USD/Austrian Shilling or the USD/Sweden Krona
2006-10-19 08:15:48 · 8 answers · asked by Anonymous in Business & Finance ➔ Investing
You've not made it clear what you are trying to do.
There are much better ways of "investing" in these currencies for the future, or protecting yourself or business from future fluctuation.
The Forex broker is the one that offers the currency pairs to the public for trading, but the major banks supply the brokers with the pairs and prices (data feed). The "trading platform" merely displays what is available on the data feed.
The Major pairs are the only ones suitable for "trading." Sure, you can trade the Algerian dinar against the Armenia dram, but the spreads will be so horribly wide, and the volatility so low, you'll lose your shirt on a short-term "trade," or the lack of liquidity and slippage will kill you.
A bank would be the best bet for other types of non-trading, or long term investing.
2006-10-19 15:40:35 · answer #1 · answered by dredude52 6 · 0⤊ 0⤋
1
2016-12-24 20:08:45 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Binary options let users trade in currency pairs and stocks for various predetermined time-periods, minimal of which is 30 seconds. Executing trades is straightforward. The system uses user-friendly interfaces, which even an 8 years old kid, can operate without having to read any instructions. But winning trades is Not easy.
Binary trading is advertised as the only genuine system that lets users earn preposterous amounts of money in ridiculously short period of time. Advertisers try to implicate as if you can make $350 every 60 seconds; if it was true then binary trading would truly be an astonishing business.
However, does it make any sense? Can every trader make tons of money in binary trading? Who is actually paying all the money or the profit to traders?
The first challenge is finding a trustworthy binary broker; secondly, you need to find a binary trading strategy, which you can use to make profits consistently. Without an effective trading strategy, there is no way you can make money in this business.
Learning a profitable trading strategy is possible, You should watch this presentation video https://tr.im/03f02
It's probably the best way to learn how to win with binary option
2015-01-24 09:54:38 · answer #3 · answered by Anonymous · 0⤊ 0⤋
It's really possible to make money with trading online, specially with binary trading. You have just to know where to learn... and I know the best source ( http://forexsignal.kyma.info ) This course explain everything you need to start a very profitable trading activity. Before you "learn" to day trade you first must understand the markets, the products traded in the markets and the rules you have to follow to be in the market. You have to learn what to do, why to do it, when to do it and how to do it. If can learn all of this then and only then can you day trade. Before you day trade you must be able to trade. You also need a written sound trading/investment plan with rules that will not only help you but more importantly protect you, mostly from yourself. You also need sufficient trading/investment capital. Use your own money, there’s no need to go into debt so that you can trade/invest. It is more imperative to have a written money management program in place. Remember never invest 100% of your capital into any one security and never have 100% of your capital invested and a good understanding of the rules
2014-10-03 17:25:47 · answer #4 · answered by Rowena 1 · 0⤊ 0⤋
the best trading software http://tradingsolution.info
i have attended a lot of seminars, read counless books on forex trading and it all cost me thousands of dollars. the worst thing was i blew up my first account. after that i opened another account and the same thing happened again. i started to wonder why i couldn,t make any money in forex trading. at first i thought i knew everything about trading. finally i found that the main problem i have was i did not have the right mental in trading. as we know that psychology has great impact on our trading result. apart from psychology issue, there is another problem that we have to address. they are money management, market analysis, and entry/exit rules. to me money management is important in trading. i opened another account and start to trade profitably after i learnt from my past mistake. i don't trade emotionally anymore.
if you are serious about trading you need to address your weakness and try to fix it. no forex guru can make you Professional trader unless you want to learn from your mistake.
2014-12-18 13:33:52 · answer #5 · answered by HAIGH 3 · 0⤊ 0⤋
Try Everbank. I believe you can buy the Swedish Krona from there.
2006-10-19 11:40:05 · answer #6 · answered by Jeff L 2 · 0⤊ 0⤋
Hi, i suggest a great site with plenty of Issues related to your investing and everything around it. it also provide clear and accurate answer to many common questions.
I am sure that you can get your answers in this website.
http://investing.sitesled.com/
Good Luck and Best Wishes!
2006-10-19 17:20:55 · answer #7 · answered by stock.geek 2 · 0⤊ 0⤋
Aren't those two in Europe, tied to the EURO?
2006-10-19 08:19:19 · answer #8 · answered by EAA Duro 3 · 0⤊ 0⤋