DislikedThere is a very steep learning curve for beginners.
Based on my experience, I suggest that you diversify and invest some of your money in forex managed funds.
Exactly 1 month ago, I opened an account in the Sentiment Aggressive Fund through a brokerage called Self-Actualizer Financial Solutions (http://www.self-actualizer-fs.com) because they give a reduction in the performance fee from 20% to 15% for the first 90 days of new accounts.
My account in that fund is up more than 9% by now after the performance fee for the 1 week in October that my account was active was subtracted. At the same time, my accounts in mutual funds are all down (as much as 12%) relative to where they were 1 month ago.
That fund has had a return of 52% for July-October, 2007. At the moment you can open an account in this fund and the Sentiment Fund with only $1,000, but this minimum will increase to $5,000 on Dec 1.
Also, these funds are completely liquid, so that you can withdraw some of your money (if you keep the min.) or all of it at any time.Ignored
anymore info on this fund like how long has the fund been operating ?