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  1. #1
    JennyJohn is offline Junior Member
    Join Date
    Sep 2011
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    5

    Default how to start forex trading?

    The idea behind Everest Forex is simple. The help you become a better trader and then help you get $100 free, to trade at the forex company.

    As you will see later this is profitable both to you and them.

    They offer you the EverestForex program:

    1. They teach you EverestForex strategy.

    2. They test your knowledge in our unique trading simulator.

    3. If you pass, you will get $100 FREE to trade with.

    Each of the forex companies that agreed to give you a better bonus has recognized that the EverestForex program will make you a better trader!

  2. #2
    Romen esko is offline Junior Member
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    Sep 2011
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    25

    Default

    Hello friends,

    Forex is becoming popular day by day and right now 4 trillion dollars are traded in the Forex market each day. You should open up a demo account, so you can start making practice trades. When you are ready to open a real account, it is a good idea to also keep your demo account open. You will be able to test alternative trades with your demo account, which gives you the ability to keep learning and testing strategies.

    Forex trading can be fun and profitable, but it does carry a number of risks and uncertainties. By doing your research, practicing and shadowing with a demo account, and carefully managing your money, you can minimize your risks and increase your success with Forex.

    Best advance
    Romen esko
    ________
    mybusinessassistant.com

  3. #3
    aurther11 is offline Junior Member
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    Nov 2011
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    19

    Default

    Broker Selection

    This is one of the most critical mistakes I made. I didn't review any of the brokers that I was considering, and ended up paying a lot for that mistake. The problem is something like "I don't want to risk a lot of money initially, so the mini account looks good." The problem with the mini account is that I don't think it hooks up very well with the big players, therefore your broker often takes the opposite side of your trades. The analogy that comes to mind is like the baby pool, at your local country club. Yes, it is a pool and you can get wet in it, but it is not connected to the big pool and you are not going to do many laps in the baby pool. How many times did I watch the price go after my stop, hit it and then reverse significantly, the other direction. It gets very discouraging when you pick a winning trade, and lose anyway.
    www.estocks.com

  4. #4
    Join Date
    Oct 2011
    Posts
    32

    Default

    When it comes to trade in the forex market, there are many options to use to get sure success through all your efforts and implementation of perfect strategies.The automated forex trading could also be taken as one of the most significant forms of forex trading that can really help the traders a lot. However, your first and foremost stuff should be to build up your own personalized system of routine forex trading.

  5. #5
    CamilleJanssen is offline Junior Member
    Join Date
    Dec 2011
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    3

    Default

    Forex trading can be done by opening a trading account with any of the Forex brokers. Many big companies like Geojit etc are offering this facility.
    You are looking to transfer money to a foreign bank. This depends on the bank with which you have opened the account. Wired transfer facility can be used to do this. You can specify the account to which you want to transfer the amount. Bank will charge a nominal amount to transfer your amount

    Thanks
    Regards
    Camille Janssen

  6. #6
    Lexcuer is offline Junior Member
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    Sep 2011
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    10

    Default

    I think you'd better to study FOREX, learn more about forex trading. Then try demo account to practice how to trade and build up your own trading strategy, then switch to the real account. When starting to trade real money, you'd better to start from micro account for less loss. Because demo account always has a little difference with real account. You should adjust your trading strategy at the beginning of trading on real account. When everything goes well, start to trade on standard account to make money. My recommendation for demo account and micro account is to choose Profiforex Corp. It is a best broker which provide the good demo account and micro account services.

  7. #7
    Jadwiga is offline Junior Member
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    Jan 2012
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    2

    Default

    Forex is becoming popular day by day and right now 4 trillion dollars are traded in the forex market each day. That is 6 times the 700 billion Dollar US economy bailout, and don't forget it's only one day turnover, that's how big forex market is.

  8. #8
    Lexcuer is offline Junior Member
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    Sep 2011
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    Default

    Yeah, nowadays, online forex trading is very popular in the world. Many traders join this field to make money. I am also a forex trader, but I don’t believe any forex consultant. Because, when their decisions are right, they will boast their skills; but when their decisions make losses, they will evade responsibility. Learning more forex knowledge is very important for every trader, not just rely on forex consultant. About forex learning materials, you can go babypips.com or profiforex.com. These are my favorites.

  9. #9
    Griff is offline Junior Member
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    Sep 2011
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    22

    Default

    My advice (from experience of course) open a demo with a forex trading platform (e.g. zulutrade) and see how it is done for yourself. the only difference it has with real live trading is the slippage, whenever it occurs.

  10. #10
    Ruchare is offline Junior Member
    Join Date
    Nov 2011
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    4

    Default

    Quote Originally Posted by Griff View Post
    My advice (from experience of course) open a demo with a forex trading platform (e.g. zulutrade) and see how it is done for yourself. the only difference it has with real live trading is the slippage, whenever it occurs.
    To open demo account to trade forex is a good way to start forex trading. And I want to advise you the beginners to participate demo account contest also. It is totally free for participation. And If you are lucky, maybe you can win the prize as your first deposit. There are forex demo accounts in some brokers; you can find them through Internet. I often browse the Profiforex site; they also provide the demo account contest: First deposit contest and King of the Hill contest. You can learn more about this through internet!

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