Any Forex Traders Here?

Discussion in 'General Chat' started by bhavz007, Oct 10, 2008.

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  1. #1
    Was just wondering if there is any Forex Traders around here, as im quite interested in it and might consider taking it up. If there is people who know quite a bit on forex do post some info, and the amount of money you can make here :)

    Thanks
     
    bhavz007, Oct 10, 2008 IP
  2. musbos

    musbos Peon

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    #2
    hi..

    yep i am an international forex and stock exchange trader.

    waitin for your pm..
     
    musbos, Oct 10, 2008 IP
  3. Mega B

    Mega B Well-Known Member

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    #3
    Have traded cable for about 3 years using the CMC Marketmaker platform.
    @musbos what do you trade ???
     
    Mega B, Oct 10, 2008 IP
  4. dolin88

    dolin88 Banned

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    #4
    i am looking for an online forex but most reviews I read say they are fraud and will lose money for nothing. anyone won and got paid?
     
    dolin88, Oct 10, 2008 IP
  5. Avatar Viper

    Avatar Viper Well-Known Member

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    #5
    1 word of advise, always have experience before u trade...
     
    Avatar Viper, Oct 10, 2008 IP
  6. lycos

    lycos Well-Known Member

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    #6
    I used to try out the free practice accounts but couldn't win money from it. My word of advice is, if you can't even make money from practice accounts, don't go for the live ones. I seen some of my friends suffering heavy losses due to lack of experience in trading.
     
    lycos, Oct 10, 2008 IP
  7. amazingserviceprovider

    amazingserviceprovider Peon

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    #7
    Yup. Here is the person.
     
    amazingserviceprovider, Oct 10, 2008 IP
  8. ayne468

    ayne468 Peon

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    #8
    I got a free practice account once...and boy did I suck at it!...lol....I think it is something you can do really well at but you have to really know what you are doing first, so be careful...and goodluck :)
     
    ayne468, Oct 11, 2008 IP
  9. converter

    converter Peon

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    #9
    Forex trading certainly looks interesting right now with the USD making a comeback and some other currencies taking huge drops. It seems like there's some easy pickings there! I'd like to give it a try as well... maybe start with $500 or so banking on the USD for the short term.
     
    converter, Oct 11, 2008 IP
  10. Mega B

    Mega B Well-Known Member

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    #10
    Forex trading is always volatile but in recent times has been more so and that is what you require when you trade FX as long as it moves you can trade long or short and that is the beauty of it.The most import thing with any form of trading is to set your stop loss straight after placing the trade so that if it does go against you it will cut your losses to a minimum.

    The Golden rule for trading is (Trade on Stop Loss on-Trade off Stop Loss off)

    @converter what would you pair the $ with ???
     
    Mega B, Oct 11, 2008 IP