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  1. #1
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    Default Foreign Exchange: Tips and Advices


    Hello guys,

    I have a save up account (hard earned) and I wanted to invest in something worthy. I hear foreign exchange online is Okay. However, in order to do so, you need to learn how to read graphs and charts and should always be aware with how the market behaves. Of course, I find it relevant. So, after doing a quick research I have determined that I'm going to sign up with one of those platforms online that are notable for being able to provide traders with worthy techniques and etc.

    My question is, are there people out there who are successful in foreign exchange online? If so, what type of platforms are you using? I found out that Etoro has a copy trader technique wherein you can simply copy what a ranked trader will do to his account. However, applying so (demo account) I do not see changes.

    What platform would you guys like to recommend for a beginner like me?

    PS: Though, i'd really like to invest in mutual fund however the ROI may seem to be a little longer compared to foreign exchange.

    To mods: If you find the post irrelevant and insignificant, feel free to delete my post. Thanks.

  2. #2

    Default Re: Foreign Exchange: Tips and Advices

    i would suggest bro you open a demo account like sa oanda Treat your demo account as if its real. Maybe after pila ka months you will be ready na for real account. And while doing so, you can invest your money sa blue chips or invest sa mutual fund. Better not to be quick in using your real money

  3. #3
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    Default Re: Foreign Exchange: Tips and Advices

    thank you sa tip. hows that working for you man? positive output, can you say?

  4. #4
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    Default Re: Foreign Exchange: Tips and Advices

    Wla mn jud guro gusto mang share sa ilang techniques.

  5. #5

    Default Re: Foreign Exchange: Tips and Advices

    Quote Originally Posted by iamU View Post
    Wla mn jud guro gusto mang share sa ilang techniques.
    sir funny man kaayo ka. you are trying to invest your hard earned savings, following what other people are doing without understanding why?

    so kun mokaon sila tae kaon pud ka because they are the "best"?

    invest in education. i reckon you only heard of forex in less than 6 months. it took me 2 years of studying trading before i was profitable (trading for over 5 years now). i can teach you how I take my trade, but believe me you will be seeing different than what the teacher does because there are just some nuissances in trading that cant be explained in a snap. its judgement call.

    if you want a solid and tested strategy try this instead. listen to his archived thread going 4 or 5 years back.

    Sam Seiden

    i know its balikbalik lang iyang strategy. but it works, atleast the concept does

    then read the book TITZ trading in the zone, or trading psychology books. use google to download free copy

  6. #6

    Default Re: Foreign Exchange: Tips and Advices

    Quote Originally Posted by istoryamember View Post
    i would suggest bro you open a demo account like sa oanda Treat your demo account as if its real. Maybe after pila ka months you will be ready na for real account. And while doing so, you can invest your money sa blue chips or invest sa mutual fund. Better not to be quick in using your real money
    sir, thanks for the usefull link!

  7. #7

    Default Re: Foreign Exchange: Tips and Advices

    Quote Originally Posted by iamU View Post
    thank you sa tip. hows that working for you man? positive output, can you say?
    so far ok man pero I am still using demo account plus dili kaayo focus kay naa ko sa stock trading ga focus. From time to time mag forex ko. Ayaw lang jud pagdali.

  8. #8

    Default Re: Foreign Exchange: Tips and Advices

    Quote Originally Posted by iamU View Post
    Hello guys,

    I have a save up account (hard earned) and I wanted to invest in something worthy. I hear foreign exchange online is Okay. However, in order to do so, you need to learn how to read graphs and charts and should always be aware with how the market behaves. Of course, I find it relevant. So, after doing a quick research I have determined that I'm going to sign up with one of those platforms online that are notable for being able to provide traders with worthy techniques and etc.

    My question is, are there people out there who are successful in foreign exchange online? If so, what type of platforms are you using? I found out that Etoro has a copy trader technique wherein you can simply copy what a ranked trader will do to his account. However, applying so (demo account) I do not see changes.

    What platform would you guys like to recommend for a beginner like me?

    PS: Though, i'd really like to invest in mutual fund however the ROI may seem to be a little longer compared to foreign exchange.

    To mods: If you find the post irrelevant and insignificant, feel free to delete my post. Thanks.
    just an advice bro...kun wala pa ka experience sa FX trading, I recommend you read books or research on the Internet sa and use demo account before you go into live trading. FX trading may sound like fast money pero the risk is even higher than stocks trading labi na if you lack the experience and know-how.

    You may try stocks investing first then stocks trading if you want...ROI is quite okay too.

    I regularly trade FX mostly on EU/US market crossover sessions but I swing out some pairs during day time diri sa ato labi na the AUD/JPY pairs. Getting use to price action is more important in FX trading labi na if you are scalping....

  9. #9

    Default Re: Foreign Exchange: Tips and Advices

    TRADE with RISK CAPITAL ONLY - which means money that you are willing to lose.....

  10. #10

    Default Re: Foreign Exchange: Tips and Advices

    mao ba ni siya TS?

    XForex

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