Comments for Online Forex Trading

Comment on Q&A: How can I make money Forex trading? by shashi kumar

shashi kumar — Thu, 09 Sep 2010 05:23:46 +0000

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Comment on Q&A: How can I make money Forex trading? by Adam

Adam — Thu, 09 Sep 2010 04:57:23 +0000

babypips.com is all about learning to trade Forex and what tools, technical analysis you can use to do it. It’s very difficult though, not only is the market extremely volatile, but trading times can be somewhat wonky (some of the best trading happens when European markets are open…but trading at 2am in NY is a little ridiculous to imagine).

Also, it’s different than stocks because you can see minute by minute how much your investments are moving and it can get very emotional.

I lost about $ 2000 in Forex, after trading fake funds for about 6 months. It’s really hard to get a handle on, but the first step is to make sure you have enough money (and a good understanding) to play the game.

Comment on Q&A: How can I make money Forex trading? by Jason O

Jason O — Thu, 09 Sep 2010 04:45:45 +0000

A traders biggest enemy is his emotions. Every trader experiences fear and greed and this is the number one reason why most traders fail. I also found it very difficult to stick to my systems rules because I lacked discipline. In order to be a successful trader you need to be able to stick to your trading system and control your emotions. However as you probably already found out for yourself this is easier said than done. For me I found success in the Forex market when I switched from manual trading to automated trading using a EA system. Give this a try: forexfunnelsystem.info

Comment on Q&A: How can I make money Forex trading? by JohnGalt

JohnGalt — Thu, 09 Sep 2010 04:05:56 +0000

If trading was easy, everyone would do it. You are competing against everyone else, including me, so why would we want to teach you how to make money from us? That is the FIRST thing to understand.

Comment on Q&A: What would be your candid advise on forex trading? by evermore

evermore — Thu, 09 Sep 2010 00:31:42 +0000

You can open an free Marketiva forex online trading account , 5 USD live fund and 10000 USD virtual fund already in your account.!
Open an free account and get $ 5 reward!
http://www-forex.spaces.live.com

Comment on Q&A: What would be your candid advise on forex trading? by wartz

wartz — Thu, 09 Sep 2010 00:18:06 +0000

If you are a small fry, stay away. Period.

Comment on Q&A: What would be your candid advise on forex trading? by Peter T

Peter T — Thu, 09 Sep 2010 00:04:25 +0000

Forex trading is like any other commodity – pork bellies, sugar, corn, wheat, beef carcasses, just it is commodities on speed. What you don’t have is the luxury of time to go back and forth in your decision process.
You ask for a market – get one – buy or sell- and you are out on a limb for up to 99% margin. Time ? maybe 60 seconds to be on the hook for 100 times your available cash.

You should run the practice accounts that the forex dealers give you and see how you do. If you lose you should seriously reconsider. Study – analyze your mistakes – ask for a second run at the free account.

Forex is not for the faint-hearted.

Comment on What is your pick for the best currency pair to trade in FX? by kdog61

kdog61 — Wed, 08 Sep 2010 23:19:36 +0000

Whatever is trending, check the highest liquidity pairs, check your 4H charts, trade with the trend, in the channel, youll never go wrong!