How to Make Money in Forex Currency Trading

hansel · #1 (**permalink**) 07-08-2009, 10:06 AM

Forex is the knowledge and business of making money through exchanging foreign currencies. Forex is not a new business and its history is as old as the history of money…

There are people who have been making money through Forex from many years ago. Fortunately, with the help of computer and internet, Forex trading has become much easier. You can sit at your personal computer and trade from home without having to make any phone call or referring to any bank.

JcLyons- make money online

roro0011 · #2 (**permalink**) 07-09-2009, 03:02 AM

Dody you dont even have to know how to trade & what every graph or index means .
Now days you have progrms that can do it for you while you are sleep .

fixbroker · #3 (**permalink**) 07-09-2009, 03:29 AM

I enjoy the freedom to trade Forex online from the comfort of my home. I work shifts so it's nice to know that I can trade Forex 24 hours a day. You helped me pick a trading platform that really worked for me - thanks!! If only I had discovered Forex a couple of years ago I'd have my house paid for already.

thomson14 · #4 (**permalink**) 07-09-2009, 11:36 AM

Thanks for your information on forex software and forex trading platforms. I decided against buying an e-book at the beginning and opened a demo account at JcLyons. I really enjoy their trading platform and find it extremely easy to use. I tried a few other places and didn't like them nearly as much as it was too complicated. The JcLyons platform is easy to use and now I'm trading with real money and loving it

ForexExchangeGuides · #5 (**permalink**) 07-09-2009, 04:47 PM

Quote:

Originally Posted by thomson14

Thanks for your information on forex software and forex trading platforms. I decided against buying an e-book at the beginning and opened a demo account at JcLyons. I really enjoy their trading platform and find it extremely easy to use. I tried a few other places and didn't like them nearly as much as it was too complicated. The JcLyons platform is easy to use and now I'm trading with real money and loving it

hi,

there are a lot of forex trading robots in the market such as forex autopilot, forex tracer, forex killer and so on.

All of them can help you much but the most important is make some reseach with expert person who can guide you personally.

It is because to make you can make money with that program.

thanks and regards.

PipWinner · #6 (**permalink**) 07-11-2009, 01:18 PM

In my humble opinion, you need an excellent system PLUS an edge.

If you are a beginner, however, I would advise you to read everything you can get your eyes on so that you'll eventually know what you're doing and why. Start by gaining knowledge of pip value, margin calculations, leverage calculations and cost of trade.

Pips to all !

Jenforex · #7 (**permalink**) 04-08-2010, 10:43 PM

Well recently i started using the MT4 Trading platform on Finexo. I found is pretty interesting as most of my trades are being monitored by the computer. Tools like SL and TP help to close my trades in a desecent position. Nowadays i dont sit along the computer for hours together in a anticipation of a price rise or price fall. These things have certainly helped me in trading and have reduced my work load.

carrotgrace · #8 (**permalink**) 04-16-2010, 04:17 AM

Forex trading buying and selling is a single in the largest buying and selling industries which involve transactions of currencies as much as even 3 trillion a day. These are a high chance element game and at the exact same time yield the maximum profit too. The trading is completed only as a result of forex brokers. Forex trading brokers are really experienced and would help in providing the essential points for dealings.

Jenforex · #9 (**permalink**) 05-07-2010, 11:29 PM

For making forex trading interesting reasons can be anything that can compel the mind of the trader to remain stick to the trade moves. I am very rational and concerned about my capital investment and would not just trade on luck or not take it as game.

I like to make my trades prior to proper analysis of the trends prevailing at the market recently and for the past few weeks to build up an idea about the further moves of the trend of the selected currency but this is not an easy task and requires time and through knowledge as well.

So I am very selective in choosing even the minute things and when it is concerned with online forex trading service I hadn’t left any points to be slipped before evaluating the features necessary for selecting the forex online trading service and Finexo is one such platform that proved itself on the grounds of the required features of the online brokers.

Albie · #10 (**permalink**) 05-11-2010, 07:55 PM

Well In addition to all the above post, Opening a demo account and trading with it few months will help you great deal in understanding forex market. I had an demo account with http://www.forex4you.com/ which helped me a lot in understanding before i switched to real account..