I have been trading a demo account for a little while now and i am almost ready to open a small account and just wondered if anyone had heard anything about this broker fastbrokersfx.com as they are the demo i have been using and they have credit card features and a reasonable spread.

GP

Havent heard of them. The general opinion round here is Oanda or Northfinance are the best brokers.

Thanks for that mutant dog and one other question that i have is i have come across the term scalping a bit and wondered what it means?

GP

Scalping as a term is often used to mean different things, generally speaking scalping is very short-term trades for a small number of pips, usually 10 pips in less than 5 minutes. This is the sort of scalping that brokers dislike.

Sometimes people refer to scalping techniques that are infact just intraday systems for sideways movements.

easy-forex is also pretty good

this site teaches you step by step

hi everybody.. i trade forex for living.. i trade for personel only and as i see this thread so popular, i think this thread can help me in few tips by expert here..

i trade in North Finance as here accept egold.

Good luck everybody!! Hope we will get +ve pips everyday..

i really appreciate and enjoy the post as i am a complete newbie in forex trading. i am actually in this forum to learn from those has been there before me. looking forward to read more of this type of post.

There are many ways to trade forex but I don't recommend relying on your feelings

you need a plan and stick with it

There are several ways to trade correlated pairs (Eur/usd and usd/chf for example)

where you can hedge your investment and limit you losses

Volatility is your friend in a hedged position just have a plan and stick to it

Its better to set limits to give 10% gains and end up with them than let your emotions get you into a margin call

Under most conditions if your trading with minimal funds its better to use lower margins 10%-20% and higher
leverage . Some allow as much as 400:1 leverage but thats not for everyone


Just some thoughts keep up the good post

GOOD TRADING

Buy the way great sight in your sig MUTANTDOG

Can anybody help learn forex, i am very interested of learning and was wondering if you could recommend me a broker which has like a automated advice kind of interbank fx but i cant the expert advisory to work

take a look at forex.com they have allot of options and a good training course (I think its $100 now) but thats still pretty cheap compared to trading blind I think the demo account is limited to 30 days but they do allow
mini accounts ($250 min.)

hope that helps

Hi, I will like to receive the strategy to see how it works. Thanks. Goodgem

I use Northfinance primarily and like them. There are a couple of brokers that may be good for very small investments to start, liteforex.org accepts e-gold and offers micro lots, a $1.00 deposit is shown in cents which allows you to make real live trades but without risking large amounts of capital. Also forexclub offers a $100 signup bonus, you cannot withdraw from this $100 but you can withdraw profits you generate from this balance.

is this program working for anyone?

Hi group....

Here is another "Forex for DUMMIES" program...

This is a system of hedge and arbitrage where one pair offsets another corresponding to less risk, and gaining interest on holding, of course, you use whatever you are comfortable, 200:1 , 400:1 and any margin, but I stay conservative with 200:1 and 8% to 12% margin and have done very well since Sep 2006, in fact, the best I have ever done using serveral systems before it.

This simple hand-free system also allows newbie trading their own currency accounts just HOURS after joining. Here is why...

- It required no research

- It required no charts or graph to read

- No class, no seminar, no CD/books for references

- It does not required you to stay up late nights looking on computer screens

- It required just 20 minutes a week to manage. No suck up of your time

- It takes the guesswork out of investing

- It takes care of mo.ney management and most importantly the Trading Psychology

- It is an investment system that combines the best trading strategies that the profitable (5%) elite professional investors use

- It is investment system that came with one closely guarded built-in technique that the highest paid professionals and Investment Bankers use to make mo.ney in the market no matter if the Markets go, up, down or sideways.

- an investment system that make it so easy to tap into these global markets, that "A Complete Idiot could make huge mo.ney in a single day"


Well I don't mean that you change your existing strategy, but just have an open-mind and take a look, and you will glad you did that.


Go ahead and put your credit card back in your wallet! and watch the two 10-minute videos presentation via the link below, so that you can see for yourself these powerful concepts before you have to spend a dime! ...Then go ahead to signup the 15 days free trial to test drive the system yourself. This could be what you have been looking for.

http://www.cocoonz.net/fdrfrmmmg.html


For your info, I am a newbie and I used this system to make 70% investment return in 4 months....not just that, many American and Canadian have been using this system to make big bucks.....

Well, like I said why not take the opportunity to try out see whether if it work for you since the startup cost is not high, rather than you pay few thousand dollars up-front to attend some expensive classes and you do not know whether the strategy work at the first place...

If you need more info, email me direct at brandon.liew@cocoonz.net as I sometime outstation and have limited access to internet to reply to this forum.


Regards

for me fxegypt is the best..i already trade at northfinance before but when northfinance not accept e-gold anymore,i change my brooker.. very fast transaction whether deposit or withdrawing..if anybody have any comment please tell me..they also have support in msn,skype,yahoo messenger and also email.i like this brooker also because they will sent me the daily comfirmation about our trade everyday. If we have any confius about our trading we can make the comment.

Typically New Zealand data does not move the market but today saw 50-75 pip movement with an increase in the interest rate to 8%. were any of you guys in?

Great thread!!!

hi dude2007

I still new.. and I wanna download the indicator that u provided.. but it's seem like error.. I can't download it from the forum... can u help me.. thanks dude...

seem the indicator is no longer valid. already expired

chaoz, Why did you say so?

yes, i agree great thread. I've just joined and i already enjoy it:)

Everything starts and ends... ;-)

hi, im totaly new here only thing i know about this currency trading is from this forum.so, can someone tell me how can i start playing that.what program to download and some guide book for using it.can someone u send me link. tnx.

I really dont know how u can luse money from converting courrency if u playing smart and patiently. From my point of view and strategy u can only build your money. buy some courrency when goes low compare to other , sell when goes high compare to other. Like everithing else for making profit.So, if u play safetly you can earn low profit if u play with few courrency. but with some time spended playing it u can watch more and more courrency so more chances to collect money faster.never sell courrnecy for less than u exchange it., So i think u cant luse money, but u can collecting it very very slow if ure noob like me, but spending more time playing and watching courrency goes up and down u can collect money faster.maybe im wrong , but now reading about that i have to try it.

but im only scared if its not some sort of sham(90% of people lusing, weird). i mean u playing some sort of virtual trade courency money on internet(its softwer like automats in casino it can be programmed in some ratio)and u put real money to some borkers or what.

What books are recommended for beginners in forex trading ?

I like Raghee Horner books. But I have found a known great learning program at NFA:
http://www.nfa.futures.org/forex_training/...t/coverpage.htm

It's free.

Hi, friends
I think in forex trading, we are dealing with probability and not certainty. And with a good money management skill and high probability trading strategy with discipline, you can make money in a monthly basis. In the market right now, there are some forex trading ebooks claim that it could make you money. My practice normally is to buy it and carefully review it if it lives up to its expectations. If not, I will make full use of the 2-month money back guarantee to claim back my money. Period. So, in short hundreds of testimonials in the website are meaningless because you can't verify them.

If you are a newbie, the easiest way to make money trading forex is to learn from someone who is successful. So, by practising on your demo account with the newly learned strategy, you will grab a feel on how to fire your trades in a proper way and with good discipline. See the link below for more info:

5 minutes exploring this site will change your trading life forever
http://www.extra-income-online.com/recommends.html

Good thing you learned from your mistakes..

experience and learn!

learn and experience..

Good luck to everyone

The guy you are giving advice to is an experienced news trader. Why did you bounce this thread??

lol, he is bouncing many old threads

You can probably expect a nice sales pitch from him soon.

Hey, good links. Thanx. Try Stock Trading Giude Very informative!

Excellent post! Lots of great info there!

In addition to what you're talking about I suggest newbies check out this site... There is nothing to buy or sign up for here, it's just a free training course of how to forex trade. If you're completely new and want to know the basics check this out.

http://www.golearnforex.net/forex101/intro.html

great post! great tips!

thank you for the site, appreciate you

yes, its quite informative i see