dland007

It sounds like we're going down the same path. I ran into the same issues with stocks. I did have some decent sucesses (though relatively small), however I quickly learned that just because you sell a stock doesn't mean those funds are immediately available to trade again (big surprise and disappointment to me!). It usually took 3-4 days for everything to clear from a sale before I could reinvest. I hoping for much better 'liquidity' in FX.

Hey throughthemud - since you've been trading for a while, I'd really be interested in your success level, general comments on FX, etc.!!

Thanks for the advice throughthemud! I did open a micro account and made my first "real" trades last night. After 5 trades, I was up 10%. Not bad (I think) for my first day. I definitely plan to stay small for a while though! D

Sevensa, I do agree that the 'trader' does play a significant role in the success of any trade - whether that trade involves securities, options, or Forex. What I meant by my comment was that in my opinion, (given the same trader) the Forex market provides significantly more potential for income - for the following two main reasons: 1) much more so than with stocks, the Forex market allows for profit to be made in both upward and downward moving markets, 2) Forex provides the ability to significantly multiply your profits (and losses!) with the use of large margins (as much as 400:1 in some cases).

Hi all! Like the rest of you, I'm new to this site and for me - also fairly new to trading online. I've traded some stocks (with mixed success), but see the real financial potential in FOREX. I'm looking forward to hearing from and learning from you and the more senior members on this site. I would welcome and suggestions, hints, tips, etc. for getting started with FOREX and especially with the N225. Cheers! Dave