Archive for the ‘Foreign Exchange Trading’ Category

which online trading company is able to execute trades on foreign exchanges for US residents?

Wednesday, December 9th, 2009

I am looking to purchase GDR’s traded on the LSE, but can’t find a US online trader who can execute these orders…HELP!

Interactive Brokers gives you access to many foreign markets, including the London Stock Exchange.
http://individuals.interactivebrokers.com/en/main.php

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which online trading company is able to execute trades on foreign exchanges for US residents?

Wednesday, December 9th, 2009

I am looking to purchase GDR’s traded on the LSE, but can’t find a US online trader who can execute these orders…HELP!

Interactive Brokers gives you access to many foreign markets, including the London Stock Exchange.
http://individuals.interactivebrokers.com/en/main.php

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can an individual trade in foreign exchange online? Is a license needed?

Tuesday, December 1st, 2009


you need a broker- my economics teacher stressed to us back in spring 2008, that you can’t trade w/o a broker.

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can an individual trade in foreign exchange online? Is a license needed?

Tuesday, December 1st, 2009


you need a broker- my economics teacher stressed to us back in spring 2008, that you can’t trade w/o a broker.

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Where does China’s huge foreign exchange reserve come from?

Wednesday, November 11th, 2009

Does all that money come from foreign trade surplus? But China’s net export is not THAT big, right? It imports a lot, too. Are there any studies on the sources and breakdown of China’s foreign exchange reserves?
THANKS!!
Sorry about the confusion. By sources of foreign exchange reserves, I didn’t mean which countries; I meant which avenues (e.g. trade surplus, FDI, tourism, what else…). Since China imports lots of parts to assemble goods that it exports to US, I assume China runs trade deficit against Southeast Asian countries. Hence my question about the sources of China’s forex reserve accumulation.

The US.

Wal Mart imports 30% of Chinese consumer production capacity each year.

Here’s the big breakdown:
US 21%, Hong Kong 16%, Japan 9.5%, South Korea 4.6%, Germany 4.2% (2006)

Since China has strict importing rules, they can pick and choose what will be imported, therefore creating a massive foreign exchange reserve.

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Why has the Canadian dollar never been traded higher than the US dollar in Foreign Exchange?

Wednesday, November 11th, 2009


Setting aside the fact that the Canadian dollar is higher than the US dollar right now, the US economy is much larger than the Canadian economy and the strength of the dollar encouraged many foreigners to hold dollars as a hedge against high inflation in their country. That demand for US dollars kept the US dollar above the Canadian dollar. Now that the US dollar is plummeting foreign demand for US dollars has fallen. That is one of many reasons the Canadian dollar has surpassed the US dollar.

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What is the best way to learn forex trading?

Sunday, November 1st, 2009

I would like to start trading in foreign exchange, and I am looking for tips on how to get started with forex trading? I have looked at some of the trading platforms out there, and they seem quite complex and intimidating. Your help would be appreciated.

If you are looking for the best forex auto pilot software, check out this site

http://make-money-with-forex.org/

Here you’ll find the best software that can help you to increase your profit automatically

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What is the best way to learn forex trading?

Sunday, November 1st, 2009

I would like to start trading in foreign exchange, and I am looking for tips on how to get started with forex trading? I have looked at some of the trading platforms out there, and they seem quite complex and intimidating. Your help would be appreciated.

If you are looking for the best forex auto pilot software, check out this site

http://make-money-with-forex.org/

Here you’ll find the best software that can help you to increase your profit automatically

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How do I become a professional foreign exchange trader?

Sunday, October 25th, 2009

I think I have a talent for it as I have been trading with substantial returns by myself but with limited capital. How do I find a company that can appreciate my skills?

I worked in international finance for over 20 years. The stress level is quite high. If you’re serious about becoming a trader then I would suggest you look for work in the banking field.
No bank will put you on a trading desk right away, first you will have to spend time learning the workings of a bank and eventually move up into foreign exchange then international banking and finally trading.
It’s high pressure work but it can be a lot of fun and you will make a lot of contacts worldwide.
Who knows where you’ll end up.
I might also mention that it would help greatly if you moved to a large city as there is little international banking business in the average small town.
Go for it.

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How do I become a professional foreign exchange trader?

Sunday, October 25th, 2009

I think I have a talent for it as I have been trading with substantial returns by myself but with limited capital. How do I find a company that can appreciate my skills?

I worked in international finance for over 20 years. The stress level is quite high. If you’re serious about becoming a trader then I would suggest you look for work in the banking field.
No bank will put you on a trading desk right away, first you will have to spend time learning the workings of a bank and eventually move up into foreign exchange then international banking and finally trading.
It’s high pressure work but it can be a lot of fun and you will make a lot of contacts worldwide.
Who knows where you’ll end up.
I might also mention that it would help greatly if you moved to a large city as there is little international banking business in the average small town.
Go for it.

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