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ase_tt wrote:Is there anyone on tuner who does day trading?
What do u use?
I wanna start trying it..was using a demo trading application..but its too confusing...
and when u make money how do you get it in hand?
so the average joe can make money with this, whats the risk involved.Forex Trader wrote:ase_tt wrote:Is there anyone on tuner who does day trading?
What do u use?
I wanna start trying it..was using a demo trading application..but its too confusing...
and when u make money how do you get it in hand?
Good day,
Market Traders Institute is the world's oldest Forex educational company (est 1994) and has trained over 20,000 prople to become forex traders.
Without proper education, the Forex can be confusing, even overwhelming. Many companies offer charting software and trading platforms. However, few train you in how to become a forex trader.
MTI Caribbean offers the education that will make you a successful trader.
To quickly answer your questions, you need two types of software for trading. One is your charting software, where you can monitor the major currency pairs. These charts usually offer tools to help with your analysis.
Once you identify a trade, you need a trading platform program, where you actually execute your trades.
You get your money via money transfer from the broker to your account.
I hope this sheds some light.
You can also visit
http://mticaribbean.com/forex_contact_offers.html
and download some great information about trading the forex
brams112 wrote:this sounding like a repost,,,,,,,,,,,,,,but not in trinidad is this currency trading a wise venture,,,,reason the us dollar is only valuable in trinidad,,,trading in this currency is a waste,,,look at channel 28 and see how the us dollar is traded against the other currencys in the world,then watch the us/can dollar exchange rate,then look at the bank rates see if it will make cents,,,,,,,,,,,,,,,,
pugboy wrote:so if you guys so good at training people why arent you doing it yourself and making a heap of money quietly instead of selling training ?
brams112 wrote:this sounding like a repost,,,,,,,,,,,,,,but not in trinidad is this currency trading a wise venture,,,,reason the us dollar is only valuable in trinidad,,,trading in this currency is a waste,,,look at channel 28 and see how the us dollar is traded against the other currencys in the world,then watch the us/can dollar exchange rate,then look at the bank rates see if it will make cents,,,,,,,,,,,,,,,,
Rooki3 wrote:Forex Trader, = Varma?
Redman wrote:People that sell these courses are making most of their money selling courses
those who cant do teach.
The facts are
The currency markets are there to be used by the large institutions/governments in order to hedge risk for what ever reason.
Therefore their people are the best in the world-talent follows money-ALWAYS.
And its a zero sum game-risk management is transfer of risk.And markets thrive on the uninformed.
So a course that last x weeks is going to give me the skills to compete successfully against the worlds best?
That works in the same way that once I get my Drivers License I could out drift Ken Block
With 15 years of experience in investment management,7of them on Wall Street I would tell anybody -forget this course-look to educate yourself in a discipline -Tech Analysis for eg and become proficient.
OR find a professional,be an informed client and stick to your profession.
Later
Skanky wrote:Redman I agree with what you saying 100% except for the tech analysis.
Tech analysis not any better than trading forex...its still you against all these flash traders and the best in the world making money on some small spread.Both to me have the odds stacked heavily against you.Gimme good old fashioned fundamental analysis and value investing rather than trading anyday.
I'd rather get rich slowly, investing, than get poor fast, trading.
sinister_15 wrote:My advice , start small
Open a micro account , 25us to start with. You will lose this 25us, trust me. But this is a good thing. After you made your bad trade , or get a margin call and lose it. Dont give up. Add another 100us to the account. Then start trading. Watch as many videos about forex as possible. Also there are many ebooks around. Do a torrent search for info. Look at fundamental announcements. They help.
Good luck. Dont give up. I lost about 300us before i started making....
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