How to make money Through Forex Trading?
@dhanasekart1984 (450)
India
January 11, 2010 8:07am CST
Hello friends/mylotters,
I've been working online for the past 4 months and started with ptc sites.. i've reviewed more than 1000 sits and working with around 50 legit sites and now after all these hard works for 13 hrs per day, i started making good money through these sites.. now an idea of getting into forex trading popped into my mind.. but my knowledge is nil is this industry.. so i have started this discussion here because i know that mylot will be the place for getting honest suggestion which are trustworthy than other sites/forums.. i need to learn how to trade and then invest a little... help me out guys..
7 responses
@Mge3dme (29)
• United States
19 Jan 10
Open a demo account with a good broker and learn as much as possible. After you know the basics, look up a site called "Forexeasynow" and you are set. Stay with Forex trading and you will not be sorry.
@jengkol (116)
• Indonesia
19 Jan 10
well.. babypips is good place to start learning about how to trading forex, you can visit forexfactory and actionforex too.
about forex broker, you can try marketiva they gave you free $5 and integrated live and demo account, for learning purpose, you can try broker with MT4 trading platform such as alpari, mb trading ( ecn broker :D ) fxdd etc. for best performance please try oanda ( but no MT4) :)
may I know how much money you planned to invest? so I can give you the more appropiate suggestion about wich forex broker is appropiate for you
@dhanasekart1984 (450)
• India
20 Jan 10
jengkol.. your information was really valuable.. thankyou so much for giving info..
@dhanasekart1984 (450)
• India
12 Jan 10
surely i will see the site by today.. thankyou very much for your response..
@neelimaravi (1793)
• India
18 Jan 10
hi sekar, even i am trying to learn forex trading, actually its worth, always my husband told me to learn trading, but, i have only halfday to do anywork... defintly i will learn. thanks for your topic, have a nice day.
@dhanasekart1984 (450)
• India
20 Jan 10
thats nice neelima garu.. i have got a classmate before joining the school huh..lol
@blazingprofits (19)
• Singapore
11 Jan 10
Hey dhanasekart1984,
forex is another field where you could earn a lot from but if you are trading by yourself, you have to learn the basics well. a site where you can learn from is babypips..
there are forums out there as well but probably you should be learning the ropes first to be able to understand better in forums..
Recently we have an idea of sponsoring people to start their forex trading, however, you have to continue trading after we pay you in. If you are keen on this, PM me for more details.
@iceberg27 (71)
• India
11 Jan 10
Yep, babypips.com is on of the best sites to learn the basics of the forex market. Do check it out. And remember, forex trading is a full time job, don't treat it like a secondary source of income or a hobby.(You'll read the same thing on babypips.com:p)Best of luck in your quest. cheers:)
