Question by jojo: What is the most trusted,most profitable “forex” site on the net??
Best answer:
Answer by kc.intlin
have u heard of www.fxcapitalfund.com ?
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Question by jacqueline crews: What is the best Forex book for medium to advance investors?
I want to get a book on Forex but I am not a beginner. I would like to learn better strategies.
Best answer:
Answer by catherina
Save your money, the only thing books will give you is the basics, nothing more, not in any ive read. If you are looking for the best forex software, visit this site
http://the-best-forex-software-in-internet.blogspot.com/
This software is the best software that can help increase your trading profit and user friendly.
Best Wishes,
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Question by alkalinezachmo: when funding a forex account, do you need to give the company a copy of your passport and utility bill?
I am looking to open an eToro account and I am not comfortable with giving a copy of my passport and a utility bill to the company, are these things necessary? Also if you have a good forex site for people with small amounts of funds such as myself, what would you be using? Thank you.
Have you guys used etoro? I like how its setup and the pips are really low. Plus the starting amount is very small.
Best answer:
Answer by Diagnostic Ddt
yes for a passport if you don’t have a driver’s license. I don’t you need to show your utility bill. I never had that problem before.
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Question by Donna P: What is the best forex trading strategy?
I have been reading about trading forex but I am unsure about the strategy I should be using. I have read about so many different strategies and they all claim to be the best and easiest. I was just wondering if anybody had any real experience trading forex that could recommend a good strategy to start out with.
Best answer:
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Question by : What’s a decent forex broker which is not a seedy bucket shop but still not to high priced?
What’s a decent forex broker which is not a seedy bucket shop but still not to high priced?
I want something that I can start off with with around $ 500 or so just so I can learn the ropes and make my little trades. I’ve read warnings about certain forex brokers which are unregulated bucket shops and aren’t insured properly either. But are there any decent forex brokers which don’t charge terribly high fees but still are decent?
Best answer:
Answer by Ted P
I have done some trading and in retrospect the best way to start is to practice with no money down free trades first so that you execute some trades and get a feel of the “game” before you throw in your money.
Learn how to control your emotions, have an exit plan, that is knowing when to take your gains and move on Trading concept and Fxdd are good places to start.
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Question by Pat: How do forex options affect forex market?
Anybody can tell me how forex options affect forex market? Do they actually affect the market only when they are exercised? Does an exercise of a forex option occur at the same time as a sell-off of the option? (My understanding is that when an option expires, you have to exercise it then sell it to make profit)
OK, for more clarification, my understanding is that, when an option is exercised, you open a position at the stated price. But I don’t know if the opened position has to be closed immediately. Correct me if I am wrong.
Best answer:
Answer by Kiker
Typically, what happens is you will be given the difference between the strike price and the current market price, as clearly the Writer of the Option cannot physically deliver a curreny pair at an older, lesser price than the market. So they owe to indemnify you, or place in you in a financial position similar to that as if you have the currency pair at the current market value.
Now as for option contracts, YOU DO NOT need to exercise them if they are about to expire. That would make no sense, as if they are ‘out-the-money’ you would lose money. A contract can expire, leaving you out the contract’s premium.
Hope this helped
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Question by Christian44: What is the cheapest forex broker out there?
I would like to know about forex brokers that offer low balance accounts. Do you have any recommendations? What about forex research? What are all the important events or meetings that affect the forex market?
Best answer:
Answer by Common Sense
Here’s the problem;
There are many low balance Forex brokers out there…. the lower the balance requirement, the larger the spreads are. The higher spreads significantly reduce your chances of being profitable.
The last part of your question tells me you’re 6-12 months away from being ready to open an FX account. You need to buy 6 or more books on trading, Forex Trading & risk management.
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Question by hectorwilliams54: What is the best forex robot available and do you recommend?
Im very interested in getting a Forex robot to trade for me. I have heard great things about forex robots, But I am not sure which forex robot works the best. Im a new to forex completely and Im just looking for an automated way to make money from home. Would you even recommend trading with a forex robot at this current economic time? How much many can make with a forex robot and what is the best forex robot from your personal experience. Please help. Thanks
Best answer:
Answer by Lex
I currently use this – http://pinurl.com/nce
It works well for me and everything is done for you. No guesswork, No staring at the monitor and has high probability of winning trades.
You can make tons of money with these robots that’s for sure but it also depends how much you put on each trade. The more you put on each trade the more you will win if your trade is a winner.
Try it for yourself and see whether it works for you.
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Question by hansackd: What is the best Forex robot on the market and does it work?
I heard that a new robot has just been released (RCTPA driven Forex Megadroid). There are quite many robots on the market. What is a Forex robot anyway? Which one is working? I have heard many good things about Forex auto pilot turbo. I would like to know which one is the most reliable. Thank you.
Best answer:
Answer by Mark K
First, you should know that Forex is not that easy. Do not believe those who may say it is!
Now, there are some good robots that MAY help you. Some are scam. Others are for real.
Simply put, a Forex robot is a program that attempts to take the guess work out of trading currencies. Currently there is a lot of information floating around the internet about these products. Like any other tool, it needs to be used properly in order to be most effective.
Like I hinted, in order to use this tool the right way you need to understand a little bit about how it works and where it is best applied.
A Forex robot is a computer or computer program that monitors currencies and does calculations to figure out the best time to buy and sell. These programs help to take some of the guess work out of buying and selling and can help a trader to identify currencies that meet certain criteria, or when certain currencies perform in certain a way. Most of the selling points of Forex robots state that you can simply set them and watch the cash come pouring in. While in some cases this may work, in most cases you are going to need to carefully monitor the program and make sure that it is adjusting to trends in the market. While they can be very profitable they may require a certain amount of intervention to be run effectively. Used properly, and if you have the patience to get to know the programs, they become a powerful tool.
For this automatic approach, forex auto pilot turbo has worked wonders for me: http://www.forexapt.com/. It offers, among other features, high spread protection system and automated risk scaling. They say “95% winner”. Well, only the bottom line counts. In this regard, it has really delivered for me.
I had been watching the forex robot market for months, waiting for the right software to come out. I believe I have found a great one.
Really, get the fundamentals first. Then get your own system and test it offline (do that for weeks, if not months, until your system is well tested), whether you use a robot or not. It really takes a few months – a lot of patience and resilience. But if you are made for it, it is worth it. Read about the psychology of trading (never to underestimate). And then you should be fine.
Good trading!
Mark
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Question by jay_zee: forex……?
hi
i am a beginner and i work with fx solution
i got a question about that:
in the fx solution when i put a limit and stopless, and when the candle arrive to that point, it close my trade with no alarm.
is there any option to set any alarm when it close?
thank you
the best answer has 10 points.
Best answer:
Answer by Winston H
Hey man, Fx Solution is not a good idea to start with for a beginner. This is the best place to start forex http://www.babypips.com/school/ Anything to need to know, is there. Very useful resource. And if you’d like to take your forex trading turn to autopilot, here’s something you might be interested in http://tinyurl.com/3hxnrm
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