Archive for February, 2010

im planning but hesitates becoz the upfront cost is k alone and its not a guarantee you can make money i need advise ty!

Can anybody also site some available paper (on internet) on this subject.

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Is Marketiva is legal company or not? and which account type i should choose to start my trading in forex? is gold or money or silver? is e-gold really trusted?

Thank you very much for your answers. Most appreciated. :)

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I recently stumbled across the forex autopilot system and I saw it as a great money making opportunity. However; I am not sure if forex autopilot is a scam. I thought about using forex autopilot to make me money and eventually pay my bills. But I am not sure if I can trust forex autopilot as a reliable source of income. I am not even sure if forex autopilot is worth the gamble. Can forex autopilot actually adjust and adapt to forex market conditions? Have any users of forex autopilot experienced great success? Are there any other systems like forex autopilot?
please help me. and even if you havent used forex autopilot; please tell me what helped you succeed in the forex market.

thanks

ok i got a question, i found a euro bill that says 500 on it. not 5.00 500 how much is that in us money
ok well i think its fake tho….it says teachers discovery on it x.x…otherwise if its real im cashing it asap

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Can anyone reccomand me good reading material about the Foreign Exchange Market. I came across a lot of books but i don’t know which are good since they don’t have that much comments online. Please recommand some books that you know are good and helpful from personal experience. I am just starting Forex and would like to get as much info. as i can. Thank you :)

Hi, the question states it all, I am new to trading at its definition and would like to get into it. And I was wondering if you guys could recommend to start besides the practice trades that they run as a promo right now. Thank you!

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Does anyone know of any Day Trading Apprenticeships in Chicago?
Does anyone know of any Day Trading Apprenticeships in Chicago?
+Open to wide variety of instruments including forex, equities, & futures.
+One year till College graduation, would like to be employed as apprentice till graduation.
+{content} Investment Capital Requirements
+{content} Training or related fees (paid training optimally)

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hi am 18 yrs old and i’d like to start learning forex and as well trade. my main concern, is forex now a days actually profitable. or is it still much slow, and ambiguous like the stock market. what is the best way to really learn if am a beginner and would like to become intermediate? i already know about the demo…but is there any particular books or text to start with? and can i make profit with about 0? i have a checking account. lastly is it even a good idea to start with this money, i heard a lot people say that they’ve lost money if not all of it. thank you all for time!!!

Is it possible that instead of fleeing the euro and replacing it with dollar, that both currencies could sell off at the same time? In this case, the money could flow into gold, silver, commodities, and equities in general?

Are currencies always traded in pairs? When you sell one do you always end up buying another?

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I need to trade with my mobile therefore i have to install the software in my mobile.can anyone help me out?

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there are a lot of forex signal provider that can support my activity in the market, unfortunately I still confused about it.

How much yen would equal 1 mil U.S. dollar right now

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How would the ordinary, average, everyday person go about trading forex for a living? Is it possible to trade ordinary spot-forex and make a good living?

Anyone have gripes, complaints? Anyone satisfied with managed accounts? Obviously, more than 1.5 – 2% per month is nothing to complain about…

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Just like the stocks are combined into NASDAQ for example, then why can’t you combine the forex pairs and assign them a mathematical value???

Take a look here:

http://www.fxstreet.com/rates-charts/currencies-glance/

Fxstreet lists 34 forex pairs.

Benefits:
- Less risk.More pairs – less risk. Traders will take advantage because the market is open day/night in contrast to the daily trades among the stock market. That said, the forex traders gain several times more action with reduced risk, thanks to the combination of many pairs at once. No surprises anymore:Think about it: The european bank annouces higher rates, but the expectations were for lower rates. So, if you trade EUR/USD you will lose when you have selled. With such important news you will lose perhaps over 50 pips and if you trade on 100:1 leverage buying more than 1 lot…say goodbye to your money. Even without leverage the big players will lose, unless they utilize some industrial espionage :) to predict the rates that are going to be anoounced. So…if the one pair goes higher with 50 pips, else will go downtrend with 50, which keeps the balance. Of course if the balance is perfect :) 50/50 the index won’t move and you will not benefit at all :) , but in case where you have 50/25 you get your 25 or less if your predictions are in the right direction.

There is one drawback, of course, like anything in life :) : With so many pairs it will be impossible to rely on any news announcements. Your only hope will be the candlestick chart, perhaps combined with some additional mathematical technics(martingales, random walk avoidance, compound interest) and economical such(hedging, options..).
But isn’t the technical data the favourite to the forex traders?

So far, sadly there isn’t a "forex index" to my knowledge??? So the best you can do is simply make your own "portfolio" and assign it a mathematical value.

I plan to create a computer program(…a can do that ;) , to calculate and trace such index value of about 40 forex pairs. If I succeed, I will post it here with link to website to see the index in action :) .

Thanks.

I don’t understand the conversion table.. .77 or 1.2 what is what?
Plain english please and feel free to dumb it down for me.
Thanks IA

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How did the Pound get to be worth more than 1 US Dollar? Yes, I understand purchasing power parity. I guess what I’m asking, are there fewer pounds in circulation, thats why you get fewer pounds when exchanging them for dollars? Or is there some other reason that dates back to Bretton Woods?

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What is a good forex trading system ?

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Then would you say the buying power of US Dollar is now 20% less?

ie. 00. Buy Yen worth of 00. Yes suffer 20% inflation. Buy US Dollar. Would you get only 0?

10 pts. for good or extensive answer.

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Hello everyone,
I want to start trading forex and I am still hesitating about a lot of things.
First, most people say they have bad experiece trading forex.
I know that even Warren Buffet (I don’t know how to spell it exactly:)) said that: "In stocks you could predict the price of a stock, but how can you predict the price of currency")-
That in fact sounds very reasonable since we all know that in shares it’s enough to read a news that some company has planned to invest some money in Rolls Royce…to say…and then you buy shares from Rolls Royce…But wherefrom you can guess that USD will not find a way up again?
Some people say that the forex brokers have very high commisions and thus you can never win? Is it me or this sounds very stupid?
How about you? What was the amount of money you started and how much you have earned?

Thanks alot!!!

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