2006-06-15 07:14:40 · 8 answers · asked by Kimmie 1 in Business & Finance ➔ Investing
I do not want to trade for free. I just think information should not cost thousands. Pobept-reported-that was not an answer.
2006-06-15 15:47:39 · update #1
The best way to learn about it would be to start up a practice account. They are obviously free but they act exactly like a real account. But unless you are willing to spend the majority of your time studying the markets and trading you won't be very successful. Forex trading is physically, mentally, and emotionally exhausting so beware. But if you can get over all this then there is alot of money ot be made
Good Luck,
GCJ
http://www.forex.com
http://www.fxstreet.com
2006-06-15 07:23:32 · answer #1 · answered by Garrett J 2 · 2⤊ 1⤋
In forex trading many people think that the more complicated a method they use in forex trading the more likely they are to make money. The fact is that is not a truth the simple systems work best. As you know there are two main ways to analysis the currency rate: fundamental technical analysis. Simple systems are more robust easier to trade with discipline as you understand the logic can therefore follow it with confidence when it has a losing period.
2016-03-27 04:45:34 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Unless you know your economics and are up to date on you politics (2 things that can drastically affect exchange rates), I would recommend staying away from currency trading. There's also the technical analysis of exchange rates, which is another ballgame. Currency trading is not an easy game.
2006-06-15 13:03:40 · answer #3 · answered by Ferdi 2 · 0⤊ 0⤋
The Forex market is full of scammers and people who sell questionable products than make them rich and not you. I would advise against Forex trading. You are likely to lose your money. Forex is useful to companies that make money in one country and need to exchange it for money in another country, but most individuals who trade Forex lose money. Read the links:
2006-06-15 08:00:30 · answer #4 · answered by Anonymous · 0⤊ 0⤋
no. brokers aren't going to teach you. need to study but ibetter have a lot of capital & a willingness to take risks as it takes both. Not the best investment though a new ETF allows an easier way of doing it.
2006-06-15 07:25:56 · answer #5 · answered by vegas_iwish 5 · 0⤊ 0⤋
Forex trading.....check this blog http://www.forexblog.org/2005/03/forex_101.html
2006-06-15 07:18:48 · answer #6 · answered by Anonymous · 0⤊ 0⤋
You can get lots of tips and free information at -
http://the-forex-trading.blogspot.com
2006-06-15 10:17:15 · answer #7 · answered by rahul 3 · 0⤊ 0⤋
yea, you and about 10,000 other people want something for nothing!
2006-06-15 07:18:28 · answer #8 · answered by Pobept 6 · 0⤊ 0⤋