What is better out of trading ordinary spot forex or currency options?

William M asked:


I am 18 years old and I am considering trading currencies as a home based business. I’ve had practice with ordinary spot forex and find it okay. I want to know what is better if I was to trade ordinary spot forex or currency options? Which is better, and which has the best chance of you becoming successful and becoming a millionaire out of?

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Thursday, January 28th, 2010 Trading Forex 6 Comments

Forex trading and how to go about it from home?

MamaB25 asked:


Can someone explain in detail how forex trading can be done from home in order to earn some additional income? Too, what is involved or needed? How much is needed as an investment?

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Wednesday, January 27th, 2010 Trading Forex 7 Comments

Are there any good forex books by authors that actually make money on trading?

Tom C asked:


I’m after a book introducing me to the inner workings of Forex trading. I’ve taken a quick look at a few books, but they all appear to be written by people that make a living from Forex trading, rather than writing about how to do it & providing seminars?

When you Google or Wikipedia the authors, you don’t seem to find a lot of information about them, other than they have written a book!

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Tuesday, January 26th, 2010 Trading Forex 1 Comment

How to get a free trial of Megadroid Forex for my practise account on Forex Trader?

Alex asked:


I recently got a practise account for Forex Trader and i would like to try out Megadroid Forex to see if it would be worth getting with a actual account on Forex

can you give me a web link where i can get a free trial of Megadroid Forex for my practise account?

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Monday, January 25th, 2010 Trading Forex 3 Comments

Is it possible to make a great profit over a month with Forex trading?

zubairsheikh1212 asked:


I am a beginner and trying to learn forex. Is it possible to make such gains? I intend to invest say something around £250. Also, when is the best time to buy currency? What are the strategies in finding out the best point in time to buy?

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Sunday, January 24th, 2010 Trading Forex 4 Comments