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10-23-2008, 12:00 PM
Forex is such a small name but big actions. People going on the small name and having clemence losses. It is such a huge market that before entering this market one should have a proper knowledge of it. Learn more about it search on internet there you will find many websites telling about forex and educate you about forex. Search for brokers have demo accounts use demo accounts for trading before going for real trading.
As people who had invested money in this market without knowledge and vanished off their hard earned money in few years. So first educate your self and gather more knowledge about it. Make your own trading strategies, use indicators like pivot point, moving averages etc. If you have signed with some broker and willing to open a trading account first go for a mini account which requires a minimum deposit every broker has their own minimum deposit in mini accounts. So first try for it and then only go for standard account. You will find many brokers in the market having the facility of mini accounts like the AVAFX,eToro, easy forex, iforex etc.
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