Watch Forex Videos

Anyone currently doing any Forex currency trading?

Question by bannabeauty: Anyone currently doing any Forex currency trading?
As with any investment, I understand there are risks. However, I am seriously considering taking the online training course offered by Forex on Currency Trading. It seems too easy to make money and I believe there must a catch. I’m only going to invest what I can afford to LOSE! But I would love to hear from someone already trading or have traded!

Best answer:

Answer by evermore
I do forex for about 1 year ,at first I have lost much ,but now win .Choose a good platform is very important .

You can open an free Marketiva forex online trading account , 5 USD live fund and 10000 USD virtual fund already in your account.!
Open an free account and get $ 5 reward!

http://www-forex.spaces.live.com

Know better? Leave your own answer in the comments!

Tags: Anyone, Currency, currently, Doing, Forex, Trading

Q&A: what are the mechanics of doing currency trading?

Question by Antonio B: what are the mechanics of doing currency trading?
Can someone with experience in this area please answer?

How does ‘currency trading’ work? What kind of brokerage account is needed? Do the standard brokerages houses do this? I have an account at Schwab.

What is “Forex”? How do I buy currency contracts?

Thanks for the help!

Best answer:

Answer by Bentley
Basically, you’ll need a special type of account that allows currency trading. I think forex might have them too but I’m sure any large broker like schwab would have them too. Don’t expect to make large % gains in trading currency, don’t be fooled. You’ll be putting down ~ $ 100,000 to make $ 10-$ 100. It really takes alot of money to make money trading currencies because the margins are not large and banks usually are quicker to jump in and sweep up all the gains. Nevertheless, I haven’t done it but be careful. If you have large amounts of money they’re probably other things to get into. Save the currency trading for people like warren buffet, steve jobs etc

Give your answer to this question below!

Tags: Currency, Doing, mechanics, Trading

Guide To Investing in Forex And How To Make Alot of Money Doing It

Guide To Investing in Forex And How To Make Alot of Money Doing It

Investments can take two basic forms. First, an investment can be the purchase of goods, supplies, tools, or
equipment to use in the production of increasing profits. For example, a businessperson who produces shoes may
purchase a machine that automatically stitches leather in the hopes that the time saved will allow for the production of
more shoes and increased sales.
The second basic form an investment can take is what most of us think of when we say we are investing our m

List Price: $ 2.99

Price:

Tags: Alot, Doing, Forex, Guide, Investing, Money