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doc235
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Joined: Aug 14, 2005
Posts: 30

Posted: Tue Aug 16, 2005 6:08 pm Post subject: brokers

I have done some research and came up with a broker that i personally feel is a superior one for trading the FX online than most others. (i have not tried this company myself YET) I did some research and also asked a few people that KNOW how to trade VERY well and decided that www.efxgroup.com was an excellent choice for a broker. use the site and READ everything that is available, thier TOS (terms of service) thier FAQ (frequently asked questions) and ABOUT. I think they are probaby The company to use and definately will be my choice when i am really ready to jump in with both feet. I* am finding that the FX is very much like daytrading and yet very different, just can't put my finger on exact difference yet, but that will come with experience. when i first started daytrading i had no idea how you made money SHORTING. This was a concept i had trouble grasping . Sell a stock that you don't own. Then when the price drops you actually BUY it at the lower price and the difference between the two was your profit. Shorting goes against the grain and even after all these years i rarely short.

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