forex trading
2006-10-01 16:06:04 · 3 answers · asked by daniel2yk2002 1 in Business & Finance ➔ Investing
Although you don't say if you have any trading experience with stocks or whatever, realize that Forex is a "trading" game, not investing.
Even if you have some trading experience, you should trade the Forex on a simulator before you actually open an account.
I use PremiereTrade ($3,000) software and FXDD broker. The data feed is $100/mo. It's going to be an expensive learning lesson if you do it this way, and the leverage is usually what kills the beginner. Everybody seems to think they should trade at maximum leverage, just because they can.
Study, read, learn and play the simulator:
http://www.premieretradeai.com/...
http://www.forextv.com/ft/video.jsp?chan...
http://umgarticles.atspace.com/forex-tra...
http://www.fxstreet.com/rates-charts/usd...
http://forex.tradingcharts.com/...
http://www.dailyfx.com
http://www.forexbastards.com
http://www.forex-options.com/
http://4xcampus.com/
Forex simulator:
http://www.expertworx.com/pm/forex%20mar...
Here is the broker I use:
http://fxdd.com/
2006-10-01 21:21:48 · answer #1 · answered by dredude52 6 · 0⤊ 0⤋
http://www.hot8sites.com/currency-trading/
2006-10-03 14:35:07 · answer #2 · answered by prakunna 3 · 0⤊ 0⤋
it is extremely risky unless you have a lot of money i would not recommend it for the average investor.
2006-10-01 23:10:16 · answer #3 · answered by Joseph M 2 · 0⤊ 0⤋