Forex Digest

forex traders

Answers

Obscure FOREX traders are promising get rich quick returns, how legitimate are they?
Ashley Johnson on the FoxyForex.com Set

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?


Hi,
It is not a scam. But than again it all depends, which Forex you're dealing with. I'm investing in Finanzasforex, the link is www.finanzasforex.com/tiara. Already coupple of months and I'm happy with 14% monthly. I also have some experience from before - it has a lot to do with software improvement - same like with pricing strategy - where a company such as GE Lightning uses software which evaluate many relevant factors influencing the change. They guarantee 7% min - but it never went that low in my case -always 14.
G'luck

Forex Training - Pin Bar Forex Trading Strategy


Forex Training - Pin Bar Forex Trading Strategy - www.learntotradethemarket.com

normally how much do forex traders pay in taxes?
Bob Iaccino Being Interviewed by Ashley Johnson

i know every one pays a different amount of capital gains tax. i know that in the U.S. traders usually pay between 20-30% of of their profits. what about forex traders?


Generally the profit would be ordinary gain taxed at your ordinary tax rate which would depend on your taxable income. The rates range from 10% to 35% and is dependent on your filing status.

Where can I find a list of the most successful Forex traders?
Stephanie on the FoxyForex.com Set

Does anyone know where I can get a list of the most successful Forex traders? I would like to see how much they have made and learn about how they trade.


They all hang out on a web site called " Forex Social" but the best of the best have limited contact with the general public, you should do a google search on the company " Forex Ring Leader , they have been around for about 4 or 5 years and have the best trading track record with solid proof!

So if you have time Google these company , Jeff Parks , Forex Social , Forex RingLeader ,

is there is any tax on forex traders in Pakistan?
Ashley Johnson in a Pink Top

I want to know that is there is any Tax on Forex Traders in pakistan(From Govt. Of Pakistan).Plz help!

What are the principle of successful forex traders?
Stephanie on the FoxyForex.com Set

Tell me how to be successful as a forex trader


To become a successful forex trader takes hard work and dedication. You first need to learn as much as you can about the forex market, what are the causes and effects. A great deal of experience is needed to consistently make profits.

The most important principles are money management and discipline. It is not greed that causes our failure as any rational trader should work to maximize their return. The cause of losses are deviating from your system and risking too much on a single trade. We can't be right all the time and we need to be sure when we are wrong we minimize the loss.

Forex Trading News – How to Use it Correctly for Profit

Today, forex trading information is more bumper than ever. There are numerous sources to select from and there all delivered at the click of a mouse, so you can get breaking dirt whenever you desire.

Here we will look at how to use Forex trading intelligence and mistakes to dodge.

First let’s start with a rather frightening the gen:

100 years ago 90% of traders exhausted and today the correlation still remains the same.

This is without thought improved more frequent Forex intelligence, superiority computers, more important software and more facts than ever on the markets.

The certainty is significant the word won’t purloin you win – in truthfully, it conventionally helps traders overcome! There are 3 fundamental reasons for this:

Expos is discounted in a split aid.

In today’s in every way of overnight communications hearsay is discounted intimately, so by the together you have seen it and had a inadvertent to act upon it, the half a second has gone and the store is looking toward the tomorrow.

Gossip is Stories

Those analysts are so convincing with their arguments! Their normally glaring at explaining what has happened - but you can’t business off what they say, as they have no plan what will come about - there wholly stories and opinions.

Will Rodgers once said.

“I only credit what I Study in the papers”

Now he was joking, but its surprising how many traders take what they pick up on the talk as a suggestion to traffic.

Information Gets Your Emotions Intricate

Humans don’t like to be emblematic of alone and the rumour reflects what the bulk thirst to gather but that is entirely personal from what you have to do, to traffic to win.

The majority of traders evade and the volume mind to the rumour, so if you escape it, you can look aside and not let your emotions get Byzantine.

...

Read more...

News

Learn Forex Trading with Forex Strategy HQ

Emailwire - Oct 24, 2009

Learn Forex Trading with Forex Strategy HQ RediffFundamentals - Forex traders employ a plethora of methodologies to assist in predicting which currencies will either gain or depreciate in value. Forex Trading in Turbulent TimesFree guide to trading forexForex versus commodity tradingall 5 news articles »
One that Got Away

Forex Factory - Oct 25, 2009

When reading articles from experienced forex traders trying to teach you something, you normally only hear about how this one was a winner and that one made
Forex Broker Announce Lowest Forex Trading Spread Fees

Free Press Release Center (press release) - Feb 05, 2027

Features such as very low transaction fees, account features and advanced forex prediction tools will enable forex traders to easily manage their account
Currensee Gets $6 Million for Forex Trader Social Network

Digital Media Wire - Oct 20, 2009

Currensee Gets $6 Million for Forex Trader Social Network SYS-CON Media (press release)Boston - Currensee, a Boston-based social network for foreign exchange (forex) traders, on Tuesday announced the beta launch of its service and disclosed a Currensee Forex Social Trading Network LaunchesCurrensee – the Forex Facebook comes out of private BetaFX Trader Social Networking Site Launchedall 13 news articles »
Currensee Launches First Social Network for Forex Traders

Reuters - Oct 20, 2009

Currensee brings trust and transparency to Forex trading collaboration by enabling members of its trader network to see each other's actual trading