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hi. I'm new to forex trading.

rogelio11
Jun 19 2010 at 03:19
3 posts
hi. I'm Rogelio. u can call me roger.

I'm new to forex trading.
i got about less then $1000. i want to find the best place to invest.
any recommended forex managed accounts i can add cash in?

also if i want to use my own forex trading account. which forex EA is best to use for newbie traders like me?

DoubleTrap (ForexSeeker)
Jun 19 2010 at 05:32
814 posts
Who is your forex broker ? How many digit platform and how much leverage account ?

Information is Gold when come to organised.
rogelio11
Jun 19 2010 at 05:43
3 posts
im doing with fxopen micro account.
5 digitals i think.
im doing 1:500.

DoubleTrap (ForexSeeker)
Jun 19 2010 at 06:35
814 posts
You can study my system by searching ' Kill Bill 5 ' and read through the discussion detail.

If interested email me, i will setup a demo see how it perform first.

EA leasing fee is 30% of net profit with term and condition.

Normally it will easy hit target of 100% ROI in first 2 weeks.

Then depend luck on 3-4 week, weather it shoot up again or having draw down.

Information is Gold when come to organised.
Lion Asset Management (WhyLose)
Jun 19 2010 at 06:44
102 posts
Set up a demo platform, attach an ea (can't suggest one), get used to the platform. When you're happy using the platform come back and ask again.

A managed account that would accept your deposit - if you can find one - would not be a suitable place to 'invest ' your money IMO.

Time is more valuable than money. You can get more money, but you cannot get more time.
Steve B (stevetrade)
Jun 19 2010 at 07:32
1408 posts
Roger,
I would seriously recommend actually learning how to forex trade first before you use any EA. There are no short cuts in this business. Yes you could get lucky and pick the correct system or manager but from the fraction of a percentage of goodness that there is in the murky sea of forex sharks you would be very lucky.
Best place to start is
www.babypips.com

Knowledge, as they say, is power and coming into this game without study will lead you very rapidly to the poor house.
Steve

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Mohammad Arafat (marafat)
Jun 24 2010 at 09:20
18 posts
There is no short cut read and analyse mkkt first than trade if any help do write me

OLUSEUN idowu (seun5real007)
Jun 29 2010 at 09:26
1 posts
I'm new to forex trading.
i got about less then $500. i want to find the best place to invest.
any recommended forex managed accounts i can add cash in?
pls how can i good indicators.
                                       Thanks..............


 

Safwan Zolkipli (OMGTrader)
Jun 30 2010 at 20:06
9 posts
Hi OLUSEUN idowu,

This is just my opini) Keep your $500 in your pocket first before you invest in any sort of forex investment in the internet (or anywhere). Educate yourself about forex first. It's simple actually.

Find a broker that give you free demo account such as https://pfgfxlite.com, download the MT4 software and open a demo account. I'll be glad to guide you on how to use the platform.

As long as you are aware on where the money comes from and know the risk that you are taking. Forex is just UP and DOWN. That's 50-50 chances you are right or wrong. Know the ultimate direction - you will never go wr)

CTSForex (winsor)
Jul 16 2010 at 17:38
303 posts
For new traders, don't even think about trading real money until you practice trading demo account for one year. During this time, read and learn as much as you can.

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