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 FOREX | v se7en, the market is very SucKy

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Hemohemo
post Apr 13 2010, 03:13 PM

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Hi,

im new here. Any know how to open a forex account and the minimum amount to start up. I just wanna try and make side income smile.gif
earn some extra money smile.gif

any tips or tutorial kindly mail me at hemoforex@yahoo.co.uk

Thnx all!!!!!
Hemohemo
post Apr 14 2010, 09:45 AM

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QUOTE(xeNOS @ Apr 13 2010, 06:13 PM)
ic.. u stay in HK ? is the HTC there cheaper? i goin HK nxt wk...


Added on April 13, 2010, 6:19 pm

hi u can try IBFX/FXDD/OANDA... for oanda there is NO minimum you can open an account from as low at USD50 but u'll be trading cents la... good for practice...
for a beginner i would advise not too think of making/earning yet in the markets, just take your time learn and experiment with different trading strategy and find a one that would suit your personality... it is hardwork and takes alot of time and dedication... so just go easy smile.gif
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Thnx for the info, i dont mind trading cents. As long i get to know make expreiment and study the strategy. Maybe after a month or two i will start to trade seriously.
Hemohemo
post Apr 14 2010, 10:36 AM

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Anyone heard about Etoro
Hemohemo
post Apr 14 2010, 11:15 AM

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QUOTE(xeNOS @ Apr 14 2010, 10:38 AM)
ya a broker rite... heard of them b4.. but did not sign up with them... what did u came across?
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i just browsing around and found about it. Seems like ok. but need to read more and research
Hemohemo
post Apr 14 2010, 01:56 PM

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Any suggestion for a newbie to start trading? With min fund tongue.gif just want to see the flow and research before move up. Any tips and teaching? Hope all the sifu2 can help la
Hemohemo
post Apr 15 2010, 12:53 PM

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QUOTE(Invince_Z @ Apr 14 2010, 02:53 PM)
Hemohemo: trade with demo 1st. but if u willing to burn some cash, usd100 will do the job. mind u...with 100usd, trade with max 5 cents per contract. n no more than 5 contract. also, try no hold a position too long unless u sure of the trend.

imho..demo is rubbish. real money (usd100) learning much more effective. demo only work for a beginner to understand the concept of the trading platform n the terms used in trading. after familiar with those stuff...it is advise to continue learning with real money by trading small with cautions.
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Thanx for de info... would you mind suggest me which broker to start in terms of depositing and withdraw is easy..i dont mind if earn like 10-30bucks. After i know the flow i try bigger funds.
Hemohemo
post Apr 15 2010, 01:28 PM

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QUOTE(Invince_Z @ Apr 15 2010, 12:59 PM)
for a start, u could try instaforex. try the demo 1st ya. once u grab the fundamental, start live small for learning process. once u familiar with stuff, u can choose whatever broker u like.
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Thnx bro will give it a try
Hemohemo
post Apr 15 2010, 03:44 PM

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QUOTE(Invince_Z @ Apr 15 2010, 03:34 PM)
put aside bucketshop issue. instaforex provide fast cash in as needed by him. usd100 for a real live learning is worth give it a try. after becoming a pro, seasoned trader laugh.gif, its up to him to migrate to any other broker
its up...n down drool.gif

btw, i'm not trading, just watching n analyze the market as exercise. no doubt i lose chances to make money, but the analysis is important thing to learn. its worth infinite money brows.gif
err..nope, passing R2 n a sudden drop below R1. would the pair break R1 again today? now, enters the correction period. owh...its gonna be a really2 long one. 23/02/2010 is @ 1.5572.

fyi, feb high is on 03/02/2010 @ 1.6066.

a re-break above R1 more than 10-15 pips...the pair is up up n away n its only north if GU breaking today R2 real hard.
no break? a bear we had there.

btw, i'm not good with long period chart...especially week, month, n sometimes day. mostly, i'm scalping at 5M...sometimes at 15M.
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So instaforex is ok then. What is the min for instaforex? I tried to email..still waiting for reply.

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