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March 28th, 2012 
kk 
by Tradingrichmom Question by VISTA: If the dollar loses its position as the worlds trading currency which currency will take over as the new tradi? -ng currency? Best answer: Answer by aka_brian_1040The euro Know better? Leave your own answer in the…. Click Here to Read More
Posted in Forex Discussions 
Tags: Currency, Dollar, loses, Over, Position, take, tradi, trading, World's 
2 Comments »
March 28th, 2012 kk 
Discover How You Can Make Money in the Currency Markets Even If You Know Nothing about Forex – And Much More – 101 World Class Exp Information is power – you know that. But, how do you research the best Currency Trading strategies, without spending too much of your time (and money) on it? The average person earns $ 1100 per week, which equates to $ 27 per hour. Trying to do the research yourself would take you at least 5 hours to come up with the best information, AND you’ll have to do this on a regular basis to come up with the most up to date and current information. There has to be a different way to find the info you want Well, yes there is… we did all the research for you,…. Click Here to Read More
Posted in Forex Books Tags: About, Class, Currency, Discover, Even, Forex, know, Markets, Money, more, much, Nothing, world No Comments »
March 22nd, 2012 kk Question by Teresa: Can you claim losses on Forex currency trading for 2009 tax return?if you are an individual, no other income? How much could you claim? if you can’t claim the whole losses could it be carryon to next future years until Zero. Thanks Best answer: Answer by Bees KneesForeign currency trading is a capital transaction. You can deduct up to $ 3,000 per year in net capital losses. Any excess losses that are not used or are not needed (because your income is below the filing requirement) are carried forward to the following year. If not used up in the following year, it carries over to the next, and so on, and so on, until used up. There is no limit as to the number of…. Click Here to Read More
Posted in Forex Discussions Tags: 2009, claim, Currency, Forex, income, individual, Losses, returnif, trading 1 Comment »
March 21st, 2012 kk Question by afridy: What is the Ruling on Currency Trading (Forex) in islam ? What is the Ruling on Currency Trading (Forex) in Islam ? Thank You for the answers friends, ill choose the best answer also. Best answer: Answer by Not so fastWhatever rakes in the moolah! Give your answer to this question…. Click Here to Read More
March 19th, 2012 kk Question by metal m: what is currency trading (FOREX) and how does it work? any help is appreciated Cheers guys, thank you for taking your time to answer the question, so basically if you dont have at least $ 100,000′s dont even think about FOREX trading? Best answer: Answer by Spock (rhp)if you are considering this, your are either naive or gullible. FOREX is a very sophisticated market in which highly leveraged contracts are traded amongst importers, exporters, banks, hugely moneyed professional traders, and small time speculators. as you’d expect, the small speculator has the least access to information and is thus the most likely to lose his capital. I’d estimate the odds…. Click Here to Read More
March 16th, 2012 kk Question by : Is there free foreign currency trading? I am interested in it since foreign money changing has fascinated me since the age of 11. I am 20 years old now. I have about 7,000 dollars in my savings account that is barely making a dime of interest. How much do the fees usually cost? Best answer: Answer by Richard ENo, everyone who trades currencies does it as an occupation, not for free. Just like no one will fix your plumbing or fix a flat tire for free. Commissions vary rather a lot. Here in Miami, the downtown exchanges charge less than half what Deek Pereira does at the airport. What do you think? Answer…. Click Here to Read More
March 15th, 2012 kk Question by Dónde Están: When you profit from trading currency, who gets gypped? Say you buy some Euros and later the exchange rate goes up. You sell the Euros and make some money. Where does the profit come from? Best answer: Answer by RabbitIt isn’t poker, it isn’t a “zero sum game”. There are not necessarily losers, except for traders who don’t know what they are doing. Person A buys Euros. Person B wants to buy Euros and Person A at the same point wants to sell Euros. As long as the bid and ask match on any transaction there is no cheating, no theft, no one got “gypped”. Some people trade such futures and others are there for their business needs. A bank or business has…. Click Here to Read More
March 15th, 2012 kk 
Managing Foreign Exchange Risk: How to Identify and Manage Currency Exposure (Risk Management) The definitive, practical guide to sound currency risk management. List Price: $ 65.00 Price: $…. Click Here to Read More
Posted in Forex Books Tags: Currency, exchange, Exposure, foreign, Identify, Manage, Management, Managing, Risk 1 Comment »
March 14th, 2012 kk 
by Thomas Hawk Question by rakjune: i am trying to start trading currency in the forex market can any one give advice about trading can i make an? Best answer: Answer by Burt Whitleyhttp://www.forex.com/learn.html Link will answer many questions and answers you should know. I have 3 accounts (never put all your money/eggs in one account/basket). You can start with $ 500 when you can afford to open account. Since you are just starting you will lose money if you don’t learn the basics, first. #1 best tip, don’t trade your real money until you try trading demo account. When you can trade a demo for about 2-3months daily and make money then if you feel ready slowly start trading real…. Click Here to Read More
Posted in Forex Discussions Tags: About, advice, Currency, Forex, give, market, start, trading, trying 5 Comments » March 13th, 2012 kk 
by Tradingrichmom Question by Fred R: which is more difficult to do and less of risk, stocks or currency trading? my friend went to a 1 hour workshop to learn this, was he scammed on to believe that its so easy to do this? Best answer: Answer by InspectorBudgetCurrency trading is extremely risky. Far more risky than stocks. The main reason is that all currency trades use leverage – like options, where a small amount controls a big amount. So you can make many times your investment – or lose many times your investment. I strongly suggest that you do not consider currency trading. You can go totally bankrupt within a few days if the trend is strongly against you. You can also use…. Click Here to Read More
Posted in Forex Discussions Tags: Currency, difficult, less, more, Risk, stocks, trading 2 Comments »
March 10th, 2012 kk Question by : What is the diffeernce between currency future trading and Forex spot trading? Best answer: Answer by cactusgeneThey are basically the same, but in spot trading you are buying the currency for immediate delivery and in a futures trading you contract for delivery of the currency down the road, say in April, June, December or whatever. What you don’t know is how much conditions between now and the close-out of the contract can change and the price you contracted to pay may be much too high or if you get lucky and it all goes your way. This is a risky business. I have been at it for several years without making any real money in it. That is a business better left to…. Click Here to Read More
Posted in Forex Discussions Tags: between, Currency, diffeernce, Forex, future, Spot, trading 2 Comments » March 9th, 2012 kk Question by Ace: Forex Currency Trading – Which Of The Forex Currencies Have Been Strongest In The Past 1 Year? In terms of gains. Best answer: Answer by SS FinUSD, JPY, CHF and EUR have been the strongest currencies in the past 1 year while GBP, CAD, AUD & NZD have weakened a bit. Overall, JPY & USD are the strongest in terms of absolute gains. From a trading viewpoint, I’ve seen a lot of ‘scalping’, given the volatility of currencies & the forex markets. Specially with the USD rallying against the EUR & GBP, it’s given some very interesting trends to take profit pips. Give your answer to this question…. Click Here to Read More
Posted in Forex Discussions Tags: been, Currencies, Currency, Forex, Past, Strongest, trading, Year No Comments » 
