Please leave me a message on courses, systems, etc for learning to trade the FOREX market. Thanks!
why not practice first and try some for free
check this out
http://www.marketiva.com/?gid=218
I know its an automated trading system for the currency markets, and that makes me nervous. Is it worth buying?
If you do not have experience trading Forex DO NOT start with an automated trading system. I know that there are hundreds of "traders" running around the internet saying otherwise but their only intention is to sell you something. An automated trading system can be a very powerful tool IF you know how to trade Forex, you understand the fundamental reason an auto trader works, and know how to adjust the auto trader to meet the changes in market movement.
Daily Recap of the Cowabunga System for Thursday, 11/05/09
View the full post and add your comments here: http://www.babypips.com/blogs/pip-my-system/
Duration : 0:9:28
I guess as against a manual system
Nothing is automated in forex really as far as I know. There always is a dealer at the other end. What you are talking about is probably the platform. Some of the forex trading platforms (usually web based) are easy to use since you have everything neatly set up. Buying or selling is literally done with a click of the mouse.
http://www.freetradingsystems.org/
Discover the pros and cons in designing your own trading system from scratch vs modeling your system on an already successful one.
You’ll also hear my review of the new Forex Profit Accelerator course. Is it as good as it’s cracked up to be?
Duration : 0:7:48
Automated forex trading system based on the Ichimoku indicator. Expert advisor robot trader built for metatrader MT4.
Duration : 0:9:54
If so, how have you done?
Sure. My account was up 40% last month, and is already up 42% this month with two more weeks to go.
I’ve traded the stock index futures for 15 yrs, but the trends are no longer there; replaced with whipsaws and fakeouts and wild opening gaps.
Check it out.
http://www.premieretradeai.com/index.php
http://www.forextv.com/FT/Video.jsp?channel=41
http://www.babypips.com/forex-quickstart/overview.html
http://www.dailyfx.com/
http://www.forexnews.com/
http://www.forexbastards.com/index.html
http://www.goforex.net/forex-broker-ratings.htm
http://www.fxstreet.com/brokers/forex-brokers/
I am just getting into trading forex online…what is a good online trading system with good profitiability? I’m just a beginner, I don’t know much about it but i know a little, but am trying to learn as much as possible. Right now i just want a basic good trading system that I can invest a little bit of money and try to turn that into good sums of cash. Also one that has free practice accounts.
I don’t mean I want someone’s system… I meant like and actual online company that does it. Kind of how Ameritrade is a good "system" for stocks, whats a good "system" for Forex?
I’ve read a lot about Forex, but I’ve never seen a proven profitable forex strategy, despite the claims of some scam web sites. Playing Forex can appear alluring, but the majority of people who try it lose money. All you have to do is do a web search on the words "Forex" and "lose" to see this is the consensus.
Forex is what we call a "zero sum" game. You are making a bet with someone else about whether a currency will rise or fall. For every winner there has to be a loser. If you are smarter than the average player, you may make money. If you are dumber than the average player, you are likely to lose money. Most of the people making the "bets" in Forex are highly trained professionals at banks and other institutions. You are unlikely to beat them at this game.
Actually Forex is not quite a zero sum game. It’s a slightly negative sum game as the Forex broker takes a small percentage each time in the spread. It’s a small amount but over a hundred trades, it ends up being a considerable amount of money. So the average player is likely to lose money, and remember the average player is a highly trained professional and probably smarter than you.
There is a lot of luck in Forex, and if you play it, you will have some periods of time where you make money. This is usually because you are having a lucky streak, not because you have suddenly become an expert Forex player. However, most people are unwilling to admit their success is due to luck. They become convinced they have a system that works, and lose a lot of money trying to refine it.
Further complicating the problem is the large number of Forex scams on the internet. Most Forex websites are of questionable honesty. You will find many people on the Internet that claim they made a lot of money using Forex. They are usually liars trying to make money. They will say: "Go to Forexcrap . com/q2347." The "q2347" is a signal to the Forexcrap site that you are being referred to them by "q2347." If they sell something to you, "q2347" gets a kickback. These coded signals can be hidden by different methods in the link. Other people will refer you to their own private website or blog for the purpose of trying to get money off you. Also there are a good number of trolls out there that like to pretend they are successful forex traders just for the fun of it.
I would recommend not trying to do Forex at all, unless you are a trained professional. It’s like playing poker with people better than you, with the house constantly taking a small percentage from the pot.
Daily Recap of the Cowabunga System for Monday, 12/22/08
View the full post and add your comments here: http://www.babypips.com/blogs/pip-my-system/
Duration : 0:9:37
What is a good forex trading system ?
I’ve read a lot about Forex, but I’ve never seen a proven profitable forex strategy, despite the claims of some scam web sites.
Playing Forex can appear alluring, but the majority of people who try it lose money. All you have to do is do a web search on the words "Forex" and "lose" to see this is the consensus.
Forex is what we call a "zero sum" game. You are making a bet with someone else about whether a currency will rise or fall. For every winner there has to be a loser. If you are smarter than the average player, you may make money. If you are dumber than the average player, you are likely to lose money. Most of the people making the "bets" in Forex are highly trained professionals at banks and other institutions. You are unlikely to beat them at this game.
Actually Forex is not quite a zero sum game. It’s a slightly negative sum game as the Forex broker takes a small percentage each time in the spread. It’s a small amount but over a hundred trades, it ends up being a considerable amount of money. So the average player is likely to lose money, and remember the average player is a highly trained professional and probably smarter than you.
There is a lot of luck in Forex, and if you play it, you will have some periods of time where you make money. This is usually because you are having a lucky streak, not because you have suddenly become an expert Forex player. However, most people are unwilling to admit their success is due to luck. They become convinced they have a system that works, and lose a lot of money trying to refine it.
Further complicating the problem is the large number of Forex scams on the internet. Most Forex websites are of questionable honesty. You will find many people on the Internet that claim they made a lot of money using Forex. They are usually liars trying to make money. They will say: "Go to Forexcrap,com/q2347." The "q2347" is a signal to the Forexcrap site that you are being referred to them by "q2347." If they sell something to you, "q2347" gets a kickback. These coded signals can be hidden by different methods in the link. Other people will refer you to their own private website or blog for the purpose of trying to get money off you. Also there are a good number of trolls out there that like to pretend they are successful forex traders just for the fun of it.
I would recommend not trying to do Forex at all, unless you are a trained professional. It’s like playing poker with people better than you, with the house constantly taking a small percentage from the pot.