Australian (ASX) Stock Market Forum

Forex Beginner

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30 June 2005
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I know very little to nothing about Forex trading. I saw some internet add saying you can trade with as little as $250 using a credit card. This is really all I know. Does anyone have any suggestions on readig materials, websites etc. which could help explain? What are the brokerage costs and returns on Forex? I have trades stocks and options, is forex complex, does it require constant monitering?
 
Re: Forex Beginer

risks are very high and I would suggest not for the beginner
just type forex into a search engine and take it from there
 
Re: Forex Beginer

You need to watch it closely and set stops. While it may only need $250 to trade, you can easily lose that + a lot more in a day and your still liable for it

Not worth the stress unless you have a large bank roll, in my opinion
 
Re: Forex Beginer

randomtrader said:
I know very little to nothing about Forex trading. I saw some internet add saying you can trade with as little as $250 using a credit card. This is really all I know. Does anyone have any suggestions on readig materials, websites etc. which could help explain? What are the brokerage costs and returns on Forex? I have trades stocks and options, is forex complex, does it require constant monitering?


If your account is small it is probably too much affort for too little gain. However it is a great way to learn how markets trend if you are willing to start with a very small account. For this reason (a learning tool) I would recommend it to any trader. Nothing actual experience as a learning tool
 
Re: Forex Beginer

some of the forex brokers have the facility to paper trade an account. so you can test your ideas
 
I know very little to nothing about Forex trading. I saw some internet add saying you can trade with as little as $250 using a credit card. This is really all I know. Does anyone have any suggestions on readig materials, websites etc. which could help explain? What are the brokerage costs and returns on Forex? I have trades stocks and options, is forex complex, does it require constant monitering?

Yes Forex is a bit complex and nobody can start trading instantly. It tales a lot of time. I took months to get in to this market and I practiced with AvaFx demo account for 4 months....
As you are a beginner you can start with babypips forex school @ babypips.com and investopedia.com is another good source of information,
after that Forexpros.com is excellent as well.
 
youre a tripper page.
nah he's an Indian employee of AvaFX using multiple aliases to ramp the broker without breaking forum rules.

18th October -- claims to have used the broker for 2 years.
I trade on AVAFX.com it is not different from other what I found it different is there suggestions on trade. When I am in dilemma they suggest me what to buy and what to sell. It has been almost 2 years since AVAFX is my broker. I am very happy till date..............

23rd October -- asks a question about the broker, claiming never to have used it.
Reealjrd said:
I have heard about AVAFX how is it? Can any one tell me about it?

5th November -- wow AvaFX executive visits his house whenever he has problems!
Reealjrd said:
But i am lucky now that i am not facing these problems with my broker. If there is any problem their executive comes to my house and clears all the problems or i call directly to the customer care. From their they sourt out my problem. AVAFX is a ver nice broker what i have realized and experiencing.

7th February -- "Page" posts a link to his "reealjrd" website
Page said:
If you are looking for a good forex broker I can recommend few of them like Oanda, Iforex, Easy Forex, Forex Yard, Finexo and AVAFX. These are some nice online brokers and having nice services as well. They are regulated and working well worldwide. AVAFX is an online broker fro Cyprus and working well in this market. It is not having NFA approvel it is in process and will get it soon. They are having nice services. For more information's about this broker you can visy their site AVAFX.com. I have also written some blogs for beginners they can take help of this URL.

reeal-reealjordan.blogspot.com/
 
nah he's an Indian employee of AvaFX using multiple aliases to ramp the broker without breaking forum rules.

18th October -- claims to have used the broker for 2 years.

Spot on Pilbara;)
 
nah he's an Indian employee of AvaFX using multiple aliases to ramp the broker without breaking forum rules.

18th October -- claims to have used the broker for 2 years.


23rd October -- asks a question about the broker, claiming never to have used it.


5th November -- wow AvaFX executive visits his house whenever he has problems!


7th February -- "Page" posts a link to his "reealjrd" website

well done Sherlock Holmes! :laser_sho
 
nah he's an Indian employee of AvaFX using multiple aliases to ramp the broker without breaking forum rules.

18th October -- claims to have used the broker for 2 years.


23rd October -- asks a question about the broker, claiming never to have used it.


5th November -- wow AvaFX executive visits his house whenever he has problems!


7th February -- "Page" posts a link to his "reealjrd" website

Nice pick up pilbara:)

We'll look after it from here:D
 
Yeah good work pilbara. We all knew he was dodgy but not sure if he was brain damaged or a spammer.

:burn:

:fu:
 
Rude awekening

I just found out that even though we win on the day, overall, our account could be down due to the base currency we hold ???

wow wow wow ... how do you guys handle this ??? double sided sword ???
 
Re: Rude awekening

I just found out that even though we win on the day, overall, our account could be down due to the base currency we hold ???

wow wow wow ... how do you guys handle this ??? double sided sword ???

i convert all cash at the end of the day to tins of baked beans.

when the nuclear war comes, im going to make a packet.
 
Re: Rude awekening

i convert all cash at the end of the day to tins of baked beans.


lol ---- u r a funny man Norm ----- considering how well yr system is perfroming ---- lets ponder ----

for breakfast at yr place its ?? --- mmmm --- baked beans

and lunch its ?? ---- mmmmm --- baked beans

and dinner its ?? ---- mmmm u guessed it --- baked beans

interested Norm ----- How is the odour in your place at present ?? :D
 
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