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Forex Investment

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Trung Le Quang's picture
1331010675

Hi, please help to explain what is the Forex investment? How to win?

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  • Joseph Vu's picture
    Joseph Vu
    1331177044

    im not sure what you are talking about. If you are working for bank then you can find in Reuters knowledge Network and we will help you to do you job well. But if it is personal, be careful, Vietnam law does not allow you to trading Forex...

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  • Take a look at this site: http://vietnamcfa.com/category/forex-trading-2/
    There are a lot of helpful articles about forex trading to read and study.
    The key to win in forex trading is principle, principle, and principle. As long as you can keep your principle, you can win. It's a game of fighting between you and your greed
    Hope this help :)

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  • Lam Nguyen's picture
    Lam Nguyen
    1339510410

    Forex investment can be simply understood as another type of shares. A share is a piece of company ownership while Forex is the currency representing for one country. Both of them have same same but different in the way to invest or speculate.
    You can go to pages that having experience shared by trader experts to get an overview of this investment channel and where to start. This link is an excellent link shared by one trader expert: http://forum.vfx.vn/tim-hi-u-v-forex/1817-chia-s-kinh-nghi-m-trong-giao-...
    If you want to learn step by step you can also go to www.maxi-forex.com/. This site has almost every piece of knowledge to starting in Forex.
    Hope this help :)

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  • Trung Le Quang's picture
    Trung Le Quang
    1331187825

    Thank you
    @ Duy Thach: Yes, in Vietnam, there is not a law of Forex trading, but some investment and finance companies have invited individual invetors. As I understand, this market is great, they include most of TW bank, it is very very important in the international finance market.

    @ Hoa Dang Ngoc: what kind of principle do you refer?

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  • Joseph Vu's picture
    Joseph Vu
    1331188333

    FXCM is still on for you to trade. Take high risk then take high return... gl!

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  • Sorry, I thought that you already know some basic knowledge about the forex trading. The principle that I am talking about that your principle. Any investor who trading in stock market especially forex market have to find yourself a principle just like when will you take profit, when will you cut loss or when to go short, when to go long...
    In order to know clear about that you need to invest time to study and practice trading. You can easy to get a practice account online from forex, easy forex, avafx or cgi trading...
    They all allow vietnamese trading, easy to deposit and withdraw money. At the moment, I am using easy forex and avafx

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  • Joseph Vu's picture
    Joseph Vu
    1331190062

    @Trung Le Quang:FX in Vietnam is not trading mostly with spot, forward, future and a little options. FX is fast, time is just be second. its not like MM by day, bond by few years or equity take a long time. If you want to learn more about FX, you can visit trainning.thomsonreuters.com which is my company website and click on Foreign exchange & Money market. I am sure you can find sth interesting.. However, the knowledge will not free of charge. If you like FX, you should learn more about Technical Analysis and learn how get quick update on news, trends of market.... I dont agree with Hoa when he say stock & FX is the same. To be an expert on FX, you have ta invest a lot of time to this market and time will be your friend. Good luck & have fun!

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