Hello there,
So I am curious whether I can make some money with Forex trading, by starting with relatively few amount of money.
As far as I see the trends are small and for a 3 days period from Dec-15 to Dec-18 was the GBP/USD with +0.4% trend of the GBP.
Well…I am not into this business so I have no idea what kind of money you need to start….but seeing the change rate above this means that if I buy GPB with 500USD and resell it 3 days later in the best possible case I will end up with 0.4 percents more? That of course will be funny money…
So what you will advise me to do?
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i am trying the demo program and not really getting it. it says like GBP/USD 1.9076 so i bought it. do i want to sell it when it goes higher and the same one? or do i want to sell it at a different pair? why isn’t the press reporting this? I have been studying forex trading with some help from the FORUM members and find that currencies (GBP/USD) keep on oscillating in a narrow range. this means yoiu can only swing trade. No posibility of Position trading. Your helpful cpmments please Can you give me a clue for finding currency rates for past years – I need them for my assignment. To be more detailed – I need GBP/USD and GBP/EUR most |
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