forex?
By aroul89
@aroul89 (13)
Malaysia
March 5, 2011 12:24pm CST
are you familiar with forex?
i've lost lots of money with this thing. what do you think about this world fastest money maker?
8 responses
@soapies1973 (931)
• United States
5 Mar 11
Never tried Forex. I don't have any money to invest in sites. I am looking to make money without investment. It is hard though. I am sorry that you have lost your money.
@naija4real (1291)
•
5 Mar 11
Keys to a successful forex trading
I would rather suggest you get the right training at a training school on forex trading.
Register with an honest forex broker. There are some broker that are dishonest and also very fraudulent.
Practice demo trading: It is an account you can open for free under your broker platform and it contains virtual money or artificial money. You can use it to practice training.
Also jump into a trade only when you know you have sufficient knowledge or understanding about the market trend.
Fund your account with a minimum of $300 or $500 This is to enable you have more money to place trade when your account is running low.
When a trade is moving against you and you think you are about to loose money. You can jump out of a trade. Apply your indicators very well.
Only trade the financial market only when you are mentally in the right mood. If you are feeling bad emotionally it is better you avoid forex trading.
When you make some money do not be eager to use it to place a bigger trade. still watch the market to know the direction of the trade.
@claudia028 (126)
•
5 Mar 11
I haven't been a member, cause it's true that you can make money fast with the site, you lose money quicker, unless you've got extensive knowledge.
@claudia028 (126)
•
5 Mar 11
Sorry for you loss, and I'm sorry I don't know much about forex trading. I would recommend not to invest more than you can afford to lose. Have a good budget plan, invest a small amount at first, and when you gain some profit, use the profit to reinvest. Good luck.
@puccagirl (7294)
• Israel
5 Mar 11
If you want to continue Forex trading, there are tons of online resources you can read to learn more about it. I even think there are some books you can get if you are really serious about it!
@chaijudin (506)
• Indonesia
5 Mar 11
been 2 years and i decided to quit , because i found that forex is pure gambling that legal by law.
we can,t predict , even if you read the chart and some news hit in , and we die losing money.
another reason is we became LAZY and hard to control
we always learn same thing , we always dream for "financial freedom"
for the BIG buck is not gambling , they can paid a billion of $ to make that market move by his own rule
but for us is legally gambling we just flow with the "BIG buck boss @ wall street
we call it "trend" , Trend is our friend , another word " BIG BUCK(soros ,buffet etc.) is our friend"
and the last is that EA ( Robot trading) just a marketing stuff that wrap so nice
looks like so pro " doing nothing and got triple $ income?"
michael jackson said "do think twice"
i have 600EA (but i can,t get 600000$) , i even lose my money with them(EA)
if robot smarter then human , why should human trade?
and robot made by human so if the programmer can beat the market why not we hire a programmer to trade ? , why must broker? , am i right?
that,s what i thought
@zearah (5381)
• Philippines
6 Mar 11
I joined United World Capital since last week of last month tempted for the 100 real cash on the trading account (not withdraw-able. I tried the first trade then took the profit in a blink so I got interested to do more trades until today I GOT A NEGATIVE balance still on one trade.I cannot even figure out how to take back losses oh I am lost.
@wuyuanhua (114)
• China
23 Mar 11
Hi. I always have been making forex for 6 years. I think you can make money if you are experience in forex. I hope we can make a friend. And we can talk about it together.
@housechaos7 (609)
•
5 Mar 11
I have not tried forex but have been tempted i get the impression that as a short term investment and once you have made money in gain to withdraw and enjot your earnings or you will be left out of pocket
@puccagirl (7294)
• Israel
5 Mar 11
I know a little bit about it, even though I have never tried it myself, because some of my friends used to be really into it. My experience is that it is very hard to make money on the Forex market, so I intend to stay away from it in the future as well. If you have already lost a lot of money Forex trading, I would really recommend that you do the same... There are better ways to try to earn an extra buck or two!
