stoneman 4:01 Mon Feb 27
Currency trading sites.
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If there is something WHO members know about its trading so what is the best site for a novice like me to join where I can do some currency trading in my spare time?
Something easy to navigate and understand.
I expect some absolute pelters but amongst all of that there might be one or two pieces of wisdom.
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Replies - Newest Posts First ( Show In Chronological Order)
J.Riddle
6:23 Tue Feb 28
Re: Currency trading sites.
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Don't understand all the fuss over bitcoins, nothing wrong with wholecoins.
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The Ghost of Braderz
6:08 Tue Feb 28
Re: Currency trading sites.
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Buy Bitcoin and have a look at it in three years later.
There's your profit.
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Northern Sold
3:25 Tue Feb 28
Re: Currency trading sites.
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My best MATE has set up a few companies training people up trading their own money on the Petroleum Exchanges... rents out a desk in one of the 3 offices he's got ... gives them advice... and charges them rent for the use of a desk etc... money for old rope but at least you are getting a knowledgeable head around to start you off.... that's what I'd do if I had the dollars to have a real dabble.
Oakfutures it's called
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Your mum
3:18 Tue Feb 28
Re: Currency trading sites.
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Remember to tell everyone within earshot you are shorting the fuck out of something, sounds impressive!
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Stubbo
1:31 Tue Feb 28
Re: Currency trading sites.
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Either way you want to learn about Order Flow...again YouTube is your friend. And the financial platform I'm aware of is called Jigsaw.
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Stubbo
1:30 Tue Feb 28
Re: Currency trading sites.
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Why not trade pre-race horses? Or sports in general?
Check out Bet Angel...plenty of videos on YouTube. Basically the same as with trading stocks/currency, but less money needed to get started, only pay commission on wins, and a potentially less sophisticated group of people doing it.
Note...I'm no good at it and haven't found an edge time in yet. But enjoying trying to research it and find a way.
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Willtell
1:22 Tue Feb 28
Re: Currency trading sites.
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There's probably more certainty in currency trading than giving your money to bookies...
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VirginiaHam
1:11 Tue Feb 28
Re: Currency trading sites.
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Can't help thinking that the combination of novice plus spare time = separated from cash very quickly.
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VirginiaHam
1:10 Tue Feb 28
Re: Currency trading sites.
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oanda.com
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Trevor B
12:56 Tue Feb 28
Re: Currency trading sites.
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I think he meant tarding.
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Northern Sold
11:42 Tue Feb 28
Re: Currency trading sites.
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`If there is something WHO members know about its trading`
Ha Ha ha... cracked me up that....
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Trevor B
11:34 Tue Feb 28
Re: Currency trading sites.
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MT4 is a platform know throughout the city as the best way to part pensioners from their savings. It's a sad state of affairs that many unscrupulous currency trading firms target people that can ill afford to speculate.
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neco
11:30 Tue Feb 28
Re: Currency trading sites.
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IG index, using a demo account to start. You can use their MT4 chart or platform to place trades.
Only trade with money you can afford to lose.
Have a scout around babypips.com(start with the school) & forexfactory.com for some education & various systems.
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Darby_
10:18 Tue Feb 28
Re: Currency trading sites.
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Here's my pearl of wisdom, stoneman. Don't invest in things you don't understand.
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Willtell
10:12 Tue Feb 28
Re: Currency trading sites.
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Best by far is UKForex now name changed to OFX. I am always changing up £'s into €'s and get the best rates from them -usually costs under a centime per £1 or if the official rate is 1.18€ to £1 you get 1.174€ for £1...
https://www.ofx.com/en-gb/#
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j.a
5:49 Mon Feb 27
Re: Currency trading sites.
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Did it for about 3 weeks.
First 2 weeks made good money. Used a support/resistance method and it seemed like free money.
However, week 3 came along and my luck ran out. Lost all my capital over about 3 days. I then realised that you can't judge it by how much profit you make at the end of a trading day, or even week.
Overall walked away with a very small profit that was nowhere near worth the time and grief.
Feel like a had a lucky escape.
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Trevor B
4:12 Mon Feb 27
Re: Currency trading sites.
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"Seems like a mugs game but there's got to be a winner for every loser."
Yep, that winner is generally referred to as 'the house'.
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Trevor B
4:12 Mon Feb 27
Re: Currency trading sites.
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Buy high, sell low.
There's nothing that FX companies love more than a novice with money to burn, they will take your eyes out at every level.
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BRANDED
4:08 Mon Feb 27
Re: Currency trading sites.
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Right.
Sorry I can help.
Seems like a mugs game but there's got to be a winner for every loser.
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stoneman
4:06 Mon Feb 27
Re: Currency trading sites.
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Hopefully.
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On The Ball
4:06 Mon Feb 27
Re: Currency trading sites.
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Where's the man on the Yen desk when you need him?
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