Archive

Archive for September, 2008

Where can I learn more about Forex?

September 9th, 2008
forex
davethewave asked:


I’d like to learn Forex trading, I need to know what skills are required, technical jargon, how a positive or negative occurrence in the economy will affect any certain currency pair and I’d really prefer to learn this free since I do not have a whole lot to start with. Thanks!

PLOSS

Investing , ,

Short Selling Do the new ban on short selling apply to individuals and Index’s forex too?

September 9th, 2008
forex
David C asked:


The FSA in London and the SEC in USA have banned sort selling.

Does this apply to the index’s forex end eminis too and does it also apply to small investors?

Do you think this move will help the markets? or is it a knee jerk reaction for a scapegoat for weak markets? and bad government policy’s?

What do you think?

MCKESSON

Investing , ,

Is it possible to make money scalping the forex market?

September 9th, 2008
forex
blue_prince_of_dallas asked:


If you have a reference for how it’s done, like a website or the name of a book, please pass it along.

HARPE

Investing , ,

How do i know how much long and short positions, and all positions are in a day in the forex market?

September 9th, 2008
forex
dan7974 asked:


I need to know how much long and short positions are in a day on the chart. Thank You.

ZUVICH

Other - Business Finance

What is the secret to successful forex trading?

September 7th, 2008
forex
valgraphies asked:


A complete newbie to forex trading, I am having difficulties figuring out where to look for information, but also what exactly to look for. Commodities? Bank quarterly results?

BOULEY

Investing , ,

How much leverage are you comfortable trading in FOREX?

September 5th, 2008
forex
nauticalpsycho asked:


Does anyone have any suggestions on a leverage limit?

Many FOREX brokers allow up to 200:1 leverage. My trading strategy is to take just very small gains (3 or 4 pips at a time) and set the stop losses way out there just to avoid a total wipeout. I never trade on Fridays either and of course close out before the market closes.

Because of the giant stop losses, I am only comfortable with around 20:1 leverage or maybe 30:1.

In other words, with a $500 margin account balance, I would only consider buying 0.1 lots of EURUSD (10,000) at a time; 0.2 lots with $700; 0.3 lots with $1100 and so on…

Does anyone out there use the same strategy as me and feel comfortable with higher leverage like 40:1, 50:1 or even higher?

CATERINA

Investing , ,

How Much Can I Make In The Forex?

September 5th, 2008
forex
daffodilks asked:


I have received some good answers on here about avoiding penny stocks. One suggested I go with trading in the Forex. How much money can I make on a $1,000 dollar trade for one day? Thanks everyone for your help!

SPEIDEL

Investing , ,

How much do I need to get started trading in forex?

September 3rd, 2008
forex
Brian G asked:


How much money does it take to get started trading in the forex market?

PETRUCCELLI

Investing ,

how does on balance volume in forex trading work as an indicator?

September 3rd, 2008
forex
Collegestudent asked:


someone help who knows statistics. How can one trade on it and not get confused with different periods of time the calculation is based upon.

SLAVEN

Investing , ,

Obscure FOREX traders are promising get rich quick returns, how legitimate are they?

September 2nd, 2008
forex
papadeisabella asked:


Forex Traders promise high monthly returns and stop-loss provisions which suggest that you would never lose all of your money. On the other hand they talk about leverage which suggest that they will always have more to invest than they actually have and therefore all losses will be recovered. I have never heard of high returns and no risk, but this is what the so-called Forex traders are advocating. Is this some kind of scam?

PORTIER

Investing , ,