hi, i wanna invest my fund in forex, but i don't know anything about forex, so i need a company to help me trade, and i only want to invest with paypal fund. any suggestion?? thank you
Re: anyone know which site can help me trade forex
Oanda accepts paypal as a broker. Just google Oanda. If you have some questions I would be glad to help out with the basics. There is a lot of information in this forum but believe half of what you read and hear. This is a high risk market so you have to be careful. 95% of all traders are losers so just realize that only 5% of any forum have a real clue.
I wise investor said" find out what 90% of the investors are doing then do the opposite. It's the 90/10 rule in investing. 10% of all the people have 90% of all the money. Most of these traders think they are investors but the fact is if you day trade or scalp your not investing, your gambling. They will disagree but then why is it 95% of them are losing? You figure it out.
Now don't get me wrong, I like to day trade myself, it's can be addictive and exciting and rewarding if you get on a lucky streak. But in the end it can wipe you out or produce little at the end of the year for all you efforts and time.
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Re: anyone know which site can help me trade forex
Please, do not invest into forex if you do not know how to trade. Learn at first, start with babypips.com educational resource, it is absolutely free. Then demo trade a lot.
If you hope to find a managed account, keep in mind that 99,9% of them will scam you.
Forex is not easy money.
Re: anyone know which site can help me trade forex
dummy555, hi!
I am apsolutely agree with Altinspeck.
If you want to trade on Forex, you should learn too much information, and train trading on demo accounts. You will spend months, or years to trade successfuly. I trade already half a year on the real money, but I pass long way to reach it. I live on it already. In general, we have a group of traders, we trade on investor's accounts, and our own accounts. So before you want to trade on forex, firstly learn about it, and then feel, is it yours or not!