Question by : To trade in the Forex Market professionally do you need to be registered with the NFA?
I have different sources tell me yes and no. I know a lot of new bylaws have been passed to govern the Forex market and the people who trade in it. But for the ordinary person that trades for forex for friends and family do you need to be registered? Are IB and Money Managers the same thing?
Best answer:
Answer by rubye Hi,
Different countries have different laws.
Generally speaking, if you’re just trading for your friends and relatives, you probably don’t need to be registered.
However, if you’re looking to trade professionally (on behalf with clients), then it’s a more complicated matter.
If you are looking for the best forex software, visit this site
Question by dima: which is the best forex trading platform i can use and where can i get a good free downloadable forex tutorial?
Best answer:
Answer by Ver W I think the http://www.makfx.com/en is the best forex broker ,you open an free account and then you can get $ 5 cash reward without any fund deposit .You can also chat in the platform with other traders ,so you can learn more from it .i just trade at it for 2 years ,use the 5$ the reward me ,now i accumulated it to $ 2252.
You can get some thing about turorial at http://www.forexfactory.com
Image by Ed Yourdon
Note: with rare exceptions, I don’t know the names of any of the individuals photographed in this set. If you know of them, please feel free to add a "tag" on the Flickr page; or if you know anyone who attended Pop!Tech this year, please tell them where they can find the Flickr set, so they can see whether they’re included among all the photos…
For approximately the sixth time since 2001, I attended the annual Pop!Tech conference in Camden, Maine; it’s always held in October, and this year, it took place on Oct 22-24. People often ask me what Pop!Tech is all about, and the simple answer is that it deals with the interaction between technology and society — most often in the form of lectures and presentations about the innovative ways that people around the world are using today’s technology to make a positive impact on a wide range of social problems. But rather than depending on my summary of what it’s all about, I recommend that you visit the Pop!Tech web site for more information.
Unlike previous years, I photographed almost every Powerpoint slide presented by each of the speakers throughout the conference. Combined with the photos that I took of conference attendees, that resulted in some 600 images on the first day — which I whittled down to 450 on this Flickr set, but that’s an overwhelming collection for anyone to look at.
For the second and third day of the conference, I decided to separate the photos of attendees from the straightforward photos of speakers and their Powerpoint slides; the speaker/presentation slides from the second and third day of the conference will appear in separate Flickr sets. This set contains about 50 images of attendees from the final day of the conference, and it will give you a good sense of the kind of people who invest their time and money to trek all the way to Camden, Maine to sit on uncomfortable seats for three days indulging in a sensory overload of materials from dozens of impassioned speakers. The attendees are from all over the U.S., and from several other countries too; they include both young and old; men and women; students and professors; academics and practitioners.
Aside from the energy, enthusiasm, and commitment to social change (with or without technology), the other thing that is obviously shared among all of these attendees is the gadgetry they use to stay in touch with the world. You’ll see a predominance of Mac laptops in these photos; and you’ll also see a lot of iPhones and other "smart phones." Keep in mind that people were not chatting on their phones during these presentations; instead, they were using their smart-phones to email, Twitter, chat, and browse the Web.
A couple of technical notes: I used a Nikon D700 for all of these photos, mostly with a 70-300mm zoom lens. I sat in the balcony section of the Camden Opera House, where the conference took place, so I was primarily photographing other people in the balcony section. An equally large number of attendees were seated on the main floor of the building, but I didn’t see much point in photographing the tops of their heads. Because I could increase the ISO setting on the camera all the way up to 6400, I was able to get reasonably good images without a flash. The lights were turned on while I was photographing, but it was fairly dim in some areas; I did my best to compensate with an appropriate "white balance" setting on the camera.
www.4xlearning.com In this video we are going to talk about “PIP”… A “pip” is the smallest measurement for a currency rate, and it is usually the 4th decimal for all major pairs except for JPY, which uses the 2nd decimal… For example, if the exchange rate for USDCAD moved from 0.9800 to 0.9802, it means that the rate moved up 2 “pips”.
Question by anoy21: can i use Paypal as forex medium?
i noticed PayPal has a Currency Converter. is it OK if i use it as a Forex medium? i just dont have the time to do online trading.
what are the pros and cons?
Best answer:
Answer by First Place Turtle That’s interesting. I haven’t heard of using Paypal as a way to “trade forex”. There’s probably a good reason why it’s not popular, likely because of two things (which you should look into):
1. Paypal probably charges higher transaction fees than the commission charged by forex brokers.
2. Paypal might not offer competitive exchange rates. In other words, they might have a higher spread (difference between bid and ask) than most forex brokers.
Bottom line…I suspect Paypal is not a viable option to trade forex because it’s too expensive in terms of transaction costs.
Know better? Leave your own answer in the comments!
FOREX-Dollar bounces back after US manufacturing surprise
Chartists say if the payroll data helps the dollar to end the week above 80.42, the cloud top on weekly Ichimoku charts, that could indicate its fall below that major chart level was a false alarm, putting the dollar on course for a further recovery. Read more on Reuters
Learn to Trade Forex – www.LearnToTradeTheMarket.com
Plotting China's course on trade and forex
By Hu Shuli and Zhu Changzheng BEIJING ( Caixin Online ) — Exchange rate reform, trade surpluses, market access and trade frictions have been among the hottest topics surrounding discussion of China's foreign trade development. Read more on MarketWatch
Question by : What are the tips and techniques for Forex trading?
Hi, anyone can give me an advice about tips and techniques of Forex trading.
Best answer:
Answer by InspectorBudget The best advice I can give you is not to try it; unless and until you have a good understanding of how the market works. Go and borrow books on the subject, and search the internet for tutorials.
The vast majority of inexperienced, amateur forex traders lose money; most of them lose everything they have and eventually exit the field upset, angry, disillusioned, and broke.
Consider this – you are “betting” against seasoned professionals who know everything about risk analysis and management. They are equipped with high speed computers located close to the trading floor, in every country whose currency they trade. They have tens of millions of dollars ready to short or long a currency and trigger margin calls and stop limits.
Most of all, they have more timely information than you – they get their news before you do, and by the time you hear about it, the currency has turned solidly against you.
This is why, among many other reasons, the odds are against you. you could make here & there, but not consistently, and not often, and not big. But you can lose big, and often.
Question by Pat: How do forex options affect forex market?
Anybody can tell me how forex options affect forex market? Do they actually affect the market only when they are exercised? Does an exercise of a forex option occur at the same time as a sell-off of the option? (My understanding is that when an option expires, you have to exercise it then sell it to make profit)
OK, for more clarification, my understanding is that, when an option is exercised, you open a position at the stated price. But I don’t know if the opened position has to be closed immediately. Correct me if I am wrong.
Best answer:
Answer by Kiker Typically, what happens is you will be given the difference between the strike price and the current market price, as clearly the Writer of the Option cannot physically deliver a curreny pair at an older, lesser price than the market. So they owe to indemnify you, or place in you in a financial position similar to that as if you have the currency pair at the current market value.
Now as for option contracts, YOU DO NOT need to exercise them if they are about to expire. That would make no sense, as if they are ‘out-the-money’ you would lose money. A contract can expire, leaving you out the contract’s premium.
Question by : where update information about forex news in USA?
I need who can help me find where update news forex as : website,place…in California,US.Please help me.Thanks
Best answer:
Answer by peaceandlove There are lots of sites where you can find latest news on forex, I suggest to visit the site http://www.appliedfx.com/category/news which contains some nice information specially for newbies.
Question by : What are the major forex market trading hours?
Best answer:
Answer by Kathleen Garcia Hi Carla! Forex trading hours are based on when trading is open in each participating country.
New York – 8am to 5pm EST
Tokyo – 7pm to 4am EST
Sydney – 5pm to 2am EST
Know better? Leave your own answer in the comments!
FXPRIMUS Offers New Online Funding Option to Support its Forex Traders in 205 …
… conveniently so that they can then trade Forex, Oils, Gold and Silver, Commodities and Major Indexes anytime, anywhere, using our award-winning MT4 trading platform or from any web browser and all popular smartphones; under a single account login. Read more on MarketWatch (press release)
A Basic Guide to FX Trading With City Index Australia
The sheer size of the FX market makes it the most liquid and accessible in the global financial markets. There are many benefits and advantages to trading forex CFDs with City Index Australia. Here are just a few reasons why so many of our clients are … Read more on MarketWatch (press release)