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132. Why Choosing a Forex Broker is so Confusing

Trading The Forex
Trading The Forex Trading The Forex
Trading The Forex

http://www.informedtrades.comL... how to sort through the chaos and confusion on the web to learn what forex brokers are best for individual currency traders.

Channel: Education
Uploaded: November 30, 1999 at 12:00 am
Author: InformedTrades

Length: 04:21
Rating: 4.63
Views: 1378

Tags: broker  choosing  currency  forex  fx  maker  market  retail  trading  

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Video Comments

ZepTrader66 (November 30, 1999 at 12:00 am)
if only it was that easy :)
InformedTrades (November 30, 1999 at 12:00 am)
Hi Joe, Thanks for your comment and for watching. I will be getting to that as a part of this series but I don't want to say now as I would like people to have a chance to review for themselves instead of just going off whatever I tell them to do. Not saying you will do that but some would if I said now. Best Regards, Dave
InformedTrades (November 30, 1999 at 12:00 am)
Hi Horsefly4, Where I can see the thought process here actually the opposite is true, most people lose money trading forex. The reason being in the above example that if you simply put your stop just below the market you are going to get stopped out a very large percentage of the time which will add up to a lot of pips over the long term. Best Regards, Dave
horsefly4 (November 30, 1999 at 12:00 am)
would i be wrong in saying that theres little chance of losing money in the forex market over the long run?if you can leverage 20,000 to two million then every 100 pips is around $2000 and with the stop loss option set a few pipps below the bid, how can you lose in the long run even the not so long run?
ZepTrader66 (November 30, 1999 at 12:00 am)
hi, i'm trading with GFT at the moment and considering switching, so looking forward to the up and coming videos. Which broker do you use for your fx trading?RegardsJoe

 

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