Archive for Foreign
Question by Emmanuel: please do any one know about the efficacy of forexautopilot robot for trading foreign exchange online?
Best answer:
Answer by Ted
If you look at the web page http://forexautopilot.com/ near the top, he claims that this is a real account, yet if you scroll to the bottom, he has disclosures including one about hypothetical results.
“Hypothetical” means that he has not traded it on an account with real money. It means that he ran a stream of historical prices through it. He may have tweaked and tuned it so that it produced huge profits with this exact stream of data and will never do it again unless history repeats itself exactly. There is also no guarantee that you could have gotten actual orders in to the dealing desk and filled at the prices in his demonstration. The forex market moves fast.
Note underneath the disclaimer that this software is for “educational purposes” only and not for financial advice. This means that you should not trade on the basis of this system and if you do and you lose money, it’s your fault because they told you not to trade with it.
As far as his “example” account at the top. He says that this is “real”. Maybe true. He can open a bunch of accounts and show you the one that made money and not show you all the times he lost. Anybody can get luck once in a while.
At the bottom he says look what I made in “one week”, yet the date/time stamp in the log clearly says Feb 28 thru Mar 19. How is this “one week”?
Know better? Leave your own answer in the comments!
style = “float: left; margin: 5px; font-size: 80%”>
by SEBgroup Question rinku Garg : Is there a forex broker trading in India. I listened to some use.? Is there a broker of foreign exchange in India. I listened to some action. Is it true? Plz guide me. Thanks best answer: Answer
NJ Gold
source
Question by Sir M: What is the best Foreign Exchange (forex) Platform trading in 2009?
Hello.
I love to know what is the best Foreign Exchange (forex) Platform trading in year 2009. I want to start trading forex but still confuse to choose the best platform.
Best answer:
Answer by milky_mama27
Hi sir M,
So you are new forex trader? I want to wish a warm welcome to Foreign Exchange (forex) world. You must be feel excited to make money with forex. Okay, let’s go straight to the point. I want to advice you to use e-toro forex trading platform. You can view it using this link
http://tinyurl.com/bestforexplatform2009.
If you have any difficulties regarding this platform, you can contact me at my blog
http://best-forex-trading-platform2009.blogspot.com/
regards,
Sarah
Give your answer to this question below!
Question by Alex L: If I make income trading currency on the foreign exchange, must I report this on my federal taxes?
I want to start trading currency on the foreign exchange but am not sure if I would need to report my returns as income on my federal income tax return. If I do need to report it, how so?
Best answer:
Answer by hrblockchristinew
Yes you are supoposed to claim any income tha tyou receive on your taxes.
This advice was prepared based on our understanding of the tax law in effect at the time it was written as sit applies to the facts that you have provided. http://www.hrblock.com/taxes/tax_tips/index.html
http://www.hrblock.com/taxes/tax_calculators/index.html
Christine
Know better? Leave your own answer in the comments!
Foreign Exchange Brokers In Canada – Getting Currency Exchange Brokers to Choose the Right Circulating Currencies For You
Foreign Exchange Brokers In Canada
When you sign up with currency exchange brokers, it is important to ensure that they tell you which circulating currencies are right for you. Though in FOREX trading, the major currency pairs are important, knowing what other ones could be traded on your behalf helps you make money.
Currency exchange brokers do more than just get you set up for trading, they can guide you in many ways. In fact, though recognizing the major currencies is vital to successful trading, there may be times when you venture further afield because of good tips or trends amongst other lesser currencies. That is why you need to get your broker to let you know what all the currently circulating currencies are.
So, what are the currently circulating currencies on the FOREX market? Well, the most popular include the US dollar, Canadian dollar, Swiss franc, New Zealand dollar, Australian dollar and the Japanese yen. However, these are the other currencies traded on the FOREX market, according to their country: Foreign Exchange Brokers In Canada
Afghanistan – Afghani
Albania – Lek
Algeria – Dinar
Andorra – Euro
Angola – New Kwanza
Antigua and Barbuda – East Caribbean dollar
Argentina – Peso
Armenia – Dram
Australia – Australian dollar
Austria – Euro (formerly schilling)
Azerbaijan – Manat
Bahamas – Bahamian dollar
Bahrain – Bahrain dinar
Bangladesh – Taka
Barbados – Barbados dollar
Belarus – Belorussian ruble
Belgium – Euro (formerly Belgian franc)
Belize- Belize dollar
Benin – CFA Franc
Bhutan – Ngultrum
Bolivia – Boliviano
Bosnia and Herzegovina
