Posted on 08 June 2010. Tags: trading forex
I have been reading about trading forex but I am unsure about the strategy I should be using. I have read about so many different strategies and they all claim to be the best and easiest. I was just wondering if anybody had any real experience trading forex that could recommend a good strategy to start out with.
Posted in Online Trading Q & A's
Posted on 07 June 2010. Tags: bucket shop, bucket shops, forex broker, forex brokers, ropes, trades
What’s a decent forex broker which is not a seedy bucket shop but still not to high priced?
I want something that I can start off with with around 0 or so just so I can learn the ropes and make my little trades. I’ve read warnings about certain forex brokers which are unregulated bucket shops and aren’t insured properly either. But are there any decent forex brokers which don’t charge terribly high fees but still are decent?
Posted in Online Trading Q & A's
Posted on 06 June 2010. Tags: clarification, exercise
Anybody can tell me how forex options affect forex market? Do they actually affect the market only when they are exercised? Does an exercise of a forex option occur at the same time as a sell-off of the option? (My understanding is that when an option expires, you have to exercise it then sell it to make profit)
OK, for more clarification, my understanding is that, when an option is exercised, you open a position at the stated price. But I don’t know if the opened position has to be closed immediately. Correct me if I am wrong.
Posted in Online Trading Q & A's