Forex, Your Thoughts?

Discussion in 'General Chat' started by georgecotton, Apr 20, 2008.

  1. DannyBly

    DannyBly Peon

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    #21
    Forex is a great market - alot of volatility, highly liquid and alot of leverage available. Overleveraging is the undoing of most newbies. Here's an intro if you want to learn more:

    http://www.traderslog.com/forex.htm
     
    DannyBly, Apr 22, 2008 IP
  2. maximillion

    maximillion Peon

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    #22
    Hi, is it possible to start with as low as $5 in online forex trading? Please tell me the platform you're using. Thanks
     
    maximillion, Apr 26, 2008 IP
  3. donlin

    donlin Active Member

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    #23
    I gave it a go for 7 months and lost 5 grand and bowed out. The problem with Forex is they allow you to leverage yourself pretty high and the swings are so volatile that its really hard to make money without adding more. I'll stick with stocks.
     
    donlin, Apr 26, 2008 IP