Your Questions About Forex Trading Forum

kenspong answers:

Hi Arnold…

I’m not clear in catching your question…but try to answer.

Some good forex brokerage are offering in gold, silver and oil trading too.

In my experience, the fluidity of commodity price is tightly inter-related with safe haven currency like USD, JPY and CHF. That, I think, commodity most of the time more difficult to forecast than forex and options. But yes…the risk/rewards on commodities is mostly very attractive. These facts keep me telling my investor’s friends for not to hurry in trading commodity as long as they feel that they are still Beginner or Less Experienced investors…

I hope this could help you. And if you’d like you can visit my trial website at http://foropts.webs.com/ (but sorry, it’s still under construction until mid of 2011, but membership is opened because we based communication on email correspondences)

kenspong answers:

Hi Fong, thank you for info, but I want to know, you want to share or to sale the trading system ?
If you want to share, in Indonesia we have a large forum at: http://kaskus.us, one of the sub forum is about business, many threads are discuss about forex, we will very glad if you willing to share your trading system
Just subscribe for free, and open your thread
or you may introduce the system at www.talkgold.com

kenspong answers:

In my opinion, it’s not the best way to earn money for Forex trading.
Better I will provide you more sources for study.
My choice is BabyPips and Automated Forex systems From Forexeasystems.
I suggest you better to find money and buy profitable Forex software.

kenspong answers:

All trading is tough. The previous posters cite the 90% of forex traders lose money. True. But they fail to tell you that 90% of people trading equities lose money also. Trading, whether it’s equities, fx or futures is tough. Actually, I think the numbers are 90% for equities and 97% for futures/forex traders.

The first poster that said to trade currency futures is insane. Futures contracts possess the potential for unlimited losses. Like the one poster said, you can lose 100% in fx, but you can loss 200% in futures. I’ve seen several instances of futures traders losing their entire account and then having to cough up more money to cover the losses above what was in their account. If you have a $10,000 futures account, you could realistically lose $50,000 on a trade that goes horribly wrong and you’d have to come up with an additional $40,000 to cover the loss above the $10,000 in your account. In fx, you can only lose your entire account.

I am an fx trader and I love it, but I don’t think it’s for everyone. It bothers me when a person knocks a specific investment vehicle because they don’t like it or it doesn’t fit their investment style. I don’t like medicine. The hours are long, the field is tough, but I wouldn’t go knocking being a doctor. Because it’s not what interests me or what I want to do doesn’t mean it’s a bad occupation. There are people out there that love medicine and are geniuses in the field. It’s good for them, but it’s not good for everyone.

The same thing with investments, I love the high risk markets, but only a small percentage of the population are suited for them. Doesn’t make them bad.

I really wish people would stop being so judgmental about things they don’t like or don’t understand. If forex trading is not for them, then they should just say, “Hey, I don’t like it, but that’s me”, instead of making it out to be an evil that EVERYONE should stay away from.

kenspong answers:

Go to
freetranslation.com
& copy & paste that in! & it should come in!

=]