Currency Trading Knowledge Base
Currency Trading? 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?
currency trading? 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.
Currency trading? Where and how is the best way for me to learn about currency trading? Any pro's out there?
How difficult and technical is Currency Trading? 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 !!!
what are the mechanics of doing currency trading? 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!
What is a good introduction to online currency trading.? I have a decent amount of seed money from playing poker semi-professionally and feel I would do well in currency trading. I have enough for sign-up minimum at most online exchange sites. I need reliable and up to date information on currency trading. If would be helpful if you post your credentials along with your answers (though no necessary)
Would a travel agent barter for currency trading? Hi, I am thinking about taking my wife on a nice vacation. What I want to know is do you think a travel agent would give me a nice discount for a trip to say Sandals in exchange for my knowledge of currency trading? I think it would be a fair trade off. Me showing them how to make money everyday from trading, but what do you think?
Could currency trading create a trillionaire? I want to know what your thoughts are on if it is possible that currency trading could mint a trillionaire by trading the ups and downs of the currency market and in doing so, reinvesting all your capital again, and again and again until you become a trillionaire?
What is the best site for trading stocks and currency exchange? I am completely new to the world of trading stocks or currency, but I want to get started. I see ads for all these different websites (ameritrade, etrade, etc.), and I was wondering, which (if any) would be the best for a beginner? I'm not looking to get rich quick, but I would like to start investing my money for the long term. Also, which if any of these sites offers a way to trade currencies? Ideally, I would become a member of the site with the best combination of both of these (trading stocks and currency). Thanks
Why should $ USD be the trading currency for all our international transaction? All our international transaction occurs in USD & not in INR. This occurs no matter whom we trade with. For example we buy crude oil from Saudi Arabia, yet we pay them in $ & not in Rial or INR. Why should we use $ in payment, why not INR or some other country be the trading currency. This not the case with India, all over the world they do this. Other dominant currency is euro. But why should international monetory be controled by rich nations, why not it be poor nation. Why should a fate of one country be decided by other country ?
Could currency trading create a billionaire in his/her early 20s? I want to know in your opinion if you think that currency trading could create a billionaire in his/her 20s, and if you think that some MBA student fresh out of uni in his/her early 20s if they are clever enough could achieve billionaire status as such in their early 20s?
What is better out of trading ordinary spot forex or currency options? I am 18 years old and I am considering trading currencies as a home based business. I've had practice with ordinary spot forex and find it okay. I want to know what is better if I was to trade ordinary spot forex or currency options? Which is better, and which has the best chance of you becoming successful and becoming a millionaire out of?
Where can i find a currency trading expert? If i have a good amount of capital and want to trade the currency market but have a bit of knowledge but not as much as an expert , Where could i find someone who can teach me and get paid for their time teaching me? I'm in Ireland
How risky is currency trading? I recently tried out a currency traiding simulator created by a company named ACM and made a considerable amount of money ( unfortunately none of it real as it was only a simulator). THis has left me wondering whether to start up an account with them and start currency trading. But I am worried about losing all my savings. Everything went extremely well on the simulator, but does anyone know how risky it might be?
Anyone currently doing any Forex currency trading? As with any investment, I understand there are risks. However, I am seriously considering taking the online training course offered by Forex on Currency Trading. It seems too easy to make money and I believe there must a catch. I'm only going to invest what I can afford to LOSE! But I would love to hear from someone already trading or have traded!
Currency Trading: is it a viable long term way to make money from home? I went to an introduction to FOREX (foreign exchange) class recently and they were telling us how with a good education in FOREX you can consistently make money, and good money too, since you are trading 50 or 100 times what you have in your trading account. The complete course is $2000 and they were pushy for us to take the class so I didn't feel so confident about it, but i read up on the subject a bit and did a trial trade for about 30 days, I was up a lot at one point (about $8000) but in the end of the month i pretty muich broke even. WIth more knowledge and a proper education on the subject can it be a long term way of makin money? DEAR ALL, thanks for your responses, overall you seem to think currency trading is high risk and not really a viable way of making money from home. I should have mentioned in my question that if i were to do it, i would want to rely more on technical analysis and all the ratios and different theorems etc. I would also be making trades that are from about 30 minutes to at most one day. Does this change anyones opinion on the subject?
Is Currency Trading advantageous for the little guy? I'm in my early 20s and have just started reading up on forex trading. Is is true that i can use leverage using my $300 to make it equal something double or triple that.? I am aware of the huge risk involved but does forex allow one's cash to go further?
Can you tell me about Forex and currency trading? I really should get more educated before I decide if I would like to do this. Basically if you could give me a brief overview of currencty trading. Also, how much would I need to have in my forex account to actually make it worth the time and effort of trading and to be able to make any money? I'm a college student so a couple hundred bucks is probably all I could put in adn that's even stretching it a little.
Where can I download MetaTrader 4 for currency trading? Is there a cost involved? I already have a brokerage, but can't get MetaTrader 4 through them. Do I need to be trading through a particular broker or other entity in order to get MetaTrader 4, or can I just download an independent version to my computer? Please advise.
Is it possible to turn £5,000 into £500,000 trading currency CFDs within 2 years? I am nearly 18 and I should have saved up £5,000 by this age. I'm looking to trade currency CFDs (Contracts for Differences) starting with my £5,000 in savings. What I'd like to know is if it would be possible to parley my £5,000 investment into £500,000 within 2 years trading currencies, and if it has been done before by anyone?
Does anybody here earn money from currency trading? I don't want to see a lot of stupid adverts for forex. Is there anybody here who has consistently earnt money on leveraged forex trading? A clue to the secret of your success would be nice :-). The internet is filled with forex rubbish and I have not met one person yet who actually earns.
What is the best currency trading backtester? I am looking at backtesting a strategy and need a program to do that on. I have seen some on the internet and they are confusing. I do not even know how to do java /code programming well (which some programs require you to use). So in conclusion, what has worked for you? Looking for advice in regard to a back tester program.
currency trading? can any body tell how to start currency trading business.is it possible to do this business on line.
Commodity and Currency Trading Websites? Hi, What are the good Commodity and Currency Trading Websites? I would like to start trading. I am a low volume trader probably 1-5 trades a month. Which sites have good rates?
Any one know about Forex Currency Trading? I would like to know any important details about Forex, mainly costs of commision fees if there are any (I am sure there are) and if this is the best choice for currency trading. Thanks!
is there any way for one to earn a weekly income by trading currency? ect, buy buying & selling foreign currency a few days a week. i'm looking into this and would like some feedback on the idea. i have accumulated a fair amount of money in my time in the workforce, but am seeking a stress free way of earning an income. I think this is the way to go.
Does anyone here invest in forex currency trading where you just invest and they trade it for you.? I saw a few in a google search talked about 20% returns and stuff but they were not in the US. I don't want to risk anything outside the USA. Please only reply if you have done it or are currently doing it. Please post links of anyone you recommend. thanks As I said please don't reply if you have no "DIRECT" experince with investing in one of these. I know the risk's i'm looking for a ligitimate company that's why I asked for someone that is doing it. I don't have time to trade it my self I already trade futures this is for someone else that has an extra 50k to risk. That link doesn't work to the blog.
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