I have been planning to start a threade about it. Have u ever been known about "FOREX"? Foreign currency exchange trading. I have been doing this business for 2 years now i m a confident trader. I started with 130 usd just 2 years ago now ( today)my capital is 11300 USd. Ofcourse it;s drammatic.But i did as i have worked hard and i have been very disciplined. U might think if u could do it! Yes. But ask ur self if u r hard working, have patience, honest with ur ethics and not greedy. If yes then u also could be a perfect trader and change ur life.I am greatful with DP as i m learning many things for its resourceful members.I have nothing to give them except that one thing, Forex. Some notable points about forex below. feel free to ask me. i want my thread becomes bussy and very helpful for all. I m planning to start a forex teaching thread for interested and ambitious ppl. U can learn forex from many sites but those r too lenghty and elaborated. they will always try to buy book other forex tutorial stuffsfrom them.But I will teach u free step by step and share my knowledge. what took 2 years for me. i could share with u shortly as Iknow wht to teach u and wht not. wht r useful and wht makes u puzzled.best of luck. U will find me here very often. A short look to forex 1. It is 24 hours market 2. 5 days in week ( Sun day to Friday) 3. Daily turn over 2.5 trillion USD 4.Anyone can do it. 5. From any where. 6.Almost all major currencies, Precious metals like Silver, Gold , platinum are bought and sold. 7. Oil is alos traded. 8.Instant execution. that means u can buy any instrument anytime and sell any time. 9.High leverage. That means if u have 100 usd u can trade up to 10000-50000 USD. thats huge! 10. How much u need to start depends on ur broker. with some brokers u can start with as low as 1 usd. But some other ask for 10,000 minimum. 11. I trade in 2 brokers. One of them suitable for the starter as u can start even from 1 usd. But I suggest to start with minimum 100 USD. Ofcourse if u deposit minimum 25 usd they will give u $25 welcome money to motivate u. that means any ammount after $25= that ammount + 25 more bucks.
Forex trading is like gambling but with basis. If you study hard and analyze hard, you will be fortunate.
Or you end up going broke. Its like the stock market. Lots of experts that think they know everything until they loose all they have during a crash.
I'd say Horse racing is not as risky as Forex. Bot hell, if you know about any of those then both are good opportunity for winners.
Yes forex trading is like the stock market. If you don't know what you are doing you will end up broke.
Yes forex trading is like the stock market. If you don't know what you are doing you will end up broke.
Forex is not gambling. It has some similarities with stock. But if u have good guidence , good money management capability, patience then forex is for u.It is the best shortcut way6 to be rich if u can be successful. u must be successful if u have very good trading skill with tight money management rule. I am happy as I am doing nice. Initially i ave lost much though. But i learn myself.