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Thread ID: 79904 2007-06-05 07:13:00 Foreign Curreny Exchange learning (5137) PC World Chat
Post ID Timestamp Content User
556326 2007-06-05 07:13:00 Does anyone have thoughts on curreny exchange via www.forex.com
or anyone opened an account to trade. How much money do you ideally need to start of with? Any pitfalls etc

And has anyone used software called 4x Made Easy for currency exchange?
I know it just makes ease of use for currency trading and does not give you a yes or no answer for trades.

Any experiences or thoughts will be appreciated.
learning (5137)
556327 2007-06-05 10:57:00 Does anyone have thoughts on curreny exchange via www.forex.com
or anyone opened an account to trade. How much money do you ideally need to start of with? Any pitfalls etc

And has anyone used software called 4x Made Easy for currency exchange?
I know it just makes ease of use for currency trading and does not give you a yes or no answer for trades.

Any experiences or thoughts will be appreciated.

I had an account a few years ago (2004-ish)
you really need 10K US to get started.

tips
* have a go with a trial account (fake $$) for a few months to get your skills up.
* always set a stop.
* don't get greedy, better to take to 80pips than push for 100 and looses it all.
robsonde (120)
556328 2007-06-06 01:19:00 I'm told that currency trading can be profitable provided you accept very small changes - pretty much what Rob said.

But to actually make money you need to build up to about $200,000.

It is like share trading. Trial it with pretend money first and see how you go. Good luck.
Winston001 (3612)
1