Since you are new to Forex, I uggest you try forex using a forex robot, there are many many scam robots in the market but maybe three excellent forex robots in existance, look for infomation about them up in youtube.
How does Trading Work? I can say you that take a look at this site ( http://forexsignal.kyma.info ) may be it can help you. It 's one of the best course about trading. It seems like Trading is almost totally based on Macro-economics. It also strikes me that since there are not nearly as many currencies as there are stocks/bonds/derivatives etc etc, there must be a large number of market players in each currency bracket. So logically, currencies must be very liquid true? Also, what is the risk of Currency trading, high or low? When I read the business section every day I notice that the Canadian loonie moves hardly a tenth of a cent on a regular basis (in comparison to the US dollar). So it seems like theres very little room for growth in currencies unless you leverage. On that note, whats the maximum leverage permitted for forex trading. I know in stocks its x2, and in derivatives its x10. Anyway the only way to know how to start a profitable buisness is by following some methods like the one that I suggested.
Surely you can. But beware of scams. Only trade from a well known organization. ICICI direct is good.
You can make too much money with Binary Options and you have to ways for that: learning to do very well or as you can see clicking the link below: ( http://forexsignal.kyma.info ) The most important thing is that if you have the right programs and you study the right stuff you WILL success in this buisness! This course explain everything you need to start a very profitable trading activity.
yes you can, but be sure you use someone reputable.
I heard RBI has banned Indian individuals to trade in forex market.I m new to forex and a bit scared to trade forex after hearing this news.are there any indian forex traders here.Is it possible to do tradeing in forex for me.Is there any ways.Please help