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Old 22-08-2007, 08:53 AM   #11
PrivateMoney
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I always find it interesting when people new to trading decide that FX is the market they are going to "learn" most of them wise up over time and realize there is very little chance they will ever make it as a forex trader. The simple fact of the matter is that all those new traders are the food for the sharks in the forex game. Forex is simply the wild west of trading. There IS NO regulation of brokers, anybody can put up a website call themselves a forex broker and start taking money in.

The whole there is no commission is a joke, what do you think the spread they take from you on each trade is? A commission of course.

What other market do you know of that will "requote" the price of something as soon as you want to buy it?

Or the very nasty practice of increasing the spreads just before market moving news comes out...or stop hunting smaller investors and constantly eaten alive by the big boys hunting down their stops...

Once you cut through all the hype of recent years and get right down to the fact of the matter, the Forex market is the worst market for the small home based investor. You are NOT playing on a level playing field and you do NOT have the resources to ride out the losses that big boys throw at you with the deck stacked in their favor.

If you want to make a living trading and a better return on your investments, learn to trade Futures.. fully regulated, and a completely even playing field due to the centralized exchange system.

Just my two cents worth...
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Old 09-04-2009, 10:56 AM   #12
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Can anyone suggest a good broker for my friend. He wants options
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Old 09-04-2009, 10:59 AM   #13
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A good broker is WSD. They are one of the best around.
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Old 09-04-2009, 11:01 AM   #14
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oops I should have probably provided a link.
[url]http://www.wsd-nz.com/wsdproj1/wsd_new/index.php
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Old 09-04-2009, 03:39 PM   #15
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@jrob195

Why do you ask for a good broker for your friend then answer yourself promoting a good broker, all within 5 minutes?

It wouldn't be an Advertisement would it?
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Old 13-04-2009, 06:59 AM   #16
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betsybee

I want people to comment on WSD and suggest who I should recommend. She want's choice and we can get that here.
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Old 25-06-2009, 04:24 PM   #17
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really forex is so amazing i still learning it and W.S.D is good broker and i test it now .
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Old 17-07-2009, 09:57 AM   #18
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whats likely going to happen if the market is going to run stops on all those traders who bought above the 1.4100 level.
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Old 18-07-2009, 11:34 AM   #19
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i can learn to trade forex on this thread?
there are many of us here who would love to learn all about forex trading.
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Old 03-08-2009, 03:39 AM   #20
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I guess learning how to trade forex is just a matter of doing a lot of researches and reading.
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