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  1. #1
    Amanda is offline Junior Member
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    Default Learn online Forex Trading

    Trade in all forms is the buying and selling of goods. The principle on which it operates is 'buy cheap, sell dear'. Forex trade is unique in the sense that there are no goods sold here, only currencies are swapped, one for the other. The principle of operation is same though, 'Buy a currency as cheaply as possible and sell it when it improves in value' or 'sell a currency at a price and buy it back cheaper when its value falls'. The former kind of transaction is called a 'long position' while the latter is called the 'short position'.
    [url=http://www.e-cash.org/Dealing_Centers_FOREX_/]Foreign Money Exchange[/url]

  2. #2
    Join Date
    Oct 2011
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    Being a newbie, your first approach should be to watch and judge the forex market and learn from other forex marketer doing business here. This will save you from the real traders aggressively participating in the market, but always make sure that you are well efficient in the usage of such systems.

  3. #3
    Bot
    Bot is offline Senior Member
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    Jan 2010
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    The best way to learn forex trading is in a live forex trading room, with live forex traders in the live market..

  4. #4
    Jim Scott is offline Senior Member
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    Sep 2011
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    newbie or not, imo, the best way to begin forex is to open an demo account with any of the automated forex trading platforms (e.g. zulutrade) and try your luck following. again, to me, no reason to bother to trade myself, the signals are already written and functional (profitable i mean) and all I will be doing will be only loosing money and time trying to perfect my manual trades. of course, the returns with auto-trading might not be that high as compared to manual trading, but it's a good trade off, when you think about in the long run.

  5. #5
    Ruchare is offline Junior Member
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    Nov 2011
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    Quote Originally Posted by Amanda View Post
    Trade in all forms is the buying and selling of goods. The principle on which it operates is 'buy cheap, sell dear'. Forex trade is unique in the sense that there are no goods sold here, only currencies are swapped, one for the other. The principle of operation is same though, 'Buy a currency as cheaply as possible and sell it when it improves in value' or 'sell a currency at a price and buy it back cheaper when its value falls'. The former kind of transaction is called a 'long position' while the latter is called the 'short position'.
    Hi Amanda,

    Above you mentioned are the common principle of trading. When you are trading on the forex market, these principle cannot guide you when to buy or when to sell. So, you should learn more about forex trading, especially the technical analysis and fundamental analysis. These information you can find on the site Profifodrex. Wish you success!

  6. #6
    Samy is offline Member
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    May 2012
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    Default

    Well, as mentioned above, a demo account is a good start. You can open an account with the Forex demo competition before putting your own money on the markets.

  7. #7
    john Johnson is offline Junior Member
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    Jun 2012
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    Quote Originally Posted by Jim Scott View Post
    newbie or not, imo, the best way to begin forex is to open an demo account with any of the automated forex trading platforms (e.g. zulutrade) and try your luck following. again, to me, no reason to bother to trade myself, the signals are already written and functional (profitable i mean) and all I will be doing will be only loosing money and time trying to perfect my manual trades. of course, the returns with auto-trading might not be that high as compared to manual trading, but it's a good trade off, when you think about in the long run.

    I agree with you,as you say the best way to begin forex is to open an demo account and try your luck.

  8. #8
    mikeyjerou is offline Member
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    May 2012
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    thanks for sharing guys......

  9. #9
    stephan noel is offline Member
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    Jul 2012
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    forex trading always have complications and complexity. all the traders need to get understanding of forex trading. that's why online learning about forex trading is really good and nice way for the traders. they can easily get knowledge about the forex trading.

  10. #10
    JHilton896 is offline Junior Member
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    Apr 2012
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    Quote Originally Posted by bestforexpartners View Post
    Being a newbie, your first approach should be to watch and judge the forex market and learn from other forex marketer doing business here

    Best advice right there. Look at what the pros do and then DO what the pros do.. 10,000 guys on a forum telling you what to do means very little when they don't have goods to back it up,.

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