kerr to u wrote:


I haven’t been able to figure it out. If you invest in two different currency pairs that mirror each other, how does a person expect to make any money, Does anyone know how to do this? which currency pairs do you use and how much can a person hope to earn, percentage wise, in relation to their original investment.
Also I currently use Oanda any problems I should know about regarding this broker?

Thanks in advance

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aishah a wrote:


i plan to open a mini account with USD 800. i plan to gain 15 pips in a day but i don’t want to use a very high leverage due to its high risk. what is the lowest leverage offered in mini account? from which broker?

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Warren Hutch wrote:


I am an active investor, have done well with common stocks, Nasdaq and NYSE, but am new to foreign currency exchange. I do my own homework, and have had mixed experience with several forex brokers over the past months. I have used FXCM and Saxobank in London, both are rather large firms. While seeking a mentor, I recently received a promotion in the mail from an Atwood and James, which appears to be a small operation, but the fellow seemed to know a bit about forex, and spent the time to share his experience. So far, with the larger firms I am ahead of the game, but only slightly. Any suggestions or help or experience with smaller brokers? Anyone have experience with these Atwood and James people?

Sewing

Peter G wrote:


I have a joint account and an individual account with the same Forex broker. Would it be illegal if i were to go long on one account and short on the second account on the same currency? The goal is to collect the rollover interest after a week. It seems like a strategy that’s too good to be true.

Would i suffer any tax consequences if i transfer funds from the account with the capital gains to the account with the capital loses to make things equal again? The reason i ask is because the joint account is co-owned by someone else.

The reason i can’t short and long the same currency on one account is because the broker’s trading platform doesn’t allow it.

Forex Trading

Ilyes wrote:


hi
I found several search results about some products saying that they are automated and make us money on autopitlo . Did anybody out there really make money out of it without losses guaranteed? Are the Forex brokers cooperative enough to allow us to redeem our funds?

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frankhenderson02 wrote:


I have 2 questions. Is anyone using FXCM Micro and is anyone making a living from trading micro lots ie: are you able to make weekly or monthly withdrawals? Their margin is attractive and would love to get to 250k multiple (currently at 10k) Any thoughts on FXCM Micro would be appreciated. Thanks

Credit

John wrote:


In 2008 I had Forex losses. Can I claim these on my federal taxes?

Is there a limit to the amount I can claim?

Will the claim count as a “deduction” or can I still keep the standard deduction?

Do I need a form from my broker? If so, what form?

What if I already filed, can I file an amendment or something?

THANKS!

Insurance Questions

InterestedObserver wrote:


How do I calculate it? My broker says $1 per pip. I use 100:1 leverage. The currency moves up 5 pips. I gain $5? The currency loses 5 pips. I lose $5? Please explain.

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Q j wrote:


is there a broker out there that allows me to trade options …forex…stocks…and commodities?

Learn Forex

blue_prince_of_dallas wrote:


I’d like to find 2 pips or less on EUR/USD. I used to trade with IB, which has a spread of about 1 pip, but they also charge a commission. What other tight spread brokers are there? I’m sure I’ve seen 2 pips before.

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jason A wrote:


If so, can there platform be downloaded and run from the desktop without having to log on through an internet browser?

Loan Consolidation

Colette M wrote:


hi i am 15 years old and i found the best way to make money from Forex. I have an EA which doubles my money every month.(demo account). My parents are discouraging me doing this because they dont like online work. I plan on doing this for my job when i am older but i have one problem. I want to start now but i cant. How can i open a live account with a Forex broker if i am under 18?

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Aileen wrote:


I’m thinking in investing in the forex market..
I have been studying the pairs but I still don’t know what broker to chose.
PS: if you can link me to their web site I would very much appreciate it!!!
I’m looking to try the demo, not the live account yet.

Home Decorating

joebann68 wrote:


Does anyone know in order to move the forex market 1 pip, (say on EURUSD with a retail broker), how much volume would need to go in at a specific price point?

To contrast with the stock market, if we look at a thinly traded stock, buying a few hundred shares may be enough to move the stock up a penny.

How does it work with forex?

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k t wrote:


If they trade with a US broker.

DUI

yankieby wrote:


Did anyone know any desk or non deskbroker that permits forex scalping. I want to enter go into forex trading with $1000.
I have used interbank meta trader 4 demo for 4 weeks now.Any advice on interbank or any other better broker.Is there going to interest on money like tax if you make a profit apart from the spread taken by the broker. Any information will be appreciated.If scalping is not allowed then What is the minimum minutes on a particular position be4 closing it. Thx.

Learn Forex

Robert k wrote:


Opening an account with a Swiss forex broker. Will my profits be tax exemp in the united states or will I have to claim them?

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Bobi G wrote:


Hello everyone,
I want to start trading forex and I am still hesitating about a lot of things.
First, most people say they have bad experiece trading forex.
I know that even Warren Buffet (I don’t know how to spell it exactly:)) said that: “In stocks you could predict the price of a stock, but how can you predict the price of currency”)-
That in fact sounds very reasonable since we all know that in shares it’s enough to read a news that some company has planned to invest some money in Rolls Royce…to say…and then you buy shares from Rolls Royce…But wherefrom you can guess that USD will not find a way up again?
Some people say that the forex brokers have very high commisions and thus you can never win? Is it me or this sounds very stupid?
How about you? What was the amount of money you started and how much you have earned?

Thanks alot!!!

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Rtyhgrf T wrote:


where to find ,
Forex brokers with low spread and low trade size ????

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mateusz wrote:


i would like to know if fxopen or avafx are not scam ?? and if their services are good??

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