, btw, you paid]. [Sure ... they occasionally lose a bit -- but with 49 guys paying them for each one who takes some home, they can afford it.]

2008-10-21 20:44:38 by pc

is there any minimum requirement to open an online forex brokerage account? such as financial background, nationality or experience?

It depends on the broker. Some have minimum deposit requiremens, country limitations etc..

If you are a beginner, I suggest you to use Marketiva, which is a very good platform to start trading with and very easy to use.

Marketiva gives you 5$ real to start trading so you don't have to deposit and if you made profit from it you can cash out, this is why it's very good for beginners. Their platform is very easy to use and they have support during trading hours.

Their spreads are very good, there are no min requirements to open an account and you even receive 5$ free.

To open your account please visit http://www.marketiva.com/index.ncre?gid= 3371

2009-08-31 02:25:12 by Kelvin