introduce me to FX

[JasonC2]

 

[JonnyT]

Its hard to make profits from.

JonnyT

 

[TheBramble]

Hello traders, i'm new to forex, i'm a spreadbetter and i've decided to learn about forex, i could just read through the knowledge lab and learn everything from there, which i will do, but i thought i'd ask current forex traders about the matter, and what they think a newbie should know, all feedback is appreciated.

The KnowledgeLab is a good place to start. I'd also recommend you trail the active FX fora threads (although Live Cable isn't necessarily going to help you right now).

But don't forget check out all the other KnowledgeLab, the Articles on general trading and the other trading fora as well. FX is just another instrument and the same issues apply, with small variations, such as in the lack of 'usable' volume, as do all other aspects of trading.

 

[rog1111]

Keep an eye on the interest rate climate of the 2 countries in your pair

GL

rog1111

 

[Pip Daddy]

BabyPips.com

You should check out www.babypips.com. It's the beginner's guide to forex trading. I think you'll find it extremely useful.

 

[neil]

Demo

Try www.oanda.com
and try their demo and read their forums.
No dealers to interfere with your trade thus you can scalp if you wish (on demo first I hasten to add)

 

[YachtFund]

Never take anything anyone says for granted. Find your own way.

Read Technical Analysis of the Financial Markets by John Murphy. Its the traders bible.

Become a mechanical trader before you think about becoming a discretionary trader.

 

[sangjabo]

Hi, I'm newbie here, i want to learn about future trading, esp forex. Is there anyone can tell me how to do right start for beginner like me. Right now I'm still practice several free demo to get more familiar some indicator

 

[goldtip]

No More FX Recommendations Just Profits

Hi

I am currently looking for traders with all different types of experience, were we can collaborate and share in profits. You trade you own account or I can trade it on your behalf, and we share 50/50 on any recommendations I provide to you. The fx model I have developed has been quite successful to date for me and other trading partners, fingers crossed it will continue. Let me know your thoughts if interested. Check out my blog.

Gold Tip

 

[gamma]

You trade you own account or I can trade it on your behalf, and we share 50/50 on any recommendations I provide to you.

However I hold no responsibility to any losses you make based on your action and/or my recommendations.

A couple of contradictory statements would 'nt you say!

 

[goldtip]

The first quote relates to my business opportunity I offer to traders from beginners to fully fledged traders.

The second quote relates to my blog that gives recommendations to whomever visits.

I hope that explains it clear.

 

[gamma]

So are we to understand that you don't trade what you recommend?

 

[goldtip]

No I trade all my recommendations so do my trading partners, however they do it at their own risk, I don't force anyone to trade my recommendations. However in terms of performance, each position I recommend is approximately 80% correct over the last 4 years with daily returns (not intraday which is massively higher avg. 45% per day) averaging around 70% per year.

 

[gamma]

Thanks for your explanations goldtip,
However all we have is your word here.
Some verified statements or forward calls on this thread will go a long way in qualifying your above statements.

 

[goldtip]

Like all things time shall tell.

Have a wonderful new year.

 

[gamma]

8.47am 84%

Report Comment
Posted 29-12-2008 at 10:50 AM by goldtip goldtip is online now
Updated 29-12-2008 at 11:09 AM by goldtip (wrong time)
Old
9.07am 94.2%
Report Comment
Posted 29-12-2008 at 11:09 AM by goldtip goldtip is online now
Old
9.24am 94.6% i'm going to finish for today i've made my £22,000+ profit see you guys tomorrow.

Have Fun !
Report Comment
Posted 29-12-2008 at 11:25 AM by goldtip

Are you serious ?
You've made 22k by 11.25
and are looking to manage accounts?
either you are a wind up or a spotty little teenager!

Like I said in my earlier post can you qualify your predictions?

 

[goldtip]

ha ha,

yes. yes. yes. you manage your own account idealy. no, I don't have time to be winding people up when there is money to be made. no, i'm not that young - teenager i wish i was. qualify ? what is it you want i have charts for 08, 07-08, 06-08, 05-08, which are not intraday returns but daily returns so the returns are smaller but shows good consistent performance. if you want we can arrange a skype IM in the new year so we can get through this stage quicker and you can ask me more meaningful questions.

I'll take this opportunity to wish you a happy and prosperous new year.

 

[goldtip]

where can I upload an image of my transactions for that day ? anybody !

 

[gamma]

I don't think anyone is going to take you seriously when firstly you evade answering direct questions!
Posting a chart from the past does not qualify your posts.
lets see f you can answer these questions
1. Do you have a real account to prove that you have been making such returns
2. Can you show real returns for 4 years as you say
3.Why have you said you made 22k in your blog is this real money or a demo account.
These are meaningful questions!
Please don't evade them answer them directly if you want to be taken serously

 

[gamma]

where can I upload an image of my transactions for that day ? anybody !

When you answer a post scroll down to manage attachments then you can add a attachment as you would do in a email