Discussion in 'Index Futures' started by Andy62279, Jul 26, 2002.

  1. I'm trying to get into the currency market. Do you guys have any recommendations as far as currency brokers, charting services, and strategies? Thanks for your help.

  2. JayS


    Futures or Cash FX?
  3. FX. So far I have found and They're pretty much the same, but GCI offers precious metals as well.

    I was wondering if Level 2 screens are available for currencies. Esignal seems like a good program, but the price is a bit too steep. GCI offers Esignal for free as long as you have over 50 trades per month.

    Any thoughts?

  4. stevet


    any thoughts?

    only one - prepare to have your bank account emptied out!
  5. Flynn


    FX can be extremly profitable, but if you are on the wrong side then high leverage will empty your trading account in a minutes. :)
    I trade at FXCM for more than 1,5 years and haven't had any problem yet. They are good for daytrayding - no slippage at all, no comission, competitive spread. Trading terminal is reliable and simple to use. Withdrawal - maximum 2 working days and profit is on my bank account.
    Anyway - first try demo trading.
  6. Flynn,

    For daytrading, which website would you recommend for real-time data? Thanks for your comments,

  7. Flynn


  8. Are there any books that you found helpful relating to currencies?

  9. ChrisM


    Stevet, Your realism bites :)
  10. With 100 : 1 leverage, you do the math, how much the price should go against you to totally wipe out your account.
    #10     Aug 2, 2002