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Go Back   Talkgold HYIP, Investment & Money Forum > Other Ways to Make/Save Money > Forex Trading / Day Trading
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  #11  
Old 11-07-2008, 07:32 PM
DBryan7832 DBryan7832 is offline
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Join Date: Nov 2008
Location: Colorado
Posts: 4
Default Re: Need advice on finding good forex brokers!

You ask for tricks of the trade. Here is one that might help you in some cases (not all cases). If your using stop losses, lets say you have a buy order in on what you feel will be a 50 pip gain. Your in the profit by 20 pips. Some brokers will let you move your stop loss, some will not. If you can move your stop loss, move it up into the profit zone, say 10 pips under your present profit. Keep moving it up as your profit increases. Doing this will leave you with some profit, if thing take a turn for the worse, your moved stop loss will keep you some of your profit. If the order changes and starts going back in your favor again, you can always place a new order. Hope this helps a bit…
Dave
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  #13  
Old 12-19-2008, 02:27 AM
ExecutiveIncome ExecutiveIncome is offline
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Join Date: Nov 2008
Posts: 190
Default Broker Disucssion

This article & more can be found at my blog: Forex Secrets & Analysis Blog

Forex Brokers: Choosing the right one
Before starting to trade, you need to setup an account with a Forex broker. Put simply, a broker is a company that charges small commissions for executing buy & sell orders on the traders command.

At first, deciding on which broker to choose may be overwhelming as there are many available, the key is to do your research & follow these simple steps.

1.) Customer Service
Most importantly, a broker's customer service must be excellent! 24/7 customer service reps available is an absolute must & you can't do without it. A quality customer service team is the first step to finding the best broker for you.

2.) Platform

Analyze the brokers trading platform. Are you comfortable with it? Does it have all the necessary information you need to trade? Is there a market news feed somewhere in the corner or somewhere else on the site?

3.) Mini/Micro Accounts
If you are a beginner, try looking for a broker which offers Mini & even micro accounts. For just a few hundred bucks you can test your trading skills, hone your market savy & learn the tricks of trading forex.

4.) Instant Execution of Your Orders
This is an absolute must! If execution isn't instant, as soon as you place your order, find a new broker.

5.) Do Your Research

Look online & check out forums for reviews of the broker you're thinking of trading with. Make sure that they have been around for a long time & that traders have had good experiences.

To your $uccess in Forex,
Daniel

Last edited by jafar00 : 03-19-2009 at 02:01 PM.
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  #14  
Old 12-19-2008, 02:49 AM
Shell25 Shell25 is offline
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Join Date: Dec 2008
Posts: 20
Default Re: Forex Brokers: Choosing the right one

I am currently enjoying of all those features and even more with my current broker. I used to have lots of troubles with my previous one and when I opened my account with Tradeview my trades became even more profitable because of their excellent service.
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  #15  
Old 12-19-2008, 10:17 AM
jeff15 jeff15 is offline
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Join Date: Oct 2008
Posts: 268
Default Re: Forex Brokers: Choosing the right one

I am at present trading fairly with my broker and enjoying the services my broker providing. Before entering this market i had many -ve views about this market and the brokers. As i started trading this market all my doubts are cleared.I am trading with AVAFX an online broker. Before signing up with any broker one must try its demo accounts.
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  #16  
Old 12-19-2008, 10:39 AM
fxtrendline fxtrendline is offline
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Join Date: Apr 2008
Posts: 380
Default Re: Forex Brokers: Choosing the right one

if you want to be a serious trader with big money deposit you can try interbankfx
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  #17  
Old 12-20-2008, 02:30 AM
Shell25 Shell25 is offline
Newbie Amateur
Join Date: Dec 2008
Posts: 20
Default Re: Forex Brokers: Choosing the right one

I actually ended up with Tradeview since I only had enough to open a mini account. I was really scared because I was just trading blind, I mean without S/R and then I became aware of the risk so since I applied them to my strategy, along to the fast execution and good feed I've been doing great.
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  #18  
Old 01-21-2009, 02:33 AM
Pipe Pipe is offline
Newbie Amateur
Join Date: Jan 2009
Posts: 3
Default Broker Disucssion

Hey there Pipe.
Sorry I had to edit your post, but the chronological formatting of this forum kept dumping mine at the bottom and I need this to be seen.

This thread is now for specific or general broker discussion and more importantly questions.

You can answer questions without doing any PR for you broker.

The same rules apply:
Advertising will be deleted and warnings will be issued

Thank you for your co-operation

Quote:
Hi! I have been reading about Forex and I’m learning, but I don’t know how I can use it. I need to know about brokers. Do you know what the best is?

Last edited by contrarian : 04-01-2009 at 01:24 PM.
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  #20  
Old 01-21-2009, 12:49 PM
jebat66 jebat66 is offline
Amateur Investor
Join Date: Apr 2008
Posts: 86
Default Re: Which one is the best?

for me the best broker is easy to wd and deposit,free swap and have micro account
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