what are the steps i need to take to be sure of my eligibility?
This entry was posted on Monday, February 8th, 2010 at 12:54 pm and is filed under learn forex trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
jduck1979 February 8th, 2010 at 1:05 pm
Try practising with the online fantasy game @ http://www.bullbearings.co.uk first….. then see about setting up an account somewhere you can do it for real once you’ve established whether you’re any good at it.
Asab February 8th, 2010 at 1:56 pm
It is easy to start it, just searching in yahoo and type forex trading platform, example platform is FXCM, FXDD, Easy Forex, Marketiva and so many platform in this world.
After you have make decision on choosing the platform. There are standard form for you to full fill it and scan it and send it to the Platform company (where it is in NFA (National Futures Association) http://www.nfa.future.org).
After that that company will send you, registration number and using that number registration, and deposit money by using any bank. before that makesure they are giving you number account from that company for deposit. After that you can install the platform and link to the platform and you can see your money there.
Forex trading is different with stock market trading in order to get profit. Example; stock market trading is same like business where you sold product more than you buy but in forex trading both side can get profit whether uptrend and downtrend depend on your position for position buy going up is profit and position sell going down is profit. but you must understand every position we make -2 happening. example we predict that uptrend will be happening then we make position buy at that time usd 1.3600 ((EUR/USD example we are using 1 Euro vs 1.3600usd ) depend on platform) -2.
Frank Castle February 8th, 2010 at 2:41 pm
I suggest at least $1,000,000.00 KWD
Paul U February 8th, 2010 at 3:13 pm
Anyone is “eligible” to begin trading Forex……the question is are you “qualified” to begin trading Forex?
There are two keys to address before participating in the market. 1st you must have a good understanding of the dynamics and the mechanics of participating in the marketplace. And second you must never invest money that you cannot afford to lose.
Be aware that there are risky ways to trade in the Forex marketplace and there are conservative strategies that help to reduce that risks and increase your potential of generating a decent return
Paul
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evermore February 8th, 2010 at 1:07 pm
You can open an free Marketiva forex online trading account , 5 USD live fund and 10000 USD virtual fund already in your account.!
Open an free account and get $5 reward!
http://www-forex.spaces.live.com