Hi,

I trade forex, and I am currently reading a book by Joe Ross, and there is some confusion. I am hoping someone can help me out with this confusion.

He says that volatility must be equal to at least twice his immediate costs or he will not trade. How is volatility measured in forex? And how is costs measured, by pips?

He also says that unless he has a chance to cover costs with no more than half his position he will not trade. What does he mean by this?

He also says he trails a 50% stop. How does he work out 50% stop, 50% of what?

I would appreciate it if someone could get back to me regarding this with detailed explanantions Is there any one else trading the Ross Hook in forex with success?

Brendan

I have passed my graduation in commerce & for further studies i planned to do my MBA in finance. So for this where i can get the detail financial news ? Which books i should read to raise & update my financial knowledge ? I m also planning to invest in stock markets or commodity markets or FOREX. I also need to get detail updates of markets around the world. May be on internet or on print media. I also frequently visit central liabrary, but looking at the number of megazines there i get confused, which one to read.

Which book should i read on Basic understanding of stock? I’m totally new in this and totally know nut abt it. so is there any where i can read up? example: Forex, Index, stock and gold etc etc…

Hello I have become interested in the Foreign Exchange Market and I would like to learn about it in more detail.

What ways of learning would you suggest? I personally think I would prefer books but I’m not too sure which ones exactly to pick.

What do you think about this one?

http://www.amazon.co.uk/Forex-Trading-Course-Self-study-Successful/dp/0470137649/ref=sr_1_3?s=books&ie=UTF8&qid=1275855273&sr=1-3

Any additional information is appreciated. Thanks a lot
Also I wanted to ask whether it is worth learning about FOREX and whether it is possible to eventually gather enough knowledge and experience as a single person to make profit or not? As essentially you’d be competing against professionals… thanks

I used to trade Forex when I made a K from K and then lost it all.
I see a total difference in the approach with the same broker – now and then
Earlier I could make money & now any kind of Trade gets automatically stopped out.
I wonder if there is a catch and the whole MT4 software is "gamed" .
In the sense that – on lower time frames , if your broker takes positions against you or goes stop hunting , none of that need reflect on higher time frames.
But if you trade on higher time frames , you will get stopped out by your broker on lower ones and they can easily hide it.
E.g. if there is a Spike that stops me out in M5 ( MT4 platform )
that spike is nowhere to be seen on M30 , H1.
Because there is no way we can verify that the spikes of M1 actually add and make the picture that we see ( the "zoom out" or gross view ) on M30 and so on.
Is this just trader paranoia that he is failing because of broker manipulation ? or there is some truth to it …..
Is it possible to make the tonnage you dream of in Forex with education or your going to be logger heads with broker manipulation all the time.
If Forex is broker manipulated then are there situations where you and the broker can both make money or for the most – the broker is only interested in tanking your ac ?

I want to invest in stocks and im 14.
I know that I am not ready to start investing yet, because I dont know much about it yet.
So I would like your help to give me advice on how to learn how to invest in stocks.Any good books or websites , that are easy to understand.
And also give me some places where I can open an investment account, so that when Im ready I knwo where to go.
I have about 0 and I get /week in allowance, which i dont spend.

Im also thinking about FOREX any comments or suggestion?

If someone could teach me themselves by email that would be great, I would be so happy!

on the graphs… do you do 1 min bars or hourly bars or daily bars? or maybe 5 min bars?
Because im reading a book and think im getting pretty good but I dont know how long duration they use… or can you use all ?all at same time or one at a time of same currency? and what makes you use one instead of other?
and the bigger length on the bars = bigger pips difference = more money right? for the amount of time you put in

I’m a canadian with parents originating from Haiti. I’m a part-time student in economics and have a full-time job that allow me to keep up on the daily basis. I have a basic conception of the forex market, but I want to learn more from experienced people. So far, I have used a practice account at forex.com to help me understand a little bit more. I’ve also bought a book about the forex market at Chapters. I know forex is not something that can be learned overnight, but I am willing to learn it, and hopefully make it a second income or maybe a career. Please point me to the right direction, training, conference, seminar, workshop, anything that would really get me started.

Looking to learn more about currency trading any good books on the matter would be helpful. Also looking to start an account online to accomplish this. I heard of Forex? anyone that has shorted currency with success I value your answer. Is there a George Soros in the house?

can anyonee recommend any good books or dvds?

I am not sure with which one to start. I am not going to start immediately. I am thinking on reading some books and practicing on paper markets or practice forex markets.

I am now looking for a different on-line (reputable) firm that allows me to trade stocks every 3 or 4 months or so, for the most part, some long-term-AND-allow me to buy some Iraqi Dinar, and just sit on it, Dinar, for 10 years. I have called and searched EVERYBODY from on-line, and in the phone book today. I hear from most that they do not also offer currencies, like my past on-line service-OR-from currency (Forex)-etc. places that they don’t offer the Dinar-that it is deemed to be still too risky. By who? I will not be subversive and give my opinion on some things. But I do know a few service members and individuals that have the ACTUAL Dinar in safety deposit boxes, the Dinar is easy as hell to buy and have, but I do not wish to "trade-in" for dollars-due to "currency/counterfeit safety" bill exchanges, every two or so years, and pay taxes on it. I want a ten year hold on the Dinar, through an on-line (reputable) firm, that also allows me to trade my own account-taxes in ten?
Any ideas as to help me achieve what I want would be much appreciated.
The "trading world" huh? More like "double-tax for restructuring Iraq" for investors, world. Sorry, look at what we call the allowed offering of Pink Sheet stocks. Why not certificates held in sort of a "street name" status? Someone "world" and "trading" wise, please help me on my quest-any ideas?
Well, you get one star-for your answer of my wishes incapability. The safest way is through the U.S> treasury…sheesh

I am 18, have an interest in investing into the stock market. I enjoy trading FX or forex in practice accounts and I’m soon to open up a live account. I’ve read books and internet sites about investing/trading into FX and stocks. I am also looking to get a job soon that could pay £300+/week or £15,600/year+ which I will probably get £100/week out of to spend on what I want. I have a few thousand pounds in savings as well too, also.

I am just wondering is if, say, I invest my few thousand pounds into a stock market index fund that grows 10%/year compounded and I pour all my dividend yields back into the investment in the indice, not only that, but invest my £100 spare I have to spend each week into the fund also so it compounds and grows even quicker and if I trade FX as well and make an extra few thousand(s) every week/month or so and make as much as I can that way and pour it into the stock market index fund, could I become a millionaire? it this realistic and has anybody ever done anything like this before? Please help/advise as all help would be much appreciated. Thanks.

Currently I am 18 years old, I have £3,000+ and going up all the time. I have practice and live experience with trading Spot-Forex and have returned as much as 507.45% within 1 month with my practice account but with my live account, I think I can handle the emotion anyway and can do as well. I have also read many books on investing in the stock market also.

If, say, I trade spot-forex and make money that way, perhaps a few thousand every so often, and invest that money into stocks I’ve researched thoroughly and that have very high growth potential that are most likely sure things to invest in and it grows from age 18 to age 30 and I repeatedly do this over and over again for the 12 years from age 18-30, also if I become an internet entrepreneur and grow them using some of the spare money I make, could I become a multimillionaire by age 30? Is this a realistic plan?

can anyone tell me any good learning resources like online, or books, or anything to help me learn about investing in stocks, bonds, forex, and stuff like that, from zero. Im a student and i need to know everything, from the most insignificant to the significant. thank you!

Would you recommend: Stocks, Futures, Options, Forex, etc. Kindly qualify your answer, if possible. … PLEASE note, I am talking about "Trading" and not "Investing". … Thanks in advance.

I just came across this Forex website selling its e-book, claiming that if you would just follow its framework and rules, you are guaranteed to make $$. Here’s the http://forex10pipsbchh.blogspot.com/#. Has anyone had any experience with this blog? Is it any good or is it all a scam?

I was thinking about purchasing the book or DVD’s. Anyone have any good advice? Much Appreciated for a new investor in the Forex.

Can anyway suggest to me a book that has a little bit of everything within the world of Wall Street and finance. A little bit about stocks, bonds, forex, history, techniques, careers, etc.

Can anyone recommend a good forex candlestick trading manual?

Me and my Dad have been trading for almost 2 years and we have No progress at all! We buy and buy different books and they wont tell You anything! We need help. Not from sites. But from experienced traders. Pleases, I beg You. Help us. We are in big financial problems. You dont know how we feel. Please help us. Either by mail or phone. Please.

Does anyone know whether Andrew Barnett offering free book ‘The seven minute workday’ (about Forex trading) and also offering free seminars, is one of the many masquerading as a good fellow but really operating under that guise in an attempt to extract large fees for his services.My son in law and others I know have been suckered in to trading schemes paying out thousands of dollars but in the end out of pocket to a bunch of viral marketing shysters. Does anyone have any experience of this man?

Extra tags:

I Know NOTHING at all about Forex and would like to learn starting with the VERY basics is there a good book or website I can read up. Basically all I know about Forex is that it has to do with currency trading….

I heard rumers about using wavelets, or multiresolution analysis, to trade the forex market and that it works really well. I was wondering if anyone knows anything about that and if you do, can you share information or where I can get information about (book, ebook, website etc.)

I don’t really know what wavelets are. But based on what i see on google and stuff, it seems pretty complicated. I don’t see how it can be use to trade…