Is Forex any good?

Discussion in 'General Business' started by sp360, May 30, 2008.

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  1. #1
    Is Forex any good? Do the Forex pro's make any money?
    tell us your experience with Forex and how it was.
    Thanks, SP360
     
    sp360, May 30, 2008 IP
  2. happpy

    happpy Well-Known Member

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    #2
    many loose out big...

    better use forex as topic for your adsense ;)
     
    happpy, May 30, 2008 IP
  3. mooseweb

    mooseweb Banned

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    #3
    If you know what your doing, you can rack in easy $xx,xxx.xx daily I'd say, but as happpy said most do lose a lot...

    It's something that you don't invest in without skilled mentoring or hundreds of hours of research.
     
    mooseweb, May 30, 2008 IP
  4. titaniumhijau

    titaniumhijau Well-Known Member

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    #4
    So far, its need effort and need to learn many thing about forex. Its not easy. Honestly, many my friends losing their money because too greedy. My advice, play with real money and learn how to minimize your losing first. Then, start to earn slowly. :cool:
     
    titaniumhijau, May 30, 2008 IP
  5. johnhaya

    johnhaya Well-Known Member

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    #5
    Your question actually answers your own question. You shouldnt be getting into this unless you are writing for it. But to write on this and be respected, you got to be playing with alot of $$.
     
    johnhaya, May 30, 2008 IP
  6. mentos

    mentos Prominent Member

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    #6
    Yes,i have constantly making profit using scalping the E/U ....
    Not putting all egg in one basket,i have hire some forex manager to trade for me in separated account..
    If you don't know to trade or don't have time to trade,i can introduce some forex managed scheme for you.
    Let me know
     
    mentos, May 31, 2008 IP
  7. Mega B

    Mega B Well-Known Member

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    #7
    Forex if traded correctly is very good but very few people stay around long enough to start earning serious money i mainly trade 'Cable' Short and Long using CMC based in the UK and have done for 5 years the vehicle that i use is called Spread Betting and the beauty of this is you dont have to pay any tax as it comes under the UK gaming regulations as i understand it you dont have that facility in th US.Duration of trades can be sometimes minutes up to all day but contract are always closed over night.One simply thing i use on any trade and this is used to minimise your loses and it is Contract On Stoploss On--Contract Off Stoploss Off a simple Golden Rule but often overlooked using this will save your hard Earned Wonga ;)
     
    Mega B, May 31, 2008 IP
  8. felzafndy

    felzafndy Banned

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    #8
    all the above replys sorry are only heared about forex i am sure that no one have a real account with any brooker

    i am forex expert

    i am trading for year till now

    there are three types of people who make profit from forex

    1- people who studied at least 6 months and open a demo account and
    start applying what they have learned

    2- people who selling forex stuff like e-books progs ( 90% are crap )

    3 - people who r really really lucky and those will lose what they have earned sooner or later
     
    felzafndy, May 31, 2008 IP