[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

To Forex or not to Forex



PureBytes Links

Trading Reference Links

Hi Rtrs,                                                   
                                                           
          Thanks to  Nabi/Simon and others for giving us
the benefit of their experience on forexing.               
                                                           
                                      The Daily chart needs
an open and a close. I guess most technical analysis
software would cut off at midnight, and treat it as a
close, treating the next tick as the open.            
Somebody asked me about reading material on forex trading -
 there is a book on trading currency by Luca mentioned to
me by a forex trader available at Amazon.com or any major
book store- I have no connection with either.              
                            Obviously forex trading  is
just now becoming accessible to the individual  trader but
like currency futures it is better to have at least 
$10,000  before considering  trading it. Most reputed
companies set up a sizeable minimum. The Money Garden one
is the one with  low minimum. I would stick to a company
that has a minimum of atleast 10,000 dollars , properly
segregated account and a good reputation. This kind of
trading is not regulated by CFTC/NFA as far as I know.     
                                                          
Does anybody trade using mostly internet,
quotes,orders,news etc. if so, how do they deal with the
internet unreliability.             Happy trading, Ashif   
 .