forex-trading-skills.com

joebann68 asked:


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?

chillinginchicago asked:


I really should get more educated before I decide if I would like to do this. Basically if you could give me a brief overview of currencty trading. Also, how much would I need to have in my forex account to actually make it worth the time and effort of trading and to be able to make any money? I’m a college student so a couple hundred bucks is probably all I could put in adn that’s even stretching it a little.

jools4fools asked:


I’m just learning about the ForEx and I’d like to hear about personal experiences and lessons learned.

jloe22 asked:


Does “forex made easy” system work? Can someone explain the trading of the four currencies. Can anyone do the trading from their home computer?

Steve D asked:


I’ve always wanted to get into the forex market with one of those auto pilot programs. Some of my friends are making a ton of money running these programs at night. Where can I find out more info?

nauticalpsycho asked:


Does anyone have any suggestions on a leverage limit?

Many FOREX brokers allow up to 200:1 leverage. My trading strategy is to take just very small gains (3 or 4 pips at a time) and set the stop losses way out there just to avoid a total wipeout. I never trade on Fridays either and of course close out before the market closes.

Because of the giant stop losses, I am only comfortable with around 20:1 leverage or maybe 30:1.

In other words, with a $500 margin account balance, I would only consider buying 0.1 lots of EURUSD (10,000) at a time; 0.2 lots with $700; 0.3 lots with $1100 and so on…

Does anyone out there use the same strategy as me and feel comfortable with higher leverage like 40:1, 50:1 or even higher?

ted k asked:


Do you know anything about the forex made easy software?

daffodilks asked:


I have received some good answers on here about avoiding penny stocks. One suggested I go with trading in the Forex. How much money can I make on a $1,000 dollar trade for one day? Thanks everyone for your help!

geeta g asked:


Is there anything to learn before starting forex trading for success? Or it is totally depend on one’s fate?

Gavin C asked:


I am curious that with the spread and all incentives, what platform/site/company is the best bet for investing your money in the forex?