Has anyone ever tried forex or currency trading is it a scam or is it almost impossible to make money?
honesty is very important TO ME I AM NEW TO CURENCY TRADING AND I HAVE ABOUT 500 BUCKS TO WORK WITH from what i hear forex itself is not a scam but other software associated with it any one with trading experience preferabLy two to three yeARS your inPUT in this would be very appreciative if anyone could HELP ME AGAIN I WOULD VERY MUCH APPRECIATE IT. ALSO I WAS WONDERING HOW MUCH TIME IT TAKES TO MAKE A PROFIT
Extra tags:
- anybody ever made money trading forex,software impossible make money,international finance text currency trading,has anyone used the forex market to make money,has anyone made money with forex,has anyone made money trading forex,has anyone made money doing foreign exchange trading,has anyone ever made money trading foreign currency,has anyone earned on forex,has anybody made money from currency trading,haas anyone used forex recently,do i need to pay tax on money made trading currencies,currency trading in the uk do you pay tax 2010,anyone make money on forex com,anyone ever use Forex,What can you tell me about Stefano Manzotti is this a scam or not
Related posts:
- Currency Trading: is it a viable long term way to make money from home? I went to an introduction to FOREX (foreign exchange) class recently and they were telling us how with a good education in FOREX you can...
- Is the Forex Foreign Currency Exchange Course worthwhile, or a waste of money? Is it worth spending 00 on the Forex course to trade Foreign Currency, plus the 00 towards a trading account, or is it a scam...
- Where & How can i download Forex trading software i.e Fx (forex, stock,currency)software online for free? I know http://forexfreedownload.com which allows to download the Fx trading software, foreign Currency Exchange Software, Stock Trading Software, Online currency trading software, free Forex Strategy...
- Where & How can i download Forex trading software i.e Fx (forex, stock,currency)software online ? i want to know which site allows to download the Fx trading software, foreign Currency Exchange Software, Stock Trading Software, Online currency trading software, free...
- hi have anyone heard of the forex mscs-rrr currency trading e-book? hi has any one heard of the forex foreign currency trading e-book program called mscs-rrr that’s all over the internet? could anyone tell me if...
Tagged with: ABOUT • currency • currency trading • Forex Questions • HAVE • honesty • money • preferabLy
Filed under: Forex Software
It depends on how fast you can learn the forex trade. But initially a lot depends on luck. I have seen many lost money but I think you can improve your chances by following some prudent guidelines and jump in too quickly.
I have been trading as a sideline for 3 years. Made a bit but not much as I have been very careful and cautious. However, the last few months I have made more than I made in the 3 years before.
The reason is I started to use some of the new aids available in the market. I don’t actually use them totally as an autopilot kind of system but more to supplement my regular trading.
Hi! My dad has been in the Forex market for a few years now. He trades his own and other peoples (mostly family) money. He used a simulation program for about a year to learn it, and trade without using real money. He learned it well enough to start doing it for real. He traded pretty conservatively, and slowly made a profit on all the money he put in. It really is a slow increase. I think he’s doubled his money ($5000 is what he started with) in 2 years. Like I said, he trades very conservatively. In MY opinion, $5000 in 2 years isnt that great, but its pretty good compared to other ‘investments.’ I was talking to him the other day and he told me he wasnt doing it right now because everyone is losing money because of the market. He started LOSING money for the first time, didnt like it, and pulled out. He may start again when the market is more stable….this would be a good time for you to learn more about it, use a simulator, read, go to seminars, etc, and then when the market is more stable, maybe you’ll be ready to start trading your own money! Good Luck to you!
FOREX is not a scam but do not expect to make money unless you are very good with finance and international foreign currency theory… I have my degree in finance and I took an International Finance Course in college and it is almost impossible to make a lot of money (especially with $500) due to the fact that you need to be able to position yourself properly with the options you need to buy…
Neither you or I have enough money to do this since you have to pay premiums to buy option rights…the only people (not even people really) that can do this sort of thing are Financial Instituitions.
I hate to burst your bubble man….I too wanted to do the same thing you want to do but I realized it wasn’t worth it…You’d be doing a lot of work and making little money.
The first thing you must do is educate yourself completely on how the Forex operates. Forexplays.com is a great resource for finding everything you need to do about the Forex Market!
Yes forex is not easy to trade.
But having said that I have some friends who are new and have made money using those new autopliot systems. I am still rather slow in catching on these systems as I’ve been trading the old way.
You could definitely see your expertise in the work you write. The sector hopes for more passionate writers like you who are not afraid to say how they believe. Always follow your heart.
When I read a great article I go ahead and do three things:1.Share it with my relevant friends.2.keep it in some of the favorite sharing websites.3.Be sure to visit the same blog where I read the post.After reading this post I’m seriously thinking of going ahead and doing all three.
Agree with the answer above. First paragraph didn’t inspire me to read on, sorry.