Better if you are choosing gold than forex, i guess. It's more wealthier to your next next future in couple of years, not this time..but for your family, yourself your certainty invest this gold, it will never go down extremely, because their rate is becoming higher and higher than you can imagine. I have sold my gold when the rate higher in my country, and the result is profit and benefit i got. Just give you some information, if you choose forex, you just gamble with your fortune and your life, anf if the gold, it can make safe your life and every risks in some cases i've met. Ok then, hope you can choose one better, byeee
Forex is safe if people stop using it as they would use the roulette! There are lots of concepts that you need to follow to be able to succeed in forex. I've been trading for 8 years, I learnt it the hard way, but I am good atm. If you start learning forex today and start investing the same day, you're doomed. Yes, not safe in that manner. If you need advises on how to start with Forex, just PM me. good luck
yes I would love some tips.. please check your inbox for a PM. I will give you a mind blowing thread I created at ForexFactory and then see if you can handle me. LOL.. take care.
Yes there is some truth in your post. Most Forex traders lose money but some make millions. One needs to learn the basics first before getting into it. You could do this by signing up for a free practice account. Also stick to popular trading platforms like "Alpari". Slow and steady,and eventually you will know how to trade effectively.
Man... everytime I reply to your PM, its just not sent I guess coz Im still new. you can pm me your email if you want to have some private chat or advise. Im very open to this. Yes Forex business is risky, but there is high reward too. but this is something I got after a series of long losses. I realized every mistake I did, then got back on track Thanks...
I've already talk to this fella. Not good, yeah my words against yours... We don't like each others guts. Try thinking of two CEO in the same company. How will that work out? Anyway, we struggled between each other on who should handle the situation of introduction and asking questions. It's pathetic. He bombarded me with 4-5 questions at once with LITTLE patience. I don't work with these type of people. He has a site which was built on jun 2011 but says he has years of experience in forex. I'm a little skeptical on that, and those 4-5 questions are like a sales man. CHILLAX bro. In any case, you can delete all our chat history from skype, I'm recorded it in camtasia and will create a video on it soon as my proof. I'm still wondering why most people in the world is not like me and think far and think "DONE", let's not do. Let's get it and move on. I'm still finding me out there. Wish me luck. And yes, I'm waiting for your rebuttal. Let's play, I have some time...
Gold is a better metaal to invest in than the other metals because the major players in the forex market also invest in gold. So it's very profitable trading in the Gold market especially if a trader is willing to invest a lot of capital.
Gold is great to invest in, but I would advise you to think of it LONG Term. Gold is a commodity and its projection according to Elliottwave in the coming few months is 2000+ Most importantly, if you will trade commodities, go for lower leverage. It could wipe you out with a single small unpredictable move. The big picture says we could be set for a bottom or one more dip, then all upwards to 2000+, count on this. Good Luck.
If you have money, that you won't need for 10 years - buy some gold. If you want to increase your income quick and are not afraid to loose all money - invest in forex.
Makes sense. However, I would like to add that although Forex is a high risk investment, the risk incurred gets lowered by time the more you get experienced with it, and hence rewards are increased dramatically! Forex is not as simple as their ads claim, a new trader needs to at least read for 6 months, and use a demo account ONLY in this period.
My cosin invested at forex and he got good results,but mind that you will need some training before starting trading! He lost 2 years trading with demo accounts,before investing real money. I hope it helps somehow.
Thats not a single wasted moment man. Its Time investment to learn to avoid future Dramatic losses. He is avoiding the mistakes someone like me did!! I lost more than 10K in the first 3 years of Forex. I was like gambling not trading. I invested more than this amount on Forex education through online webinars; free and paid. But most importantly was my participation in forums. I learnt that I was doing was simply rubbish in comparison to REAL trading. I will always say, Forex is good, but not for everyone. Even successful traders, not every trading technique is suitable for them.
That was the best thing you could do, which is ignore me, I'm impressed. I share the same sentiment, and also not invest blindly. I do not believe in demo though... I agree... I've not reach 10K in losses yet, I hope not too.. At the same time, I'm no where near 3 years.. I prefer this too over the paper currency, LOL...
And who told you Gold is not affected by the Forex Market? China and US are the main influencers on it.