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forex35

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  1. no problem,it was very usefull for myself at the beginning,so its a pleasure for me if i can help.. forgot to say something important: its highly possible that a new trader loose his first account..(i know it well,blowed out three accounts in the first 6 month of trading with real money) important thing for success is: Dont give up! most stories of sucessful traders begin with a blowed account ;) try it first with small money,till you feel comfortable with bigger positions its possible to begin trading with amounts between 100 and 1000 dollars, and the good thing in forex is,you can not loose more than you invest in your account. if your trading is horrible and all goes against you,the broker will give you a margin call at the end and your positions all will be closed automaticly before your balance can go negative
  2. hi, i am a new member of this forum,and i can say,there IS money in forex... you must learn alot about the rules and the psychologie of the markets,and more important than the best strategie is a proper risk and moneymanagement...and be able to control your emotions,when your money is in the market... one of the best sites to begin and learn about forex is http://www.babypips.com/ there you can visit the school of forex and learn from basic to graduate. and while you learn,open a demo account with a broker,its without risk and for free,you trade with virtual dollars. there you can test your strategies,learn about the use of indikators,learn to read the charts and become the feeling for the markets. dont invest more than you can afford to loose,and first try to become profitable with your demo account,before invest real money. but always remember,that paper trading is easier to become profitable than trading with your own,real money,because of your psych. some brokers,like avafx,offers bonus on your first deposit,so you can trade with more margin than you must invest...

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