Can any one tell me how to get started with forex trading.

Discussion in 'General Business' started by prakashr85, Jun 28, 2009.

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  1. #1
    Friends i want start forex trading tell net all about forex and how start and where to open forex trading account.
     
    prakashr85, Jun 28, 2009 IP
  2. digitaldum

    digitaldum Peon

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    #2
    stay away from forex...it will chew you up and spit you out on the curb broke.

    it looks easy but will break you.

    Go bet on a sports game if you wanna piss your money away, you will have better odds
     
    digitaldum, Jun 28, 2009 IP
  3. mentos

    mentos Prominent Member

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    #3
    You need a broker such as fxtrade.com.
    And you need to deposit money to trade it.
     
    mentos, Jun 29, 2009 IP
  4. Shelterman

    Shelterman Member

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    #4
    I would enter forex trading very cautiously. As Digitaldum said, it looks very easy but you will loose money very quickly, especially in todays volatile currency environment. Your most sure way to make money is to study forex trading and learn how to trade yourself. There are no shortcuts and the learning curve is steep.

    Some people use trading software which sometime works for a while, but eventually, with software, you'll wake up in the morning completely broke because it is too dumb to make decisions that are not programed into the software.
     
    Shelterman, Jun 29, 2009 IP
  5. dylandash

    dylandash Member

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    #5
    My site http://www.forex-info.com has a lot of beginner articles, videos, tools, etc. You will also find links to the 3 brokers we recommend. (There are dozens of them out there, but most I would NEVER trust)

    If you need any more help, feel free to pm me!
     
    dylandash, Jun 30, 2009 IP
  6. Refresher

    Refresher Notable Member

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    #6
    Hi,
    Can you tell me how much is the minimum investment for forex trading?
     
    Refresher, Jul 9, 2009 IP
  7. ninja2009

    ninja2009 Peon

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    #7
    You can open an account for a min. $100 at some brokers. I used fxdd before and now have moved on to a ecn broker
     
    ninja2009, Jul 9, 2009 IP
  8. Jewtopia

    Jewtopia Active Member

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    #8
    Try Forex-Metal. The minimum deposit is $50.
     
    Jewtopia, Jul 17, 2009 IP
  9. lillychilly

    lillychilly Active Member

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    #9
    You may want to have a look at why is Forexoma different.

    I was a newbie in Forex trading, and thanks to this educational and signaling program, I have learned how and when to enter a position correctly. It is so different from the usual scams.
     
    lillychilly, Jul 19, 2009 IP
  10. traffic97

    traffic97 Well-Known Member

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    #10
    Hi,
    You can trade using metatrader platform , whereby 100,000$ virtual money is given to your account. You can use any strategies . No investment needed. Prize money is 5000$ and even trading randomnly can make you a winner.
    Details in my sig.. link.

    Thanks
     
    traffic97, Aug 6, 2009 IP
  11. ipasha96

    ipasha96 Peon

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    #11
    You can join Marketiva to train your skill about forex trading...but for real trading, try another site
     
    ipasha96, Aug 6, 2009 IP