How do I access best forex trading method for profits?
2007-06-13 05:16:29 · 15 answers · asked by Sholly 2 in Business & Finance ➔ Investing
You should actually be looking for the "best" trading method for you - based on your risk tolerance, timeframe (are you a day trader or long term investor?), etc. There is no "one size fits all" when it comes to investing. Before choosing a method, make sure you understand the basics. The forex school @ www.babypips.com is a great place to start your education. It is where I started. Once you have a strategy in mind, then you can decide if you want to use one of the trading methods available for purchase on the web, or develop your own. Being informed will give you the wisdom to differentiate the true trading "gems" from the scams.
2007-06-13 06:10:38 · answer #1 · answered by 4xrules.com 1 · 0⤊ 0⤋
1
2016-12-25 02:46:13 · answer #2 · answered by Anonymous · 0⤊ 0⤋
There is a software avilable to trade forex without loosing a dime. This software also helps you earn interest the lots you own. Most forex traders don't know you can actually get interest from your trade.
With this software even a child can trade forex and make money for real in forex. You can actually watch the online presentation of this unique forex trading software and take free TRIAL for 15 days and test the software. I am sure you will love it. My life has changed ever since I have started using this software. as I don't have to look at the monitor 24 hours to see how trade is doing. With this softwarre you don't have to look at charts and graphs, market analysis etc. You can enter the market anytime of the day.
After watching online video presentation click on the JOIN BUTTON to take FREE 15 day Trial..
http://www.MyForexTradingSecret.com
2007-06-17 01:24:24 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Well
You should try with Penny Stocks Trading (you can find more info here: http://pennystocks.toptips.org )
Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share.
I've been subscribing to this PennyStock web site for about a year now and have loved the objective advice they give. He really does look for quality stocks and I've made some pretty nice profits on a lot of his suggestions. Being still fairly new to investing I have been dabbling a lot in penny stocks to try and grow my account. I may not have a big account, but it's a lot bigger than it was a year ago. On just one of Nathan's picks this year I managed to make my investment back ten-fold! Be careful! Penny stocks are notoriously risky but if you follow the right method the risk is almost 0. I suggest to invest only little money first and then reinvest the profits. This is the site I'm using: http://pennystocks.toptips.org
2014-09-22 11:45:35 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Here you will find a step by step guide which will hopefully give you a better and deeper insight into how it is possible for you to make money from Binary Options trading https://tr.im/AutoBinarySignalsOficial
You will first need to know what exactly Binary Options trading is, whilst this may seem like common sense many people just have a vague idea of what is involved and the exact risks attached to any trade, so make sure you fully understand the difference for example between actually buying a fixed asset and trading in Binary Options as the two could not be more different.
Next you will need to become something of an investigative journalist when you start trading in Binary Options and by this we mean you need to have a nose for a news story that is going to have a dramatic effect on whatever it is you intend to trade, and one way for you to do this is to keep fully abreast of all the daily financial news stories as this is the only way you are going to be able to make an informed decision on the movement of any Binary Options you are trading.
2016-01-16 05:03:09 · answer #5 · answered by Anonymous · 0⤊ 0⤋
The best method is to learn forex trade through an investment club. This where all the investors have a common goal which is to earn from forex and to learn from a seasoned investor. I belong to one club and we see returns of 5.3% per month which is pretty darn good by any standard if you would like more information write me bankerbobretired@yahoo.com Good luck
2007-06-13 15:27:00 · answer #6 · answered by Robert N 2 · 0⤊ 0⤋
I agree that you need to find a system that is ideal for YOU and fits in with your own trading style and risk/reward ideas.
You can find some good ideas on different trading systems in the free Forex course at: http://www.onlineforextradingsecrets.com/forex-course.html
2007-06-14 00:29:14 · answer #7 · answered by Chris 3 · 0⤊ 0⤋
The best forex trading method is the elliot wave theory! check out the link below to demo these elliot wave theory FREE signals..
Using the Mtpredictor's technical analysis Elliot Wave Principle software, Bsmtprediction provides Forex Traders with FREE access to AUD/USD, EUR/GBP, GBP/USD, EUR/USD, NZD/USD, USD/CAD, USD/CHF, EUR/JPY, GBP/JPY & USD/JPY daily currency forecasts through this website. At Any Time / Any Day (we'll straight away post the signals here in real-time if there's any triggered) 1 hour, 4 hours & daily time frame forecasts are published on this site. The predictions are good from the moment they are published until either it reached the take profit target, hitted the stop loss or another new prediction of the same currency & timeframe unveils on the same / following day. Essentially, the prices shown are for an unknown period.. That's why we encourage you to subscribe our FREE Google Groups newsletter to get the latest signal updates sent to your e-mail from the very 1st minute it surfaces the net..
2007-06-13 12:24:59 · answer #8 · answered by bijak_sinner 2 · 0⤊ 0⤋
I personally day trade. I have dabbled with currencies but prefer Futures.
Execution and the "setup" is the key to trading these markets profitably. In order to do this you need a robust yet simple to execute plan.
The reason most "newbies" lose money is because they may well have the "setup" but do not have the knowledge/patience to execute and either get involved to early or miss the boat and chase the price, both resulting in losses. Also a lot of "newbies" (I KNOW I WAS THERE MYSELF) look to develop a plan that would baffle Einstein. Always remember the KISS principle...KEEP IT SIMPLE STUPID !
Pepper your charts with different oscilators, bollinger bands moving averages you are more likely to confuse than confirm.
Once you have your trading element you are part of the way there. You then need to master money management. How much are you willing to risk to make a gain ?? Your money management system needs to be strict enough that by only getting 50% of trades right you will still make profit.
Me personally I look to risk 20 pips plus spread per position but I look to make 50+ Pips per position. Most newbies are going to run losses and snatch winners off the table way to early...Again I know because I have been there.
Remember you make more money sitting on your hands than coming in to the market and going out again.
Now for me as a day trader, looking to scalp the markets I pay no attention to Fundamentals.
I work purely on a system based on the chart technicals. I don't bother using Stochastics, Williams, Parabolic SAR's. I believe price action in the short term will determine market direction.
If you are looking at longer term trading you will commit financial suicide following just a TA approach.
2007-06-13 07:02:13 · answer #9 · answered by Anonymous · 0⤊ 0⤋
There are none. No matter what any company/individual tells you....... there are none!
Your quest to find a good "system" will cost you dearly. It's how most new FX traders lose money. In a nut shell the only way you're going to make money is to have a method you created yourself.
This should be based on;
Fundamental knowledge.
Technical understanding (charts)
and most important -> Money Management skills with closely followed risk/reward ratios.
Consider yourself warned.
2007-06-13 05:30:12 · answer #10 · answered by Common Sense 7 · 0⤊ 0⤋