Forex Exchange Blog

loren d asked:


Basically an understanding of what goes behind the decisions of selecting to go for a spot rate of exchange or a forward rate of exchange.

MULDROW

John asked:


I am looking into opening an account with forex and I had a few questions.

I have on of their practice accounts and I like it but some times the exchange rates do not change. The rates freeze up from time to time. Why is this? Is the market closed at some time? Also is this just with my practice account or does this happen with live accounts too.

Another question is what is the minimum investment that you can start an account with and be able to trade? I know its like $250 or something, but when you trade, the smallest amount is like $100,000. I know that with leverage that can be $1,000 but is there any way to get that lower?

Thanks for any responses!

GLADFELTER

westphalia1 asked:


Do foreign gold coins (say, Canadian Maple Leafs and other countries gold coins) have 3 values to them? 1) collectors appreciation value and 2) Daily spot/market price of the gold itself and 3) the foreign exchange value. And also, do real gold coins (foreign in this case) fluctuate according to exchange rates (FOREX RATES) . It would seem to me they should have some exchange rate since they could be used as currency if you wanted to. I am not sure. Thanks

SCHOONMAKER

John asked:


I read everywhere that 95% of forex traders are losing money. Why is that?

I have one of their practice accounts and I have a huge profit so far. Is the practice account really live exchange rates or is it rigged to make you think that you can really make money?

BRISTER

spokehold asked:


I’m into Forex trading. I wonder if there is a way to predict or find patterns in the way exchange rates move. Anyone have any techniques or suggestions?

BRASHIER