I want to get started with Forex Trading

[ShawnRocks]

Hello all,

I am new to forex trading. I have heard that I can make more money by trading in Forex. Can someone help me with usefull tips and tutorials if you have any . Please email me at [email protected]

Thanks,
Shawn Wells

 

[mikefx]

Hello all,

I am new to forex trading. I have heard that I can make more money by trading in Forex. Can someone help me with usefull tips and tutorials if you have any . Please email me at [email protected]

Thanks,
Shawn Wells

the best tutorials are books...just read lots of books and you'll be ready for trading (not for gaining money - it's another step that comes after years)

 

[MANISH_DAMANI]

instead of forex trade commodities more volatility, more opportunity, Specially crude, copper and silver.

 

[MANISH_DAMANI]

Well I have traded forex and equity too. In my view so costly as a day trader. Profitability is very low. In 1 lots crude for rs 10 , rs 1000 profit. In copper for rs 1 rs 1000 profit. Easily you get this. In forex for this you have to trade 100s of lots. In commodity upto 11:30 you can trade. In 50-60 lost through out the day rs 10000 easily made not so in case of currency. Its for very big player. But if you are happy then you can.

 

[Saiyyed Rafik]

There are lots of stuffs available on net to get exact knowledge about what is forex and how its works. You can simply use Google to get your all answer. Best of luck

 

[mikefx]

There are lots of stuffs available on net to get exact knowledge about what is forex and how its works. You can simply use Google to get your all answer. Best of luck

right - just google it ))))

 

[tamaa]

try the pipsology course to acquire the basics, forex is not a 1 month reading thingy, you need time to have a solid base and start small.. and keep on practicing demo, and once you wana go live, keep it really small like a 100 dollars or so.. best of luck

 

[Tavnaz]

Use Google.....................Duh:rofl:

 

[Tavnaz]

Well I have traded forex and equity too. In my view so costly as a day trader. Profitability is very low. In 1 lots crude for rs 10 , rs 1000 profit. In copper for rs 1 rs 1000 profit. Easily you get this. In forex for this you have to trade 100s of lots. In commodity upto 11:30 you can trade. In 50-60 lost through out the day rs 10000 easily made not so in case of currency. Its for very big player. But if you are happy then you can.

Are you sure?
Day trading Currencies is way more lucrative then Commodities.
My Question to you.....
Do Oil,Gold,Copper,Silver,Grains depend on Dollar?
Don't reply here with answer you wont hear from me..

Hopefully you get correlation with dollar,if you are smart enough.

 

[MANISH_DAMANI]

Yes they are corelated with dollar . In my opinion commodity has more fluctuation . Currently due to global events you are watching sharp move in currency.