Which products would perfectly fit for newbie

[okamiraito]

Hi Guys,

 

Does anyone have suggestion which products should i concentrate on trading? As i have read in all articles about forex, they always show for EUR/USD, just like in the HYMarkets.com education page hymarkets.com/english/education_tradingbasics_b.html

 

What can be the difference with the other products? What are their pros and cons?

[ForexMike]

When posting, don't post in the trading section unless you have a system to share. Post all new trader questions in the beginners section please.

[hermanhess]

infraction given please see this ----> http://indo-investasi.com/showthread.php/9709-100-Working-Holly-Grail-System

 

 

..... welcome to the forum but request you to please do go through the rules

 

thread moved to beginner section

[okamiraito]

Sorry for the posting in incorrect category and thank you hermanhess for moving my thread. :D

[Klimov]

Firstly, this is EUR/USD, GBP/USD, USD/JPY, USD/CHF. Also, stable currencies are Australian, New Zealand and Canadian dollars, so pairs are AUD/USD, NZD /USD, USD/CAD

[Guest roberrt]

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Something about the book:

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https://www.google.co.uk/?gws_rd=ssl#q=Bill+Johnson+%E2%80%93+Beginner+Options+Trading+Class+bestforexstore

goodluck.

[shoushe]

These broker only requires small deposit for standard account, their products must fit for new trader:

https://www.vinsonfinancials.com/en/compare-accounts - $200

https://www.exness.com/register/ - cent account

[binaryowner]

Hi Guys,

 

Does anyone have suggestion which products should i concentrate on trading? As i have read in all articles about forex, they always show for EUR/USD, just like in the HYMarkets.com education page hymarkets.com/english/education_tradingbasics_b.html

 

What can be the difference with the other products? What are their pros and cons?

 

EUR/USD is hard to predict but it has lowest spreads so cheap for scalpers. Other majors also have tight spreads but EUR/USD is most liquid means slippage and spread widening are rare there. Exotic pairs are easier to predict but trading with them carries high level of risk so I suggest you to start from mars then turning to more specific instruments.

Good luck.

[Gaban]

As long as you could keep your attention to those pairs (including get yourself up-to-date to their news) you could handle a pair or two in forex trading.

[orni308]

Its very important to understand how market works, currencies prices fluctuate due to many factors, but a trader should try to understand how these fluctuation are made and how to predict it.

[shoushe]

Check here for 4 digit trading and instant execution without requote, they are suitable for new traders.

https://www.vinsonfinancials.com/en/compare-accounts

[SBlack]

Check here for 4 digit trading and instant execution without requote, they are suitable for new traders.

https://www.vinsonfinancials.com/en/compare-accounts

 

What does 4 digit mean? I have some experience in Forex trading, but didn't met this term before. is it something relatrd only to Vinson Financials?