Top Ten Forex Trading Questions Answered by Mario Singh

Mario Singh (FXPRIMUS Director of Education & Training addresses the hottest investment questions for the First Quarter in Asia) answers the Top Ten Forex Trading questions of the 1st 2012 quarter. 

Ebène Mauritius, Thursday, 5 April 2012 – For the first quarter of 2012,leading global foreign exchange trader, educator and author Mario Sant Singh, cited gold prices, risk currencies, interest rates, and news-driven market change in calculations on risk, and addressed trading concerns for beginners in hisAskMarioSingh.com blog, “Your toughest Forex Questions answered daily”.

While the views of Mario Sant Singh – who is Director or Training & Education at FXPRIMUS, are already widely sought after in the Forex industry, his popular blog provides a direct channel for both new and experienced traders to improve their knowledge of underlying trends, market movements and news-driven events in the Forex and related, investment markets.

Said Ellen Vaanholt, VP of Marketing at FXPRIMUS, “Ask Mario your toughest Forex questions on AskMarioSingh.com to get practical answers. Many traders – both beginners and professionals – have similar concerns, and Mario’s online blog provides one of the best-informed educational resources available anywhere, to access market-leading expertise and information for Forex trading, on a continuously-updated basis.”

In the first quarter of 2012, the top ten Forex trading questions (click the links for the answers) were:

1. How did you know the price of Gold would reach USD1,700 by the end of January?

2. Why did the risk currencies shoot up on 15/16 March even with good data coming from the USA?

3. Why does the US want to maintain its interest rates when inflation is on the rise?

4. How will the major currencies react to the US Durable Goods Order announcement tonight?

5. Which currency pairs do you suggest I should trade on when the Non-Farm Payroll Report (NFP) releases today?

6. After entering a one-hour time frame, how long can I say the trade is good or bad?

7. Can you explain how to do the calculation so that we never risk more than 3% of our capital per trade?

8. Does a Forex trading expert make profit on every trade?

9. Mario, were you a ‘losing trader’ when you first started?

10. Any suggestions for my son who is interested in making Forex trading his career?

Have a new question for Mario? Then ask him online at AskMarioSingh.com, and sign up to receive Mario’s Forex Answer of the Day, by email.

ABOUT MARIO SANT SINGH

Mario Singh is the Director of Trading & Education at global retail Forex brokerage FXPRIMUS. He has appeared as a guest expert on CNBC more than 35 times to talk about foreign exchange markets, and is a regular contributor to top investment publications and online portals. Known as a brilliant and intense communicator with a unique ability to ‘keep Forex simple’ and a mission to help every man-in-the-street to trade profitably and responsibly in the Forex market, more than 20,000 people have attended his Forex trading programs. He is the only Forex trader in Asia invited to train Julius Baer Private Bankers – the third largest Swiss Bank, and is the author of the forthcoming book: How to Profit in the Forex Market: 17 Proven Strategies (Wiley Publishing).

ABOUT FXPRIMUS

FXPRIMUS, The Safest Place To Trade , offers retail traders a level of trade execution, service quality and fund safety that are normally reserved only for the largest investors. Serving traders in 205 countries across 6 continents, FXPRIMUSprovides an unmatched level of fund safety combined with Straight Through Processing, top notch execution with tight spreads, prompt and responsive customer support, and an industry-leading trader toolset that includes free access to powerful trading tools and personal coaching via FXPRIMUS Coach.

(Source: MarioSingh.com)