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tsafi

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tsafi

Re: thinkbig post# 7651

Tuesday, 07/24/2007 9:16:47 AM

Tuesday, July 24, 2007 9:16:47 AM

Post# of 15261
First there is a lot of info over the web.
if you want to start trade commodities and Forex you must start with the DEMO account (its on real time )
This is not stocks, don’t put real money at the beginning practice at least 3 months ,also the trading platform is not like stocks.
You need to reserve at less $20000 dollar for FOREX ($5-$10 pips) and $50000 for commodities (that’s the minimum and its not a lot less then that it will be difficult for you to play.)
Trading this 2 market can make a huge profit if you know what you are doing using stop loss atc` (most of my profits come from this 2 market and not from trading stocks)
If you don’t have the funding don’t go there .also TA is very imported to understand I trade on the FOREX a lot base on TA only
Ill give you example on the FOREX I use $500 for a pips the average pips range if you take USD vs EUR can be on a swingy day 30-50 c that will give you 30x500 its about $15000 and you can go against it down or up but you can have a contract on $5 but that’s will give you 30x5 $150 profit it’s a hard game and you need money to play but sometime you can make 30c range in 5 min`and you are done trading for the day thats the nice thing a bout it also FOREX market is 24 hours a day and there is no pumpers around (:
Again if you don’t have the funding don’t go there
You can use this links for a demo account.
Forex
http://www.fxstreet.com/brokers/demo-account/

http://www.globalforex.com/trading.htm

commodities

http://www.xpresstrade.com/

http://www.farrdirect.com/

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