Hi, ive seen loads of guides and bots about forex saying double your money etc... but surely these dont work or everyone would stop aff markeing and use it rite?
I am playing with Oanda forex account. I sent $20 there and now I am trying some strategies with 0,001 lots. So far I didn't make any big profit in %. As I have read some success stories doing 100% a year is good result.
Trading in forex has its own pitfalls and the returns are not guaranteed. With the financial slowdown sweeping across the globe, it may not be the right time to venture into it...
Or it could be the best time too Given the sudden fluctuations of economies around the world, you can buy falling currencies in a matter of minutes, and who knows next day it could boost up again. I've been on the software for few days now, and the values fluctuate almost every second (relatively speaking) and if your prepared to take a risk, wouldn't hurt to learn the system first then play around with the minimum amount of $250 if i can remember correctly.
Maybe the best time for people who know what they do Maybe not the best time for newbies who have to learn
I am a part-time daytrader(stocks) and I would say that most forex guide/software is junk. I personally would never trade forex because the risk is too much. its an unregulated market and potentially very risky
If you happen to play for long time, you can enter; for short sellers, the swing will be maximum either way.
You are a little bit misleaded my friend, the forex market Ulike "other markets" trades both ways, so if you can acurately predict the direction of an ecconomy you're in big money. The market's that are truely suffering are the stocks and futures market where you as an investor can only make money during a bull market period.
It is always the best time if you know what are you doing At the forex market you should learn using demo account first and never open position in the real account unless you know pretty well what are you doing.
Yep! You're right indeed Could we list the best international trading plateforms and the best resources in order to learn?
I am not too experienced in forex market to say what is best. Right now, I use Oanda platform which is not so good like vtrader but this company offer to make orders like 0,0001 lot so it is something like demo (you loose only a few cents if you are not doing well). I also used vtrader from CMS (demo account) and I like this software.
Hello, I am learning forex for some years now. I am specialiced in microscalping with my own developed method. Forget the EA'S. Ea's dont work. I watch charts of micro time frames such as 1 sec, 5 sec ,10 sec etc. In this way I can take money first and leave first from the market. You can check my method in youtube and if you are intersting about the results of the method you can find links there. http://www.youtube.com/watch?v=uK3FBx12fGk Here is a pic of the system in action
Could we list the best international trading plateforms and the best resources in order to learn? [ please - do not spam or try to sell something ]
I too trade ........week just started im in 3rd place in top 10 traders this week .only reason is it just started im not big expert
etoro im just going with big trades less leverage and im just putting trade on how news is btw i lost place in top 10 in an hour