i am interested in this course. can any advise where to learn and best place to learn
You mean forex courses? You can find many forex ads in the ST.
You have part with huge $ before they ever teach you anything!
You can't be 100% sure on what they promised, they can deliver or that you can effectively use the tools to generate continuous income and not loss.
Frankly, I won't touch any.
Originally posted by yourfavouritefriend:i am interested in this course. can any advise where to learn and best place to learn
no need to learn lah, go exchange money that you think will go up or become stronger, than when its goes up, change back to sing dollars
Originally posted by angel7030:
no need to learn lah, go exchange money that you think will go up or become stronger, than when its goes up, change back to sing dollars
If follow your method, the only person who make $ is the money-changer.
Everytime change, the money-changer charges a % or a commission.
Just go to the library and borrow those "just for dummies" books...dun need to waste money on courses...after all...even if you do attend such courses...there are no guarantees that you'll not lose/ or earn money
opps sorry double post...sfg damn lag....
most if not all the courses in the papers will teach you methods that will work for a while but later as market changes, they'll lose their effectiveness.........
most of these methods are very similar to methods in free forums like forexfactory.com..............go there and learn all you want.
foreign exchange course ? got this type of course meh ?
you mean forex trading ? SGX may have ?
Thank you, i found the info i need
http://daytrading.about.com/od/currencies/a/RetailForexBrok.htm
In addition to fixing the prices, retail forex brokers also trade against their customers. For example, if a trader is long the GBPUSD market at 1.5674, and the market has moved against their trade to 1.5628, a retail forex broker might offer a lower price of 1.5624 to the trader. If the trader then exits their trade, there is a four pip difference between the actual price and the trader's price, which the retail forex broker keeps as their profit.
Another problem with retail forex brokers is that they have access to all of their customers orders, including entries, targets, and stop losses. This means that they can make their own trades specifically to take advantage of the trader's orders. For example, if a trader is long the EURGBP market at 0.6712, and has a target order at 0.6812, a retail forex broker might keep the prices artifically low, so that when the market reaches the trader's target order, there is a five pip difference between the actual price and the trader's price. The retail forex broker would then go short at the real price of 0.6815, while filling the trader's target order at 0.6812, and keep the five pips difference as their own profit.
ah yes, very true............those bucket shops...............they have softwares to go after certain people so different prices for different people at the same broker.
normally those people conducting FX courses earn money from the fees as well as commissions from every one of your trades when you use the brokers they suggest.
to make sure you use that broker, these trainers will use that broker's platform or develop his own custom indicators and bullshit it works best on a certain broker's platform.
don't fall for the M Kishore nonsense you see on the papers..............
I'm interested in forex but more of the straightforward way(like money changer style)...isnt there away to like example i notice euro dollar dropping i go change SGD5000 worth of EUR rate say SGD1/EUR0.54 = abt 2700 EURO.. wait for EUR to rise to about SGD1/EUR0.5 then change back to SGD for a quickbuck n earn abt 400SGD....doing that all online..similar to like online banking...itz like say...online money changer if u will...is there such a thing? but u hav no choice but to go fullfletch into online forex trading or go to money changer?
I believed IBF (Institute of Banking and Finance) have some similar courses you may be interested in, besides, they are the one who regulates the Futures Trading Test (For Dervatives Traders, Forex) & Dealers Rep exams ( for Remisiers). Go check IBF out... those ädvertised on ST to "share" their forex experiences are abit dicey. It's Up to you...