I opened a mock forex account and the broker calls me all the time trying to force me to put money in my account. How desperate are these guys for accounts?
The Pound seems high at 1.44 Euros (and 2 US dollars), how far do you think the Pound will drop in the next ten years? This is of interest to me because my income is in Pounds and my expenditure in Euros
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I have been investing in the stock market for several years, but recently Forex has caught my eye with claims of huge profits, and I have some questions:
1. Is there a site with free tutorials about Forex, the same way Investopedia.com has for stocks? Is there a Forex simulator where I can try it out using fake money?
2. What kind of initial investment does Forex require? What are the commissions/fees like if any? What is the average return (%) for most Forex investors?
3. Where/how do you open up an account? (I’m Canadian.)
4. Is it a lot more speculative/luck-based than the stock market? (A lot higher risk?)
5. I’ve heard a lot of people talking about "systems", "software", etc that they are charging money for. Is there any free software I can get? Are most of the people involved with Forex scam artists or are there some legitimate ones?
Thanks
Also what are these "pips" I keep hearing about?
Since nobody has answered yet I went and found a great tutorial site on my own, http://www.babypips.com. It also offers links to brokers that offer free demo accounts.
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The British pound is worth almost double of the dollar and the dollar is worth only about 73 cents when compared to the Euro. Why isn’t this in the headlines each and every day!!!!
Stamp! What about gas prices rising again!!! Just in time for summer!! Any way they can stick it to us they will!!!!
Sure, The Brits can visit here and have a cheap vacation, but if we want to visit them — – LOOK OUT!!!!!
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Is it possible to trade forex within a 15 minute time frame and make money
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If market will go against me, when I will receive margin call in forex?!
For example, I play with 00.00, and I use leverage 100:1.
When I will get margin call? -1.) When I will lose FIRST 3000$ in pips or 2.) when all, what will left in my position in pips -3000$ ?!
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Hello i want to find an automated forex scalping system and an automated options on stocks system. Can someone help?
Hello I am scalper.I love to trade GBP/JPY.But the large spread is always a big problem for me.I dont like to trade with broker which is a bucketshop.I like platform like currenex.However if anyone have any knowledge abount any platform that provides 2 to 4 pips spread for GBP/JPY then please answer me.I have 50k so minimum deposit is not a problem.
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also does spain use the euro?
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I am building a spreadsheet to backtest Forex trading strategies.
I want to be able to find the difference between the circled values. Ideally to put the value in cell L93.
http://img205.imageshack.us/img205/4206/yahooal4.jpg
The only hard part is that there is not always 3 rows between each number to be used. Sometimes there may only be 1 row, or there may be 10 rows.
Is there a way for excel to fetch values between two of the same number? Like between 0′s?
I am asking b/c I need to do this hundreds or maybe thousands of times. I can find the difference between the sums of each of the two columns easily, but I want to be able to do this also.
Thanks
Vs. just trading the stock market?
Is it that day trading is illegal in some countries?
Is it because it requires less money?
Is it because it takes less money?
Point taken and understood.
I am thinking of getting into forex as an investment oportunity. It looks fun and possibly profitable if I play my cards right.
I have had practice on XForex.com, but that site is so unreliable and has such bad customer service that I cannot stay with it.
What are the top two best online forex companies? I don’t mind downloading trading software, in fact it might be better. An integrated online system is alright though.
I would like the top two just in case someone who works for a forex company answers =P
Edit: I mean online companies that allow me to trade in foreign companies.
currencies^^
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what is the most trusted broker company?
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I have to buy about 4,000 euros worth of equipment from Lithuania. The slump of the pound has cost me a few hundred quid in the last couple of weeks, so I’m not a happy bunny.
Does anyone know what is most likely – the pound continuing to plummet, in which case I should pay for the stuff as soon as possible, or the pound regaining some value, in which case I should hang on to my cash as long as possible?
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Then yen has been riding the carry trade meltdown for some time now. And for some reason, it’s seen as a "safe" currency in times like this. But if you look at the fundamentals, Japan is in big trouble. So this crazy rise in the yen is starting to look like oil did in the first half of 2008: a speculative circle jerk without the fundamentals to back it up. Am I wrong? Is it too early yet to short? What do you think?