I just have a curious question on spread betting the foreign exchange markets or forex and if the best way to trade it is by following the medium-term to long-term trend, i.e. a few weeks to a few months? Is this the best way to trade it as this is what I did with my practice account and gained 426% in 2 weeks? Is this the best way to go about it as I know currencies usually trend long-term? Please help/advise. Thanks.

There is no definite timeframe – some traders trade on a short timeframe, others like me prefer to take advantage of long term trends lasting for weeks/months. What is important is that you have a system and are sufficiently disciplined to stick with it. As for gaining 426% in 2 weeks on your practice account it implies that you are taking very big risks and you would probably trade differently when hard money is on the line…

trading their larrge plots of land and suburban homes to the native americans for their beads?

I thought Mardi Gras was over.

Okay, so, currently I’m 18 and I’ve looked into different possibilities of how I could become a millionaire using the forex market as my vehicle. I have discovered that using 1:100 leverage or even 1:50 – 1:25 is a bad idea if you want to be safe about it, and using a more modest 1:10 leverage instead is best for my chances of success.

What I’ve also discovered is that the forex markets trends last months or even years. So, my plan is as follows:

1) Start with $1,000 in my new forex trading account.

2) Use 1:10 leverage always to reduce a lot of risk.

3) Use a stop-loss of all my trading capital in every trade.

4) Keep the minimum take-profits as long as its more than what my commissions would be.

5) Just follow monthly chart trends, i.e. if the trends gone up for the past year on a yearly chart, and it shows it in a monthly chart that its going up as well, just follow the trend up along with it and keep on going up until I think its going to stop going up by taking advatage of lots of small take profits along the way.

6) Be aware of economic news and reports.

Example:

Say the GBP/USD is trading at £1.0000-$1.5000, and I place a bet to buy GBP/USD at this price at a 1:10 leverage, or $15,000 worth of pounds, (£’s) and I set a take-profit of, say, $15 or 10 pips and a stop-loss of my whole $1,000 and and keep on doing this, taking profits by trend trading and make this same $15/day for the 6 days the FX market is open a week, or $90/week x 52 weeks = $4,680 in 1 year + my original $1,000 = a 568% return for one year.

After I have achieved my 568% for 1 year, reinvest all capital and get another 568% compounded on top of that. So, it works as follows:

year 1) $1,000 up 568% = $5,680

year 2) $5,680 up 568% = $32,262.40

year 3) $32,262.40 up 568% = $183,250.43

year 4) $183,250.43 up 568% = $1,040,862.40 = USD millionaire

year 5) $1,040,862.40 up 568% = $5,912,098.74 = USD multimillionaire and GBP multimillionaire, or £3,829,025.15.

What do you say here like? Could this plan work do you think?

You’re catching a falling knife. Just buy some gold and let it set for 5 years. That or short some bonds because interest rates are going up.

Don’t screw around in currencies… you’ll lose your ass.

Which of the following is a potential problem of utilizing ratio analysis?
OPTIONS ARE:
A) trends and industry averages are historical in nature.
B) financial data may be distorted due to price-level changes.
C) firms within an industry may not use similar accounting methods.
D) all of the above

d)

Which of the following is a potential problem of utilizing ratio analysis?
THE OPTIONS ARE:
A) trends and industry averages are historical in nature.
B) financial data may be distorted due to price-level changes.
C) firms within an industry may not use similar accounting methods.
D) all of the above

D is the answer

Hello,

I have been doing a lot of research and there are dozens and dozens if not hundreds of EA’s for use on MT4, trading FOREX.

But I am unable to find anything on robots for Futures trading. While I look forward to manually trading Futures in the evenings, it would be nice to have something to catch a good trend during pit hours, while I am away at work.

Thanks for any tips or keywords that may assist in a Google search. ; )

I haven’t also come across any automated futures trading system or what you are calling a futures robot. There are many futures contracts that you can trade. Maybe this has to do something with the nature of the futures market. You haven’t mentioned what type of futures contract you want to trade. Infact there are many dozens of futures contracts like stock index futures, crude oil futures, interest rate futures, commodity futures, currency futures and others. Futures markets are a lot different from forex. Futures market is a highly regulated market. You can find both price and volume in the futures market unlike forex where you only have the price action.

I came accross a swing trading strategy that works for forex, stocks and futures. This swing trading strategy takes not more than 10 minutes to trade each day. Many people think that automated trading is the solution or what you call the Holy Grail. Infact there is no holy grail. Successful traders are those who learn to trade manually first. Automated trading systems without knowning how to trade manually do not give good results as market conditions keep on changing and if you have the feel of how the market is changing you can change the setting of the automated trading system. You can only develop the feel of the market by manual trading. First practice and paper trade for one to two months. Only then trade live. Good Luck!

can options premiums be used for understanding market trends? as being too expensive or looking cheap?

Not really.

If there are more call options outstanding that put options then that means the market feels that the trend is upward but if there are more put options than call options outstanding then the market feels that the trend is going to go down.

Option premiums are dependant on how in/out/at-the-money it is currently at.

I m a newbie in forex trading and i would like to know whether there is any way to detect the trends early enough to earn some nice profits.

I dont really think that there is a easy way out in Forex Trading. Forex Education is a must while trading. You can rely on automated trading systems or forex signals but that will not earn "nice profits" for you. It is better that you open a practice trading account and start virtual trading without the real money. Try to read the trend and analyze your trade positions based on the Technical and Fundamental Analysis.

Hope my answer helps you a little. Keep using yahoo answers for more details on forex education you can also surf:

In Twilight, how does Alice predict stock market trends? I understood her abilities enabled her to see the outcome of decisions made by people, such as the birthday presents Bella’s parents got her. I don’t get how this works with the stock market…

oh please go to the MOVIE SECTION.
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I am having problems trying to get rid of my McAfee Antivirus program. When I go to control panel on remove programs. It won’t let me. It just sits idle on the removal process.

Seems to be a bug in computer that I can not get rid of. I tried to install trend micro, but will not let me install it due to McAfee being installed still.

What are my options.

Thanks

http://www.wikihow.com/uninstall-mcafee-security-center