November 4, 2010 8:50 am
Just wondering if this site provides ideas/tips on FOREX trading.
I am registered with iForex last week and want to make most of forex trading.
Any help would be appreciated.
I suggest you to trade in demo account first. That will give you idea of volatality of this market. You can make lacs in a day or forget lacs also. You need to learn technical analysis first. Indicators like Ichimoku, Donchian Channel, Keltner Channels, Parabolic SAR will help you.
Forex Trading for common person is like Artificial Intelligence or Robotics enginerring for a farmer from Bhuj , Gujarat ! . He might try it and succeed also but it would be more of luck or chance .
Forex trading is more risky than Day trading.
Don’t follow any tips blindly, take your own decision.
Its just gimmick to attract investors.
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