Forex Exchange Blog

RALPH WIGGUM asked:


In 6 months, how much can I win ?
Who is Midnight ?

And which nick belongs to someone ?
All nicks are free for using, they are not trademark….

SAK

Dianna P asked:


Would like to try foreign exchange trading - interested in real people’s experiences. Individual trader’s experiences, not large banks or organizations.

KISSELL

im_da1_ur_parents_warned_u_about asked:


1. what are the advantages, disadvantages of each, inshort comparison?

2.i m from Pakistan, Arif habib investment is the group i wanna invest in with a SMALL AMOUNT, in mutual funds. He is also the president of Pakistan stock exchange. that i am sure is a plus point.

3.ETFs have to be handled by oneself. on the contrary i am a salaried person have no time to take care of my investment or buisness. so i need managers to look out for me. they have been working for the past 5 years. their minimum is 26% profit, max is 80% in 2002. the charges 1.5%. by long term i mean 5 or 10+ years.

4. how long would should an investment on average take to double in such a mutual fund?

5. can mutual funds in Asia sub-continent really meet inflation rate?

6. Are there other investment opportunities which one u think is best and why, for a person like me, ? i m looking forward to looooooooooooooooooong detailed answers. Thanx

SCHLENKER

Wannabe007 asked:


Does anyone know what license a foreign exchange trader needs… if any? I have a series 7 and 66.. what about Forex?

PISCHKE

koolkeynan asked:


i want to buy an online stock trading program i have narrowed it down to forex– foreign money exchange, or smarttrade- you follow the red and green arrows and buy or sell stock accordingly. i have no experience in stock or foreign money so i need a simple program has anyone tried one that worked. or had any success with any other programs

HENKENSIEFKEN

A T asked:


I am very new to investment. But since I have strong interest in the financial market, I decided to use $500 (the amount I can let go if I fail) and lean from actual trading…

… OK, I really want to make some money.

I thought I would do stocks, but since I have to pay $10-13 commission through online brokers, $500 initial deposit will go away pretty soon. And I want to start making money fast. So, I am now thinking about foreign exchange.

There are terms that I do not know. Would you please explain what Spreads and Pips are?

If I use online trading like FXCM for USDJPY, how much are they going to charge?

Which currency has the most return (most risk)?

I want to know your experiences.

I know I sound stupid because I do not know anything. I am sure many of you will say to put the money in CD or mutual fund. But I am looking for a way to make money instantly.

Thanks for your help!

MARKOWITZ

Bob asked:


Do I get income tax from earning money from Forex (foreign exchange)?

CRECELIUS

Kenyath asked:


I would like to enter the Foreign Exchange Market but I realy know very little about it. Does anyone know where I could get some accurate information (e.g.: websites)? Are there any good books I should take a look at? What about the Forex programs advertised on the television? Are they worth looking at or are they just a waste of money?

TENO

j b asked:


I’m wanting to get into investing and I’ve seen info-mercials on the forex. I just wanted to hear from ne1 in that area of trading.

BOOTON

westphalia1 asked:


Can an offshore Multi Currency account be used to exchange one currency for another and trade your way up in value? As opposed to actual FOREX trading? Say USD/ISK (iceland Krona)-wait for your initial deposit to go up in value and then invert this to a different pair and keep repeating this procedure? Thanks

KRUG