How to be forex master?
871123
www.FXCM.com\n \nhttp://www.babypips.com/\n \nHere is a couple good videos to watch,\n\nhttp://www.forex.com/forex-seminars-developing-listen.html\n\nhttp://www.forex.com/forex-seminars-developing2-listen.html\n\nHere is a squido site for fxbootcamp that has several good video, if youll take the time to watch these you can learn a lot.\n\nhttp://www.squidoo.com/fxbootcamp/\n\nI like Oanda for a starting broker because you can trade with as little as 1 cent a pip on the line, of course youll only be making 1 cent a pip. then as you improve you can step it up a penny or a dime or what ever.\nThe only bad thing about them is 50:1 leverage and there spread gets very wide during news times.\n\nI also agree with babypips good site.\n\na short but very good ebook\nhttp://www.robbooker.com/books/Strategy10.pdf\n\nHere is a good site to learn about the indicators. Just look all over it.\n\nhttp://www.investopedia.com/university/movingaverage/default.asp\n \nUse Oanda as a demo account. It doesn't expire so you will have as long as you need to practice.\nhttp://fxgame.oanda.com\n \ncheck out this guy: http://www.robbooker.com/
681337
I believe there is as much free educational stuff for Forex as you will need. Don't fall for these over-valued so-called seminars or courses.. The thing that will get you to success in forex trading is DISCIPLINE, the ability to consistently follow you trading rules. \nYou can search the internet for free forex resources but here's one site that I think will give you the best free course: http://www.tradeology.com\nThey will email you a lesson each day for free.\n\nThere is also http://www.rapidforex.com but that will tell you about forex from scratch.\n\nGood luck, good trading.
191169
The best way to get started: LEARN as much as you can about the market. And then start trading on a paper trading account to gain experience.\n\nIf you are new to trading, then you should definitely take a look at trading systems.\n\nHere's why:\n\nEvery minute more than 150 Million Dollars change hands in the electronic index futures markets like the e-mini S&P and e-mini NQ. You can win or lose thousands of dollars in a few minutes; the futures markets can make you rich in a few weeks or months or wipe out your account with no mercy.\n\nIf you want to compete in the “game of games” and play against the best traders in the world, then you need to get ready. Too many gamblers are entering the arena without any plan or strategy, completely unprepared, and that's why they lose.\n\nTrading a system will dramatically increase your chances to succeed in trading, because it eliminates five of the top six reasons why unprepared traders fail.\n\nHere are the top six reasons why traders fail,\nand how a trading system eliminates them\n\nLet's take a look at the reasons why traders lose money:\n\n    1. Lack of a Trading Plan\n    2. Lack of Discipline to Follow the Plan\n    3. Failure to Control Emotions\n    4. Failure to Accept and Limit Losses\n    5. Lack of Commitment\n    6. Over-Trading\n\nBy all means you have to avoid these mistakes if you want to win.\n\nHere's how a trading system eliminates 5 of the 6 top reasons why traders fail:\n\nSolution #1: Having a trading plan\n\nHaving a trading system means having a pre-defined set of rules you have developed to guide your trading. Therefore you HAVE a trading plan, eliminating the No.1 cause for failure.\n\nSolution #2: Following the trading plan\n\nThe easiest way to follow a trading plan is to automate it. Almost every trading system can be automated, and you could let the computer trade for you. You won't have to worry about your discipline any longer, as the computer mechanically trades every setup for you.\n\nSolution #3: Controlling emotions\n\nTrading with a system removes emotions from trading. If you don't have a strategy and you try to make decisions when the market is moving, you are liable to become emotionally attached to positions. You may experience panic and indecision when the market does not move in your favor, as you do not have a prepared response. That's when most traders lose their money. If you follow a system you will know what to do no matter what the market does.\n\nSolution #4: Controlling your losses\n\nYou probably have heard the saying “Let your profits run”. Unfortunately most traders let their losses run. A trading system will get you out of a position when the predefined stop is hit. Unless you override the system to “give the trade a little bit more room” it will stop the loss and therefore limit your losses.\n\nSolution #5: Commitment\n\nYou won't believe how many traders show a lack of commitment and therefore lose money. Lack of commitment means that they stop trading after the first loss, and don't give their system a chance to make back the money they lost. Trading is not a one-way street, and losses are part of our business. If you can't accept the fact that there will be losses, you shouldn't trade. Fortunately a trading system can help you to overcome this problem; an automated trading system continues trading according to the rules, and therefore adds much more consistency to your trading.\n\nAs you can see, five of the six top reasons why traders lose money in the markets are simply eliminated when you start trading with a system.\n\nWithout any guarantee, your chances of making money rise incredibly when starting with a profitable trading system.\n\nHope that helps.
76283
Hi there.\n\nRead this article i wrote..hope it will help.\nhttp://www.amazines.com/article_detail.cfm?articleid=76237&Title=forex%2Cbroker%2Ccurrency%2Ctrading\n\nGood luck
254477
Leave resumes at embassies, trade offices and prospective places, get around, move. No one is going to do it for you so you must do it yourself.Get an internet page, advertise.\nGood luck.
342742
To best grow your money you first need to establish the amount of risk your willing to take. Low risk, get into bonds or money market accounts and expect about 5-6% annually. Mutual funds will offer the full range from 5-20% on average, but the more gain means the more lost. For the most aggressive risk (and therefore gain) play in individual stocks, options or on forex (foreign exchange currency market).\n\nThe most important thing is to spread your money around, don't lump all your capital into one or two stocks, because your setting yourself up to take major losses. Educate yourself before jumping into anything. Investopedia.com is a good resource for that - just remember that they are supported by various brokers and agencies, so take recommendations lightly. They do, however, provide good solid information on the basics.
599338
If you have to ask this question, I sincerely advise you not to trade forex online. There is NO way to make 100% profit, and even experienced traders lose money on some trades. There is no single formula or indicator, and if anyone claims there is, why should they give it to you? Please beware of all these scam artists who claim to make huge profits by trading forex. The truth is, over 90% people lose money. Only the professionals can make money in this kind of risky trading.
791811
Hi Daniel,\n     The truth is most people end up loosing all their money within the first 60 days of investing in the Forex Market. I've tried many Forex programs, signals, robots, etc, and spent countless hours trying to study charts and read graphs, and the FreedomRocks trading system has turned out to be one of the only true money makers for me. If you interested in learning about the smart way to trade that takes the guesswork out of investing in the Forex check out www.smartforexinvestor.com  If you have any questions just let me know.\n\nBest Regards,\n\nYo Fujikawa\n1-800-670-2683
229378
MSN.COM has information.  I did a graph of the Euro as an example.  However, most people who play with Forex lose money.  Watch out for the scammers. (See Link 3)
407346
you can try this website to practice.\n\nhttp://www.marketiva.com/?gid=218\n\nyou can use their 10000 virtual money to practice or\n\n5$ free for real trading
353819
I am not at all expert in forex trading however, based on my experience i must tell u a few things.\n\nMost of the Forex houses tell you that prices are predictable and it is easy to invest money in the morning and reap a profit in the evening, but THIS IS PLAINLY INCORRECT.\n\nForex prices are extremely volatile and with so many things having an impact on the prices it is almost impossible to predict daily move (i.e. where the price will go on a particular day). I repeat, regardless, what a forex house and their staff claims, taking a position for a single day is very close to gambling.\n\nI am sure, your total investment in this venture would be US$5,000 to $10,000. Look around, and you will see that most of the people (with such a small to invest) lose money and walk away within one or two months.\n\nMy sincere advice: if u do not have a lot of money, avoid direct forex trading. If u still want to be in trading, try other things (like options). Study the market and learn the market and there is no substitute for experience. Learn by doing mock trades. Study the market for atleast 6 to 8 months and then jump into it.\n\nAnd by the way, after doing a few mock trades for a month or so...  see how much u would have lost or gained if these trades were real. Most probably you will learn that chances of losing are far more than winning. \n\nI am not suggesting that all this trading game is illegitimate... but it is simply not for a small investor.\n\nIf u are intersted in further discussion, send me a message.
219105
After reading much on the subject, it is my impression that none of the ways work well.  Most of the theories out there are about as scientific as astrology.  Most financial experts recommend against dealing in foreign exchange at all. You're more likely to lose money than gain. If you do try it, watch out for the scammers.
996810
i will do trading FOREX (foreign exchange) .. Because its easy, easy, easy.. ; )\n\nEven u can start it NOW..!!\n\nu can start doing job and making money right now(monday-friday only) as forex trader...  they will give you Free 5 usd to start it.. ; ) \n\nhere is the link.. just signup ok? \n\nhttp://www.marketiva.com/?gid=4354\n\nBut make sure u open for E-gold A/c first.. Also free to open it.. \n\nOpen your E-gold A/c here..\n\nhttp://www.e-gold.com/e-gold.asp?cid=2922847\n\nHope can help u.. ; )
592497
I'd be wary of any "seminars" on FOREX (Currency Trading).  I am currently learning about this.  I started about 2 months ago and expect that in 6 months to a year I'll be ready to start investing (after some very intensive reading and an on-line course that I've taken).\n\nWhat I've learned so far includes;\n9 out of 10 that try to trade currency, fail!\nMost trades (by those that survive) lose money. \n\nThere are many 'scams" out there right now in OPTIONS, METALS etc.  I wouldn't be surprised if they're out there in FOREX.  THIS IS AN "UNREGULATED" market (although it is the biggest in the world). If they tell you that you can make ridiculous amounts of money... Ask yourself.... why isn't everyone in the world doing it?\n\nSend me an email. I'm interested in their "rap". If I see any obvious negatives... I'll let you know!\n\nBTW: typical charges for trading are;\nA.   No commissions or fees (at all)!!!!\nB.   Spreads on major currency's are 2 or 3 pips on some like the EUR/USD. 4 or 5 on some of the others.
794583
The FOREX market is mostly for trading, not investing. The risk is the same as in the stock market...by itself, of course, the risk in FOREX is larger because of the leverage, but if you apply money management, and have a positioning strategy that risk can be highly minimized. I cannot give a scale because every person has a different risk aversion.\n\n"The charts" or technical analysis, does take some time to learn, but the charts and the indicators are exactly the same in stocks, so it does not require any special knowledge.\n\nAn individual can easily trade FOREX IF they apply proper money management and size positionig strategies. Because the FOREX is a 24 hour, 6 day a week market, there are plenty of profit taking opportunities.\n\nIf you have any further questions, contact me through my profile.\n\nThanks!
35273
I have a couple of suggestions, spend some time at the websites below and look up texts by John Murphy, he wrote the classics on trading and charting.  One of his texts, which I read):\nTechnical Analysis of the Financial Markets - John J. Murphy \n\nHere's another one I read & enjoyed:\nTechnical Analysis Explained - Martin Pring\n\nAn overview, which I read in French:\nTechnical Analysis from A to Z - Stephen B. Achelis \n\nThere are a number of texts involved in preparing for the CMT exam, see below link on MTA.  Just going through the effort of preparing for the CMT exam is a great learning experience.\n\nThere is also my own trading website link, last one in the list below.\n\nA final note, there is alot of learning aside from the technical analysis.  One friend of mine noted and many traders agreed: "you don't have to be smart to be a good trader, just disciplined."  Keep it in mind and good luck!
433128
The Forex market is full of scammers and people who sell questionable products than make them rich and not you.  I would advise against Forex trading.  You are likely to lose your shirt.