Forex? What is Forex? Is it profitable?

i've found this site yesterday.
a lot information i got there.
http://pipsmaker.blogspot.com/
is it true?
anybody knew more?
any suggestion which site i can learn more?

Very much profitable if you only do this 1 strict rule.

Do Not Do It Manually.

Manual Forex Trading contains human emosion which sometime misjudge your decision.

Try Automatic Forex Trading which every movement [buy and sell] is conducted by Robot automatically 24 hours a day.

I am a newbie my self in Forex [1 month learning] and I still gain without "doing" it as the robot take cares my trading for me.

Check this out:
http://draliazharsblog.blogspot.com/

but i think that's so dangerous coz it can't follow the market news. its only look for the chart trend right? Report It

I didn't look at your link, but yes there certainly is a FOREX market, and that is where foreign currency is exchanged. Sure, you can make a ton of money..but remember, whenever there is an opportunity to make tons of money in investing, the risks are SUPER high, and you are more likely to lose every cent you have. Period.

Like for a newcomer, the odds of you making sucessful trades are like 99.9999999 to 1 against. You are competing with multimillion dollar whiz kids, ph'ds and other friggin genius minded people who advised multibillion dollar corporations and governments where to invest their currency.

These guys live this stuff 24/7 and have access to information well before you get it.

I think you can check out www.forex.com as well

Remeber forex is a zero sum game so for you to make money some one else is loosing,

The problem is you normally trading against big institutions and u will never best them consistently.

If someone had an advantage over the rest and made money they would never advertise it because the more people that use the same strategy the less the advantage of the strategy( your differential will be wiped away)

i would recommend u open up a demo forex account and try your hand at paper money first before committing any of your own capital

very profitable, if you know what you are doing.

good sources on Forex:
www.babypips.com
www.forextopten.com
www.dailyfx.com
www.forexfactory.com

Hope it helps.

I have recently invested in the Iraqui Dinar. I payed $1,100 for 1,000,000 NID. Right now the rate is 1 USD : 1225 NID, the speculation is that in a short time the rate will be 1USD : 3~5 NID. If you want more info on this go to this website http://www.investorsiraq.com Good luck

1. Forex ("foreign exchange") is a financial market where individuals and companies buy and sell currencies for profit or hedge against their exposure to foreign currency in order to minimize a potential loss.

2. Yes, it is very profitable. It also carries a lot of risk.

Hi there yes Forex can be profitable, but you need to learn and educate yourself,before attempting the Forex market. I have a site that you can go to, but Yahoo won't let me post it here.

Just send me a mail to jaques606@yahoo.com, with Forex training, in subject line,and i'll send you the link. You might find the info interesting.

Will reply asap.

Hi,

I suggest you to go to www.babypips.com/school and learn all you need about forex.

Open a Forex demo account with www.oanda.com to practice what you learn.

Join a Signals company to know what signal to buy/sell and what to avoid I strongly recommend you: forex-signals-4u.com

Forex is risky and therefore not suited for anyone, but you can make money if you know what you are doing. Since you are new to this field, I suggest you start learning as much as you can about forex BEFORE you even consider actual trading.

Competition is high just like mentioned in one of the previous answers, but the risks are same to everyone. Not every trade can result in success, but it is important that you have more successful trades than trades resulted in loss. If you learn to follow certain indicators, you can pull out nice profit no matter how much you have to invest.

You can download free ebook about forex trading in the source below that can give you some more information.

Best regards,

Forex is the fastest and easiest way to lose all your money. =)