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Question: How do i start with low investment in forex.?
(Posted by: amit m on 2010-07-25 09:27:20)
I want to start forex trading with an initial investment of $200 with the help of signal providers/ autotrade either zulutrade or collective2 , can anyone expert here tell me how do i proceed regarding this you can email me my id:misalamit@yahoo.co.in |
Answers:
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Posted by: JMD on 2010-07-29, 08:22:43
There are certain attributes that make forex success and they consist of; patience, control and above all more patience. I have seen so many want to be forex traders take a glance at the charts and say it looks like it is going down and straight away slap a quick trade on, only to wonder why it suddenly shot up in the wrong direction. The market is very unpredictable but with the right knowledge it is possible to make consistent profits. It is important to pick an entry point and wait for the trade to reach that entry point and not try to get in early. One of the best routes to forex success is to trade in a forex club, this has the advantage of being coordinated by a professional trader who already has the much needed experience. Forex clubs usually consist of a group of people trading live on a webinar with the influence of the professional. Your trades are kept separate and you make the choice of whether you are going to copy the professional or not or how much you wish to trade. The advantage of a forex club and its attributes to forex success is that it has all the experience as an automated system making the decisions, plus it has the human touch for when the market does the unexpected. The cost of having a professional forex trader teach you the ways of successful forex would be very expensive but in a group this cost can be shared amongst the candidates. |
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Posted by: Justin M on 2010-07-25, 12:37:31
Start a simulator account at forex im not sure how to in real life, but you can practice there |
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Posted by: gregory_dittman on 2010-07-25, 14:02:37
You go to a hotel or airport with foreign money and exchange it for the foreign currency that you want and then you go back later and exchange it back. Forex is big money with a forced margin. You are basically forced to push at least $100,000. So you have $10,000 and get a margin (a loan) to push the $100,000. It's possible to lose more money than you put into it. |
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Posted by: Ramesh on 2010-07-25, 22:33:13
You are asking how to start in forex? Suggest you are naive to forex, Its advisable not to trade with real account directly else you will loose out on huge money before you could realize it's that risk. Better you have some learning about forex market by opening demo account, which is free and allows you trade as if you are trading on real account the only difference is you trade with virtual money. Once you gained enough learning in forex market then you can go ahead with real account. minimum you can start trading with 2$. |
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Posted by: Asia forex Mentor on 2010-07-26, 01:46:28
Dont waste your money there. If you really want to make forex a career. You have to learn to trade yourself. Price action is the key in forex trading. 14 years of full time forex trading experience Asia Forex Mentor Ezekiel Chew |
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Posted by: OKBusinessGroup@ on 2010-07-26, 12:35:16
I use an FSA regulated FX Broker |
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Posted by: Sughanya Kathiresan on 2010-07-26, 20:51:10
This "INVESTMENT GUIDE " is more helpful for you TO MAKE YOUR MONEY TO MAKE MONEY FOR YOU,without taking any risk. To gain more basic information TO START A LOW INVESTMENT TO GET GOOD RETURNS REGULARLY,just gothrough the texts and links in the pages of this site savings4future.com...... ALL THE BEST. |
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Posted by: Viren Singh on 2010-07-27, 11:46:22
After long and difficult months in online forex trading I finally switched to forexyard.in and now I made huge profits two months in a row with currency trading and commodity trading like trading in oil and gold. The best thing is that you get a cashback on forexyard.in . If you look in the lower right corner of the website you can see the form to fill in to qualify for the $50 cashback. The software is very graphical and contains animations so it is extremely easy to understand, what is happening at any given point. I believe now a good and easy platform is at least as important to success in online forex trading, as forex news and other forex education, which you get by the way as well on forexyard.in And it is a website hosted in India, if that is no convincing point then I don’t know :-) |
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Posted by: B W on 2010-07-28, 09:24:58
You should have a look at Oanda.ca this broker is registered with the National Futures Association. You can open a real trading account with less than $200.00 if you want. There new toll free number is 1-877-626-3239. All the best to you. |
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