I аm interested modish doing ѕοmе trading wіth FOREX TRADING hаνе аnу οf уου еνеr dealt wіth thеm?
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What Can You Tell Me About Forex Trading?
February 28th, 2010 
forex 
Posted in Yahoo Answers 
Tags: About, Forex, forex trading yahoo answers, Tell, tell me about forex trading, Trading, What
Not a excellent thought. Forex trading is just too much to handle. Because Forex never closes. they trade 24hours non-bring to a standstill. Plus there are many factors global factors affecting Forex. Lone person cannot follow all these factors all at once. it is impossibe.
My Advise, trade stocks, you will learn more, believe me.
Excellent Luck
You can open an free Marketiva forex & gold online trading account , with $5 reward and $20000 virtrual back for do .Just click the following link to open an account.http://www-forex.spaces.live.com
Forex trading can be extremely perilous and 95% of traders end up loosing there accounts within the first couple of months. Not to be discouraging but culture is extremely vital as you first get involved with the fx promote. I found http://www.babypips.com to be extremely information and educational.
Also If your looking to minimize your risk modish the promote I would recommend by a hedge strategy to limit the volatility modish your portfolio. Check out this article at Zimbio about how to hedge your account modish the forex: http://www.zimbio.com/forex/articles/245/FreedomRocks+Review
Modish my trading experience, the Forex promote is the simplest to start with. It’s a fantastic place to get your feet wet if you’re completely new to trading.
Though, it’s also extremely simple to lose cash if you don’t know what you’re doing. So here’s what I recommend you can do:
1. Go to http://www.babypips.com/school and learn as much as you can about Forex trading.
2. Sign up for a free DEMO trading account and start practicing. But what ever you do, don’t trade with any genuine cash so far!
3. As you learn more and start becoming a profitable trader, try trading with a mini-account (genuine cash). But remember, trade with only a tiny amount of cash that you can afford to lose. Never trade with cash that you need to pay off your loans or for your day after day expenses!
4. As you start culture new and better trading strategies, and as you start making some genuine cash, you may consider trading with a standard trading account. But ONLY do this after you start making some cash modish your mini-account.
As you boost and learn as a trader, you’ll need to have a excellent trading strategy and logic to follow. And whatever you do, don’t buy into online Forex scams that claim that you can get on to lots of cash modish a small period of time! Profitable Forex trading requires hard bring about, but the rewards are well worth it.
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I hope I was able to help. Forex trading is my area of expertise and I’m permanently glad to share what I know. If you need more information, delight feel free to visit my website at http://www.ForexSystemProfits.com
Try forex for dummies do first
Here is also a excellent resource website that will help you get familiar with forex trading and strategies:http://www.forex-trading-secrets.lattice/
Hope this helps!
Regards,
I choose perfectly with Smart Forex Investor , you have to take your time and be extremely extremely precise or you can lose your shirt (or more)
Read about it, get starter courses and as you feel ready get an account, a mini type that you can dummy trade on and do dummy trades for as long as it takes to get comfortable and modish no skepticism.
A word of warning here, with dummy trades it is simple to be impassive as genuine cash is not involved. Once the genuine thing gets involved it is much simpler to fall victim to greed and skepticism i.e., push a trade to far modish the hope of squeezing all the profit out or follow it not working modish the hope it will reverse.
Skepticism, similar to greed but vacillation on as to get out or even into a trade.
So dummy trade in anticipation of the mechanics are second nature and then trey the smallest trades doable and see how you react to events to assess if you have the mental set up to do it. If you don’t (and that’s not a terrible reflection on you as most people do not) then I’d advise trying equity spreads which can be less vicious or even just excellent ancient genuine shares modish a trade on the dips or cycles way.
I’ve recently started a blog on forex (link not more than) which includes some articles and links to further sources e.g, http://www.forex-tradingsystem.info which is a site donation a free forex basics course as well as a paid manufactured goods.
Hope this helps and excellent luck making cash