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Archive for January, 2007

What is the best broker for Forex?

Posted by admin On January - 11 - 2007
Adam S asked:

I have been day trading stocks for a few years with consistent success and would like to take a ***** at Forex. There are so many brokers and I have no idea who is the best choice. Any recommendations?
Thank you for the comments and suggestions- I think it’s important to add that I am based in the U.S.A., I would like to use an automated platform, with the capability of manual trades.

Since I am new to forex and wary of schemes, I will initially risk $1,000, but will probably end up risking more eventually. Thanks again for the help.

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Popularity: 20% [?]

Is there a safe way to hire a forex fund manager overseas?

Posted by admin On January - 11 - 2007
Lobster Dinosaur asked:

How should I or my company protect the investment?

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Popularity: 7% [?]

volumetwo asked:

I have heard from friends that some forex dealers have shady practices, i.e. they take the opposite side of your trade so you can’t win easily, don’t fill your order easily etc…..

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Popularity: 16% [?]

what is the lowest leverage for mini forex account?

Posted by admin On January - 11 - 2007
aishah a asked:

i plan to open a mini account with USD 800. i plan to gain 15 pips in a day but i don’t want to use a very high leverage due to its high risk. what is the lowest leverage offered in mini account? from which broker?

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Popularity: 7% [?]

What is a virtual forex account?

Posted by admin On January - 11 - 2007
hisoka147 asked:

I’m ignorant about forex. I’ve just seen these as an ads from a certain website where I can open a free virtual forex account. Anybody who can explain what is it all about?

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Popularity: 13% [?]

Can Forex Killer be used on its own to decide trades ?

Posted by admin On January - 11 - 2007
Julia S asked:

I am nervous trying to decide when to enter trades so would Forex Killer help? i do very well on paper trades.

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Popularity: 13% [?]

cara asked:

I want to know that which is the fast (or fastest) forex trading system?

It may be a software or web based system (Please provide links). But, please help me, which broker (or trading system) works faster?

I would be more thankful if you could guide me with your experience.

thanks in advance.

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Popularity: unranked [?]

Is there a good, web based forex platform?

Posted by admin On January - 11 - 2007
Vagabond asked:

I would like to experiment with forex, however due to my current location on this rock, I can only use web based, non-java applications. This is due to firewall limitations and can not be overcome. Is such a web-based system available?
The firewall is not my own or PC based. It is a centralized, proprietary, limited permission system. It has to do with residing in a rather restrictive environment. I am not able to bypass it in any way – all traffic must route through it and must be authenticated.
The firewall is not my own or PC based. It is a centralized, proprietary, limited permission system. It has to do with residing in a rather restrictive environment. I am not able to bypass it in any way – all traffic must route through it and must be authenticated.

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Popularity: 13% [?]

Where can I go to start a demo ForEx trading account?

Posted by admin On January - 11 - 2007
Need Help asked:

I would just like to practice it, I really don’t have much money and don’t really wish to attempt trading right now but would like to see what I can do with a demo account/

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06294086 asked:

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 (US$500 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…

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Popularity: 23% [?]