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Forex Market Tip | Dollar Cost Averaging

admin — Tue, 13 Jan 2009 18:52:34 +0000

I often see Forex traders over trade their account. They may put on a few lots to start with, then they will put a few more lots on hoping that the market will come back for them. This Forex market tip can save you lots of money.

Duration : 2 min 21 sec

Technorati Tags: forex

Learning about Forex can anyone give me some tips?

admin — Sun, 11 Jan 2009 22:34:08 +0000

I would like to start trading currency. I am just going to start with a small amount and see how it goes. This is all new to me so any tips would be greatly appreciated.
Thanks

Learn and read as much as you can. Then open an account and just do paper trades or mini trades until you are really knowledgeable and confident.

Read the free ebook below if you are really starting at beginning.

forex practice account?

admin — Fri, 09 Jan 2009 23:45:26 +0000

I have a practice forex account, can you give me any tips on how to trade. Is it possible to try and trade within 15 minutes and give good guess which way market is going?

You can start by visit free Forex websites like http://www.babypips.com/

http://www.freeforexebook.org/

http://www.forextopten.com/

And keep practicing on a demo account until you're making solid profits.
Good luck.

DO YOU THINK FOREX IS A CLEAN BUSINESS?

admin — Tue, 06 Jan 2009 00:55:47 +0000

many broker place a lot of tips on how to make money on forex. but my question is who is when everybody is winning trade who is lossing? they claim to get there gain from different in tips but i dont believe them. i opened account with two forex in the past but i never understand how the account run down.i traded on demo for along time and i never loss .I like to trade forex but i dont truth any broker.since forex is a zero sum game i know no brokers will allow is company to run down they must find away to save it either good or bad,with all the winning tips on there site i dont think they pray any one should win.this is my opinion i my wrong or right pls tell me?

No broker knows whether any thing is going up or going down. Most of them look at charts and recommend that you follow a trend, but even if they are right, nothing goes straight up or straight down, so even if you buy something that is going up, it will have down days which might result in a margin call and you might be forced to sell.

I suspect that a lot of brokers tell half their customers to buy and tell the other half to sell short. That way they would be right half the time but woud get commissions all the time.

T Boone Pickens made seven billion buying oil futures. But when oil peaked out he hung in there and lost several billion.

How do you cope with a missed forex trade?

admin — Sat, 03 Jan 2009 23:22:10 +0000

For the forex traders out there – how do you cope with a missed trade? Earlier this evening my system fired off a signal which I was not able to act on because I had emotional doubts about it (it just didn't "feel" right). The price shot a hundred pips in the direction which the signal said it would.

I'm kicking myself in the b***s right now.

How do you cope with this? As a trader, what are some of the things you do when a painful thing like this happens? I know a lost opportunity is a lesser evil compared to lost capital, but it still hurts like hell.

For the seasoned traders out there, any tips or advice? Lost opportunities like this happen all the time, right?

Thanks.

The best way to cope with a missed trade is to simply catch the next one.

Keep in mind that there will always be plenty of money in the market waiting for you. There is no urgency to catch every trade.

Learn from the past and apply to the future.

Cheers,

Paul

how to Live trade with Forex ? any Website of Book from where i can learn the tips ?

admin — Thu, 01 Jan 2009 21:37:04 +0000

try this site

http://www.forex.com

they give you a free practice account

Latest forex news and tips?

admin — Wed, 31 Dec 2008 00:52:13 +0000

I am trying to get into the forex market, I would like too know the best site for news and tips.
I am going to be trading GBP.USD.

Jonoeckley,

I think you have chosen the perfect pair to get started trading in the Forex market. The GBP/USD is more consistent and predictable than many of the other pairs. With the right strategy, knowledge, money management, and attitude you should be fine. It is true that Forex is not for the faint of heart but you CAN be successful trading Forex.

As for good sites for tips, news, analysis:

I use bloomberg for my economic news. Keep in mind – I trade a longer term strategy that is not significantly affected by intraday news releases so Bloomberg works for me. If you plan to scalp you will need a source to give up to the second news as well as an “economic calendar”. I recommend forexfactory but there are plenty of others. Just google forex economic calendar.

As for analysis, I like fxstreet. It is free and has decent content. However, what you will quickly learn is to not give into the hype. You will find that one analyst will say one thing and another will entirely contradict the first. Read with an open mind and then use your own knowledge to choose how you react.

And for where to find good tips…that is a hard one. Most tips are trading system specific and may not be right for you. However, probably the best way to get trading tips is by joining a free Forex traders forum. I like forexfactory, fxfisherman, or babypip’s forum. Just google any of those three.

Good luck! Don’t let the naysayers get you down. Forex is not easy and many DO lose their money. But it sounds like you are taking the proper time to learn and become a successful trader.

Absolute Free Tips For Forex Trading for Easy Profit.

admin — Tue, 30 Dec 2008 22:16:23 +0000

http://www.forexformula1.com Get free forex trading formula to trade fast profit on day trading by profit on scalping. Free forex education on forex strategy for forex signal get easy forex trading.

Duration : 5 min 44 sec

Technorati Tags: forex

Where can I find a great FREE website that teaches stock market Trading and Investing?

admin — Mon, 29 Dec 2008 02:52:21 +0000

It could be anything from stock market trading to Futures and Options or even Forex. Could be Day-trading, Online-trading, etc. Please feel free to list as many websites as you might know about – as long as they are FREE. Also, any good book suggestions and/or tips?

First of all – you should focus your learning on one or the other. I'm a trader myself and trading and investing are two totally different things.

There is plenty to learn in both arenas but it is important to first recognize what your overall goal is.

Are you trying to make a living out of it? Trying to get rich? Trying to get better returns over the long term?

From there you can decide wihch vehicle to invest/trade with that best fits your goals.

How good are those FOREX trading tips providers?

admin — Sat, 27 Dec 2008 00:38:11 +0000

I would like to start doing forex and I found some "forex trading/tips providers". They basically analyze market data and trends, and send you tips of what is "likely" to happen in the market as soon as they see an opportunity, of course, its up to you to execute your own orders. But how good are they? Their services are not cheap. I am not a math person and my knowledge of technical analysis is limited. I found out one called "www.4xfindme.com" But has anybody used any of such service providers? Can anybody recommend a good one? I know that at thend of the day we are taking an "educated guess" but do these forex trading tips service providers can really help? Any good ones out there that anybody can recommend? Which one is the most popular and best forex trading tips service provider out there?

Most trading tips providers or signal providers don't work. You can read reviews on most of them on http://www.forextopten.com and http://www.forexpeacearmy.com .