fultron
Preferred Member
Cash: $ 3.50
Posts: 103
Joined: 15 Sep 2005
Location: NJ
|
| forex basics |
 |
|
hey guys,
I've just started doing some research into Forex trading. I want to do as much reading as I can on the subject before jumping in. Any books or resources you would recommend?
thanks!
Saving Money
|
Tue May 30, 2006 6:12 pm |
|
|
David Briggs
Senior Member
Cash: $ 57.86
Posts: 289
Joined: 16 Jan 2005
|
I watch FXE. Forex trading made available as ETFs is the way I will participate in this asset class.
~~David
|
|
Wed May 31, 2006 4:05 am |
|
|
Finandom
Member
Cash: $ 4.40
Posts: 22
Joined: 30 May 2006
|
Last Time I learn Forex Trading, the first step is I visit all the site that provide little tutorial. Most of them is those company that provide online trading platform. Then I open a trial account and trade like playing games. DON'T EVER JUMP INTO THE MARKET WITHOUT THIS STEPS. Trust me there are a lot of thing to learn. Starting I keep losing even in one month I lost 2 accounts that have $50000 credit. Lucky it is not my real money! 
Just keep trying and learning until you build your own trading system, I also doing this everyday! 
|
|
Thu Jun 01, 2006 3:00 pm |
|
|
fultron
Preferred Member
Cash: $ 3.50
Posts: 103
Joined: 15 Sep 2005
Location: NJ
|
Thanks for the help guys. I picked up "Getting Started in Currency Trading" and its a good intro to the basics.
There's lots of sites with good info, I'm just a little wary of any site that is also trying to sell something as the info they give may not be in my best interests.
thanks again
Saving Money
|
|
Thu Jun 01, 2006 6:21 pm |
|
|
David Briggs
Senior Member
Cash: $ 57.86
Posts: 289
Joined: 16 Jan 2005
|
Tim, look at FAX for a mostly Australian & New Zealand somewhat Southeast Asian currency ETF.
Credit goes to Jonathan Hoenig for both of these symbol recommendations. (Whatever I might think of his politics.)
Please mention any other currency ETFs you can find. Seems like they are turning everying into ETFs these days.
If you are using etfconnect.com for info, I recommend paying attention to the intial offering NAV versus today's NAV for the same fund. That should tell you whether it makes sense to hold a continuous position in any ETF.
~~David
|
|
Fri Jun 02, 2006 5:08 am |
|
|
Rolo
Yo' Daddy
Cash: $ 309.70
Posts: 1551
Joined: 13 Mar 2005
Location: Colorado/Florida
|
quote:
Originally posted by coaster
"out of the box" investments
What are those?
"Expect me when you see me."
|
|
Fri Jun 02, 2006 8:28 pm |
|
|
franks74
Member
Cash: $ 2.85
Posts: 13
Joined: 08 Jul 2006
Location: Franklin Lakes
|
I'm sorry to say but, why would anyone pay for a forex class when you can learn all you need to know using the forex system ( link provided ) to make $30,000 per month?
Yeah- read the signature
It teaches you how to use the currency-exchange system, infact he provides a link that lets you download a $300 program, for free, to help you get started. I am just started with the program, I am not at that level of invest ment. I am moving forward. I wish i could tell more about the topic but I just wanted to let everyone know that there are programs on the internet that are much more profitable than paying for a class. Come on, learn the stuff from home and save some bucks for yourself.
|
|
Sat Jul 08, 2006 11:27 am |
|
|
hi5
First Time Poster
Cash: $ 0.20
Posts: 1
Joined: 08 Jul 2006
|
I would agree.... Don't pay for someone to teach you when certain forex platform companies will help you every step of the way for FREE.
Like the one listed below (sig). Live help while you trade and super minimal investment to start. Great site, Great people. Very willing to help you learn.
|
|
Sat Jul 08, 2006 4:21 pm |
|
|
Offshore-Wealth.com
Senior Member
Cash: $ 14.80
Posts: 601
Joined: 20 Jul 2005
Location: FREEDOMLAND
|
| Freedom-FOREX |
|
|
Interesting,
I have researched and evaluated almost every FOREX training system on the market over the years, and if anyone thinks they can learn it on their own, they are simply wrong. Even with all the hands on training, FOREX is not an easy way to make money, in fact, 95% never make anything, and worse, they lose money.
When I see someone say make $30,000. per month, I want to gag. Yes, if you have $100K bankroll you can earn $30,000.00 per month, but when you factor in your losses for the month, you will be lucky to come out ahead by a few thousand, even if you are a professional, the money is not as easy as posted, so beware. There are better ways to get into FOREX with a much more conservative system, so do your research.
Good luck to all, Mike
FREE PAY IT FORWARD OPPORTUNITIES
http://ENVIROPURELIGHT.com
http://FREE100KSECRET.com
|
|
Sat Jul 08, 2006 11:48 pm |
|
|
franks74
Member
Cash: $ 2.85
Posts: 13
Joined: 08 Jul 2006
Location: Franklin Lakes
|
Sounds interesting, thanks for your input.
|
|
Sun Jul 09, 2006 4:25 am |
|
|
|
