Forex Questions

nomethinks asked:


How can one trade forex in a manner that least resembles gambling– over what period of time can one see some logic to a forex trade?

Who are the main players that govern the price levels of currency and what effects do individual traders have?

how do hedge funds trade currencies?

Does technical analysis really work? The idea of of using tech analysis seems so silly–what is the theory behind it?

Any additional information you may have, I’d really appreciate.

papadeisabella asked:


Forex Traders promise high monthly returns and “stop-loss” provisions which suggest that you would never lose all of your money. On the other hand they talk about leverage which suggest that they will always have more to invest than they actually have and therefore all losses will be recovered. I have never heard of high returns and no risk, but this is what the so-called Forex traders are advocating. Is this some kind of scam?

Jesse R asked:


Is there anyway to trade the forex market without any indicators. I have used all indicators, and they have brought my total disappointment, even with money management.Please help!

soul asked:


I have been studying and practicing forex for a while and am thinking of buying this software as I have seen rave reviews about this product.As I am a newbie to forex this systems sounds simple and easy to use but i do not know if it actually works.Has anyone here uses it and does it work.Thanks your comments are much appreciated.

Marcus asked:


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?

Elshadai asked:


As a novice what does it require to know about forex before you begin trading.

Pat asked:


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.

RICHARD J asked:


I have designed a system for analysing and predicting the movements, under certain condictions, of forex prices of various currency pairs.

The programmer who was writing this program for me has totally let me down, after receiving a large part of the payment for this job.

I need a programmer who is very experienced in writing programs to interface with real-time forex price feeds.

hunterz asked:


Apart from having a good strategy and money for initial setup, what do i need to have before i could set up an online company in Singapore and sell forex trading alerts to customers?
Any licences? Qualifications?
Cheers!

TBoy asked:


I love forex but don’t have the time for reading charts or news trading. If you can recommend reliable forex services where I can invest for a certain % returns, I wld be glad.