Forex Black Panther
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"Foreign Exchange" is the simultaneous buying of one currency and selling of another. I understand is a good business but I have no knowledge about it. I read books but could not understand the trick. Can someone put me through all the steps and tricks I need to trade in the forex market. Thanks.
Some people pick names, some do fundamental analysis, some buy short term, some buy long term, some like volatility, some don't….how do you do it? What charachter do you look for in your stocks…..cause we all know stocks go up eventually…
The popular investing group Taiipan sends out investing information like crisis trades – but I'd really like to be convinced i'm not throwing away money …. can any one vouch for their effectiveness?
Or even better is there anywhere you can get good advice on great stock picks, just like Taiipan?
I am new to this market and to trading. It appears that with instantaneous news I am at a major disadvantage with regards to upswings that occur for moments at time and are gone until the next time that I don't get the news fast enough to work with and most of the market declines on a daily basis as I see it. I think I am better and have better odds of picking losers than I do winners. So if I want to make money, it looks like I need to sell short which is actually buying it because I have to allocate money to sell it short because I borrow shares for a price from another investor, right …and then buy when the stock takes enough of a dip that I can make the money back on the way up. Is there a time limit on selling short that you have before you have to buy the shares back or is that indefinite? So for instance I think the shares will go lower than a certain dip, can I wait til I think the stock is at is lowest dip?