Showing posts with label forex live trading room. Show all posts
Showing posts with label forex live trading room. Show all posts
Is it possible to make a living from trading currencies FOREX?
Posted by Ryanita
on
Tuesday, June 3, 2014
, under
forex live trading room
|
comments (0)
Q. I meet a guy at a party who said that's what he did for a living.
Is it really possible for an individual to trade currencies. How can you compete with the institutions? What software would you use. What type of software do the institutions use?
This sounds really made up. Where can I learn more about trading Currencies?
Is it really possible for an individual to trade currencies. How can you compete with the institutions? What software would you use. What type of software do the institutions use?
This sounds really made up. Where can I learn more about trading Currencies?
Answer
There are millions of people around the world that make a living from trading the Forex. All you need to do is to get trained on how to do it. When you do, all your questions that you asked will have clear answers.
You should try www.londonstonetrading-fxsuccess.com. They train people worldwide and set them up with software, instant chat room, mentors etc. Also, if you decide it's not for you, they offer all your money back. Pretty good. Good luck.
There are millions of people around the world that make a living from trading the Forex. All you need to do is to get trained on how to do it. When you do, all your questions that you asked will have clear answers.
You should try www.londonstonetrading-fxsuccess.com. They train people worldwide and set them up with software, instant chat room, mentors etc. Also, if you decide it's not for you, they offer all your money back. Pretty good. Good luck.
who is the best forex broker to use?
Tommy L
with a good reputation
what do you guys think of forex.com?
Answer
If you are new at forex, I would suggest Marketiva. It's a very reliable broker that will give you $5 free to start trading.
You can join at: http://www.marketiva.com/?gid=27259
It's also famous for its live support system and multi-language chat rooms.
------------------------------------
Etoro is another good broker to join(you may trade currencies, gold, silver and other commodities as well).
It's well known for its innovative platform, where trading at Etoro is like playing games.
Also, you can receive up to $1000 for your initial deposit. In addition, there are weekly contests where you can earn cash prizes.
Join here: http://www.etoro.com/B641_A15263_TClick.aspx
If you are new at forex, I would suggest Marketiva. It's a very reliable broker that will give you $5 free to start trading.
You can join at: http://www.marketiva.com/?gid=27259
It's also famous for its live support system and multi-language chat rooms.
------------------------------------
Etoro is another good broker to join(you may trade currencies, gold, silver and other commodities as well).
It's well known for its innovative platform, where trading at Etoro is like playing games.
Also, you can receive up to $1000 for your initial deposit. In addition, there are weekly contests where you can earn cash prizes.
Join here: http://www.etoro.com/B641_A15263_TClick.aspx
Powered by Yahoo! Answers
Forex Killer from Forex-Killer.com by Andreas Kirchberger?
Posted by Ryanita
on
Sunday, June 1, 2014
, under
forex live trading room
|
comments (0)
LemmeKnow
Forex Killer requires no trading experience and seems to offer forex signal generator software that they have designed.
See
http://Click-on.to/Forex-Killer
Has anyone traded forex using this software and what were the results like?
Answer
i have not traded using the software you mentioned but one thing is for sure, without experience you are bound to loose your money.
i suggest instead you check your options in this site. they do not provide auto signals or tippers, instead, they will provide a REAL, LIVE PERSON called Account Service Manager who is actually an expert in the field of forex trading to be your mentor, adviser, friend and trading partner.
the volatility of the market is so high that no amount of computerized maneuver can really predict the outcome of currency pairs but your Account Service manager can give expert advises, tricks and strategies to become successful in your trading activities based on actual, real experiences and years of trading. He/she will even trade with you until you become familiar with the system and you can then trade on your own. And you can always interact with other expert forex traders in their chat room.
Start by registering and downloading a Free Ebook. If you are a newbie in this field, you need to read a lot to learn the trade.
i have not traded using the software you mentioned but one thing is for sure, without experience you are bound to loose your money.
i suggest instead you check your options in this site. they do not provide auto signals or tippers, instead, they will provide a REAL, LIVE PERSON called Account Service Manager who is actually an expert in the field of forex trading to be your mentor, adviser, friend and trading partner.
the volatility of the market is so high that no amount of computerized maneuver can really predict the outcome of currency pairs but your Account Service manager can give expert advises, tricks and strategies to become successful in your trading activities based on actual, real experiences and years of trading. He/she will even trade with you until you become familiar with the system and you can then trade on your own. And you can always interact with other expert forex traders in their chat room.
Start by registering and downloading a Free Ebook. If you are a newbie in this field, you need to read a lot to learn the trade.
is any college or program for being a professional Forex trader?
nobody
Answer
Now a days, you can get the best training online. Bob Iaccino was a Chicago truck driver, who learned forex trading on his own. He is now considered to be an authority on forex trading and gets regularly interviewed by CNCB, Bloomberg and other financial channels. He recently started his online forex classroom.
Anybody from anywhere in the world could join. This classroom runs online with the students from all over the world meeting in an online chat room where Bob gives the lectures. Then there are live trading sessions. The duration of this classroom is for one semester. Bob starts from the very basics and then takes the students step by step to a higher level.
You can do research and find many good online forex training programs that you can take. The good thing is that most of them have a money back guarantee so you don't have to worry if you don't find the right things in it. Simply go for a refund.
Now a days, you can get the best training online. Bob Iaccino was a Chicago truck driver, who learned forex trading on his own. He is now considered to be an authority on forex trading and gets regularly interviewed by CNCB, Bloomberg and other financial channels. He recently started his online forex classroom.
Anybody from anywhere in the world could join. This classroom runs online with the students from all over the world meeting in an online chat room where Bob gives the lectures. Then there are live trading sessions. The duration of this classroom is for one semester. Bob starts from the very basics and then takes the students step by step to a higher level.
You can do research and find many good online forex training programs that you can take. The good thing is that most of them have a money back guarantee so you don't have to worry if you don't find the right things in it. Simply go for a refund.
Powered by Yahoo! Answers
who is the best forex broker to use?
Posted by Ryanita
on
Wednesday, April 16, 2014
, under
forex live trading room
|
comments (0)
Tommy L
with a good reputation
what do you guys think of forex.com?
Answer
If you are new at forex, I would suggest Marketiva. It's a very reliable broker that will give you $5 free to start trading.
You can join at: http://www.marketiva.com/?gid=27259
It's also famous for its live support system and multi-language chat rooms.
------------------------------------
Etoro is another good broker to join(you may trade currencies, gold, silver and other commodities as well).
It's well known for its innovative platform, where trading at Etoro is like playing games.
Also, you can receive up to $1000 for your initial deposit. In addition, there are weekly contests where you can earn cash prizes.
Join here: http://www.etoro.com/B641_A15263_TClick.aspx
If you are new at forex, I would suggest Marketiva. It's a very reliable broker that will give you $5 free to start trading.
You can join at: http://www.marketiva.com/?gid=27259
It's also famous for its live support system and multi-language chat rooms.
------------------------------------
Etoro is another good broker to join(you may trade currencies, gold, silver and other commodities as well).
It's well known for its innovative platform, where trading at Etoro is like playing games.
Also, you can receive up to $1000 for your initial deposit. In addition, there are weekly contests where you can earn cash prizes.
Join here: http://www.etoro.com/B641_A15263_TClick.aspx
why is it very hard to make money in forex?
Johnbull M
why following all technical indicators person still lose I am tired.
Answer
Your question is about trading, not necessarily forex. Any highly leveraged trading vehicle is going to exacerbate any problems, but the problems are with trading technique. If you're tired, give it up. Just because it seems ideal for your situation or because it seems a great way to make money does not mean you personally are cut out to be a trader. You have to love trading to be a good trader, and you have to love to learn like in any profession. Just because you had the tools and access to an operating room, doesn't mean you would perform brain surgery or engineering. You might as well ask "Why is engineering hard?"
Most technical traders spend their whole lives looking for the holy grail of indicators; there are literally thousands of combinations. There is no best indicator or holy grail. Just find the ones that work for you and a time frame that fits your trading style. And yes, when two or three indicators confirm each other (not conform), there are better odds of success.
But most people never address the psychological side of trading, never address what makes them trade emotionally. Many people never develop a written trading plan, or test the plan or test the plan according to the plan exactly, or trade the plan exactly. Most people never accurately define risk. It comes back to the psychological aspects of trading. Why can't you trade according to a written plan? There's more to it than just hitting the button when a couple of indicators confirm. People fail technical analysis, not the other way around. But people being people, they need an excuse for their failure, and it's much easier to blame an object or method than deep introspection and honesty with oneself.
You'll know what I mean when price comes crashing down against the trend to your previous support or fibonacci retracement and you fail to hit the button according to plan, simply because price movement is in the wrong direction to your emotions. The market is structured in such a way to compel you to act contrary to your own best interest! That is the reason why most continue to buy at highs and sell at lows. But lazy people would rather blame technical analysis and quit before they learn good trading techniques, like buying on dips instead of chasing price or where two indicators confirm.
IF you believe that success/failure is due to luck or external forces like the PPT, TPTB, GS or Ben Bernanke, you will continue to repeat your errors, and your trading career will be short lived and end in disaster. Take the responsibility upon yourself. Own it! This is difficult for many to do. Many people actually believe the future can be known and/or predicted. These are many of the irrational thinkers that blame technical analysis for their failures.
IF you need to be right and have a need to seek to control the market, you are an inefficient decision maker. It won't matter much what method you use because it will be inefficient. But you will do better by keeping it simple so you can control it and not think too much or make complex decisions.
Like fast food, people just want it simple, in one little package, real fast, like right now. Just give me the secret to success and riches; don't make me work or think or decide or learn or, heaven forbid, know myself and be honest with myself and responsible, etc.
It certainly takes bravery to remain skeptical, it takes inordinate courage to introspect, to confront oneself, to accept ones limitations. Scientists are seeing more and more evidence that we are specifically designed by mother nature to fool ourselves.
How else could there be so many fools and idiots, that are actually pretty intelligent?
Blaming technical analysis that is used successfully by so many, that is prevalent throughout the industry, that allows so much more than you've taken the time to comprehend, is like blaming your pencil.
Your question is about trading, not necessarily forex. Any highly leveraged trading vehicle is going to exacerbate any problems, but the problems are with trading technique. If you're tired, give it up. Just because it seems ideal for your situation or because it seems a great way to make money does not mean you personally are cut out to be a trader. You have to love trading to be a good trader, and you have to love to learn like in any profession. Just because you had the tools and access to an operating room, doesn't mean you would perform brain surgery or engineering. You might as well ask "Why is engineering hard?"
Most technical traders spend their whole lives looking for the holy grail of indicators; there are literally thousands of combinations. There is no best indicator or holy grail. Just find the ones that work for you and a time frame that fits your trading style. And yes, when two or three indicators confirm each other (not conform), there are better odds of success.
But most people never address the psychological side of trading, never address what makes them trade emotionally. Many people never develop a written trading plan, or test the plan or test the plan according to the plan exactly, or trade the plan exactly. Most people never accurately define risk. It comes back to the psychological aspects of trading. Why can't you trade according to a written plan? There's more to it than just hitting the button when a couple of indicators confirm. People fail technical analysis, not the other way around. But people being people, they need an excuse for their failure, and it's much easier to blame an object or method than deep introspection and honesty with oneself.
You'll know what I mean when price comes crashing down against the trend to your previous support or fibonacci retracement and you fail to hit the button according to plan, simply because price movement is in the wrong direction to your emotions. The market is structured in such a way to compel you to act contrary to your own best interest! That is the reason why most continue to buy at highs and sell at lows. But lazy people would rather blame technical analysis and quit before they learn good trading techniques, like buying on dips instead of chasing price or where two indicators confirm.
IF you believe that success/failure is due to luck or external forces like the PPT, TPTB, GS or Ben Bernanke, you will continue to repeat your errors, and your trading career will be short lived and end in disaster. Take the responsibility upon yourself. Own it! This is difficult for many to do. Many people actually believe the future can be known and/or predicted. These are many of the irrational thinkers that blame technical analysis for their failures.
IF you need to be right and have a need to seek to control the market, you are an inefficient decision maker. It won't matter much what method you use because it will be inefficient. But you will do better by keeping it simple so you can control it and not think too much or make complex decisions.
Like fast food, people just want it simple, in one little package, real fast, like right now. Just give me the secret to success and riches; don't make me work or think or decide or learn or, heaven forbid, know myself and be honest with myself and responsible, etc.
It certainly takes bravery to remain skeptical, it takes inordinate courage to introspect, to confront oneself, to accept ones limitations. Scientists are seeing more and more evidence that we are specifically designed by mother nature to fool ourselves.
How else could there be so many fools and idiots, that are actually pretty intelligent?
Blaming technical analysis that is used successfully by so many, that is prevalent throughout the industry, that allows so much more than you've taken the time to comprehend, is like blaming your pencil.
Powered by Yahoo! Answers
What's your advice for a Forex beginner?
Posted by Ryanita
on
Saturday, February 8, 2014
, under
forex live trading room
|
comments (0)
aaron_3719
I've been reading on this stuff and I wanna know more, I know there's a lot more to know than bid and ask, I've set up a demo account and been doing pretty bad haha, I just wanna know what advice can you give me for me to get a better understanding of how all this works? what's your method of doing things? you don't have to give me your secrets haha just tips on how to better my chances
how do you become a pro without first being a amature?
Answer
My advice is to read books on trading, forex is just another market. It trades like a commodity. You'll be surprised at the number of books at your local library, or through the interlibrary loan system.
"Which Is Better, Buy-and-Hold or Market Timing?"
"Do You Have What It Takes to Be a Market Timer
The Beginner's Bible in Technical Analysis is:
Edwards & McGee"Tech. Anal. Of Stock Trends"
Droke, ClifTechnical Analysis Simplified
Kahn, Michael N.Tech. Anal. Plain & Simple
Kamich, Bruce M.How Technical Analysis Works
Lefevre, EdwinReminiscences of a Stock Operator
Lofton, ToddGetting Started in Futures
Lowenstein, RogerBuffet (Warren)-The Making of a Capitalist
Rotella, Robert P.Elements of Successful Trading, The
Wasendorf, RussellAll About Futures
Slutsky, Scot and Darrell JobmanComplete Guide to Electronic Futures Trading, The
Extraordinary Popular Delusions and the Madness of Crowds" by Charles Mackay
The Intelligent Investor, by Benjamin Graham
http://money.howstuffworks.com/...
http://www.investopedia.com/
There is no one indicator, there is no get rich quick scheme, there is no pot at the end of the rainbow.
Like any vocation, it takes hard work, lots of study, and the testing of your theories, learning what makes you tick, learning your own particular time and stress levels, and fighting the emotions of fear, greed, and loss of hope.
Most traders spend their entire time looking for the Holy Grail of indicators, and that's why 85% of all traders fail.
Your success or failure lies within you, not some indicator.
Get a mentor or trading coach.
Develop a Trading Plan.
Entry Price, Price Target, the max Iâm willing to lose, the time frame, the size of the position, and the date of any reports on the news.
Create a written plan. A plan is composed of two primary parts:
1.The blueprint is a preliminary action plan developed before trading begins. Review the plan every few weeks. It is a living document that evolves over time. I always revise my plan for the summer trading season since summertime market conditions call for different strategies.
2.The Journal is a day-to-day microadjustment of the blueprint. This is the document that requires you to adhere to your plan. Emotional aspects of trading on a daily basis are written in here. Questions such as: Did I follow my blueprint today?
Have 3 things absolutely clear in your head before doing a trade:
1.Why are you making the trade.
2.Where are you going to get out on the profit side?
3.Where are you going to get out on the loss side?
Develop conviction.
The market has little room for arrogance or ego.
Avoid holding positions over weekends.
Scared money never wins.
Size the trade.
Avoid chaotic stocks, like penny stocks
Do the research.
Forget about chat rooms.
No clarity, no trade.
Day trade the ranges and swing trade the trends.
Donât make it rocket science, âcause it ainât.
Know thyself.
Inspect what you expect.
Update and review weekly.
Donât lie to your spouse or significant other.
Be humble and admit mistakes.
Never let emotions control you.
Avoid stock tips.
Never take home a loser.
Learn to lose.
Make trading a habit.
Never let your attitude suffer.
The market is always right.
Average winners, not losers
Never let a winner turn into a loser.
Take profits often.
Never mix disciplines. If you open a day trade, close a day trade.
Never try to trade back a loser. Donât fight the tape.
My advice is to read books on trading, forex is just another market. It trades like a commodity. You'll be surprised at the number of books at your local library, or through the interlibrary loan system.
"Which Is Better, Buy-and-Hold or Market Timing?"
"Do You Have What It Takes to Be a Market Timer
The Beginner's Bible in Technical Analysis is:
Edwards & McGee"Tech. Anal. Of Stock Trends"
Droke, ClifTechnical Analysis Simplified
Kahn, Michael N.Tech. Anal. Plain & Simple
Kamich, Bruce M.How Technical Analysis Works
Lefevre, EdwinReminiscences of a Stock Operator
Lofton, ToddGetting Started in Futures
Lowenstein, RogerBuffet (Warren)-The Making of a Capitalist
Rotella, Robert P.Elements of Successful Trading, The
Wasendorf, RussellAll About Futures
Slutsky, Scot and Darrell JobmanComplete Guide to Electronic Futures Trading, The
Extraordinary Popular Delusions and the Madness of Crowds" by Charles Mackay
The Intelligent Investor, by Benjamin Graham
http://money.howstuffworks.com/...
http://www.investopedia.com/
There is no one indicator, there is no get rich quick scheme, there is no pot at the end of the rainbow.
Like any vocation, it takes hard work, lots of study, and the testing of your theories, learning what makes you tick, learning your own particular time and stress levels, and fighting the emotions of fear, greed, and loss of hope.
Most traders spend their entire time looking for the Holy Grail of indicators, and that's why 85% of all traders fail.
Your success or failure lies within you, not some indicator.
Get a mentor or trading coach.
Develop a Trading Plan.
Entry Price, Price Target, the max Iâm willing to lose, the time frame, the size of the position, and the date of any reports on the news.
Create a written plan. A plan is composed of two primary parts:
1.The blueprint is a preliminary action plan developed before trading begins. Review the plan every few weeks. It is a living document that evolves over time. I always revise my plan for the summer trading season since summertime market conditions call for different strategies.
2.The Journal is a day-to-day microadjustment of the blueprint. This is the document that requires you to adhere to your plan. Emotional aspects of trading on a daily basis are written in here. Questions such as: Did I follow my blueprint today?
Have 3 things absolutely clear in your head before doing a trade:
1.Why are you making the trade.
2.Where are you going to get out on the profit side?
3.Where are you going to get out on the loss side?
Develop conviction.
The market has little room for arrogance or ego.
Avoid holding positions over weekends.
Scared money never wins.
Size the trade.
Avoid chaotic stocks, like penny stocks
Do the research.
Forget about chat rooms.
No clarity, no trade.
Day trade the ranges and swing trade the trends.
Donât make it rocket science, âcause it ainât.
Know thyself.
Inspect what you expect.
Update and review weekly.
Donât lie to your spouse or significant other.
Be humble and admit mistakes.
Never let emotions control you.
Avoid stock tips.
Never take home a loser.
Learn to lose.
Make trading a habit.
Never let your attitude suffer.
The market is always right.
Average winners, not losers
Never let a winner turn into a loser.
Take profits often.
Never mix disciplines. If you open a day trade, close a day trade.
Never try to trade back a loser. Donât fight the tape.
Forex Killer from Forex-Killer.com by Andreas Kirchberger?
LemmeKnow
Forex Killer requires no trading experience and seems to offer forex signal generator software that they have designed.
See
http://Click-on.to/Forex-Killer
Has anyone traded forex using this software and what were the results like?
Answer
i have not traded using the software you mentioned but one thing is for sure, without experience you are bound to loose your money.
i suggest instead you check your options in this site. they do not provide auto signals or tippers, instead, they will provide a REAL, LIVE PERSON called Account Service Manager who is actually an expert in the field of forex trading to be your mentor, adviser, friend and trading partner.
the volatility of the market is so high that no amount of computerized maneuver can really predict the outcome of currency pairs but your Account Service manager can give expert advises, tricks and strategies to become successful in your trading activities based on actual, real experiences and years of trading. He/she will even trade with you until you become familiar with the system and you can then trade on your own. And you can always interact with other expert forex traders in their chat room.
Start by registering and downloading a Free Ebook. If you are a newbie in this field, you need to read a lot to learn the trade.
i have not traded using the software you mentioned but one thing is for sure, without experience you are bound to loose your money.
i suggest instead you check your options in this site. they do not provide auto signals or tippers, instead, they will provide a REAL, LIVE PERSON called Account Service Manager who is actually an expert in the field of forex trading to be your mentor, adviser, friend and trading partner.
the volatility of the market is so high that no amount of computerized maneuver can really predict the outcome of currency pairs but your Account Service manager can give expert advises, tricks and strategies to become successful in your trading activities based on actual, real experiences and years of trading. He/she will even trade with you until you become familiar with the system and you can then trade on your own. And you can always interact with other expert forex traders in their chat room.
Start by registering and downloading a Free Ebook. If you are a newbie in this field, you need to read a lot to learn the trade.
Powered by Yahoo! Answers

