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Learning Forex Trading
Heather Said:
Anyone know a good book for learning Forex Trading?We Answered:
A great book I know is Bird Watching in Lion Country reviewed belowTommy Said:
forex trading learning school called f1 academy in singapore. Ever heard about it?We Answered:
Those who can do, those who can't sell their secrets.If a person claims to be making money in any market, they'll keep at it and not share their secrets to any one. Doing so will lessen its effectiveness and they will soon lose their edge.
When a person is making money trading the markets, big money will seek them out and ask them to trade for them.
Consider this: A person who makes 25% profit annually is a king of wall street. Many top flight money managers would give away their first born child to be able to do this. A trader who can double his money in a year is a star--as rare as a pop musician or a top athlete.
If you can make 30% annually, people will beg you to manage their money. If you manage $10million, not an outlandish amount in today's markets, your management fee alone can run to 6% of that, or $600,000 a year. If you make a 30% profit, you will keep 15% of it as an incentive fee, another 450k. You will earn over a million dollars a year trading, without taking big risks.
Given these numbers, why would any one want to share their secrets, their trading edge with any one else?
Hope this helps.
- Jim http://jsforex.blogspot.com
Clyde Said:
Any forums to help get started with forex trading?We Answered:
First: which ones to avoid. There are many "scam forums" in the Forex world. www.forexpeacearmy.com is a well known fake review and forum site: fake forex reviews, self promoting own services. Avoiding scams is becoming an art in Forex trading. Be very wary.OK so,
www.babypips.com has a nice educational section. I like www.forexfactory.com which I recently found myself for A.I in Forex trading for instance. Lots of nice people on the forum, good calender (if you use it, I don't)
Sue Said:
Any software to help get started with forex trading?We Answered:
If you are looking for the best forex software, use this softwarehttp://Make-Money-With-Forex.org/
This software is the best software that can help increase your trading profit
Ethel Said:
Will learning forex trading do me any good?We Answered:
any investment knowledge you have will help you with diversity and offer an improved understanding of how investments work across a variety of marketscommodity and currency trading can be tricky. forex .com is a good site to start with if you haven't already found one you you found helpful.
good luck
Gwendolyn Said:
Learning Forex trading?We Answered:
and watch your money vanish faster than the winter snow in spring,if it was just that easy don't you think everybody would be into Forex,these companies LOVE beginners....