Trading Currency Blog

chris.whitelaw asked:


I know of GFT Forex, and http://www.forex.com/

Right now, I’m liking Forex.com a little better because they offer higher leverage (+250 i think) and they guarantee the trade price of their currency or have instant trades.

Thanks in advance,
Chris

ALDERINK

happyjack270 asked:


I am looking for an online forex trader that will let me trade the chinese yuan (CNY), but I’ve found that they don’t seem to list what currencies you can trade through them. Does anybody know how I can find out (via the web) what currencies a forex broker trades? Ideally, I want to find one that trades the major currencies in addition to at least the chinese yuan, and has high leverage (200:1 or 400:1).

WATERBURY

goodguy07 asked:


I am picturing a set it and forget it program that constantly calculates the value of complex currency cycles and automatically executes an arbitrage trade when one becomes available. I understand the window of opportunity on such trades would be very short, is it even possible?

KENNELL

pps p asked:


I know that in futures, we should have our money in the brokerage account as said in initial margin requirements for buying particular futures contract…..Then there will be specifications for the contract like contract size, tick size….Based on the Contract size and our betting will move…..If our bet was wrong then we will be losing money and once it reached the maintenance marigin , we get the marigin call to add funds to rebound to initial marigin……This is how futures work …correct?

1.Now, what is the dfference between currency futures and trading currency ?Does trading currency ordinarily involves same like initial marigin amount, contract size and maintenance marigin?

2.Now, does hedging in future contract does not have marigin requirements?Like Buy USD/AUD Sell USD/AUD in two different trades?If yes, does hedging in all futures ( currency, index,interest ratesetc…) dont have marigin requirements?

Thank you .

3.

VOEGELE

Rosemi asked:


but he stills goes off the deep end if i walk into his office while is in the middle of a trade and now opts to play video games inbetween trades? what is going on???

he calls it stress??? what do you think?

ZERGER

Necip C asked:


I went to an introduction to FOREX (foreign exchange) class recently and they were telling us how with a good education in FOREX you can consistently make money, and good money too, since you are trading 50 or 100 times what you have in your trading account. The complete course is $2000 and they were pushy for us to take the class so I didn’t feel so confident about it, but i read up on the subject a bit and did a trial trade for about 30 days, I was up a lot at one point (about $8000) but in the end of the month i pretty muich broke even. WIth more knowledge and a proper education on the subject can it be a long term way of makin money?
DEAR ALL, thanks for your responses, overall you seem to think currency trading is high risk and not really a viable way of making money from home. I should have mentioned in my question that if i were to do it, i would want to rely more on technical analysis and all the ratios and different theorems etc. I would also be making trades that are from about 30 minutes to at most one day. Does this change anyones opinion on the subject?

LOCKMILLER