Forex Guide answers:

I made $60,000 with your specified program within 4 months. Yes they are genuine investment program.
Http://www.minvestment.com/?r=InvestmentPlan

Forex Guide answers:

Investing is a passive thing that anyone can do and hope the markets go up and the economy improves and the system doesn’t fall apart again or another bubble doesn’t burst or the Fed doesn’t do something stupid, etc.

Trading is a profession, not a hobby. It requires committment, many more resources, much more education and training and experience and resources, like any profession. But unlike any other profession, the risk is very high, especially in Forex with 100:1 leverage. You may not know what that term means, but it is a primary killer in the futures and Forex markets, even for those that think they know something. Training is very expensive.

I’m not sure what you mean by stock trading being the “same” as Forex trading. They require different brokers and accounts. A stock is essentially part of a company with their own set of circumstances, products and services, marketing and competitive issues, employees and CEO’s. Trading the Forex is a world currency against another, called a currency pair, like GBP/USD, with their own set of world circumstances, governments, bailouts, GDP reports, interest rates, unemployment rates, etc.

What Does Forex Market Mean?
The market in which participants are able to buy, sell, exchange and speculate on currencies. The forex markets is made up of banks, commercial companies, central banks, investment management firms, hedge funds, and retail forex brokers and investors. The currency market is considered to be the largest financial market in the world, processing trillions of dollars worth of transactions each day.

Investopedia explains Forex Market
The foreign exchange markets isn’t dominated by a single market exchange, but involves a global network of computers and brokers from around the world. Central banks use their massive buying and selling capabilities to alter exchange rates through their open market activities and in many cases will do so not with profit in mind, but rather for any number of policy reasons. Forex brokers act as market makers as well, and may post bid and ask prices for a currency pair that differs from the most competitive bid in the market.

Forex Guide answers:

Whatever currency you carry, you will be purchasing in Thai baht only – basic rule is the fewer times that you change money, the more of it you keep as there are exchange charges. I assume there is no reason why Rupees are not accepted here at money exchangers, but I don’t know that for sure.

Forex Guide answers:

You need to open a savings of checking account with a bank. This will probably require a adult to also be on the account. But since you are only looking for a dept card only it should be no big deal.

Forex Guide answers:

Click on the green plus symbol at the end of the toolbar.

Click on the “Edit Apps” tab at the top.

Remove an application by hovering over it and clicking the red “X”.

Click on “I’m Done” at the bottom when you have finished.

Forex Guide answers:

New York Session / American Session

This session opens daily at 13:00 GMT also 8:00 EST and closes at 22:00 GMT also 17:00 EST. The hot time in this session is usually when the euro traders are still active. Which is between 13:00 and 17:00 GMT also 8:00 EST and 12:00 EST. The most liquid pairs during this session would include USD/CHF, GBP/USD, USD/CAD and EUR/USD.

Regards

Forex Guide answers:

To resolve these problems about forgot my Windows password, you can simply reset or change forgotten Windows password with a password reset disk. A password reset disk is a flash drive configured with your current password, specially formatted to reset the password on Windows machine when you ever forget it. It acts as a key to unlock the account. But the problem is that people who forgot Windows password often forgot to create a password reset disk and cannot log on computer with any user account.
Http://windowspassword.org/windows7/how-to-unlock-computer-if-i-forgot-my-windows-password/

Forex Guide answers:

After some information gathering, I have a feeling every forex broker is evil since we have conflicting interests. They trade against us. They wish us to lose. They make many fabrications in order to deceive you, and so on.

List all the reasons why the claim is valid

False Advertising & Fabrications: – “No commissions” is plainly deceiving
Brokers deceive you about there being no commissions. $30 minimum/round turn (called the spread) is in reality a commission that eats up your capital at an astonishing rate. Even winning traders lose money and end up with negative results because of this outlandish overhead. Trading futures, you should never have to pay a broker more than $10/round turn, and usually quite a bit less than that.

- The truth about guaranteed fills: True but¡K The only way a broker can guarantee fills is for the broker to become the buyer or seller of last resort. That means the broker is running a bucket shop. All forex brokers are the buyer and seller of last resort.

- Lying about the volume: Brokers do not tell the truth about volume. They show the volume for all forex trading, which doesn’t even come close to the volume they truly have at their own brokerage, which is where you are trading. Volume in currency futures is considerably higher than the volume traded at any single forex broker, often greater by a factor of ten.

Defraud of your money

- Leaning: Brokers say they are charging you a 3 pip spread to trade the popular currency pairs. But in reality a broker may be making as much or more than 10 pips on your trades. He does this by skewing prices. Since you are not trading at an exchange, the broker can feed you any price he wants to feed you. He can buy at the bank for perhaps 7 pips less than he sells to you. He then charges you 3 pips for the privilege of being ripped off for a total of 10 pips.

- Skewing price quotation
What is the true price? A forex broker can only give you the price of a currency as quoted to him by the bank through which he trades. Banks have differing prices for a currency. You never know what the real price is because there is no central exchange through which all prices flow. Besides not knowing the true price from the bank, you can also be deceived by “leaning” or “skewing” of the real price at the bank. Forex brokers commonly lean the prices.

- Immoral Stop Running/Hunting
You are told by forex brokers that there is little or no stop running. This is one of their biggest and boldest fabrications. The truth is there is far more stop running in forex than in futures, and possibly as much stop running as in the stock market. I have friends who work in forex as well as many traders who of necessity have to trade forex. One of my students is a market maker in forex. These are people who should know, but in case you don’t want to believe me or them, simple observation of forex trading will reveal the vast amount of stop running that takes place there. Who is it that runs the stops? Why it is your friendly forex broker. The broker has a vested interest in seeing to it that your orders are filled. Stop running is nothing more than order filling. The broker sees to it that everybody’s order gets filled.

- Wipe you out by “false” spike: Sometimes, there’s very quick spike in candlestick on a broker’s chart, but there is nothing happening on the others’ chart. A stop-loss is triggered simply due to that suspicious spike.

- ban you if you can win their money: Probably you have heard that if you are winning regularly in forex, you may be barred from trading. Is this true? Yes it is. The fact that it is true is just another proof that when you trade forex you are trading at a bucket shop. In the book, “Reminiscences of a Stock Operator,” we are told that Jesse Livermore was banned from trading at certain stock brokers because they couldn’t stand him beating the house. The same thing is true with many forex brokers. Since they are the ones guaranteeing you a fill, they are in effect the buyer and seller of last resort. The truth is that most forex brokers have precious little liquidity at their firms. In order to give you the impression that there is liquidity, it is the broker who gives you your fill. It is the broker who does the stop running that supposedly doesn’t exist in forex. But if you are regularly beating the socks off the broker, he will ban you from trading at his firm.

Potential Danger about Forex Brokerage Firms
- Unregulated: Forex may sound like an exchange but it isn’t. It exists entirely in cyberspace with every broker and every bank having different prices for any particular currency. There is little or no regulation, even for brokers who register with the CFTC and the NFA. Forex brokers do not have to mark to market each day as do futures brokers. If your forex broker files for bankruptcy or absconds with your money you have zero recourse.

- No guarantee: If

Forex Guide answers:

It is just the platform fascility.
When ts is set by distance it will generate two things one stop loss and other trailing distance.

Forex Guide answers:

Read _Dummies Guide to Technical Analysis_. Forex is all about technical trading. Realize, though, that while stock investing is difficult because the big institutions play a major role, Forex is even more difficult because the big institutions (banks) account for virtually all of the volume.

Forex Guide answers:

Be careful with that large of a withdrawal, the credit card might not accept it, and you might get in trouble depending on what country you’re in. It could be flagged as money laundering.

I’d suggest using MoneyBookers if your broker supports it. Once your money is in your moneybookers account you can request a cheque or a wire transfer, moneybookers’ fees for withdrawal are awesome, I recently requested a wire transfer which cost me just $2.7.

If your broker only supports credit cards and wire transfer then take some money out via credit card and the rest via wire transfer.
Note, don’t use paypal if your broker supports it, you will be charged crazy fees to receive a payment by paypal, I believe around 2-3%. I did that once a few years ago and had to pay around $100 for receiving a $3000 payment

Forex Guide answers:

Nina-tess, It could be Clickbank, the payment processor, that has some problems but generally they are very efficient.

For me, because I was living in Malaysia, for many years, I faced a lot of problems with Clickbank accepting my credit card as they do not accept cards from some countries. I was always frustrated as they couldn’t tell me why sometimes my order goes through but most times it didn’t.

What I do is to use paypal and I do not have anymore problems. Paypal is very useful because it takes from your credit card but it doesn’t expose your info to the seller. This is good especially if you are buying small items from strangers or even in ebay. You only need to show an email to pay using paypal.

I bought Forex Killer 2 months ago and I really like the software. It helps me to confirm my decisions to enter and exit trades. Last week, my friend at the bank bought a copy
and they now have an offer for a free magazine subscription available for mailing to US addresses only.

Forex Guide answers:

Forex

Forex Guide answers:

Hi!! Most of the brokers will transfer to your credit card the same amount of money that you put into your account with your credit card…. They wont transfer more that that to it… The will transfer to any bank account in the world that has the same name of your trading account! And they probably will charge around 40usd to transfer to you bank account..

Forex Guide answers:

There are a lot forex brokers that accept credit card for depositing your account, just search it online. Good luck.

Forex Guide answers:

I think you’ll find that they each have their own pros and cons. I personally trade with Oanda, because they have really tight spreads, although they do get larger when big news comes out. They do allow you to scalp. The only real downside is the leverage isn’t that great.

Hope this helps

Forex Guide answers:

I have never heard of any automated system that actually worked. There are a lot of people who will try to sell you a bunch of expensive software packages of question value however. Be careful.

Forex Guide answers:

I would suggest you to develop your own trading style based on some technical and fundamental analysis. A mixture of both will definitely help you to catter better results.
I am using Finexo as my forex trader and i use Scalping and Day trading both to increase my earning potential. For further information on Trading styles you can check out my blogs on forex.

Forex Guide answers:

The best way to learn is to test strategies out until you find a couple that work for you. Scalping is an art in Forex, but auto trading is a very powerful method. Find the one that you are comfortable with.

Forex Guide answers:

I have traded both MB Trading and FXCM live and have not had significant liquidity issues with either. However, to answer your question as to whether “most online brokers” are good at “hitting your limit buy and sell orders” mainly depends on the position size your attempting to enter the market with, the time of day and currency pair your attempting to trade.

And to answer your question whether your “simulator” will work with “one of these brokers” really depends on which code the simulator was created in. Is it an Expert Advisor coded for Metatrader? If so, MB Trading does not yet support the Metatrader software ( though are Rep there tells us they are working on it). MB uses the MBT Navigator which is much more difficult to create auto trading software for. FXCM recently began using Metatrader in conjunction with their FX Trading Station 2.0. Their Metatrader platform has huge drawbacks including not allowing demo accounts, not supporting multi-user accounts, and reportedly experiencing problems communicating between their FX Trading Station trade servers and their Metatrader Trade servers. I would recommend you google “Metatrader broker reviews” and find the brokers that best works for your situation.

Forex Guide answers:

Usually, trade forex in a currency pair containing your base currency.
This will minimize exchange rate loss.

Forex Guide answers:

Dont hesitate to submit your proofs to forex brokers.. You can get some but if it doesnot get ask for those proofs they may be scam sitess..DOn’t use them and lose your money.

Forex Guide answers:

Its never a wise move, to fund risky investments with short-term debt financing this will simply double your risk exposure. Rather use alternative sources of funding. Obtain advise from your financial adviser thereto.

Forex Guide answers:

I was on the same kind of situation 2 years, back!
And I took ICICI with me, i never regreted that!

Forex Guide answers:

Use your visa debit at the cash machines in the US. Cheapest exchange rate, safe, and best way to go.

FOREX charges big commissions versus an ATM, and in the US, you can find ATM machines that do not charge service fees.