Today is going to be a historic day for forex markets as Alan Greenspan, the FED chairman for just over 18 years (longer than most of the world dealers have been in the business of forex trading!!) attends his last FOMC meeting (Fedral Open Market Committee) - where they expect a rise of quarter percentage in interest rates for USD. This is going to be a farewell meeting to Greenspan who has been one of the most respected persons in last two decades not only for the US economy, but the world economy as such.

Chandresh

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Chandresh

Advice is free – lessons I charge for!!

Aur incoming Ben ka kya prognosis hai?
Reading about Alan here

http://www.globeinvestor.com/servlet/ArticleNews/story/RTGAM/20060131/wmath0131

http://moneycentral.msn.com/content/invest/extra/P143057.asp

yaan contrarian view

http://moneycentral.msn.com/content/P131155.asp

Actually bahut saare people thinking he not doing so good job, lakin yeh to hotaich hai.

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hinglish zindabad

All those who attended the 2 forex sessions are there any success stories, would appreciate if they could post it.

Anita

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What goes around comes around...
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A CANADIAN INDIAN

Is Forex day trading gain treated as "income" or as "capital gains" when filing taxes?

Apun will be thinking it is income like stock market day trading, lakin apla expert Chandresh se poochna parenga.

Yaan koi tax expert se. Yeh actually relatively new type trading hai and maybe no legislation passing on it, so perhaps, can be passed off as capital gains.

Acha wallah tax expert yaan accountant se asking who long time here be, kal ka paida hua wallah se nahin pooching varna maybe galat answer getting. But sometimes even mavens give wrong info.

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hinglish zindabad

Am I too late to learn the basics of Forex? As a matter of fact, I opened a demo account in Fx solutions and at the end of the month, had a net gain of about USD 3395. I, then switched to another demo account of interbank fx and ended up loosing usd 3500 in just a day by making a mistake buying Euro when the pay scale and jobless rate was about to be announced.

This clearly means, I know a little about how to trade but don't know when?

Some sort of education would make me confident enough to open a live account.

Is it possible?

Thanks in advance.

Quote:

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Orginally posted by zhabuk


Some sort of education would make me confident enough to open a live account.

Is it possible?

Thanks in advance.

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Chandresh

Advice is free – lessons I charge for!!