What is benefit in invest in FOREX? which web sites are good and safe?

Question

im very new to trading,i need a safe way to invest online with advice

Answer 1

One key benefit i see is that it doesn't matter if the market is rising or falling. Investing in stocks in a falling market (like now!) can be difficult and expensive. However in contrast when one currency falls in value, another rises so there are always opportunities to make money.

I personally am taking the position that the US Dollar will continue to fall throughout this year. As the US economy worsens more and more Sovereign funds will continue to move their money out of US Treasuries and into other currencies and investments. This will cause huge downward pressure on the dollar.

If you need some guidance with your trading then using some trading software can be a grat way to get a helping hand. Many such tools offer a money back guarantee if you are unhappy with them. They essentially analyse huge amounts of market data and identify potential trades for you to consider, saving you much of the leg work.

Take a look at the site below, i got going with this.

Answer 2

Hello,

Forex need time and hard work. You have to complete your homework first. Make you concepts very clear, plan out your strategy, analyze market well then only you can succeed.

Initially you can take help from any forex expert like FINEXO. I have being using this last many years. The account management facility is quite good here. You can even read out forex market tips given by many websites. But dont trust any expert without verifying. Time management and Experience is the key to success here.

Have a good understanding of the function of the market in general and those that keep the market operational. Understand, not only the market you are trading in, put be aware of all the products and services that you can upon if needed. Understand the basics of trading such as never trade against the trend, limit any & all loses by using stop orders and lock in any and all gains with sliding stops,

Answer 3

FOREX is a 24-hour global market (unlike the stock market) where somewhere someone is always hedging against global currencies. Trading starts in Sydney and moves westward as the day progresses. Forex trading involves profiting off the price difference between currency pairs -- like USD / JPY, USD / GBP and so on. It's a dynamic arbitrage game: Risky but very profitable.

Answer 4

http://www.forex-ratings.com/

Answer 5

Download this Free Ebook "Secrets of Forex Trading Ebook"

It's Free. I've just fineshed reading it and also include special report for "lazy forex traders" about how to become forex pros in just few steps.

I recommend this ebook to all my close friends .

Download Page:

http://www.forextracers.com/free-forex-t...

Best Regards,

Answer 6

The web site below has information on over 200 online forex brokers.  The specific link will take you to a page of about a dozen very solid, safe, reputable and regulated oline forex brokerage firms.

Answer 7

Hi,

You might want to check this out:

http://where-to-invest.blogspot.com/sear...

Answer 8

Here's a link for the best site with education for beginners. It's all free and no annoying scams.

www.pfxglobal.com

If you want to join discussions, here's the best forex discussions:

www.forexfactory.com

Answer 9

right now it's great for US investors with the dollar like it is. Why not check out marketstock[dot]net it goes into much more detail for you

Answer 10

Try this--http://jsforex.blogspot.com

Answer 11

being one of the world leaders in forex trading, this is a truly legitimate, reliable and trusted site and for a minimum deposit of $100 only you can get the services of a personal Account Service Manager (ASM) who will teach you all what you need to learn about forex trading.  your ASM is actually an expert forex trader and is tasked to be your mentor, adviser, friend and trading partner which means at your request he will trade along with you until you get familiar with their system.  REgister and download a Free Forex Ebook for a start.

Answer 12

Focus more on fundamentals than technical analysis. Economic news analysis is what moves the markets.

Here is a free site that shows what has happened after economic news releases:

http://www.forexnewspatterns.com