Comments on: What is the best book on FOREX trading for beginner? http://www.myylt.com/2010/02/23/what-is-the-best-book-on-forex-trading-for-beginner/ Discussion of Forex Trading and Currency Trading Wed, 23 May 2012 15:32:44 +0000 http://wordpress.org/?v=2.3.3 By: UnclePug http://www.myylt.com/2010/02/23/what-is-the-best-book-on-forex-trading-for-beginner/#comment-22667 UnclePug Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2010/02/23/what-is-the-best-book-on-forex-trading-for-beginner/#comment-22667 One of the few FOREX trades where I made money was the TED Spread, the spread between T-BIlls and Eurodollars (US dollar denominated savings in Europe). Right now I wouldn't touch that trade with a 10 foot pole. I also managed to lose a lot of money with Swiss francs vs. Deutchemarks because my contracts were during the time when Germany had to vote to join the Exchange Rate Mechanism. Long story, but my point is, that even when a normally predictable currency trade is going through a cycle, political events can swing the trade wildly. Take a look at what is going on with the USD rally, the whole Greek-Euro bailout, etc. Both of these could get you margin called out at a huge loss, and swing back to profits a week late. FOREX right now would be a bad idea, but if you MUST trade, you could try a single currency ETF, either short or long, and see how that works out first, something like FXY , UUP or UDN. One of the few FOREX trades where I made money was the TED Spread, the spread between T-BIlls and Eurodollars (US dollar denominated savings in Europe). Right now I wouldn’t touch that trade with a 10 foot pole. I also managed to lose a lot of money with Swiss francs vs. Deutchemarks because my contracts were during the time when Germany had to vote to join the Exchange Rate Mechanism. Long story, but my point is, that even when a normally predictable currency trade is going through a cycle, political events can swing the trade wildly. Take a look at what is going on with the USD rally, the whole Greek-Euro bailout, etc. Both of these could get you margin called out at a huge loss, and swing back to profits a week late. FOREX right now would be a bad idea, but if you MUST trade, you could try a single currency ETF, either short or long, and see how that works out first, something like FXY , UUP or UDN.

]]> By: Sela M http://www.myylt.com/2010/02/23/what-is-the-best-book-on-forex-trading-for-beginner/#comment-22668 Sela M Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2010/02/23/what-is-the-best-book-on-forex-trading-for-beginner/#comment-22668 you may check out this site. other than you can download a free ebook and a free practice account, they have a learning center where you can read and understand everything you need to know about forex trading. and their innovative programs are simply great tools to assist trading in decision making. all the best. you may check out this site. other than you can download a free ebook and a free practice account, they have a learning center where you can read and understand everything you need to know about forex trading. and their innovative programs are simply great tools to assist trading in decision making. all the best.

]]> By: Ash N http://www.myylt.com/2010/02/23/what-is-the-best-book-on-forex-trading-for-beginner/#comment-22669 Ash N Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2010/02/23/what-is-the-best-book-on-forex-trading-for-beginner/#comment-22669 Hello Dmitry How are ya mate? Here is my email address myforex@y7mail.com Please shoot me an email and i will send you 2 e-books , trading for beginners (very straight forward and simple) and a simple strategy i use on a particular pair daily that brings decent profit every month. Best of luck Ash www.forex-trading-domain.com Hello Dmitry

How are ya mate?

Here is my email address myforex@y7mail.com

Please shoot me an email and i will send you 2 e-books , trading for beginners (very straight forward and simple) and a simple strategy i use on a particular pair daily that brings decent profit every month.

Best of luck

Ash

http://www.forex-trading-domain.com

]]> By: b2fnow http://www.myylt.com/2010/02/23/what-is-the-best-book-on-forex-trading-for-beginner/#comment-22670 b2fnow Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2010/02/23/what-is-the-best-book-on-forex-trading-for-beginner/#comment-22670 Bird Watching in Lion Country by Dirk Dutoit reviewed here: http://www.financial-spread-betting.com/Bird-watching-in-lion-country-review.html http://www.rapidforex.com/ http://www.traderssecretcode.com... http://www.1forextrading.com/ http://forexmarketsuccess.com/forex-ebook/ Forex simulator: http://www.expertworx.com/pm/Forex%20Market%20Educational%20Game.htm Free Charts http://www.dailyfx.com Blogs http://the-forex-trading.blogspot.com/ http://www.forexpeacearmy.com/ http://begginerslearnforex.blogspot.com/ Bird Watching in Lion Country by Dirk Dutoit
reviewed here: http://www.financial-spread-betting.com/Bird-watching-in-lion-country-review.html

http://www.rapidforex.com/
http://www.traderssecretcode.com…
http://www.1forextrading.com/
http://forexmarketsuccess.com/forex-ebook/

Forex simulator:
http://www.expertworx.com/pm/Forex%20Market%20Educational%20Game.htm

Free Charts
http://www.dailyfx.com

Blogs
http://the-forex-trading.blogspot.com/
http://www.forexpeacearmy.com/
http://begginerslearnforex.blogspot.com/

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