Where Knowledge Begins
Can someone with experience in this area please answer?
How does ‘currency trading’ work? What kind of brokerage account is needed? Do the standard brokerages houses do this? I have an account at Schwab.
What is "Forex"? How do I buy currency contracts?
Thanks for the help!
New to trading and a little wary of starting , would like to know the following :
1) How difficult is currency trading ?
2) Can you really make money trading ?
3) How many currencies does one suggest I trade as a beginner
4) As a beginner is swing trading the way to go
5) Does taking a currency course make a difference ?
Only Professional people to answer please !!!
I know that with stock trading, it’s 28% and 15%, but I’m not sure what the rate is for currency trading profits. I heard that it’s a bit confusing.
I’d like to get into stock and foreign currency trading if it will not show up on my credit report. What companies do you use for these activities?
I would like to know how to make money with Forex or currency trading. Does anybody have experience and willing to share a couple of tips ?
I don’t know if I would run for office, but here are some of my ideas.
End the war in Iraq and Afghanistan
Close our bases around the world, redeploy troops in bases on our borders
End the Patriot Act
And the Drug War
Move towards eliminating social security by cutting benefits and moving the age to collect benefits up 3 months every year, use the pay roll tax for social security to run other functions of government
Cut Medicaid entirely
Cut Medicare parts C and D
Allow health insurance competition across state lines, enable tort reform
Allow people to withdraw the money they give to their employer to buy health insurance tax free so they can go out and buy their own policy, thus it won’t be tied to their job if they get laid off.
Eliminate Capital Gains taxes, corporate taxes, and estate taxes
Cut all discretionary spending
cut income taxes 5% on the top 2 tax brackets
cut income taxes 7.5% of middle two tax brackets
cut income taxes 10% on the bottom two brackets, thus eliminating income taxes for the bottom bracket
move towards abolishing the IRS and the income tax
abolish legal tender laws, allow private mints to make their own hard money currency and allow banks to create their own denominations
end taxes on gold and silver
move towards abolishing the Federal Reserve
use TARP money to pay off national debt
Free trade
abolish all federal gun laws
workers visas for migrant laborers, but no amnesty and citizenship
reform immigration in five steps: literacy test, civic test, no criminal record(unless they were imprisoned for religious or political reasons), no communicable disease, and forgoing all welfare and entitlements
abolish the Department of Education, Labor, Commerce, Energy, Agriculture, Housing, Health and human services, and Homeland Security.
We need to abolish legal tender laws. We need to allow for competing currencies and floating exchange rates. Yes, the Federal Reserve Note would become worthless but that is the point. People would gravitate to sound currencies like gold and silver and to banknotes created by sound banks.
I’d just like to hear your opinions on currency trading and need a good beginner book/website to read.
Where and how is the best way for me to learn about currency trading? Any pro’s out there?
I am looking into online currency trading and i was wondering what the best website or company is the best. I know some companies have different spreads on the exchange rates and it is better to have small spreads. Also what fees are involved in each company.
I currently trade on the stock market but I am interested in currency trading. I would like to know if it is similar to trading stock in which you trade using an online broker and if so what brokers are the best to use with the lowest commission fees?
I want to invest in forex market.It seems more hopeful in future.which plat form gives the best analysis and free practice account with some bonus.I need real answers!!!!!!!!
i want to trade only in future and option related platform for online trading let me know the webpage regarding my questions. or any address for this
I am looking for a good trading software which provides a practice account without any time limit. I want to trade futures contract on oil,natural gas and ethanol.
I want to be either a financial analyst for a bank or corporation or a credit analyst.
These are my two options as of now:
1. internship at local investment office/brokerage. Some "task" duties like calling clients, preparing for and leading morning meetings, and assisting with trading. Exposure to same software Wachovia Securities uses as a trading platform.
2. internship preparing taxes. Some marketing and customer service involved. Basic knowledge of small business and individual taxation gained. The advantage would be if i exceed some sales goal
Option 1 is unpaid so while a future prospective employer wouldn’t know or care it matters for my decision (but less so than the experience). Option 2 will pay reasonably well. Hopefully a third option at a private equity firm will present itself but I’m not counting on it.
Previously I interned at a consulting company in Shanghai, China and did some financial modeling as well as client interaction. I’m a senior finance major at a typical state school, 3.2 GPA.
Traders require education, experience and knowledge. For this cause we have founded www.pairfx.com – a friendly portal providing tips, a daily market review and answering any questions traders may have.
I would really appreciate if you have some feedback on the reviews we are providing on a daily basis. Most importantly, do they shed some light over the complexity of forex?
http://www.pairfx.com/market-review
has anyone heard of the online trading academy? they teach day trading and swing trading in stocks and currencies. I talked to them and they said with good education and experience in about 6 month i could potentially earn 1 to 4 percent a day day trading.(that is average and taking into account the losses). Do you guys know this institution. Do you think it is possible to make these returns
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?
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?
Hi
I have been testing out the Ninja Trader platform for Indices, forex eminis and futures, it seems fast and I like the on chart trading and audible trade alerts features, Has anyone had any problems using Ninja trader and hoe do you rate it, are there better platforms out there?
Thanks
Hello everybody,
Can you guys please suggest me some online brokerage names based on my requirements:
#1: Brokerage should allow to trade stocks,options, futures and forex.
#2:Brokerage should be able to allow me to trade all the above listed things in Worldwide Important Exchanges (NOT only american stock or equity or futures exchange).They should be international.
#3: I would like to trade more times a day i.e, entering and exiting the different trade multiple times in a single day.So, Commision for trade should be reasonable or inexpensive.e.g: I do not want to pay 10 dollars for the single trade as a comission if i planned to exit the trade immediately because if i thought i made wrong decision.You understand what i am saying?
#4:Some kind of reliability.(Customer service, Trading platform etc…)
#5:Broker who satisfies you ,:"YOU" means whoever answering my question.
#6:Advice or suggestions.
Thank You.
i would like to contact nse broker providing trailing stoploss facility in future contacts in india. i want trade through internet on futures if trailing stop loss facility is provided in the trading platform
I want to start trading stocks, options, commodities, futures – does anyone know of any good platform for that? Please help.
The U.S. currently has the world's largest GDP and not by a little bit, but there seems to be substantial problems.
Namely:
1. U.S. currency isn't backed by gold or any other assets;
2. the U.S. national debt is the worst ever… 10 trillion dollars is about 70% of what the U.S. typically earn in a year… Anyone with a 70% debt load is a bad debt, such an individual is not a person people are going to lend money to, and that 70% doesn't include interest payments.
3. Bail outs, cash and spend government policy, and creative accounting practices distorting financial figures of actual earnings/losses, assets, and liabilities are likely to spur the trillion national debt further
4. Nothing I personally see from the Obama economic stimulus plan helps anyone but the rich for any real length of time… I don't see small business support, or anything saving or creating jobs, there is a college element but education without jobs is worthless
5. Other countries rely greatly on product sales to U.S. consumers to fuel their economies, but I'd image that at some point these countries may find it more benificial to either keep their own products or trade them elsewheres
What/where is the breaking point?
I mean something like with a language for it, like TradeStation is for stocks and futures and MetaTrader is for forex. (I also want to trade the underlying too).
