Hello guys,

I'm interested in learning more about forex, options and futures trading. I heard that there are mini or micro account that can go as little as US$ 200 or 300 dollar. Is it true ?

Also, any recommendations for free forex, options and futures trading simulators ? I know that some websites provide this service but usually the virtual capital is too high (10K or up), and I want to set the initial capital to small amount like US$ 300 or 500.

If possible, is there any recommendations for courses/books ? I'm not aiming for those "fancy" amount of income, several thousand/month is OK. Of course I'm not looking for courses that cost hundreds or thousands of dollars…
Thanks for the input. I agree that it's a bit too much to expect thousands of returns for such a small amount of capital.

But, if I expect my capital which is around 300 or 500 to be doubled by around 1-2 month. Doesn't is sound possible ????
My plan is actually something like this :
The capital will be 300 or 500. The goal is to double the capital by around 1 – 2 mounth(s).
When I have more money, I will buy more lots…

To make it safer, every time I manage to double the previous capital, I will do one more time before I plan to use more capital to trade.

It will be something like this (US0 capital) :
500 – 1000 – 1000 (don't use for trading) – 2000 – 2000(don't use for trading) – 4000 and so on …

Now the problem is to find the system that are able to do this… Any recommendations ?

I personally distrust systems that cost hundreds or thousands or dollars. There are simply too many scams…

Technorati Tags: , , , , , , , , ,

What's the difference between adjusted monetary base and currency in circulation?

These are 2 charts from the Federal Reserve that are pretty much identical right until the end, so why is there such a huge difference?

http://research.stlouisfed.org/fred2/series/CURRCIR?cid=342

http://research.stlouisfed.org/fred2/series/AMBNS

I think it's because the bailout money was given to companies not in printed form, but electronically (or traded from the Federal Reserve to the companies' banks), so it's there's more money out there, it's just not in circulation.

Am I understanding this right or not?

Technorati Tags: , , , , , , , ,

Apart from having a good strategy and money for initial setup, what do i need to have before i could set up an online company in Singapore and sell forex trading alerts to customers?
Any licences? Qualifications?
Cheers!

Technorati Tags: , , ,

Trading FX;?

To one of my earlier questions, some people said I could trade in FX and make money from the movement of exchange rates (I was invited to visit 4xmoneytrain, 4xgenie, etc websites).

The presentations made the concepts clear. I'm based in India. I don't know how to go about these exactly! Who shd I contact? where'll I find a FX broker / FX Broker software using which I can place my deals?

If there's someone who's using this method to earn money, I'd appreciate some personal advise! I guess 2 trillion USD turnover a day has enough for all of us individuals to thrive on!

Thanks, in advance!

Technorati Tags: , , , , , , ,

 Page 4 of 4 « 1  2  3  4 
Powered by Yahoo! Answers