Forex Trading - GoFuckYourself.com

Barefootsies · 10-24-2010, 09:58 PM

Your experience?

Good, bad, lost ye arse?

stocktrader23 · 10-24-2010, 10:04 PM

Go to www.oanda.com

The margin maxes out at 50:1 instead of the normal 200:1 or crazy ass 400:1 BUT you can trade as little as 1 unit. A real mini forex requires 10,000 per contract.

This lets you play in the real market with pennies, 1 unit usually takes a fraction of a cent to pennies to buy, depending on the pair.

There is a forum there if you want to learn more from beginner all the way up to pro.

The only way to get the hang of it is to dive in and see how things work. This will allow you to do so without risking $5000.

drx · 10-24-2010, 10:08 PM

Goooooood

woj · 10-24-2010, 10:10 PM

just as fun as playing roulette at a casino, and if you are lucky just as profitable

stocktrader23 · 10-24-2010, 10:12 PM

I've got one fun strategy I use (non significant amounts of money) that seems to do great long term. If you end up with Oanda yell at me and I'll explain it.

PornMD · 10-24-2010, 10:17 PM

Quote:

Originally Posted by stocktrader23

Go to www.oanda.com

The margin maxes out at 50:1 instead of the normal 200:1 or crazy ass 400:1 BUT you can trade as little as 1 unit. A real mini forex requires 10,000 per contract.

This lets you play in the real market with pennies, 1 unit usually takes a fraction of a cent to pennies to buy, depending on the pair.

There is a forum there if you want to learn more from beginner all the way up to pro.

The only way to get the hang of it is to dive in and see how things work. This will allow you to do so without risking $5000.

I would second oanda.com...if I ever were to get into forex myself, that'd be where I'd do it just from looking around, plus my dad and bro have at times gotten into it and they had good experiences there.

That aside, I've had and sold nice forex domains so I like forex even though I've never traded in it, lol.

Barefootsies · 10-24-2010, 10:24 PM

Good feedback.

I have been doing some reading on it, and thought it may be interesting to play with. I noticed some commercials tonight on the t.v. talking about some practice program you can use to learn.

stocktrader23 · 10-24-2010, 10:26 PM

Quote:

Originally Posted by Barefootsies

Good feedback.

I have been doing some reading on it, and thought it may be interesting to play with. I noticed some commercials tonight on the t.v. talking about some practice program you can use to learn.

Oanda has that as well, just uses past data from real markets so it's 'legit'.

SeizeTheDomain · 10-24-2010, 10:32 PM

#1. Read: BabyPips.com

#2. Forex Broker: MigFX.ch

#3. Develop your own strategy on the demos, remember that the house is betting against you, and be prepared to lose money sometimes. The key is to accept that.

#4. IMHO, your a fish swimming among the sharks that cause the market to move in a certain direction. Do not go against the trend.

#5. Never trade in the first 45 minutes of market news coming out.

Good luck!

TylerBang · 10-24-2010, 11:07 PM

Quote:

Originally Posted by SeizeTheDomain

#1. Read: BabyPips.com

#2. Forex Broker: MigFX.ch

#3. Develop your own strategy on the demos, remember that the house is betting against you, and be prepared to lose money sometimes. The key is to accept that.

#4. IMHO, your a fish swimming among the sharks that cause the market to move in a certain direction. Do not go against the trend.

#5. Never trade in the first 45 minutes of market news coming out.

Good luck!

I Do alright as well.

1. Good advice.

2. Find a broker that has no dealing desk. NDD / STP. I passed on MIG for that and other reasons.

3. See #2. I have a pattern based hedging strategy, but last years NSA "no hedging" rule forced me overseas... and now the Frank/Dodd financial reform shit has put an end to that account as well. I don't use Oanda because they didn't offer Metatrader.

"be prepared to lose money sometimes. The key is to accept that."

and

"Do not go against the trend."

Excellent advice here!

SeizeTheDomain · 10-24-2010, 11:26 PM

Quote:

Originally Posted by TylerBang

2. Find a broker that has no dealing desk. NDD / STP. I passed on MIG for that and other reasons.

Excellent advice here!

Get to know the ins/outs of the FOREX brokers. This is why with MIG I dont ever set my STOP LOSS with them.

Davy · 10-24-2010, 11:38 PM

I tried it out. The first day I made $800. The three days after that I lost $3000.
It is pretty much random and it's not worth the stomach ache. Also, big corporations use software to skim money from it. It is not a game to be played by smaller guys.

Maxi · 10-25-2010, 12:39 AM

It's not easy money.

xato · 10-25-2010, 12:57 AM

Thats my recent performance:
http://www.myfxbook.com/members/fsm247/triple-xxx/54635

I know its not even 2 months, but I traded this strategy on a different broker before, so I can not put results on MyFxbook.
If you are interested let me know.
I have been trading forex for over 3 years now and only recently started seeing the light.

Also I can recommend Oanda (this account is now being traded on Oanda - FXManager) and Babypips. Good read if you really want to get into Forex trading.

That being said, it is definitely not easy money, not riskfree and not a get rich quick scheme. But if you know what you are doing, the sky is the limit.

stocktrader23 · 10-25-2010, 01:11 AM

Quote:

Originally Posted by xato

Thats my recent performance:
http://www.myfxbook.com/members/fsm247/triple-xxx/54635

I know its not even 2 months, but I traded this strategy on a different broker before, so I can not put results on MyFxbook.
If you are interested let me know.
I have been trading forex for over 3 years now and only recently started seeing the light.

Also I can recommend Oanda (this account is now being traded on Oanda - FXManager) and Babypips. Good read if you really want to get into Forex trading.

That being said, it is definitely not easy money, not riskfree and not a get rich quick scheme. But if you know what you are doing, the sky is the limit.

Amount is insignificant so did not make me rich. My last big trade I went long on Euro / USD right before the meltdown and fucking forgot about it. I logged back in 1.5 years later to a big ass surprise.

HBKKH · 10-25-2010, 02:39 AM

I have a few forex affiliate sites I created a while back. I need to work on them a bit more. LATAM forex market is growing fast.

SomeCreep · 10-25-2010, 05:47 AM

Quote:

Originally Posted by Barefootsies

Your experience?

Good, bad, lost ye arse?

It's great if you know what you're doing. Trading Forex is complex though, more so than stocks. Many more factors affect the price of currencies, than stocks.

frankie_gunn · 10-25-2010, 06:08 AM

Like everything in life, Forex trading is simple. All you need to do is to anticipate a new trend, up or down. And here's how:

http://www.forex.com/uk/short_term_trends.html

Barefootsies · 10-25-2010, 06:46 AM

Quote:

Originally Posted by Davy

I tried it out. The first day I made $800. The three days after that I lost $3000.
It is pretty much random and it's not worth the stomach ache. Also, big corporations use software to skim money from it. It is not a game to be played by smaller guys.

Outstanding story.

marketsmart · 10-25-2010, 06:48 AM

i made a decent amount of money trading until they changed some of the rules and then i got out.

if you are trying to make it a full time job, it can be very stressful....

.

goodspirit · 10-25-2010, 08:22 AM

I'm working on some expert advisors at the moment (forex robots)... this could be a good starting point if you have no idea about EA-s...

http://www.expertadvisorforex.net/

and about the strategy... I was searching a lot and reading a lot and (IMO) this is my choice:

http://www.fxtradingstrategy.com/

10-24-2010, 10:24 PM	#7
Barefootsies Choice is an Illusion Industry Role: Join Date: Feb 2005 Location: Land of Obama Posts: 42,635	Good feedback. I have been doing some reading on it, and thought it may be interesting to play with. I noticed some commercials tonight on the t.v. talking about some practice program you can use to learn. __________________ Should You Email Your Members? Link1 \| Link2 \| Link3 Enough Said. "Would you rather live like a king for a year or like a prince forever?"

10-24-2010, 10:32 PM	#9
SeizeTheDomain Confirmed User Join Date: Aug 2008 Location: FL and CA Posts: 753	#1. Read: BabyPips.com #2. Forex Broker: MigFX.ch #3. Develop your own strategy on the demos, remember that the house is betting against you, and be prepared to lose money sometimes. The key is to accept that. #4. IMHO, your a fish swimming among the sharks that cause the market to move in a certain direction. Do not go against the trend. #5. Never trade in the first 45 minutes of market news coming out. Good luck! __________________ -- 0% Financing Available -- No Credit Applications -- No Credit Checks -- 1 Year Domain Trade In Policy -- Alex Richards - ICQ #445801946 - sales @ seizethedomain . com S6X.it/Adult URL Shortener l 24/7 Internet Radio l Hosting and IT l 2011 XBIZla Photos l NALEM

10-24-2010, 11:38 PM	#12
Davy Confirmed User Industry Role: Join Date: Apr 2006 Location: Germany Posts: 4,323	I tried it out. The first day I made $800. The three days after that I lost $3000. It is pretty much random and it's not worth the stomach ache. Also, big corporations use software to skim money from it. It is not a game to be played by smaller guys. __________________ --- ICQ 14-76-98 <-- I don't use this at all

10-25-2010, 12:57 AM	#14
xato Confirmed User Join Date: Mar 2003 Posts: 1,205	Thats my recent performance: http://www.myfxbook.com/members/fsm247/triple-xxx/54635 I know its not even 2 months, but I traded this strategy on a different broker before, so I can not put results on MyFxbook. If you are interested let me know. I have been trading forex for over 3 years now and only recently started seeing the light. Also I can recommend Oanda (this account is now being traded on Oanda - FXManager) and Babypips. Good read if you really want to get into Forex trading. That being said, it is definitely not easy money, not riskfree and not a get rich quick scheme. But if you know what you are doing, the sky is the limit. __________________ Bad Lamborghini Crash

10-25-2010, 02:39 AM	#16
HBKKH Confirmed User Join Date: Jan 2008 Posts: 1,013	I have a few forex affiliate sites I created a while back. I need to work on them a bit more. LATAM forex market is growing fast. __________________ Seo and content marketing

10-24-2010, 09:58 PM	#1
Barefootsies Choice is an Illusion Industry Role: Join Date: Feb 2005 Location: Land of Obama Posts: 42,635	Forex Trading Your experience? Good, bad, lost ye arse? __________________ Should You Email Your Members? Link1 \| Link2 \| Link3 Enough Said. "Would you rather live like a king for a year or like a prince forever?"

10-24-2010, 10:04 PM	#2
stocktrader23 Let's do some business. Industry Role: Join Date: Jan 2003 Location: The dirty south. Posts: 18,781	Go to www.oanda.com The margin maxes out at 50:1 instead of the normal 200:1 or crazy ass 400:1 BUT you can trade as little as 1 unit. A real mini forex requires 10,000 per contract. This lets you play in the real market with pennies, 1 unit usually takes a fraction of a cent to pennies to buy, depending on the pair. There is a forum there if you want to learn more from beginner all the way up to pro. The only way to get the hang of it is to dive in and see how things work. This will allow you to do so without risking $5000. __________________ Hands Free Adult - Join Once, Earn For Life "I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be."

10-24-2010, 10:08 PM	#3
drx Confirmed User Join Date: May 2007 Posts: 416	Goooooood __________________ http://www.hentaisexonline.com Hentai Sex Online http://www.hentaisexonline.com/LinkEX/

10-24-2010, 10:10 PM	#4
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	just as fun as playing roulette at a casino, and if you are lucky just as profitable __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

10-24-2010, 10:12 PM	#5
stocktrader23 Let's do some business. Industry Role: Join Date: Jan 2003 Location: The dirty south. Posts: 18,781	I've got one fun strategy I use (non significant amounts of money) that seems to do great long term. If you end up with Oanda yell at me and I'll explain it. __________________ Hands Free Adult - Join Once, Earn For Life "I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be."

10-25-2010, 12:39 AM	#13
Maxi Registered User Join Date: May 2002 Posts: 233	It's not easy money.

10-25-2010, 06:08 AM	#18
frankie_gunn Confirmed User Join Date: Feb 2009 Posts: 270	Like everything in life, Forex trading is simple. All you need to do is to anticipate a new trend, up or down. And here's how: http://www.forex.com/uk/short_term_trends.html

10-25-2010, 06:48 AM	#20
marketsmart HOMICIDAL TROLL KILLER Industry Role: Join Date: Dec 2004 Location: Sunnybrook Institution for the Criminally Insane Posts: 20,419	i made a decent amount of money trading until they changed some of the rules and then i got out. if you are trying to make it a full time job, it can be very stressful.... .

10-25-2010, 08:22 AM	#21
goodspirit Confirmed User Join Date: Dec 2007 Location: Around... Posts: 181	I'm working on some expert advisors at the moment (forex robots)... this could be a good starting point if you have no idea about EA-s... http://www.expertadvisorforex.net/ and about the strategy... I was searching a lot and reading a lot and (IMO) this is my choice: http://www.fxtradingstrategy.com/ __________________ Need some high quality design?!...PM me! ICQ:203090715 \|\| Thunder-Ball.net - Member \|\| Mainstream Design Portfolio