I want to start trading on the TSX or Forex to make some extra money I have $1500 and I'd like to start but I'm complete newb
2007-10-12 15:54:03 · 2 answers · asked by Brian B 2 in Business & Finance ➔ Investing
You need to learn a lot on how forex operates before you invest
First you need to know how the industry operates,
know which strategies r the best to use,
practice on demo accounts
find a good broker
n then invest
If you are a newbie. I recommend this site for highly informational guides, articles and ebooks for free
http://forex-trading4you.blogspot.com/
2007-10-13 05:27:16 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Great idea. Get investing ideas from strangers whose qualifications and motives can never be known.
Good luck with that.
Keep this in mind.
This is not gambling.
It takes a lot of reading and hard work to be successful.
Money Management is more important that picking "winners".
Being realistic is rule number 1. Thinking that you can just "jump in" is not realistic.
Take at least a year to learn & understand.
Consider yourself warned.
2007-10-12 18:42:04 · answer #2 · answered by Common Sense 7 · 0⤊ 0⤋