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Old 10-23-2008, 09:44 AM
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Ahmed is on a distinguished road
Default Any Advice for forex newbie?

Please any thing might help.
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Old 10-23-2008, 10:20 AM
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Default Any Advice for forex newbie?

There's a really neat explanation of how Forex Leverage works in the free beginners guide at http://www.forexfromscratch.comAll you need to do is type your name and email into the boxes, hit the submit button and they will email you the book.It's a fully illustrated 5 step guide to starting in forex - tells you everything you need to know!
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Old 10-23-2008, 10:56 AM
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Xelam1468 is on a distinguished road
Default Any Advice for forex newbie?

have an expert forex trader guide you through your deals. this is a lot better than doing the learning all by yourself and it would not as costly as you think. you can open a "mini account" in this site for only $100 and you will be provided a personal Account Service Manager who will be your mentor, consultant and trading partner as well. all the best.
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Old 10-23-2008, 11:32 AM
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Default Any Advice for forex newbie?

There are a lot of excellent resources online to help you learn and trade Forex and many are free. Here is a list of a couple free Forex sites that will help you get started. (I am in no way affiliated with any of the sites... no incentive whatsoever to refer you to them. They provide a valuable service for no price and ought to be commended for it.)http://www.babypips.comhttp://www.forexfactory.comhttp://www.forexpeacearmy.com
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Old 10-23-2008, 12:08 PM
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bptunlimited2126 is on a distinguished road
Default Any Advice for forex newbie?

Trading Forex is very complex and requires a lot of research to understand. Everyone I run into has told me to make sure I know what I'm doing before I start trading, as people just like me everyday enter the forex markets, only to be wiped out. I'm not one who likes waiting, and I didn't want to spend the next couple of months doing research, so I went out and actually bought the forex tracer program and have had it running on a demo account for one week now. This thing actually opens up trades and closes them for me, so I don't have to make any decisions. Currently, I have 6 profitable trades completed by the system as follows:Profits:$9$273$45$190$11$80It currently has one open trade that hasn't closed yet, but so far so good. I have close to 50 days left on my trial period, so if it keeps going at this rate, I'm thinking about investing some real money into an account. If it tanks and starts showing losses, I'll probably just request my refund.Regards,B
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