Forex Digest

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

www.dihusky.com Learn to trade Forex for profit not loss, learning Forex trading and learning Forex technical analyses is the basis to successful ...

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

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

can it really make sort of income?
is it really safe?
have you got any personal experience?

Forex is the most dangerous trading form right now. Investing in equities are much more safer. To be successfull in forex you must have:

- a large capital to invest
- know where the market is going
- a godd guessing technique
- good information about the market

If you are a ew comer, I prefer to invest in stock. They are far more predictable than forex.

2009-05-11 00:56:45 by Basel

Always wanted to do it!

First of all:

Do NOT buy into the forex robot hype! They are 99% worthless especially for a beginner trader.

I would focus on these things:

Read as much as you can about basic forex education

Open a demo account or make small deposit

Decide how much you are willing to lose and dont deposit more than that

Join an online forex course from a reputable teacher

I have a friend who makes most of his income trading forex and these were the steps he followed.

Please don't be a victim of the get quick fast money schemes!

2009-04-07 14:19:02 by Linus T