Comments on: I’m Planning To Get Into Forex(foreign Money Exchange) ,i’m Learning Some Tips Can Anyone Guide Me?

By: Johnka

Johnka — Tue, 05 Jan 2010 17:13:39 +0000

If you are wishing to make money from internet just visit http://www.onlinejobpack.com.
I am working for them since August and earned more than Rs 100000 with this time.
Really profitable internet business.

By: pehtis68

pehtis68 — Tue, 05 Jan 2010 16:38:20 +0000

My tip is to stay clear unless you have millions you can afford to lose.
the transaction charges are so high they eliminate most gains and add to most losses.

By: poison

poison — Tue, 05 Jan 2010 16:17:40 +0000

hey,
i don`t know about share markets but in forex you can have much better control when you know how to trade.And it doesn`t require big capital to start.if you want me to show you a few tricks on trading email me at pehtis68@ymail.com
c u.

By: imya

imya — Tue, 05 Jan 2010 16:06:23 +0000

Well! My tip is that go with an accrediated broker.
You can find such a table containing information about brokers at http://www.forexnode.com/brokers/
I highly recommend you check it out.

By: MightyMi

MightyMi — Tue, 05 Jan 2010 15:41:45 +0000

You can join forex forums. I think their members will help you. I am member of forexfactory.com, you may join them too. You may visit: http://www.imyatrader.com/ to get some good tips to be a successful trader.

By: Kevin S

Kevin S — Tue, 05 Jan 2010 14:56:28 +0000

Don’t get greedy! You have to have discipline. Oanda is a good broker for me. They have excellent reviews and low spreads. Babypips.com is a great site for starters. Also this strategy is relatively good if you were looking for trading ideas.http://softwareforexreviews.blogspot.com… I’ve learned that if you have sound discipline and don’t get too greedy, you should do fine.

By: Ji

Ji — Tue, 05 Jan 2010 14:22:52 +0000

My honest opinion is that if you are asking basic questions you should not be risking any amount of money you wouldn’t like to lose (no bigger than “pocket change”)
I wish I had time for a better answer but please be very careful. You can learn everything you need to know with the tutorials on investopedia.com

By: Marko

Marko — Tue, 05 Jan 2010 13:41:56 +0000

Forex can be very profitable with the correct Risk and Money management. There are many reading materials and free sites around that gives advice on Forex trading. Be it Technical or Fundamental (News) wise. Its a skill that is recession proof. Earning be it good or bad economy. Work from home etc. These are the + points.
Whereas for the – part, any investment is risky. But like i said earlier, with proper risk and money management, risks can be minimised. Its a skill that need to be honed and practiced. Good news is, you can start with a small amount of capital say 1000USD or even a demo account from various FX platform before you start the real thing.
http://blackbottleforex.blogspot.com/
Above is the link to 2 new trader. They’ve got various link for new traders and some books recommended that is worth reading. Get some inspirations from them.
Rule #1 for Fx Trading – Patience and dont get too hasty.
Hope it helps

By: 67x

67x — Tue, 05 Jan 2010 13:17:01 +0000

continue to educate yourself. there’s no better way to tackle the odds than continuous and dedicated education. find a mentor. you can better expedite your learning process by having someone coach you the various tricks of the trade. here is one site that can provide you free mentorship. you need to open at least a mini account to avail of the free service. they have regional offices in major parts of the world ie. usa, canada, europe, uk, australia, middle east and asia. discussions can be done live via phone, email, chat or even personal meeting if available in your area. all the best.

By: Floyd

Floyd — Tue, 05 Jan 2010 12:45:35 +0000

Learn From EXPERTS! I use ZuluTrade and make pretty good money. The main thing is Money Management, test out ZuluTrade with their demo mode until you find out what is profitable AND comfortable for you. With ZuluTrade you don’t have to study or monitor the market to make a good pick, because hundreds of industry well-known expert traders from all over the world are doing it for you. All you have to do is pick the experts you like, and ZuluTrade will quickly convert their advice into live trades in your trading account directly with the broker. And the best of all, it’s completely free. For more info go to their sign up page at their website http://www.setupaccount.zulutrade.com also check out http://www.etoroforexgames.com