Forex Made Easy » stocks

Trading Stocks in U.S./Canadian Dollars – How Does That Work?!?

admin — Sun, 25 Mar 2012 20:47:40 +0000

Question by Peter N: Trading Stocks in U.S./Canadian Dollars – How Does That Work?!?
When a stock is listed on both the TSX and the NYSE, how does the share price maintain the ratio in terms of the currency exchange? How does this differential remain relatively constant?!?

Best answer:

Answer by Alvin
Hi,

You can visit http://stocksguide.checkouttoday.info for some useful tips and info related to your query. Good luck!

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Q&A: Could I become a millionaire by age 25 by trading stocks using CFDs (Contracts for Differences)?

admin — Wed, 21 Mar 2012 20:49:31 +0000

Question by William M: Could I become a millionaire by age 25 by trading stocks using CFDs (Contracts for Differences)?
I am 18 years old and I have a few grand in my bank. I have tried the idea of trading currencies, but I am not really that interested in trading currencies. However, I do have a very strong interest in the idea trading stocks, and I am much more familiar with it and find it a much better option. What I ‘d like to know is if I started trading the ups & downs of stocks by using CFDs (Contracts for Differences) by day-trading stocks I’m familiar with, starting now at age 18, could I become a millionaire by age 25 within 7 year from now?

Best answer:

Answer by bharathi bhaskaran
Yes u could become one. Provided, market remains bullish for so long. U have not said anything abt ur initial outlay. Worth trying. Pl goahead. All the best to tomorrow’s millionaire. -bhaarathi bhaaskaran Chennai

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Q&A: Buy foreign stocks with a foreign currency?

admin — Sun, 18 Mar 2012 16:47:05 +0000

Question by westphalia1: Buy foreign stocks with a foreign currency?
Has anyone traded foreign stocks, on a foreign stock exchange, IN THAT COUNTRY’S LOCAL CURRENCY? It sounds like this could be profitable in more than one way.

Best answer:

Answer by Fermat
It is. If you can pick up timing difference in exchange rates between three currencies, you can buy at one price and immediately sell at another. It is called arbitrage. There are already a few places doing it…

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Q&A: What am I better to trade out of currencies, commodities or stocks?

admin — Thu, 15 Mar 2012 04:47:21 +0000

Question by William M: What am I better to trade out of currencies, commodities or stocks?
I am 18 years old and I have been teaching myself about various different investments, and the vehicles you can use to trade them. What I would like to know is what is better/safer/advised to trade out of currencies, commodities or stocks? Please give a good reasonable answer with advice to earn best answer. Thanks.

Best answer:

Answer by guru_matt
All investment are risky.. there is no such thing as a “safe” investment.

What you trade depends upon you & your personality.

You can download any of the major brokerage platforms – I like thinkorswim.com but there are plenty of others. The provide what they call a “paper account” – a demo account in effect. The give you a balance of play money & you can play around with their system & see how you go.

This will give you an appreciation of how things work & the risks involved.

Currencies are a little more exciting as you tend to trade on margin – its the most liquid market, so you always get moves of one way or another.

I trade all three like so..

- currency [long call options only - making long term plays]
- commodities [via etfs & long calls only - never on margin]
- stocks [via etfs & long term calls - happily use margin here]

You might like visit our site: www.thedailytradingreport.com for our investment overview.

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WHATS more riskier ? trading stocks or trading currencies?

admin — Wed, 14 Mar 2012 00:46:57 +0000

Question by : WHATS more riskier ? trading stocks or trading currencies?

Best answer:

Answer by tenant
currency is more risky as it is more volatile compared to stocks and forex market is open 24 hours so its not possible to sit in front of pc for whole day

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What would you recommend is better to trade out of currencies or stocks?

admin — Tue, 13 Mar 2012 20:47:45 +0000

Question by William M: What would you recommend is better to trade out of currencies or stocks?
I am going to be 18 in 1 months time. I am looking to trade CFDs (Contracts for Differences) as I have read about them in books and on the internet. I want to know your opinion about what you think is best to trade out of currencies or stocks? Whats the best option for me do you think?

Best answer:

Answer by gosh137
You said “Whats the best option for me do you think?” Since we don’t know anything about your time horizon, goals, knowledge, skill, etc. why not set up a “paper” or pretend account and do both for about 6 months. Then you can see which one you are better or more comfortable doing.

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Where can I open a demo trading account that will let me trade options, futures, stocks, and currencies?

admin — Mon, 12 Mar 2012 00:46:52 +0000

Question by colin: Where can I open a demo trading account that will let me trade options, futures, stocks, and currencies?

Best answer:

Answer by Matt G
Take a look at www.thinkorswim.com. Rated number one by Barron’s.

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can you trade just one currency like you do with stocks or does it have to be a pair?

admin — Tue, 21 Feb 2012 20:49:02 +0000

Question by greenberret1960: can you trade just one currency like you do with stocks or does it have to be a pair?
just wondering if you can trade just one currency or does it have to be a pair

Best answer:

Answer by Cap’n Obvious
I exchange GBP for GBP all the time. The exchange rate is very steady, almost always remaining at 1.00 to the pound.

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Can you trade in Bonds and Mutual funds like you trade in stocks forex and commodities?

admin — Thu, 15 Dec 2011 10:25:25 +0000

Question by Ali: Can you trade in Bonds and Mutual funds like you trade in stocks forex and commodities?
i am completely novice and want to know if this is possible with online software?

Best answer:

Answer by Common Sense
The answer is yes. However the liquidity on many bonds is very low. If you don’t know what you’re doing…. you’ll get totally screwed. (The same problem exists with many FX and futures during many times of a 24 hour period…. perhaps not as bad for some).

Learn something easier for the first 3-5 years… Stocks will give you trading experience without the higher risk of Bonds, Forex & Commodities (Futures). Bonds can also be traded via many ETF’s.

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Is it better to trade currencies or invest in stocks?

admin — Fri, 09 Dec 2011 21:29:09 +0000

Question by mayerj72: Is it better to trade currencies or invest in stocks?
With what method do people usually make more money? I never really heard of many people trading currencies. Does that mean it’s not that good to do that?

Best answer:

Answer by paramvenu
It is better to invest in stocks.
People usually make money by investing in stocks.
Trading in currencies ia relatively riskier.

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