Forex trading...?

spryor

January 02, 2008 12:53

Thinking about dabbling in this a little, anyone have any experience
or advice concerning such...?

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  tneff1969

  January 02, 2008 13:13

  Get a practice account, also look up charts and trends. Pick one currency, more than that gets confusing. If you can run 2 computers, one for the station and one for the charts it will make life easier. Run a practice account for a month or so before you contribute any real money.

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  Marc1301

  January 02, 2008 13:16

  Practice,........and practice some more!
  Also only use money you are willing to lose when you begin for real.
  Consider the risks equal to trading commodities, which are high.
  You can make a bundle, but can lose the same!

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  spryor

  January 02, 2008 13:18

  Yeah, started a practice account today. Just hope i can find the
  time to work it. It seems a bit lot more complex than i had imagined
  it would be.
  
  I knewe stock trading has a language all it's own, and thought
  Forex would be a bit simpler...WRONGGGG..[;)]

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  Sav99

  January 02, 2008 13:22

  I think I prefer stocks. Easier to research and to get a feel for.
  
  
  http://www.forextrading.com/articles/HowToTrade.aspx

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