August 31, 2010

I would like to know the basics of Forex Trading and the least amount someone can start out with.?

By Planet Wealth

Please can anyone tell me how to start trading Forex, and if it’s possible to stsrt with a small amount. Would also like to know about trading from my home (I live in Africa). Will be glad to receive any answer.

Topics: trading tips | 6 Comments »

6 Responses to “I would like to know the basics of Forex Trading and the least amount someone can start out with.?”

  1. destrading Says:
    August 31st, 2010 at 3:10 pm

    hi, here have some forex education websites, all free

    http://www.babypips.com
    http://www.strategybuilderfx.com
    http://www.forexfactory.com
    http://www.fxground.com

  2. Lawrence E Says:
    August 31st, 2010 at 3:10 pm

    You can start an account with Forex.com for $250. A excellent book about Forex basics is James Dicks "Forex Made Simple"

  3. Patrick L Says:
    August 31st, 2010 at 3:10 pm

    Though there are possibilities to start with lower amounts, I want to warn you. If you have no experience at all trading Forex isn’t for you YET. First read a lot more about the subject, train yourself quit a while (several companies offer free practice accounts) and THEN start to reckon about going ‘live’. If you go in to hastily you are bound to lose it all. And when you have started, don’t be greedy, but satisfied with smaller profits first, before taking larger risks ( if you want to do that at all). Anyway, excellent luck with it.

  4. bijak_sinner Says:
    August 31st, 2010 at 3:10 pm

    visit the link below to know the basics of Forex Trading and the least amount someone can start out with.. Using the Mtpredictor’s technical analysis Elliot Wave Principle software, Bsmtprediction provides Forex Traders with FREE access to AUD/USD, EUR/GBP, GBP/USD, EUR/USD, NZD/USD, USD/CAD, USD/CHF, EUR/JPY, GBP/JPY & USD/JPY daily currency forecasts through this website. At Any Time / Any Day (we’ll straight away post the signals here in real-time if there’s any triggered) 1 hour, 4 hours & daily time frame forecasts are published on this site. The predictions are excellent from the moment they are published until either it reached the take profit target, hitted the stop loss or another new prediction of the same currency & timeframe unveils on the same / following day. Essentially, the prices shown are for an unknown period.. That’s why we encourage you to subscribe our FREE Google Groups newsletter to get the latest signal updates sent to your e-mail from the very 1st minute it surfaces the net..

  5. Ramesh N Says:
    August 31st, 2010 at 3:10 pm

    There is a software avilable to trade forex without loosing a dime. This software also helps you earn interest the lots you own. Most forex traders don’t know you can really get interest from your trade. You will become a professinal forex trader in 2 hours.

    With this software even a child can trade forex and make money for real in forex. You can really watch the online presentation of this unique forex trading software and take free TRIAL for 15 days and test the software. I am sure you will like it. My life has changed ever since I have started using this software. as I don’t have to look at the monitor 24 hours to see how trade is doing. With this softwarre you don’t have to look at charts and graphs, market analysis etc. You can enter the market anytime of the day.

    After watching online video presentation click on the JOIN BUTTON to take FREE 15 day Trial..

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  6. Chris Says:
    August 31st, 2010 at 3:10 pm

    There is a fantastic free beginners course in Forex at: http://www.onlineforextradingsecrets.com/forex-course.html

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