What do I need to know before entering forex trading?

Posted by admin under Investing

Dont_knowitall asked: And what trading org should I join? I’m a newbie so please enlighten me. Thank you!

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Does people really make big money doing FOREX?

Posted by admin under Investing

sunny a asked: I have this neighbour who rides luxury cars and has houses here and there by doing FOREX alone. Is these really possible ? I thought FOREX is like a roulette. You are basically gambling your money away?

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Does the forex market have any holidays?

Posted by admin under Investing

Kevin S asked: Or is it 24 hours, 5 days per week, 52 weeks per year?
I have two people saying that there are no holidays and one that says there are a few. Anyone seeing this mind rating their answers or giving me a link? Thanks!
Thank you all for your answers. Say [...]

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How many pips should I aim for when learning to trade Forex?

Posted by admin under Investing

Gyromite asked: Whats a decent number of pips to earn on a trade? I’ve generally been pulling the plug at 15 which is around 10% of my $250 mini account.
What’s a respectable pip haul for a single trade? I have the self control to not get greedy, but I don’t know where the line [...]

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Where can I download a simulated FOREX currency trading program?

Posted by admin under Investing

kaboodle777 asked: I would like to do some paper trading of currencies. Anyone know of any good simulated trading platforms?

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