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June 03 2013

Q&A: What is forex trading? how does it differ from normal stock market trading?

FAQ: What is forex trading? how does it differ from normal stock market trading?

Are the risk and strategies different? Can forex be more profitable?

Goldsenze Answer:

hi
in stock we trade with companies and in forex we trade with currencies such as euro,usd,yen,gbp.we make profits during currency fluctuations.i saw forex is easy to do and also profitable.u can get more info here if u want to learn forex trading

http://forexplatformslist.com

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May 27 2013

Is there a Forex Trading indicator that shows “in real time” how many pairs are being traded? – goldsenze.com

FAQ: Is there a Forex Trading indicator that shows “in real time” how many pairs are being traded?

Is it possible for one to manipulate the price of a currency pair by selling or buying a huge amount? I don’t want to buy a huge lot and the price goes down because my own trade made it go down. I don’t want my own trade to change the price trend because if I buy more than is actually being traded on the market, it more likely will go in the opposite direction I want it to go.

www.goldsenze.com Answer:

If you are placing your trades with a market maker, then large trades may have a significant impact. If on the other hand you are placing trades with a broker that is operating STP unless your trades are unusually large they will likely cause little impact.

Since the forex market has no central exchange, there really is no way to know accurately how many or what pairs are being traded globally at any given moment.

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May 24 2013

FAQ: How much safer is stock trading compared to forex trading?

FAQ: How much safer is stock trading compared to forex trading?

im convinced that forex is pretty much gambling. its too risky. are stocks any better?

www.goldsenze.com Answer:

If you pick reasonable stocks, you can possibly lose 30%-50% if the market goes into a dive again over a several month period.

If you trade on forex, you can lose all your money within minutes on one bad decision..

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  2. Q&A: What is forex trading? how does it differ from normal stock market trading?
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I would like to know the basics of Forex Trading and the least amount someone can start out with.?

forex trading

Question: I would like to know the basics of Forex Trading and the least amount someone can start out with.?

Please can anyone tell me how to start trading Forex, and if it’s possible to stsrt with a little amount. Would also like to know about trading from my home (I live in Africa). Will be glad to receive any answer.

www.goldsenze.com Answer:

You can start an account with Forex.com for $ 250. A good book about Forex basics is James Dicks “Forex Made Easy”

http://www.TradeAdvisorPro.com/forex – Free Forex Webinar Training http://www.TradeAdvisorPro.com/forex-signals – Our Forex Trades Directly to your Inbox! …

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May 21 2013

Q: Can someone help with Forex trading?

Q: Can someone help with Forex trading?

I am looking for a mentor to help me out with Forex Trading. I mentor others in stock and option investments and am curious about forex but need some help to learn. PLEASE DO NOT reply with trading robots, I will report you as spam!!!! I am tired of the ads on here and am looking for legitimate help with transactions and charting. Anyone willing to help a fellow trader?

Answer:

Hi.I can help to you.I am not advertiser .This really/Academy Masterforex-V-may help to you.Eat english version forum.if interested-go to http://forex-timer.ru and click link “Обучение”.

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May 17 2013

Q&A: Where & How can i download Forex trading software i.e Fx (forex, stock,currency)software online for free?

Q&A: Where & How can i download Forex trading software i.e Fx (forex, stock,currency)software online for free?

I know http://forexfreedownload.com which allows to download the Fx trading software, foreign Currency Exchange Software, Stock Trading Software, Online currency trading software, free Forex Strategy Builder software, forex trading software.
I need to know few more good,popular & best Forex software,trading software and from where i can Download the software instantly and begin using it.

Answer:

Downloading free system are just for demo account. You cannot actually trade there. I feel this is not a correct step of starting trading. software doesn’t help in earning good returns.Have a good understanding of the function of the market in general and those that keep the market operational. Understand, not only the market you are trading in, put be aware of all the products and services that you can upon if needed. Understand the basics of trading such as never trade against the trend, limit any & all loses by using stop orders and lock in any and all gains with sliding stops.

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May 14 2013

Question: Forex And Currency FX Trading – Automated Forex Cash System For Intermediate Traders? – goldsenze

FAQ: Forex And Currency FX Trading – Automated Forex Cash System For Intermediate Traders?

Looking for a unique (even experimental) system for forex and currency fx trading that works seamlessly with Metatrader 4. Interested in your own recommendations and tools that work at the beginner / intermediate level.

www.goldsenze.com Answer:

Hi there.

This is a good general overview with discussion about Metatrader4 expert advisors here:

http://www.squidoo.com/expertadvisor

fxfisherman and other forums like forexfactory have good discussion also.

Money management is when using automated forex systems as explained here:

http://hubpages.com/hub/metatrader4-expert-advisors

Good luck

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May 13 2013

Q: How do i start forex trading? – goldsenze

Q: How do i start forex trading?

people who used ecn trade ?

Answer:

First you need more money than brains.

If you have more brains than money, invest in precious metals. You can not justify any other investment right now. Here are some links where you can learn the business:
http://gold-eagle.com/research.html Pick a name, read, repeat.
http://www.gold-eagle.com/editorials_03/sanders030703.html THE PLAN
https://www.kitcomm.com/ Support from like minded people

http://TradeAdvisorPro.com/forex – Free Forex Signals..Free Forex Training Webinar This second video in the series shows customers of Trade Advisor Pro how t…

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May 07 2013

May 06 2013

Q&A: Which broker has a good options trading platform?

Question: Which broker has a good options trading platform?

Currently I dabble in stocks and forex and enjoy trading. I am looking to get into options trading and need a good broker with a nice platform that has a fairly easy learning curve, but still leaves some fun stuff for the advanced user. I am looking for a broker that offers commodities such as gold, silver, platinum. If they offer stocks as well it would be nice, but not necessary.

www.goldsenze.com Answer:

Check out the fx options at saxobank.

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May 02 2013

March 29 2013

Q&A: Forex trading question about mini accounts ?

Q&A: Forex trading question about mini accounts ?

I am interested in learn more about forex trading and possibly after some research opening a mini account to start small. I have visited a few websites and something I dont fully understand is How can it be advertised that you can open and start trading Forex with a minimum deposit of say $ 250 and then the it says the minimum trading deal size is $ 2500 ? I don’t get it

Answer:

FX trading is not for the small investor. You likely will lose your investment very quickly.

Think of the other side of the trade. In your example of $ 250 investment, the ‘broker’ that will open such a small account is really just out to collect money from you.

You can’t check the interbank or get real time FX rates without a sizeable investment. The rate you get quoted from the ‘mini broker’ is often a made up rate that is wide — in and in favor of the broker. When you attempt to close your contract the fees and wide spread will wipe out any profit.

My advice is to steer clear until you have enough capital and experience to trade contracts with a reputable brokerage that will require a minimum capital level.

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March 27 2013

Q: How to Avoid News Breakout in Forex Trading?

forex market

FAQ: How to Avoid News Breakout in Forex Trading?

Hi, my Forex trading had been haywire recently and I suffered big losses due to spikes that suddenly appeared in the opposite direction to trend. I think it was generated by news events. How can a trader protect himself from these pitfalls. My practice to have big stop losses to give more room for price fluctuation also backfired. On the other hand, small stop loses are easily triggered, what should I do?

www.goldsenze.com Answer:

There is no way you can avoid that. GET OUT is the only way.

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Q: What makes forex trading so difficult? – goldsenze.com

Q&A: What makes forex trading so difficult?

I’m trying to learn a little bit about forex trading, but I’ve only just begun, so please excuse the stupid question. :)

I’ve heard that 90% of people who try forex trading lose everything in the first six months. Why is this? If you make a poor bid and it loses value, couldn’t you just hold onto it (for days or weeks if needed) until it improves in value again? Surely people don’t deliberately sell stocks at a loss?

I’m probably missing something very obvious, haha. Thanks for your help!

Answer:

Forex trading requires you to create a methodology, a technique to trade, a management plan (Risk and trade) , a sound trading mindset ( being honest with oneself, taking full responsibility for your actions,self discipline,patience, realistic expectation,focus,confidence in your self and your method to trade right, managing your emotions like fear and greed and how you handle good and bad times) last but not the least a methodically written down or tangible trading plan which will be your guardian angle and guide you in times of great profit and looses and will help you stay on the path

Either way traders lack any 4 of these !

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