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Saturday, June 7, 2008

FOREX??? The Largest Monies Market

Ever thought of trading in Forex?

These are some of the important things to know...

Never trust what free seminars tell you. They simply quote from text books.

In fact, you pay $$$ for their so-call "make $$$ in X days for just X mins of your day" lessons and trading programs which you can get it FREE!!! (thou you've to set up the trend analysis yourself, which is not difficult at all) from forex websites / trading account.

Nevertheless, one must admit that in order to get started from the basics, illustrations are based on ideal, I repeat.."IDEAL" situations.

YES! Whatever school/books on trend /technical analysis are based on ideal situation, discounting the influence of FUNDAMENTAL analysis.

Even the best currency analysts in the world also make mistakes!!! But why?

Because fundamentals change! Which you will never catch the news from technical analysis!

So! Never trade solely based on technical, you will sure die C**K Standing! YOU GET IT?

So where can you get the latest info on market sentiments/ movers?

Check it out from these websites! (for info only)

http://www.bloomberg.com/index.html?Intro=intro3

http://www.dailyfx.com/

http://www.marketwatch.com/Search/?doctype=806

http://www.global-view.com/forex-trading-tools/morenews.html?

Look out for further updates!

1 comments:

Cash said...

Quite make sense. Good to share. Will return to see your updates!

 
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