Forex

70% people who invest their money in forex gonna loose their money. This could happen for several reason: 1. Lack of information. When we play in high risk investment like Forex, we must have information complete as possible and fast. Miss one or two important information gonna change our calculation & prediction 2. Lack of knowledge. Some people still think when we play in Forex we just need technical analysis (statistic) and most guidelines how to play in Forex (online and offline) always talking about it. Guess what, ... it wrong. You also need fundamental analysis which you can't learn it in book (need experience, information and knowledge analysis). In normal condition, you can use technical analysis, but when certain time, it gonna be completely useless. 3. Don't how to deal with Broker. In real world when we want to invest our money in Forex, we must deal with brokerage house. We forgot one thing, broker only make money when we in market. They get pay by commission per transaction we made. They don't care we make profit or not, as long they can make money they gonna push us to enter (play) in market. If we don't know how to deal with this kind of person, trust me, our money gone soon enough. In online, we deal with robot software. A lot of people claim it very useful but the truth is I doubt it. Why? Simple, robot software made based on technical analysis ....and like I said before, technical analysis not enough to make calculation and prediction There another reasons why a lot of people fail when invest their money in Forex but I forgot, sorry (My brain start to clogged, English not my mother tongue ...... he he he)

To make a killing you have to invest a lot and the golden rule with investments is never invest what you can't afford to lose. Forex can make a lot of money but you know you can lose everything within minutes as well? I would suggest you stay away unless you are really brave or foolish as there are far better investments out there.

Forex trading is about patience and taking calculated risks.People have responded this in gloomy manner.Forex trading is not at all affected by recession as you can hedge.I have experience of 2 years in forex tading.I have observed and learned some killer patterns with high precision of giving profit. If people are interested then I will share my technique in a separate thread.

yeah, i read about it too i try to learn about forex... From what i've read, to make a safe trade, you need at least $1000 of money... even if many forex broker let you trade with just $100 or less, so i postpone my forex learning for a while and try other things to make money... then after i can get a $1000 which i ready to lose, i'll start learning forex again...

i am also interested in forex but the problem is i dont know how to use this. i dont have any experience with this, so not dare to try =)

Speculation / forex trading is one of the jobs that have an unlimited income opportunity, but also have the possibility of unlimited loss, "high risk high gain" they said. But if you ask me, I think that FX trading is one of the most exciting profession in this world, why: A. Forex trading is a profession that will be there continuously, as long as this world still use money as a medium of exchange, the forex would continue to exist. 2. The possibility of unlimited profits, no other similar work with FX trading (or other speculation instrument) in terms of profits. 3. Analysis process is difficult, but the process of running this business is easy and uncomplicated. 4. And if you succeed in this business, it is guaranteed you will get the freedom of time and money.

As Forex primarily involves trading currencies, it requires substantial knowledge in various currencies and how it behaves based on various economical factors. If one is not careful, then there is a great chance to lose all your money also. I believe only a seasoned player can make money over there.

In today's market, I'd say that investing in Forex is a little on the losing side especially here in my country. It's the time to buy because the dollar to peso rate is low ($1=P42), but not a time to sell and earn anything. In January I was still able to exchange it a higher rate (P44). If you want to invest in Forex, you'd have to have a lot of patience because the money that you will invest may lose at first and you really have no control over the current rates. The bad thing about investing in Forex also is when you buy at a higher rate and then cannot get it to the same rate that you bought it. I have a friend who is just using their dollars when they travel abroad because they bought it at a high rate (P56) and for two years now it has been at a steady P40- P45.

In today's market, I'd say that investing in Forex is a little on the losing side especially here in my country. It's the time to buy because the dollar to peso rate is low ($1=P42), but not a time to sell and earn anything. In January I was still able to exchange it a higher rate (P44). If you want to invest in Forex, you'd have to have a lot of patience because the money that you will invest may lose at first and you really have no control over the current rates. The bad thing about investing in Forex also is when you buy at a higher rate and then cannot get it to the same rate that you bought it. I have a friend who is just using their dollars when they travel abroad because they bought it at a high rate (P56) and for two years now it has been at a steady P40- P45.

A few days ago, I got curious about e-forex. Here's what the mylotters have to say: mylot.com/w/discussions/2622036.aspx I'm not so much of a venture capitalist right now . . . let's see what the time has in store for me!