Comments on: all investers forex traders i need a bit of help please? http://www.myylt.com/2009/12/01/all-investers-forex-traders-i-need-a-bit-of-help-please/ Discussion of Forex Trading and Currency Trading Wed, 23 May 2012 14:34:29 +0000 http://wordpress.org/?v=2.3.3 By: Answer Me http://www.myylt.com/2009/12/01/all-investers-forex-traders-i-need-a-bit-of-help-please/#comment-20319 Answer Me Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/12/01/all-investers-forex-traders-i-need-a-bit-of-help-please/#comment-20319 Pick up a few books and read up on stocks. Go for low risk, low yield stocks first since you are new at this. Read as much as you can and watch youtube videos and documentaries. If you find the topic interesting then open a brokerage account somewhere and start buying stocks. Don't open a forex account, I know lots of ads are out there promoting forex but trust me stocks are much better and safer to start out with. Then sign up with an online broker. (you can do this the same time as step 1 as long as you don't jump the gun and start trading without some basic skills) I recommend a low fee brokerage like sogo who charge $3 a trade and also give you 100 free trades to start so make your first few trades really small ones. https://www.sogotrade.com/Setup/Default.aspx?rf=392837 While you are learning about stocks also read up on options. That is a must if you want to be an investor. Take a look at LEAPS, you will be glad you did. Forget starting with forex, honestly people lose money faster in forex trading than in stock trading so learn to master the stock market first and then jump into real money forex. Pick up a few books and read up on stocks. Go for low risk, low yield stocks first since you are new at this. Read as much as you can and watch youtube videos and documentaries. If you find the topic interesting then open a brokerage account somewhere and start buying stocks. Don’t open a forex account, I know lots of ads are out there promoting forex but trust me stocks are much better and safer to start out with.

Then sign up with an online broker. (you can do this the same time as step 1 as long as you don’t jump the gun and start trading without some basic skills)

I recommend a low fee brokerage like sogo who charge $3 a trade and also give you 100 free trades to start so make your first few trades really small ones.

https://www.sogotrade.com/Setup/Default.aspx?rf=392837

While you are learning about stocks also read up on options. That is a must if you want to be an investor. Take a look at LEAPS, you will be glad you did. Forget starting with forex, honestly people lose money faster in forex trading than in stock trading so learn to master the stock market first and then jump into real money forex.

]]> By: Calvin http://www.myylt.com/2009/12/01/all-investers-forex-traders-i-need-a-bit-of-help-please/#comment-20320 Calvin Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/12/01/all-investers-forex-traders-i-need-a-bit-of-help-please/#comment-20320 try this site..maybe it could help you.. http://www.currency-trading-tutorial.net/ try this site..maybe it could help you..

http://www.currency-trading-tutorial.net/

]]> By: Melvin http://www.myylt.com/2009/12/01/all-investers-forex-traders-i-need-a-bit-of-help-please/#comment-20321 Melvin Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/12/01/all-investers-forex-traders-i-need-a-bit-of-help-please/#comment-20321 visit this site..i guess it could help you.. http://www.currency-trading-tutorial.net/ visit this site..i guess it could help you..
http://www.currency-trading-tutorial.net/

]]> By: imya http://www.myylt.com/2009/12/01/all-investers-forex-traders-i-need-a-bit-of-help-please/#comment-20322 imya Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/12/01/all-investers-forex-traders-i-need-a-bit-of-help-please/#comment-20322 You need to learn about money management first, Derek. Practice account is different than live account. You'll get high pressure. You can open mini account at forex broker and use your little money that you can afford to lose. http://www.imyatrader.com You need to learn about money management first, Derek. Practice account is different than live account. You’ll get high pressure. You can open mini account at forex broker and use your little money that you can afford to lose.
http://www.imyatrader.com

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