Did You Join With A Forex Site To Make Money??
By Devilova
@Devilova (5392)
Indonesia
June 16, 2010 8:21am CST
There are lot of forex site in out there, did You use them to make money??
Did You make a lot from them??
How much You've invested to them??
1 response
@puccagirl (7294)
• Israel
16 Jun 10
I am not so sure about Forex, it seems very much like gambling to me, because it is impossible to know what will happen with currencies. So I stay away from anything related to Forex on purpose, but I have heard of people who claim to do pretty well by being involved in it, so I am not 100 % sure or anything...
@dcvqz9 (63)
• India
17 Jun 10
It is never gambling...its that you don't know how it works ...
Forex means you trade for two currencies say you have USD united stated dollar and GBP great Britain pound.
over the period of time in a day there is up down in the market prise of this two dollars[there are important 6 currencies which everyone likes to trade]
so you know that value of USD is gonna rise against GDP so you buy [any number of USD and sell over GDP ]any number is your risk ratio ie: you can buy manny or you can buy less the money difference will get you profit...
on top of that you have more then 6 currencies to trade with
and on top of that too you always have up down prise in the market prise of any currency that means you can trade at any given time in a day and make a huge amount
[which concludes only knowledge about forex can let you get more money that you can imagin ...wee have millionaires who only trade on forex and are in the place they are !!
if you know the market condions and you know strategies and various technics you'll earn money like anything!]