regarding forex trading

I have registered in the past with two of such brokers that imediatly called me back and were very insistent in knowing if i intend to deposit and how much. I told them that I don't intend yet, I just want to try there services with virtual account. They were insistent and I forgot about them. After all there are brokers who gave bonuses, I use the best one of them. One of them called me after one minute after my reg. and asked do i know how to verify? I was just trying to find were in their site to do that. Miraculously after their call the place to verify appeared. She called again and again but i didn't take the call. If the broker needs to use such tricks it isn't good. Do not invest more then 50$. With mini accounts you can trade wonderfully with 50$. Search brokers who allow to trade with 1$. And put that 50$ there and use only 5-10% when trading. That way you will not lose much. And i think you will easily make 1$/ day with that. Check babypips free school site and graduate the school there before starting. And don't listen to your broker if he says invest more. They don't have a right to do that - to tell inexperienced trader to invest more money. They must advise to trade with virtual account first, and then invest only the money that you can afford to lose. That’s what my broker says. They are honest.

Hi, I got the call also but the communication line was very problematic, always breaking up and I ended up hanging up on them. Anyway, I have a free account with another forex trading app which provides $5 real cash and 10000 virtual cash as a start. So far, my $5 has only grown till $5.46. Thus, doing the math where $5 becomes $50, and $5.46 becomes $54.60, thus it's minimal profit for minimal investment capital. If you have minimal forex trading experience, it would be better that you start of with virtual accounts that does not involve real cash because of the risk it involves and you also can get a hold on how the trading works. Note: if you want to withdraw money, you have to provide documents such as your NRIC copy etc to them.

MOst trading is just a form of gambling and I don't think the Forex trading is any different. You really have to know what you are doing when trading in this way as you could lose everything as many people have done so in the past. In the present financial climate it is said that the only safe investment is gold, and again you have to know when the best time is to buy and when to sell and real money can only be made if you invest enough and get it right. If you haven't traded before, get someone to explain it to you who has done it successful and follow their advice and learn more about it. But it is always a risk, even for the old hands at it. If you think of the Wall Street crash and remember how people lost their homes, jobs and everything else they had, then this is what need to be born in mind when considering this sort of investing. Good luck for 2011.. _Derek

I have not joined the program yet. I have been thinking about it. I see the banner online all the time. In the first place, I am very new to forex trading, and I have heard a lot of stories about the risks. I should be very careful and check thoroughly before entering the business.

mmh i think it depends how much you can apply a good strategy to markets when you are trading so surely as regards the starting investment it can't be so big but if you found your system to survive on the market you can earn even with 50 dollars..not much but you can earn...