Question by William M: What is better out of trading ordinary spot forex or currency options?
I am 18 years old and I am considering trading currencies as a home based business. I’ve had practice with ordinary spot forex and find it okay. I want to know what is better if I was to trade ordinary spot forex or currency options? Which is better, and which has the best chance of you becoming successful and becoming a millionaire out of?
Best answer:
Answer by Yorky
Unless you are a professional you are going to lose your money quick. This is no place for amateur.
Know better? Leave your own answer in the comments!
Technorati Tags: better, Currency, Forex, options, ordinary, spot, Trading
Question by shadowsjc: What is the best site for trading stocks and currency exchange?
I am completely new to the world of trading stocks or currency, but I want to get started. I see ads for all these different websites (ameritrade, etrade, etc.), and I was wondering, which (if any) would be the best for a beginner? I’m not looking to get rich quick, but I would like to start investing my money for the long term.
Also, which if any of these sites offers a way to trade currencies? Ideally, I would become a member of the site with the best combination of both of these (trading stocks and currency).
Thanks
Best answer:
Answer by rgamecock1
There are several sites that you can log on to. Most of these sites have education tools which help you become more knowlegeable of trading. Just a word to the “wise”, you better know what you are doing because really you can lose everything you invested so fast it will make your head swim. So if you do decide to do this, become informed and start small. Most sites require minimum investments. I have seen people make money and I have seen people lose a lot of money. Anyway here are several sites you can visit, trade king, pfgbest, optionshouse, market club. Of course all of these start with www. Good luck to you but really please be careful.
Know better? Leave your own answer in the comments!
Technorati Tags: best, Currency, exchange, site, Stocks, Trading
Question by kaboodle777: Where can I download a simulated FOREX currency trading program?
I would like to do some paper trading of currencies. Anyone know of any good simulated trading platforms?
Best answer:
Answer by Xelam
try this site. maybe it can help. they specialize in web based forex trading platform and their greatest feature is personal service to all their traders, beginner or experienced alike, via live on-on-one help through phone, email or chat. all the best.
Add your own answer in the comments!
Technorati Tags: Currency, download, Forex, program, simulated, Trading
