I have learned and I’m currently learning more and more about currency speculatrion, and I’ve set up a practice account. I know that the foreign exchange markets (Forex), creates more money in profits everyday than the entire stock market in 1 year which is a collosal daily intake of .8 trillion per day, about .5 quadrillion in 1 year. I also know that there are only 5% of currency traders that succeed because they expand their education and practice before they do the real thing. The other 95% of traders either have a mentality and think its a get rich business, or don’t invest time to educate themselves and don’t set up practice account to get the hang of it, or a mixture of all three. What I’d like to know is, is it true that a new millionaire is made every day trading Forex?

Technorati Tags: currency traders, day trading, education and practice, entire stock, foreign exchange markets, mentality, millionaire, mixture, money, profits, quadrillion, stock market, trading forex, trillion

I mean you can open a account for better ratio, and ofcourse no asking for a lot of money to start with this.

Technorati Tags: money

I have learned and I’m currently learning more and more about currency speculatrion, and I’ve set up a practice account. I know that the foreign exchange markets (Forex), creates more money in profits everyday than the entire stock market in 1 year which is a collosal daily intake of .8 trillion per day, about .5 quadrillion in 1 year. I also know that there are only 5% of currency traders that succeed because they expand their education and practice before they do the real thing. The other 95% of traders either have a mentality and think its a get rich business, or don’t invest time to educate themselves and don’t set up practice account to get the hang of it, or a mixture of all three. What I’d like to know is, is it true that a new millionaire is made every day trading Forex?

Technorati Tags: currency traders, day trading, education and practice, entire stock, foreign exchange markets, mentality, millionaire, mixture, money, profits, quadrillion, stock market, trading forex, trillion

May you provide details to support the answer. Thanks.

I’ve been trading forex for a little over a year now and heard that there companies offering rebates on your trades. I’m currently trading with FXLQ and they certainly never told me of any program like this.

Any insight is greatly appreciated.

Technorati Tags: fxlq, insight, rebates, trades, trading forex

I am considering some investment companies that deal in forex. I have noticed that a lot are located in the British Virgin Islands. I have found a couple that I would like to do business with, but I am curious as to if there is a particular reason that they are located here and if there is any reason to be concerned about this. Thanks!!!

Technorati Tags: british virgin islands, Forex, investment companies

which company or website can i use for my investment in forex that does the trading and delivers my profits into my account?

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Is Marketiva is legal company or not? and which account type i should choose to start my trading in forex? is gold or money or silver? is e-gold really trusted?

Thank you very much for your answers. Most appreciated.

Technorati Tags: e gold, Forex, money

I’m seeking to have a career change and I would like to learn how to trade the FOREX market. Problem is, I’ve seen so many home study kits and would prefer attending a school for the hands on experience. I just attended the Online Trading Academy seminar that aside from asking for ,000.00 (they want this amount immediately, refund is given as rebates) for 6 days, seemed to be full of fluff, I left just as empty as when I first walked in. I’m serious about this and I would appreciate it if someone who is already doing the walk can guide me as to where I should start. Books are great, however, I’m more visual than anything else. Please advice and thank so much.
Thank you so very much for all of your help, I appreciate it.

Technorati Tags: career change, fluff, forex market, hands on experience, home study kits, online trading academy, rebates

Hi, Everyone! I am a FX beginner.
I am now taking a FX online course, and learn how to trade without making too much risk (definitely day trade). Right now, I am practicing with a Demo account.

This online course is introducing us a website for our practice, which has a contract of 100,000 of the base currency . With my budget, for me to be qualify for this, i have to use a high leverage, I was hoping to use only a couple of thousand dollars to start with (like a mini account). I dont want to use a high leverage.

Do you know and recommend any reputable/reliable online websites which you have actually used, and where someone like me can start (with
smaller amount money ) ?

Thank you in advance.
I did not know that Anyone knows a site called Oanda ?

I could not find a mini account service at FXCM ..
Thank you very much for all your feedbacks.
I am still reading your posts, so please add more information if any. Thanks!
Oh, also.. What currency combinations do you recommend? I will be starting with USD as my base. I have practiced with my practice site, with Australian, New Zealand, Euro, & Pound.
Thank you so much for all your input.
I only can choose one best answer. ;-(

Technorati Tags: amp, base currency, budget, choose one, combinations, demo account, feedbacks, leverage, mini account, money, new zealand, thousand dollars

I would like to know a reliable and trustworthy company that will allow me to trade forex in Australia.

Technorati Tags: australia, Forex, trustworthy company

I would like economic statistics of the indices given below in a tabular form so that I can make charts on them. What I want is links to daily weekly monthly or quarterly data ( absolute numbers, or percentages or increase decrease over earlier periods ) from 2003 ( or even a lesser period ) Even if there is no historical data available I would like some links from where I can get these numbers starting now.

First point – I am Indian, so I am interested in data of India and USA, next all important world indices like Japan, Europe, China, S Korea. Another point – the indices are listed randomly, in no particular order, ignore any indice that does not make sense, – I may have made a mistake

ISM non manufacturing index
Purchase managers Index
Durable Goods orders ( this is a proxy for business inventory )
IMS Manufacturing data
Producer Prices
Retail sales
Factory Orders US
Factory activity
Factory and home sales
sales of new homes
sales of existing homes
Nationwide House Prices
Supply Demand Gap
Japanese Industrial production
Total Vehicle Sales

Consumer confidence index
Current situation index
Futures expectation component index
Employment confidence index
Consumer spending index
Euro Zone Economic sentiment
Supply manufacturing factory index ….

unemployment rate
non farm payroll
citizen unemployment
US workers cut
Eurozone unemployment
Initial Jobless Claims US
Continuing Claims US
Challenger Job Cuts

WORLD INDICES
nasdaq
dow
nikkei
hangseng
shanghai
msci world index
msci india index
msci em index
msci ac pacafic index
Nomura’s Composite leading index

Growth and GDP
Wholesale Price Index
Consumer Price Index
Inflation figure – consolidated
Inflation figure – food
fy09 provisional average inflation
new car sales
industrial production
Index of Industrial Production – Consolidated
Index of Industrial Production – Mining
Index of Industrial Production – manufacturing
Index of Industrial Production – electricity
10 year bond yield
10 years gilt
10 year g sec yield
1 year g sec yield
91 day Treasury Bills
Libor – us uk eur
Mibor
Fiscal stimulus ( % of GDP )
Credit Supply
Federal Funds Rate
Money Supply MS1 MS2 MS3
Government Purchases
RBI / FED Policy Rate
BANK RATE
REPO
Reverse Repo
CRR
SLR
Agricultural Credit
ECB Interest Rates

Corporate Earnings growth
Construction spending
MBA Mortgage Applications
EPFR ( this tracks funds flows )

Indicator of NPL
Net Performing Assets ( NPA )
Sub BPLR loan
Bank purchasing manufacturers index
( the above is a key barometer from 500 cos)
US Fed Rate
ECB rate
Consumer credit

India specific (& USA / International where applicable )
Swap Rates
Dollar and Other Currencies
fiscal deficit
imports & exports – % & absolute & yoy
oil & non oil import bill
net outflow, inflow
Overall / quarter balance of payment Defecit
Fiscal BOP defecit
Current A/c defecit
Merchandise trade def
Trade def numbers
Capital account defecit
total reserves
Foreign current assets
Gold
SDR
Reserves in IMF
External debt
FII, DII inflows
Mutual Funds

Technorati Tags: business inventory, component index, consolidated index, consumer confidence index, consumer price index, consumer spending index, durable goods orders, economic sentiment, hangseng, index futures, industrial production index, inflation figure, initial jobless claims, manufacturing factory, msci india index, msci world index, new car sales, new homes sales, situation index, wholesale price index

I’m very interested in buying a Multiple Monitor Computer System, for my Day Trading Business. I use Several Stock and Forex Trading Programs, but I’m tired of using four different computers. All these day traders, on the ifomercials and on Wall Street, seem to have these Multi-Monitor PCs, with only one mouse and keyboard. Where can you get something affordable, like that? I also read about it on Wikipedia, so I know they exist. Someone told me that I could upgrade my existing computer, by installing another video card, but I don’t want to get involved in all of that. I just need a nice, four LCD multiscreen system, for under 00. Any help would be appreciated! Thanks!

Technorati Tags: computer system, day traders, day trading, different computers, existing computer, Forex Trading, keyboard, monitor computer, multiple monitor, stock, video card, wall street, wikipedia

I want to start forex trading online. I own regular stock, but never dabbled with forex. Which online company is best for beginners? I’m a quick learner, so even if you would say it’s for "intermediate" traders, I’d be OK.

Technorati Tags: learner, stock

Please tell me the details how to choose a broker to trade fx online. I don’t have idea how to do so. I have got Liberty Reserve Account for this purpose with balance of 200 USD. I would be thankful for any help from you guys having valuable experience.

I sent them a check and they sent me an email saying they received the check but it will take five days to clear then they will fund my for ex account.

So five days later i check my bank and it says the money as been paid, so contacted the forex company to ask why my forex account as not been funded, they said they have not received a payment and are not keeping in contact with me now.

Technorati Tags: email, money

I’m looking for a Great signal provider. No hype, no scam, not high priced. And lots of great results?

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