Forex Option Trading Knowledge Base
What is the minimum capital needed for forex, options and futures trading ? Free and recommended simulators ? Hello guys, I'm interested in learning more about forex, options and futures trading. I heard that there are mini or micro account that can go as little as US$ 200 or 300 dollar. Is it true ? Also, any recommendations for free forex, options and futures trading simulators ? I know that some websites provide this service but usually the virtual capital is too high (10K or up), and I want to set the initial capital to small amount like US$ 300 or 500. If possible, is there any recommendations for courses/books ? I'm not aiming for those "fancy" amount of income, several thousand/month is OK. Of course I'm not looking for courses that cost hundreds or thousands of dollars... Thanks for the input. I agree that it's a bit too much to expect thousands of returns for such a small amount of capital. But, if I expect my capital which is around 300 or 500 to be doubled by around 1-2 month. Doesn't is sound possible ???? My plan is actually something like this : The capital will be 300 or 500. The goal is to double the capital by around 1 - 2 mounth(s). When I have more money, I will buy more lots... To make it safer, every time I manage to double the previous capital, I will do one more time before I plan to use more capital to trade. It will be something like this (US$500 capital) : 500 - 1000 - 1000 (don't use for trading) - 2000 - 2000(don't use for trading) - 4000 and so on ... Now the problem is to find the system that are able to do this... Any recommendations ? I personally distrust systems that cost hundreds or thousands or dollars. There are simply too many scams...
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?
wht is option trading? i from kerala i want to know about forex and option trading if anybody know let me know...expecting details in malayalam would be appreciated
What's with the sudden explosion in forex trading? It seems to me I can't visit a finance related site without seeing something about forex trading to the point that I see ads for $250 "mini accounts." It seems to me that trading currencies is exceedingly risky and only for the very sophisticated investor. I trade in options but I moved into that from equity investing. At least in that area I can still look at fundamental corporate performance and detailed economic forecasts to research my options activity. In the world of currencies, however, no such audited, published information exists. While I am sure there are huge amounts of money to be made, it seems as though the average investor has less chance of being successful in the long term with forex than even options trading. Are people just being drawn in to forex like all the late night "Flip this house" infomercials?
Can someone help with Forex trading? I am looking for a mentor to help me out with Forex Trading. I mentor others in stock and option investments and am curious about forex but need some help to learn. PLEASE DO NOT reply with trading robots, I will report you as spam!!!! I am tired of the ads on here and am looking for legitimate help with transactions and charting. Anyone willing to help a fellow trader?
Does Non-US citizens have to pay taxes in United states for Capital gains from Trading options ,forex &Futures? Hello, 1. I am NOT US citizen or Green card Holder 2.I HAVE NOT Lived in United States for 182 or more days in a particular year. 3.I am Indian citizen and Resident But, I am trading Options, Futures , forex in US markets using US brokerages.Also, I signed the W-8BEN form with the Brokerage. Do I need to pay taxes for my capital gains from trading futures ,options ( NOT INTEREST EARNING SECURITIES like bonds or dividends ) to the IRS , united states??? I am NOT talking about paying tax in my Home country.I know, I need to pay tax in India. But, Do I need to pay taxes in United states??? Thank you.
whats less risky options trading or forex trading 100:1? hi im 19 and took some loses in forex recently and im fed up with the 50% moves against me way too risky. and the stupid thing is i was compltetly right! i am a stock trend follower and so the eur was in a negative trend and instead of just letting my profits run i had to get all stupid and buy instead trying to predict a bottom I AM AN IDIOT for this i dont know why forex is sooo much different than stocks i think i could do it but i need more practice or something. but options i have better luck with because its following what a stocks going to do and im good with stocks. whats more risky though?
Forex , Option, and Commodity? are they the same or different? I'm confuse. i want to start trading but not sure what the differents between Forex , Option, and Commodity? whats is less risker but higher returns? thanks for all your answers. I really like this Q&A in yahoo. so many smart people here and its great to have there ideas on things.
Option Trading? I really like to play stock, day strade, swing trade, long short, you name it. But what is options? I heard that the risk is so much grater than stock. Also can you earn money by predicting which stock will go up or go down ? Is this option? Does option trading similar to FOREX? Sorry, does this means I have to specipy if stock a gonna go down to lets say from $ 9.45 to $ 7.30 SPECIFICALLY. If this is so. It is mighty difficult. I know a lot of stock prices that is for sure to PLUMMET however to say i have to give a SPECIFIC price ? that is almost impossible ?
In your opinion what is a better way to trade currencies for a living; spot-forex or currency options? Also...? I am 18 years old and I have been practicing spot-forex trading for several months now with FX Club and I am quite good at it and have learned a lot about currency trading from my demo account and some books and internet article sites on currency & options trading. Its become my passion actually. I also know something that actually is a secret to FX trading success; the trends are usually long term, lasting from several months to several years meaning you are best to trade for the long term on currency pairs to enjoy the ride of making money. You can't do this with spot-FX because you are trading on margin and if a trading position is left open too long, you will be wiped out within so long. What I would like to know is if currency options trading is a good way to trade currency by simple vanilla call & put options as I know that spot-FX is essentially a mugs game? Also is there anybody out there who trades currency options for a living at all? Also, what is an easy to use currency options trading brokerage that can be used by a UK based investor? Please help advise. Thanks. P.S. Sorry my question is too long.
Is anyone using or have used the "Russell Sands Turtle Trading"? A lot of talk has been back and forth about this interesting trading system, some say "Bad" others, "it's true" or "Scam". I would like to hear from those that are actually trading this thing, in particular, the "Russell Sands Turtle Trading" Forex- currencies and followed the exact plan. I personally have no experience in trading Forex (currencies) but have traded options for some years. Since our economy is soooo... "beautifull", I am looking in other ways of making a living. Again, only persons that have used or are currently using this system. Much appreciated.
where can I see forex options quotes? Ive been looking everywhere for this. i need a free (hopefully) website that has quotes for forex option chains like EUR/USD 1.40 Jan call anyone know any sources? also, anyone use forex brokers that trade such instruments?
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Hi, I would like to know who is the expert in FOREX Trading in Malaysia? I very please to learn from expert.? Malaysia got alot of company teaching FOREX course but the response from the course is poor, some more got company tecahing FOREX by buying software, I feel very confusing with so many options. I am eagle to learn and earn extra income from FOREX Trading cause is my hobby and my vision become full time Forex trader, but till now I cant very find reliable and professional comapny or mentors who can teach or share with me about FOREX Trading like: FOREX Tool- Chart, FOREX Platform and so on. Lastlly, I hope anyone know about forex can be contact me so I can fullfill my dream. Thank you.
Automated Forex trading? Hello i want to find an automated forex scalping system and an automated options on stocks system. Can someone help?
Trading as FullTime Profession? Hi guys i wanna ask ur advices.I wanna choose trading(Options,Forex,Stocks) as my full time profession and ofcourse am doing lots of research on trading and learing the tricks but i haven't started trading coz am learning the basics still. I will start with less amount till i understand the Markets and trading technique's and i want to go on further by saving some amount and trading the other amount? I am ready to take down the risks also :) coz there is nothing in the world which is gained with out pain,am i rite? Actually i wanna be entrepreneur in future and am not born wealthy,to become wealthy and get money to establish my dreams i think i am decided the right path. Please feel free to judge what ever the way u think...Thanq So much for ur time and advice.
What are your thoughts on the CFTC proposal, calling for a 1:10 leverage cap on Forex trading? The current limit is 1:400. I think most people know what they're getting into when take on such a high leverage. With a 1:400 leverage one loses all his money if the investment goes down 0.25%, but the money doubles if it goes up 0.25%, and triples if it goes up 0.5%. It's common sense that this is risky, and anyone stupid enough to invest all their money in such an obviously risky investment, deserves to lose it all. I find it condescending that the CFTC thinks we don't understand something that a 4th grader could understand. Such a high leverage should be an option in case someone wants to invest a small percentage of their portfolio with a high leverage. If someone is very skilled at Forex it ought to be their right to see just how high of returns they can get, by trying out higher leverages for some of their portfolio. What are your thoughts?
What are good investments for new investors? (Please help)? When I turn aged 18, I want to become an investor and try to build a career out of it. I had thought about Options Trading and Forex until I found out that they are only meant for really skilled and experienced investors, and really not for newbies. I don't want to invest for the long term but more rather the short term. Would something like penny shares be a better option for a new investor? Please help.
Confused about options strike price? I am confused about one thing in trading forex options. if the spot price of EURUSD in 1.4644 and i open a sell put option at 1.5000 and the expiry for next day. the sell option is a credit options so i should receive the premium right?? so when will i receive the premium after expiry? and what if the spot price at expiry is 1.4550 how much will i lose?
How does Advanced Currency Market / Online Forex work? I need your help! There is a so-called ACM, a company in Dubai that works on forex trading and currency trading. Honestly, I almost don't have any ideas about how this thing works. It's like I have to open an account and invest money. I don't know how it works. How will that benefit me? Will it make my money grow? And there's some kind of a software that has a lot of buttons, numbers, options, etc. I really can't figure out how it works. Please help me!
forex currency trading ? I am from asia . I have opened up a accont at forex.com now I want to know which is the best way for me to deposit money in the account . so that I can deposit as wellas withdraw my money without any problem ? credit card ? wire transfer ? or open up a bank account in usa and then transfer funds ? the 3rd option was suggested by one of the friend , plz help me i m confused
Can banker's spouse trade any securities or forex without the 30 days restriction? I am taking a career in investment banking. My husband trade options and stocks pretty frequently. His trades can be as short as a few days to a couple months, rarely longer than a year. I learn that there is restrictions on trading securities if the spouse works full time in the bank, for example, approval needed from the bank before entering the trade, and no closing of each trade before 30 days. Do you know if that apply for forex trading as well? I am not sure if that means he needs to stop trading completely, or he can trade forex, etc.
Hedging forex risks when trading currency for profit.? If I were to trade USD/GBR on forex market, what sort of hedge would I use to reduce my level of risk? Ie would I buy other currencies at the same time, or use forward contracts / future contracts or even options. Which is the most common and effective. Thanks
Which is the hottest area of "Trading" (NOT Investing) at the moment & why? In other words, which Trading segment has the highest potential pay off compared to the amount of money at risk (assuming for the sake of assumption, of course, that you are equally knowledgeable and lucky in all): Would it be Forex, Options, Futures, etc. (Please specify + a brief reason why) Also which Trading strategy do you use or recommend for that market (please briefly elaborate). Thank You!
If I Open a trade in forex, Does it mean I'm creating a "market order"? I'm a newbie in forex trading, just downloaded a broker platform and doing demo/practice account. There I see option called "open trade" and also called "create order". I'm confused that whether in order to open a position shall I click "open trade" or "create order" because what I learned from forex tutorials is that in order to buy or sell instantly, you should create a "market order", but in my demo practice account trade is opened by just mere clicking on "open trade", so I wonder what role plays the "create order"
how to trade with Forex? Dear friends, I recently opened demo account for forex trading, but the fact is i hve 0 knowledge in forex. I don't understand how to trade and make profit. I see the numbers chaning into green and red and there will be option called bid and ask, but don't know what to do? how to buy or how to sell? please someone who are experts in Forex tell me how to trade and make profit.
how does a binary forex option broker earn? i want to trade in binary forex option . But first of all i want to know that how binary forex option brokers earn. If they earn from loss of money of a client then it is scary. So i want to the method of earning of binay forex option brokers.
Is Options University and Forex Trading for real? Okay so i have been looking at some ways to make money and i came across Forex trading. Well the trading actually looks legit, but i'm not so sure about this learning course at options university. Can someone tell me about their experience with this, or if you know an even better way to learn, say from a better book. Also do you have to pay for the options university training course?
Investing/Trading Global Bonds (Small Fries)? Why does it appear that small time investors have such difficulty getting to trade/invest in bonds of Sovereign countries? If I think the bond sell off in Ireland is over done and I want to load up on Irish Bonds, where can I go to snag a few bond issues? It seems like only Bonds are off limits to small investors. We can all buy Stocks, ETFs, Options, Trade Forex, etc.. But when it comes to Bonds of Sovereign nations, it seems like getting your fingers on any is few and far between,
Where to start with trading shares? Im looking at putting some spare cash to work and want to start trading shares but with so much information about whether to trade equities, options, forex etc and whether buying shares or speadbetting is cheaper on tax Im looking for people with a bit of experience to narrow down the learning curve. I work during the day so will be trading/betting in the evenings on the US markets. I want to cover both short term and long term gains by buying and holding long term stock for the dividends but the short term trades (daily/weekly/monthly) should I buy the shares or bet on the price, which option is the most tax/cost efficient? Trying to read about and learn all the aspects of trading will keep me busy for years so any advice on which areas/styles I should focus on as a starting point would be appreciated. Thanks
Does anyone have a list of online forex brokers that offer both spot and option trading? I am interested in trading forex pairs and using options to hedge my live forex positions. Does anyone know where can I find a list of forex brokers that offer me the possibility of opening positions (just like any forex broker out there) but at the same time buying american-style options from them in order to hedge my open long or short positions (in conjunction with a stop-loss order or by itself)?
How do I get into forex silver trading? Oh god I know I'm going to get tons of spam responses here but here goes... Hopefully there are some honest people out there. My dad keeps advising me to get into forex silver trading. The way he has described it makes it seem great; that there are high profit yields and low risks when using a forex platform. But it's been extremely hard for me to find honest advice out there in the interweb, as most sites just seem to be biased and self promoting. I'm considering investing $500 dollars or so and would like to find a program that works, but it's been really hard to get any good factual information. My dad explained that forex works in things called "pips" where every penny of gain/loss in silver is worth around $5.00. So if silver increased ten cents today, you would have profited $50 or lost $50 if it was the other way around. My dad explained that programs will have an option to sell if silver gets below a certain point to mitigate your losses. If I was investing in $200 lets say, I could lose the money quick if I wasn't watching it, but if a program was doing it for me... Well then it sounds like it would be too easy to profit. My dad isn't particularly rational and I think he doesn't know how to sort through the junk of misinformation in the business world. For me, trying to find information on silver trading on the internet is much more difficult then trying to find factual information about a subject in college, as most people out there seem to be solely concerned into manipulating people into acting in a given behavior that benefits their pocket book. Please give me some advice on how to get into forex silver trading as a young and broke student (supposing that one should get into it at all!). Thanks, Flavius, what do you think the point of this question is? Did you even read my post? I'm not about to spend $500 NOW. I'm trying to get more information from good sources before I invest, and I don't expect to get all that information from yahoo answers anyways. I don't mean that high profit and low risk are something inherently related to any investment scheme. I meant that a computer program would be able to manage risks through math rather than human reasoning, like commands to "sell" when x object drops below Y dollar amount. It doesn't seem like that difficult of a concept. Now could anyone else, that can actually read, please advise me?
Which broker has a good options trading platform? Currently I dabble in stocks and forex and enjoy trading. I am looking to get into options trading and need a good broker with a nice platform that has a fairly easy learning curve, but still leaves some fun stuff for the advanced user. I am looking for a broker that offers commodities such as gold, silver, platinum. If they offer stocks as well it would be nice, but not necessary.
Do you need experience trading forex to use options? I want to start trading forex soon and I would also like to buy protective puts for some trades. In stock trading brokers need you to have previous experience to use options. Is the same true for forex brokers?
what is buy and sell in forex trading? i opened a demo account in 4xp.com now whenever i click on any commodity 2 options come showing gold amount:- 0.01 lot s/l= 1682.50 t/p=1682.50 instant execution 1681.50/1682.50 SELL/BUY now what is sell and buy ? when i click on sell different data comes and when i click on buy different thing happens how to understand this complex market for beginner? please guide