hi dp, As an internet entrepreneur i have tried so many programmes online.i have been burnt off with some ,and been successful with a whole lot. Interestingy, all these programmes demand advertising,hardwork and strategy to succeed some months back i subscribed to forex education provider online,and paid $390 for 3 months intensive forex education online. After completing the course , i started to demo trade and then finally trade real money with my forex broker you would not believe it,the $$$ started to pour in daily with my $3k investment. somedays i would make $1,000 some $500,and have therefore come to the conclusion that forex is the fastest way to financial freedom,and would recommend itto those close to me.One common mistake most forex newbie make is to begin trading forex without having the comprehensive knowledge of how the forex market works.have aproper education and you could easily be making $5,000 monthly with little investment I there recommend forex trading to digital point members who have not yet started making money online,and those who want to make more My advice: have a comprehensive education and then trade for a living good luck
It is not possible for a small-time trader to consistently make money in the currency markets. Some get lucky, and of course those who have the resources to force the hand of the central banks (e.g., Soros) can do very well at the expense of governments (i.e., taxpayers). But statistically, for every person who makes money off their $3K, more people will lose money. And it doesn't much matter how "educated" about forex they are. If there were a sure-fire way to beat the market, word would quickly get out and the market would correct itself.
you catch him forex is not a game , it's not as easy as it look like or advertising campaign show you
Forex is a great way to make money but you must be really good and have some experience! You can't make money on forex immediately. And don't forget, with forex you can lose your money too! I tried forex but it's not for my. I don't like that charts ...
You can make money, you can also make money trading currency. You do need training, but you have to take it very slow and know when to hold back and not get greedy.
I have heard that you can make money, but the problem is getting it out of the system. The people I've talked too have trouble accessing the moeny they supposedly made. Any thoughts, comments on this? I'd like to know.
That is not a problem at all if you are dealing with a legit broker. Dealing with a bucket shop might be a different story.
Companies are sending it to you back to your credit card. In some countries it may cause problem. Ask your trading company if they make Western Union payments.
Every time you buy, you are betting that the value of the currency will go up, however, there's always someone else on the other side of that trade who is selling to you because he believes the value of that currency will go down. Thus, one's success is hinged entirely upon their being consistently on the winning side of any trade. If you're willing to bet that you're going to be right more than you're wrong, then great, but keep in mind that every single other trader believes that they're going to be right more than they're wrong as well. But someone loses... My point? Someone's gotta pay the piper. It could be someone else, it could be you. Anyone who mistakes trading "success" as being contingent upon some "skill" or "expertise" would do well to read Fooled By Randomness.
Does anyone have any experience with GMoneyTrader? They make it look so easy, and it is very tempting. Would love to hear what others have to say about it.
i disagree with this point, as there is too much evidence against it. there are many people who make a living trading forex and stocks. there is obviously going to be a varying amount of luck involved (depending on one's skill level). you can't win every trade.