I want to know more!

[dolce_vita78]

I have always been fascinated by foreign exchange and the foreign exchange market. I find it as a good way of earning additional financial resources. However, I really do not have that much money to invest in the foreign exchange market. Perhaps, I will have enough by the time I get to learn more about it. Please help me with this.. Thanks!

[rucideuz]

You can try Marketiva. When you sign up, you'll get a virtual money, $5 I think. It's all good, with 24 hour live chat support!

[daghfal]

Originally Posted by rucideuz

You can try Marketiva. When you sign up, you'll get a virtual money, $5 I think. It's all good, with 24 hour live chat support!

Marketiva good for newbie because have 24 hours live chat support with any language. You will get $ 10,000 virtual money to try before you trade with real money. And you get $5 real money into your account.

[leonshvip]

You can find lots of valuable information at babypips.com A wonderful site for beginners and it is absolutely free.

[knoppixgold]

forex like other business, its needs;

1. knowledge
2. discipline
3. money management
4 capital
5. strategy

if u have those things....u can joint the business if u lack just one of that factors its dangerous...

[kashifrasool]

Yes I am new but just started to use Marketiva and I also agree it is best site for new members in Forex and I also would like to learn Forex on site like babypips.com which looks good site for learners.
I think certainly we need strategy for Forex.
Also knowledge is required that where to invest that mean which to buy and which to sell.
I think we should not take much risk in Forex.

[knoppixgold]

try to gain as much knowledge as u could. in forex technical and fundamental is very important. there are a lot of site provide free lesson to us in the internet. babypips is the most well known and but for me the great site i ever use is Profiting with Forex (PFX) - Watch Forex Professionals Currency Trade. they have good analysis in FA and TA . even recently they add on a free course.

[ghous]

try to gain as much knowledge as u could. in forex technical and fundamental is very important. there are a lot of site provide free lesson to us in the internet. babypips is the most well known and but for me the great site i ever use is Profiting with Forex (PFX) - Watch Forex Professionals Currency Trade. they have good analysis in FA and TA . even recently they add on a free course.

fundamental analysis is mportant if you plan to stick to lower TF's. here there could be long upto 50 pips spikes that can really trouble you, on the 4H your larger SL's and larger Tp's minimize the problem of fundamental anaylsis, i persoanlly stick to atleast the 4H time fraem and the news factor is'nt a problem for me.

[knoppixgold]

Originally Posted by ghous

fundamental analysis is mportant if you plan to stick to lower TF's. here there could be long upto 50 pips spikes that can really trouble you, on the 4H your larger SL's and larger Tp's minimize the problem of fundamental anaylsis, i persoanlly stick to atleast the 4H time fraem and the news factor is'nt a problem for me.

yes....me now also more focus on 4hr and daily due to my busy work...and more technical...then i try to hold more than 1 day...i.e 3-4 days...less stress compare to try trading with news....which is suitable for full timer.... 2nd reason is in statistical...more accurate to use longer tf when we use indicators such as MA, stoch, MACD etc...because more data is calculated and then produce more accurate results.

[flizzoe]

Originally Posted by knoppixgold

forex like other business, its needs;

1. knowledge
2. discipline
3. money management
4 capital
5. strategy

if u have those things....u can joint the business if u lack just one of that factors its dangerous...

i would like to add another one, find a mentor if possible