Horribly confused

[alroyraj]

Re: Defferent leverage same result!!!???

I have 2 alpari demo account,one is 1:1 another 1:100($5000 each). i put sell a in ER/USD in both accout. but result was same...so im asking whre the leverage effect?in this trade both account same perfomence...plz give me an answer...also another doubt, demo accouts doesn't support leverage changes?

Leverage is when you invest that many times the capital.In the 1st account it would be $5000 and in the 2nd $50,00,000.

 

[Edward]

Re: Defferent leverage same result!!!???

I have answered this leverage question for you in the beginners guide to forex thread, so that it might benefit many. Hope the answer clears your doubt.

I have 2 alpari demo account,one is 1:1 another 1:100($5000 each). i put sell a in ER/USD in both accout. but result was same...so im asking whre the leverage effect?in this trade both account same perfomence...plz give me an answer...also another doubt, demo accouts doesn't support leverage changes?

 

[desifxtrader]

Your questions Answered!

I have 2 alpari demo account,one is 1:1 another 1:100($5000 each). i put sell a in ER/USD in both accout. but result was same...so im asking whre the leverage effect?in this trade both account same perfomence...plz give me an answer...also another doubt, demo accouts doesn't support leverage changes?

Take sometime and read thru these information:

http://www.traderji.com/forex/41498-forex-margin-leverage.html

http://www.traderji.com/forex/41492-forex-trading-introduction-newbies-2.html#post439765

http://www.traderji.com/forex/41492-forex-trading-introduction-newbies.html

After reading explain what you've understood.

 

[sharefx]

Better brokers for indians

which is the better broker for indians <dubai based or london,american based>?
any defference in withdrawal in both case?which is fast? any delay for withdrawal from london or us to india ? is withdrawal is fast from dubai to india than us or london?

 

[sharefx]

trader frm kerala

Looking for a forex trader in Kerala, and want to know about the broker having office in kerala?

 

[duster]

Re: trader frm kerala

As of this moment, there are no Forex brokers with offices in Kerala

 

[laluji]

Duster you are wrong

Dear Sharefx,

Try WESTERN UNION... technically they are forex traders as well as brokers.... I am a great fan of yours!!! and I have read all 100 threads that you started on 'Leverage' and 'again about leverage', 'once again about leverage', so I could not keep quite when Duster was misguiding you

Looking for a forex trader in Kerala, and want to know about the broker having office in kerala?

 

[sharefx]

Re: Duster you are wrong

laluji, thnx 4 ur rsponse abt brokers.its new to me that WESTERN UNION is a forex broker...u mean like alpari, fxme etc...?

 

[sharefx]

Dear traders..i dont know how to move ahead.im going to start Forex trading, so i have to take bank account.so i asked the manager about Forex trading ,he suggested me its not allowed in India and have to reply RBI for which kind of purpose the amout invested...if purpose is forex trading, its stricyly prohibited.im totaly confused...he told me some purposes like education, treatment etc...is allowed.but i know alots people in India trading Forex..how it happen? plz give an answer in simple words....

 

[laluji]

I understand your predicament... 'You are horrible and Confused at the same time'... the worst thing to happen to anyone... but I sensed it when i read your thread for the first time....

Now.... please don't give our names to RBI governor :gun2: particularly my name, as Laluji is my real name, I don't want to be bothered by RBI and CBI once again.... already I am under trouble because of Chara trading, now forex trading.... :rofl:

Sharefx, go through the forum and you will find hundreds of different answers for you present question... just remember... that people are doing it, brokers are operating out of india, chartered accountants are accounting it.... etc etc...
Now if you want a personal assurance from RBI governor, then I suggest you find out his name from any 100 rupee note (new note... dont search for R Venkataraman), and then you can find his phone no. in some directory if you are lucky....

The more you delay your opening of the account, the more better for you b'cos your money will be with you till then... anyways, with the kind of awareness and knowledge you have showed till date in forex... you will be extra horribly confused at the speed you will be wiped out...

Dear traders..i dont know how to move ahead.im going to start Forex trading, so i have to take bank account.so i asked the manager about Forex trading ,he suggested me its not allowed in India and have to reply RBI for which kind of purpose the amout invested...if purpose is forex trading, its stricyly prohibited.im totaly confused...he told me some purposes like education, treatment etc...is allowed.but i know alots people in India trading Forex..how it happen? plz give an answer in simple words....