forex

India
May 17, 2010 2:39am CST
i have interested in forex for past two months. but i have a fear to invest in some of the trading website. is forex trading is better way to earn? which forex trader website is safe?
5 responses
@kar295rocks (2116)
• India
17 May 10
You have to invest a good amount in Forex. And, who knows, you may end up losing the amount or you may end up earning triple of that. You have to move strategically in Forex. I would not recommend Forex at this stage. http://www.mylot.com/w/discussions/2278596.aspx See the response by user srishjm there.
• India
17 May 10
thanks for the info .. learnin by using practice account is good at starting stage
@divitiae (193)
17 May 10
IG index, finspreads and lots of traditional brokers will offer this service, you don't have to invest a lot because you can use leverage to increase the upside and stop losses to protect the downside. Most people start out with about £1000 but there's nothing to stop you spread betting with $10 (and thats all you have to risk). I don't like forex because it is a zero sum game, currencys tend to gyrate over time where as shares tend to rise plus pay out dividends.
• Russian Federation
17 May 10
You can try no deposit bonus offers them if you don't want to risk with your own money. 10pips.com and marketiva.com for example. But don't give them any money.
• India
18 May 10
thanks i ll try that
@Alvals (264)
• Latvia
17 May 10
Forex is risky way of earning, but decent. You can earn in it with your brain power...and little success. Before investing real money, try forex game using virtual money. There are a lot of sites providing Forex, but I prefer Oanda because they allow low balance and supports Paypal.
• India
17 May 10
hi .. other than oanda is there any good site available?
• China
17 May 10
I am also interested in forex but I did not invest one cent because I know nothing about forex. I think forex maybe a good way to earn more.But it is full of risk. you earn more,and more risk.
• Bulgaria
18 May 10
Im inviting you to my newest blog for tips and daily forex researches . www.forex-cube.com
31 May 10
hello.. i personaly do forex trading. forex is a very nice way to earn and very simple provided if u don rush up and clear with the basics. important things in trading forex is should have good money management, no fear and patience. a good trader is the one who don loose in market and should have patience to wait for the best trend. further if u have any questions feel free to mail me at kumar.alpari@gmail.com