Archive

Posts Tagged ‘Hello’

Learning Forex Trading?

December 1st, 2008
learn forex
rahul asked:


Hello,

Can you please

1. recommend some resources to learn forex trading
2. Mention what all aspects need to be covered when learning forex trading.
3. Mention all aspects to be considered while placing the trade.
4. mention Which are most widely used indicators and what are its values.

Thanks Regards,
-Rahul

GELLATLY

Investing ,

What is the minimum capital needed for forex, options and futures trading ? Free and recommended simulators ?

January 31st, 2008
learn forex
06294086 asked:


Hello guys,

I’m interested in learning more about forex, options and futures trading. I heard that there are mini or micro account that can go as little as US$ 200 or 300 dollar. Is it true ?

Also, any recommendations for free forex, options and futures trading simulators ? I know that some websites provide this service but usually the virtual capital is too high (10K or up), and I want to set the initial capital to small amount like US$ 300 or 500.

If possible, is there any recommendations for courses/books ? I’m not aiming for those fancy amount of income, several thousand/month is OK. Of course I’m not looking for courses that cost hundreds or thousands of dollars…
Thanks for the input. I agree that it’s a bit too much to expect thousands of returns for such a small amount of capital.

But, if I expect my capital which is around 300 or 500 to be doubled by around 1-2 month. Doesn’t is sound possible ????
My plan is actually something like this :
The capital will be 300 or 500. The goal is to double the capital by around 1 - 2 mounth(s).
When I have more money, I will buy more lots…

To make it safer, every time I manage to double the previous capital, I will do one more time before I plan to use more capital to trade.

It will be something like this (US$500 capital) :
500 - 1000 - 1000 (don’t use for trading) - 2000 - 2000(don’t use for trading) - 4000 and so on …

Now the problem is to find the system that are able to do this… Any recommendations ?

I personally distrust systems that cost hundreds or thousands or dollars. There are simply too many scams…

LAMP

Investing , ,