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Beginner Questions

  • #61
  • Jul 13, 2020 3:47pm Jul 13, 2020 3:47pm
Hello, everyone. This is my first time posting. I am barely getting my feet wet on trading over a platform, but I was wondering if anyone has done any Forex trading with cash currency. For example, I live in SoCal and it is very easy for me to buy pesos in San Diego, cross the border to Tijuana and buy dollars on a profit. My ROI has been 3.75%. I've made $1,300 total on the sum of 4 trades over a 3 week span. Has anyone ever done this?

Thank you,
Bduke
  • #62
  • Jul 14, 2020 8:50am Jul 14, 2020 8:50am
Hi there, I am a real beginner but I have done some trading with Grand Union Markets through MT4 terminal and I really enjoyed it but I think they are scamming me!!

How do I chose a good broker that is happy to take a small deposit and let me build slowly??
  • #63
  • Jul 16, 2020 7:56am Jul 16, 2020 7:56am
Quoting Bduke
Hello, everyone. This is my first time posting. I am barely getting my feet wet on trading over a platform, but I was wondering if anyone has done any Forex trading with cash currency. For example, I live in SoCal and it is very easy for me to buy pesos in San Diego, cross the border to Tijuana and buy dollars on a profit. My ROI has been 3.75%. I've made $1,300 total on the sum of 4 trades over a 3 week span. Has anyone ever done this? Thank you, Bduke
welcome to this forum , its a very friendly forum from all we have , hope you will enjoy everything with great learning. good luck
  • #64
  • Jul 18, 2020 4:23am Jul 18, 2020 4:23am
its a good forum , no way to deny , but i think for learning forex as a new trader pips school is more appropriate , you can move on there besides this forum.
  • #65
  • Jul 18, 2020 6:03am Jul 18, 2020 6:03am
right now i think beginners not greedy as like before,
because its right now an open secret that with no learning there is no way bring profit from here.
  • #66
  • Jul 19, 2020 8:30am Jul 19, 2020 8:30am
You think beginners these days aren't as greedy as before?
  • #67
  • Jul 21, 2020 11:52am Jul 21, 2020 11:52am
greed is a thing that we have all. honesty speaking its a thing that we cant avoid at all. some human nature cant be changed.
  • #68
  • Jul 22, 2020 1:07am Jul 22, 2020 1:07am
Quoting mlawson71
You think beginners these days aren't as greedy as before?
I believe everyone is greedy in one or another way
Greed is a part of the nature, the most important thing is to actually eliminate it rather than controlling it.
  • #69
  • Jul 22, 2020 9:31am Jul 22, 2020 9:31am
That's true. No one is immune to greed, it exists as part of human nature because by nature we have a desire to seek more due to economic reasons.
  • #70
  • Jul 22, 2020 3:12pm Jul 22, 2020 3:12pm
Quoting Bduke
Hello, everyone. This is my first time posting. I am barely getting my feet wet on trading over a platform, but I was wondering if anyone has done any Forex trading with cash currency. For example, I live in SoCal and it is very easy for me to buy pesos in San Diego, cross the border to Tijuana and buy dollars on a profit. My ROI has been 3.75%. I've made $1,300 total on the sum of 4 trades over a 3 week span. Has anyone ever done this? Thank you, Bduke
hi and welcome , i hope you will enjoy everything in this community , happy trading. good luck
  • #71
  • Jul 22, 2020 7:27pm Jul 22, 2020 7:27pm
I just Google for XpressTrade but I have found nothing about them there, anyone has information about them, I am curious to know about them?
  • #72
  • Jul 23, 2020 2:53am Jul 23, 2020 2:53am
Quoting mlawson71
You think beginners these days aren't as greedy as before?
I think beginners these days are even more greedy as before. People have a big misconception about forex. They just want to be rich quickly but just end up blowing their accounts because of lack of knowledge and too much greed.
  • #73
  • Jul 24, 2020 7:30am Jul 24, 2020 7:30am
I just finished a second course on trading the Forex market. I'm currently looking for a reliable broker with decent fees where I could start trading micro lots to test some strategies I have learned. I have seen some experienced traders on YouTube using OANDA. It seems a decent broker and founded in Canada where I'm living. Also, it can also be integrated in TradingView. Would you recommend it to someone like me that want to test the water in the Forex market or they are better alternative out there?

Thanks guys!
  • #74
  • Jul 24, 2020 12:52pm Jul 24, 2020 12:52pm
thanks for sharing your nice experience , actually a reliable broker is a broker which for all time ensure security of funds with a wide range of trading technology.
  • #75
  • Jul 24, 2020 2:24pm Jul 24, 2020 2:24pm
you have done really well. reliable broker doesn't restrict any kind of trading techniques with scalping and hedging. they always ensure best trading environment by providing the lowest trading spreads.
  • #76
  • Jul 25, 2020 1:59am Jul 25, 2020 1:59am
generally top rating broker doesn't ensure lowest trading spreads , as a result beginners cant choose these kind of platform. they choose non rating broker at the end of the day fall a great trouble.
  • #77
  • Jul 25, 2020 7:56am Jul 25, 2020 7:56am
Quoting MarkFxAnde
generally top rating broker doesn't ensure lowest trading spreads , as a result beginners cant choose these kind of platform. they choose non rating broker at the end of the day fall a great trouble.
Aren't the most popular brokers the ones with proper regulation and low spreads?
  • #78
  • Aug 2, 2020 3:51am Aug 2, 2020 3:51am
I suppose he meant that the broker offering the lowest spread may not necessarily be the best broker.
  • #79
  • Aug 10, 2020 3:00am Aug 10, 2020 3:00am
Choosing a good and reliable broker is the most difficult thing to do in forex trading. There are so many fake brokers in this market. SO, be careful when you will choose a broker for you.
  • #80
  • Aug 14, 2020 12:23pm Aug 14, 2020 12:23pm
You have to make proper decisions at the right time to make money from this risky market,
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