Hi, I just joined this forum a couple days ago. I recently became interested in FOREX while browsing online for online jobs.I have thought about stock trading before, but I know the stock market can be influenced easily because it is soo small. I know the forex is very large and no one person or group could control how it goes. It seems pretty fair if you fully understand it. Ive been using a demo account and I've loved it. Ive almost always come out on top of my trades, but I am still confused. I dont know which ones to buy. I just buy when the price drops. How do I identify good ones to buy?? I appreciate it.
- Joined Jan 2008 | Status: HEY! WHA' HAPPENED? | 15,496 Posts
Hi. I hope you will enjoy FF as much as I am.
It's good that you have been demo trading and would strongly suggest that you stick to demo for at least a few months before going live. You want to make money now and it's very tempting to put real money now but just don't do it yet. You'll see why shortly.
This place is a goldmine of knowledge and if you look around, you will find ways to identify buying/selling opportunities. But don't take what people tells you for the gospel (and that applies to what I'm posting here too
) In time, you will develop your very own trading style from the information you will gather up here.
The fact that you said you found about Forex while looking for online work makes me wonder. While it's none of my concern, I hope that you where looking for a way to create an additional stream rather than a single source of income. I'm saying this because Forex does take time to learn. Rome wasn't built in one day.
It's good that you have been demo trading and would strongly suggest that you stick to demo for at least a few months before going live. You want to make money now and it's very tempting to put real money now but just don't do it yet. You'll see why shortly.
This place is a goldmine of knowledge and if you look around, you will find ways to identify buying/selling opportunities. But don't take what people tells you for the gospel (and that applies to what I'm posting here too
) In time, you will develop your very own trading style from the information you will gather up here.The fact that you said you found about Forex while looking for online work makes me wonder. While it's none of my concern, I hope that you where looking for a way to create an additional stream rather than a single source of income. I'm saying this because Forex does take time to learn. Rome wasn't built in one day.
Not all sins are created equal
- Joined Oct 2007 | Status: Technical Trader | 765 Posts
Hi, I just joined this forum a couple days ago.. Ive been using a demo account and I've loved it. Ive almost always come out on top of my trades, but I am still confused. I dont know which ones to buy. I just buy when the price drops. How do I identify good ones to buy?? I appreciate it.
Visit this Forex Factory trading systems section...
http://www.forexfactory.com/forumdisplay.php?f=71
You will find lot of system's... I would like to tell you something about trading systems...
''Trading systems are different trading methods by different trader's... By the help of different indicator's and related thing's...
Visit each system one by one... I know it may take some time but you will get your answer of your question that which one to buy or sell...But first you need lot of education....here is another intresting site about forex free education...
www.babypips.com Complete it's school level digree... Im again saying Plz dont came on real... This is ur excitment to make money in a shortcut way but it's a suiside ....
- | Membership Revoked | Joined Mar 2005 | 4,703 Posts
Hi, I just joined this forum a couple days ago. I recently became interested in FOREX while browsing online for online jobs.I have thought about stock trading before, but I know the stock market can be influenced easily because it is soo small. I know the forex is very large and no one person or group could control how it goes. It seems pretty fair if you fully understand it. Ive been using a demo account and I've loved it. Ive almost always come out on top of my trades, but I am still confused. I dont know which ones to buy. I just buy when the price drops. How do I identify good ones to buy?? I appreciate it.
too, you always come out on top and at the same time you say i don't know witch ones to buy and you can't identify witch ones to buy. go live buy high sell low, good luck. 
If I Go Broke Trying Then I Will die happy.
